ACCOUNTING - ACC

ACC 200Introduction to Managerial Accounting3(3-0-1) F, S, Sum
Analysis of accounting data that are useful in managerial decision making and in the control and evaluation of the decisions made within business organizations. An introduction to basic models, financial statement analysis, cost behavior analysis and cost control procedures.
Course Offerings: fall sum1 sum2 sprg WolfWare Info


ACC 210Concepts of Financial Reporting3(3-0-0) F,S,Sum
Financial reporting concepts, the accounting information generating process, reporting practices, financial statement preparation, and the interpretation and analysis of financial statements. Basic accounting principles and concepts, the accountingcycle, income measurement, and internal controls.
Course Offerings: fall sum1 sum2 sprg WolfWare Info


ACC 310Intermediate Financial Accounting I3(3-0-0) F,S,Sum
Preq: ACC 210
Conceptual framework of financial accounting and process of development of professional standards. Foundations of accounting and reporting systems. Measurement and reporting issues for cash, receivables, inventories, and non-current assets.
Course Offerings: fall sum1 sprg WolfWare Info


ACC 311Intermediate Financial Accounting II3(3-0-0) F,S,Sum
Preq: ACC 310 with grade of C- or better
A continuation of topics introduced in Intermediate Financial Accounting I (ACC 310). Topics include accounting for investments in equity and debt securities, measurement and recognition of current and non-current liabilities, accounting for operating and capital leases, accounting for pension and post-retirement benefit plans, determination and classification issues related to deferred income taxes, and accounting for various forms of stock-based compensation plans.
Course Offerings: fall sum2 sprg WolfWare Info


ACC 330An Introduction To Income Taxation3(3-0-0) F,S,Sum
Preq: ACC 210 with a grade of C- or better
Basic income tax principles and procedures (including research and planning) with an emphasis on all types of entities and business transactions. Exposure to a range of tax concepts within the framework of financial reporting.
Course Offerings: fall sum1 sprg WolfWare Info


ACC 340Accounting Information Systems3(3-0-0) F, S, Sum
Preq: ACC 200 and ACC 210 with a grade of C- or better
Introduction to the importance of accounting and computer-based controls in an organization's enterprise systems. Focus on business processes, entity-wide information systems controls and security, database modeling and design focused on accounting,and contemporary issues involved in providing assurance services for systems reliability.
Course Offerings: fall sum2 sprg WolfWare Info


ACC 410Governmental and Nonprofit Accounting3(3-0-0) F,S
Preq: ACC 210
Accounting for state and local governments, including budgeting, audit issues, and financial analysis. Accounting for nonprofit organizations, including colleges and universities and healthcare organizations.
Course Offerings: fall sprg WolfWare Info


ACC 411Business Valuation3(3-0-0) F,S,Sum
Preq: ACC 210, BUS 320, BUS 350
Conceptual framework of how businesses work, value generation and reporting. Interpretation of financial statements and their use in valuation of the firm.
Course Offerings: fall sum1 sprg WolfWare Info


ACC 420Strategic Finance and Planning3(3-0-0) F,S,Sum
Preq: ACC 200 with grade of C- or better
Strategic finance in planning, control, and evaluating organizational activities and in designing and implementing business strategies. Use of accounting in corporate management and business planning. Integration of performance measurement and cost control with corporate strategy.
Course Offerings: sum2 sprg WolfWare Info


ACC 440Enterprise Resource Planning Systems3(3-0-0) S
Preq: ACC 340 with grade of C- or better
Survey of the varied types of enterprise software available to companies with enterprise resource planning (ERP) systems as the primary foundation. Focus on company-wide data integration enabled by ERP systems and other enterprise software such as customer relationship management, knowledge management, business intelligence and the Balanced Scorecard. Students should gain an appreciation of the managerial, accounting, security and technical issues surrounding the adoption, design, implementation, and use of these solutions while developing hands-on knowledge. Credit will not be allowed for both ACC 440 and BUS 540.
Course Offerings: fall sprg WolfWare Info


ACC 450Risk and Assurance3(3-0-0) F,S,Sum
Preq: ACC 311 with a grade of C- or better
Introduction to assurance services objectives, theory, and practices. Focuses on developing skills for interpreting business strategies and identifying related business risks, describing internal control solutions to those risks, identifying evidential sources, providing assurance about those risks and controls, and designing strategies to provide assurance services about the reliability of business information.
Course Offerings: fall sum2 sprg WolfWare Info


ACC 451Internal Auditing3(3-0-0) S
Preq: ACC 210 with C- or better
The theory, practice and design of internal audit activities. Examination of industry standards as a guide to the internal audit field. Evaluation of internal controls, information technology and fraud risks and controls, audit evidence and assurance, communicating audit results and consulting engagements. Emphasis on the professional practice of the discipline of internal auditing.


ACC 470Accounting Theory3(3-0-0)
Preq: ACC 410 (312)
Major concepts, problem areas and trends in accounting thought and practice, including a review of the most prominent controversies in current publications and the most recent relevant pronouncements of professional institutions.


ACC 480Accelerated Survey of Financial and Management Accounting3(3-0-0) F
Accelerated survey of basic concepts underlying accounting in profit-oriented firms: data measurement, summarization and reporting practices as a background for use of accounting information; content of published financial statements; and uses of accounting for management decisions in product costing, budgeting, and operations. Credit may not be received for both ACC 480 and ACC 220 or 280. Intended for graduate students and advanced undergraduates not majoring in Accounting or Management


ACC 490Senior Seminar in Accounting3(3-0-0) S
Preq: Accounting Majors in final semester of study or PBS status admitted by permission of department head
Integration of financial, managerial, tax, and governmental accounting. Application of appropriate accounting methods to problem resolution.


ACC 495Special Topics in Accounting1-6
Preq: Consent of Instructor
Presentation of material not normally available in regular course offerings, or offering of new courses on a trial basis.


ACC 498Independent Study in Accounting1-6 F,S,Sum
Detailed investigation of topics of particular interest to advanced undergraduates under faculty direction on a tutorial basis. Credits and content determined by faculty member in consultation with the associate department head.
Course Offerings: fall sum1 sum2 sprg WolfWare Info


ACC 499Internship in ACC
S, SUM1, SUM2
Preq: Senior standing, min. 3.2 GPA, consent of instructor.
A full-time professional internship in accounting. Eligibility for participation to be by invitation and by the demand for interns among accounting firms participating in the internship program. Participants will communicate with instructor weeklyover the course of the internship to discuss progress and insights. A post-internship interview and paper is also required. Internships vary in duration from 8 to 15 weeks. Restricted to ACF, ACS, & ACM majors.
Course Offerings: sum1 sprg WolfWare Info


ACC 508Advanced Commercial Law3(3-0-0) S
Preq: MAC Program
A study of law and regulation as a structure in which to develop business goals and strategies. Students will examine those elements of law and regulation that are a context for ethical business behavior. Students will also study the provisions oflaw and regulation including case-law that must be followed as a part of the strategic planning process and in the process of implementing business methods and procedures.
Course Offerings: sprg WolfWare Info


ACC 510Accounting for Mergers and Acquisitions1.5(1.5-0-0) F
Preq: MAC Program
A study of business and accounting issues surrounding mergers and acquisitions. Course focuses on advanced application of the equity method for investments, accounting for business combinations, and preparation of consolidated financial statements. Meets the first part of the semester.
Course Offerings: sprg WolfWare Info


ACC 511Accounting for Derivatives and Hedging1.5(1.5-0-0) F
Preq: MAC Program
A study of the business and accounting issues surrounding the use of derivatives in risk management practices and for speculation. Course focuses on foreign currency transactions, financial statement translation, and the application of accounting guidance to the use of derivatives to hedge risk exposures and to speculate.
Course Offerings: sprg WolfWare Info


ACC 515Accounting Theory and Current Issues3(3-0-0) S
Preq: ACC 510
Accounting theory and current issues related to financial reporting with emphasis on research methods, database use, written and oral communication skills, ethical issues and team work.


ACC 519Applied Financial Management3(3-0-0) F
Preq: MAC Program
A study of key business decision made and tools used by CFOs in their executive management roles. Students will focus on managerial analysis tools (e.g., business plans; budgeting) and finance issues (e.g., funding alternatives, treasury, and cash management). The course will include management skills related to the CFO, such as negotiations, leadership, delegation, interactions with boards, etc.
Course Offerings: fall sum2 WolfWare Info


ACC 521Production Cost Analysis and Control3(3-0-0) S
Preq: ACC 320 or ACC 480; BUS 350
Advanced managerial accounting practices: cost calculation, cost estimation, cost allocation and control using matrix algebra, statistics and other quantitative techniques.


ACC 525Advanced Management Accounting3(3-0-0) F
Preq: MAC Program
A study of how accounting and operating information is used in management planning and decision making. Students will apply advanced costing models and design and evaluate management decision making information systems. Topics will include issues that are appropriate for consideration by executive management and the board of directors.
Course Offerings: fall WolfWare Info


ACC 530Advanced Income Tax3(3-0-0) S
Preq: MAC Program
A study of the tax consequences of business, financial, and personal wealth-planning transactions. Students will examine the economic or legal context of transactions along with the non-tax motives of the transacting parties. The course will consider the efficiency of tax strategies in terms of their impact on net cash flows and other financial reporting effects.
Course Offerings: sprg WolfWare Info


ACC 533Accounting and Tax Research3(3-0-0) F
Preq: MAC Program
A study of research methods, procedures and tools used to develop solutions to technical and policy-oriented business problems. Students will consult various competent authorities on taxation, accounting, auditing, and general business in the development of business problem solving techniques.
Course Offerings: fall sum1 WolfWare Info


ACC 534Taxation of Corporations and Shareholders3(3-0-0) F
Preq: Graduate standing
Coreq: ACC 533
Selected topics of federal income taxation pertaining to corporations and their shareholders including corporate formation, distributions, liquidations and reorganizations; tax problems of consolidated income tax returns; and tax planning opportunities involving the corporation and its shareholders.


ACC 535Taxation of Partnerships and Corporations3(3-0-0) F
Preq: Graduate standing
Coreq: ACC 533
Legal and federal income tax aspects of the partnership as a business entity; measurement of partnership profits and losses; distributions to partners; and transactions between partners and the partnership. Legal and business aspects of the S Corporation as a business entity and tax planning for S Corporation shareholders.


ACC 536Taxation of Estates, Trusts and Gifts3(3-0-0) S
Preq: ACC 533; Graduate standing
Examination of federal excise tax levied on transfers of property via gift or from a descendant's estate, including fundamental concepts of estate planning using planned giving and trusts; income taxation of estates and trusts with an emphasis on integration of estate, gift and income taxes.


ACC 537Tax Planning and Business Strategy3(3-0-0) S
Preq: ACC 533; Graduate standing
Development of a tax planning framework for use in analyzing a wide variety of decision settings including compensation planning, multinational transactions, organizational and capital structure, property transactions, and mergers and acquisitions.Policy implications of existing laws and alternatives.


ACC 540IT Risks and Controls3(3-0-0) F
Preq: MAC Program
A study of how business strategies use information technology (IT) as an efficient enabler of redesigned core business processes. Students will focus on how the use of IT affects risk management by eliminating certain risks and introducing others. Students will examine IT control solutions used to address IT risks and will address issues affecting assurance engagements related to IT systems.
Course Offerings: fall WolfWare Info


ACC 551Advanced Auditing3(3-0-0) S
Preq: MAC Program
A study of the impact of business risks on the design and performance of audit procedures to detect material misstatements in financial statements. Students will be exposed, through a case-based approach, to significant business issues related to audit planning, risk assessment and auditor response, corporate governance, reporting, and other significant business issues affecting audit professionals in their first years of employment.
Course Offerings: sprg WolfWare Info


ACC 552Advanced Accounting Cases3(3-0-0) S
Preq: ACC 510, ACC 530
Financial reporting and financial management cases with perspectives for either tax or audit professionals. Emphasis on problem identification and analysis with oral and written communication of findings. Choice of either tax or audit perspective in this team-taught course.


ACC 580Survey of Accounting3(3-0-0) F, Sum
Preq: Graduate Standing
Accelerated survey of basic concepts underlying accounting in profit-oriented firms; concepts for decision making in manufacturing; content and interpretation of published financial statements; data measurement; product costing; budgeting. May notbe taken for credit by students majoring or minoring in accounting
Course Offerings: fall sum2 sprg WolfWare Info


ACC 588Special Topics in Accounting1-6 F,S
Course objectives dependent upon unique circumstances motivating offering of course. Timely curriculum innovation the primary motivation. Departmental consent required.


ACC 600Managerial and Career Effectiveness1(1-0-0) F
Preq: MAC Program
Knowledge and skills needed to advance professional accounting career. Strategic communication of self and ideas in professional and classroom settings. Diagnosis of organizational culture. Impression management and appropriate business behavior. Leadership of individuals, group dynamics, and team building.
Course Offerings: fall WolfWare Info


ACC 630Independent Study1-6 F,S
Advanced topics not otherwise included in curriculum by advanced graduate students on a tutorial basis. Determination of credits and content by participating faculty in consultation with Director of Graduate Programs. Departmental consent required
Course Offerings: fall sum1 sum2 sprg WolfWare Info


ACC 688Non-Thesis Masters Continuous Registration - Half Time Registration1(1-0-0) F,S,Sum
Preq: Master's student
For students in non-thesis master's programs who have completed all credit hour requirements for their degree but need to maintain half-time continuous registration to complete incomplete grades, projects, final master's exam, etc.


ACC 689Non-Thesis Master Continuous Registration - Full Time Registration3(3-0-0) F,S,Sum
Preq: Master's student
For students in non-thesis master's programs who have completed all credit hour requirements for their degree but need to maintain full-time continuous registration to complete incomplete grades, projects, final master's exam, etc. Students may register for this course a maximum of one semester.