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Dr. Dan Wade presents Tyler Showalter with the Dan Wade Accounting Scholarship, which is for a bright and deserving full-time accounting student.

Following certain course descriptions are the designations: F, Sp, Su. These indicate the semesters fall, spring, summer in which the course is normally offered and are intended as an aid to students planning their programs of study.

ACCT 201: Accounting Principles I (3) A study of the principles of financial accounting and reporting as they relate to today’s business environment. Both the procedures used and the concepts upon which they are based will be studied. Prereq: CIS 151 or CIS 261, MATH 111, and must have completed at least 24 semester hours. F, Sp, Su

ACCT 202: Accounting Principles II (3 ) A study of managerial accounting information as it is used by managers in various types of business organizations. The emphasis is on the development, interpretation, and application of managerial accounting for planning activities, controlling operations, and making decisions. Prereq: ACCT 201. F, Sp, Su

ACCT 203: Financial Accounting Laboratory (1) An introductory study of financial accounting, taught from a preparer perspective using computerized accounting software. Prereq: ACCT 201. F, Sp, Su

ACCT 303: Intermediate Accounting (3) A study and application of Generally Accepted Accounting Principles (GAAP) for asset valuation, income measurement, and financial statement presentation for business organizations, and the processes through which these principles evolve. Extensive reliance on the case method. Prereq: ACCT 203 and junior standing or consent of the accounting department chair. F, Sp, Su

ACCT 304: Intermediate Accounting II (3) The course represents a continuation of the intensive study and application of the generally accepted accounting principles for asset valuation, income measurement, and financial statement presentation begun in ACCT 303.  The course relies extensively on the case method of instruction.  Prereq: ACCT 303 Sp

ACCT 311: Introduction to Federal Income Taxation (3) An introduction to federal tax theory and practice as applied to business entities. Prereq: ACCT 202. F, Sp, Su

ACCT 312: Individual Tax Procedures II (3)

ACCT 315: Cost Accounting (3) The theory and practice of cost accounting with emphasis on its use for planning and control. Introduces the concept of budgeting, standards, and profitability analysis. Prereq: ACCT 202 and 203 and junior standing. F, Sp, Su

ACCT 355: E-Business Security, Controls (3) (Removed)

ACCT 390: Individual Taxation Practicum (3) This course provides the students with a concentrated clinical experience designed to integrate and apply core tax concepts. It provides students an opportunity to serve the local community by preparing federal and state individual tax return for low-income taxpayers, foreign faculty, and students. This program is offered within the structure of the IRS's Volunteer Income Tax Assistance program (VITA). This course is repeatable for up to 6 hours credit. Expanded responsibilities including some training and supervision of other students will be expected of students who repeat the course. Prereq: ACCT 311 or consent of instructor. S

ACCT 401: Advanced Accounting (3) Provides theory and application of accounting principles to special accounting problems. Includes consolidations, segment and interim reporting, international accounting, fund accounting, and other special accounting problems. Prereq: ACCT 303 and senior standing. F, Sp

ACCT 411: Advanced Federal Taxation (3) This course provides an in-depth study of selectd taxation issues faced by business entities. A review of Internal Revenue Code provisions and regulations will be made on those topics that are relevant to today's tax professional but generally the scope of a single undergraduate taxation course. Prereq: ACCT 311. S

ACCT 413: Accounting Information Systems (3)  A study of computer-based accounting information systems and their role in contemporary business organizations. This includes accounting data flows, the tools of designing accounting information systems, the use of computer technology in processing accounting transactions, and knowledge of internal control structures in effective accounting information systems Prereq: ACCT 303 and senior standing. F, Sp

ACCT 415: Auditing Theory and Practice (3) The fundamental principles of auditing. Emphasis is placed on the scope of the audit, audit practices and procedures, and audit reports. Prereq: ACCT 303 and senior standing. F, Sp

ACCT 416: Advanced Cost Accounting (3) A continuation of ACCT 315, the emphasis in this course is on cost allocation, joint products, transfer pricing, segment performance evaluation, accounting decision models using uncertainty, regression analysis, mix variances, linear programming and managerial accounting problems in the CPA and CMA examinations. Prereq: ACCT 315. F

ACCT 422: Financial Reporting and Analysis (3) Developing an understanding of the essentials of financial statement analysis and its role in interpreting information presented in published financial statements. By considering the latitude and ambiguity in GAAP, emphasis is placed on understanding the environment in which financial choices are made, what reporting options are available to managers, how these choices are made, and how to avoid misusing financial statement data. Prereq: ACCT 304 and senior standing. F

ACCT 490: Individual Study in Accounting (1-3) Repeatable for up to three hours. Research and reading in the student’s major area of interest. May be taken on an arranged basis upon approval of the College of Business dean and the instructor.

ACCT 499: Accounting Professional Practice (1-3) A cooperative work-study program designed to:

1. provide undergraduate accounting students realistic work experience to improve the depth of understanding of the nature of American and international business;
2. develop student maturity and confidence to determine in which areas of business they should seek their professional careers; and
3. create a work situation where advanced business courses are made more meaningful as a result of the perspective that comes from such a professional experience.

From one to three hours may be earned in an academic term, repeatable to a maximum of six credit hours applied as electives in a business bachelor’s degree program. Grades assigned as Satisfactory or Unsatisfactory only. Prereq: Students must be have completed or be enrolled in 63 semester hours of credit including the following courses: CIS 151, ACCT 201 and 202, ECON 265, ECON 208 and 209, ENG 201, and CMST 101. Students must have a minimum overall GPA of 2.75 and minimum GPA of 2.75 in all business courses. Consent of the dean, director of Professional Practice Program and appropriate department chairperson.