Accounting Undergraduate Certificate

Explores critical issues facing accounting and financial managers in the current business environment. Topics include introduction to state-of-the-art managerial accounting practices, in-depth understanding of cost management, product and service costing methods, performance evaluation, and managerial compensation systems. Global and ethical issues are examined. Written assignments, case studies, and team discussions compose much of classroom interaction.
Prerequisite: Pre AC-222

Further discusses accounting concepts, principles and practices, placing more emphasis on the theoretical aspects involved. While intended for the Accounting major, this is also a most useful course for other majors in the College of Business.
Prerequisite: Take AC-221

Covers specialized topics in accounting including but not limited to pension accounting, debt and equity financing issues, stockholders' equity, earnings per share, international accounting, and in-depth analysis of the statement of cash flows. Emphasis is on the most recent pronouncements of the FASB and the IASB.
Prerequisite: Take AC 331

Advanced Accounting covers financial accounting and reporting topics such as investments, business combinations, consolidated financial statements, foreign currency transactions, translation of foreign currency financial statements, and partnerships. The topics are analyzed from the perspective of ongoing developments in the business environment, domestic and international standard setting, and associated ethical implications.
Prerequisite: AC 332

Studies audit practices used by independent public accountants in examining accounting records and statements. Emphasis is on "generally accepted auditing standards" of evaluation of internal control as well as ethical issues.
Prerequisite: AC-332

Introduces individual income taxation. Topics include formulation of tax statutes, research methodology, tax planning, analysis of taxable income, and ethical considerations.
Prerequisite: AC 332