Minor in Accounting

Emphasis on the information that the language of business provides for decisionmakers. This is accomplished by using a transactions-analysis approach. Individual and team-based problems and cases are used to stress accounting fundamentals as well as the global and ethical issues of accounting decisions.

Covers the role of managerial accounting in corporate management. Emphasis is on the introduction of product and service costing, profit planning, cost analysis, and the cost allocation process. Current financial accounting and control matters are reviewed and evaluated. Individual and team-based problems and cases are used to explore global ethical issues.

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 indepth analysis of the statement of cash flows. Emphasis is on the most recent pronouncements of the FASB and the IASB.
Prerequisite: Take AC 331

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

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

Develops students' ability to analyze financial statements to determine both asset value and earning capacity of the public corporation's securities. Requires an understanding of the positive and negative effects of operating and financial leverage, as well as ratio analysis as it concerns the capitalization, stock, and bond markets. Proof of students' ability lies in the preparation of an analysis of annual report of a major publicly held corporation.
Prerequisite: Take FN-215

This course introduces microeconomic concepts such as supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, welfare analysis, and labor market. Students will also be introduced to the use of microeconomic applications to address problems such as the role of government, environmental policies, insurance markets, and income distribution.

This course introduces macroeconomic concepts and analysis of unemployment and inflation within the context of the business cycle, the determinants of economic growth, the role of interest rates in savings and investment, the interaction of money and the banking system, and corrective monetary and fiscal policies. Students gain an international perspective by assessing the role of international trade and exchange rates in the modern global economy. A prerequisite to EC 301, EC 302, EC 303, EC 316, EC 321, EC 342, EC 373, and EC 399
Prerequisite: Take EC-202 AND MA-106 OR MA-109 OR MA-110 OR MA-151