You are here:  UHD 1999/2000 Catalog / Course Descriptions / Accounting

2301		67 Financial Accounting (3-3-0) Prerequisite: MATH 1300 Development of analytical skills necessary to construct and to understand financial statements. The conceptual framework used to explain financial accounting and the economic information generated in the accounting process. (ACCT 2301)

2302		Managerial Accounting (3-3-0) Prerequisite: ACC 2301 Cost analysis and control concepts used in providing internal accounting information for management. (ACCT 2302)

3300		Analysis of Financial Reporting (3-3-0) Prerequisites: A grade of C or better in ACC 2301 and ACC 2302 and junior standing Review the development, construction and composition of principles of financial reporting and of financial statements and the techniques used to interpret such reports; designed to aid the student in developing techniques for investment decisions and credit extensions.

3301		Intermediate Accounting I (3-3-0) Prerequisite: A grade of C or better in ACC 3300 Further development of analytical skills necessary for measuring and reporting of assets and liabilities. Accounting principles underlying the preparation of financial statements are studied in depth. Additional special topics will be included.

3302		Intermediate Accounting II (3-3-0) Prerequisite: A grade of C or better in ACC 3301 Continuation of ACC 3301. Emphasis on measuring and reporting stockholder’s equity. Other topics include: earnings per share, accounting for price changes, leases, pensions, accounting changes and error analysis. Additional special topics will be included.

3303		Cost Accounting (3-3-0) Prerequisite: A grade of C or better in ACC 2302 and junior standing. Cost accounting principles and techniques used in assembling data for product costing as well as for managerial use in planning, control and decision making. Topics include: cost terminology, job order and process costing, budgeting, cost-volume-profit analysis, standard costs and relevant costs for decision making.

3304		Accounting Information Systems (3-3-0) Prerequisite: ACC 3300 Study of accounting systems as information and control systems. Financial information needs, control methods and efficiency measures. Computer applications. Course replaces ACCT 4324. Credit will not be given for both courses.

3305		68 Governmental Accounting (3-3-0) Prerequisite: ACC 2302 and junior standing Special features of budgetary and fund accounting as applied to nonprofit entities: municipalities, other governmental units and institutions such as schools and hospitals.

3307		Oil and Gas Accounting (3-3-0) Prerequisite: ACC 2302 and junior standing Accounting systems and procedures generally applicable to the oil and gas industry.

3323		International Accounting Prerequisite: ACC 3302 An overview of international financial accounting standards, current problems of international operations and multinational corporations. It also provides comparative analysis of accounting principles and practices outside the United States.

3399		Directed Study in Accounting Prerequisite: Formal approval by department chair and dean Selected topics in accounting; intensive individual study under the guidance of a member of the accounting faculty.

4301		Individual Income Taxation (3-3-0) Prerequisite: ACC 2302 and junior standing Determination of income and statutory deductions to arrive at net taxable income. In addition, the determination of tax liability and various tax credits are discussed. The Internal Revenue Code, various income tax acts and problems of the preparation of individual income tax returns are studied as they relate to current laws.

4302		Corporation Taxation (3-3-0) Prerequisite: ACC 4301 Study of income tax acts as they relate to corporations and partnerships. Methods of tax research are integrated into each of the topics studied.

4303		Advanced Accounting (3-3-0) Prerequisite: A grade of C or better in ACC 3302 Business combinations, home office and branches, and partnerships, with concentration on accounting and reporting for purchase acquisitions using the equity method.

4304		Auditing (3-3-0) Prerequisites: ACC 3304 and MATH 3309 or equivalent Introduction to auditing as it relates to the accounting profession. Studies emphasize generally accepted auditing standards; the acquisition, evaluation and documentation of audit evidences; professional responsibilities; and auditors’ reports and opinions.

4305		Advanced Auditing (3-3-0) Prerequisites: A grade of C or better in ACC 4304 To further develop professional auditing standards, including accounting and review services, quality control and review standards; also covers the advanced topics of auditing EDP systems and problems in statistical sampling.

4307		Advanced Cost Accounting (3-3-0) Prerequisites: ACC 3303 and MATH 3309 or equivalent This course is a continuation of cost accounting with major emphasis on quantitative decision-making.

4309		EDP Audit and Controls (3-3-0) Prerequisites: ACC 2302, CIS 1301 and junior standing Introduction to the fundamentals of auditing computer-based information systems. Emphasis for this course is on the concepts and techniques used in automated information systems audits. Exposure to risk assessment, business impact analysis, and disaster recovery analysis is provided as these topics relate to the varying requirements of business entities and of the business community. Credit will not be given for both ACC 4308 and CIS 4309.

4321		Financial Reporting Theory (3-3-0) Prerequisite: A grade of C or better in ACC 3302 Theoretical structures and rationale underlying financial reporting standards. Critical evaluation of Financial Accounting Standards.

4322		Estate, Gifts and Trust Taxation (3-3-0) Prerequisite: ACC 4301 Statutory and case law approach to federal taxation of estates, gifts and trusts. Emphasizes use of Internal Revenue Code and regulations and includes tax planning and research.

4325		Tax Research Methodology Prerequisites: ACC 4301 and ACC 4302 This course focuses on fundamentals of federal tax research. The emphasis will be on methodology and sources of tax research, tax analysis and use of the computer in tax practice/research.

4380		Field Experience (3-3-0) For more information and qualifications see Field Experience in the College of Business section of this catalog and/or the department chair for your declared major.