Accountancy
Course Descriptions
ACC 520 Accounting for Managers (3)
The objective of this course is to familiarize students with the basic
principles of short-term financial planning. Topics coverage shall
include (1) trends flow statement development and analysis, on both cash
and working capital bases, (2) common size analysis, (3) index
analysis, (4) cash budgeting, (5) working capital management, (6) pro
forma statement development and analysis, and (7) general forecasting
methodologies (including subjective, historical, and causal techniques).
ACC 571 Advanced Management Accounting (3)
Students will learn techniques for budgeting, cost-volume-profit
analysis, segment evaluation and analyzing operating constraints. They
will research and develop solutions to various advanced management
accounting problems through case studies and problems from the CMA Exam.
Finally, the students will present their analysis and recommendations.
Prerequisite: ACC 370 or ACC 520 or equivalent.
ACC 585 Financial Statement Analysis and Reporting (3)
Investigates business objectives through financial analysis, cash
budgeting, and ratio analysis. Additional topics may include capital
budgeting, utility analysis, basic portfolio concepts, the capital asset
pricing model, and the study of efficient markets. Long-term financing
strategies of the corporation, including the theory of valuation for
corporate securities, capital structure theory, dividend policy, and
analysis of overall cost of capital to the corporation. Prerequisite:
ACC 201 or ACC 520 or equivalent.
ACC 591 Independent Study (3)
Extensive study and research on a particular topic of student interest
under the supervision of a faculty member. The student is required to
submit a written proposal which includes a description of the project,
its duration, educational goals, method of evaluation and number of
credits to be earned.
ACC 595 Internship (3)
Internship placements provide students with a field experience related
to their academic preparation enabling them to apply classroom
instruction to the work site. Students are placed with an organization
related to their major and specific area of interest to work along with,
and be proctored by, experienced professionals. These are opportunities
that cannot be duplicated in the classroom environment and provide an
excellent transition into the field.
ACC 611 Advanced Income Tax Research (3)
Focus on the study of federal tax legislation and IRS regulation of
corporations, partnerships, estates and trusts. Special attention is
given to capital gains and losses, normal tax and surtax, income and
deductions for domestic, international, and multinational corporations.
Tax research will be conducted through the analysis of IRS rulings on
court cases. Prerequisite: ACC 310 or equivalent.
ACC 630 Fund Accounting (3)
Accounting principles and procedures as applied to not-for-profit
entities are covered. In addition, the accounting standards and
reporting requirements that relate to not-for-profit entities will be
reviewed and analyzed. Prerequisite: ACC 475 or equivalent.
ACC 650 Advanced Auditing Theory (3)
Advanced review of auditing standards and techniques, computerized
auditing systems, SEC regulations, legal liability, and professional
ethical standards. Prerequisite: ACC 450 or equivalent.
ACC 685 Advanced Financial Accounting Theory (3)
An examination and analysis of Generally Accepted Accounting Principles
(GAAP). The course reviews Financial Accounting Standards (FAS) in
detail and includes a critical review of the research that is at the
theoretical foundations of GAAP. In addition, the process by which the
Financial Accounting Standards Board promulgates new FAS will also be
analyzed. Prerequisite: ACC 475 or equivalent.