Introduction to financial accounting and accounting information systems (AIS), including basic concepts, limitations, tools and methods, use of AIS-generated information, including financial statements in decision making by investors, creditors, and other users external to the organization.

Component(s): Lecture
Grading Basis: Graded Only

Fundamental financial accounting concepts that underlie U.S. generally accepted accounting principles (GAAP) and international financial reporting systems (IFRS), and their application to the basic financial statements, revenue recognition, fair-value accounting and assets.

Component(s): Lecture
Grading Basis: Graded Only

Fundamental financial accounting concepts that underlie U.S. GAAP and IFRS, and their application to liabilities, equity, and special topics including income taxes, leases, pensions, share-based compensation, EPS, accounting changes, error corrections, and cash flows statement.

Component(s): Lecture
Grading Basis: Graded Only

Accounting information for management of all types of business entities including cost concepts; cost accumulation and analysis; product costing; master and flexible budgeting; standard costing and variance analysis; responsibility accounting; decision making and relevant information; and pricing decisions and analysis.

Component(s): Lecture
Grading Basis: Graded Only

Dual Listed as: ACC 5310

Fundamental principles of income taxation leading to the preparation of federal tax and state returns, including tax determination, gross income, deductions, property transactions, depreciation, employee expenses, self-employed deductions and Passive Activity Losses. Course emphasizes written and oral communication skills and tax research.

Component(s): Lecture
Grading Basis: Graded Only

Dual Listed as: ACC 5510

Role, design, implementation, and management of the accounting information system as a subset of the management information system. Interface between accountants and computer specialists. Short case studies.

Component(s): Lecture
Grading Basis: Graded Only

Dual Listed as: ACC 5810

Auditing standards and procedures used by assurance auditors including types of audit reports; internal controls; audit evidence; professional responsibilities and legal liabilities; and standards of reporting financial information.

Component(s): Lecture
Grading Basis: Graded Only

Importance of ethics in accounting practice; frameworks for ethical decision making; professional codes of ethics in accounting; and current and classic ethics cases.

Component(s): Lecture
Grading Basis: Graded Only