200

All accounting majors must fulfill a 30-hour non-credit service requirement as a condition of graduation.  Service opportunities are provided through the VITA tax assistance program, through the accounting honor society Beta Alpha Psi, through other accounting and business organizations and through the UT Office of Student Leadership and Engagement (OSLE). Accounting majors should sign up at the beginning of their junior year with OSLE to establish a record for a co-curricular transcript. Report and substantiate all service hours to build your co-curricular transcript. Submit your co-curricular transcript to the accounting department chair 60 days before graduation. The chair will approve and submit to the registrar your successful completion of the service requirement.

ACC 202 focuses on the external financial reporting of enterprises. The course examines the creation, flow and analysis of enterprise financial information, including the income statement, balance sheet, statement of retained earnings and cash flow statement in accordance with accepted accounting principles. Students conduct introductory Internet research on published company financial information.

ACC 203 focuses on the concepts, systems, procedures and decision models that help managers analyze, interpret and improve business results. Managerial accounting encompasses various systems for calculating the cost of a product or service; tools for the evaluation of business segments; models for making decisions concerning a variety of special decisions; planning and budgeting for operations and capital items; and exposure to ethical norms and dilemmas in the context of accounting and finance. The course includes Excel spreadsheet applications.