300

ACC 304 helps students apply cost accounting methods in a variety of organizational business settings by developing accounting information that is timely, relevant and useful for formulating strategy, making non-routine decisions and planning and controlling operations. Topics covered include cost accumulation, assignment and behavior; planning, budgeting, evaluating and controlling operations; and tactical decision-making.

This course expands the students’ understanding of generally accepted accounting principles. The theory covered includes the FASB’s conceptual framework, FASB codification of accounting standards, international financial reporting standards and the accounting process. This theoretical background is then applied to the preparation of financial statements and the use of time-value of money concepts to measure financial statement elements, revenue recognition and accounting for cash, receivables, inventories and long-term assets.

ACC 351 is a pragmatic study of accounting information systems. The course covers accounting systems concepts, systems documentation, transaction processing systems, database systems, e-accounting systems, accounting software systems, enterprise systems, systems acquisition/development, systems security/control and emerging issues related to accounting systems and their supporting information technologies.

ACC 352 covers the U.S. federal taxation system, concentrating on issues of individual taxation. There is significant emphasis on research tools and technology in the taxation field. Formal and informal written assignments enhance student understanding of the impact of taxation to decision making. Skills learned include how to undertake research and communicate the results in a cogent understandable manner. Students complete a volunteer tax clinic during the spring term, requiring some evening or weekend commitment. Successful completion of the volunteer project partially fulfills the ACC 099 service requirement.