400

ACC 400 Internship

Is a work-experience opportunity with the purpose of expanding education by applying accumulated knowledge in accounting. The availability of internships is limited to upper-level students, normally juniors and seniors with a 3.0 quality point average. Students are approved individually by the academic department. A contract can be obtained from the Career Services Office. Internships count as general electives.

1-6

Prerequisites

Accounting senior standing and permission of the chair. Internships must be preapproved.

ACC 403 Advanced Accounting I

Emphasizes consolidation of parent and subsidiary financial statements. Detailed topics include inter-company transactions such as the sale of inventory, operating assets, bonds/notes payable, and leases. Additional topics include changes in the controlling interests and indirect and mutual holdings. Special emphasis is placed on the working paper techniques involved.

3

Prerequisites

ACC 304-ACC 305

ACC 404 Advanced Accounting II

Includes the study of various special topics such as partnership accounting, foreign exchange and the multi-national enterprise, insolvency, estate and trust accounting, and other current accounting topics.

3

Prerequisites

ACC 403

ACC 407 Federal Income Tax I

Provides an understanding of the basic philosophy of taxation, including its uses as a political and economic tool. The course focuses primarily on individual taxation including the determination of gross, adjusted, and taxable income; and deductions, credits, and the calculation of various individual taxes.

3

Prerequisites

ACC 204-ACC 205

ACC 408 Federal Income Tax II

Provides an understanding of special topics in individual taxation, as well as the taxation of corporations, partnerships, S-Corporations, estates, and trusts. The course also introduces tax research methodology using both printed and electronic media.

3

Prerequisites

ACC 407

ACC 409 Managerial Accounting

Is a study of techniques involved in the gathering, recording, and interpretation of accounting and statistical data used in the solution of internal management problems. The use of cost data and the interpretation of cost reports, measurement of managerial control, establishment of operating and financial standards, and construction, analysis, and interpretations of reports are analyzed.

3

Prerequisites

ACC 204- ACC 205

Cross Listed Courses

BUS 409

ACC 434 Thesis

Requires the accounting major to develop and produce a paper on a topic within the student's area of interest. This is required of all seniors majoring in accounting and written under the guidance of the accounting faculty.

1