Kramer, J., Director; DeSantiago, D., Associate Director; Abdel-khalik, R.; Ajinkya, B.; Asare, S.; Boyles, J.; Demski, J.; Garvin, D.; Hackenbrack, K.; Knechel, R.; Kramer, S.; McDonald, C.; McGill, G.; Prietula, M.; Schaefer, H.; Simmons, J; Snowball, D.

Conceptual introduction to financial accounting. Emphasis is placed on wealth and income measurement, and the preparation and interpretation of conventional financial statements.

Accounting for cost reporting and control. Reports, statements and analytical tools used by management. Not required for accounting majors.

The purpose of this course is to introduce students to the processes by which information is generated, manipulated and used in a business enterprise.

Among the fundamentals to be covered include: characteristics of useful information, nature of information processes, concepts of control, forms and purposes of reporting and the nature of decisions problems for which information is used.

Continuation of ACG 3481C. Topics include: income measurement and revenue recognition, and accounting for non-current assets, liabilities, stockholders’ equity and cash flows.

Analyzes the process of accumulating financial information and the elements, underlying assumptions and limitations of financial statements. Assesses the forces shaping financial reporting, especially the FASB and the SEC. Not available to accounting majors.

Continuation of ACG 3481C. Major topics are costing procedures, costs for decision-making and performance measurement.

Covers auditing standards and procedures with an emphasis upon ethics, legal liability, internal control, audit evidence, testing and an introduction to statistical sampling and EDP auditing.

Course provides an opportunity for in-depth study of topics not offered in other courses and of topics of special current significance.

Applied work in professional accounting. Requires several papers and reports. Advance approval is required.

Emphasizes the tax treatment of economic transactions in day to day business operations and family living situations. Topics include the basic statutory provisions relevant to determining taxable gross income, allowable deductions, the tax computation, the recognition or nonrecognition of gains or losses on dispositions of property and the characterization of gains and losses.

Courses in the 5000 level are available to undergraduate students who meet the admissions requirements for the Master of Accounting program and have adviser approval. Prerequisites and graduate courses are listed in the Graduate Catalog.