ACC - Accounting

ACC 060 CPA Review in Financial Accounting Reporting (FAR)

Course Description: Non-credit course for Accounting Majors only. Topics align with the Financial Accounting Reporting Topics on the CPA Exam, and include: cash, marketable securities, accounts receivables, inventory, property plant and equipment, intangibles, bonds, liabilities, leases, postemployment benefits, owners’ equity, results of operations, accounting for income taxes, statement of cash flows, foreign operations, consolidated financial statements, governmental accounting and non-profit accounting.

Course Rotation: NY: Fall and Spring.

0 credits

Prerequisites

ACC 333 Min Grade C

ACC 060A CPA Review - Financial Accounting Reporting (FAR)

Course Description: Non-credit course for Accounting majors only. Topics align with the Financial Accounting Reporting topics on the CPA Exam, and include: Cash, marketable securities, accounts receivables, inventory, property plant and equipment, intangibles, bonds, liabilities, leases, postemployment benefits, owners’ equity, results of operations, accounting for income taxes, statement of cash flows, foreign operations, consolidated financial statements, governmental accounting and not-for-profit accounting. Note: This course is not open to students who have completed ACC 060.

0 credits

Prerequisites

ACC 302 Minimum Grade of D or ACC 618 Minimum Grade of B

ACC 060B CPA Review - Auditing and Attestation

Course Description: Non-credit course for Accounting majors only. Topics align with the Auditing topics on the CPA Exam and include: Auditing standards, planning, internal control, evidence and procedures, audit programs, audit sampling, IT systems, reports on audited financial statements, reports on compilations and review, reports under attestation standards and other professional services.

0 credits

Prerequisites

ACC 461 Minimum Grade of C or ACC 632 Minimum Grade of B

ACC 203 Financial Accounting

Prerequisite: Sophomore standing or two years of relevant work experience or permission of Accounting Department or Undergraduate Program Chair.

Course Description: This course gives students a broad view of accounting's role in satisfying society's needs for information and its function in business, government, and the non-profit sector. Students gain an understanding of the multifaceted nature of the accounting profession including its history, ethics, public responsibilities, and international dimensions. Students learn from a user-oriented perspective about the accounting cycle, the nature of financial statements and the process for preparing them, and the use of accounting information as a basis for decision making.

Course Rotation: Fall, Spring and Summer.

4 credits

ACC 204 Managerial Accounting

Course Description: A study of the fundamental managerial accounting concepts and techniques that aid in management decision-making, performance evaluation, planning and controlling operations. The emphasis is on the use of accounting data as a management tool rather than on the techniques of data accumulation. The course deals with such topics as cost behavior patterns, budgeting and cost-volume-profit relationships. Quantitative methods applicable to managerial accounting are studied.

4 credits

Prerequisites

ACC 103 Minimum Grade of D or ACC 203 Minimum Grade of D

ACC 238 Internal Accounting

Course Rotation: TBA.

3 credits

Prerequisites

ACC 236 Minimum Grade of D

ACC 301 Intermediate Accounting I

Prerequisite: ACC 204 and junior standing.

Course Description: ACC 301-302 provide comprehensive coverage of financial accounting topics. Students gain an understanding of how the rules governing the preparation of financial statements are applied. They are exposed to the underlying philosophy and concepts of the accounting model, as well as the capital market effects of accounting pronouncements.

Course Rotation: NYC: Fall, Spring, and Summer. PLV: Fall.

4 credits

Prerequisites

ACC 104 Minimum Grade of D or ACC 204 Minimum Grade of D

ACC 302 Intermediate Accounting II

Prerequisite: ACC 301 and junior standing.

Course Description: ACC 302 is a continuation of ACC 301. It provides comprehensive coverage of financial accounting topics. Students gain an understanding of how the rules governing the preparation of financial statements are applied. They are exposed to the underlying philosophy and concepts of the accounting model, as well as the capital market effects of accounting pronouncements.

Course Rotation: NYC: Fall, Spring, and Summer, PLV: Fall and Spring.

4 credits

Prerequisites

ACC 206 Minimum Grade of D or ACC 301 Minimum Grade of D

ACC 305 Internal Auditing I

Prerequisite: Open to junior standing students.

Course Description: This course will teach students the fundamental role of internal auditing in a free-market environment and importance of that role to corporate governance. Students will learn about the emerging role of internal auditing in today's business environment; the Professional Standards for the Practice of Internal Auditing: ethics theory; the risk assessment process; audit evidence; communications; strategic management; the global business environment; organizational behavior; management skills; negotiations skills; the internal audit process; and documentation methods.

Course Rotation: NY and PL: Fall.

3 credits

Prerequisites

Pre-requisite for ACC 305 ( Course : ACC 203 . Minimum Grade of D. ) or (Course : ACC 103 . Minimum Grade of D. ) and (Course : ACC 204 . Minimum Grade of D. ) or (Course : ACC 104 . Minimum Grade of D. )

ACC 306 Internal Auditing II

Prerequisite: Open to junior standing students.

Course Description: This course builds on the fundamental concepts and skills developed in Internal Auditing I. Students will learn about: the planning and conducting of audit engagements; audit reporting and follow-up; statistics; accounting; the regulatory, legal and economic environments; concepts surrounding the auditing of information systems; privacy and security issues; and fraud auditing.

Course Rotation: NY and PL: Spring.

3 credits

Prerequisites

ACC 305 Minimum Grade of D

ACC 319 Cost Accounting

Prerequisite: ACC 204 and junior standing.

Course Description: The fundamental cost accumulation techniques for manufacturing and non-manufacturing companies are studied. Emphasis is on job and project costing, direct, standard, by-product and joint product and process costing. Quantitative methods applicable to cost accounting are studied. Trains students to develop accounting systems that will enhance performance measurements and decision making within the firm.

Course Rotation: NYC: Fall, Spring, and Summer. PLV: Fall and Spring.

4 credits

Prerequisites

ACC 204 Minimum Grade of D

ACC 333 Advanced Accounting

Prerequisite: ACC 302 and junior standing.

Course Description: This course provides coverage of accounting for entities with specialized reporting requirements related to business combinations, governmental and nonprofit organizations. It also provides coverage of international activities including foreign currency transactions, hedging, translation of financial statements and international generally accepted accounting principles.

Course Rotation: Fall, Spring, and Summer.

4 credits

Prerequisites

ACC 302 Minimum Grade of D

ACC 340 Internal and External Auditing

3 credits

ACC 347 Periodic Financial Reporting

Prerequisite: Not open to students who have completed ACC 463.

Course Description: A comprehensive study of current standards controlling financial reporting to the public, lenders and directors, and filing requirements under SEC and stock exchange practice.

Course Rotation: TBA.

3 credits

Prerequisites

ACC 302 Minimum Grade of D

ACC 354 International Accounting

Course Description: A study of international accounting including international generally accepted accounting and reporting practices with specific reference to accounting and reporting requirements in selected industrialized foreign countries and current developments in international accounting standards with implications for multinational organizations.

Course Rotation: NYC: Fall and Spring. PLV: Spring.

3 credits

Prerequisites

Pre-requisite for ACC 354 ( Course : ACC 301 . Minimum Grade of D. ) or (Course : ACC 106 . Minimum Grade of D. ) or (Course : ACC 206 . Minimum Grade of D. ) and (Course : ACC 302 . Minimum Grade of D. ) or (Course : ACC 207 . Minimum Grade of D. )

ACC 366 Forensic Accounting

Prerequisite: ACC 301 and junior standing.
Pre or Co-requisite: ACC 302 and ACC 375.

Course Description: This course explores the forensic accountant’s role in today’s economy. Topics cover include fraud detection and fraud investigation techniques, valuation of closely held businesses and professional practices, lost profits analyses, and various types of litigation support services. Fundamental legal concepts governing expert witness testimony are also examined, and students are required to quantify economic damages in real life cases and testify as expert witnesses in a mock courtroom trial.

Course Rotation: Spring.

3 credits

Prerequisites

Pre-requisite for ACC 366 ( Course : ACC 301 . Minimum Grade of D. ) and (Course : ACC 302 . Minimum Grade of D. ) and (Course : ACC 375 . Minimum Grade of D. )

Corequisites

ACC 302, ACC 375

ACC 375 Accounting Information Systems

Prerequisite:ACC 301, CIS 101 and junior standing.

Course Description: This course provides a conceptual framework and body of knowledge within which to study the role of contemporary information systems in organizations. Students learn how information systems operate including the basic procedures and controls used in processing business transactions, accounting applications, and generating various documents and reports. Students gain a basic understanding of a wide range of systems analysis and design techniques and the steps involved in developing comprehensive systems.

Course Rotation: Fall and Spring.

3 credits

Prerequisites

Pre-requisite for ACC 375 ( Course : ACC 301 . Minimum Grade of D. ) or (Course : ACC 206 . Minimum Grade of D. ) and (Course : CIS 101 . Minimum Grade of D. ) or (Course : CISA 101 . ) or (Course : CISA 101C . ) or (Course : CISB 101 . ) or (Course : CISC 101 . ) or (Course : CISD 101 . ) or (Course : CISE 101 . ) or (Course : CISF 101 . ) or (Course : CISM 101 . ) or (Course : CISO 101 . ) or (Course : CISR 101 . ) or (Course : CIS 101A to 101Z. Minimum Grade of D. ) or (Course : CIS 101CB . ) or (Course : CIS 101CD . )

ACC 394 Accounting Internship

Prerequisite: ACC 301, junior standing and a minimum GPA of 3.00. Permission of Accounting Department or Undergraduate Program chair is required.

Course Description: Accounting students with strong academic records may apply to undertake a carefully planned work experience, under the supervision of a faculty advisor, which will demonstrate the practical application of their classroom training. Students are required to maintain a log of their internship activities and complete a paper, which integrates work assignments with the study of accounting.

Course Rotation: TBA.

1 - 6 credits

Prerequisites

ACC 301 Minimum Grade of D

ACC 395 Independent Study in Accounting

Prerequisite: ACC 301, Junior Standing, and a minimum CQPA of 3.00.

Course Description: With the approval of the appropriate faculty member, the department chair and the academic dean, students may select a topic for guided research that is not included in the regular course offerings. The student meets regularly with the faculty member to review progress. A research project or paper must also be submitted.

Course Rotation: TBA.

1 - 9 credits

Prerequisites

ACC 301 Min Grade D

ACC 396 Special Topic: International Accounting Field Study

Course Description: This course will examine the dynamics of commercial and social entrepreneurship in Brazil, one of South America's emerging economics. Particular attention will be given to the structure of financial systems and the impact of global business on local development, including how foreign investors and multinational firms are embracing entrepreneurs to produce successful ventures and partnerships.

1 - 3 credits

Prerequisites

ACC 302 Min Grade D

ACC 461 Auditing I

Prerequisite: ACC 302 and senior standing.

Course Description: Ethics, theory, practice and diversified techniques of public auditing are integrated through class discussion and examination of professional standards. Topics include: the audit environment; current developments in the profession; the independent auditor's report and its relationship to auditing standards and accounting principles; independence and the AICPA's code of professional ethics; legal liability of auditors; audit objectives and audit planning; audit risk and materiality; internal control; and types of evidence and audit procedures.

Course Rotation: NYC: Fall, Spring, and Summer. PLV: Fall.

3 credits

Prerequisites

Pre-requisite for ACC 461 ( Course : ACC 302 . Minimum Grade of D. )

Corequisites

ACC 333

ACC 462 Auditing II

Prerequisite: ACC 461 and senior standing.

Course Description: This course is a continuation of ACC 461.

Course Rotation: NYC: Fall and Spring. PLV: Spring.

3 credits

Prerequisites

ACC 461 Minimum Grade of D

ACC 463 Accounting Theory and Problems

Prerequisite: ACC 302 and senior standing.

Course Description: This course stresses the interrelationship between accounting theory and practice and provides advanced study in the application of accounting concepts, principles and standards to the solution of complex and comprehensive accounting problems. Special emphasis is placed on current accounting issues including pronouncements of the Financial Accounting Standards Board and its precedents and topics covered in professional and academic accounting journals. Reference is made, when appropriate, to the influence of regulatory bodies such as the Securities and Exchange Commission.

Course Rotation: NYC: Spring. PLV: Fall and Spring.

3 credits

Prerequisites

Pre-requisite for ACC 463 ( Course : ACC 302 . Minimum Grade of D. )

ACC 470 Accounting Research Project

Open to Accounting majors ONLY.

Course Description: Under faculty supervision, the student selects an important issue in accounting for guided research. The student meets regularly with a faculty member to review progress. At the end of the semester, the student must submit a written research project demonstrating the elements of research methodology, and the use of statistical techniques, as appropriate to the research project.

Course Rotation: Fall, Spring, and Summer.

3 credits

Prerequisites

Pre-requisite for ACC 470/495 ( Course : ACC 333 . Minimum Grade of D. ) or (Course : ACC 233 . Minimum Grade of D. )

ACC 495 Business Honors Program Senior Thesis in Accounting

Prerequisite: ACC 333, and senior standing in the Accounting Program. Approval of Director or Associate Director of Business Honors Program required.

Course Description: The Business Honors Program (BHP) provides students with the unique opportunity to pursue advanced study of a topic in their major area under the direction of a faculty mentor. The focus of the project can be either scholarship (research) or leadership (application) oriented. It should address an important and/or current issue in the discipline while allowing the student flexibility for the manifestation of his or her unique interests and objectives. Successful completion of the senior thesis is required of all BHP students. The outcome of the project will be a written report and presentation. Abstracts of completed projects will be published in appropriate outlets.

Course Rotation: Fall and Spring.

3 credits

Prerequisites

ACC 333 Minimum Grade of D or ACC 233 Minimum Grade of D

ACC 600 Independent Study in Graduate Accounting

Course Description:Under the guidance of a faculty member, student conducts an independent study on a relevant accounting topic using appropriate research methodology.

Course Rotation: TBA.

1 - 9 credits

ACC 613 Accounting for Planning and Control

Prerequisite: MBA 640 or the equivalent

Course Description: Discusses cost accounting as a major component of management processes. Investigates planning and control functions with major emphasis on the impact of the budgeting concept on goal optimization. Studies the decision-making implications of cost and revenue in both the manufacturing and distribution processes. Covers the interaction of material, labor and overhead in both process and job order cost systems. Investigates the impact of standard cost procedures, utilizing predetermined rates and variance analysis, as well as other cost techniques on inventory valuation, income determination and performance evaluation.

Course Rotation: Fall.

4 credits

Prerequisites

Prerequisite for ACC 613 ( Course : MBA 640 . Minimum Grade of C. )

ACC 615 Financial Reporting I

Prerequisite: Listed pre-requiste or the equivalent.

Course Description: Studies the preparation of financial statements. This course provides students with a comprehensive coverage of financial reporting and the accounting rules governing the preparation of financial statements. It analyzes the environment of accounting including the need for financial reporting, the role of certified public accountants, the nature of accounting rules, and the institutions involved in the process of setting accounting standards. Emphasis is then devoted to: I) understanding and mastering the accounting standards and techniques in preparing financial statements; II) evaluating accounting information; and III) understanding the effect of selecting specific rules from the acceptable set of accounting standards.

Course Rotation: NYC: Fall, Spring; WP: Spring.

3 credits

Prerequisites

Pre-requisite for ACC 615 ( Course : MBA 640 . Minimum Grade of C. )

ACC 618 Financial Reporting II

Course Description: The second part of a two-semester curriculum covering financial reporting and the rules governing the preparation of financial statements. Analyzes the accounting and reporting of Shareholders' Equity. Analysis is extended to cover the accounting treatment of several special and important subjects such as leasing, pensions and post retirement benefits, taxes, and the statement of cash flows. Financial reporting guides of advanced and problematic topics such as derivatives and financial instruments, stock based compensation, software, and restructuring of troubled debt are also extensively discussed and analyzed.

Course Rotation: NYC: Fall, Spring; WP: Fall.

3 credits

Prerequisites

Pre-requisite for ACC 618 ( Course : ACC 615 . Minimum Grade of C. )

ACC 620 Accounting Entities

Course Description: Analyzes the accounting problems inherent in such areas as partnerships and joint ventures, consolidated statements, segment and interim statement reporting, estates and trusts, multinational companies, government, and nonprofit entities.

Course Rotation: Fall.

3 credits

Prerequisites

ACC 615 Minimum Grade of C

ACC 632 Auditing

Course Description: A course in auditing principles designed primarily for students who may enter public practice (CPA). Considers auditing standards and procedures, and the responsibilities of the independent public auditor in the expression of opinion within the framework of the code of professional ethics.

Course Rotation: Fall.

3 credits

Prerequisites

Pre-requisite for ACC 632 ( Course : ACC 615 . Minimum Grade of C. )

ACC 635 Advanced Auditing Practices

Course Description: Considers advanced auditing techniques as practiced in public auditing. Consideration is given to auditing theory relating to complex transactions, events and specialized industries. Integrates current development within the profession and the auditing environment through class discussion.

Course Rotation: NYC: Fall, Spring; WP: Spring.

2 credits

Prerequisites

Pre-requisite for ACC 635 ( Course : ACC 632 . Minimum Grade of C. )

ACC 638 Forensic Accounting and Fraud Examination

Course Description:Forensic Accounting is the application of investigative and analytical skills for the purpose of resolving financial issues in a manner that meets standards required by courts of law. The course focuses on the process of gathering data to support litigation and other legal procedures. Forensic Accountants need an understanding of accounting, criminology, law and investigative auditing techniques. This course will provide the business students with the tools to integrate these functional areas into the desired knowledge base needed as Forensic accountants. Therefore this course emphasizes the detection of fraudulent financial reporting and employee fraud.

Course Rotation: NY;WP:Fall

3 credits

Prerequisites

ACC 632 Minimum Grade of C

Corequisites

ACC 632

ACC 640 Advanced Financial Accounting Theory

Course Description: Emphasizes problem solving and the latest pronouncements of the American Institute of Certified Accountants. Topics include: partnership liquidation; corporate, fiduciary and individual tax worksheets; process and job costs, including statement display of variances; statement of affairs, realizations and funds; branch and foreign exchange accounting, installment accounting, year-of and percentage-of completion methods such as LIFO, retail, standard cost, consignments; fire loss; consolidations; and government accounting.

Course Rotation: TBA.

3 credits

Prerequisites

ACC 613 Min Grade B and ACC 618 Min Grade B and ACC 620 Min Grade B

ACC 645 Theory and Analysis of Financial Statements

Prerequisite: Listed pre-requiste or the equivalent. This course is open to Accounting majors with the permission of the Accounting department.

Course Description: Provides analytical tools needed to evaluate the present financial condition of the firm and to assess its future trend. Topics include: analysis of balance sheets, income statements, funds flow and return on investment. Integrates modern financial concepts such as efficient capital markets, principles of portfolio theory, and statistical projection of earnings with the theory of financial statements analysis.

Course Rotation: TBA.

3 credits

Prerequisites

MBA 640 Minimum Grade of C

ACC 649 Contemporary Accounting Issues

Course Description: Studies advanced accounting theory and practice with emphasis on the applications and limitations of accounting; the nature and measurement of income; problems connected with matching cost and revenue. Covers the current thinking of the American Institute of Certified Public Accountants, the American Accounting Association, the Securities and Exchange Commission and the Financial Accounting Standards Board as reflected in their official releases.

Course Rotation: Fall.

3 credits

Prerequisites

ACC 618 Minimum Grade of C

ACC 654 Controllership

Course Description: Studies the controllership function in both business and nonprofit organizations. Relates to the control structure, reporting of financial information, establishment of policy, financial planning and executive management. Emphasis is on the human relations of the controllership function.

Course Rotation: TBA.

3 credits

Prerequisites

ACC 635 Min Grade B and MBA 601 Min Grade C and MBA 602 Min Grade C

ACC 661 Accounting Systems and Control Audit

Corequisite: IS 623.
Meets first night only.
Course Description: This course encompasses audit and control issues associated with advanced accounting information systems. Discusses topics related to the accounting information systems audits. Considers management control framework, application control framework, evidence collection, and evidence evaluation.

Course Rotation: TBA.

3 credits

Corequisites

IS 623

ACC 662 Modeling of Accounting Information Systems

Prerequisite: Not open to students in the combined program.

Course Description: This course is a mix of theoretical and applied materials. It will require students to develop accounting information system(s) from scratch using an object-oriented programming language, like Java, and making use of the modeling concepts covered in the course. This course will cover design considerations for developing an accounting system and how they can be implemented using the features offered by object-oriented design. Different aspects of the Unified Modeling Language as well as certain advanced features of Java programming will be covered in order to develop software components for accounting systems.

Course Rotation: TBA.

3 credits

Prerequisites

MBA 640 Minimum Grade of C

ACC 663 Strategic Cost Systems

Prerequisite: It is advised that IS 613 should be taken prior to this course.
Course Description: Consists of four related modules. (1) Addresses the current cost management practices. (2) Discusses how information technology has strategically changed the nature of cost management. (3) Covers the selection, development, and execution of appropriate buyer-supplier relationships. (4) Overviews cost management and analysis tools.

Course Rotation: TBA.

3 credits

ACC 675 International Accounting

Course Description: The course first covers the issues uniquely confronted by companies involved in international business. Students will learn issues related to foreign currency transactions, foreign exchange risk exposures, inflation, and multinational consolidated requiring the translation of foreign currency financial statements. The course then studies the accounting and financial reporting issues in today’s global financial market. Students will gain an appreciation for the pattern of international accounting diversity and the environmental influences, such as the cultural, political, legal and business environments, on a country’s accounting system. The course will review the convergence or harmonization of accounting rules and underlying concepts of International Financial Reporting Standards (IFRS). The challenges in analyzing foreign financial reports are addressed along with the effects of different sets of national GAAP on reported profits and shareholders’ equity.

Course Rotation: TBA.

3 credits

Prerequisites

Pre-requisite for ACC 675 ( Course : ACC 618 . Minimum Grade of C. )

ACC 681 Financial Reporting and Capital Markets

Course Description: Introduces students to the role of accounting information in capital markets. It illustrates how market participants use financial reports and disclosures in making investment decisions. Achieving this goal requires comprehensive analysis of two important dimensions: (1) understanding the fundamentals of capital markets models; and (2) full understanding of the nature and the process of financial reporting.

Course Rotation: TBA.

3 credits

Prerequisites

ACC 620 Minimum Grade of B

ACC 684 Advanced Cost / Management Accounting

Course Description: Studies actual design of computer-based cost accounting and control systems for manufacturing and service organizations at the professional level. Includes a critical look at the implications of various cost management systems in today's global context, a study of the strategic cost management approach and various manufacturing and service operation modes, and actual design of computer-based cost systems.

Course Rotation: TBA.

3 credits

Prerequisites

ACC 613 Minimum Grade of B

ACC 687A Special Topics in Accounting

Course Description: Forensic accountants need an understanding of accounting, criminology, law, and investigative auditing techniques. This course will provide the business student with the tools to integrate those functional areas into the desired knowledge base needed as Forensic accountants. Therefore, this course emphasizes fraudulent financial reporting, employee fraud, litigation services provided by accountants, an introduction to investigation of electronic data and cybercrime.

Course Rotation: GC: Spring

3 credits

Prerequisites

Pre-requisite for ACC 687A ( Course : ACC 632 . Minimum Grade of C. )

ACC 692Q Research Project

Prerequisite: Advanced standing is required or Permission of Instructor Required. Course will meet on the first night only.

Course Description: Under the direction of a faculty advisor, the student will apply the elements of research methodology and appropriate statistical techniques to an independent research project in the area of accounting.

Course Rotation: Fall, Spring, Summer.

3 credits

Prerequisites

Pre-requisite for ACC 692Q ( Course : ACC 649 . Minimum Grade of C. )

Corequisites

ACC 649

ACC 824 Doctoral Concentration Seminar in Accounting

Prerequisite: ACC 635, DPS 820, FIN 647, MBA 626, and admission to the Doctoral Program.

Course Description: Provides comprehensive analysis of accounting theory, practice, and methodology. Covers contemporary issues in the different dimensions of accounting: Financial reporting, auditing, and cost accounting. Emphasizes analyzing the application of existing accounting standards and techniques and determining the adequacy of such standards in providing useful accounting information. Examines how some accounting treatments should be done in line with the conceptual framework of accounting. Studies and analyzes current problems confronting the accounting profession. Begins preparation for doctoral comprehensive examinations.

Course Rotation: TBA.

3 credits

Prerequisites

DPS 820 Min Grade C