Accounting & Information Systems Courses

Accounting & Information Systems | Courses | Faculty

(All courses carry 3 credits unless otherwise noted.)

221 Introduction to Accounting I

Preparation and uses of financial statements of business enterprises; the accounting process of recording, classifying, and interpreting business transactions. Conceptual problems analyzed include accounting for inventories, depreciation, and capital stock.

222 Introduction to Accounting II

Continuation of ACCTG 221. Managerial accounting focusing on accounting information used by managers to help planning and control activities in business enterprises. Topics include methods for determining the costs of products and services, for assessing product and project profitability, and for budgeting and monitoring costs and profits. Prerequisite: ACCTG 221; consent of instructor for non-Isenberg School of Management majors.

311 Business Applications of Computers

Examines information systems from the perspective of the documents, processes, and controls that are needed to satisfy information requirements for financial statements, as well as the needs of decision makers within the firm. Manual systems introduced and transferred to various computer-based options. Prerequisite: SOM 210.

312 Business Information Systems

The systems analyst function: that interface between the users of the information system and the computer personnel. Systems theory and data base concepts; emphasis on the systems design, systems evaluation, anti-justification. Prerequisite: SOM 210.

321 Financial Reporting I

Continuation of ACCTG 221. Conceptual framework for accounting for a firm's reported assets. The nature of assets, their recognition, measurement, and disclosure. Motivations of management in choosing among acceptable accounting alternatives in each of these areas examined, along with the economic consequences of such choices. Prerequisite: ACCTG 221.

322 Financial Reporting II

Continuation of ACCTG 321. Conceptual framework for accounting for a firm's reported liabilities. The nature of liabilities, their recognition, measurement, and disclosure. Motivation of management in choosing among acceptable accounting alternatives in each of these areas, and the economic choices of such consequences. Prerequisite: ACCTG 321. (Those who did not receive at least C should seriously consider taking that course over, prior to enrollment in ACCTG 322.)

331 Cost Accounting

Focus on the use of cost accounting information to help planning and control activities in a business enterprise. Topics include methods for determining the costs of products and services (includes job order, process, standard and activity based cost systems), for assessing product and project profitability, and for budgeting and monitoring costs and profits. Emphasis on usefulness and limitations of cost accounting information. Prerequisite: ACCTG 222.

361 Fund Accounting

Proper accounting methods used by government units (cities and towns), fund accounting, systems employed by schools, hospitals, and utilities which operate on the fund principle. Prerequisite: ACCTG 322 or consent of instructor.

371 Federal Taxes

Federal income tax law; emphasis on individual returns. Topics include determination of income, exemptions, deductions, and credits. Problems and tax cases involving the use of tax forms. Prerequisite: ACCTG 221 or consent of instructor.

Upper division Isenberg School of Management courses:

514 Computer Auditing and Control

Those auditing techniques applicable to computer-based information systems. Techniques emphasized: integrated test facilities, snapshots, and generalized audit programs. Prerequisite: ACCTG 311 or 312 or equivalent.

523 Financial Reporting III

The third course in the financial accounting sequence. Conceptual framework for accounting for the combination of firms into a single economic entity. Topics include: business combination, consolidation problems, and accounting for international operations by examining transactions. Also, examines fund and not-for-profit accounting. Prerequisite: ACCTG 322.

541 Auditing

First third of course: conceptual in nature. Topics include nature of attest function, ethical and legal relationships of audits, and types of audit reports. Second part: technical aspects of auditing including study and evaluation of internal control. Last part: statistical sampling and auditing in a computer environment. Prerequisite: ACCTG 322.

572 Advanced Federal Taxation

Continuation of ACCTG 371. Concentration on the federal income taxation of corporations, partnerships, estates, and trusts. Also briefly treats federal estate and gift taxes. Prerequisite: ACCTG 371.

582 International Accounting

Examines issues associated with the globalization of business. Topics include international business and multinational strategy, major influences in developing accounting standards, comparative accounting practices, harmonization of international accounting standards, consolidated financial statements involving foreign subsidiaries, financial statement analysis involving foreign companies, and management, auditing and tax issues in a global environment. Prerequisite: ACCTG 322.

583 Law for Accountants

A broad survey of legal problems encountered in business transactions; emphasis on implications to accountants and auditors. Prerequisite: MGT 260 or consent of instructor.

Accounting & Information Systems | Courses | Faculty