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Accounting Course Descriptions

ACCT 101 Accounting Principles I (3)
A study of fundamental accounting principles, accumulation of financial data, preparation of financial statements and the use and interpretation of financial statements.

ACCT 102 Accounting Principles II (3)
This course continues the review of financial accounting principles. Fundamentals of managerial accounting are addressed in the second part of the semester.
Prerequisite: ACCT 101

ACCT 201 and 202 Intermediate Accounting I, II (3, 3)
The study of generally accepted accounting principles with emphasis on the theoretical aspects of modern public accounting.
Prerequisite: ACCT 101 and 102.

ACCT 301 Cost Accounting (3)
The essentials of cost accounting for the accounting professional. A study of cost behavior, standard costs for product costing and control, job order and process costing, activity based costing, variance analysis, cost-volume-profit analysis and the master budget.
Prerequisite: ACCT 201.

ACCT 303 Advanced Accounting (3)
A study of governmental and non-profit accounting procedures used in the preparation of governmental and non-profit financial statements as well as a study of partnership and business combination accounting procedures used in the preparation of partnership and consolidated financial statements. The role of the Securities and Exchange Commission in today’s modern public accounting is also examined. Prerequisites: ACCT 201-202.

ACCT 311 Forensic Accounting and Fraud Investigation (3)*
This course provides an introduction to the practice and various disciplines of forensic accounting, and explores investigating fraudulent financial reporting, misappropriation of assets, tax reporting fraud and indirect methods of reconstructuring income, money laundering, and cybercrime frauds. The course examines and utilizes various techniques and computer based tools used by forensic accountants to detect and investigate various frauds. Students will study actual case studies and apply the principles learned in this course to the fraud schemes perpetrated.
Prerequisites: ACCT 101-102
*Please Note: this course is being renamed and will soon be titled "Forensic Accounting and Fraud Examination"

ACCT 312 Forensic Accounting and Litigation Advisory Services (3)
This course explores the other disciplines of forensic accounting including litigation services and expert testimony provided by forensic accountants, commercial damages and how forensic accountants compute economic losses and damages, and business valuations. The course also explores proper evidence management, investigating electronic evidence, digital forensic analyses, and cybercrime management and loss valuations. Students will study actual case studies and apply the principles learned related with these forensic disciplines.
Prerequisites: ACCT 101-102

ACCT 398 Independent Study (1-3)
Permission of the instructor, the department chair, dean of the school/college and the associate provost is required.

ACCT 399 Special Topics in Accounting (3)
Study of special topics in Accounting.
Prerequisite : ACCT 201

ACCT 401 Federal Income Tax (3)
A study of federal income tax laws with particular emphasis on their application to individuals. Tax research, planning and ethics will be integrated into and emphasized throughout the course.
Prerequisite: ACCT 201.

ACCT 405 Auditing (3)
An introductory course in auditing. Includes the study of auditing concepts and methods including reporting requirements, professional ethics and legal liability issues, audit objectives and evidence, planning and documentation, and the analysis and study of materiality and risks, as well as internal control systems.
Prerequisites: ACCT 201-202.

ACCT 411 Introduction to Forensic Data Analytics and Electronic Evidence (3)
This course examines the use of the computer and technology by both the perpetrators of fraud and other crimes along with other forensic accountants use the computer and technology as a means to detect and prosecute fraud abuse. Students will learn and utilize modern forensic tools, techniques and computer based applications used by forensic accountants in fraud investigations and other forensic work. Students will work with case studies and related data sets using certain forensic applications to uncover potential fraudulent transactions and information to aid in forensic investigations. A general working knowledge of Microsoft Excel and computers is required.
Prerequisites: ACCT 311-312

ACCT 412 Communication Skills for Forensic Accounting (3)
This course will focus on building verbal and written skills applicable to Forensic Accountants and used in forensic accounting engagements. Topics will include proper interviewing techniques, report writing, providing expert witness services at deposition and trial, supervising a team of forensic accountants, and communications and interactions of the forensic accountant with the legal and law enforcement community. Students will perform mock interviews, deposition and trial testimony, and submit a written forensic report based on a contemporary case study.
Prerequisite: ACCT 311-312

ACCT 415 Special Topics in Forensic Accounting (3)
This course integrates the skills, knowledge, principles and theories learned in the forensic program and applies them to more advanced topic areas such as, interviewing and interrogation skills, forensic and fraud investigative techniques, white-collar criminal behavior, litigation support and commercial damages, and business valuations. Students will select a case study, write and present a comprehensive analytical paper. The study of forensic accounting provides an excellent opportunity to develop capstone experiences and integrate skills developed in all of the fraud and forensic accounting specialty areas.
Prerequisite: all four forensic accounting courses and permission of program director.

ACCT 424 Auditing II (3)
A study of auditing concepts and methods, emphasizing those issues most frequently
encountered by the firm and external auditors.
Prerequisite: ACCT 405

ACCT 426 Accounting Theory and Practice (3)
This course is an elective for accounting majors. It is specifically designed for those students who intend to take the CPA exam. The course is delivered online (on a pass/fail basis) and covers all subject matter addressed on the CPA exam.

ACCT 480 Internship (1-12)
Opportunities for students to engage in practical application of accounting theory. Permission of the department chair.

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