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PROGRAMS OF STUDY & COURSE DESCRIPTIONS
Accounting (ACC)

CPA PROGRAM

Bachelor of Science/Master of Science

Major: Sy Syms School
The graduate accounting major consists of 10 courses totaling 30 credits: ACC 6140, 6367, 6625, 6805; MAN 7721, 7722; TAX 6124, 6125; and two courses selected from the following: ACC 5506, 6135, 6275, 6806; BLW 6614; TAX 6130, and ACC 6970.

The undergraduate accounting major consists of 11 courses from the business core and 9 additional courses, totaling 62 credits: ACC 1001, 1002; ECO 1011, 1021, 1221; FIN 1001; INF 1020 or 1030; MAN 1020; MAR 1001; STB 1131, 1456 or 1601; and ACC 1101, 1102, 2403, 3201, 3601; TAX 2501 or 6124, 2502 or 6125; BLW 2111, 2112; and ACC 4970.

Minor: Sy Syms School
Five courses chosen from ACC 1101, 1102, 2403, 3201, 3601, 3871; TAX 2501, 2502.

1001 Accounting Principles I. 3 credits.
Introduction to financial accounting: the accounting cycle, statement preparation, accounting for cash and temporary investments, receivables, inventories, and long-lived assets.

1002 Accounting Principles II. 3 credits.
Accounting for current and long-term liabilities, stockholders’ equity, intercorporate investments, statement analysis, statement of cash flows.
Prerequisite: ACC 1001.

1101 Intermediate Accounting I. 3 credits.
Intensive study of the application of generally accepted accounting principles to selected assets: marketable securities, receivables, inventories, long-lived assets, and intangibles.
Prerequisite: ACC 1002.

1102 Intermediate Accounting II. 3 credits.
Continuation of the study of balance sheet items: long-term liabilities including leases, pensions, and stockholders’ equity; income tax allocation and principles of income determination.
Prerequisite: ACC 1101.

2403 Management Accounting. 3 credits.
Techniques used in decision making for management and financial reporting, product and service costing systems, overhead allocation, standard costs for control and analysis, cost-volume-profit analysis, short-term decision making, and performance evaluation.
Prerequisite: ACC 1002.

3201 Advanced Accounting. 3 credits.
Accounting for business combinations, foreign operations, segment reporting, and partnerships.
Prerequisites: ACC 1102, ACC 2403.

3601 Principles of Auditing. 4 credits.
Auditing procedures, the nature of evidence in the audit, evaluation of internal control systems, audit sampling, auditing computerized systems, code of professional conduct.
Prerequisites: ACC 1102, ACC 2403.

3851 Financial Statement Analysis. 3 credits.
    (Same as FIN 3851).
Designed primarily for non–accounting majors. Methods of communicating information about financing and operating activities of corporations, and techniques for analyzing and evaluating that information.
Prerequisites: ACC 1002, FIN 1001.

3871 Forensic Accounting; Fraud Examination. 3 credits.
    (Same as MAN 3871).
Covers all major methods employees use to commit fraud, why fraud is committed, how to deter it, and how allegations of fraud should be investigated and resolved.
Prerequisites: ACC 1001, FIN 1001.
Prerequisite or corequisite: ACC 1002.

4970 Senior Research Paper. No credit.
An individualized approach to assisting each student in selecting a topic, designing, and completing the senior research paper required for graduation. Students work one-on-one with faculty members in their respective disciplines.
Prerequisite: senior status.

5506 Forensic Accounting. 3 credits.
Fraud detection for auditors and business managers. Begins with an understanding of the sociology of white-collar crime and explores investigation techniques in depth. Analysis of fraud-related standards as promulgated by the American Institute of Certified Public Accountants (AICPA), Institute of Internal Auditors (IIA), General Accounting Office (GAO), and the Association of Certified Fraud Examiners (ACFE).
Prerequisites: ACC 3201, ACC 3601.

6135 Advanced Issues in Financial Accounting. 3 credits.
Covers SEC accounting and reporting. Topics include the international framework of securities regulation, raising capital; registration and reporting, accounting and reporting, and liability under securities law; regulation of insiders, small business initiatives, and foreign issues and international offerings.
Prerequisites: ACC 3201, ACC 3601.

6140 Accounting for Government and Nonprofit Organizations. 3 credits.
Introduction to fund accounting (government and nonprofit accounting), budgetary accounting, general and special pre-revenue funds, revenue accounting-government funds, expenditure accounting-government funds, capital budget funds, debt service funds, trust and producing funds, internal service funds, accounting for colleges, universities, and health care organizations.
Prerequisites: ACC 3201, ACC 3601.

6275 International Accounting. 3 Credits.
A study of the problems encountered by multinational corporations operating in an international environment. The harmonization of accounting standards is discussed and illustrated through the analysis of differences and unique accounting, auditing, and tax practices in specific countries.
Prerequisites: ACC 3201, ACC 3601.

6367 Advanced Issues in Managerial Accounting. 3 credits.
Examination of advanced and emerging issues in managerial accounting. Topics covered include inventory management, capital budgeting, transfer pricing, and activity-based costing.
Prerequisites: ACC 2403, ACC 3201, ACC 3601.

6625 Impact of Technology on Accounting. 3 credits.
Examines the ways in which computers and emerging technologies affect business. Hands-on exposure to computer-based accounting systems as they impact on accounting and auditing. Student presentation required.
Prerequisites: ACC 3201, ACC 3601.

6805 Ethics in Accounting and Business. 3 credits.
Professional responsibility of the auditor, and other systematic approaches to defining and dealing with business ethics. Examination of the concept of corporate social responsibility from a number of different theoretical perspectives. Students present specific issues orally and in writing.
Prerequisites: ACC 3201, ACC 3601.

6806 Financial Statement Analysis. 3 credits.
In-depth interpretation of financial statements for decision makers. Traditional methods of analysis, as well as the impact of accounting conventions, are explored.
Prerequisites: ACC 3201, ACC 3601.

6970 Master’s Thesis. No credit.
Requires the student to do original work, exploring in depth a specific area of interest under the supervision of a faculty member. This work would include the review of pertinent literature and, where appropriate, empirical analysis. The goal is for the student to arrive at a conclusion that adds value to the accounting body of knowledge. He or she is responsible for writing a paper/thesis in journal-acceptable form.
Prerequisite: last semester of graduate studies.