Accounting Major

Accounting Minor

Accounting Course Descriptions

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ACCOUNTING COURSE DESCRIPTIONS

  211 - Financial Accounting Principles (3 S.H.)

The study of topics in financial accounting including the accounting cycle, forms of business organizations, assets, liabilities, owner’s equity, and financial statement preparation and analysis. Examples are drawn from service, merchandising and manufacturing organizations. Prerequisite: WSU math proficiency.

  212 - Managerial Accounting Principles (3 S.H.)

The study of managerial accounting principles including cost behavior, job order costing, process costing, cost-volume-profit relationships, contribution costing, standard costs, relevant costs and budgets. Additional topics may include the Statement of Cash Flows and financial statement analysis. Prerequisite: ACCT 211.

  220 - Accounting Computer Applications (3 S.H).

"Hands-on" experience with Excel, Power Point, and "real world" accounting applications software, including significant work with a general ledger package. Prerequisite: ACCT 211.

  311 - Intermediate Accounting I (3 S.H.)

Major emphasis on financial accounting. Review of basic financial statements. Development of accounting principles and procedures related to assets (cash, receivables, investments, inventories, plant and equipment, intangibles, and the time value of money). Prerequisites: ACCT 212, ACCT 220, OR ACCT 212 and concurrent enrollment in ACCT 220. Not open to students in their first year of college study.

  312 - Intermediate Accounting II (3 S.H.)

Development of accounting principles and procedures related to liabilities, owner’s equity, revenue recognition and special topic areas such as pensions and leases. Prerequisite: ACCT 311.

  330 - Accounting Information Systems (3 S.H.)

A study of the principles underlying the design and installation of accounting systems and survey of methods of processing data, with an emphasis on internal control. Prerequisite: ACCT 311 or ACCT 212 and MIS 362.

  340 - Governmental and Other Not-For-Profit Accounting (3 S.H.)

This course is designed to analyze the funds and account groups used by state and local units of government. Also covered are accounting methods and procedures used by hospitals, colleges and universities, voluntary health and welfare organizations, and other not-for-profit organizations. Prerequisite: ACCT 311.

  361 - Intermediate Managerial/Cost Accounting (3 S.H.)

Cost accounting fundamentals including long-term planning, control, cost allocation, quantitative analysis and behavioral considerations in systems design. Prerequisite: ACCT 212 and ECON 201.

  380 - Topics and Issues in Accounting I (1-4 S.H.)

An analysis of current topics, trends, issues and software relevant to the milieu of accounting. The subject matter can vary by semester and is typically announced in advance by the instructor. This course may be repeated as topics change. Prerequisite: instructor’s permission. Not offered every year.

  398 - Internship (1-7 S.H.)

Credits are not counted in the accounting major, but as general elective credits. Prerequisite: concurrent enrollment in ACCT 399. P/NC only.

  399 - Internship Problem (1-3 S.H.)

Prerequisite: minimum 2.50 GPA and instructor’s permission. The student should have substantially completed the College of Business core courses, Intermediate Accounting 1 and other specific accounting courses depending on the type of internship. See the Department Internship Coordinator for specific requirements. Grade only. Credits may only be counted as general elective credits.

  413 - Advanced Financial Accounting (3 S.H.)

This course includes the study of business combinations resulting from acquisitions of assets of stock, foreign currency transactions, and partnership accounting. Prerequisite: ACCT 312.

  414 - Advanced Financial Accounting Topics (3 S.H.)

A study of selected financial accounting topics including SEC regulations, bankruptcy, trusts and estates, reporting for segments and interim financial periods, and branch accounting. Prerequisite: ACCT 312. Not offered every year.

  416 - Accounting Theory (3 S.H.)

A study of the foundations, statements, analyses and evolution of the various accounting theories including those by the FASB, AICPA, AAA, IMA and other organizations. A review of the research studies and literature relating to accounting theory and principles during the past 100 years. Prerequisite: ACCT 312. Not offered every year.

  421 - Introduction to Taxation (3 S.H.)

A study of the history of taxation, the formation and application of federal tax law, and the basic methods and procedures of tax research. The course emphasizes the individual income tax, but also introduces the student to the taxes applicable to other entities. Tax preparation using the computer is also a significant component of the course. Prerequisite: ACCT 212 and ECON 202. Grade only.

  422 - Advanced Taxation (3 S.H.)

A study of the federal tax law applicable to C corporations, S corporations, partnerships, estates and trusts. In addition to income tax law, the course also addresses the major issues relating to the transfer of property through gifts and the estate. Methods and procedures of tax research also are stressed in the course. Prerequisite: ACCT 421. Grade only. Offered yearly.

  423 - Tax Planning (3 S.H.)

This survey course provides an overview of the tax laws and their interrelationships in a way that has proven interesting, enlightening and profitable to taxpayers, managers, tax planners and defenders. Prerequisite: ACCT 421 or instructor’s permission. Not offered every year.

  424 - International Taxation (3 S.H.)

This course focuses on the complex tax issues involved in transnational transactions. It addresses major tax treaties, jurisdictional issues, problems of tracing income flow, and fluctuations in currency valuations and other pertinent subject matter. Prerequisite: ECON 202. Not offered every year.

  462 - Advanced Managerial/Cost Accounting (3 S.H.)

An in-depth study of advanced topics in cost planning and control. A review of cost and managerial accounting literature and research. Prerequisite: ACCT 361. Offered yearly.

  471 - Auditing I (3 S.H.)

Auditing I covers the basic processes and procedures of financial statement auditing, including practical application. Auditing standards, ethics, and legal liability are covered. Prerequisites: ACCT 312, BUSA 220, and ACCT 330 (past or concurrent enrollment).

  472 - Auditing II (3 S.H.)

This course explores other types of auditing while delving more deeply into issues facing the profession. Numerous auditing cases are analyzed, with a focus on oral and written communication skills.Prerequisite: ACCT 471. Not offered every year.

  490 - Independent Studies in Accounting (1-3 S.H.)

Offers the advanced student an opportunity to do additional reading and/or research in areas of special interest. Prerequisite: instructor’s permission. Total credits may not exceed 6.

Last Modified: Monday, November 19, 2007 10:20 by Heather Alt