Course Descriptions

2303. Principles of Financial Accounting (2301) 3 hours
Prerequisite: MIS 2303 or concurrent enrollment in MIS 2303
An introduction to the elementary concepts of financial accounting,
emphasizing the use of generally accepted accounting principles in
measuring, recording, and reporting accounting data in business.

2304. Principles of Managerial Accounting (2302) 3 hours
Prerequisite: ACC 2303 or its equivalent, MIS 2303 or its equivalent
An introduction to the use of accounting data by managerial decision
makers in both profit and not-for-profit organizations. Accounting and
economic concepts of cost behavior are studied along with cost-volumeprofit analysis, budgetary controls, responsibility accounting, standard costing, capital budgeting and both long- and short-term decision-making.

3311. Intermediate Accounting I 3 hours
Prerequisite: ACC 2304
An in-depth study of the process underlying the preparation and
presentation of an entity’s financial information for external users. Coverage
typically includes the accounting cycle, with emphasis on preparation and
analysis of financial statements and a detailed study of balance sheet
accounts including inventory and long-lived assets.

3312. Intermediate Accounting II 3 hours
Prerequisite: ACC 3311
An in-depth study of the process underlying the preparation and
presentation of an entity’s financial information for external users. Topics
typically include recognition, measurement and disclosure issues related to
equity investments, liabilities, pensions, leases, income taxes, revenue,
stockholders’ equity, and cash flows.

3325. Accounting and Financial Information Systems (4325) 3 hours
(MIS 3325)
Prerequisite: MIS 3305 or consent of instructor
A study of the processes, internal controls, and procedures by which an
organization's financial information is developed. Emphasis is on capturing,
analyzing, storing, processing, and reporting of accounting information as it
relates to the information needs of the organization.

3340. Cost Accounting I (4405) 3 hours
Prerequisites: ACC 2304 or its equivalent
Primary focus is on accounting in manufacturing operations; cost
concepts, classifications, and accounting for materials, labor, and
overhead are covered; process costing, budgeting, standards costs, direct
costing, and differential cost analysis are also included as topics.

4301. Federal Income Taxation I 3 hours
Prerequisite: ACC 2304 or its equivalent
A study of federal income tax laws with particular emphasis on tax
compliance, research, and planning for individuals.

4302. Federal Income Taxation II 3 hours
Prerequisite: ACC 4301 or consent of instructor
A study of federal income tax laws with particular emphasis on the
interpretation and application of the laws relating to partnerships and
corporations.

4306. Cost Accounting II 3 hours
Prerequisite: ACC 3340
A continuation of ACC 3340 with emphasis on budgeting, controlling of
costs and profits, and profit analysis.

4307. Accounting Theory 3 hours
Prerequisite: ACC 3311 and 3312
A study of the elements of accounting theory as they have developed in the
United States, including the influence of accounting on society. This course
focuses on concepts, income measurement, asset valuation, and valuation
and measurement of equities. Contemporary accounting issues are also
analyzed.

4310. Ethics and Professionalism in Accounting 3 hours
This course examines various theories of ethical reasoning that
accountants could use to resolve ethical dilemmas. Both ethical principles
and rules are considered. In addition, the concepts of integrity,
objectivity, independence, and other core values as experienced in the
accounting profession will be studied. The course incorporates the
essentials of professional responsibilities, including a history of the
regulatory environment and its impact on accountants and the public
interest. This course is intended to satisfy conditions of the Texas State
Board of Public Accountancy that require candidates for the CPA Exam to
have completed an approved ethics course.

4311. Advanced Accounting 3 hours
Prerequisite: ACC 3312
A course designed to introduce consolidated financial statements and
international accounting including foreign currency translations. Coverage
also typically includes an introduction to governmental and not-for-profit
accounting.

4328. Auditing 3 hours
Prerequisite: ACC 3312 and 3325
A study of the principles and procedures of the verification of accounts, the
preparation of working papers, and the completed audit report.

4330. Directed Study in Accounting Problems and Theory 3 hours
Prerequisite: Invitation of instructor
Directed study preparing for the CPA examination.

4393. Internship I 3 hours
Prerequisite: Completion of 45 hours or dean’s approval; 2.0 GPA
Graded academic experiences that provide students with an opportunity to
put classroom learning into practice. Internships provide supervised work
experience directly related to one’s major field of study.

4394. Internship II 3 hours
Prerequisite: Completion of 45 hours or dean’s approval; 2.0 GPA
Graded academic experiences that provide students with an opportunity to
put classroom learning into practice. Internships provide supervised work
experience directly related to one’s major field of study.