BACC 131. Principles of Accounting I
An introduction to the study of accounting, a financial information system. The course provides the concepts and techniques of collecting and presenting accurate data about an organization, and the knowledge to understand and interpret that information. Credit, 3 hours. Offered Fall and Spring semesters.
BACC 132. Principles of Accounting II
The course completes the study of financial accounting with topics concerning corporations and the statement of cash flows. The main focus is to provide an introduction to the field of managerial accounting including costing systems, planning and control, and analytical decision support. Prerequisite: BACC 131. Credit, 3 hours. Offered Fall and Spring semesters.
BACC 331. Intermediate Accounting I
A study of the environment under which accounting standards are established; the conceptual framework for financial accounting; the accounting cycle; requirements for the presentation of the income statement, balance sheet, and statement of cash flows; time value of money concepts; and accounting for cash, receivables, and inventories. Prerequisite: BACC 132. Credit, 3 hours. Offered Fall semesters.
BACC332. Intermediate Accounting II
A study of accounting for acquisition and depreciation of fixed assets, intangible assets, current liabilities, contingencies, long-term liabilities, stockholders’ equity, and retained earnings. Prerequisite: BACC 331. Credit, 3 hours. Offered Spring semesters.
BACC339. Computer Augmented Accounting
A study of the use of microcomputers in accounting. Prerequisite: BMIS 130 and BACC 132. Credit, 3 hours. Offered as needed.
BACC431. Cost Accounting I
An in-depth study of product costing, budget development and use, and the use of quantitative information to achieve optimal business decisions in areas such as pricing, product selections and special orders. Prerequisite: BACC 132. Credit, 3 hours. Offered Fall semesters.
BACC432. Cost Accounting II
This course addresses many issues concerning cost allocations, the impact of new and current management approaches on product costing, and the development and evaluation of data concerning large, multi-year projects. Prerequisite: BACC 431. Credit, 3 hours. Offered Spring semesters.
BACC433. Advanced Accounting
A study of cash flow statement, basic financial statement analysis and methods of full disclosure; and accounting for consolidations, income taxes, pensions, post retirement benefits, Leases, changes and errors, and changing prices. Prerequisites: BACC 332 and senior standing. Credit, 3 hours. Offered Spring semesters.
BACC435. Accounting Theory
A study of the development of accounting theory and its application to income measurement, asset valuation and equities. Prerequisites to be taken in the final year of the Bachelor of Science with a major in Professional Accounting and after completion of all courses required for the Accounting major. Credit, 3 hours. Offered Spring semesters.
BACC436. Governmental Accounting
The application of general accounting principles to federal, state, and local governments and non-profit organizations. Prerequisite: BACC 132. Credit, 3 hours. Offered Fall semesters.