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Courses and Syllabi

The University Catalog is the authoritative source for information on courses. The Schedule of Classes is the authoritative source for information on classes scheduled for this semester. See the Schedule for the most up-to-date information and see Patriot web to register for classes.

Accounting Fall 2019

Undergraduate

200-Level Courses in ACCT

ACCT 203: Survey of Accounting (3 Credits)

Introduction to financial and managerial accounting. Financial accounting from viewpoint of those who prepare and use financial information. Financial accounting topics include recording financial transaction, creating financial statements, the study of cash and internal controls. Managerial accounting topics include introduction to job order costing, breakeven analysis, standard costs and variances and short term decision making. A third attempt will require academic advisor approval. Equivalent to ACCT 204.

Registration Restrictions:

Required Prerequisite: ECON 103^C.
^C Requires minimum grade of C.

Schedule Type: Lecture, Recitation

Grading:
This course is graded on the Undergraduate Regular scale.

15 Sections Currently Scheduled »

300-Level Courses in ACCT

ACCT 303: Accounting for Decision Making (3 Credits)

Examines accounting from the viewpoint of managers and users of accounting information including using financial statement information to make financing, operating, and investing decisions, recognizing how tax system and body of tax law impacts business decision making, using managerial accounting information to make operating and compensation decisions, and understanding importance of internal and external audits to business and capital markets. Notes: Students cannot receive credit for ACCT 301 and ACCT 303/ACCT 330. School of Business students will not be permitted to make more than three attempts to achieve a C or higher in ACCT 303. The third attempt requires School of Business academic advisor approval. Those who do not successfully complete this course within three attempts will be terminated from their major and will not be eligible to receive a degree from the School of Business. Limited to two attempts.

Recommended Prerequisite: BUS 103 and BUS 200 are strongly recommended.

Registration Restrictions:

Required Prerequisites: (ACCT 203^C, U203, 204^C or U204) and (BUS 210^C or U210) and (MATH 108^C, U108, 113^C, U113, 114^C, U114, HNRT 225^C or U225).
^C Requires minimum grade of C.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

7 Sections Currently Scheduled »

ACCT 311: Managerial and Cost Accounting (3 Credits)

Develops skills in identifying business processes, transforming data into useful information, and making managerial decisions. Designed for students in all areas of management, especially those whose career aims include cost management. Topics include analyzing and managing costs, developing cost systems that facilitate decision making, identifying opportunities for improving business process, creating financial and operating budgets for planning and control, and developing measures to assess performance. Mid-term and final exams may be scheduled on Saturdays for this class. The number of class sessions will be modified to compensate for mid-term examination time. Accommodations will be made for religious conflicts, Saturday classes, and certain official university activities. A third attempt requires School of Business academic advisor approval. Limited to two attempts.

Recommended Prerequisite: Degree status.

Registration Restrictions:

Required Prerequisites: ACCT 301^C or 330^C.
^C Requires minimum grade of C.

Students with a class of Freshman may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

5 Sections Currently Scheduled »

ACCT 330: Financial Accounting I (3 Credits)

This is the first of the three-course financial accounting sequence that examines financial accounting from the viewpoint of preparers and users of financial statements, including preparing financial statements to reflect financing, operating, and investing decisions of the firm and using financial statement information to make financing, operating and investing decisions for the firm. Notes: ACCT 330 is required for all School of Business Accounting and Finance majors. School of Business students will not be permitted to make more than three attempts to achieve a C or higher in ACCT 330. The third attempt requires School of Business academic advisor approval. Those who do not successfully complete this course within three attempts will be terminated from their major. For more information about this, see the "Termination from the Major'' section under Academic Policies. Limited to two attempts.

Recommended Prerequisite: BUS 103 and BUS 200 are strongly recommended.

Registration Restrictions:

Required Prerequisites: (ACCT 203^C, U203, 204^C or U204) and (BUS 210^C or U210) and (MATH 108^C, U108^C, 113^C, U113, 114^C, U114, HNRT 225^C or U225).
^C Requires minimum grade of C.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

6 Sections Currently Scheduled »

ACCT 331: Financial Accounting II (3 Credits)

This is the second of the three-course financial accounting sequence that examines financial accounting from the viewpoint of preparers and users of financial statements, including preparing financial statements to reflect financing, operating, and investing decisions of the firm and using financial statement information to make financing, operating and investing decisions for the firm. Mid-term and final exams may be scheduled on Saturdays for this class. The number of class sessions will be modified to compensate for mid-term examination time. Accommodations will be made for religious conflicts, Saturday classes, and certain official university activities. A third attempt will require academic advisor approval. Limited to two attempts.

Registration Restrictions:

Required Prerequisites: (ACCT 301^C or 330^C).
^C Requires minimum grade of C.

Students with a class of Freshman may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

6 Sections Currently Scheduled »

ACCT 332: Financial Accounting III (3 Credits)

This is the third of the three-course financial accounting sequence that examines financial accounting from the viewpoint of preparers and users of financial statements, including preparing financial statements to reflect financing, operating, and investing decisions of the firm and using financial statement information to make financing, operating and investing decisions for the firm. Continuation of ACCT 331. Mid-term and final exams may be scheduled on Saturdays for this class. The number of class sessions will be modified to compensate for mid-term examination time. Accommodations will be made for religious conflicts, Saturday classes, and certain official university activities. A third attempt will require academic advisor approval. Limited to two attempts.

Registration Restrictions:

Required Prerequisites: ACCT 331^C and (FNAN 301^C, L301, 303^C or L303).
^C Requires minimum grade of C.

Students with a class of Freshman may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

5 Sections Currently Scheduled »

ACCT 351: Taxation and Managerial Decision Making (3 Credits)

Introduction to fundamental topics in taxation using a business-entities approach. Specific topics include gross income, deductions, losses, and property transactions. The course emphasizes the identification of planning and compliance issues and the application of tax law to resolve those issues. Both tax and non-tax factors affecting decision making are considered. Mid-term and final exams may be scheduled on Saturdays for this class. The number of class sessions will be modified to compensate for mid-term examination time. Accommodations will be made for religious conflicts, Saturday classes, and certain official university activities. A third attempt will require academic advisor approval. Limited to two attempts.

Registration Restrictions:

Required Prerequisites: (ACCT 301^C, 303^C or 330^C).
^C Requires minimum grade of C.

Students with a class of Freshman may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

5 Sections Currently Scheduled »

ACCT 361: Accounting Analytics (3 Credits)

This course involves the collection, storage, and processing of financial and non-financial data used to report information to internal and external users. The focus is on relational database systems to capture the business processes of an organization and the internal controls embedded in those processes. A third attempt will require academic advisor approval. Limited to two attempts.

Registration Restrictions:

Required Prerequisites: (ACCT 301^C, 303^C or 330^C) and (MIS 301^C or 303^C).
^C Requires minimum grade of C.

Students with a class of Freshman may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

5 Sections Currently Scheduled »

ACCT 372: Financial Statement Analysis (3 Credits)

Detailed overview of financial statement analysis by users of financial statements. Students learn about common features of mandatory and voluntary accounting disclosures, behaviors and interactions among different users of financial statement information. Primary focus is analysis of financial statement information in body of financial statements and footnotes, and implications of those disclosures for firm valuation, fraud prediction, taxation, and governance. A third attempt will require academic advisor approval. Limited to two attempts.

Registration Restrictions:

Required Prerequisites: (ACCT 331^C or FNAN 341^C).
^C Requires minimum grade of C.

Students with a class of Freshman may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

2 Sections Currently Scheduled

Section 002 — 04:30 PM to 07:10 PM T — Planetary Hall (formerly Science & Tech I) 206
Section 003 — 04:30 PM to 07:10 PM W — Planetary Hall (formerly Science & Tech I) 224

400-Level Courses in ACCT

ACCT 433: Advanced Financial Accounting (3 Credits)

Focuses on advanced topics in financial accounting. Students study accounting business combinations, preparation of consolidated financial statements, accounting for foreign currency transactions, translation and remeasurement of foreign currency financial statements, partnership accounting, interim and segment reporting, and Securities and Exchange Commission reporting issues. International Financial Reporting Standards (IFRS) are discussed. A third attempt will require academic advisor approval. Limited to two attempts.

Registration Restrictions:

Required Prerequisite: ACCT 332^C.
^C Requires minimum grade of C.

Students with a class of Freshman or Sophomore may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

1 Section Currently Scheduled

Section 002 — 01:30 PM to 04:10 PM F — Robinson B208

ACCT 461: Assurance and Audit Services (3 Credits)

Introduction to audit and other assurance services' objectives, theory, and practices. Focuses on developing skills for interpreting business strategies and identifying related business risks, describing internal control solutions to those risks, identifying evidential sources, providing assurance about those risks and controls, and designing strategies to provide assurance services about the reliability of business information. A third attempt will require academic advisor approval. Limited to two attempts.

Specialized Designation: Writing Intensive in Major

Registration Restrictions:

Required Prerequisites: ACCT 331^C and 361^C.
^C Requires minimum grade of C.

Students with a class of Freshman or Sophomore may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

5 Sections Currently Scheduled »

ACCT 472: Government and Not-for-Profit Accounting (3 Credits)

Introduction to accounting for nonbusiness organizations. Emphasizes accounting issues unique to these entities, including non-exchange transactions and lack of ownership interest. Includes accounting and reporting for state and local governments, charitable organizations, and the federal government. A third attempt will require academic advisor approval. Limited to two attempts.

Registration Restrictions:

Required Prerequisite: ACCT 331^C.
^C Requires minimum grade of C.

Students with a class of Freshman or Sophomore may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Lecture

Grading:
This course is graded on the Undergraduate Regular scale.

1 Section Currently Scheduled

Section 001: Govt/Not-for-Profit Accounting — 04:30 PM to 07:10 PM M — Robinson B202

ACCT 492: Internship in Accounting (3 Credits)

Opportunity to gain practical, professional experience in conjunction with academic development. An internship is an important part of academic and career preparation. May be used as elective credit, but may not be repeated. Notes: No more than 6 credits of School of Business internship coursework (BUS 492 or ACCT 492) can be applied towards a student's 120 (BU) degree applicable credits. Students must receive departmental approval in order to register for this course; please contact the School of Business Office of Career Services for internal eligibility requirements. Equivalent to BUS 492, FNAN 492, MGMT 492, MIS 492, MKTG 492, OM 492, OSCM 492.

Recommended Prerequisite: 75 credit hours

Registration Restrictions:

Required Prerequisites: ACCT 330^B- or L330.
^B- Requires minimum grade of B-.

Students with a class of Freshman or Sophomore may not enroll.

Non-Degree level students may not enroll.

Students with the terminated from BU major attribute may not enroll.

Schedule Type: Internship

Grading:
This course is graded on the Undergraduate Regular scale.

1 Section Currently Scheduled

Section 001

Graduate

500-Level Courses in ACCT

ACCT 531: Foundations of Financial Reporting I (3 Credits)

Upon completing course students will be knowledgeable about global business and trade as it applies to international financial reporting standards. Students will be capable of recording, analyzing, interpreting, and communicating financial and non-financial information for users of such information in accordance with applicable professional authoritative literature. May not be repeated for credit.

Recommended Prerequisite: ACCT 301 or BMGT 613, or equivalent with grade of B- or higher or permission of program director.

Registration Restrictions:

Enrollment limited to students with a class of Advanced to Candidacy, Graduate, Non-Degree or Senior Plus.

Enrollment is limited to students with a major in Accounting or Forensic Accounting.

Enrollment is limited to Graduate, Non-Degree or Undergraduate level students.

Enrollment limited to students in a Master of Science degree.

Schedule Type: Lecture

Grading:
This course is graded on the Graduate Regular scale.

1 Section Currently Scheduled

Section 001: Foundations Financial Report I — 07:20 PM to 10:00 PM M — Buchanan Hall (formerly Mason Hall) D005

ACCT 532: Foundations of Financial Reporting II (3 Credits)

Upon completing course students will be knowledgeable about global business and trade as it applies to international financial reporting standards. Students explore topics including: current liabilities and contingencies, bonds and long term notes, leases, accounting for income taxes, pensions, shareholder's equity and share based compensation. May not be repeated for credit.

Recommended Prerequisite: ACCT 331, ACCT 531, or equivalent and FNAN 301, BMGT 643 or equivalent, both with a grade of B- or higher or permission of program director.

Registration Restrictions:

Enrollment limited to students with a class of Advanced to Candidacy, Graduate, Non-Degree or Senior Plus.

Enrollment is limited to students with a major in Accounting or Forensic Accounting.

Enrollment is limited to Graduate, Non-Degree or Undergraduate level students.

Enrollment limited to students in a Master of Science degree.

Schedule Type: Lecture

Grading:
This course is graded on the Graduate Regular scale.

1 Section Currently Scheduled

Section 001: Foundatns Financial Report II — 07:20 PM to 10:00 PM W — Buchanan Hall (formerly Mason Hall) D005

ACCT 551: Foundations of Taxation of Business Entities (3 Credits)

The objective of this course is to build a sound conceptual and technical foundation for the study of federal income taxation that provides students with the tools necessary to stay current with the ever-changing tax law. May not be repeated for credit.

Recommended Prerequisite: Permission of program director.

Registration Restrictions:

Enrollment limited to students with a class of Advanced to Candidacy, Graduate, Non-Degree or Senior Plus.

Enrollment is limited to students with a major in Accounting or Forensic Accounting.

Enrollment is limited to Graduate, Non-Degree or Undergraduate level students.

Enrollment limited to students in a Master of Science degree.

Schedule Type: Lecture

Grading:
This course is graded on the Graduate Regular scale.

1 Section Currently Scheduled

Section 001: Fnd Taxation Business Entities — 07:20 PM to 10:00 PM T — Buchanan Hall (formerly Mason Hall) D001

ACCT 561: Foundations of Assurance Services (3 Credits)

The course focuses on planning, performing and reporting on an audit of financial statements conducted in accordance with U.S. generally accepted auditing standards (U.S. GAAS). It also introduces the public accounting profession and the services CPAs provide. May not be repeated for credit.

Recommended Prerequisite: ACCT 331 or ACCT 531 with a B- or better or permission of MSA Program Director.

Registration Restrictions:

Enrollment limited to students with a class of Advanced to Candidacy, Graduate, Non-Degree or Senior Plus.

Enrollment is limited to students with a major in Accounting or Forensic Accounting.

Enrollment is limited to Graduate, Non-Degree or Undergraduate level students.

Enrollment limited to students in a Master of Science degree.

Schedule Type: Lecture

Grading:
This course is graded on the Graduate Regular scale.

2 Sections Currently Scheduled

Section 001: Foundations Assurance Services — 07:20 PM to 10:00 PM R — Enterprise Hall 173
Section 002: Foundations Assurance Services — 07:20 PM to 10:00 PM T — Robinson B360