ACCT049
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Accounting Club |
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| In the club, students are given the opportunity to meet with
accounting professionals. Additionally, students become exposed
to professional trends, employment opportunities, and
education growth within the accounting discipline.
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ACCT180
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Financial Spreadsheet |
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Introduction to spreadsheets used to accumulate and
analyze financial information. Special attention will be given
to the financial functions used in business.
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ACCT220
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Principles of Accounting I |
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| This course develops an understanding of the basic elements
of financial accounting and the role of accounting in society.
Students are introduced to fundamental accounting concepts,
procedures, and terminology. Emphasis is placed on accrual
accounting, revenue and expense recognition, accounting for
assets, liabilities and equity, the accounting cycle, merchandise
accounting, and internal controls. The course includes transaction
analysis and the preparation and understanding of financial
statements.
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ACCT221
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Principles of Accounting II |
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| Prerequisite: ACCT 220.
This course is a continuance of ACCT 220 with emphasis on
developing a basic understanding of financial accounting
pertaining to business organizations by focusing on
debt/equity financing, the statement of cash flows, time
value of money, and financial statement analysis. In addition,
the course introduces students to various managerial accounting
topics including job-order costing, cost-volume-profit analysis,
cost allocation, activity-based costing, internal controls,
performance evaluation, capital budgeting, and master budgets.
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ACCT330
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Intermediate Accounting I |
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| Prerequisite: ACCT 221.
Accounting theory and practice is related to using accounting
information for decision making. This course provides an in-depth
study of conceptual framework of financial accounting theory and
concepts and the presentation of financial statements in
conformity with generally accepted accounting principles. Emphasis
is given to asset, liability, and equity valuations and their
relationship to income measurement and determination.
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ACCT331
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Intermediate Accounting II |
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Prerequisite: ACCT 330.
Theory and practice related to special problems for
shareholder's equity and investment income determination
issues and financial statement analysis.
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ACCT332
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Acctg for Not-for-Profit Org |
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| Prerequisite: ACCT 331.
This course expands student's accounting knowledge by introducing
students to the importance of government and not-for-profit
accounting and the challenges that it presents. The course emphasizes
the reporting requirements of the Governmental Accounting Standards
Board (GASB) for state and local government, the Federal Accounting
Standards Advisory Board (FASAB) for the federal government, and
the Financial Accounting Standards Board (FASB) for the private
sector, including not-for profits. The course develops an awareness
of the issues surrounding government and not-for-profit accounting,
develops an awareness of the issues surrounding government and not-for
the reasons behind them, their strengths and limitations,
and possible alternatives.
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ACCT350
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Accounting Information Systems |
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| Prerequisite: ACCT 331.
This course will introduce students to computer software
used to process accounting data and to prepare reports
from management use from analysis of that data.
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ACCT370
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Tax Accounting -Personal |
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| Prerequisite: ACCT 221.
This course provides an introduction to taxation in the United
States. The primary orientation is the taxation of income.
The rules for the taxation of income are found in Title 26 of
the U.S. Code. The course will focus on research cases and
problems oriented to answering questions relative to the
application of the IRS Code. After an introduction to the
basic tax model, the course examines gross income, its concept,
inclusions and exclusions. There follows a detailed examination
of deductions and losses. In particular, business expenses,
cost recovery, employee expenses, itemized deductions, and
passive activity losses. Part of the assigned work is the
completion of current year tax forms. These forms are available
from IRS web site, www.irs.gov. The Shafer Library has access
to legal databases, which permits the student to view code and
regulation sections, as well as court cases relative to those
code sections.
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ACCT371
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Tax Accounting - Business |
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| Prerequisite: ACCT 370.
The study of tax law and regulation relative to the formation
of C-corporations, partnerships, and S-corporations is
examined in this course. We continue the study of the tax
code, tax regulations, and court cases, in this course related
to the formation of a corporation, or partnerships and distributions
to its owners. Emphasis is placed on calculating taxable income
and the resultant tax liability. Tax problems involve the
completion of Form 1120 for C-corporations and Form 1065 for
partnerships. The nature of distributions to owners, shareholders
or partnerships, is extensively discussed. Special issues
associated with the corporate and partnership form are also covered.
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ACCT390
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Cost Accounting |
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| Prerequisite: ACCT 221.
This course provides a study of the theories and practices
of cost accounting with emphasis on job order, process, and
standard costs.
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ACCT391
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Managerial Accounting |
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| Prerequisite: ACCT 390.
This course presents accounting as a management tool in the
decision-making process.
Budgeting, break-even analysis,
and differential cost analysis.
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ACCT480
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Advanced Accounting |
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| Prerequisites: ACCT 331 and 390.
This course offers a study of accounting treatments for business combination,
consolidated financial statements, partnerships, and
fiduciary accounting.
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ACCT485
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Auditing Theory & Practices |
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| Prerequisite: ACCT 480.
This course presents an introduction to auditing and other
assurance services for students who have not had significant
experience in providing such services. The primary
emphasis is on the author's decision-making process, determining
the nature and amount of evidence that must be accumulated after
considering the unique circumstances of each engagement.
Topic coverage includes professional ethics, legal liability, the
elements of the audit process, and application of that process
to various accounting cycles.
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ACCT496
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Cases in Managerial Accounting |
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| Prerequisites: ACCT 331 and 391
This is a capstone course in the managerial accounting
concentration. The class will examine situations where the
accountant, examining the available financial information
must provide management with an approximate analysis and
options for action. Students will have the opportunity to
apply technical knowledge from prior accounting courses.
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ACCT497
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Contemporary Issues in Acctg: Ethics and International |
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| Prerequisites: ACCT 331 and 390
This will be a capstone course for the financial accounting
concentration. The study of international accounting
standards and their impact on financial reporting will be
examined. The course will cover corporate governance, the
impact of Sarbanes-Oxley and decision making based on a sound
ethical foundation.
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ACCT499
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Accounting Internship |
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| Prerequisites: minimum 2.75 GPA and have earned a minimum of 30
semester hours at The University of Findlay.
A one-semester work experience with a cooperating business
firm supervised by the accounting faculty. Details
available from the program director/department chair, the business intern
advisor, or the Office of Services. This course will be graded S/U
and may be repeated with a maximum of 12 semester hours applying
toward a degree.
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