​Course Information​

​Course Number ​Title ​GE
ACCT049 Accounting Club
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.
ACCT180 Financial Spreadsheet
Introduction to spreadsheets used to accumulate and analyze financial information. Special attention will be given to the financial functions used in business.
ACCT220 Principles of Accounting I
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.
ACCT221 Principles of Accounting II
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.
ACCT330 Intermediate Accounting I
Prerequisite: ACCT 221. This course is a continuation of accounting principles. It expands the underlying conceptual framework and concepts of financial accounting in the context of how accounting meets the information needs of various users by developing and communicating information that is useful for external decision-making. The course provides a comprehensive review of the accounting process, a deeper understanding of the conceptual theory and practice of financial accounting, and a review of the preparation and understanding of classified financial statements in conformity with general accepted accounting principles. International financial reporting standards are incorporated.
ACCT331 Intermediate Accounting II
Prerequisite: ACCT 330. This course is a continuation of ACCT 330. It expands the underlying framework and concepts of financial accounting in the context of how accounting fits into the overall business environment of a contemporary society. The course provides a deeper understanding of the theory and practice related to financial accounting with an emphasis placed on special problems, which include leases, bonds, investments, shareholder's equity, earnings per share, accounting changes and errors, statement of cash flows, and financial statement analysis. International financial reporting standards are incorporated.
ACCT332 Acctg for Not-for-Profit Org
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.
ACCT350 Accounting Information Systems
Prerequisite: ACCT 331. This course takes an applied approach to introduce students to the use of information technology in support of accounting events resulting from major business processes such as sales, purchasing, production, and human resources. Students will have hands-on experience using current computer based accounting applications. Students will be introduced to information systems concepts including database design and implementation, information securityk and systems designs.
ACCT370 Tax Accounting -Personal
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, self-employed business expenses, cost recovery, employee expenses, itemized deductions, and passive activity losses. Part of the assigned work is the completion of personal tax forms including Form 1040 and related forms. These forms are available from IRS website, www.irs.gov. The Shafer Library has access to legal databases, which permit the student to view code and regulation sections, as well as court cases relative to those code sections.
ACCT371 Tax Accounting - Business
Prerequisite: ACCT 370. The study of tax law and regulation relative to the formation of various business entities including the sole-proprietorship, 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 sole-proprietorship, 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, Form 1120S for S-Corporations, and Form 1065 for partnerships. The nature of distributions to owners, shareholders or partnerships, is extensively discussed. Comparing and contrasting various buisness entities regarding formation, and tax consequences in each case is studied in depth in order to develop an understanding of what issues (both tax and non-tax) to consider when forming a business entity.
ACCT390 Cost Accounting
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.
ACCT391 Managerial Accounting
Prerequisite: ACCT 221, ECON 201 This course presents accounting as a management tool in the decision-making process, and covers budgeting, break-even analysis, and differential cost analysis.
ACCT480 Advanced Accounting
Prerequisites: ACCT 331 and 390. This course is a continued study of financial accounting theory and practice in selected areas of accounting. It includes an in-depth study of the accounting and reporting issues related to business combinations, consolidated financial statements, partnerships, and fiduciary accounting.
ACCT485 Auditing Theory & Practices
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.
ACCT496 Seminar in Managerial Accounting
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. Additionally, this course builds competency for students considering part one of the CMA exam.
ACCT497 Seminar in Financial Accounting
Prerequisites: ACCT 331 and 390 This is a capstone course for the financial accounting concentration. It will explore two areas of vital importance to today's accountant including international accounting and professional ethics and corporate governance. The framework focuses on a manager's perspective, as regards the utilization and understanding of international accounting issues and the ethical implications of accounting decision-making on various stakeholder groups.
ACCT499 Accounting Internship
Prerequisites: minimum 2.75 GPA and have earned a minimum of 30 semester hours at The University of Findlay. This course provides qualified students with a one-semester opportunity to receive academic credit for supervised training and experience with a cooperating business firm supervised by the accounting faculty. It encourages students to utilize their acquired knowledge and skills in an actual work environment. Details are available from the program director/department chair, the business intern adviser, or the Office of Internships and Placements. This course will be graded S/U and may be repeated with a maximum of 12 semester hours applying toward a degree.