Accounting

A course designed for all students interested in understanding the financial accounting and reporting process. No previous background in accounting or business is required. The course focuses on developing an understanding of the accounting cycle and its role in converting data related to business events into financial knowledge, which is then used to inform decision-making by investors, creditors, and other external parties.

This course explores the internal use of accounting information in the organizations' decision-making process. Including Pro-forma financial statements, and basic concepts in entrepreneurial finance (Raising capital/ capital structure, managing cash flow- including burn rates and runways / operating budgets, introduction to capital budgeting, and firm valuation).

An introduction to the design, implementation, and control of accounting information systems. Students will perform a series of hands-on projects to reinforce the conceptual and theoretical aspects of accounting systems.

An advanced course studying the analysis, presentation and interpretation of operations and financial position with emphasis on accounting theory, critical evaluation of accounting concepts and controversial issues in accounting. 

This course is a continuation of Intermediate Accounting 1. Topics include long-term investments, long-term liabilities, capital stock, retained earnings, dividends, error correction, and incomplete records.

An introduction to the basic concepts and tools associated with cost management information systems, including an in-depth examination of product costing, planning and control, and cost analysis within the context of the traditional, functional-based cost systems companies in both the manufacturing and service sectors use.

Examination of the latest developments in course management systems Topics include activity-based costing, strategic cost management, process value analysis, kaizen costing, quality costing, productivity, environmental cost management, and the balanced scorecard. Students will also examine the role of cost information in management decision-making and the models used to facilitate this process.

This course will focus on an introduction to Federal Taxation policy and practice. Students will study the process of implementation of tax law and policy in the context of economic and social policy within the political process. Students will also learn the practical requirements of current tax law and regulations as they pertain to individual taxpayers. Students will also apply this knowledge in the preparation of simple to moderately complex tax returns using software similar to what is used by professional tax preparers.

Study of selected topics in Accounting. Prerequisites will vary. 

A study of accounting principles, standards, procedures, and financial statements that apply to state and local governments, and not-for-profit organizations.

The course studies federal income taxation for partnerships, corporations, sub-s corporations, and estate and gift taxes.

The purpose of this course is to emphasize concepts that enable the student to understand the philosophy and environment of auditing. An audit case is a major component of course assignments. 

This course emphasizes business combinations and the related consolidated financial statements. An expanded look at partnerships, segment reporting, and foreign currency translation is part of the coverage.