Administered by Department of Accounting
Effective Fall, 2005
91.120 Accounting for Small Business (3) - Familiarizes students with accounting principles and practices applicable to small business organizations. For non-accounting majors.
91.220 Financial Accounting (3)-Familiarizes students with a basic understanding of generally accepted accounting principles and their applications. Includes sole proprietorship, partnership, and corporation accounting; computerized accounting and/or writing project. For non-accounting majors only.
91.221 Principles of Accounting 1 (3) - Presents the accounting cycle for service and merchandising activities of a sole proprietorship; special journals and ledgers, accrued and deferred items, cash, receivables and inventories. General ledger and/or spreadsheet computerized accounting is required.
91.222 Principles of Accounting II (3) - Further develops the accounting cycle; recording, summarizing, interpreting financial data for partnerships and corporations. Includes cash flow, long-term liabilities, plant assets and payroll accounting. A practice set and general ledger and/or spreadsheet computerized accounting are required. Prerequisites: 91.220 or 91.221
91.223 Managerial Accounting (3) - Presents volume-cost-profit analysis, special decisions, operational and financial budgeting, control and performance evaluation, job-order costing, variance analysis, cost allocation, quantitative decision-making techniques, and analysis of financial statements. Students are expected to be proficient in the general use of spreadsheets. Prerequisites: 91.220 or 91.222 and 92.150.
91.310 Accounting Information Systems (3) - The course emphasizes accounting information systems, transaction cycles, and communication of financial information for management decisions within the context of business. Topics include ERP systems, e-business and electronic commerce, systems documentation including flowcharting, database management, internal control, business processes, transaction cycles, management reporting, projects using a midline ERP package and other projects usisng business software such as electronic spreadsheets. Prerequisite: 91.223
91.320 International Accounting (3)- Addresses needs of accounting and finance students wishing to become more qualified in accounting on a global perspective. Provides an international accounting component for students who have completed foundation courses. Prerequisites: 91.220 or 91.222. Meets cultural diversity requirement.
91.321 Intermediate Accounting I (3)- Presents the conceptual framework of accounting, accounting environment and information processing system, financial statements and accounting standards, accounting uses of present and future value concepts, cash and receivables and inventories. Use of spreadsheets to solve computer problems in each chapter is required. Prerequisites: 91.222.
91.322 Intermediate Accounting II (3)- Presents accounting standards for property, plant, and equipment, intangible assets, current liabilities and contingencies, long-term liabilities, contributed capital and retained earnings sections of stockholders' equity, stock rights and options, and dilutive securities and earnings per share. Requires students to use an approved word processing software package to produce a research paper. Prerequisites: 91.321.
91.323 Intermediate Accounting III (3)- Presents accounting standards pertaining to investments in debt and equity instruments, revenue recognition, pension plans, leases, income taxes, accounting changes and error correction, Statement of Cash Flows, and accounting disclosures. The use of a spreadsheet program is required. Prerequisite: 91.321
91.324 Federal Tax Accounting (3) - Introduces basic tax laws pertaining to preparation of individual federal tax returns and supporting schedules. Emphasis on tax law research using federal tax services and contemporary professional literature. Prerequisite: 91.321
91.326 Introduction to Fraud Examination (3) - Provides an introduction to the field of fraud examination. This course will cover basic topics of fraud examination including the nature of fraud, who commits fraud and why, fighting fraud, management fraud, other types of fraud and resolution of fraud. Prerequisite:
91.342 Auditing Theory and Procedure (3) - Outlines principles, standards, procedures, and techniques applicable to internal and public auditing; consideration of the audit report and development of working papers for preparation of the report. Prerequisites: 40.346 and 91.322
91.348 Cost Accounting (3) - In-depth study of the three major production costs - raw material, factory overhead, and labor. This course requires extensive spreadsheet use at an intermediate to expert level. Prequisite: 91.321
91.424 Advanced Federal Tax Accounting (3) - Assigns group and individual projects selected from the following areas of advanced tax accounting; partnerships and corporations, Pennsylvania corporate taxes, estates and trusts, reporting to governmental agencies. Includes lectures, discussion of issues and practice in the solution of problems. Prerequisite: 91.324
91.426 Advanced Fraud Examination (3) - This course includes a discussion of criminal statutes related to financial crimes, techniques used in solving fraud, interviewing and rules of evidence and forensic accounting procedures. It includes the use of ACL a major software fraud tool used in a large majority of fraud examinations. Students will develop audit programs and carry them out in ACL. Prerequisite: 91.326
91.430 Advanced Accounting I (3) - Applies accounting principles to special problems in the consolidation and merger of business enterprises. Includes consideration of the basis for such combinations, consolidated statements on date of acquisition as well as subsequent dates with special emphasis on design, construction and utilization of integrated microcomputer- generated worksheets and financial statements. Prerequisite: 91.322.
91.431 Advanced Accounting II (3) - Advanced Accounting II focuses on the accounting and reporting for partnerships, foreign, currency transactions, restatement of financial statements of foreign subsidiaries from foreign currency units to U.S. dollars, and accounting and reporting for governmental and non-profit organizations. It also covers segment reporting, interim reporting, derivative financial statements, and SEC reporting requirements. Prerequisite: 91.322.
91.432 Internship in Accounting (6) - Provides work experiences in the accounting profession. Prerequisite: 75 semester hours completed and adequate course preparation for the tasks to be performed.
91.448 Advanced Cost Accounting (3) - Continuation of 91.348, concentrating on advanced cost accounting issues, including standard costs and budgets. Emphasis on case studies used to analyze and interpret cost data. Prerequisite: 91.348
91.449 CPA Problems (3) - Addresses the application of procedures for the solving of a cross section of complex accounting problems and the discussion of theory and practice. Prerequisites: 91.324, 91.342 and 91.348; senior standing or consent of instructor.
91.456 Computer Forensics and Fraud Examination (3) - This course covers computer fraud examination. The course considers the application of auditing standards and internal controls for systems. Students will perform risk analysis, conduct system detection audits, and examine computer files for evidence of accounting fraud. Prerequisites: 91.326 and 91.426
91.498 Accounting Information Systems (3) - The course emphasizes accounting information systems, transaction cycles, and communication of financial information for management decisions within the context of business. Topics include flowcharting, transaction processing, internal control, ERP systems, security and encryption issues, electronic commerce, management reporting, file and database management, and system auditing. Three hours lecture per week. Prerequisites: 91.221 and 91.222 or 91.220.
91.501 Financial Accounting (3) - A conceptual study of financial accounting theory and its applications. The course examines the effect of normative and positive theories on the financial statements and their impact on the capital markets. Emphasis will be placed on critical thinking, written and oral communication skills, and professional development. Prerequisites: Undergraduate degree.
91.502 Advanced Financial Accounting (3) - Advanced problems in consolidated statements, stockbroker's equity, partnerships, fiduciary accounting, and selected topics dealing with government units and nonprofit service organizations. Selected references to professional literature and uniform CPA examination problems. Prerequisite: 91.501
91.503 Government and Fund Accounting (3) - Accounting principles and practices of governments and nonprofit institutions. Comparisons between accounting principles and practices that applies to governments and nonprofit institutions and those which are generally accepted in business. Prerequisite: Undergraduate degree
91.504 Foundations of Financial Accounting (3) - Introductory course in financial accounting for those who have not had any formal accounting courses. The course covers the accounting cycle for both service and merchandising activities in the corporate form of business. In covering the accounting cycle, the course emphasizes asset valuation, income determination, and cash flows under generally accepted accounting principles. The effects on financial statements of accounting for the following topics are studied: Current assets and current liabilities, revenue and expense recognition, operating assets, intangible assets, long-term investments, long-term liabilities, capital and operating leases, pensions and other post-retirement benefits and financial statement disclosures. Financial statements analysis and interpretation are included. Actual financial statements, case studies and current readings are used throughout the course to aid the students' understanding of topics covered. Course limited to MBA Level I students.
91.521 Advanced Cost Accounting (3) - In-depth study of strategic management accounting concepts and the structure, implementation and maintenance of cost/management accounting information systems that add value to organizations. Prerequisites: 91.504 or 6 credits of undergraduate accounting courses
91.522 Advanced Auditing Theory (3) - This course provides an in-depth examination of auditing concepts and techniques used by CPA firms to perform financial statement audits. Emphasis is placed on auditor responsibilities, generally accepted auditing standards, ethical issues, and current problems and trends facing the auditing profession. Class meetings include group discussion, case studies, lecture, and presentations.
91.523 Advanced Tax Accounting (3) - This is an advanced course that explores the tax consequences of many sophisticated business transactions. Tax strategies are analyzed for their impact on cash flows, income, and the balance sheet. Students learn to assess tax information to make good business decisions. The course downplays extraneous tax code details and focuses on concepts. Topics covered include choosing form of business, capital structure, compensation, income measurement, pass-through entities, distributions, consolidated entitles, multi-state business operation, international expansion, sales and exchanges of business interests, mergers, acquisitions, liquidations, and estate planning.
91.524 Managerial Accounting (3) - This course is an introduction to the tools, techniques, procedures and processes employed to provide information for management in decision-making. Prerequisites: 91.504 or six credits of undergraduate accounting.
91.551 International Accounting (3) - Addresses the global nature of accounting in the current diverse and dynamic business environment. Prerequisites: 91.220 or 91.222
91.552 Controllership (3) - An integrating course dealing with administrative problems of the accounting function; internal control system design and maintenance; relations with audit committees, CPA firms and regulatory agencies pertaining to internal and external reporting. Prerequisites: 91.220 or 91.222, 91.223 or permission of the instructor.
91.599 Special Topics (3) - This course addresses a variety of topics in accounting and allows the instructor to focus on appropriate current topics in the accounting profession. Three hours lecture per week. Students should contact the instructor prior to enrollment.