Accounting

Courses

AC230: FINANCIAL ACCOUNTING

Credits 4

An introduction to the fundamentals of accounting theory, accrual accounting, and financial reporting. Includes the study of the accounting for cash, receivables, payables, inventories, plant assets, long-term liabilities, and stockholders' equity for service and merchandising firms.

AC231: MANAGERIAL ACCOUNTING

Credits 4
A continuation of AC230. The study of accounting for manufacturing firms and activities. Includes the study of short-term decision making, budgeting, pricing, performance evaluation, and capital investment. In addition, the course examines accounting for cash flows and the analysis of financial statement information.

AC235: FINANCIAL ACCOUNTING FOR MANAGERS

Credits 2

Covers the fundamentals of financial accounting as well as the identification, measurement, and reporting of economic events on enterprises. Accounting information is examined from the perspective of effective management decision making. This is an overview of financial statement analysis.

AC330: INTERMEDIATE ACCOUNTING I

Credits 4
A thorough review of the accounting process and financial statements. In-depth analysis of all assets, current liabilities and contingencies, bonds, leases, and revenue recognition.

AC335: INTERMEDIATE ACCOUNTING II

Credits 4
A continuation of AC330. Includes an in-depth study of accounting for income taxes, pensions and other benefits, shareholders equity and financial statement analysis and the accounting procedures for business combinations and consolidated entities.

AC336: TAX ACCOUNTING

Credits 4
A study of personal and corporate income tax accounting, determining gross income, deductions, credits, tax rates, and capital gains.

AC340: ACCOUNTING INFORMATION SYSTEMS

Credits 2
An overview of accounting information systems as it pertains to processing and interpretation of accounting information. Special attention will be given to areas of IT that are covered under the BEC section of the CPA test. Application of an accounting software package will be utilized.

AC342: COST MANAGEMENT

Credits 4
A study of the processing and reporting of information for the purpose of decision making, planning and control, and performance evaluation. A major objective is to prepare students to use and critically evaluate cost management information. Topics covered include job order and activity-based costing, cost estimation, budgeting, and cost variance analysis. (**only offered at Cincinnati branch campus**)

AC430: SPECIAL SITUATIONS AND ISSUES IN CONTEMPORARY FINANCIAL REPORTING

Credits 4
A study of governmental and not-for-profit accounting, effects of international operations on financial reporting including foreign currency translations, financial statement analysis including standards formation, researching standards, professional ethics and responsibilities, and other issues of current interest to financial accountants.

AC431: AUDITING

Credits 4
A study of the audit objectives and procedures of the professional auditor, in accordance with generally accepted auditing standards; techniques for audit decision internal control, audit evidence, statistical sampling, computerized systems, auditing standards, professional ethics, and legal responsibility.