Accountancy (Acct)
1A-B Principles of Accounting (3-3)
Not open to freshmen. Introduction to accounting and to business
administration; theory of modern accounts; debit and credit; classification
of accounts; procedures of recording transactions; preparation of balance
sheets, profit and loss statements.
120A-B. Intermediate Accounting (3-3)
Prerequisite: for 120A, Acct 1A-B or 4A-B; for 120B, 120A. Math 71 and 72
recommended. Preparation and analysis of balance sheet and income statements;
partnership and corporation accounts; basic accounting theory; theory of
current and fixed assets, investments, liabilities, funds, reserves.
128. Managerial Accounting (3)
Not open to students with credit in Acct 120A or 132; not open for credit
toward major in accounting. Prerequisites: Acct 1A-1B or Acct 4A-4B. Uses
of accounting data as an aid in business management; nature of accounting
data, uses and limitations.
132. Cost Accounting (4)
Prerequisites: Acct 1A and 1B or 4A and 4B. Math 71 and 72 or recommended.
Industrial cost accounting; general principles of job order, process and
standard cost systems; special problems.
133. Advanced Cost Accounting (2)
Prerequisite: Acct 132. Advanced study of process and standard costs;
overhead costs; budgeting; use of cost accounting data in economic analysis
and managerial control; problems illustrating course material.
144A-B. Federal Tax Accounting (2-2)
Prerequisite: Acct 120A. Tax laws of the United States as they affect business
and accounting procedures; preparation of personal, partnership, and corporate
income tax returns; computation of capital stock, excess profits, estate,
gift, and excise taxes.
155. Governmental Accounting (3)
Prerequisite: Acct 120A or 132. Accounting and financial reporting for municipal
, county, state and federal governments and institutions; budgetary control;
types of funds; interpretation of governmental reports.
162. Auditing (3)
Prerequisites: Acct 120A, 120B (120B may be taken concurrently). Verification
of accounts of a business to determine financial condition, operating results,
and financial integrity of those in charge; duties and responsibilities
of the auditor, his function in the executive staff and relation to the
accounting department; balance sheet audit.
165. Accounting Systems (3)
Prerequisites: senior standing and accounting major. Principles of system
design and installation; correlation of accounting records and business
activity.
167. C.P.A. Problems (3)
Prerequisites: Acctg. 120A-B, or 120A and senior standing. Professional
training in advanced accounting theory and practice; type problems in partnerships,
consignments, installment sales, insurance, receiverships, branches, parent
and subsidiary accounting, estates and trusts. (2 lecture, 2 lab hours.)
190. Independent Study (1-5)
See Regulations and Procedure -- Independent Study.
199. Supervised Work Experience (1)
Open only to accounting majors. Prerequisite: approval by division committee.
Practical business experience in accounting. Regular class meetings and
reports.
Graduate courses are listed under Business.