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Department of Accounting, Economics and Finance
Member, Texas Tech University System The Princeton Review - 373 Best Colleges, 2011 Edition

Accounting (ACC) Course Descriptions

Undergraduate Courses

2301/ACC2301 Principles of Accounting I. Introduction to financial accounting including the accounting cycle and financial statements for service and merchandising firms operated as sole proprietorships or partnerships. Prerequisite: Mathematics 1302, 1332, 1324 or equivalent.

2302/ACC2302 Principles of Accounting II. Financial accounting for corporations and manufacturing firms. Introduction to management accounting methods. Prerequisite: Accounting 2301.

3303 Intermediate Accounting I. Financial reporting: conceptual framework and principles, determination of income, and classification and valuation of assets and liabilities. Prerequisite: Accounting 2302.

3304 Intermediate Accounting II. Accounting for stockholders equity, earning per share, pensions, leases, income taxes, and other items. Preparation of the statement of cash flows. Prerequisite: Accounting 3303.

3305 Accounting Information Systems. Analysis, design, and applications of accounting information systems with consideration of related internal control issues and management use of information. Prerequisites: Accounting 2302 and Business Computer Information Systems 1305.

3306 Forensic and Investigative Accounting. Covers important topics including money laundering, fraud auditing, evidence retrieval, interviewing/interrogation, cyber-crime, and other key forensic topics.  The objectives include understanding of the principles and practices used by accountants to examine financial and related information.

3314 International Accounting. A study of the international dimensions of accounting including such topics as international financial reporting and harmonization, International Accounting Standards, and international financial statement analysis. Prerequisite: Accounting 2302.

3331 Cost Accounting. Accounting principles and procedures for product costing, control, and decision making with emphasis on the use of costs by management. Prerequisites: Accounting 2302 and Business Computer Information Systems 1305.

3361 Income Tax Accounting. Current income tax law and tax accounting procedures, preparation of income tax returns for individuals. Prerequisite: Accounting 2302.

4303 Auditing. Theory, practice, and procedures of auditing for public accountants and internal auditors; auditing standards and ethics; development of audit programs; and preparation of working papers and audit reports. Prerequisites: Accounting 3304, Management Science 2331, and Business Computer Information Systems 1305.

4311 Advanced Accounting I. Accounting for partnerships, branches, investments in equity securities, and business combinations. Preparation of consolidated financial statements. Prerequisite: Accounting 3304.

4312 Advanced Accounting II. Accounting for state and local governments, colleges and universities, hospitals, voluntary health and welfare organizations, other non-profit organizations, multinational enterprises, and insolvency. Prerequisite: Accounting 3304.

4362 Advanced Tax Accounting. Tax regulations applicable to partnerships, corporations, estates, gifts, and trusts. Prerequisite: Accounting 3361.

4371 Accounting Internship. Participation in a part-time accounting position with a cooperating business or governmental accounting unit whose program has been approved by the Department of Accounting, Economics, and Finance. Written reports are required of both the student and the employing unit. The internship requires a minimum of 20 hours per week. May not be taken by accounting majors to satisfy accounting course degree requirements. Prerequisite: Senior accounting major who has completed at least 21 semester hours in accounting and consent of both the supervising professor and the department chair.

4381 Special Topics. Selected topics in accounting. May be repeated once for credit when topic varies. Prerequisite: Junior standing.

4391 Research. A specialized course which may be directed reading or research for superior students in accounting. Prerequisite: Senior standing.

Graduate Courses

5191 Independent Study in Managerial Accounting (1-0). A specialized on-line course in Managerial Accounting which is required for students who need additional background study in the area. Credit may not apply towards MBA degree requirements. Grading will be either pass or fail. Prerequisite: Permission of the Instructor.

5192 Independent Study in Financial Accounting (1-0). A specialized on-line course in Financial Accounting which is required for students who need additional background study in the area. Credit may not apply towards MBA degree requirements. Grading will be either pass or fail. Prerequisite: Permission of the Instructor.

6301 Advanced Management Accounting (3-0). A comprehensive study of the preparation of internal accounting reports for decision making, planning and control; cost determination and evaluation; budgeting and quantitative techniques. May not be taken by accounting majors to satisfy requirements in accounting. Prerequisite: Accounting 2302

6303 Applied Auditing (3-0). Interrelation of auditing concepts and professional standards and procedures for auditing computerized information systems, legal concerns, ethical dilemmas, and other contemporary issues in auditing practice. Prerequisite: Accounting 4303.

6306 Forensic and Investigative Accounting (3-0). Covers important topics including money laundering, fraud auditing, evidence retrieval, interviewing/interrogation, cyber-crime, and other key forensic topics. The objectives include understanding of the principles and practices used by accountants to examine financial and related information and applying those to a continuing case scenario.

6313 Accounting Information Systems (3-0). An advanced casework oriented course in computer-based information system theory and implementation. Topic coverage includes systems analysis, relational database theory, decision support systems, telecommunications, and networking. Prerequisite: Accounting 3305.

6317 Advanced Accounting Problems (3-0). Review and elaboration of accounting principles as developed by a series of advanced problems. Corporation accounting and income determination. Prerequisite: Accounting 3304.

6325 Financial Statement Analysis (3-0). Interpretation and analysis of financial statements and schedules for investors and other users. Prerequisite: Accounting 3304.

6361 Advanced Tax Accounting (3-0). Tax regulations applicable to partnerships, corporations, estates, gifts, and trusts. Prerequisite: Accounting 3361.

6362 Tax Research Methodology (3-0). Advanced research in federal taxation. Includes historical and current developments, sources of tax law, research methodology, case studies and reports. Prerequisite: Accounting 3361 (“C” or better) or 6361.

6381 Special Topics (3-0). A study of selected topics in accounting. May be repeated once for credit when the topic varies.

6391 Research. A specialized course which may be directed reading or research for superior students.

 

Angelo State University 2014-15 Undergraduate and Graduate Catalog