ACCT 22400 Accounting for the Real World (NLA)

Describes the theory and procedures used to gather financial information and to present formal financial statements of a business enterprise. Emphasizes decision-making situations and the use of quantitative techniques used in financial and managerial accounting. (Y)
2 Credits

ACCT 22500 Financial Accounting (NLA)

Introduction to the basic measurement and reporting concepts underlying the accounting system for communicating financial information to users external to the organization and to internal managers. Topics include information processing, review of financial statements, the role of ethics in accounting decisions, and valuation and reporting issues for assets, liabilities, stockholders' equity, revenues, and expenses. Sophomores who have not taken the prerequisites may take the course with permission of the Dean. Prerequisites: One course in Business (SMGT, BINT, ACCT, FINA, GBUS, INTB, MKTG, or MGMT). (F,S,Y)
2 Credits

ACCT 22600 Management Accounting (NLA)

Study of the uses of accounting information in managerial decision making, planning, and control within the firm. Areas examined are cost estimation; budgets; short-, intermediate-, and long-term planning; product costing; and special reports for managerial use. Emphasizes the uses of accounting outputs in the decision-making process rather than the concepts and methodology of accumulating accounting information. Projects include the use of basic computerized spreadsheets. (F,S,Y)
2 Credits

ACCT 22700 Financial and Managerial Accounting for Decision Making (NLA)

Introduces measurement and reporting concepts underlying the accounting system. Communicating financial information to users external to the organization and the uses of accounting information in managerial decision-making, planning, and control within the firm. Financial topics include information processing, financial statements, the role of ethics in accounting decisions, and valuation and reporting issues. Managerial topics include cost estimation and pricing, budgets, planning, and reports for managerial use, emphasizing use of accounting outputs in the decision-making process. Sophomores who have not taken the prerequisites may take the course with permission of the Dean. Prerequisites: One course in Business (ACCT, BINT, FINA, INTB, MGMT, MKTG, or SMGT). (F,S)
4 Credits

ACCT 30700 Commercial Law (NLA)

Introduction to commercial law concepts. Topics include common law contracts and sales contracts under the UCC, business entity selection, formation, operation, and termination, and the rights and obligations of owners and management; determining employee versus independent contractor status, and why it matters; agency law; creditor-debtor law (including secured transactions, mortgages, and bankruptcy); and anti-bribery laws. Emphasis on the application of legal concepts to solve problems. (Y)
4 Credits

ACCT 31500 Cost Analysis and Decision Making (NLA)

Improve decision-making skills with a focus on cost-benefit analysis. Read and write case analysis. Emphasis on logical organization and presentation of thoughts. Participate in budgeting, cost analysis, non-routine decisions, process and job costing, and performance measurement. Prerequisites: ACCT 22600 or ACCT 22700. (S)
4 Credits

ACCT 32000 Accounting Information Systems (NLA)

Acquaints students with the functions, design, implementation, and documentation of information systems. The general topic of information systems, focusing on accounting applications (both financial and managerial), is covered. Extended coverage of transaction processing, internal controls, and computer security. Prerequisites: COMP 11000 or COMP 17100; ACCT 22600; junior standing. (IRR)
3 Credits

ACCT 34500 Intermediate Accounting I (NLA)

Essential topics related to balance sheet valuation and income measurement. Includes an overview of generally accepted accounting principles, financial statements, cash, accounts receivable, inventories, operating assets, current and long-term liabilities, cash flows, and revenue recognition. Prerequisites: ACCT 22500 or ACCT 22700. (F,Y)
4 Credits

ACCT 34600 Intermediate Accounting II (NLA)

Continuation of Intermediate Accounting I. Includes complex topics related to balance sheet valuation and income measurement as well as both topical coverage and reporting considerations. Examination of detailed pronouncements and advanced concepts in Intermediate Accounting, such as accounting for pensions, income taxes, earnings per share, and accounting changes. Reporting issues and requirements are also covered. Prerequisite: ACCT 34500. (S,Y)
4 Credits

ACCT 39700 Selected Topics in Accounting (NLA)

Topics of current interest to faculty and students. Experimental courses are offered under this number and title. May be repeated for credit for different selected topics. Offered on demand only. Prerequisites: As appropriate to topics; junior standing. (IRR)
1-3 Credits

ACCT 40200 Advanced Accounting (NLA)

In-depth analytical study of special problems in financial accounting. Continuous emphasis is placed on the relationship between theory and practice to reflect the latest professional pronouncements. Highly technical topics related to corporation, partnership, government, and not-for-profit organizations, including consolidation, branch and consignment, reorganization and liquidation, foreign transactions, and essentials of accounting for governmental and not-for-profit organizations. Prerequisites: ACCT 34600. (IRR)
Attributes: UND
3 Credits

ACCT 40600 Auditing (NLA)

Recognize the issues in the public company auditing environment and introduce the audit process. Verify the need for financial statement audits, the current audit regulatory environment, audit reports, audit evidence, audit planning procedures, inherent risk, internal control, analytical procedures, statistical sampling, tests of controls, and substantive audit tests. Prerequisites: ACCT 34500. (F)
4 Credits

ACCT 49300 Tax Accounting (NLA)

Introduction to the present structure of tax law in the United States; basis for income tax computations; concepts of gross income, adjusted gross income, deductions, exemptions, credits, and Form 1040 and various schedules. Emphasis on tax issues and problems relating to individual taxpayers. Prerequisites: ACCT 22500 or ACCT 22700. (F,Y)
4 Credits

ACCT 49400 Advanced Tax Accounting (NLA)

Advanced study of income tax provisions relating to individuals, corporations, and partnerships. Sophisticated tax provisions, such as corporate liquidations, capital charges, stock options, and pension plans. Solutions to complex tax problems through use of a tax service; practical experience in locating applicable code sections, regulations, IRS rulings, and court decisions; class presentations. Prerequisites: ACCT 49300; junior standing. (IRR)
Attributes: UND
3 Credits

ACCT 49600 Practicum in Tax Accounting: VITA Tax Clinic (NLA)

Prepare tax returns and work in tax advocacy that mirrors tax practice in accounting firms. Successfully pass the IRS VITA volunteer tax preparer exam following intensive course. Maintain the professional requirements of the established tax practice. Tax returns are computerized and electronically filed. Use collaborative learning strategies to provide tax advocacy and disseminate information to taxpayers who have English as a second language. Prerequisites: ACCT 49300. (S,Y)
Attributes: SL
2-4 Credits

ACCT 49700 Selected Topics: Accounting (NLA)

Topics of current interest to faculty and students. Experimental courses are offered under this number and title. May be repeated for credit for different selected topics. Offered on demand only. Prerequisites: As appropriate to topics; junior standing. (IRR)
1-3 Credits

ACCT 49800 Internship with Academic Enhancement (NLA)

Off-campus experience involving varied, nonroutine work projects designed to allow students to synthesize academic theory with real-world operations of an organization. Primary responsibility is on the student to develop a project proposal and then carry out its requirements in conjunction with a faculty sponsor. Internship credit falls under the business elective category in the degree requirements. A maximum of 6 credits may be earned in any combination of internship (ACCT/FINA/INTB/MGMT/MKTG 49800) and BINT 39800. Prerequisites: Senior standing; completion of appropriate principles course; a minimum cumulative GPA of 2.70; Business-Link Professions Workshops 1,2,3; completion of School of Business internship application and permission of instructor. Pass/fail only. (F, S, SUM, W)
1-6 Credits

ACCT 49900 Independent Study: Accounting (NLA)

This course allows students to work with faculty on an individual basis, focusing on a topic of interest to both the student and faculty. The content of the course, coverage, delivery format, and the method of determining grades will be mutually agreed upon and must be included in the course proposal submitted along with the independent study form for approval by the dean. Guidelines are available in the School of Business dean’s office. A variable amount of credit may be earned toward the degree. Students must have a 3.00 cumulative grade point average and must have completed at least 6 credits in the subject matter. Prerequisites: Dean permission. (B,IRR,U,Y)
1-3 Credits