A
Accounting (ACCT)
ACCT-2110 Principles of Accounting I
–Fa, Sp
3 hours
An introduction to accounting for business organizations
with an emphasis on financial statement preparation and
interpretation. Topics include the accounting cycle, present value,
and accounting for stock and debt instruments. Prerequisite:
sophomore status.
ACCT-2120 Principles of Accounting II
–Fa, Sp
3 hours
A continuation of accounting for business organizations. Topics
include cash flow statements, investments, and managerial
accounting concepts. Prerequisite: ACCT-2110 Principles of
Accounting I.
ACCT-3110 Intermediate Financial Accounting I
–Fa
3 hours
Theoretical concepts and accounting standards that form the
basis for accounting practices, financial statement preparation,
and analysis. Topics include financial statement formats, present
value, and accounting for receivables and inventory. Prerequisite:
ACCT-2120 Principles of Accounting II.
ACCT-3120 Intermediate Financial Accounting II
–Sp
3 hours
Continuation of theoretical concepts and accounting standards
that form the basis for accounting practices and financial
statement preparation and analysis. Topics include: accounting for
fixed assets, intangible assets, current liabilities, long-term debt,
and stockholders’ equity. Prerequisite: ACCT-3110 Intermediate
Financial Accounting I.
ACCT-3150 Accounting Information Systems
–Sp
3 hours
A study of the flow of information through the accounting
system, emphasizing systems analysis and design, internal
controls, and computer applications in the business environment.
Prerequisites: ACCT-2120 Principles of Accounting II; ITM-1500
Information Technology for Business; junior status.
ACCT-3170 Managerial Accounting
–Sp
3 hours
Principles of industrial and distribution cost accounting, job
order and process cost systems, and standard costs. Prerequisite:
ACCT-2120 Principles of Accounting II.
ACCT-4110 Federal Income Taxes
–Fa
3 hours
Examines the computation of federal income tax liabilities
for individuals and sole proprietorships. Typical course content
includes income, exclusions, exemptions, deductions, credits,
property transactions, and tax accounting methods. Introduces
basic principles of tax research and planning Prerequisite: ACCT-
2120 Principles of Accounting II.
ACCT-4120 Auditing
–Fa
3 hours
A study of auditing standards and related auditing procedures.
Topics include evaluation of audit evidence, professional
responsibilities, and auditors’ reports and opinions. Prerequisite:
ACCT-3120 Intermediate Financial Accounting II.
ACCT-4130 Advanced Financial Accounting
–Sp
3 hours
A study of consolidated financial statements, foreign exchange,
estates and trusts, branch accounting, and related problems.
Prerequisite: ACCT-3120 Intermediate Financial Accounting II.
ACCT-4150
3 hours
Government and Nonprofit Accounting
–Fa
Accounting and reporting principles, standards, and procedures
applicable to nonprofit organizations. Prerequisite: ACCT-3120
Intermediate Financial Accounting II or permission of instructor.
ACCT-4170 Advanced Managerial Accounting
–Sp
3 hours
Advanced topics in accounting for manufacturing companies
and the use of the computer in cost accounting applications.
Prerequisite: ACCT-3170 Managerial Accounting.
ACCT-4190 CPA Review
–Sp
3 hours
Comprehensive review of the application of accounting
principles, using specific problems and development of
approaches to problem solving. Useful as intensive preparation
for the CPA examination. Prerequisite: ACCT-3120 Intermediate
Financial Accounting II.
ACCT-4210 Taxation of Business Entities
–Sp
3 hours
An examination of the tax provisions governing C Corps, S
Corps, partnerships, and estates. Analyzes international and multi-
state taxation of corporations. Prerequisite: ACCT-4110 Federal
Income Taxes.
ACCT-4220 International Accounting
–Sp
3 hours
This course offers information about global accounting diversity
and the reasons for it. International Financial Reporting Standards
(IFRS) are discussed along with the history of international
standard development. Foreign currency exchange rates,
transactions, and hedging are covered. Students also do research
into accounting in multinational corporations. Prerequisites:
ACCT-2110 Principles of Accounting I,ACCT-2120 Principles of
Accounting II.
ACCT-4810 Seminar in Accounting
–Sp
1 hour
A forum for discussion of contemporary topics and issues in
accounting. Current issues will be chosen from topics in financial
and managerial accounting, auditing, tax, and governmental
and nonprofit accounting. Prerequisites: ACCT-3170 Managerial
Accounting; ACCT-4110 Federal Income Taxes; ACCT-4120
Auditing.
Air Force ROTC (AES)
AES-1210,1220 The Air Force Today
1 hour/sem
A survey course designed to introduce students to the United
States Air Force and the Air Force Reserve Officer Training Corps
(ROTC). Featured topics include the mission and organization of
the Air Force, officership and professionalism, military customs
and courtesies, Air Force officer career opportunities, group
leadership problems, and an introduction to communication skills.
AES-1211
0 hours
Leadership Laboratory (GMC): Applied Air Force ROTC
Training
This lab provides an opportunity for students to apply Air Force
procedures, techniques, and knowledge. Students will learn the Air
Force organizational structure as well as customs and courtesies.
GMC cadets will also develop their followership and teamwork
skills in a cadet-led, cadre-supervised lab environment. Taken
concurrently with 1000-level AES courses. Credit/no credit.
AES-2210,2220 History of the Air Force
1 hour/sem
A survey course designed to provide students with an overview
of the general aspects of air and space power through a historical
perspective. It begins with the first military application of balloons
through the actions in Kosovo and Afghanistan. It also shapes
communication skills introduced in the freshman year.
AES-2211
0 hours
Leadership Laboratory (FTP): Applied Air Force ROTC
Training
This lab further develops skills and concepts introduced in the
GMC Leadership Laboratory. Students are prepared mentally
and physically for the demanding requirements of the upcoming
Field Training summer program. Training is cadet-led, where the
students will display their ability to apply Air Force concepts and
procedures. Taken concurrently with 2000-level AES courses.
Credit/no credit.
Page
192
2014–15 Undergraduate Academic Catalog
Course Descriptions
ACCT-2110 – AES-2211
