1986-1987 Academic Catalog

lllllllllilllllllllllllillllllillllllillllllllllllllllllllillllllillllllillllllillllllilllllllllllllillllllillllllillllllilllllllllllllillllllillllllillllllillllllillllllillllllllllllllllllllillllllllllllllllllllillllllilllllllllllllillllllillllllilllllllllllllillllllillllllillllllilllll Business Ad111i11istratio11 59 21-230 l l-101 l 1-102 l l-23 I I 1-232 I 1-251 l l-261 61- Sophomore Year Theology Survey . . . . . . Principles of Accounting I Principles of Accounting II Principles of Economics I . Principles of Economics II Principles of Organization & Management Principles of Marketing . . . . . . Physical Education . . . . . . . . Electives (Language if necessary) Junior Year 21-340 Baptist History Bible elective . Literature elective Science elective History elective 11-211 Quantitative Methods I 11-2 I2 Quantitative Methods II 11-311 Business Law I .... . I 1-371 Business Finance ... . l l-216 Business Communications Business emphasis & electives Senior Year Bible elective . Humanities elective .. Science elective Social Science elective l l-442 Business Seminar 11-451 Administrative Policy and Strategy Business emphasis & electives Electives ............... . .5 .5 .5 .4 .4 4 .4 .2 15 48 3 3 5 5 A 5 ,, .4 .4 .4 4 . 3 8 48 . 3 .5 5 4 3 3 18 6 47 DEPARTMENTAL COURSES ACCOUNTING 11-101, 11-102 Principles of Accounting-A, W, Sp 5 hours each qum·ter An introduction to the accounting for sole proprietorships, partner– ships, and corporations. Topics include basic bookkeeping procedures, preparation and use of financial statements, management accounting, taxes, and payroll. Prerequisite: sophomore classification. 11-201, 11-202, 11-203 Intermediate Accounting-A, W, Sp 3 houl'S each quarter Review of fundamentals, basic accounting theory, and practice of the financial statements. Development of the ability to analyze accounting problems and present clear, supportable solutions is stressed. Prerequi– site: 11-102 Principles of Accounting 11-301 Advanced Accounting -Sp 4 hours A study of consolidated financial statements, foreign exchange, es– tates and trusts, branch accounting, and related problems. Prerequisite: 11-203 Intermediate Accounting. 11-302 Federal Income Taxes - A 4 hours Proper preparation of federal income tax returns for individuals, part– nerships, and corporations. Students are introduced to income tax plan– ning and the effect of income taxes on business decisions. Prerequisite: 11-102 Principles of Accounting. 11-303 Cost Accounting - A 5 hours Principles of industrial and distribution cost accounting, job order and process cost systems, and standard costs. Prerequisite: 11-102 Princi– ples of Accounting. 11-304 Auditing- W 4 hours A study of auditing standards and related auditing procedures. Topics include evaluation of audit evidence, professional responsibilities, and auditors' reports and opinions. Prerequisite: 11-121 Introduction to Data Processing, 11-203 Intermediate Accounting, 11-212 Quantitative Methods. Jl-305 Accounting Information Systems -Sp 3 hours A study of the flow of information through the accounting system em– phasizing systems analysis and design, internal controls, and computer applications in the business environment. Prerequisites: 11-102 Princi– ples of Accounting, 11-121 Introduction to Data Processing. 11-306 Fund Accounting - Sp 4 hours Accounting and reporting principles, standards, and procedures appli– cable to not-for-profit organizations. Prerequisite: 11-201 Inter– mediate Accounting. (Alternate, odd years)