1990-1991 Academic Catalog

ACCT-211, 212 Principles ofAccounting-A, W, Sp 5 hours each quarter An introduction to the accounting for sole proprietorships, partnerships, and corporations. Topics include basic bookkeeping procedures, preparation and use of financial statements, management accounting, taxes, and payroll. Prerequisite: sophomore classification. ACCT-311, 312, 313 Intermediate Accounting-A, W, Sp 3 hours each quarter Review of fundamentals, basic accounting theory, and practice. Development of the ability to analyze accounting problems and present clear, supportable solutions is stressed. Prerequi– site: ACCT-212 Principles ofAccounting. ACCT-315 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-212 Principles ofAccounting, CIS-220 Computer Information Systems. ACCT-317 Cost Accounting-A 5 hours Principles of industrial and distribution cost accounting, job order and process cost sys– tems, and standard costs. Prerequisite: ACCT-212 Principles ofAccounting. ACCT-411 Federal Income Taxes-A 4 hours . Proper preparatio? of federal inc.ome tax returns for individuals, partnerships, and corpora– tions. Students are mtroduced to mcome tax planning and the effect of income taxes on business decisions. Prerequisite: ACCT-212 Principles ofAccounting. ACCT-412Auditing- 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. Prerequisites: CIS-220 Computer Information Systems, ACCT-313 Intermediate Accounting, BUS-212 Statistics. ACCT-413AdvancedAccounting-Sp 4 hours A study of consolidated fmancial statements, foreign exchange, estates and trusts, branch accounting, and related problems. Prerequisite: ACCT-313 Intermediate Accounting. ACCT-415 Fund Accounting-Sp 4 hours Ac.cou_nting and rep.o~ing principles, standards, and procedures applicable to not-for-profit orgaruzations. Prereqms1te: ACCT-311 Intermediate Accounting. (odd years) ACCT-417 Advanced Cost Accounting-Sp 4 hours Advanced topics in accounting for manufacturing companies and the use of the computer in cost accounting applications. Prerequisite: ACCT-317 Cost Accounting. (even years) ACCT-419 Advanced Accounting Problems-W 4 hours Comprehensive review of the application of accounting principles, using specific prob– lems and development of approaches to problem solving. Useful as intensive preparation for the C.P.A. examination. Prerequisite: ACCT-313 Intermediate Accounting. BUS-100 Business Briefs-Sp 1 hour An introduction to the career opportunities in business and industry, a preview of the programs of study within business, and a look at ethical foundations for the study and practice of business as a Christian professional. BUS-2_ll, 212 s.tatistics---:-~· W, Sp 3 hours each quarter An mtroduct1on to statistical methods used in business decision-making. Topics include probability, sampling, estimation, regression, correlation, and analysis of variance. Prerequi– site: GSCI-190 Calculus for Business. BUS-216 Business Communications-A, W, Sp 3 hours .Instruction for writing business letters, memos, and business reports. Oral business presen– tations, small group commmunication, and the communication process in general are also discussed. Prerequisites: ENG-110 ,140 English Composition I, II. BUS-218, 318 Business Law-A, W, Sp 4 hours each quarter A study of contracts, sales, bailments, negotiable instruments, agency, employer-employee relationships, partnerships, corporations, insurance, and property. BUS-280 Business Writing-A, W, Sp 3 hours Instruction in the principles of writing effective business letters, memos, business reports, proposals, and case studies. Prerequisite: ENG-140 English Composition II. BUS-291 International Business-A 3 hours To give a global perspective of the business environment, international business terms are define? and the interactions of the various actors, firms, institutions, countries, and groups of countries are developed. An environmental approach including both cultural and fmancial perspectives develops a broad view of the world economy. BUS-311 Decision Analysis-A, W, Sp 3 hours Introduces mathematical methods of decision analysis. Topics include probability, fore– casting, decision under uncertainty, decision trees, inventory models, linear programming, and networks. Prerequisite: Bus-212 Statistics II. BUS-340 Independent Study in Business Administration 1-4 hours Rese?Tch in problems of accounting, computer information systems, general business, economics, fmance, management, marketing, or secretarial administration. BUS-341 Topics in Business 1-5 hours A variety of courses is covered under this heading on an experimental basis. This allows the department to meet the changing needs of the students without formally adding or drop– ping courses on a quarterly basis. BUS-345 Business Internship 5-16 hours A work-study program designed for junior and senior business administration majors to receive a variety of job-related experiences in a business environment. The program is ar– ranged and administered by the department. BUS-442 Business Seminar-A, W. Sp 3 hours Discussion of current business topics. Open only to seniors in business administration. BUS-499 Executive Development O hours A program of professional development activities which prepare students to move into a corporate environment. Senior business majors are required to maintain emollment in this program during their last three quarters. (Fee: $10)