2015-2016 Undergraduate Academic Catalog

BTPA-4910 Seminar in Philosophy –Fa 2 hours Senior course in which students will demonstrate their knowledge of philosophy and the integration of philosophy with Scripture and the liberal arts. This will be accomplished through guided research, critical thinking, and demonstration of oral and written skills. Course will be taken during the year immediately prior to graduation. Capstone course. Credit/no credit. School of Business Administration Course Descriptions 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. Business Administration (BUS) BUS-1000 The Business Profession –Fa, Sp 2 hours Provides a broad and comprehensive introduction to the field of business and encourages students to discover their calling to ministry in the marketplace. Includes an introduction to the academic requirements of the program and provides opportunity for practical experience in the field of business. (Fee $25) BUS-2100 Business Communication –Fa, Sp 3 hours Instruction for writing business letters, memos, email, and business reports. Oral business presentations, group collaboration, and the communication process in general are also discussed. Prerequisite: ENG-1400 Composition. BUS-2110 Statistics I –Fa, Sp 2 hours An introduction to statistical methods used in business decision making, including descriptive statistics, probability, probability distributions, estimation, and hypothesis testing. Prerequisite: GMTH-1020 College Algebra. BUS-2120 Statistics II –Fa, Sp 2 hours An extension of Statistics I to include tests of hypothesis, analysis of variance, chi-square, simple and multiple regression models. Prerequisite: BUS-2110 Statistics I. BUS-2150 Statistics for Business –Fa, Sp 3 hours An introduction to statistical methods used in business decision making including descriptive statistics, probability, probability distributions, interval estimation, hypothesis tests involving variances, analysis of variance, ch-square tests, F-tests, simple and multiple regression models, model building, and time series. Prerequisites: GMTH-1020 College Algebra. Page 206 2015–16 Undergraduate Academic Catalog Course Descriptions BTPA-4910 – BUS-2150