Courses in Accounting (ACCT)

2143. Financial Accounting (TCCNS = ACCT 2301) 3(3-0)

Prerequisite: MATH 1203 or 1233.

Introduction to fundamental concepts and principles underlying accounting information,

the accounting cycle, service and merchandising operations, sole proprietorships and

partnerships, and corporations.

 

2243. Managerial Accounting (TCCNS = ACCT 2302) 3(3-0)

Prerequisite: ACCT 2143.

Accounting for cash flows, financial statement analysis, responsibility and cost

accounting, and budgeting.

 

3003. Accounting Applications 3(3-0)

Prerequisite: ACCT 2243.

Preparation of basic federal tax returns for individuals: usage of computerized software

(such as Quick Books) for bookkeeping; usage of mainstream office applications (such as

Microsoft Access and Microsoft Excel) for accounting. Designed for majors other than

accounting; may not be taken by accounting majors or minors to satisfy accounting

requirements.

 

3023. Accounting Information Systems 3(3-0)

Prerequisites: Accounting major or minor, or consent of the chair; and a grade of “C” or

higher in ACCT 2143 and ACCT 2243.

Use of accounting data as an information system; general ledger programs and subprograms

relevant to the basic accounting cycle.

 

3033. Intermediate Accounting I 3(3-0)

Prerequisite: ACCT 3023 with grade of C or higher; FINC 3733 or concurrent enrollment.

Financial accounting theory and problems; statement presentations; an intensive course

combining theory and practical applications.

 

3043. Intermediate Accounting II 3(3-0)

Prerequisite: ACCT 3033 with a grade of “C” or higher.

A continuation of Accounting 3033. An intensive course combining theoretical concepts

and practical applications of accounting for a wide range of business activities.

 

3073. Federal Income Tax I 3(3-0)

Prerequisites: ACCT 2143 and ACCT 2243 with grades of “C” or higher.

General concepts of federal income taxation applicable to individuals and businesses.

 

3203. Cost Accounting I 3(3-0)

Prerequisites: ACCT 2143 and ACCT 2243 with grades of “C” or higher.

Theory and procedures used in determining costs of business operations with emphasis

on manufacturing accounting for materials, labor, and overhead in job order, process, and

standard cost systems.

 

3633. Financial Analysis 3(3-0)

Prerequisites: Junior standing or above or consent of the chair, ACCT 2143, ACCT

2243, and MATH 1203 or MATH 1233.

The study of financial tools and techniques used to analyze financial statements and other

information for the purpose of deriving reasonable judgments about past, present, and future

conditions of a firm and the effectiveness of its management. Dual listed with FINC 3633.

 

4013. Petroleum Accounting 3(3-0)

Prerequisite: ACCT 3023.

Basic financial accounting and reporting requirements for oil-and gas-producing

companies, fiscal processes of a petroleum company, and compliance requirements of

professional and regulatory organizations.

 

4063. Auditing 3(3-0)

Prerequisite: ACCT 3033.

Theory, practice, and procedure of auditing; internal accounting control; auditing

standards and principles; working papers and reports.

 

4083. Federal Income Tax II 3(3-0)

Prerequisite: ACCT 3073.

Survey of federal income tax laws applicable to corporations, partnerships and Scorporations,

and fiduciary relationships.

 

4123. Advanced Accounting 3(3-0)

Prerequisite: ACCT 3043 or concurrent enrollment.

Intensive study of special areas in accounting with emphasis on consolidated statements;

other topics include multinational companies, fiduciaries, insolvencies, partnerships, and fund

accounting. This material is heavily tested on the CPA Exam.

 

4223. Accounting Research and Communication 3(3-0)

Prerequisite: ACCT 4063.

Introduces students to professional accounting research. The course includes a study of

the authoritative sources useful for accounting research. Students research, analyze, develop,

and present proposed solutions to accounting and related business cases found in practice

using such modern information technology resources and databases as the Financial

Accounting Research System (FARS). The results of the research will be presented both

written and orally. This course meets a requirement of the Texas State Board of Public

Accountancy (TSBPA).

 

4333. Governmental and Nonprofit Entity Accounting 3(3-0)

Prerequisite: ACCT 3043.

Application of accounting principles and systems of budgeting, accounting, and reporting

of governmental units and other nonprofit entities.

 

4551, 4552, 4553. Independent Study in Accounting 1-3 semester hours

Prerequisite: Consent of the chair.

May be repeated with different content.

 

4663. Special Topics in Accounting 3(3-0)

Topics vary. May be repeated with different content.

 

4893. Internship in Accounting 3(3-0)

Prerequisites: See requirements under Internship Programs in Requirements for Majors

in Business Administration, page 111.

Accounting field experience with local or regional firms. Provides significant accounting

work experience with training and supervision by an employer. A written report and

employer evaluation are required. May be repeated once. Must be approved with all

paperwork completed prior to registration. Total hours granted for internships in all areas of

business administration may not exceed six hours of credit.