Curriculum for a Major in Accounting
Format for classes:
Course No., Course Title, Hours Credit, When offered
Credits Hours required for graduation...................................................128
General Studies requirements............................................................47
Specific general studies requirements
ECON 205 Principles of Macroeconomics (3) Fall, Spring,
Summer I
MATH 154 Finite Mathematics (3) Fall, Spring, Summer I
Total hours required for a major ...................................................... 54
Business core requirements.......................................................27
CIS 102 Microcomputer Applications (3) Fall, Spring,
Summer I
ACCT 201 Introductory Accounting I (3) Fall, Spring, Summer I
ACCT 202 Introductory Accounting II (3) Fall, Spring, Summer II
ECON 206 Principles of Microeconomics (3) Fall, Spring, Summer II
BADM 212 Business Law I (3) Fall, Spring, Summer I
BADM 224 Business Statistics (3) Fall, Spring, Summer II
BADM 310 Principles of Management (3) Fall, Spring, Summer I
BADM 340 Marketing (3) Fall, Spring, Summer II
BADM 400 Financial Management (3) Fall, Spring, Summer I
Required Accounting major classes............................................21
ACCT 329 Intermediate Accounting I (3) Fall
ACCT 330 Intermediate Accounting II (3) Spring
ACCT 331 Intermediate Accounting III (3) Fall
ACCT 335 Income Tax Accounting (3) Fall
ACCT 336 Cost Accounting (3) Fall
ACCT 402 Auditing (3) Spring
ACCT 406 Advanced Accounting (3) Spring
Elective
hours from the following...............................................6
ACCT 392 Cooperative Education in Accounting (1-3)
Year round
ACCT 401 Computer-Based Accounting (3) Spring
ACCT 403 Fund Accounting (3) Spring
ACCT 408 Auditing II (3)
ACCT 410 Accounting Theory (3)
ACCT 435 Income Tax II (3)
BADM 313 Business Law II (3) Fall, Spring
BADM 407 Business Strategy and Policy (3) Fall, Spring, Summer I
MATH 205 Calculus with Applications (4) Spring
General Studies Requirements: [Top] [Main]
ECON 205 Principles of Macroeconomics (3): Introduction to fundamental economic concepts including production possibilities and economic growth, market supply and demand analysis, money, banking, and government fiscal and monetary policies. Emphasis is placed upon fluctuations in national income, employment and the price level.
MATH 154 Finite Mathematics (3): Mathematical models for the analysis of decision-making problems are examined. Topics include the echelon method for solving linear equations, matrix manipulations, optimization by linear programming including the simplex method, risk decisions using probability, expected value, and statistics. Additional topics may be chosen from network models or game theory. Prerequisite: ACFM 090 or MATH 105 or satisfactory placement score.
Business Core Requirements: [Top] [Main]
CIS 102 Microcomputer Applications (3:) An introduction to contemporary microcomputer application software(including Windows) and the Shepherd computing environment. Major emphasis on word processing and spreadsheets. Students learn to use e-mail and are introduced to the resources of the Internet. The course goal is the achievement of a minimum level of computer literacy. Prerequisite: None.
ACCT 201 Introductory Accounting I (3): Fundamentals of accounting including basic models, inventory methods, classified statements, negotiable instruments, internal control, accounting for property and equipment, and special journals in conjunction with sole proprietorships.
ACCT 202 Introductory Accounting II (3): Study of the basic structure of partnerships and corporations, manufacturing accounting, analysis of financial statements, and an introduction to cost accounting. Prerequisite: ACCT 201
ECON 206 Principles of Microeconomics (3): Continuation of ECON 205. Topics include: extension of supply and demand analysis, production costs and revenue analysis of firms under perfect and imperfect competition, resource markets, and international trade and finance. Selected economic problems. Prerequisite: ECON 205
BADM 212 Business Law I (3): A broad introduction to contemporary law as it relates to the business environment including contracts, sales, employment law, antitrust law, torts, consumer protection, and business organizations. Prerequisite: Sophomore standing.
BADM 224 Business Statistics (3): Methods of collecting, presenting, analyzing, and interpreting business data. Emphasis on the understanding of probability distributions such as the binomial, normal, exponential, and Poisson. Discussion of regression and correlation, hypothesis testing, chi-square analysis, and one way ANOVA. Students may not receive credit for this course and MATH 314. Prerequisite: MATH 154.
BADM 310 Principles of Management (3): Concepts and analyses of the behavioral aspects of organizations. Expansion of integrative and human skills needed by managers. Lectures are supplemented by outside projects, and simulated application of management techniques. Prerequisites: ACCT 201 and ECON 206.
BADM 340 Marketing (3): An introduction to the marketing management process. Including the selection of target markets, the development of product, pricing, promotion, and the channel of distribution programs to effectively serve the markets. Specialized topics such as international marketing, consumerism, and ethical issues in marketing are also examined. Prerequisites: ACCT 201 and ECON 206
BADM 400 Financial Management (3): An introduction to the methods of corporation finance with an emphasis on applied problem solutions. Particular attention is given to financial decision-making and risk analysis. Prerequisites: ACCT 202 and BADM 224.
Required Accounting Classes: [Top] [Main]
ACCT 329 Intermediate Accounting I (3): An in-depth study of the principles, concepts and theory underlying published financial statements. Emphasis is placed upon components of these statements and the limitations involved in their preparation. Prerequisite: ACCT 202.
ACCT 330 Intermediate Accounting II (3): A continued in-depth study of published financial statements. Emphasis is placed upon principles and pronouncements established by authoritative bodies as it applies to equity accounts, tax allocation, inflation accounting, accounting changes, and correction of errors. Prerequisite: ACCT 329.
ACCT 331 Intermediate Accounting III (3): A continued in-depth study of financial reporting issues including, but not limited to, long-term requirements in accounting for pensions and leases, cash flows, financial statement analysis, reporting changes and inflation effects. Prerequisite: ACCT 330.
ACCT 335 Income Tax (3): A study of he Internal Revenue Code and regulations relating to individuals, partnerships, and corporations, Prerequisite: ACCT 202.
ACCT 336 Cost Accounting (3): The economic, industrial engineering, and managerial aspects of cost accounting including process, job order, and standard cost systems. Prerequisites: ACCT 202 and BADM 224.
ACCT 402 Auditing (3): Concepts, objectives, standards, procedures, and techniques relating to the performance of the audit. Emphasis on decisions which involve judgment that are important to final reporting. Prerequisite: ACCT 330.
ACCT 406 Advanced Accounting (3): Current theories and procedures relating to partnerships and consolidate statements. Prerequisite: ACCT 331.
Elective Hours Courses: [Top] [Main]
ACCT 392 Cooperative Education in Accounting (1-6): A form of independent study which integrates classroom study with paid, planned and supervised work experience in the public and private sectors. Students are exposed to the reality of the work world beyond the boundaries of campus, enhancing their self-confidence and career direction. Co-op students are employees of the sponsoring company and earn a salary and college credit. Generally, sponsoring employers seek upperclassmen with knowledge and background in the discipline. Maximum of three credit hours may be used as accounting elective credit by majors only. Prerequisite: ACCT 329
ACCT 401 Computer-Based Accounting (3): This course employs general purpose accounting software and requires the student to design, implement, and utilize an accounting system. Prerequisite: ACCT 330, 335
ACCT 403 Fund Accounting (3): Application of accounting principles to various funds of governmental and institutional units. Special emphasis placed upon budgetary accounting and its potential usefulness in planning and controlling revenues and expenditures. Prerequisite: ACCT 329
ACCT 408 Auditing II (3): This course is designed to address advanced technical concepts and current topical issues of auditing. It will build upon concepts learned in Auditing I utilizing in-depth case studies and applications. Prerequisite: ACCT 402
ACCT 410 Accounting Theory (3): Contemporary financial accounting issues as reflected in pronouncements of leading professional research and policy organizations as the Financial Accounting Standards Board and the American Institute of Certified Public Accountants. A frame of reference for assimilating and evaluating the historical foundation of the basic accounting theories and concepts as they appear in the current accounting standards. Prerequisite: ACCT 331
ACCT 435 Income Tax II (3): An in-depth study of the Internal Revenue Code as it relates to C-corporations, S-corporations, partnerships, estates, and trusts. Prerequisite: ACCT 335
BADM 313 Business Law II (3): A detailed study of the law of secured transactions, employment, insurance, negotiable instruments, estates, bankruptcy, and suretyship. The Uniform Commercial Code is discussed in detail. Recommended for students who plan to take the CPA examination. Prerequisite: BADM 212
BADM 407 Business Strategy and Policy (3): Capstone course study in business management designed to integrate the basic disciplines of business through case analysis and other methods, oral and written reports, ETS Business Achievement Test administered. Prerequisites: BADM 224 and BADM 400
MATH 205 Calculus with Applications (4): Topics in differential calculus, with stress on their application in business, biology, social, and behavioral sciences. Prerequisite: MATH 105 or 154 or consent of instructor.