Accounting courses

BSAC 1110 Elementary Accounting I
Elementary Accounting I
An introduction to the principles of accounting. Topics include: recognition of revenue and expenses for income determination, proper classification of balance sheet items, and income statement and balance sheet preparation. Students learn to prepare adjusting entries, closing entries and worksheet presentations necessary for monthly financial statements. The principle and theories behind the proper accounting treatment of cash, accounts receivable, inventories, prepaid expenses, marketable securities and fixed assets are studied.
credit hours: 3
Elementary Accounting I

BSAC 1120 Elementary Accounting II
Elementary Accounting II
Continuation of the study of financial accounting with a detailed study of liabilities and ownership interests for partnerships and corporations. Introduction to statements of changes in financial position, consolidated statements, cost accounting, and the effect of taxes on business decisions.
Pre-requistites: BASC 1110 or equivalent.
credit hours: 3
Elementary Accounting II

BSAC 2200 Special Topics in Accounting
Special Topics in Accounting
credit hours: 3
Special Topics in Accounting

BSAC 2210 Intermediate Accounting I
Intermediate Accounting I
Review and extension of the complete accounting process, financial statement preparation and accounting for assets. Study and application of accounting theory to problems of classification and valuation in preparation of the balance sheet and income statement. 
Pre-requistites: BSAC 1120 or equivalent.
credit hours: 3
Intermediate Accounting I

BSAC 2220 Intermediate Accounting II
Intermediate Accounting II
Continuation of the study and application of accounting theory to the balance sheet and income statement, including accounting for liabilities and corporate ownership interests, and the flow of funds. Contemporary accounting development and problems.  
Pre-requistites: BSAC 1120 or equivalent.
credit hours: 3
Intermediate Accounting II

BSAC 3310 Cost Accounting
Cost Accounting
A study of the accounting methods and procedures peculiar to manufacturing activities. Emphasis is placed on product costing in accordance with generally accepted accounting principles under various costing methods. 
Pre-requistites: BSAC 1120 or equivalent.
credit hours: 3
Cost Accounting

BSAC 3410 Income Tax
Income Tax
A basic study in federal income tax concepts with emphasis on individual taxation, especially as it relates to income, capital gains, exemptions, credits, and deductions.
Pre-requistites: BASC 1120 or equivalent (intermediate accounting recommended). 
credit hours: 3
Income Tax

BSAC 3420 Corporate Tax
Corporate Tax
Continuation of the basic study of federal income tax with emphasis on partnerships, trusts, corporations, and estates.
Pre-requistites: BASC 1120 or equivalent.
credit hours: 3
Corporate Tax

BSAC 4510 Auditing
Auditing
This course involves the study of the principles of auditing at an intermediate level. Theoretical as well as practical applications are reviewed. These applications are studied at great length in each area of audit responsibility, i.e., requirements for each balance sheet classification and analysis and tests of revenue and expense classifications. Statistical sampling techniques are reviewed. Case studies supplement the lectures, and students create standard and tailored audit programs. 
Pre-requistites: BSAC 2210 or 2220 or equivalent. 
credit hours: 3
Auditing

BSAC 5620 Advanced Accounting
Advanced Accounting
Special accounting problems in the area of partnerships, installment and consignment sales, mergers, consolidations, translation of financial statements of foreign affiliates, and accounting for estates, trusts and governmental units. 
Pre-requistites: BSAC 2210 or 2220 or equivalent.
credit hours: 3
Advanced Accounting