ACCOUNTING (ACCT)

ACCT 2121. Principles of Accounting I. (3) Prerequisite: sophomore standing or consent of Department. Fundamental accounting principles, with emphasis on the use of financial accounting data and analysis of financial statements. (Fall, Spring, Summer) (Evenings)

ACCT 2122. Principles of Accounting II. (3) Prerequisite: ACCT 2121 and sophomore standing or consent of Department. An introduction to managerial accounting with an emphasis on using accounting information to make decisions. (Fall, Spring, Summer) (Evenings)

ACCT 3043. Current Developments in Accounting. (1-3) May be repeated for credit. Prerequisite: consent of the Department. A research project will be required. Topics will be selected from internal and external auditing, governmental accounting, income taxes, managerial accounting and accounting theory. (Fall, Spring, Summer) (Evenings)

ACCT 3111. Intermediate Financial Accounting I. (3) Prerequisites: grades of C or better in both ACCT 2122 and INFO 2130. Analysis of the requirements of outsiders (investors, auditors, and governments) for information about the status and operations of firms. The application of various theories and concepts will be stressed. Enrollment limited to majors in the College of Business Administration. Three lecture hours, two lab hours. (Fall, Summer)

ACCT 3112. Intermediate Financial Accounting II. (3) Prerequisite: ACCT 3111 with a grade of C or better. A continuation of ACCT 3111 with emphasis on reporting standards and procedures for corporations. Three lectures hours, two lab hours. Enrollment limited to Accounting Majors. (Spring, Summer)

ACCT 3113. Intermediate Financial Accounting III. (3) Prerequisite: ACCT 3112 with a grade of C or better. A continuation of ACCT 3112 with emphasis on reporting standards and procedures for corporations. Three lectures hours, two lab hours. Enrollment limited to Accounting Majors. (Fall)

ACCT 3121. Internal Auditing I. (3) Prerequisites: ACCT 2122 and consent of instructor. Introduction to internal auditing standards, ethics, audit evidence and techniques, and reporting practices and demonstration of these concepts through case studies. Enrollment limited to majors in the College of Business Administration. (Spring)

ACCT 3122. Internal Auditing II. (3) Prerequisites: ACCT 3121. Internal auditing management, quantitative techniques used by internal auditors, operational auditing, fraud and EDP auditing including demonstration of these techniques through the use of case studies and reports. Enrollment limited to majors in the College of Business Administration. (Fall)

ACCT 3136. Managerial Cost Accounting. (3) Prerequisite: ACCT 2122. Analysis of the uses of accounting data in the planning, controlling and decision-making processes of business enterprises. Enrollment limited to majors in the College of Business Administration. (Fall, Spring, Summer) (Evenings)

ACCT 3140. Accounting Information Systems. (3) Prerequisites: ACCT 2122 and INFO 2130. An introduction to accounting EDP systems, with particular emphasis on internal controls and computer auditing techniques. Three lecture hours, two lab hours. Enrollment limited to majors in the College of Business Administration. (Fall, Spring) (Evenings)

ACCT 3148. Auditing and Other Assurance Services. (3) Prerequisites: ACCT 3112 (with a grade of C or better) and ACCT 3140. Analysis of the accounting control systems and the independent auditor's examination of the system and other evidence as a basis for expressing an opinion on financial statements. Three lecture hours, two lab hours. Enrollment limited to Accounting Majors. (Fall, Spring) (Evenings)

ACCT 3150. International Accounting. (3) Prerequisites: ACCT 2121 and 2122 and junior standing. A study of accounting techniques worldwide and how different techniques affect multi-national firms and day to day international business practices. (On Demand)

ACCT 3200. Foundations of Accounting. (3) Accelerated and in-depth study of conceptual foundations and applications of financial reporting. (Accounting preparation to enter MBA. May not be taken for credit toward any undergraduate degree within the Belk College of Business Administration or used as equivalent credit for ACCT 2121-2122). (Fall, Spring)(Evenings)

ACCT 3211. Introduction to Income Tax. (3) Prerequisites: ACCT 3112 with a grade of C or better. An introduction to the Federal income tax system with emphasis on concepts and procedures applicable to all types of entities. Enrollment limited to Accounting Majors. (Fall)

ACCT 3500. Cooperative Education Experience. (0) Prerequisite: Accounting major with Department approval. Enrollment is required for the Department's cooperative education students during each semester they are working in a co-op position. Course evaluation is Satisfactory/ Unsatisfactory grading. (Fall, Spring, Summer)

ACCT 4111. Advanced Financial Accounting. (3) Prerequisite: ACCT 3113 with a grade of C or better. Advanced concepts and practices in financial reporting with special emphasis on business combinations and consolidated financial statements. (Spring)

ACCT 4112. Financial Reporting for Not for Profit Entities. (3) Prerequisite: ACCT 3113 with a grade of C or better. An exploration of the financial reporting issues and practices for governmental and other not-for-profit entities. (Fall)

ACCT 4230. Advanced Income Tax. (3) Prerequisite: ACCT 3211 or equivalent course with a grade of C or better. An examination of advanced tax topics regarding corporations, partnerships, and individuals. In addition, estate and gift, fiduciary accounting, tax-exempt entities, and retirement plans will be examined at an introductory level. (Spring)