Chair and Professor-Flaherty. Professors-Humphrey, Meixner, Oliver. Associate Professors-Koogler, Moffeit, Montondon, Smith. Assistant Professors-Eikner, Morris, Stott. Instructors-Thoede. Lecturers-Chapman, Neunhoffer.

The mission of the Department of Accounting is to develop in its students the skills and abilities necessary for a successful career in the accounting profession. To accomplish this mission, the faculty combine effective teaching with professional interaction, service, and a mix of intellectual activities. The Department strives for quality in its degree program which prepares students for careers in public practice, private industry, and government and not-for-profit organizations. Graduates may qualify to take the certified public accountant (CPA), certified management accounting (CMA), and/or other professional examinations. These credentials validate one's formal education, indicate a lifelong commitment to learning, and thus enhance career opportunities.

The accounting curriculum provides a broad education in theory, ethics and practice. The curriculum exposes students to the Internet and computer software (e.g. word processing, spreadsheet, accounting and tax software). Students completing the prescribed program of study earn the BBA degree with a major in accounting. Career options include positions in public accounting such as auditing, tax, and management consulting; corporate accounting; and accounting and auditing for governmental and other not-for-profit organizations.

Potential candidates for the Uniform CPA Examination in Texas: Current law requires 150 hours of education including 36 hours of accounting and 20 hours of related business courses. Although these hours may be satisfied with undergraduate courses, the Department suggests that the Master of Accountancy (MAcy) degree provides greater opportunities for initial employment and career success.

First Semester Hours

Accounting 3313, 3327 ........................ 6
Computer Information Systems 3370 ......... 3
Finance 3312 ....................... ............. 3
Management 3303 ............................... 3
***Social Science Perspective* ................ 3
Total .............................................. 18

Second Semester Hours

Accounting 3314, 3385 .......................... 6
Art, Dance, Music or Theatre 3313 ............. 3
Management 3353 ................................ 3
**Accounting, advanced elective ............... 3
Total .............................................. 15

First Semester Hours

Accounting 4313, 4365 .........................6
Economics, advanced elective* ................3
**Accounting, advanced elective ..............3
***International Perspective* ..................3
Marketing 3343 ..................................3
Total .............................................18

Second Semester Hours

Accounting 4316 ...................................3
**Accounting, advanced elective* ...............3
Free elective* ....................................3-4
Management 4330 .................................3
Management 4335 (Capstone Course) ..........3
Total ............................................15-16

**To be chosen from Accounting 3363, 4314, 4328, 4366, 4388, or 4399.

***See College of General Studies section of the catalog for course options that satisfy social science and international perspectives.

Courses in Accounting (ACC)

To enroll in upper-division accountng courses, students must satisfy all prerequisites, be classified as a junior or senior, and be in good academic standing.

2361 (ACCT 2301) Introduction to Financial Accounting. (3-0) An introduction to financial accounting concepts and their application in the accounting process for business organizations, including financial statement preparation, analysis and communication of financial information and related ethical responsibilities.

2362 (ACCT 2302) Principles of Managerial Accounting. (3-0) An introduction to the use of accounting information as an aid to management decision making, budgeting, and the control process, including accounting reports, and related ethical responsibilities. Prerequisite: ACC 2361.

3313 Intermediate Accounting I. (3-0) An in-depth study of accounting concepts and standards with emphasis on current theory and practices relating to corporate financial statements particularly stressing asset and liability measurement and related problems of income determination and presentation. Prerequisite: ACC 2361 with a grade of "C" or better.

3314 Intermediate Accounting II. (3-0) A study of accounting problems related to the determination of stockholders' equity, earnings per share, the preparation of a Statement of Cash Flows, financial statement analysis, and accounting for changing prices. Specialized areas including accounting for leases, pensions, and income taxes. Prerequisite: ACC 3313 with grade of "C" or better.

3327 Income Tax Accounting. (3-0) A study of the tax concepts and issues involved in an individual's employment and personal life, and in sole proprietorships, property transactions, tax administration and tax practice. Regulatory and ethical issues are incorporated into the discussions. Prerequisites: ACC 2361 and ACC 2362.

3363 Governmental Accounting. (3-0) A study of concepts and techniques of fund accounting, and financial reporting for governmental and not-for-profit organizations including state and local government, universities, hospitals, and other public sctor entities. Prerequisite: ACC 3313.

3385 Accounting Systems. (3-0) A study of elements of theory, procedures, and practice relating to system design and implementation for manual and computerized accounting information systems. Emphasis placed on system selection, data entry, file structure, internal control implementation, and report generation for various information end-users. Prerequisites: ACC 3313 and CIS 3370.

4313 Auditing. (3-0) A study of the underlying theory of financial auditing including professional ethics, auditing standards and procedures, and the role of auditor judgment in developing working papers and reports. Prerequisites: ACC 3314 and QMST 2333.

(WI) 4314 Advanced Auditing. (3-0) A continuing study of financial auditing with a concentration on audit reports, computer auditing and sampling techniques, and the role of the SEC. Includes an introduction to the fields of internal and international auditing and audits of governmental and other not-for-profit entities. Prerequisite: ACC 4313.

4316 Advanced Accounting. (3-0) A study of accounting for business combinations and consolidated financial statements. Additional selected areas may include accounting for multinational operations, interim reporting, SEC reporting, partnership accounting, and governmental and not-for-profit accounting. Prerequisite: ACC 3314.

4328 Advanced Tax Accounting. (3-0) A study of the tax concepts and issues involved throughout the life cycle of corporations and partnerships from formation to sale or liquidation. Additional topics include gift, inheritances and estate planning. Regulatory and ethical issues are incorporated throughout the discussions. Prerequisites: ACC 3313 and ACC 3327.

4365 Cost/Managerial Accounting. (3-0) The study of cost/management accounting within the manufacturing and merchandising environment. Includes the analysis of cost accumulation, planning and control within an organization. Specific topics emphasized are job-order and process costing; standard costing; standard costing and varianc analysis; absorption and direct costing; budgetary procedures; cost/volume profit analysis; and capital budgeting techniques. Prerequisites: ACC 2362 with a grade of "C" or better, ACC 3313, and QMST 2333.

(WI) 4366 Advanced Cost/Managerial Accounting. (3-0) A study of advanced techniques and topics used in the internal decision making process for planning and control. Emphasis on accounting information used for management decisions, cost control, and quantitative analysis including contemporary issues. Prerequisite: ACC 4365.

4388 Theory of Financial Accounting. (3-0) An investigation of underlying theoretical concepts of financial accounting including the historical development of accounting theory, various advanced and special reporting topics, and the impact of academic and professional research. Emphasis on current developments in accounting standard-setting. Prerequisite: ACC 3314.

(WI) 4399 Directed Studies in Accounting. (3-0) A one semester course of independent reading, tutorial sessions, individual research projects, or business internship. Open to students of senior rank with consent of the Chair of the Department of Accounting.

For course descriptions, and further information about available graduate offerings, please consult the Graduate Catalog.