Accounting Courses (ACT)
ACT 2291 - Principles of Accounting I (3)
Modern financial accounting theory and practices applied to sole proprietorships, partnerships, and corporations.
ACT 2292 - Principles of Accounting II (3)
Modern financial and managerial accounting theory and practices applied to an organization's liabilities, cash flows, planning, budgeting, and control. Prerequisite: ACT 2291.
ACT 3355 - Internal Auditing (3)
Internal auditing theory as contained in official pronouncement (IIASB, COSO, COBIT, Sarbanes-Oxley). Emphasis will be placed on material required for the CPA exam as it relates to professional ethics, audit engagement procedures, internal control, audit sampling, evidence gathering and auditor's reports. Prerequisites: ACT 2292.
ACT 3357 - Financial Reporting & Analysis I (3)
Study of financial accounting concepts and principles related to financial reporting emphasizing income measurement and accounting for assets. Accounting majors must complete this course with a grade of C or better. Prerequisites: ACT 2292.
ACT 3358 - Financial Reporting & Analysis II (3)
Study of accounting concepts and principles related to financial reporting of long-term debt, owners' equity and other special items. Accounting majors must complete this course with a grade of C or better. Prerequisite: ACT 3357.
ACT 3360 - Entrepreneurial Accounting (3)
This course covers small business accounting basics that assist business owners in making business decisions based on accounting information. It emphasizes the triple bottom line reporting that refers to reporting on a company's economic, social, and environmental performance. Prerequisite: ACT 2292, MGT 4475.
ACT 3365 - Corporate Financial Reporting (3)
An analysis of the financial reporting issues faced by managers, including preparing, understanding, and analyzing financial reports. Prerequisites: ACT 2292.
ACT 3380 - Accounting Study Abroad (1)
Supervised investigation of relevant topics in accounting or business through travel-study abroad or within the interior of United States.
ACT 3390 - Honors Intermediate Accounting II (3)
Theory and applications of assets, liabilities, and owners' equity, pensions, leases, earnings per share, and analytical process. This course is designed for Sorrell Global Scholars honors students. Accounting majors must complete this course with a grade of C or better. Prerequisite: Sorrell Global Scholars student or permission of Associate Dean; ACT 3391.
ACT 3391 - Intermediate Accounting I (3)
Theory and applications of assets, liabilities, and owners' equity, revenues, expenses, and analytical process. Accounting majors must complete this course with a grade of C or better. Prerequisite: ACT 2292.
ACT 3392 - Intermediate Accounting II (3)
Theory and applications of assets, liabilities, and owners' equity, pensions, leases, earnings per share, and analytical process. Accounting majors must complete this course with a grade of C or better. Prerequisite: ACT 3391.
ACT 3394 - Governmental Accounting (3)
Analysis of governmental and not-for-profit accounting issues including the preparation and use of budgets, records and statements. Accounting majors must complete this course with a grade of C or better. Prerequisite: ACT 2292.
ACT 3395 - Managerial/Cost Accounting I (3)
An analysis of issues dealing with cost accounting and cost management in the global economy from the viewpoint of management, including calculating product costs and period expenses, cost systems for accumulating and managing costs, analyzing cost behavior for tactical decisions, introduction to activity-based costing, ethical principles for management accountants, measuring the costs of quality, and preparing the master budget. Accounting majors must complete this course with a grade of C or better. Prerequisite: ACT 2292.
ACT 3396 - Accounting Information Systems (3)
Principles underlying establishment of complete accounting systems; applications to typical business organization; emphasis on the functions of control and protection. Accounting majors must complete this course with a grade of C or better. Prerequisite: ACT 2292.
ACT 3398 - Honors Managerial/Cost Accounting I (3)
An analysis of issues dealing with cost accounting and cost management in the global economy from the viewpoint of management, including calculating product costs and period expenses, cost systems for accumulating and managing costs, analyzing cost behavior for tactical