Accounting

ACCT 201. Introduction to Financial Accounting — (3 units)
Prerequisite: None.

Covers the fundamentals of reporting and accounting for income, losses, assets, liabilities, and owners' equity for sole proprietorships, partnerships and corporations. Includes preparation and analysis of financial statements.

ACCT 302. Introduction to Managerial Accounting — (3 units)
Prerequisite: ACCT 201 Introduction to Financial Accounting.

Application of accounting data and concepts for managerial planning and control, including cost accounting and responsibility accounting.

ACCT 304. Intermediate Financial Accounting — (3 units).
Prerequisite: ACCT 201 Introduction to Financial Accounting.

Covers the fundamentals of reporting and accounting for income, losses, assets, liabilities, and owner's equity for sole proprietorships, partnerships, and corporations. Includes preparation and analysis of financial statements.

ACCT 305. Principles of Auditing — (3 units)
Prerequisite: ACCT 201 Introduction to Financial Accounting.
This course is a study of the systematic process of reporting financial information to external decision-makers and the related auditing process of expressing an opinion on the fairness of management assertions represented in the financial statements. The course is intended to help students develop critical and analytical abilities in regard to financial accounting and auditing topics and theory. Further, it will enhance students' understanding of the relationships that exist between financial reporting and auditing. 

The focus of the course will be to develop the ability to analyze and apply the basic theory and practice of financial accounting and auditing. In this course students will develop an understanding of the financial reporting process and the means by which auditors validate or lend credibility to the information presented in these statements. The emphasis is on the commonalties of recognition, measurement, and disclosure rules. 

Auditing topics covered include (1) The Sarbanes-Oxley Act of 2002  (2) Generally Accepted Auditing Standards; (3) audit reports; (4) internal control; (4) evidence; (6) audit programs, procedures and working papers.

ACCT 309. Accounting Theory and Practice — (3 units)
Prerequisite: ACCT 304 Intermediate Financial Accounting.
Covers current accounting issues and the setting of standards by the Financial Accounting Standards Board and Securities and Exchange Commission; focuses on specialized accounting for joint ventures, government and non-profit organizations.

ACCT 311. Fundamentals of Individual Income Tax — (3 units)
Prerequisite: ACCT 201 Introduction to Financial Accounting.
Covers federal individual income tax, including applicable regulations, calculation procedures, and methods for planning and accounting for it. Includes income inclusions and exclusions; deductions and losses; dependents; business and employee expenses; tax credits; self employment; capital gains and losses; and retirement accounts.

ACCT 312. Fundamentals of Business Income Tax — (3 units)
Prerequisite: ACCT 311 Fundamentals of Individual Income Tax.
Covers the laws and regulations governing calculation of, planning and accounting for federal income taxation of business entities including C Corporations, Partnerships, Limited Liability Companies and S Corporations.

ACCT 315. Accounting Information Systems — (3 units)
Prerequisite: ACCT 302 Introduction to Managerial Accounting.
Accounting 315 teaches from an accounting rather than a management information systems perspective and focuses on the integration of skills related to designing and using accounting information systems, improving communication skills, using information in decision making, and designing and implementing control systems in advanced technology environments. Major topics include:

  • AIS foundations
  • Data management and electronic commerce
  • Internal control
  • AIS applications
  • Systems development

ACCT 493. Practicum in Accounting — (2 units)
Prerequisite: ACCT 201 Introduction to Financial Accounting.
Course requirements may be satisfied with 60 hours of previous or concurrent practical experience, verified by a proctor (e.g., a corporate officer at the research site), and approved and monitored by faculty, by whom a term paper will be assigned and graded for evaluation purposes.

ACCT 494. Practicum in Accounting — (3 units)
Prerequisite: ACCT 201 Introduction to Financial Accounting.
Course requirements may be satisfied with 90 hours of previous or concurrent practical experience, verified by a proctor (e.g., a corporate officer at the research site), and approved and monitored by faculty, by whom a term paper will be assigned and graded for evaluation purposes.

ACCT 498. Directed Individual Study in Accounting — (2 units)
Prerequisite: ACCT 201 Introduction to Financial Accounting.
Course content to be arranged with faculty.

ACCT 499. Directed Individual Study in Accounting — (3 units)
Prerequisite: ACCT 201 Introduction to Financial Accounting.
Course content to be arranged with faculty.

ACCT 501. Graduate Principles and Procedures of Financial Accounting — (3 units)
Prerequisite: Graduate Standing.
Detailed examination of standard financial accounting, including major financial statements, double-entry accounting method, accrual and cash accounting, and specific analysis of assets, liabilities, and owner's equity accounts.

ACCT 502. Principles of Managerial Accounting — (3 units)
Prerequisite: ACCT 501 Graduate Principles and Procedures of Financial Accounting.
Detailed examination of accounting data and concepts for managerial planning and control, including cost accounting and responsibility accounting.

ACCT 503. Advanced Financial Accounting — (3 units)
Prerequisite: ACCT 501 Graduate Principles and Procedures of Financial Accounting.
Covers the fundamentals of reporting and accounting for income, losses, assets, liabilities, and owners' equity for sole proprietorships, partnerships and corporations. Examines key generally accepted accounting principles.

ACCT 505. Advanced Auditing — (3 units)
Prerequisite: ACCT 501 Graduate Principles and Procedures of Financial Accounting.
This course covers applications of recent developments in and critical analysis of auditing procedures, regulations, and standards under generally accepted auditing standards. 

The focus of the course will be to develop the ability to analyze and apply the basic theory and practice of financial accounting and auditing via the case study method. In this course, students will develop an understanding of the financial reporting process and the means by which auditors validate or lend credibility to the information presented in these statements. The emphasis is on the commonalties of recognition, measurement, and disclosure rules. 

Auditing topics covered include (1) Generally Accepted Auditing Standards; (2) audit risk, reporting, evidence, and planning; (3) internal control; (4) ethical responsibilities of the accountant; (5) ethical responsibilities of the auditor; (6) professional roles and issues; (7) evidence; and (8) legal liability.

ACCT 511. Advanced Individual Income Tax — (3 units)
Prerequisite: ACCT 501 Graduate Principles and Procedures of Financial Accounting.
Covers federal individual income tax, including applicable regulations, calculation procedures and methods for planning and accounting for it. Includes income inclusions and exclusions; deductions and losses; dependents; business and employee expenses; tax credits; self-employment; capital gains and losses; and retirement accounts.

ACCT 512. Advanced Business Income Tax — (3 units)
Prerequisite: ACCT 511 Advanced Individual Income Tax. Advanced analysis of topics covered in ACCT 312. Fundamentals of Business Income Tax.
Covers the regulations governing calculation of and planning and accounting for federal income taxation of business entities, including corporations, partnerships, sole proprietorships, joint ventures, estates, and trusts.

ACCT 520. Advanced Accounting Information Systems — (3 units)
Prerequisites: ACCT 502-Principles of Managerial Accounting
This course teaches from an accounting rather than a management information systems perspective. This course has balanced coverage of systems, electronic data processing controls, and provides students with the most important topics pertaining to the auditor's computer assurance responsibilities. Advanced Accounting Information Systems topics include:

  • A model for processing accounting information 
  • Managerial accounting systems
  • Systems concepts and accounting
  • Systems tools, computer software, configurations, data storage, and data processing methods
  • File processing methods, implementing database management systems, and information system controls
  • Auditing, assurance, and internal control 
  • Computer operations, data management systems, system development, maintenance activities, and electronic commerce systems
  • Computer assisted audit tools and techniques
  • CAATTs for data extractions and analysis
  • Auditing the revenue cycle, the expenditure cycle and fraud detection 

ACCT 593. Advanced Practicum in Accounting — (2 units)
Prerequisite: Graduate Standing.
Course requirements may be satisfied with 60 hours of previous or concurrent practical experience, verified by a proctor (e.g., a corporate officer at the research site), and approved and monitored by faculty, by whom a term paper is to be assigned and graded for evaluation purposes.

ACCT 594. Advanced Practicum in Accounting — (3 units)
Prerequisite: Graduate Standing.
Course requirements may be satisfied with 90 hours of previous or concurrent practical experience, verified by a proctor (e.g., a corporate officer at the research site), and approved and monitored by faculty, by whom a term paper is to be assigned and graded for evaluation purposes.

ACCT 598. Advanced Directed Individual Study in Accounting — (2 units)
Prerequisite: Graduate Standing.
Course content arranged with faculty.

ACCT 599. Advanced Directed Individual Study in Accounting — (3 units)
Prerequisite: Graduate Standing.
Course content arranged with faculty.