Full-Time Faculty: Joseph B. O’Donnell, Chair; Robert R. Davis, James C. Goldstein, Edward J. Gress, Patricia A. Johnson, George F. Kermis III, Eugene P. O’Connor, Ian J. Redpath, Thomas J. Vogel.The Department of Accounting seeks to prepare graduates with the skills that are necessary for success in the profession of accounting. Accounting professionals are expected to be competent in accounting skills and well rounded in the various disciplines of business. They should also possess excellent communication and interpersonal skills. Learning Goals for the 120-hour undergraduate program:
Students will:
- Calculate financial ratios and performance measures and analyze the results;
- Explain the budgeting process and analyze business decisions related to the budgets prepared;
- Apply current principles of accounting to the measurement and reporting of financial accounting information;
- Apply concepts related to accounting system controls.
Learning Goals for the 150-hour undergraduate program:
Students will:
- Calculate financial ratios and performance measures and analyze the results;
- Explain the budgeting process and analyze business decisions related to the budgets prepared;
- Apply current principles of accounting to the measurement and reporting of financial accounting information;
- Apply concepts related to accounting system controls;
- Apply taxation regulations in the measurement and reporting of information to governmental entities;
- Explain the processes/principles related to providing assurance as to the integrity of the reporting process.
Learning Goals for undergraduate Accounting Information Systems
Students will:
- Apply concepts related to information technology auditing tools and techniques;
- Apply concepts related to electronic processing of business information and control issues of E-business;
- Apply concepts related to financial and non-financial information management issues of enterprise information systems;
- Apply principles of database design and effectively design database schemas based on conceptual business models;
- Apply concepts for effectively retrieving information from relational databases using ANSI structured query language (SQL).
The program emphasizes the role of accounting as a vital financial information system in all organizations. An accounting background is an outstanding background for any aspect of business. Many of our graduates have also gone on to graduate school in accounting and law.
The Accounting Information Systems major combines accounting and information technology to meet the technology demands of all sectors of business. AIS majors will find employment opportunities as information specialists in accounting firms, industry, government and nonprofit entities.
Accounting majors take courses in the various fields of accounting: financial accounting, cost and managerial accounting, tax accounting, auditing, accounting information systems and not-for-profit accounting. These courses are presented in a single balanced integrated concept.
Students completing the accounting program find positions in public accounting, industry, the financial sector, government and nonprofit entities. The positions held by accounting graduates include staff accountants, managers and partners in accounting firms; comptrollers, budget directors, internal auditors and chief financial officers in industry; financial analysts, loan officers, vice presidents and presidents of banks; IRS and FBI agents, CIA officers and tax administrators in the government.
The accounting curriculum is registered with the New York State Education Department and the 150 hour accounting programs qualify graduates to sit for the C.P.A. Examination. To become a licensed C.P.A., an accounting graduate should also meet the experience requirement of the State of New York. Students desiring to sit for the exam in other states should check with those states for their specific requirements. Detailed information on New York State certification may be obtained by writing to:
Public Accountancy Processing Unit
New York State Education Department
Division of Professional Licensing Services
Cultural Education Center
Albany, NY 12230
Graduates of the program may also seek other certifications, such as the C.M.A. (Certified Management Accountant) and the C.I.A. (Certified Internal Auditor) designations.
Experience Program: The Department of Accounting, with the Council on Accountancy, helps accounting majors who have completed their junior year to find employment during the summer months in public accounting firms, industrial firms, financial institutions and the government sector. This program is intended to provide eligible students with an opportunity to apply their academic preparation to the realities of the business world. No academic credit is granted for this program. This program is also available to students in the M.B.A. Program in Professional Accounting upon completion of their intermediate accounting courses.
Accounting Scholarships: The Department of Accounting awards scholarships to qualified Accounting majors over and above financial aid and other scholarships made available through the Financial Aid Office. These scholarships are granted on the basis of academic merit and demonstrated need with preference given to the students in their fifth year.
Degree Programs
The Department of Accounting offers five degree programs:
- A 150 Hours Bachelors Degree in Professional Accounting which can be combined with a second major or as a stand-alone degree. This program is registered with the State of New York and qualifies a graduate to sit for the C.P.A. examination. This program usually takes 5 years but with proper planning could be completed in 4 1/2 years. AP credits may also reduce the time for completion.
- A 150-Hours Program leading to the degree of B.S. in Business Administration (major Accounting) at the end of four years of study and an M.B.A. in Accounting (M.B.A.A.) at the end of the fifth year. This program is designed to meet the new education requirements of the State of New York for candidates who wish to sit for the C.P.A. Exam after August 1, 2009. Graduates of this program will have to complete only one year of experience (instead of two years) for licensing by the State of New York upon passing the C.P.A. examination. AP credits may also reduce the time for completion.
- A Four-Year Undergraduate Program leading to the degree of B.S. in Accounting Information Systems.
Graduates of this program are eligible for a number of certifications such as Certified Computing Professional (C.C.P.) and Certified Information Systems Auditor (C.I.S.A.). After August 1, 2009, candidates sitting for the C.P.A. examination will have to complete the accounting requirements of one of the 150-Hours Programs.
- A Four-Year Undergraduate Program leading to the degree of B.S. in Business Administration (major Accounting). Graduates of this program are generally not eligible to sit for the CPA exam after August 1, 2009 when 150 hours will be required to be eligible to sit for the exam.
- An M.B.A. in Professional Accounting to holders of undergraduate or graduate degrees in fields other than accounting. This program is designed to meet the new education requirements of the State of New York for candidates who wish to sit for the C.P.A. Exam after August 1, 2009. This program is described in the Graduate Catalog.
The curriculum requirements of the Undergraduate Programs in Accounting, the Undergraduate Program in Accounting Information Systems, and the B.A./M.B.A.A. Program are summarized in the table below.
Flexibility: The accounting curriculum is designed to allow maximum flexibility and exposure before students must decide on the appropriate accounting program to pursue. A student does not have to make a decision as to which accounting program to pursue until the junior year.
In order to provide flexibility in making the decision, all undergraduate accounting majors follow the same curriculum in the first five semesters of study. Students choosing to major in Accounting Information Systems start taking a different course of study in their junior year, while students in the other programs will start taking different courses of study in the senior year. The B.S./M.B.A.A. students will start taking M.B.A. courses in their senior year.
Undergraduate Program Admission
Admission to the undergraduate accounting programs is predicated upon admission to the Richard J. Wehle School of business. The maintenance of an overall G.P.A. of 2.00 at the end of the sophomore year is required for enrollment in the junior year. Transfer students are required to have achieved an overall G.P.A. of 2.00 at all previous institutions attended.
Admission to the M.B.A. program is based on the following criteria:
- a minimum cumulative average of 2.75 in all accounting courses taken at Canisius, including all junior accounting courses;
- a minimum cumulative overall average of 3.0 by the second semester of the junior year;
- a minimum score of 500 on the GMAT. Applicants should plan to take the GMAT at the earliest opportunity during their junior year.
For additional information, refer to the Graduate Catalog or contact the Director of Graduate Accounting programs.
Note: All programs are subject to change to meet State standards.
Common Business and Liberal Arts Courses:
Core Curriculum:
See Pages 38-40 for the Core Curriculum requirements. Students in all majors are expected to fulfill Core requirements.
| Common body of business knowledge: |
|
|
| Mat 105 Finite Mathematics |
|
3 credits |
| AND |
|
|
| MAT 106 Calculus for the Non-Sciences |
|
3 credits |
| OR |
|
|
| MAT 111 Calculus I |
|
3 credits |
| OR |
|
|
| MAT 115 Calculus for Business I |
|
3 credits |
| Arts and Sciences Electives |
|
3 credits |
| ENG 389 Business Communications |
|
3 credits |
| ACC 211 Principles of Accounting I |
|
3 credits |
| ACC 212 Principles of Accounting II |
|
3 credits |
| ECO 101 Principles of Macroeconomics |
|
3 credits |
| ECO 102 Principles of Microeconomics |
|
3 credits |
| ECO 255 Business Statistics I |
|
3 credits |
| ECO 256 Business Statistics II |
|
3 credits |
| FIN 201 Introduction to Finance |
|
3 credits |
| ISB 101 Management Technology |
|
3 credits |
| MGT 101 Introduction to Management |
|
3 credits |
| MGT 325 Operations Analysis for Business |
|
3 credits |
| MGT 446 Managerial Policy Strategy |
|
3 credits |
| MKT 201 Principles of Marketing |
|
3 credits |
| Business International Requirement |
|
6 credits |
Accounting and Accounting Information Systems Programs
150 Hours - B.S. in Professional Accounting
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC 301-302 Intermediate Accounting I and II |
|
6 credits |
| ACC 303 Cost Accounting |
|
3 credits |
| ACC 307 Management and Accounting Information Systems |
|
3 credits |
| ACC 415 Basic Taxation |
|
3 credits |
| ACC 421 Advanced Accounting Problems |
|
3 credits |
| ACC 426 Information Systems Auditing |
|
3 credits |
| ACC 451 Seminar in Accounting Theory |
|
3 credits |
| LAW 371 Business and Commercial Law |
|
3 credits |
| LAW 372 Business Organizations and Commercial Paper |
|
3 credits |
| Accounting Electives |
|
6 credits |
| Business Elective |
|
3 credits |
| Free Electives |
|
18 credits |
| Total 150 or 151 Credits |
Typical Schedule:
| Fall |
|
|
Spring |
|
| Freshman Year |
|
|
|
|
FYS 101 MAT 105 or MAT 111 or MAT 115 ECO 101 Field of Knowledge Social Science ISB 101 Business International Requirement |
3 credits 3 or 4 credits
3 credits 3 credits 3 credits |
|
ENG 101 RST 101 MAT 106 or Elective ECO 102 Business International Requirement
|
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 or 16 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Sophomore Year |
|
|
|
|
MGT 101 ACC 211 ECO 255 Field of Knowledge (Math) MKT 201 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
PHI 101 ACC 212 ECO 256 ACC 307 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Junior Year |
|
|
|
|
ACC 301 ACC 303 FIN 201 Field of Knowledge Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC 302 ENG 389 Capstone Field of Know. A&S Elective
|
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Senior Year |
|
|
|
|
MGT 325 ACC 421 ACC 451 Business Elective** A&S Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC Elective* MGT 446 A&S Elective Elective Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Fifth Year |
|
|
|
|
ACC 415 ACC 426 Law 371 Elective Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC Elective* Elective Law 372 Elective Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
*Acc 416 and 425 recommended for CPA preparation
**Acc 331 or 452 recommendedRequirements for Graduation: To qualify for graduation with a B.S. degree in business administration with a major in Accounting, a candidate must complete all the graduation requirements outlined in this catalog and must have a cumulative average of 2.0 for all of the accounting and business law courses taken at Canisius College.
150 Hours - B.S./M.B.A.A.
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC 301-302 Intermediate Accounting I and II |
|
6 credits |
| ACC 303 Cost Accounting |
|
3 credits |
| ACC 307 Management and Accounting Information Systems |
|
3 credits |
| LAW 371 Business and Commercial Law |
|
3 credits |
| LAW 372 Business Organizations and Commercial Paper |
|
3 credits |
Graduate Portion —
| MBA 502 Organizational Behavior |
|
3 credits |
| MBA 507 Operations |
|
3 credits |
| MBA 508 Corporate Finance |
|
3 credits |
| MBA 620/621 Finance Elective |
|
3 credits |
| MBA 630 Marketing |
|
3 credits |
| MBA 641 Human Resources |
|
3 credits |
| MBA 690 Strategic Management |
|
3 credits |
| MBA 672 Advanced Commercial Law |
|
3 credits |
| MBA 715 Basic Taxation |
|
3 credits |
| MBA 716 Advanced Tax |
|
3 credits |
| MBA 721 Advanced Financial Reporting |
|
3 credits |
| MBA 725 Auditing Theory and Practice |
|
3 credits |
| MBA 726 Advanced Auditing |
|
3 credits |
| MBA 729 Not for Profit Accounting |
|
3 credits |
| MBA 751 Accounting Theory and Research |
|
3 credits |
| MBA Elective |
|
3 credits |
| Total 150 or 151 Credits |
NOTE: Students do not take MGT 325 or 446Typical Schedule:
| Fall |
|
|
Spring |
|
| Freshman Year |
|
|
|
|
FYS 101 MAT 105 or MAT 111 or MAT 115 ECO 101 Field of Knowledge Social Science ISB 101 Business International Requirement |
3 credits 3 or 4 credits
3 credits 3 credits 3 credits |
|
ENG 101 RST 101 MAT 106 or Elective ECO 102 Business International Requirement
|
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 or 16 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Sophomore Year |
|
|
|
|
MGT 101 ACC 211 ECO 255 MKT 201 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
PHI 101 ACC 212 ECO 256 (Stat) ACC 307 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Junior Year |
|
|
|
|
ACC 301 ACC 303 FIN 201 Field of Knowledge Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC 302 ENG 389 Capstone Field of Know. A&S Elective A&S Elective |
3 credits 3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
18 credits |
| |
|
|
|
|
| Senior Year |
|
|
|
|
MBA 715 MBA 721 MBA 751 LAW 371 A&S Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
MBA 716 MBA 725 MBA 507 MBA 690 LAW 372 |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Fifth Year |
|
|
|
|
MBA 672 MBA 726 MBA 502 MBA 508 MBA 630 |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
MBA 620/621 MBA 641 MBA 729 MBA elective |
3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
12 credits |
| Total 150 or 151 Credits |
Requirements for Graduation: To qualify for graduation with a B.S. degree in Accounting Information Systems, a candidate must complete all the graduation requirements outlined in this catalog and must have a cumulative average of 2.0 in all accounting courses taken at Canisius College.
120 hours - B.S. in Accounting Information Systems
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC 301 Intermediate Accounting I |
|
3 credits |
| ACC 303 Cost Accounting |
|
3 credits |
| ACC 307 Management and Accounting Information Systems |
|
3 credits |
| ACC 331 E-Business |
|
3 credits |
| ACC 340 Database Management |
|
3 credits |
| ACC 426 Information Systems Auditing |
|
3 credits |
| ACC 452 Enterprise Systems |
|
3 credits |
| MGT 370 Managerial Environment |
|
3 credits |
| Free Electives |
|
6-9 credits |
| Total 120-121 credits |
Typical Schedule:
| Fall |
|
|
Spring |
|
| Freshman Year |
|
|
|
|
FYS 101 MAT 105 or MAT 111 or MAT 115 ECO 101 Field of Knowledge Social Science ISB 101 Business International Requirement |
3 credits 3 or 4 credits
3 credits 3 credits 3 credits |
|
ENG 101 RST 101 MAT 106 or Elective ECO 102 Business International Requirement
|
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 or 16 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Sophomore Year |
|
|
|
|
MGT 101 ACC 211 ECO 255 Field of Knowledge (Math) MKT 201 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
PHI 101 ACC 212 ECO 256 ACC 307 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Junior Year |
|
|
|
|
ACC 301 ACC 303 FIN 201 Field of Knowledge Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC 331 ENG 389 Capstone Field of Know. A&S Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Senior Year |
|
|
|
|
ISB 340 ACC 426 MGT 325 MGT 370 A&S Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC 452 MGT 446 Free Elective Free Elective A&S Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Total 120-121 credits |
Requirements for Graduation: To qualify for graduation with a B.S. degree in Accounting Information Systems, a candidate must complete all the graduation requirements outlined in this catalog and must have a cumulative average of 2.0 in all accounting courses taken at Canisius College.
120 Hours - B.S. in Accounting
Course Requirements: In addition to the common liberal arts and business courses, students in this program will take:
| ACC 301-302 Intermediate Accounting I and II |
|
6 credits |
| ACC 303 Cost Accounting |
|
3 credits |
| ACC 307 Management and Accounting Information Systems |
|
3 credits |
| ACC 415 Basic Taxation |
|
3 credits |
| ACC Electives Elective courses in accounting |
|
3 credits |
| LAW 371 Business and Commercial Law |
|
3 credits |
| LAW 372 Business Organizations and Commercial Paper |
|
3 credits |
| Free Electives |
|
3-6 credits |
| Total 120-121 credits |
Typical Schedule:
| Fall |
|
|
Spring |
|
| Freshman Year |
|
|
|
|
FYS 101 MAT 105 or MAT 111 or MAT 115 ECO 101 Field of Knowledge Social Science ISB 101 Business International Requirement |
3 credits 3 or 4 credits
3 credits 3 credits 3 credits |
|
ENG 101 RST 101 MAT 106 or Elective ECO 102 Business International Requirement
|
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 or 16 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Sophomore Year |
|
|
|
|
MGT 101 ACC 211 ECO 255 Field of Knowledge (Math) MKT 201 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
PHI 101 ACC 212 ECO 256 ACC 307 Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Junior Year |
|
|
|
|
ACC 301 ACC 303 FIN 201 Field of Knowledge Field of Knowledge |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC 331 ENG 389 Capstone Field of Know. A&S Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Senior Year |
|
|
|
|
ACC 415 ACC elective A&S Elective A&S Elective LAW 371 |
3 credits 3 credits 3 credits 3 credits 3 credits |
|
ACC elective LAW372 MGT 325 MGT 446 Elective |
3 credits 3 credits 3 credits 3 credits 3 credits |
| Total |
15 credits |
|
Total |
15 credits |
| |
|
|
|
|
| Total 120-121 credits |
Requirements for Graduation: To qualify for graduation with a B.S. degree in business administration with a major in Accounting, a candidate must complete all the graduation requirements outlined in this catalog and must have a cumulative average of 2.0 for all of the accounting and business law courses taken at Canisius College.
COURSES: 2009 - 2011
ACC 201 Financial Accounting 3 credits
Introduction to accounting concepts for external financial reporting. Accounting theories and principles relative to asset and liability valuations, and income determination. Spring & FallACC 202 Managerial Accounting 3 credits
Introduction to accounting concepts for internal reporting and control. Cash budgeting, decision making, capital budgeting, tax aspects of managerial planning and performance evaluation. Prerequisite ACC201 Spring & FallACC 211-212 Principles of Accounting I and II 6 credits
Fundamental concepts and procedures of financial and managerial accounting with emphasis on asset and liability valuations, income determination and cash flows. Accounting applications of present value concepts, introduction to budgeting and product costing. For Accounting majors. ACC 211 Spring & Fall, ACC 212 SpringACC 301-302 Intermediate Accounting I and II 6 credits
In-depth accounting concepts and theories pertaining to external financial reporting. Emphasis on theories surrounding asset valuations, liabilities, income determination and cash flows. Prerequisites: ACC 211-212, junior standing and overall G.P.A. of 2.0. ACC 301 Spring & Fall, ACC 302 SpringACC 303 Cost Accounting 3 credits
Preparation and analysis of data utilized by management in planning and control decisions. Inventory valuation and reporting methods. Establishment and use of standards and budgets. Prerequisites: ACC 211-212, junior standing and overall G.P.A. of 2.0. Spring & FallACC 307 Management and Accounting Information Systems 3 credits
Development, organization, and implementation of accounting and management information systems. Emphasis on systems controls, processing cycles, and systems development life cycle. Prerequisites: ACC211 and ISB 101. Spring & FallACC 331 E-Business 3 credits
Challenges and strategies in electronic mediated business such as; electronic business relationships; electronic payment systems; virtual supply chains; product development strategies; legal security and privacy issues. Evaluation and construction of electronic business web sites through case studies and projects. Prerequisites: ACC 307 or concurrent registration. Spring
ACC 340 (ISB 340) Database Management 3 credits
Design and use of database management systems through host languages and user query languages. Data structures; database design; database access methods; alternate data models; database administration. Prerequisites: ACC 307 and ISB 101. Fall
ACC 415 Basic Taxation 3 credits
Provisions of Internal revenue Code affecting individuals and corporations; tax factors in planning and decision making; social, political and economic considerations underlying tax laws. There will be an emphasis on learning research and communications skills. Students will learn to prepare various business and accounting correspondence including, reports, memorandums, client and engagement letters. Prerequisite: ACC 212. Fall
ACC 416 Advanced Tax 3 credits
Internal Revenue Code provisions relating to taxation of corporations and shareholders; partnerships and partners including organization, reorganization, distribution and liquidation. Emphasis on Sub-Chapters “C,” “S” and “K.” Course includes learning oral and written presentations skills and techniques. Prerequisite: ACC 415. Spring
ACC 421 Advanced Accounting Problems 3 credits
Problem-solving techniques relative to mergers and consolidations; organization and liquidation of partnerships; introduction to fiduciary accounting for receivers, trusts and estates. Prerequisite: ACC 302. Fall
ACC 425 Auditing Theory and Practice 3 credits
Generally accepted auditing standards, internal control, professional liability of auditors, ethics of the profession, statistical sampling and the auditor’s report. Prerequisite: ACC 302. Spring
ACC 426 Information Systems Auditing 3 credits
Information system control design and auditing in the internet, electronic and paperless environment; management of security technology; operating and application system processing controls; prevention of unauthorized activity. Prerequisites: ACC 307 and ACC331 or ACC452 or ACC425. Fall
ACC441 Fraud Examination: Detection and Deterrence 3 credits
The course will concentrate on financial fraud, white-collar crime, how financial fraud is perpetrated, approaches to fraud investigations and documentation, and fraud detection and prevention. Ethical issues in fraud examination and investigation will be covered as well as strategies and tools for fraud deterrence in organizations. Prerequisites: ACC 301/302, ACC 425 or ACC 426. Fall
ACC 429 Not For Profit 3 credits
Accounting and reporting issues that apply to governmental units, hospitals, schools, religious institutions and other non-profit organizations; budgetary procedures including appropriations and encumbrances. Spring
ACC 451 Accounting Theory and Research 3 credits
Standard setting procedures at the US and international levels, accounting concepts and principles, contemporary accounting issues, concepts of income determination, extensive database research to support or oppose accounting positions and library research culminating in a research paper or class presentation. The course will also provide instruction in business/accounting written and oral communication. Prerequisite: ACC 302. Fall
ACC 452 Enterprise Systems 3 credits
Measuring the value of enterprise information; enterprise resource planning (ERP) system design and functionality; international accounting systems issues; data integrity; use of financial and non-financial information for corporate decision-making. Prerequisite: ACC307 Spring
ACC 499 Independent Research in Accounting 3 credits
Undertaking of a significant piece of independent research. By appointment with chairperson. Spring & Fall
LAW 371 Business and Commercial Law 3 credits
American legal system and substantive law of contracts, agency, bailments, sales, products liability. Uniform Commercial Code and cases. Prerequisite: ACC 212 or permission of instructor. Fall
LAW 372 Business Organizations and Commercial Paper 3 credits
Legal aspects of partnerships and corporations; advantages and disadvantages of each, together with commercial paper under Uniform Commercial Code; trade regulation; bankruptcy. Prerequisite: LAW 371. Spring
LAW 472 Advanced Commercial Law 3 credits
Foreign Corrupt Practices Act of 1977, secured transactions, accountant liability, real property, trusts and estates, and insurance. Prerequisite: LAW 372. Fall