ACCT101: Introduction to the Theory and Practice of Accounting I
4 hr.; 3 credits
First course for accounting majors. Also gives nonmajors a fundamental understanding of the language of business as expressed in financial reports.
Prerequisites: Upper freshman standing

ACCT102: Introduction to the Theory and Practice of Accounting II
4 hr.; 3 credits
Continuation of Accounting 101
Prerequisites: Accounting 101 and sophomore standing

ACCT201: Intermediate Accounting I
4 hr.; 3 credits
Intensive study of the theories of financial accounting, generally accepted accounting principles, and applications thereof. Relevant opinions and statements of the AICPA, FASB, and SEC.
Prerequisites: Accounting 102 and sophomore standing

ACCT202: Intermediate Accounting II
3 hr; 2 credits
Continuation of Accounting 201. Relevant mathematical principles and applications thereof to accounting. Relevant opinions and statements of the AICPA, FASB, and SEC.
Prerequisites: Accounting 201 and junior standing

ACCT261: Business Law I
3 credits
Introduction to the law. Seeks to provide majors and nonmajors with an understanding of the law and the social forces that shape it. The basic structure through which law is implemented and enforced is reviewed, in addition to the specific rules of law relating to contracts, trusts, and estates.
Prerequisites: Junior standing.

ACCT305: Cost Accounting
3 hr.; 2 credits
The concepts and procedures used to account for the cost of manufacturing and selling, with their practical application in different types of cost accumulation systems (i.e., job-order costing, process costing, joint product costing, standard costing, and direct costing).
Prerequisites: Accounting 201 and junior standing

ACCT306: Quantitative Techniques in Planning and Control
4 hr.; 3 credits
The application of quantitative and programming techniques in managerial decision making, including probability analysis, mathematical programming, network models, queuing theory, Monte Carlo simulation, and regression/correlation analysis, inventory models, and capital budgeting.
Prerequisites: Accounting 305, Economics 241, Economics 249, and junior standing

ACCT311: Advanced Accounting
4 hr.; 3 credits
Theory of accounting applicable to problems peculiar to large-scale business operations, including the problems of accounting for installment sales, consignment sales, branch operations, mergers, insolvencies, liquidations, and the preparation of consolidated financial reports. Relevant opinions and statements of the AICPA, FASB, and SEC.
Prerequisites: Accounting 202 and junior standing

ACCT350: Financial Statement Analysis
3 credits
Analysis is made of financial statements from the perspective of users and preparers of financial reports including investors, creditors, auditors, accountants, and management. Financial statements and related disclosures will be analyzed to gain a perspective on the company’s health.
Prerequisites: Accounting 202

ACCT355: Accounting in International Environment
3 credits
This advanced-level course takes up the accounting, tax, and control problems and procedures arising from the flow of goods, services, money, and investments across national frontiers.
Prerequisites: Accounting 306

ACCT361: HAS NOW BEEN RENAMED ACCT261 - Business Law I
3 credits
Introduction to the law. Seeks to provide majors and nonmajors with an understanding of the law and the social forces that shape it. The basic structure through which law is implemented and enforced is reviewed, in addition to the specific rules of law relating to contracts, trusts, and estates.
Prerequisites: Junior standing.

ACCT367: Federal and New York State Taxes
4 credits
An introduction to the federal income tax as it relates to individuals. Particular emphasis is given to the basic multi-tiered tax structure. The underlying concepts of basis, inclusion, exclusion, deduction, are defined, utilizing the Internal Revenue Code and related material. Special classes of taxpayers including partnerships, estates, trusts, corporations of various types, and foreign taxpayers are considered as well as accounting and procedural rules.
Prerequisites: Accounting 102 and senior standing