Upon completion, students should be able to analyze and interpret cost information and present this information in a form that is usable by management. Accounting computer problems involving preparation and completion of spreadsheets are integrated throughout the course. This course provides an advanced in-depth study of selected topics in accounting using case studies and individual and group problem solving. Topics include cash flow, financial statement analysis, individual and group problem solving, practical approaches to dealing with clients, ethics, and critical thinking. As part of this course, students may be required to prepare a sample joint income tax return for a married couple, establish and use an accounting system, and use a microcomputer to record accounting information.
Emphasis is on various budgetary accounting procedures and fund accounting.
Upon completion, students should be able to demonstrate an understanding of the principles involved and display an analytical problem-solving ability for the topics covered. This course covers the overall framework of the process of conducting audits and investigations. Emphasis is on collecting data from working papers, arranging and systematizing the audit, and writing the audit report. Upon completion, students should be able to demonstrate competence in applying the generally accepted auditing standards and the procedures for conducting an audit. As part of the course, students prepare and complete audit procedure working papers using computer software.