Includes branch accounting, cost accounting, and financial statement analysis. Using accounting system software on the personal, work group, and organizational levels including transaction processing systems, decisions support systems, and internal control systems. Data base is linked to organizational systems for business types of sole proprietorships, partnerships, corporations and non-profit accounting systems. ACTG 341 Intermediate Accounting I Credit 3 hours Investigation of theoretical accounting concepts relating to financial statement presentation and an in-depth study of accounting concepts related to assets. Accounting concepts relating to assets and liabilities are presented.
Emphasis is placed on stockholder's equity in the study of corporate accounting.
ACTG 343 Intermediate Accounting III Credit 3 hours Accounting theory and special topics on income determination and reporting are presented. Financial statement and business entity analysis will be performed. Computer application problems and cases may be included. ACTG 430 Personal Income Tax Credit 3 hours Federal income and state tax-statutes, tax forms and regulations. Preparation of individual income tax returns and partnership returns.