How accountants measure and allocate the costs of operating a business. Topics include manufacturing costs, cost systems, analyzing cost variances, direct and absorption costing, operating budgets, and capital expenditure analysis. Cr ACC 328 Fund Accounting Accounting practices of governmental and non- profit organizations. This course provides an opportunity to compare the accounting assumptions of organizations with varying purposes and to explore the appropriateness of those assumptions. How accountants measure changes in partnership equity and how they record business combinations, mergers, and acquisitions.
Students have the opportunity to discuss a variety of financial reporting topics in seminar fashion.
The fundamentals of internal accounting control. Students learn about the role of an auditor, learn how public accountants gather the evidence they need to substantiate their audit reports, and learn about the contents of typical audit reports. A course for the senior accounting student preparing to assume professional accounting responsibilities. Students participate in a comprehensive review of accounting theory, financial reporting issues, cost accounting, tax accounting, business law, and auditing. Problem-solving exercises direct student attention to subjects that deserve individual study.