ACC 2013. Principles of Financial Accounting - 3 hours (Fall, Spring) An introduction to the concepts and principles underlying accounting and financial information as used in operating a business. Basic fundamentals of financial accounting from both a preparer’s and a user’s perspective will be presented. The impact of business events on an entity’s financial position will be emphasized through an understanding of an organization’s operating, investing, and financial activities. Prerequisite: 24 hours completed.

ACC 2043. Principles of Managerial Accounting - 3 hours (Fall, Spring) A study of managerial accounting that focuses on the role of accounting in the improvement of management practices and pays specific attention to: cost accumulation, cost behavior, accounting analysis, budgeting, management decision-making and control, time-value-of-money and capital budgeting. Prerequisite: ACC 2013.

ACC 2951-4. Special Topics in Accounting - 1-4 hours (On demand) Topics will vary with each offering; therefore, the course may be repeated for credit. Note: Depending on the topic, there may be an additional fee.

ACC 3023. Managerial Cost Accounting - 3 hours (Fall) Emphasizes cost accumulation by specific order, process, and overhead cost methods as managerial tools in planning, monitoring, and controlling organization activities. Additional focus is on the improvement of management practices through understanding the behavior of costs, budgeting, and accounting analysis. Prerequisite: ACC 2043.

ACC 3024. Intermediate Accounting I - 4 hours (Fall) Comprehensive study of current accounting principles and their application to the measurement and the reporting of assets and liabilities with emphasis on their effect on income and expense recognition. The concept of time-value-of-money as it relates to accounting is introduced. Prerequisite: ACC 2043.

ACC 3033. Accounting Information Systems - 3 hours (Spring) Study of accounting information systems, accounting-related information, and computer software as applied to the financial reporting and managerial decision-making needs of businesses and organizations. A primary focus will be applying these principles through the use of accounting and business software to organize, process, and manage financial information for reporting and management purposes. Course fee: $21. Prerequisite: ACC 3024.

ACC 3034. Intermediate Accounting II - 4 hours (Spring) Continuation of ACC 3024 with emphasis on the liability and the stockholders' equity sections of the balance sheet. Includes a study of financial statement analysis, the cash flow statement, and specific accounting issues such as investments, revenue recognition, income tax accounting, pensions/post-retirement benefits, leases, accounting changes and errors, earnings per share and segment reporting. Prerequisite: ACC 3024.

ACC 3063. Tax Accounting I - 3 hours (Fall) Course deals with federal tax laws. Primary emphasis placed upon research of federal tax treatment and tax planning of business transactions in the preparation of individual tax returns. Prerequisite: ACC 2043.

ACC 3073. Tax Accounting II - 3 hours (Spring) Continuation of ACC 3063. Course deals with federal tax laws as they pertain to partnerships, corporations, gifts, estates and trusts. Special emphasis on research of tax treatment and tax planning of capital changes, securities, foreign income and specially taxed entities. Prerequisite: ACC 3063.

ACC 4013. Advanced Accounting - 3 hours (Fall) Study of financial accounting principles as applied to partnerships, consolidations, foreign exchange and selected specialized areas of accounting practice. Prerequisite: ACC 3034.

ACC 4044. Auditing - 4 hours (Spring) Emphasis on the objectives of audits, duties and obligations of the auditor, principles and procedures utilized in conducting an audit. Prerequisite: ACC 3034.

ACC 4053. Accounting for Government and Not-For-Profit Entities - 3 hours (Spring) Study of the accounting principles applicable to federal, state and local government units and other not-for-profit organizations; emphasis on the use of funds in recording and analyzing unit operations. Prerequisite: ACC 3024.

ACC 4061. CPA Review: Auditing and Attestation - 1 hour (On demand) A self-study review of current financialstatement auditing and attestation principles, objectives, and procedures. Prerequisite: 23 hours of accounting.

ACC 4071. CPA Review: Financial Accounting and Reporting - 1 hour (On demand) A self-study review of current financial accounting standards and procedures to account for and report financial transactions and events of organizations. Prerequisite: 23 hours of accounting.

ACC 4081. CPA Review: Regulation - 1 hour (On demand) A self-study review of regulatory issues such as federal taxation, business law, and ethics as it relates to the accounting profession. Prerequisite: 23 hours of accounting.

ACC 4091. CPA Review: Business Environment and Concepts - 1 hour (On demand) A self-study review of general business issues and concepts needed to understand the business reasons for, and accounting implications of, business transactions. Prerequisite: 23 hours of accounting.

ACC 4951-4. Intensive Studies in Accounting - 1-4 hours (On demand) Topics vary with each offering; therefore, the course may be repeated for credit.

ACC 4981-3 Internship in Accounting - 1-3 hours (Fall, Spring, Summer, Winterfest) Academically planned and supervised work experience in areas of the student's major within business or other organizations, approved by the faculty advisor and department chair as an enhancement to the student's educational preparation at SBU. Written reports will be required of the student and performance reports from the employer. A maximum of six semester hours of internships may be applied to the major. Prerequisites: 60 hours completed.

ACC 4991-3. Independent Study in Accounting - 1-3 hours (On Demand) Independent study of some problem or area not covered in organized courses under the direction of a department member in whose field of specialization the problem area lies. Prerequisites: 3.00 GPA in major field, and 60 hours completed.