This course is an introduction to financial and managerial accounting. It takes a wholistic approach by providing instruction in both disciplines in an integrated format. The course’s primary focus is on developing students’ ability to interpret accounting information for business decision making. Financial accounting topics include basic accounting processes and procedures, financial statement preparation and analysis, internal control, and the valuation and measurement of accounts included in financial reports. Managerial accounting topics include methods of costing products and services, cost-volume-profit analysis, and budgeting. Corequisite(s): CIS 111.

This course is a continuation of the study of financial accounting theory and practice; it emphasizes the recognition and measurement of assets. Topics include the conceptual framework of accounting, the time value of money, and financial statement preparation (income statement, statement of changes in equity, and balance sheet). Accounting Standards Codification research is introduced. Prerequisite: Financial and Managerial Accounting.

 

This course focuses on the development of research, writing, presentation, and communication skills necessary to be effective in an accounting career. It explores the accounting profession and develops students' abilities to navigate various accounting career paths. Topics include professional accounting publications and organizations, public speaking, and business e-communication. Students interview current practitioners and engage in professional activities, e.g., conference attendance.