School of Business Administration
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ACCT 281. Principles of Financial Accounting. (3-0-3); I, II.

An introduction to financial accounting and financial reporting for business. Topics covered include: how decision makers use balance sheets, income statements, and other information found within financial statements; the accounting cycle; accounting and reporting of balance sheet accounts and their articulated income statement accounts.

ACCT 282. Principles of Managerial Accounting. (3-0-3); I,II. Prerequisite: ACCT 281.

An introduction to managerial accounting and decision making. Topics covered include: job order costing, process costing, activity-based costing, cost-volume-profit relationships, the statement of cash flows and financial statement analysis.

Interpretation and development of accounting and financial data and statements incorporating spreadsheet analysis and applications. Cross listed with FIN 375.

ACCT 381. Intermediate Accounting I. (3-0-3); on demand. Prerequisites: ACCT 281 and 282 with a minimum grade of “C.”

The first of three intermediate-level financial accounting courses. Topics covered will include study of: the environment under which accounting standards are established; the conceptual framework for financial accounting; the accounting cycle; requirements for the presentation of the income statement, balance sheet, and statement of cash flows, time value of money concepts; and accounting for cash, accounts receivable and inventories.

ACCT 382. Intermediate Accounting II. (3-0-3); on demand. Prerequisite: ACCT 381 with a minimum grade of “C.”

The second of three intermediate-level financial accounting courses. Topics covered will include accounting for: acquisition and depreciation of fixed assets, intangible assets, current liabilities, contingencies, longterm liabilities, stockholders’ equity, retained earnings, dilutive securities, earnings per share, investments, and revenue recognition.

ACCT 383. Intermediate Accounting III. (3-0-3); on demand. Prerequisite: ACCT 381.

The third of the three intermediate-level financial accounting courses. Topics covered will include accounting for: income taxes, pensions, post retirement benefits, leases, changes and errors, and changing prices. Other topics include the cash flow statement, basic financial statement analysis, and methods of full disclosure.

ACCT 387. Income Tax. (3-0-3); I. Prerequisite: ACCT 282 with a minimum grade of “C.” 

Income tax legislation, federal and state; returns for individuals; gross income; basis for gains and losses; capital gains and losses; dividends; deductions; withholding.

ACCT 388. Practice in Personal Tax Accounting. (3-3-3); II. Prerequisite: ACCT 387 and consent of instructor.

Income tax legislation, federal and state; preparing returns for elderly and low income individuals; gross income; capital gains and losses; dividends; interest; deductions; withholdings. Available for option credit.

ACCT 390. Cost Accounting I. (3-0-3); on demand. Prerequisite: ACCT 282 with a minimum grade of “C.” 

Control and classification of manufacturing costs, job order and process cost analysis; materials, labor, and overhead analysis; joint and by-product costing.

ACCT 391. Accounting Information Systems. (3-0-3); on demand. Prerequisite: ACCT 282 with a minimum grade of “C.”

Examination of accounting information systems within a context of contemporary technology. The course focuses on terms, concepts, and technology found within the accounting information systems environment; accounting cycles and control of accounting information systems; theory and practices relating to systems development; and reporting practices related to accounting information systems.

ACCT 399. Selected Workshop Topics. (1 to 4 hrs.); on demand.

Workshops on various accounting subjects will be presented periodically. These workshops supplement the basic accounting courses. Credit toward degree programs must be approved by the student’s advisor and the department chair.

ACCT 428. Governmental Accounting. (3-0-3); on demand. Prerequisite: ACCT 282 or equivalent with a minimum grade of “C.”

Study of fund accounting techniques for government accounting terminology and budgeting processes; operations of general revenue and expense, capital project, debt service, trust, intragovernment, special assessment, and enterprise funds analysis of fixed assets and liabilities, and basics of hospital and public school fund accounting.

ACCT 439. Cooperative Education IV. (1 to 8 hrs.); I, II. Prerequisite: consent of departmental cooperative education coordinator required.

Work experience with an in-depth exposure representative of the student’s academic level and experience analogous to a senior-level status. Maximum of three hours of cooperative education credit (ACCT 339/439) available for option credit.

ACCT 475. Controllership. (3-0-3); on demand. Prerequisite: ACCT 282 or equivalent with a minimum grade of “C.”

Emphasis on appreciation of the function of the controller in a contemporary business organization. Planning for control, reporting, and interpreting operation results, evaluating new programs, tax administration and other types of required government reporting, economic appraisal of programs, and the protection of assets.

ACCT 476. Special Problems in Accounting. (1 to 3 hrs.); on demand. Prerequisite: completion of 18 hrs. in accounting, senior standing in accounting and consent of department chair.

This course is an independent study of an accounting problem of special interest. Students must present in writing a suggested problem and justification for the study prior to registration. Each request will be considered on its own merit in relation to the special needs of the students.

ACCT 482. Advanced Accounting. (3-0-3); on demand. Prerequisite: ACCT 382 with a minimum grade of “C.” 

Accounting for requisitions, consolidations, and mergers; purchasing and pooling methods of business combinations, parent and subsidiary accounting for consolidated balance sheets; income statements; statement of changes in financial position; international operations; partnerships; installment sales; consignments; home office and branch accounting.

ACCT 483. Auditing. (3-0-3); on demand. Prerequisite: ACCT 382 with a minimum grade of “C.”

Accounting principles applied to internal control systems; audit working papers; detail audit; internal audit; special and fractional audits; audit reports; tests and procedures used in auditing, ethical responsibilities of CPAs.

ACCT 485. Forensic Accounting. (3-0-3); on demand. Prerequisites: ACCT 381 and ACCT 387 with a minimum grade of “C.”

An introduction to the fundamental concepts, as well as the more complex and developing issues of modern forensic accounting. Topics include: fraud auditing, litigation support, cybercrime, and business valuations.

ACCT 486. Accounting Internship. (1 to 4 hrs.); on demand. Prerequisites: completion of 18 hrs. in accounting and consent of department chair.

On-the-job professional experience in accounting working under the supervision of a CPAarranged through cooperating public accounting firms and governmental agencies.

ACCT 487. Advanced Tax Accounting II. (3-0-3); on demand. Prerequisite: ACCT 387 with a minimum grade of “C.”

Federal income tax report preparation with emphasis on partnership and corporation returns; estate and trust taxation; gift tax; special problems in taxation, tax research.

ACCT 490. Cost Accounting II. (3-0-3); on demand. Prerequisite: ACCT 390 with a minimum grade of “C.”

Cost analysis for planning, evaluation, and control. Standard costs, direct costing, budgets, cost and profit analysis, alternative choice decisions, linear programming, capital budgeting.