Provides an understanding of accounting concepts, assumptions, and principles. Progresses to evaluation of accounting data for plant assets, current liabilities, deferrals and accruals, intangibles, payables, and payroll. Introduces accounting for corporations as related to stocks, bonds, and corporate earnings. Introduces partnership accounting and, in addition, introduces the statement of cash flows.

1. Apply accounting concepts related to plant assets and re-associated expense items.
2. Discuss current liabilities, long-term liabilities, and their amortization.
3. Prepare transactions related to partnerships and corporations’ stockholder equity, and issue the related financial statements.
4. Analyze the accounting concepts and journal entries required for long-term liabilities.
5. Determine the concepts for investments and the related accounting transactions.
6. Prepare a statement of cash flows and report on investments in international operations.
7. Compute ratios used in analyzing a firm’s liquidity, profitability, and solvency.
8. Review the use of ratio analysis for evaluating business performance.
8.  Use technology and information resources to research issues in financial accounting.
9. Write clearly and concisely about financial accounting using proper writing mechanics.

This course provides an in-depth study of accounting theory and a review of the accounting cycle. It concentrates on the conceptual framework underlying financial accounting, the preparation of financial statements, the time value of money, and the valuation of cash, temporary investments and receivables. The course refers to pronouncements of the Financial Accounting Standards (FASB) and the American Institute of Certified Public Accountants (AICPA).

1. Describe and analyze the reasons for the basic procedures of the financial accounting cycle including the use of the journal and ledger, creation of a trial balance, and preparation of adjusting and closing entries.
2. Describe and evaluate the importance of the professional environment of financial accounting, the functions of related organizations such as the SEC, the AICPA, the FASB and its predecessors, and the creation of Financial Accounting Standards, the conceptual framework, and other sources of GAAP.
3. Analyze the functions and the main sections of the four primary financial accounting statements: the income statement, the statement of retained earnings, the balance sheet, and the statement of cash flows.
4. Prepare the main sections of the four primary financial accounting statements: the income statement, the statement of retained earnings, the balance sheet, and the statement of cash flows.
5. Describe and evaluate the importance of the functions of International financial standard-setting organizations such as the IASB, IFRIC, IASCF and the IFRIC, the hierarchy of IFRS, and international accounting convergence.
6. Analyze and explain the reasons for using the basic time value concepts and present value measurement.
7. Calculate basic time value concepts and present value measurement.
8. State the financial accounting practices and prepare typical journal entries related to cash, accounts receivable, and notes receivable.
9. Use technology and information resources to research issues in intermediate accounting.
10. Write clearly and concisely about intermediate accounting using proper writing mechanics.

Topics covered include the accounting for inventories; property, plant, and equipment; intangible assets; current liabilities, non-current liabilities, and contingencies; and stockholders’ equity. The material refers to pronouncements of the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA).

1. Demonstrate, analyze, and explain the proper accounting for valuation of inventories using a cost-basis approach.
2. Demonstrate, analyze, and explain the proper accounting for inventories involving additional valuation issues.
3. Demonstrate, analyze, and explain the proper accounting for acquisition and valuation of property, plant, and equipment; valuation; costs subsequent to acquisition; and disposition of plant assets.
4. Demonstrate, analyze, and explain the proper accounting for depreciation, impairments, and depletion.
5. Demonstrate, analyze, and explain the proper accounting for intangible assets.
6. Demonstrate, analyze, and explain the proper accounting for current liabilities and contingencies.
7. Demonstrate, analyze, and explain the proper accounting for long-term liabilities.
8. Prepare, analyze, and explain the proper accounting for stockholders’ equity.
9. Prepare, analyze, and explain the proper accounting for dilutive securities and earnings per share.
10. Articulate the standards and differences of GAAP and IFRS.
11. Use technology and information resources to research issues in intermediate accounting.
12. Write clearly and concisely about intermediate accounting using proper writing mechanics.

Topics covered include the accounting for investments, revenue recognition, income taxes, pensions and postretirement benefits, and leases; accounting changes and error analysis; preparation of the statement of cash flows; and full disclosure in financial reporting. The material refers to pronouncements of the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA).

1. Demonstrate the proper accounting for investments, revenue recognition, income taxes, pensions and postretirement benefits, leases, and accounting changes and error analysis, including the required journal entries and supporting calculations.
2. Apply IFRS concepts and applications.
3. Analyze the reasons for and evaluate the importance of proper accounting for selected areas, such as: investments, revenue recognition, income taxes, pensions and postretirement benefits, leases, and accounting changes and error analysis, including the required journal entries and supporting calculations.
4. Prepare a statement of cash flows under the indirect method; analyze and explain the reasons for using the indirect method.
5. Analyze and explain the requirements for full disclosure in financial reporting.
6. Evaluate the importance and impact of full disclosure or non-disclosure in accounting practices.
7. Use technology and information resources to research issues in intermediate accounting.
8. Write clearly and concisely about intermediate accounting using proper writing mechanics.

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Provides a comprehensive study of the types of taxes imposed by federal, state, and local authorities. Concepts covered include income realization, property and depreciation, tax deductions and credits, and rules related to capital gains and losses.

1. Examine the types of taxes imposed at the federal, state, and local levels, the federal tax formula, and the rules for arriving at personal and dependency exemptions.
2. Analyze the concepts of gross income and distinguish between the economic, accounting, and tax concepts of gross income and strategies to minimize gross income, maximize deductions, and minimize disallowance of deductions.
3. Compute tax liability including various tax credits payments and how to calculate the income tax liability based upon the federal tax formula
4. Analyze the concepts related to property, including depreciation, cost recovery, and amortization and depletion.
5. Examine tax deductions from income related to employee expenses and self-employed related expenses.
6. Analyze deductions from income, including medical expense, state and local taxes, interest, charitable deductions, personal and business expenses, and limitations on deductions.
7. Examine the tax rules related to investor losses and tax credits.
8. Analyze property transactions to determine gains or losses, capital assets, and the tax treatment for gains and losses. 
9. Analyze property considered under the capital gain rules, capital gains and losses, Section 1231, and recapture provision.
10. Use technology and information resources to research issues in federal taxation. 
11. Write clearly and concisely about federal taxation using proper writing mechanics.

Covers the federal taxation of corporations, partnerships, and S corporations. Examines the administrative power of the IRS and tax concepts related to gifts, trusts, and estates.

1. Examine the tax rules that are unique to corporations and the basic concerns relevant to shareholders and the corporation.
2. Analyze the concepts of earnings and profits distribution, tax treatment for dividends to individual shareholders, tax impact of stock sales and redemption, liquidations, and reorganizations.
3. Examine the tax rules and treatment related to partnerships.
4. Analyze the concepts and tax treatment related to S corporations.
5. Examine the concepts and tax treatment of exempt organizations.
6. Analyze the U.S. tax provisions affecting U.S. persons earning foreign-source income, and for nonresident alien individuals and foreign corporations.
7. Examine the administrative powers of the IRS, the audit process, taxpayer appeal, and professional ethics.
8. Analyze the concepts and federal tax laws related to gifts and estates.
9. Analyze the concepts and federal tax regulations for trusts and estates.
10. Use technology and information resources to research issues in corporate federal taxation.
11. Write clearly and concisely about corporate federal taxation using proper writing mechanics.

This course covers accounting procedures relating to the job-costing system, cost-volume-profit analysis, activity-based costing, the master budget, flexible budgets, responsibility accounting, variance analysis, inventory costing, and capacity analysis.

1. Analyze the accountant’s role in the organization.
2. Explain the various terms used in cost accounting and how they interrelate.
3. Examine the assumptions of cost-volume-profit analysis.
4. Discuss the allocation of costs to divisions, plants, departments, contracts, and products.
5. Analyze activity-based costing and activity-based management.
6. Analyze the advantage of budgeting, the preparation of a master budget, and other forms of planning.
7. Compare and contrast the various management uses of variances.
8. Describe costing methods for inventory control, denominator-level capacity concepts, and cost capacity analysis.
9. Use technology and information resources to research issues in cost accounting.
10. Write clearly and concisely about cost accounting using proper writing mechanics.

Covers accounting for home office and branches, business combinations, and consolidations. Provides continuation of the preparation for the CPA examination as well as various techniques for solving some of the more complex problems in the business environment.

1. Examine the business combination planning and accounting process.
2. Analyze the accounting requirements for business combination and prepare the financial statements for the consolidation of subsidiaries on the date of acquisition.
3. Analyze the accounting requirements for business combination and prepare the financial statements for the consolidation of subsidiaries after the acquisition.
4. Explain and prepare the accounting for inter-company transactions.
5. Analyze the effect of allocation and depreciation of difference between implied and book values.
6. Analyze special issues related to business consolidations including changes in ownership, insolvency, liquidation, and reorganization.
7. Examine the similarities and differences between US GAAP and IFRS, and the related requirements for accounting in the international marketplace.
8. Analyze the accounting requirements for the translation of financial statements of foreign affiliates.
9. Examine the requirements for reporting related to segments and for interim financial periods.
10. Examine the elements of partnerships and the related accounting required for partnerships.
11. Use technology and information resources to research issues in advanced accounting.
12. Write clearly and concisely about advanced accounting using proper writing mechanics.

Covers theory of auditing, including the educational and moral qualifications for auditors, as well as the role of the auditor in the American economy. Emphasizes professional standards, professional ethics, and the legal liability of auditors. Comprehensively covers planning and designing the audit program, gathering and summarizing evidence, and evaluating internal control.

1. Analyze the required generally accepted auditing standards, professional ethics, and legal liability of the auditor.
2. Assess how the Sarbanes-Oxley Act has affected auditing.
3. Evaluate an audit report.
4. Analyze the American Institute of Certified Public Accountants (AICPA) Code of Professional Ethics and apply it to specific auditing situations.
5. Plan and design a generalized audit program.
6. Determine the nature and extent of evidence accumulated to conduct an audit after considering the unique circumstances of an engagement.
7. Evaluate a company’s various risk factors and the related impact to the audit process.
8. Evaluate objectives for conducting audits and compare management and auditors responsibilities.
9. Evaluate effective internal controls that minimize audit risk and potentially reduce the risk of fraud.
10. Assess the impact of information technology and the audit process and the resulting impact to the overall audit plan and program.
11. Apply auditing procedures to various business cycles and transactions.
12. Use technology and information resources to research issues in auditing.
13. Write clearly and concisely about auditing using proper writing mechanics.

This course analyzes accounting principles and procedures unique to federal, state, and local governments, and not-for-profit organizations. It illustrates financial statements and reports prepared for each type of entity, fund, and account group. The course explores the role of the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB) in establishing accounting standards and disclosure requirements for governments and not-for-profit organizations.

1. Assess government and not-for-profit financial reporting and how it differs from for-profit businesses.
2. Assess the purpose of fund accounting, the types of funds used by governments and not-for-profits, and the basic government and fund statements.
3. Evaluate the financial reporting of government not for profit organizations and assess the reporting requirements in accordance with governmental accounting standards board (GASB).
4. Analyze governmental activities related to revenue.
5. Analyze governmental activities related to expenditures and expenses.
6. Analyze governmental activities related to capital projects, debt service, capital assets, and investment in marketable securities.
7. Analyze governmental activities related to long-term debt obligations.
8. Assess the process that governments use to account for permanent and fiduciary funds.
9. Assess the accounting and financial reporting requirements for not-for-profit organizations.
10. Evaluate the auditing process for governments and not-for-profit organizations.
11. Analyze the complexities of financial analysis, including assessing economic conditions, calculating, and interpreting financial ratios.
12. Use technology and information resources to research issues in government and not-for-profit accounting.
13. Write clearly and concisely about government and not-for-profit accounting using proper writing mechanics.

Examines integral aspects of purchasing and materials management including function, organization, quality and quantity considerations, pricing policies, supplier selection, and ethical and legal implications. Reviews purchasing procedures, value analysis, inventory control, warehousing and traffic, capital equipment, make-or-buy decision-making, automation, budgets, and institutional and governmental purchasing practices.

1. Explain the functions, roles, and terminology of purchasing and supply management.
2. Recognize the alignment of purchasing and supply management with an organization’s goals and strategies.
3. Describe the Purchasing and Supply Management process and technology.
4. Explain make or buy, insourcing, and outsourcing decisions.
5. Identify various methods of identifying supply need and specification.
6. Explain the dichotomy of profit leverage and expense effects of purchasing and supply management in an organization.
7. Discuss the roles of quality, quantity, inventory, and delivery in purchasing and supply management.
8. Discuss price and cost management in making supply decisions.
9. Describe supplier selection, evaluation, supply research opportunities, and future trends.
10. Explain the legal and ethics considerations in purchasing and supply management.
11. Describe global supply management.
12. Use technology and information resources to research issues in purchasing and supply management.
13. Write clearly and concisely about issues in purchasing and supply management using proper writing mechanics.

Surveys the practice of public relations in business, nonprofit organizations, and governmental institutions. Examines the major forms of media used in public relations: news releases, broadcast publicity, public service announcements, and institutional advertising.

1. Explain the basic functions of public relations, how it can be used to support corporate goals, and how it can be integrated into marketing strategy.
2. Analyze a communication process, identify dysfunctional aspects of the process, and develop action plans to improve the communications.
3. Incorporate ethical and legal parameters in planning and executing public relations actions.
4. Formulate and plan the implementation of public relations strategies to accomplish stated public relations objectives relative to various publics (media, employees, communities, governments, consumers, and international entities).
5. Develop a public relations research plan to analyze audiences, assess alternatives, and develop needed information to support decisions.
6. Formulate and plan the implementation of public relations strategies to deal with crisis situations.
7. Use technology and information resources to research issues in public relations.
8. Write clearly and concisely about public relations issues using proper writing mechanics.

Examines the applications of ethical principles through consideration of typical problem areas encountered in organizations. The course focuses on the ethical perspectives of business decision-making and policy development in a variety of key areas including individual behavior, human resource management, work environments, marketing, property rights, and international business. The analysis of case situations will illustrate the application of various ethical approaches (utility, individual rights, and justice) in managing organizations.

1. Explain the considerations for and process of ethical business decision making to balance corporate and social responsibilities and address moral, economic, and legal concerns.
2. Analyze selected business situations using the predominant ethical theories, such as utilitarian, Kantian, and virtue ethics to guide ethical business decision making.
3. Explain the concepts of justice and the factors that constitute rights using the predominant ethical theories such as utilitarian, Kantian, and virtue ethics.
4. Explain the role of free trade and government in an economic system, the key features of capitalism, and the critical business ethics issues associated with international business.
5. Recommend viable policy options that address the selected business areas, reflect key ethical considerations, and foster an ethical work environment.
6. Analyze the concepts of public safety and government regulation along with the role of business responsibility. 
7. Recommend ways in which businesses can be partners with nature by applying the concepts of business ethics, business ecology, and environmental ethics.
8. Describe the implications and impact of various civil liberty laws in the workplace, such as hiring, promotion, discipline, discharge, and wage discrimination.
9. Analyze the effects of unethical actions by company officials on the company, its employees, and society.
10. Analyze the ethical issues related to job discrimination, affirmative action, and sexual harassment.
11. Use technology and information resources to research issues in business ethics.
12. Write clearly and concisely about business ethics using proper writing mechanics.

Examines the considerations for human resource management in support of global business operations. Analyzes the sources of labor, business strategy, corporate culture, and cultural differences as elements of global human resource planning. Reviews fundamental human resource issues such as compensation, productivity, and training.

1. Describe the nature of globalization, cultures, and labor markets, and assess the impact on human resource management (HRM). 
2. Analyze international business strategy to identify human resource requirements and formulate supporting HRM plans that can improve productivity and contribute to the firm’s competitiveness.
3. Analyze staffing alternatives for foreign operations and address the considerations for the use of expatriates versus localization or third-country nationals.
4. Analyze recruiting and selection strategies that can be used to effectively meet organizational requirements for operating in multiple countries.
5. Examine training programs to improve performance throughout a multinational corporation and address the considerations for effective learning in a diverse workforce of expatriates, host country nationals, and third-country nationals.
6. Analyze performance management processes to assess and improve performance throughout a multinational corporation.
7. Examine compensation strategies to support international operations and balance global operational efficiencies with responsiveness to local labor conditions.
8. Analyze effective approaches to the broad spectrum of employee relations issues, including fostering ethical behavior, labor relations, and work conditions.
9. Use technology and information resources to research issues in global HRM.
10. Write clearly and concisely about global HRM issues using proper writing mechanics.