2009-11 Marian University Course Catalog, fall 2010 edition

ACC 210
Principles of Accounting I 3 credits
An introduction to accounting principles, practices, and
systems for sole proprietorship, service, and merchandising
businesses. Study includes the basic accounting model and
the measuring and reporting of assets and current liabilities.
Computer applications are utilized. (FAL)
ACC 211
Principles of Accounting II 3 credits
Prerequisite: 210. An introduction to accounting for
corporations and manufacturing businesses. Study includes
special reports, analysis of accounting information, and an
introduction to managerial accounting. Computer
applications are utilized. (SPR)
ACC 310
Advanced Managerial Accounting 3 credits
Prerequisite: 211. A study of management’s use of accounting
information through the preparation, analysis, and
interpretation of financial statements and reports. Study
includes the fundamentals of managerial accounting—
planning, budgeting, controlling, and performance
measurement. Other topics include capital expenditure
analysis, analysis of financial statements, and time value of
money concepts. Computer applications and financial
calculators are utilized. (FAL)
ACC 311
Advanced Cost Accounting 3 credits
Prerequisite: 211. A study of cost analysis, activity-based
costing, short-term decision making, responsibility
accounting, divisional performance measurement, and cost
centers as they apply to cost systems. Study also includes the
principles and procedures of accounting for materials, labor,
and overhead as they apply to job order costing, process
costing, and standard cost systems. Computer applications
are utilized. (ADD)
ACC 320
Intermediate Financial Accounting I 3 credits
Prerequisite: 211. An advanced study of generally accepted
accounting principles applied to financial reporting of
corporate business enterprises. Study includes the financial
accounting environment, the accounting information system,
basic financial statements, and the accounting cycle. Financial
calculators and cases are utilized. (FAL)
ACC 321
Intermediate Financial Accounting II 3 credits
Prerequisite: 320. A continuation of ACC 320 that completes a
detailed study of asset, liability, and stockholders’ equity
accounting. Financial calculators and cases are utilized. (SPR)
ACC 330
Indiana CPA Society Case Competition 1-2 credits
Prerequisite: Faculty permission. The case competition is
sponsored by the Indiana CPA Society to give Indiana college
students the kind of practical experience they might use as a
CPA in today’s world. Students earn one credit for submitting
a written case analysis meeting the specifications of the
Indiana CPA Society. If the team advances to the oral
presentation round, the team members earn an additional
credit for participating in the oral round. Course may be
repeated. Credits earned in this course will not be included in
the 40-credit limit in the student’s major. (FAL)
ACC 420
Advanced Accounting Topics 3 credits
Prerequisite or corequisite: 310. Specialized areas of
accounting are studied, including governmental and not-forprofit
fund accounting, and other advanced accounting
topics. (ADD)
ACC 430
Tax Accounting 3 credits
Prerequisite: 211. Provides the underlying principles of
federal tax laws and regulations as they apply to individuals
and small businesses. Study includes the tax determination
formula, gross income, personal and business deductions,
depreciation, and other tax accounting issues. Computer
applications are utilized. (FAL)
ACC 431
Advanced Tax Accounting 3 credits
Prerequisite: 430. A study of the underlying principles of
federal tax laws and regulations as they apply to tax credits,
property transactions,
C Corporations, S Corporations, partnerships, LLCs, and other
advanced tax accounting issues. Computer applications are
utilized. (SPR)
ACC 440
Auditing 3 credits
Prerequisite or corequisite: 310. A study of the principles,
theory, and practice of auditing. Study includes professional
ethics, auditing standards, environment, concepts, tools,
techniques, the audit engagement, and reporting
responsibilities. An integrated comprehensive audit practice
case is utilized. (2FE)
ACC 450
Becker CPA Review Course 6 credits
Prerequisites: 321, full-time enrollment, and instructor
permission. An overall analysis and review of the American
Institute of Certified Public Accountant’s Uniform CPA
(Certified Public Accountant) Examination. Study includes
financial accounting and reporting, regulation, auditing and
attestation, and business environment and concepts. The cost
of the course is included in the full-time tuition fee. Tuition
discounts do not apply. A Tuition Free Continuing-Help
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