2003-2004 - The University of Scranton

ACC 462 3 cr.
Advanced Managerial Accounting
(Prerequisite: ACC 461) Accounting techniques
as control devices in business with emphasis on
the use of accounting data in business decisions.
Topics to include budgeting and profit planning,
cost-volume-profit analysis and direct costing.
ACC 470 3 cr.
Law for Accountants
(Prerequisite: MGT 251) A study of the law of
contracts, sales, commercial paper, secured transactions,
rights of debtors and creditors, and
bankruptcy.
ACC 471 3 cr.
Management Auditing
(Prerequisite: ACC 362) An in-depth examination
of the accountant in the manager’s position.
Includes administrative effectiveness and efficiency
as provided through sound internal controls,
and design and implementation of monitoring
systems within the organization to
promote better cost-benefit decisions.
ACC 472 3 cr.
Advanced Accounting II
(Prerequisite: ACC 362) A study of the theories
and promulgated standards of accounting related
to international operations, partnerships, estates
and trusts, installment sales, consignments, SEC
reporting, and interim financial reporting.
ACC 473 3 cr.
Advanced Auditing
(Prerequisite: ACC 364) An examination of statistical
analysis in making audit judgements;
internal control and auditing issues relating to
EDP systems; risk assessment and testing for certain
transaction cycles; and other attestation
services and reports.
ACC 474 3 cr.
Accounting Information Systems
(Prerequisite: ACC 252) The design and application
of accounting systems in both the manual
and automated environments. Analysis of information’s
accumulation and use patterns in
organizations with a focus on providing useful
and timely information. Extensive computer
usage of Professional Business Software.
ACC/IB 475 3 cr.
International Accounting
(Prerequisites: ACC 252 or 254, ECO 351) This
course is designed for both accounting and nonaccounting
majors with an interest in global
accounting issues. The environmental influences
Kania School/Accounting Information Systems 209
on accounting development, the reporting standards
for selected countries, financial statement
analysis, and taxation and managerial accounting
issues for multi-national business entities are
examined.
ACCOUNTING
INFORMATION SYSTEMS
Michael O. Mensah, Ph.D., Chair,
Accounting Department
See Accounting for faculty listing.
Overview
The explosion of electronic commerce, the
use of enterprise systems, the growth of global
alliances and information sharing, and other
information technology-driven developments
have expanded the variety of opportunities
available to professionals with a strong and
integrated knowledge of accounting principles
(the “language of business”) and the evolving
information technologies needed to implement
and manage accounting information
systems (AIS). AIS professionals provide value
to their organizations or clients by using their
skills to help generate reliable, timely, and relevant
decision-making information for the
use of managers and other stakeholders. These
professionals assist their organizations or
clients in assessing the opportunities and risks
associated with specific information technology
deployments. They also oversee the
implementation and management of accounting
systems within their organizations. In the
assurance sector, AIS professionals often function
as information systems auditors. They
provide accounting, technology, and other
skills to support traditional as well as paperless
audits. They are often called upon to
assist in special investigations such as fraud
audits and forensic accounting.
The objective of the AIS major is to prepare
students to function in the corporate,
public accounting, and non-profit sectors as
entry-level accounting systems professionals.
Students can select electives for either an
accounting information systems auditing or a
general information systems management
emphasis. AIS majors are encouraged to pursue
professional certifications such as the Certified
Information Systems Security Profes-