Undergraduate - Lee University

DEPARTMENT OF BUSINESS 131
MINORS
The Business Department offers a minor, which consists of 18 hours,
in three disciplines: Accounting, Business, and Computer Information
Systems.
Accounting
The requirements for a minor in Accounting are ACC 241, 242, 341,
342, with the remainder of the 6 hours of electives to be chosen from any
accounting course higher than Accounting 342.
Business
The requirements for a minor in Business are ACC 241, BUS 101,
BUS 305, ECO 311, with the remainder of the 6 hours of electives in
Business to be chosen from any business course except BUS 111 Beginning
Keyboarding.
Computer Information Systems
The requirements for a minor in Computer Information Systems are
CIS 101, 201, 230, 312, with the remainder of the 6 hours of electives in
computers to be chosen from any CIS course above the 200 level.
COURSE OFFERINGS
Accounting
ACC 241. PRINCIPLES OF ACCOUNTING I
Three hours credit
An introductory study of accounting principles and procedures with emphasis on financial
accounting.
ACC 242. PRINCIPLES OF ACCOUNTING II
Three hours credit
A continuation of Accounting 241 in which emphasis is placed on managerial accounting.
Prerequisite: ACC 241.
ACC 341. INTERMEDIATE ACCOUNTING I
Three hours credit
A detailed study of the theory and practice of financial accounting and reporting with
emphasis on current assets, current liabilities, investments, plant and equipment, and their
related revenues and expenses. Prerequisite: ACC 242 with a grade of C or better.
ACC 342. INTERMEDIATE ACCOUNTING II
Three hours credit
A continuation of Accounting 341 with emphasis on long-term liabilities, stockholders’
equity, and special problems and topics relating to accounting. Prerequisite: ACC 341 with a
grade of C or better.
ACC 343. COST ACCOUNTING
Three hours credit
A detailed study of accounting for management including cost-profit-volume relationships,
inventory cost methods, budgeting, standard costing, direct costing, capital budgeting,
and other contemporary cost problems. Prerequisite: ACC 242.
ACC 344. FEDERAL INCOME TAX: INDIVIDUALS
Three hours credit
A study of the federal laws governing taxation of individuals with concentration in the
preparation of tax forms.