2013 – 2014 - Barton College

216 BusinessManagement Minor Requirements:• ECO 101; ACC 101 or FNC 310; MGT 301.• Select three from: MGT 310, 320, 330, 340, 345, 430.Total: 18 semester hours.Courses of Instruction: AccountingACC 101. Principles of Accounting I. 3.Introduces accounting as an information development and communication process that supportseconomic decision making. Topics include the basic structure of accounting (transaction analysis,recording, and reporting), accounting systems, internal controls, and financial assets. Fall, Spring.ACC 102. Principles of Accounting II. 3.Second semester continuation of ACC 101. Topics include balance sheet accounts (non-currentassets, current and long-term liabilities and the shareholder’s equity accounts), the statement ofcash flows, and an overview of management’s information needs. Fall, Spring.Prerequisite: ACC 101.ACC 210. Intermediate Accounting I. 3.First in a three-part, intermediate-level financial accounting progression, encompassing the theoryand application of professional standards for external reporting by commercial entities. Topicsinclude the theoretical framework of financial accounting, income statement, balance sheet, certaincurrent assets, and accounting for time value of money. Fall.Prerequisite: ACC 102.ACC 220. Intermediate Accounting II. 3.Second in the three-part, intermediate-level financial accounting progression, continuing thestudy and application of professional accounting standards for external reporting by commercialentities. Topics include fixed assets, current liabilities, long-term liabilities, earnings per share, andstockholders’ equity. Spring.Prerequisite: ACC 210.ACC 310. Intermediate Accounting III. 3.Final segment of the three-part intermediate progression. Topics include investments, revenuerecognition, deferred taxes, leases, pensions, accounting changes, and statement of cash flows. Fall.Prerequisite: ACC 220.ACC 320. Cost Accounting. 3.Principles and procedures for planning, controlling, and product costing in a manufacturingenvironment. Topics include cost-volume-profit analysis, job costing, process costing, budgeting, andcost allocation. Spring.Prerequisite: ACC 102.