2013 – 2014 - Barton College

217 BusinessACC 340. Governmental and Non-Profit Accounting. 3.Principles and operation of fund accounting, financial reporting, budgetary control, and auditingfor effective financial administration of state and local governments and non-profit entities. Fall,even years.Prerequisite: ACC 102.ACC 350. Accounting Information Systems. 3.Examines business systems and technology as viewed by the profession of accounting. Emphasison system design with the proper controls to accumulate and communicate information to officerscontrolling the activities of the enterprise.Prerequisites: ACC 101, CIS 110.ACC 410. Advanced Accounting. 3.Focuses on the accounting issues that arise from business combinations. Special attention is givento the consolidation process at the date of acquisition or merger, the results of operations in theyear of that transaction, and the results of operations and the financial position of the consolidatedentity in subsequent years. Other topics include partnership accounting and foreign-currencytransactions. Spring, even years.Prerequisite: ACC 220.ACC 420. Auditing. 3.Examines the CPA’s role in external financial statement auditing. Attention is given to the legalenvironment surrounding the audit process, risk analysis, audit planning, internal control,statistical and non-statistical sampling, evidence gathering, and reporting. Course may include acomputerized audit case study. Fall.Prerequisite: ACC 220.ACC 430. Federal Income Taxation I. 3.A study of the history and development of income taxation in the United States. Includes aninvestigation into individual income taxation with emphasis on income, deductions, passive activitylosses, and various tax credits. Fall.Prerequisite: ACC 102.ACC 440. Federal Income Taxation II. 3.The study of property transactions and corporate, partnership, estate and trust taxation. Emphasisis on corporation and partnership taxation, including investigation into distributions, tax structure,and determination of income tax liability and reporting requirements. Spring.Prerequisite: ACC 430.