Minor

Minor

To succeed in business, you need to know the fundamentals of accounting. That’s because accounting is the language of business. It’s how you interpret and communicate information about businesses.

With a minor, you’ll learn the basic financial accounting concepts and examine balance sheet and income statement items. You’ll also discover how accounting can be used to make managerial decisions.

Minor Requirements

Accounting Minor for Business Students, 3 courses, 9 credits

The minor requires the completion of the following three required courses (nine credit hours) beyond the completion of ACCT 201, Accounting for Decision Making I and ACCT 202, Accounting for Decision Making II.

ACCT-321 Intermediate Accounting I

Prerequisites:

ACCT-201 and ACCT-202 and Junior standing

Credits:

3.00

Description:

Reviews basic financial accounting concepts and examines selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of current and non-current assets and liabilities and the income determination aspects of these items.

Term:

Offered Both Fall and Spring
ACCT-322 Intermediate Accounting II

Prerequisites:

ACCT-321 with a minimum grade of C

Credits:

3.00

Description:

Continues to examine selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of investments and stockholders' equity and the income determination aspects of these items. Also considers special topics such as pensions, leases, deferred taxes, and cash flows.

Term:

Offered Both Fall and Spring
ACCT-331 Cost Accounting

Prerequisites:

ACCT 202

Credits:

3.00

Description:

Explores concepts and procedures underlying the development of a cost accounting system for managerial decisions, control, and performance reporting. Introduces the basic ideas of responsibility accounting.

Term:

Offered Both Fall and Spring

Accounting Minor for College of Arts and Sciences Students, 6 courses, 18 credits

College of Arts & Sciences students who wish to undertake a functional business minor in accounting must first complete ENT 101 Business Foundations, ACCT 201 and 202 may be completed in the sophomore year, while the other accounting courses are taken junior or senior year.

After ENT 101, College students are required to take all of the following:

ACCT-201 Accounting for Decision Making I

Prerequisites:

MATH-128 or higher and WRI-102 or WRI-H103 or SBS-220

Credits:

3.00

Description:

Introduces students to the accounting cycle, the financial statements, and the theory underlying accounting as information. Provides users of accounting information with a basic understanding of how to appraise and manage a business. Addresses current accounting topics, including relevant ethical and international issues found in the financial press.

Term:

Offered Both Fall and Spring

Type:

Arts Admin Minor Elective
ACCT-202 Accounting for Decision Making II

Prerequisites:

ACCT-201

Credits:

3.00

Description:

Enables students to apply the concepts and skills from ACCT 201. They learn how to analyze the financial condition and performance of a firm, and how to use accounting information in business planning, decision-making, and control. Topics include cost-volume-profit analysis, costing systems, variance analysis, and the budget process. Discusses relevant current ethical and competitive issues found in the financial press.

Term:

Offered Both Fall and Spring
ACCT-321 Intermediate Accounting I

Prerequisites:

ACCT-201 and ACCT-202 and Junior standing

Credits:

3.00

Description:

Reviews basic financial accounting concepts and examines selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of current and non-current assets and liabilities and the income determination aspects of these items.

Term:

Offered Both Fall and Spring
ACCT-322 Intermediate Accounting II

Prerequisites:

ACCT-321 with a minimum grade of C

Credits:

3.00

Description:

Continues to examine selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of investments and stockholders' equity and the income determination aspects of these items. Also considers special topics such as pensions, leases, deferred taxes, and cash flows.

Term:

Offered Both Fall and Spring
ACCT-331 Cost Accounting

Prerequisites:

ACCT 202

Credits:

3.00

Description:

Explores concepts and procedures underlying the development of a cost accounting system for managerial decisions, control, and performance reporting. Introduces the basic ideas of responsibility accounting.

Term:

Offered Both Fall and Spring

Minor Requirements

Accounting Minor for Business Students, 3 courses, 9 credits

ACCT-321 Intermediate Accounting I

Prerequisites:

Credits:

Description:

Term:

ACCT-322 Intermediate Accounting II

Prerequisites:

Credits:

Description:

Term:

ACCT-331 Cost Accounting

Prerequisites:

Credits:

Description:

Term:

Accounting Minor for College of Arts and Sciences Students, 6 courses, 18 credits

ACCT-201 Accounting for Decision Making I

Prerequisites:

Credits:

Description:

Term:

Type:

ACCT-202 Accounting for Decision Making II

Prerequisites:

Credits:

Description:

Term:

ACCT-321 Intermediate Accounting I

Prerequisites:

Credits:

Description:

Term:

ACCT-322 Intermediate Accounting II

Prerequisites:

Credits:

Description:

Term:

ACCT-331 Cost Accounting

Prerequisites:

Credits:

Description:

Term: