ACCT F261X      Principles of Financial Accounting      (s)
3 Credits

Offered Fall, Spring and Summer

During this course, we will study accounting from two different methodical approaches: the preparer approach (i.e. a look at how an accounting system is created to record, process and report accounting information) and the user approach (i.e. a look at how various people use the information generated by accountants).

Prerequisites: Sophomore standing or higher; placement, concurrent enrollment or completion of MATH at the F100-level or above.

Attributes: UAF GER Social Sciences Req

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F262      Principles of Managerial Accounting
3 Credits

Offered Fall, Spring and Summer

Study of the generation and analysis of accounting information and its uses by managers as they engage in planning, control and decision-making activities in business and non-business organizations. Topics include product costing, cost-volume-profit analysis, relevant costs for decision-making and capital budget decisions.

Prerequisites: ACCT F261X.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F271      Fiscal Management for Emergency Management Operations
3 Credits

Offered Fall, Spring and Summer

Students will learn about the basic accounting and financial requirements for public organizations such as fire, police and similar functions of local governments. The major topics covered include: understanding financial reports, budgeting preparation, and grants and contracts administration.

Prerequisites: Sophomore standing or higher; placement, concurrent enrollment or completion of MATH at the F100-level or above.

Cross-listed with HSEM F271.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F330      Income Tax
3 Credits

Offered Fall and Spring

Survey of basic concepts of federal taxation with emphasis on taxation of individuals and the impact of taxes on business and investment planning.

Prerequisites: ACCT F361.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F342      Managerial Cost Accounting
3 Credits

Offered Fall and Spring

Cost accounting with managerial emphasis on planning, control and decision-making. Topics include cost-volume-profit analysis, costing systems, profit planning, flexible budgets, standard costs, responsibility accounting, inventory costing alternatives and relevant costs for decision-making.

Prerequisites: ACCT F262.

Special Notes: For accounting majors: No credit may be earned for more than one of ACCT F342 or ACCT F352.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F352      Management Accounting
3 Credits

Business policy profit planning, resource planning, control concepts, reporting for management control and impact of public reporting on management decisions.

Prerequisites: ACCT F261X; ACCT F262.

Special Notes: For non-accounting majors only: No credit may be earned for more than one of ACCT F342 or ACCT F352.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F356      Internship in Accounting
1-3 Credits

Offered As Demand Warrants

Supervised accounting work experience in an approved position related to the student's career interests. Number of credits earned depends upon the type of position and time worked. No student may count more than 9 internship credits towards an undergraduate degree, with these credits being electives.

Prerequisites: Permission of the CBSM advisor.

Special Notes: Internship credits may not be taken as one of the two required senior-level accounting electives.

Lecture + Lab + Other: 0 + 6-14 + 0

Grading System: Letter Grades with option of Plus/Minus

Repeatable for Credit: May be taken 9 times for up to 9 credits

ACCT F361      Intermediate Accounting I
3 Credits

Offered Fall and Spring

Discussions of financial accounting topics from the perspective of both accounting practice and theory. Working capital and fixed asset accounts are emphasized. Ethical and international accounting issues are emphasized throughout the sequence.

Prerequisites: ACCT F262.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F362      Intermediate Accounting II
3 Credits

Offered Fall and Spring

Discussion of financial accounting topics from the perspective of both accounting practice and theory. Long-term liabilities and stockholder's equity are emphasized. Ethical and international accounting issues are emphasized throughout.

Prerequisites: ACCT F361.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F401      Advanced Accounting
3 Credits

Offered Fall and Spring

Accounting for business combinations: parent-subsidiary and home office/branch relationships, partnerships and multinational enterprises.

Prerequisites: ACCT F362.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F404      Advanced Cost Accounting and Controllership
3 Credits

Offered As Demand Warrants

Study of the controllership function with emphasis on advanced cost and managerial accounting topics related to contemporary organizations.

Prerequisites: ACCT F342.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F414      Governmental and Nonprofit Accounting
3 Credits

Offered Spring

Accounting for governmental units, public schools, colleges and universities, health care providers, voluntary health and welfare organizations and other nonprofit organizations.

Prerequisites: WRTG F111X; WRTG F211X, WRTG F212X, WRTG F213X or WRTG F214X; COM F121X, COM F131X or COM F141X; ACCT F362; ACCT F452.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F430      Advanced Taxes
3 Credits

Offered Fall

Advanced study of income taxation, emphasizing federal taxation of corporations and partnerships.

Prerequisites: ACCT F330.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F452      Auditing
3 Credits

Offered Spring

Introduction to the professional standards and procedures applicable to an auditor's examination of financial statements. Compliance and Operational auditing, ethical and legal responsibilities, and international auditing issues are emphasized.

Prerequisites: ACCT F362; AIS F316; BA F325; WRTG F111X; WRTG F211X, WRTG F212X, WRTG F213X or WRTG F214X.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus

ACCT F465      Data Analytics for Accounting
3 Credits

Offered Fall

This course is intended to provide students with an understanding of data analytic thinking and terminology as well as hands-on experience with data analytics tools and techniques applicable to the accounting profession.

Prerequisites: ACCT F330; ACCT F361; ACCT F452.

Lecture + Lab + Other: 3 + 0 + 0

Grading System: Letter Grades with option of Plus/Minus