Undergraduate

ACCT 2121. Principles of Accounting I. (3) Prerequisite: sophomore standing or consent of department. Fundamental accounting principles, with emphasis on the use of financial accounting data and analysis of financial statements. (Fall, Spring, Summer) (Evenings)

ACCT 2122. Principles of Accounting II. (3) Prerequisite: ACCT 2121 and sophomore standing or consent of department. An introduction to managerial accounting with an emphasis on using accounting information to make decisions. (Fall, Spring, Summer) (Evenings)

ACCT 3043. Current Developments in Accounting. (1-3) May be repeated for credit. Prerequisite: consent of the Department. A research project will be required. Topics will be selected from internal and external auditing, governmental accounting, income taxes, managerial accounting and accounting theory. (Fall, Spring, Summer) (Evenings)

ACCT 3121. Internal Auditing I. (3) Prerequisites: ACCT 2122 and consent of instructor. Introduction to internal auditing standards, ethics, audit evidence and techniques, and reporting practices and demonstration of these concepts through case studies. (Spring)

ACCT 3122. Internal Auditing II. (3) Prerequisites: ACCT 3121. Internal auditing management, quantitative techniques used by internal auditors, operational auditing, fraud and EDP auditing including demonstration of these techniques through the use of case studies and reports. (Fall)

ACCT 3130. Accounting for Not-for-Profit Organizations. (3) Prerequisite: ACCT 2121. Accounting for governmental and other not-for-profit entities. Three lecture hours, two lab hours. (Fall, Summer)

ACCT 3134. Federal Income Taxation. (3) Prerequisite: ACCT 2122. Open to non-Accounting majors only. Federal income tax laws and regulations applicable to individuals and business organizations. Three lecture hours, two lab hours. (Fall) (Evenings)

ACCT 3136. Managerial Cost Accounting. (3) Prerequisite: ACCT 2122. Prerequisite or corequisite: ACCT 3138. Analysis of the uses of accounting data in the planning, controlling and decision-making processes of business enterprises. Three lecture hours, two lab hours. (Fall, Spring, Summer) (Evenings)

ACCT 3138. Intermediate Financial Accounting I. (3) Prerequisite: ACCT 2122 with a grade of C or better. Analysis of the requirements of outsiders (investors, auditors and governments) for information about the status and operations of firms. The application of various theories and concepts will be stressed. Three lecture hours, two lab hours. (Fall, Summer) (Evenings)

ACCT 3139. Intermediate Financial Accounting II. (3) Prerequisite: ACCT 3138 with a grade of C or better. Continuation of ACCT 3138 with an emphasis on accounting problems peculiar to corporate organizations. Three lecture hours, two lab hours. (Fall, Spring, Summer) (Evenings)

ACCT 3140. Accounting Information Systems. (3) Prerequisites: STAT 1220, INFO 2130 and ACCT 3138. An introduction to accounting EDP systems, with particular emphasis on internal controls and computer auditing techniques. Three lecture hours, two lab hours. (Fall, Spring) (Evenings)

ACCT 3141. Specialized Accounting Topics. (3) Prerequisite: ACCT 3139 with a grade of C or better. Specialized accounting topics with emphasis on consolidated statements. Three lecture hours, two lab hours. (Fall, Summer) (Evenings)

ACCT 3146. Income Tax for Individuals. (3) Prerequisite: ACCT 2122 with a grade of C or better. Federal income tax laws and regulations applying to individuals. Three lecture hours, two lab hours. Lab is optional unless scheduled for an exam. (Fall) (Evenings)

ACCT 3147. Advanced Income Taxation. (3) Prerequisite: ACCT 3146. Federal income tax laws and regulations applying to partnerships, corporations, estates and trusts, and estate, gift and inheritance taxes. Three lecture hours, two lab hours. (Spring) (Evenings)

ACCT 3148. Internal Control and Auditing. (3) Prerequisite: ACCT 3139 (with a grade of C or better) and 3140. Analysis of the accounting control systems and the independent auditor's examination of the system and other evidence as a basis for expressing an opinion on financial statements. Three lecture hours, two lab hours. (Fall, Spring) (Evenings)

ACCT 3149. CPA Preparation. (3) Prerequisite: ACCT 3141. Intensive study of principles and techniques involved in the solution of advanced accounting problems encountered in public accounting practice. Three lecture hours, two lab hours. (Spring)

ACCT 3150. International Accounting. (3) Prerequisites: ACCT 2121 and 2122 and junior standing. A study of accounting techniques worldwide and how different techniques affect multi national firms and day to day international business practices. (Fall, Spring, Summer)

ACCT 3200 Foundations of Accounting. (3) Accelerated and in-depth study of conceptual foundations and applications of financial, cost and managerial accounting with emphasis on building accounting information bases for internal, managerial decision-making. (Accounting preparation to enter MBA. May not be taken for credit toward any undergraduate degree within the Belk College of Business Administration or used as equivalent credit for ACCT 2121-2122). (Fall, Spring)(Evenings)

ACCT 3500. Cooperative Education Experience. (0) Prerequisite: Accounting major with department approval. Enrollment is required for the department's cooperative education students during each semester they are working in a co-op position. Course evaluation is Satisfactory/ Unsatisfactory grading. (Fall, Spring, Summer)

Graduate Only

ACCT 6110. Tax Research and Planning. (3G) Tax research techniques applicable to federal tax law affecting individuals, corporations and partnerships, including use of traditional and computerized tax services to solve tax problems. Emphasis on tax planning principles and related tax practice matters, including handling tax compliance issues and dealing with the Internal Revenue Service. (Fall)

ACCT 6120. Taxation of Corporations and Shareholders. (3G) Prerequisite: ACCT 6110. Tax law applicable to partnerships and S corporations, including tax compliance matters strategies for minimizing tax liabilities and strategies for handling tax controversies. (Spring)

ACCT 6130. Taxation of Partnerships and S Corporations. (3G) Prerequisite: ACCT 6110. Tax law applicable to partnerships and S corporations, including tax compliance matters strategies for minimizing tax liabilities and strategies for handling tax controversies. (Spring)

ACCT 6140. Taxation of Estates, Gifts, and Trusts. (3G) Prerequisite: ACCT 6110. Wealth transfer taxes and taxation of estates and trusts, including integration of these taxes and tax planning opportunities for minimizing tax liabilities. (Summer)

ACCT 6150. Business Tax Strategies. (3G) Prerequisite: consent of program coordinator. Tax strategies in all phases of business operations, including creation of the business, choice of the type of business entity, financing, operations, distributions to owners, expansion, reorganization and liquidation with emphasis on minimizing taxes and avoid tax traps. Analysis of business planning cases and completion of a comprehensive project with the results presented in both an oral and written report. (Spring) (Same as MBAD 6133)

ACCT 6210. Advanced Accounting Information Systems. (3G) Documentation and evaluation of current accounting information systems, evaluation of potential new systems, to extract data from existing systems from analysis, and examination of emerging technologies which have potential uses in accounting information systems. (Fall)

ACCT 6220. Advanced Auditing. (3G) Audit practice, including the role of auditors in society, a study of legal liability issues, the theory of audit evidence, and analysis of internal control systems (including EDP), a review of audit regulations and ethics and the interpretation of audit reports. (Fall)

ACCT 6230. Controllership. (3G) Controllership practice, including organizational status, objectives, functions, duties and responsibilities and the managerial utilization of accounting and statistical data for planning and control. (Same as MBAD 6134) (Yearly)

ACCT 6250. Accounting Theory and Practice. (3G) Prerequisite: consent of program coordinator. Financial accounting theory and practice, including research techniques, analytical skills, communication skills, professional judgement, international and ethics issues. (Spring)