Accounting Course Descriptions


ACCT201A   Financial Accounting ( 3 units)
Prerequisite:  None

Accounting concepts and techniques essential to the administration of a business enterprise: analyzing and recording financial transactions; accounting valuation and allocation practices; preparation, analysis and interpretation of financial statements; international accounting issues.


ACCT201B   Managerial Accounting ( 3 units)
Prerequisite:  ACCT 201A with a grade of at least “C” (2.0).

Introduction to managerial accounting; product costing; budgetary control and responsibility accounting; analysis and techniques for aiding management planning and control decisions; basic income tax concepts for planning business transactions.



ACCT301A   Intermediate Accounting (3 units)
Prerequisite:  ACCT 201B and completion of all lower-division business administration core courses with grades of at least “C” (2.0) in each course. Corequisite: Business Admin 301.

Accounting theory; preparation of income statements, balance sheets and statements of accounting theory; preparation of income statement, balance sheets and statements of cash flows, and comprehensive income; IFRS (International Financial Reporting Standards); present value concepts; assets, liabilities and stockholders’ equity; revenue recognition and investments.


ACCT301B   Intermediate Accounting (3 units)
Prerequisite:  A grade of “C” (2.0) or better in ACCT 301A and BUAD 301.

Accounting theory; IFRS (International Financial Reporting Standards); present value concepts; assets, liabilities and stockholder equity; pensions; leases; earnings per share; financial statement analysis; accounting changes and error analysis.


ACCT302   Cost Accounting (3 units)
Prerequisite:  ACCT 201B and completion of all lower-division business administration core courses with grades of at least “C” (2.0) in each course. Corequisite: BUAD 301.

Accounting information for management of manufacturing and service enterprises; cost records; cost behavior and allocation; product costing and inventory valuation; flexible budgeting; standard costs; responsibility accounting; cost planning and control; and operating decision analysis.


ACCT307   Accounting Information Systems (3 units)
Prerequisite:  ACCT 201B and completion of all lower-division business administration core courses with a grade of “C” (2.0) or better in each course. Corequisite: BUAD 301.

Organization and implementation of information technology for the collection, organization, and presentation of accounting information with an emphasis on enterprise resource planning systems.


ACCT308   Concepts of Federal Income Tax Accounting (3 units)
Prerequisite:  ACCT 201B and completion of all lower-division business administration core courses with grades of at least “C” (2.0) in each course. Corequisite: BUAD 301.

Provisions, legislative history and implications of federal taxes.


ACCT358   Principles Of Taxation (3 units)
Prerequisite:  ACCT 201A.

Federal tax system, federal income taxation relating to federal tax system, federal income taxation relating to individuals, corporations, partnerships, and fiduciaries. Federal estate and gift taxes. Not open to accounting majors.


ACCT364   Entertainment Accounting (3 units)
Prerequisite:  ACCT 201B.

Accounting and tax issues associated with media-dependent and live entertainment. Compare and contrast many of the unique differences in the industry’s accounting and tax practices to standard industry practices. (No credit for accounting majors)



ACCT401   Advanced Accounting ( 3 units)
Prerequisite:  ACCT 301B with a grade of “C” (2.0) or better, BUAD 301.

Business combinations; meaning, usefulness and methodology of consolidated financial statements; investments in non-subsidiary affiliates and corporate joint ventures; consolidated financial statements for overseas units of U.S.-based multinational companies; translations of foreign currencies, derivatives.


ACCT402   Auditing ( 3 units)
Prerequisite:  Prerequisites: ACCT 301B, 302 and 307, with grades of “C” (2.0) or better, and BUAD 301.

The Auditing standards and procedures used by financial and operational auditors. Management information and computer systems, internal control, audit evidence, professional responsibilities and legal liabilities, standards of reporting financial information.


ACCT403   Accounting for Governmental and Nonprofit Entities ( 3 units)
Prerequisite:  ACCT 301B with grade of “C” (2.0) or better and BUAD 301.

Fund accounting as applied to governmental and nonprofit entities; state and federal governments, municipalities, hospitals and universities. Budgets, tax levies, revenues and appropriations, expenditures and encumbrances, various types of funds, and accounting statements.


ACCT405   Forensic Accounting ( 3 units)
Prerequisite:  ACCT 307 and 301B with a grade of “C” (2.0) or better.

Methods to prevent and detect fraud. Current cases dealing with accounting fraud, and appropriate methods to prevent or detect fraudulent behavior.


ACCT408   Problems In Taxation ( 3 units)
Prerequisite:  ACCT 308 with a grade of “C” (2.0) or better and BUAD 301.

Federal income tax as it applies to corporations, partnerships, fiduciaries, and federal estate and gift taxes as they apply to taxable transfers.


ACCT420   Advanced Cost Accounting ( 3 units)
Prerequisite:  ACCT 302 with a grade of “C” (2.0) or better.

Advanced topics in accounting: strategic profitability analysis; cost allocation and resources; quality and Just-In Time Inventory; and investment decisions and management control.


ACCT422   Internal Audit and Control ( 3 units)
Prerequisite:  Senior standing for accounting majors; departmental permission for other undergraduates and all graduate students.

Survey of internal auditing principles and concepts. Intended for students who are interested in internal auditing.


ACCT460   Seminar in Financial Statement Analysis ( 3 units)
Prerequisite:  ACCT 301B.

Analysis of demand and supply forces underlying the provision of financial statements; distributional, cross-sectional and time series properties of financial statement numbers; financial decision-making processes and the uses of financial statement information for decision making.


ACCT463   Financial Controls for Entrepreneurs ( 3 units)
Prerequisite:  Entrepreneur concentration only. ACCT 201B and FIN 320.

Accounting system design for new ventures, including budgeting, purchasing, collections, payroll taxes, safeguards against error and embezzlement, financial reports, cash management, and banking relationships. Casework, research and fieldwork with selected local businesses. Not applicable for graduate degree credit.


ACCT470   Tax Research, Practice and Procedures ( 3 units)
Prerequisite:  ACCT 308 with a grade of “C” (2.0) or better and BUAD 301.

Methodology of tax research, including case studies; the management of a tax practice; administration procedures governing tax controversies; rights and obligations of taxpayers and tax practitioners.


ACCT495   Internship ( 1 units)
Prerequisite:  ACCT 301A, 302, and BUAD 301, each with a grade of “C” (2.0) or better, a concentration in accounting, consent of the department internship adviser, 2.5 GPA and one semester in residence at the university.

Planned and supervised work experience. May be repeated for credit up to a total of six units. Credit/No Credit only.


ACCT499   Independent Study ( 1 units)
Prerequisite:  BUAD 301, senior standing and approval of department chair

Open to qualified undergraduate students desiring to pursue directed independent inquiry. May be repeated for credit. Not open to students on academic probation.



ACCT502   Seminar in Accounting Theory ( 3 units)
Prerequisite:  ACCT 301B, classified MCBE status.

Effects of professional, governmental, business and social forces on the evolution of accounting theory.


ACCT503   Seminar in Contemporary Accounting Problems ( 3 units)
Prerequisite:  Classified MCBE status.

Current issues in financial reporting, including pronouncements by the Financial Accounting Standards Board and the Securities and Exchange Commission. Topics will change as new issues in accounting emerge.


ACCT505   Seminar in Auditing ( 3 units)
Prerequisite:  ACCT 402 and classified MCBE status.

Auditing theory and practices; professional ethics; auditing standards; Securities and Exchange Commission and stock exchange regulations; auditor’s legal liability; statement trends and techniques.


ACCT506   Seminar in Professional Accounting Communications ( 3 units)
Prerequisite:  Classified MCBE status.

Compilation and composition of accounting reports and client presentations relating to accountants’ working papers, client engagement letters, management advisory reports and prospectuses.


ACCT507   Seminar in Accounting Information Systems ( 3 units)
Prerequisite:  ACCT 307 or equivalent and classified MCBE status.

Case studies of computer-based accounting systems used by organizations such as universities, banks, industrial corporations and CPA firms. Accounting information, reports and internal controls.


ACCT508   Seminar in Tax Planning ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Substantive provisions of federal law; tax planning from a corporate viewpoint; case studies of the effect of federal tax law on business decisions.


ACCT509   Accounting for Information Technology ( 3 units)
Prerequisite:  Classified MCBE standing.

Information processing procedures to support financial and managerial accounting processes, concepts and standards; preparation of financial statements and management reports; use of financial information for management decision making.


ACCT510   Financial Accounting ( 3 units)
Prerequisite:  Classified MCBE status.

Accumulation, organization and interpretation of financial and quantitative data relevant to the activities of corporate business enterprises; analysis of financial reports; current regulatory reporting requirements with attention to business ethics and an understanding of global reporting issues.


ACCT511   Seminar in Managerial Accounting ( 3 units)
Prerequisite:  ACCT 201B or 510 and classified MCBE status.

Design and development of cost accounting systems; contemporary cost management concepts; measurement, analysis and use of accounting information for management decisions, with attention to ethical, global and environmental issues in today’s corporate governance. Measurement, analysis and use of information contained in standard and various other cost systems for industry sectors such as manufacturing, distribution, service and retail.


ACCT518   Seminar in International Accounting ( 3 units)
Prerequisite:  ACCT 201B or 510 and classified MCBE status.

Comparative analysis of accounting principles and practices outside the United States; international financial accounting standards; current problems of international financial reporting, accounting planning and control for international operations; multinational companies.


ACCT521   Seminar in Management Control Systems ( 3 units)
Prerequisite:  ACCT 302 or 511 and classified MCBE status.

Integrative aspects of accounting, financial and quantitative data for managerial decision-making; long-term, short-term profit planning; budgetary control; cost analysis; financial analysis and planning; taxation; and transfer pricing.


ACCT572   Seminar in Taxation of Corporations and Shareholders ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Federal taxation relating to corporations; organizing, distributions, liquidations and reorganizations.


ACCT573   Seminar in Taxation of Property Transactions ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Federal taxation relating to sales, exchanges and other transfers.


ACCT574   Seminar in Taxation of International Business Operations ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Federal taxation relating to U.S. citizens and corporations with foreign source income and of foreign persons with U.S. source income; planning for foreign operations.


ACCT575   Seminar in Estate, Gift, Inheritance Taxes and Estate Planning ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Federal and California death taxes and the planning of personal estates.


ACCT576   Seminar in State and Local Taxation ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Application of interstate income allocations; multi-state tax compact; separate apportionment accounting; foreign country sourced income. California taxes as applied to businesses and individuals.


ACCT577   Seminar in Taxation of Employee Compensation ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Federal taxation relating to employee compensation including pensions and profit sharing, stock options, ESOPs, IRAs, Keoghs, maximum tax 5-year averaging, death benefits, group term life, etc.


ACCT578   Seminar in Taxation of Partnerships ( 3 units)
Prerequisite:  ACCT 308 and classified MCBE status.

Federal taxation relating to partnerships, estates, trusts and other special entities.


ACCT597   Project ( 3 units)
Prerequisite:  Classified MCBE status.

Directed independent inquiry. Not open to students on academic probation.


ACCT599   Independent Graduate Research ( 1 units)
Prerequisite:  Classified MCBE status, approval of department chair and Associate Dean.

May be repeated for credit. Not open to students on academic probation.




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