Courses

ACC 111 - Financial Accounting (AS)

This is an introductory course which views accounting as a source of information and a tool for effective decision making. The course provides a basic understanding of the concepts of financial accounting and includes analysis and interpretation of financial reports with emphasis on their use by external parties such as stockholders and creditors. Computer/Internet applications included.

Credit Hours: 3

ACC 112 - Management Accounting (AS)

This introductory course focuses on accounting information as a tool for effective decision making within an organization. The course provides a basic understanding of the procedures of management accounting as a means of identifying management problems and evaluating potential solutions. It emphasizes a multi-disciplinary approach to the use of management reports by managers inside the business organization. Computer/Internet applications included.

Credit Hours: 3

ACC 223-224 - Intermediate Accounting I and II

A comprehensive study of the preparation and use of financial reports for business decisions and the role of accounting standards in the international business community. Activities that may be included in the course are ethical issues in business decisions, financial information on the Internet, research papers, group projects, class presentations, and computer spreadsheets.

Credit Hours: 6   /  ACC 223 offered in fall semesters, ACC 224 offered in spring semesters   /   Prerequisites: ACC 112, or equivalent

ACC 314 - Contemporary Issues in Accounting

A course involving case studies of current issues in accounting. Topics may include any area relating to accounting such as financial accounting and reporting issues, auditing, fraud, ethical issues, international accounting, government and not-for-profit accounting, legal issues, taxation, management accounting, and strategic accounting.

ACC 335 - Cost Management Systems

A study of the design and use of modern cost management systems. Topics include product costing, activity-based costing and management, profit planning, performance measurement, and strategic decision making and control. Computer applications, a writing component, and group projects included.

Credit Hours: 3   /  offered in fall semesters   /   Prerequisites: ACC 112

ACC 336 - Advanced Accounting

A study of the special accounting information needs of the various forms of accounting entities, whether large or small, public or private, profit or nonprofit. Topics include business combinations, multinational corporations, segment reporting, partnership accounting, bankruptcy, and estates and trusts. Computer applications included.

Credit Hours: 3   /  offered in fall semesters   /   Prerequisites: ACC 224

ACC 340 - Fraud Examination and Economic Crime

This course examines forensic accounting and economic crime, integrating accounting, criminal justice and computer and information systems concepts and issues. The course includes limited accounting theory and concentrates on financial fraud, white-collar crime, how financial fraud is perpetrated, approaches to fraud investigation and documentation, and fraud detection and prevention.

Credit Hours: 3

ACC 346 - Auditing (WI)

A study of the theory and practice of auditing. The primary focus is on audits of the financial statements performed by independent accountants. Auditing integrates accounting standards and practices, legal liability for public accountants, and ethical expectations as prescribed in the AICPA Code of Professional Conduct, culminating in the examination of audit evidence and preparation of the auditor’s report. Although ACC 224 is the prerequisite, students are advised to take auditing in their senior year. Computer applications, a writing component, and group projects included.

Credit Hours: 3   /  offered in spring semesters   /   Prerequisites: ACC 224

ACC 347 - Taxation

A conceptual study of United States federal income taxation. The current income tax code as it relates to individuals, corporations, partnerships, and other taxable entities is introduced. Practical tax problems are reviewed to demonstrate the proper application of the tax code, and current issues in tax accounting and tax planning are considered. Computer applications included.

Credit Hours: 3   /  offered in fall semesters   /   Prerequisites: ACC 112 and junior status

ACC 350 - International Accounting (WI)

The growth of international business has influenced the way business and accounting are conducted in every country. This course prepares students to operate more effectively in a global business environment. Students will develop a sensitivity to the diversity of accounting standards and reporting practices in the global business community. Group projects, research paper, and case discussions included. Recommended for all students interested in international business.

Credit Hours: 3   /   Prerequisites: ACC 112

ACC 366 - Accounting for Governmental and Not-for-profit Entities

A study of the special features of accounting and financial reporting for governmental and not-for-profit entities including state and local governments, health care entities, universities and colleges, public schools, voluntary health and welfare organizations, and other not-for-profit entities.

Credit Hours: 3   /  offered in spring semesters   /   Prerequisites: ACC 112 and junior status

ACC 403 and 404 - Honors Thesis I and II

Individual research of a substantive nature pursued in the student’s major field of study. The research will conclude in a written thesis or an original project, and an oral defense.

Credit Hours: 6

ACC 493, 495 and 496 - Accounting Co-op/Internship

A junior or senior work-study program providing relevant employment experience. The objective of the program is to integrate classroom theory and practical, work experience, thus lending relevancy to learning and providing the student with a realistic exposure to career opportunity. (Transfer students must complete a minimum of 15 semester hours in the major at Niagara University before enrollment. Registration is to be arranged through the chairperson.)

LAW 101 - Business Law I (SS)

An introduction to general legal principles, methods, and objectives, with particular emphasis on the rules that govern commercial dealings. Topics include an introduction to law, torts, contracts, sales, and property. While the scope of coverage takes into account the needs of students majoring in accounting, the business law sequence is recommended to all students, especially to those contemplating careers in law.

Credit Hours: 3   /  offered in fall semesters

LAW 102 - Business Law II (SS)

A continuation of the examination of legal principles governing commercial dealings. Topics include secured transactions, bankruptcy, commercial paper, agency, partnerships, and corporations. While the scope of coverage takes into account the needs of students majoring in accounting, the business law sequence is recommended to all students, especially to those contemplating careers in law.

Credit Hours: 3   /  offered in spring semesters