EBA 101 Principles
of Accounting I (Fall, Spring, Summer)
An introduction to the basic concepts
of financial analysis and recording. Introduction to the entire accounting
cycle through preparation of work sheets and financial statements, special
journals, and subsidiary ledgers. Lab may be required. 3 credits.
EBA 102 Principles of Accounting
II (Fall, Spring)
A continuation of the concepts
and practices introduced in Accounting I. Introduction to partnership and
corporate accounting and financial statement analysis. Lab may be required.
Prerequisite: EBA 101. A grade
of C or permission of the instructor for Accounting majors. 3 credits
EBA 201 Intermediate Accounting
I (Fall, Spring, Summer)
This course reviews basic accounting
theory with an in-depth analysis of the balance sheet and income statement
as each pertains to valuation and reporting practices. It places special
emphasis on shareholder equity, issues related to income determination,
and the preparation and analysis of all financial statements. Emphasis
is on reporting practices as promulgated by the leading professional accounting
organizations..
Prerequisite: EBA 102. 3 credits.
EBA 202 Intermediate Accounting
II (Spring)
This course is a continuation of
EBA 201. Topics to be covered include accounting for pensions and leases,
preparation of statements from incomplete data, accounting changes and
correction of errors, statement of changes in financial position, accounting
for inflation, sources of financial information, and analysis of financial
statements.
Prerequisite: EBA 201. 3 credits.
EBA 213 Cost Accounting (Spring)
This course covers fundamental
principles and procedures of cost determination in manufacturing, service,
and not-for-profit organizations. Emphasis is placed upon the concepts
and classification of product costs (direct materials, direct labor, and
manufacturing overhead), as well as the recording and accumulating of such
costs within job order and process cost accounting systems.
Prerequisite: EBA 102. 3 credits.
Corequistes: EBA 201, 202.
EBA 214 Managerial Cost Accounting
(upon request)
Process costing techniques, utilizing
actual, normal, and standard cost, problems of spoilage and waste, costing
methods for joint and by-products; relevant costing concepts applied to
the area of capital budgeting with its related tax aspects, techniques
of discounted cash flow and the ranking of projects; income effects of
alternative product costing methods, determination of cost behavior patterns,
inventory planning, control and valuation, decentralization and transfer
pricing, decision models under conditions of uncertainty.
Prerequisite: EBA 213. 3 credits.
EBA 301 Advanced Accounting Problems
Part I (upon request)
Familiarizes the student with the
application of accounting principles and practices to advanced problems
encountered in practice. Topics include: Partnership organization, changes,
and liquidation: branch accounting; consolidations.
Prerequisites: Senior standing,
accounting major and EBA 202.
3 credits.
EBA 302 Advanced Accounting Part
II
(upon request)
Continues to familiarize the student
with the application of accounting principles and practices to advanced
problems part two. Topics include: Governmental and not-for Profit organizations,
Proprietary and Fiduciary funds, Voluntary Health and Welfare Organizations,
Providers of Health Care Services, International Accounting, translation
of Foreign Financial Statements, Securities and Exchange Commission, Debt
Restructuring: Corporate Reorganizations and liquidations.
Prerequisite: EBA 301 and accounting
major. 3 credits.
Not available to students who have
had EBA 500 Fund Accounting.
EBA 308 Auditing Concepts and
Problems (upon request)
A study of the duties and responsibilities
of the auditor and mechanics of the audit, and the interrelationship among
the auditor, client, and the public. Covers principles and standards, general
and special audits, examinations of internal control, short and long-form
reports, and auditing electronic systems.
Prerequisite: EBA 202. 3 credits.
EBA 314 Federal Income Taxation
of Individuals (Fall) (formerly Federal Taxation)
This first course focuses on the
federal taxation of individuals in the United States. The individual tax
formula is explored in depth, concentrating on gross income, deductions,
exemptions, tax calculations, and tax credits. Basic tax concepts are covered,
such as capital gains and losses, depreciation, depletion, net operating
losses, and accounting periods and methods.
Prerequisite: EBA 102
Corequisite: EBA 201 or EBA 202.
3 credits.
EBA 316 Federal Taxation of Corporations,
Partnerships, and Estates (Spring) (formerly Advanced Federal Taxation)
This second course focuses on the
federal taxation of regular and small business corporations, as well as
partnerships and estates. Overview of complex corporate issues, including
stock redemptions, liquidations, reorganizations, and penalty taxes. Review
of gift and death taxes along with an introduction to tax and estate planning.
Prerequisites: EBA 314 and 201.
3 credits.
EBA 351 International Accounting
(upon request)
This course is to provide an overview
of managerial and financial accounting issues encountered by multinational
corporations or firms involved in international business. These issues
include the diversity of worldwide accounting principle and the prospects
for uniform international accounting standards, foreign currency transactions
and translation, inflation, various technical accounting methods and the
implications of their application, financial disclosures, analysis of financial
statements, auditing, risk management investment analysis, methods of financing
transfer pricing, and taxation. These topics are viewed from the perspective
of companies based in the U.S. that operate in diverse business environments
throughout the globe. A requirement for the course will stress the ability
to write reports some of which will require the student to analyze foreign
company financial statements.
Prerequisite: EBA 202, Senior standing,
accounting major.
Corequisite: EBA 308. 3 credits.
EBA 451 Contemporary Accounting
Problems (Fall, Spring)
A comprehensive review of principles
of accounting through discussion of selected CPA problems. The problems
are selected from the CPA examination papers of the AICPA. Most frequently
tested CPA problems are assigned for homework and their solutions are discussed
in class.
Prerequisite: EBA 301, Corequisite
EBA 308, senior status. 3 credits.
EBA 481 Independent Study in
Accounting (upon request)(Description same as EBE 481, 3 credits)
Students investigate selected topics
in the major areas under the direction of a faculty advisor. Independent
study develops and demonstrates ability to conduct independent research,
perform independent studies in a specialized area, and present the results
in writing of professional quality. It must be both quantitatively and
qualitatively comparable to a regular college course.
Prerequisite: Permission of the
Chair. 3 credits.
EBA 493 Research Project in Accounting
(annual)
Prerequisite: Senior status or
departmental permission. 3 credits.
EBA 494 Senior Honors Project
in Accounting (upon request)
Prerequisites: EBA 493 and departmental
permission. 3 credits.
EBA 498 Internship in Accounting
(Fall, Spring)
An internship is an experiential
activity undertaken in a business, government or non-profit organization
for academic credit. Enrolling for internship credits includes supervision
of the course by a faculty member and by someone in the host organization.
Students will be evaluated periodically by a supervisor in the participating
firm and will be required to complete a term paper that will be graded
by the chair of the department or its designee.
Prerequisite: Senior status and
a GPA of 2.3 in the major, permission of department chair. 3 credits.