Introduction to fundamental concepts and principles underlying accounting information, the accounting cycle, service and merchandising operations, sole proprietorships and partnerships, and corporations.
Preparation of basic federal tax returns for individuals: usage of computerized software (such as Quick Books) for bookkeeping; usage of mainstream office applications (such as Microsoft Access and Microsoft Excel) for accounting. Designed for majors other than accounting; may not be taken by accounting majors or minors to satisfy accounting requirements.
The study of financial tools and techniques used to analyze financial statements and other information for the purpose of deriving reasonable judgments about past, present, and future conditions of a firm and the effectiveness of its management. Dual listed with FINC 3633.
Basic financial accounting and reporting requirements for oil-and gas-producing companies, fiscal processes of a petroleum company, and compliance requirements of professional and regulatory organizations.
Prerequisite(s): ACCT 3043 or concurrent enrollment.
Intensive study of special areas in accounting with emphasis on consolidated statements; other topics include multinational companies, fiduciaries, insolvencies, partnerships, and fund accounting. This material is heavily tested on the CPA Exam.
Introduces students to professional accounting research. The course includes a study of the authoritative sources useful for accounting research. Students research, analyze, develop, and present proposed solutions to accounting and related business cases found in practice using such modern information technology resources and databases as the Financial Accounting Research System (FARS). The results of the research will be presented both written and orally. This course meets a requirement of the Texas State Board of Public Accountancy (TSBPA).
Prerequisite(s): See requirements under Internship Programs in Requirements for Majors in Business Administration.
Accounting field experience with local or regional firms. Provides significant accounting work experience with training and supervision by an employer. A written report and employer evaluation are required. May be repeated once. Must be approved with all paperwork completed prior to registration. Total hours granted for internships in all areas of business administration may not exceed six hours of credit.
Students will work in approved employment situations that can be demonstrated to be an integral learning portion of their career development education. Student performance will be reviewed by employers and by the Director of the BAAS program. Applications for the internship require the approval of the BAAS Director or Academic Advisor. BAAS students enrolled in the internship should keep a journal documenting the internship, noting the tasks undertaken, and assessing how those tasks are applicable to current employment and future career goals. From that journal, students will write an internship report.
Students will produce a capstone portfolio as the culminating activity to his/her BAAS work. The capstone course is designed to help the student assess the educational experience in relation to career goals and the application of educational concepts to those goals. Although the portfolio should be considered a “work in progress” from the student’s first enrollment in the BAAS program, the student will enroll in BAAS 4113 only once - during the last enrolled semester.