USF 1998-99 Undergradutate Catalog - Page 160 | Course Descriptions |
The objectives of the baccalaureate degree program in accountancy are to provide students with accounting and business knowledge that will serve as a basis for careers in industry, government, non-profit organizations and public accountancy.
The baccalaureate program also prepares students for entry into the Master of Accountancy (M.Acc.) professional degree program.
The State of Florida, like most states, requires a fifth year of education in order to sit for the CPA examination. Any further questions concerning the CPA examination should be directed to the faculty of the School of Accountancy.
In addition to the non-business and business foundation courses listed in the General Requirements section, students must complete a minimum of 27 hours of upper level accounting courses, of which 18 credit hours must be taken in residence at USF, and sufficient elective hours to reach a 120 hour total.
Required Accounting Courses:
Total (18)
Electives (9 hours)
Total (9)
The student's program must also include coursework taken in behavioral sciences and humanities, such as psychology, anthropology, and sociology, and the political environment of business and society, such as political science, public administration, and ethics. College of Business Administration advisors will recommend courses that will satisfy the program requirements.
Accounting majors can use the forgiveness policy only once in upper level accounting courses. Accounting courses taken by accounting majors on an S/U basis will not be counted toward the 120 hour graduation requirement. Independent Research, ACG 4911, will not be accepted as credit toward the minimum degree requirements in the accounting concentration.
Accounting majors must earn a "C" grade in each of the sequential upper-level accounting courses before being allowed to go on to the next course: i.e., ACG 3103, ACG 3113, ACG 3341, ACG 4632, TAX 4001.
A student wishing to transfer to USF should complete the A.A. degree at a Florida community/junior college. Some courses required for the major may also meet General Education Requirements thereby transferring maximum hours to the university. A minimum of 60 semester hours must be completed at the university unless prior approval is secured. If a student transfers without an A.A. degree and has fewer than 60 semester hours of acceptable credit, a student must meet the university’s entering freshman requirements including ACT or SAT test scores, GPA, and course requirements. A transfer student should also be aware of the immunization, foreign language, and continuous enrollment policies of the university.
To be admitted to the College of Business Administration upper division major, a student must first be accepted to the university. Additionally, a student must have completed a minimum of 60 semester hours, earned a 2.0 all-college grade point ratio, and completed the prerequisite courses below with a 2.0 GPA, no grade lower than a “C” and a 2.0 GPA in all work attempted at USF, including any credit prior to salvage. A student working toward meeting the limited access criteria and who has completed 60 hours will be permitted to enroll in selected upper division courses.
USF 1997-98 Undergradate Catalog - Page 164
Prerequisites (State Mandated Common Prerequisites)
ACCOUNTING/LAW FACULTY
Director, School of Accountancy: R. M. Keith; James E. Ellis Rooks Distinguished Professor in Business Administration: D. M. Dennis, Professors: D. M. Dennis, T. J. Engle, J. A. Fellows, G. L. Holstrum, K. L. Hooks, R. M. Keith, G. H. Lander, J. R. Martin, C. J. O'Neil, J. L. Smith, W. L. Stephens, R. J. West; Professors Emeritus: L. C. Jurgensen; K. W. Merriam; Associate Professors: J. F. Bussman, L. C. Harris, S. C. Kahn, G. A. H. Laursen, W. H. Parrott, J.D. Siebel, R. F. Welker, G. F. Whittaker; Assistant Professors: C. A. Frownfelter, J. E. Hunton, J. Lasseter, M. G. McCoskey, J. L. Reck; Instructors: C. L. Jozsi, T. A. Price, W.C. Quilliam.
| Top |
USF 1998-99 Undergradutate Catalog - Page 165
ACG 2021 PRINCIPLES OF FINANCIAL ACCOUNTING (3)
Study of basic financial accounting principles including the recording, reporting and use of financial information and the preparation and interpretation of financial statements.
ACG 2071 PRINCIPLES OF MANAGERIAL ACCOUNTING (3)
PR: ACG 2021. A study of the accountant's role in assisting management in the planning and controlling of business activities.
ACG 3074 MANAGERIAL ACCOUNTING FOR NON-BUSINESS MAJORS (3)
The study of the uses of accounting data internally by managers in planning and controlling the affairs of organizations. Does not count towards major or CPA requirements.
ACG 3103 INTERMEDIATE FINANCIAL ACCOUNTING I (3)
PR: ACG 2021. Theory and methodology underlying financial reporting, including the FASB's conceptual framework, the accounting process, financial statements, accounting changes, present value applications, and current assets.
ACG 3113 INTERMEDIATE FINANCIAL ACCOUNTING II (3)
PR: ACG 3103. Continuation of ACG 3103. Topics covered include property, plant and equipment, intangibles, current liabilities, long-term debt, stockholders' equity, earnings per share computations, and investments.
ACG 3341 COST ACCOUNTING AND CONTROL I (3)
PR: ACG 2071or ACG 3103. Deals with cost accounting systems for different entities, cost behavior patterns, cost-volume-profit analysis, relevant information for decision making, and budgets and standard costs for planning and control.
ACG 3401 ACCOUNTING INFORMATION SYSTEMS (3)
PR: ACG 2021and CGS 2100. This course provides students with a basic understanding of well-controlled information systems in a variety of technological environments with added emhasis placed on the collection, processing, and reporting of accounting information. Students who complete this course will not receive credit for ACG 4621.
ACG 4123 INTERMEDIATE FINANCIAL ACCOUNTING III (3)
PR: ACG 3113. Theory and practice underlying revenue recognition, income tax allocation, leases, postretirement benefits, error analysis, statement of cash flows, full disclosure, and other current accounting topics.
ACG 4351 COST ACCOUNTING AND CONTROL II (3)
PR: ACG 3341. Application of the material covered in ACG 3341 with specific emphasis on cost allocations, performance measurements, analysis of current cost accounting systems and accounting in today's environment (giving consideration to the influences of the international environment).
ACG 4501 GOVERNMENTAL/NOT-FOR-PROFIT ACCOUNTING (3)
PR: ACG 2021. Application of financial and managerial accounting, and auditing, principles and theory to both governmental and not-for-profit entities.
ACG 4621 COMPUTER CONTROL AND AUDIT (3)
PR: ISM 3113. Study of information systems controls and auditing techniques emphasizing the effect both genenral and specific controls have on asset protection, data integrity, system effectiveness and efficiency in computerized business environments. Students who complete this course will not receive credit for ISM 4320 or ACG 3401.
ACG 4632 AUDITING I (3)
PR: ACG 3113 and ACG 3401. This course provides a sound conceptual foundation of basic Auditing process from the perspective of the public accounting profession. Professional standards, ethics, legal responsibilities, and the utilization of technology are addressed.
ACG 4642 AUDITING II (3)
PR: ACG 4632. Further development of material covered in ACG 4632, with special emphasis on additional reporting topics and audit techniques not previously addressed.
ACG 4901 INDEPENDENT STUDY (1-3)
PR: Consent of Director. Specialized independent study determined by the students' needs and interests. May be repeated up to 6 credit hours. (S/U only.)
ACG 4911 INDEPENDENT RESEARCH (1-4)
PR: Consent of Director. Individual study contract with instructor and director required. The research project will be mutually determined by the student and instructor. May be repeated up to 8 hours.
ACG 4931 SELECTED TOPICS IN ACCOUNTING (1-4)
PR: CI. The course content will depend on student demand and instructor's interest.
ACG 4932 HONORS ACCOUNTING SEMINAR (3)
PR: Honors accounting student in final semester of bachelor's program. Use of case studies to explore the interaction of accounting and business topics that have been previously emphasized in separate courses.
ACG 5201 ADVANCED FINANCIAL ACCOUNTING IV (3)
PR: ACG 4123. Advanced accounting. Accounting for business combinations, preparation of consolidated financial statements, home office/branch relationships, foreign operations and transactions, and partnerships.
ACG 5675 INTERNAL AND OPERATIONAL AUDITING (3)
PR: ACG 3113 and ACG 3401; CR: ACG 4632. To provide students with an opportunity to learn about the theory and practice of Internal and Operational Auditing and to apply relevant audit principles and techniques to selected audit problems.
ACG 5935 SELECTED TOPICS IN ACCOUNTING (1-4)
PR: CI. To allow advanced undergraduate students and graduate students to research and study contemporary and emerging topics in the field. May be repeated up to 6 credit hours.
TAX 4001 CONCEPTS OF FEDERAL INCOME TAXATION (3)
PR: ACG 2021. Major concepts used in taxation of income by federal government including enactment of tax laws, basic tax research, preparation of basic tax returns and exploration of tax policy issues.
TAX 5015 FEDERAL TAXATION OF BUSINESS ENTITIES (3)
PR: TAX 4001. Tax issues encountered by small businesses. Includes tax planning, capital formation and preservation, tax compliance and tax alternatives.
Send comments to:
Karen M. Hall - webCat@ugs.usf.edu
Effective Date: Semester I, 1998
http://www.ugs.usf.edu/catalogs/9899/acc.htm