Undergraduate Catalog 2022-2023

Kenneth W. Monfort College of Business

Department of Accounting and Computer Information Systems

BAAC 220 Principles of Accounting I

An introduction to basic principles of accounting. The accounting cycle is examined in relation to recording, classifying, reporting and interpreting financial information for business.
3

Prerequisites

(24.0 credits required) and (BACS 101 with a minimum grade of C-)

Course Fee

Differential Tuition Required

BAAC 221 Principles of Accounting II

The course examines the concepts and applications of managerial accounting which provides economic, financial, and nonfinancial information for managers and other internal users.
3

Prerequisites

(BACS 101 and BAAC 220 with a minimum grade of C-)

Class Restriction

Include Sophomore and Junior and Senior

Course Fee

Differential Tuition Required

BAAC 301 Survey of Accounting

No graduation credit for business majors. A survey course studying accounting as the language of business. Topics include the environment, methods and uses of accounting information, financial statement development and use, and cost information development and analysis for decision making.
3

Major/Minor Restriction

Exclude Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 320 Intermediate Accounting I

An activity course stressing the conceptual framework of accounting, a review of the accounting process, statement presentations of current assets, property, plant, equipment and intangible assets.
3

Prerequisites

BAAC 221 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 321 Intermediate Accounting II

An activity course with emphasis on current and long-term liabilities, investments, stockholders' equity, pensions, leases, income taxes and cash flows.
3

Prerequisites

BAAC 320 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 322 Fraud Examination

An introduction to occupational fraud and white-collar crime with a focus on how and why fraud is committed and how fraud is detected, investigated, resolved, and deterred.
3

Prerequisites

BAAC 220 with a minimum grade of C-

Major/Minor Restriction

Include Computer Information Systems (and) Network/Info Systems Security (and) Nonprofit Administration (and) Entrepreneurship (and) Global Business (and) Business Administration Major(s)/Minor(s)

Course Fee

Differential Tuition Required

BAAC 323 Cost and Managerial Accounting I

Accumulating and analyzing information for management purposes. Topics include product costing, cost-volume-profit relationships, budgeting and performance evaluation.
3

Prerequisites

BAAC 221 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 325 Income Tax I

A comprehensive introduction to federal income taxation with emphasis on tax implications of business transactions. Basic tax concepts are applied to a broad range of taxpayer activities and related entities.
3

Prerequisites

BAAC 221 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 328 Accounting Systems

An activity course designed to study elements of accounting information systems. Conceptual modeling, implementation of accounting transaction processing systems, enterprise value chains, business processes, documentation, and control requirements are emphasized.
3

Prerequisites

(BACS 300 and BAAC 221 with a minimum grade of C-)

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 329 Tax Cases

A case-based course that promotes understanding and application of tax and business research planning. Emphasis is on researching, solving, and presenting business tax planning cases. S/U graded.
3

Major/Minor Restriction

Include Business Administration Major(s)

Repeatable Status

Course is repeatable with a maximum of 6 credit hours

Course Fee

Differential Tuition Required

BAAC 421 Advanced Accounting

An activity course covering business combinations, consolidated financial statements, partnerships, segmental reporting and foreign operations.
3

Prerequisites

BAAC 321 with a minimum grade of C-

Major/Minor Restriction

Include Accounting Concentration(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 422 Directed Studies

Individualized investigation under the direct supervision of a faculty member. (Minimum of 37.5 clock hours required per credit hour.) Letter graded.
1- 3

Special Notes

Maximum concurrent enrollment is two times.

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Attribute

Variable Title Course

Repeatable Status

Course is repeatable with no limitations

Course Fee

Differential Tuition Required

BAAC 424 Accounting Ethics

This course will provide framework tools of ethical decision-making in order to challenge the student to identify and examine their own ethical strategies. This course specifically focuses on the ethical issues that influence the development of both the public and private accounting professions.
3

Prerequisites

BAAC 320 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 425 Auditing I

This is an activity course covering an overview of U.S. GAAS procedures and techniques of auditing including auditor's report, internal control, evidence gathering, legal liability, statistical sampling and computer auditing.
3

Prerequisites

BAAC 320 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Senior

Course Fee

Differential Tuition Required

BAAC 427 Governmental and Institutional Accounting

This is an activity course involving the study of accounting processes and procedures used by state and local government units and other selected not-for-profit entities.
3

Prerequisites

BAAC 221 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 429 Income Tax II

An activity course that promotes understanding beyond a foundation course. Emphasis is on advanced topics in individual and entities taxation with a focus on tax policy issues and planning implications.
3

Prerequisites

BAAC 325 with a minimum grade of C-

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Fee

Differential Tuition Required

BAAC 492 Internship in Accounting

Practical work experience allowing the intern the opportunity to utilize the material learned in accounting courses. Credit for the internship is determined by the coordinator. S/U graded.
3

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Repeatable Status

Course may be repeated 3 times or course is repeatable with a maximum of 9 credit hours

Course Fee

Differential Tuition Required

BAAC 495 Special Topics in Accounting

This seminar course explores advanced topics in accounting. Special topics will be specified by the instructor. S/U or letter graded.
1- 3

Major/Minor Restriction

Include Business Administration Major(s)

Class Restriction

Include Junior and Senior

Course Attribute

Variable Title Course

Repeatable Status

ST - Repeatable under different subtitles with no limits on the number of times it can be repeated

Course Fee

Differential Tuition Required