Minor in Accounting

Our minor in accounting is designed to enhance your practical accounting knowledge. The minor requires completion of 15 credit hours.

Required:

ACT 2200 Financial Accounting  3 credits
MGT 2050 Principles Of Management  3 credits

Select three of the following (four for business majors):

ACT 2300 Managerial Accounting  3 credits
ACT 3030 Cost Management  3 credits
ACT 3050 Intermediate Accounting I  3 credits
ACT 3060 Intermediate Accounting II  3 credits
ACT 4050 Accounting Information Systems  3 credits
ACT 4210 Auditing I  3 credits
TXX 3110 Federal Taxation I  3 credits

Current students: Please consult your Academic Advisor for program requirements or access SharkLink for your CAPP report. Program requirements are subject to change, and your Academic Advisor or CAPP report can provide you with the courses required for your catalog term.

Course Descriptions

Full-Time professionals are available to discuss the minor in accounting curriculum with you in greater detail. Simply call 800.338.4723 or contact our Office of Undergraduate Admissions.

MGT 2050     Principles Of Management  (3 cr.)

Provides an overview of management history and theory, schools of management thought, the functions and processes of management, and the environment within which the modern manager operates.

ACT 2200     Financial Accounting  (3 cr.)

Provides an introduction to financial accounting and its decision-making elements. Areas covered are the conceptual frameworks of accounting, financial statements and their components, and advance manufacturing environments. Prerequisite: MATH 1030 or higher.

ACT 2300     Managerial Accounting  (3 cr.)

Integrates the accounting process with the planning, coordinating, and control functions of the business organization. Topics include strategic planning, tactical and operational decision making, budgeting, responsibility accounting, and performance measurement. Prereqiuiste: MATH 1030 or higher

ACT 3030     Cost Management  (3 cr.)

Students learn cost measurement techniques in the manufacturing and service sectors. Using a strategic approach, the course examines the design and operation of cost accounting systems in both traditional and advanced manufacturing environments. Prerequisite: ACT 2300.

ACT 3050     Intermediate Accounting I  (3 cr.)

Study the conceptual framework of accounting and the development of the balance sheet and income statement. Examine the concepts underlying the valuation of current and non-current assets and current liabilities. Cover the recognition and measurement of Income. Prerequisite: ACT 2200.

ACT 3060     Intermediate Accounting II  (3 cr.)

Continuation of Intermediate Accounting I. Study of long-term liabilities (including bonds, pensions, and leases), inter-period tax allocation, owners' equity, and earnings per share. Prerequisite: ACT 3050.

TXX 3110     Federal Taxation I  (3 cr.)

Examines the fundamentals of individual income taxation. A background of accounting courses is not essential for this course. The course may be of special interest to non business majors. Topics include exemptions, exclusions, and deductions available to the individual. These concepts will aid the student in the preparation of an individual tax return. Prerequisite: ACT 2200.

ACT 4050     Accounting Information Systems  (3 cr.)

Examines the design, construction, and operation of accounting information systems. Information theory, database construction, computer hardware and software selection, and internal control are also covered. Prerequisites: ACT 3070.

ACT 4210     Auditing I  (3 cr.)

Provides an overview of basic auditing concepts, auditing standards, and audit programs. Special emphasis is given to preparing the student for the auditing section of the CPA examination. Prerequisite: ACT 3060.




Undergraduate Program