Accounting, Law, and Computer Information Systems
(ACCT/LAW/CIS)

Dr. Mehmet Ulema

Chair of the Department

Accounting (ACCT)

Accounting majors must take LAW 304, ACCT 301, 302, 303, 401, 404, 405, 409, 425 plus three credits among the following: ACCT 320, 410, 435, 460 and 470. A minimum grade of C is necessary to receive major or minor credit.

201-202. Principles of Accounting I & II. Introduces fundamental accounting principles in accounting and demonstrates how these principles are used in preparing and interpreting financial statements of business organizations. Emphasis is given to the effect of transactions and events on the financial position, profitability and cash flows of business enterprises. Concepts and methods underlying management decisions are analyzed. Ethical issues in accounting are discussed. (Cr. 3, 3)

301-302. Intermediate Accounting I & II. Two-semester courses cover financial reporting for business enterprises under GAAP. A review of the practical foundation of financial concepts and reporting, and their practical application to accounting procedures. The topics covered include income and expense measurements, asset and liability measurements, and accounting for owners’ equity. Moreover, coverage of special topics such as accounting for revenue recognition, income taxes, pension, and leases. Computer-based problems involving spreadsheets and accounting software are integrated throughout the two courses. Supplementary assignments on ethics sensitize students to ethical situations and dilemmas encountered by practicing accountants. Prerequisites: ACCT 201-202.          (Cr. 4, 4)

303. Cost Accounting. This course concentrates on providing key cost data to managers. The idea of providing different costs for different purposes is stressed. The topics covered include measurement and reporting of manufacturing costs, job costing, process costing, activity-based costing, standard costing variance analysis, variable costing, cost allocation, joint products, quality costs, operations costing, just in time systems, and backflush costing. Fall. Prerequisites: ACCT 201-202.     (Cr. 4)

320. Financial Statement Analysis. This course covers financial statement analysis for security valuation. First, it reviews the investment environment in which financial statement analysis takes place. Second, it compares valuation models based on forecasts of dividends, cash flow and accounting earnings. The course provides an in-depth analysis of each of the four financial statements. It analyzes financial ratios with special emphasis on the Price-to-Book and Price-Earnings ratios. It provides guidelines for forecasting future financial statements for valuation. The course is recommended for students with an interest in investing, including finance majors and accounting minors. Prerequisite: ACCT 201, ACCT 202, FIN 301 or 306.

401. Auditing. Auditor’s responsibilities in examining and preparing various reports on financial statements and his/her function in evaluating management controls. Topics include professional ethics, legal liability, auditing standards, internal control, and the selection, scope, and application of auditing procedures. Fall. Prerequisite: ACCT 301-302.  (Cr. 3)

404. Information Technology Assurance and Audit. Evaluation of an EDP system; concepts of system and design; techniques of analyzing and flow charting various systems; use of computer audit package programs; and study of organizational, security, input, output, processing, and documentation controls. Spring. Prerequisites: ACCT 301, 302, 401.     (Cr. 3)

405. International and Advanced Issues in Accounting. Discussion of global accounting issues such as international differences and harmonization; accounting for foreign currency transactions; consolidated financial statements; as well as other advanced issues such as governmental, nonprofit accounting, and accounting for bankruptcy. Spring. Prerequisites: ACCT 301-302.          (Cr. 3)

409. Income Taxation. Theory and problems of federal income taxes as applied to individuals. Fall. Prerequisite: ACCT 301-302.          (Cr. 3)

410. Federal Taxation II. Theory and problems of federal income tax system as it applies to entities other than individuals. Topics include tax research, corporate taxation, partnership taxation and the taxation of estates and trusts. Spring. Prerequisite: ACCT 409.       (Cr. 3)

425. Ethical Issues in Accounting. The ethical implications of accounting are reviewed. This includes the ethical standards of various professional organizations. Finally, ethical decision making and the related behavioral, structural and enforcement issues are addressed. Prerequisite: PHIL 201.            (Cr. 3)

435. Accounting Field Study Internship. Students will work in an accounting position for 120 to 150 hours. A journal will be maintained and a project, supervised by a faculty advisor, will be completed with a final report. Students will participate in career development seminars covering such topics as resume writing, interviewing, networking and workplace etiquette. (Cr. 3)

460. Accounting Seminar. This course exposes students to theories and issues of current professional interest in accounting. Open to a limited number of students who meet departmental requirements and have the approval of the Chair of the Department. Prerequisite: ACCT 201-202           (Cr. 3)

470. Accounting Tutorial/Independent Study. A program of supervised reading and research under the direction of a member of the Department. Topics and methods of research are to be developed in consultation with the supervising professor. Open to qualified students who meet the departmental requirements and have the approval of the Department Chair and the Dean.      (Cr. 3)

Law (LAW)

203. Business Law I. Studies the impact of law on the business environment. Topics include the nature and sources of law, ethics, court systems, crimes, torts, intellectual property, contracts, agency and the forms of business organizations. Prerequisite: at least sophomore standing.       (Cr. 3)

304. Business Law II. This is the second half of a two semester course exploring the legal environment of business. Topics include personal property and bailments, real property, landlord and tenant, wills, trusts and estates, corporations, securities regulation, consumer protection, employment law, sales and negotiable instruments. Spring. Prerequisite: LAW 203.    (Cr. 3)

 

Computer Information Systems (CIS)

The Computer Information Systems program offers a core course, 210, required of all business students and a major in computer information systems. The major emphasizes information systems and the use of computers in aiding business professionals to perform their function in modern organizations. Computer Information Systems majors must take CIS 301, 305, 310, 326, 431. A minimum grade of C is necessary for credit in major and minor courses.

210. Introduction to Information Systems. Critical technologies used to manage information in today’s rapidly changing business environment are introduced. Analysis of computer hardware, software, networks, spreadsheets, search engines, database management systems, e-commerce and related ethical issues.  (Cr. 3)

301. Introduction to Programming for Business Applications. Programming fundamentals with introduction to Visual Basic programming, problem solving, and application development. Emphasis on implementing programs to solve simple business problems. Fall. Prerequisite: CIS 210.          (Cr. 3)

305. Computer Hardware and Software. Introduction to computer architecture and system software. Major topics include basic computer architecture, parallel computing, operating systems design and functionality, and software development. Prerequisite: CIS 210. (Cr. 3)

310. Database Concepts and Programming. Introduction to database management systems. Major topics include principles of relational database structure, design, management and SQL programming. Prerequisite: CIS 210.            (Cr. 3)

316. E-Commerce Technologies. Introduction to implementing and managing an e-Commerce infrastructure. Major topics include web content creation using markup and scripting languages such as HTML, XML and JavaScript; audio, graphics, and video content technologies, web server setup and administration, web security and caching. Prerequisite: CIS 210.            (Cr. 3)

326. Networks, Telecommunications and Global Communications. An introduction to computer networking and telecommunications. Major topics include networking and telecommunications fundamentals, LANs, wireless communication, the Internet, standards, and protocols. Prerequisite: CIS 305  (Cr. 3)

424. Decision Support Systems and Expert Systems. A study of the fundamental techniques used to construct Decision Support Systems and Expert Systems. Major topics include knowledge representation and management, the semantic web and the role of database management systems in decision support systems. Prerequisite: CIS 310.       (Cr. 3)

426. Network Management. An introduction to a broad spectrum of network, system and applications management. Students will gain theoretical and practical knowledge of network and system architectures such as TMN, protocols such as SNMP, information modeling, and NM applications such as Configuration, Fault, and Performance management. Prerequisite: CIS 326.           (Cr. 3)

431. Analysis and Design of Information Systems. A study of the development of information systems from initiation to design, including requirement analysis and reviews. A phased approach and structured analysis methodologies are emphasized. Prerequisite: CIS 310.    (Cr. 3)

460. Computer Information Systems Seminars. This course exposes students to evolving techniques and theories on issues of current professional interest in information system development and practice. Topics may include network design and management, software engineering, computer and network security, ethical, global, and legal issues of information systems. Prerequisite: varies according to topic.          (Cr. 3)

470. Computer Information Systems Tutorial/ Independent Study. A program of supervised reading and research under the direction of a member of the Department. Topics and methods of research are to be developed in consultation with the supervising professor. Open to qualified students who meet the departmental requirements and have the approval of the Department Chair and the Dean. Prerequisite: CIS 310.