Prerequisites: MAT 115 or higher, BUA 101 and BUA 102 with grades of C or better or consent of instructor. An introduction to current accounting theory and practice, including accounting concepts, principles, financial statements, the accounting cycle, and selected assets such as cash, receivables, inventory and long-term assets.
Prerequisites: ACC 302 and ECO 311, all with grades of C or better or consent of instructor. A study of the attest function, including history, scope of service, ethics, and responsibilities. Planning procedures used in independent audits and the impact of materiality, risk and internal controls are covered.