12: Division of Continuing Education

General Information | Off-Grounds Programs | Facilities | General Regulations
Tuition, Fees, and Refunds | Certification in Criminal Justice Education
Certificate Program in Human Resources Management | Certificate Program in Accounting
Certificate Program in Procurement and Contract Management
Certificate Program in Editing | Faculty

Accounting Course Descriptions

Course Descriptions

Accounting Faculty


COMM 201 - (3)
Introductory Accounting

Designed to introduce students to the language of business, the course begins with the role of financial data in contemporary society and proceeds to develop the accounting model for capturing financial data, followed by the problems of measuring and reporting income, assets, liabilities, and equities.

COMM 202 - (3)
Introductory Accounting II

Prerequisite: COMM 201
Continuation of COMM 201. Approximately one third of the course deals with additional financial accounting topics with an emphasis on managerial considerations and financial analysis. Cost accumulation, allocation, and product cost methods are studied in a manufacturing setting. Matters such as evaluation of performance planning, cost behavior, and special decisions are emphasized.

COMM 311 - (3)
Intermediate Accounting I

Prerequisite: COMM 202
An intensive study of the generally accepted accounting principles for asset valuation, income measurement, and financial statement presentation for business organizations, and of the processes through which these principles evolve.

COMM 312 - (3)
Intermediate Accounting II

Prerequisite: COMM 311
Continuation of COMM 311, with emphasis on accounting for the equities of a firm's investors and creditors. Special problem areas in financial accounting including accounting for leases, pensions, and income taxes are covered.

COMM 314 - (3)
Cost Accounting

Prerequisite: COMM 202
Emphasizes the role of cost accounting in assisting managers to select and reach their objectives. Focus is on cost analysis for planning and control with attention to developing analyses of models for inventory control, price setting, and making capital investments.

COMM 320 - (3)
Introduction to Business Information Processing

Covers business applications both for mainframes and microprocessors and their capabilities and limitations. Introduces concepts and terminology of computer-based information systems. Emphasis is on selection and management of hardware, software, data, personnel, and procedures.

COMM 421 - (3)
Elementary Auditing

Prerequisites: COMM 311, 312
The nature of the auditing profession is examined through a study of the social and economic environmental influences on auditing, the structure of the profession, and the ethical and legal responsibilities of auditors. Audit methodology is examined through the study of auditing standards and the concepts and procedures developed to implement these standards. Topics include the nature of evidence, program planning work papers, sampling, internal control evaluation, types of audit test, audit reports, and EDP.

COMM 341 - (3)
Commercial Law I

Basic legal principles applicable to ordinary commercial transactions, with special emphasis on contracts, agencies, and partnerships.

COMM 342 - (3)
Commercial Law II

Prerequisite: COMM 341
The functioning and growth of laws as an institution in relation to business, with particular emphasis on corporations, property, and the Uniform Commercial Code.

COMM 371 - (3)
Managerial Finance I

Prerequisites: COMM 201, 202
The development of managerial theory and decision methodology is emphasized in evaluating the financial function of the firm. Working capital management as well as the concepts and techniques employed in the procurement of resources from financial markets and their allocation to productive investments are analyzed.

COMM 431 - (3)
Selected Topics in Advanced Accounting

Prerequisites: COMM 311, 312
A study of accounting and financial reporting for partnerships, business enterprise segments, home office/branch office, foreign transactions and translation, business combinations and other intercorporate investments, and consolidated statements.

COMM 432 - (3)
Accounting Theory

Prerequisites: COMM 311, 312, 314
The theories underlying financial measurements of events which effect reporting entities. Included is the historical development of accounting thought and how it has been influenced by social, political, and economic forces. The structure and methodology of theory are analyzed, and objectives, postulates, and principles are examined. Income determination and the valuation, classification, and reporting of assets and equities are explored. Various accounting models are compared.

COMM 445 - (3)
Federal Taxation I

Prerequisite: COMM 202 or permission of instructor
An analysis of the federal income tax law and its application to individuals. A study is made of problems covering personal and business tax situations. Several cases are assigned for which the student prepares illustrative tax returns.

COMM 446 - (3)
Federal Taxation II

Prerequisite: COMM 445 or permission of instructor
An analysis of the federal income tax law and its application to corporations, shareholders, partnerships, partners, estates, and gift transactions. From this, basic concepts and tax attributes relating to the alternative forms of operating a business are considered. The course is also designed to provide the student with the basic skills required to do tax research.

COMM 533 - (3)
Accounting for Non Business Organizations

Prerequisite: COMM 312
Financial accounting for governmental and not-for-profit organizations. The theory and techniques of accounting and reporting for various funds and groups of accounts is studied.

Continue to: Certificate Program in Procurement and Contract Management
Return to: Chapter 12 Index