Metodologías para estimación de variabilidad viral

Accountancy (AC)

Professors: R. Bloom, G. P. Weinstein, A. L. Nagy (Chair), K. Schuele; Associate Professor: M. Webinger; Assistant Professors: M. Sheldon, J.

Garcia, T. Petzel; Executives-in-Residence: G. G. Goodrich, D. Dailey The mission of the Department of Accountancy is to prepare undergraduate and graduate students for careers in professional accounting and for licensure as Certified Public Accountants . This preparation is realized through a broad-based, liberal arts education consistent with the values and characteristics of Jesuit higher education and congruent with the missions of the University and the Boler School of Business to develop the student as a total person . The department further seeks to develop and provide quality service courses for other undergraduate and graduate areas of study within the University as well as service to other internal and external constituencies .

To achieve this mission, the Department of Accountancy mandates its faculty to: • Demonstrate quality in the classroom through teaching that stresses rigor,

discipline, method, and high standards .

• Make intellectual contributions; maintain currency with regard to professional practice; pursue professional interactions; and serve campus, community, professional, and academic organizations .

• Promote active faculty-student rapport through student advising, mentoring, and career guidance .

• Recognize ever-changing business conditions by exposing students to aspects of global business, information technology, and the application of professional ethics/morals, as well as instilling technical competence and analytical skills . Prospective accountancy majors must complete AC 201-202 with a minimum grade of C in each course before being accepted as majors . Furthermore, it is strongly recommended that majors earn at least a C in EC 201-202 and EC 210 .

A significant number of graduates begin their careers with public accounting firms while others obtain positions in industry, government, and not-for-profit organizations . Upon completion of the accountancy program, graduates may seek professional certification by taking the examinations to become, for example, a Certified Public Accountant (CPA), a Certified Management Accountant (CMA), a Certified Fraud Examiner (CFE), or a Certified Internal Auditor (CIA) .

To qualify for the CPA certificate in virtually every state, including Ohio, the candidate must complete 150 credit hours of college-level credit or satisfy alternate prequalification options . Accordingly, students are encouraged to discuss the various options with a member of the Department of Accountancy . Students

Accounting, the “language of business,” is fundamental to successful management as well as the basis for maintaining credible stewardship of any sizable organization. Accountancy majors are exposed to aspects of international accounting and the application of professional ethics throughout the curriculum. While the orientation is to instill technical competence and develop analytical skills in accounting, the department is aware that its majors must have a firm background in the liberal arts, sciences, business administration, and communications.

Courses and programs for graduate students appear in the Graduate Studies

Bulletin.

Program Learning Goals in Accountancy. Students will:

1. Be prepared for a career in professional accounting and licensure as Certified Public Accountants.

2. Have a working knowledge of the functional areas in accounting.

3. Develop an understanding of professional codes of conduct in accounting (e.g., public and managerial accounting).

4. Develop an understanding of various aspects of global business. 5. Develop an understanding of various aspects of information technology. 6. Solve accounting problems using appropriate analytical techniques.

Requirements

Major in Accountancy: 68 credit hours as described below. Business Core: 41 credit hours, including MHR 463.

Major Courses: 27 credit hours (a minimum of 15 hours in residence),

including AC 303, 304, 305, 312, 321, 341, 431, and two electives.

Elective courses in accountancy (AC 405, 422, 461, 480, 481, 483, 484, 498) enable majors to increase their expertise in several career paths.

Comprehensive Examination: Majors must pass a comprehensive

examination before graduating from the University. Seniors should take this examination in the semester they intend to complete the undergraduate accountancy curriculum. Those who fail the first written comprehensive will normally be given a second examination. Students who fail both examinations will be required to show evidence of further study in accounting and will subsequently be retested.

201-202. ACCOUNTING PRINCIPLES 3 cr. each. Prerequisite: sophomore

standing. Elements of accounting theory, covering revenues, expenses, assets, liabilities, and equity; account classification; analysis and recording of transactions; sources of accounting data; corporation accounting; theory of accounting valuations; preparation of financial statements; manufacturing cost flows and analysis.

221. FUNDAMENTALS OF ACCOUNTING 3 cr. Provides an understanding

of the purpose and use of accounting information through the study of generally accepted accounting principles and concepts as applied to financial statements. Includes measurement of assets, debt, and equities; determination of income; preparation of statement of cash flows. Offered occasionally as an online course. Does not satisfy the degree requirement for the major.

303-304-305. INTERMEDIATE ACCOUNTING 3 cr. each. Prerequisite: for

AC 303, minimum grade of C in AC 201 and 202; for AC 304, minimum grade of C in AC 303; for AC 305, minimum grade of C in AC 304. Preparation and analysis of the income statement, the statement of comprehensive income, the balance sheet, and the statement of cash flows. Coverage of key issues in financial reporting, including differences between U. S. Generally Accepted Accounting Principles and International Financial Reporting Standards.

310. ACCOUNTING FOR FINANCE MAJORS 3 cr. Prerequisite: AC

202. Finance majors may take this course or the AC 303-304-305 sequence to fulfill accounting requirements. Advanced problems of financial reporting by corporations, including the conceptual framework of financial reporting; the establishment of reporting standards; techniques of data accumulation and preparation of financial statements; applications of accounting principles.

312. COST ANALYSIS AND BUDGETARY CONTROL 3 cr. Prerequisite:

Minimum grade of C in AC 303. Difference between managerial and financial accounting; cost terminology and behavior; ethical and behavioral considerations for the management accountant; analysis and technology to support costing methods for different types of manufacturing processes; budgets for planning and control of operations; cost and profit analysis for decision making.

321. FEDERAL TAXES I 3 cr. Prerequisite: minimum grade of C in AC 303.

Theory of the income tax. Historical review of tax development, effect of statute regulations and the courts; determination of the elements of taxable income and computation of tax and tax credits for individuals. Emphasis on theory of taxation; preparation of returns used to illustrate theory.

341. ACCOUNTING INFORMATION SYSTEMS 3 cr. Prerequisites: BI 200

and minimum grade of C in AC 202. Introduction to, analysis and understanding of the role of accounting information systems in business organizations; operation and evaluation of computerized accounting systems; internal control.

405. SEMINAR IN ACCOUNTING 3 cr. Prerequisites: minimum grade of C in

AC 304 and/or as announced . Contemporary issues in accounting not covered in depth in other department courses . Specific topics, methods of presentation, and student requirements will be designated by the seminar leader .

422. FEDERAL TAXES II 3 cr. Prerequisites: AC 321 and minimum grade

of C in AC 304 . Designed to acquaint students with significant tax issues as well as reporting requirements of taxpaying entities other than individuals, including corporations, partnerships, estates, and trusts . Also, review of tax research techniques, corporate restructuring, and international operations . Recommended for students wishing to pursue CPA licensure .

431. AUDITING 3 cr. Prerequisites: AC 341 and minimum grade of C in AC 304 .

Auditing standards, ethics, audit reports, accountants’ legal liability, the effects of Sarbanes-Oxley and the PCAOB, changes from the ASB Clarity project, and other audit concepts and procedures . Major emphasis is on public accounting and financial auditing, but coverage is extended to the field of internal auditing and operational auditing .

461. INTERNATIONAL ACCOUNTING 3 cr. Prerequisite: minimum grade

of C in AC 304 . Focuses on cultural differences that underlie specific patterns of accounting standards and practices in different countries . Emphasis on

understanding financial reports of foreign-based companies . Additional emphasis on contrasting selected IFRS and FASB standards .

475. FRAUD EXAMINATION 3 cr. Prerequisite: minimum grade of C in AC

304 . Emphasis on corporate fraud and the methodology used to discover and prevent its occurrence . Corporate fraud includes both fraudulent financial reporting and asset theft . The methodology used to investigate fraud includes analytical procedures and interviewing techniques . Case studies and projects provide practical application .

480. INFORMATION SYSTEMS CONTROL & ASSURANCE 3 cr.

Prerequisite: AC 341 . Focus on information technology general controls in accounting systems . Additional emphasis on the use of data analytics in fraud examination and internal and external audit services .

483. SEMINAR IN CONTROLLERSHIP 3 cr. Prerequisite: minimum grade

of C in AC 304 . Advanced topics in controllership not covered in other AC courses . Focus on the role of the controller as chief financial and managerial accounting officer; also, the impact of ethics .

484. ACCOUNTING THEORY AND POLICY 3 cr. Prerequisite: minimum

grade of C in AC 304 . Review of accounting theory and its effects on standards development and policy decisions with respect to contemporary business problems and issues . Particular emphasis on current and evolving state of U .S . GAAP and IFRS .

489. FINANCIAL ACCOUNTING FOR SPECIAL ENTITIES 3 cr.

Prerequisite: minimum grade of C in AC 304 or equivalent. Coverage of the consolidation process; financial accounting and reporting by partnerships, state and local governmental agencies, and non-for-profit organizations. Includes fund accounting. Recommended for students wishing to pursue CPA licensure.

498. INDEPENDENT STUDY 1-3 cr. Prerequisites: Accountancy major with

an overall GPA of 3.0 or higher; permission of chair and faculty member. Research project supervised by a department member willing to act as advisor. The student selects an aspect of accounting, establishes goals, and develops a study plan that must be approved by the chair and filed with the dean’s office. Consult the chair for established guidelines established for such study.