Courses in this department, with the exception of ACCT 131, and 200
are open to juniors and seniors only. The School of Business requires students
at the Storrs campus to participate in the Mobile Computing Initiative
before registering for the courses listed below. See the School of Business
Catalog
section
for details about how this program operates. Students not participating
in the initiative may be able to register for the following classes: 131,
200, 205.
Accounting majors are required to achieve a 2.0 grade point average
in all accounting courses taken at the University of Connecticut, excluding
grades and credits for independent studies (ACCT 299's) and internships
(ACCT 289's) as a requirement for graduation.
| 131. Principles
of Financial Accounting
Either semester. Three credits. Not recommended for freshmen.
The study of the generation and interpretation of accounting information
as a basis for financial statement analysis and management decision-making. |
| 200. Principles
of Managerial Accounting
Either semester. Three credits. Prerequisite: ACCT 131. Open to sophomores
or higher. Not open to students who have passed or are taking BADM 210.
Internal reporting to managers for use in planning and controlling operating
systems, for use in decision-making, formulating major plans and policies,
and for costing products for inventory valuation and income determination. |
| 201. Intermediate Accounting
I
Either semester. Three credits. Prerequisite: ACCT 200 and ECON 112.
An in-depth study of financial accounting, giving particular emphasis
to balance sheet valuations and their relationship to income determination. |
| 202. Intermediate
Accounting II
Either semester. Three credits. Prerequisite: ACCT 201.
A continuation of Accounting 201. |
| 203. Advanced Accounting
(Also offered as ACCT 303.) Either semester. Three credits. Prerequisite:
ACCT
202.
An in-depth study of accounting for business combinations. Coverage
will also be given to accounting for nonprofit entities and contemporary
issues in financial accounting. |
| 205. Introduction
to a Profession
First semester. One credit. Prerequisite: ACCT 131. Required for Accounting
majors.
Designed to help students (1) understand the professional responsibilities
of accountants, (2) enhance one's knowledge of the structure of the accounting
profession and the reporting process, (3) evaluate alternative accounting
careers, and (4) prepare for accounting internship and career opportunities.
Consists of a series of evening seminars. Topics include: alternative accounting
careers, accounting standard setting, professional certification for accountants,
and analysis and interpretation of accounting information. A major course
project involves the analysis of the annual report of a real-life company.
The course will also introduce and allow students to interact with UConn
accounting alumni in a variety of accounting careers. |
| 221. Cost Accounting
Either semester. Three credits. Prerequisite: ACCT 200 and OPIM 203
(may be taken concurrently).
The study of (1) product costing as a basis for income determination
and inventory valuation and (2) accounting concepts for planning and controlling
organizational operations. |
| 222. Cost Analysis
Either semester. Three credits. Prerequisite: ACCT 221.
An advanced study of the generation and use of accounting data, and
the application of quantitative methods of analysis in management accounting. |
| 243. Assurance Services
(Also offered as ACCT 304.) Either semester. Three credits.
Prerequisite: ACCT 202.
This course focuses on issues relevant to the public accounting profession,
such as legal liability and ethics, audit risk analysis,
planning of audit engagements, audit reports, and other assurance services
and reports. Students will learn to think critically about issues facing
the accounting profession, primarily by analyzing cases and completing
a number of individual and group research projects. |
| 260. Federal Income Taxes
Either semester. Three credits. Prerequisite: ACCT 131.
A study of the underlying concepts of federal income taxation. Emphasis
to be placed upon the impact of taxes on business decisions. |
| 264.
Advanced Federal Taxes and Tax Research
Second semester. Three credits. Prerequisite: ACCT 260.
An in-depth analysis of the tax aspects of corporations,
partnerships, and S corporations, including their organization,
operations (including international aspects), and liquidation. The
course includes an examination of tax research methodology and techniques,
using both printed and electronic materials, and discussions of cases requiring
tax planning. |
| 289. Field Study Internship
Either or both semesters. Six credits. Hours by arrangement. Prerequisite:
courses in Principles of Managerial Accounting, Cost Accounting and Intermediate
Accounting, as well as consent of instructor and department head. Students
taking this course will be assigned a final grade of S (satisfactory) or
U (unsatisfactory).
Designed to provide students with an opportunity for supervised field
work. Students will work with one or more professionals in their major
academic area. Student performance will be evaluated on the basis of an
appraisal by the field supervisor and a detailed written report submitted
by the student. |
| 293. Foreign Study
Either or both semesters. Credits and hours by arrangement, up to a
maximum of six credits. Consent of department head required, prior to the
student's departure.
Special topics taken in a foreign study program. |
| 296. Senior Thesis
in Accounting
Either semester. Three credits. Hours by arrangement. Open only to Accounting
Department Honors Students with consent of instructor and Department Head. |
| 298. Special Topics
Either semester. Credits and hours by arrangement. Prerequisite: Announced
separately for each offering. With a change in content, may be repeated
for credit.
Classroom course in special topics as announced in advance for each
semester. |
299. Independent Study
Either or both semesters. Credits by arrangement, not to exceed six
in any semester. Open only with consent of instructor and Department Head.
Individual study of special topics as mutually arranged between a student
and an instructor. |