uwf banner 2004-2005 CATALOG  
Table of Contents
Welcome
Telephone Directory
Academic Calendars
     Year 2004/2005
     Fall Semester 2004
     Spring Semester 2005
     Summer Semester 2005
University Mission
Accreditations
Degrees, Areas of Specialization,
Minors

Admissions
After Admission
Financial Assistance
Student Activities
Student Services and Resources
Tuition and Fees
Military and Veterans Information
Registration and Records
Academic Policies
Graduation and General Degree
Requirements

Public Service and Research Centers
College Mission Statements
Undergraduate Degree Programs
Master's Degree Programs
Specialist Degree Programs
Doctoral Degree Programs
Course Numbering System
Course Listings and Descriptions
Administration
Faculty
Index
Course Listings/Descriptions
Semester offering codes corrected and posted on June 7, 2004.
ACG-Accounting: General

ACG 2021 Principles of Financial Accounting . . . . . 3(F,S,SS)
Introduction to financial accounting as an information and decision support system for users of financial information.

ACG 2071 Principles of Managerial Accounting . . . . . 3(F,S,SS)
Prerequisite: ACG 2021.
Role of accounting as a tool in decision making process within economic framework of the firm.

ACG 3082 Accounting for Non-Majors . . . . . 3(CALL DEPT)
Coverage of financial, managerial, and cost accounting topics with an emphasis on uses of accounting information; available to non- business majors only.

ACG 3101 Intermediate Financial Accounting I . . . . . 3(F,S,SS)
Prerequisite: ACG 2071 and CGS 2570.
Accounting principles and financial accounting practices. Particular emphasis on analysis of balance sheet accounts through problem solving.

ACG 3111 Intermediate Financial Accounting II . . . . . 3(F,S,SS)
Prerequisite: ACG 3101 and FIN 3403.
Continuation of ACG 3101.

ACG 3172 Financial Accounting Topics . . . . . 3(CALL DEPT)
Prerequisite: ACG 2021, ACG 2071, ECO 2013, ECO 2023, and FIN 3403.
Explain/analyze complexities of leases, pensions, income taxes, long-term debt, long-term investments, stockholders' equity, accounting changes, and other financial components from a financial statement user perspective. Available to non-accounting majors only.

ACG 3311 Applied Managerial Accounting . . . . . 3(F,S,SS)
Prerequisite: ACG 2021 and ACG 2071.
Gives students an opportunity to have basic business decision making skills on accounting information. Students will analyze cases involving various business situations. Topic areas to be covered include financial statement analysis, cost-volume-profit analysis, budgeting, performance evaluation, and special decision making. Available to non-accounting majors only.

ACG 3343 Cost Accounting . . . . . 3(F,S)
Prerequisite: ACG 2071, CGS 2570.
Provides students with the skills to prepare accounting information for use in the management decision making process. Contains material on accounting system design, budgeting, standard costing, direct costing, performance evaluation, and use of accounting information.

ACG 3401 Accounting Information Systems . . . . . 3(F,S)
Prerequisite: ACG 3101.
Design of systems to capture, process and report accounting information.

ACG 3949 Cooperative Education . . . . . 1-2(F,S,SS)
Alternating full-time or consecutive parallel terms of practical experience in the intended field. Reinforcing academic preparation, confirming educational and career goals, personal and professional development, early start in career, earnings toward self-support, and improved employability. (See program description under Cooperative Education). Graded on satisfactory/unsatisfactory basis only. Permission of the director of Cooperative Education is required.

ACG 4151 Accounting Theory . . . . . 3(F,S)
Prerequisite: ACG 3111.
Critical evaluation of broad framework of financial accounting theory.

ACG 4174 Special Topics in Accounting . . . . . 3(CALL DEPT)
Prerequisite: ACG 3101.
Provides exposure to (1) recent issues and developments in financial accounting and (2) the more significant traditional areas of financial accounting that are of continuing interest. Conducted in a seminar format focusing on current events, areas of continuing controversy, and topics not receiving extensive coverage elsewhere in the curriculum. The content centers on accounting literature. Text book not required. Topics covered include modeling and corporate bankruptcy, standards overload, other off-balanced sheet financing, leases, deferred income taxes, intangible assets, comprehensive income, pensions, post-retirement benefits, post- employment benefits, inflation accounting, investments and derivatives, environmental remediation, segment reporting present value based measurements, domestic and international standard setting, and business combinations. Offered concurrently with ACG 5807; graduate students will be assigned additional work.

ACG 4403 Intermediate AIS . . . . . 3(CALL DEPT)
Prerequisite: ACG 3401 and either ISM 3011 or MAR 3370.
Designed to bridge the gap between the theory and practice of accounting information system analysis, design, and implementation. Gives students hands-on experience in the major activities related to analyzing, designing, implementing, and using accounting information systems. Students will utilize current hardware and software to stimulate real- world business experience by allowing them to evaluate, create, and maintain an accounting information system.

ACG 4411 AIS Special Topics . . . . . 3(CALL DEPT)
Prerequisite: ACG 3401 and either ISM 3011 or MAR 3370.
Designed to expose students to emerging AIS trends, technologies, and practices. Course readings and projects to prepare students to analyze and evaluate AIS-related technologies, activities, and concepts, within the scope of the rapidly changing AIS environment and to participate in advanced AIS research.

ACG 4501 Governmental/Non-Profit Accounting . . . . . 3(CALL DEPT)
Prerequisite: ACG 3101.
Accounting principles followed by municipal, institutional, and charitable organizations.

ACG 4652 Auditing . . . . . 3(F,S,SS)
Prerequisite: ACG 3111 and ACG 3401.
Philosophy of financial auditing by public accountant; techniques and procedures to investigate and appraise accounting systems and financial statements; types of opinions, current literature, and official pronouncements; ethical and legal implications.

ACG 4682 Forensic Accounting I . . . . . 3(CALL DEPT)
Prerequisite: ACG 3082 (may be satisfied with ACG 3172 or ACG 3111).
The purpose is to acquaint the student with both the pervasiveness of and the causes of financial fraud in our society, and to explore in detail the methods in which financial fraud is perpetrated. May serve as an elective for accounting majors.

ACG 4683 Forensic Accounting II . . . . . 3(CALL DEPT)
Prerequisite: ACG 4682.
A continuation of ACG 4682. May serve as an elective for accounting majors.

ACG 4941 Accounting Internship . . . . . 1-6(F,S,SS)
Prerequisite: ACG 3101.
Supervised field practicum in accounting-related position. May include activities in professional accounting, accounting information systems, or controllership. Graded on satisfactory/unsatisfactory basis only. Permission is required.

ACG 4949 Cooperative Education . . . . . 0(F,S,SS)
Alternating full-time or consecutive parallel terms of practical experience in the intended field. Reinforcing academic preparation, confirming educational and career goals, personal and professional development, early start in career, earnings toward self-support, and improved employability. (See program description under Cooperative Education). Graded on satisfactory/unsatisfactory basis only. Must be a master level student and permission of director of Cooperative Education is required.

ACG 5026 Financial Accounting Survey . . . . . 3(CALL DEPT)
Introduction to financial accounting principles and practices. Conceptual approach coupled with emphasis on problem-solving techniques. Designed as a foundation course for M.B.A. students. Available to non-accounting majors only.

ACG 5205 Advanced Financial Accounting . . . . . 3(S)
Prerequisite: ACG 3111.
Problems in external financial reporting including business combinations and consolidated financial statements, foreign operations, and partnerships.

ACG 5658 Non-Profit Accounting & Auditing . . . . . 3(F)
Study of the principles and practices of fund accounting and auditing in the state and local government (SLG) environment. The first part provides the student with fundamentals of fund accounting in a state and local government environment. The second part emphasizes financial and performance auditing in compliance with AICPA and GAO audit standards and on audits of Federal financial assistance under the Single Audit Act. Senior standing is required.

ACG 5807 Special Topics in Accounting . . . . . 3(CALL DEPT)
Provides exposure to (1) recent issues and developments in financial accounting and (2) the more significant traditional areas of financial accounting that are of continuing interest. Conducted in a seminar format focusing on current events, areas of continuing controversy, and topics not receiving extensive coverage elsewhere in the curriculum. The content centers on accounting literature. Text book not required. Topics covered include modeling and corporate bankruptcy, standards overload, other off-balanced sheet financing, leases, deferred income taxes, intangible assets, comprehensive income, pensions, post-retirement benefits, post- employment benefits, inflation accounting, investments and derivatives, environmental remediation, segment reporting present value based measurements, domestic and international standard setting, and business combinations. Offered concurrently with ACG 4XXX; graduate students will be assigned additional work.

ACG 6255 Seminar in International Accounting . . . . . 3(CALL DEPT)
Prerequisite: ACG 3111, ACG 4151.
Examines the managerial and financial accounting function from an international perspective, focusing on the flow of information in multiple currencies, compliance with reporting requirements in the United States and abroad, and controlling the use of corporate assets through reports and audits.

ACG 6308 Advanced Managerial Accounting . . . . . 3(S)
Prerequisite: ACG 3343.
Management control and behavior, control structures, responsibility accounting, cost/profit/investment centers, budgets and performance evaluation, control of projects, control in service, and non-profit organizations.

ACG 6309 Accounting Aspects of Business Policy Determination . . . . . 3(F,S,SS)
Prerequisite: ACG 5026.
Budgeting, profit planning, and controlling aspects of business policy determination. Available to non-accounting majors only.

ACG 6405 Accounting Information Systems . . . . . 3(F)
Prerequisite: ACG 3401.
A seminar for the study of contemporary accounting system topics with an emphasis on internal controls. Primary emphasis is placed on an accounting system design project.

ACG 6805 Seminar in Financial Accounting . . . . . 3(S)
Prerequisite: ACG 4151.
A blend of traditional and contemporary accounting issues with focus on the development of financial accounting theory, the relationship of theory and research to standard setting, and discussion of current accounting standards. Examines the objectives, measurement models, controversies, and philosophy of financial accounting.

ACG 6856 Advanced Auditing . . . . . 3(F)
Prerequisite: ACG 4652
Current professional practice, with emphasis on transaction cycles, risk analysis and the body of professional literature, including pronouncements of the Auditing Standards Board.