Calendar 2005-2006 - The University of Akron

262 6100:General Business 2005-2006
College of
Business
Administration
COOPERATIVE EDUCATION
6000:
301 COOPERATIVE EDUCATION 0 credits
(May be repeated) For cooperative education students only. Work experience in business, industry,
or governmental agency. Comprehensive performance evaluation and written report required.
GENERAL BUSINESS
6100:
101 GLOBAL BUSINESS CONCEPTS AND PRACTICES 3 credits
An introductory course presenting the business firm throughout the world as an integrative unit
that uses information from various functional fields in decision-making.
201 INTRODUCTION TO eBUSINESS 3 credits
Prerequisite: 24 credits. Provides a broad overview of e-business strategies, products and technologies.
Discusses transformation of marketing, production and other business functions; and
related legal, political, ethical and cultural issues.
495 INTERNSHIP IN BUSINESS ADMINISTRATION 3 credits
Prerequisite: Permission of designated faculty member. On-the-job experience with public or private
sector organizations in the student's major field of study. Individual assignments are
approved and supervised by the designated member of the faculty in the student's major field.
Periodic reports and term papers are required.
497 HONORS PROJECT IN BUSINESS ADMINISTRATION 2-3 credits
Prerequisite: Senior standing in Honors College. Individual senior honors thesis or creative project
relevant to the student's major field of study. Individual projects are approved and supervised
by the designated member of the faculty in the student's major field.
499 INDEPENDENT STUDY IN BUSINESS ADMINISTRATION 3 credits
Prerequisite: Permission of designated faculty member. Provides a means for individualized
study of a problem(s) or issue in the student's major field of study.
FINANCE FOR
NON-BUSINESS STUDENTS
6140:
300 INTRODUCTION TO FINANCE 3 credits
(For non-College of Business Administration students.) Studies the sources and uses of funds
for business.
331 PERSONAL FINANCE 3 credits
(For non-College of Business Administration students.) A survey analysis of personal financial
decisions related to budgeting, insurance, credit, and investments.
341 CONTEMPORARY INVESTMENTS 3 credits
(For non-College of Business Administration students.) Fundamentals of investing in stocks, bonds,
derivatives, mutual funds, and closed-end investment companies for the individual investor.
ACCOUNTANCY
6200:
201 ACCOUNTING PRINCIPLES I 3 credits
Prerequisite: 24 hours of college credit. Introduction to accounting concepts and terminology.
Accounting for assets, liabilities, and equity.
202 ACCOUNTING PRINCIPLES II 3 credits
Prerequisite: 201. Information needs of management. Analysis of cash flow and financial statements.
Study of product costing systems; standard costs; planning, budgeting, and control systems;
activity-based costing and activity-based management; cost-volume profit analysis; relevant costing;
and capital budgeting.
250 MICROCOMPUTER APPLICATIONS FOR BUSINESS 3 credits
Prerequisite: Computer proficiency and either 201 or 24 semester credit hours completed.
Introduces analysis, design and development of business information systems. Provides handson
experience with microcomputer applications such as spreadsheets, database management
systems and Internet applications development.
301 COST MANAGEMENT AND ENTERPRISE RESOURCE PLANNING 3 credits
Prerequisites: 3250:200, 250, and grades of not less than “C” in 201, 202 and 320 or 6500:350.
Accounting majors must take 320. Product cost accumulation, cost management strategies,
performance evaluation, role of cost in business decisions, and use of enterprise resource planning
(ERP) systems as a cost management enabler.
316 FINANCIAL APPLICATIONS DEVELOPMENT 3 credits
Prerequisite: 201, 6500:315. Analysis, design and development of financial and control applications.
Integration of intelligent agents into financial information systems for risk assessment,
control and assurance of business processes.
320 ACCOUNTING INFORMATION SYSTEMS 3 credits
Prerequisites: 250, and grade of not less than “C” in 201. Covers AIS concepts, business modeling,
accounting transaction cycles and internal control.
321 INTERMEDIATE ACCOUNTING I 3 credits
Prerequisite: 201, 202. Accounting for cash, receivables, inventories, property, plant and equipment,
intangibles and liabilities.
322 INTERMEDIATE ACCOUNTING II 3 credits
Prerequisite: 321; (finance majors only). Accounting for owners’ equity, investments, revenue
recognition, tax allocations, pensions, leases, accounting changes, cash flows, segments, and
interim periods.
325 FINANCIAL ACCOUNTING SYSTEMS AND ENTERPRISE RESOURCE PLANNING 3 credits
Prerequisite: 321 and 320 (must be taken by accounting majors) or 6500:350. Evaluation, selection,
implementation, validation, assurance and use of enterprise resource planning systems and
the impact of these systems on the finance function in organizations.
408 INTERNATIONAL FINANCIAL REPORTING AND ANALYSIS 3 credits
Prerequisites: 201, 202 and 6400:301 or equivalent. Understanding international accounting
standards, preparing and analyzing foreign financial statements, international tax issues, accounting
for foreign currency transactions, understanding transfer pricing and international auditing.
410 TAXATION FOR FINANCIAL PLANNING 3 credits
Provides students preparing for careers in financial planning with the necessary knowledge of
federal tax law as applied to individuals and businesses. Not open to accounting majors.
420/520 ADVANCED ACCOUNTING 3 credits
Prerequisite: 321 and 322. Examination of accounting theory emphasizing accounting for business
combinations, partnerships, foreign operations, nonprofit entities and consolidated statements.
425 CURRENT DEVELOPMENTS IN ACCOUNTING 3 credits
Prerequisite: 322. Official pronouncements of Accounting Principles Board, Financial Accounting
Standards Board and Securities and Exchange Commission, and other current developments in
accounting theory.
430/530 TAXATION I 3 credits
Prerequisite: 321 or by permission of instructor. Federal tax law related to individuals. Master of
Taxation students will not be able to take this course to satisfy tax electives in the Master of
Taxation program.
431/531 TAXATION II 3 credits
Prerequisite: 430/530 or permission. Federal income tax law related to partnerships, corporations,
trusts and estates; also includes an overview of federal estate and gift tax law.
440/540 AUDITING 3 credits
Prerequisites: admission to the College of Business Administration and 320, 321, 430, and
6500:221. Examines auditing standards and procedures used by independent auditors in determining
whether a firm has fairly represented its financial position.
441 INFORMATION SYSTEMS AUDIT AND CONTROL 3 credits
Prerequisite: 440 and 454 or permission of instructor. Learn the fundamental concepts and practices
of information systems audit control. Use control objectives and standards by information
systems control, audit and security organizations.
454 INFORMATION SYSTEMS SECURITY 3 credits
Prerequisites: 202, 250 and 320 (must be taken by accounting majors prior to or concurrently
with) or 6500:310. Focus on information systems risk and security in distributed business environments;
develop policies, practices and systems for security of computers and data in business.
460 ADVANCED MANAGERIAL ACCOUNTING 3 credits
Prerequisites: admission to the College of Business Administration and 301, 6500:330. The use
of financial and non-financial information in decision making in both public and private sectors.
Problem solving approach is emphasized.
470/570 GOVERNMENTAL AND INSTITUTIONAL ACCOUNTING 3 credits
Prerequisites: 321 or 601. Theory and procedures involved in application of fund accounting,
budgetary control, appropriations and various accounting systems to governmental units, educational,
medical and other nonprofit institutions.
490/590 SPECIAL TOPICS IN ACCOUNTING 1-3 credits
Prerequisite: permission of instructor. Opportunity to study special topics and current issues in
accounting. May be repeated with a change of subject.