1991-1993 Catalog - Catalogs - West Virginia University

.Course DescriptionsAccounting (Acctg.)To enroll in any upper-division, undergraduate business course offered by theCollege of Business and Economics, an undergraduate student must have completedthese prerequisite courses: six hours of principles of economics; six hours of principlesof accounting; three hours of statistics, Math. 28 or Math. 14; and three hours ofcalculus (Math. 128 or Math. 15); and have a 2.5 GPA. In addition, the student musthave successfully completed six hours of composition and rhetoric. Exceptions to thispolicy must be approved by the chairperson of the department offering the course.51 Principles of Accounting. 3 hr. PR: Sophomore standing. The accounting cyclefrom the analysis of business transactions through the preparation of financialstatements; basic theory and practice with respect to accounting for assets andequities.52. Principles of Accounting. 3 hr. PR: Acctg. 51. Utilization of accounting informationfor purposes of managerial control and decision making; cost concepts, profit andfinancial budgeting, analysis of financial statements.1 1 1 .Intermediate Accounting. 3 hr. PR: Grade of A or B in Acctg. 52. Development ofaccounting theory and practice, with emphasis on asset accounting.1 12. Intermediate Accounting. 3 hr. PR: Grade of C or better in Acctg. 111; Acctg 200.Theory and practice with respect to accounting for liabilities and stockholder's equity;special problems peculiar to financial accounting; analysis of financial statements andchanges in financial position.1 15. Cost Accounting. 3 hr. PR: Acctg. 52; Math. 128. Fundamentals of cost determinationwith emphasis on the significance of cost data and their interpretation; process,job-order, and standard costs.1 16. Managerial Accounting. 3 hr. (No credit available to students having credit forAcctg. 115.) PR: Acctg. 52. For non-accounting majors. Analysis of internal accountingpractices with emphasis on use of data for performance evaluation, control, motivationthrough accounting systems, and decision- making.200. Special Topics. 1-4 hr. PR: Acctg. 1 1 1 or consent. Special topics relevant toaccounting. (Maximum of 9 semester hours in any or all courses numbered 200offered by the College of Business and Economics may be applied toward bachelor'sand master's degrees.)210. Advanced Accounting. 3 hr. PR: Acctg. 112. Accounting for business combinations,consolidations, foreign currency translation, governmental and not-for-profitentities, and equity method investment accounting.21 1 Accounting Systems. 3 hr. PR: C.S. 5, Acctg. 115, Acctg. 1 1 2 or consent.Analysis of data processing fundamentals and information systems analysis, design,and implementation, including necessary computer hardware and software componentswith particular reference to accounting information systems and the controlsnecessary therein.213. Income Tax Accounting. 3 hr. Cone: Acctg. 1 1 1 or 1 16 or consent. Overviewand survey of Federal income tax principles for individuals and simple corporationswith emphasis on gross income, exemptions, deductions, capital gains and losses,and tax credits.214. Income Tax Accounting. 3 hr. PR: Acctg. 213 or consent. The study of Federalincome tax treatment of partnerships, corporations and estates, and the treatment ofthose property transfers subject to the Federal Gift Tax, together with an introductionto tax research and tax procedure.306 Accounting Courses