COX SCHOOL OF BUSINESS
ACCOUNTING (ACCT)

Professor Joseph Magliolo, Department Chair

Professors: Marvin L. Carlson, Wayne M. Shaw; Associate Professors: Hemang A. Desai, Elbert B. Greynolds, Michael van Breda; Assistant Professors: Nilabhra Bhattacharya, Chris E. Hogan, Gregory A. Sommers; Senior Lecturer: Susan M. Riffe; Lecturer: Jeffrey R. Austin.

See requirements to major in Accounting in the "Programs of Study" section.

B.B.A. degree-seeking students should take ACCT 2311 and 2312 during their sophomore year. Matriculated students must take these courses in residence.

2310. Accounting for Markets and Culture. (NOT for Business Majors) Will introduce students to accounting fundamentals with an emphasis on the role of accounting in markets and different cultures. Will provide an understanding of financial statements. Prerequisite: SOCI 2377 in the Markets and Culture major in Dedman College.

2311. Fundamentals of Accounting I. Theory and practice of measuring and interpreting financial data for business units: basic concepts, principles, and procedures. Prerequisites: Calculus and ECO 1311, 1312.

2312. Fundamentals of Accounting II. Extension of Fundamentals of ACCT 2311, uses of accounting information in making business decisions. Prerequisite: ACCT 2311.

3311. Intermediate Accounting I. Theory and techniques for construction of corporate financial reports for use by stockholders, creditors, and other analysts. Prerequisite: ACCT 2312.

3312. Intermediate Accounting II. Continuation of Intermediate Accounting I. Prerequisite: ACCT 3311 and FINA 3320.

3321 Financial and Business Reporting. This course examines financial and business reporting from a journalistic point of view. Aspects of business reporting with an emphasis on finance and accounting information will be examined.

3391. Ethics in Accounting. Develops students' ability to identify and evaluate ethical issues related to accounting and business management in a corporate environment.,.

4300. Special Topics in International Accounting. Offered through SMU International Programs. Junior standing required.

4311. Cost Accounting (Fall Only). Study of the measurement, accumulation, and control of costs. Topics include: product cost accounting, cost behavior analysis, direct costing, standard cost variance analysis, and relevant cost analysis. Prerequisite: ACCT 2312.

4315. Federal Income Tax I (Spring Only). A conceptual basis and structure for the determination of income taxes. Tax research methods are used in preparing tax returns, solving problems, and planning business decisions. Prerequisite: ACCT 2312.

5314. Accounting Systems/Auditing: Concepts, Design, and Analysis (Fall Only). Deals with the understanding, development, and analysis of financial and management accounting systems. Presents fundamental concepts and applies them to contemporary issues. Management internal control functions serve as a central theme for evaluation and analysis. Furthermore, the behavioral characteristics and mechanics of accounting fraud are presented. Prerequisite: ACCT 3311.

5317. Studies in Accounting Theory I (Spring Only). Study of selected topics and current issues in the area of accounting theory. Prerequisite: ACCT 3312 or permission of instructor.

5318, 5319. Independent Studies in Accounting.

5320. Financial Planning and Control Using Microcomputers (Cross listed as ITOM 4307). Study of uses and limitations of microcomputers in the financial planning and control process of the firm. Analyzes cases and problem situations using microcomputer software. Emphasis on financial analysis, budgeting, forecasting, capital expenditure analysis. Primarily lecture/discussion with some use of case studies and projects. Prerequisites: ACCT 2312, ITOM 2308, and FINA 3320.

5321. Practicum in Financial Statement Analysis (Honors, Fall Only). An honors course that examines the role of financial statement analysis in the evaluation of the firm and the prediction of its future condition. Topics covered include fundamental analysis, the use of accounting numbers in the credit market, the use of accounting numbers in the stock market, and the use of accounting numbers for corporate restructuring decisions. Prerequisites: ACCT 3311, FINA 3320, ITOM 2305 (or STAT 2301), and permission of instructor.

5321. Financial Statement Analysis. (Fall only) This course examines the role of financial statement analysis in the evaluation of the firm and the prediction of its future condition. Topics covered include fundamental analysis, the use of accounting numbers in the credit market, the use of accounting numbers in the stock market, and the use of accounting numbers for corporate restructuring decisions. Prerequisites: ITOM 2305 (or STAT 2301) and ACCT 2311 and 2312.

5325, 5326. Accounting Internships. Prerequisites: Senior standing, departmental approval.

BUSINESS ADMINISTRATION (BA)

3300, 3301. Special Topics in International Business. Offered through SMU International Programs. Prerequisite: Junior standing.

3303. Written Technical Communications for Accounting Majors. Prerequisite: Junior standing.

3380. Contemporary Issues in Business: Business of Journalism. (Cross listed with CCJN) Designed to bridge the gap between journalists and business people by familiarizing each group with the other's profession. Prerequisite: Junior standing.

4101. Executive Speaker Series. Prerequisite: Junior standing. (One academic credit hour.)

4315. European Union (EU) Seminar. Offered through SMU International Programs and available spring only for full-year students. Prerequisite: Junior standing.

5180, 5280, 5380, 5381. Independent Studies in Business Administration.

BUSINESS LEADERSHIP INSTITUTE (BLI)

1110. Special Topics in Business Administration: B.B.A. Scholars Seminar. (One credit hour, Pass/Fail grading option) Provides an introduction to various business topics including an overview of business disciplines and careers in business. Restricted to B.B.A. Scholars in fall of their first year.

2301. Contemporary Business Topics. Practical application for interpersonal business skills such as integrity, leadership, team building, effective business presentations. For B.B.A. sophomores, juniors, or seniors.

3303. Business Communications. Seeks to improve students' oral and written communication skills and to help students better understand communication channels and appropriate media within organizations. For B.B.A. juniors or seniors as business elective credit.