Undergraduate Courses

  • ACCT-201 Accounting for Decision Making I

    Prerequisites:

    MATH-128 or higher and WRI-102 or SBS-220

    Credits:

    3.00

    Description:

    Introduces students to the accounting cycle, the financial statements, and the theory underlying accounting as information. Provides users of accounting information with a basic understanding of how to appraise and manage a business. Addresses current accounting topics, including relevant ethical and international issues found in the financial press.

    Term:

    Offered Both Fall and Spring

    Type:

    Arts Admin Minor Elective

  • ACCT-H201 Honors Accounting for Decision Making I

    Prerequisites:

    MATH-128 or higher and WRI-102, WRI-103 or SBS-220, and at least a 3.3 GPA

    Credits:

    3.00

    Description:

    Introduces students to the accounting cycle, the financial statements, and the theory underlying accounting as information. Provides users of accounting information with a basic understanding of how to appraise and manage a business. Addresses current accounting topics, including relevant ethical and international issues found in the financial press.

    Term:

    Offered Both Fall and Spring

    Type:

    Honors

  • ACCT-202 Accounting for Decision Making II

    Prerequisites:

    ACCT-201

    Credits:

    3.00

    Description:

    Enables students to apply the concepts and skills from ACCT 201. They learn how to analyze the financial condition and performance of a firm, and how to use accounting information in business planning, decision-making, and control. Topics include cost-volume-profit analysis, costing systems, variance analysis, and the budget process. Discusses relevant current ethical and competitive issues found in the financial press.

    Term:

    Offered Both Fall and Spring

  • ACCT-H202 Honors Accounting for Decision Making II

    Prerequisites:

    ACCT 201; 3.3 GPA

    Credits:

    3.00

    Description:

    Enables students to apply the concepts and skills from ACCT 201. They learn how to analyze the financial condition and performance of a firm, and how to use accounting information in business planning, decision-making, and control. Topics include cost-volume-profit analysis, costing systems, variance analysis, and the budget process. Discusses relevant current ethical and competitive issues found in the financial press.

    Term:

    Offered Both Fall and Spring

    Type:

    Honors

  • ACCT-310 International Business Accounting

    Prerequisites:

    FIN-200 (formerly FIN 310); ACCT-331

    Credits:

    3.00

    Description:

    Explores economic, political and cultural variables that shape accounting and disclosure in various countries. Students gain an understanding of international financial reporting standards and the forces for convergence between IFRS and US GAAP. Presents financial analysis in a multi-financial context.

    Term:

    Offered Fall Term

  • ACCT-320 Federal Taxation I

    Prerequisites:

    ACCT 202

    Credits:

    3.00

    Description:

    Focuses on the federal income taxation of individuals with some discussion of business taxation. Explores the basic structure of individual income taxation, including the individual tax formula, income, deductions, and credits, and provides an introduction to property transactions. Emphasizes how tax laws affect everyday personal and business decisions.

    Term:

    Offered Both Fall and Spring

  • ACCT-321 Intermediate Accounting I

    Prerequisites:

    ACCT-201 and ACCT-202 and Junior standing

    Credits:

    3.00

    Description:

    Reviews basic financial accounting concepts and examines selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of current and non-current assets and liabilities and the income determination aspects of these items.

    Term:

    Offered Both Fall and Spring

  • ACCT-322 Intermediate Accounting II

    Prerequisites:

    ACCT-321 with a minimum grade of C

    Credits:

    3.00

    Description:

    Continues to examine selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of investments and stockholders' equity and the income determination aspects of these items. Also considers special topics such as pensions, leases, deferred taxes, and cash flows.

    Term:

    Offered Both Fall and Spring

  • ACCT-331 Cost Accounting

    Prerequisites:

    ACCT 202

    Credits:

    3.00

    Description:

    Explores concepts and procedures underlying the development of a cost accounting system for managerial decisions, control, and performance reporting. Introduces the basic ideas of responsibility accounting.

    Term:

    Offered Both Fall and Spring

  • ACCT-415 Not-For-Profit Accounting and Control

    Prerequisites:

    ACCT 331

    Credits:

    3.00

    Description:

    Studies accounting principles, unique financial reporting (such as fund accounting), and budgetary control in government agencies and charitable, healthcare, educational, and other not-for-profit organizations.

    Term:

    Offered Spring Term

  • ACCT-422 Federal Taxation II

    Prerequisites:

    ACCT 320

    Credits:

    3.00

    Description:

    Covers advanced individual tax topics such as cost recovery, itemized deductions, passive activity losses, AMT, complex basis rules, and the operation and formation of C corporations.

    Term:

    Offered Spring Term

  • ACCT-430 Accounting Information Systems

    Prerequisites:

    ACCT 322; ISOM 310 or ISOM 423

    Credits:

    3.00

    Description:

    Introduces the design, operation, and use of accounting information systems. Examines the functional relationships of the AIS within an organization. Provides a background in automated data processing, along with the important human and organizational considerations in system design and implementation.

    Term:

    Offered Both Fall and Spring

  • ACCT-431 Auditing and Assurance Services

    Prerequisites:

    ACCT 321 AND ACCT 331

    Credits:

    3.00

    Description:

    Provides an introduction to the field of auditing, with a concentration in auditing historical financial statements in accordance with generally accepted auditing standards, and some exposure to auditing the internal control over financial reporting of large public companies. Covers the environment, standards, regulation, and law of auditing in the US, with some exposure to the international environment. Covers audit planning, risk, and material assessments, audit evidence, evaluation of internal control, documentation, and audit reports.

    Term:

    Offered Both Fall and Spring

  • ACCT-432 Advanced Accounting

    Prerequisites:

    ACCT 322, and Junior standing

    Credits:

    3.00

    Description:

    Covers accounting procedures involved in business combinations and consolidated financial statements. Topics also include accounting for partnerships, various foreign currency issues, corporations in financial distress, and the role of regulatory authorities in financial reporting.

    Term:

    Offered Fall Term

  • ACCT-450 Accounting Theory and Practice

    Prerequisites:

    ACCT 431 (may be taken Concurrently) and Senior Status

    Credits:

    3.00

    Description:

    Addresses the non-technical foundations of accounting for CFOs, Audit Partners, FASB and SEC members and other leadership roles in accounting and finance. Core elements include enhancing critical thinking skills, understanding the grey areas of accounting, and analytical thinking. Subject matter combines current financial issues with traditional and radical concepts. However, the primary objective is to provide practice in forming and expressing opinions and taking a stand, using communication for impact, anticipating and managing ethical conflicts, and clarifying one's own guiding principles.

    Term:

    Offered Both Fall and Spring

  • ACCT-510 Independent Study

    Prerequisites:

    ACCT 322, ACCT 331 or approval from dept. chair

    Credits:

    3.00

    Description:

    Independent study allows students to expand their classroom experience by completing research in an area of interest not already covered by Suffolk courses. The student designs a unique project and finds a full-time faculty member with expertise in that topic who agrees to sponsor it and provide feedback as the proposal is refined. A well designed and executed research project broadens and/or deepens learning in a major or minor area of study and may also enhance a student's marketability to potential future employers. Students cannot register for an Independent Study until a full proposal is approved by the faculty sponsor, department chair, and academic dean. Many Independent study proposals require revisions before approval is granted; even with revisions independent study approval is NOT guaranteed. Students are strongly encouraged to submit a proposal in enough time to register for a different course if the proposal is not accepted. For complete instructions, see the SBS Independent/Directed Study Agreement and Proposal form available online.

  • ACCT-560 Accounting Practicum

    Prerequisites:

    Instructor's consent required

    Credits:

    0.00

    Description:

    Fulfills the requirement that accounting majors must complete 150 hours of pre-professional or professional accounting experience prior to graduating. Experience may be acquired through an internship, part- or full-time employment, or a cooperative education position. Students register for ACCT 560 Accounting Internship during the semester in which they complete the required 150 hours. This experiential component carries no academic credit, does not require any tuition, and will be graded pass/fail. Approval of this experience must be obtained from the Accounting Department.

    Term:

    Offered Both Fall and Spring