Department of Accounting

Curtis Hawkins; Dept Chair
Irma Anderson, Dean of the Division of Business
Todd Blanchard, Kenneth Hart, Keith Patterson
Karen Kunz; Secretary (208) 356-1413

The Accounting major is designed to prepare students to be key participants in management decision-making. As an integrated 45-credit major, the accounting program is designed to be supplemented with a 25-credit complementary minor. Since accounting operates in a business context, a specially designed business minor has been prepared for the accounting majors. (See the Business Management section of the catalog.) However, minors may be in other complementary fields.

Other features of the program:

1. Accounting is an information system. The use of accounting software will be integrated into the accounting courses.

2. To bridge the gap between academics and industry, the accounting major requires a semester internship, preferably in the winter semester of the junior year. By the junior year, the student will have sufficient accounting training to make a valuable contribution as an intern. With companies facing annual audits and tax reporting during the winter months, there is high demand for accounting personnel.

3. The course work will stress analytical, interpretative, and communication skills. Rather than specializing in tax, financial reporting or other regulatory requirements, the accounting major will have sufficient background to recognize and anticipate important accounting issues and the training to do research to find the answers needed by the decision making team.

CPA Considerations

Students desiring to sit for the CPA exam will need an additional year of study because approximately two-thirds of the states require 150 hours of college preparation to sit for the exam. Those desiring CPA certification will need to transfer to another university upon graduation from BYU-Idaho where they may obtain a MAcct or MBA.

PROGRAM DESCRIPTIONS

General Education Requirements

Bachelor of Science Accounting (600)

See pages 35-37 for a complete explanation of the General Education requirements.

Notes: Accounting majors should take Econ 111 to satisfy the American Institutions requirement, Psych 111 or Soc 111 to satisfy the social science requirement, Eng 312 Advanced Writing for Business for the junior English requirement, and IS 140 for the Basic Skills option.

Courses for Majors

IS 140  Micro Applications               3
Math 221  Statistics                     3
Acctg 201 Financial Acctg                3
Acctg 202 Managerial Acctg               3
Acctg 301  Interm Acctg 1                3
Acctg 302  Interm Acctg 2                2
Acctg 321 Ind Income Tax                 3
Acctg 322 Tax of Bus Entities            3
Acctg 333 Fin Calc & Spread              3
Acctg 356  Acctg Info Sys                2
Acctg 401 Acctg Theo & Res               2
Acctg 402  Adv Man Acctg                 3
Acctg 405 Aud & Assur Svcs               2
Acctg  410 Acctg in Strat Dec            2
B 350  Tech & E-Business                 3
B 397  Internship                        2
B 499  Bus Strategy Capstone             3
Total Credits                           45

Courses for Minors

IS 140  Micro Applications               3
Math 221  Statistics                     3
Acctg 201 Financial Accounting           3
Acctg 202 Managerial Accounting          3
Acctg 301  Interm Acctg 1                3
Acctg 302  Interm Acctg 2                2
Acctg 321  Ind Income Taxation           3
Acctg 333  Fin Calc & Spread             3
Acctg 356  Acctg Info Sys                2
Total Credits                           25

COURSE DESCRIPTIONS

Accounting

Acctg 201 Principles of Financial Accounting (3:3:0)
Introductory course in financial accounting. Topics include the accounting cycle, adjustments, reporting, merchandising, controls, bad debts, notes, inventories, payroll, fixed assets, corporations, bonds, etc.

Acctg 202 Principles of Managerial Accounting(3:3:0)
Prerequisite: Acctg 201
Emphasizes use of accounting data in decision making and seeks to sharpen analytical and interpretative skills. Covers product costing, cost behavior, segmented reporting, profit planning, standard costing, alternative choice decision making, statement of cash flow and financial statement analysis.

Acctg 205 Survey of Accounting (3:3:0)
For nonbusiness majors and certain specialized business programs. This is an introduction to financial and managerial accounting principles with exposure to basic accounting statements, processes, and management applications. Transfers as elective credit only.

Acctg 301 Intermediate Accounting I (3:3:0)
Prerequisite: Acctg 202
This course explores the essential concepts of financial accounting with emphasis on the accounting cycle, financial statements, disclosure issues, and revenue recognition.
(F, Eight Week)

Acctg 302 Intermediate Accounting II (2:2:0)
Prerequisite: Acctg 301
A continuation of Acctg 301 with emphasis on inventories, financing, investments, leases, pensions, and other financial reporting issues.
(F, Eight Week)

Acctg 321 Individual Income Taxation (3:3:0)
This course is an introduction to the federal income tax laws as applied to individuals. Tax preparation software is to be utilized in preparing individual tax returns. (F, W, Eight Week)

Acctg 322 Taxation of Business Entities (3:3:0)
Prerequisite: Acctg 201, 321
This course is an introduction to the federal tax laws as applied to business entities. Tax preparation software is to be utilized in preparing corporate tax returns. (F, Eight Week)

Acctg 333 Financial Spreadsheet & Calculator Applications (3:3:0)
Prerequisite: Math 108 or 110, IS 140, Acctg 202
Integration of financial calculator and spreadsheet functions. Additional spreadsheet applications.
(F, Eight Week)

Acctg 356 Accounting Information Systems (2:2:0)
Prerequisite: IS 140, Acctg 202
This course develops an understanding of computerized accounting principles and systems through the use of one or two popular accounting software systems. By using actual accounting software, the concepts will be less abstract. (F, Eight Week)

Acctg 401 Accounting Theory and Research (2:2:0)
Prerequisite: Acctg 302
This course identifies the elements of accounting theory and teaches students how to do research in Financial Accounting Standards Board (FASB) and Securities and Exchange Commission (SEC) standards to find guidance in resolving financial issues. (F)

Acctg 402 Advanced Managerial Accounting (3:3:0)
Prerequisite: Acctg 202
This class is an indepth study of the principles and practice of managerial accounting applied to both modern manufacturing and service industries. There is integration of spreadsheet applications and managerial problem solving in the course. (F, Eight Week)

Acctg 405 Auditing and Assurance Concepts (2:2:0)
Prerequisite: Acctg 302
This course will blend the principles of auditing theory with its application in modern and anticipated practice. (F)

Acctg 410 Advanced Topics (2:2:0)
Prerequisite: Acctg 302
This course uses a problem-solving, case-based approach to integrate disparate accounting topics and to present accounting issues in different industries. (F)


Complete General Education listing

Credit Hour Designations/Abbreviations (e.g., 3:3:3)


BYU-Idaho | Catalog