Course Descriptions

Accounting

EBA 102 Principles of Accounting II (Fall, Spring)
A continuation of the concepts and practices introduced in Accounting I. Introduction to partnership and corporate accounting and financial statement analysis. Lab may be required.
Prerequisite: EBA 101. A grade of C or permission of the instructor for Accounting majors. 3 credits

EBA 201 Intermediate Accounting I (Fall, Spring, Summer)
This course reviews basic accounting theory with an in-depth analysis of the balance sheet and income statement as each pertains to valuation and reporting practices. It places special emphasis on shareholder equity, issues related to income determination, and the preparation and analysis of all financial statements. Emphasis is on reporting practices as promulgated by the leading professional accounting organizations..
Prerequisite: EBA 102. 3 credits.

EBA 202 Intermediate Accounting II (Spring)
This course is a continuation of EBA 201. Topics to be covered include accounting for pensions and leases, preparation of statements from incomplete data, accounting changes and correction of errors, statement of changes in financial position, accounting for inflation, sources of financial information, and analysis of financial statements.
Prerequisite: EBA 201. 3 credits.

EBA 213 Cost Accounting (Spring)
This course covers fundamental principles and procedures of cost determination in manufacturing, service, and not-for-profit organizations. Emphasis is placed upon the concepts and classification of product costs (direct materials, direct labor, and manufacturing overhead), as well as the recording and accumulating of such costs within job order and process cost accounting systems.
Prerequisite: EBA 102. 3 credits.
Corequistes: EBA 201, 202.

EBA 214 Managerial Cost Accounting (upon request)
Process costing techniques, utilizing actual, normal, and standard cost, problems of spoilage and waste, costing methods for joint and by-products; relevant costing concepts applied to the area of capital budgeting with its related tax aspects, techniques of discounted cash flow and the ranking of projects; income effects of alternative product costing methods, determination of cost behavior patterns, inventory planning, control and valuation, decentralization and transfer pricing, decision models under conditions of uncertainty.
Prerequisite: EBA 213. 3 credits.

EBA 301 Advanced Accounting Problems Part I (upon request)
Familiarizes the student with the application of accounting principles and practices to advanced problems encountered in practice. Topics include: Partnership organization, changes, and liquidation: branch accounting; consolidations.
Prerequisites: Senior standing, accounting major and EBA 202.
3 credits.

EBA 302 Advanced Accounting Part II
(upon request)
Continues to familiarize the student with the application of accounting principles and practices to advanced problems part two. Topics include: Governmental and not-for Profit organizations, Proprietary and Fiduciary funds, Voluntary Health and Welfare Organizations, Providers of Health Care Services, International Accounting, translation of Foreign Financial Statements, Securities and Exchange Commission, Debt Restructuring: Corporate Reorganizations and liquidations.
Prerequisite: EBA 301 and accounting major. 3 credits.
Not available to students who have had EBA 500 Fund Accounting.

EBA 308 Auditing Concepts and Problems (upon request)
A study of the duties and responsibilities of the auditor and mechanics of the audit, and the interrelationship among the auditor, client, and the public. Covers principles and standards, general and special audits, examinations of internal control, short and long-form reports, and auditing electronic systems.
Prerequisite: EBA 202. 3 credits.

EBA 314 Federal Income Taxation of Individuals (Fall) (formerly Federal Taxation)
This first course focuses on the federal taxation of individuals in the United States. The individual tax formula is explored in depth, concentrating on gross income, deductions, exemptions, tax calculations, and tax credits. Basic tax concepts are covered, such as capital gains and losses, depreciation, depletion, net operating losses, and accounting periods and methods.
Prerequisite: EBA 102
Corequisite: EBA 201 or EBA 202.
3 credits.

EBA 316 Federal Taxation of Corporations, Partnerships, and Estates (Spring) (formerly Advanced Federal Taxation)
This second course focuses on the federal taxation of regular and small business corporations, as well as partnerships and estates. Overview of complex corporate issues, including stock redemptions, liquidations, reorganizations, and penalty taxes. Review of gift and death taxes along with an introduction to tax and estate planning.
Prerequisites: EBA 314 and 201.
3 credits.

EBA 351 International Accounting (upon request)
This course is to provide an overview of managerial and financial accounting issues encountered by multinational corporations or firms involved in international business. These issues include the diversity of worldwide accounting principle and the prospects for uniform international accounting standards, foreign currency transactions and translation, inflation, various technical accounting methods and the implications of their application, financial disclosures, analysis of financial statements, auditing, risk management investment analysis, methods of financing transfer pricing, and taxation. These topics are viewed from the perspective of companies based in the U.S. that operate in diverse business environments throughout the globe. A requirement for the course will stress the ability to write reports some of which will require the student to analyze foreign company financial statements.
Prerequisite: EBA 202, Senior standing, accounting major.
Corequisite: EBA 308. 3 credits.

EBA 451 Contemporary Accounting Problems (Fall, Spring)
A comprehensive review of principles of accounting through discussion of selected CPA problems. The problems are selected from the CPA examination papers of the AICPA. Most frequently tested CPA problems are assigned for homework and their solutions are discussed in class.
Prerequisite: EBA 301, Corequisite EBA 308, senior status. 3 credits.

EBA 481 Independent Study in Accounting (upon request)(Description same as EBE 481, 3 credits)
Students investigate selected topics in the major areas under the direction of a faculty advisor. Independent study develops and demonstrates ability to conduct independent research, perform independent studies in a specialized area, and present the results in writing of professional quality. It must be both quantitatively and qualitatively comparable to a regular college course.
Prerequisite: Permission of the Chair. 3 credits.

EBA 493 Research Project in Accounting (annual)
Prerequisite: Senior status or departmental permission. 3 credits.

EBA 494 Senior Honors Project in Accounting (upon request)
Prerequisites: EBA 493 and departmental permission. 3 credits.

EBA 498 Internship in Accounting (Fall, Spring)
An internship is an experiential activity undertaken in a business, government or non-profit organization for academic credit. Enrolling for internship credits includes supervision of the course by a faculty member and by someone in the host organization. Students will be evaluated periodically by a supervisor in the participating firm and will be required to complete a term paper that will be graded by the chair of the department or its designee.
Prerequisite: Senior status and a GPA of 2.3 in the major, permission of department chair. 3 credits.