Curriculum

Required Coursework for the Accounting Major

Business Core Courses (39 Credits)

• BUS 181 - Introduction To Business (3)

  This course is open to all Barry University students who want to understand what business is, what it does, and its role in society. The purpose of this course is threefold: 1) to introduce students to the academic opportunities and activities offered by the Andreas School of Business as well as its professors; 2) to help students to develop the cognitive skills they need to understand the principles and mechanics that regulate everyday business life; and 3) to prepare students to deal effectively with the challenges of contemporary life, including issues in the business-society relationship, its history, world events, economic issues, and future expectations.

• ACC 201 - Financial Accounting (3)

  An introduction to the accounting concepts, principles, and techniques used in recording business transactions. The accounting cycle, the measurement of income and valuation problems, reporting of financial position and results of operations for business enterprise are explored. Prerequisite: CAT 102.

• ACC 202 - Managerial Accounting (3)

  An introduction to concepts and methods to assist management in the evaluation of the business enterprise and to aid in its planning, organizing, and controlling functions. Topics include cost systems, break-even analysis, flexible budgets, variance analysis, and capital budgeting. Prerequisite: ACC 201.

• ECO 202 - Introductory Microeconomics (3)

  Economic analysis of consumer and producer behavior and decision making with a concentration on how economic agents voluntarily interact in markets for various goods and services. Topics include advanced demand/supply analysis emphasizing allocational efficiency, opportunity cost and elasticity; the theory of consumer utility maximization; short and long-term cost and production decisions in the theory of the firm; price, output and profit maximization under differing market structures including competitive, monopolistic and hybrid alternatives; the pricing of input resources including labor and capital along with income distribution implications; market failure and the consequences of government regulation; and introduction to international finance and the balance of payments. Prerequisite: ECO 201.

• BUS 239 - Business Law I (3)

  This course is designed to afford the student a background of basic legal principles, concepts and the nature of the judicial process. The first part of the course is devoted to the legal environment of business, including common law, statutory and administrative law, federal and state court structure, theories of law, court procedure, conflicts of law and forms of dispute resolution. This is followed by a detailed study of contracts including basic elements, interpretation, remedies for breach, assignment and discharge. The course concludes with agency and employment.

• MGT 305 - Organizational Behavior and Management (3)

  Organizational behavior as it relates to the management functions of planning, organizing, leading and controlling is the focus of this course. Examination is made of the individual's role within the organization, of interpersonal influence and group behavior, and of organizational processes.

• MGT 325 - Business Processes and Supply Chain Management (3)

  This course focuses on the design, management and continuous improvement of operations processes, that is, the processes used to produce goods and services. Both manufacturing and service operations will be studied. Prerequisites: BUS 311, MGT 305.

• MKT 306 - Principles of Marketing (3)

  This course studies the interacting business activities designed to plan, price, promote and distribute want-satisfying products and services to present and potential customers. The course incorporates current developments in marketing to acquaint students with the present-day challenges of marketing activities.

• BUS 311 - Applications of Statistics In Business (3)

  Use of statistics to inform business decision-makers. Topics include decision-making, sampling, forecasting, analysis of variance, multiple regression, and statistical process control. Prerequisite: MAT 108, MAT 152, CS 180.

• BUS 315 - Introduction To Information Systems (3)

  This course introduces students to the basic concepts and developments in information systems. Areas of study include computer technology, information system concepts, information systems development, and the use of technology in organizations. Students gain hands-on experience by suing microcomputers to solve business problems. Prerequisite: CS 180.

• FIN 319 - Managerial Finance (3)

  Financial techniques and analysis for business decision-making which build upon the prerequisites of economics, accounting, and statistical methods. The major tools include cash flow, financial statement structure and analysis, the time value of money, and risk. Specific topics studied with these tools include working capital management, asset investment and capital budgeting, corporate financial structure and the choice of debt vs. equity financing, financial market valuations, and the financial implications of business strategic decisions. Prerequisites: ACC 201, ECO 201, ECO 202.

• BUS 366 - International Business (3)

  Overview of the unique problems faced by firms engaging in international activities; the importance of understanding the foreign economic, social, political, cultural, and legal environment; the mechanics of importing and exporting; joint venture, franchising, and subsidiaries, international dimensions of management, marketing and accounting, international financial management; the special problems of multi-national corporations; recent problems of the international economic system; country-risk analysis; the increasing use of counter trade. Prerequisite: ECO 201, ECO 202.

• BUS 498 - Strategic Management (3)

  A capstone course which integrates the various business disciplines. Using a "big picture" perspective, the student addresses strategy formulation and implementation in a volatile business environment. The case method of instruction is actively used. 

  Prerequisite: Senior standing. This course should be taken in the last semester before graduation.

Accounting Major (24 Credits)

• ACC 335 - Intermediate Accounting I (3)

  This accounting process, the framework of accounting theory, and content and analysis of financial statements with emphasis on current assets and revenue recognition. Prerequisite: ACC 202.

• ACC 336 - Intermediate Accounting II (3)

  Income determination and valuation problems in long-term assets and long-term liabilities; stockholders' equity, special accounting topics of pensions and investments. Prerequisite: ACC 335.

• ACC 337 - Intermediate Accounting III (3)

  Special topics of accounting changes, error correction, earnings per share, income tax accounting and leases; cash flow statement, equity accounting for partnerships; interim and segment reporting. Prerequisite: ACC 335.

• ACC 360 - Cost Accounting (3)

  Principles of cost accounting for both manufacturing and service industries. Topics include income statement measurement and analysis, break-even, job order and process costing systems, overhead allocation and analysis, operational and capital budgeting variance analysis, scrap and managerial decision-making.

  Prerequisite: ACC 202.

• ACC 362 - Federal Income Tax (3)

  A review of the Internal Revenue Code and the regulations from an accounting/law perspective. Topics include determinants of income, deductions, exemptions and credits. This course emphasizes individual taxation and sole proprietorship. Prerequisite: ACC 202.

• ACC 400 - Accounting Information Systems (3)

  This course investigates accounting and systems concepts; demonstrates how accounting information is recorded, summarized, and reported in automated systems; describes system development and related technology; and emphasizes internal control features necessary to produce accurate and reliable accounting data. Prerequisites: CS 180, BUS 315, ACC 335.

• ACC 435 - Advanced Accounting (3)

  Accounting for mergers and acquisitions, consolidations, consolidated financial statements and foreign operations. Prerequisites: ACC 335, ACC 336, ACC 337, or permission of the Accounting Discipline Coordinator, Senior status.

• ACC 437 - Auditing (3)

  Basic standards and procedures as applied to independent financial audit, professional ethics, audit programs, working papers, legal responsibility, auditing computerized systems, completing the audit and reports. Prerequisites: ACC 335, ACC 336, ACC 337 or permission of the Accounting Discipline Coordinator, Senior status.

  The following course should be selected as a business elective by accounting majors planning to take the CPA exam: BUS 340, Business Law II.