Accounting 010 The accounting major consists of the business core curriculum (31 credits) and accounting courses (21 credits). For required courses, see the Major Requirements chapter. |
33:010:272Introduction to Financial Accounting (3) Introduction to basic accounting concepts, business and reporting, and accounting; emphasis on measuring and recording transactions and interpreting financial statements. Not open to first-year students. |
33:010:275Introduction to Managerial Accounting (3) Introduction to basic concepts of management accounting with emphasis on decision making and controlling operations through the use of budgets and forecasting models, cost and activity analyses, and various financial and nonfinancial performance measures. Prerequisites: 33:010:272. Admission to Rutgers Business School. |
33:010:310Accounting for Engineers (3) Introduction to financial accounting and significant cost accounting concepts. Open only to juniors majoring in industrial engineering. |
33:010:325Intermediate Accounting I (3) Development of accounting principles under the corporate form of business organization. Topics include basic financial statements, cash and receivables, inventories, property, plant, equipment, and intangible assets. Prerequisite: 33:010:272. Open only to accounting majors. |
33:010:326Intermediate Accounting II (3) Continuation of 33:010:325 with topical coverage of long-term liabilities, stockholders` equity, investments, revenue recognition, accounting for income taxes, pensions, leases, accounting changes, and statement of changes in financial position. Prerequisite: 33:010:325. Open only to accounting majors. |
33:010:401Advanced Accounting (3) Consolidated financial statements, including elimination of inter-company transactions. Accounting for foreign currency transactions and translation of foreign currency financial statements. Fund accounting for state and local governments. Reporting by segments of conglomerates. Prerequisite: 33:010:326 or permission of the department. Open only to accounting majors. |
33:010:415Concepts of Auditing (3) Introduction to the principles and concepts of the audit as an attestation service offered by the accounting profession. Primary emphasis is placed on generally accepted auditing standards, the role of the CPA/auditor in evidence collection, analytical review procedures and reporting, the CPA/auditor`s ethical and legal responsibilities, and the role of the Securities and Exchange Commission and other constituencies. Audit testing including statistical sampling, internal control issues, and audit programs are discussed. Prerequisite: 33:010:325. Open only to accounting majors. |
33:010:421Income Tax Accounting (3) Analysis of the income tax laws as they apply to the income of individuals with emphasis on problems arising from these laws. Prerequisite: 33:010:325. Open only to accounting majors. |
33:010:422Topics in Income Taxation (3) Designed for those who will specialize in taxation. Examination of taxation problems of corporations and partnerships, corporate distributions, liquidations, reorganizations, and other corporate tax matters. Prerequisites: 33:010:326 and 421. Open only to accounting majors. |
33:010:425Principles of Business Taxation (3) General principles in business taxation with emphasis on corporate taxation, taxation of capital gains, compensation, and corporate reorganizations. Prerequisites: 33:010:326 and 421. Open only to accounting majors. |
33:010:433Fund Accounting (3) Government and nonprofit accounting as it relates to governments, colleges, and universities, as well as voluntary health and welfare programs. Prerequisite: 33:010:326. Open only to accounting majors. |
33:010:435Internal and Operational Auditing (3) Different phases of internal auditing, control for quality of accounting information, and observance of laws for disclosure of information. Prerequisite: 33:010:415. Open only to accounting majors. |
33:010:441Advanced Accounting Theory (3) Study of the current status of generally accepted accounting principles, including the historical and conceptual dimensions; analyses of the APB Opinions and the FASB Statements; current theoretical controversies such as leases, pension costs, income definitions, inflation, and materiality. Prerequisite: 33:010:326. Open only to accounting majors. |
33:010:451Cost Accounting (3) Basic cost concepts and the operation of the two basic cost systems (job order and process cost), including problems involving multiple product costing and standard cost with emphasis on variance analysis. Prerequisites: 33:010:275 and 325. Open only to accounting majors. |
33:010:452Managerial Accounting for Economists (3) Basic cost concepts and the operation of the two basic cost systems (job order and process cost), including problems involving multiple product costing and standard cost, with emphasis on variance analysis. Prerequisite: 33:010:272. Open only to economics majors with an accounting option. Credit not given for both this course and 33:010:275. |
33:010:457Budgetary Control and Advanced Management Accounting (3) Continuing development of principles of cost accounting and budgets; cost-volume-profit analysis, budgeting, responsibility accounting, evaluating profit performances, distribution cost analysis, decision-making costs, and capital budgeting. Prerequisites: 33:010:451, 33:623:385 and 386. Open only to accounting majors. |
33:010:458Accounting Information Systems (3) Management information systems concepts used to develop an accounting information system for corporations, with emphasis on general concepts, management of accounting data flow, and software controls. Prerequisite: 01:198:170. Open only to accounting majors. |
33:010:472Analysis of Financial Statements (3) Factors that affect the critical examination and interpretation of financial statements from the viewpoint of groups using such data with emphasis on accounting problems, analytical methods, and item content of formal statements. Prerequisite: 33:010:326. Open only to accounting majors. |
33:010:490Independent Project in Accounting (3) Individual research and/or reading program under guidance of member of the department. Prerequisite: Permission of department. Open only to accounting majors. |
33:010:495Honors Project (3) Individual research and reading project. Prerequisite: Permission of department. Open only to accounting honors students. |
