Course Listing

AC 101 Accounting Principles I 3
Introduction to accounting and financial information. Includes an overview of principles of financial accounting and basic managerial accounting concepts. Includes applications of electronic spreadsheets. Emphasis is placed on the use of accounting information in management decision making.

AC 102 Accounting Principles II 3
An extension of AC 101 with more emphasis on the collection, preparation, presentation, and interpretation of accounting information. Covers financial and managerial accounting and includes applications using accounting software. Prerequisite: AC 101.

AC 208 Intermediate Accounting I 3
Covers the collection, recording, and summarizing of accounting data for financial reports. Many balance sheet items are examined in detail explaining the theory of their application to the accounting system and financial statements. Includes software applications. Prerequisite: AC 102.

AC 210 Intermediate Accounting II 3
A continuation of AC 208. Emphasis is placed on issues related to liabilities and stockholder’s equity. Includes software applications. Prerequisite: AC 208.

AC 216 Federal Income Taxation 3
Introductory course in taxation. Focuses on tax structures and requirements for individual taxpayers and businesses.

AC 231 Cost Accounting 3
Examines cost behavior and the planning and control of costs. Emphasis is placed on how information is used in management decision making. Prerequisite: AC 102.

AC 298 The Mount Aloysius Project: Forensic Investigation Simulation 1
This course is primarily an experiential course designed to allow students to assume the role of an investigator for the Criminal Investigation Division of the Internal Revenue Service. Students will prepare and conduct “mock” financial investigations as part of a team of student investigators under the direction and supervision of IRS/CID agents. Students will practice witness interviewing skills, note-taking, arrest techniques, firearms training, surveillance training, and teamwork. Students will meet four times in a classroom setting in addition to the orientation and investigation days. (This course may also be taken as CR 298.)

AC 308 Advanced Financial Accounting 3
Study of specialized topics of concern including, but not limited to, consolidation, partnerships, estates and trusts, government and non-profit. Prerequisite: AC 210.

AC 318 Auditing 3
Study and application of standards and procedures used to review, test, and evaluate, accounting controls, to verify transactions and balances, and to express an opinion in an audit report on the fairness of financial statements presentation. Current issues and audit liability are also discussed. Prerequisite: AC 210.

AC 326 Government and Non-profit Accounting 3
Examines fund accounting principles and practices as applied to governmental units and various not-for-profit private enterprises. Statutory regulations and industry-specific needs are also examined. (Students who have taken PA 326 may not also receive credit for AC 326.) Prerequisite: AC 102.