Accounting Courses at Ashford University

In today’s workplace, the practice of accounting goes beyond number crunching. These online accounting classes are central to Ashford University’s Bachelor of Arts in Accounting and the Master of Accountancy. Accounting courses also appear in a number of other business degree programs. Several of the 600-level courses comprise the specializations for the Master’s degree: Accounting and Audit. As you read each class description, you will see how it factors into your degree and career aspirations.


Accounting Class Descriptions and Credit Information

ACC 201 Principles of Financial Accounting

Credits
3 Credits
Description

This course is an introduction to financial accounting for non-accounting business majors. Emphasis is on accrual accounting procedures and the development and use of financial statements.

ACC 202 Principles of Managerial Accounting

Credits
3 Credits
Description

This course is an introduction to managerial and cost accounting concepts for the non-accounting business major. Emphasis is placed on managerial planning and control, cost behaviors, budgeting, and performance analysis.

ACC 205 Principles of Accounting I

Credits
3 Credits
Description

Introduction to the principles and procedures of general financial accounting with an emphasis on reporting to individuals outside the organization. Development of accounting reports on an accrual basis. Offered online and on-campus.

ACC 206 Principles of Accounting II

Credits
3 Credits
Description

Primarily covers the principles of managerial accounting. Emphasis on reporting to individuals inside the organization. Major concepts include job order costing, process costing, budgets and standards, and statement analysis.

ACC 208 Accounting for Managers

Credits
3 Credits
Description

This course is designed to explain how data can be interpreted and used by managers in making decisions. Additionally, this course introduces the student to the analysis and interpretation of financial reports.

ACC 281 Accounting Concepts for Health Care Professionals

Credits
3 Credits
Description

This course is designed as an applied managerial and financial accounting course, designed to provide health care decision-makers with fundamental concepts of health care accounting practices and procedures.

ACC 305 Intermediate Accounting I

Credits
3 Credits
Description

Covers the corporate balance sheet and its related problems. Balance sheet items examined in detail explaining the theory behind various methods of application to accounts: cash, temporary investments, receivables, inventories, plant and intangible assets, and long-term investments.

ACC 306 Intermediate Accounting II

Credits
3 Credits
Description

A continuation of ACC 305. Covers the rest of the balance sheet: current liabilities, long-term liabilities, leases, pensions, and contributed capital retained earnings. Other topics include non-operating income, earnings per share, statement of changes in financial position, and impact of changing prices.

ACC 308 Accounting Information Systems

Credits
3 Credits
Description

This course serves to advance the knowledge of computerized accounting for service and merchandising businesses, the underlying differences between manual and computerized accounting, and build students’ understanding of the accounting cycle and business processes including bookkeeping, invoicing, billing, and business trends.

ACC 310 Cost Accounting I

Credits
3 Credits
Description

Covers traditional “cost” concepts: factory overhead, cost accumulation, job order cost system, process cost system, joint product and byproduct costing, standard costs and variances

ACC 380 Accounting for Not-for-Profit Organizations

Credits
3 Credits
Description

Examines the differences in accounting between not-for-profit and for-profit organizations. Accounting for funds including general funds, special revenue funds, capital projects funds, debts service funds, special assessment funds, internal service funds, enterprise funds, fiduciary funds, the general fixed asset group of accounts, and the general long-term debt group of accounts.

ACC 401 Federal Income Taxes I

Credits
3 Credits
Description

A study of federal income tax laws and their application to individuals, partnerships, and corporations.

ACC 407 Advanced Accounting

Credits
3 Credits
Description

Primarily a course dealing with combined business entities. Topics include mergers, acquisitions and combinations, consolidated financial statements, intercompany profit, changes in equity, international operations, and partnerships.

ACC 410 Auditing

Credits
3 Credits
Description

Principles, procedures, and standards of public accounting. Emphasis on auditor’s working papers and submission of audit statements.

ACC 610 Advanced Federal Taxation

Credits
3 Credits
Description

This course is an introduction to federal taxation for entities other than individuals. Topics include structure, regulations, administration and compliance of federal taxation in the US from the perspective of corporations, partnerships, S corporations, trusts and estates.

ACC 611 Advanced Tax Research

Credits
3 Credits
Description

This course is designed with an emphasis on developing research skills related to complex tax issues. The focus is on interpretation of tax law and finding support for various positions on difficult tax issues related to a variety of business, personal and estate tax issues.

ACC 612 Advanced Financial Accounting

Credits
3 Credits
Description

This course expands on the basic financial reporting concept with a focus on business combination reporting for corporations and partnerships, foreign currency transaction reporting and financial statement translation, and financial statement note disclosure.

ACC 614 Auditing & Fraud Detection

Credits
3 Credits
Description

This course will cover the components of the auditing process with a strong emphasis on planning, risk assessment and gathering audit evidence. The course will provide a foundation in the fundamentals of assurance, attestation and auditing.

ACC 615 Current Issues in Advanced Taxation

Credits
3 Credits
Description

This course is designed to focus on selected taxation issues relevant to today’s economic climate. Topics will vary based on changing tax law and current political climate with an emphasis on interpretation of new tax regulations and pronouncements.

ACC 616 Forensic Accounting

Credits
3 Credits
Description

This course will cover the basic concepts of forensic accounting including identifying, detecting, and preventing fraud. There will be an emphasis on investigating documentary evidence, interviewing witnesses and potential suspects, writing investigative reports and testifying to findings.

ACC 617 Current Issues in Advanced Auditing

Credits
3 Credits
Description

This course will examine current and advanced issues affecting the auditing profession. Topics will include the study of audit risk, corporate governance, audit planning and execution, special reports and assurance engagements.

ACC 618 Professional Ethics for the Accountant

Credits
3 Credits
Description

This course will provide an understanding of the ethics and code of professional conduct provided by the American Institute of Certified Public Accountants (AICPA). In addition, ethic guidelines and codes of conduct endorsed by other professional accounting organizations such as the Institute of Managerial Accountants will be introduced.

ACC 622 Accounting Information Systems

Credits
3 Credits
Description

This course will include a review of accounting information systems application controls and internal control. Topics include hardware and software concepts, application internal controls, internal control procedures, integrated audit software, generalized general ledger software, Sarbanes-Oxley (SOX) internal control requirements and required company and audit documentation.

ACC 623 Advanced Topics in Excel & Access

Credits
3 Credits
Description

This course utilizes the Microsoft Access database management system and Excel spreadsheet tools to build the accounting system elements for each of the four main transaction cycles: revenue, purchase, payroll, and production. Access topics include creating and maintaining tables; designing, maintaining and querying a database; creating forms and reports; and using VBA procedures on a database. Excel topics include the use of functions and formulas of Excel with emphasis on accounting as a financial analysis tool.

ACC 624 Current Issues in Accounting Information Systems

Credits
3 Credits
Description

This advanced course provides an in-depth study of Accounting Information System concepts including business intelligence solutions, computerized accounting, enterprise resource planning, information technology strategy, data integrity, security techniques, user interface design, and internal controls. Emphasis is placed on understanding how accounting information systems can ensure the accuracy and reliability of financial information and aid in the decision-making process of an organization.

ACC 626 Accounting in a Global Environment

Credits
3 Credits
Description

This course will include the study of an entity reported as either a multinational company or an entity whose reporting obligations to stakeholders are located in a country other than that of the reporting entity. Conceptual and practical applications of accounting are investigated from a global perspective. Special emphasis is placed on managing multinational enterprises with respect to how accounting applies to global strategies and the key accounting issues that influence multinational decision making. In addition, a detailed investigation on the convergence of U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) are covered in this course. Also discussed are the effects of financial reporting, international taxation, and international financial statement analysis on a multinational reporting entity.

ACC 630 Advanced Government and Non-Profit Accounting

Credits
3 Credits
Description

This course introduces specialized accounting principles applicable to state and local governments and other non-profit organizations. Emphasis will be on fund accounting and students will gain an understanding of the differences between private and public sector accounting.

ACC 640 Advanced Managerial & Cost Accounting

Credits
3 Credits
Description

This course explores advanced managerial and cost accounting topics as they relate to problem solving skills for managers. Topics include activity based costing, activity based management, cost of quality, theory of constraints related to capacity planning and new emerging practices that support management decision making.

ACC 695 Accounting Capstone

Credits
3 Credits
Description

This course is designed to bring together knowledge gained from the previous program courses and allow the student to demonstrate how the various components of an accounting system work together. Broadly the course encompasses complex accounting concepts, financial statement reporting, taxes, risks, information systems, auditing, business law, and ethics.

ACC 696 Tax Capstone

Credits
3 Credits
Description

This Capstone course will integrate the knowledge learned from prior courses using comprehensive business/individual taxation problems. The course will examine principles and policies that underlie the tax systems and rules. Students will research complicated tax issues involving a variety of tax topics, including businesses, financial tax planning, estates and wills. The culmination of the course involves a complex comprehensive tax research case.

ACC 697 Audit Capstone

Credits
3 Credits
Description

This course is designed to bring together knowledge gained from the previous program courses. Broadly the course emphasizes complex auditing concepts and will also encompass accounting concepts, financial statement reporting, taxes, risks, information systems, business law, and ethics.

ACC 698 Accounting Information Systems Capstone

Credits
3 Credits
Description

This course requires students to use all of the skills and knowledge gained during completion of the program by applying them to contemporary information systems issues and problems facing the profession. Students will be required to apply accounting information systems to complex areas of accounting and taxation. The course emphasizes both the practical and ethical issues of the practice of accounting.