2101. Financial Accounting (3 s.h.) F S SS.

(Formerly: ACCT 0001.)

Basic concepts and principles underlying the preparation and use of financial statements. Among the topics covered will be basic accounting theory, transactional analyses, income determination, asset and liability valuation, and the preparation of financial statements.

2102. Managerial Accounting (3 s.h.) F S SS.

(Formerly: ACCT 0002.)

Prerequisite: Grade of C- or higher in Accounting 2101 (0001). Accounting and Finance majors need to earn a grade of C or better in 2101 and 2102 to be eligible to take Accounting 3511. Accounting majors admitted as freshmen fall semester 2008 or after should register for Accounting 2521 instead of Accounting 2102.

Basic concepts related to the manager’s role in making business decisions using accounting data. Topics include cost classification, behavior, and allocation, cost-volume-profit analysis, operating and capital budgeting, variance analysis, performance evaluation and responsibility accounting.

Note: The Accounting major has changed beginning fall semester 2008 for freshmen. These changes will not be in effect for transfer students until the fall semester 2010. Accounting majors admitted as freshmen fall semester 2008 or after should register for Accounting 2521 instead of Accounting 2102.

2521. Cost Accounting (3 s.h.) F S SS.

(Formerly: ACCT 0121.)

Prerequisite: Grade of C or higher in Accounting 2101 (0001) and 2102 (0002) at Temple University or the transfer institution. Accounting majors admitted as freshmen fall semester 2008 or after should register for this course immediately after Accounting 2101 instead of Accounting 2102.

The accumulation and analysis of cost accounting information for the valuation of products and services, internal decision making, and measurement of financial performance.

Note: The Accounting major has changed beginning fall semester 2008 for freshmen. These changes will not be in effect for transfer students until the fall semester 2010. New freshmen Accounting majors who were admitted fall semester 2008 or after are not required to take Accounting 2102. You should register for Accounting 2521.

2901. Honors Financial Accounting (3 s.h.) F. RCI: HO.

(Formerly: ACCT 0091.)

Prerequisite: Open only to business designated Honors students or with special permission.

Course will develop knowledge of financial accounting theory, statement preparation, and the use of accounting data by managers and external users.Honors version of 2101 (0001).

Note: May be used to fulfill the first portion of the accounting requirement for the Fox School of Business and Management.

2902. Honors Managerial Accounting (3 s.h.) S. RCI: HO.

(Formerly: ACCT 0092.)

Prerequisite: Grade of C or higher in Accounting 2101 (0001) or 2901 (0091). Accounting majors who were admitted as freshmen fall semester 2008 or after are not required to take Accounting 2902. You should register for Accounting 2521. Accounting 2902 is open only to business designated Honors students or with special permission.

Course will provide an introduction to managerial accounting concepts and techniques and their use by decision makers. Honors version of 2102 (0002).

3511. Intermediate Accounting I (3 s.h.) F S SS.

(Formerly: ACCT 0011 and 2511.)

Prerequisite: Accounting majors admitted as freshmen fall semester 2008 or after are required to earn a C or higher in 2101(0001). All other Accounting majors are required to earn a Grade of C or higher in Accounting 2101 (0001) and 2102 (0002) at Temple University or the transfer institution.

Accounting principles as they relate to financial reporting. Income determination, asset and liability valuation, and the form and content of financial statements are examined.

Note: This course meets an upper-level major or business elective requirement.

3512. Intermediate Accounting II (3 s.h.) F S SS.

(Formerly: ACCT 0012.)

Prerequisite: Grade of C or higher in Accounting 3511 (2511/0011) at Temple University or the transfer institution. Accounting majors admitted as freshmen fall semester 2008 or after are required to earn a C or higher in Accounting 2521 as a prerequisite for this course.

A continuation of material begun in Accounting 3511. Stockholders’ equity, earnings per share, and long-term investments will be covered along with complex revenue recognition problems, pensions, leases, inter-period tax allocation, and cash flows.

Note: This course meets an upper-level major or business elective requirement.

3526. Accounting Information Systems (3 s.h.) F S SS.

(Formerly: ACCT 0126.)

Prerequisite: Grade of C or higher in Accounting 2101 (0001) and 2102 (0002) at Temple University or the transfer institution. Accounting majors admitted as freshmen fall semester 2008 or after are required to earn a C or higher in Accounting 2521 as a prerequisite for this course.

An introduction to the evaluation and design of accounting information systems and the documenting and analysis of a client’s hardware and software needs. Internal controls, networking options and security issues also will be examined. Students will receive hands-on experience with accounting software.

3531. Federal Taxes on Income (3 s.h.) F S SS.

(Formerly: ACCT 0131.)

Prerequisite: Grade of C or higher in Accounting 3511 (2511/0011).

This course is intended to provide an introduction to the concepts and logic underlying federal income tax law. Emphasis will be given to the determination of income and allowable deductions for both individual and business entity taxpayers. The course also integrates some financial accounting and finance theory with federal tax law. Consequently, it is important for students to have a sound grasp of the basics of financial accounting before taking this course

3533. Advanced Accounting (3 s.h.) F S SS.

(Formerly: ACCT 0233.)

Prerequisite: Grade C or higher in Accounting 3512 (0012).

The major topics covered in this course include:business combinations, intercompany transactions,and other aspects of inter-corporate stock ownershipnecessary for the preparation of consolidatedfinancial statements. Foreign currency transactions, foreign currency translation, governmental accounting and not-for-profit accounting topics are introduced and discussed.

3561. International Accounting (3 s.h.) S.

(Formerly: ACCT 0250.)

Prerequisite: Grade of C or higher in Accounting 2101 (0001) and 2102 (0002) at Temple University or the transfer institution. Accounting majors who entered as freshmen in fall 2008 take Accounting 2521 and need a grade of C or better to take this course.

The purpose of this course is to provide an understanding of accounting issues arising from the increased globalization of business. Topics covered include: comparative cross-national financial reporting; efforts to harmonize cross-national accounting standards and practices and to develop international accounting standards; taxation and transfer pricing issues; and managerial control of global operations.

3580. Special Topics - Accounting (3 s.h.)

(Formerly: ACCT 0394.)

Special topics in current developments in the field of accounting.

3582. Independent Study (1 to 6 s.h.) F S.

(Formerly: ACCT 0395.)

Prerequisite: At least 15 s.h. of accounting, consultation with a faculty member, and approval of the department chair. Cannot be used to replace required courses.

Students will prepare research papers under supervision of a faculty member.

Note: Students who want to sit for the CPA exam or other professional designations may have to petition to have independent study credit accepted by the examining authority toward satisfying minimum education requirements.

3596. Auditing (3 s.h.) F S SS. RCI: WI.

(Formerly: ACCT W123.)

Prerequisite: Grade of C or higher in Accounting 3511 (2511/0011).

A study and critical appraisal of current auditing standards related to the examination of financial statements by an independent auditor. The significance of the audit report, the nature, accumulation, and evaluation of evidence for balances and transaction cycles, and the moral and ethical problems of the auditor are some of the topics covered. An introduction to the provisions of the Sarbanes Oxley Act and assurance services also will be provided. This is a writing intensive course.

3911. Honors Intermediate Accounting I (3 s.h.)

(Formerly: ACCT 0093.)

Prerequisite: Follow prerequisites of Accounting 3511.

Honors version of ACCT 3511 (2511/0011).

3999. Honors Thesis I (1 to 3 s.h.) F S.

Prerequisite: Approval of instructor, Fox School Research Scholar Director, and Fox School Honors Director.

The first of a two-part sequence of courses in which independent research is conducted under the supervision of a thesis advisor from the Accounting department resulting in a substantial piece of original research, roughly 30 to 50 pages in length upon completion of Accounting 4999. The student must publicly present his/her findings at a Temple University Research Forum session or the equivalent during one of the two semesters during which these courses are undertaken.

4596. Senior Seminar in Accounting (3 s.h.) F S. RCI: WI.

(Formerly: ACCT W300.)

Prerequisite: Grade C or higher in Accounting 2521 (0121), 3512 (0012), 3596 (W123), and 3531 (0131) as well as senior standing.

Capstone course designed to enable students to evaluate generally accepted accounting principles and to relate accounting theory to accounting practice. This course is intended to serve as a transition from academia to professional practice. This is a writing intensive course.

Note: Capstone writing course.

4999. Senior Honors Thesis (3 s.h.) F S.

(Formerly: ACCT 0397.)

Prerequisite: Approval of instructor and Fox School Honors Director.

Independent research conducted under the supervision of a thesis advisor from the Accounting Department resulting in a substantial piece of original research, roughly 30 to 50 pages in length. Student must publicly present his/her findings at a Temple University Research Forum session or the equivalent.