|
Accounting B.S.
The Brentwood Campus of Long Island University
offers a Bachelor of Science degree program in Accounting. A student
majoring in Accounting may select either a Public Accounting or
a Managerial Accounting concentration.
Admission Requirements
The Brentwood Campus does not accept first-time freshmen. Admission
requires a minimum GPA of 2.50 overall from previously attended
undergraduate institutions.
Academic Requirements
Requirements include minimum cumulative averages of 2.50 in all
courses and 2.50 in accounting courses. All accounting courses must
be passed with a grade of (C) or better. The student must maintain
these minimum grade point averages until graduation. An accounting
course in which a student receives a grade below (C) must be repeated
immediately. Prerequisite courses in which the student receives
grades below (C) must be repeated before he or she will be permitted
to enroll in subsequent courses. A transfer student from an accredited
two-year college will be granted a maximum of 72 transfer credits
based on the evaluation of his or her transcript. He or she may
receive up to 12 semester hours of credit for Principles of Accounting
and Intermediate Accounting.
Core Requirements for Accounting Majors
Both Public and Managerial Accounting students must satisfy the
following core requirements. Most transfer students will have completed
these requirements before entering the upper division program offered
at the Brentwood Campus.
Accreditations
Brentwood Campus Business and Accounting programs are registered
with the New York State Education Department and accredited by the
Commission of Higher Education of the Middle States Association
of Colleges and Secondary Schools. In addition, the programs have
received initial accreditation by the International Association
of College Business Educators (IACBE).
Liberal Arts
Courses Credits
English 1, 2, and 30 9
Speech 1 or 17 3
Economics 11, 12, 72 9
Math 5 & 6 6
Computer Science 10 3
Arts (Choose 6 credits from the following - maximum of 3
in one area)
Art 1, 5, 17, or 18
Music 1, 2
Dan 1, 8
CMA 9
Cinema 11
Theatre 1 or Theatre 42
Languages/Literature (Choose 6 credits in either literature
or a foreign language)
World Literature 46, 47, 55, 56, 72, 73 or English 7, 8
Language 1, 2, 3, 4, 11, 12 (French, German, Hebrew, Italian,
Japanese, Russian, or Spanish)
History or Philosophy (Choose 6 credits)
History 1, 2, or 3, 4 or Philosophy 8, 13, 25, 26
Social Science (Choose 6 credits from one discipline)
Sociology 1, 2
Anthropology 1, 2
Geography 1, 2
Psychology 1, 2
Laboratory Science (Choose 8 credits from one discipline)
Biology 1S and 1M
Chemistry 1, 2
Physics 11, 12
Geology 1, 2
Psychology 3, 4
Biology 7, 8
Earth Science 1, 2
Physics 9, 10 (Astronomy)
Liberal Arts Elective (3 Credits)
Library Competency Exam or Workshop (non-credit requirement)
Business Writing Workshop
(English 06) (non-credit requirement)
(FIN 16 or MGT 16 or MKT 16 waives ENG 06
ACCOUNTING B.S.
PUBLIC ACCOUNTING CONCENTRATION
This curriculum prepares graduates to satisfy the educational requirements
needed to sit for the Certified Public Accountant (CPA) licensure
examinations. The curriculum in Public Accounting is recognized
and registered by both the New York State Education Department and
the New Jersey State Education Department.
A student selecting this curriculum becomes eligible for graduation
after completing 128 credits in compliance with the rules outlined
by the University and the School of Professional Accountancy.
Accounting and Basic Business Course Requirements (63 Credits)
Courses Credits
Accounting 11-12, 21-22, 61, 81, 82, 84, 85, 91 30
Finance 11, 12 6
Law 11-12, and 19 9
Management 11 3
Marketing 11 3
Electives in Accounting 6
Electives in Business Administration 6
Suggested Sequential Program for Public Accountancy
Freshman Year (33 Credits)
College 101
English 1 or 1s
Mathematics 4 or 5
Accounting 11
Laboratory Science Core
History or Philosophy Core
English 2
Mathematics 5 or 6
Accounting 12
Laboratory Science Core
Computer Science 6
Sophomore Year (33 Credits)
Accounting 21
Mathematics 6 or Liberal Arts
Marketing 11
Social Science Core
English 30
Economics 11
Accounting 22
Management 11
History or Philosophy Core
Oral Communication 1 or 17
Economics 12
English 06
Library Competency (must be completed by end of sophomore year)
Junior Year (33 Credits)
Accounting 91
Accounting 84
Law 11
Finance 11
Fine Arts Core
Language or Literature Core
Accounting 81
Accounting 85
Law 12
Finance 12
Language or Literature Core
Senior Year (30 Credits)
Accounting Elective
Accounting 61
Fine Arts Core
Business Elective
Economics 72
Accounting Elective
Accounting 82
Business Elective
Law 19
Social Science Core
ACCOUNTING B.S.
MANAGERIAL ACCOUNTING CONCENTRATION
This curriculum prepares graduates for the private (industrial
or institutional), or governmental fields of accounting.
Required Accounting and Basic Business Courses (63 Credits)
Courses Credits
Accounting 11-12, 21-22, 61, 81, 82, 84 24
Finance 11, 12, 31 9
Law 11-12 6
Management 11, 18, Quantitative Analysis and Systems 19 9
Marketing 11 3
Electives in Accounting 6
Electives in Business Administration 6
Suggested Sequential Program for Managerial Accounting
Freshman Year (33 Credits)
College 101
English 1 or 1s
Mathematics 4 or 5
Accounting 11
Laboratory Science Core
History or Philosophy Core
English 2
Mathematics 5 or 6
Accounting 12
Laboratory Science Core
Computer Science 6
Sophomore Year (33 Credits)
Accounting 21
Mathematics 6 or Liberal Arts
Marketing 11
Social Science Core
English 30
Economics 11
Accounting 22
Management 11
History or Philosophy Core
Oral Communication 1 or 17
Economics 12
English 06
Library Competency (must be completed by end of Sophomore year)
Junior Year (32 Credits)
Management 18
Accounting 84
Law 11
Finance 11
Fine Arts Core
Language/Literature Core
Accounting 81
Quantitative Analysis 19
Law 12
Finance 31
Language/Literature Core
Senior Year (30 Credits)
Accounting Elective
Accounting 61
Fine Arts Core
Business Elective
Economics 72
Accounting Elective
Accounting 82
Business Elective
Finance 12
Social Science Core
UNDERGRADUATE
ACCOUNTING COURSES
ACC 11B Introduction to the Principles and Applications of Financial
Accounting
The purpose of this course is to familiarize the student with
the presentation of accounting information regarding business enterprises.
The course provides the student with the underlying concepts and
basic procedures of a financial accounting information system. Attention
is given to recording and processing transactions and events that
are necessary for the communication of financial accounting information.
Fall, 3 credits
ACC 12B Introduction to the Principles of Financial Accounting
This course is a continuation of ACC 11, with a focus on accounting
for the partnership and corporate forms of business organizations.
Other topics covered include Cash Flow Statements, Financial Statement
Analysis, and an introduction to Managerial Accounting. A practice
set is a requirement of this course.
Prerequisite: ACC 11
Spring, 3 credits
ACC 21B Intermediate Accounting I
The purpose of this course is to consider the underlying postulates,
concepts, and principles of financial accounting, and the interpretation
and application of the pronouncements of authoritative accounting
bodies. Specific attention is given to the valuation and presentation
of assets and current liabilities.
Prerequisites: ACC 11-12, Math 5-6
Fall, 3 credits
ACC 22B Intermediate Accounting II
This course covers accounting for current and long-term liabilities,
paid-in capital, and retained earnings. Special attention is given
to errors and their correction and financial statement analysis
by use of comparative data, special ratios, and measurements.
Prerequisite: ACC 21
Spring, 3 credits
ACC 61B Cost Accounting
This course focuses on accounting as a managerial tool for decision-making.
The student becomes familiar with costs and cost accounting systems
used in the planning, control and informational feedback of business
operations. Attention is given to inventory valuation in manufacturing
processes, cost-volume-profit analysis, and non-routine decisions.
Prerequisite: ACC 21
Every Semester, 3 credits
ACC 81B Accounting Problems
The purpose of the course is to train the student to recognize and
solve advanced financial accounting problems, to consider the effects
these problems have on managerial decision-making and their impact
upon published financial reports. Particular attention is given
to the problems of consolidations, corporate mergers, international
operations, partnership, and liquidations.
Prerequisite: ACC 22
Every Semester, 3 credits
ACC 82B Auditing
The purpose of this course is to familiarize the student with generally
accepted auditing standards (GAAS) adopted by the AICPA and related
authoritative pronouncements. Particular attention is devoted to
ethics of the public accounting profession, internal control, and
development of audit programs. The course focuses on the independent
auditor’s attest function, in which the auditor expresses an opinion
on the fair presentation of an entity’s financial statements in
accordance with generally accepted accounting principles (GAAP).
Prerequisite: ACC 22
Annually, 3 credits
ACC 83B Auditing in a Computer Environment
The effects of a computerized environment on the standards, methods
and procedures of auditing is examined. In addition, auditing techniques
that involve auditing through and around the computer are examined.
Particular attention is given to internal controls, flow charting,
and the legal interpretations of computer-produced evidential matter.
Prerequisites: ACC 82 and knowledge of one computer language
On Occasion, 3 credits
ACC 84B Federal Income Taxation
This course is the study of basic federal tax rules in the Internal
Revenue Code. Emphasis is on taxation of an individual. The method
of presentation involves the study of the development of the law,
the current law, and proposed changes.
Fall, 3 credits
ACC 85B Advanced Federal and State Income Taxes
This course is a continuation of ACC 84 with the addition of corporate
and partnership taxation rules and regulations. A detailed case
study is used.
Prerequisite: ACC 84
Spring, 3 credits
ACC 91B Development of Current Accounting Theory
This course is an exploration and critical evaluation of recent
developments in accounting theory. Included is the study of the
relation of accounting theory to the logic of other areas of business
administration. Individual and group research is undertaken.
Prerequisite: ACC 22
Every Semester, 3 credits
ACC 93B Financial Reporting and Analysis
This course enables the student to use accounting tools and presentations
learned in prior courses in order to assess the past and present
financial condition, operating results, and future needs of the
business enterprise. Emphasis is placed upon ratio and trend analysis
for the detection and interpretation of problem areas of the business.
A term paper requires the qualitative and quantitative analysis
of a published financial statement.
Prerequisite: ACC 22
Annually, 3 credits
ACC 94B Accounting for Government and Non-Profit Organizations
This course is an in-depth study of the accounting for government
and non-profit organizations. The course focuses on the various
governmental funds and group of accounts in these public entities.
Attention is also given to other non-profit organizations such as
colleges and hospitals.
Prerequisite: ACC 21 or
Co-requisite: ACC 22
Annually, 3 credits
ACC 95B Advanced Financial Accounting
A capstone course, covering all aspects of financial accounting.
The course draws heavily on material from the accounting practice
and theory sections of the uniform CPA examination. Special attention
is given to significant current issues in financial, tax, and cost
accounting.
Prerequisite: ACC 81
Spring, 3 credits
(top)
|
