Accounting Area of Emphasis
12 hours (4 classes) + 3 hours (1 class) electives
The accounting area of emphasis prepares students for accounting positions available in various industries and institutions. Students may either seek employment in the corporate or governmental arena or opt to sit for the CPA exam if they have an interest in public accounting. Students who intend to earn the CPA certificate should refer to the State of Colorado Board of Accountancy website for detailed information and exam requirements.
The graduate accounting emphasis requires students with an undergraduate degree to complete twelve semester hours in accounting. Students who do not have an undergraduate accounting degree take an additional five three-semester hour undergraduate courses in accounting.
Students who choose an area in Accounting will take 21 semester hours of MBA core courses, 12 semester hours of Accounting (ACCT) elective courses and 3 semester hours of any MBA 600-Level elective course.
For students with an undergraduate degree in accounting:
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For students without an undergraduate degree in accounting:
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Course Descriptions
ACCT 201 Introduction to Financial Accounting
Focuses on the selection and preparation of basic financial information for the principal financial statements of the business enterprise, with emphasis on asset and liability valuation problems and the determination of net income. Course typically offered in the Fall, Spring and Summer semesters.
ACCT 202 Introduction to Managerial Accounting
Preparation of the statement of cash flows, basic financial statement analysis, the analysis of product, service, and period costs, and the role of accounting in the planning and control of business enterprises. Emphasis on management decision making uses of accounting information. Includes the use of spreadsheets. Prerequisites: ACCT 201. Course typically offered in the Fall, Spring, and Summer semesters.
ACCT 301 Intermediate Accounting I
A comprehensive analysis of the practice of financial accounting and reporting by public corporations to investors, creditors, and other users. Includes analysis of standards setting, accounting theory, and generally accepted accounting principles. Emphasis is on the purpose of financial statements with a focus on income determination and asset valuation. Prerequisites: ACCT 202 or ACCT 550. Course typically offered in the Fall and Spring semesters.
ACCT 302 Intermediate Accounting II
A continuation of Accounting 301 with focus on liabilities, equity, and special areas, including cash flow statements, leases, pensions, income taxes, earnings per share, and changing prices. Prerequisites: ACCT 301. Course typically offered in the Fall and Spring semesters.
ACCT 311 Cost Accounting
Cost analysis for purposes of control and decision making. Analysis of cost behavior, role of accounting in planning and control, and managerial uses of cost accounting data. Includes use of spreadsheets. Topics of current interest will be discussed, including activity-based costing. Prerequisites: ACCT 202 or ACCT 550 and spreadsheet exposure. Course typically offered in the Fall and Spring semesters.
ACCT 601 Seminar: Financial Accounting Theory
A concentrated analysis and evaluation of alternative conceptual systems for reporting about and by public corporations in financial statements. Involves considering the economic and political history of currently acceptable and unacceptable theories and practices for financial accounting in general and for specific topics. Prerequisites: ACCT 301 and 302.
ACCT 611 Seminar: Managerial Accounting Issues
In-depth exploration of the broad professional field of managerial accounting, especially as related to organizational decision making, planning, and control. Development and current problems of the managerial accounting function are analyzed. Prerequisites: ACCT 311. ACCT 411 desirable.
ACCT 661 Seminar: Issues in Auditing
Development of auditing as a profession, including the evolution of auditing standards and audit reports. Current issues relating to ethical and legal responsibilities of the auditor are explored. Historical and contemporary literature in the field is reviewed. Prerequisites: ACCT 550 or equivalent; ACCT 461 desirable.
ACCT 671 Individual Income Tax
Analysis of basic concepts of federal income taxes. Concepts will be applied to actual situations by the use of a computer-generated tax return package. Focus is on individual considerations and planning. Prer. ACCT 201, ACCT 202 or ACCT 550. ACCT 301 desirable. COB Graduate Students. Meets with ACCT 421. Course typically offered in the Fall and Spring semesters.
ACCT 672 Corporate and Partnership Income Tax
Primary emphasis is on C and S corporations and partnerships. Basic analysis of planning and compliance of most corporation and partnership organizations, operations, mergers and dissolutions. Business planning and international taxation is also considered. Prer. ACCT 421 or ACCT 671. COB graduate students. Meets with ACCT 422. Course typically offered in the Spring semester.
ACCT 673 Introduction to Accounting Systems
An introduction to the elements in an accounting information system. Explores the newest technology and the accountant's/financial analysts' role in designing systems. Includes exposure to various software tools commonly used by accountants and financial analysts. pre. ACCT 550 or equivalent. COB Graduate Students. Meets with ACCT 431. Course typically offered in the Spring semester.
ACCT 674 Fund Accounting for Government and Nonprofit Organization
Introduction to accounting practices in governmental and nonprofit organizations. Fund accounting and budgetary control techniques will be covered in detail with an emphasis on management use of this information. Prer. ACCT 202 or ACCT 550. COB graduate students. Meets with ACCT 461. Course typically offered in the Summer semester.
ACCT 676 Auditing
A study of generally accepted auditing standards, ethical responsibilities and legal liabilities of the independent auditor and auditing techniques used by independent public accountants. Prer. ACCT 301 and ACCT 302. COB graduate students. Meets with ACCT 461. Course typically offered in the Fall semester.
NOTE: MBA 600-level electives are offered on a 2 year cycle. To see when courses will be offered, view our Long Range Campus Schedule.
