0001. Principles of Accounting I (3 s.h.) F S SS.

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.

0002. Principles of Accounting II (3 s.h.) F S SS.

Prerequisite: Grade of C or higher in Accounting 0001.

Basic concepts related to the accountant's role in the management of a company. Organization for control, determining cost behavior, responsibility accounting, capital budgeting, and profit planning.

0011. Intermediate Accounting I (3 s.h.) F S SS.

Prerequisite: Grade of C or higher in Accounting 0001 and 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.

0012. Intermediate Accounting II (3 s.h.) F S SS.

Prerequisite: Grade of C or higher in Accounting 0011 at Temple University or the transfer institution.

A continuation of material begun in Accounting 0011. 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.

0091. Honors Principles of Accounting I (3 s.h.) F.

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.

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

0092. Honors Principles of Accounting II (3 s.h.) S.

Prerequisite: Grade of C or higher in Accounting 0001 or 0091. 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.

0121. Cost Accounting (3 s.h.) F S SS.

Prerequisite: Grade of C or higher in Accounting 0001 and 0002 at Temple University or the transfer institution.

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

0123/W123. Auditing (3 s.h.) F S SS. Core: Acct W123: WI.

Prerequisite: Grade of C or higher in Accounting 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 assurance services also will be provided.

0126. Accounting Information Systems (3 s.h.) F S SS.

Prerequisite: Grade of C or higher in Accounting 0001 and 0002 at Temple University or the transfer institution.

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.

0131. Federal Taxes on Income (3 s.h.) F S SS.

Prerequisite: Grade of C or higher in Accounting 0011.

This course provides an introduction to federal income taxation and focuses on the determination of income and deductions for business transactions. It 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.

0140. Accounting Issues in Electronic Commerce (3 s.h.) F SS.

Prerequisite: Grade of C or higher in Accounting 0011.

This course provides an overview of the subject of electronic commerce focusing on those areas of greatest importance to accounting and finance professionals. Students will learn about important changes taking place in economic activity (particularly business processes) as a result of electronic commerce and the implications for outside auditors and managers of businesses who are responsible for ensuring the integrity of information systems and financial reporting. Changes in auditing techniques and the emergence of new opportunities in attestation services related to electronic commerce also will be examined.

0233. Advanced Accounting (3 s.h.) F S SS.

Prerequisite: Grade C or higher in Accounting 0012.

The major topics covered in this course include: business combinations, intercompany transactions, and other aspects of inter-corporate stock ownership necessary for the preparation of consolidated financial statements. Foreign currency translation and partnership accounting also are examined.

0250. International Accounting (3 s.h.) S.

Prerequisite: Grade of C or higher in Accounting 0001 and Accounting 0002 at Temple University or the transfer institution.

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.

0300/W300. Senior Seminar in Accounting (3 s.h.) F S SS. Core: Acct W300: WI.

Prerequisite: Grade C or higher in Accounting 0012 or 0112, 0121, W123, and 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. The role of accounting theory in setting accounting standards, the role of the SEC in influencing accounting policies and promoting full disclosure, and capital market efficiency will be examined along with other current reporting issues.

Note: Capstone writing course

0394. Special Topics (3 s.h.) SS.

Special topics in current developments in the field of accounting.

0395, 0396. Independent Study (1 - 6 s.h.) F S.

Prerequisite: At least 15 s.h. of accounting, consultation with a faculty member, and approval of the department chairperson. 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.

0397. Senior Honors Thesis (3 s.h.) F S.

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.