Accounting (ACCT)
ACCT 2001. Principles of Financial Accounting. (3 Credits)
The study of the generation and interpretation of accounting information as a basis for financial statement analysis and management decision-making.
Enrollment Requirements: Not recommended for first year students. May not be taken out of sequence after passing ACCT 2101, ACCT 3005, or ACCT 3260.
ACCT 2101. Principles of Managerial Accounting. (3 Credits)
(Also offered as BADM 2101.) Internal reporting to managers for use in planning and controlling operating systems, for use in decision making, formulating major plans and policies, and for costing products for inventory valuation and income determination. Formerly offered as BADM 2710.
Enrollment Requirements: ACCT 2001; open only to Business majors of sophomore or higher status. May not be taken out of sequence after passing ACCT 3201, ACCT 3221, or ACCT 4881.
ACCT 3005. Introduction to a Profession. (1 Credit)
Designed to help students (1) understand the professional responsibilities of accountants, (2) enhance one's knowledge of the structure of the accounting profession and the reporting process, (3) evaluate alternative accounting careers, and (4) prepare for accounting internship and career opportunities. Consists of a series of evening seminars. Topics include (among others): alternative accounting careers, accounting standard setting, professional certification for accountants, and analysis and interpretation of accounting information. The course will also introduce and allow students to interact with UConn accounting alumni in a variety of accounting careers.
Enrollment Requirements: ACCT 2001 which may be taken concurrently; open only to Business majors of sophomore or higher status. Required for Accounting majors.
ACCT 3201. Intermediate Accounting I. (3 Credits)
(Also offered as BADM 3201.) An in-depth study of financial accounting, giving particular emphasis to balance sheet valuations and their relationship to income determination.
Enrollment Requirements: ACCT 2101 or BADM 2101; ECON 1200, or ECON 1201 and 1202, or ARE 1150 and ECON 1202; open only to business majors of junior or higher status. Accounting majors must also complete ACCT 3005 either before or concurrently. May not be taken out of sequence after passing ACCT 3202 or 4881.
ACCT 3202. Intermediate Accounting II. (3 Credits)
Enrollment Requirements: ACCT or BADM 3201; open only to business majors of junior or higher status; Accounting majors must also complete ACCT 3005 either before or concurrently. May not be taken out of sequence after passing ACCT 4203 or ACCT 4243/BADM 4243.
ACCT 3210. Introduction to Accounting Analytics. (3 Credits)
In Introduction to Accounting Analytics, students will develop their ability to ask and answer meaningful accounting questions through data analytics. Using different types of data analysis software, students will identify business questions that can be answered using data, prepare data for analysis, perform tests, and analyze and communicate the results of testing. Students will learn to think critically about what makes a good accounting question and how data can be used to answer those questions. Students will apply these skills within an accounting framework, in areas such as financial reporting, auditing, and managerial accounting.
Enrollment Requirements: ACCT 2001.
ACCT 3221. Cost Accounting. (3 Credits)
(Also offered as BADM 3221.) The study of (1) product costing as a basis for income determination and inventory valuation and (2) accounting concepts for planning and controlling organizational operations.
Enrollment Requirements: ACCT 2101 or BADM 2101; open only to business majors of junior or higher status.
ACCT 3260. Federal Income Taxes. (3 Credits)
(Also offered as BADM 3260.) A study of the underlying concepts of federal income taxation. Emphasis to be placed upon the impact of taxes on business decisions.
Enrollment Requirements: ACCT 3201 or BADM 3201; open only to business majors of junior or higher status. May not be taken out of sequence after passing ACCT 4261.
ACCT 3265. Volunteer Income Tax Assistance for Preparers. (2 Credits)
(Also offered as BADM 3265.) IRS Certification in Basic Domestic and International Student and Scholar tax returns. Research and analyze current tax issues, interview a diverse group of real taxpayers, prepare real returns and respond to immediate feedback while working in a controlled setting under the supervision of a CPA. Students learn practical accounting and tax skills and procedures, while providing a valuable service to our community. Gives students the rare opportunity to gain technical industry experience in an academic environment. ACCT/BADM 4265 can be taken for one credit subsequent to ACCT/BADM 3265. Students in ACCT/BADM 4265 serve as qualified reviewers.
Enrollment Requirements: ACCT 2001; open only to business majors of sophomore or higher status. May not be taken out of sequence after passing ACCT 4265.
ACCT 4203. Advanced Accounting. (3 Credits)
An in-depth study of accounting for business combinations. Coverage will also be given to accounting for nonprofit entities and contemporary issues in financial accounting.
Enrollment Requirements: ACCT 3202 or BADM 3202; open only to Business majors of junior or higher status. Not open for credit to students who have passed or are taking ACCT 5603.
ACCT 4204. Financial Statement Analysis and Business Valuation. (3 Credits)
Advances the understanding of financial information to analyze and value firms. Involves the application of accounting, economics, finance and other skills to better understand information contained in financial reports.
Enrollment Requirements: Instructor consent; open only to Business majors of junior or higher status; recommended for Honors students. Recommended preparation: ACCT 3202 or BADM 3202.
Grading Basis: Honors Credit
ACCT 4243. Assurance Services. (3 Credits)
(Also offered as BADM 4243.) Focuses on issues relevant to the public accounting profession, such as legal liability and ethics, audit risk analysis, planning of audit engagements, audit reports, and other assurance services and reports. Students will learn to think critically about issues facing the accounting profession, primarily by analyzing cases and completing a number of individual and group research projects.
Enrollment Requirements: ACCT 3202 or BADM 3202; open only to business majors of junior or higher status.
ACCT 4265. Advanced Volunteer Income Tax Assistance for Reviewers. (1 Credit)
Advanced IRS Certification in Domestic and International Student and Scholar tax returns. Research and analyze current tax issues on an advanced level, with supervisory responsibility, while working in a controlled setting under the supervision of a CPA. Students develop mentoring skills as well as supplement practical accounting and tax skills, while providing a valuable service to our community. Gives students the rare opportunity to gain technical industry experience in an academic environment.
Enrollment Requirements: ACCT 3265 or BADM 3265; open only to Business majors of sophomore or higher status. Not open for credit for students in or who have completed BADM 4265.
ACCT 4881. Internship in Accounting. (1-6 Credits)
Designed to provide students with an opportunity for a supervised internship. Students will work with one or more professionals in their major academic area. Student performance will be evaluated on the basis of an appraisal by the field supervisor and an appropriate summative activity submitted by the student. Students taking this course will be assigned a final grade of S (satisfactory) or U (unsatisfactory).
Enrollment Requirements: ACCT 2101 or BADM 2101; ACCT 3201 or BADM 3201, and at least three credits of 3000-level ACCT courses; consent of instructor and department head; open only to Business majors of junior or higher status.
May be repeated for credit
ACCT 4893. Foreign Study. (1-6 Credits)
Special topics taken in a foreign study program.
Enrollment Requirements: Open only to business majors of junior or higher status.
May be repeated for a total of 6 credits
ACCT 4895. Special Topics. (1-6 Credits)
Classroom course in special topics as announced in advance for each semester. Credit and hours by arrangement.
Enrollment Requirements: Prerequisites and recommended preparation vary by section; open only to business majors of junior or higher status.
May be repeated for credit
ACCT 4899. Independent Study. (1-6 Credits)
Individual study of special topics as mutually arranged between a student and an instructor.
Enrollment Requirements: Open only to business majors of junior or higher status.
May be repeated for credit