ACTG
Accounting
ACTG 101 ACCOUNTING PROCEDURES I ACTG 102 ACCOUNTING PROCEDURES II ACTG 125 QUICKBOOKS ACTG 180 PAYROLL ACCOUNTING ACTG 201 PRINCIPLES OF FINANCIAL ACCOUNTING ACTG 202 PRINCIPLES OF MANAGERIAL ACCOUNTING ACTG 205 COMPUTERIZED ACCOUNTING ACTG 220 SURVEY OF ACCOUNTING ACTG 223 PRINCIPLES OF FINANCIAL ACCOUNTING II ACTG 290R UNDERGRADUATE RESEARCH/CREATIVE ACTIVITY ACTG 291 SPECIAL TOPICS ACTG 292 INDEPENDENT STUDY ACTG 321R ACCOUNTING INFORMATION SYSTEMS I ACTG 327 INTERMEDIATE FINANCIAL ACCT & REPORTING I ACTG 328 INTERMEDIATE FINANCIAL ACCT & REPORTING II ACTG 401 PRINCIPLES OF FEDERAL TAXATION-INDIVIDUALS ACTG 410 COST/MGMT ACCT I ACTG 411 AUDITING I ACTG 415 GOVERNMENT & NONPROFIT ACCOUNTING I ACTG 420 COST/MGMT ACCT II ACTG 421 ACCOUNTING INFORMATION SYSTEMS II ACTG 431 TAX ASSISTANCE ACTG 436 ADVANCED ACCOUNTING ACTG 441 FINANCIAL STATEMENT ANALYSIS ACTG 490R UNDERGRADUATE RESEARCH ACTG 491 SPECIAL TOPICS ACTG 492 INDEPENDENT STUDY ACTG 494 SEMINAR ACTG 498 INTERNSHIP ACTG 514 FRAUD EXAMINATION ACTG 515 PROFESSIONAL SERVICES MANAGEMENT ACTG 521 ADVANCED AUDITING ACTG 524 INTERNATIONAL ACCOUNTING ACTG 525 ACCOUNTING THEORY AND COMPLEX ISSUES IN ACCOUNTING ACTG 526 ADVANCED TAXATION ACTG 527 ESTATE & GIFT TAXATION ACTG 528 LEGAL ISSUES FOR ACCOUNTANTS ACTG 529 RESEARCH IN ACCOUNTING ACTG 530 TAX RESEARCH AND PLANNING ACTG 531 TAX PRACTICUM ACTG 532 GOVERNMENTAL AND NOT-FOR-PROFIT ACCOUNTING II ACTG 536 ADVANCED ACCOUNTING ACTG 575 RESEARCH OR PROFESSIONAL PAPER/PROJECT ACTG 591 SPECIAL TOPICS ACTG 592 INDEPENDENT STUDY ACTG 594 SEMINAR ACTG 589 GRADUATE CONSULTATION ACTG 598 INTERNSHIP
ACTG 101 ACCOUNTING PROCEDURES
I
Department of Workforce Programs
F 3 cr.
-- The complete accounting cycle including creating source documents,
journalizing transactions, posting to ledgers, preparing worksheets
and basic financial statements including the income statement and balance
sheet, end-of-period closing activities, payroll and special journals
for both service and merchandising businesses.
ACTG 102 ACCOUNTING PROCEDURES
II
S 3 cr.
-- This course is a continuation of Accounting Procedures I. Additional
topics covered include notes payable and notes receivable, valuation
of receivables and uncollectible accounts, valuation of inventories,
plant assets and depreciation, partnership accounting, corporate organization,
capital stock, worksheets, taxes, dividends, and corporate bonds, statement
of cash flows, and comparative financial statements.
ACTG 125 QUICKBOOKS
S 3 cr.
-- Studies QuickBooks, an accounting system for small-business owners
and bookkeepers. Topics of this course include creating a company,
setting up company lists, editing a preset chart of accounts, entering
opening balances, entering sales and invoices, receiving payments and
making deposits, handling expenses and bills, working with bank accounts,
analyzing financial data, tracking and paying sales tax, managing inventory,
and preparing payroll.
ACTG 180 PAYROLL ACCOUNTING
F 3 cr.
Department of Workforce Programs
-- Students will become knowledgeable in the payroll records required
to comply with various federal and state laws affecting payroll. The
Federal Fair Labor Standards Act and the Montana Wage/Hour laws are
studied. Students will develop skills in actual payroll preparation.
Activities include computing gross salaries, social security, federal
and state income tax deductions, journalizing payroll transactions,
posting to ledgers and preparation of federal and state payroll tax
returns, and reports.
ACTG 201 PRINCIPLES OF FINANCIAL
ACCOUNTING
F,S,Su 3 cr. LEC 3
PREREQUISITE: M 121 or M Placement Test.
-- An introduction to the principles of financial accounting for students
of all business curricula. Specific topics include key accounting concepts,
accounting transaction recording, financial statement preparation, accounting
systems overview, business entity structures and financial statement
analysis.
ACTG 202 PRINCIPLES OF MANAGERIAL ACCOUNTING
F,S,Su 3 cr. LEC 3
PREREQUISITE: ACTG 201, and BUS 211 as pre- or co-requisite.
-- An introduction to the principles of managerial accounting. Managerial
accounting provides information to managers for use in planning, control,
and decision making. Topics include product costing, cost-volume-profit
analysis, budgeting, variance analysis, and decision analysis tools.
ACTG 205 COMPUTERIZED
ACCOUNTING
S 3 cr.
-- Studies how computers are used in today’s accounting environments
through the use of an integrated accounting software package.
Uses a hands-on approach to complete the accounting cycle for merchandise
or service businesses as well as entries for voucher systems, departmentalized
accounting, financial statement analysis, depreciation, inventory, and
payroll.
ACTG 220 SURVEY OF ACCOUNTING
On Demand 3 cr. LEC 3
-- A survey of the basic accounting model, accounting records, recording
business transactions, preparation and analysis of financial statements,
and elementary income tax issues in a small business environment. This
course is intended for non-business majors and may not substitute for
any required business course.
ACTG 223 PRINCIPLES OF FINANCIAL ACCOUNTING
II
F,S 3 cr. LEC 3
PREREQUISITE: ACTG 201.
-- A continuation of the financial accounting topics introduced in ACTG
201. The course helps students learn how to prepare and analyze financial
statements, and understand the role that accounting plays in business
decisions. Additional topics include: stock and bond investments, cash
flow reporting, and a study of the conceptual framework and process
by which accounting standards are established.
ACTG 290R UNDERGRADUATE RESEARCH/CREATIVE
ACTIVITY
F,S 1-6 cr. IND. May be repeated.
-- Directed undergraduate research which may culminate in a written
work or other creative project. Course will address responsible conduct
of research.
ACTG 291 SPECIAL TOPICS
On Demand 1 - 4 cr. Maximum 12 cr.
PREREQUISITE: None required but some may be determined necessary by
each offering.
-- Courses not required in any curriculum for which there is a particular
one-time need, or given on a trial basis to determine acceptability
and demand before requesting a regular course number.
ACTG 292 INDEPENDENT STUDY
On Demand 1 - 3 cr. IND Maximum 6 cr.
PREREQUISITE: Consent of instructor and approval of Associate Dean.
-- Directed research and study on an individual basis. Not to be used
as a substitute for a required course.
ACTG 321R ACCOUNTING INFORMATION SYSTEMS
I
S 3 cr. LEC 3
PREREQUISITE: ACTG 223 or consent of instructor. For business majors:
Formal admission to the College of Business.
-- A study of how organizations capture, record, store, protect, analyze,
and report accounting information. Topics include business processes,
transaction processing, internal controls, data security, systems documentation,
information technology, and software applications.
ACTG 327 INTERMEDIATE FINANCIAL ACCT
& REPORTING I
F,S 3 cr. LEC 3
PREREQUISITE: ACTG 223 or consent of instructor. For business majors:
Formal admission to the College of Business.
-- An in-depth study of the theory of financial accounting and reporting
and its application to: cash, current and long-term receivables, inventories,
plant assets, natural resources, intangible assets, asset impairments,
current liabilities, long-term debt, and contingencies. Fair value concepts,
present value measurements, and comparisons between US and international
accounting standards will be incorporated.
ACTG 328 INTERMEDIATE FINANCIAL ACCT
& REPORTING II
F,S, 3 cr. LEC 3
PREREQUISITE: ACTG 327. For business majors: Formal admission to the
College of Business.
-- The theory and practice of financial accounting and reporting. A
study of stockholders' equity, dilutive securities, earnings per share,
investments, revenue recognition, deferred income taxes, pensions, leases,
accounting changes, error analysis, the statement of cash flows and
full disclosure in financial accounting.
ACTG 401 PRINCIPLES OF FED TAXATION-INDIVIDUALS
F 3 cr. LEC 3
PREREQUISITE: ACTG 202 or ACTG 223. For business majors: Formal admission
to the College of Business.
-- This course focuses on federal income taxes as applied to individuals
and businesses with emphasis on income and expense recognition, individual
taxation, property transactions, tax research and tax return preparation.
ACTG 410 COST/MGMT ACCT I
F 3 cr. LEC 3
PREREQUISITE: ACTG 327 and ACTG 202. For business majors: Formal admission
to the College of Business.
-- Focus on cost accounting concepts, with emphasis on developing and
evaluating information that management needs to plan, make key decisions,
and monitor business performance. Key topics include cost typology and
behavior and how each impacts decision-making process and product costing,
cost-volume-profit analysis, flexible budgeting, incremental decision
analysis, and performance evaluation.
ACTG 411 AUDITING I
F 3 cr. LEC 3
PREREQUISITE: ACTG 328 or consent of instructor. For business majors:
Formal admission to the College of Business.
-- Practice and theory of auditing financial statements. A study of
most of the major activities performed during the conduct of a financial
statement audit, from client acceptance to issuance of an audit report.
ACTG 415 GOVERNMENT & NONPROFIT
ACCOUNTING I
S 3 cr. LEC 3
PREREQUISITE: ACTG 328. For business majors: Formal admission to the
College of Business.
-- A study of the accounting principles and financial reporting unique
to the governmental and not-for-profit sectors of the U.S. economy.
ACTG 420 COST/MGMT ACCT II
S 3 cr. LEC 3
PREREQUISITE: ACTG 410 For business majors: Formal admission to the
College of Business.
-- Advanced topics in cost/managerial accounting. This course examines
cost and managerial accounting issues from both technical and applied
perspectives. Students will utilize cost accounting and decision analysis
tools to evaluate the impacts of managerial decision making.
ACTG 421 ACCOUNTING INFORMATION SYSTEMS
II
On Demand 3 cr. LEC 3
PREREQUISITE: Junior standing and completion of ACTG 321 or BUS 311.
For business majors: Formal admission to the College of Business.
-- Contemporary issues in information systems. Emphasis on the practical
application of information technology to improve business efficiency
and effectiveness.
ACTG 431 TAX ASSISTANCE
S 1 cr. LAB 1
PREREQUISITE: ACTG 401. For business majors: formal admission to the
College of Business.
-- Development of knowledge and skills needed to prepare federal and
state income tax returns. Preparation of income tax returns for low-income
clients through the Volunteer Income Tax Assistance program.
ACTG 436 ADVANCED ACCOUNTING
On Demand 3 cr. LEC 3
PREREQUISITE: ACTG 328. For business majors: Formal admission to the
College of Business.
-- The theory and practice of financial accounting and reporting pertaining
to business combinations and consolidated financial statements, accounting
for partnerships and related business forms, foreign currency transactions
and financial statement translations, and other advanced accounting
topics.
ACTG 441 FINANCIAL STATEMENT ANALYSIS
F 3 cr. RCT 3
PREREQUISITE: ACTG 327. For business majors: Formal admission to the
College of Business. Cross-listed with FIN 453.
-- Analysis with emphasis on how managers' investing and financing decisions
have financial statement implications. Coverage includes: revenue-recognition
methods, cash flow analysis, ratios, inventory analysis, capitalizing
vs. expensing, depreciation, leasing vs. buying, and overall financial
health and earnings quality of the firm.
ACTG 490R UNDERGRADUATE RESEARCH
F,S,Su 1 - 6 cr. IND May be repeated. Max 12 cr.
-- Directed undergraduate research which may culminate in a research
paper, journal article, or undergraduate thesis. Course will address
responsible conduct of research.
ACTG 491 SPECIAL TOPICS
On Demand 1 - 4 cr. Maximum 12 cr.
PREREQUISITE: Course prerequisites as determined for each offering.
For business majors: Formal admission to the College of Business.
-- Courses not required in any curriculum for which there is a particular
one time need, or given on a trial basis to determine acceptability
and demand before requesting a regular course number.
ACTG 492 INDEPENDENT STUDY
On Demand 1-6 cr. IND May be repeated. Max 12 cr.
PREREQUISITE: For business majors: Formal admission to the College of
Business.
-- Directed undergraduate research/creative activity which may culminate
in a research paper, journal article, or undergraduate thesis. Not to
be used as a substitute for a required course.
ACTG 494 SEMINAR
On Demand 1 cr. SEM 1 Maximum 4 cr.
PREREQUISITE: Junior standing and as determined for each offering. For
business majors: Formal admission to the College of Business.
-- Topics offered at the upper division level that are not covered in
regular courses. Students participate in preparing and presenting discussion
material.
ACTG 498 INTERNSHIP
On Demand 2 - 12 cr. IND Maximum 12 cr.
PREREQUISITE: Formal admission to the College of Business and consent
of the instructor.
-- An individualized assignment arranged with an agency, business or
other organization to provide guided experience in the field.
ACTG 514 FRAUD EXAMINATION
On demand 3 cr. LEC 3
PREREQUISITE: ACTG 411 and admission to MPAc Program or consent of instructor.
-- An overview of fraud examination, including the extent and nature
of fraud, motivations of perpetrators, fraud symptoms, legal issues,
as well as methods of detection, investigation, and prevention of various
asset misappropriation schemes and fraudulent financial statements.
ACTG 515 PROFESSIONAL SERVICES MANAGEMENT
On demand 3 cr. LEC 3
PREREQUISITE: Admission to the MPAc program or consent of instructor.
-- This course is designed to expose students to the internal operations
and client management efforts of professional services organizations
and providers, with a particular focus on accounting firms. Topics include
managing service relationships, service firm structure and the service-profit
chain.
ACTG 521 ADVANCED AUDITING
S 3 cr. LEC 3
PREREQUISITE: ACTG 411 and admission to MPAc Program.
-- An in-depth analysis of contemporary auditing and assurance theory,
statistical sampling, internal control, and audit evidence.
ACTG 524 INTERNATIONAL ACCOUNTING
On Demand 3 cr. LEC 3
PREREQUISITE: ACTG 328 and admission to MPAc Program.
-- This course introduces students to international accounting with
special emphasis on four major topics: 1) accounting systems as expressions
of cultural, political, and ideological forces, 2) comparative international
accounting patterns, 3) efforts to harmonize international accounting
standards world wide, and 4) accounting issues faced by multinational
corporations.
ACTG 525 ACCOUNTING THEORY AND COMPLEX
ISSUES IN ACCOUNTING
F 3 cr. LEC 3
PREREQUISITE: ACTG 328 and Admission to MPAc Program.
-- A study of complex financial accounting issues and the underlying
theoretical rationale. Key topics include derivative financial instruments,
hedge accounting, elements of the other comprehensive income, sale-leaseback
transactions, consignment accounting, and troubled debt restructuring.
ACTG 526 ADVANCED TAXATION
S 3 cr. LEC 3
PREREQUISITE: ACTG 401 and admission to MPAc Program or consent of instructor.
-- Students develop knowledge of how tax laws affect partnerships, corporations,
and other business entities. In addition, the tax laws applicable to
not-for-profit entities, estates, trusts and multi-jurisdictional issues
are explored. Tax reporting, tax planning, and tax research skills are
emphasized.
ACTG 527 ESTATE & GIFT TAXATION
On Demand 3 cr. 3 LEC
PREREQUISITE: ACTG 401 and admission to MPAc Program or consent of instructor.
-- Study of the federal tax law and incidental property and probate
law as it relates to the taxation of gifts and estates. Emphasis is
placed upon planning techniques for minimizing estate and gift taxes
and providing liquidity for their payment.
ACTG 528 LEGAL ISSUES FOR ACCOUNTANTS
S 3 cr. LEC 3
PREREQUISITE: BUS 361 or equivalent and admission to MPAc Program.
-- Analysis of legal issues for accounting students, including debtor/creditor
law, bankruptcy, securities regulation, antitrust, employment regulation,
uniform commercial code and real property. Course includes significant
written work and oral presentations.
ACTG 529 RESEARCH IN ACCOUNTING
F 3 cr. LEC 3
PREREQUISITE: ACTG 328 and admission to MPAc Program.
-- A project-oriented seminar that focuses on developing tools for researching,
developing and communicating defensible solutions to accounting issues
and problems of the type likely to be encountered throughout a professional
career in accounting.
ACTG 530 TAX RESEARCH AND PLANNING
F 3 cr. LEC 3
PREREQUISITE: ACTG 401 and admission to MPAc program or consent of instructor.
-- Study and application of research methodologies related to tax compliance
and tax planning work commonly performed by accountants .
ACTG 531 TAX PRACTICUM
S 3 cr. LEC 3
PREREQUISITE: ACTG 401 and concurrent enrollment in ACTG 526 or consent
of instructor.
-- This course emphasizes how the broad principles of taxation affect
individuals, corporations, partnerships, S-corporations, estates, and
trusts. Students apply their knowledge by assisting low income individuals
with their tax returns as part of the Volunteer Income Tax Assistance
Program.
ACTG 532 GOVERNMENT AND NONPROFIT ACCOUNTING
II
On Demand 3 cr. LEC 3.
PREREQUISITE: ACTG 415 and admission to MPAc Program or consent of instructor.
-- An in-depth study of the uniquely different characteristics of accounting
and financial reporting for the governmental and not-for-profit sectors
of the U.S. economy.
ACTG 536 ADVANCED ACCOUNTING
F 3 cr. LEC 3.
PREREQUISITE: ACTG 328 and admission to MPAc Program or consent of instructor.
-- The theory and practice of financial accounting and reporting pertaining
to business combinations and consolidated financial statements, accounting
for partnerships and related business forms, foreign currency transactions
and financial statement translations, and other advanced accounting
topics.
ACTG 575 RESEARCH OR PROFESSIONAL PAPER/PROJECT
On Demand 1 - 4 cr. IND
PREREQUISITE: Graduate standing.
-- A research or professional paper or project dealing with a topic
in the field. The topic must have been mutually agreed upon by the student
and his or her major advisor and graduate committee.
ACTG 589 GRADUATE CONSULTATION
F, S, Su 1-3 cr. IND
PREREQUISITE: Master's standing and approval of the Dean of Graduate
Studies.
-- This course may be used only by students who have completed all of
their course work (and Thesis if on a Thesis Plan) but who need additional
faculty or staff time or help.
ACTG 591 SPECIAL TOPICS
On Demand 1 - 4 cr.
PREREQUISITE: Upper division courses and others as determined for each
offering.
-- Courses not required in any curriculum for which there is a particular
one time need, or given on a trial basis to determine acceptability
and demand before requesting a regular course number.
ACTG 592 INDEPENDENT STUDY
On Demand 1-3 cr. IND Maximum 6 cr.
PREREQUISITE: Graduate standing, consent of instructor, approval of
Associate Dean and Dean of Graduate Studies.
-- Directed research and study on an individual basis.
ACTG 594 SEMINAR
On demand 1 cr. SEM 1
PREREQUISITE: Admission to the MPAc program.
-- Topics offered at the graduate level that are not covered in regular
graduate courses. Students participate in preparing and presenting discussion
material.
ACTG 598 INTERNSHIP
On Demand 1-3 cr. IND
PREREQUISITE: Graduate standing and consent of instructor.
-- An individualized assignment arranged with an agency, business or
other organization to provide guided experience in the field.
