Accounting at Aquinas College

Accounting Courses

AG100 Financial Activities for Nonprofits (3) SS1

An introduction to financial information needed by decision makers for non-profit organizations. Includes an overview of financial reporting, managerial accounting and finance. Specific topics include financial statements, budgeting, strategies for revenue generation, relevant costs, time value of money and cash management.

AG104 Funny Money (3) SS1

An introduction to financial information used in investing decisions. Specific topics include the role of money, basic accounting processes and procedures, financial reporting, ethics in financial reporting, time value of money, and financial ratio analysis.

AG210 Principles of Accounting I (4) SS1

Introduction to financial accounting and its application to the reporting needs of organizations. Topics include basic accounting processes and procedures, financial statement preparation and analysis, internal control, and the recognition and measurement of accounts included in financial reports. Recommended: MS 114

AG211 Principles of Accounting II (4) SS1

An introduction to managerial accounting concepts and the use of accounting information for planning, control and decision-making. Topics include costing of products and services, cost-volume-profit analysis, budgeting, performance evaluation, and costs relevant to decision-making. Prerequisite: AG210.

AG304 Intermediate Accounting I (4) SS1

A continuation of the study of financial accounting theory and practice. Topics include the development of accounting standards, conceptual framework of accounting, financial statement presentation, and the recognition and measurement of assets. Prerequisite: AG211.

AG305 Intermediate Accounting II (4) SS1

A continuation of AG304. Topics include long-term investments, liabilities, stockholders’ equity, earnings per share, leases, taxes, and the statement of cash flows. Prerequisite: AG304.

AG310 Special Topics in Accounting (3) SS1

Variable topics in accounting. Offered on an occasional basis. Prerequisite: Varies with course offering.

AG315 Cost Accounting (3) SS1

Topics include cost definitions, product and service costing, activity-based costing, standard costs, flexible budgeting, planning and controlling costs, and other related topics. Prerequisites: AG211 and Excel proficiency.

AG320 Accounting Communication and Professional Development (3) SS1, WI

Focuses on the development of research, writing, presentation, and communication skills necessary to be effective in an accounting career. It explores the accounting profession and develops students’ abilities to navigate various accounting career paths. Prerequisite: AG211.

AG330 Accounting Systems (3) SS1

Reviews the design, implementation, and monitoring of information systems. Emphasis is placed on internal controls in the system. Prerequisite: AG304

AG336/BS336 Tax Law I (3) SS1

Covers the basic concepts of federal income taxation applicable to individual taxpayers, including realization and recognition of income, deductions and credits. Prerequisite: AG211.

AG337/BS337 Tax Law II (3) SS1

Continued study of the basic concepts and principles of federal income taxation applicable to partnerships and corporations. Topics covered include partnerships, S corporations, regular corporations, LLCs, LLPs, gift tax and estate tax. Prerequisite: AG/BS336.

AG340 Forensic Accounting (3) SS1

Introduces basic principles of forensic accounting and analysis of financial evidence. Emphasis on evidence, evaluation of systems and fraud detection. Topics include ethics, investigation, legal professional privilege, forensic evidence, and elements of fraud-related offenses. Prerequisite: AG211

AG390 Accounting for Nonprofits (3) SS1

Provides an introduction to accounting rules for state and local governmental units, hospitals, colleges and universities, and other nonprofit organizations. Prerequisite: AG304

AG397 Field Experience (Variable) SS1

Up to twelve (12) semester hours of accounting internship or cooperative experience. Prerequisite: Approval of the department chairperson. Pass/Fail.

AG399 Independent Project (Variable) SS1

SS1 An individually negotiated project of a defined nature established by contract between the instructor and student. Contract filed with the Registrar. Prerequisite: Approval of the department chairperson.

AG405 Auditing (3) SS1

Introduces auditing theory and current procedures and practices. Includes a review of the ethical and professional standards required of the CPA. Other topics include the audit environment, the audit process and the audit report. Prerequisites: AG305 and AG315.

AG405L - Auditing Technology (1) SS1

Introduces auditing software widely used by CPA firms, industry and governments. Course should be taken in conjunction with AG405. Prerequisites: AG305 and AG315.

AG410 Advanced Accounting (4) SS1

A review of complex accounting areas including, but not limited to, business combinations and consolidations, partnership accounting, and international accounting. Prerequisite: AG305.

AG450 CPA Review (Variable) SS1

An organized review of auditing and attestation, financial accounting and reporting, regulation, and business environment and concepts in preparation for the CPA Examination. Some emphasis on developing exam-taking skills. Prerequisite: AG405 or AG410.

AG453 Cases in Accounting (3) SS1, SC

Accounting capstone course in which students are evaluated on their ability to identify and analyze organizational problems of a financial nature and recommend solutions. Prerequisites: AG405 and senior status.