Business Accounting (BA)

BA-513   Financial AccountingCredits: 1.5   

Term Offered: All Terms

Course Type(s): None

This foundational course will address the basics of financial accounting, including the accounting cycle, from the analysis and recording of transactions to the compilation of the four basic financial statements, and introduce additional accounting procedures related to valuation of inventory and long term assets and other financial statement topics.

BA-514   Managerial AccountingCredits: 1.5   

Term Offered: All Terms

Course Type(s): None

This foundation course will equip students with a basic knowledge and understanding of managerial accounting theories and practices for management use. Topics covered include cost classification, the basics of product costing (job and activity-based), decisions based on cost-volume-profit (CVP) analysis, budgeting and performance evaluation.

BA-588   Internship in AccountingCredits: 1-3   

Term Offered: All Terms

Course Type(s): None

Provides the opportunity for MBA accounting track (and/or accounting concentration) students to apply classroom theory in practice through actual work experience in the accounting field. The course cannot be counted toward the MBA track or concentration requirements, but is recommended for those who do not have experience in the accounting profession. Students may take this course a maximum of two times (or a maximum of 6 credits). A minimum G.P.A. of 3.00 is required to take this course.

BA-598   Special Topics in AccountingCredits: 3   

Term Offered: Spring Term

Course Type(s): None

The subject matter of this course varies according to the interest of the students and the professor teaching the course. The exact nature of the topic covered is indicated in the student's permanent record. If a prerequisite is required it will be announced in the course schedule.

BA-599   Business ResearchCredits: 3   

Course Type(s): None

Independent research in business administration in an area not substantially treated in a regular course offering, under the supervision of a Business Administration faculty member; written evaluation of the research required. Student must be within nine credits of graduation. Prior permission of the directing professor and department chair is required to take this course.

BA-610   Accounting for ManagersCredits: 3   

Prerequisite(s): BA-513 and BA-514

Term Offered: All Terms

Course Type(s): None

Accounting is the language of business. Managers are expected to have a minimum level of accounting and financial management skills that transcends all business disciplines. This course provides a foundation in financial planning, performance, control and financial decision making. It aims to develop students' ability for comprehension, application, analysis, synthesis and evaluation of the concepts, terminology, measures, systems and techniques used in corporate management accounting, as well as professional ethics, which are of critical importance in today's highly competitive business environment.

BA-632   Business Income TaxCredits: 3   

Term Offered: Fall Term

Course Type(s): None

This is the only graduate level income tax course currently offered at Monmouth. Our undergraduate version of this course covers two semesters. This course will emphasize tax research and planning for individuals. The purpose is to introduce graduate accounting students to a broad range of income tax topics. Because of the complexity and breadth of coverage, many topics will not be covered in great depth.

BA-634   Selected Topics in Financial AccountingCredits: 3   

Prerequisite(s): BA-513

Term Offered: Fall Term

Course Type(s): None

This capstone course provides an intensive examination of accounting concepts and principles pertaining to the understanding of accounting cycle and preparation of major financial statements. It covers the accounting treatment of major classes of assets, liabilities and equities and related income accounts. This course is specifically structured to cover the fundamental issues traditionally taught in two intermediate accounting courses at the undergraduate level for graduate students without sufficient accounting background. It lays a sound foundation for students to pursue more advanced financial accounting practice and theory issues in contemporary context.

BA-636   Advanced Accounting TopicsCredits: 3   

Prerequisite(s): BA-634

Term Offered: Spring Term

Course Type(s): None

This course in financial accounting has been developed to provide advanced knowledge and skills in various specialized and complex areas. It presupposes an extensive background in basic accounting theory. This course presents the specialized topics of business investments and combinations and consolidations, and an introduction to governmental and not-for-profit accounting. Relevant United States Generally Accepted Accounting Principles and United States Governmental Accounting Standards Board pronouncements will be considered. In addition, other topics relevant to the understanding of the current business and accounting environment (segment and interim reporting, foreign exchange transactions and partnerships, estates, trusts will be addressed).

BA-638   Auditing Practices and CasesCredits: 3   

Term Offered: Spring Term

Course Type(s): None

Introduces the students to the auditing standards and procedures associated with the examination of financial statements. Successful completion of this course should enable students to understand the role and methods of the independent auditor and the legal and ethical environment within which the auditor functions.

BA-640   Advanced Topics in Financial Statement Analysis and ValuationCredits: 3   

Prerequisite(s): BA-610 and BF-612

Course Type(s): None

This course is designed to prepare students to interpret and analyze financial statements for tasks such as credit and security analyses, lending and investment decisions, and other decisions that rely on financial data. This course explores in greater depth financial reporting from the perspective of financial statement users. In addition, this course helps students understand some important and challenging accounting topics, such as cash flow analysis, pension analysis, lease analysis, accounting changes, financial instruments as liabilities and equity, etc.

BA-641   Advanced Accounting Information SystemsCredits: 3   

Course Type(s): None

This course introduces the graduate Accounting student to how accounting systems are implemented in today's computer-intensive environment. The course also covers methods for developing and documenting Accounting Information Systems (AIS) and how to evaluate controls in these systems.

BA-642   Financial Accounting Review and Case StudyCredits: 3   

Prerequisite(s): BA-610

Course Type(s): None

This course demands students to research, analyze, and communicate topics in accounting. Through the practice questions and case study, students will review the previous accounting courses and will learn about accounting research. Developing presentation skills is also a large component of the course.

BA-645   Tax ResearchCredits: 3   

Term Offered: Spring Term

Course Type(s): None

This course is designed to prepare students to research tax questions. All applicable sources of federal tax law will be used to formulate conclusions and professional recommendations.

BA-699   Business Research in AccountingCredits: 1-3   

Course Type(s): None

Independent research in business administration in an area not substantially treated in a regular course offering, under the supervision of a Business Administration faculty member; written evaluation of the research required. Student must be within nine credits of graduation. Prior permission of the directing professor and department chair is required to take this course.