2021–2022 CATALOG AND STUDENT HANDBOOK COURSE DESCRIPTIONS ACG1022 Financial Accounting I 40 hours, 4 credits This course defines accounting objectives and their relation to business. Students will be taught the fundamental principles of bookkeeping. The trial balance, working papers, financial statements, and completing an accounting cycle are introduced. The course will emphasize valuing assets; including property, plant and equipment, inventory, and accounts receivable; and will address the classification of accounts, notes, payroll liabilities, and monthly adjustments. Prerequisite: None ACG1033 Financial Accounting II 40 hours, 4 credits This course is a further continuation of Financial Accounting I and will stress financial statement analysis for partnerships and corporations. It will also emphasize corporate accounting, corporate issuing and investing in debt and equity securities, financial and cash-flow analysis, and decision-making. The course will include manufacturing accounting methods used for budgeting and forecasting. Prerequisite: Financial Accounting I ACG2062C Computer Focused Principles 40 hours, 3 credits This course is designed to teach students to accomplish common accounting functions through the use of the computer. Students will learn to maintain accounting records on a computer, input and process information and produce standard accounting reports. This course covers common accounting functions such as maintaining accounts receivable, accounts payable, and general ledgers. Prerequisite: ACG1022 Financial Accounting I, or ACG2209 Principles of Financial Accounting for Managers ACG2209 Principles of Financial Accounting for Managers 40 hours, 4 credits This course introduces financial and managerial accounting concepts as they relate to decision making by business managers. A comprehensive study of the financial statements, internal controls, and cost-volume profit analysis is the focus of this course. Students will also prepare a master budget with individual budget components for a company. Prerequisite: None ACG2680 Financial Investigation 40 hours, 4 credits This course introduces students to the field of fraud examination, including how fraud occurs and is detected within financial statements as well as strategies for prevention. Students will analyze common motivations that lead to fraudulent financial reporting. This course will also discuss corporate ethics and laws related to financial reporting. Prerequisite: Financial Accounting II ACG2930 Accounting Capstone 20 hours, 2 credits This course will be a synthesis of the accounting, business, and General Education courses offered in the Accounting Associate’s Degree program. A study of emerging issues and timely topics in financial accounting, professional ethics, and transferable skills necessary for the success of an accounting graduate, and accounting careers will be discussed. This course focuses on research, case analysis, and interpersonal communication and class presentations. Prerequisite: Expected to be the final lower-level core course completed ACG3080 Managerial Accounting Theory and Practice 40 hours, 4 credits This course provides a survey of the theory and application of managerial accounting principles. Topics include cost behaviors, production cost methods, data processing, economic analysis, budgeting, and management and financial control. Prerequisite in the Accounting Bachelor’s Degree: None Prerequisite in the Finance Bachelor’s Degree: ACG2209 Principles of Financial Accounting for Managers; CTS2511 Excel ACG3085 Advanced Auditing Concepts and Standards 40 hours, 4 credits This course includes a study of auditing standards and procedures and an integration of professional ethics within the accounting discipline. Emphasis is placed on analytical thinking, evaluation of business risks, and internal control practices and a thorough study of Sarbanes-Oxley and other relevant laws and regulations as they relate to publicly traded companies. Prerequisite: None ACG3205 Risk Management for Accountants 40 hours, 4 credits This course will cover topics such as culture and appetite, risk categorization, risk strategy, risk evaluation, enterprise risk management, audit functions, treatment, reporting, and decision- making. Prerequisites: Advanced Auditing Concepts and Standards; Managerial Accounting Theory and Practice ACG3246 Intermediate Financial Accounting I 40 hours, 4 credits This course provides an overview of the conceptual accounting framework and accounting principles. Topics include applying accounting elements that impact the financial reporting of revenue, expenses, current assets, long-term assets, intangible assets, and other assets. Students will learn how to prepare and present complex components of the income statement and balance sheet. Additionally, students will gain knowledge of generally accepted accounting principles to prepare financial reporting information that impacts internal and external stakeholders. Prerequisites: ACG1033 Financial Accounting II ACG3256 Intermediate Financial Accounting II 40 hours, 4 credits This course focuses on presenting the liability and equity financial reporting elements found on the balance sheet. This course also explores recent accounting guidance related to revenue and expense recognition, liability presentation on the balance sheet, and the preparation of the statement of cash flows. Students will also have opportunities to apply the concepts of financial accounting and reporting standards by constructing financial statements such as the income statement, balance sheet, and statement of cash flows. Prerequisite: (Suggested, not required) Intermediate Financial Accounting I ACG3357 Accounting for Business Managers 40 hours, 4 credits This course provides a review of accounting objectives and their relation to business, as well as a survey of the theory and application of managerial accounting principles. Topics include cost behaviors, production cost methods, data processing, economic analysis, budgeting, and management and financial control. Prerequisite: None ACG3481 Cost Accounting 40 hours, 4 credits This course provides a survey of the theory and application of cost-accounting principles. Topics include how to identify, measure, and accumulate direct and indirect costs; how to apply manufacturing overhead; introduction to job costing systems; budgeting; cost-volume profit relationships; and relevant costs. Prerequisite: None ACG4402 Accounting Information Systems 40 hours, 4 credits An advanced course that further develops an understanding of the elements, relationships, and issues associated with manual and computerized accounting information systems. Practical application using spreadsheets, databases, and general ledger software. Prerequisite: None ACG4619 Corporate and International Accounting 40 hours, 4 credits Corporate and International Accounting builds on intermediate financial reporting concepts and explores advanced financial principles, processes, and procedures related to interim and segment reporting, leases, and taxes. The development and challenges concerning international accounting standards are also studied. Further, this course focuses on mergers and acquisitions and foreign currency translations as they relate to corporate reporting and financial decision-making. Prerequisites: Intermediate Financial Accounting I; Intermediate Financial Accounting II ACG4724 Career Planning for Professionals 30 hours, 3 credits This course is the study of career planning for professionals. It places focus on planning for your career after your degree. Topics covered will be interviewing, setting career goals and objectives, options for professional certification, and continuing education. This course will prepare students for choosing what path is best for them to take after graduation and how to navigate that path. Prerequisite: None ACG4880 Accounting Internship 70 hours, 3 credits Students will complete an internship within an Accounting/Finance discipline with their current employer or a Rasmussen corporate/business partner. The University will guide students in the process of finding an appropriate employer and internship opportunity. The internship will integrate prior coursework into a comprehensive understanding of the Accounting discipline and provide students with hands-on learning opportunities and professional experience. During the internship, the student will shadow an employer mentor, complete a project(s), and complete academic assignments including reflective papers based on the internship and the student’s experience. Prerequisite: Expected to be the final upper-level core course completed ALL CONTENT IS SUBJECT TO CHANGE BY ADDENDUM 91 ACG4885 Bachelor’s Accounting Capstone 30 hours, 3 credits This course will be a synthesis of the accounting, business, and General Education courses offered in the Accounting BS Degree program. A study of emerging issues and timely topics in financial accounting, professional ethics, and transferable skills necessary for the success of an accounting graduate. This course focuses on research, case analysis, interpersonal communication, and class presentation. Prerequisite: Expected to be the final upper-level core course completed ACG5500 Accounting for Business Analysis 40 hours, 4 credits This course provides an overview of accounting and financial statements used in the decision- making process. Students will interpret various accounting and financial statements to analyze an organization’s financial performance and develop investment forecasts. This course equips students with accounting and financial strategies to evaluate how decisions impact the financial position of the organization. Prerequisite: None ADV3100C Brand Development 60 hours, 4 credits In this course, students will explore the practical and emotional connections to a brand in regard to the overall communication strategy. Students will develop strategies to connect the identity or experience of a product or service to a target market, from the design of visual elements to shaping the customer experience. Students will also examine various methods of tracking and evaluating brand effectiveness. Prerequisite:GRA3200C Communicating with Typography AMH2030 United States History: 1900 to the Present 40 hours, 4 credits This course provides an overview of the history of the United States from the 20th century to the present day. The political, social, and economic aspects of this time will be explored amid a variety of human cultures, values, and perspectives within the United States. Prerequisite: None AMH3304 Visions of America Since 1945 40 hours, 4 credits Since the end of World War II, popular culture has become an especially significant aspect of American history and an important element in many of our lives. Consequently, this course will explore the ways in which popular culture has represented and mediated conflicts and tensions post-World War II. Through this lens, issues of gender and family relationships, as well as class and racial politics, will be discussed. The dual role of television as a reflective and manipulative force in the new suburban family and the role Hollywood films played in the popular culture will be examined. Prerequisite: None
