rasmussen.edu | 888-5-RASMUSSEN COURSE DESCRIPTIONS 96 ACG1022 Financial Accounting I 40 hours, 4 credits This course introduces accounting concepts and their business relationships. The accounting cycle is covered, focusing on general journal transactions and financial statements for service and merchandising businesses. Other topics covered include inventory valuation methods, bank reconciliation, and internal control concepts. Prerequisite: None ACG1033 Financial Accounting II 40 hours, 4 credits Financial Accounting II will expand on the concepts in Financial Accounting I. The corporate accounting concepts covered include treatment of fixed assets and receivables, issuing and investing in debt and equity securities, financial and cash flow analysis, and decision making. The course emphasizes financial statement analysis for corporations. Prerequisite: ACG1022 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: ACG1033 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. Accounting Bachelor’s Degree Prerequisite: None Finance Bachelor’s Degree Prerequisites: 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, 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: ACG3080 Managerial Accounting Theory and Practice; ACG3085 Advanced Auditing Concepts and Standards 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. Prerequisite: 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: ACG3246 Intermediate Financial Accounting I (suggested, not required) 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 introduces cost concepts and behaviors, including cost analysis for decision making and fundamentals of cost management. Other topics covered include the study of manufacturing cost accounts and reports, job order costing, and processing costing. 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: ACG3246 Intermediate Financial Accounting I; ACG3256 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 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 ALL CONTENT IS SUBJECT TO CHANGE BY ADDENDUM
