Accounting Courses

Financial Services Courses

Accounting Courses

  • ACC 112 Accounting for Decision Making I

    An introduction to business through the lens of financial and managerial accounting—an information processing system that communicates relevant data regarding business entities to internal and external decision makers. Emphasizes the basic concepts, principles, and techniques for decision makers to interpret and use accounting system information within all functional areas of business and the use of information systems generally within organizations. Offered each semester.

  • ACC 212 Accounting for Decision Making II

    Continuation of an introduction to business through the lens of financial and managerial accounting—an information processing system that communicates relevant data regarding business entities to internal and external decision makers. Emphasizes the basic concepts, principles, and techniques for decision makers to interpret and use accounting system information within all functional area of business, and the use of information systems generally within organizations.Prerequisite: AD112. Offered each semester.

  • ACC 218 Accounting Information Systems

    An introduction to the design, development, and implementation of manual and computer-based accounting information systems, with an internal control emphasis. Prerequisite: AD112. Offered each spring.

  • ACC 270 Special Topics in Accounting

    Courses treating specialized topics in accounting, business, or financial services. Two or more may be taken concurrently or repeated for credit if the topic matter is different. Offered occasionally.

  • ACC 315 Tax Accounting

    Individual tax procedures and an introduction to corporation and partnership taxation. Prerequisite: AD212. Offered each fall.

  • ACC 316 Accounting and Auditing Concepts and Theory

    The presentation of the traditional framework of financial accounting, including such topics as principles of revenue recognition and asset valuation; surveys the role of audits in market economies, including such topics as legal liability and materiality; contrasts the uses of financial and internal accounting, discussing such topics as the use of current cost information and the analysis of the overall value-chain. Prerequisite: AD 212 and concurrent enrollment in AD319. Offered each fall.

  • ACC 318 Accounting and Auditing Processes (W)

    The presentation of a number of systems and auditing topics, structured primarily around transaction cycles; offers an over-view of information systems from an accounting perspective and covers such auditing subjects as internal controls and statistical sampling. Prerequisite: AD316.Offered each spring.

  • ACC 319 Cost Management

    The course emphasizes the role of cost information in assisting managers in designing and implementing firms' strategic plans; adopts a decision-oriented approach to such cost topics as budgeting, variances, controls, and cost allocations. Prerequisite: ACC 211 and concurrent enrollment in ACC 316. Offered each fall.

  • ACC 360 Travel Seminar

    A travel course designed to increase students' awareness and familiarity with the business practices, culture, politics, and values of different countries around the world. Students meet with business executives, educators, government officials, and visit various business organizations and cultural sites. Prerequisite: consent of instructor. Travel Seminars over the last ten years have gone to Argentina, Australia, Austria, Brazil, China, Estonia, France, Germany, Hong Kong, Hungary, India, Indonesia, Korea, Lithuania, Malaysia, New Zealand, Poland, Romania, Russia, Thailand, United Kingdom and Vietnam. Offered each May Term.

  • ACC 370 Special Topics

    Courses treating specialized topics in accounting, business, or financial services at an advanced level. Two or more may be taken concurrently or repeated for credit if the topic matter is different. Prerequisite will depend on topic. Offered occasionally.

  • ACC 395 Internship in Teaching

    Intensive experience in assisting with the instruction of a specific course in business or economics. Assignments include researching, organizing, preparing, and delivering a small number of lectures in that class. Prerequisites: major in Accounting, Business Administration, International Business, Economics, or Financial Services; completion of 22 or more course units; minimum of 3.25 GPA in major; consent of department head. Offered each semester and May Term.

  • ACC 397 Internship in Industry

    Not more than one course unit may be counted toward graduation requirements. May not be counted as general education credit or for the major or minor. Credit/No Credit. Registration must be completed prior to the beginning of the internship. Prerequisites: Career Education 300Y, or consent of department head, junior or senior standing and consent of the instructor, minimum of six business or economics courses. Offered each semester and May Term.

  • ACC 416 Advanced Accounting

    Accounting theory applicable to consolidations, partnership organization and operation, liquidation and joint ventures.
    Prerequisite: AD317. Offered each spring.

  • ACC 417 Accounting Theory and Practice I

    Intensive study of a range of topics including but not limited to governmental, non-profit and fund accounting, corporate taxation, capital budgeting, and stock warrants and rights. Prerequisites: AD 315, 317, 318, 319, 356. Corequisite: AD 418. Offered each spring.

  • ACC 418 Accounting Theory and Practice II

    Advanced study of a range of topics, including, but not limited to, professional and ethical responsibilities of accountants; law of trusts, wills, and estates; and auditing problems. Prerequisites: AD 315, 317, 318, 319,356. Corequisite: AD 417. Offered each spring.

  • ACC 455 Independent Study

    Individual study directed toward a specific topic. Prerequisite: consent of department chair. Offered each semester and May Term.

Financial Services Courses

  • FIS 200 Introduction to Risk Management and Insurance

    Exploration of behavior under uncertainty. Overview of personal and corporate exposure to risk. Examination of tools used to manage risk. Investigation of current topics in Risk Management and Insurance. Offered each semester.

  • FIS 270 Special Topics

    Courses treating specialized topics in accounting business, or risk management. Two or more may be taken concurrently or repeated for credit if the topic matter is different. Offered occasionally. Note: Successful completion of all foundation course requirements or consent of department chair is a prerequisite to all 300-400 level AD and I courses unless the student is minoring in a business field or is required to take one of these courses in a major outside the department.

  • FIS 300 Seminar in Finance

    In-depth study of selected topics in finance. Topics vary according to student and faculty interests. May be repeated for credit if the topic matter is different. Prerequisite: AD 303. Offered annually.

  • FIS 303 Financial Management

    Nature and functions of finance, financial management, and relevant markets and institutions. Topics include financial analysis, time value of money,valuation, capital structure, and international issues. Offered each semester.

  • FIS 304 Risk Management and Property/Liability Insurance Seminar

    In-depth study of managing organizations’ and individuals’ exposure to property damage and legal liability. Analysis of issues in social and financial policy related to risk management and insurance, especially issues of government regulation. Prerequisite: I200. Offered annually.

  • FIS 307 Life/Health/Social Insurance

    Examination of public and private provision of protection against life span and health uncertainty. Focus on contemporary public policy issues, including health care reform and Social Security. Prerequisite: I200. Offered annually.

  • FIS 309 Investments

    Principles of security analysis, valuation, and formulation of investment policy. Includes study of stocks, bonds, futures, options, mutual funds, and portfolio management.Open to juniors and seniors only. Prerequisite: AD303. Offered each semester.

  • FIS 360 Travel Seminar

    A travel course designed to increase students' awareness and familiarity with the business practices, culture, politics, and values of different countries around the world. Students meet with business executives, educators, government officials, and visit various business organizations and cultural sites. Prerequisite: consent of instructor. Travel Seminars over the last ten years have gone to Argentina, Australia, Austria, Brazil, China, Estonia, France, Germany, Hong Kong, Hungary, India, Indonesia, Korea, Lithuania, Malaysia, New Zealand, Poland, Romania, Russia, Thailand, United Kingdom and Vietnam. Offered each May Term.

  • FIS 370 Special Topics

    Courses treating specialized topics in accounting, business, or financial services at an advanced level. Two or more may be taken concurrently or repeated for credit if the topic matter is different. Prerequisite will depend on topic. Offered occasionally.

  • FIS 395 Internship in Teaching

    Intensive experience in assisting with the instruction of a specific course in business or economics. Assignments include researching, organizing, preparing, and delivering a small number of lectures in that class. Prerequisites: major in Accounting, Business Administration, International Business, Economics, or Financial Services; completion of 22 or more course units; minimum of 3.25 GPA in major; consent of department head. Offered each semester and May Term.

  • FIS 397 Internship in Industry

    Not more than one course unit may be counted toward graduation requirements. May not be counted as general education credit or for the major or minor. Credit/No Credit. Registration must be completed prior to the beginning of the internship. Prerequisites: Career Education 300Y, or consent of department head, junior or senior standing and consent of the instructor, minimum of six business or economics courses. Offered each semester and May Term.

  • FIS 408 Seminar in Risk Management and Insurance

    In-depth analysis of advanced topics in risk management and insurance. Topics and assignments vary, with emphasis on current problems of national and international significance. Prerequisite: I304 or I307. Offered annually.

  • FIS 409 Portfolio Management

    Advanced study of investment research, security analysis, and portfolio performance analysis. Students manage a “real dollar” portfolio, proceeds from which are used to provide scholarships for IWU students. Prerequisites: I309 or AD303 and consent of instructor. Offered each semester.
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  • FIS 455 Independent Study

    Individual study directed toward a specific topic. Prerequisite: consent of department chair. Offered each semester and May Term.