Skip Navigation
search: People Opens New Window | Departments Opens New Window | Penn State Opens New Window | Web Opens New Window
Penn State mark
Penn State mark
University Bulletin
Undergraduate Degree Programs

These course descriptions are not being updated as of August 1, 2016. Current course descriptions are maintained in LionPATH.

Accounting (ACCTG)

ACCTG 151 Introductory Financial Accounting I (3) Basic concepts, principles, and practices for the recording, summarizing, and interpreting of accounting data.
Effective: Summer 1995
 

ACCTG 152 Introductory Financial Accounting II (3) Accounting for partnerships, corporations, cash flows, certain liabilities and assets, and the analysis of financial statements.
Effective: Summer 1995
Prerequisite: ACCTG 151  

ACCTG 197 Special Topics (1-9) Formal courses given infrequently to explore, in-depth, a comparatively narrow subject which may be topical or of special interest.
Effective: Spring 2008
 

ACCTG 199 (IL) Foreign Studies (1-12) Courses offered in foreign countries by individual or group instruction.
Effective: Summer 2007
 

ACCTG 211 Financial and Managerial Accounting for Decision Making (4) Introduction to the role of accounting numbers in the process of managing a business and in investor decision making.
Effective: Spring 2008
Prerequisite: MATH 021 or 1.5 units of high school algebra  

ACCTG 211H Financial and Managerial Accounting for Decision Making (4) Introduction to the role of accounting numbers in the process of managing a business and in investor decision making.
Effective: Spring 2008
Prerequisite: MATH 021 or 1.5 units of high school algebra  

ACCTG 294 Research Project (1-12) Supervised student activities on research projects identified on an individual or small group basis.
Effective: Spring 2008
 

ACCTG 296 Independent Studies (1-18) Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.
Effective: Fall 1992
 

ACCTG 297 Special Topics (1-9) Formal courses given infrequently to explore, in depth, a comparatively narrow subject which may be topical or of special interest.
Effective: Fall 1992
 

ACCTG 299 (IL) Foreign Studies (1-12) Courses offered in foreign countries by individual or group instruction.
Effective: Summer 2007
 

ACCTG 305 Financial Statements and Management Decisions (4) Impact of management's financing, investing, and operating decisions on GAAP- based financial statements.
Effective: Spring 2008
Prerequisite: ACCTG 211, FIN 301  

ACCTG 310 Federal Taxation I (3) Study of income determination concepts for individuals and corporations, impact of taxation on decisions, elementary research techniques, and ethical standards.
Effective: Spring 2008
Prerequisite: ACCTG 211 orFIN 301  

ACCTG 311 Accounting Systems and Control (3) Introduction to accounting procedures to gather, to aggregate, and to report accounting data to managers and to external readers.
Effective: Spring 1995
Prerequisite: ACCTG 211  

ACCTG 312 Accounting Technology Lab (3) Hands-on course to teach accounting software, applications of spreadsheets and databases in accounting, and surveying of underlying database theory.
Effective: Spring 2008
Prerequisite: ACCTG 305 orACCTG 371  

ACCTG 340 Cost Accounting (3) Accounting for manufacturing concerns; actual and standard cost systems, and managerial uses of cost data.
Effective: Spring 2008
Prerequisite: ACCTG 211 orACCTG 311  

ACCTG 371 Intermediate Accounting I (4) Financial accounting methods, theory and concepts; analysis of problems in applying concepts to financial statements and asset accounts.
Effective: Spring 2008
Prerequisite: ACCTG 211  

ACCTG 397 Special Topics (1-9) Formal courses given infrequently to explore, in depth, a comparatively narrow subject that may be topical or of special interest.
Effective: Summer 2003
 

ACCTG 398 Special Topics (1-9) Formal courses given infrequently to explore, in depth, a comparatively narrow subject that may be topical or of special interest.
Effective: Summer 2003
 

ACCTG 399 (IL) Foreign Studies (1-12) Courses offered in foreign countries by individual or group instruction.
Effective: Summer 2007
 

ACCTG 403 Auditing (3) Financial compliance, internal, and operational audits; standards and procedures; sampling; EDP auditing; professional issues; application of concepts through written responses.
Effective: Spring 2008
Prerequisite: ACCTG 371 orACCTG 471  

ACCTG 403W Auditing (3) Financial, compliance, internal, and operational audits; standards and procedures; sampling; EDP auditing; professional issues; application of concepts through written responses.
Effective: Spring 2008
Prerequisite: ACCTG 371 orACCTG 471  

ACCTG 404 Managerial Accounting: Economic Perspective (3) Accounting techniques as planning, control, and motivating devices in business and other organizations; accounting data for decision making and performance evaluation.
Effective: Spring 2011
Prerequisite: ACCTG 211, SCM 200 orSTAT 200, ECON 102  

ACCTG 405 Principles of Taxation I (3) Elements of tax policy and tax-planning concepts for personal and business decision making; with emphasis on taxation of individuals.
Effective: Spring 2008
Prerequisite: ACCTG 211;B A 301 orFIN 301  

ACCTG 406 Principles of Taxation II (3) Impact of federal tax structure on business decisions, research methodology, tax planning; ethical considerations of tax practice.
Effective: Spring 2008
Prerequisite: ACCTG 405  

ACCTG 410 Federal Taxation II (3) An examination of the rules and forms used to compute the federal tax liability of corporations and partners.
Effective: Spring 2008
Prerequisite: ACCTG 310  

ACCTG 411 Accounting Practicum: VITA (3) Introduces students to practical aspects of tax preparation through the IRS' VITA program and completion of a tax research project.
Effective: Spring 2008
Prerequisite: ACCTG 310  

ACCTG 417 Corporate and Managerial Communication (2-3) Developing student's expertise in interpreting and communicating accounting and financial information to business professionals.
Effective: Summer 2015
Prerequisite: CAS 100 andACCTG 211  

ACCTG 422 Accounting Systems (3) Understanding flow and documentation of accounting information and internal controls in the context of accounting cycles.
Effective: Spring 2008
Prerequisite: ACCTG 312  

ACCTG 426 Financial Statement Analysis (3) The exploration of conventional and advanced methods of analyzing financial statements, including the assessment of earnings quality.
Effective: Spring 2008
Prerequisite: FIN 301  

ACCTG 431 Advanced Auditing (3) Examination of legal liability, EDP, statistical sampling, SEC reporting, internal control, and financial reporting in specialized industries.
Effective: Spring 2008
Prerequisite: ACCTG 403 orACCTG 403W  

ACCTG 432 Accounting Information Systems (3) Systems analysis tools and techniques; internal control concepts; development of computer control procedures.
Effective: Spring 2008
Prerequisite: ACCTG 371 orACCTG 471, MIS 204  

ACCTG 440 Advanced Management Accounting (3) Management accounting topics such as decision models, quantitative techniques, variance analysis, and their use in accounting.
Effective: Spring 2014
Prerequisite: ACCTG 340 orACCTG 404  

ACCTG 450 Advanced Accounting (3) Accounting theory and practice for business combinations, branches, international operations, partnerships, consolidated financial statements, corporate liquidations, nonprofit organizations, estates, and trusts.
Effective: Spring 2008
Prerequisite: ACCTG 472  

ACCTG 461 (IL) International Accounting (3) Study of international accounting issues with emphasis on need, use, and interpretation of financial accounting required in global business environment.
Effective: Fall 2012
Prerequisite: ACCTG 471 andACCTG 472  

ACCTG 462 Governmental and Not-for-Profit Accounting (3) Provides an understanding of governmental and not-for-profit accounting theory, procedures, and financial statements.
Effective: Spring 2010
Prerequisite: ACCTG 311 orACCTG 471  

ACCTG 471 Intermediate Financial Accounting I (3) Theory and practice issues in income concepts and value measurement; GAAP; revenues, costs, assets, liabilities, and equities.
Effective: Spring 2008
Prerequisite: ACCTG 211 orACCTG 311  

ACCTG 472 Intermediate Financial Accounting II (3) Off-balance-sheet financing; special issues in cost capitalization, liabilities, and equities; matching; funds flow statements; statement analysis; inflation accounting.
Effective: Spring 2008
Prerequisite: ACCTG 371 orACCTG 471  

ACCTG 473 Advanced Financial Accounting (3) Reporting for multi-corporate enterprises, business combinations, quasi- reorganizations, and selected contemporary reporting problems.
Effective: Spring 2010
Prerequisite: ACCTG 472  

ACCTG 481 Financial Statement Analysis: Accounting Based Evaluation and Decision Making (3) An accounting based evaluation and decision making approach to analyzing financial statements by studying business and firm valuation.
Effective: Spring 2008
Prerequisite: or concurrent:ACCTG 472  

ACCTG 483 Forensic Accounting (3) Study of investigative accounting, consulting and litigation support activities undertaken in forensic accounting engagements.
Effective: Spring 2011
Prerequisite: or concurrent:ACCTG 472;ACCTG 403 orACCTG 403W  

ACCTG 489 Seminar in Accounting (3) New trends and concepts in accounting; applications and impact on problem solving and decision making.
Effective: Spring 2008
Prerequisite: permission of program  

ACCTG 494 Research Project (1-12) Supervised student activities on research projects identified on an individual or small-group basis.
Effective: Summer 2003
 

ACCTG 494H Research Project (1-3 per semester/maximum of 6) Supervised student activities on research projects identified on an individual or small-group basis.
Effective: Summer 2005
 

ACCTG 495 Internship (1-18) Supervised off-campus, nongroup instruction including field experiences, practica, or internships. Written and oral critique of activity required.
Effective: Spring 2008
Prerequisite: prior approval of proposed assignment by instructor  

ACCTG 496 Independent Studies (1-18) Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.
Effective: Fall 1992
 

ACCTG 497 Special Topics (1-9) Formal courses given infrequently to explore, in depth, a comparatively narrow subject which may be topical or of special interest.
Effective: Fall 1992
 

ACCTG 498 Special Topics (1-9) Formal courses given infrequently to explore, in depth, a comparatively narrow subject that may be topical or of special interest. .
Effective: Summer 2003
 

ACCTG 499 (IL) Foreign Studies (1-12) Courses offered in foreign countries by individual or group instruction.
Effective: Summer 2007
 

Last Import from UCM: April 22, 2017 3:00 AM

Search
CourseInfo

Look up course abbreviations

Course descriptions are stored in LionPATH, the University-wide student information system. Please visit the LionPATH Course Catalog to access current course descriptions. At that point, you will be leaving the University Bulletin website.



Skip Popular Searches
  1. Bachelor of Arts Degree Requirements
  2. General Education: United States Cultures and International Cultures
  3. Course Index
  4. Graduate Degree Programs Bulletin
  5. General Education: Arts
  6. General Education: Humanities
  7. General Education: Health and Physical Activity
  8. General Education: Natural Sciences
  9. General Education: Social and Behavioral Sciences
  10. General Education: Writing/Speaking