Accounting Courses | 2025-2026 Academic Catalog | SIU

(Same as ECON 208 and FIN 208 and MGMT 208) [IAI Course: BUS 901] Uses of data in policy formulation are discussed. Emphasis is placed on the conversion of raw information into statistics, which are useful to the decision-maker. Problems stress solution to questions typically raised in businesses. Prerequisite: MATH 139.

Credit Hours: 3

[IAI course: BUS 903] This course covers the basic concepts, principles and techniques used to generate accounting data and financial statements and to interpret and use the financial data to enhance decision making. Restricted to 2nd Year standing or consent of the school director. Course fee: $46.75 for e-textbook.

Credit Hours: 3

[IAI Course: BUS 904] The use of accounting information for managerial planning, control and decision making through budgeting, cost and variance analyses, and responsibility accounting. Prerequisite: ACCT 220. Restricted to 2nd Year standing or consent of the school director. Accounting majors and minors must pass ACCT 220 with a grade of C or better.

Credit Hours: 3

Introduction to financial and managerial accounting concepts and objectives. Credit Hours: 3.

Credit Hours: 3

Current accounting principles and procedures relating to elements of financial reporting. Particular emphasis on current assets and liabilities. Prerequisite: ACCT 250 or ACCT 220 with a grade of C or better. Credit Hours: 3.

Credit Hours: 3

Continuation of the study of accounting principles and procedures with emphasis on revenue recognition, assets, and long-term liabilities. Prerequisite: ACCT 320 with a grade of C or better. Restrictions: College of Business and Analytics majors or minors, 3rd Year standing or higher. Credit Hours: 3.

Credit Hours: 3

Continuation of the study of accounting principles and procedures with emphasis on liabilities, corporate capital, and income determination. Preparation and use of special statements; analysis and interpretation of statements. Prerequisite: ACCT 321 with grade of C or better. Restrictions: College of Business and Analytics majors or minors, 3rd Year standing or higher.

Credit Hours: 3

Interpretation and managerial implications of material, labor, and overhead for job order, process and standard cost systems, cost-volume-profit relationships, direct costing, and budgeting. Accounting for complex process production flows, joint and by-products, spoilage, and scrap. Responsibility accounting and reporting. Prerequisite: (ACCT 220 & ACCT 230) OR ACCT 250 with C or better. Restrictions: College of Business and Analytics majors or minors, 3rd Year standing or higher.

Credit Hours: 3

Background, principles, and procedures for the determination of taxable income as a basis for federal income tax. Particular attention is given to those aspects, which are at variance with usual accounting treatment in the determination of net income. Includes practice in the methodology of tax solutions. Prerequisite: (ACCT 220 and ACCT 230) OR ACCT 250 with grades of C or better. Restrictions: Accounting majors or minors, 3rd Year standing or higher.

Credit Hours: 3

(Same as MGMT 360) Accounting information systems analysis and design. Focusing on internal controls, data modeling, databases, documentation tools and information retrieval to improve business decisions. Restrictions: Accounting majors or minors, 2nd Year standing, or consent of the school.

Credit Hours: 3

Examines the philosophical, sociological and legal dimensions of contemporary ethical issues facing the business world today. Stress is on stakeholder analysis and appropriate policy decisions for multinational corporations. Course content centers on actual business cases and hypothetical ethical dilemmas.

Credit Hours: 3

Accounting principles and procedures relating to specialized topics in financial accounting and business combinations, resulting in consolidated financial statements, and financial accounting for partnerships. Prerequisite: a grade of C or better in ACCT 322. Restrictions: Accounting majors or minors, 3rd Year standing or higher.

Credit Hours: 3

Managerial decision making; profit planning and control through relevant costing, return on investment and transfer pricing, determination of cost behavior patterns, analysis of variances, capital budgeting, inventory models, probabilities, statistical methods, and operations research. Prerequisite: ACCT 331 with grade of C or better. Restrictions: Accounting majors or minors, 3rd Year standing or higher.

Credit Hours: 3

Study of income tax problems which arise from sole proprietorship, partnership, limited liability company, corporation, estate, and trust. Student does research in source materials in arriving at solutions of complicated problems. Prerequisite: ACCT 341 with grade of C or better. Restrictions: Accounting majors or minors; 3rd Year standing or higher.

Credit Hours: 3

Provides an overview of processes for planning and executing a risk-based audit; explains the procedures auditors use to evaluate internal controls; describes the tests auditors conduct to substantiate financial statement accounts. Prerequisite: a grade of C or better in ACCT 322. Restrictions: Accounting majors, minors, 3rd Year standing.

Credit Hours: 3

The course covers internal audit from a broad perspective to include information technology, business processes, and accounting systems. Topics include internal auditing standards, risk assessment, governance, ethics, audit technique, and emerging issues. It covers the design of business processes and the implementation of key control concepts and will use a case study approach that addresses tactical, strategic, systems, and operational areas. Restrictions: Accounting majors or minors.

Credit Hours: 3

Coverage of forensic accounting processes and tools used in the detection and prevention of fraud against the company. Topics include skimming, cash larceny, check tampering, billing schemes and others. The course will include the use of computer aids in forensic investigation. Restrictions: Accounting majors and minors.

Credit Hours: 3

Financial and managerial accounting concepts peculiar to the planning and administration of public and quasi-public organizations, such as governmental units, institutions, and charitable organizations. Also includes the study of governmental auditing standards. Not for graduate credit. Restrictions: Accounting majors or minors.

Credit Hours: 3

Capstone course covering financial accounting and reporting, IFRS, government accounting, not-for-profit accounting, auditing and attestation, business law, taxation, and business environment and concepts. Emphasis is on reinforcing the knowledge and critical thinking skills necessary for problem-solving and communication in the accounting profession. Limited to students who are eligible to sit for the CPA Exam. Special approval required by the Director of the Master's in Accounting program.

Credit Hours: 3

This course enhances students' understanding of how business and data analytics are utilized in accounting, covering their significance, techniques, and consequences through practical examples of basic and advanced analytics concepts. It provides hands-on experience across various accounting domains such as audit, fraud detection, financial and managerial accounting. By completing this course, students will acquire a basic comprehension of how data analytics intertwines with accounting and the ability to employ this understanding in real world accounting-related decision making. Prerequisite: ACCT 322 with a grade of C or better. Co-requisite: ACCT 460. Restriction: 3rd Year standing. A student may not receive credit for both ACCT 481 and ACCT 510. Credit Hours: 3.

Credit Hours: 3

Independent study of specialized aspects of accountancy not available through regularly scheduled courses. Not for graduate credit. Prerequisite: a grade of C or better in each of ACCT 322, ACCT 331, and ACCT 341. Restrictions: Accounting majors or minors.

Credit Hours: 1-6

Supervised work experience in professional accounting. Mandatory Pass/Fail only. Not for graduate credit. Course may be repeated in a subsequent semester, but only three semester hours may be applied toward the Accounting major and to the requirements to qualify for the C.P.A. examination. Additional credit hours may only satisfy the 300-400 level College of Business and Analytics prefix elective or general elective requirements. Restrictions: Accounting majors or minors, outstanding record in accounting. Special approval needed from the program.

Credit Hours: 3