Accounting

Sandra Gates (Head)
Location: McDowell Administration Building, Room 226, 903-886-5659, Fax 903-468-3216
Accounting Web Site: http://www.tamuc.edu/academics/colleges/business/departments/accounting/default.aspx

The department offers the Bachelor of Business Administration degree with a major in accounting and the Masters of Science in Accounting Degree. These degrees prepare graduates for careers in all areas of accounting, which include public accounting, private industry, financial institutions, public utility companies, governmental agencies, and other not-for-profit entities.

Students seeking a bachelor’s degree in any of the following majors must complete:

  1. degree requirements for the specific degree,
  2. Core Curriculum Requirements, and
  3. the College of Business core course requirements (refer to those sections of this catalog).

In addition, courses in the major must be completed as shown for each program.

ACCT 221 - Principles of Acct I
Hours: 3
(Acct 2301) An introduction to financial accounting concepts and financial reporting, with the focus being on how decision makers analyze, interpret, and use accounting information. Emphasis is given to how accounting measures, records, and reports economic activities for corporations and on the relationship between accrual and cash flow measures in interpreting accounting information. Prerequisite: Completion or concurrent enrollment in CSCI 126 or BUSA 128.

ACCT 222 - Principles of Accounting II
Hours: 3
(Acct 2302) A study of the role of management accounting and control in business firms with an emphasis on organizational activities that create value for customers. Topics include activity based costing, cost behavior, cost allocation, pricing and product mix decisions, capital budgeting, compensation, benchmarking and continuous improvement, and behavioral and organizational issues. Prerequisite: ACCT 221 or Acct 2301.

ACCT 303 - Business Communications for Accountants
Hours: 3
This course focuses on developing students’ abilities to research, analyze and communicate topics in accounting and/or tax by using qualitative and/or quantitative research methodology. Students also learn various effective methods to communicate and will use online accounting and tax research services.

ACCT 311 - Global Financial Statement Analysis
Hours: 3
This course is designed to provide an overview of financial statement analysis with a focus on global entrepreneurship. It presents a framework for analyzing business opportunities and risks through the use of financial statement analysis, ratio analysis, trend analysis and valuation methods. Prerequisites: ACCT 222 or ACCT 2302 with a minimum grade of C.

ACCT 321 - Intermediate Accounting I
Hours: 3
A study of financial accounting principles and procedures essential to the preparation of financial statements with particular emphasis on the corporate form. Topics of coverage include current assets and liabilities, investments and property, plant and equipment. Prerequisites: ACCT 222 or 2302 and a minimum of 55 sh credit or ACCT 501.

ACCT 322 - Intermediate Accounting II
Hours: 3
A continuation of the detailed study of financial accounting principles and procedures begun in Accounting 321. Emphasis will be given to accounting for long-term liabilities and investments, stockholders equity, income recognition, leases, accounting changes and errors, and financial reporting and analysis. Prerequisites: ACCT 321.

ACCT 326 - Accounting Information Systems
Hours: 3
This course is an integration of manual and computer-based accounting information systems. The course explores in detail the revenue and expenditure cycles, the general ledger, financial reporting, and management reporting systems. Internal control, fraud, and ethics are integrated throughout the curriculum. Students will be required to solve cases utilizing problem solving techniques and critical thinking. Prerequisites: (ACCT 222 or Acct 2302 with a minimum grade of C) and (MIS 128 or BUSA 128 or with a minimum grade of C) or CSCI 126 with a minimum grade of C.

ACCT 412 - Cost Accounting
Hours: 3
Cost accounting focuses on understanding cost management concepts. The course explores management controls, performance measures, decision-making, and goal attainment. Prerequisites: ACCT 222 or Acct 2302 with a minimum grade of C.

ACCT 421 - Advanced Accounting
Hours: 3
A continuation of the financial accounting sequence. The course emphasizes business combinations, consolidations, and other selected financial accounting topics. Prerequisites: ACCT 322 or approval of faculty.

ACCT 427 - Auditing
Hours: 3
Principles and practices used by public accountants and internal auditors in examining financial statements and supporting data. Special emphasis is given to assets and liabilities. Prerequisites: ACCT 322 or approval of faculty.

ACCT 430 - Business Ethics for Accountants
Hours: 3
The course will provide a background in the process of ethical reasoning, the ethical environment, application of ethical rules and guidelines to case problems, and a framework for ethical decision-making. The focus will be on the ethical environment within which professional accountants and businesses operate. The objective is to provide the student with an educational background in what constitutes ethical conduct in businesses and accounting. Prerequisites: ACCT 222 or Acct 2302 and a minimum of 55 sh credit.

ACCT 431 - Internship
Hours: 0-3
This course provides an opportunity for selected students to earn elective credits in accounting through supervised work experience with area business firms under the supervision of a faculty member. Prerequisites: Twelve hours of accounting and permission of the department head.

ACCT 433 - Internal Control Systems
Hours: 3
Internal Control Systems. Three semester hours. (1 or 2) This course explores information systems that provide accounting and other information to make effective and efficient decisions. Emphasis is given to the interaction between the systems analyst, the financial accountant, the internal auditor, the external auditor, and other decision-makers. Overall data flow in systems is studied with an emphasis on flow and logic concepts and designing appropriate internal controls for these systems. Prerequisites: ACCT 222 and a minimum of 55 sh credit.

ACCT 435 - International Accounting
Hours: 3
This course covers the basic concepts and technical issues in international accounting. A brief introduction to the international business dimension is provided along with an in-depth study of accounting in a multinational environment. Topics covered include international financial reporting standards (IFRS), currency translation issues, transfer pricing and comparative practices in financial reporting amongst various countries. Prerequisites: ACCT 321 and ACCT 322.

ACCT 437 - Government & Non-Profit Accoun
Hours: 3
A study of accounting principles and procedures as they apply to governmental units and to private non-profit organizations. Prerequisites: ACCT 222 or Acct 2302 and a minimum of 55 sh credit.

ACCT 439 - Advanced Income Tax Accounting
Hours: 3
A study of taxation of partnerships, corporations, estates, and trusts under current federal income tax laws. An emphasis will be on solving practical problems using tax research tools and software. Prerequisites: ACCT 440 and a minimum of 55 sh credit.

ACCT 440 - Income Tax Accounting
Hours: 3
A study of income tax laws. Emphasis is given to the impact of the federal income tax on the individual taxpayer. Various research software and tools are utilized to solve practical tax problems. Prerequisites: ACCT 222 or Acct 2302 and a minimum of 55 sh credit.

ACCT 442 - Corporate Taxation
Hours: 3
Corporate Taxation - Three semester hours The federal income taxation of corporations and their shareholders with emphasis on the creation of the corporation, establishment of its capital structure, operational alternatives, distribution to shareholders, stock dividends and redemptions, personal holding company, and accumulated earnings tax. Prerequisites: ACCT 440.

ACCT 461 - Fraud Examination
Hours: 3
This course is designed to provide an introduction to fraud examination and covers the principles and methodologies of detecting and deterring fraud using accounting, auditing, and investigative skills. Topics include skimming, larceny, misappropriations, fraudulent financial statements, interviewing witnesses and support for litigation. The objectives include understanding the principles and practices used by public accountants, internal auditors, and others used to examine financial and related information. Prerequisites: ACCT 427 with a minimum grade of C.

ACCT 489 - Independent Study
Hours: 1-4
Independent Study. One to four semester hours. Individualized instruction/research at an advanced level in a specialized content area under the direction of a faculty member. May be repeated when the topic varies. Prerequisite: Consent of department head.

ACCT 490 - H Honors Thesis
Hours: 3-6

ACCT 491 - H Honors Readings
Hours: 3

ACCT 497 - Special Topics
Hours: 1-4
Special Topics. Three semester hours. Organized class. May be repeated when topics vary

ACCT 499 - Internship in Accounting
Hours: 3
Internship in Accounting - Three semester hours This course provides an opportunity for selected students to earn elective credits in accounting through supervised work experience with area business firms under the supervision of a faculty member. Prerequisites: Twelve hours of accounting and permission of the department head.

Sandra Gates
Associate Professor and Department Head
BA., University of Houston-Downtown, MBA., University of Houston, Ph.D., Arizona State University, C.P.A., Texas

Caroline Hayek
Assistant Professor
C.P.A., Texas, B.B.A., University of Miami, M.S., The American University; D.B.A., Kennesaw State University

Gordon Heslop
Associate Professional Track Faculty
M.B.A., University of Southern Mississippi; D.B.A., Mississippi State University

Hongmei Jia
Assistant Professor
B.S., M.Acc., University of Tennessee; Ph.D., University of Kentucky

Shiyou Li
Assistant Professor
C.P.A., Texas; C.M.A.; B.A., Renmin University of China; M.S., University of Houston – Clear Lake; M.S., University of Houston; Ph.D., University of Texas at San Antonio

Michael Opara
Assistant Professor
M.B.A., York University (Canada); D.B.A., Athabasca University (Canada)

Suzanne Perry
Assistant Professor
B.S., Texas A&M University; M.B.A., University of South Florida; Ph.D., University of North Texas

Robert Rankin
Assistant Professional Track Faculty
C.M.A.; B.B.A., University Wisconsin; M.B.A., Texas Tech University; D.B.A, Northcentral University

Cheryl Scott
Instructor
C.P.A., Texas; B.P.A., M.B.A., Texas A&M University-Commerce

Vicki Stewart
Instructor
C.P.A., (Alabama); B.S., Jacksonville State University; M.S.A., Alabama State University

Zhe (Richard) Wang
Assistant Professor
B.C.A., Ph.D., Victoria University of Wellington, New Zealand;

Tim Wilson
Assistant Professor
C.F.E., B.S., University of Southern Mississippi; J.D., Ph.D., University of Mississippi