The Minor in Accounting

The Minor in Accounting is open to non-business administration majors as well as students majoring in business administration options other than accounting. Non-business minors must meet with Business Advising (GLNN 321, 530-898-4480) and formally declare the minor prior to enrolling in courses. All courses counted toward the Accounting Minor must be completed with a grade of C or better. No Accounting Minor coursework (300 level or higher) may be transferred in from any institution outside of CSU, Chico. Various courses in the Minor have prerequisites courses where a minimum grade is required. An accounting student may be enrolled in a maximum of 3 accounting courses per semester. The Accounting Department does not allow accounting students to re-enroll in an upper level (300, 400, and 500 level) accounting course in which they are currently enrolled until after grades are posted for the current term. An academic advising meeting with the Department Chair is required before an accounting student may enroll in the same accounting course a third time.

Course Requirements for the Minor: 30 units

The following courses, or their approved transfer equivalents, are required of all candidates for this minor.

9 courses required:

SUBJ NUM	Title	Units	Semester Offered	Course Flags
ACCT 201	Introduction to Financial Accounting	3.0	FS
Introductory study of the information system that measures, records, and communicates the economic activity of an entity, in monetary terms, to stakeholders outside of the organization. The study of assets, liabilities, owners' equity, revenues, expenses, gains, and losses as they relate to the preparation of financial statements communicating an entity's financial position, results of operations, and cash flows. 3 hours lecture. (000077)
ACCT 202	Introduction to Managerial Accounting	3.0	FS
Prerequisites: ACCT 201. Introductory study of the process of identification, measurement, accumulation, summarization, preparation, interpretation, analysis, and communication of financial and non-financial information to assist managerial planning, controlling, and decision-making within an organization to assure appropriate use of and accountability for the organization's resources. Students study terminology, cost behavior, cost estimation, cost assignment, cost accounting systems, cost of quality, financial and operational budgeting, performance evaluation, profitability analysis, pricing methodologies, and short-term and long-term decision-making techniques. 3 hours lecture. (000078)
ACCT 320	Cost Management Accounting I	3.0	FS
Prerequisites: ACCT 201, ACCT 202 both with a grade of C or higher. An in-depth study of the process of identification, measurement, accumulation, summarization, preparation, interpretation, analysis, communication of financial and non-financial information to assist managerial planning, controlling, and decision-making techniques within an organization to assure appropriate use of and accountability for the organization's resources. Students study cost terminology, cost behavior, cost estimation, cost assignment, cost accounting systems, cost of quality, financial and operational budgeting, performance evaluation, profitability analysis, pricing methodologies, and short-term and long-term decision-making techniques. 3 hours discussion. (000080)
ACCT 325	Intermediate Accounting I	3.0	FS
Prerequisites: ACCT 201, ACCT 202 both with a grade of C or higher. An in-depth study of the information system that measures, records, and communicates the economic activity of an entity, in monetary terms, to stakeholders outside of the organization. The study of assets, liabilities, owner's equity, revenues, expenses, gains, and losses as they relate to the preparation of financial statements communicating an entity's financial position, results of operation, and cash flows. 3 hours discussion. (000082)
ACCT 326	Intermediate Accounting II	3.0	FS
Prerequisites: ACCT 201, ACCT 202, ACCT 325 all with a grade of C or higher. Continuation of discussions on financial accounting topics related to the income statement, balance sheet, and statement of cash flows. Complex issues associated with income determination, cash flows, and balance sheet valuations are explored from a theoretical and practical perspective. 3 hours discussion. (000083)
ACCT 327	Intermediate Accounting III	3.0	FS
Prerequisites: ACCT 325, ACCT 326 both with a grade of C or higher. Continuation of the discussions on financial accounting topics related to income statement, balance sheet, and statement of cash flows. Includes coverage of financial statement disclosures, accounting changes, error correction, and analysis of financial statements. 3 hours discussion. (021611)
ACCT 365	Not-for-Profit Accounting	3.0	FS
Prerequisites: ACCT 201, ACCT 202, ACCT 325 all with a grade of C or higher. Concepts, principles, and problems of fund accounting for government and non-profit organizations. The design of accounting systems for hospitals, educational institutions, and community organizations. Emphasis is on the role of accounting in making decisions in government and non-profit organizations. 3 hours lecture. (000088)
ACCT 421W	Auditing and Assurance (W)	3.0	FS	W
Prerequisite: ACCT 327 with a grade of C or higher. A study of the purpose, standards, evidence, professional responsibilities, and legal and ethical concerns attendant to the expression of an opinion as to the fairness of financial statement presentation. 3 hours discussion. This is an approved Writing Course. Formerly ACCT 421. (000098)
ACCT 425	Advanced Accounting	3.0	FS
Prerequisites: ACCT 320, ACCT 327, ACCT 437 all with a grade of C or higher. An introduction to the study of accounting for unconsolidated, but combined corporate entities, consolidated entities, partnership entities, fiduciary engagements, interim reporting, segment reporting, and corporate reorganizations and liquidations. 3 hours discussion. (000096)
ACCT 437	Federal Income Taxation I	3.0	FS
Prerequisites: ACCT 201, ACCT 202 both with a grade of C or higher. An introduction to the study of business entity, individual, and fiduciary taxation in a multijurisdictional environment. Foundational coverage of tax research and basic federal income tax principles and laws. 3 hours discussion. (000089)
ACCT 537	Federal Income Taxation II	3.0	FS
Prerequisites: ACCT 326, ACCT 437 both with a grade of C or higher. An in-depth study of business entity, individual and fiduciary taxation in a multijurisdictional environment. Advanced coverage of tax research, tax planning, and tax compliance issues. 3 hours discussion. (000102)

1 course selected from:

SUBJ NUM	Title	Units	Semester Offered
ACCT 365	Not-for-Profit Accounting	3.0	FS
Prerequisites: ACCT 201, ACCT 202, ACCT 325 all with a grade of C or higher. Concepts, principles, and problems of fund accounting for government and non-profit organizations. The design of accounting systems for hospitals, educational institutions, and community organizations. Emphasis is on the role of accounting in making decisions in government and non-profit organizations. 3 hours lecture. (000088)
ACCT 420	Cost Management Accounting II	3.0	FS
Prerequisites: ACCT 320 with a grade of C or higher. Continuation of ACCT 320. See ACCT 320. Recommended for Certified Management Accountant. 3 hours discussion. (000094)
ACCT 537	Federal Income Taxation II	3.0	FS
Prerequisites: ACCT 326, ACCT 437 both with a grade of C or higher. An in-depth study of business entity, individual and fiduciary taxation in a multijurisdictional environment. Advanced coverage of tax research, tax planning, and tax compliance issues. 3 hours discussion. (000102)
ACCT 556	Accounting Theory	3.0	FS
Prerequisites: ACCT 327 with a grade of C or higher and faculty permission. A study of theoretical considerations in asset measurement and income determination. Emphasis is placed on the conceptual basis underlying current accounting standards. 3 hours discussion. (000100)