Sign In
Skip to Navigation Skip to Content Skip to Footer
hi
Untitled 2
Untitled 2
Untitled 2
Untitled 2

Accounting Course Descriptions


2000 Survey of Accounting (3) Credit will not be given for both this course and ACCT 2001. Students in nonbusiness curricula are advised to enroll in ACCT 2000 if they are given the option of ACCT 2000 or ACCT 2001, unless they plan to pursue a business degree at a subsequent date. All students in the E. J. Ourso College of Business are required to take ACCT 2001. Introduction to the meaning of the values presented in financial statements; management accounting concepts and internal decision making; fundamentals of individual income taxes.
 
2001 Introductory Financial Accounting (3) An honors course, ACCT 2002 , is also available. Prereq.: MATH 1021 or equivalent.Credit will not be given for both this course and ACCT 2000 or ACCT 2002 . Required of all students in the E. J. Ourso College of Business. Students in nonbusiness curricula are advised to enroll in ACCT 2000 if they are given the option of ACCT 2000or ACCT 2001, unless they plan to pursue a business degree at a subsequent date. Financial accounting with emphasis on knowledge required for completion of the accounting cycle, including income measurement and financial statement preparation; accounting for current and plant assets, current and long-term liabilities, stockholders’ equity, and cash flows
 
2002 HONORS: Introductory Financial Accounting (3) Same as ACCT 2001, with special honors emphasis for qualified students. Credit will not be given for this course
and ACCT 2001.
 
2101 Introductory Managerial Accounting (3) An honors course, ACCT 2102 , is also available. Prereq.: ACCT 2000or ACCT 2001 or equivalent.Credit will not be given for both this course and ACCT 2102 . Principles and methods of accounting primarily concerned with data gathering and presentation for purposes of internal management evaluation and decision-making.
 
2102 HONORS: Introductory Managerial Accounting (3) Same as ACCT 2101, with special honors emphasis for qualified students. Credit will not be given for this course
and ACCT 2101.
 
3001 Intermediate Accounting—Part I (3) An honors course, ACCT 3002 , is also available. Prereq.: grade of “C” or above in ACCT 2101 ; MATH 1431 . Only Accounting and Finance students admitted to the College of Business or permission of department.Credit will not be given for both this course andACCT 3002 or ACCT 7011 . Accounting principles underlying preparation of financial statements; their application in measurement and reporting of selected balance-sheet items and related revenue and expense recognition.
 
3002 HONORS: Intermediate Accounting–-Part I (3) Same as ACCT 3001, with special honors emphasis for qualified students. Credit will not be given for this course
and ACCT 3001.
 
3021 Intermediate Accounting—Part II (3) Prereq.: grade of “C” or above in ACCT 3001. Continuation of ACCT 3001. Accounting for liabilities, income taxes, pensions, leases, stockholders' equity, earnings per share, accounting changes and corrections of errors, and income and balance sheet presentations.
 
3121 Cost Analysis and Control (3) Prereq.: ACCT 3001. Nature, objectives, basic systems, and procedures of cost accounting and control for manufacturing firms; cost volume- profit relationships; standard costs and variance analysis; direct costing; relevant costs; activity-based costing.
 
3122 Accounting Information Systems (3) Prereq.: ACCT 3001 and ISDS 1100. Majors only or permission of department. Analysis and design of standard accounting systems; emphasis on computerized systems and internal control issues.
 
3201 Fundamental Tax Problems and Tax Planning for Individuals (3) Not open to accounting majors. Not intended to satisfy the requirements to sit for the CPA
exam. For students with little or no previous work in accounting. Credit will not be given for both this course and ACCT 3221.
General course in taxation; emphasis on aspects of taxation affecting the individual; federal and state income, estate, inheritance, gift, excise, and payroll taxes.
 
3221 Income Tax Accounting I (3) Prereq.: credit or registration in ACCT 3001. Credit will not be given for both this course and ACCT 3201. Fundamentals of federal income taxation with respect to individuals and other entities, income inclusions and exclusions, and statutory deductions in arriving at tax liability.
 
3222 Auditing (3) Prereq.: ACCT 3021 and 3122. Theoretical and practical development of the independent audit function; generally accepted auditing standards;
collection and evaluation of audit evidence; understanding internal control; risk assessment; transaction cycles; and reporting.
 
3233 Internal Auditing I (3) Internal auditing standards, ethics, concepts, audit techniques, and reporting practices.
 
4021 Cases in Accounting Policy (3) Prereq.: accounting major with senior standing. Case approach; integrates financial accounting, systems, auditing, income tax, and management uses of accounting information; emphasis on financial reporting to owners, the financial community, regulatory agencies, and the general public; relationship of accounting to the law.
 
4022 Advanced Accounting (3) Prereq.: ACCT 3021; MS in accounting students or permission of department. Completion of the core financial accounting sequence; business combinations, consolidated financial statements, segment reporting, foreign operations, and Securities and Exchange Commission procedures.
 
4121 Advanced Cost Analysis (3) Prereq.: ACCT 3121. Measurement, interpretation, planning, and control of manufacturing and distribution costs; budgets and budgetary control; comparison of costs of business alternatives.
 
4221 Income Tax Accounting II (1-3) Prereq.: ACCT 3221; MS in accounting students or permission of department. Credit will not be given for both this course
and ACCT 7203.
Fundamentals of federal income taxation, with respect to partners, partnerships, corporations, and shareholders.
 
4225 Research in Federal Income Taxation (3) Prereq.: credit or registration in ACCT 3221. MS in accounting students or permission of department. Credit will not be given for this course and ACCT 7210. Techniques and procedures involved in tax planning and research.
 
4231 Internship in Accounting (3) Prereq.: permission of instructor and department chair required. Grade of “C” or above in ACCT 3021 .Pass-fail grading.Credit will not be given for this course and ACCT 4333 . At least 20 hours per week of learning experience in accounting under the general supervision of a faculty member and direct supervision of a professional in accounting. Grading based on the faculty member’s evaluation, a written report by the professional supervisor, and a written report by the student.
 
4232 Advanced Auditing (3) Prereq.: ACCT 3222; MS in accounting students or permission of department. Independent auditor's legal and ethical obligations to society; responsibility for the detection and reporting of fraud; statistical sampling concepts and applications; extensions of the auditor's function including operational auditing, compliance auditing, and reporting on other types of financial and nonfinancial information.
 
4233 Case Studies in Auditing (3) Prereq.: ACCT 3233. Case studies in operational, compliance, and financial audits.
 
4234 Internal Auditing II (3) Prereq.: grade of “C” or above in ACCT 3233. Operation, organization, and quality control audits; organization theory.
 
4235 Fraud Auditing and Forensic Accounting (3) Prereq.: ACCT 3001; MS in accounting students or permission of department. Credit will not be given for this course and ACCT 7235. Proactive and reactive fraud auditing including audit committee and liability related issues; investigative decision making for prevention, detection, investigation, and reporting of fraud.
 
4236 Environmental and Safety Auditing (3) Prereq.: ACCT 3233. Compliance and legal issues relative to environmental laws and safety regulations; emphasis on current laws and compliance auditing methodology.
 
4244 EDP Auditing (3) Prereq.: ACCT 3222 or 3233; MS in accounting students or permission of department. Credit will not be given for this course and ACCT 7244. Electronic data processing (EDP) control, audit applications, and generalized audit software systems.
 
4333 Internship in Internal Auditing (3) Prereq.: Permission of instructor and department chair required. Credit will not be given for this course and ACCT 4231 or 7231 or 7333. Pass-fail grading. At least 20 hrs. per week of learning experience in internal auditing under the general supervision of a faculty member and direct supervision of a professional in internal auditing. Grading based on the faculty member’s evaluation, a written report by the professional supervisor, and a written report by the student.
 
4421 Governmental and Not-for-Profit Accounting (3) Prereq.: ACCT 3001. Credit will not be given for this course and ACCT 7421. Accounting, budgeting, fiscal processes, and financial records of local, state, and federal governmental bodies and of private nonprofit institutions.
 
4501 Petroleum Accounting (3) Prereq.: ACCT 3021 and 3121; MS in accounting students or permission of department. Accounting for oil and gas exploration and production; accounting for oil and gas leases, exploration costs, undeveloped properties, drilling and development operations, production, and oil and gas revenues.
 
7021 Advanced Theory of Accounts (3) Prereq.: ACCT 3021 and consent of instructor; or ACCT 4022. MS in accounting students or permission of instructor. Corporate reporting strategies and practices by managers; preparation of financial statements; interpretation of corporate financial reports.
 
7122 Budgeting, Cost Analysis, and Control (3) Prereq.: ACCT 3121. Use of external accounting systems for decision-making and control.
 
7201 Tax Aspects of Business Entities (3) Prereq.: ACCT 3021 or equivalent. Basic concepts of business entities, including corporations, partnerships, and S corporations; tax consequences of the formation and operation of a business entity, and distributions to the owners.
 
7202 Income Taxation of Equity Exchanges and Redemptions (3) Prereq.: ACCT 7201. Income tax consequences of the sales and exchanges of equity interests, the redemptions of equity interests, and business divisions and liquidations.
 
7203 Taxation of Corporations and Shareholders (3) Prereq.: ACCT 3221 or equivalent. Credit will not be given for both this course and ACCT 4221. Basic tax concepts of corporations, including creation, operation, ownership changes, acquisitions, liquidations,
reorganizations, and consolidated tax returns.
 
7210 Tax Research, Planning and Business Decision Making (3) Prereq.: ACCT 3221 or equivalent. Credit will not be given for both this course and ACCT 4225. Fundamental tax research methodology based on the Internal Revenue Code, regulations and rulings, judicial interpretations, annotated and topical tax services, computerized tax research methods, and techniques of communicating research results.
 
7222 Auditing Theory and Standards (3) Prereq.: ACCT 3222; MS in accounting students or permission of instructor. A comprehensive analysis of the theory and practice of independent auditing.
 
7231 Internship in Accounting (3) Prereq.: permission of instructor and department chair required.Pass-fail grading.Credit will not be given for this course and ACCT 7333 . At least 20 hours per week of learning experience in accounting under the general supervision of a faculty member and direct supervision of a professional in accounting. Grading based on the faculty member’s evaluation, a written report by the professional supervisor and a written report by the student.
 
7232 Case Studies in Internal Auditing (3) Prereq.: ACCT 7233. Primarily for MBA and MS students. Performance, compliance, prudence, and fraud audits.
 
7233 Graduate Internal Auditing (3) Prereq.: consent of instructor. Primarily for MBA and MS students. Theory of internal auditing; efficiency, effectiveness, and economy audits.
 
7234 Operational Auditing (3) Prereq.: ACCT 7233. Primarily for MBA and MS students. Operational audit methodology for management audits, functional audits, risk analysis, and auditable unit analysis.
 
7235 Fraud Auditing (3) Prereq.: ACCT 3001 or equivalent. MS in accounting students or permission of department. Credit will not be given for this course and ACCT 4235. Study of risk and controls relative to the deterrence, prevention, and detection of beneficial and detrimental fraud.
 
7244 Systems Auditing (3) Prereq.: ACCT 3222 or 3233, or permission of instructor. Credit will not be given for this course and ACCT 4244. Selected topics in the control and audit of computer systems.
 
7250 Current Topics in Federal Income Taxation (3) Prereq.: ACCT 3221 or equivalent. May be taken for a max. of 6 hrs. of credit. Tax research and planning in current major interest areas of tax law.
 
7255 Fundamentals of Federal Income Tax (3) Prereq.: ACCT 3221 or equivalent. Relationship among statutes, case law, congressional committee reports, and administrative pronouncements.
 
7256 Internal Revenue Service Practice and Procedure (3) MS in accounting students or permission of department. Practices and procedures of the Internal Revenue Service; client representation.
 
7270 Statement and Report Presentation and Analysis (3) MS in accounting students or permission of department.
 
7301 Financial Information Systems (3) Prereq.: ACCT 3122 or equivalent. MS in accounting students or permission of department. Basic knowledge of computers and databases. Financial information systems, with emphasis on the analysis and design of a system and its use in financial planning, control, and reporting.
 
7310 Tax Aspects of Personal Financial Planning (3) Prereq.: ACCT 3221. Basic concepts of estate and gift taxation and income taxes as they affect personal tax planning; emphasis on wealth accumulation.
 
7333 Internship in Internal Auditing (3) Prereq.: Permission of instructor and department chair required. Credit will not be given for this course and ACCT 4231 or 4333 or 7231. Pass-fail grading. At least 20 hrs per week of learning experience in internal auditing under the general supervision of a faculty member and direct supervision of a professional in internal auditing. Grading based on the faculty member’s evaluation and a written report by the professional supervisor, and a written report by the student.
 
7401 Ethics for Professional Accountants (3) Prereq.: MS in accounting students or permission of department. Case approach to understanding the ethical and regulatory
environment of the practice of professional accounting.
 
7421 Public Sector Accounting and Reporting (3) Prereq.: ACCT 3001. MS in accounting students or permission department. Credit will not be given for this course and ACCT 4421. Public sector management competencies for executive directors, managers, accountants, and consultants for government and nonprofit organizations; topics include financial reporting, regulation, managerial, auditing, taxation, and information systems issues in governmental and nonprofit entities.
 
7601 International Accounting (3) MS in accounting students or permission of department. Accounting principles, auditing environments, managerial objectives, and financial reporting requirements applicable to multinational corporations; causes of international accounting problems.
 
8900 Pre-dissertation Research (1-9) May be repeated for credit. Pass-fail grading. Permission of instructor and department chair required.
 
9000 Dissertation Research (1-12 per sem.) “S”/“U” grading.
 
9001 Accounting Research I (3) For doctoral students only. Research methodologies in accounting and a survey of the accounting research literature.
 
9002 Accounting Research II (3) For doctoral students only. Theory and evidence relating to internal decision making and control, financial accounting, and auditing.
 
9003 Accounting Research III (3) For doctoral students only. Continuation of ACCT 9002.
Theory and evidence relating to internal decision making and control, financial accounting, and auditing.
 
9004 Accounting Research IV (3) For doctoral students only. May be taken for a max. of 6 hrs. of credit. Seminar in current accounting research topics.
 
Contact Us
Untitled 2
Untitled 2
Untitled 3
FOLLOW THE OURSO COLLEGE: Facebook Twitter YouTube Issu documents Instagram LinkedIn
Copyright © 2015. All Rights Reserved. Official Webpage of LSU's E. J. Ourso College of Business
Business Education Complex · Baton Rouge, LA 70803 · Phone: 225-578-3211 · Fax: 225-578-5277
For directions to the Business Education Complex please refer to the directions page.
experienceourso@lsu.edu · Give Feedback · oursowebmaster@lsu.edu ·