Catalog 2015-2016

Economics and Business

Teaching Faculty

Professors L. Rupert (chair), Scott, and Stanley 
Associate Professor Leonard 
Assistant Professor Looney 
Visiting Assistant Professor Bergfeld

Description

The Department of Economics and Business offers three majors: a major in Economics and Business, a major in Economics, and a major in Accounting; four minors: a minor in Business, a minor in Economics, a minor in Accounting and a minor in International Business; in addition to a Master of Arts in Accounting.  

Students are not allowed to earn a double-major solely in the Department. Likewise, students who major in Economics and Business, Economics, or Accounting may not minor in Business, Economics, or Accounting, but may minor in International Business. If a student majoring in the Department also chooses to minor in International Business, that student may not double count courses in the last two categories of the International Business minor for satisfaction of the major requirements.

Major in Economics and Business

12 courses distributed as follows:

  • BUSI 200 Principles of Accounting I 
  • BUSI 210 Principles of Accounting II
  • ECON 200  Microeconomic Theory  
  • ECON 210  Macroeconomic Theory 
  • BUSI 250  Principles of Statistics 
  • BUSI 350  Business Law 
  • MATH 120  Functions and Models  or higher mathematics course 
  • 2 upper-level accounting courses from the following: 
              BUSI 300  Intermediate Accounting I 
              BUSI 310  Intermediate Accounting II 
              BUSI 320  Federal Tax Accounting 
              BUSI 330  Cost Accounting 
              BUSI 370  Auditing 
              BUSI 390  Accounting Information Systems and Database Management 
              BUSI 410  Advanced Cost Accounting 
  • 3 upper-level economics courses from the following: 
              ECON 300  Advanced Microeconomic Theory  
              ECON 310  Advanced Macroeconomic Theory 
              ECON 320  Money, Banking, and Credit 
              ECON 340  Environmental Economics 
              ECON 350  History of Economic Thought  
              ECON 360  International Economics  
              ECON 370  Industrial Organization
              ECON 380  Public Finance  
              ECON 385  Labor Economics 
              ECON 400  Econometrics and Forecasting  
              ECON 410  Corporate Finance  
              ECON 430  Management Science  
              ECON 497  Economics Research

Major in Economics

13 courses distributed as follows:

  • BUSI 200 Principles of Accounting I
  • BUSI 210 Principles of Accounting II 
  • ECON 200  Microeconomic Theory  
  • ECON 210  Macroeconomic Theory  
  • BUSI 250  Principles of Statistics  
  • MATH 120  Functions and Models  or higher mathematics course 
  • 2 upper-level business courses from the following: 
              BUSI 300  Intermediate Accounting I 
              BUSI 310  Intermediate Accounting II 
              BUSI 320  Federal Tax Accounting 
              BUSI 330  Cost Accounting 
              BUSI 370 Auditing 
              BUSI 390  Accounting Information Systems and Database Management  
              BUSI 410  Advanced Cost Accounting  
  • 5 upper-level economics courses from the following: 
              ECON 300  Advanced Microeconomic Theory 
              ECON 310  Advanced Macroeconomic Theory  
              ECON 320  Money, Banking, and Credit 
              ECON 340  Environmental Economics 
              ECON 350  History of Economic Thought 
              ECON 360  International Economics  
              ECON 370  Industrial Organization 
              ECON 380  Public Finance  
              ECON 385  Labor Economics  
              ECON 400  Econometrics and Forecasting  
              ECON 410  Corporate Finance 
              ECON 430  Management Science  
              ECON 497  Economics Research 

Note(s):

Graduate programs in Economics expect the following courses: ECON 300, ECON 310, ECON 400, and ECON 497 as well as the equivalent of a minor in mathematics.

Major in Accounting

13 courses distributed as follows:

  • BUSI 200 Principles of Accounting I  
  • BUSI 210 Principles of Accounting II
  • ECON 200  Microeconomic Theory  
  • ECON 210  Macroeconomic Theory  
  • BUSI 250  Principles of Statistics 
  • MATH 120  Functions and Models  or higher mathematics course 
  • ECON 410  Corporate Finance  
  • 4 upper-level accounting courses from the following: 
              BUSI 300 Intermediate Accounting I
              BUSI 310 Intermediate Accounting II  
              BUSI 310  Intermediate Accounting II  
              BUSI 320  Federal Tax Accounting  
              BUSI 330  Cost Accounting  
              BUSI 370  Auditing 
              BUSI 390  Accounting Information Systems and Database Management  
              BUSI 410  Advanced Cost Accounting 
  • 2 upper-level economics courses from the following: 
              ECON 300  Advanced Microeconomic Theory  
              ECON 310  Advanced Macroeconomic Theory  
              ECON 320  Money, Banking, and Credit  
              ECON 340  Environmental Economics 
              ECON 350  History of Economic Thought  
              ECON 360  International Economics  
              ECON 370  Industrial Organization 
              ECON 380  Public Finance 
              ECON 385  Labor Economics 
              ECON 400  Econometrics and Forecasting  
              ECON 430  Management Science  
              ECON 497  Economics Research

Senior Capstone Experience

Economics and Business, Economics, and Accounting

The Senior Capstone Experience for the accounting major, the economics major, and the economics and business major may be accomplished in one of four ways: 

  • Completion of the course ECON 497  Economics Research  with a grade of "C" or above; 
  • Completion of the course BUSI 497  Corporate Strategy  with a grade of "C" or above; or 
  • Passing a comprehensive written examination with three parts: (1) BUSI 200, 210  Principles of Accounting I and II ; (2) ECON 200  Microeconomic Theory  and ECON 210  Macroeconomic Theory ; and (3) a concentration based on two upper-level courses, both of which are either accounting or economics courses.  
  • Successful completion of an economic research project in conjunction with the Baker Prize in Economics. 

 The grade for the Senior Capstone Experience is based on either the Economic Research course, the Corporate Strategy course, the written comprehensive examination, or determined by the faculty member sponsoring the Baker Prize research project. 

The Baker Prize in Economics is awarded in the spring to a rising senior majoring in the Economics and Business Department. Students compete for this award by submitting a proposal for an economic research project over the following summer under the supervision of a Hendrix College Economics Professor. The Baker Prize winner receives a stipend, and the completed research project can be used to satisfy the senior capstone requirement as well as an Odyssey undergraduate research (UR) credit. 

Minor in Business

6 courses from the following:

  • BUSI 200  Principles of Accounting I
  • BUSI 210  Principles of Accounting II 
  • BUSI 350  Business Law 
  • ECON 200  Microeconomic Theory  
  • MATH 120  Functions and Models  (or higher mathematics course) 
  • 1 course from the following: 
              BUSI 290  International Marketing 
              BUSI 300  Intermediate Accounting I  
              BUSI 310  Intermediate Accounting II 
              BUSI 320  Federal Taxation  
              BUSI 330  Cost Accounting 
              BUSI 390  Accounting Information Systems and Database Management  
              ECON 320  Money, Banking, and Credit  
              ECON 340  Environmental Economics  
              ECON 370  Industrial Organization  
              ECON 385  Labor Economics  
              ECON 410  Corporate Finance 
              ECON 430  Management Science

Minor in Economics

7 courses distributed as follows:

  • MATH 120  Functions and Models  (or higher mathematics course) 
  • 6 economics courses from the following: 
              ECON 100  Survey of Economics  
              ECON 200  Microeconomic Theory  
              ECON 210  Macroeconomic Theory 
              ECON 300  Advanced Microeconomic Theory
              ECON 310  Advanced Macroeconomic Theory  
              ECON 320  Money, Banking, and Credit 
              ECON 340  Environmental Economics  
              ECON 350  History of Economic Thought 
              ECON 360  International Economics 
              ECON 370  Industrial Organization  
              ECON 380  Public Finance  
              ECON 385  Labor Economics  
              ECON 390  Investments 
              ECON 400  Econometrics and Forecasting  
              ECON 410  Corporate Finance 
              ECON 430  Management Science 
              ECON 497  Economics Research

Minor in Accounting

7 courses distributed as follows:

  • MATH 120  Functions and Models  (or higher mathematics course) 
  • 5 accounting courses from the following: 
              BUSI 100  Contemporary Issues in Business and Entrepreneurship 
              BUSI 200  Principles of Accounting I 
              BUSI 210  Principles of Accounting II 
              BUSI 300  Intermediate Accounting I 
              BUSI 310  Intermediate Accounting II 
              BUSI 320  Federal Tax Accounting 
              BUSI 330  Cost Accounting  
              BUSI 370  Auditing 
              BUSI 390  Accounting Information Systems and Database Management  
              BUSI 410  Advanced Cost Accounting 
  • ECON 200  Microeconomic Theory

Minor in International Business

7 courses distributed as follows:

  • MATH 120  Functions and Models  (or higher mathematics course) 
  • ECON 200  Microeconomic Theory 
  • ECON 210  Macroeconomic Theory 
  • BUSI 200  Principles of Accounting I 
  • 2 of the following: 
              BUSI 280  Global Business  
              BUSI 290  International Marketing 
              ECON 335 International Finance  
              ECON 360  International Economics  
  • 1 upper-level study abroad economics or business course (excluding those taken in the preceding bulleted section under International Business above) or one study abroad internship. (An internship may be conducted in an international department of a domestic company.)

 

Note(s):

Students majoring in the Economics and Business Department may not double count courses in the last two bulleted sections under International Business above for satisfaction of major requirements.

Master of Arts in Accounting

8 courses distributed as follows:

  • ECON 530  Management Science 
  • ECON 550  Managerial Economics 
  • 6 courses from the following list including at least 4 business courses: 
              BUSI 500  Taxation for Business Entities 
              BUSI 510  Advanced Cost Accounting  
              BUSI 520  Seminar in Advanced Accounting 
              BUSI 530  Governmental and Non-Profit Accounting 
              BUSI 540  Advanced Auditing  
              BUSI 550  Business Law 
              BUSI 590  Accounting Information Systems and Database Management  
              BUSI 598  Independent Study or BUSI 599 Internship in Accounting
              ECON 500  Econometrics and Forecasting 
              ECON 570  Industrial Organization  
              ECON 590  Economics Research  
              ECON 599  Independent Study in Economics

Note(s):

  • No more than 2 of the 8 graduate course requirements may be satisfied by BUSI 598, BUSI 599, and ECON 599. 
  • Prerequisites for admittance into the Masters program include majoring in Accounting, Economics, or Economics and Business and consent of the faculty. Because CPA Exam requirements vary by state, students should be informed of the prerequisites required by the state in which they plan to take the CPA Exam. The State of Arkansas requires 30 semester hours beyond the Hendrix B.A. in order to obtain CPA licensure. This fifth-year Master of Arts in Accounting program may be used to fulfill this requirement. Interested students should contact the department chair by the end of their sophomore year for details or for information regarding programs offered to qualify for professional certification examinations.

 

Entrepreneurial Studies


Entrepreneurial Studies provides opportunities for the study of the current and historical role of entrepreneurs in market economies. It provides a forum for public debate about the roles played by entrepreneurs in local, regional, national and international economic spheres. The Center engages in activities complementing the educational enterprise at the College, such as sponsoring nationally prominent and local speakers on an occasional basis and an annual business plan competition. For additional information contact the Department of Economics and Business.

Contact:
Lyle Rupert
Professor of Economics and Business
501-450-1237

Program Course Listings

The courses for this program are organized into the following categories:

Economics Courses

ECON 100

Survey of Economic Issues

An introduction to economic theory and practice with emphasis on applications to the contemporary social world.

Social and Behavioral Analysis SB
ECON 200

Microeconomic Theory

Introduction to concepts and methods of microeconomics. Emphasis is placed on resource allocation, effects of market structures, and the manner in which these market structures affect the economics decisions of a business entity. Prerequisite or co-requisite: MATH 120 or higher mathematics course.

MATH 120 or higher mathematics course.
Quantitative Studies QS
Social and Behavioral Analysis SB
ECON 210

Macroeconomics Theory

Introduction to concepts and methods of macroeconomics. Topics such as inflation, unemployment, and economic growth are examined. The role of monetary and fiscal policy in achieving macroeconomic objectives is emphasized. Prerequisite or co-requisite: MATH 120 or higher mathematics course.

MATH 120 or higher mathematics course.
Quantitative Studies QS
Social and Behavioral Analysis SB
ECON 300

Advanced Microeconomics Theory

Advanced Microeconomic Theory extends the analysis of supply and demand, utility maximization, and firm behavior with explicit attention to the mathematical underpinnings. This course also provides a basic introduction to game theory and the topics of risk and uncertainty. Prerequisites: ECON 200. Recommended: MATH 130 or higher.

ECON 200.
MATH 130 or higher.
Social and Behavioral Analysis SB
ECON 310

Advanced Macroeconomics Theory

A study of the functioning of the aggregate economy and the influences of monetary and fiscal policy on it. Special emphasis is placed on the economics of inflation. Prerequisites: ECON 200 and 210 or consent. Recommended: MATH 130 or higher.

ECON 200 and 210 or consent.
MATH 130 or higher.
ECON 320

Money, Banking, and Credit

A study of the U.S. commercial banking system and its role in the economy. Investigates the role of the Federal Reserve and the impact of monetary policy on the aggregate economy. Prerequisites: ECON 200 and 210 or consent.

ECON 200 and 210 or consent.
ECON 335

International Finance

This course covers topics such as international financial markets, foreign exchange risk management, export/import finance, global financing strategies, international trade flow payments, and financial dimensions of political risk management. Prerequisites: One course from ECON 100, ECON 200, or ECON 210, and one course from BUSI 100 or BUSI 200.

One course from ECON 100, ECON 200, or ECON 210, and one course from BUSI 100 or BUSI 200.
ECON 340

Environmental Economics

Introduces students to the ways in which the tools of economic analysis can enable them to better evaluate environmental issues and policies. Topics covered include alternative governmental responses to externalities, the Coase Theorem, criteria for evaluating economic efficiency, measurement and discounting of environmental costs and benefits, exhaustible resources, energy resources, and sustainability.

Social and Behavioral Analysis SB
Writing Level 2 W2
ECON 350

History of Economic Thought

An investigation of the evolution of economic ideas from the mercantilist period of the seventeenth century to the twentieth century. The economics of Adam Smith, Karl Marx, and David Ricardo, among others, are discussed. Emphasis is placed on how historical ideas inform current economic views. Prerequisites: ECON 100 or 200 or 210 or consent

ECON 100 or 200 or 210 or consent
Historical Perspectives HP
Social and Behavioral Analysis SB
Writing Level 2 W2
ECON 360

International Economics

Survey of the pure theory of trade and international monetary systems. International and domestic effects of each international monetary system are examined. Prerequisites: ECON 200 and 210 or consent. Recommended: ECON 300.

ECON 200 and 210 or consent.
ECON 300.
ECON 370

Industrial Organization

The application of microeconomics to the problems of monopoly, oligopoly, restraints of trade, and other market imperfections. The course also focuses on the economic rationale for antitrust policy and regulation of public utilities. Prerequisites: ECON 200 and 210 or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

ECON 200 and 210 or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
ECON 380

Public Finance

This course discusses the function of government in the economy. The course covers the government’s role in education, health care, and income redistribution and examines taxation, public goods, externalities, and methods for measuring public welfare. Prerequisite: ECON 200 or consent.

ECON 200 or consent.
Writing Level 2 W2
ECON 385

Labor Economics

This course applies microeconomic analysis to the labor market. It considers factors that influence the economy’s demand for labor and the supply of labor, discusses labor market problems such as unemployment and poverty, and employs statistical methods to analyze labor market data. Prerequisite: ECON 200 or consent.

ECON 200 or consent.
Writing Level 2 W2
ECON 390

Investments

This course offers the non-major an introduction to the range of investment opportunities available in current financial markets.

Social and Behavioral Analysis SB
ECON 400

Econometrics and Forecasting

A study of multiple regression analysis and its use in the estimation, testing, and forecasting of economic phenomena and business relationships. Emphasis is placed on the application of statistical methods to actual economic and business data. Prerequisite: BUSI 250. This course may be taken for credit at the undergraduate or graduate level but not both.

BUSI 250. This course may be taken for credit at the undergraduate or graduate level but not both.
ECON 410

Corporate Finance

Survey of modern fiscal management theory and concepts. Topics covered include valuation models of securities, capital expenditure decisions, analysis of financial statements, capital structure and financing decisions, and dividend policy. Prerequisites: ECON 200 and 210; BUSI 200 or consent.

ECON 200 and 210; BUSI 200 or consent.
ECON 430

Management Science

A study of mathematical modeling and problem solving applied to business issues. Topics include linear programming, integer programming, decision making under uncertainty, game theory, and inventory modeling. Recommended: BUSI 250. This course may be taken for credit at the undergraduate or graduate level but not both.

BUSI 250. This course may be taken for credit at the undergraduate or graduate level but not both.
ECON 497

Economics Research

The purpose of this course is to mentor students to complete an independent and original economics research project on a topic of the student’s choosing. The class is conducted primarily as a seminar with major focus on the successful completion of a senior research thesis.

Undergraduate Research UR
Writing Level 2 W2
ECON 500

Econometrics and Forecasting

A study of multiple regression analysis and its use in the estimation, testing, and forecasting of economic phenomena and business relationships. Emphasis is placed on the application of statistical methods to actual economic and business data. Prerequisite: Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
ECON 530

Management Science

A study of mathematical modeling and problem solving applied to business issues. Topics include linear programming, integer programming, decision making under uncertainty, game theory, and inventory modeling. Prerequisite: Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
ECON 550

Managerial Economics

Application of the tools of economic theory and statistics to managerial decision making. Topics include demand analysis, production theory, quantitative cost analysis, market analysis, and the theory of investment. Prerequisite: Graduate standing or consent.

Graduate standing or consent.
ECON 570

IndSt:Industrial Organization

The application of microeconomics to the problems of monopoly, oligopoly, restraints of trade, and other market imperfections. The course also focuses on the economic rationale for antitrust policy and regulation of public utilities. Prerequisite: Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
ECON 590

Economics Research

The purpose of this course is to mentor students to complete an independent and original economics research project on a topic of the student’s choosing. The class is conducted primarily as a seminar with major focus on the successful completion of a senior research thesis. Prerequisite: Graduate standing or consent.

Graduate standing or consent.
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Business Courses

BUSI 100

Cont Issues in Business & Entrep

This introductory course covers issues, problems, and opportunities that local and international businesses and entrepreneurs face in the contemporary world. Topics include organization and management of businesses and not-for-profits, reading and interpreting financial statements, quantitative decision-making tools, biographies of companies and their founders, ethical issues, and interactions between businesses and other segments of society.

Social and Behavioral Analysis SB
BUSI 110

Personal Finance

This course covers critical thinking and quantitative skills in making decisions regarding personal financial issues. Specifically, the issues include money management, budgeting, payroll, taxes, student/auto/house loans and how interest rates work, consumer credit, insurance, retirement and estate planning, and general financial security. The course includes extensive spreadsheet modeling and data analysis.

Social and Behavioral Analysis SB
BUSI 200

Principles of Accounting I

A study of the generally accepted accounting principles and procedures of accumulating, measuring, and interpreting financial data of a business enterprise for use in financial reporting and in managerial decision-making.

BUSI 210

Principles of Accounting II

A study of the generally accepted accounting principles and procedures of accumulating, measuring, and interpreting financial data of a business enterprise for use in financial reporting and in managerial decision-making. Prerequisite: BUSI 200.

BUSI 200.
BUSI 250

Principles of Statistics

A study of representations and interpretations of our contemporary world of data. Topics include descriptive statistics, graphical presentations, statistical estimation, hypothesis testing, and regression analysis. Emphasis is placed on applications to business data.

Quantitative Studies QS
BUSI 280

Global Business

An introductory study of political, cultural and economic international business environments with an emphasis on applications of multinational financial management, investments, accounting, and business planning. Prerequisites: One course from ECON 100, ECON 200, or ECON 210, and one course from BUSI 100 or BUSI 200.

One course from ECON 100, ECON 200, or ECON 210, and one course from BUSI 100 or BUSI 200.
BUSI 290

International Marketing

This course examines the marketing function and the execution of successful marting practices for both domestic and international markets. Using recent research and real world examples, the course will provide the student with an understanding of basic marketing concepts, fundamental practices, marketing terminology, and related technologies in the field.

BUSI 300

Intermediate Accounting I

A study of the conceptual framework of financial accounting and its implications in the measurement, analysis, recording, and reporting of information in financial statements. An emphasis is placed on revenue and expense recognition issues as well as asset and liability valuation concepts. Prerequisites: BUSI 200 and 210.

BUSI 200 and 210.
BUSI 310

Intermediate Accounting II

A study of the conceptual framework of financial accounting and its implications in the measurement, analysis, recording, and reporting of information in financial statements. An emphasis is placed on revenue and expense recognition issues as well as asset and liability valuation concepts. Prerequisites: BUSI 200, 210, and 300.

BUSI 200, 210, and 300.
BUSI 320

Federal Tax Accounting

Federal Income Tax Law applicable to individuals and business enterprises with emphasis on tax determination and planning. Prerequisites: BUSI 200 and 210.

BUSI 200 and 210.
Writing Level 2 W2
BUSI 330

Cost Accounting

A study of accounting systems and tools for product costing, organizational planning, control, and management decision making. Prerequisites: BUSI 200 and 210.

BUSI 200 and 210.
BUSI 340

The Law and Entrepreneurs

This course explores legal and practical issues related to entrepreneurs starting and owning a business, including topics such as: leaving a current job; organizing as a corporation, partnership or LLC; financing the business; relating with co-owners, other management and employees; buying or leasing business property; insurance issues; business contracts and collection issues; and e-commerce and current business topics. Enrollment is open to all majors.

BUSI 350

Business Law

Introduction to law, its relation to and effect on society, business, and the individual. It includes the study of contracts, agencies, personal property, law of sales, and commercial paper. This course may be taken for credit at the undergraduate or graduate level but not both.

BUSI 370

IndSt:Auditing

Theory and procedures underlying auditors’ responsibilities in examining and reporting on financial statements of a business enterprise. Includes professional ethics, auditing standards, reports, internal control, and the selection, scope, and application of auditing procedures. Prerequisite: BUSI 300 or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

BUSI 300 or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
Writing Level 2 W2
BUSI 390

Acctg Info Sys & Database Mgmt

A study of accounting information systems with practical experience of using computerized database management techniques to manipulate financial information efficiently and to communicate it effectively. An emphasis is placed on using computerized controls to ensure data integrity in relational database management systems. Prerequisites: BUSI 200 and 210 or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

BUSI 200 and 210 or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
BUSI 410

Advanced Cost Accounting

A study of cost-benefit analyses and other management science techniques used in economic decision-making. Specific topics include management control systems, cost-volume-profit analysis, budgeting, cost estimation and allocation, capital budgeting, and linear programming. Prerequisite: BUSI 330. This course may be taken for credit at the undergraduate or graduate level but not both.

BUSI 330. This course may be taken for credit at the undergraduate or graduate level but not both.
Writing Level 2 W2
BUSI 497

Corporate Strategy-WII

Capstone course integrating the student's previous study of economics and business. The course will include a study of the theory and pplication of business strategies. Company strategy and performance will be evaluated through comprehensive case studies. Prerequisites: Senior standing and a declared major in the Department of Economics and Business.

Senior standing and a declared major in the Department of Economics and Business.
Special Projects SP
Writing Level 2 W2
BUSI 500

Taxation for Business Entities

Tax compliance and planning for corporations, partnerships, estates, and trusts. Prerequisite: Graduate standing or consent.

Graduate standing or consent.
BUSI 510

Advanced Cost Accounting

A study of cost-benefit analyses and other management science techniques used in economic decision-making. Specific topics include management control systems, cost-volume-profit analysis, budgeting, cost estimation and allocation, capital budgeting, and linear programming. Prerequisite: Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
BUSI 520

Seminar in Advanced Accounting

A study of contemporary financial accounting theory and practice. Prerequisite: Graduate standing or consent.

Graduate standing or consent.
BUSI 530

IndSt:Gov and Non-Profit Acct

Accounting and reporting for governmental units and organizations established as not-for-profit organizations. Prerequisite: Graduate standing or consent.

Graduate standing or consent.
BUSI 550

Business Law

Introduction to law, its relation to and effect on society, business, and the individual. It includes the study of contracts, agencies, personal property, law of sales, and commercial paper. Prerequisite: Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.

Graduate standing or consent. This course may be taken for credit at the undergraduate or graduate level but not both.
BUSI 570

Auditing

Theory and procedures underlying auditors’ responsibilities in examining and reporting on financial statements of a business enterprise. Includes professional ethics, auditing standards, reports, internal control, and the selection, scope, and application of auditing procedures. This course may be taken for credit at the undergraduate or graduate level but not both.

BUSI 580

Advanced Auditing

The study of investigative accounting, fraud detection, consulting, and litigation support activities undertaken in the forensic accounting field. Prerequisite: BUSI 370 or 570; graduate standing or consent.

BUSI 370 or 570; graduate standing or consent.
BUSI 590

Acctg Info Sys & Database Mgmt

A study of accounting information systems with practical experience of using computerized database management techniques to manipulate financial information efficiently and to communicate it effectively. An emphasis is placed on using computerized controls to ensure data integrity in relational database management systems. Prerequisite: Graduate standing. This course may be taken for credit at the undergraduate or graduate level but not both.

Graduate standing. This course may be taken for credit at the undergraduate or graduate level but not both.
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