Department of Accounting and Finance: Courses

These are the courses taught by faculty in the Department of Accounting and Finance. For specific courses required by a particular program, please refer to the program pages.

  • ACFI 620: Topics in Accounting
    4
    Special topics; may be repeated. Prereq: ACFI 621 or ACFI 723 depending on topics and junior standing.
    JR
    ACFI 621
    ACFI 723
  • ACFI 621: Intermediate Financial Accounting I
    4
    Examination of the nature and applicability of accounting theory and the conceptual framework of accounting. Development of the capacity to address and resolve issues and problems in financial reporting. Topics include valuation and reporting of current and operating assets, and revenue recognition. Students wishing to repeat ACFI 621 must request and obtain departmenal approval. Prereq: ADMN 502.
    ADMN 502
  • ACFI 622: Intermediate Financial Accounting II
    4
    Selected topics within financial reporting such as accounting for investments, leases, pensions, and income taxes. Focus on how and why these issues are accounted for in the manner prescribed by current GAAP. Prereq: ACFI 621.
    ACFI 621
  • ACFI 640: Topics in Finance I
    4
    Special topics; may be repeated. Prereq: ADMN 601 and junior standing.
    JR
    ADMN 570
  • ACFI 701: Financial Policy
    4
    Development of analytical tools and practical skills for recognizing and solving complex problems of business finance. Working-capital management, capital budgeting, cost of capital, capital structure, and dividend policy. Prereq: ADMN 570.
    ADMN 570
    No
  • ACFI 702: Investments Analysis
    4
    Security valuation, efficient markets, portfolio management, options, and alternative investments. Computer research topics. Prereq: ADMN 570.
    ADMN 570
    No
  • ACFI 703: International Financial Management
    4
    Financial management problems facing multinational firms. Primary focus on effects of currency denominations on financial decisions. Prereq: ADMN 570.
    ADMN 570
    No
  • ACFI 704: Derivative Securities and Markets
    4
    Derivative assets and markets, and their role in business decision-making and portfolio management. Emphasis on practical and theoretical aspects of hedging and speculating using futures and options for both commodities and financial assets, including their market mechanics. Prereq: ACFI 702.
    ACFI 702
  • ACFI 705: Financial Institutions
    4

    Examination of financial institutions and markets. Emphasis on how institutions create value, the regulatory environment under which they operate, and the role of risk management. Prereq: ADMN 570. Writing intensive.

    ADMN 570
    No
  • ACFI 720: Topics in Finance II
    4
    Special topics. Prereq: ADMN 601 and senior standing. Writing intensive.
    SR
    ADMN 570
  • ACFI 723: Advanced Managerial Accounting Concepts and Applications
    4
    Builds on the basic managerial accounting course by continuing the theme of accounting as a management tool. Emphasis is on cost accounting as a source of data for measuring and improving the economic condition of the enterprise. Newly evolving management themes are integrated into the traditional topics of planning and control, cost analysis, overhead allocation, transfer pricing, and decision modeling. Prereq: ADMN 503.
    ADMN 503
  • ACFI 724: Auditing
    4
    Philosophy and environment of auditing, with attention to an understanding of the major auditing concepts and objectives and its judgment process. Emphasis on the nature and economic purpose of audits, standards, professional ethics, auditors' legal liability, internal control, and audit evidence. Includes audit procedures, reports, and computer software. Prereq: ACFI 621. Writing intensive.
    ACFI 621
  • ACFI 725: Financial Statement Analysis
    4
    Methods and tools of analysis and interpretation of financial statement data. Use of financial information in a variety of decision making situations including a prediction of corporate earnings, debt ratings, and financial distress; lending decisions; risk analysis; and equity valuations. Prereq: ACFI 621 and senior standing.
    SR
    ACFI 621
  • ACFI 726: Introduction to Federal Income Tax
    4
    Federal income tax concepts and law applicable to individuals. Coverage includes taxable income and deductions, passive activities, alternative minimum tax, property transactions and compensation. Prereq: ADMN 502.
    ADMN 502
  • ACFI 740: Topics in Accounting II
    4
    Special topics. Prereq: ACFI 621 or 723, depending on topics, and senior standing.
    SR
    ACFI 621
    ACFI 723
  • ACFI 750: Internships in Accounting
    1
    4
    Accounting fieldwork in a business or other type of organization. Supervision provided by the organization, and consultation provided by the faculty sponsor. Written report required. Course credits vary according to the nature of the fieldwork, to be determined by the faculty sponsor. Prereq: seniors in high standing; permission. Cr/F.
    SR
  • ACFI 751: Internships in Finance
    1
    4
    Finance fieldwork in a business or other type of organization. Supervision provided by the organization, and consultation provided by the faculty sponsor. Written report required. Course credits vary according to the nature of the fieldwork, to be determined by the faculty sponsor. Prereq: seniors in high standing; permission. Cr/F.
    SR
  • ACFI 752: Independent Studies in Accounting
    1
    4
    Student-designed individual research projects, approved by a faculty sponsor. Paper required. Course credits vary according to the nature of the project, to be determined by the faculty sponsor. Prereq: seniors in high standing; permission.
    SR
  • ACFI 753: Independent Studies in Finance
    1
    4
    Student-designed individual research projects, approved by a faculty sponsor. Paper required. Course credits vary according to the nature of the project, to be determined by the faculty sponsor. Prereq: seniors in high standing; permission.
    SR
  • ACFI 754: Honors Seminar in Accounting and Finance
    4
    Seminar discussions of advanced readings in accounting and finance. For seniors with standing in the honors program.
    SR