University of Nebraska at Kearney
1998-2000 Undergraduate CATALOG

BACC Courses

BACC 250 - Beginning Accounting I - 3 hours

Prereq: none
The basic accounting cycle; current assets, current liabilities, and plant assets. Focuses on financial reporting for service businesses or merchandising businesses which have one owner. F, SP, SU.

BACC 251 - Beginning Accounting II - 3 hours

Prereq: BACC 250
Continuation of the basic accounting cycle with particular attention given to development of special procedures for control, partnerships, and corporations. Analysis of financial information used within the organization by manufacturing and service businesses. F, SP, SU.

BACC 301 - Managerial Accounting - 3 hours

Prereq: BACC 251* (Not open to accounting majors)
An analytical investigation and discussion of the adaptation of financial accounting data for internal management purposes. Focus will be on four essential aspects of reporting accounting data: cost determination, cost control, performance evaluation, and financial information for planning and special decisions. SP.

BACC 311 - Business Law - 3 hours

Prereq: none
A study of the legal environment of business. Topics include legal theory, and resources, ethics, the court system, torts, contracts, government regulation, property law, and international law considerations. F, SP, SU.

BACC 312 - Commercial Law - 3 hours

Prereq: BACC 311
A study of the Uniform Commercial Code (including sales, commercial paper, secured transactions), credit/debtor relationships, agency law, and business entities. F, SP.

BACC 350 - Intermediate Accounting I - 3 hours

Prereq: BACC 251*
An in-depth study of basic accounting principles and procedures, financial statements, and current and noncurrent assets. F, SP.

BACC 351 - Intermediate Accounting II - 3 hours

Prereq: BACC 350*
Problems relating to current and noncurrent liabilities, stockholder equity, and analytical processes. SP, SU.

BACC 352 - Cost Accounting - 3 hours

Prereq: BACC 251*
Accounting for manufacturing concerns with special emphasis on managerial decisions, as well as on unit and process costs. F.

BACC 391 - Accounting Information Systems - 3 hours

Prereq: BACC 251*, BMIS 181, BMIS 182
The role of accounting information systems within an organization's management information system, information system documentation, transaction cycle reporting; principles of internal control; the use of proprietary general ledger software. F.

BACC 399 - Business Apprenticeship Program - 3 hours

Prereq: none
The Business Apprenticeship Program is designed to provide students with a variety of experiences which will facilitate competency in their chosen field of study. Must be approved by Department Chair. F, SP.

BACC 412/812P - Employment Law - 3 hours

Prereq: none
A study of the major federal laws and judicial decisions, and selected Nebraska laws and judicial decisions affecting personnel practices nit he private and public sectors. General topics covered include equal employment opportunity, affirmative action, employee and management rights, and legal issues in employment compensation and benefits. Emphasis is placed on Title VII and employment discrimination based on race, color, sex, religion, and national origin. Age and disability discrimination are also covered. Specific topics include employee recruiting, selection, performance appraisal and promotion, wrongful discharge, employee privacy, employment-at-will and current topics. SP.

BACC 451/851P - Tax Accounting - 3 hours

Prereq: BACC 251*
A study of federal income tax concepts and principles, with emphasis on individual and business organization income tax laws, regulations and filing procedures. SP, SU.

BACC 452/852P - Advanced Tax Accounting - 3 hours

Prereq: BACC 451*
A continuation of the study of federal income tax concepts and principles, with emphasis on the taxation of partnerships, corporations, and advanced topics in individual income taxation. F.

BACC 453/853P - Advanced Accounting I - 3 hours

Prereq: BACC 351*
Special accounting topics relating primarily to the preparation of consolidated financial statements for accounting entities in a parent-subsidiary relationship. Other topics include partnerships, the Securities and Exchange Commission and foreign currency transactions. F.

BACC 454/854P - Advanced Accounting II - 3 hours

Prereq: BACC 351*
In-depth analysis of contemporary accounting issues and problems, the development of accounting thought and principles, and critical review of generally accepted accounting principles.

BACC 463/863P - Advanced Cost Accounting - 3 hours

Prereq: BACC 352*
The study of variable costs, analysis and control, and internal profit reporting. SP.

BACC 465/865P - Governmental/Non-Profit Accounting - 3 hours

Prereq: BACC 251*
Accounting and financial reporting for local and state governments, colleges and universities, health care organizations, voluntary health and welfare organizations, and certain other non-profit organizations. SP.

BACC 470/870P - Auditing - 3 hours

Prereq: BACC 351*
Duties and responsibilities of auditors, methods of conducting audits, preparation of audit reports, and special auditing problems. Emphasis on the application of accounting concepts and principles learned.. F.

BACC 471/871P - Advanced Auditing - 3 hours

Prereq: BACC 470*
The practical application of auditing standards and procedures in examining financial statements and verifying underlying data. A practice set is required. SP.

BACC 472/872P - C.P.A./C.M.A. Problems - 3 hours

Prereq: none
Senior standing and accounting emphasis students only. This course is designed specifically to review content areas normally covered on the C.P.A. and C.M.A. exams including auditing, financial and managerial accounting, theory, taxation, and business law. Problem solving and the C.P.A./C.M.A. exam format will be stressed. Credit/no credit only.

BACC 475 - Accounting Internship - 1-15 hours

Prereq: none
A work experience program planned for students preparing for employment in business and industry. The learning experience is organized and supervised by the academic department and personnel of selected industries. Must be approved by the Department. F. SP, SU.

BACC 484/884P - Accounting Theory - 3 hours

Prereq: BACC 351*
This course will include a discussion and critical evaluation of the recent growth in accounting theory as influenced by regulatory agencies, economic conditions, and professional accounting organizations.

BACC 499 - Special Problems in Business - 3 hours

Prereq: Permission of instructor
Independent investigations of business problems. Topics to be investigated may be tailored to meet the needs of the student. A case study course designed to integrate the knowledge acquired in other courses in business administration, and to emphasize analysis and decision-making. Must be approved by Department Chair. F, SP, SU.

* This course is the immediate prerequisite. Other preparation is required prior to this immediate prerequisite.