2019-2020

Accounting Department

Concentration in Accounting

Objective

  • To provide education for leadership in the accounting profession.

The way that organizations (both public accounting firms and corporations) conduct business and the role of accountants in organizations has changed dramatically. To be an effective leader in the current business environment, accountants must be knowledgeable in a wide range of disciplines, including finance, management, and marketing.

In response, the accounting profession has undergone its most significant changes in recent history; changes that require enhanced skills and knowledge for career success. Because accountants need to be business people first, knowledge of accounting must be firmly grounded in an understanding of the complete range of business functions. In addition, accountants must be accomplished communicators.

Bryant’s accounting program is designed to meet the challenges posed by such changes. The accounting curriculum provides a flexible program of study relevant to all areas of accounting. Elective courses and internship opportunities permit students to pursue areas of specific career interests. Additionally, through the integration of business and liberal studies, students obtain the knowledge, sensitivities, and skills mandated by an increasingly complex, globally interdependent and technologically sophisticated world.

Bryant’s accounting program provides the sufficient background for the major professional examinations. In addition, qualified undergraduate students are eligible to take up to two graduate courses during their senior year to get a head start on completing the Master of Professional Accountancy (MPAc) and MPAC with Tax Cencentration. Both courses can be applied to their graduate degree, and one course can be applied to their undergraduate degree.  MPAc enables Bryant undergraduate students to complete the required 150 credits to be certified as a CPA in as little as 4 1⁄2 years.

Concentration in Managerial Accounting and Finance

Objectives

  • To provide education for leadership roles in the management accounting and corporate finance profession.
  • Develop the analytical and managerial capabilities necessary for making sound financial decisions, either as a manager of an enterprise or not-for-profit organization.
  • Prepare students for career paths involving management accounting and financial decision making.
  • Prepare students for internal audit careers.

The way that business and not-for-profit organizations conduct business, and the role of accounting and finance professionals in organizations has changed dramatically. Professionals need to be business people first, with knowledge of accounting and finance firmly grounded in an understanding of the complete range of business functions. To be an effective leader in the current business environment, accounting and finance professionals must be knowledgeable in a wide range of disciplines including accounting, finance, information technology, management, marketing, and decision analysis.

In response, the Institute of Management Accountants has developed a body of knowledge for accounting and finance professionals. This body of knowledge also prepares students for the Certified Management Accountant (CMA) certification, which is the premier professional certification in management accounting and corporate finance.

Bryant’s managerial accounting and finance program provides the basic background for the Certified Management Accountant (CMA) program. In addition, students in this program have the flexibility to structure their course of study for the Certified Information Systems Auditor (CISA) certification. Students in this program will also have the opportunity to obtain the Bloomberg certification, if they so desire.

The Managerial Accounting and Finance program is designed to meet the challenges posed by the current more complex business environment. The program curriculum provides a flexible program of study relevant to areas of management accounting, corporate finance, and decision analysis. Elective courses and internship opportunities permit students to pursue areas of specific career interests. Additionally, through the integration of business and liberal studies, students obtain the knowledge, sensitivities, and skills mandated by an increasingly complex, globally interdependent and technologically sophisticated world.

Courses

ACG 203. Principles of Financial Accounting. 3 Credit Hours.

This course is designed to serve the needs of both accounting majors and students of other disciplines. As an introductory course, students will understand how fundamental Generally Accepted Accounting Principles drive the creation of financial information. Additionally, common uses of financial information for performance evaluation by internal and external decision-makers will be explored.
Pre/Corequisites: GFOB 100 or GFOB 100G
Session Cycle: Fall, Spring, Summer
Yearly Cycle: Annual.

Fall 2019ACG 203A1630TTh9:30am - 10:45am(D. Bline)
Fall 2019ACG 203AE1631M6:30pm - 9:10pm(W. Lynch)
Fall 2019ACG 203B1632MWF9:00am - 9:50am(G. Kovacs)
Fall 2019ACG 203C1633MWF8:00am - 8:50amTBD
Fall 2019ACG 203CE1635T6:30pm - 9:10pm(M. Lynch)
Fall 2019ACG 203D1634MWF11:00am - 11:50am(W. Lynch)
Fall 2019ACG 203E1636MWF12:00pm - 12:50pm(W. Lynch)
Fall 2019ACG 203F1637MF2:00pm - 3:15pm(M. Gainor)
Fall 2019ACG 203FE1638W6:30pm - 9:10pm(G. Kovacs)
Fall 2019ACG 203G1639MWF1:00pm - 1:50pm(M. Gainor)
Fall 2019ACG 203H1640TTh8:00am - 9:15am(D. Bline)
Fall 2019ACG 203I1641TTh2:00pm - 3:15pm(M. McAllister)
Fall 2019ACG 203J1642TTh11:00am - 12:15pm(E. Precourt)
Fall 2019ACG 203K1643TTh12:30pm - 1:45pm(M. McAllister)
Summer 2019ACG 203F4117MTWThF9:00am - 10:30am(M. Gainor)
Spring 2020ACG 203A3583MWF9:00am - 9:50am(D. Bline)
Spring 2020ACG 203B3584MWF10:00am - 10:50am(D. Bline)
Spring 2020ACG 203C3585MWF11:00am - 11:50am(D. Bline)
Spring 2020ACG 203CE3586T6:30pm - 9:10pmTBD
Spring 2020ACG 203D3587MWF1:00pm - 1:50pm(E. Precourt)
Spring 2020ACG 203E3588TTh3:30pm - 4:45pm(L. Witner)
Spring 2020ACG 203F3589MF2:30pm - 3:45pm(M. Lynch)
Spring 2020ACG 203G3590MWF8:00am - 8:50amTBD
Spring 2020ACG 203H3591TTh8:00am - 9:15am(L. Witner)
Spring 2020ACG 203HN3592MWF10:00am - 10:50am(M. McAllister)
Spring 2020ACG 203HN23593MWF11:00am - 11:50am(M. McAllister)
Spring 2020ACG 203I3594TTh2:00pm - 3:15pm(D. Beausejour)
Spring 2020ACG 203J3595TTh11:00am - 12:15pm(D. Beausejour)
Spring 2020ACG 203K3596TTh11:00am - 12:15pm(L. Witner)
Summer 2020ACG 203A4117MTWThF9:00am - 10:30amTBD

ACG 204. Principles of Managerial Accounting. 3 Credit Hours.

This course is designed to serve the needs of both accounting majors and students of other business disciplines. Students will explore how accounting information is used internally by management to determine product/service cost; understand cost behavior; plan, evaluate, and control operations; and make business decisions.
Prerequisites: ACG 203
Session Cycle: Fall, Spring, Summer
Yearly Cycle: Annual.

Fall 2019ACG 204A1644MWF8:00am - 8:50am(M. Gainor)
Fall 2019ACG 204B1645MWF9:00am - 9:50am(K. Asare)
Fall 2019ACG 204C1646MWF1:00pm - 1:50pm(K. Asare)
Fall 2019ACG 204CE1647T6:30pm - 9:10pm(T. Jones)
Fall 2019ACG 204D1648MF2:00pm - 3:15pm(W. Lynch)
Fall 2019ACG 204E1649TTh12:30pm - 1:45pm(L. Folami)
Fall 2019ACG 204F1650TTh3:30pm - 4:45pm(M. Gainor)
Fall 2019ACG 204G1651TTh9:30am - 10:45am(M. Gainor)
Fall 2019ACG 204HN1652MWF9:00am - 9:50am(M. Gainor)
Summer 2019ACG 204S4118MTWThF11:00am - 12:30pm(M. Gainor)
Spring 2020ACG 204A3597MWF8:00am - 8:50amTBD
Spring 2020ACG 204AE3598M6:30pm - 9:10pmTBD
Spring 2020ACG 204B3599MWF9:00am - 9:50amTBD
Spring 2020ACG 204C3600MWF1:00pm - 1:50pmTBD
Spring 2020ACG 204D3601MF2:00pm - 3:15pmTBD
Spring 2020ACG 204E3602TTh8:00am - 9:15amTBD
Spring 2020ACG 204F3603MWF12:00pm - 12:50pmTBD
Spring 2020ACG 204FE3604W6:30pm - 9:10pmTBD
Spring 2020ACG 204G3605TTh9:30am - 10:45amTBD
Spring 2020ACG 204H3606TTh2:00pm - 3:15pm(R. Farrar)
Spring 2020ACG 204I3607MWF9:00am - 9:50amTBD
Spring 2020ACG 204J3608TTh3:30pm - 4:45pmTBD
Summer 2020ACG 204B4118MTWThF11:00am - 12:30pmTBD

ACG 301. Financial Reporting I. 3 Credit Hours.

This course addresses topics relevant to the financial reporting for creditors, investors, regulatory agencies, and other interested parties. The course emphasizes the conceptual development and application of reporting alternatives.
Pre/Corequisites: FIN 201
Prerequisites: Grade of "C" or higher in ACG 203 and junior standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 301A1653MWF11:00am - 11:50am(T. Krumwiede)
Fall 2019ACG 301B1654MWF1:00pm - 1:50pm(T. Krumwiede)
Fall 2019ACG 301C1655TTh3:30pm - 4:45pm(S. Roohani)
Fall 2019ACG 301FE1656W6:30pm - 9:10pmTBD
Spring 2020ACG 301A3609MWF10:00am - 10:50am(S. Roohani)
Spring 2020ACG 301B3610MWF12:00pm - 12:50pm(S. Roohani)

ACG 302. Financial Reporting II. 3 Credit Hours.

This course addresses topics relevant to the financial reporting for creditors, investors, regulatory agencies, and other interested parties. The course emphasizes topics such as pensions, leases, long-term debt, and stockholders' equity.
Prerequisites: Grade of "C" or higher in ACG 301
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 302A1657MWF8:00am - 8:50am(G. Kovacs)
Fall 2019ACG 302B1658TTh9:30am - 10:45am(C. Cullinan)
Spring 2020ACG 302A3611MWF10:00am - 10:50am(T. Krumwiede)
Spring 2020ACG 302B3612MWF1:00pm - 1:50pm(T. Krumwiede)
Spring 2020ACG 302C3613MWF11:00am - 11:50am(T. Krumwiede)

ACG 311. Cost Management. 3 Credit Hours.

This course is designed to reinforce, amplify, and extend some of the management accounting concepts and techniques introduced in ACG 204, Principles of Managerial Accounting. The course provides a basic understanding of various concepts and techniques used to identify, collect, measure, classify, and report information that is useful to managers for: (1) determining the cost of products, customers, suppliers, and other relevant cost objects; (2) planning and controlling; (3) making continuous improvement; and (4) decision making.
Prerequisites: Grade of "C" or higher in ACG 204 or ACG 320 and junior standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 311A1659MWF9:00am - 9:50am(R. Farrar)
Fall 2019ACG 311B1660MWF8:00am - 8:50am(R. Farrar)
Spring 2020ACG 311A3614TTh11:00am - 12:15pm(K. Asare)
Spring 2020ACG 311B3615TTh12:30pm - 1:45pm(K. Asare)
Spring 2020ACG 311CE3616T6:30pm - 9:10pm(K. Asare)

ACG 315. Advanced Managerial Accounting. 3 Credit Hours.

This is an advanced management accounting course designed for those students who desire to expand their understanding of management accounting or financial management into the use of accounting information to create value in the organization. The course addresses recent innovations in management accounting including the balanced scorecard, strategy maps, strategic cost management for product and customer profitability analysis, lean manufacturing; quality costs, target costing, measuring and managing life-cycle costs, environmental costing, and the design and implementation of management control systems.
Prerequisites: Grade of "C" or higher in ACG 311 and MGT 200
Session Cycle: Fall
Yearly Cycle: Annual.

Fall 2019ACG 315A1662MWF12:00pm - 12:50pm(K. Asare)

ACG 320. International Accounting. 3 Credit Hours.

In this course, students will investigate how financial reporting develops differently across geographic boundaries. Students will learn how the use of financial accounting information by different groups causes the focus of financial accounting to differ. They will also learn how different accounting rules will result in significant differences in published financial reports. This course is a required course for International Business majors and may be taken by accounting concentrators as an open elective only.
Prerequisites: ACG 203 and Sophomore Standing
Session Cycle: Spring
Yearly Cycle: Annual.

Spring 2020ACG 320A3617TTh11:00am - 12:15pm(L. Folami)
Spring 2020ACG 320B3618TTh9:30am - 10:45am(L. Folami)
Spring 2020ACG 320C3619TTh2:00pm - 3:15pm(L. Folami)

ACG 345. Accounting Information Systems. 3 Credit Hours.

This course provides students with (1) an understanding of accounting information systems theory and practice, (2) the knowledge to take advantage of new information technologies such as database management systems, decision support systems, expert systems, and telecommunications, (3) the skills to integrate both financial and non-financial information into a corporate information systems schema, (4) an exposure to a wide range of business, accounting, and auditing software packages, (5) the knowledge to assess controls, and (6) an understanding of systems analysis and design.
Pre/Corequisites: Grade of "C" or higher in ACG 301
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 345A1661MWF11:00am - 11:50am(X. Zheng)
Fall 2019ACG 345C1739MF2:00pm - 3:15pm(X. Zheng)
Spring 2020ACG 345A3620TTh12:30pm - 1:45pm(X. Zheng)
Spring 2020ACG 345B3621TTh3:30pm - 4:45pm(X. Zheng)

ACG 350. Fraud Examination. 3 Credit Hours.

This course examines the causes and consequences of fraud as well as discusses the basic concepts and procedures involved in performing a fraud examination.
Prerequisites: Grade of "C" or higher in ACG 345
Session Cycle: Spring
Yearly Cycle: Annual.

Spring 2020ACG 350CE3622T6:30pm - 9:10pm(S. Pascarella)
Spring 2020ACG 350FE3627W6:30pm - 9:10pmTBD

ACG 351. Corporate Taxation. 3 Credit Hours.

In this course, accounting majors are introduced to topics in corporation taxation. Through problems and interpretation of tax law, students examine the taxation of corporations and their shareholders.
Prerequisites: Grade of "C" or higher in ACG 203 and junior standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 351A1664TTh11:00am - 12:15pm(M. Lynch)
Fall 2019ACG 351B1665TTh3:30pm - 4:45pm(M. Lynch)
Spring 2020ACG 351A3623MF1:00pm - 2:15pm(M. Lynch)
Spring 2020ACG 351B3624MWF12:00pm - 12:50pm(M. Lynch)

ACG 352. Individual Taxation. 3 Credit Hours.

This course examines the federal tax structure with an emphasis on the taxation of individuals. Topics covered in this course include income determination, exemptions, deductions, property transaction, and accounting methods. Tax planning opportunities are also explored.
Prerequisites: Grade of "C" or higher in ACG 203 and junior standing
Session Cycle: Fall, Spring, Summer
Yearly Cycle: Annual.

Fall 2019ACG 352A1666MWF1:00pm - 1:50pm(L. Witner)
Fall 2019ACG 352B1667MF2:00pm - 3:15pm(L. Witner)
Spring 2020ACG 352A3625TTh9:30am - 10:45am(D. Beausejour)

ACG 370. Personal Financial Planning. 3 Credit Hours.

This course addresses the issues involved in personal financial planning. Topics covered include investment planning, retirement planning, estate tax planning, and income tax planning.
Prerequisites: Grade of "C" or higher in ACG 203 and junior standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 370A1668MWF9:00am - 9:50am(D. Beausejour)
Fall 2019ACG 370B1669MWF12:00pm - 12:50pm(D. Beausejour)

ACG 381. Information Systems Controls and Audit. 3 Credit Hours.

This course will cover basic auditing concepts applicable in a wide variety of environments (IT audit, internal audit, and audit in cyberspace or cloud). Theoretical constructs to be covered include (1) the nature of digital evidence and the digital evidence gathering process, (2) the components of risk and their effects on the audit process, and (3) the influence of various organizational structure and culture on internal controls. The course will include applications of auditing of internal control systems, and the use of information technology to conduct various types of audit tests. Students will also learn about the use of standardized audit data in a financial audit. In addition, students learn about careers in CISA (Certified Information Systems Auditor) and general competency areas to become a CISA professional. Applications of forensic accounting in an IT environment or cloud will also be examined and discussed.
Prerequisites: Grade of "C" or higher in ACG 345
Session Cycle: Spring
Yearly Cycle: Annual.

Spring 2020ACG 381JE3626Th6:30pm - 9:10pmTBD

ACG 391. Accounting Internship. 3 Credit Hours.

Individually supervised employment in an area of accounting that involves application of accounting concepts. Students must work on average ten hours per week, meet periodically with a supervising professor, research related literature in the field of employment, and prepare a substantive report of the work experience. Limited to Juniors and Seniors. Approval of a supervising faculty member and the department chair are required.

ACG 442. Auditing Concepts. 3 Credit Hours.

This course presents the basic concepts and procedures associated with an audit of financial statements. Topics covered include auditors’ professional responsibilities, risk analysis, the nature of evidence, the relationship between risk and evidence, and the audit reporting process.
Prerequisites: Senior standing and a grade of "C" or higher in ACG 302 and ACG 345
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 442A1670TTh11:00am - 12:15pm(C. Cullinan)
Fall 2019ACG 442B1671TTh3:30pm - 4:45pm(C. Cullinan)
Summer 2019ACG 442SE4128TTh6:30pm - 9:10pm(S. Pascarella)
Spring 2020ACG 442A3628MWF11:00am - 11:50am(C. Cullinan)
Spring 2020ACG 442B3629MWF1:00pm - 1:50pm(C. Cullinan)
Spring 2020ACG 442CE3630T6:30pm - 9:10pmTBD
Summer 2020ACG 442SE4119TTh6:30pm - 9:10pmTBD

ACG 445. Data Analytics in Accounting. 3 Credit Hours.

Organizations create and collect massive amounts of data as result of their day-to-day operations. Frequently referred to as “Big Data” it represents an important asset for the organization. Big data presents both opportunities and challenges for accounting professionals. Understanding how to use data to formulate and solve business problems provides an opportunity for the accounting professional to become a forward thinking strategic partner in the organization. It can also help auditors design better risk-based testing procedures. The challenge for accountants is to develop the skill set needed to extract value from big data through advanced analytics. This course will challenge you to think critically about whether and how data can improve business performance, create opportunities, and/or identify risks.
Prerequisites: ACG 301 and ACG 345 and junior standing
Session Cycle: Spring
Yearly Cycle: Annual.

ACG 461. Financial Reporting III. 3 Credit Hours.

This course addresses topics relevant to the financial reporting for creditors, investors, regulatory agencies, and interested parties. The course emphasizes topics such as business combinations and consolidations.
Prerequisites: Senior standing and a grade of "C" or higher in ACG 302
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2019ACG 461A1672TTh3:30pm - 4:45pm(E. Precourt)
Fall 2019ACG 461B1673TTh12:30pm - 1:45pm(E. Precourt)
Spring 2020ACG 461A3631MWF11:00am - 11:50am(E. Precourt)
Spring 2020ACG 461B3632MWF10:00am - 10:50am(E. Precourt)

ACG 465. Governmental and Not-For-Profit Accounting. 3 Credit Hours.

This course is an introduction to the accounting and financial reporting principles of state and local governments, colleges and universities, hospitals, and other not-for-profit organizations. Students develop an appreciation for the special accounting, budgeting, and reporting needs of these organizations.
Prerequisites: Grade of "C" or higher in ACG 302
Session Cycle: Varies
Yearly Cycle: Annual.

ACG 471. Product/Service Costing. 3 Credit Hours.

This course concentrates on the design and measurement of costs in different types of operating environments. The impact of the new manufacturing environment on cost accounting procedures will also be considered.
Prerequisites: Senior standing and a grade of "C" or higher in ACG 311
Session Cycle: Varies
Yearly Cycle: Alternate Years.

ACG 497. Directed Study in Accounting. 3 Credit Hours.

This course is designed to permit the student to pursue an area of accounting of interest and concern. The work will be performed under the supervision of a faculty member who will design the program of study and the requirements to be met by the student. This course must be approved by the department chair based on the agreed upon plan of study.
Prerequisites: senior standing is required.

Faculty

Department Chair

Dr. Saeed Roohani

Professor

David J. Beausejour

Professor

Dennis M. Bline

Professor

Charles P. Cullinan

Professor

Lookman Buky Folami

Professor

Timothy G. Krumwiede

Professor

Michael F. Lynch

Professor

Saeed J. Roohani

Professor

Xiaochuan Zheng

Associate Professor

Kwadwo Asare

Associate Professor

Robert H. Farrar

Associate Professor

Lawrence H. Witner

Assistant Professor

Michelle McAllister

Assistant Professor

Elena Precourt

Senior Lecturer

Mary Ella Gainor

Visiting Professor/Lecturer

Gene Kovacs

Lecturer

William J. Lynch