Upper Division Courses

Enrollment in upper division courses in finance (FIN) and accounting (ACCT) is restricted to students who have met all prerequisites and have completed at least 89.9 quarter units (junior class standing).

Accounting (ACCT)

ACCT 315. Accounting Information Systems
Introduction to the concepts, objectives and importance of properly designed accounting information systems. Extensive study of internal controls including systems documentation. Prerequisites: ACCT 212, INFO 102 & 103 and 309.

ACCT 347. Management Accounting and Decision Making
Overview of techniques to facilitate business decision-making. Models include break-even analysis, differential costing, product cost pricing analyses, capital budgeting and investment analysis techniques. The role of budgeting in management planning and control and an examination of cost and revenue variances. Transfer pricing, management compensation and performance evaluation reviewed in both domestic and international situations. Perequisite: ACCT 212.

ACCT 372. Intermediate Accounting
In-depth study of the fundamentals of accounting including their applications to current assets. Study of conceptual framework. Includes study of the pronouncements of professional accounting organizations and the Securities Exchange Commission. Prerequisite: ACCT 212, with a grade of “C” or better.

ACCT 373. Problem Areas in Intermediate Accounting
Continuation of ACCT 372 with emphasis on the study on long-term assets, equities and earnings per share. Prerequisite: ACCT 372 with a grade of “C” or better.

ACCT 426. Introduction to Taxation
Introduction to the basic concepts of federal income taxation. Includes history and objectives of the tax, along with the treatment of various types of entities, types of income, types of deductions and types of credits. Emphasis is on the individual as a taxpayer. Prerequisites: ACCT 211 and junior standing.

ACCT 440. Financial Statement Auditing
Theory and function of the auditor, viewed from the perspective of public accounting. Topics will include standard audit reports, assessing audit risk, auditor’s legal liabilities, tests of controls, and audit evidence. Prerequisites: ACCT 315 and ACCT 373.

ACCT 441. EDP Auditing and Control
Concepts of auditing in an electronic data processing (EDP) environment. Special attention to control structures in EDP systems. Review of professional literature regarding EDP auditing. Consideration of statistical sampling as an audit tool. Prerequisite: ACCT 440.

ACCT 442. Internal and Operational Auditing
Theory and practice of internal auditing as an operational appraisal activity within firms. Distinction between internal auditing and external, independent auditing. Use of tools to assist management control structures and operations. Focus on evaluating effectiveness, efficiency and compliance of firm activities. Prerequisite: ACCT 373.

ACCT 444. Accounting Law, Ethics and Institutions
Advanced accounting law topics, ethical standards, and institutions for professional accountants. Emphasis on legal problems encountered in the public accounting profession, including an examination of the ethical standards and the political and regulatory institutions that affect the practice of public accounting. Prerequisite: MGMT 330.

ACCT 447. Cost Accounting
Product and service costing with attention to analysis of overhead and multiple allocation techniques. Topics include joint costs, byproducts, spoilage, rework and scrap. Alternative costing systems including operations costing and process costing. Valuation of inventory for decision-making purposes. Procedures for just-in-time inventory management are included. Prerequisite: ACCT 347.

ACCT 503. Financial and Managerial Accounting
Intensive introduction to applied topics and techniques in financial and managerial accounting. Development and use of accounting information for external reporting purposes and management analysis, decision-making, planning and control. No credit will be awarded toward fulfilling requirements for any degree program offered by the College of Business and Public Administration.

ACCT 536. Corporate and Partnership Taxation
The basic concepts of the federal income taxation of corporations and partnerships. Prerequisite: ACCT 426 with a grade of “C” or better.

ACCT 539. Advanced Accounting
Advanced topics in accounting including business combinations, multinational operations and foreign currency transactions, liquidations, and reorganizations. Includes partnership formation, income distribution and liquidation. Prerequisite: ACCT 373.

ACCT 556. Estates and Gifts and other Specialized Taxation Topics
Taxation topics not covered in depth in ACCT 426 and 436, including gift and estate tax, income taxation of trusts and estates, tax administration and practice, working with tax law, advanced individual income tax topics, and other special topics. Prerequisite: ACCT 426 with a grade of “C” or better or consent of instructor.

ACCT 568. Accounting for Government and Not-for-Profit Organizations
Covers principles and practices of government fund accounting. Topics include governmental accounting concepts, types and structure of funds and accounts, application of generally accepted accounting principles to government and not-for-profit entities, presentation and uses of financial statements. (Also offered as PA 568. Students may not receive credit for both.) Prerequisite: ACCT 211.

ACCT 574. Reporting Issues in Intermediate Accounting
Study of revenue recognition, deferred taxes, pensions and leases. Prerequisite: ACCT 372 with a grade of “C” or better.

ACCT 575. Internship in Accounting
Supervised work and study in private or public organizations. May be repeated once for credit. Graded credit/no credit. Prerequisites: Consent of instructor and college.

ACCT 590. Seminar in Accounting
An intensive study of some phase of accounting or finance to be developed by the instructor. May be repeated for credit as topics change.

ACCT 595. Independent Study
Special topics involving library and/or field research. A total of 10 units in any College of Business and Public Administration 595 may be applied toward graduation. Prerequisites: a minimum overall GPA of 3.0, consent of project instructor, and approval by the department of a written proposal submitted to the appropriate department in the College of Business and Public Administration on a standard application filed in advance of the quarter in which the course is to be taken.

Finance (FIN)

FIN 313. Business Finance
Basic principles of financial analysis for management. Techniques of financial decision-making for liquidity management, financial forecasting, dividend policy and selection of sources of capital. Prerequisites: ACCT 212, or 312, SCM 210 and MATH 110

FIN 314. Corporate Financial Management
An advanced study of internal business financial policies and decisions. Includes: capital budgeting, sources and forms of long-term financing, financial structure, cost of capital, equity management, and mergers and acquisitions. Prerequisites: FIN 313

FIN 360. Financial Planning Process and Insurance
Modern money management with discussion of budgeting, banking, real estate, insurance, consumer credit, retirement, and estate planning. The course also examines the identification of risk exposures and the various tools used to address these risks. Prerequisite: FIN 313.

FIN 380. Principles of Real Estate
Basic issues in real estate, including legal concepts, appraisal, financing, investment, brokerage, and management of real estate. This class also contributes toward the state requirements for pre-license education. Prerequisite: FIN 313 or consent of instructor.

FIN 430. Financial Theory and Practice
Financial management with application to capital markets, financial planning, capital budgeting, capital structure, portfolio selection and managerial problems. Prerequisites: FIN 313 and 314.

FIN 432. Financial Institutions and Capital Formation
Structure, operations, portfolio compositions and problems of financial intermediaries and markets. Prerequisites: FIN 313 and 314.

FIN 433. International Business Finance
Financial operations of multinational businesses with emphasis on foreign exchange mechanics, funds transmission, financing instruments, institutions and markets, capital investment decisions and special problems facing a firm in this unique environment. Prerequisite: FIN 313.

FIN 435. Investment Analysis
Analysis and forecasting of security markets, industry studies, portfolio construction. Prerequisites: FIN 313, 314, and 430.

FIN 445. Financial Analysis and Decision-Making
Decision-making in financial management. Advanced financial applications and analysis, including reporting and presentations. Students are advised to take this course near the end of their program. Prerequisite: FIN 430.

FIN 460. Retirement Planning
Analysis of key issues in retirement planning: Individual Retirement Accounts, 401k's, defined benefit plans, profit sharing plans, and other retirement planning instruments. Prerequisites: FIN 360.

FIN 480. Real Estate Appraisal
Examines the appropriate methodology for determining the value of real estate, including both theory and practice. A foundation for potential licensing and certification will be developed. This course meets the requirement for California Broker Credit. Prerequisite: FIN 313.

FIN 481. Real Estate Practice
Legal, marketing and financial aspects of running a real estate business. Focus will be on the practical application of real estate theory to the operation of the firm. Meets state requirements applicable toward the real estate broker license.

FIN 485. Legal Aspects of Real Estate
Legal aspects of real estate transactions will be emphasized. Legal considerations of listing contracts, purchase agreements, disclosure requirements, trust deeds, promissory notes and agency will be the key topics. Liability exposures to all parties will also be explored in the real estate transaction. California Broker credit can also be received.

FIN 503. Financial Management Concepts
An introductory course in financial management with an emphasis on concepts, tools and strategies underlying corporate financial decision-making. Topics include techniques used by firms in procuring and allocating capital for short-term and long-term operations. No credit will be awarded to students who have had FIN 313 and FIN 314.

FIN 523. Security Trading and Analysis
An applied investment analysis course, emphasizing the application of modern portfolio theory and asset allocation models in selecting and evaluating stocks and bonds. This web-enhanced course utilizes modern computer and data facilities to conduct extensive fundamental and technical analysis, security portfolio tracking, performance measurement, and trading simulation and strategies. Prerequisites: FIN 313 and FIN 314.

FIN 527. Financial Derivatives

Managing individual stock and stock portfolio price risks, interest rate risk, currency exchange-rate risk, and other financial risks using options, futures, forwards, and swaps. Emphasis on hedging risk than on speculative uses of financial derivatives. Prerequisites: FIN 313 and FIN 314 or consent of the instructor.

FIN 534. Export-Import Financing
International complexities of exporting and importing. Emphasis on the benefits of international trade, the various ways to enter the global market, project financing, trading blocs and investment strategies, components of an export-import quotation, methods of payment, imports, exports, contracts and public and private assistance programs. Prerequisite: FIN 313.

FIN 555. Trade and Business in Asia

Practical approach to doing business with Asian countries by introducing the historical, cultural, and business environment of Asian countries. Topics also include documentation, customs clearance, shipping, the methods and instruments of payment, international commercial terms, and practices.

FIN 575. Internship in Finance
Supervised work and study in private or public organizations. May be repeated once for credit. Graded credit/no credit. Prerequisites: Consent of instructor and college.

FIN 585. Real Estate Finance
Financial aspects of real estate investment, including analysis of investment characteristics, lending environment, financial instruments, and effective loan proposals. Prerequisite: FIN 313 or consent of instructor.

FIN 590. Seminar in Finance
An intensive study of some phase of accounting or finance to be developed by the instructor. May be repeated for credit as topics change.

FIN 595. Independent Study in Finance
Special topics involving library and/or field research. A total of 10 units in any College of Business and Public Administration 595 may be applied toward graduation. Prerequisites: a minimum overall GPA of 3.0, consent of project instructor, and approval by the department of a written proposal submitted to the appropriate department in the College of Business and Public Administration on a standard application filed in advance of the quarter in which the course is to be taken.