College of Business Administration
Department Chair: Kenneth Winter
405 Wimberly Hall, 608-785-8093
Associate Professors: Burrowes;
Eide, Hendricks, Kastantin, Winter; Lecturer: Bice.
The department of accountancy
endorses the College of
Business Administration mission and objectives and the mission of the
University of Wisconsin-La Crosse. The department’s mission is to
develop accounting professionals. By emphasizing continuous engagement in
research and service to the profession, accountancy department members will
create a teaching and advising environment that ensures that capable
students reach their professional potential.
(College of Business Administration) — 28 credits including ACC
321*, 322, 325, 327, 330, 418, 421, 430 and 438. Students should not
normally take more than two additional accountancy courses. In addition,
0-6 credits of ACC 450, Internship, may be taken in the major. Students
graduating with a major in accountancy and 150 credits are eligible to take
the CPA examination.
* Accountancy majors are
allowed and encouraged to
register for ACC 321,
Intermediate Accounting I,
before being admitted to the
Additional requirements for accountancy
1. A cumulative grade point average of
the College of Business Administration core; and
2. A cumulative grade point average of 2.50 in the
following accountancy courses: 321, 322, 325, 327, 330, 418, 421, 430, and
On January 1, 2001,
Wisconsin joined 48 other states and jurisdictions (Minnesota’s
requirement will become effective on July 1, 2006) in requiring 150 college
credits to take the CPA exam. UW-L has adopted a flexible approach to the
150-hour rule. Students who wish to sit for the CPA exam can complete
UW-L’s AACSB accredited MBA program within the additional 30 credits
or they can take courses at the undergraduate level to develop
professionally. An additional major or minor is not required.
(College of Business Administration) — 13 credits
including ACC 321, 322, plus any two additional accounting courses numbered
300 or above.
Credit by Examination
The department offers students the opportunity to
attempt “credit by examination” for ACC 221, 222, and 235.
Information about the examination is available from the
ACC 221 Cr. 3
Accounting Principles I
An introduction to accounting as an information
system. Emphasis is on reporting to external constituencies: investors,
creditors, and governmental agencies. Topics include recording economic
activities of the firm and the resultant financial reports, federal income
taxation, and time value of money. Prerequisite: Students must have
successfully completed a minimum of 12 credit hours.
ACC 222 Cr. 3
Accounting Principles II
Emphasis is on reporting to internal constituencies:
managers in all functional areas of the firm. An introduction to accounting
principles used to prepare internal financial reports used for management
decision making. Topics include cost determination and flow,
cost-volume-profit analysis, absorption and variable costing, capital
budgeting, and cash flow analysis. Prerequisite: ACC 221 completed with a
grade of “C” or better.
ACC 235 Cr. 3
Survey of Accounting
Basic accounting principles and procedures; the
accounting equation, analysis of transactions and accounting cycle.
Introduction to financial, managerial and tax accounting concepts and
procedures for non-profits and governmental entities. Prerequisite:
Students must have successfully completed a minimum of 12 credit hours (not
open to students in the College of Business Administration.).
The 300/400 level accountancy courses are open only to
those students who have been admitted to the business program. Exceptions
to this policy may be made only by the College of Business Administration
dean. (Accountancy majors will be allowed to register for ACC 321,
Intermediate Accounting I, without having been admitted to the business
ACC 301 Cr. 3
Taxation for Non-Accountants
An introduction to the basic concepts of many types of
taxes affecting the individual with primary emphasis placed on federal
income tax. Selected other taxes studied include property taxes, sales
taxes, payroll taxes, gift and estate taxes. (Not open for credit for
accountancy majors.) Offered Sem. I.
ACC 321 Cr. 4
Intermediate Accounting I
Generally accepted accounting principles involved in
the financial analysis and reporting on current assets, plant and
equipment, intangibles, liabilities and capital of the accounting entity.
An introduction to the theory and application of generally accepted
accounting principles and the environment in which the principles were
developed. Prerequisite: ACC 222.
ACC 322 Cr. 3
Intermediate Accounting II
An extension of the theory and application of
accounting principles involved in the financial analysis of assets,
liabilities and owners equity of the accounting entity. Problem areas in
accounting and financial reporting are emphasized. Prerequisite:
ACC 325 Cr. 3
A specific study of job order and process cost systems
used in the costing of a product, integrated with the use of standard and
estimated cost concepts in the operation of these systems. The relationship
of budgeting to profit planning and business control. Prerequisite: ACC 222
ACC 327 Cr. 3
Accounting Information Systems
Procedures and problems in system design applied to
the financial operations of a business and the role of the computer in
information. Topics covered are responsibility accounting
systems, inventory systems, sales analysis systems, and internal control.
Prerequisite: ACC 321 and I-S 220.
ACC 330 Cr. 3
A study of basic tax law affecting individuals and
businesses. This course includes basic tax research, tax planning and tax
return completion issues. Prerequisite: ACC 222.
ACC 350 Cr. 2
Income Tax Practicum
Field instruction and practical experience in
and state income tax preparation. Prerequisite: Minimum grade of B in
either ACC 301 or 330. Repeatable for credit –– maximum 4.
Pass/Fail grading. Offered Sem. II.
ACC 400/500 Cr. 1-3
Emphasis will be on examination and study of current
accountancy issues. Topics will vary from semester to semester.
Prerequisite: consent of accountancy department chairperson. Repeatable for
credit — maximum 6. Offered occasionally.
ACC 418/518 Cr. 3
Business Law for Accountants
The study of law as it relates to the professional
accountant’s need for an understanding of the legal environment.
Among topics included are accountant’s legal responsibility, federal
security regulation, antitrust laws, employer-employee
bankruptcy, forms of business organization, estates and trusts, commercial
paper, contracts and insurance. Prerequisite: MGT 205 and senior
accountancy major. Offered Sem. I.
ACC 421/521 Cr. 3
Theory and principles of accounting as they relate to
the environment of financial reporting and the definition of the reporting
entity. Complex business combinations are considered under the purchase and
pooling-of-interests methods of reporting for mergers, consolidations, and
relationships. Reporting for advanced partnership
problems, fiduciary responsibilities, and governmental and not-for-profit
organizations in consideration of the legal nature of each entity and its
particular financial reporting environment. Prerequisite: ACC 322. Offered
ACC 425/525 Cr. 3
Advanced Managerial Accounting Problems
A detailed analysis of costs relevant to non-
routine and long range planning, capital budgeting,
joint costing, production mix and yield variances, uncertainty in decision
making involving subjective probabilities and the role of cost accounting
in operations research. Prerequisite: ACC 325. Offered
ACC 427/527 Cr. 3
Advanced Accounting Information Systems
A study of the total information systems approach to
the analysis, design, implementation and use of accounting information
systems with an emphasis on computer based systems. Builds on the design
principles introduced in ACC 327. Prerequisite: ACC 327. Offered
ACC 430/530 Cr. 3
A study of advanced tax law affecting individuals and
businesses. This course will include advanced tax planning and research.
Prerequisite: ACC 330.
ACC 435/535 Cr. 3
Governmental and Institutional Accounting
A study of accounting techniques as applied to the
accounting systems of a governmental unit: federal, state and local or
political subdivisions and public institutions such as schools, hospitals
and other not-for-profit institutions. Emphasis is placed on fund
accounting as distinguished from profit-motive accounting. Prerequisite:
ACC 222 or 235. Offered occasionally.
ACC 438/538 Cr. 3
Principles of Auditing
Auditing concepts, standards and procedures, ethics
and legal requirements, scope, objectives and nature of the audit.
Statistical sampling in auditing, audits of electronic systems, the
auditor’s role in tax and management advisory services.
Prerequisite: MTH 145 and ACC 322, 327.
ACC 440/540 Cr. 3
Special auditing problems related to procedures in
auditing plant and equipment, liabilities and capital accounts. Preparation
of auditing programs, internal control questionnaires and financial
reporting given considerable emphasis. Recent trends and procedures in
auditing, professional ethics and legal liability will also be included.
Prerequisite: ACC 438. Offered occasionally.
ACC 445/545 Cr. 3
A study of accounting theory including its
historical development. Included are a critical
evaluation of concepts, assumptions, principles and analytical
methodologies of accounting and their application to factual situations and
current developing problems. Topics covered include asset valuation and
income determination stressing the implication for internal and external
uses of accounting information in business decision making. Prerequisite:
ACC 322 and 325.
ACC 446/546 Cr. 3
Accounting and Managerial Control for Non-Profit
A study of planning and control of government
non-profit organizations. Topics covered include the nature of a management
control system, programming, budgeting, accounting, internal control and
financial reporting. Prerequisite:
ACC 435. Offered occasionally.
ACC 447/547 Cr. 3
A study of accounting problems faced by multinational
firms doing business in both the U.S. and other countries. Course covers a
broad range of issues including problems of operating with three different
versions of generally accepted accounting principles (GAAP), translation of
financial statements for consolidation purposes, foreign currency
transactions, and foreign exchange markets and instruments. Prerequisite:
ACC 221, 222, and
FIN 355. Offered Sem. II.
ACC 450 Cr. 1-6
College of Business Administration Internship
The internship program as conceived and implemented is
an unusual program designed to
provide an opportunity for students in the College of
Business Administration at the University of Wisconsin-La Crosse to
participate in an approved program with a cooperating business,
governmental or civic organization for usually 15 weeks of their
undergraduate work. Zero to six credits of ACC 450, College of Business
Administration Internship, applicable to accountancy major. For additional information, see internship description under
the College of Business Administration heading. Repeatable
for credit. Pass/Fail grading.
ACC 499 Cr. 1-3
Individual readings or research under the guidance of
a staff member. Open to selected advanced students who have excellent
records in the department. Registration with the consent of the
student’s regular adviser, the instructor and the department
chairperson. Repeatable for credit — maximum 6. Pass/Fail