ACC - ACCOUNTING 1CoursesACC - AccountingACC 201 - Accounting Principles I (3)Emphasizes the process of generating and communicating accounting information in the form of financial statements to thoseoutside the organization. No prerequisite.Crosslisted as: ACC.ACC 202 - Accounting Principles II (3)Emphasizes the process of producing accounting information for the internal use of a company's management. Prerequisite:ACC-201.Crosslisted as: ACC.ACC 203 - Accounting for Business (3)A course in basic accounting including an emphasis on understanding how systems work, analysis of transactions, journals andledgers, financial statements, and accounting information as a management tool.ACC 210 - Using Spreadsheets in Accounting (3)This course introduces the student to the Microsoft Spreadsheet application. The course provides intensive training in the use ofspreadsheets on microcomputers for the accounting profession. The student is taught to automate many of the routineaccounting functions. The student will also be taught how to develop spreadsheets for common business functions.Crosslisted as: ACC.ACC 220 - Payroll Accounting and Taxation (3)This is a comprehensive payroll course in which federal and state requirements are studied. This includes computation ofcompensation and withholdings, processing and preparation of paychecks, completing deposits and payroll tax returns,informational returns, and issues relating to identification and compensation of independent contractors. In addition, studentswill overview electronic commercial systems such as ADP, as well as review the requirements for certification through theAmerican Payroll Association (APA).Crosslisted as: ACC.ACC 230 - Business Taxation (3)This course is an introduction to the federal tax system. This includes the basic income tax models, business entity choices, thetax practice environment, income and expense determination, property transactions, and corporate, sole proprietorship, andflow-through entities. In addition, individual and wealth transfer taxes will be overviewed.Crosslisted as: ACC.ACC 304 - Current Topics in Accounting (1)A seminar class with the objective of using a current book and/or articles as the basis for discussing new ideas or issues facingthe accounting profession. In addition to raising awareness of new ideas and issues, the course requires each student to evaluatethe practical application of these new ideas and issues in relation to their discipline. The course may be repeated for a total of 3hours. Prerequisite: Admission to the Division.Crosslisted as: ACC.ACC 310 - Accounting Decisions for Managers (3)During this course students will integrate planning and integrating managerial accounting concepts into tactical and strategicbusiness decisions for controlling purposes. This course will include appraisal of business decisions using the cost volumeprofit analysis and will integrate managerial accounting concepts, systems, and tools using a biblical perspective.Crosslisted as: ACC.
2 INDIANA WESLEYAN UNIVERSITY 2019-2020 CATALOGACC 311 - Intermediate Financial Accounting and Reporting I (3)A study of the theoretical foundation and concepts related to financial accounting and reporting. Specific topics includeaccounting information systems, income statement, balance sheet and reporting standards for cash, receivables, inventories,plant assets, depreciation and the statement of cash flows. The course also includes a study of financial accounting andreporting similiarities and differences related to the convergence of GAAP and International Accounting Standards. Coursecontent will be updated to reflect the CPA Exam Blueprint. Prerequisites for Pre-Accounting Majors: ACC-202 and a minimumcumulative GPA of 2.5. Prerequisites for all other majors: Admission to the DeVoe Division of Business.Crosslisted as: ACC.ACC 312 - Intermediate Financial Accounting And Reporting II (3)A study of the theoretical foundation and concepts related to financial accounting and reporting. Specific topics includestockholders' equity, leases, current and long-term liabilities, revenue, recognition, income taxes, pensions, error analysis, andthe statement of cash flows. The course also includes a study of financial accounting and reporting similarities and differencesrelated to the convergence of GAAP and International Accounting Standards. Course content will be updated to reflect the CPAExam Blueprint. Prerequisites for Pre-Accounting majors: ACC-311 and a minimum cumulative 2.5 GPA. Prerequisites for allother majors: ACC-311 and Admission to the DeVoe Division of Business.Crosslisted as: ACC.ACC 341 - Managerial Cost Accounting I (3)An examination of the management information needs for effective decision-making and the managerial accounting systemdesigned to meet those needs. Emphasis is placed on cost behavior and the determination of an organization's long-term, totalproduct costs and total service costs for strategic decisions. Prerequisites: Admission to the Division and ACC-202.Crosslisted as: ACC.ACC 342 - Managerial Cost Accounting II (3)An examination of the management information needs for effective decision-making and the managerial accounting systemdesigned to meet those needs. Emphasis is placed on control systems and the motivation, measurement, and evaluation of shortterm and long-term performance. Prerequisites: Admission to the Division and ACC-341.Crosslisted as: ACC.ACC 371 - Federal Income Tax I (3)A comprehensive study of the federal income tax structure as primarily related to individuals. Prerequisites: Admission to theDivision and ACC-202.Crosslisted as: ACC.ACC 372 - Federal Income Tax II (3)A comprehensive study of the federal income tax structure as related primarily to business returns and related topics, includingpayroll taxes, estates, and trusts. Prerequisites: Admission to the Division and ACC-371.Crosslisted as: ACC.ACC 381 - Accounting Internship (1 to 3)An opportunity for advanced students to obtain valuable work experience and gain expertise in relating classroom material toactual business endeavor. A professional quality paper analyzing one or more business applications will be prepared underdepartmental faculty supervision. Prerequisites: Admission to the Division and ACC-312.Crosslisted as: ACC.ACC 390 - International Business (3)Prepares student to cope with business decisions and business strategies needed to transact business in a foreign land. Theinfluence of cultural, economic, political, and social differences on decision-making will be explored. In addition, complexitiescreated by differing values and beliefs will be evaluated. How such issues impact an American business in an internationalsetting will be carefully studied. Intercultural credit may be met by successfully completing ACC-390. Prerequisite: Admissionto the Division.
ACC - ACCOUNTING 3Crosslisted as: ACC.ACC 399 - Service Learning (1 to 3)Service-Learning is an educational experience in which students participate in organized service activities that meet identifiedcommunity and/or university needs. Prerequisite: Admission to the Division.Crosslisted as: ACC.ACC 410 - Accounting Information Systems (1 to 3)This course is designed to provide a broad awareness of the concepts of accounting information systems. Topics consideredinclude data integrity, data-flow, information-flow, information technology, and how these items impact managerial decisionmaking. Prerequisites: Admission to the Division and ACC-311.Crosslisted as: ACC.ACC 423 - Auditing (3)Auditing principles and procedures used in the examination of financial statements and the underlying accounting records toexpress an opinion as to their fairness and consistency. Prerequisites: Admission to the Division and ACC-312.Crosslisted as: ACC.ACC 430 - Accounting Ethics (3)Students completing this insightful course will have a comprehensive understanding of and the ability to make ethical andmoral decisions involved with the accounting profession. During the course students will explore virtue ethics as a basis forunderstanding the moral expectations that are foundational principles of successful, professional accountants.Crosslisted as: ACC.ACC 451 - Advanced Accounting (3)Advanced topics in accounting, stressing accounting for consolidations, partnerships, and not-for-profit organizations.Prerequisites: Admission to the Division and ACC-312.Crosslisted as: ACC.ACC 471 - Independent Learning in Accounting (1 to 3)An opportunity for advanced students to pursue further study in an accounting field of interest in which they have exhaustedcatalog offerings. Prerequisites: Admission to the Division, Senior Standing, and ACC-312.Crosslisted as: ACC.ACC 488 - Special Topics in Accounting (1 to 3)This course covers one or more special topics in Accounting that is not covered in the normal curriculum. It is always offeredwith a subheading describing the specific topic(s) to be covered and is repeatable under a different subheading. Prerequisite:Permission of the instructor.ACC 490 - Accounting Full-Time Internship (9 to 15)An opportunity for accounting majors to experience the professional responsibilities of the CPA in a public accounting firm (orthe accounting department or not-for-profit organization) during a semester-long full-time internship. This work experience isintended to provide the accounting major with opportunities for intensive observation of business and accounting principles inaction as well as engagement in the critical thinking and problem solving aspects of the accountant's professional life.Prerequisite: Admission to the Division and ACC-312.ACC 491 - Accounting Information Systems (3)A capstone accounting course focusing on current issues and special topics. Student-led discussions and presentations, as wellas guest speakers, are used extensively in the classroom portion of the course which provides two hours of credit. Studentsprepare presentations, oral and written, to satisfy the third credit hour. Prerequisite: ACC-423 and ACC-451.Crosslisted as: ACC.
4 INDIANA WESLEYAN UNIVERSITY 2019-2020 CATALOGACC 549 - Financial Statement Preparation and Analysis (3)This course demonstrates financial statement preparation for proprietorships, Subchapter S corporations, partnerships andselected not-for-profit organizations including healthcare in accordance with Generally Accepted Accounting Principles.Accounting principles and applications relevant to Other Comprehensive Basis Of Accounting (or OCBOA) systems will alsobe presented.Crosslisted as: ACC.ACC 552 - Auditing and Fraud Detection (3)Students will learn the auditing process and applicable auditing standards for non-publicly traded companies. This coursecovers the Sarbanes Oxley Act of 2002, which requires accuracy and reliability in public disclosures pursuant to securities lawsand its impact on internal control and management. Students will learn to identify occupational fraud and financial statementfraud. This course includes a financial statement fraud simulation.Crosslisted as: ACC.ACC 554 - Business Structure and Taxes (3)This course reviews applicable tax policy for small business and how selecting the form of business entity can impact on the taxliability. The impact of specific tax regulations on the business will be examined including payroll taxes, employee vs.independent contractor rules and more.Crosslisted as: ACC.ACC 556 - Accounting Information Systems and Control (3)This course defines information systems from the perspective of the organizational manager. Students will learn and applyinternal controls to the business process and will understand electronic business systems and related internal controls. Variousbusiness processes will be presented including: Order Entry/Sales; Billing/Accounts Receivable/Cash Receipts; Purchasing;General Ledger and Business Reporting (financial statements). This course includes an accounting systems simulation.Crosslisted as: ACC.
ACCT - ACCOUNTING 5ACCT - AccountingACCT 500 - Critical Thinking and Business Communications for Accountants (3)Students in this course will learn the critical thinking process and its application to the decision-making that occurs as part oforganizational accounting functions. Drawing on their assessment of underlying assumptions, cognitive bias, and organizationalbarriers, students will increase their collaborative problem-solving and analytical abilities, demonstrate effectivecommunication practices, and explore the use of conventional and contemporary communication tools in informing decisionmaking in the accounting environment. Biblical principles will be integrated throughout the course.Crosslisted as: ACCT.ACCT 510 - Managerial Accounting (3)Students in this course study the theory and application of managerial accounting by differentiating product costs as determinedthrough job order versus process costing systems, evaluating managerial decisions using activity based costing, developingoptimal sources using a variety of incremental costing and cost-volume-profit tools, and creating operating budgets that supportorganizational goals. Students will evaluate managerial accounting through the use of standard costing and variance analysisand will integrate Biblical principles into accounting processes and reports. Prerequisite: FINC-525Crosslisted as: ACCT.ACCT 511 - Ethics and Business Law for Accountants (3)Students in this course will recommend the ethical and professional action in potentially unethical situations, assess the impactof potentially unethical behavior of clients on the services being performed, demonstrate the importance of identifying andadhering to requirements, rules, and standards, and evaluate the economic substance of client transactions through theapplication of business law. Students will evaluate the legal structure of an entity to determine the implications of applicablelaws and regulations on how a business is organized, governed, and operated. A biblical worldview will be integrated into allaspects of accounting reporting and decision-making.Crosslisted as: ACCT.ACCT 512 - Financial Accounting Theory and Issues (3)Students in this course will integrate financial theory into the practice of financial reporting using the FASB AccountingStandards Codification; prepare consolidated financial statements on the basis of GAAP and IFRS accounting principles;analyze financial statements including analysis of accounts, variances, trends, and ratios; evaluate assumptions and methodsunderlying estimates, including fair value measures of financial statement components; design financial statement reports inorder to meet regulatory requirements; and determine appropriate accounting treatment for new or unusual transactions. Abiblical worldview will be integrated throughout the accounting and financial reporting process.Crosslisted as: ACCT.ACCT 513 - Accounting Information Systems and Control (3)Students in this course will evaluate the information systems within a business that are used to process and accumulatetransactional data; assess the effectiveness of an organization's internal control systems, including system design, controls overdata, transaction flow, wireless technology, and internet transmissions; evaluate whether there is appropriate segregation ofduties, levels of authorization, and data security in an organization to maintain an appropriate internal control structure; assessdata accumulation and information flow through the major cycles of an accounting system; and implement effective internalcontrol systems. A biblical worldview will be integrated throughout the entire course.Crosslisted as: ACCT.ACCT 514 - Advanced Auditing (3)Students in this course will evaluate the key requirements of the Sarbanes-Oxley Act, integrate auditor and managementresponsibilities with auditing procedures to meet audit objectives, evaluate internal controls for effectiveness, evaluate financialstatements through comprehensive audit procedures including the use of computer aided audit techniques, and create auditreports that fairly and accurately represent the financial status of an organization. A biblical worldview will be integratedthroughout all accounting and audit processes.Crosslisted as: ACCT.
6 INDIANA WESLEYAN UNIVERSITY 2019-2020 CATALOGACCT 515 - Advanced Tax Theory and Research (3)Students in this course will apply analytical reasoning tools to assess how taxes affect economic decisions, evaluate the impactof multijurisdictional tax issues on federal taxes, analyze information and identify data relevant for tax purposes, determinealternative tax treatments based on research and write recommendations to optimize client outcomes. A biblical worldview willbe integrated into all aspects of accounting reporting and decision-making.Crosslisted as: ACCT.ACCT 516 - Forensic Accounting and Fraud Examination (3)Students in this course will assess situations for the characteristics of fraudulent activities, evaluate the evidence to determinepotential types of fraud within the organization, integrate all evidence to detect and investigate the presence of fraud, anddevelop the body of evidence, using forensic accounting, required to prosecute the perpetrator. Students will recommendimprovements to the internal controls to reduce potential fraudulent activities. A biblical worldview will be integratedthroughout the forensic accounting and fraud detection process.Crosslisted as: ACCT.ACCT 517 - Corporate Taxation (3)Students in this course will evaluate the tax implications and create tax returns for corporations doing business in different legalstructures, calculate and assess proper employer withholding taxes and file appropriate returns, and evaluate the impact ofdepreciation, cost recovery, amortization and depletion on tax liability for single, multi-state corporations, and internationalcorporations. Students will evaluate estate and trust tax liability, determine the liabilities on taxable federal gifts, and assess thetax impact of partial or complete liquidation and disposal of assets. A biblical worldview will be integrated throughout theentire course.Crosslisted as: ACCT.ACCT 520 - Advanced Managerial Accounting (3)Students in this course study the theory and application of managerial accounting by creating product costing strategies thatoptimize organizational performance, support internal investment decisions using capital budgeting techniques, and createsourcing and transfer pricing policies using a variety of incremental costing and cost-volume-profit tools. Students willintegrate costing activities with operating and cash budgets that support organizational goals and evaluate organizationalperformance using balanced scorecard and other holistic methods. Biblical and ethical principles will be integrated throughoutthe course.Crosslisted as: ACCT.ACCT 590 - Accounting Capstone (3)This course presents opportunities for students to demonstrate an integrated understanding of sound accounting principles,biblical and ethical standards, and best practices in management. Students will complete a previously approved project thatinvolves a product, service, or organizational unit as the focus for development of an accounting system or resolution of anaccounting problem. Working in close consultation with the course instructor, students will formulate and defend a plan ofaction for the identified opportunity or problem and prepare a formal presentation of the completed project. Prerequisite:successful completion of all core coursesCrosslisted as: ACCT.ACCT 591 - Accounting Seminar: Governmental and Non-Profit Accounting (3)Students in this seminar course will review selected current issues in accounting for advanced study which include the uniqueaccounting requirements of governmental and non-profit organizations. As part of this study, students will select financialaccounting and reporting methods, prepare comprehensive annual financial reports for governmental and appropriate financialstatements for non-profit organizations, together with applicable notes. Students will evaluate assumptions and methodsunderlying estimates, including fair value measures of financial statement components and determine appropriate accountingtreatment for new or unusual transactions used by governmental and non-profit organizations. A Biblical framework will beintegrated throughout the course.Crosslisted as: ACCT.
ACCT - ACCOUNTING 7ACCT 730 - Financial Reporting (4)In this course, students will evaluate financial reporting methodologies that solve financial reporting problems suitable for thechanging global marketplace using new applications of theory or changes in standards and their impact on financial reporting.Students will justify the practice of financial reporting and related technical issues, evaluate sustainability accounting andreporting, and create a personal code of ethics in reporting that is in alignment with the Virtuous Business Model.ACCT 731 - Accounting in the Global Marketplace (4)In this course, students will interpret accounting standards across the global workplace and analyze new applications of theoryor changes in standards and their impact on international accounting. Students will assess the convergence of internationalstandards on the U.S. GAAP and corporations, evaluate the implications of convergence between the major accountingstandards, and evaluate the impact of the Virtuous Business Model upon present international accounting standards.ACCT 732 - Advanced Topics in Management Accounting (4)In this course, students will integrate advanced topics of accounting into applications usable within the global workplace andformulate transfer-pricing policy to meet organizational needs while being in alignment with the Virtuous Business Model.Students will critique the elements of strategic management accounting, assess risk and uncertainty factors in capital projectappraisals, and incorporate nonfinancial performance measurements into financial reports.ACCT 733 - Doctoral Accounting Seminar (4)In this course, students will synthesize theoretical models and their implications to the practice of accounting and evaluate theunderlying theoretical approaches to setting standards. Students will critique the conceptual frameworks for the FASB andIFRS, assess the economic consequences of accounting standards using the Virtuous Business Model, and analyze thesignificance of the Sarbanes-Oxley Act and other U.S. and international legislation and regulations in accounting.ACCT 790 - Applied Doctoral Program Evaluation and Assessment - Accounting (4)This is the culminating course of the DBA program in which students will defend their doctoral project. Students in this coursewill integrate forward-thinking virtuous leadership into global team-based business practice, create ethical change managementsolutions and strategies for complex business problems, and evaluate new applications of theory or changes in standards andtheir impact on accounting. Students will synthesize advanced research in education, consulting, or business leadership intotheir doctoral practice in order to create new accounting knowledge for application in the global workplace. Students willintegrate a virtuous worldview into both their personal and professional lives. Prerequisite: Completion of all other requiredcourses.
8 INDIANA WESLEYAN UNIVERSITY 2019-2020 CATALOGADC - Addictions CounselingADC 202 - Principles of Addictions Counseling (4)The course provides an overview of addictions counseling, explores interpersonal and group interaction skills, and enhancespersonal and professional development as an addictions counselor. Specific content will include personality testing, goalsetting, principles of life calling, prioritizing, and time-management. The remainder of the course will address major conceptsin addictions counseling balanced by a Christian understanding of the human condition.Crosslisted as: ADC.ADC 210 - Addictions Theory (3)This course is intended to introduce the student to the major theories of addiction and compulsive behaviors. Students willconsider addictions and case examples from a variety of theoretical perspectives. In addition to the substance addiction, thiscourse will introduce the following topics: eating disorders, sexual compulsivity,and pathological gambling. This course willexamine addictions from biological, psychological, social and spiritual domains. Additionally, individual, family, and culturalperspectives will be explored. This course will emphasize familiarity with the current research in the addictions counselingfield.Crosslisted as: ADC.ADC 212 - Psychopharmacology (3)This course is intended to introduce the student to drug administration, absorption, movement, and drug-receptor interactions.Students will learn the psychoactive properties of each class of psychoactive drugs including the respective withdrawabstinence syndromes. Students will become familiar with current research in regard to biochemical abnormalities and theirproposed role in behavioral disorders. Students will also become familiar with the etiology and treatment of co-occurringdisorders. The course will also provide an overview of clinical practice guidelines for treating psychological and substance usedisorders, including the use, strengths and limitations of pharmacologic treatments.Crosslisted as: ADC.ADC 291 - Urban Encounter for the Helping Profession (1)This course is intended to provide students with an urban, cross-cultural experience as well as exposure to the diversity anduniversality of human experience and behavior. The experience involves a weekend spent in Chicago touring treatmentfacilities and cultural sites, completion of pertinent readings prior to the experience, and a final reflection paper. Thisimmersion experience will facilitate a greater understanding of those who are culturally different as well as the complexitiesassociated with racism, poverty, substance dependence, and mental illness. Students will reflect on the impact of thisexperience in terms of their own personal development, the helping profession, their faith, and sense of life calling.Crosslisted as: ADC.ADC 310 - Addictions Counseling Skills (3)This course is designed to familiarize the student with the eight practice dimensions necessary for effective performance as anaddictions counselor: clinical evaluation; treatment planning; referral; service coordination; counseling; client, family andcommunity education; documentation; and professional and ethical responsibilities. These dimensions along with theirassociated 12 core competencies, as defined by the Substance Abuse and Mental Health Services Administration (SAMHSA),are the established national standards for addiction counseling practice. These standards are also utilized by state and nationaladdictions counselor certification/license examinations. In this course, the student will develop entry level knowledge and skillsacross the eight practice dimensions that will help ready them for entering the addictions counseling field. Considerableemphasis will be placed on evidenced-based practices.Crosslisted as: ADC.ADC 320 - Theory and Practice of Group Counseling (3)The course is intended to introduce the student to the basic issues of group therapy and group therapy with substance abusers.Emphasis will be given to understanding the group process, artful group facilitation, and tailoring interventions to work withclients in the various stages of the change process. Students will become familiar with the 11 therapeutic factors as outlined byYalom. The course will include an experiential component, with all students participating in an actual group experience.
ADC - ADDICTIONS COUNSELING 9Students will develop an understanding of group process issues, group facilitation skills, and the merits of curriculum-basedgroup treatment.Crosslisted as: ADC.ADC 330 - Counseling Addicted and Dysfunctional Family Systems (3)The course is intended to familiarize the student with a systems view of substance abuse and family life. Students will compareand contrast individual and systemic orientations to assessments, case conceptualization, and intervention. Students will learnthe essential characteristics of working systemically as well as the advantages and disadvantages of this approach. This coursewill address common relational patterns in substance dependent families, systemic approaches to facilitating change, andrecovery as a developmental process. Students will examine the various schools of family therapy and the importance ofcultural competence.Crosslisted as: ADC.ADC 410 - Addictions Seminar (1 to 2)Addictions Seminar is a seminar for upper-class addictions majors focusing on special topics and current issues in theaddictions field. This course is intended to expose students to visiting lecturers or adjunct faculty with clinical expertise ingambling, sexual compulsivity, eating disorders, 12- step recovery, substance abuse prevention, or other areas. AddictionsSeminar may be repeated to earn up to four (4) credit hours. This course may be taken by non-ADC majors with the consent ofthe Addictions Studies Department.Crosslisted as: ADC.ADC 411 - Addictions Seminar-Prevention (1)This course will provide the student an understanding of the risk and protective factors for the onset of substance abusedisorders and how these may be targeted in the early intervention activities of preventive counseling and best-practiceprevention programming. Program funders and school systems increasingly want services that prevent problems fromoccurring. Participants in this course will learn the skills needed to be effective in these settings. Participants will learn skillsthat are applicable at the American Society of Addiction Medicine's Early Intervention level of care (0.5).Crosslisted as: ADC.ADC 412 - Addictions
will overview electronic commercial systems such as ADP, as well as review the requirements for certification through the American Payroll Association (APA). Crosslisted as: ACC. ACC 230 - Business Taxation (3) This course is an introduction to the federal tax system. This includes the basic income tax models, business entity choices, the