Bachelor of Science (Tennessee residents will receive a Bachelor of Applied Science Degree.)

Business Accounting Technology - Financial Accounting Option and Internal Controls Option (Online Bachelor's Program)

The fundamentals of accounting and business operations are important in many economic endeavors. The Business Accounting Technology program blends accounting concepts and skills, financial applications and elements of business with accounting technology. This blend offers students a practitioner-oriented program of study that can help them prepare to function in a variety of business atmospheres. Critical thinking, accounting technology and professional and interpersonal communication are also elements of this program.

The Financial Accounting option of the Business Accounting Technology program includes instruction on computerized accounting, basic accounting principles and financial accounting applications. Students will have the opportunity to create, analyze and interpret financial data and statements. Upper-level courses enhance the study of accounting and expand into areas such as cost accounting and budgeting, financial analysis, taxation and auditing, and accounting information systems. The program also includes a background in business data networks, business information systems, business organization, business law and professional communications.

The Internal Controls option of the Business Accounting Technology program includes instruction on computerized accounting, basic accounting principles and financial accounting applications while emphasizing procedures and processes to recognize and prevent financial fraud and improper earnings management. This option focuses on internal control and fraud examination conducted through auditing accounting practices and analyzing financial statements to investigate fraud indicators and earnings mismanagement.

The program can help graduates prepare for a business accounting career and pursue entry-level positions in fields involving accounting or finance. Graduates can develop knowledge and skills to work in such areas as management advisory services, income tax and auditing, budgeting, cost accounting and general accounting.

If you would like an ITT Tech representative to contact you about this program, please click here

Refer to the Admission section of this catalog for information relating to Admission Requirements and Procedures for this program.

Prior to starting any of the online courses in this program, the student must complete the online course orientation, which describes the protocols that the student must follow when taking an online course.

The student is responsible, at his or her expense, for providing all supplies and equipment for the students use in the online courses in the program, including, without limitation, a computer (and the associated accessories and peripheral equipment, including without limitation, a monitor, keyboard and printer), software and Internet service.

All of the courses offered at the school in this program are distance education courses and are taught online over the Internet, rather than in residence at the school. Each course will be taught over a period of either (a) six weeks or (b) 12 weeks, as determined by the school from time to time in its discretion. Courses are delivered through an asynchronous learning network. There is a prescribed completion schedule for the activities in each course. Support materials for each course will be sent to the student. These materials may include a course syllabus, a textbook(s), a CD-ROM(s) and other printed documents required for the course. Students will be assigned to a class for each course. Students in each course will interact with their classmates and the instructor through discussion board and e-mail systems.

Online Student Preparation - Prior to starting any of the online courses in this program, the student is encouraged to complete the online student preparation, which describes the protocols that the student must follow when taking an online course.

View all online courses

The student must have access to a computer (and the associated accessories and peripheral equipment), software and Internet service that satisfy the following specifications:

Minimum Requirements for Computer: Pentium III or equivalent PC-compatible (MacIntosh or Unix-based machines are not supported), 256MB RAM (512MB preferred), CD-ROM, 2GB free space (5GB preferred) on master hard drive.

Minimum Requirements for Software: Windows XP or 2000 (or higher), Microsoft Office Professional 2003 (or higher), Internet Explorer 6.0 (or higher), and functional e-mail address with file attachment capabilities. The student will be required to obtain any software tools, plug-ins and/or applications identified in the course syllabus for any course in the program of study.

Minimum Requirements for Internet Service: 56Kb modem (Cable or DSL connection strongly preferred).

The student is obligated for any expense associated with obtaining access to the above specified computer equipment, software and Internet service. No school-owned computer equipment, software or Internet service will be accessible to the student.

Classes generally range in size from 15 to 25 students. Depending on the course subject matter, certain classes may contain a greater or lesser number of students.

This program of study offers two options of coursework for a student to pursue. All of the courses (as such courses may be revised or modified from time to time by the school in its discretion) in one of the following options must be successfully completed.

Financial Accounting Option

Course Number Course Credit Hours
----------
Unspecified General Education Courses+
48
GE273
Microeconomics+

This course introduces the economic way of thinking as it provides the basic principles of microeconomics. It is the study of choices made by households, firms, and government and how these choices impact the market economy. Prerequisites: GE117 Composition I or equivalent, GE127 College Mathematics I or equivalent

(close)
4
GE274
Macroeconomics+

Building on the concepts of microeconomics, this course is the study of aggregate economic activity. Students will apply the basic principles to measures of economic performance and to explain economic phenomena such as unemployment, inflation and economic growth. Prerequisite: GE273 Microeconomics or equivalent

(close)
4
Subtotal 56.0
Course Number Course Credit Hours
BU111
Accounting I+

This course addresses fundamental concepts of accounting and lays a foundation for all other financial accounting courses. Focus is on the principles of accounting, accounting cycles, procedures, concepts and methods. Prerequisite: TB184 Problem Solving or equivalent

(close)
4
BU112
Accounting II+

This course builds on the Accounting I course by integrating financial statements and the related accounting assumptions and principles. Emphasis is on uses and purposes of various accounting and financial statements and an overview of automated and accounting information systems. Prerequisite: BU111 Accounting I

(close)
4
BU121
Introduction to Business In a Global Society+

This foundational course presents an overview of the functions of business in a contemporary global, information and technical environment.

(close)
4
BU131
Business and Information Systems+

This course integrates fundamentals of information systems and technology with aspects of business operation and management. The importance of information systems and its relationship to business operations from an end-user perspective is also addressed in this course. Prerequisite: TB143 Introduction to Personal Computers or TB145 Introduction to Computing or TB150 Computing and Productivity Software

(close)
4
BU213
Financial Accounting: Reporting and Analysis+

This course focuses on financial statement analysis and offers an overview of the tools of financial analysis by studying financial statement reporting and analysis from a liquidity, solvency and profitability perspective in relation to performance measurement. Prerequisite: BU112 Accounting II

(close)
4
BU214
Fundamentals of Tax Preparation+

This course studies how taxes interrelate with financial accounting by distinguishing between taxation and financial accounting aspects in business transactions. Focus is on tax preparation, types of taxes and tax law. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU222
Business Law and Regulation+

This course offers a basic foundation in business law and regulation in a variety of areas, including bankruptcy, employment, consumer and contract law. Instruction on ethics, social responsibility and technology is integrated throughout the course. Prerequisite: GE217 Composition II or equivalent

(close)
4
BU232
Business and Database Applications+

This course presents concepts and principles of database development and administration in relation to business applications. Focus is on data mining and analysis for business operations, and database development processes and administration. Prerequisite: BU131 Business and Information Systems

(close)
4
BU233
Business and Data Networks+

This course addresses the role of data interchange and internetworking technologies in business operations. Blending technical and managerial concepts, this course offers an overview of the impact of data communication and networks in businesses and applications. Prerequisite: BU232 Business and Database Applications

(close)
4
BU241
Principles of Marketing+

Focused on customer relationships, this course introduces the student to basic principles and practices of marketing. Students explore some of the challenges faced in developing and adapting the marketing plan to the changing global environment. Prerequisites: GE117 Composition I or equivalent, BU121 Introduction to Business in a Global Society

(close)
4
BU261
Corporate Finance+

This course offers a foundation and key concepts related to corporate finance. Focus is on theory and practice of corporate finance, valuation and capital in relation to corporate internal and external financing and investment. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU271
Principles of Professional Communication+

This course lays a foundation for business communication in a wide variety of venues. Areas of instruction include electronic and hard-copy communication media, multicultural communication, and communicating with internal and external customers. Prerequisites: GE117 Composition I or equivalent, BU121 Introduction to Business in a Global Society

(close)
4
BU315
Cost Accounting and Budgeting I+

The focus of this course is on cost accounting and budgeting processes. It also includes elements that address planning, analysis, behavior and control of these processes. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU316
Cost Accounting and Budgeting II+

Based on the principles presented in Cost Accounting and Budgeting I, this course addresses important budgeting and cost accounting variables in relation to management control systems and performance measurement. Prerequisite: BU315 Cost Accounting and Budgeting I

(close)
4
BU317
Corporate Tax and Regulations+

This course addresses taxation considerations in business decision-making. Emphasis is on a framework to guide tax strategy, planning and management and the financial accounting implication of taxes on corporate operations. Prerequisite: BU214 Fundamentals of Tax Preparation

(close)
4
BU318
Accounting Practices in HR Records Management+

This course offers a foundation for integrating the functions of personnel, payroll and benefits in the context of a human resource management system. The focus is on HR data and records processing and maintenance using HRMS and accounting processes. Prerequisites: BU112 Accounting II, BU232 Business and Database Applications

(close)
4
BU334
Accounting Application to Internet Technology+

This course addresses the role and importance of the Internet in business applications and electronic data interchange. Emphasis is on the use of Internet technologies and financial electronic commerce as tools and resources in the accounting process and in the context of accounting cycles. Prerequisite: BU233 Business and Data Networks

(close)
4
BU352
Principles of Management+

This course addresses four key management functions: planning, organizing, leading and controlling. Students will be required to practice problem solving and critical thinking skills as they explore contemporary issues through the use of the Internet and the ITT Tech Virtual Library. Prerequisite: GE217 Composition II or equivalent

(close)
4
BU362
Financial Capital and Markets+

This course offers an overview of financial products, systems and institutions. Emphasis is on commercial banking and monetary operations, from investment to venture capital, and the role of the Federal Reserve. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU419
Auditing+

This course presents the fundamentals of auditing and the auditing environment. Focus is on auditing concepts, types of auditing and auditing processes. Prerequisite: BU317 Corporate Tax and Regulations

(close)
4
BU424
Principles of International Economics+

This course discusses economics concepts and business from a global prospective. Emphasis is on recent developments in international economics, intra-industry and foreign trade and global economic issues. Prerequisite: BU362 Financial Capital and Markets

(close)
4
BU435
Accounting Information Systems+

This course offers an overview of accounting software systems and technology trends and functionality. Emphasis is on information, communication and networking technology within the context of accounting cycles and transaction processing. Prerequisites: BU316 Cost Accounting and Budgeting II, BU334 Accounting Application to Internet Technology, BU362 Financial Capital and Markets

(close)
4
BU459
Strategic Management Project+

This course requires the student to apply concepts, principles and techniques presented throughout the program by completing a detailed project or participating in a comprehensive simulation. Prerequisites: All required core courses except BU425 Global Issues in Business and Economics or BU455 Business Policy and Strategy or BU464 Global Finance and Accounting

(close)
4
BU463
Corporate Analysis and Forecasting+

This course is a combination of finance, accounting and business strategy theory, and emphasizes valuation and forecast in corporate finance and analysis. Students are required to use a variety of financial statements and data for purposes of valuation and analysis. Prerequisites: BU316 Cost Accounting and Budgeting II, BU362 Financial Capital and Markets

(close)
4
BU464
Global Finance and Accounting+

This course presents fundamentals of financial accounting in a global market. Focus is on international currencies and exchange rates, trends in international trade, international monetary systems, and budgeting and finance in a multinational environment. Prerequisite: BU463 Corporate Analysis and Forecasting

(close)
4
EC311
Introduction to Project Management+

This course is an introduction to the discipline of project management. Topics include an overview of its evolution, its various processes and principles, tools and techniques and project life cycle. Students will also be introduced to a project management software. Prerequisite: TB143 Introduction to Personal Computers or TB145 Introduction to Computing or TB150 Computing and Productivity Software

(close)
4
PM332
Project Management Techniques+

This course builds on Introduction to Project Management by introducing software that will be used throughout the program. Using a step-by-step approach, students are introduced to the skills and techniques used to initiate, plan, schedule, execute, monitor and close a project. Prerequisite: EC311 Introduction to Project Management or equivalent

(close)
4
Subtotal 108.0
Course Number Course Credit Hours
TB139A
Strategies for Learning in a Technical Environment+

The course reviews characteristics and trends of the global information society and including basic information processing, Internet research, other skills used by the technical professional and techniques that can be used for independent technical learning.

(close)
4
TB141
Introduction to Productivity Software+

The course covers the fundamentals of productivity software. Emphasis is placed on word processing, spreadsheets, file management, and presentations as well as integration of productivity software.

(close)
4
TB150
Computing and Productivity Software+

The course covers the fundamentals of computing and the use of computers in communications and networks. Emphasis is placed on the use of computer technology, Internet and the World Wide Web in enterprise computing and working environments. The course will also focus on using productivity software and hands-on applications to problem solving in business and other working environments.

(close)
4
TB332
Professional Procedures and Portfolio Development+

Students are required to plan and compile their projects in the form of a portfolio. Instruction on interviewing procedures and writing business communications is also included in this course. Prerequisite: Students must have completed 72 quarter credit hours prior to taking this course

(close)
4
Subtotal 16.0
Course Number Course Credit Hours
Minimum required credit hours for the Baccalaureate Degree (Grand total)
180
Subtotal 180.0

Internal Controls Option

Course Number Course Credit Hours
----------
Unspecified General Education Courses+
48
GE273
Microeconomics+

This course introduces the economic way of thinking as it provides the basic principles of microeconomics. It is the study of choices made by households, firms, and government and how these choices impact the market economy. Prerequisites: GE117 Composition I or equivalent, GE127 College Mathematics I or equivalent

(close)
4
GE274
Macroeconomics+

Building on the concepts of microeconomics, this course is the study of aggregate economic activity. Students will apply the basic principles to measures of economic performance and to explain economic phenomena such as unemployment, inflation and economic growth. Prerequisite: GE273 Microeconomics or equivalent

(close)
4
Subtotal 56.0
Course Number Course Credit Hours
BI370
Intermediate Accounting+

This course introduces students to basic accounting theory by presenting the concepts underlying balance sheet and income statement presentations as well as reviewing the accounting process. The course emphasizes the accounting principles relating to the recording and presentation of current and long-term assets (with the exception of debt and equity investments). Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BI371
Advanced Accounting+

This course is a continuation of Intermediate Accounting and covers the accounting principles relating to the recording and presentation of current and long-term debt. Stockholders' equity transactions, computations for earnings per share, accounting for debt and equity investments, revenue recognition, accounting changes, statement of cash flows, and financial reporting disclosures are also discussed in this course. Prerequisite: BI370 Intermediate Accounting

(close)
4
BI470
Internal Auditing+

This course provides students with a basic understanding of the purposes of internal auditing, as well as how to plan and conduct the preparation of workpapers as supporting documentation in auditing. The importance of regulatory acts to the field of internal audit is covered, including the Sarbanes-Oxley Act of 2002. Different audit sampling approaches are discussed as is the generation of an audit report. Prerequisites: BI371 Advanced Accounting, BU419 Auditing

(close)
4
BI471
Forensic Accounting+

This course introduces students to the characteristics of fraudsters and the schemes they use to commit occupational fraud and abuse. Activities from "simple" theft to the complex arena of financial statement fraud are discussed as are the methods that can be used to detect such activities and to prevent them from occurring or reoccurring. Prerequisite: BI470 Internal Auditing

(close)
4
BI472
Earnings Management+

This course introduces students to the regulatory and financial market environments that give rise to earnings management activities. Financial statement analysis techniques are provided and more complex issues, such as derivatives, executive compensation and post-employment benefits are discussed in relationship to organizational risk management. Prerequisite: BU463 Corporate Analysis and Forecasting

(close)
4
BU111
Accounting I+

This course addresses fundamental concepts of accounting and lays a foundation for all other financial accounting courses. Focus is on the principles of accounting, accounting cycles, procedures, concepts and methods. Prerequisite: TB184 Problem Solving or equivalent

(close)
4
BU112
Accounting II+

This course builds on the Accounting I course by integrating financial statements and the related accounting assumptions and principles. Emphasis is on uses and purposes of various accounting and financial statements and an overview of automated and accounting information systems. Prerequisite: BU111 Accounting I

(close)
4
BU121
Introduction to Business In a Global Society+

This foundational course presents an overview of the functions of business in a contemporary global, information and technical environment.

(close)
4
BU131
Business and Information Systems+

This course integrates fundamentals of information systems and technology with aspects of business operation and management. The importance of information systems and its relationship to business operations from an end-user perspective is also addressed in this course. Prerequisite: TB143 Introduction to Personal Computers or TB145 Introduction to Computing or TB150 Computing and Productivity Software

(close)
4
BU213
Financial Accounting: Reporting and Analysis+

This course focuses on financial statement analysis and offers an overview of the tools of financial analysis by studying financial statement reporting and analysis from a liquidity, solvency and profitability perspective in relation to performance measurement. Prerequisite: BU112 Accounting II

(close)
4
BU214
Fundamentals of Tax Preparation+

This course studies how taxes interrelate with financial accounting by distinguishing between taxation and financial accounting aspects in business transactions. Focus is on tax preparation, types of taxes and tax law. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU222
Business Law and Regulation+

This course offers a basic foundation in business law and regulation in a variety of areas, including bankruptcy, employment, consumer and contract law. Instruction on ethics, social responsibility and technology is integrated throughout the course. Prerequisite: GE217 Composition II or equivalent

(close)
4
BU232
Business and Database Applications+

This course presents concepts and principles of database development and administration in relation to business applications. Focus is on data mining and analysis for business operations, and database development processes and administration. Prerequisite: BU131 Business and Information Systems

(close)
4
BU233
Business and Data Networks+

This course addresses the role of data interchange and internetworking technologies in business operations. Blending technical and managerial concepts, this course offers an overview of the impact of data communication and networks in businesses and applications. Prerequisite: BU232 Business and Database Applications

(close)
4
BU261
Corporate Finance+

This course offers a foundation and key concepts related to corporate finance. Focus is on theory and practice of corporate finance, valuation and capital in relation to corporate internal and external financing and investment. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU271
Principles of Professional Communication+

This course lays a foundation for business communication in a wide variety of venues. Areas of instruction include electronic and hard-copy communication media, multicultural communication, and communicating with internal and external customers. Prerequisites: GE117 Composition I or equivalent, BU121 Introduction to Business in a Global Society

(close)
4
BU315
Cost Accounting and Budgeting I+

The focus of this course is on cost accounting and budgeting processes. It also includes elements that address planning, analysis, behavior and control of these processes. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU316
Cost Accounting and Budgeting II+

Based on the principles presented in Cost Accounting and Budgeting I, this course addresses important budgeting and cost accounting variables in relation to management control systems and performance measurement. Prerequisite: BU315 Cost Accounting and Budgeting I

(close)
4
BU317
Corporate Tax and Regulations+

This course addresses taxation considerations in business decision-making. Emphasis is on a framework to guide tax strategy, planning and management and the financial accounting implication of taxes on corporate operations. Prerequisite: BU214 Fundamentals of Tax Preparation

(close)
4
BU334
Accounting Application to Internet Technology+

This course addresses the role and importance of the Internet in business applications and electronic data interchange. Emphasis is on the use of Internet technologies and financial electronic commerce as tools and resources in the accounting process and in the context of accounting cycles. Prerequisite: BU233 Business and Data Networks

(close)
4
BU362
Financial Capital and Markets+

This course offers an overview of financial products, systems and institutions. Emphasis is on commercial banking and monetary operations, from investment to venture capital, and the role of the Federal Reserve. Prerequisite: BU213 Financial Accounting: Reporting and Analysis

(close)
4
BU419
Auditing+

This course presents the fundamentals of auditing and the auditing environment. Focus is on auditing concepts, types of auditing and auditing processes. Prerequisite: BU317 Corporate Tax and Regulations

(close)
4
BU435
Accounting Information Systems+

This course offers an overview of accounting software systems and technology trends and functionality. Emphasis is on information, communication and networking technology within the context of accounting cycles and transaction processing. Prerequisites: BU316 Cost Accounting and Budgeting II, BU334 Accounting Application to Internet Technology, BU362 Financial Capital and Markets

(close)
4
BU459
Strategic Management Project+

This course requires the student to apply concepts, principles and techniques presented throughout the program by completing a detailed project or participating in a comprehensive simulation. Prerequisites: All required core courses except BU425 Global Issues in Business and Economics or BU455 Business Policy and Strategy or BU464 Global Finance and Accounting

(close)
4
BU463
Corporate Analysis and Forecasting+

This course is a combination of finance, accounting and business strategy theory, and emphasizes valuation and forecast in corporate finance and analysis. Students are required to use a variety of financial statements and data for purposes of valuation and analysis. Prerequisites: BU316 Cost Accounting and Budgeting II, BU362 Financial Capital and Markets

(close)
4
BU464
Global Finance and Accounting+

This course presents fundamentals of financial accounting in a global market. Focus is on international currencies and exchange rates, trends in international trade, international monetary systems, and budgeting and finance in a multinational environment. Prerequisite: BU463 Corporate Analysis and Forecasting

(close)
4
EC311
Introduction to Project Management+

This course is an introduction to the discipline of project management. Topics include an overview of its evolution, its various processes and principles, tools and techniques and project life cycle. Students will also be introduced to a project management software. Prerequisite: TB143 Introduction to Personal Computers or TB145 Introduction to Computing or TB150 Computing and Productivity Software

(close)
4
Subtotal 108.0
Course Number Course Credit Hours
TB139A
Strategies for Learning in a Technical Environment+

The course reviews characteristics and trends of the global information society and including basic information processing, Internet research, other skills used by the technical professional and techniques that can be used for independent technical learning.

(close)
4
TB141
Introduction to Productivity Software+

The course covers the fundamentals of productivity software. Emphasis is placed on word processing, spreadsheets, file management, and presentations as well as integration of productivity software.

(close)
4
TB150
Computing and Productivity Software+

The course covers the fundamentals of computing and the use of computers in communications and networks. Emphasis is placed on the use of computer technology, Internet and the World Wide Web in enterprise computing and working environments. The course will also focus on using productivity software and hands-on applications to problem solving in business and other working environments.

(close)
4
TB332
Professional Procedures and Portfolio Development+

Students are required to plan and compile their projects in the form of a portfolio. Instruction on interviewing procedures and writing business communications is also included in this course. Prerequisite: Students must have completed 72 quarter credit hours prior to taking this course

(close)
4
Subtotal 16.0
Course Number Course Credit Hours
Minimum required credit hours for the Baccalaureate Degree (Grand total)
180
Subtotal 180.0

If you would like an ITT Tech representative to contact you about this program, please click here

Notes

+In this program, this course is a distance education course that is taught online over the Internet, rather than in residence at the school. Refer to the Online Course Information section of this catalog for additional information relating to these courses.

++In this program, the Unspecified General Education courses are distance education courses taught online over the Internet, rather than in residence at the school. Refer to the Course Descriptions section of the catalog for the general education category pertaining to each general education course.

*General Education courses include courses in the humanities, composition, mathematics, the sciences and the social sciences. The Unspecified General Education courses must include at least one course in each of the following categories: the humanities, composition, mathematics and the social sciences. For Minnesota students, the General Education courses must include at least two courses in each of the following categories: the humanities, composition, mathematics and the social sciences. Refer to the Course Descriptions section of the catalog for the general education category pertaining to each general education course.

NOTE: The course descriptions for the courses in this program are in the Course Descriptions section of this catalog . The school may, at any time in its discretion, vary the offering and/or sequence of courses in this program, revise the curriculum content of the program or any course in the program and change the number of credit hours in the program or in any program course.