Accounting

English Language ENG (200,201,208) 9crs & 1 course BUS 210 3crs = 12crs

(BUS 201 or ENT 301 3crs & HUM 318 3crs & (HUM 212 or BUS 215 or HUM 215) 1cr = 7crs

(ART 205 or ART 206 or HUM 210 or SOC 201 or COM 208 or HUM 211 or PSY 201 or POL 202 OR HIS 200) 3crs = 3crs

(HLT 210 or NLT 201 or CSC 201) = 3crs

This course covers principles of the law of contracts; agency relationships, commercial paper and sales are discussed and analyzed through the use of the Code of Contracts and Obligations and the Code of Commerce, cases and problems. Emphasis is upon the law and business relationships.

This course presents the quantitative techniques commonly used in the decision making process. Topics include concepts of decision analysis, linear programming, sensitivity analysis, forecasting and time-series analysis, inventory concepts, linear regression and correlation. This course enables students to understand problem definition, structured approach to data analysis, skills in model development, solutions, testing, and validation. Prereq.: MAT221

Internship is intended to enhance students’ learning experience by permitting them to work in off-campus business environments. All students are required to file a written-report for their instructor, in addition to in-class discussions, of their on-site working experiences.

This course introduces students to the key concepts of microeconomics. Students learn the behavior of the different economic agents and the role of the government in microeconomics. Topics include supply and demand, elasticity, markets equilibrium, price control, competitive markets and monopoly. Prereq.: ENG200

This course introduces students to the main economic variables and indicators that are used to evaluate the performance of an economy as a whole. Students learn how the economic agents interact together to shape an economy as well as how the different economies interact in the global market. Topics include the aggregate output, unemployment, general price level and interest rates determination and fluctuations, international trade and debt. Emphasis is also made on the role of the government to influence the economy using Fiscal and Monetary policies. Prereq.: ENG201

This course analyzes and discusses the financial decisions of national and multinational corporations, based on case studies and reading. Topics include assessment of the financial health of the organization, short and long-term financial management, project and company valuation, cost of capital, risk analysis, investment decisions, and capital markets. Prereq.: ACC215

Equations of straight lines; Matrices: matrix operations, matrix inversion; Cramer’s rule; Quadratic functions; Exponential and logarithmic functions; Demand and supply functions; Revenue; Cost; Profit; Compound interest; Derivatives; Marginal functions; Integration of functions of one variable. Prereq.: MAT100 or placement, Coreq.: ENG020

This course studies the functions and capabilities of general management of a firm. Elements of the course are the various levels of management, the relationships between departments, and why managers are needed in a business organization. Coreq.: ENG200

The course outlines the role, functions and activities related to a human resources department. The students will learn about the evolution in human resources management as we know it today. Therefore, emphasis is placed on the new “corporate view” of the function such as, among other things, fair and equitable compensation and benefit programs, problem solving,  training and personal development, staffing strategies, counseling, rules and regulation and legal issues. Prereq: MGT201

This course helps to get an understanding of how information systems are used in business setting. The topics covered will include the fundamental of information systems, strategic use of information systems, decision support and expert system. This course will describe also information systems planning, design and implementation. Prereq.: MGT201

This course introduces students to the marketing world, its importance, various functions and activities and the impact it has on the business environment. Students will be acquainted with the creation of value for consumers, the marketing mix concept and its application, the segmentation, targeting and positioning and the key elements of a marketing strategy.  Prereq.: ENG200

Covers basic statistical techniques emphasizing business and economic applications. Topics covered include graphical and numerical data summary techniques, elementary probability theory, probability distributions, sampling distributions, estimation, and simple regression. Prereq.: MAT100, MAT010, or placement

Introduction to the basic principles, concepts, and techniques of financial accounting, explanation of the basic techniques of measuring, classifying, summarizing, reporting, and interpreting financial information. Prereq.: ENG020

A continuation of ACC210 Principles of Accounting I. This course will include more advanced procedures of accounting for partnerships, corporations, long-term debts and marketable securities. Prereq.: ACC210

This course stresses accounting theories and problems emphasizing financial reporting issues and financial statement interrelationships. It is an intensive study of generally accepted accounting principles and their application in the business world. Topics include the historical development and theoretical structure of financial reporting, revenue recognition and income determination and corporate reporting requirements. Prereq.: ACC215

This course elaborates on different types of cost information that can be used for planning and control decisions. It further introduces the cost accounting methods that may be used to gather data for inventory valuation and income determination. Topics include Cost volume profit analysis, cost accumulation techniques (job, process, standard, joint, and by-product costs), decentralization, budgeting, variance analysis, standard costing and cost allocation. Prereq.: ACC215

The development and use of accounting information systems for managerial control and external reporting. Concepts and principles of designing computer systems to perform accounting functions; applications of microcomputer accounting software packages, extensive use of PIMS II. Prereq.: ACC215

Financial policies and procedures by government units, hospitals, trust entities, universities, schools, voluntary health welfare organizations, and other nonprofit organizations, and special interest groups for accounting for the receipts and expenditures of financial resources. Financial reporting and contemporary issues and problems faced by government and nonprofit organizations, as well as auditing issues, are emphasized. Prereq.: ACC215

Topics include the value added taxes, calculation, application and exemption in Lebanon. The income tax law to all taxpayers-individuals, partnerships, corporations. Topics include tax accounting, income to be included and excluded in returns, tax deductions, ordinary and capital gains and losses, inventories, installment sales, depreciation, bad debts, and other losses. Prereq.: ACC311

After completing the Auditing course, students will be able to understand audit decision making and evidence accumulation through the integration of the most important concepts of auditing and other assurance services, as well as certain practical aspects, in a logical manner. Prereq.: ACC311

200 Level or Above