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Accounting Course Descriptions

Introductory Accounting (MGMT 20000)

The objectives of the courses are to help students:(1) understand what is in financial statements and what the statements say about a business, (2) identify the business activities that were responsible for the amounts that appear in the statements, and (3) understand how, when, and at what amount the effects of manager and employee actions will appear in the statements.

Management Accounting (MGMT 20100)

An introduction to accounting for management planning and control, including cost accounting, budgeting, accounting control system, and use of accounting information in management decisions.

Intermediate Accounting I (MGMT 35000)

Financial reporting for interested external parties. This course emphasizes asset valuation, income measurement, preparation of financial statements, and develops an appreciation of discretion available to preparers.

Intermediate Accounting II (MGMT 35100)

Continuation of Intermediate Accounting I. An examination of additional problems in financial reporting, including cash flows, liabilities, owners' equity, leases, and pensions.

Graduate & Upper Level Undergraduate Courses 

Advanced Accounting (MGMT 50300) (MGMT 59000)

This course is an advanced course in financial accounting. A range of contemporary issues in financial reporting such as business combinations, investments, consolidations, inflation, multinationals, and tax allocation are covered. Both technical proficiency and user applications are emphasized in this course.

Introductory Tax Accounting (MGMT 50400)

This course is a one-semester course in federal income taxes, emphasizing the conceptual framework of the law. We pay particular attention to the 1) taxation of individuals, 2) income and deduction definitions, 3) the income and expenses of businesses, and 4) property transactions; including acquisition, depreciation and disposal.

Advanced Management Accounting (MGMT 50500)

The competitive success of organizations is dependent on the quality of information about the various elements in the value chain. This course deals with the use of cost information in achieving strategic objectives of firms. Cost information can play a strategic role in pricing, product development, customer focus and process improvements. Obsolete or inadequate cost systems can impair overall corporate strategy and competitiveness. The objective of this course is to understand the role of cost analysis in the value creating process. In particular, we will study how cost measurement can affect strategic decisions, the design of modern cost systems, how cost information can lead to process improvement and value creation, how performance measurement and control systems work and create value. 

Auditing (MGMT 50600)

In this class, we study the concepts and procedures of auditing, which is the systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events. Primary emphasis is on audits conducted by independent Certified Public Accountants, but topics apply to internal auditing as well.

Advanced Tax Accounting (MGMT 50700)

This course builds on previously learned material and introduces new concepts in taxation to develop an understanding of the role of income taxes in firms strategy. Within this framework, we examine advanced topics in Federal income taxation, including determination of appropriate tax treatment for events and transactions through tax research. Additionally, we explore contemporary issues in tax accounting, such as entity reconciliation and income earned in foreign jurisdictions. The course culminates in completion of a Federal corporate income tax return involving elements of each topic.

International Accounting (MGMT 50900)

This course introduces upper level undergraduate and master’s students to the international aspects of accounting. Topics include the development of international accounting standards; the diversity of accounting practices across countries; and accounting issues specific to multinational enterprises, such as translation and consolidation of foreign operations and international transfer pricing and taxes.

Financial Statement Analysis (MGMT 53000)

The course is designed to help students: (a) understand the content of corporate financial reports and analyze the information therein, (b) use the information for evaluating the financial health, operating performance, and growth prospects of corporation-type companies, and (c) learn the various company valuation models available and estimate the value of such a company using those models and the information abstracted from the financial reports. The topics to be covered include the corporate financial statements and their relationships, ratio analysis for profitability and risk evaluation, assets/liabilities/owners’ equity analysis, intercompany investments, forecasting financial statements, and company valuation models. In general, what is covered in the course is similar to what financial analysts do in evaluating and valuing a company.

Accounting For Nonprofit and Governmental Entities (MGMT 53100)

This course is intended to provide comprehensive coverage of accounting and financial reporting for governmental and not-for-profit entities that follow the relatively new financial reporting models prescribed by GASB. This course will examine the accounting and financial reporting issues of federal government agencies, the federal government at state and local levels, and not-for-profit organizations as they demonstrate accountability for financial and operational performance and compliance with regulations to resource providers and other interested parties. 

Forensic Accounting and Fraud Examination (MGMT 53200)

This course is designed to help students apply their accounting, auditing, information systems and communication skills to detect financial fraud and unauthorized reporting acts and to prepare and present a fraud case for criminal proceedings or civil litigation. These skills are highly valued in the rapidly growing field of forensic accounting. Upon completing this course, students will understand the role of forensic accountants in examining financial records for fraud and detecting insurance fraud; in providing litigation support; and in capturing digital evidence. The course will also review material related to the Certified Fraud Examiner (CFE) exam. Throughout the course, students will have opportunities to improve their written and oral communication skills, particularly as they relate to communication in the legal settings associated with investigative accounting. 

Practicum in Taxation (MGMT 59000)

This experiential, service-learning course gives students the opportunity to learn and apply tax preparation skills for low- to moderate-income taxpayers by completing individual income tax returns.  Students first obtain IRS certification through instructor-led and online training and complete practice exercises.  After certification, students work face to face with clients on or off campus, becoming not only competent tax preparers, but better communicators and professionals.  Students also complete tax research assignments to build competency in addressing more complex tax issues for clients.  Class hours are arranged to meet student and tax preparation site needs. 

 

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