This course begins an in-depth and critical examination of accounting theory, concepts and regulation at a graduate level. Generally accepted accounting principles in the United States of America (GAAP) will be examined as they relate to financial statement preparation, asset valuation, liability determination and related income recognition. Emphasis will be on applicable accounting pronouncements and to a much lesser extent convergence with international financial reporting standards (IFRS). The course will involve a research component using the FASB codification database, ethical considerations, interactive learning, case analysis, and communication skills. The course presumes a basic understanding of financial accounting. The expected level of understanding of an accounting topic will be considerably higher as we explore new accounting theory.
Cross-listed with ACC 221
Graduate Courses
Course Delivery DEFINITIONS:
- Online Courses: In online teaching, 100% of instruction takes place online via Canvas and with supplemental platforms like Zoom. There are two types of online courses: asynchronous and synchronous.
- Asynchronous online: Course is fully online, with lessons, assignments, and activities posted in Canvas with due dates. Students complete coursework, engage in discussions, etc., based upon their own schedules, but are required to meet posted deadlines.
- Synchronous online: Online course that includes real-time class meetings using technology (e.g. Zoom). The number of required meetings varies based upon the particular class, but meetings take place during the scheduled class times. Faculty will inform students of the schedule for real-time meetings in their courses.
- Hybrid Courses: Hybrid courses combine both in-person, on-campus meetings with online instruction. All face-to-face activities take place during the regularly-scheduled meeting times in the rooms assigned on the course listing. The number of people in classrooms is limited by social distancing requirements, and the number of in-person meetings varies by course. Faculty will notify students of the exact meeting schedule for their courses.
If your class is not listed as online or hybrid, it will meet fully face-to-face with proper social distancing following the noted class schedule.
A managerial approach and a systems focus provide the student with a basic understanding of the power and limitations of cost systems and their role in a strategic organizations. Traditional budgeting and cost topics are extended to activity-based and enterprise systems models. Theory and original analysis are reinforced through manual applications, computer based applications, computer based presentations and projects. Prerequisite: MBA 511 or equivalent and Excel knowledge.
Cross-listed with ACC522
A managerial approach and a systems focus provide the student with a basic understanding of the power and limitations of cost systems and their role in a strategic organizations. Traditional budgeting and cost topics are extended to activity-based and enterprise systems models. Theory and original analysis are reinforced through manual applications, computer based applications, computer based presentations and projects. Prerequisite: MBA 511 or equivalent and Excel knowledge.
Flex. Cross-listed with ACC522
A managerial approach and a systems focus provide the student with a basic understanding of the power and limitations of cost systems and their role in a strategic organizations. Traditional budgeting and cost topics are extended to activity-based and enterprise systems models. Theory and original analysis are reinforced through manual applications, computer based applications, computer based presentations and projects. Prerequisite: MBA 511 or equivalent and Excel knowledge.
Online. Cross-listed with ACC522
This course studies the application of a broad range of tax concepts and types of taxpayers, including issues in the taxation of corporations by federal and state governments and the taxation of tax-exempt organizations. An emphasis on the role of taxation in the business decision-making process is discussed. Students will be provided with the skills to conduct basic tax research and tax planning, as well as the preparation of Form 1120, U.S. Corporation Income Tax Return. An exposure to professional standards and ethics will be discussed, and students will be provided with knowledge of the interrelationships and differences between financial accounting and tax accounting. Includes a designated accounting research component. Prerequisite: 21 hours of accounting including a course in taxation.
Cross-listed with ACC 429
This course includes a study of the concepts of U.S. income tax laws and their impact on decision-making, individual behavior, business activity, and society in general at the graduate level. The topics developed include: an understanding of the evolution of taxation concepts and the system employed in the United States, as well as the role of taxation as a source of revenue and a device to meet other governmental goals or objectives. The course includes an understanding of the concept of gross income, adjusted gross income and ultimately taxable income, and deductions and tax credits. Additional concepts will be explored include filing status, capital gains and losses and the more recent taxes imposed on higher income taxpayers. The course also includes an introduction to tax research and includes a designated research component.
Follows 15 week schedule
This course continues the in-depth and critical examination of accounting theory, concepts and regulation. Generally accepted accounting principles (GAAP) will be examined as they relate to financial statement preparation and disclosure, revenue recognition, long-term construction contracts, deferred taxes, pensions, leases, accounting changes, interim reporting and financial analysis. Emphasis will be on applicable accounting pronouncements and convergence with international financial reporting standards (IFRS). The course will involve a research component using the FASB Codification database, ethical considerations, cooperative learning, case analysis, and communication skills. Computer literacy is assumed. This course is offered only to MS Accounting students and students with special approval from the Accounting program coordinator. Prerequisite: ACC 322 or ACC 552.
Cross-listed with ACC323
The purpose of the course is to explore, at an advanced level, the concepts, principles, and rationale that support the framework of financial accounting as represented by financial statements of various forms of economic enterprises. Considerable emphasis is placed on valuation of assets, the full and appropriate disclosures of liabilities, and the proper presentation of financial reports. Throughout the course, students will study the statements of the Accounting Principles Board of the AICPA, the statements and interpretations of the Financial Accounting Standards Board, the regulations of the Securities and Exchange Commission, the International Standards for financial reporting, and the codification of financial accounting standards. Prerequisite: 21 credits in undergraduate accounting with a grade of C or better.