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ACCT 330 Advanced Accounting

Discusses the accounting theory and practice involving the following financial accounting and reporting areas: business combinations, consolidated financial statements, foreign currency transactions, translation of financial statements of foreign affiliates and partnerships. Prerequisite:

ACCT 241. 3 sem. hrs. 3 crs.

ACCT 340 Introduction to Federal Income taxation

Studies the basic principles and concepts of federal income taxation and their applications to individual income tax returns; determination of the federal income tax liability of individuals, including determination of gross income, exclusions, deductions, credits, property transactions, and calculation of tax. Includes tax planning, tax research and a written tax research project.

Prerequisite: ACCT 240. 3 sem. hrs. 3 crs.

ACCT 341 Advanced Federal Income Taxation

Advanced applications of the basic principles and concepts of federal income taxation to individuals, partnerships, corporations, trusts and estates; determination of the federal income tax liabilities of these entities; the principles and concepts of federal taxation as applied to estates, trusts, and specifically taxed corporations; applications of basic tax planning and research techniques to more complex situations. Prerequisite: ACCT 340. 3 sem. hrs. 3 crs.

ACCT 380–381 Workplace Experience in Accounting I, II

This course is designed to link college with the professional world by students obtaining meaningful, academically relevant workplace experiences. Possible workplace sites for students in Accounting include CPA firms, corporations, small businesses and non-profit organizations. Professional development is enhanced through meetings with a faculty advisor and structured assignments based on the workplace experience. Career Services department approval required. Open Elective credit only. 3 sem. hrs. 3 crs.

ACCT 410 Accounting Information Systems

Examines the definition and documentation of accounting information systems using data flow diagrams. A business process approach to examining transaction cycles is employed. Covers internal controls for information technology environments and the avoidance of computer crime through the application of controls and ethical behavior. Studies the techniques used in auditing computerized accounting information systems including test data, general audit software and automated work paper software. Real world cases and accounting software is used to enhance applications of the covered topics. Prerequisite: ACCT 261. 3 sem. hrs. 3 crs.

ACCT 420 Auditing and Assurance Services

Explains the generally accepted auditing standards and procedures employed by CPAs in their independent audits of corporate financial statements; the nature, importance, and use of internal controls; techniques and procedures used to gather audit evidence; computer auditing techniques; form, content, and meaning of the independent auditor’s report in published financial statements; assurance services; the AICPA Code of Professional Conduct and the legal liabilities of CPAs. Integrated audit cases are used to help students apply auditing concepts.

An oral presentation is required. Prerequisites: ACCT 410 and ECON 125. 3 sem. hrs. 3 crs.

ACCT 430 Topics from Professional Examinations in Accounting

Bridges the gap between academic courses and the accounting-specific parts of the CPA professional examination by providing in-depth review of highly tested material; updating students on recent developments and important changes; and developing approaches to answering multiple choice, other objective format, essay, and (long) computational questions under simulated professional examination conditions. Prerequisites: ACCT 250, ACCT 330.

Corequisite: ACCT 320. 3 sem. hrs. 3 crs.

ACCOUNTING GRADUATE COURSES ACCT 510 Global Financial Statement Analysis

Approaches International Accounting Standards (IAS) and Generally Accepted Accounting Principles (GAAP) prepared financial statements from a user perspective. Discusses the concepts necessary to interpret domestic and international corporate financial statements. Analytic techniques and valuation models are used to assess profitability, cash flows, and quality of earnings. A comprehensive real-world financial statement analysis project helps students to apply learned techniques. Prerequisite: ACCT 241. 3 sem. hrs. 3 crs.

ACCT 520 Contemporary Issues in Auditing

Based on contemporary issues in auditing, comprehensive factual scenarios are used to discuss the professional roles of Independent Auditors. Topics examined include: internal control issues, use of analytical procedures and audit planning, auditing high-risk accounts, large- scale earnings manipulations schemes, coping with complex or unique client transactions, ethics, auditor independence and legal liability issues. Requires students to address actual situations that auditing practitioners have coped with in the past. Extensive research, group projects, oral presentations and an audit risk analysis project are required. Prerequisite: ACCT 420. 3 sem. hrs. 3 crs.

ACCT 530 Advanced Accounting Theory and Applications

This capstone course provides students with a solid foundation in accounting theory and research to enable them to function more effectively in their employment situations, make meaningful contributions to the accounting profession, and meet the challenges of lifelong learning. The course begins with an in-depth study of accounting theory, moves on to the instruction of accounting research sources and methodologies including the Financial Accounting Research System (FARS), and applies both theory and structure to a variety of current applications in financial reporting. Application of appropriate research tools and methodologies aide in the completion of written case assignments and a research paper. Prerequisite: ACCT 241. 3 sem.

hrs. 3 crs.

ACCT 540 Advanced Business Entity Taxation

Provides the students with a working knowledge of advanced business entity taxation.

Students will be able to apply sophisticated tax principles in employment situations as well as communicate this information to their clients and the public. The Internal Revenue Code and Tax Regulations are applied to a research project involving current tax matters. Utilizes research tools to apply critical thinking skills used to discuss and interpret tax issues. Provide a working knowledge of international and entity tax issues along with the termination issues facing businesses. State compliance issues such as multi-state taxation and sales and use taxes will be covered as well as succession planning and exempt entity taxation. Prerequisite: ACCT 341. 3 sem. hrs. 3 crs.

ACCT 550 Cost Management for Controllership

Focuses on current approaches to management accounting by examining strategic cost management, activity-based management, strategic-based control, quality cost management, productivity measurement and control, measurement and control of environmental costs, inventory management, and international issues in cost management. Encourages students to increase their understanding of the relationship between controllership theory and practice.

Requires students to complete independent research projects. Prerequisite: ACCT 240 and ACCT 250. 3 sem. hrs. 3 crs.

ACCT 560 Fraud Examination

This course helps students better understand the significant of fraud in the modern Accounting world. Students are prepared to identify, detect and prevent financial fraud. Some topics include the discussion of financial statement, e-business, consumer and tax frauds. Students will use Financial Statement Fraud Standards, including SAS 99 and Sarbanes-Oxley. Research based case projects and presentations are required. Prerequisite: ACCT 241 and ACCT 240. 3 sem. hrs. 3 crs.

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