Accounting

Accounting and Taxation  - Undergraduate Courses

A 101 Introduction to Financial Accounting (back to previous page)
Deals primarily with reporting the financial results of operations and financial position to investors, managers, and other interested parties. Emphasizes the role of accounting information in decision making. 3 credit hours.

A 102 Introduction to Managerial Accounting (back to previous page)
Prerequisite: A 101. The application of accounting in relation to current planning and control, evaluation of performances, special decisions, and long-range planning. Stress is on cost analysis. Additional topics include income tax planning, product costing, and quantitative techniques. 3 credit hours.

A 220 Intermediate Financial Accounting I (back to previous page)
Prerequisite: A 101. A rigorous examination of financial accounting theory and practice applicable to the corporate form of business organization. With an emphasis on reporting corporate financial status and results of operations, the course will include the principles governing and the procedures for implementing accounting valuations for revenue, expense, gain, loss, current assets, and deferred charges. 3 credit hours.

A 221 Intermediate Financial Accounting II (back to previous page)
Prerequisite: A 220. Continues the emphasis on corporate financial reporting established in A 220. The principles and procedures applicable to accounting valuations for current liabilities, long-term liabilities, deferred credits, and stockholder's equity are examined. Special attention is directed to preparing the cash-flow statement. 3 credit hours.

A 250 Accounting Information Systems (back to previous page)
Prerequisite: A 101. This course provides a thorough introduction to basic systems theory, a firm working knowledge of systems analysis and design techniques, and an examination of various transaction cycles in the accounting system. Emphasis is on EDP environments. 3 credit hours.

A 323 Cost Accounting (back to previous page)
Prerequisite: A 102. An in-depth examination of the accounting principles and procedures underlying the determination of product costs for manufacturing concerns. Emphasis on job order costing systems. Other topics are budgets, standard costing, and CVP analysis. 3 credit hours.

A 422 Intermediate Financial Accounting III (back to previous page)
Prerequisite: A 221. Advanced topics include income tax allocation, pensions and leases, accounting changes, price-level changes, installment sales and consignments, and revenue recognition. 3 credit hours.

A 431 Advanced Financial Accounting (back to previous page)
Prerequisites: A 221 and senior standing. Advanced topics in financial reporting, including partnership accounting, consolidations, cost and equity methods, and purchase versus pooling methods. 3 credit hours.

A 433 Auditing and Assurance Services (back to previous page)
Prerequisites: A 422, A 250, and senior standing. A general examination of the role and function of the independent auditor in the performance of the attest function. Emphasis will be placed on current auditing pronouncements, the audit report, statistical sampling, evaluation of internal control, and the determination of the scope of an audit. Rules and standards of compilation and review reports are presented. 3 credit hours. 

A 435 Federal Income Taxation I (back to previous page)
Prerequisites: A 102 and senior standing. An introduction to the federal income tax law including objectives, history, and sources of tax law and administration. Course coverage will be devoted to different types of taxpayers including individuals, corporations, partnerships, limited liability entities, subchapter S corporations, and trusts and estates. The course will explore income tax concepts of accounting methods and periods, income, deduction losses, property transactions, fringe benefits, and retirement plans. 3 credit hours.

A 436 Federal Income Taxation II (back to previous page)
Prerequisites: A 102 and A 435. Advanced studies in taxation including the tax consequences of the formation, operation, and termination of corporations, partnerships, and limited liability companies. Course coverage will also be devoted to the alternative minimum tax, related party transactions, estate and gift taxation, financial tax accounting concepts, and ethical responsibilities in tax practice. 3 credit hours.

A 450-459 Special Topics (back to previous page)
Prerequisite: A 102. Junior-level standing required unless specified in course schedule description. Selected topics in accounting or taxation of special or current interest. 3 credit hours.

A 597 Practicum (back to previous page)
Prerequisite: A 220. A course of study designed especially for the supervised practical application of previously studied theory in a group setting. Done under the supervision of a faculty sponsor and coordinated with a business organization. 3 credit hours.

A 598 Internship (back to previous page)
Prerequisites: A 422 and junior standing. On-the-job experience of accounting in selected organizations. 3 credit hours.

A 599 Independent Study (back to previous page)
Prerequisites: A 102 and junior standing. A planned program of individual study under the supervision of a faculty member. 3 credit hours.

Accounting and Taxation  - Graduate Courses

A 601 Federal Income Taxation I (back to previous page)
A study of tax policy and the fundamental principles of the federal income tax law taught at an advanced level of inquiry. Coverage entails the key concepts of gross income, adjusted gross income, deductions, exemptions, credits and special tax computations, with attention given to the provisions of the Internal Revenue Code affecting individual taxpayers.

A 602 Federal Income Taxation II (back to previous page)
A continuation of Federal Income Taxation I emphasizing the fundamental principles concerning dispositions of property: analysis of basis, recognition of gain or loss, capital asset transactions, nonrecognition exchanges and depreciation recapture; inventory methods, changes in accounting periods and accounting methods.

A 603 Tax Research and Writing (back to previous page)
Tax Research sources, techniques, practice and writing. Use of WEB BASED Tax Research Services and evaluation of weights or authority, legislative history, and systematic written analysis of tax problems and legal memoranda. 2 credits.

A 604 Taxation of Business Entities (back to previous page)
An introduction to the income tax consequences of the formation and operation of regular C corporations, S corporations, affiliated corporations, patnerships, and limited liability companies.

A 605 Partnership and Limited Liability Company Income Taxation (back to previous page)
Prerequisite: A 604. A study of the federal income tax problems encountered in the operation of partnerships and limited liabilities companies, including partnership allocations, operating distributions, sale of partnership interest, withdrawal of a partner, death or retirement of a partner, distribution of partnership assets, and basis adjustments.

A 606 Advanced Topics in Corporate Income Taxation (back to previous page)
Prerequisite: A 604 or undergraduate equivalent. Advanced study in the corporate tax area including corporate distributions redemptions, liquidations, taxable acquisitions, carryover of corporate tax attributes, corporate reorganizations and divisions, intercompany transactions and consolidated returns.

A 607 Qualified Retirement Plans (back to previous page)
An examination of the fundamentals of the federal taxation of deferred compensation. The course will focus on qualified retirement plans and individual and self-employed retirement plans as developed by the Employment Retirement Income Security Act of 1974 and subsequent legislation. Deferred executive compensation arrangements, stock options, restricted property, tax deferred annuities, and various employee benefit plans will also be reviewed.

A 608 Taxation of Estates, Gifts, and Trusts (back to previous page)
A comprehensive introduction to, and analysis of, the federal estate and gift tax laws including basic principles of estate planning. Coverage also includes federal income taxation of estates, trusts, grantors, and beneficiaries.

A 609 Federal Tax Practice and Procedure (back to previous page)
A study of the history and organization of the Internal Revenue Service, the selection of returns for audit, and the review steps at the administrative level. Code provisions covered will include filing requirements, statutory notices, restriction on assessment, statute of limitations, refund procedures, waivers, closing agreements, protests, and rulings.

A 610 International Taxation (back to previous page)
Prerequisite: A 604. Consideration of the federal income tax treatment of nonresident aliens and foreign corporations, and the foreign income of U.S. residents and domestic corporations; comparison of alternative methods of engaging in operations abroad; foreign tax credit; allocations under code Section 482; Section 367 rulings; effect of tax treaties.

A 611 State and Local Taxation (back to previous page)
Tax problems encountered at the state and local level by businesses engaged in interstate commerce. Federal limitations on the taxation of multistate enterprises and jurisdictional problems are examined. Specific areas covered are: license to do business, net income, franchise, gross receipts, property, and sales and use taxes. Apportionment problems are examined in detail.

A 615 Research Project in Federal Income Taxation (back to previous page)
Prerequisite: 15 graduate hours in taxation. A study of the techniques and tools of tax research. Reference sources include: tax loose-leaf services, I.R.S. cumulative bulletins, court cases, congressional committee reports, textbooks, published articles. Research projects will be assigned for written submission. 1 credit hour.

A 616 Taxation for Management (back to previous page)
Introduction to federal taxation and its impact on business decision making. Overview of the basics of federal taxation, its traps and tax planning opportunities. Complete overview of all areas of federal taxation to understand the tax planning for personal and business situations and the interrelationship of tax planning decisions. Areas of federal taxation covered are: individual income taxes, corporation income taxes, S corporations, partnerships, income taxation of estates and trusts, estate and gift taxes. Not open to M.S. in taxation program students.

A 620 Financial Accounting for Managers (back to previous page)
An examination of financial accounting reports, standards, practices and procedures from a user's perspective, emphasizing the understanding and use of accounting reports rather than their preparation. Basic terms, concepts, reports and underlying theories are covered. A review of the effects of choosing certain accounting methods, policies and procedures is intended to enhance the manager's comprehension of financial statement presentation.

A 621 Managerial Accounting (back to previous page)
Prerequisite: A 620. Accounting analysis for the managerial functions of planning, controlling and evaluating the performance of the business firm.

A 630 Topics in Corporate Financial Reporting (back to previous page)
Prerequisite: A 620 or equivalent. A selected examination of corporate financial accounting topics including revenue recognition, current assets, investments, leases, pensions, earnings per share, foreign currency translation, and business combinations.

A 641 Accounting Information Systems (back to previous page)
Prerequisite: A 621. An examination of the function and limitations of internal accounting information systems and their relationship to other decision-oriented business information systems.

A 642 Internal Auditing Seminar (back to previous page)
Prerequisite: A 621. Analysis of the principles underlying the functions of auditing within a firm. Will impart a working knowledge of techniques used in business audits.

A 650 Advanced Accounting Theory (back to previous page)
Prerequisite: A 630 or six hours of intermediate accounting. Theoretical aspects of accepted accounting principles and their significance as a frame of reference for the valuation of accounting practices. Major focus on the role of regulatory agencies and professional accounting organizations with regard to their influences on accounting theory and practice.

A 652 Auditing and Assurance Services Seminar (back to previous page)
An analysis of the contemporary problems surrounding the attest function performed by the professional independent auditor.

A 654 Financial Statements: Reporting and Analysis (back to previous page)
Prerequisite: A 621. Techniques in analyzing financial statements by creditors and equity investors for the short and long term. Review of accounting principles as reflected in the financial statements.

A 661 Managerial Accounting Seminar (back to previous page)
Prerequisite: A 621. Case course covering advanced issues of management accounting. Develops topics introduced in A 621.

A 670 Selected Topics (back to previous page)
A study of selected issues of particular interest to the students and instructor. Course may be taken more than once.

A 690 Research Project (back to previous page)
Prerequisite: 15 graduate hours or permission of the instructor. Independent study under the supervision of an adviser.

A 695 Independent Study I (back to previous page)
A planned program of individual study under the supervision of a member of the faculty.

A 696 Independent Study II (back to previous page)
A continuation of Independent Study I.