Graduate Catalog 2019-2020

ACCT - Accounting

ACCT 6115 Governmental Accounting

Prerequisites: ACCT 3101 and ACCT 3102 with a grade of C or better. This course focuses on financial reporting and disclosure for state and local governmental entities and selected not-for-profit entities based on the standards and principles promulgated by the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB). Students will learn objectives and principles of state and local governmental accounting; budgetary, revenue, and expenditure accounting; accounting for governmental funds; accounting for general capital assets and long-term liabilities; accounting for proprietary funds; and how such entities prepare their financial reports.

3

ACCT 6120 Controllership

Prerequisites: ACCT 3120 with a grade of C or better. The course focuses on the major aspects of controllership in business corporations. The objective is to enable students to understand and analyze the management control systems used by organizations to measure, manage, and control performance and to facilitate implementation of organizational strategies. ACCT 6120 is a required course for the Master of Accountancy students.

3

ACCT 6125 Advanced Auditing

Prerequisite: ACCT 4135 with a grade of C or better. A case-based study of theoretical concepts and practice of auditing. An investigation into areas of controversy, a review of auditing literature, and an intensive study of the Statements on Auditing Standards.

3

ACCT 6135 Seminar in Tax Research

Prerequisite: ACCT 3116 and 4125 with a C or better. A study of the structure of Individual Income Tax Law. Tax research methods will be covered and students will be assigned a number of cases for research. Students will do both a written and oral presentation of their research efforts.

3

ACCT 6155 Advanced Financial Accounting

Prerequisite: ACCT 3101 and 3102 with a grade of C or better. A study of complex financial accounting topics. The first part of the course will cover the topics of Accounting for Pensions, Leases, Investments, and Preparation of the Statement of Cash Flows. Accounting for business combinations will be the focus of the second part of the course.

3

ACCT 6165 Professional Acct Research

Prerequisite: ACCT 3101 and ACCT 3102 with a grade of C or better. This capstone course provides an in-depth examination of the professional accounting research process. This includes using online and electronic accounting, and auditing research databases, practice in issue identification, reading and analyzing primary sources, using common secondary sources and communicating results. The course incorporates the idea of continuous learning as the methodology to understand and apply professional research.

3

ACCT 6175 Business Environment/Concepts

Prerequisite: Master of Accountancy students. This course provides a review of the material examined on the Business Environment & Concepts section of the CPA Exam. Content covered in this section includes knowledge of business structure; economic concepts essential to obtaining an understanding of an entity's operations, business and industry; financial management; information technology; and planning and measurement.

3

ACCT 6200 CPA Exam Review

This course provides a review of the material examined on the Uniform CPA Examination. Content covered in this course includes Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).

3

ACCT 6310 Taxation of Business Entities

Prerequisites: Admission to the Master of Accountancy program, ACCT 3116 with grade of C or better. A study of the federal income tax laws as they relate to corporations and partnerships.

3

ACCT 6320 Fraud

Prerequisite: Admission to the Master of Accountancy program. A case-based examination of financial fraud. Common methods of fictitious financial reporting and other frauds will be examined along with the identification of common signals of possible fraudulent activity.

3

ACCT 6330 Advanced Systems

Prerequisites: Admission to the Master of Accountancy program, ACCT 3106 with grade of C or better. A study of ERP (Enterprise Resource Planning) systems. Major topics include use of an ERP system to process transactions and reprot financial statement information. Basics of internal control and the use of internal controls related to the effective use of an ERP system will also be discussed.

3

ACCT 6340 Internal Auditing

Prerequisites: Admission to the Master of Accountancy program, ACCT 4135 with grade of C or better. This course is a study of the theory and practice of internal auditing. A solid introduction into this practice area is built by a concentrated study of fundamental internal audit concepts such as organizational governance, internal control, fraud risk and business process risk. The course also includes a review of the practical skills, requirements and considerations needed to complete an actual internal audit engagement.

3

ACCT 6350 Analysis and Valuation

Prerequisite: ACCT 3103 or ACCT 6360, with a grade of C or higher, and FINC 3131 with a grade of C or higher. This course is designed to advance your understanding of how to use financial information to analyze and value publicly traded companies. Knowledge of economics/accounting/finance will be applied help understand what is contained in financial reports. Methods used to value firms will be investigated.

3

ACCT 6360 Issues in Financial Accounting

Prerequisite: ACCT 3102 with a grade of C or higher. This course examines complex financial accounting concepts and provides an introduction to the International Financial Reporting Standards. Students who have previously completed ACCT 3103 with a C or better may not take this class for credit.

3

ACCT 6405 Internship

Prerequisite: Permission of Chair. A course that is individually designed involving one semester of part-time supervised Accounting work with a business. The internship may be used to fulfill one and only one of the electives in the MAcc.

1 - 3

ACCT 6505 Special Topics in Accounting

Prerequisite: Permission of the idepartment Chair. This course meets special needs of students and/or the community.

3

ACCT 6805 Independent Study

Investigation of a topic of special interest, with reports given to the instructor. Approval of the department chairperson is required prior to registration. This course is repeatable for credit.

1 - 6

ACCT 6900 Integrated Accounting

The course integrates financial accounting and fundamental managerial accounting topics with strategic analysis to evaluate the organization’s objectives of liquidity, profitability, and operations efficiency. The emphasis is on cash flow statement, ratio analysis, and use of accounting information to facilitate ethical decision making, planning, budgetary control, and performance evaluation processes.

3