Skip to main content area Skip to main navigation Skip to institutional navigation Skip to footer

Graduate Programs

Course Descriptions

Ethics, Professional Accounting Implications
(4 credits)
This course covers ethical and professional conduct including the role of rules of ethics and legal aspects relating to the practice of public accounting. The course is case based and includes the AICPA Code of Professional Conduct, AICPA and SEC independence rules, as well as current developments in the ethical and legal environment for as it relates to public accounting. Case analyses of recent corporate scandals is a component of the course. The mandates included in the SARBANES-OXLEY legislation will also be covered.

Financial Reporting and Statement Analysis
(4 credits)
The emphasis of this course is on developing and analyzing financial statements. The course explores how particular transactions and differing accounting options may affect financial statements. Topics such as income recognition, inventory alternatives, leases, pensions, and other current issues are studied, through case analysis, to understand their impact on the financial statements. These topics are covered in the larger context of industry cases in which multiple companies are analyzed and evaluated using profitability and risk ratios. A final project (case) will consider and analyze how accounting alternatives impact the analysis and ratios will be part of the course.

Taxation of Business Enterprises, Fiduciaries, and Not-for-Profits
(4 credits)
Examines C corporations, S corporations, Limited Liability Corporations, Limited Liability Partnerships, and partnerships as taxable entities. Topics include the theory and political environment of taxation, income determination, deductions and credits, acquisition and disposition of property, and related gains and losses. Additional topics include distribution of income and liquidation of business entities. Income taxation of estates and trusts and not-for-profits will also be covered. Tax planning and research are emphasized.

Assurance Services
(4 credits)
This advanced course in auditing will further develop the student’s skills and research abilities in assurance services. Case studies are utilized to further develop the student’s audit and assurance skills. Emphasis will be on risk analysis, development of research skills in accounting and auditing, audit documentation, and development of leadership, teamwork and communication skills including effective report writing. An introduction to fraud examination and the impact of information technology on the audit process will be included.

Information Systems for Accountants
(2 credits)
This course will provide the student with an understanding of accounting as an information system. Specifically, the course will give the student hands on experience with understanding the structure of an accounting system and also the use of accounting software as a tool. Frameworks for analyzing internal control systems and understanding the structure and risks of IT based systems are also covered.

Not-for-Profit and Government Accounting
(2 credits)
This course considers the reporting environment and rules of the Financial Accounting Standards Board as it relates to Not-for-Profit entities and the rules and procedures of the Governmental Accounting Standards Board as it relates to governmental entities. The course will investigate and examine the reporting practices of federal, state, and local governments and specific not-for-profit entities such as hospitals, universities, and not-for-profit organizations.

Estate and Gift Taxation
(2 credits)
This course will provide an in-depth analysis of the issues of the taxes related to estates and gifts. Case studies will consider gift tax rules and deductions, exemptions and exclusions, estate valuation, state tax deductions and exemptions, and tax rates. The course will also consider planning aspects related to wealth transfer through estates and gifts. Recent changes in the estate and gift tax area will also be covered.

International Accounting
(2 credits)
This course will examine and evaluate the reporting practices of multinational business entities. This course will consider the efforts to apply International Financial Reporting Standards (IFRS) by merging diverse national accounting standards into a unified internationally accepted accounting methodology. Specifically, the course will compare the issues involved in harmonizing the Financial Accounting Standards Board’s view of U.S Generally Accepted Accounting Standards with IFRS and evaluate current differences between US GAAP and IFRS.

Business Law for Accountants
This course will focus on the Uniform Commercial Code (UCC) and Common Law practices related to commercial transactions, particularly those relevant to accountants and auditors. Topics include contract law, the Uniform Commercial Code, agency law, partnerships, corporations, and limited liability companies, securities regulations, bankruptcy, property laws, and accountant/auditor liability.