Accounting (010)

53:010:502 Accounting for Financial Reporting (3) Comprehensive coverage of the accounting system designed for financial reporting to stakeholders of the firm such as stockholders, creditors, financial analysts, and the public at large. The impact of financial transactions on the operating performance and financial position of the firm are emphasized. Application of GAAP in accounting, accounting irregularities, and ethics in financial reporting are incorporated throughout the course.

53:010:503 Accounting for Managerial Decisions (3) The course covers the accounting systems designed to help management in decision-making. Planning (budgeting) and control systems, various product and service costing methods, and cost analysis for pricing replacement, outsourcing, quality, and other management decisions are emphasized. Performance evaluation of product lines, divisions, and the firm as a whole, including balanced scorecard and incentive systems, are also covered. Prerequisite: 53:010:502.

53:010:512 Performance Measurement and Competitive Strategy (3) Advanced techniques used to analyze managerial accounting information system for decision making; profit planning and control emphasized. Cases and current readings on budgeting, cost control, standards, and performance evaluation, including balanced scorecard, are also covered.

53:010:521,522 Directed Study in Accounting (3,3) Supervised by an individual faculty member and approved by the associate dean of graduate studies. Prerequisite: 53:010:502.

53:010:523 Advanced Auditing (3) Theory of the attest function and advanced practical applications with attention to methods and procedures for evidence gathering, evaluation, and reporting. Philosophy, statistical sampling, EDP auditing, fraud examination, professional ethics, and audit research cases emphasized. Prerequisite: 53:010:502.

53:010:525 Problems in Financial Reporting (3) Intensive examination of financial statements from the point of view of the user. Focus on accounting institutions, standards, and methodology; the interpretation of accounting data; revenue and expense recognition; and reporting. Issues in debt and equity financing. Prerequisite: 53:010:503.

53:010:532 Accounting Information Systems and Internal Control (3) Examines concepts, principles, and components of computerized accounting information systems. Topics include information concepts, data flow diagrams, data dictionaries, a model information system, system flowcharts, internal controls, hardware and software study, structured systems analysis, structured systems design, systems implementation and operation, and AIS applications. Prerequisite: 53:010:502 or equivalent.

52:010:565 Financial Statement Analysis (3) Analysis, understanding, and interpretation of financial statements; simple skills and methods for making common sense of the elaborate financial statements and financial reports prepared according to existing accounting standards and conventions. Skills relevant to credit analyses, lending decisions, security analyses, investment decisions, and other decisions that rely on financial data. Prerequisite: 53:010:502.

53:010:597 Accounting Internship (BA) An internship provides real-world experience to those looking to explore or gain the relevant knowledge and skills within the finance field. Credits will be applied by arrangement.� By permission only. Prerequisite: Approval of instructor or associate dean for graduate programs.

53:010:584 Advanced Taxation (3) Analysis of the federal tax laws as they apply to the income of partnerships, decedents, estates and trusts, and corporations. Focus on corporate distributions, especially taxed corporations, capital changes, liquidations, and corporate reorganizations. Prerequisites: 53:010:502 and 53:010:520.

53:010:651 Colloquium on Current Issues in Accounting Practice (3) Professionals from public accounting and industry will speak on topics of current interests in accounting, auditing, and income taxes in conjunction with the coverage of topics from popular press. Students attend or participate in forums, seminars, or conferences on current issues in accounting practice.

53:010:670 Special Topics in Accounting (3) Topics vary from semester to semester. Consult the associate dean of graduate studies for specific content each semester. Students may enroll in more than one special topics course. Prerequisite: 53:010:502.