Accounting, Business Ethics, and Information Systems
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22:010:502
Accounting for Managers (3)
An introduction to financial statement analysis which builds on the fundamentals of accounting, including understanding the accounting equation and its application in building the balance sheet, the income statement, and the statement of cash flows. Basic accounting concepts, accounting principles, and the audit report are presented. Students work in teams to analyze corporate financial statements. The relationship of economic value to accounting measurement is explored together with factors influencing management choices among competing valuation principles. Theory is applied to the valuation of the asset, liability, and owners' equity accounts. Emphasizes the heavy reliance on estimates in constructing financial statements and how management can use such estimates to strategically manage its reporting responsibilities.
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22:010:512
Ethical Issues in Public Financial Management (3)
The objective of this course is to expose students to a broad range of ethical issues that they can expect to encounter as government financial managers. Students will learn to recognize and handle with confidence the ethical aspects of public financial management. This course examines the ethical issues facing policymakers and public administrators, including deception and disclosure, the privacy of public officials, corruption, civil disobedience, whistle-blowing, and the ethics of policy analysis. The course also examines issues of distributive justice as they arise in budgeting for health and employment needs. Case studies are used extensively.
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22:010:525
Government Budgeting Systems (3)
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22:010:551
Government Accounting and Auditing (3)
Prerequisite: 22:010:577.
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22:010:577
Accounting for Managers (3)
Introduces the basic concepts of financial and managerial accounting. Considerable stress is placed upon conceptual foundations, which are essential to accounting as an information system for management. Major topics include the accounting process, income determination, financial reporting, foundations of managerial accounting, operations planning and control, and performance evaluation.
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22:010:578
Public Financial Management (3)
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22:010:583
Financial Accounting
Introduces the basic concepts of financial and managerial accounting. Considerable stress is placed upon conceptual foundations, which are essential to accounting as an information system for management. Major topics include the accounting process, income determination, financial reporting, foundations of managerial accounting, operations planning and control, and performance evaluation.
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22:010:601
Management Accounting and Control
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22:010:603
Income Taxation (3)
Enables students to recognize and understand the impact of taxation as a major factor for both individual and business planning. Covers sources of federal tax law, the concept of income realization and recognition, timing of income recognition, timing and possibility of income tax deductions, tax accounting methods, and reporting periods.
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22:010:604
Design and Development of Information Systems (3)
Examines the conceptual issues in cost and value of information, structures of information systems, and modern technologies in information processing. Not intended for data processing professionals. Intended for students who come into contact with decisions related to the identification of needs and production of information for managerial decisions.
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22:010:605
Corporate Income Taxation (3)
Provides students with a broad study of federal business income taxation, with particular emphasis on the alternative forms of doing business proprietorships, partnerships, S Corporations, and C Corporations. Discussion of rules affecting regular taxation of corporations; topics relating to the life cycle of corporations, including organization, financial and capital structure, distributions and stock redemptions, corporate separations (including partial liquidations), dissolution and liquidation; and general discussion of the rules regarding consolidated returns, and the taxation of multistate and international income.
Prerequisite: 22:010:603.
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22:010:606
Budgetary Planning and Control (3)
Budgeting is a major tool of managerial planning and communication. Once adopted, the plan can serve as the standard to guide and evaluate the results of implementation. Surveys the basic principles and techniques of budget preparation, performance evaluation, and feedback systems. Managerial issues in internal accounting and control in uncertain and dynamic environments are studied as well as the technical issues. Classroom instruction depends heavily on case studies and student projects.
Prerequisite: 22:010:601.
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22:010:607
Management Control in Nonprofit Organizations (3)
Presents the most common accounting and control programs in nonprofit organizations. The course is heavily case oriented in order to get students to consider accounting and control problems in specific nonprofit organizations, including hospitals, governmental units, colleges and universities, and federal and state agencies.
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22:010:608
Auditing in a Corporate Environment (3)
Prerequisite: 22:010:577.
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22:010:609
Advanced Design and Development of Information Systems (3)
This course focuses on the management of information systems (IS) technology. Addresses issues and emerging issues in IS related to strategic planning, technology assessment, operational activities, and security control. Particular emphasis on the management of IS development and the development and integration of internet technology into an enterprisewide system. Geographic information systems, decision support systems, and expert systems are some of the advanced topics covered in the course. The challenges in the public sector from the use of newer technologies and the impacts on both financial and nonfinancial applications and work processes will also be reviewed.
Prerequisite: 22:010:604.
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22:010:611
Advanced Auditing Theory and Practice (3)
Examines recent developments in auditing theory and practice, including the use of computers, most recent pronouncements on auditing standards, and problems in auditing multinational corporations. Explores emergent topics and cases in audit practice.
Prerequisite: 22:010:608.
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22:010:612
Corporate Tax Planning and Research (3)
Factors discussed include the interrelationship of taxation with corporate financial and accounting considerations; discussion of deferred tax accounting and its effect on financial statements and tax planning decisions; planning considerations affecting closely-held corporations; in-depth consideration of special topics affecting the determination of income subject to taxation (including the alternative minimum tax); corporate income reporting requirements (including estimated tax); and special tax rules providing various tax incentives.
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22:010:614
Tax Research (3)
Involves extensive case analysis and presentation of findings on tax planning for complex business situations involving tax consequences. The topics explored change from semester to semester and consist of issues in the federal as well as state and local arena.
Prerequisite: 22:010:603.
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22:010:615
Partnership Taxation (3)
Special attention is given to all aspects of partnership taxation. Subjects include information returns necessary under the law, partnership formation and liquidation, special allocations, basis adjustments for operating items, and deductions, losses, and credits to partners. Difficult partnership issues are also researched.
Prerequisite: 22:010:603.
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22:010:616
Federal Tax Practices and Procedures (3)
Special attention is paid to sources of tax principles (law, regulation, and other authority), including use of tax research sources; administrative and statutory procedures and limitations, including court appeals; taxpayer and practitioner penalties and responsibilities; and professional ethics for the tax practitioner.
Prerequisite: 22:010:603.
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22:010:618
Advanced Corporate Taxation (3)
Involves extensive research into complex corporate taxation issues. The specific topics of interest change with each trimester so students address the most current issues.
Prerequisite: 22:010:603.
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22:010:619
Federal Income Taxation of Trusts and Estates (3)
Reviews how the Internal Revenue Code taxes income earned by trusts and estates and how this system of taxation has features in common with the taxation of conduit entities such as a partnership and the taxation of entities such as a C corporation. Will also examine the tax attributes of grantor and charitable trusts.
Prerequisite: 22:010:603.
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22:010:620
State and Local Taxation Seminar (3)
Analysis into how states impose tax on individuals and business entities, the nature of the tax, and the repercussions that stem from multistate operations.
Prerequisite: 22:010:603.
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22:010:622
Internet Technology and Ebusiness (3)
Introduction to telecommunications including LANs and WANs; discussion of how the internet works including the protocols, routing, and domain name service; all the major internet services including World Wide Web, email, telnet, ftp, newsgroups, talk, and chat; markup languages including HTML and extensible markup language (XML); security of information including basics of secret-key and public-key cryptography, digital signatures, and certificates; security of networks and hosts including access control, packet filtering, firewalls, and intrusion prevention and detection; multicasting and Mbone; and data mining and intelligent agents.
Prerequisite: 22:010:577.
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22:010:623
Enterprise Resource Planning Systems (3)
Examines theories, concepts, and methodologies of enterprise resource planning systems (ERPS), i.e. SAP, BAAN, PeopleSoft, Oracle, from the perspective of an internal or external organizational consultant. Includes an examination of assessment and diagnosis, contracting, survey of alternative ERPS, and an overview of usage of one particular system. ERPS are reviewed according to their accounting, marketing, human resources, production, and other features. Combines lectures, class discussion, and case analysis as a vehicle for the application of theory in action.
Prerequisite: 22:010:577.
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22:010:624
Strategic Cost Management (3)
Designed to give students a broad strategic understanding of important aspects of cost and quality management as an integral part of corporate planning and control. Topics include relationships between cost, quality, efficiency, and effectiveness; activity-based management, value analysis, strategic activity-based costing, operational activity-based costing, total quality management, cost of quality, reengineering, continuous improvement, cost and quality control, benchmarking, enterprise resource planning systems, supply chain management, the role of cost and quality in product development, customer management, budgeting and transfer pricing, and behavioral aspects of cost and quality management.
Prerequisite: 22:010:577.
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22:010:625
Tax-Exempt Entities (3)
Prerequisite: 22:010:603.
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22:010:626
Federal Estate and Gift Taxation (3)
Covers factors affecting gratuitous transfers of property during lifetime and at death, together with reporting requirements. Also explores the planning opportunities available to minimize taxation.
Prerequisite: 22:010:603.
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22:010:627
Pension and Profit Sharing Plans (3)
This course surveys all the possible ways the Internal Revenue Code permits taxpayers to plan for their retirement in ways that are the most tax efficacious. The course will also examine how employers compensate their employees in a manner that may defer tax, employing the use, for example, of qualified and nonqualified stock options plans.
Prerequisite: 22:010:603.
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22:010:629
International Taxation I (3)
This is a survey course that will examine the tax repercussions that stem from overseas persons and entities doing business in the United States, with a particular focus on passive investments and business income.
Prerequisite: 22:010:603.
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22:010:630
Advanced Tax Research (3)
Covers the tax research environment including rules and ethics in tax practice. Emphasis is on learning how to research tax problems by locating, understanding, and analyzing source materials such as the Internal Revenue Code, IRS regulations, and court cases.
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22:010:631
International Taxation II (3)
This is a survey course that will examine the tax repercussions that stem from U.S. persons and entities doing business overseas, with a particular focus on the foreign tax credit.
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22:010:647
Electronic Commerce (3)
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22:010:648
Decoding of Corporate Financial Communication (3)
Designed to strengthen the ability to understand and interpret key corporate reports and disclosures, this course begins with exploring incentives for corporations to communicate, user groups with which they communicate, and various forms and channels of communication. Considers major corporate reporting mechanisms such as the Annual Report, Form 10K, Form 8K, and Form 10Q, as well as voluntary disclosures, and discusses interpreting and understanding comparison of financial information and disclosure within and across industries. Throughout the course, we will discuss key financial statement analysis tools including: ratio analysis, working capital, asset management, return on assets, return on equity, the impact of debt on the capital structure. Class also studies the impact of fixed and variable costs and will link this to operating and financial leverage. The ability to analyze, interpret, and manage a firm's financial statements with an emphasis on understanding the reporting choices available to management is an invaluable skill set. Emphasis is on the interpretation, evaluation, and application of financial accounting concepts and theory, communication skills, critical thinking, decision-making skills, and real-world issues in accounting including but not limited to financial malfeasance and ethics.
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22:010:649
Taxation of Financial Instruments (3)
Discusses the major economic features and federal income tax treatment of basic financial products, such as equity, debt, options, forwards, and futures. Analyzes the taxation of different equity and debt derivatives, such as swaps, caps, collars, and hedging transactions, as well as the economic effect of their use on the financial markets. Demonstrates how the taxation of financial instruments may change depending on the taxpayer's role as an investor, dealer, broker, or trader.
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22:010:654
Public Sector Auditing (3)
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22:010:657
Federal Tax Accounting (3)
The focus of this course is on the rules affecting timing of income and deductions for tax purposes. Cash and accrual accounting methods are examined on an overall basis and with respect to individual items of income and deductions. Rules for changing accounting methods and changing accounting periods are also examined as well as issues pertaining to original issue discount.
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22:010:660
Accounting for Digital Era (3)
Explores the evolution of accounting information to the digital economy. It examines the migration to a real-time economy, the electronization of business, and the globalization of business. The student gains an awareness of the future of accounting, reporting, and auditing in the digital age. Technologies and the Sarbanes-Oxley Act provide an understanding about future methodologies that address compliance with the act.
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22:010:661
Contemporary Issues in Corporate Governance (3)
An introduction to the corporate governance mechanism, focusing on accounting issues of corporate governance. Considerable examination of internal controls and monitoring by independent auditors, which have been emphasized by the Sarbanes-Oxley Act. Other topics include earnings management, transparency and timeliness of financial disclosures, and the role of independent corporate boards, including independent audit committees in ensuring reliability of financial disclosures. The course also evaluates the role played by institutional investors, ownership structure, and managerial compensation in the firm's operating performance and valuation.
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22:010:667
Consolidated Returns (3)
Provides in-depth coverage of the federal consolidated group regulations. Emphasis placed on consolidated issues arising from acquisitions and dispositions of members, including the ramifications of section 338 and section 338(h)(10) elections. Additional topics covered include affiliated group status, intercompany transactions, limitations pertaining to the use of net operating loss carryovers and other tax attributes, stock basis calculations, the loss disallowance rules relating to dispositions, unique elections available to consolidated groups, and consolidated group tax planning opportunities.
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22:835:501
Intermediate Accounting I (3)
Includes the development of the conceptual framework of accounting and provides the techniques and underlying rationale of the methods used in accumulating and interpreting financial and operating data. Beginning with the presentation of the basic financial statements, the course develops the procedural skills and conceptualizations needed to understand accounting as an economic measurement and information system essential to the business decision-making process. Includes in-depth study of the practical and theoretical aspects of the basic recording process, preparation of financial statements, and accounting for current and long-term assets and current liabilities with a brief overview of stockholders' equity.
Prerequisite: 22:010:651.
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22:835:502
Intermediate Accounting II (3)
Advanced application of accounting principles to the accounting and reporting of asset, liability, equity accounts, and financial statements. Includes coverage of professional pronouncements related to proper reporting and disclosure of financial information. The course focuses on advanced topics related to long-term debt, debt restructuring, stockholders' equity, accounting for investments, leases, pensions, earnings per share, deferred taxes, and stock options.
Prerequisite: 22:835:501.
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22:835:504
Information Technology in the Digital Era (4)
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22:835:510
Business Law I (2)
Introduces the legal system and the way in which the law interacts with the accountant's function. Provides a basic understanding of the principles of law most commonly related to the practice of accountancy. Stimulates an awareness of the law as an expression of basic social, political, and economic forces. Covers the law in relation to contracts, agencies, and sales of goods.
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22:835:511
Business Law II (3)
Continues the objectives of 835:510, and completes the academic requirements necessary to sit for the commercial law part of the CPA exam. Covers the law in relation to commercial paper, secured transactions, business organizations, and government regulation.
Prerequisite: 22:835:510.
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22:835:552
Accounting for Government Not-for-profit Entities (3)
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22:835:579
Advanced Operations Management and DSS (3)
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22:835:603
Income Taxation (3)
Enables students to recognize and understand the impact of taxation as a major factor for both individual and business planning. Topics include: sources of federal tax law; the concept of realization of income and the timing of deductions; tax accounting methods and reporting periods; a comparison of the conduct of business as a proprietorship, partnership, or corporation; and the use of computers in taxation.
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22:835:604
Auditing Concepts (3)
Examines the principles and components governing management information systems with strong emphasis on the importance of internal control within the system. Illustrates the role of the computer in accounting and general information systems and accounting transactions processing, environment of information systems, designing new system controls, flow charting, management, designing computer-oriented controls, systems analysis, design, implementation, and follow-up principles of systems design and standards of internal control.
Prerequisite: Core course for management M.B.A. students and 22:835:501 for professional accounting M.B.A. students.
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22:835:605
Corporate Taxation (3)
Provides a broad study of federal business income taxation, with particular emphasis on the alternative forms of doing business (proprietorships, partnerships, S Corporations, C Corporations); discussion of rules affecting regular taxation of corporations; topics relating to the life cycle of corporations, including organization, financing, and capital structure, distributions and stock redemptions, corporate separations (including partial liquidations), dissolution and liquidation; and general discussion of the rules regarding consolidated returns and the taxation of multistate and international income.
Prerequisite: 22:835:603 or 22:010:603.
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22:835:625
Advanced Financial Accounting - Theory and Practice (3)
In-depth study of the theoretical and practical problems of accounting for partnerships, business combinations, and nonbusiness organizations, including governmental fiduciaries.
Prerequisite: 22:835:502.
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22:835:626
Advanced Auditing and AIS (3)
The course adds to the knowledge of future accounting and auditing professionals who have taken the prerequisite auditing courses by making them familiar with the technologies used in accounting information systems (AIS) and related information technology (IT) audit methodology. The emphasis of this course is to assist students in (1) obtaining an understanding of the risks associated with key aspects of information systems including: operating systems security, databases, networks, and systems development; and the audit role of Computer Assisted Audit Tools and Techniques (CAATTs); and (2) having a working command of ACL in performing standard attest function tests and fraud detection.
Prerequisites: 22:835:501 and 502.
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22:835:627
Management and Cost Accounting (3)
Covers the problems of generating and utilizing cost data for the dual purpose of managerial control and product costing. Cost accounting principles and procedures are studied in relation to the accumulation and reporting of material, labor, and variable and fixed overhead costs. Actual, normal, and standard cost systems are examined in both a job order and process manufacturing setting. Cost control, cost planning, and cost analysis as used in assisting the managerial function are studied.
Prerequisite: 22:835:501.
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22:835:628
Advanced Accounting Research (3)
The goal of this course is to give students the opportunity to use various aspects of their analytical accounting skills to analyze real-world problems. It is an independent study in which teams address accounting issues and research authoritative literature to prepare suggested solutions to the issue. It is an excellent course for professionals who enter public accounting in that it helps students develop a methodology in researching the authoritative literature.
Prerequisite: 22:835:625.
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22:835:636
Accounting Principles and Problems (3)
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22:835:638
Tax Accounting (3)
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22:835:639
Research Seminar (1)
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22:835:654
Advanced Cost Accounting (3)
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22:835:662
Accounting Research (3)
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22:835:698
Independent Statistics Models (2)
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26:010:557
Social Science Research Methods (3)
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26:010:651
Advanced Topics in Financial Accounting (3)
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26:010:652
Advanced Topics in Managerial Accounting (3)
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26:010:653
Current Topics in Auditing (3)
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26:010:680
Current Topics in Accounting Research (3)
Discussion and review of selected topics in accounting research implementation, and empirical testing in major fields of accounting.
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