ACC 542: Taxation of Business Entities (3 Credit Hours)

Property law and a life-cycle approach to the taxation of entities are presented with a focus on tax associated with property transactions and bases determination.

ACC 545: Business Ethics for Accounting Professionals (3 Credit Hours)

This course will address ethical theory, ethical reasoning, integrity, and other core values of the accounting profession. The professional standards associated with the practice of professional accounting will be examined. Various theories of ethical decision-making will be presented. A case-based approach will be used.

ACC 560: Accounting Analytics (3 Credit Hours)

This course introduces students to various methods and techniques available for analyzing vast amount of accounting data (“Big Data”) to assist with forensic investigation or other strategic decisions. The following types of analyses will be explored: Benford, Decision Tree, Regression, Time Series, and Pattern Discovery. Students will use tools such as IDEA, SAS, SAP, and Excel to conduct vendor-risk scoring, or to investigate such cases as purchase card fraud, multiple-period cost and expense fraud, and reimbursement fraud.

ACC 600: Tax Research (3 Credit Hours)

Study of the tax practice environment including the Treasury Department, the Courts, and the legislative history of the Internal Revenue Code. Course includes library training in the use of computer tax services, such as CCH Research Network (IntelliConnect) in performing tax research. A research methodology for solving tax problem cases is studied and cases to be researched are assigned.

ACC 601: Internal Auditing (3 Credit Hours)

This is a study of the conceptual and practical procedures applicable to internal auditing. The course introduces students to the audit profession and the internal audit process. Emphasis is placed on internal auditing standards (International Standards for the Professional Practice of Internal Auditing), ethics, risk assessment, internal controls and internal auditing techniques.

ACC 604: Information Technology and Risk Control (3 Credit Hours)

This course is an introduction to the risk assessment and audit of information technology. The course explores information technology and information security as they apply to business processes integrated with the accounting system.

ACC 640: Advanced Financial Accounting (3 Credit Hours)

This course provides an in-depth study of advanced topics in financial reporting, with emphasis placed on business combinations, consolidation procedures, and governmental and other not-for-profit entities.

ACC 650: Taxation of Corporations and Shareholders (3 Credit Hours)

This course covers treatment of the principles of taxation concerning the corporate form of organization and its shareholder- owners over the life-cycle of its existence including formation, operations, distributions and its reorganization including its liquidation or other demise. Specific problem areas, including formation, tax formula, non-liquidating and liquidating distributions, capital structure, redemptions, alternative minimum tax, and tax penalties are covered.

ACC 651: Taxation of Flow-through Entities (3 Credit Hours)

Taxation of partners and partnerships, formation, termination, distributions, liquidations, and sales of partnership interests are covered. Limited partnerships in conjunction with their use as tax shelters are discussed as well as family partnerships, limited liability companies, and LLPs. Additionally, the tax treatment of S corporations and its owners is addressed. Prerequisite: ACC 542

ACC 654: Issues in Tax Policy and Special Topics (3 Credit Hours)

A study of tax policy issues inherent in individual and corporate income taxes, consumption taxes, wealth, and wealth transfer taxes. Focus is placed on the purposes of taxation and the development of a “good” tax system.

ACC 656: Advanced Auditing and Assurance Services (3 Credit Hours)

A study of contemporary topics, practices, and techniques in auditing and assurance services. Students use regulatory standards, databases, audit software, cases, experiences and audit expert resources to address relevant issues. Emphasis is on analysis, research, critical thinking, teamwork, verbal and written communication skills, ethics, and professional identity.

ACC 657: Principles of Fraud Investigation (3 Credit Hours)

This course is an introduction to fraud examination from an accounting viewpoint. The course is designed to develop analytical skills that can be utilized by professionals in the prevention, detection, and investigation of fraud including fraudulent financial reporting, employee fraud, money laundering, and evidence management.

ACC 660: International Accounting (3 Credit Hours)

This course provides students with understanding of accounting practices according to the International Financial Reporting Standards (IFRS). Students learn the fundamentals of international accounting standards, preparation of financial statements according to IFRS, and differences between IFRS and US-GAAP. Students may travel to London to experience the process of standard setting and learn the implications of reporting under IFRS versus US-GAAP through interaction with members of the International Accounting Standards Board (IASB), public accounting firms, and corporate officials.