ACC 642 (3 credit hours)

Taxation of Business Entities

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 602 (3 credit hours)

Business Ethics for Accounting Professionals

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 650 (3 credit hours)

Accounting Analytics

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 640 (3 credit hours)

Tax Research

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 655 (3 credit hours)

Internal Auditing

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 653 (3 credit hours)

Information Technology and Risk Control

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 630 (3 credit hours)

Advanced Financial Accounting

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 641 (3 credit hours)

Taxation of Corporations and Shareholders

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 643 (3 credit hours)

Taxation of Flow-through Entities

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 642

ACC 645 (3 credit hours)

Issues in Tax Policy and Special Topics

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 652 (3 credit hours)

Advanced Auditing and Assurance Services

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 651 (3 credit hours)

Principles of Fraud Investigation

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 632 (3 credit hours)

International Accounting

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.