Financial Accounting (3)

Staff

The basic concepts and methods used in financial reports for understanding their content and context. The income statement, balance sheet, and statement of cash flows. Detailed accounting procedures and choices. How the most important accounting procedures are calculated and how different choices impact financial statements. Same as MBAd 6211. (Fall and spring)

Financial Reporting Standards (3)

Smith, Xue

A critical understanding of the Financial Accounting Standards Board Pronouncements and professional standards for compilation of financial statements. Analysis of alternative accounting treatments by management in financial reporting. Prerequisite: Accy 6101. (Fall and spring)

Financial Statement Analysis (3)

Kang, Kumar, Hansen

Analysis and interpretation of financial statements for managers, stockholders, creditors, and financial analysts; ratio-driven financial analysis: earnings-based and cash-flow-based equity valuation; sales and EPS forecasting; preparation of projected financial statements. Prerequisite: Accy 6101. (Fall and spring)

Financial and Tax Accounting for Corporate Combinations (3)

Smith

Financial and tax accounting for intercorporate investments and corporate acquisitions and for consolidated groups of corporations. Consolidation procedures, accounting for goodwill, intercompany sales, foreign subsidiaries, and taxation of the corporations and their shareholders. Prerequisite: Accy 6102, 6401. (Spring)

International Reporting and Control (1.5)

Lindahl

International comparisons of forces that shape financial management, such as corporate governance mechanisms, tax policies, economic development, and privatization. Same as IBus 6308. (Fall)

International Accounting (1.5)

Lindahl

Financial management in multinational enterprises: management techniques that improve international financial reporting and control, such as hedging foreign currency fluctuations, and controlling foreign subsidiaries. Prerequisite: Accy 6101. Same as IBus 6309. (Spring)

International Financial Reporting Standards (1.5)

Lindahl

Financial reporting standards that are used throughout most of the world other than the United States. Comparisons of these standards with those of the United States. Prerequisite: Accy 6101. Same as IBus 6310. (Fall and spring)

Managerial Accounting (1.5)

Staff

The internal generation, communication, and interpretation of information for both operational and strategic decision-making purposes. Same as MBAd 6213. Prerequisite: Accy 6101 or MBAd 6211. (Fall and spring)

Accounting and Control (1.5)

Staff

The role of accounting in the decision-making processes of management; understanding of how accounting influences resource allocation decisions in the organization. Prerequisite: Accy 6201. (Fall and spring)

Contemporary Auditing Theory (3)

A comprehensive survey of contemporary auditing as practiced by external auditors (primarily certified public accountants) and internal auditors (those employed within government and corporate entities). Generally accepted auditing standards; government auditing standards. Planning, directing, and reporting on various audits. Prerequisite: Accy 6103. (Fall and spring)

Forensic Accounting: Fraud Examination (3)

Cotton

Financial statement fraud, misappropriation of assets, and methods of deterrence, prevention, detection, and investigation. Prerequisite: Accy 6101; a course in auditing preferred but not required. (Spring)

Federal Income Taxation (3)

Smith and Staff

A study of federal income taxation, covering gross income, deductions and credits, sales and other disposition of property, capital gains and losses, and timing of income and deductions. (Fall and spring)

Federal Income Taxation of Partnerships (3)

Smith and Staff

Financial and tax accounting for partnerships; formation and operation, distribution to partners, liquidation, and transfer of partnership interests. S corporations are also considered. Prerequisite: Accy 6401. (Spring)

Federal Income Taxation of Corporations (3)

Smith and Staff

Federal income taxation of C corporations, covering formation, capital structure, nonliquidating distributions, complete liquidations, corporate accumulations, and the alternative minimum tax. Prerequisite or concurrent registration: Accy 6401. (Fall and spring)

Accounting Information Systems and EDP (3)

Staff

Development and application of accounting system theory, including analysis, design, control concepts, and implementation. Integration of electronic data processing, accounting systems, and management information systems. Prerequisite: Accy 6101. (Fall)

Business Law: Contracts, Torts, and Property (3)

Moersen

Essential legal principles of contracts, torts, and property, including trusts and estates, leases, professional liability, and the Uniform Commercial Code. (Fall)

Business Law: Enterprise Organization (3)

Moersen

The legal aspects of organizing, financing, and operating an enterprise: agency, partnerships, corporations, securities regulation, insurance, suretyship, secured credit financing, and commercial paper. (Spring)

Government Accounting and Auditing (3)

The budgeting, accounting, financial reporting, and auditing required of federal, state, and local governments, nonprofit organizations, and colleges and universities. The financial practices and requirements applicable to organizations receiving governmental financial assistance and those subject to governmental audits. Prerequisite: Accy 6101. (Spring)

Corporate Governance and Ethics (3)

Same as SMPP 6215.

Special Topics (1 to 3)

Experimental offering; new course topics and teaching methods. May be repeated once for credit. (Fall and spring)

Directed Readings and Research (1 to 3)

Zhang, Kang, Kumar, Lindahl

Reasoning and research in technical areas of accounting; theoretical issues and their application to practice; conceptual themes in professional literature; comparative accounting research analyses. (Fall and spring)

Doctoral Seminar (1 to 3)

Dissertation Research (arr.)

Limited to doctoral candidates. May be repeated for credit.

Advanced Reading and Research (arr.)

Limited to doctoral candidates preparing for the general examination. May be repeated for credit.