Master of Accountancy

This course is designed to introduce the student to Graduate Business programs, with emphases upon conceptualizing communication and communication processes in the context of organizations, management and career. Emphasis will be on technology, theories and models, qualitative communication research and presentations.

This course involves in-depth study of specific laws and practices as related to contracts, the Uniform Commercial Code, commercial paper, secured transactions, real and personal property, estates, and bankruptcy.

This course will study international economics with respect to the global aspects of supply and demand. This class will review and evaluate international trade theories, geographic trade patterns, globalization, multinational corporations, and international variations of corporate and national economic policies. By the conclusion of this class, the student will be able to compare and contrast international financial and trade frameworks, and describe the problems and challenges facing the multinational corporation.

This course focuses on analyzing and capturing real-world business transactions to prepare financial statements for external stakeholders. Topic coverage includes transaction analysis, the accounting cycle including financial statement preparation, and the specific accounting treatment. Other subject matter includes reporting requirements, and other considerations associated with current and long-term assets, current and long-term liabilities, and the components of stockholders’ equity.

This course demonstrates how to apply selected statistical techniques to a wide variety of problems and situations arising in the areas of business, economics, finance, management, social science, health, psychology, and education. Topics include graphical description of data; measures of location and dispersion; probability; discrete and continuous random variables; sampling distributions and estimation; confidence intervals and hypothesis tests; simple linear regression and correlation.

This course focuses on the development, presentation, and analysis of financial information to assist management in making better business decisions. Points of emphasis include cost behavior and allocation, methods of costing, cost-volume-profit analysis, planning and budgeting, financial statement analysis and performance measurement, and management decision making. Prerequisite: BUS 591.

In this course, students build upon their foundational knowledge of financial accounting to include the evaluation and application of Generally Accepted Accounting Principles (GAAP) to more complex areas of financial reporting. An overview of topics covered include financial reporting and disclosures for the income statement, balance sheet, and statement of cash flows with special emphasis on revenue recognition, working capital, long-term assets including investments, amongst other topics. In addition to focusing on the reporting and accounting treatment under U.S. GAAP, students will learn about key differences and distinctions in requirements under International Financial Reporting Standards (IFRS). Prerequisites: BUS591 and BUS590.

This course explores advanced managerial and cost accounting topics as they relate to problem solving skills for managers. Topics include activity based costing, activity based management, cost of quality, theory of constraints related to capacity planning and new emerging practices that support management decision making.

This course focuses on the key elements of taxation for individuals, various types of business entities, and estates. Topics covered include tax regulation, research, compliance, and planning strategies for individual taxpayers. Students will also learn about pass-through entities such as partnerships and S corporations, and C corporations, including multinational companies.

This course covers financial statement audits conducted under Generally Accepted Auditing Standards (GAAS) with a strong emphasis on planning, risk assessment, procedures, documentation, and fraud prevention and detection. The course provides students with a sound basis in auditor responsibilities, ethical standards, and effective auditing techniques.

This course applies ethical theory, reasoning, and frameworks to the accounting profession through ethical decision-making models supported by various philosophies and cognitive processes. Emphasis is placed on real-world concepts including corporate governance, financial statement fraud, and audit integrity. Special consideration is given to the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct and the importance of diversity, equity, and inclusion in the workplace.

This course will include a review of accounting information systems application controls and internal control. Topics include hardware and software concepts, application internal controls, internal control procedures, integrated audit software, generalized general ledger software, Sarbanes-Oxley (SOX) internal control requirements and required company and audit documentation.

This course introduces specialized accounting principles applicable to state and local governments and other non-profit organizations. Emphasis will be on fund accounting and students will gain an understanding of the differences between private and public sector accounting.

This course is designed with an emphasis on developing research skills related to complex tax issues. The focus is on interpretation of tax law and finding support for various positions on difficult tax issues related to a variety of business, personal and estate tax issues.

This course expands on basic financial reporting concepts by focusing on complex topics including acquisitions, consolidation, intercompany transactions, partnership accounting, governmental and nonprofit accounting. Multinational accounting issues such as foreign currency, financial instruments, and segment reporting are also covered.

This course is designed to bring together knowledge gained from the previous program courses and allow the student to demonstrate how the various components of an accounting system work together. Broadly the course encompasses complex accounting concepts, financial statement reporting, taxes, risks, information systems, auditing, business law, and ethics.