Accountancy Courses

Our program’s required coursework delves into the latest accounting topics, from internal control and SEC to accounting information systems and more. Your electives provide a more comprehensive understanding of business based on your interests. You can specialize in auditing or take finance, taxation, or even supply chain management classes.

 

Required courses: Accounting undergrad track

*Other business majors, like Finance, may be in the 30-credit track with some additional required courses and fewer elective credits required. 

ACCT 6601 - Internal Control 
2 cr, Available in Fall (prereq: ACCT 5125W Auditing) 
Internal control from management's perspective. Application of COSO Internal Control—Integrated Framework and Enterprise Risk Management—Integrated Framework. 

ACCT 6602 - Securities and Exchange Commission (SEC) and Standard Setting 
2 cr, Available in Fall (prereq: ACCT 5125W Auditing) 
Role/organization of Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB). Compliance with the Securities Act of 1933, Securities and Exchange Act of 1934, and Sarbanes-Oxley Act of 2002. Setting/convergence of international/U.S. accounting/auditing standards. 

IDSC 6003 - Accounting and Information Systems 
2 cr, Available in Spring 
IS/IT infrastructure assessment methods, technology solutions, management issues. Digital data sources. Systems design in accounting and financial reporting information systems. Internal control requirements of the Sarbanes-Oxley Act of 2002. Experiential learning, hands-on use of accounting enterprise software and other packages. 

ACCT 6606 - Financial Data Analytics 
2 cr, Available in Fall 

ACCT 5161 - Financial Statement Analysis 
2 cr, Available in Fall or Spring 
Interpretation/analysis of financial statements. Introduces basic techniques of financial statement analysis and applies them in different settings (e.g., investment/credit decisions). 

ACCT 5181 - Consolidations and Advanced Reporting 
2 cr, Available in Spring 
Theory underlying preparation of consolidated financial statements and mechanical computations needed to prepare statements.

ACCT 5236 - Introduction to Taxation of Business 
2 cr, Available in Fall or Spring 
Introduction to the income tax laws governing the taxation of corporations, partnerships, limited liability companies, limited liability partnerships, and S corporations. Students will also increase their knowledge and skills related to tax research by writing research memorandums. 

 

Required courses: Non-accounting undergrad track

The non-accounting undergraduates' track has additional required courses to qualify sitting for the CPA exam.

ACCT 5102 - Intermediate Accounting II
4 cr, Available in Fall and Spring
Basic valuation problems encountered in financial reporting. Focuses on the valuation of liabilities. Accounting for leases, pensions, and deferred taxes. Introduces consolidated financial statements.

ACCT 5125W - Auditing
4 cr, Available in Fall and Spring
Concepts of auditing internal control/financial statements by generally accepted auditing/professional standards established by the Public Company Oversight Board (PCAOB) and American Institute of Certified Public Accountants (AICPA). Writing Intensive course.

ACCT 5135 - Fundamentals of Federal Income Tax
4 cr, Available in Fall and Spring
U.S. federal taxation system. Concepts of gross income, deductions, and credits. Analysis of the structure of the Internal Revenue Code and its provisions concerning specific areas of law. Interrelationships between legislative, judicial, and administrative authority. Methods, tools, and techniques to conduct tax research.

ACCT 5201 - Intermediate Management Accounting
2 cr, Available in Fall and Spring
Intermediate Management Accounting will expose students to the application of management accounting from a strategic perspective. Students will deepen their knowledge and understanding of management accounting’s role in areas such as sustainability, environmental accounting, and time-based accounting, including time-based activity-based costing, activity-based management, value chain analysis, business process re-engineering, benchmarking, target costing, product life cycle management, quantifying qualitative improvements and “big data.” Via cases and discussion of current articles, students will explore the most current and challenging issues facing management accountants.

ACCT 6601 - Internal Control
2 cr, Available in Fall (prereq: ACCT 5125W Auditing)
Internal control from management's perspective. Application of COSO Internal Control—Integrated Framework and Enterprise Risk Management—Integrated Framework.

ACCT 6602 - Securities and Exchange Commission (SEC) and Standard Setting
2 cr, Available in Fall (prereq: ACCT 5125W Auditing)
Role/organization of Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB). Compliance with the Securities Act of 1933, Securities and Exchange Act of 1934, and Sarbanes-Oxley Act of 2002. Setting/convergence of international/U.S. accounting/auditing standards.

IDSC 6003 - Accounting and Information Systems
2 cr, Available in Spring
IS/IT infrastructure assessment methods, technology solutions, management issues. Digital data sources. Systems design in accounting and financial reporting information systems. Internal control requirements of the Sarbanes-Oxley Act of 2002. Experiential learning, hands-on use of accounting enterprise software and other packages.

ACCT 6606 - Financial Data Analytics
2 cr, Available in Fall

ACCT 5161 - Financial Statement Analysis
2 cr, Available in Fall or Spring
Interpretation/analysis of financial statements. Introduces basic techniques of financial statement analysis and applies them in different settings (e.g., investment/credit decisions).

ACCT 5181 - Consolidations and Advanced Reporting
2 cr, Available in Spring
Theory underlying preparation of consolidated financial statements and mechanical computations needed to prepare statements.
 

ACCT 5236 - Introduction to Taxation of Business
2 cr, Available in Fall or Spring
Introduction to the income tax laws governing the taxation of corporations, partnerships, limited liability companies, limited liability partnerships, and S corporations. Students will also increase their knowledge and skills related to tax research by writing research memorandums.
 

Electives

Examples of courses you can take to fulfill electives requirements.

ACCT 5126 Internal Audit 
2 cr, Available in Fall and Spring 
Financial/operational auditing. Standards. Managing the function. 

ACCT 5181 Consolidations & Advanced Reporting 
2 cr, Available in Spring 
Theory underlying preparation of consolidated financial statements and mechanical computations needed to prepare statements.  

ACCT 5236 Introduction to Taxation of Business 
2 cr, Available in Fall and Spring (prereq: ACCT 5135) 
Introduction to the income tax laws governing the taxation of corporations, partnerships, limited liability companies, limited liability partnerships, and S corporations. Students will also increase their knowledge and skills related to tax research by writing research memorandums. 

ACCT 5311 International Accounting 
2 cr, Available in Spring 
Causes/history of international differences in the design of financial accounting/reporting systems, efforts to harmonize them into a worldwide system. Role/impact of currency translation on financial statements. International Accounting Standards, conceptual framework. 

ACCT 5420 MAcc Directed Study (approved internship) 
2 cr, Available in Fall and Spring 
Internship or directed study in Master of Accountancy degree program. 

ACCT 6603 Advanced Auditing 
4 cr, Available in Spring 
Auditing of derivatives, business combinations, fair value instruments, and other accounting topics. Evaluating the discipline of forensic accounting.

FINA 6121 Debt Markets, Interest Rates, and Hedging 
2 cr, Available in Spring A term 
Bond valuation: yield conventions, spot/forward rates, term structure, binomial pricing, static/option-adjusted spread. Duration: PVBP, Macauley/modified/effective duration, convexity. Portfolio management, hedging: dedicated, immunization, horizon matching, contingent, indexing, portfolio insurance, hedging. Treasury market: role of Fed, auctions, primary dealers, market conventions, bills, notes, bonds, strips, reports. Fixed income markets: agency, corporate, private placement, securitization, and municipal. 

FINA 6241 Corporate Finance Analysis and Decisions 
4 cr, Available in Fall and Spring 
Theoretical/applied understanding of corporate financial decisions. Adjusted present value, economic value added options. Impact of financing decisions on real asset valuation, managerial incentives, corporate strategy. 

FINA 6242 Advanced Corporate Finance Analysis and Decisions 
4 cr, Available in Fall (prereq: FINA 6241) 
Theory/practice of efficiently managing working capital, fixed assets. Emphasizes mergers/acquisitions, corporate restructuring, and real options. Use of derivatives as financing tools in deal structure.  

FINA 6322 Financial Modeling 
2 cr, Available in Spring B Term and Summer 
Financial modeling tools to build, maintain, and interpret comprehensive financial models that provide the framework for understanding businesses and their historical performance, plans/strategies, and market values. Financial analytics/modeling skills.  

FINA 6341 World Economy 
4 cr, Available in Fall and Spring 
Tools to predict/understand ramifications of major economic events. Financial crises. Changes in monetary, fiscal, and financial policies. Strategies for promoting long-run economic growth. Examples from U.S., Europe, Japan, and developing countries. 

FINA 6621 International Financial Management 
2 cr, Available in Spring B Term 
Applying finance theory to multinational corporations' investment, financing, risk management, and decisions. International financial system. Spot, forward, swaps, and options markets for foreign exchange. Interest rate arbitrage, parity. Exchange rate risk analysis/forecast. Measuring/managing currency exposure. Long-term financing with swaps. Multinational capital budgeting. Cost of capital for international projects. 

FINA 6522 Introduction to Derivatives and Financial Risk Management 
2 cr, Available in Spring A Term 
Tools, tactics, risk management strategies. Treasury risk measurement, interest rate risk management, currency risk management, and credit risk management. Value-at-risk approach to integrated risk management. Risk management/corporate financing decisions. Internal control systems. Accounting/disclosure issues.

IDSC 6423 Enterprise Systems 
2 cr, Available in Spring B Term 
Requirements of information systems architectures that help integrate business processes and optimize performance across diverse organizations/divisions. Capabilities of information systems in enterprise integration and supply chain management. Linkages necessary between information systems and business processes.

IDSC 6471 Knowledge Management 
2 cr, Available in Fall A Term 
Design, evaluation, use of knowledge in organizations. Leveraging knowledge in workers, structures, and processes. Assessment of knowledge needs. Evaluation of key decision processes, information demands, usage patterns, and content requirements. Behavioral/cultural barriers. Use of technology for knowledge management.

MBA 6121 Data Analysis and Statistics for Managers 
3 cr, Available in Fall, Spring, Summer 
Concepts/ principles of business statistics, data analysis, and presentation of results. Topics: exploratory data analysis, basic inferential procedures, statistical process control, time series/regression analysis, and analysis of variance. These methods are selected for their relevance to managerial decision-making and problem-solving. 
 

MBT 6201 Accounting Methods I 
2 cr, Available in Spring A term (prereq: ACCT 5135) 
This course covers the federal income tax rules for when income and expense should be recognized.  This course aims to provide students with the statutory and regulatory framework for analyzing and explaining the federal income tax consequences of tax accounting methods and periods issues. 

MBT 6202 Accounting Methods II 
2 cr, Available in Spring B term (prereq: ACCT 5135) 
This course covers special topics within the tax accounting methods area, including changes in accounting methods, accounting periods, installment sales, and inventory concepts. The purpose of this course is to provide students statutory and regulatory framework for analyzing and explaining the federal income tax consequences of special tax accounting methods issues. 

MBT 6221 Tax Research, Communication, and Practice 
4 cr, Available in Fall (prereq: ACCT 5135) 
Tax questions. Locating/assessing potential authority. Communicating research results. Sources of IRS policy. Processing/auditing returns. Rulings, determination letters. Closing agreements. Assessments, collections. 

MBT 6231 Corporate Taxation 
2 cr, Available in Fall A Term (prereq: ACCT 5135) 
Federal income taxation of corporations/shareholders. Organization of a corporation. Establishment of capital structure. Determination of tax liability. Dividends, non-liquidating distributions. Stock redemptions, liquidations. 

MBT 6346 ASC 740 Computations and Analysis 
2 cr, Available in Fall (prereq: ACCT 5135) 
Financial accounting/reporting standards for effects of income taxes from corporate activities. Computation of current/deferred tax expense/benefit. Temporary differences, carryforwards. Computation of deferred tax assets/liabilities, valuation allowances, and business combinations. Investments in subsidiaries, equity method investments. Foreign operations, tax allocations, and interim period tax calculations. 

MBT 6371 Taxation of Property Transactions 
2 cr, Available in Fall (prereq: ACCT 5135) 
Determining realized gain or loss and recognized gain or loss, and tax treatment of that gain or loss on property dispositions. Consequences of property transactions include depreciation, depletion, basis, and capital gains problems.

MBT 6383 Transfer Pricing 
2 cr, Available in Spring A term, odd years only (prereq: ACCT 5135) 
Transfer pricing requirements facing multinational companies. Tax requirements of the United States and other countries that have adopted the "arm's-length standard" or the transfer pricing guidelines adopted by the Organization for Economic Cooperation and Development. Regulations, methods, economic models, pricing policies, transaction accounting, and management of audits of managing transfer prices within a multinational company.

SCO 6041 Project Management 
2 cr, Available in Fall and Spring 
In their careers, contemporary managers spend significant time either participating in or leading projects. Projects are frequently used as proving grounds for high-potentials. The skills required in project management are often the very same attributes required for successfully managing a business. While every project is unique, some concepts and tools (e.g., critical path method, time and cost tradeoffs, resource utilization, and methods to deal with uncertainties) in project management apply to various projects. This course aims to equip students with these concepts and tools (e.g., Monte Carlo simulation, risk analysis) and develop them into successful project managers and team members.

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