Course Descriptions

AC 221 FINANCIAL ACCTNG & REPORTING   3.0 Credit(s)
Emphasis on the information that the language of business provides for decisionmakers. This is accomplished by using a transactions-analysis approach. Individual and team-based problems and cases are used to stress accounting fundamentals as well as the global and ethical issues of accounting decisions.
Offered: Fall, Spring & Summer Sems All Years

AC 222 MANAGERIAL ACCTNG & CONTROL   3.0 Credit(s)
Covers the role of managerial accounting in corporate management. Emphasis is on the introduction of product and service costing, profit planning, cost analysis, and the cost allocation process. Current financial accounting and control matters are reviewed and evaluated. Individual and team-based problems and cases are used to explore global ethical issues.
Offered: Fall, Spring & Summer Sems All Years

AC 313 COST MANAGEMENT   3.0 Credit(s)
Explores critical issues facing accounting and financial managers in the current business environment. Topics include introduction to state-of-the-art managerial accounting practices, in-depth understanding of cost management, product and service costing methods, performance evaluation, and managerial compensation systems. Global and ethical issues are examined. Written assignments, case studies, and team discussions compose much of classroom interaction. Prerequisite: Pre AC-222
Offered: Fall & Spring Semesters All Years

AC 314 ADVANCED MANAGEMENT ACCOUNTING   3.0 Credit(s)
Introduces modern theory of management accounting and control and strategic cost management. Financial and managerial control issues faced by multinational corporations are examined. Topics include cost analysis, activity-based accounting and management, strategic cost control, agency theory, decentralization issues, and incentive and compensation systems. Case studies and development. Team discussions and empirical study compose much of classroom interaction. Prerequisite: Take AC-222
Offered: Spring Semester All Years

AC 331 INTERMEDIATE ACCOUNTING I   3.0 Credit(s)
Further discusses accounting concepts, principles and practices, placing more emphasis on the theoretical aspects involved. While intended for the Accounting major, this is also a most useful course for other majors in the College of Business. Prerequisite: Take AC-221
Offered: Fall, Spring & Summer Sems All Years

AC 332 INTERMEDIATE ACCOUNTING II   3.0 Credit(s)
Covers specialized topics in accounting including but not limited to pension accounting, debt and equity financing issues, stockholders' equity, earnings per share, international accounting, and indepth analysis of the statement of cash flows. Emphasis is on the most recent pronouncements of the FASB and the IASB. Prerequisite: Take AC 331
Offered: Fall, Spring & Summer Sems All Years

AC 392 PROBLEM BASED LEARNING   3.0 Credit(s)

Offered: As Needed All Years

AC 397 VITA   3.0 Credit(s)
The VITA program provides low- to moderate-income taxpayers assistance in the preparation of their tax returns. Students receive Internal Revenue Service (IRS) training to help prepare basic tax returns in the local community. Once training is completed, students must pass the IRS's written examination to become VITA certified and complete the required staffing hours during tax filing season. Emphasis is on the application of current tax law, communication skills, and community service. Prerequisite: Take AC-221 and AC-431
Offered: Spring Semester All Years

AC 399 SPECIAL TOPICS   1.0-6.0 Credit(s)

Offered: As Needed Contact Department

AC 401 ADVANCED ACCOUNTING I   3.0 Credit(s)
Advanced Accounting covers financial accounting and reporting topics such as investments, business combinations, consolidated financial statements, foreign currency transactions, translation of foreign currency financial statements, and partnerships. The topics are analyzed from the perspective of ongoing developments in the business environment, domestic and international standard setting, and associated ethical implications. Prerequisite: AC 332
Offered: Fall & Spring Semesters All Years

AC 402 ADVANCED ACCOUNTING II   3.0 Credit(s)
Prerequisite: AC 401
Offered: Fall & Spring Semesters All Years

AC 421 AUDITING I   3.0 Credit(s)
Studies audit practices used by independent public accountants in examining accounting records and statements. Emphasis is on "generally accepted auditing standards" of evaluation of internal control as well as ethical issues. Prerequisite: AC-332
Offered: Fall & Spring Semesters All Years

AC 422 AUDITING II   3.0 Credit(s)
Prerequisite: AC-421
Offered: Fall & Spring Semesters All Years

AC 431 FEDERAL TAXES I   3.0 Credit(s)
Introduces individual income taxation. Topics include formulation of tax statutes, research methodology, tax planning, analysis of taxable income, and ethical considerations. Prerequisite: AC 332
Offered: Fall & Spring Semesters All Years

AC 432 FEDERAL TAXES II   3.0 Credit(s)
Prerequisite: AC 431 or AC-383
Offered: Fall & Spring Semesters All Years

AC 441 FINANCE ANALYSIS   3.0 Credit(s)
Develops students' ability to analyze financial statements to determine both asset value and earning capacity of the public corporation's securities. Requires an understanding of the positive and negative effects of operating and financial leverage, as well as ratio analysis as it concerns the capitalization, stock, and bond markets. Proof of students' ability lies in the preparation of an analysis of annual report of a major publicly held corporation. Prerequisite: Take FN-215
Offered: Fall & Spring Semesters All Years

AC 490 ACCOUNTING INTERNSHIP   2.0-6.0 Credit(s)
Students are directly involved in various dimensions of accounting. Emphasis is on the practical application of accounting principles and skills to a specific industry or organization. An on-site accounting professional supervises students. Permission of the Department Chair.
Offered: Fall & Spring Semesters All Years

AC 499 INDEPENDENT STUDY   1.0-6.0 Credit(s)
Students work on a special topic under the direction of an instructor. Permission of the instructor and department chairperson is granted to qualified accounting majors on the basis of a written proposal from the student.
Offered: As Needed All Years

AC 610 ACCTG FOR DECISION MAKING & CONTROL   3.0 Credit(s)
This course explores the essentials of providing relevant and useful cost and managerial information to both multinational and domestic corporate managers. Ethical aspects of each of these areas are examined. Much of the classroom interaction comprises written assignments, case studies, and team presentations. Prerequisite: Take WGB 602
Offered: Spring Semester All Years

AC 615 MANAGERIAL CONTROLS & BUDGETING   3.0 Credit(s)
The basic considerations of controllership and budgeting are set forth and analyzed, and the importance of business planning and control is emphasized from a management perspective. Emphasis is on budgeting practices and theory as a tool for profit and control. Prerequisite: Take WGB 602
Offered: Fall Semester All Years

AC 617 FINANCIAL STATEMENT ANALYSIS   3.0 Credit(s)
This course examines current financial reporting and disclosure practices. Emphasis is on development of the ability to analyze financial statements to evaluate the current financial condition of a firm and assess its future trends. Topics include the use of various ratios to analyze income statements, balance sheets, and funds flow. Prerequisite: Take WGB-602
Offered: Late Spring Semester All Years

AC 621 FEDERAL TAXATION   3.0 Credit(s)
Prerequisite: Take WGB-602
Offered: Fall Semester All Years

AC 622 ADVANCED FEDERAL TAXATION   3.0 Credit(s)
Prerequisite: Take AC 621
Offered: As Needed Contact Department

AC 625 INTERNATIONAL ACCOUNTING   3.0 Credit(s)
Prerequisite: Take WGB-602
Offered: As Needed Contact Department

AC 629 CONTEMP ISSUES IN AUDITING   3.0 Credit(s)
This course emphasizes completion of the audit engagement. Includes preparation of various reports, other services offered by CPAs, legal liability, and ethical and professional responsibilities. Prerequisite: Take WGB-602
Offered: Late Spring Semester All Years

AC 690 INTERSHIP IN ACCOUNTING   3.0 Credit(s)

Offered: As Needed Contact Department

AC 699 SPECIAL TOPICS   1.0-6.0 Credit(s)
Emphasis is on the usefulness of accounting information in financial markets through the study of the accounting conceptual framework. Analyses include the standardsetting process, asset valuation, and income determination. Examines accounting policies, ethical issues, FASB financial accounting rules, and the impact of international accounting policies, all with a focus on application to current issues.
Offered: As Needed Contact Department

AC ELEC ACCOUNTING ELECTIVE   1.0-9.0 Credit(s)

Offered: As Needed Contact Department

AC ELEC ACCOUNTING ELECTIVE   1.0-9.0 Credit(s)

Offered: As Needed Contact Department

MSA 600 ADVANCED FINANCIAL REPORTING   3.0 Credit(s)
This course covers US GAAP rules related to accounting for investments, income taxes, and leases, as well as accounting changes and errors, fair value accounting, notes to the financial statements, and the statement of cash flows.
Offered: All Semesters All Years

MSA 602 GOVERNMENTAL & NOT-FOR-PROFIT ACCOUNTIN   3.0 Credit(s)
This course will focus on accounting for state and local governments, accounting for private non-profit organizations, and accounting for bankruptcy and legal reorganizations. Students will also learn the modified accrual basis of accounting used by state and local governments and certain types of other nonprofit organizations, the budget accounting and the fund accounting standards set by the Governmental Accounting Standards Board (GASB). Analyzing comprehensive cases, critical problem solving and reading professional and academic journals will be the integral parts of this course. Prerequisite: Take AC-221 AC-331 AC-332
Offered: Fall & Late Spring Semesters All Years

MSA 603 SPECIAL TOPICS IN FINANCIAL ACCOUNTING   3.0 Credit(s)
This course will focus on advanced level financial accounting topics, such as derivatives and hedge accounting and financial valuation methods and decision models. Students will also learn about the FASB's accounting standard setting procedures, classification and interpretation of the notes in financial statements, emerging reporting frameworks, as well as how to make informed decisions.
Offered: Fall Semester All Years

MSA 604 FINANCIAL STATEMENT ANALYSIS   3.0 Credit(s)
This course emphasizes the content of corporate financial reports and helps learn to analyze the information therein.  It also includes information for evaluating the financial health, operating performance, and growth prospects of corporation-type companies.  The topics to be covered include the corporate financial statements and their relationships, ratio analysis for profitability and risk evaluation, assets/liabilities/owners' equity analysis, intercompany investments, and forecasting financial statements.
Offered: Fall & Late Spring Semesters All Years

MSA 610 ADV. ISSUES IN MGMT ACCTG   3.0 Credit(s)
This course introduces and examines theories and practices of managerial accounting and cost management. Emphasis is given to strategic cost management, product costing systems, cost analysis, cost allocation, responsibility accounting, performance management including balance scorecard for multinational corporations. Ethical issues faced by managerial accountants are also discussed.
Offered: Spring Semester All Years

MSA 621 FEDERAL TAXATION   3.0 Credit(s)
This course introduces the basic principles of taxation common to all types of taxpayers, with special emphasis on business taxation and planning. Topics include tax policy issues, tax planning, computation of business taxable income, and an introduction to the taxation of corporations, S corporations, partnerships, and limited-liability companies.
Offered: Fall Semester All Years

MSA 622 Individual Compliance and Planning   3.0 Credit(s)
This course will focus on individual tax planning considerations for gross income, inclusions and exclusions, adjustments and deductions to arrive at adjusted gross income and taxable income, and passive activity and at-risk loss limitations. Students will also learn tax planning considerations for the computation of tax, estimated taxes, and tax credits, as well as topics related to loss limitations and tax attributes.
Offered: Fall Semester All Years

MSA 623 Entity Compliance and Planning   3.0 Credit(s)
The objective of this course is to analyze sale and exchange property transactions and calculate gains for federal tax purposes. Emphasis will be placed on related party transactions (including imputed interest) and tax planning strategies for entities. Students will also learn about the tax classification of qualified joint ventures, consolidated tax returns and transactions between a shareholder and a corporation, and resulting gains and losses.
Offered: Late Spring Semester All Years

MSA 624 PERSONAL FINANCIAL ADVISORY SERVICES   3.0 Credit(s)
In this course, students will learn individual tax planning, including tax reduction/management techniques, timing of income and expenses, tax consequences of various charitable/philanthropic giving options, and professional standards. The course will also focus on various retirement vehicles available and how they fit into financial planning, review the limits and tax consequences of contributions to or distributions from retirement plans, & determine cash requirements to realize retirement goals, as well as planning for the post-retirement succession of a closely held business.
Offered: Fall Semester All Years

MSA 625 TAX RESEARCH   3.0 Credit(s)
This course will explain and apply various tax research techniques, the importance of tax research, and appropriate techniques for conducting tax research in real world contexts. Students will learn how to apply research techniques to resolve basic to intermediate tax compliance issues and to distinguish primary versus secondary authority in the tax areas, as well as about the hierarchy of federal tax guidance.
Offered: Spring Semester All Years

MSA 626 GLOBAL FN'L RPTG & ANALYSIS   3.0 Credit(s)
This course focuses on policy issues of foreign currency translation, global inflation, transnational reporting and disclosure, and international accounting and auditing standards. Financial statements of multinational and foreign firms are used for financial statement analysis. The course includes case studies, computer-based assignments, and research projects.
Offered: Late Spring Semester All Years

MSA 630 ADV. ISSUES IN FIN. ACCTG   3.0 Credit(s)
The course will focus on the development of generally accepted accounting principles (GAAP) in the United States. Students will become familiar with the Financial Accounting Standards Board (FASB), the International Accounting Standards Board (IASB), the standard-setting process, and how the two boards interact. In addition, recent standards that have been issued by the FASB and/or the IASB and current issues being addressed by each of those standard-setting bodies will be addressed. The course will also cover the relationship of the U.S. Securities and Exchange Commission (SEC) to the FASB/IASB and the authority of and the role that the SEC plays in the standard-setting process in relation to GAAP. Discussions and analysis of current realworld corporate issues such as Sarbanes Oxley, executive pay, corporate boards, and financial statement quality (earnings management) will also be included.
Offered: Late Spring Semester All Years

MSA 631 CONTEMP. ISSUES IN AUDITING   3.0 Credit(s)
Examines advance issues in auditing including in-depth review of the following: forensic accounting and fraud examination, litigation support and expert witness services, the use of statistical sampling in auditing, internal auditing, assurance services, and extending the attestation function. The course makes use of cases, articles, and current pronouncements in the field.
Offered: Fall Semester All Years

MSA 632 IS ASSURANCE AND ADVISORY I   3.0 Credit(s)
This course will explain information technology (IT) governance and strategy and awareness of IT standards. Students will learn the basics of hardware, software, databases, networks, mobile technology, etc., used by entities internally, externally, and through outsourcing arrangements. Emphasis will be placed on relevant IT standards and assurance-related research and techniques. Students will learn about IT systems, controls, and resources to identify risks to information systems and the organizational risk.
Offered: Fall Semester All Years

MSA 633 IS ASSURANCE AND ADVISORY II   3.0 Credit(s)
In this course, students will learn how to analyze and evaluate the flow of transactions in a system interface diagram to identify risks, determine logical access controls, and prepare results of appropriate tests of security. The course will also focus on how to perform tests and report on the results of change management controls, the designing of appropriate tests of application controls related to business processes, and additional procedures needed to obtain sufficient appropriate evidence through data analysis procedures.
Offered: Late Spring Semester All Years

MSA 634 BUSINESS VALUATION & EMERGING ATTESTATI   3.0 Credit(s)
This course is designed to acquaint the student with the business valuation process. Topics to be discussed include business valuation overview, valuation standards, various types of reports, appraisal theory, appraisal engagement, market approach, asset approach, income approach, discounts and capitalization, premiums, and completing the engagement.
Offered: All Semesters All Years

MSA 635 CYBERSECURITY   3.0 Credit(s)
Students will learn how to recognize the basics of cybersecurity and risk management, common cybersecurity frameworks and standards, and cybersecurity testing approaches
Offered: Late Spring Semester All Years

MSA 636 FORENSIC ACCOUNTING   3.0 Credit(s)
This course is designed to acquaint the student with the field and practice of forensic accounting. Topics to be discussed include fraudulent financial reporting, employee fraud, indirect methods of reconstructing income, money laundering and transnational financial flows, various courtroom procedures and litigation support, and cybercrime
Offered: Late Spring Semester All Years

MSA 641 ACCTG. & INFORMATION SYSTEMS   3.0 Credit(s)
This course introduces different applications and technologies essential to transacting business within the rapidly developing global Internet and web. This course also explores issues relating to management information systems that impact the accounting environment. The course makes use of cases, articles, and current pronouncements in the field.
Offered: Spring Semester All Years

MSA 650 INTRO TO ACCOUNTING ANALYTICS   3.0 Credit(s)
This course provides a practical foundation to understand the impact of Data Analytics on Accounting, Auditing, and Financial Reporting. The student, through a hands-on methodology, will learn how to identify business questions that can be addressed with data, and then testing the data, refining the testing, and finally communicating the findings.
Offered: Fall Semester All Years

MSA 651 ADVANCED DATA ANALYTICS   3.0 Credit(s)
In this course, students will demonstrate the ability to extract, transform, and load data, apply data mining techniques to a data set, and interpret appropriate predictive and prescriptive analysis. The focus will be on the designing and interpretation of the results of a Key Performance Indicators (KPI) dashboard, what-if analysis, and the assumptions about and evaluations of data models for appropriate checks and balances. Students will also be introduced the concepts of audit analysis and the skills needed to extract, manipulate, analyze, and summarize tax data to solve tax problems.
Offered: Late Spring Semester All Years

MSA 670 FORENSIC & INVESTIGATIVE ACCT   3.0 Credit(s)
This course is designed to acquaint the student with the field and practice of forensic accounting. Topics to be discussed include fraudulent financial reporting, employee fraud, indirect methods of reconstructing income, money laundering and transnational financial flows, various courtroom procedures and litigation support, and cybercrime and business valuations.
Offered: Spring Semester All Years

MSA 671 UNDERSTANDING BUS. VALUATIONS   3.0 Credit(s)
This course is designed to acquaint the student with the business valuation process. Topics to be discussed include business valuation overview, valuation standards, various types of reports, appraisal theory, appraisal engagement, market approach, asset approach, income approach, discounts and capitalization, premiums, and completing the engagement.
Offered: Late Spring Semester All Years

MSA 680 AUDIT DATA ANALYTICS   3.0 Credit(s)
This course provides the concepts of audit analytic techniques and the modern analytic tools developed for internal and external auditors. Students will learn how analytics can be applied in each phase on the audit such as risk assessment, analyzing patterns, identifying anomalies, and extracting useful information of an audit process through analysis, modeling, and visualization. Prerequisite: Take MSA-600 and MSA-630
Offered: Spring Semester All Years

MSA 681 TAX ANALYTICS   3.0 Credit(s)
This course provides students with the skills needed to extract, manipulate, analyze and summarize tax data to solve tax problems and develop actionable tax strategies. Students will learn analytical tools and the process to utilize regressions and scenario analysis to gain insight into various tax topics, forecast effective tax rates, and manipulate the tax data into a visual front end. Prerequisite: Take MSA-600 and MSA-630
Offered: Late Spring Semester All Years

MSA 690 FINANCIAL STATEMENT ANALYSIS   3.0 Credit(s)
This course emphasizes the content of corporate financial reports and helps students learn to analyze the information therein. It also includes information for evaluating the financial health, operating performance, and growth prospects of corporation-type companies. The topics to be covered include the corporate financial statements and their relationships, ratio analysis for profitability and risk evaluation, assets/liabilities/owners' equity analysis, intercompany investments, and forecasting financial statements.
Offered: Late Spring Semester All Years

MSA 691 ACCOUNTING ANALYTICS   3.0 Credit(s)
This course provides a practical foundation to understand the impact of Data Analytics on Accounting, Auditing, and Financial Reporting. The student, through a hands-on methodology, will learn how to identify business questions that can be addressed with data, and then testing the data, refining the testing, and finally communicating the findings.
Offered: Late Spring Semester All Years

MSA 695 RESEARCH CAPSTONE PROJECT   3.0 Credit(s)
In this course, students will learn the importance of and appropriate techniques for conducting accounting research. Emphasis will be placed on how to identify the appropriate authoritative guidance (e.g., FASB, ASC, PCC) and resources for accounting research and how to use applied research techniques to resolve basic to intermediate accounting issues.
Offered: Fall Semester All Years

MSA 698 FORENSIC ACCOUNTING CAPSTONE   3.0 Credit(s)

Offered: All Semesters All Years

MSA 699 ACCOUNTING ANALYTICS CAPSTONE   3.0 Credit(s)
In this course, students will identify a problem, conduct in-depth research using audit or tax data, and apply analytical methods and tools to predict a feasible solutionto the problems. Students will present their research findings at the end of the semester.
Offered: Summer Semester All Years