Accounting (ACC)

Under the guidance of a faculty member, student conducts an independent study on a relevant accounting topic using appropriate research methodology.

Discusses cost accounting as a major component of management processes. Investigates planning and control functions with major emphasis on the impact of the budgeting concept on goal optimization. Studies the decision-making implications of cost and revenue in both the manufacturing and distribution processes. Covers the interaction of material, labor and overhead in both process and job order cost systems. Investigates the impact of standard cost procedures, utilizing predetermined rates and variance analysis, as well as other cost techniques on inventory valuation, income determination and performance evaluation.

Studies the preparation of financial statements. This course provides students with a comprehensive coverage of financial reporting and the accounting rules governing the preparation of financial statements. It analyzes the environment of accounting including the need for financial reporting, the role of certified public accountants, the nature of accounting rules, and the institutions involved in the process of setting accounting standards. Emphasis is then devoted to: I) understanding and mastering the accounting standards and techniques in preparing financial statements; II) evaluating accounting information; and III) understanding the effect of selecting specific rules from the acceptable set of accounting standards.

The second part of a two-semester curriculum covering financial reporting and the rules governing the preparation of financial statements. Analyzes the accounting and reporting of Shareholders' Equity. Analysis is extended to cover the accounting treatment of several special and important subjects such as leasing, pensions and post retirement benefits, taxes, and the statement of cash flows. Financial reporting guides of advanced and problematic topics such as derivatives and financial instruments, stock based compensation, software, and restructuring of troubled debt are also extensively discussed and analyzed.

Analyzes the accounting problems inherent in such areas as partnerships and joint ventures, consolidated statements, segment and interim statement reporting, estates and trusts, multinational companies, government, and nonprofit entities.

This course introduces auditing principles tailored for students aiming to build a career in public accounting. It focuses on auditing standards and procedures, and examines the responsibilities of the independent public auditor, particularly in expressing opinions within the context of professional ethics codes.

Considers advanced auditing techniques as practiced in public auditing. Consideration is given to auditing theory relating to complex transactions, events and specialized industries. Integrates current development within the profession and the auditing environment through class discussion.

Forensic Accounting is the application of investigative and analytical skills for the purpose of resolving financial issues in a manner that meets standards required by courts of law. The course focuses on the process of gathering data to support litigation and other legal procedures. Forensic Accountants need an understanding of accounting, criminology, law and investigative auditing techniques. This course will provide the business students with the tools to integrate these functional areas into the desired knowledge base needed as Forensic accountants. Therefore this course emphasizes the detection of fraudulent financial reporting and employee fraud.

Covers the concepts underlying the applicability of computerized techniques to auditing and accounting. Studies the use of test data, computer audit programs, and generalized packaged programs. Examines the theory and use of statistical sampling techniques.

Emphasizes problem solving and the latest pronouncements of the American Institute of Certified Accountants. Topics include: partnership liquidation; corporate, fiduciary and individual tax worksheets; process and job costs, including statement display of variances; statement of affairs, realizations and funds; branch and foreign exchange accounting, installment accounting, year-of and percentage-of completion methods such as LIFO, retail, standard cost, consignments; fire loss; consolidations; and government accounting.

Provides analytical tools needed to evaluate the present financial condition of the firm and to assess its future trend. Topics include: analysis of balance sheets, income statements, funds flow and return on investment. Integrates modern financial concepts such as efficient capital markets, principles of portfolio theory, and statistical projection of earnings with the theory of financial statements analysis.

Studies advanced accounting theory and practice with emphasis on the applications and limitations of accounting; the nature and measurement of income; problems connected with matching cost and revenue. Covers the current thinking of the American Institute of Certified Public Accountants, the American Accounting Association, the Securities and Exchange Commission and the Financial Accounting Standards Board as reflected in their official releases.

Examines the Security Act of 1933, and the Securities Exchange Act of 1934 as they relate to S.E.C. accounting practice and procedure. Provides a basic understanding of registration and reporting requirements revealed in various Commission rules such as Regulations S-X and S-K. Class presentations focus on historical and current developments in public accounting practice. Students, using 10-K S.E.C. filings and annual reports to stockholders, prepare a written analysis of both financial and nonfinancial data contained in these documents.

Studies the controllership function in both business and nonprofit organizations. Relates to the control structure, reporting of financial information, establishment of policy, financial planning and executive management. Emphasis is on the human relations of the controllership function.

This course provides students the opportunity to experience the practical application of accounting data analytics and technology in a business environment. Students with strong academic records may apply. Students must submit application and obtain the Department approval. Students must meet regularly with the instructor, maintain a journal of their internship activities, and complete an end of semester report to communicate the integration of theory and practice. Department approval is required.

Covers the techniques of reviewing and appraising the various functions of an organization with the objective of reporting on the opportunities for improvement and the deficiencies that were disclosed. Stresses the effectiveness of internal controls and operating procedures.

This course encompasses audit and control issues associated with advanced accounting information systems. Discusses topics related to the accounting information systems audits. Considers management control framework, application control framework, evidence collection, and evidence evaluation.

This course is a mix of theoretical and applied materials. It will require students to develop accounting information system(s) from scratch using an object-oriented programming language, like Java, and making use of the modeling concepts covered in the course. This course will cover design considerations for developing an accounting system and how they can be implemented using the features offered by object-oriented design. Different aspects of the Unified Modeling Language as well as certain advanced features of Java programming will be covered in order to develop software components for accounting systems.

Consists of four related modules. (1) Addresses the current cost management practices. (2) Discusses how information technology has strategically changed the nature of cost management. (3) Covers the selection, development, and execution of appropriate buyer-supplier relationships. (4) Overviews cost management and analysis tools. It is advised that IS 613 should be taken prior to this course.

This graduate-level course is designed for public accounting majors. It covers advanced topics in data analytics and artificial intelligence and their applications in the field of accounting. Students will enhance their skills in using analytical tools and critical thinking to meet audit objectives. The course also delves into the roles and tools that internal auditors use to achieve efficiency, compliance, and anti-fraud measures in their audits.

This course provides students with a specialized understanding of information system assurance and advisory services within the context of internal control, financial reporting, and compliance. The course examines the control environment and the implementation of controls in various computer systems, encompassing networks, client/server setups, operating systems, database management systems, enterprise resource planning systems, and applications operating on these systems. Furthermore, it explores substantive tests and tests of controls using software applications for retrieving and analyzing computerized data. The course aims to foster a understanding of the principles guiding the audit of internal controls over financial reporting.

This graduate-level course is for accounting majors. The course begins by tackling the distinctive challenges that companies face in international business, including foreign currency transactions, foreign exchange risk exposures, inflation, and the consolidation and translation of foreign currency financial statements within a multinational framework. It then delves into the accounting and financial reporting issues that are critical in today's global financial market. The course also discusses the convergence or harmonization of accounting standards, along with the core concepts of International Financial Reporting Standards (IFRS). Students will gain insights into the various environmental factors, such as cultural, political, legal, and business influences, that influence a country's accounting system.

Introduces students to the role of accounting information in capital markets. It illustrates how market participants use financial reports and disclosures in making investment decisions. Achieving this goal requires comprehensive analysis of two important dimensions: (1) understanding the fundamentals of capital markets models; and (2) full understanding of the nature and the process of financial reporting.

Provides basic knowledge and techniques required to understand and analyze financial statements. Case studies on actual financial statements will be performed to reinforce the concepts and techniques covered in class. In addition, each student (or group of students) is required to provide a full analysis of an active company in the market, covering all dimensions of financial statement analysis.

The course teaches measuring, analyzing, and reporting relevant cost information that focuses on the overall strategic needs of the organization. It incorporates data, analytics and enterprise resource planning systems (ERP) in cost management systems. Students will learn the application of analytics and technology in cost management and decision-making.

This course aims to explore Accounting Big Data and develop data analytics skills for fraud detection and risk assessment. It is comprised of two modules. Module 1 builds the foundation for accounting data analytics; and Module 2 focuses on the theory and methodology for identifying anomalies and red flags and assessing risk factors. A research project is required.

Introduces advanced graduate students to behavioral research in accounting. Students are provided with a background in the scientific method, with special emphasis on the principles and methodologies of behavioral science. The readings have been selected so as to provide a broad overview of significant areas of behavioral research in accounting. Skill in reading and interpreting research is developed through extensive reading and writing assignments, and through group discussion and debate.

This course teaches contemporary accounting topics that will be selected at the time of course offering.

Under the direction of a faculty advisor, the student will apply the elements of research methodology and appropriate statistical techniques to an independent research project in the area of accounting.

Under the direction of a faculty advisor the student prepares a research document which investigates the impact of a selected accounting topic on the organizational behavior of the firm. Employs the research methodology and data gathering techniques utilized in the behavioral sciences. The objective is to investigate the individual, interpersonal, and organizational process used by an organization in dealing with the impact of the selected accounting topic on the decision process.

Applies accounting concepts and techniques to a variety of managerial concerns. Emphasizes the integration of managerial, economic, financial, and marketing principles as reflected in reports prepared for management. Covers a variety of topics including cost behavior, business segmentation, contribution reporting, variance analysis, financial forecasting, budgeting, and pricing. Restrictions/Requirements:Open to E.MBA students only.

Provides the skills needed to analyze, evaluate and interpret the current financial position of the firm. The course covers the analyses of balance sheets, income statements and statements of cost flows. Selected topics include inventories, investments, intangibles, and long-term obligations. Stockholders' equity includes a discussion of preferred and common stocks along with book values and earnings per share. Attention aslo is given to dividends, both cash and stock, and splits.