Session 1 (3 credit courses)
Advanced Auditing and Assurance Services
Theory of the attest function and advanced practical applications with attention to methods and procedures for evidence gathering, evaluation, and reporting. Philosophy, statistical sampling, EDP auditing, fraud examination, professional ethics, and audit research cases emphasized.
Problems in Financial Reporting
Intensive examination of financial statements from the point of view of the user. Focus on accounting institutions, standards, and methodology, and the interpretation of accounting data, revenue and expense recognition, and reporting. Issues in debt and equity financing.
Session 2 (3 credit courses)
Financial Statement Analysis
Analysis, understanding, and interpretation of financial statements; simple skills and methods for making common sense of the elaborate financial statements and financial reports prepared according to existing accounting standards and conventions. Skills relevant to credit analyses, lending decisions, security analyses, investment decisions, and other decisions that rely on financial data.
Leadership and Managing Human Capital
This course helps students acquire new knowledge and develop skills related to the understanding of managing behavior and processes in organizations. It is the goal of this course to help you become more aware of your effectiveness in organizational settings. Topical coverage includes organization’s culture and structure, group/team dynamics, leadership and power, communication, decision-making, motivational theories and applications, managing stress, and individual of perceptions, attitudes and personality.
Session 3 (3 credit courses)
Performance Measurement and Competitive Strategy
Advanced techniques are used to analyze managerial accounting information systems for decision-making with profit planning and control emphasized. Cases and current readings on budgeting, cost control, standards, and performance evaluation, including a balanced scorecard are covered.
Valuation as the unifying principle of Finance. Topics include forms of business ownership, firm and project cash flows, time value of money, bond and stock valuation, capital budgeting, operating and financial leverage, risk and diversification, and the cost of capital.
Session 4 (3 credit courses)
This case-based course includes analysis of the federal tax laws as they apply to the income of partnerships, decedents, estates and trusts, and corporations. Focus is placed on corporate distributions, especially taxed corporations, capital changes, liquidations, and corporate reorganizations.
Commercial Business Law and Regulation
This course covers various aspects of the uniform commercial code, with emphasis on the following topics: formation, operation, and discharge of contracts; agency; commercial paper; debtor-creditor relationships, including bankruptcy; property, partnerships, and corporations with respect to liability, the power of corporate officers, and the right of stockholders; negotiable instruments and bailment; and other aspects of federal legislation that impact business operations.
Session 5 (3 credit courses)
Accounting Information Systems and Internal Control
This course examines concepts, principles, and components of computerized accounting information systems. Topics include information concepts, data flow diagrams, data dictionaries, a model information system, system flowcharts, internal controls, hardware and software study, structured red systems analysis, structured systems design, systems implementation and operation, and AIS applications.
Colloquium on Current Accounting Issues in Accounting Practice
Professionals from public accounting and industry will speak on topics of current interests in accounting, auditing and income taxes in conjunction with the coverage of topics from popular press. Students attend or participate in forums, seminars or conferences on current issues in accounting practice.