Accounting

ACCT 6193 Professional Accounting - Regulation (1 semester hour) This course is designed to help students prepare for careers in professional accounting and professional examinations. Prerequisites: ACCT 3351 or ACCT 6351, and ACCT 6352. (1-0) R

ACCT 6194 Professional Accounting - Business (1 semester hour) This course is designed to help students prepare for careers in professional accounting and professional examinations. Prerequisites: (ACCT 4336 or ACCT 6344) and (ACCT 4342 or ACCT 6343), and (ACCT 3341 or ACCT 6341). (1-0) R

ACCT 6201 Introduction to Financial Accounting (2 semester hours) This course explores the role of financial accounting information in the economy and explains how accounting information found in financial statements and annual reports is used in decision-making by investors, analysts, creditors and managers. May not be taken for Accounting program credit. (2-0) S

ACCT 6202 Introduction to Managerial Accounting (2 semester hours) This course presents a detailed study of how managerial accounting information supports the operational and strategic needs of the enterprise and how managers use accounting information for decision-making, learning, planning and controlling activities within organizations. May not be taken for Accounting program credit. (2-0) S

ACCT 6203 Professional Accounting Communications (2 semester hours) This course is designed to improve accounting students' language and communications skills through lectures, readings, presentations and directed individualized study. Prerequisites: none. (2-0) S

ACCT 6286 Governance, Risk Management and Compliance (2 semester hours) Examines how corporate directors, senior officers, professional service providers, and consultants design, develop, and implement systems of corporate governance. Various experts in the field speak to the class on the relationship between corporate governance and risk management, compliance, regulations, regulatory reporting, ethics and corporate culture. Prerequisites: ACCT6201 and ACCT6202. (2-0) Y

ACCT 6291 Professional Accounting - Financial (2 semester hours) This course is designed to help students prepare for careers in professional accounting and professional examinations. Prerequisites: (ACCT 3331 or ACCT 6330 and ACCT 3332) or (ACCT 6332 and either ACCT 6333 or ACCT 6365). (2-0) R

ACCT 6292 Professional Accounting - Audit (2 semester hours) This course is designed to help students prepare for careers in professional accounting and professional examinations. Prerequisites: ACCT 3334 or ACCT 6334, and ACCT 6335. (2-0) R

ACCT 6305 Accounting for Managers (3 semester hours) Fundamental concepts in accounting and financial reporting are presented from the perspective of business managers. May not be taken for Accounting program credit. Students who have completed ACCT 6201 and ACCT 6202 may not also take ACCT 6305 for program credit. (3-0) S

ACCT 6309 (MIS 6309, OPRE 6391) Business Data Warehousing (3 semester hours) This course provides the student with in depth knowledge of data warehousing principles, data warehouse techniques, and business intelligence systems. The course introduces the topics of data warehouse design, Extract-Transform-Load (ETL), data cubes, and data marts. Students will create business intelligence using data warehouses with several OLAP and analytical tools. The course currently uses SAP BW, SAP BEx, SAP Data Mining Workbench, and SAP Business Objects as tools to illustrate these concepts. (3-0) Y

ACCT 6320 (OPRE 6393, MIS 6320) Database Foundations (3 semester hours) The course is designed to provide database knowledge for non-MIS business students to function effectively in their functional area. The course covers fundamentals of relational databases, relational database structure, database queries, and reports. Structured Query Language will be used extensively. Applications of databases for accounting, finance, marketing, and other areas of business will be emphasized. Cannot be used to satisfy the requirements of MS ITM degree. MIS 6320 and MIS 6326 cannot both be used to satisfy degree requirements. (3-0) Y

ACCT 6330 Intermediate Financial Accounting I (3 semester hours) A study of external financial reporting, including measurement and reporting of cash, receivables, inventories, property, plant, and equipment, and intangibles. Financial statement presentation issues are analyzed to gain an appreciation for the impact of generally accepted accounting principles on business decisions. Students who have taken ACCT 3331 or its equivalent may not take ACCT 6330 for credit. Prerequisite: ACCT 6201 or equivalent. (3-0) S

ACCT 6331 Cost Accounting (3 semester hours) Nature, measurement and analysis of accounting data appropriate to managerial decision making, and comprehensive budgeting; statistical cost estimation; cost-volume-profit analysis; gross profit analysis; application of probability to cost control; capital planning. Students who have taken ACCT 3341 or its equivalent may not take ACCT 6331 for credit. Prerequisites: ACCT 6202 or equivalent. (3-0) S

ACCT 6332 Intermediate Financial Accounting II (3 semester hours) This course is a continuation of topics in external financial reporting, including: issues related to the measurement and reporting of current liabilities and contingencies, bonds, leases, deferred taxes, pensions, stock-based compensation plans, shareholders equity, earnings per share, accounting changes, and cash flows. Current generally accepted accounting principles for financial reporting are analyzed. Students who have taken ACCT 3332 or its equivalent may not take ACCT 6332 for credit. Prerequisite: ACCT 6330 or equivalent. (3-0) S

ACCT 6333 Advanced Financial Reporting (3 semester hours) The application of accounting principles in complex settings is studied. Topics include accounting for business combinations, consolidated entities, partnerships, transactions in foreign currency, and translation of financial statements reported in foreign currency. Prerequisite: ACCT 6332 or instructor consent. (3-0) S

ACCT 6334 Auditing (3 semester hours) This course introduces the basic concepts, philosophy, standards, procedures, and practices of auditing. Topics include generally accepted auditing standards, the changing role of the independent auditor, professional conduct and ethics, auditor's reporting responsibilities, risk assessment, internal control, evidential matter, and management fraud. Prerequisite: ACCT 6330 or equivalent. (3-0) S

ACCT 6335 Ethics for Professional Accountants (3 semester hours) Ethical reasoning, integrity, objectivity, independence and other core values as defined by the American Institute of Certified Public Accountants are presented. (3-0) S

ACCT 6336 (HMGT 6336) Information Technology Audit and Risk Management (3 semester hours) Management's role in designing and controlling information technology used to process data is studied. Topics include the role of internal and external auditors in systems development, information security, business continuity, information technology, internet, change management and operations. Focus is placed on the assurance of controls over information technology risks and covers topics directly related to the Certified Information Systems Auditor (CISA) exam. (3-0) Y

ACCT 6338 (MIS 6338) Accounting Systems Integration and Configuration (3 semester hours) Using SAP or similar software, this course focuses on accounting information systems as part of integrated enterprise systems and modern systems analysis and design of integrated accounting systems. Emphasis will be on integrated business processes and related financial transaction flows, system analysis and design methods in SAP with focus on configuration methods. (3-0) R

ACCT 6339 Financial Reporting using XBRL and XML (3 semester hours) Using case studies reflecting different ways of collecting and analyzing financial and managerial information, students are introduced to enterprise software, financial reporting using XBRL, XML, and the importance of multiple views of accounting data for decision-making. Relevant e-business aspects will be covered. (3-0) R

ACCT 6340 (MIS 6308) System Analysis and Project Management (3 semester hours) Provides the student with an in-depth knowledge of object oriented systems analysis and design procedures. Software project management techniques will be introduced. At the end of the course, the student will be able to analyze business solutions and design computer based information systems using object-oriented methodologies. Co/Prerequisite: MIS 6326. (3-0) R

ACCT 6341 Planning, Control and Performance Evaluation (3 semester hours) The application of management accounting for planning, control and performance evaluation is studied for various business situations. Topics include planning, budgeting, performance evaluation, centers of responsibility, modern control methods, management compensation, and transfer pricing. Extensive use of cases is used to demonstrate concepts. Prerequisite: ACCT 6202 or instructor consent. (3-0) Y

ACCT 6342 Strategic Cost Management (3 semester hours) Cost analysis is integrated with strategic analysis to understand the role of financial and non-financial information in operational and strategic decision-making. Topics include strategic value chain analysis, strategic positioning analysis, activity based management, line of business evaluation, life cycle costing, technology costing, target costing, quality cost management and balanced scorecard. Prerequisite: ACCT 6202 or equivalent. (3-0) R

ACCT 6343 Accounting Information Systems (3 semester hours) Managing the design, control and operation of accounting information systems in a computerized organizational environment is studied. The emphasis is on identifying the information needs of decision makers and developing appropriate business process control in the design of accounting information systems. Prerequisites: ACCT 6201 and 6202 or equivalent. (3-0) S

ACCT 6344 Financial Statement Analysis (3 semester hours) Analysis of financial statements for evaluating firm performance and risk. Topics include interpretation of financial statements and footnotes, managers' incentives for earnings manipulation, comparative analysis of firms, and ethics in financial reporting. Prerequisite: ACCT 6201 or equivalent. (3-0) S

ACCT 6345 Business Valuation (3 semester hours) Financial statement based valuation models are studied. Topics include earnings management, income measurement and profitability assessment, discounted cash flow, and accounting-based valuation models. Prerequisite: ACCT 6201 or instructor consent. (3-0) Y

ACCT 6349 (MIS 6302) Information Technology Strategy and Management (3 semester hours) This course explores the strategic management and control issues associated with information technology. It provides a framework to understand how IT strategy aligns with business strategy and focuses on developing an understanding of the key information requirements for developing an IT strategy and systems architecture. This includes conducting IT sourcing analysis, and managing IT investments effectively to maximize business value. The course will consist of a mix of real-world case studies on IT strategy development across different industries. May not receive credit for both ACCT 6349 and MIS 6302. (3-0) R

ACCT 6350 Fundamentals of Taxation I (3 semester hours) Introduction to the role of taxes in today's society and their impact on individuals and business entities; emphasis on federal individual income taxation. Prerequisite: ACCT 6201 or equivalent. (3-0) S

ACCT 6351 Individual Taxation (3 semester hours) Taxation principles and concepts for individual income taxation are studied. Prerequisite: ACCT 6201 or equivalent. (3-0) S

ACCT 6352 Corporate Taxation (3 semester hours) Income taxes on corporations and associations, reorganizations, and corporate distributions are examined. The role of taxes in business decisions and business strategy is emphasized. Prerequisite: ACCT 6350 or ACCT 6351 or equivalent. (3-0) S

ACCT 6353 Fundamentals of Taxation II (3 semester hours) Certain common and special Federal tax laws for individuals, partnerships, corporations, estates, trusts, and miscellaneous entities. Topics include income tax returns for partnerships and business corporations. Survey coverage of corporate tax issues, IRS audits, and exposure to partnerships, estate and gifts and international taxation. Prerequisite: ACCT 6350 or ACCT 6351 or ACCT 3350 or equivalent. (3-0) S

ACCT 6354 Partnership Taxation (3 semester hours) The tax law is studied as it relates to the formation of a partnership, the determination of the taxable income of the partnership and the distributive shares of the partners, the tax consequences of distributions by a partnership and of transfers of interests in a partnership. Prerequisite: ACCT 6350 or ACCT 6351 or equivalent. (3-0) S

ACCT 6356 Tax Research (3 semester hours) Identification and evaluation of legal authorities applicable to tax issues for individual and business taxpayers are studied. Application of research in tax planning and administrative procedures in a tax practice, emphasizing the structure of the Internal Revenue Service and its impact on a tax practitioner. Prerequisite: ACCT 6350 or ACCT 6351 or equivalent. (3-0) Y

ACCT 6362 International Accounting (3 semester hours) Accounting and auditing functions and activities in various international environments are evaluated also in the context of international accounting and auditing harmonization. Causes of international differences and international classification efforts are examined. Comparison between International Financial Reporting Standards (IFRS) and prevailing US Accounting Principles (FASB) and contemplated convergence between the two systems are appraised. Accounting concepts, standards, methods and practices in foreign environments and their relationship to US accounting are assessed. Topics include foreign currency translation, consolidation, performance measurement of international entities, accounting for international operations, comparative accounting systems, transfer pricing and financial reporting of foreign and multinational corporations. Prerequisite: ACCT 6201 or equivalent or instructor consent. (3-0) Y

ACCT 6365 Governmental and Not-For-Profit Accounting (3 semester hours) Accounting practices for governmental and not-for-profit organizations are studied, including accounting requirements for institutions, municipalities, and state and federal government. Topics include performance budgeting, systems analysis, and accounting implications of economic decisions. Prerequisite: ACCT 6201 and ACCT 6202 or instructor consent. (3-0) R

ACCT 6370 Business Law (3 semester hours) Laws affecting business organizations and laws influencing managerial decision-making are examined. Topics include contract law, law of agency, law of commercial transactions, and the uniform commercial code and the laws relating to the formation and operation of corporations. (3-0) Y

ACCT 6377 Corporate Governance (3 semester hours) Corporate governance is a system of policies and processes established and maintained by a board of directors and top management to oversee an organization's strategic activities and resulting performance. The system seeks to ensure proper accountability, probity, and openness in the conduct of an organization's business for the long-term benefit of its shareholders by causing the right questions to be asked and by placing checks and balances in place to ascertain the answers reflect reality. Thus, corporate governance focuses on enhancing the relationships among a company's board of directors, top management, investors (particularly institutional investors), and other stakeholders. Each session has two themes: issues are addressed academically by the instructor and pragmatically by prominent practitioners. Prerequisites: ACCT 6201 and ACCT 6202. Course open to all JSOM masters' candidates. (3-0) S

ACCT 6380 (HMGT 6380) Internal Audit (3 semester hours) The course covers internal audit from a broad perspective that includes information technology, business processes, and accounting systems. Topics include internal auditing standards, risk assessment, governance, ethics, audit techniques, consulting and emerging internal audit issues. This is the first course leading to Internal Auditing Education Partnership (IAEP) Certificate and prepares students for the Certified Internal Auditor Exam. Students work on internal audits as part of class along with learning the latest internal audit techniques. (3-0) Y

ACCT 6382 (HMGT 6382) Advanced Auditing (3 semester hours) This course provides an indepth view of issues related to internal and external audit. Current and emerging issues such as Enterprise Risk Management, Advanced Communication Techniques, Managing the Audit Group, and Quality Assessment Reviews are all covered as part of the class. Weekly assignments and case studies are discussed in detail in class along with a major project with practitioners. The course covers topics necessary for students work as an auditor in charge. Prerequisites: ACCT 6334 or ACCT 6380 or HMGT 6380. (3-0) R

ACCT 6383 Fraud Examination (3 semester hours) This course will include a review of techniques used in solving financial crimes including: interviewing techniques, rules of evidence, sources of information, forensic accounting procedures and current issues in financial investigations. The course will include the criminal statutes related to financial crimes. Case studies will be used to discuss interviewing techniques and other indirect methods of proof in resolving financial crimes. Various financial documents and instruments will be discussed and reviewed as part of the documentary evidence to support financial investigations. Prerequisites: ACCT 6330 and ACCT 6332 or equivalent. (3-0) Y

ACCT 6384 Analytical Reviews Using Audit Software (3 semester hours) This course will introduce students to the theory and tools used to leverage automated auditing software, such as ACL and IDEA. It will include an analytical review of accounting and operational data for internal auditors. The course includes hands-on use of audit software and the development of an audit dashboard. The course will also explore ways to leverage the enterprise technology and use available technology to monitor controls and detect fraud. (3-0) R

ACCT 6385 Managerial Accounting in Enterprise Systems (3 semester hours) This course will cover the complexity and functionality of managerial accounting systems within Enterprise Systems. Cost center accounting, profitability analysis, product costing, profit center accounting and reporting related to managerial decision-making will be covered. Use of SAP or similar software will be used to demonstrate concepts. Prerequisites: ACCT 6201 and ACCT 6202. (3-0) R

ACCT 6386 Governance, Risk Management and Compliance (GRC) (3 semester hours) GRC examines, from the perspective of corporate directors, senior officers, professional service providers, and consultants the relationship between Corporate Governance and selected components: risk management, compliance, regulations, and regulatory reporting. In addition, these will be linked to two other aspects of Corporate Governance: ethics and corporate culture. Experts in the field provide insights into how systems of corporate governance are designed, developed, and implemented. GRC benefits graduates interested in pursuing careers as auditors (external and internal), consultants, forensic accountants, risk management experts, compliance officers, and ethics officers. Prerequisites: ACCT 6201 and ACCT 6202. Course open to all JSOM masters' candidates. (3-0) Y

ACCT 6387 Executive Compensation and Shareholder Returns (3 semester hours) Covers issues related to executive compensation and its impact on shareholder wealth. Students review the history of executive compensation and the relationship of executive pay to average employee pay, as well as data on whether there is alignment between current compensation methods and shareholder returns. This will include study of the corporate scandals which led to the Sarbanes-Oxley Act of 2002, the proliferation of golden parachutes, pending legislation and regulations such as "say on pay" and increasing federal involvement in compensation issues, e.g. the appointment of a federal "pay czar" at the Department of the Treasury to manage executive salaries at companies receiving federal bailout money. (3-0) Y

ACCT 6388 Accounting Communications (3 semester hours) Introduction to various types of professional communication, both written and oral. Students practice skills in communication styles such as memos, email, research reports, proposals, presentations, and interviews. (3-0) S

ACCT 6389 Volunteer Income Tax Assistance Practicum (3 semester hours) This course is designed to provide students with an opportunity to expand and apply their tax compliance skills in a community service environment through the execution of the Volunteer Income Tax Assistance (VITA) program through a combination of in-class seminars and out-of-classroom application. Prerequisite: ACCT 3350 or ACCT 3351 or ACCT 6350 or ACCT 6351. (3-0) R

ACCT 6v98 Accounting Internship (1-3 semester hours) Student gains experience and improves skills through appropriate developmental work assignments in a real business environment. Student must identify and submit specific business learning objectives at the beginning of the semester. The student must demonstrate exposure to the managerial perspective via involvement or observation. At semester end, student prepares an oral or poster presentation, or a written paper reflecting on the work experience. Student performance is evaluated by the work supervisor. Consent of the School of Management's Internship Coordinator is required. ([1-3]-0) S

ACCT 6v99 Special Topics in Accounting (1-4 semester hours) May be lecture, readings or individualized study. May be repeated for credit. ([1-4]-0) S

ACCT 7313 Contemporary Research in Accounting and Economics (3 semester hours) This course will introduce analytical and empirical methods appropriate for addressing accounting questions in the capital markets arena. The emphasis will be to provide a foundation for research methods in accounting. Topics will include use of accounting information for valuation, value relevance, earnings management, accounting and audit as corporate mechanisms and some anomalies. Prerequisite: Consent of the instructor. May be repeated for credit as topics vary. (3-0) T

ACCT 7314 Empirical Research in Financial Reporting (3 semester hours) Presents current areas of research in the area of financial reporting. Emphasis is ongoing and recently completed research studies, including understanding of their antecedents and research methodologies. Capital market based empirical research topics will be covered. In particular, the role of analysts as financial information intermediaries will be examined. Prerequisite: Consent of the instructor. May be repeated for credit as topics vary. (3-0) T

ACCT 7323 Empirical Research in Accounting and Economics (3 semester hours) This course is designed to further the ability of the students to critically analyze completed research efforts, to provide insight into how a given stream of research (e.g. earnings return association studies, trading volume) develops over time and to further the students' knowledge of academic accounting research in the area of financial accounting / reporting. May be repeated for credit as topics vary. (3-0) T

ACCT 7324 Empirical Research in Financial Accounting (3 semester hours) Presents a detailed study of past and current empirical research in the areas of financial accounting and other related fields. Emphasis is on a clear understanding of hypothesis formulation, research design, sample selection and statistical techniques used in these studies. Topics include financial reporting, valuation and analyst forecast. May be repeated for credit as topics vary. (3-0) T

ACCT 7333 Analytical Research in Accounting and Economics (3 semester hours) Presents a detailed study of economics based analytical research in accounting. Emphasis is on a clear understanding of theoretical paradigms, modeling issues, interpretation of the results, and empirical applications of analytical models. Topics will include the role of information for valuation, contracting, and performance evaluation, and analysis of financial and non-financial performance measurement. May be repeated for credit as topics vary. (3-0) T

ACCT 7334 Research Foundations in Accounting (3 semester hours) Presents a detailed study of economics based research in financial accounting reporting. Emphasis is on providing an understanding of the current research in capital market based financial accounting. This course provides a platform for supplementing and integrating the students' knowledge of basic research methods and tools and requires the students to identify an accounting topic that they are interested in and to write a research paper in that topic. May be repeated for credit as topics vary. (3-0) T

ACCT 7343 Empirical Research in Managerial Accounting (3 semester hours) Presents a detailed study of empirical research in the area of managerial accounting. Emphasis in on providing an understanding of the current research in managerial accounting. Topics covered include managerial incentives, design of compensation contracts, performance measurement and cost management. May be repeated for credit as topics vary. (3-0) T

ACCT 7344 Advanced Research in Accounting (3 semester hours) This course exposes the students to a wide range of empirical research methodologies including large sample archival research. Emphasis is on providing a clear understanding of the research methods including the theoretical aspects that underlie. May be repeated for credit as topics vary. (3-0) T