Accounting

							                      ACCOUNTING CURRICULUM
BUAC   711    Financial Planning and       Prerequisites:   This course provides an analysis of several topics
              Control Systems for          BUSI 611, BUSI   concerning financial planning/control systems
              Managers and                 630, BUSI 681    (management accounting systems). Topics covered:
              Consultants                                   design and use of cost management systems (including
                                                            activity-based costing systems), financial performance
              Credits: 2                                    measures for enhancing firm value, managerial incentive
                                                            contracts and accounting data, management accounting
                                                            and Internet-based transactions, managing earnings and
                                                            financial ratios, use of balanced scorecard to evaluate
                                                            financial/nonfinancial managerial performance,
                                                            management accounting systems and competitor
                                                            analysis, behavioral aspects of budgeting, post-auditing
                                                            of capital investments, accounting/economics aspects of
                                                            information security, and transfer pricing.

BUAC   743    Financial Statement          Prerequisite:    The objective of this course is to learn how accounting
              Analysis                     BUSI 610         information in corporate financial statements can be used
                                                            to make investment and credit decisions, and understand
              Credits: 2                                    management strategic decisions. Financial statement
                                                            information is routinely used by firm managers to
                                                            evaluate its own performance relative to other firms in the
                                                            industry, to make acquisitions, etc., by investors and
                                                            security analysts to decide which stocks to buy/sell, by
                                                            financial institutions to determine whether to lend money
                                                            to company and what interest rate to charge, and by
                                                            investment bankers to evaluate prospective mergers,
                                                            acquisitions and buyouts.

BUAC   758R   Advanced Financial           Prerequisite:    Uses authoritative professional pronuncements to
              Reporting                    BUSI 610         examine advanced financial reporting issues. Examines
                                                            complex problems in accounting and reporting; examples
              Credits: 2                                    include penisons, taxes, interest rate swaps, derivative
                                                            securities, international transactions, and international
                                                            financial reporting. Takes a user-oriented perspective,
                                                            and examines the ways in which financial accounting
                                                            information is used by investors, analysts, and creditors.
                                                            Examples include if users adjust for alternative
                                                            accounting methods or for information that is recognized
                                                            versus disclosed.

BUAC   758L   Intermediate Accounting I:   Prerequisite:    The first in a two-course sequence that provides an
              MBA                          BUSI 610         intensive and comprehensive study of the basic
                                                            concepts, theories and practices of contemporary
              Credits: 2                                    accounting and financial reporting. The topics covered in
                                                            this course include basic financial accounting theory, the
                                                            accounting process, time value of money, financial
                                                            statement preparation, assets, revenue recognition, and
                                                            the content of financial statements related to these
                                                            topics.
BUAC    758M   Intermediate Accounting II:   Prerequisite:    The second in a two-course sequence that provides an
               MBA                           BUSI 610         intensive and comprehensive study of the basic
                                                              concepts, theories and practices of contemporary
               Credits: 2                                     accounting and financial reporting. The topics covered in
                                                              this course include long-term debt, stockholders’ equity,
                                                              accounting changes, deferred taxes, pensions, leases,
                                                              cash flow statements and accounting disclosures.

BUAC    758A   Advanced Accounting           Prerequisite:    Contemporary issues in financial accounting. The nature
               Theory                        BUSI 610         of income, the relationship between asset valuation and
                                                              income determination, and various approaches to
               Credits: 2                                     accounting for inflation. The accounting standards setting
                                                              process. The measurement and valuation of assets (e.g.,
                                                              foreign investments) and liabilities (e.g., leases and
                                                              pensions).

BUAC     758   International Accounting:     Prerequisites:   Focuses on using accounting data for managerial
               A Managerial Perspective      None             planning and control on a global basis. The generic
                                                              topics covered in the course include foundations of a
               Credits: 2                                     global accounting system; survey of international
                                                              accounting standards and measures; and the impact of
                                                              globalization on the use of managerial accounting data.
                                                              Guest speakers will participate in the course.

BUAC    758B   Tax Considerations for        Prerequisites:   The course explores the tax aspects of managerial
               Strategic Management          None             decisions, focusing on selecting the proper form of
               Decisions                                      business, setting management compensation, and
                                                              structuring corporate reorganizations. The course will
                                                              examine the tax implications of conducting business as a
               Credits: 2                                     C or S corporation, partnership, and limited liability
                                                              company; selecting the appropriate jurisdiction to
                                                              conduct business; and paying employees with stock
                                                              options, stock appreciation rights, and other forms of
                                                              compensation.

BUAC    758F   Fraud Examination             Prerequisites:   This objective of this course is to give the non-specialist
                                             None             a solid understanding of fraud and fraud examination.
               Credits: 2                                     After looking at what fraud is and isn’t, it moves to
                                                              consider which individuals tend to perpetrate fraud most
                                                              often and why. The major types of fraud are then studied
                                                              including client fraud, vendor fraud, tax fraud, bankruptcy
                                                              fraud and financial statement fraud. Within each of those
                                                              broad categories the many specific schemes are
                                                              enumerated and related to actual fraud cases in the US
                                                              and overseas. The course concludes by looking at the
                                                              activities of fraud specialists inside and outside the
                                                              corporation, the consensus on the most efficient ways of
                                                              combating fraud and what role the non-specialist
                                                              manager can play.

**Please note this is a comprehensive list of all Accounting elective offerings. Not every
elective will be offered every semester**