Leonard N. Stern School of Business - NYU Stern School of ...

accountants of the sometimes counterintuitive but often predictable rules, processes, and
heuristics that guide everyday decision-making, as well as how knowledge of these rules
can be utilized to improve accuracy and effectiveness within the accounting field.
Conflict, Collaboration, and Negotiation
B65.6259 2 credits.
Prerequisite: C10.0003.
Successful business managers and consultants must know how to collaborate effectively
with others and how to resolve conflicts constructively. This course teaches students the
fundamentals of managing collaboration and conflict in one-on-one and small group
settings. It aims to enhance students’ interpersonal skills at their jobs. Drawing from the
latest findings in managerial psychology, the course covers the fundamentals of effective
negotiation, communication, and persuasion. Special topics include getting buy-in,
coping with resistance, and building coalitions.
Taxation of Individual and Business Income
B95.6302 3 credits.
Prerequisites: C10.0001 and junior standing.
This course helps students develop a basic conceptual understanding of federal income
taxation and provides tools for practical application to business and nonbusiness
situations. Topics include capital asset and property transactions, business and personal
deductions, depreciation, depletion, accounting methods and periods, retirement plans,
tax credits, and the alternative minimum tax system. While emphasis is on taxation of
individuals’ business incomes, the course also gives an introduction to the taxation of
corporations and partnerships. During the fall semester, students are required to enter the
annual tax tournament scheduled for late November. Students in the spring semester are
required to complete a group take-home project similar to the tax tournament case study.
Accounting for Financial Instruments
B10.6317 3 credits.
Prerequisite: C10.0003.
This course provides a conceptually sound and comprehensive treatment of the complex,
developing, and imperfectly consistent financial reporting rules for financial instruments and
particularly structured financial transactions. Two related facts provide the context for this
course: (1) market participants continually design new financial instruments and transactions;
and (2) the half-life of new financial reporting rules for financial instruments is about five
years. Given these facts, the course aims to provide students with the intellectual tools to
understand new financial reporting rules for financial instruments and transactions as they are
written and to understand how newly developed financial instruments and transactions can
stress existing financial reporting rules. Such understanding requires an awareness of the
economically important features of the transactions and how these features generally are (and
logically can be) only partly captured by financial reporting rules.
Taxation of Mergers, Acquisitions, and Related Matters
B95.6336 3 credits.
Prerequisite: C10.0003.
This study of the income tax rules relating to the formation and operation of business
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