Graduate School - The University of Akron

College ofBusinessAdministrationACCOUNTANCY6200:520 ADVANCED ACCOUNTING 3 cred1tsPrerequis1te: 622. Examination of accounting theory emphasizing account1ng for bus1ness combinations.partnerships, foreign operations, nonprofit entities and consol•dated statements530 TAXATION I 3 creditsPrerequiSite: 320 or 620. Federal tax law related to Individuals, partnerships, and corporat1onsMaster of Taxat1on students will not be able to take th1s course to sat1sfy tax elect1ves 1n theMaster of Taxation program.531 TAXATION II 3 cred1tsPrerequ1s1te: 430/530 or permission. Additional aspects of 1ndiv1dual taxation. Federal tax lawrelated to property transfers and retirement and fam1ly tax plann1ng.540 AUDmNG 3 creditsPrerequiSites. 621. Exam1nes aud1t1ng standards and procedures used by Independent aud1tor1n determ1n1ng whether a firm has fairly represented 1ts fmanc1al pos1t1on.570 GOVERNMENTAL AND INSTITUTIONAL ACCOUNTING 3 cred1tsPrerequisites: 320 or 601. Theory and procedures 1nvolved in appiJcat1on of fund accounting, budgetarycontrol, appropnat1ons and various accounting systems to governmental un1ts, educational,medtcal and other nonprofit JnstJtutJons580 ACCOUNTING PROBLEMS 3 creditsPrerequiSite: 322. Independent research on advanced account1ng problem m student's specificarea of interest.588 CPA PROBLEMS: AUDmNG 2 cred1tsPrerequ1site: 440/540 or permission of instructor. Preparat1on for auditing sect1on of CPAexamination, focusing on aud1t1ng pnnc1ples, standards and eth1cs and Situations encounteredby Independent aud1tor.589 CPA PROBLEMS: TliEORY 2 cred1tsPrerequ1site: permiSSIOn of mstructor. Preparation for theory section of CPA examination,focusing on current developments and use of basic accounting theory to solve advancedaccounting problems590 SPECIAL TOPICS IN ACCOUNTING 7-3 cred1tsPrerequisite: Permission of mstructor. Opportunity to study spec1al topics and current issuesin accounting. May be repeated w1th a change of subject but not to exceed 6 credits.591 WORKSHOP IN ACCOUNTING 7-3 cred1ts(May be repeated) Prerequisite: permission of 1nstructor. Group study of accounting under facultyguidance. May not be used to meet undergraduate or graduate accounting major requirements,but may be used for elect1ve credit only w1th perm1ssion of Instructor or department.601 RNANCIAL ACCOUNTING 3 creditsIntroductory course for student w1th no accounting background. Exam1nes account1ng pnnciplesas applied to f1nancial problems of flfm.603 BUSINESS SYSTEMS WITH PROCESSING APPUCATIONS 3 cred1tsPrerequis1te: 601. Introduction to basic concepts 1n concepts in computer technology, steps insystem development and log1c of des1gning account1ng systems by us1ng a busJness-onentatedlanguage or related software.610 ACCOUNTING MANAGEMENT AND CONTROL 3 creditsPrerequis"ite: 601 or equivalent Investigation of role of account1ng as management tool inareas of production, marketing, internal control and cap1tal budgeting w1th focus on managementplanning621 CORPORATE ACCOUNTING AND RNANCIAL REPORTING I 3 creditsPrerequisite: 601. An exam1nation of generally accepted accounting pnnciples in theory andapp!icat1on, as well as financial statement preparation.622 CORPORATE ACCOUNTING AND RNANCIAL REPORTING II 3 cred1tsPrerequisite: 621. A continuatiOn of 6200:621 wh1ch examines generally accepted account1ngpnnc1ples 1n theory and practice, as well as financial statement preparation.627 SURVEY OF FEDERAL TAXATION 3 creditsPrerequ1sites: 601 or equivalent. Introduction to federal taxation for students who have not yetcompleted more than one undergraduate or graduate tax course. Examines indiVidual andbus1ness federal taxat1on. Completion of this course w1!1 not count towards fulfilling therequirements of the Master of Taxation degree.628 BASIC TAX RESEARCH 7 cred1tPrereqUISites: completion of M.Tax foundat1on courses. Designed to develop basic researchcompetence involv1ng federal income, estate, and gift tax laws631 CORPORATE TAXATION I 3 cred1tsPrerequisite: completion of M.Tax foundation courses. Detailed exammation of tax problemsof corporations and the1r shareholders Formation, distnbution, redemption, liquidation andpenalty taxes covered.632 TAXATION OF TRANSACTIONS IN PROPERTY 3 cred1tsPrerequ1site: complet1on of M.Tax foundation courses. Explores federal tax implicatiOns ofgains and losses denved from sales, exchanges and other dispositions of property633 ESTATE AND GIFT TAXATION 3 cred1tsPrerequisite: completion of M.Tax foundation courses. Analyzes provisions of federal estateand g1ft tax laws and tax consequences of testamentary and lifet1me transfers637 ADVANCED ACCOUNTING TliEORV 3 cred1tsPrerequ1s1te: 318. Examination of account1ng concepts and standards through cntical analys1sof articles on current trends 1n profession. Discuss1on and outside research stressed.Courses of Instruction 115640 ADVANCED AUDmNG 3 cred1tsPrerequ1s1te: 440/540. Conceptual foundations and current research on profess1onal and Internalauditing. Includes government regulation and litigation, statistics, computer systems aswell as current and prospective developments in auditing641 TAXATION OF PARTNERSHIPS AND S CORPORATIONS 3 cred1tsPrerequisite· completion of M.Tax foundation courses. Exam1nes 1mensively proviSIOns ofsubchapters K and S of Internal Revenue Code and uses of partnerships and subchapter S corporationsfor tax planning642 CORPORATE TAXATION II 3 cred1tsPrerequisite: 631. Cont1nuat1on of 631. Concludes study of subchapter C on Internal RevenueCode w1th major focus on corporate reorganization643 TAX ACCOUNTING 2 creditsPrerequisite: completion of M.Tax foundation courses. Attention focused on t1ming of 1ncomeand expenses for 1nd1viduals businesses and its relatton to tax plann1ng644 INCOME TAXATION OF DECEDENTS, ESTATES AND TRUSTS 2 cred1tsPrerequ1s1te: 633. An in-depth examination of the decedent's last tncome tax return alongwith the analysis of 1ncome taxatton of trusts and estates and their creators, fiduc1aries andbenefic1anes.645 ADVANCED INDIVIDUAL TAXATION 3 cred1tsPrerequisite: 430/530. In-depth study of some of the more 1nvolved areas of JndiVJduaiJncometaxation.646 CONSOUDATED TAX RETURNS 2 creditsPrerequ1s1te completion of M.Tax foundation courses. lntens1ve study of tax prov1sions concerntnguse of consolidated tax returns.647 QUAURED PENSIONS AND PROFIT SHARING 3 cred1tsPrerequ1s1te: complet1on of M.Tax foundatiOn courses. Nature, purpose and operat1on of vanousforms of deferred compensation exam1ned w1th much emphasis on pension and profitshanngplans.648 TAX PRACTICE AND PROCEDURE 2 cred1tsPrerequisite· completion of M.Tax foundation courses. In-depth study of administratiOn andprocedures of Internal Revenue Serv1ce and responsibilities of tax practitioner649 STATE AND LOCAL TAXATION 2 cred1tsPrerequisite: 631. Exam1nes common types of taxes Imposed by state and local governmentsand includes taxation of multistate businesses650 ESTATE PLANNING 2 cred1tsPrerequisite: 633. Considers entlfe process of plann1ng the estate w1th due regard for dispo­Sition of property, tax mJnJmJzatJon, liQUidity requ1rements and adm1nistrat1ve costs.651 UNITED STATES TAXATION AND TRANSNATIONAL OPERATIONS 2 cred1tsPrerequ1site. completion of M.Tax foundat1on courses. Exam1nes United States taxat1on of for­Sign 1ncome of domestic corporations, citizens and residents, as we!l as Un1ted States 1ncomeof nonresident aliens and fore1gn corporations652 TAX-EXEMPT ORGANIZATIONS 2 cred1tsPrerequiSite: completion of M Tax foundation courses. Analys1s of tax aspect of tax-exemptorganizations, 1ncludJng nature of and limitations of its exempt1on.653 BUSINESS PLANNING 2 creditsPrerequ1s1te: 631. Uses cases depicting complex problems to permit student to 1ntegrateknowledge of taxat1on654 INDEPENDENT STUDY IN TAXATION 7-3 cred1tsPrerequiSite: permission of instructor lntens1ve study of particular top1c or limited number oftopics not otherwise offered in curnculum. (May be repeated for a total of SIX credits.)655 ADVANCED INFORMATION SYSTEMS 3 C1ed1tsPrerequiSites. 603 or equivalent and 610 Advanced study of account1ng 1nformat1on systemtheory, elements, pnnc1ples, design and implementation. Pract1cal data processing and networksto control flow of 1nformat1on.656 NON-OUAUFIED EXECUTIVE COMPENSATION 2 cred1tsPrerequisite: 631 Vanous non-qualif1ed executive compensation items are analyzed. theeffects to both the recip1ents and payor ent1tles are determined and discussed.661 ADVANCED TAX RESEARCH AND POUCY 3 cred1tsPrerequ1s1te: 628 and completion of four other tax courses in Phase II. Extensive researchinvolving federal income, estate, trust and g1ft taxes as well as tax policy664 RESEARCH AND QUANTITATIVE METHODS IN ACCOUNTING 3 cred1tsPrerequisites: 6200:610, 6500:601 or equivalent. Survey of research techniques, statist1calmethods, and data bases with applications to account1ng and bus1ness funct1onal areas.670 COST CONCEPTS AND CONTROL 3 creditsPrerequisite: 6400:650 and either 6200:460 or 610. Focus on analysis and control of costs andtheir uses in decision making. Determination of cost data and effic1ency of decis1on emphas1zed.680 INTERNATIONAL ACCOUNTING 3 cred1tsPrerequisite: 610. Examination of accounting theory and practice from InternatiOnal perspectiVewith emphaSIS on multinational investment, bus1ness and auditing actiVItieS and report1ngproblems.690 SEMINAR IN TAXATION 3 cred1ts(May be repeated for a total of SIX credits.) Prerequisites: complet1on of M.Tax foundationcourses. Program of stud1es in the tax area of student's cho1ce, in wh1ch a fmished report isrequired693 SELECTED TOPICS IN TAXATION 7-3 cred1ts(May be repeated for a total of SIX credits.) PrerequiSites: complet1on of M.Tax foundationcourses. Prov1des study Jn contemporary issues in taxat1on that are not covered 1n currentcourses695 GRADUATE INTERNSHIP IN ACCOUNTING 3 creditsPrerequisites. 601, 621, 610, and 655. Th1s course prov1des an opportun1ty for graduateaccounting students to apply classroom instruction to practice problems 1n a profess1onalworking environment697 INDEPENDENT STUDY IN ACCOUNTING 7-3 cred1ts(May be repeated for a total of six credtts) Focus on spec1al topics of study and research 1naccounting on an Independent bas1s.