The place of the accounting function in the management system. I, II Directed readings course investigating current developments in accounting theory, practice, and the reporting of business problems. Limited to students who want to develop a more in-depth knowledge of a subject beyond the regular course coverage and who have a QPA of 3.0 or better. I, II Application of underlying theoretical concepts in specialized financial accounting problems and cases. II Advanced consideration of Federal taxation concepts relating to corporations, partnerships, estates and trusts as well as consideration of wealth transfer taxes.
Emphasis is on recognition of fact patterns producing taxable events and planning to minimize taxes.