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. An overview of accounting issues faced by multinational firms. Course will focus on the challenges accountants and managers face when organizations produce, market or provide services in foreign cultures. 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.