AC553 Tax Problems Application of advanced tax principles to the solutions of complex tax problems. The problems cover in-depth analysis of factors affecting tax planning and compliance of individuals, corporations, partnerships, estates and trusts. A deeper study of decision-making and planning techniques involving vigorous application of these considerations to auditing and taxation practice. Includes the effects of cost-benefit relationships and business ethics. Long-range planning, including intensive writing of business plans, is stressed.
Emphasis is on international applications.
A comprehensive study of principles of government and fund accounting and their practical application. A rigorous study of accounting for intercorporate investment, including an in-depth study of parent subsidiary relationships, purchase vs. pooling of interests, and indirect and reciprocal holdings. An in-depth study of the current techniques of research and preparation of research findings as set forth in a report. Students will engage in an in-depth study of a selected topic and will be expected to submit their research findings through oral presentation and written report. An advanced study of the laws and regulations of the various departments of the federal government, their impact on business, the reporting and record keeping requirements, and investigative procedures.