The language of commerce has been transformed into specialized languages of accounting, economics, finance, management, and marketing. The scientific method, mathematics, and professionalization has left their mark on these disciplines. The study of their history may indicate how these disciplines will be transformed in the future. By the time students finish this course, they will have a well developed knowledge about what can be known and how knowledge will change. A study of major taxes and taxation issues as they pertain to corporations, partnerships and sole proprietorships.
Emphasis is given to concepts, practice, research and communication of tax issues.
A study of federal and state taxation issues as they pertain to individuals. Emphasis is given to concepts, practice, research and communication of tax issues. Topics include auditing standards, planning the audit, evidence gathering, the workpaper preparation and review process, and types of audit reports. The course requires students to research, reference, analyze, interpret and communicate various types of legal, regulatory and ethical issues found in accounting practice. An accelerated course taught in the MBA program for students who have no prior background in accounting.