Students should take this course in the first semester of graduate core course studies. Elective Courses ACC 5362 Cost and Managerial Accounting Theory. A study of recent developments and topics in the area of cost and managerial accounting. Includes a discussion of quantitative techniques and their applicability to accounting problems. ACC 5363 Contemporary Accounting Theory.
Emphasis is placed on current accounting issues.
ACC 5366 Taxation of Corporations and Shareholders. An examination of the federal tax laws affecting corporations and their owners, particularly with respect to corporate formation, operations, distributions, liquidation, and reorganization. Attention is given to the special problems and opportunities of S corporations, closely held corporations, and corporate groups. ACC 5367 Seminar in Auditing. A continuing study of the underlying theory of auditing with an emphasis on professionalism, ethics, and legal liability.