Case studies are used to illustrate application of the concepts of such pronouncements. A study of the accounting methodology and concepts that have been developed to account for both products and period costs of a business enterprise. Includes product costing for job order and continuous process situations with related systems concepts, cost allocations among departments of an enterprise, joint and by-product costing, and standard costing as it relates to inventory pricing. ACTY 423 Studies in Tax Accounting 3 hrs. Special studies related to tax problems of individuals, partnerships, and corporations.
Emphasis is on federal taxation of corporations, trusts and estates.
Open to Upperclass and Graduate Students ACTY 511 Advanced Accounting 3 hrs. ACTY 513 Advanced Accounting Systems 3 hrs. Special studies related to computerized accounting packages currently used in practice. A case-study approach involving typical business transactions, internal accounting control review, flowcharting, financial statement preparation, special reports, and decision making processes using specific software packages. Institutional Accounting 3 hrs.