Includes the problems of the multinational firm and the impact of numerous environmental factors on the conduct of business across national boundaries. The consideration of classic and contemporary writings on issues related to the management of the business enterprise and the role of business in the larger society. The study of planned change in organizations including diagnosis of the organization and implementation of Organizational Development interventions. Emphasis on teamwork in organizations and survey development. Advanced study of the procedures used to determine costs for manufacturing operations.
Emphasis is placed on making informed business decisions based on quantifiable data.
Also includes accounting for partnerships, consignments, foreign currency translation, fund accounting and international accounting. Focuses on the taxation of estates and trusts and expands the study of personal taxation introduced in Theory of Taxation. Attention is given to the development of minority-owned businesses.