Practice cases are used to give the student practical experience in auditing concepts covered in ACC 720. Students are required to compute a practice case. A series of cases are assigned in which a specific problem is addressed requiring the student to research and write a report detailing the solution. To develop an understanding of and an appreciation for financial information systems, design and control, with an emphasis on electronic data processing systems. An in-depth examination of particular financial information systems.
Emphasis is placed on current developments in the area.
A detailed study of tax problems of corporations and their shareholders. Tax V. 4 hours. This course involves an examination of fundamental legal concepts, technical rules, and computational procedures relating to federal taxation of partnerships and partners. Areas of emphasis include partnership formation, operations, and termination. Additional topics covered include changes in partner ownership, family partnerships, and limited partnerships.