An introduction to federal income taxation of individuals and an examination of tax laws and procedures through the use of illustrative examples and problems. A study of the federal tax treatment of corporations, partners and partnerships, fiduciary entities, and gratuitous transfers. An intensive study of the professional and legal responsibilities of the CPA in the audit envi-ronment. Topics include the examination of EDP systems, statistical sampling procedures, and SEC practice. A comprehensive study of the development of accounting principles, current theory, and trends.
Emphasis is placed on contemporary accounting literature.
A study of the theory and application of generally accepted auditing standards and the proce-dures used in examining accounting statements and underlying data. Emphasis is placed on auditing techniques, professional ethics, and moral and legal responsibilities. The course includes a practice case set. A course that stresses the many types of data that accountants must work with including finan-cial, cost, and audit technology. The course features hands-on computer interface and the use of practice sets.