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.
A study of the tax treatment of partnerships, S Corporations, C Corporations, and estates and gifts. ACC 5367 Seminar in Auditing. A continuing study of the underlying theory of auditing with an emphasis on professionalism, ethics, and legal liability. Coverage will also extend to the responsibilities and standards for external auditing, internal auditing, governmental auditing and international auditing, including exposure to current developments in these areas. Practical applications will focus on risk assessment, the use of analytical procedures and the use of the computer as an audit tool.