This course builds upon the background provided by the Computerized Accounting Systems course and the Introduction to MIS course. It develops an integrating framework to illustrate the evolving role of current and emerging information technologies in supporting accounting and business activities. Examination of selected professional issues that will be confronted in practice. Specific topical coverage will vary as contemporary issues emerge. Advanced issues related to income taxation of corporations, partnerships, S corporations and fiduciaries, and estate and gift taxes are covered.
Emphasis is on conceptual understanding and problem solving.
Study and application of the research methodologies related to tax compliance and tax planning work commonly performed by accountants. Use of accounting data in managerial decision-making process and in the analysis and control of business operation. Includes activity-based costing, costs of quality, strategic control systems, and management control systems. May be repeated for a maximum of 6 hours. Anticipated typical credit of 1 hour.