The transmission of monetary policy through the financial markets and financial institutions to the domestic and international business communities and general economy also will be specified. 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.
ACC 5364 Income Tax for Executive Decisions. An examination of the effect of income tax on business decisions, including property transactions, how income tax affects forms of business organizations differently, basic and special deductions, tax traps, distributions to owners, and formation and reorganization of corporations. ACC 5365 Accounting and Auditing in Nonprofit Organizations. A study of the objectives and standards underlying accounting and auditing practices in nonprofit organizations including governmental entities, colleges and universities, hospitals, and other nonprofit organizations. Topical coverage includes the system of fund accounting, financial report preparation and analysis, and related audit and ethical considerations.