This course is not open to accounting majors. I, II, S Intermediate discussion of contemporary accounting theory and practice emphasizing functions, nature, and limitations of accounting as expressed in professional pronouncements. I, II, S Techniques of cost determination. Uses and significance of cost data for management. I, II, S In-depth study of the theory and concepts of accounting with emphasis on corporations and analysis and interpretation of accounting data.
Material covered includes relevant professional pronouncements.
I, S Introductory course in Federal income taxation. Emphasis is on technical rules, underlying theory and applications with primary coverage of the concepts of income, deductions, tax entities, and property transactions. A tax-planning approach is integrated throughout the course, and tax research methodology is covered. I Audit concepts, standards and procedures. Includes ethics and legal requirements, scope, objectives, and nature of an audit.