Budgeting, standard costing, strategic cost management, life-cycle cost management, and quality costing are also examined. The availability of internships is limited to upper-level students, normally seniors. Students are approved individually by the academic department. A contract can be obtained from the Career Planning and Placement Office. Additional topics include changes in the controlling interests and indirect and mutual holdings.
Special emphasis is placed on the working paper techniques involved.
I provides an understanding of the basic philosophy of taxation, including its uses as a political and economic tool. The course also introduces tax research methodology using both printed and electronic media. The use of cost data and the interpreta tion of cost reports, measurement of managerial control, establishment of operating and financial standards, and construction, analysis, and interpretations of reports are analyzed. This is required of all seniors majoring in accounting and written under the guidance of the accounting faculty.