An introduction to audit methodology and the auditing profession. A continuation of ACCT 410. Topics include application of standards, procedures, advanced fieldwork problems, and auditing reports. An introduction to federal income tax law and its application to individuals. Topics include personal and business tax situations for individuals.
Students also study basic tax research methods.
A study of federal income tax laws for partnerships, corporations, estates, and trusts. Topics include comparisons of alternative forms of operating a business and tax research methods. An introduction to financial accounting for state and local governments. Topics include funds, accounts groups, and reporting requirements. ACCT 303 A study of accounting and financial reporting for business combinations.