Course Descriptions
Note that course descriptions for undergraduate prerequisite courses can be found under our Undergraduate section of this website.
ACC 501. Advanced Cost Accounting, 3 credits First Summer Session
The latest developments in cost and managerial accounting are studied. Using case studies, the course focuses on activity based product cost allocation methodology in terms of: (1) basic concepts and rationale, (2) applicability in both manufacturing and service industries, (3) strategic cost analyses, and (4) applicability in total quality management programs. Other topics include cost pools, two stage costing methodologies, and the behavioral aspects of cost systems. Finally, students implement an activity based cost system using commercially developed software. Prerequisite: ACC 301 and senior status.
ACC 505. Accounting Controls in Information Technology, 3 credits Second Summer Session
Course develops a student’s understanding of the theory and practice of relational database management systems in the accounting view of enterprise-wide databases. With a focus on controls, students build accounting system elements related to main accounting transaction cycles, the revenue cycle, and the purchase cycle. Prerequisite: ACC 212, permission of instructor and senior status.
ACC 511. Advanced Accounting, 3 credits, Fall, Spring, and First Summer Session
The primary focus on the course is on business combinations and preparing consolidated financial statements. Additionally, there is coverage of the accounting principles and practices applied to foreign operations and partnerships. Prerequisite: ACC 312 and senior status.
ACC 601. Trends in Present Day Accounting, 3 credits Offered By Announcement Only
Recent developments in accounting thought and advanced accounting theory. The analysis of trends as disclosed by recent releases of the Securities and Exchange Commission, the American Institute of Certified Public Accountants, and the Financial Accounting Standards Board are discussed. Other topics include terminology, current trends in the measurement, presentation of financial data to meet the needs of third parties, and surveys accounting literature. Prerequisite: ACC 312.
ACC 602. Analysis of Financial Statements, 3 credits Spring Semester
This course emphasizes the fundamental techniques of financial statement analysis. Building upon core accounting and investment concepts, the course covers the analysis (including ratio analysis) and interpretation of financial accounting information including the balance sheet, income statement, and statement of cash flows. The course also examines the use of accounting information in investment and credit decisions. Prerequisite: ACC 312.
ACC 603. Studies in Financial Reporting Issues, 3 credits Spring Semester
An exploration of complex financial reporting issues using the case method. Prerequisite: ACC 312.
ACC 604. Seminar in Cost Accounting, 3 credits Fall Semester
This course covers four major segments. First, it reviews the basic concepts and tools associated with management control systems. Second, it underscores the importance of decentralization and the impact it has on the decision making. Third, it examines the strategic place for cost management. Examples include the adoption of the balanced score card, quality control, productivity, and environmental cost management. Fourth, the course brings costing and control tools into the discussion of decision making. Prerequisite: ACC 301 or permission of instructor.
ACC 606. Internal Auditing, 3 credits Offered By Announcement Only
Course explores the unique issues associated with the internal audit function. Additionally, the ethical code applicable to internal auditors is discussed. Prerequisite: ACC 402.
ACC 610. Accounting Theory, 3 credits Fall Semester
This course examines the foundations and applications of accounting theory as it relates to financial accounting and reporting. The course draws upon existing research which provides evidence about the applicability of accounting theory to the financial reporting process for business enterprises which prepares financial statements in accordance with generally accepted accounting principles. Prerequisite: ACC 312.
ACC611. Auditing Seminar, 3 credits Offered By Announcement Only
Practical applications of auditing and research into audit matters. Emphasis of the course is placed on cases involving audit failures, appropriate auditing procedures, reporting, and exercise of audit judgment. Prerequisite: ACC 402.
ACC 615. Personal Financial Planning, 3 credits Fall Semester and First Summer Session
Fundamentals of personal financial planning. Overview of the financial planning process including regulation and ethical considerations. Topics include an introduction to tax planning, insurance planning, investment planning, retirement planning, and estate planning. Prerequisite: ACC303.
ACC 616. Insurance and Retirement Planning, 3 credits Spring Semester
Course covers the fundamentals of insurance and retirement planning including tax and investment implications. In addition, various types of employee plans available are discussed. Note: although this course will count towards graduation, students who plan to take the CPA exam may wish to check with their appropriate State Board of Accountancy as to whether this course will be counted as an Accounting course by the State Board because it is not currently accepted as an Accounting course in Florida.
ACC 622. Advanced Issues in Auditing, 3 credits Fall Semester
Course covers advanced issues which arise in audit practice including audit reporting issues, fraud detection and reporting, attestation engagements, special reporting issues, compilation and review engagements, scope of services issues, and other new issues which have a significant impact in audit practice. Prerequisite: ACC 402. Not open to students with credit for ACC 522.
ACC 623. International Accounting and Taxation, 3 credits Fall Semester and First Summer Session
Course covers tax accounting and business considerations in the global business environment. U.S. tax issues involved in international transactions or working across national borders, the Foreign Corrupt Practices Act, and uses of accounting information in managing an international business is also discussed. Prerequisite: ACC 670 and 671 or equivalent. Not open to students with credit for ACC 523
ACC 624. Accounting for Governmental and Not-for-Profit Entities, 3 credits Fall and First Summer Session
The course introduces accounting within the environment of modern government and not-for-profit organizations. Emphasis is placed on financial accounting and reporting, current accounting issues, and managerial activities. Prerequisite: ACC 312 or permission of instructor. Not open to students with credit for ACC 524.
ACC 640. Corporations I, 3 credits Fall Semester
Course covers treatment of the corporate form of organization, its related opportunities, and problem areas, including formation, tax formula, non-liquidating and liquidating distributions, capital structure, redemptions, alternative minimum tax, S corporation election, and operation. Prerequisite: ACC 404 or permission of instructor.
ACC 641. Corporations II, 3 credits Spring Semester
An in-depth study of taxable and nontaxable corporate reorganizations. An introduction to affiliated corporations, requirements for consolidated returns, and their associated problems and opportunities are discussed. Prerequisite: ACC 640 or permission of instructor.
ACC 643. Tax Research, 3 credits Spring Semester
Study of the tax practice environment including the Treasury Department, the Courts, and the legislative history of the Internal Revenue Code. Ethics in tax practice are also examined. Course includes training in the use of tax services, such as RIA Checkpoint and LEXIS, in performing tax research. A research methodology for solving tax problem cases is studied and cases to be researched are assigned. Prerequisite: ACC 404 or permission of instructor.
ACC 645. Partnerships, 3 credits Fall Semester
Taxation of partners and partnerships, formation, termination, distributions, liquidations, and sales of partnership interests are covered. Limited partnerships in conjunction with their use as tax shelters are discussed as well as family partnerships, limited liability companies, and LLPs. Prerequisite: ACC 404 or permission of instructor.
ACC 647. Estates and Gift Taxes, 3 credits First Summer Session
Estate and gift planning for shifting wealth from one individual to another by death, gift, or by the use of trusts. Property included in the decedent’s gross estate, valuation methods, gifts in contemplation of death, jointly held property, life insurance, transfers with retained life estates, bequests, revocable transfers, the marital deduction, powers of appointment, gifts of present and future interest, and gifts to minors are covered. Prerequisite: ACC 404 or permission of instructor.
ACC 649. Issues in Tax Policy, 3 credits Second Summer Session
A study of tax policy issues inherent in individual and corporate income taxes, consumption taxes, wealth, and wealth transfer taxes. Focus is placed on the purposes of taxation and the development of a “good” tax system.
ACC 662. Taxation of Multinational Corporations, 3 credits Spring Semester
This course introduces the fundamental tax concepts underlying U.S. taxation of international transactions. Topics include the taxation of U.S. corporations with income from foreign sources, intercompany pricing, anti-tax avoidance provisions, and tax treaties. Prerequisite: ACC 640 or permission of the instructor.
OTHER ELECTIVE COURSES
BSL 575. Advanced Business Law, 3 credits Spring Semester
Legal problems encountered by Certified Public Accountants, Finance, Management and Marketing Executives, including agency, commercial paper, bank deposits and collections, secured transactions, suretyship, bankruptcy, partnership, corporations, contracts, anti-trust, insurance, property, wills and estates, SEC law, and accountants’ legal responsibility. Special attention is given to the commercial law segment of the Uniform Public Accountant Examination. Prerequisite: BSL 212 or equivalent.
FIN 620. Investment Analysis, 3 credits Fall Semester
Theoretical and practical analysis of the investment process. Topics include an analytical investigation of the financial markets, security analysis, security valuation, and an introduction to portfolio theory. Prerequisite: FIN 602 or equivalent.
