MS in Accounting Required Core: 18 credits
SCH-MGMT 697O PROFESSIONAL RESPONSIBILITIES FOR ACCOUNTANTS (REG)
This course introduces students to important ethical issues in the context of business activities. Students will gain an understanding of the relationship between business organizations and society at large, and gain an awareness of the social and economic environments in which ethical issues arise. Students will be introduced to ethical frameworks and theories to help them develop the reasoning and analytical skills essential to addressing these important and sometimes difficult issues. The course will focus on the importance of ethics in decision-making to the long-term success of the business enterprise. (3 credits)
SCH-MGMT 697TA INFORMATION TECHNOLOGY FOR ACCOUNTANTS
Information technologies impact every aspect of accounting, including financial reporting, managerial accounting, auditing, and tax. Consequently, it is essential for accountants to understand information technology issues. This course provides an understanding of information technology fundamentals such as business process management, enterprise resource planning, data management, information security, continuity planning, disaster recovery, risk management, COBIT and XBRL and other relevant topics. (3 credits)
SCH-MGMT 736 TAXES AND BUSINESS DECISIONS (REG)
Primary focus is on the implications of current tax law and policies for business decisions. Emphasis is given to the social impact of tax expenditures, and the relevancy of tax policy for the development of economic incentives. (3 credits)
SCH-MGMT 797AA FINANCIAL STATEMENT ANALYSIS
This course helps students apply their knowledge of financial accounting, business
strategy, and finance in the evaluation of corporations using financial reports. Decision settings include stock evaluation, credit analysis, bankruptcy prediction, and general-purpose evaluation. The course is a mixture of concepts underlying financial statement analysis and their application to real companies’ financial statements. (3 credits)
SCH-MGMT 797AT ADVANCED TOPICS IN FINANCIAL REPORTING (FAR)
The fourth course in the Financial Accounting sequence providing an overview of consolidated financial statements, non-controlling interest and the consolidation process; understanding the components of comprehensive income, other comprehensive income and accumulated other comprehensive income and clean surplus; an overview of fund accounting; valuing and reporting derivatives and other complex financial instruments. The course includes a research component and an introduction to the FASB Accounting Standards Codification system requiring students to research and opine on highly-technical financial reporting cases. (3 credits)
SCH-MGMT 797AU ADVANCED AUDIT (AUD)
Students will use audit concepts and auditing standards covered in undergraduate auditing class to further enhance their understanding of the audit environment and audit issues that professionals face. The class will center on case studies and scenarios in applying concepts and critical thinking skills in an audit context. Students will be expected to evaluate the case materials, identify important issues, and communicate those in a clear, coherent manner. Some cases will require students to work in "audit teams" and then present their audit findings to the class and professor. The class will also discuss current audit research being conducted, with a focus on research that can impact professional practice and/or professional standards. (3 credits)