All classes in the transitions program are taught online. Students must begin the program with SCH-MGMT 604, Financial Accounting and Reporting, which is offered in spring and fall semesters.
SCH-MGMT 604: Financial Accounting and Reporting, 6 credits This is an immersion course designed to take the student from the very basics of the financial accounting model through more advanced financial reporting topics. The student will gain an appreciation for the role of financial accounting and reporting in the economy and the capital markets and have a good grasp on many of the technical aspects of both financial accounting and financial reporting. Topics include: the role of accounting and governance of the accounting profession; the accounting cycle; revenue recognition; asset and liability recognition and measurement; measurement and reporting of income and cash flows; accounting for investments and consolidated subsidiaries; comprehensive income; and, associated disclosure requirements. The course serves to prepare students with little accounting training to study accounting at the graduate level.
SCH-MGMT 606: Strategic Cost Management, 3 credits Cost management information is needed to plan, direct, and control business operations. Topics include determining costs of products and services with various costing systems, cost-volume profit analysis, budgeting, and variance analysis, with a focus on using the information to implement strategy.
SCH-MGMT 607: Principles of Federal Taxation for Individuals and Businesses, 3 credits Federal income tax law; emphasis on individual and business topics. Topics include determination of income, exemptions, deductions, credits and the taxation of business entities. Problems and tax cases involving the use of tax forms.
SCH-MGMT 608: Corporate Governance, Risk Attestation, and Attestation Services, 3 credits This course helps you develop a basic understanding of auditing theory and practice by introducing you to the objectives of auditing and the decision-making process used by auditors to accomplish those objectives. The basic financial statement audit process is discussed including the concepts of evidence, materiality, and risk.