Accounting Courses

AC 5025. Foundations of Managerial Accounting (3) DO/MBA program or Health Care Leadership concentration. Course introduces students to basic accounting concepts. Students learn how accounting captures and reports the effects of business activity in a set of general-purpose financial statements, and facilitates business planning and control. Students are also introduced to basic time value money concepts.

AC 6000. Managerial Accounting (3) Course familiarizes the student with the use of accounting theory and information used in managerial decision planning and control. It deals with both the theory and the use of accounting information for managerial decisions. Topics include cost analysis for budget and standards development, costing and pricing policies and planning for capital acquisitions. Prerequisite: Six hours of undergraduate financial and managerial accounting (AC 2000 and AC 2100) or AC 4500.

AC 6050. Advanced Accounting (3) Course explores advanced topics in financial accounting and reporting, including business combinations and consolidations, accounting for routine operations of state and local government entities and other non-business entities, partnership and personal financial statements, and foreign currency translation and transactions. Prerequisite: AC 3000.

AC 6430 (FN 6430). Contemporary Issues in Financial Management (3) Course examines the modern practices and methods used in accounting and finance. Topics will include cash and working capital management, key financial metrics, making a business case, capital acquisition, joint ventures, mergers and acquisitions, risk assessment and management, and new valuation models and financial products. Prerequisite: AC 6000 or FN 6100 or equivalent (ACFN 6001).

AC 6600. Corporate and Partnership Taxation (3) Course studies major taxes and taxation issues as they pertain to corporations, partnerships and sole proprietorships. Emphasis is given to concepts, practice, research and communication of tax issues. Prerequisite: AC 3000.

AC 6650. Individual Taxation (3) Course analyzes federal and state taxation issues as they pertain to individuals. Emphasis is given to concepts, practice, research and communication of tax issues. Prerequisite: AC 3000.

AC 6750. Auditing (3) Course explores the examination of financial statements by independent public accountants. Topics include auditing standards, planning the audit, evidence gathering, the work paper preparation and review process, and types of audit reports. The graduate-level course requires independent, accelerated additional work appropriate for the graduate level. Prerequisite: AC 3500 or MIS 3100 or equivalent.

AC 7000. Accounting for the General Manager (3) Executive Fellows Program only. Course examines accounting systems for executive decision making, including a general, theoretical description and analysis of the financial statements, how they relate to one another, and how information is presented for financial, managerial and tax reporting. The course is very contemporary, using current and actual companies to illustrate how theory and practice work, and at times, do not work.