Six Accounting Classes

ACCT 5327- Advanced Auditing and Taxation- 3 credits Upon successful completion of this course, students will be able to assess audit risk including tax account risks. You will learn how to plan an audit and understand appropriate audit tools. An understanding of a GAAS compliant audit practices and procedures are learned, including an of audit tax accounts. Students will complete an audit and issue an audit report. Utilization of data analytics tools and utilities in an ERP for internal control and substantive tests will be covered. Each student will write a tax case paper based on the audit-related cases posted in Blackboard.

ACCT 5360- Energy Accounting and Taxation- 3 credits This course provides a pragmatic study of energy accounting and taxation. It covers financial and managerial accounting for upstream oil and gas operations; oil and gas reserves; successful efforts and full cost accounting methods; production activities and project analysis; oil and gas tax accounting. A thorough financial statement analysis is conducted to evaluate the effectiveness of an oil and gas company. Global considerations are incorporated through a tax project using Ernst and Young’s (EY’s) global taxation of oil and gas report.

ACCT 5370- Federal Partnership and LLC Taxation- 3 credits A survey of the federal income tax laws applicable to Partnerships and LLC entities. Topics covered include the introduction of Partnerships & LLCs (formation, operations, and basis). Focus is all given to partnership distributions, transfer of interest, and terminations. A third component of the class is LLC taxation status and operating rules.

ACCT 5309- Govt. & Non-Profit Accounting- 3 credits Principles and practice of fund accounting applicable to governmental and nonprofit organizations.

ACCT 5316- Advanced Income Tax Problems- 3 credits Particular attention given to tax regulations applicable to partnerships and corporations together with preparation of federal income tax returns for such businesses. Consideration also given to federal gift and estate tax. Prerequisite: ACCT 3308.

ACCT 5308- Accounting Ethics- 3 credits Application of ethical theory, philosophy and principles including the concepts of ethical reasoning, integrity, objectivity, independence and other core values. Prerequisite: senior standing.

Four Business Breadth Classes

MKTG 5317 - Marketing Management and Value Creation – 3 credits This course is concerned with the theory and application of various Marketing strategies designed to create value in both for-profit and non-profit organizations (i.e., where to go and how to best get there).  Although special focus is given to online and mobile marketing techniques, including social media, more traditional Marketing approaches are also covered.  The increasingly important concepts of “Ethics” and “Sustainability,” as they apply to both ends of an organization’s value chain, are incorporated throughout this course via case studies and personal examples.

ECON 5310 - Economics and Managerial Decision Making – 3 credits Studies markets in which forms compete within the context of a global supply chain, including markets for goods and services, financial markets, and labor. Emphasizes how the interactions of these markets affect the formulation and implementation of business strategies. 

FINC 5347 - Financial Management and Sustainability – 3 credits This course is concerned with the theory and the practice of managerial finance, especially in the context of the publicly held corporation in a competitive global environment, their sustainability and value creation. The course includes analysis of current and historical financial position and short-term financial decisions. The course emphasizes long-term strategic decisions such as major investments, acquisitions and capital structure decisions. The principles of cost-benefit analysis, value creation, risk and return; and time value of money are demonstrated in a variety of business cases and real world examples. The course includes an introduction to portfolio theory, international finance and financial derivatives.

MGMT 5316 - Strategic Management – Capstone – 3 credits This course will examine strategy formulation and implementation in an international context. Students will examine topics such as country selection, product adaptation, political risk, managing diverse country institutions, strategic cross-border arbitrage, multinational financial management, and global leadership. Case competition. (This class should be taken in the last block of the program.)