Courses

Undergraduate Courses

View the list of undergraduate courses offered by the School of Management Accounting Department

Graduate Courses

AC710/711: Financial Reporting and Control
An introduction to accounting, and an examination of how it helps in decision-making. Financial accounting (information needs of stockholders, creditors, and analysts) and managerial accounting (information needs of managers) are stressed equally.
Topics covered include income statement and balance sheet format, purposes, and limitations; statement of cash flows; analysis of financial statements; cost behavior; use of relevant costs in decision making; budgeting; and divisional performance measurement.
AC810: Strategic Cost Analysis
This course examines cost measurement issues in organizations and the use of cost data to support managerial decisions and measure performance. Traditional as well as state-of-the-art concepts and approaches to the measurement and use of cost data are illustrated in class through cases. [Lectures, exercises, exam and team project.]
Prerequisites: OB712/713, FE727/730, AC710/711, QM716/717, OM725/726, MK723/724, FE721/722, IS710/711
AC814: Financial Statement Analysis & Investor Decisions
This course is designed to develop skills in interpreting and analyzing the financial reports prepared by firms for investors and creditors. The following topics are covered: 1) analyzing profitability and risk, (2) understanding the major accounting choices affecting financial statements and managerial incentives that influence these choices, (3) assessing the quality of earnings, (4) using cash-flow based and earnings-based valuation models. The course also includes a brief review of some important accounting principles, emphasizing areas that were not covered in AC710. [Lectures, exercises, exams, and project.]
Prerequisites: OB712/OB713, AC710/711, QM716/717, MK723/724, FE721/722
AC840: Nonprofit Financial Management
This course will build on the fundamentals of accounting and finance introduced during the first semester, and allows students to apply that learning in a nonprofit context. Cases will involve a broad array of entities, including charter schools, human-service providers, international economic development agencies, universities, environmental groups and youth development organizations. Students will be challenged to hone their financial analysis skills by examining the strategic financial implications involved in capital projects, growth, debt financing, turnarounds, and collaboration and mergers. In addition, the course will look at how nonprofit leaders build critical financial capacities such as budgeting, working with the board, fundraising, and investing.
Prerequisites: AC710/711
AC841: Advanced Accounting
Examines accounting principles and practices related to business combinations and foreign operations (accounting for mergers and acquisitions, constructing consolidated financial statements, recording foreign currency transactions and hedging exchange risk, translating foreign subsidiaries’ local currency financial statements), business segments, reporting for local governments, and the impact of the SEC and international standards on financial reporting.
Prerequisites: AC710/711, AC847 and AC848 (or concurrently)
AC847: Intermediate Accounting I
Topics covered: 1) Review of generally accepted accounting principles, especially matching concept and revenue recognition rules. 2) Consideration of balance sheet and income statement classification issues. 3) Accounting and reporting issues related to cash, accounts receivable, inventories, investments, intangibles, and plant assets.
Prerequisites: AC710/711
AC848: Intermediate Accounting II
This course focuses on the recognition and measurement of issues in accounting related to income taxes, lease obligations, and pension liabilities and equity. It focuses further on the preparation of, and uses for, statement of cash flows; calculating, reporting, and interpreting financial measures, including earnings per share; the nature and purpose of segment and interim reporting; and accounting for changing prices. The course also provides a brief overview of the auditor’s opinion.
Prerequisites: AC710/711, AC847
AC865: Auditing Issues & Problems
Introduces the basic concepts underlying auditing and assurance services (including materiality, audit risk, and evidence) and demonstrates how to apply those concepts to audit and assurance services through financial statement audits.
Prerequisites: AC710/711 and AC847.
AC869: Principles of Income Taxation I
Federal income tax law common to all taxpayers–individuals, partnerships, corporations. Tax returns for individuals. Topics include tax accounting, income to be included and excluded in returns, tax deductions, ordinary and capital gains and losses, inventories, installment sales, depreciation, bad debts, and other losses.
Prerequisites: AC710/711