MSAA 602 Interpreting Accounting Information (3.00)
Examines adjustment of financial statements used for analysis after assessing accounting policies used and other limitations of accounting model. Analysis of firm?s financial ratios, free cash flow, earnings quality, sustainable earnings, creditworthiness, and fundamental (intrinsic) equity value.
Pre-requisite: TAKE AC*320A AC*320B AC*410A AC*410B MBAC*604;
Cross listing(s): MBAA 602.
MSAA 603 Financial Reporting Policy and Practice (3.00)
Examines objectives, recognition and measurement concepts, and definitions of financial statement elements in the FASB?s Conceptual Framework; preparation of financial statements; and ethical, economic, and political context of accounting standard-setting and financial reporting policy choices.
Pre-requisite: TAKE AC*320A AC*320B;
Cross listing(s): MBAA 603.
MSAA 605 Advanced Auditing (3.00)
Examines cases of failed audits to assess audit risk; identify relevant assertions, inherent risks, and control risks; formulate audit objectives; and evaluate appropriateness of audit evidence. Examines earnings management incentives and devices; and threats to auditor's independence.
Pre-requisite: MBAA*602
Cross listing(s): MBAA 605.
MSAA 607 Accounting Non-Profit & Govt Orgs (3.00)
Examines accounting for not-for-profit organizations and governments. Emphasizes the use of accounting information to help identify and solve problems encountered in the management of these organizations.
Pre-requisite: MSAA*602 MBAA*602
Cross listing(s): MBAA 607.
MSAA 608 International Accounting (3.00)
Examines International Financial Reporting Standards (IFRS) and convergence issues between US GAAP and IFRS. Reviews Accounting Standards Codification for US GAAP foreign exchange and US International tax issue.
Pre-requisite: TAKE MSAA*602 OR MBAA*602;
Cross listing(s): MBAI 608 MBAA 608.
MSAA 609 Case Studies in Management Accounting (3.00)
Develops students' management accounting techniques and skills needed to make ethical profit-maximizing decisions. Emphasizes data selection, analysis, decision making and evaluation of results in complex, realistic situations.
Pre-requisite: MBAA*602
Cross listing(s): MBAA 609.
MSAA 610 Controllership (3.00)
Examines the function, role, and responsibilities of the chief accounting officer of a business organization. Considers both financial and nonfinancial aspects of the controllership function.
Pre-requisite: TAKE MBAA*602 OR MSAA*602;
Cross listing(s): MBAA 610.
MSAA 611 Tax Influence on Bus Decision-Making (3.00)
Studies the structure of the tax code, principles underlying it and impact on business transactions. Emphasizes tax planning.
Cross listing(s): MBAA 611.
MSAA 614 IT Auditing (3.00)
Combines accounting, regulation and IT security practices to educate students to protect organizational assets through establishment of auditing best practices, current governmental reporting standards, Sarbanes-Oxley requirements and secure management techniques.
Pre-requisite: MBAA*602 OR MSAA*602
Cross listing(s): MBAA 614 MSIA 684.
MSAA 615 Income Tax Research (3.00)
Develops the ability to research complex income tax questions. Examines the basis of tax law, research materials and research strategies. Research is completed using both manual and automated research systems.
Pre-requisite: TAKE MSAA*602;
Cross listing(s): MBAA 615.
MSAA 617 Accounting Information Systems (3.00)
Identifies and defines the manual and automated systems necessary to provide accounting information. Studies and compares systems to prepare financial accounting, cost accounting and tax documents. Develops efficient, controlled systems that provide both required and management information.
Pre-requisite: MBAA*602
Cross listing(s): MBAA 617.
MSAA 619 Forensic Accounting (3.00)
Provides and opportunity to study contemporary financial statement fraud cases using a five-part fraud taxonomy: fraud perpetration, fraud detection, fraud investigation, fraud prosecution and fraud prevention and the accountant's role.
Pre-requisite: TAKE MBAA*602 OR MSAA*602;
Cross listing(s): MBAA 619.
MSAA 621 Financial Apps XBRL & Interactive Data (3.00)
Studies XBRL (eXtensible Business Reporting Language) financial applications for Securities and Exchange Commission filings and other business intelligence and analytics applications. Development of XBRL applications for external and internal financial reporting will be covered.
Pre-requisite: TAKE MBAA*602 OR MSAA*602;
Cross listing(s): MBAA 621.
MSAC 601 Ethical & Legal Environment of Business (3.00)
Examines the social and governmental structure within which business operates. Focuses on effective and ethical strategies for addressing issues of public concern including labor and employment law; administrative agency procedures; public issues management; product liability; and social contract, agency and stake-holder models of corporate responsibility. NOTE: This Core course should be taken in the first nine (9) hours of the program.
Cross listing(s): MBAC 601.
MSAC 695 Business Planning and Strategy (3.00)
Develops a strategic and operating plan and implements it using a complex realistic business simulation model.