Master of Science in Accounting

A comprehensive study of the financial statements, with special emphasis on valuation of each class of asset. Also reviewed are the concepts and principles underlying accounting and their application in the accounting process. Students must have access to Microsoft Word and Microsoft Excel software.

A continuation of Intermediate Accounting I, emphasizing liability and stockholders’ equity accounts, revenue recognition, inflation accounting, statement of cash flows and financial analysis are included. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT600).

Pre Reqs: Intermediate Accounting I(ACCT600)

A study of the techniques used to interpret and analyze financial statements effectively. Managers, accountants, investors and analysts often perform analytical procedure to learn more about what is being reported by public corporations. The viewpoint is that of the user of financial statements. This course is designed primarily for students who expect to be intensive users of financial statements as part of their professional responsibilities. Students must have access to Microsoft Word and Microsoft Excel software. Prerequisite: ACCT 695 or an equivalent graduate level course in Principles of Accounting.

Pre Reqs: Accounting Theory and Concepts(ACCT695)

A basic analysis of accumulating and reporting of costs of operations, budgets and other tools of management for measuring profitability of a business enterprise are studied. Emphasis is given to the various cost systems —job order, process cost, standard cost and variable costing. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT601).

Pre Reqs: Intermediate Accounting II(ACCT601)

An advanced analysis of accounting theory and practice designed to prepare the accounting major for complex problems that arise from partnerships, consolidations and mergers, receiverships, and governmental units. Also a study of the theoretical and practical approach of accounting, budgeting, reporting and auditing for governmental units, colleges and universities, hospitals and other not-for-profit organizations. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT601).

Pre Reqs: Intermediate Accounting II(ACCT601)

A study of financial reporting for international firms who operate in the global environment. Course topics include International Financial Reporting Standards (IFRS), auditing the global firm, financial reporting outside of the United States, international financial disclosure issues, accounting harmonization, ethics, foreign exchange, and cultural issues. Students must have access to Microsoft Word and Microsoft Excel software. Prerequisite: ACCT600

Pre Reqs: Intermediate Accounting I(ACCT600)

THIS COURSE WILL REQUIRE A PROCTORED EXAM. A study of income determination and concepts for individuals with emphasis of the impact of taxation on personal and/or business decisions, elementary research techniques, and an understanding of the IRS tax code. Students must have access to Microsoft Word and Microsoft Excel software.

A survey of the rapidly developing and increasingly relevant discipline of forensic accounting with emphasis on such topics as identifying fraudulent financial statements, skimming, cash larceny, check tampering, billing schemes, payroll and expense reimbursement irregularities, non-cash misappropriations, corruption, and interviewing witnesses; emphasis on the techniques for detecting, measuring and preventing fraud from an analysis of organizations such as WorldCom, Enron, Cendant, Adelphia, Freddie Mac, Fanny Mae and others. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT610).

Pre Reqs: Advanced Accounting(ACCT610)

A study of the accounting function, its role in society, and the theory that provides the underpinning for modern financial reporting. The course will provide an understanding of Generally Accepted Accounting Principles and how these principles affect financial accounting and reporting for business entities. Topics covered include revenue recognition principles, accounting for leases, accounting changes, error corrections, and other related topics. All core courses must be taken prior to the capstone course. Students must have access to Microsoft Word and Microsoft Excel software.