Course Descriptions

ACCT 6303 Business Law, Contracts and Equity for Accountants

A detailed legal analysis of the Uniform Commercial Code, including sales, commercial paper, bank deposits and collections, electronic transfer funds, letters of credit, secured transactions, and creditors’ remedies. This course may also include discussions of the Bankruptcy Act, the legal analysis of the Uniform Partnership Act, and the Business Corporations Act.

ACCT 6305 Advanced Federal Taxation

Introduction to advanced topics: taxation of corporations and stockholders’ transactions in stocks; income taxation of partnerships and fiduciaries; gift and estate taxation; and tax research techniques. Prerequisite: ACCT 5334 or introductory tax course.

ACCT 6309 Accounting Theory and Practice

Covers accounting theory and the conceptual framework for generally accepted accounting principles and procedures. Includes professional pronouncements and reporting regulations as well as issues involved in the preparation of financial statements. Prerequisite: ACCT 5331 and 5332 or equivalents.

ACCT 6310 Advanced Accounting Problems

The application of GAAP related to the proper accounting for consolidations, mergers and acquisitions, and the preparation of consolidated financial statements. Accounting for partnerships, reorganizations, estates and foreign currency translations and transactions is covered. Prerequisites: ACCT 5331 and ACCT 5332 or equivalents.

ACCT 6312 Accounting Ethics

A study of ethical issues in the accounting profession, including analysis of core values and ethical reasoning applied to ethical dilemmas as well as the professional standards of integrity, objectivity and independence. Approved by the Texas State Board of Public Accountancy to qualify candidates to sit for the Certified Public Accountant exam in Texas. Prerequisite or concurrent registration: ACCT 5343 or equivalent.

ACCT/FINC 6316 Financial Statement Analysis

Financial statements provide a basis for a wide range of
business analysis. The primary goal of this course is for
students to learn how to improve business decision-making
by taking a set of financial statements and systematically
analyzing the data. This course consists of three parts:

  1. Accessing the historical performance of the firm using ratio analysis and cash flow analysis
  2. Forecasting the firm’s future performance
  3. Estimating the equity value of the firm 

This course is designed to help students develop the necessary analytical skills required for careers in corporate management, investment banking, credit analysis, security analysis, or consulting. Prerequisites: ACCT 2301 and ACCT 2303 or equivalent for ACCT 6316; FINC 6317 or equivalent for FINC 6316.

ACCT 6318 Fraud Examination and Forensic Accounting

A study of occupational fraud and abuse, as well as fraud prevention, detection, and forensic accounting techniques. Topics include: perpetrator behavior and demographics, asset misappropriation, fraudulent financial statements, corruption, fraud investigations and corporate governance policies.

ACCT/FINC 6320 Valuation

This course builds on the financial theories, intuitions, and tools developed in Financial Management courses. It introduces valuation concepts related to the valuation of projects and business enterprises and to the claims on the cash flows that they generate. Topics covered include forecasting cash flows, discount rate estimation, the interaction between capital structure and value, as well as cost, market, income, and option‐based valuation methods. Students are introduced to the relevant theories and tools, and are taught how to apply these theories and tools in realistic settings. Prerequisite: FINC 6301 Financial Management or FINC 6317 Finance for Managers.

ACCT/FINC 6322 Corporate Governance

This course is designed to increase individual skills and knowledge of good governance practices such that graduates would be seriously considered for appointment to the board of directors of a small not for profit organization. The course aims to increase understanding of the legal, economic, managerial and psychological issues directors confront as well as provide a better appreciation for their normal duties. Using this knowledge, students will be asked also to consider how directors should deal with a range of complex crises: the gradual decline of a company, hostile takeovers, proxy battles, changes in corporate strategy, or the faltering performance of a CEO. While many issues in corporate governance remain controversial, a critical aspect of this course is to acquaint participants with the broad range of governance options, their implementation, best practices, and their consequences. Prerequisite: ACCT 2301 and ACCT 2303 or equivalent for ACCT 6322. FINC 6301 Financial Management or FINC 6317 Finance for Managers for FINC 6322.

ACCT 6323 Cases in Cost Accounting

This course examines accounting techniques utilized by managers to plan, implement and control organization resources to improve performance and comply with the organization’s strategies. Cost accounting is used by managers to gather cost, analyze cost, and prepare cost reports for decision making in the organization. The topics to cover in this course include cost analysis and estimation, cost management systems, and management control systems. The case based teaching method will be used in this course to provide an analytical approach to evaluate cost problems encountered by the organization.

ACCT 6324 Accounting Analytics

This course explores the impact of data analytics on financial accounting and auditing. As technology advances, traditional methods of financial accounting and auditing are also changing. The accounting profession today is faced with the challenge of embracing the power of data analysis in all aspects of accounting practice. Developing the skills necessary for an understanding of how data can be collected and analyzed in financial accounting and auditing settings is critical to the continued advancement and value
of the accounting profession. Students will learn seven skills in this course:

  1. Develop an analytics mindset
  2. Understand the process of data scrubbing and preparation
  3. Recognize data quality
  4. Perform basic analysis in descriptive analytics
  5. Learn data analysis through data manipulation
  6. Problem solve through statistical data analysis
  7. Report results through data visualization

ACCT 6326 Audit Analytics and Technology

This course explores appropriate analytics used in the audit profession, the theory behind advanced audit techniques, and hands on learning of audit analytic tools and other technologies used the audit field. Prerequisite: ACCT 5343 or equivalent.

 Accounting Prerequisite Courses 

ACCT 5331 Intermediate Accounting I 

This course cover recording business transactions in accordance with U.S. Generally Accepted Accounting Principles. The course also provides exposure to International Financial Reporting Standards and the use of FASB's Accounting Standards Codification website. Topics include: accounting for cash, receivables, inventories, investments, intangible assets, current liabilities and contingencies, revenue recognition and plant, property, and equipment. Prerequisites: ACCT 2301 and ACCT 2303 or equivalent. 

ACCT 5332 Intermediate Accounting II

This course is a continuation of Intermediate I (ACCT 5331). It continues the coverage of recording business transactions in accordance with U.S Generally Accepted Accounting Principles. The course also provides exposure to International Financial Reporting Standards and the use of FASB's Accounting Standards Codification website. Topics include: accounting for taxes, pensions, bonds, and corporate capital. Prerequisites: ACCT 5331. 

ACCT 5332 Auditing 

An introduction to the theory, concepts and principles of auditing, emphasizing audit evidence, audit risk, ethical conduct and legal restrictions, professional standard, audit planning, and audit reports. Prerequisites: ACCT 5332 and ACCT 5333. 

ACCT 6304 Taxation - Individuals and Managers

Introduction to the broad structure of income tax law as it applies to individual tax issues. Issues associated withe the personal tax return and, consequential, tax planning are covered. Prerequisite: ACCT 5331.