166 business-related degrees can expect to spend about two years in the program. Those with non-business related undergraduate degrees should plan to spend at least three years in the program. Contact the School of Accountancy for a separate and detailed bulletin on the Master of Professional Accountancy Program. Suggested Course Sequence Please refer to this program in the on-line catalog (weber.edu/catalog) and/or contact the department for a suggested course sequence. MASTER OF PROFESSIONAL ACCOUNTANCY COURSES - MPACC Entry into all 6000 level courses requtes graduate standing. (See School of Accountancy for graduate standing criteria.) MPAcc 6120. Financial Accounting & Reporting (3) F In-depth coverage of financial accounting and reporting topics from a theoretical and practical standpoint through a combination of reading assignments, classroom lecture/discussion sessions, assignments, cases, and student presentations. Topics include the FASB and the standard-setting process; SEC policy and practice; accounting for leases, post-employment benefits, deferred income taxes, and stock compensation plans. Prerequisite: Acctng 3120. MPAcc 6140. Evolution of Accounting Thought (3) Development of traditional accounting theory including discussion of the various standard-setting bodies, self-regulation, politicization of accounting standard setting, and environmental influences affecting the accounting profession. Prerequisite: Acctng 3120. MPAcc 6150. Financial Accounting Theory (3) S Theoretical approaches to the solution of current problems in financial reporting. Prerequisite: Acctng 3120. MPAcc 6170. International Financial Reporting (3) A study of the functions of international financial accounting, emphasizing such issues as the internationalization of accounting standards, and the development of individual country differences in accounting procedures and regulations. Prerequisite: Acctng 3120. MPAcc 6210. Ethical Considerations & Legal Liability (3) A study of the ethics espoused by accountants and their professional organizations with attention given to the current legal climate in which accountants operate. MPAcc 6250. SEC Accounting (3) The course is to provide the student with a first course in SEC reporting skills. The course will examine the Forms 10K, 10W, 8K, SI, SI, and S3. The course will also specifically examine the issues to be considered in preparing the Management Discussion and Analysis section of various SEC filings. Issues related to proxy statement, insider trading and liability of corporate officers will also be discussed. MPAcc 6260. Quantitative Methods in Accounting (3) The application of mathematics and statistics to accounting problems. Models and techniques include cost estimation, cost control, inventory management, financial forecasting, linear programming, goal programming, Markov analysis, and simulation. MPAcc 6310. Advanced Cost Accounting (3) F Advanced cost accounting topics including cost accounting for non- manufacturing organizations, human information processing, activity resource usage, pricing, performance measurement, and non-routine decisions. Prerequisite: Acctng 3300. MPAcc 6330. Advanced Managerial Accounting (3) 5 A study and analysis of advanced managerial accounting subjects. Examines the impact of accounting information on managerial processes including planning, organizing, and controlling. Prerequisites: Acctng 3300. MPAcc 6340. Controllership (3) S The role and responsibilities of the modern controller. Topics include internal and external reporting, business strategy, corporate finance, reengineering, strategic cost management, and information technology related to the controllership function. The application of theory, concepts, and practice from financial accounting, managerial accounting, and financial economics as these relate to the controllership function will be presented. Prerequisite: Acctng 3120, 3300; Fin 3200. MPAcc 6400. Tax Research & Planning (3) F Procedures in effective tax research as applied to specific problems of individuals, corporations, partnerships, and fiduciaries. Prerequisite: Acctng 5440. Recommended: MPAcc 6400. MPAcc 6410. International Taxation (3) Basic principles of international taxation. Prerequisite: Acctng 5440. Recommended: MPAcc 6400. MPAcc 6420. Wills, Gifts, Estates, & Trusts (3) S Principles of unified estate and gift taxation. Wills and intestate succession and income taxation of estates and trusts will also be covered. Prerequisite: Acctng 5440. Recommended: MPAcc 6400. MPAcc 6450. Tax Policy & Procedure (3) A conceptual study of taxes and tax entities in use by governmental units and their relative fairness and efficiency in generating revenue. The course will also include audit, appeal, and litigation strategy applicable to federal tax matters. Prerequisite: Acctng 5440. Recommend: MPAcc 6400. MPAcc 6460. Advanced Corporate Taxation (3) 5 A study of the income taxation of corporations with emphasis on corporate formation, distributions, liquidations, and reorganizations. Prerequisite: Acctng 5440. Recommended: MPAcc 6400. MPAcc 6470. Advanced Partnership Taxation (3) S A study of the income taxation of partnerships including formation, distributions, purchase and sale of partnership interest, etc. Prerequisite: Acctng 5440. Recommended: MPAcc 6400. MPAcc 6480. Retirement Planning (3) F Consideration of tax, insurance, investment, and estate planning principles looked at from the perspective of the retirement years. Includes discussion of social security, Medicare, and Medicaid. Prerequisite: Acctng 3400. Recommended: MPAcc 6400. MPAcc 6550. Audit Techniques & Cases (3) F A study of contemporary auditing techniques and issues. Prerequisite: Acctng 4510. MPAcc 6570. Information Systems Auditing (3) S Methods, techniques, controls, and procedures used in the audit of computerized accounting systems. Prerequisite: Acctng 4510. MPAcc 6580. Internal Auditing (3) F Internal audit profession, internal control, risk assessment, evidence gathering, audit management, internal/external auditor relations, environmental auditing and federal sentencing guidelines, and audit reporting. Prerequisite: Acctng 4510. WEBER State Univ 2003-2004 CATALOG E R S I T Y