Tax Track (30 credit hours) All MAcc students in the Tax Track are required to complete the following courses: MACC 6400 Tax Research & Planning (3) MACC 6420 Taxation of Gifts, Estates, & Trusts (3) MACC 6430 Advanced Individual Tax Problems (3) MACC 6460 Corporate Taxation (3) MACC 6470 Partnership Taxation (3) And at least one of the following. MACC 6440 Exempt Entities and State & Local Taxation (3) MACC 6480 Retirement Planning (3) MACC 6490 Advanced Corporate Taxation (3) In addition to meeting the requirements set forth above, MAcc students in the Tax Track are required to complete at least 2 three-hour non-tax MAcc courses. MASTER OF ACCOUNTING COURSES - MACC Entry into all 6000 level courses requires graduate standing. (See School of Accountancy for graduate standing criteria.) MACC 6120. Financial Accounting & Reporting (3) In-depth coverage of finandal accounting and reporting topics from a theoretical and practical standpoint through a combination of reading assignments, classroom ledure/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. MACC 6130. Governmental and Nonprofit Accounting (3) A study of governmental and nonprofit accounting concepts including revenue and expense recognition; asset and liability valuation; and reporting, disclosure, and financial analysis. Includes in-depth discussion of the new GASB reporting model for governments and analysis of adual government finandal statements produced using the new model. MACC 6160. Financial Statement Analysis (3) Comprehensive study of the analysis and interpretation of finandal statements by external decision makers and the impact of accounting conventions and alternative standards on analytical measures. MACC 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. MACC 6310. Advanced Cost Accounting (3) Advanced cost accounting topics including cost accounting for non-manufacturing organizations, human information processing, activity resource usage, pricing, performance measurement, and non-routine decisions. MACC 6330. Strategic Management Accounting (3) A study and analysis of advanced managerial accounting subjects. Examines the impact of accounting information on managerial processes induding planning, organizing, and contiolling. MACC 6400. Tax Research & Planning (3) Techniques in effective tax research, planning and communication. Also includes discussion of tax policy, procedure and ethics. MACC 6410. International Taxation (3) Prindples of U.S. taxation applicable to inbound and outbound international transactions. Also covers issues related to international tax treaties. 185 MACC 6420. Taxation of Gifts, Estates, & Trusts (3) Prindples of estate & gift taxation and valuation. Also indudes wills and intestate succession and income taxation of estates and trusts. MACC 6430. Advanced Individual Tax Problems (3) In-depth coverage of advanced individual tax issues such as alternative minimum tax, loss limitations, real estate trans adions, stock options, employment taxes, tax credits, charitable contributions, interest dassification, related-party transadions, and timing of income/loss recognition. MACC 6440. Exempt Entities and State & Local Taxation (3) Nonprofit corporations, public charities, private foundations, excise taxes, unrelated business income, and compliance issues for tax-exempt entities. State income taxation, nexus, constitutional limitations, sales tax, exdse tax, property tax, and other current state and local tax issues. MACC 6460. Corporate Taxation (3) Income taxation of corporations and shareholders. Includes in- depth analysis of tax issues related to corporate formations, operations, distributions and liquidations. Also covers the taxation of S corporations. MACC 6470. Partnership Taxation (3) Income taxation of partnerships and partners. Includes in-depth analysis of tax issues rdated to partnership formations, operations, distributions and liquidations. Also covers issues related to limited liability companies. MACC 6480. Retirement Planning (3) Consideration of tax, insurance, investment and estate planning principles from a retirement perspective. Includes discussion of sources of retirement income and anticipated retirement expenses. MACC 6490. Advanced Corporate Taxation (3) In-depth coverage of advanced corporate tax topics such as tax-free corporate reorganizations, taxable stock acquisitions, taxable asset acquisitions, affiliated groups, consolidated returns, and corporate tax shelters. Recommended Prerequisite: MACC 6460. MACC 6560. Advanced Auditing and Assurance Services (3) Advanced topics of auditing and assurance services induding professional and technical aspects of auditing practice, introduction to SEC, ethics and legal responsibilities, fraud, recent auditing developments, sampling techniques for dedsion making, internal control, and risk assessment. MACC 6570. Information Systems Auditing (3) Methods, techniques, controls, and procedures used in the audit of computerized accounting systems. MACC 6580. Internal Auditing (3) Internal audit profession, internal control, risk assessment, evidence gathering, audit management, internal/external auditor relations, environmental auditing and federal sentencing guidelines, and audit reporting. MACC 6610. Advanced Accounting Information Systems (3) An advanced study of accounting inf ormation systems including general ledger, prindples, tools, and techniques for controls, database systems, management query, and data analysis tools and systems. Course integrates projeds and case studies where applicable. MACC 6801, 6802, 6803. Individual Study (1, 2, 3) Individual work or work in small groups, by arrangement, on special topics not included in the announced course offerings. Prerequisite: Approval of Graduate Coordinator and Instructor. General PROFILE ENROLLMENT STUDENT AFFAIRS ACADEMIC INFO DEGREE REQ GENED Interdisciplinary FYE HNRS BIS LIBS INTRD MINORS Applied Science 8 Technology AUSV/ATTC CEET CS MFET/ETM MET CMT DGET ENGR IDT SST TBE Arts 8 Humanities MENG COMM ENGL FL DANC MUSC THEA ART/ARTH Business SEcon MBA MACC/ACTG BSAD FIN MGMT MKTG SCM ECON/QUAN 1ST Education MSAT MED CHF ATHL/AT HLTH/NUTR PE/PEP/REC EDUC Heaifh Professions MHA MSN CLS DENT PAR HTHS HAS/HIM NRSG RADT DMS/NUCM RATH REST Science BTNY CHEM GEO MATH/MTHE MICR PHYS ZOOL Social S Behavioral Sciences MCJ/CJ ECON GEOG HIST POLS/PHIL PSY SW/GERT SOC/ANTH AERO MILS NAVS Continuing Ed Davis Campus Weber State University 2008 - 2009 Catalog