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, excise tax, properly tax, and other current state and local tax issues. MACC 6450. Real Estate Taxation (3) In-depth study and analysis of the taxation of real estate transactions. Covers topics such as like-kind exchanges, personal residences, real estate development, passive loss rules, involuntary conversions, casually losses, and real estate investment trusts. MACC 6460. Advanced 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. Advanced Partnership Taxation (3) Income taxation of partnerships and partners. Includes in-depth analysis of tax issues related to partnership formations, operations, distributions and liquidations. Also covers issues related to limited liability companies. MACC 6480. Retirement Planning and Employee Benefits (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. Mergers, Acquisitions and Consolidations (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 including professional and technical aspects of auditing practice, introduction to SEC, ethics and legal responsibilities, fraud, recent auditing developments, sampling techniques for decision 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 information systems including general ledger, principles, tools, and techniques for controls, database systems, management query, and data analysis tools and systems. Course integrates projects 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. MACC 6991, 6992, 6993. Lecture Seminar (1, 2, 3) Lecture and discussion of current accounting topics by individuals from business and industry. DEPARTMENT School of Accountancy Chain Dr. Larry Deppe Location: Wattis Business Building, Room 221 Telephone Contact: Tonia Wilson, 801-626-6072 Professors: Jefferson Davis, David Durkee, Ronald Mano, Richard McDermott, James Swearingen; Associate Professors: Larry Deppe, David Malone, Matthew Mouritsen; Assistant Professors: Ryan Pace, Eric Smith, Sandra Swearingen; Instructor Loisanne Kattelman; Visiting Professor: Tom Allen I he School of Accountancy creates a synergy between accounting, business, and economic theory and contemporary practice to prepare working professionals and full-time students for careers in a global, culturally diverse, information-driven economy. Three principles are central to our mission: • Education - The first, and foremost, is fostering learning through excellent teaching, individual attention, and scholarship, which develops, assesses, and disseminates good practice. • Research - The second is the application of theory to practice through applied research and scholarship, and the utilization of applied research to further learning in the classroom and through co-curricular activities. • Community - The third is advancing contemporary practice and creating learning opportunities by contributing to the accounting profession and to business and the community. The field of accounting encompasses the well-recognized profession of public accounting including auditing, management advisory services, and tax services; professional careers in industry such as management accounting (controllership), cost accounting, and internal auditing; careers in various governmental agencies and other accounting and business-related fields. (Accounting is defined as the process of gathering, classifying, interpreting, and presenting financial and non-financial information for decision-making purposes to diversified user groups.) Certification in public accounting in Utah requires 30 semester hours beyond a baccalaureate degree. Students should take advantage of opportunities to prepare themselves to sit for one of the professional examinations (such as Certified Public Accountant, Certified Management Accountant, and/or Certified Internal Auditor) at the culmination of their accounting program. Accounting Major bachelors degree (bs or ba) » Program Prerequisites: Most business and economics courses with numbers above 3000 require formal admission to the John B. Goddard School of Business & Economics and completion of ACTG 2010, ECON SS2010, ECON SS2020,1ST TE2010, and QUAN SI2600. These five courses are referred to collectively as "Business Foundations." All Accounting courses numbered above 3000 require admission to the Goddard School and Business Foundations except ACTG 3110, 3400, and 3500. (Refer to the John B. Goddard School of Business & Economics Requirements on pages 185-187.) » Minor: Not required. » Grade Requirements: Candidates for the bachelor of arts and bachelor of science degrees must complete all prerequisite and required business and economics courses with a grade of "C-" or higher. In addition, the cumulative Business Foundation GPA, the overall business and economics GPA, and the overall university GPA must be 2.5 or higher. » Credit Hour Requirements: A total of 120 credit hours is required for graduation. Weber State University 2010-2011 Catalog