Accounting (ACCT)

ACCT 505 ACCOUNTING ESSENTIALS (1.5)

Introduces MBA students to the basics of corporate financial reporting and financial statement analysis from the manager's perspective. Emphasizes the preparation and analysis of financial statements and provides an overview of U.S. GAAP and IFRS rules for most critical accounting items. Prerequisite: Graduate Standing.

ACCT 601 FORENSIC ACCOUNTING PRINCIPLES (3)

Provides students with an overview of the field of forensic accounting focusing on the roles, responsibilities and requirements of a forensic accountant in both litigation and fraud engagements. This course examines basic litigation and fraud examination theory, identifies financial fraud schemes, explores the legal framework for damages and fraud and damage assessments and methodologies, and reviews earning management and financial reporting fraud. Other topics include computer forensics and corporate governance and ethics. Actual litigation and fraud cases are used to highlight the evolving roles of forensic accounting. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 602 DISSECTING FINANCIAL STATEMENTS (3)

Students will learn how to review, detect, and investigate possible financial statement concerns of publicly and privately held businesses, as well as nonprofit organizations and family businesses. Topics covered include legal elements of financial statement fraud, management’s and auditor’s responsibilities, improper revenue/sales recognition, inadequate disclosure of related-party transactions, improper asset valuation, improper deferral of costs and expenses, financial statement red flags, and inadequacies in management’s discussion and analysis. Students will learn how to detect and investigate possible financial statement problems by addressing such factors as off balance sheet activity, liquidity, financial performance indicators, unreported intangibles, and lease auditing. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 603 INVESTIGATIVE ACCOUNTING AND FRAUD EXAMINATION (3)

Topics include the in-depth review of sophisticated fraud scheme, how fraudulent conduct can be deterred, how allegations of fraud should be investigated and resolved, the recovery of assets, methods of writing effective reports, and complying with SAS 82 and other fraud standards. Fraud and investigation topics cover acts of skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, payroll and expense reimbursement schemes, improper accounting of inventory and other assets, corruption, bribery, conflicts of interest, security fraud, insurance fraud, anti-terrorist financing, and money laundering. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 604 LITIGATION SUPPORT (3)

Addresses the relationship between the forensic accounting professional and the litigation process in which they may play a role. Specifically, this course will cover the litigation process, the legal framework for damages and fraud, damage assessment methodologies, issues related to the presentation of evidence through expert testimony, practices used in supporting divorce cases, and basic rules of evidence as they apply to forensic accountants. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 605 PERFORMANCE MANAGEMENT AND ACCOUNTING CONTRLS (3)

Focuses on how managers can use accounting information in the budgeting process to assist them in planning, controlling, and making decisions. Introduces students to internal controls, corporate governance, and enterprise risk management. Prerequisite: ACCT 505 or permission of the MBA program director.

ACCT 630 CONTEMPORARY ISSUES IN FINANCIAL ACCOUNTING (3)

Theoretical foundations of generally accepted accounting principles and how they influence practice. Basic postulates, assumptions and standards that underlie measurement criteria and practices of financial accounting. Prerequisites: Undergraduate degree in accounting and admission into MACC.

ACCT 655 TAX POLICY (3)

The evolution and structure of the federal income-tax system from a public policy perspective. Focus is placed on legal, economic, social and practical considerations. Alternatives, including current legislative proposals, are considered. Students prepare a research paper on a topic related to tax policy. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 680 TAXATION OF ENTITIES (3)

Federal income taxation of corporations, partnerships, estates, and trusts, and the taxation of gifts and estates. Analysis includes consideration of the sources of tax law, weight or authority, ethical issues, planning and administrative procedures. Prerequisites: Course equivalence to an undergraduate degree in accounting including a tax course and admission to the MS in Accounting and Business Advisory Services Program.

ACCT 695 INDEPENDENT RESEARCH IN ACCOUNTING (1-3)

Individual and supervised research in selected areas of accounting. Special permit required. May be repeated for a maximum of 6 units. Prerequisites: Entry into the Accounting and Business Advisory Services Program and Consent of instructor.

ACCT 697 GRADUATE ACCOUNTING INTERNSHIP (3)

Students work on assigned projects within an actual accounting environment. Grade requirements include a work supervisor evaluation, a research paper and a journal detailing the work experience. Prerequisites: Admission to the MS in Accounting and Business Advisory Services Program and permission of the graduate director of the accounting program.

ACCT 720 DESIGN OF MANAGERIAL COST AND CONTROL SYSTEMS (3)

Applies theoretical knowledge to practical applications. Examines both the conventional and more recent advanced cost systems, such as activity-based costing, in many different environments using the case study approach. Through the analysis of the problems associated with identifying cost drivers, the determination of the allocation of costs, and the transfer of costs, students will gain an appreciation of the importance and the spectrum of cost-accounting information in the managerial decision-making process. Prerequisites: Undergraduate degree in accounting and admission into MACC program.

ACCT 740 ADVANCED TOPICS IN ASSURANCE SERVICES (3)

A study of the application of generally accepted auditing standards and procedures to myriad contemporary auditing issues. Contemporary issues such as auditor independence, professionalism, ethical dilemmas, analytical procedures, internal control, high-risk clients, earnings manipulation and unique client transactions are addressed in a case format. Cases address actual, not contrived, situations. Prerequisites: Undergraduate degree in accounting and admission into MACC program.

ACCT 750 FORENSIC ACCOUNTING (3)

Forensic accounting is an interdisciplinary study of social learning/process theories, accounting, law, the systems of internal controls, evidence gathering, interpersonal skills, communication skills and information technology skills. This course provides foundation knowledge about fraud prevention, detection and investigation for an accountant. Prerequisite: ACCT 640 or consent of instructor.

ACCT 752 ADVANCED TOPICS IN ACCOUNTING SYSTEMS (3)

An exploration of advanced accounting information system topics such as ERP Systems, E-Business applications, AI Implementation, security. Prerequisites: ACCT 300 and admission to Accounting Program.

ACCT 755 GOVERNMENTAL AND NOT-FOR-PROFIT ACCOUNTING (3)

Advanced study of generally accepted accounting principles and procedures of governmental units and not-for-profit organizations, emphasizing current issues, external financial reporting and the relevant authoritative accounting pronouncements. Topics include characteristics and types of not-for-profit organizations, accounting and reporting entity, fund accounting, budgetary accounts, contributions received and made, investments and the encumbrance system. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 761 ACCOUNTING FOR HEALTH CARE ORGANIZATIONS (3)

Financial reporting, analysis and strategy principles applied to for-profit and not-for-profit health care organizations. Financial and managerial accounting issues related to strategic decision making are emphasized. Includes review of the authoritative health care accounting literature, overview of the health care accounting environment, issues in revenue and expense recognition, balance sheet valuations, budgetary control systems, cost accounting, performance measurement and financial implications of third-party payment systems and managed-care arrangements. Prerequisite: ACCT 504 or equivalent. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 762 ACCOUNTING FOR MEDICARE REGULATION (3)

Principles and applications of Medicare payment systems and rate regulation for health care providers, emphasizing understanding the Medicare system, developing the technical skills required to identify and research problems in Medicare payments, isolating relevant regulatory issues and developing documentary support and arguments for proposed solutions to problems in health-care payment claims. Topics include Medicare and the U.S. health care system, Part A hospital insurance benefits, Part B supplementary medical insurance benefits, exclusions from coverage, fraud and abuse, physician self-referral, payment rules, cost reports, claims and appeals and managed care plans. Prerequisite: ACCT 504 or equivalent. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 770 SEMINAR IN CURRENT TOPICS IN ACCOUNTING (3)

A study of current developments and contemporary problems in accounting. Topics vary from year to year. A significant research project is a key component of the course. May be repeated for a maximum of 6 units. Prerequisites: Intermediate accounting I, II, and III or equivalent.

ACCT 780 SUSTAINABILITY ACCOUNTING (3)

Sustainability accounting concerns the process of identifying, measuring and reporting the entities' impact on the planet with a focus mainly on the environmental impact. Determining how different entities affect the environment, measuring that impact and deciding what, how and who to report this impact to, are all part of the course. Will cover topics dealing with greenhouse gas emission, trading and sustainability investing. Prerequisite: ACCT 640 or equivalent.

ACCT 797 SPECIAL TOPICS IN ACCOUNTING (3)

Specialized topics in accounting, allowing flexibility for both the changing developments in accounting and the educational needs of students. Exact topics and prerequisite structure appear in the schedule of classes. Prerequisite: ACCT 640 or area approval. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.

ACCT 799 INDIVIDUAL RESEARCH (1-3)

Prerequisite: approvals of accounting instructor and chair of accounting department. University of Baltimore course provided as part of the joint Accounting and Business Advisory Program.