The MSAT degree requires a minimum of 30 hours.

Course Number and Title			Credit
Taxation Courses			15-21
	Selections From:
	ACCT 502	Advanced Tax Topics	3
	ACCT 514	Advanced Managerial Accounting	3
	ACCT 515	Business Valuation	3
	ACCT 517	Environmental Accounting and Taxation	3
	ACCT 518	International Financial Reporting	3
	ACCT 520	Research in Federal Taxation	3
	ACCT 525	Partnership Tax Law	3
	ACCT 530	Corporate Tax Law I	3
	ACCT 533	Corporate Tax Law II	3
	ACCT 535	Estate & Gift Taxation	3
	ACCT 545	Real Estate Tax Law	3
	ACCT 555	Farm & Natural Resource Taxation	3
	ACCT 560	Income Taxation of Trusts & Estates	3
	ACCT 565	Deferred Compensation Taxation	3
	ACCT 570	State Taxation & Procedures	3
	ACCT 575	International Taxation	3
	ACCT 577	Computer Applications in Taxation	3
	ACCT 579	Personal Financial Planning	3
	ACCT 590	Practicum/Internship	3
Accountancy Electives			0-6
	Selections From:
	ACCT 505	Perspectives in Auditing	3
	ACCT 510	Advanced Financial Reporting	3
	ACCT 512	Financial Reporting Theory	3
	ACCT 516	Financial Statement Analysis	3
Subtotal Taxation and Accountancy Classes			21
Non-Accountancy Electives			9
	Elective chosen from non-accountancy graduate courses.
Total Credit Hours			30

Non-Accountancy Electives must be approved by the student’s graduate advisor. Business Essentials courses in the MBA program are not available for credit towards the MSAT degree requirements, nor are courses that are essentially courses in accountancy (such as MBA 532).

Course Offerings

Additional work will be required to receive graduate credit for undergraduate G courses.

ACCT – ACCOUNTANCY

ACCT 450G Information Systems Auditing (3-0-3) Theory and application of auditing in a computerized accounting system environment. Course coverage emphasizes the standards by which information systems auditors should perform. Those standards address the evaluation of computer security, program development, program modification, computer processing, and source data controls. Current issues in auditing are addressed. Hands-on projects focusing on the review of security and the use of computer-assisted audit tools are utilized. PREREQ: ACCT 350, ACCT 405.

ACCT 451G MANAGERIAL ACCOUNTING (3-0-3) The development and use of cost information for strategic cost management is emphasized. The uses of accounting information for management planning, production, and control decisions are covered. Examples include operations and capital budgeting, computer applications, and an in-depth application of cost accounting concepts. Emphasis is placed on the understanding and use of current cost management techniques. PREREQ: ACCT 351 and OPERMGT 345.

ACCT 502 ADVANCED TAX TOPICS (3-0-3) Theory and application of federal income taxation to corporations, partnerships, limited liability companies, S corporations, fiduciaries, and tax-exempt organizations. Specific topics include the tax effects of forming and operating these various entities. The course includes an introduction to estate and gift taxation, the tax consequences of international transactions, and tax research techniques.

ACCT 505 PERSPECTIVES IN AUDITING (3-0-3) In-depth study of auditing from both internal and external auditors’ perspectives. Topics include substantive testing, evidence, planning, reporting, documentation, and case studies. The course includes a major project in either internal or external auditing.

ACCT 510 ADVANCED FINANCIAL REPORTING (3-0-3) Topics include financial reporting for partnerships, estates and trusts, and insolvency. Comprehensive study of complex business combinations, consolidated financial statements, and foreign currency transactions, PREREQ: ACCT 306.

ACCT 512 FINANCIAL REPORTING THEORY (3-0-3) Study of measurement theory and its implications for asset valuation and income determination. Emphasizes development of analytical and written communication skills.

ACCT 514 ADVANCED MANAGERIAL ACCOUNTING (3-0-3) (F/S) Advanced applications of managerial accounting information for strategic management decisions. Coverage includes specialized tools for planning, operating and control decisions such as strategic cost management, strategic performance measurement and incentive systems, and activity- and resource-based costing. Emphasis is placed on the understanding and use of state of the art managerial accounting techniques. PREREQ: ACCT 314 or MBA 532 and OPERMGT 345 or MBA 527 or PERM/INST.

ACCT 515 BUSINESS VALUATION (3-0-3) (F/S) Study of the theory and practice of financial statement analysis and business valuation. Methods of fundamental analysis and business valuation are examined in detail and applied in problems, cases and projects.

ACCT 516 FINANCIAL STATEMENT ANALYSIS (3-0-3) The analysis of published financial reports from the perspectives of investors, creditors, competitors, and potential business partners. Emphasis is on the communication of information obtained from a rigorous and comprehensive analysis of the statements.

ACCT 517 ENVIRONMENTAL ACCOUNTING AND TAXATION (3-0-3) A theoretical and practical examination of the impact of environmental considerations in financial, managerial, and tax reporting. The interdisciplinary nature of environmental study, especially environmental science and environmental law, will be the starting point for developing information. The course emphasizes oral and written communication of accounting information for decision-making.

ACCT 518 INTERNATIONAL FINANCIAL REPORTING (3-0-3) Contemporary accounting practices of the major national economies. Includes directives of the European Community affecting financial reporting and pronouncements and activities of the International Accounting Standards Board.

ACCT 520 RESEARCH IN FEDERAL TAXATION (3-0-3) Instruction in all aspects of tax research including legislative, administrative and judicial sources; major tax services; tax planning software and LEXIS; writing and negotiation skills.

ACCT 525 PARTNERSHIP TAX LAW (3-0-3) Tax meaning of partnership, formation transactions between partner and partnership; determination and treatment of partnership income; sales and exchanges of partnership interest; distributions; retirement; death of a partner; drafting the partnership agreement.

ACCT 530 CORPORATE TAX LAW I (3-0-3) Tax considerations in corporate formation, distributions, redemptions, and liquidations. The accumulated earnings tax, personal holding company tax, and S corporations are included.

ACCT 533 CORPORATE TAX LAW II (3-0-3) Advanced topics in corporate taxation including reorganizations, taxation of affiliated groups, and professional service corporations.

ACCT 535 ESTATE AND GIFT TAXATION (3-0-3) Federal estate and gift taxes, including estate planning.

ACCT 545 REAL ESTATE TAX LAW (3-0-3) Basis considerations, depreciation, and problems incident to the sale, exchange, and other disposition of property, including recognition and characterization concepts.

ACCT 555 FARM AND NATURAL RESOURCE TAXATION (3-0-3) Farm, forestry, mining, and oil and gas tax practices and issues.

ACCT 560 INCOME TAXATION OF TRUSTS AND ESTATES (3-0-3) Taxation of income of trusts and estates, with emphasis of income required to be distributed currently, equivocal distributions of income corpus, and accumulation distributions; other fiduciary tax problems, including the treatment of income in respect of decedents.

ACCT 565 DEFERRED COMPENSATION TAXATION (3-0-3) Study begins with the ERISA rules and includes changes and updates for deferred compensation to the current date.

ACCT 570 STATE TAXATION AND PROCEDURES (3-0-3) State income tax issues, sales and use taxes, state and federal income tax procedures.

ACCT 575 INTERNATIONAL TAXATION (3-0-3) Multinational tax law for domestic corporations with operations abroad and nonresident citizens.

ACCT 577 COMPUTER APPLICATIONS IN TAXATION (3-0-3) State of the art tax computer software applications including emphasis on tax planning considerations; writing and negotiation skills.

ACCT 579 PERSONAL FINANCIAL PLANNING (3-0-3) (F) The course focuses on the tools to help individuals reach their personal financial goals. There will be five main areas of emphasis: investments, insurance coverage/asset protection, income tax planning, retirement planning and estate planning. The areas will be covered in the personal finance framework.

ACCT 590 PRACTICUM/INTERNSHIP (3-0-3)