MBA Accountancy Courses
ACCT 60100 Financial Accounting I
2 credit hours
This course addresses the accounting process used to measure and report economic events to outside stakeholders. The course focuses on fundamental concepts, required financial statements, and key relationships. The course emphasizes the role of accounting in contracts and in decision-making by investors, creditors, and regulators.
ACCT 60120 Financial Accounting II
2 credit hours
This course continues the study of financial accounting. It discusses the accounting for additional business contracts such as investments, leases, and pensions. As in ACCT 60100, the course emphasizes the role of accounting in contracts and in decision-making by investors, creditors, and regulators.
ACCT 60200 Strategic Cost Accounting
2 credit hours
After defining the scope of management accounting, this course examines topics such as opportunity costs and their role in decision making, cost terminology and break even analysis, organizational architecture and principal-agent relationships, the role of monitoring and incentives, markets versus firms, responsibility accounting and return on investment, residual income and economic value added, the controllability principle and transfer pricing, operating budgets and incentive issues, joint cost allocations and decision making, and product costing.
ACCT 70110 Corporate Financial Reporting I
2 credit hours
This course continues the study of financial accounting. Topics examined include accrual accounting and cash flow, revenue recognition and earnings management, marketable securities and comprehensive income, deferred taxes, renewable and inventory, property and intangibles, simple financial instruments (debt), and leases.
ACCT 70120 Corporate Financial Reporting II
2 credit hours
The objective of this course is for students to read, understand, and critically evaluate financial statement information. These skills are necessary for business analyses and understanding the financial press. ACCT 70120 builds on ACCT 70110 by addressing additional topics related to leases, stock-based compensation, retirement plans, and investments, including controlled entities and foreign operations. Journal entries, financial statement presentation, and financial statement footnote disclosures are examined. In addition, the rationale underlying the reporting requirements and management incentives for manipulating those requirements are explored. The text is supplemented with articles in the popular or financial press and actual financial statements.
ACCT 70570 Accounting Fraud Examination
2 credit hours
The general learning objective of this course is to master the body of knowledge called forensic accounting. A broad range of topics in which we will touch upon in detail include but are not limited to: corporate governance, criminology, general fraud analysis and investigation, financial statement fraud and data mining technology.
ACCT 70580 Valuation Litigation Support
2 credit hours
The primary purpose of the course is to expose students to valuation contexts and methodologies that are widely used in practice, but not covered in a typical accounting or finance valuation course. For example, we will focus on issues such as closely held firm valuations, minority shareholder discounts, the valuation of intellectual property (a particular emphasis), valuation issues related to the recent purchase of the Tribune Company by a group led by Sam Zell, and sport franchise valuation issues. So the primary learning in the course relates to the broadening and deepening of one’s understanding of valuation contexts and methodologies that arise in practice. A second important benefit of taking the course is that students will have the opportunity to learn from and network with leading valuation practitioners and expert witnesses. About half of the class sessions will be devoted to presentations by outside speakers