ACCY 451 Role of Information in Value Creation

Analyzes the role of information in processes employed by organizations to create value in market settings and by markets in allocating resources among organizations. Topics draw from concepts such as strategic management, economics of organization, risk, information, and systems theory to understand the role of accounting and tax in value creation. Topics are introduced in a general business context and are explored and expanded in a tax context where appropriate. Projects facilitate self discovery of knowledge and development of a variety of professional skills and attitudes.

ACCY 551 Corporate Income Taxation

Analyzes the tax treatment, problems, planning techniques, and underlying governmental policies involving corporations and their shareholders; coverage includes formations, operations, distributions, liquidations, and reorganizations. The Internal Revenue Code, Treasury Regulations, Case Law, and IRS Rulings are the foundation for understanding these topics.

ACCY 552 Partnership Income Taxation

Analyzes the tax treatment, problems, planning techniques, and underlying governmental policies involving partnerships and their partners. The course structure is around the life cycle of a partnership and covers such topics as formation, operations, allocations, distributions, sales, liquidations and retirements. The Internal Revenue Code, Treasury Regulations, Case Law, and IRS Rulings are the foundation for understanding these topics.

ACCY 593 Advanced Topics in Accounting for Income Taxes

With FAS 109 as its core, this course focuses on the significance of tax accounting in today’s business environment. The course takes an in-depth look at the requirements and nuances of FAS 109, including temporary and permanent book/tax differences. The course also explores the accounting treatment of various complex financial and business transactions, thereby providing the foundation necessary to properly determine the tax accounting treatment on the financial statements and ultimately, the effective tax rate. The impact of the Exposure Draft for Uncertain Tax Contingencies, Sarbanes-Oxley and the PCAOB’s governance requirements for the accounting profession are also added to the mix. The result is a unique look at and understanding of the role of the tax professional in ensuring that the financial statements properly reflect the tax impact of today’s business transactions.


ECON 512 Tax Policy and Procedures

A normative analysis of the structure and design of the tax system including the tenets of good tax policy; theoretical and empirical analysis of the impact of taxation on the economic system; topics include tax equity and excess burden, incentive effects of taxation, tax incidence, structure of major types of taxes (income, consumption, and wealth), and taxation in developing economies. In addition, the framework within which a tax professional operates is analyzed, including: the processes through which tax laws are enacted, interpreted, administered and applied; the various forms of tax law interpretation, including regulations, rulings, court decisions, etc., along with their relative authoritative weight and what constitutes substantial authority; and, the remedies available to taxpayers within the tax controversy framework such as protests, appeals, and litigation.

ACCY 553 Multi-jurisdictional Taxation

Analyzes the tax treatment, problems, planning techniques, and underlying governmental policies involving multi-jurisdictional tax issues. The course divides into two areas of taxation: 1) international taxation, and 2) state and local taxation, and incorporates concepts learned in all of the tax courses as they relate to cross border tax issues.


ACCY 593 Advanced Topics in Accounting for Income Taxes

Many tax issues have a basis in and are a reaction to activities arising in finance and financial accounting. This course gives the student a better theoretical foundation of these concepts in order to facilitate the understanding of the related tax concepts. Projects facilitate self-discovery of knowledge and development of a variety of professional skills and attitudes.

ACCY 553 Taxation of Closely-Held Business Entities

Analyzes the taxation and planning opportunities associated with all types of closely-held entities including S corporations, limited liability companies, sole-proprietorships, personal service corporations, and partnerships. The class will also address appropriate stakeholder planning.