THE UNIVERSITY OF ALABAMA GRADUATE CATALOG
Table of Contents > Manderson Graduate School of Business

7.6.1 CULVERHOUSE SCHOOL OF ACCOUNTANCY (AC)

Director: Professor Richard Houston, Office: 314 Alston Hall

  

The courses below are offered by the Manderson Graduate School of Business. Courses offered by other divisions of the University that business students are either required to take or permitted to elect are listed under the appropriate department in this catalog or in the undergraduate catalog. Prerequisites for any course may be waived if the student has equivalent knowledge or if the student passes an examination on the required prerequisites.

 

AC 501 Basic Accounting for Managerial and Financial Control. Three hours.
Prerequisite: Admission to the EMBA program.
Study of the fundamentals of financial accounting. Attention is given to the interpretation and uses of information contained in financial statements.

AC 502 Accounting for Management Decisions. Three hours.
Prerequisites: AC 501 and admission to the EMBA program.
Study of the fundamentals of managerial accounting. Attention is given to the use of accounting by business managers.

AC 506 Concepts of Financial and Managerial Accounting. Three hours.
Prerequisite: Admission to the MBA program.
Basic accounting concepts and procedures with an emphasis on the use of accounting information by business managers.

AC 510 Principles of Systems Development. Three hours.
Prerequisites: AC 389 and admission into the MMA program.
Systems analysis and design methods across the development cycle: planning, analysis, design, creation, implementation, operation and maintenance. Particular attention is given to roles of accountant/auditor.

AC 512 Advanced Financial Reporting and Analysis. Three hours.
Prerequisite: AC 311 or equivalent.
Advanced topics in financial accounting and reporting considered from a practical and theoretical perspective.

AC 516 Risk Analysis and Control. Three hours.
Prerequisite: AC 506 or equivalent.
Identification of the risk profile of a business, including operational, financial, technological, and behavioral risks. Development and implementation of risk management policies and procedures used to detect and prevent business risk problems.

AC 522 Contemporary Accounting Issues. Three hours. May be repeated for up to six hours credit.
Prerequisite: Permission of the instructor.
Examination of topics of current relevance to accounting theory and practice.

AC 523 Business Valuation and Performance Measurement. Three hours.
Prerequisite: AC 506 or equivalent.
The analysis of accounting information for purposes of valuing businesses for investment, credit, and related decisions.

AC 532 Advanced Governance, Risk Assessment, and Assurance. Three hours.
Prerequisite: AC 432 or AC 516 or equivalent.
Advanced study of standards, concepts, procedures, and professional ethics underlying governance and the provision of assurance services.

 

AC 534 Fraud and Ethics Risk Management. Three hours.
Prerequisite: AC 432 or AC 516 or equivalent.
Advanced study of the forensic accounting profession, fraud prevention, detection, and investigation, and the character needed to manage ethical challenges.

AC 541 International Accounting. Three hours.
Prerequisite: AC 311 or equivalent.
Accounting and financial reporting issues associated with global business operations.

AC 554 Professional Certification. Three hours.
Examination of accounting standards and procedures required for professional accounting certification.

AC 556 Governmental and Nonprofit Accounting. Three hours.
Prerequisite: AC 310 or equivalent.
Special features of budgetary and fund accounting as applied to municipalities, other governmental units, and institutions such as schools and hospitals.

AC 561 Accounting for Business Management. Three hours.
Concepts and procedures employed in developing and using accounting information for management decisions.

AC 571 Taxation of Business Organizations. Three hours.
Prerequisite: AC 471 or permission of the instructor.
A study of advanced tax topics with an emphasis on problem analysis, research, and preparation of proposed solutions.

AC 572/Law 647 Estate and Gift Taxation. One to three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
Introduction to principles and practices associated with the taxation of estates and gifts.

AC 573 Individual Tax Planning. Three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
A study of tax planning for individual taxpayers, including the interplay of income, estate, and gift taxes; and the taxation of partnerships, estates, and trusts.

AC 574 Special Topics in Taxation. Three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
A study of special tax topics, including taxation of natural resources and international taxation.


AC 575 Taxation of Corporations and Shareholders. Three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
A study of federal income tax problems of corporations and the relationships of these problems to the tax problems of the corporate shareholder.

AC 576 Advanced Corporate Taxation. Three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
A study of the tax accounting problems relating to corporate organizations, commonly controlled corporations, and consolidated tax returns.

AC 577 Law 641 Tax Practice and Procedure. One to three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
A study of organization, policies, and procedures of federal and state taxing authorities, including consideration of problems of organizations generally exempt from tax.

AC 578 Partnership Taxation. Three hours.
Prerequisite: Admission to MTA program or permission of the instructor. Designed to explore, in depth, the taxation of the formation, operation, and disposition of partnerships and LLCs. In addition, a brief review of the taxation of S corporations is presented.

AC 581/Law 761 International Taxation. One to three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
Introduction to the principles and practices associated with the taxation of international businesses.

AC 582/Law 650 State and Local Taxation. One to three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
Introduction to state and local taxation of businesses.

AC 583/Law 732 Employee Benefits. One to three hours.
Prerequisite: Admission to MTA program or permission of the instructor.
Introduction to employee benefits particularly retirement and health benefits.

AC 589 Accounting Information Systems. Three hours.
Prerequisite: AC 389 or its equivalent and admission to the MMA program.
Examination of information systems development and control issues from the perspective of ensuring relevance, reliability, and security of business systems and information.

AC 591 Independent Study in Accounting. Three hours.


AC 592 Accounting Internship. Three hours.

AC 593 Research and Communication in Taxation. Three hours.
Prerequisite: Admission to the MTA program or permission of the instructor.
A study of tax research procedures, documentation of research, and presentation of research findings.
 
AC 595 Accounting Research and Communication. Three hours.
Individual study of specific accounting topics and written and oral communication of the results of the study.

AC 597 Special Topics in Accounting. Variable credit.


AC 610 Introduction to Accounting Research Methods. Three hours.
Prerequisite: PhD student.
Study of the production of accounting research, with specific focus on the scientific method. Intensive focus on problem identification and communication, and theory and hypothesis development.

AC 620 Advanced Accounting Research Methods. Three hours.
Prerequisite: PhD student.
Study of advanced research methods with intensive focus on design and method development, data analysis, and interpretation of results.

AC 630 Archival Accounting Research. Three hours.
Prerequisite: PhD student. Study of the archival accounting research literature.

AC 640 Experimental Accounting Research. Three hours.
Prerequisite: PhD student.
Study of the experimental accounting research literature.

AC 650 Directed Research. Three hours.
Prerequisite: PhD student.
Examination of the literature and methodology associated with a specific research topic. Directed focus on development of second-year paper.

AC 691 Research Practicum I. Three hours.
Prerequisite: PhD student.
Development of a first year project under the supervision of a faculty member. Resulting papers are presented at a departmental research workshop.

AC 692 Research Practicum II. Three hours.
Prerequisite: PhD student.
Development of a second-year research project under the supervision of a faculty member. Resulting papers are presented at a departmental research workshop.

AC 698 Research Colloquium Series. One hour.
Prerequisite: PhD student.
Participation in a research colloquium series involving scholars from top academic institutions.

AC 699 Dissertation Research in Accounting. Variable credit (three to nine hours).
 


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