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Courses - Fall 2024
BUAC
Accounting and Information Assurance Department Site
Open Seats as of
07/17/2024 at 10:30 PM
All BUAC courses are for MS in Accounting students unless otherwise noted.
BUAC707
(Perm Req)
Financial Statement Analysis for Accountants and Auditors
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H. Smith School of Business.
Credit only granted for: BUAC780 or BUAC707.
Formerly: BUAC780.
Provides students with the tools to conduct a financial statement analysis, which is part of an overall business analysis. This involves understanding and using the information that financial statements are communicating to users.
BUAC710
(Perm Req)
Advanced Managerial Accounting and Control Systems
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H. Smith School of Business.
Credit only granted for: BUAC782 or BUAC710.
Formerly: BUAC782.
Focuses on topics that emphasize the role of managerial accounting in a firm's overall management planning and control structure. A key concern is to show how effective organizations ensure that the parts of the organization work together to create the whole, and how the sum of the parts, through synergy, can indeed be greater then the whole.
BUAC712
(Perm Req)
Business Communications for Accountants and Auditors
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H. Smith School of Business.
Credit only granted for: BUAC784 or BUAC712.
Formerly: BUAC784.
Focuses on the art of communication and its effects on people, organizations, and other stakeholders. The course will focus on two aspects of business communications: persuasion and effective presentations. The objective for the persuasion sessions is to have students improve upon their day-to-day oral business communications skills. This will be accomplished as participants learn to tailor each communication to the person or people with whom they are speaking.
BUAC716
(Perm Req)
Auditing Automation and Analytics
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H Smith.
Auditing theory and the functions of the independent auditor in the financial market. As part of the class, the students will cover issues related to auditing large databases and audit analytics of large database. Moreover, the students will study audit automation and the use of artificial intelligence (AI) and Robotic process in the auditing market.
BUAC721
(Perm Req)
Business Law for Managers
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H. Smith School of Business.
Credit only granted for: BUSI764 or BUAC721.
Survey of United States legal institutions and processes as well as substantive areas of the law that affect business. Examination of tort and contract law, the legal forms of business organization and legal liability and major regulatory laws that affect business.
BUAC722
(Perm Req)
Applied Research for Accounting and Auditing
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H Smith.
Designed to give accounting masters students exposure to and appreciation of the various types of research that are undertaken by accounting and auditing professionals, including CPAs, financial analysts and academics. Accounting research will be studied as it relates to financial accounting standards, auditing standards, gaining understanding of a business and industry, and to a very limited extent tax and academic research. Students will gain experience working with professional accounting research databases as well as other databases that are useful for accounting research. Auditors and corporate preparers of financial statements need to know how to determine current GAAP and GAAS as they confront new issues and as standards evolve and change. Professionals need to understand how the standards are derived and how to analyze policy alternatives. Additionally, students will also explore the process of researching a business or industry in preparation for an audit.
BUAC731
(Perm Req)
Intermediate Accounting I
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H. Smith School of Business.
Credit only granted for: BUAC758L or BUAC731.
Formerly: BUAC758L.
The first part of a three-series set of courses on intermediate accounting; presents an in-depth analysis of financial accounting and reporting theory and practice that will enhance student understanding of financial information used in making effective management decisions. For each topic included in the series, this course presents a review of the underlying business transactions that require accounting along with a review the technical details of U.S. Generally Accepted Accounting Principles (GAAP) and applicable International Financial Reporting Standards (IFRS). The course covers the informational needs of managers, securities analysts, investors and creditors, applicable to a variety of business transactions and events. The course includes materials helpful to students planning to take the CPA Examination. Intermediate Accounting I focuses on financial accounting standards, the conceptual framework of accounting, the accounting information system, the balance sheet, income statement, statement of cash flows, time value of money concepts and revenue recognition.
BUAC740
(Perm Req)
Data Driven Decision Making
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H Smith.
Proficiency in the art of analyzing data to support decision-making is critical for business professionals. In this course, we will explore basic analytical principles that can assist a manager to extract information from raw data and model complex decision problems with quantitative methods. A good outcome does not necessary imply a good decision, a good outcome can be a matter of luck. A good decision is founded on sound reasoning and considers all the information available at the time of the decision.
BUAC746
(Perm Req)
Systems for Data Analysis
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H Smith School of Business.
Credit only granted for: BUAC758S or BUAC746.
Formerly: BUAC758S.
Since the data grows exponentially and becomes complex, we need computational methods to collect, store, and analyze them in order to be successful in business, management, science, engineering, and other professions. This course is an introductory data class that meets this need. Class teaches how to analyze and model data, how to define and manipulate database, how to write computer programs in Python language to solve real-world problems, and how to use Tableau to explain your results as a report in a more readable way. This will be useful in your career and your research in the future. This course introduces the conceptual and logical designs of relational database systems and their uses in business environments. Topics include information modeling, optimization via normalization, data definition and manipulation languages, client/server architectures, concurrency and recovery, and data warehousing.
BUAC758A
(Perm Req)
Special Topics in Accounting and Information Assurance; Accounting for Income Tax and Database Management
Credits: 2
Grad Meth: Reg
BUAC758Y
(Perm Req)
Special Topics in Accounting and Information Assurance; AI Literacy: Business Data and AI Applications
Credits: 2
Grad Meth: Reg
BUAC759
(Perm Req)
Independent Study in Accounting and Information Assurance
Credits: 1 - 6
Grad Meth: Reg
Contact department for information to register for this course.
BUAC762
(Perm Req)
Tax I: Taxation of Individuals & Forecasting Analytics
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H Smith School of Business.
Federal taxation of individuals focusing on income, exclusions, deductions, depreciation, credits and capital transactions including home ownership. Property coverage includes the tax consequences of sales and dispositions of personal use assets, investment and business assets. Both tax planning and compliance issues are also covered. In addition the course covers waged based and equity-based compensation, taxable and nontaxable benefits as well as deferred compensation and various retirement plans. In addition, students will learn how to utilize regression analysis and scenario analysis to provide additional insights about these tax topics and to forecast future effective tax rates.
BUAC764
(Perm Req)
Tax II: Taxation of Corporations & Other Entities
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H. Smith School of Business.
Credit only granted for: BUAC758V or BUAC764.
Formerly: BUAC758V.
Students have the opportunity to gain an understanding of the basic tax competencies required for determining the appropriate tax structure for businesses; issue identification; active listening; solving tax problems.
BUAC772
(Perm Req)
Database Management and State and Local Taxation
Credits: 2
Grad Meth: Reg
Restriction: Must be in Business and Management (Master's) program; or permission of BMGT-Robert H Smith School of Business.
Covers the tax implications of doing business in the United States across state lines, resulting in multiple taxation under the Commerce Clause of the United States Constitution. The course focuses on nexus or jurisdictional due process (which gives states the right to tax business profits), allocation and apportionment formulas of multi state income, business versus non-business income, privilege tax and discrimination. Also explored are the current tax developments under the Import-Export clause of the United States Constitution, taxation based on class legislation and the Equal Protection Clause, the multi-state tax compact, unitary concept, residence definitions, nonresident income sources, tax credits and short-period returns for individual income taxpayers, sales of tangible personal property, and retail and wholesale sales. The course examines valuation techniques for real and personal property. Students will learn the skills needed to understand and identify many aspects of the state income tax apportionment process. Focus will be placed on calculations and analyses required to present the state and local tax information in such a manner as to assist upper management in the business expansion decision-making process. The tax apportionment process requires a solid understanding of database management and we will utilize tools that are considered required knowledge in today's tax departments.