Financial accounting principles underlying accounting statements as they apply to financial statements of business firms, accounting system and records, income measurement and asset valuation. Emphasis on interpretation and uses of financial statements.
Introduces the basics principles, concepts and toots Topics of financial accounting and corporate finance. Topics covered include income statement and statement of financial position, purposes and limitations; statement of cash flows; analysis of financial statement; the introduction to corporate finance, introduction to financial market and institutions, time value of money, interest rates, and risk and return. covers ethics in accounting and financial management.
This course focuses on the following issues: Similarities and differences in principles and procedures relating to the functional accounting areas of financial, cost, managerial, and auditing among different regions and countries of the world, consolidation of foreign subsidiaries, performance evaluation of foreign operations, analysis of foreign exchange transactions of financial statements of foreign operations, inflationary accounting in an international setting, Accounting and Taxation for multinational corporations, Ethics and Reporting Standards of the auditor in an international setting, and globalization of accounting standards and principles. Prerequisites: ACCT 302, ACCT 304, ACCT 403 or equivalent at the Undergraduate level
Provides a comprehensive study of the process of reporting and analysis of financial information for decision makers; conceptual and theoretical issues faced by the preparers; users; and the profession; analyze financial statements and relevant disclosures; Tackle ethical issues that accountants might face in the workplace.
An introduction to the basics principles, assumptions, concepts and tools of financial accounting and corporate finance; the accounting cycle; the structure and contents of the financial statements; pro forma financial statements; time value of money with applications in capital budgeting; financial statement analysis; global, environmental and ethical dimensions of financial reporting and financial management.
Gives an overview of the objectives and framework of financial reporting for prospective corporate consumers of financial information, such as managers, stockholders, investors, creditors and financial analyst. Emphasis will be on analysis and interpretation of corporate financial reports and publically available financial information for risk assessment, forecasting and decision-making. The course will emphasize cross boarder financial reporting and Analysis(eg IFRS and role of IASB) in global capital market. Ethical dimensions of corporate financial reporting will be considered. Topics include income measurement, receivables, inventory, long-lived assets investment, liabilities , equity and affiliates off- balance sheet items and cash flow analysis
Pre-Requisites: ACCT508*
Co-Requisites: ACCT 508
Provides the accounting concepts and techniques related to planning and cost control. It also provide the framework to assess the behavioral dimensions of control systems. Topics include development and uses of accounting data for management decision-making; cost concepts, behavior, and systems; activity-based costing and activity-based management; budgeting, planning and control; pricing decisions, strategy and balanced scorecards, performance measurement and compensation schemes, ethics and management accounting practices.
Emphasizes the methods and techniques available to measure and evaluate costs for decision-making, planning and control, and strategic-based performance management. Facilitates to understand major contemporary issues in cost accounting and operational control systems in modern firms. Reviews a number of cost management issues relating to the design and implementation of strategic, operational, marketing, value analysis, and other management models in modern firms; and identifies major contemporary issues in managerial accounting and financial decision-making.
Pre-Requisites: ACCT510
This course focuses on fund theory, governmental accounting standards, budgeting and program evaluation. It also includes, advanced study in efficiency and effectiveness measures as prescribed by auditing standards and techniques in governmental organizations. It includes also, comprehensive accounting control techniques for non-profit entities. Prerequisite: ACCT 305 or equivalent
An in-depth study of general ledger (G/L) software packages with emphasis on interfaces with related subsidiary ledgers; evaluation of built-in control features and audit trail of G/L software packages; in-depth study of software packages for planning and control. Special emphasis in internal control systems of computerized accounting systems. Prerequisite: ACCT 300 or equivalent
This course focuses on contemporary issues of accounting theory and practice as reflected in the accounting literature and professional accounting pronouncements. Also, it investigates thoroughly alternative models of income determination and balance sheet valuation and measurement. The course will be conducted through discussion of issues, presentations of research papers, research forum, and guest lecturers. Prerequisites: ACCT 403, ACCT 405 or equivalent
This course is concerned with the theory and philosophy of auditing, and professional practice. Study of advanced topics in the discipline of auditing such as the development of auditing theory, generally accepted auditing standards, professional responsibility and legal ability of the auditor, cases in audit decision making, EDP auditing, internal control, and analysis of emerging issues and contemporary problems in auditing. Consideration is given to non-audit services provided by the auditor and their impact of the quality of the audit service. The course will be conducted through discussion of issues, presentations of research papers, research forum, and guest lecturers. Prerequisites: ACCT 403, ACCT 404 or equivalent
This course is concerned with rigorous case studies in different areas of accounting in manufacturing and service organizations. Heavy emphasis on cases covering new areas in accounting such as measuring quality costs product casting, flexible manufacturing systems, capital budgeting under automation, product profitability analysis, and performance measurement in high technology companies. Cases in accounting policies, financial disclosure and reporting.
Pre-Requisites: ACCT512 And ACCT515 And ACCT517
This course is concerned with goals of Accounting Ethics Education for the development of a sense of professionalism and enhancing students? abilities to deal with ethical issues in accounting in order to maintain the public trust and confidence in the Accounting profession. Emphasis on the following topics: Legal Environment of Business, Ethical Issues in Business, Ethical Theories, Ethical Standards and Codes adopted by professional organizations, financial fraud and illegal acts, Ethics on tax practice, computer ethics, competition in public accounting profession, moral and ethical issues related to accounting fields, and ethical problems in the multinational sector. Cases in Accounting Ethics and professionalism are used in teaching this course. Prerequisite: ACCT 517
Pre-Requisites: ACCT517
This course focuses attention on the role and importance of modern internal auditing techniques used in the changing manufacturing and service environments such as statistical and computer sampling techniques, analytical reviews, flow-charting, standardization. Furthermore, it provides an in-depth exposure in developing, conducting, and reporting EDP procedures and reports. Such programs include financial and operational areas, pre-contract reviews, post-contract audits, special investigations, EDP audits. It also deals with the theory and techniques for measuring operational efficiency and effectiveness; informing management of operating problems and possible courses of action. Prerequisite: ACCT 517
Pre-Requisites: ACCT517
An advanced study of accounting systems analysis and design methodologies, techniques, and processes with specific reference to accounting systems development life cycle; emphasis on identification of user information needs and logical system design. Special emphasis on vendors selection, system implementation, and post implementation audits. Prerequisite: ACCT 515
Pre-Requisites: ACCT515
Research technique methodologies and their application in the field of accounting for manufacturing and service organizations. Emphasis on application of research techniques on local accounting issues and problems. Prerequisites: ACCT 516, departmental approval
Pre-Requisites: ACCT516
Introduces to the internal audit profession. Topics include concepts and principles of internal auditing, professional standards, internal auditing process; risk, governance, and control issues; conducting internal audit engagements, audit reporting, and impact of information technology; fraud audit, emerging issues in internal auditing, ethics and internal audit practices; administration of internal audit department.
Pre-Requisites: ACCT508 And ACCT510
Operational Audit methodology, tools and techniques, functional audits, EDP audit, employees and management fraud investigation, control and assessment of management controls, government and not-for-profit audits. A practice-oriented research paper is required. Prerequisite: ACCT 526
Pre-Requisites: ACCT526
Independent readings and study of selected topics in contemporary Accounting issues in manufacturing and service organizations. Emphasis on the accounting issues which deal with the changes in technology and organization of production processes, globalization of accounting standards and practice. Subject matter to be arranged. Prerequisites: ACCT 512; ACCT 516, departmental approval
Pre-Requisites: ACCT512 And ACCT516
Examines the principles and practices of external auditing. Topics include role of the auditor, organization of the audit profession, and the audit environment; generally accepted auditing standards, assurance services, auditor's independence, professional ethics, fraud auditing, forensic accounting techniques, auditor's responsibilities, and legal liability; illustration of audit applications based on discussion of the theory of auditing combined with practical examples of auditing techniques and assurance procedures; discussion and analysis in light of auditor's reporting standards, audit process and case studies and readings.
Pre-Requisites: ACCT508
Examines the accounting concepts and techniques for multinational operations and transactions. Topics covered include, International accounting standards and organizations, transnational financial reporting and disclosure problems, accounting information systems and control, financial planning, accounting for foreign currency translation and inflation, cross-border taxation and transfer pricing, consolidated financial statements, comparative international auditing and corporate governance, and international corporate social reporting.
Pre-Requisites: ACCT508
Gives an overview of the rules, and objectives of taxation zakat regulations. Participants become familiar with the business income tax and zakat rates. Determination of taxable income and tax liability of corporations and their implications on various corporate decisions such as capital structure, distribution, business formation, cash repatriation, etc. Computing, assessing, and analyzing income tax and zakat base for business entities. Major emphasis will be on local tax and zakat laws.
Pre-Requisites: ACCT508
This course will provide an overview of the corporate external financial reporting system to enable you to understand financial accounting and reporting from the perspective of the user and manager. The course covers the rules and guidelines that govern the preparation of financial statements and the concepts of asset, equity, liability, revenue, expense, and the accounting cycles that lead to the financial statements. It will also cover the effect of management decisions on the financial statements.
This course primarily deals with the understanding, generating and analysis of data used in planning, decision making and control of operations. It also examines how accounting as well as non-accounting information is used by management in decision-making. Both the theoretical and practical aspects of the subject are appropriately blended to enable the students to understand how this knowledge is used in contemporary organizations.
A research proposal must be submitted in writing by the student and approved by the supervising faculty member and the MBA Chairman prior to registration. The student is required to conduct a research study in the area of accounting that is business related and adheres to all elements of sound business research. The study methods and findings must be presented orally and in writing in a manner that is consistent with acceptable standards of research communication. Prerequisites: ACCT 510, MKT 512
Each student who successfully complete all required accounting course work must take a written comprehensive examination in Accounting. Intended to assess a student?s ability to demonstrate his accounting knowledge in an integrative fashion. This exam is administered by the Department of Accounting and Management Information Systems. If a student fails to pass the exam, he will be given another chance to retake it one semester later. Failure to pass this exam for the second time will lead to discontinuation of the student from the program.
Pre-Requisites: ACCT512 And ACCT515 And ACCT516 And ACCT517 And ACCT518 And ACCT528