Fall 2007 Course Descriptions

All courses below are approved to be taught in Fall 2007; however, some (or all) may not be offered this term.  The course numbers that are offered this term link to the Schedule of Classes.  Class with alternative delivery modes (Web based, cable TV, correspondence, etc) are noted in the Schedule at the section level.  The complete list below is a good indicator of what may be offered over the next few years (contact department about offerings).  For explanations of course elements see the Key to Course Descriptions.

Accounting (ACCT)  Department Info

ACCT 200 -- Introduction to Financial Accounting  (3 units)
Description:  Concepts involved in accounting for assets, liabilities, and owners' equity; financial statements.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  sophomore standing.
Special exam:  course may be taken by special exam for credit (not for grade).
Usually offered:  Fall, Spring.

ACCT 202 -- Introductory Accounting for Non-Profits  (3 units)
Description:  Introduction to accounting concepts and procedures with emphasis on governmental and other not-for-profit entities.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Usually offered:  Fall, Spring.

ACCT 210 -- Introduction to Managerial Accounting  (3 units)
Description:  Concepts involved in uses of accounting data in the managerial process.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 200, sophomore standing.
Special exam:  course may be taken by special exam for credit (not for grade).
Usually offered:  Fall, Spring.

ACCT 299 -- Independent Study  (1-3 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work.
Grading:  Alternative grades are awarded for this course: S P C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 299H -- Honors Independent Study  (1-3 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall.

ACCT 310 -- Cost and Managerial Accounting  (3 units)
Description:  Concepts and analytical procedures necessary in the generation of accounting data for management planning control.
Grading:  Regular grades are awarded for this course: A B C D E. Available to qualified students for Pass/Fail Option.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  advanced standing in the Eller College of Management.
Usually offered:  Fall, Spring.

ACCT 399 -- Independent Study  (1-3 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work.
Grading:  Alternative grades are awarded for this course: S P C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring.

ACCT 400A -- Intermediate Financial Accounting  (3 units)
Description:  Theory and methodology involved in contemporary accounting for assets, liabilities, stockholders' equity, net income and funds, analysis and interpretation of financial statements.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 210. Open to majors only. Credit allowed for this course or ACCT 500A, but not both.
May be convened with:  ACCT 500A.
Usually offered:  Fall, Spring.

ACCT 400B -- Intermediate Financial Accounting  (3 units)
Description:  Theory and methodology involved in contemporary accounting for assets, liabilities, stockholders' equity, net income and funds, analysis and interpretation of financial statements.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 400A with a grade of C or better. Open to majors only. Credit allowed for this course or ACCT 500A-500B but not for both.
May be convened with:  ACCT 500B.
Usually offered:  Fall, Spring.

ACCT 400C -- Intermediate Financial Accounting  (3 units)
Description:  A one-semester course addressing selected topics from the theory and methodology of contemporary accounting for assets, liabilities, stockholders' equity, net income, cash flows, and analysis of financial statements from a user perspective. Not available to students who have completed or are enrolled in ACCT 400A or ACCT 400B. Student with a prior failed attempt may only retake (GRO) the course once.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  Grade of C or better in ACCT200. ACCT 210. For non-accounting majors only.
Usually offered:  Fall, Spring.

ACCT 410 -- Principles of Profit Planning and Control  (3 units)
Description:  Examination of the value of managerial accounting in organizational decision-making and control, addressing specific managerial accounting problems and their solutions.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 310; advanced standing in the Eller College of Management. Credit allowed for only one of these courses: ACCT 410, ACCT 510.
May be convened with:  ACCT 510.
Usually offered:  Spring.

ACCT 420 -- Introduction to Federal Taxation  (3 units)
Description:  Principles of federal income taxation, with emphasis on how individuals are taxed; additional topics.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 210, advanced standing in the Eller College of Management. Credit allowed for only one of these courses: ACCT 420, ACCT 520.
May be convened with:  ACCT 520.
Usually offered:  Fall, Spring.

ACCT 430 -- Information Quality and Assurance - A Management Perspective  (3 units)
Description:  Emphasis is on information quality, in regards to assurance services and internal control systems. Strategic orientation intended for future managers, bankers, analysts, investors, consultants, and practicing CPAs.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 461.
Usually offered:  Fall, Spring.

ACCT 451 -- Analysis of Financial Statements  (3 units)
Description:  Structured analysis of financial statements; forecasting of income and cash flows; pro-forma financial statements; firm valuation using discounted cash flows and discounted residual income methods; comparative valuation analysis; credit analysis.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 461; advanced standing inthe Eller College of Management. Credit allowed for only one of these courses: ACCT 451, ACCT 551.
May be convened with:  ACCT 551.
Usually offered:  Spring.

ACCT 461 -- Accounting Information Systems  (3 units)
Description:  The analysis, design and implementation of information systems with special emphasis on accounting applications.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 400B, advanced standing in the Eller College of Management. (May take ACCT 461 at the same time as ACCT 400B, but not prior to ACCT 400B.)
Usually offered:  Fall, Spring.

ACCT 472A -- Accounting for Not-For-Profit Entities  (3 units)
Description:  Accounting concepts and procedures for governmental and other not-for-profit entities, including financial analysis and reconciliation to for-profit accounting principles.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Prerequisite(s):  ACCT 400A, ACCT 400B.
May be convened with:  ACCT 572A.
Usually offered:  Fall.

ACCT 493 -- Accounting Internship  (1-12 units)
Description:  Specialized work on an individual basis, consisting of training and practice in actual service in a technical, business, or governmental establishment.
Grading:  Alternative grades are awarded for this course: S P C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  for credit 2 times (maximum 3 enrollments).
Usually offered:  Fall, Spring, Summer.

ACCT 493L -- Legislative Internship  (1-12 units)
Description:  Working experience at the Arizona State Legislature; responsibilities draw upon student's area of major expertise and include preparing written and oral reports, summarizing legislative proposals, and providing information to legislators and legislative committees.
Grading:  Alternative grades are awarded for this course: S P C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Spring.

ACCT 498 -- Senior Capstone  (1-3 units)
Description:  A culminating experience for majors involving a substantive project that demonstrates a synthesis of learning accumulated in the major, including broadly comprehensive knowledge of the discipline and its methodologies. Senior standing required.
Grading:  Regular or alternative grades can be awarded for this course: A B C D E or S P C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
Usually offered:  Fall, Spring.

ACCT 498H -- Honors Thesis  (3 units)
Description:  An honors thesis is required of all the students graduating with honors. Students ordinarily sign up for this course as a two-semester sequence. The first semester the student performs research under the supervision of a faculty member; the second semester the student writes an honors thesis.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  for a total of 9 units of credit.
Usually offered:  Fall, Spring.

ACCT 499 -- Independent Study  (1-5 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work.
Grading:  Alternative grades are awarded for this course: S P C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 499H -- Honors Independent Study  (3 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work.
Grading:  Regular grades are awarded for this course: A B C D E.
Special course fee required:  Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall.

ACCT 500A -- Intermediate Financial Accounting  (3 units)
Description:  Theory and methodology involved in contemporary accounting for assets, liabilities, stockholders' equity, net income and funds, analysis and interpretation of financial statements. Graduate-level requirements include a special project.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  6 credit hours of introductory accounting. ACCT 500A is prerequisite to ACCT 500B.
May be convened with:  ACCT 400A.
Usually offered:  Fall, Spring.

ACCT 500B -- Intermediate Financial Accounting  (3 units)
Description:  Theory and methodology involved in contemporary accounting for assets, liabilities, stockholders' equity, net income and funds, analysis and interpretation of financial statements. Graduate-level requirements include a special project.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 500A is prerequisite to ACCT 500B.
May be convened with:  ACCT 400B.
Usually offered:  Fall, Spring.

ACCT 501 -- Advanced Accounting  (3 units)
Description:  Theory and methodology involved in the preparation of consolidated financial statements; accounting for mergers and acquisitions; translation of foreign currency financial statements; accounting for derivatives and hedging; accounting for partnerships; governmental accounting. Graduate-level requirements include a special project.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 500B.
Usually offered:  Fall, Spring.

ACCT 510 -- Principles of Profit Planning and Control  (3 units)
Description:  Examination of the value of managerial accounting in organizational decision-making and control, addressing specific managerial accounting problems and their solutions. Graduate-level requirements include a special project.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 550; 6 credit hours of introductory accounting.
May be convened with:  ACCT 410.
Usually offered:  Spring.

ACCT 520 -- Introduction to Federal Taxation  (3 units)
Description:  Principles of federal income taxation, with emphasis on how individuals are taxed; additional topics. Graduate-level requirements include a special project and readings concerning current events and U.S. tax policy.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 545 or 6 credit hours of introductory accounting. Credit allowed for only one of these courses: ACCT 420, ACCT 520.
May be convened with:  ACCT 420.
Usually offered:  Fall, Spring.

ACCT 522 -- Advanced Federal Taxation  (3 units)
Description:  Introduction to advanced topics: taxation of corporations and stockholders' transactions in stocks, taxation of partnerships and fiduciaries, gift and estate taxation.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 520.
Usually offered:  Fall, Spring.

ACCT 525 -- Accounting Theory and Institutions  (3 units)
Description:  Theoretical analysis of the role of accounting and taxation in society. Examines existing accounting and taxing institutions involved in policy making and standard setting. International issues are included.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 500B.
Usually offered:  Fall, Spring.

ACCT 528 -- Taxation of Partnerships  (3 units)
Description:  Concepts and principles of partnership income taxation and the uses of partnerships for tax planning.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 420 or ACCT 520.
Usually offered:  Fall.

ACCT 529 -- International Accounting and Taxation  (3 units)
Description:  Accounting and taxation viewed from an international perspective, including comparison of various national standards, laws, and business practices. Also includes examination of standards issued by worldwide accounting organizations.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 522 or consent of instructor.
Usually offered:  Spring.

ACCT 531 -- Principles of Auditing  (3 units)
Description:  The opinion formulation process of the professional auditor, the auditor's reports, professional standards, internal and operational auditing.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 500B.
Usually offered:  Fall, Spring.

ACCT 540 -- Introduction to Financial Accounting  (2 units)
Description:  Preparation and analysis of financial statements. Emphasis is placed on the interpretation of data in the financial statements of real companies.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  MBA students only.
Usually offered:  Fall.

ACCT 545 -- Introduction to Managerial Accounting  (2 units)
Description:  Concepts and analytic procedures necessary for the generation and use of accounting data in management planning and control.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 540, MBA students only.
Usually offered:  Spring.

ACCT 550 -- Financial Accounting  (3 units)
Description:  Principles and procedures underlying basic financial accounting processes and their application in the preparation and analysis of financial statements.
Grading:  Regular grades are awarded for this course: A B C D E.
Usually offered:  Fall, Spring.

ACCT 551 -- Analysis of Financial Statements  (3 units)
Description:  Structured analysis of financial statements; forecasting of income and cash flows; pro-forma financial statements; firm valuation using discounted cash flows and discounted residual income methods; comparative valuation analysis; credit analysis. Graduate-level requirements include a special project.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 500B.
May be convened with:  ACCT 451.
Usually offered:  Spring.

ACCT 552 -- Taxes and Business Strategy  (3 units)
Description:  This course gives students the tools to identify and evaluate tax planning opportunities, focusing on the effect of taxes on business decisions, including mergers and acquisitions, multinational tax planning, electronic commerce, investments, compensation strategies, and the choice of organizational form.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 420 or ACCT 520.
Usually offered:  Fall.

ACCT 553 -- Tax Research  (3 units)
Description:  Review of how tax law is created, the motivating forces behind the creation of these laws, and the relative significance of various authoritative tax sources that exist in addition to the law. Includes research of current tax issues and the implications to business operations as a result of these issues.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 520.
Usually offered:  Spring.

ACCT 554 -- Accounting Analysis of Financial Statements  (3 units)
Description:  Accounting disclosures are analyzed in the context of investing and credit decisions. Course includes analysis of cases and empirical research in financial statement analysis. This course is especially relevant for those preparing to take the CFA Level I and II examinations or preparing for careers in investment management, banking, or finance.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  Completion of an Introductory Financial Accounting course. Graduate students only.
Usually offered:  Fall.

ACCT 556 -- Current Issues in Taxation  (3 units)
Description:  The purpose of this class is to provide the student with a basic knowledge of selected current topics in taxation. The focus of this class will be on executive compensation and other tax issues not covered in other parts of the MAcc Program.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 420, ACCT 520.
May be repeated:  for credit 1 time (maximum 2 enrollments).
Usually offered:  Fall.

ACCT 569 -- Managerial Accounting  (3 units)
Description:  Concepts and analytic procedures necessary for the generation and use of accounting data in management planning and control.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 550, MBA candidates only.
Usually offered:  Fall, Spring.

ACCT 572A -- Accounting for Not-For-Profit Entities  (3 units)
Description:  Accounting concepts and procedures for governmental and other not-for-profit entities, including financial analysis and reconciliation to for-profit accounting principles. Graduate-level requirements include leading presentations, participation in online platform, and contributing supplementary articles on current issues for class discussion.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 500B.
May be convened with:  ACCT 472A.
Usually offered:  Fall.

ACCT 593 -- Internship  (1-3 units)
Description:  Specialized work on an individual basis, consisting of training and practice in actual service in a technical, business, or governmental establishment.
Grading:  Alternative grades are awarded for this course: S P C D E.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 599 -- Independent Study  (1-3 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work. Graduate students doing independent work which cannot be classified as actual research will register for credit under course number 599, 699, or 799.
Grading:  Alternative grades are awarded for this course: S P C D E.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 682 -- Advanced Financial Accounting Theory  (3 units)
Description:  Issues in accounting theory with emphasis on the selection of accounting techniques.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  ACCT 500B.
Usually offered:  Fall.

ACCT 696A -- Auditing  (1-3 units)
Description:  The development and exchange of scholarly information, usually in a small group setting. The scope of work shall consist of research by course registrants, with the exchange of the results of such research through discussion, reports, and/or papers.
Grading:  Regular or alternative grades can be awarded for this course: A B C D E or S P C D E.
Usually offered:  Fall, Spring.

ACCT 696B -- Managerial Accounting  (1-3 units)
Description:  The development and exchange of scholarly information, usually in a small group setting. The scope of work shall consist of research by course registrants, with the exchange of the results of such research through discussion, reports, and/or papers.
Grading:  Regular or alternative grades can be awarded for this course: A B C D E or S P C D E.
Usually offered:  Fall, Spring.

ACCT 696C -- Taxation  (1-3 units)
Description:  The development and exchange of scholarly information, usually in a small group setting. The scope of work shall consist of research by course registrants, with the exchange of the results of such research through discussion, reports, and/or papers.
Grading:  Regular or alternative grades can be awarded for this course: A B C D E or S P C D E.
Identical to:  FIN 696C.
Usually offered:  Fall, Spring.

ACCT 696D -- Accounting Theory  (1-3 units)
Description:  The development and exchange of scholarly information, usually in a small group setting. The scope of work shall consist of research by course registrants, with the exchange of the results of such research through discussion, reports, and/or papers.
Grading:  Regular or alternative grades can be awarded for this course: A B C D E or S P C D E.
Identical to:  FIN 696D.
Usually offered:  Fall, Spring.

ACCT 696E -- Behavioral Research in Accounting  (3 units)
Description:  This seminar provides a survey of behavioral accounting research, with a special emphasis on current trends and promising avenues for future studies.
Grading:  Regular or alternative grades can be awarded for this course: A B C D E or S P C D E.
Usually offered:  Spring.

ACCT 699 -- Independent Study  (1-5 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work. Graduate students doing independent work which cannot be classified as actual research will register for credit under course number 599, 699, or 799.
Grading:  Alternative grades are awarded for this course: S P C D E.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 797A -- Research Design  (1-3 units)
Description:  The practical application of theoretical learning within a group setting and involving an exchange of ideas and practical methods, skills, and principles.
Grading:  Regular grades are awarded for this course: A B C D E.
Prerequisite(s):  open only to Ph.D. students in accounting.
May be repeated:  for a total of 6 units of credit.
Usually offered:  Fall, Spring.

ACCT 799 -- Independent Study  (1-3 units)
Description:  Qualified students working on an individual basis with professors who have agreed to supervise such work. Graduate students doing independent work which cannot be classified as actual research will register for credit under course number 599, 699, or 799.
Grading:  Alternative grades are awarded for this course: S P C D E.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 900 -- Research  (1-3 units)
Description:  Individual research, not related to thesis or dissertation preparation, by graduate students.
Grading:  Alternative grades are awarded for this course: S P C D E K.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 920 -- Dissertation  (1-9 units)
Description:  Research for the doctoral dissertation (whether library research, laboratory or field observation or research, artistic creation, or dissertation writing).
Grading:  Alternative grades are awarded for this course: S P E K.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.

ACCT 930 -- Supplementary Registration  (1-9 units)
Description:  For students who have completed all course requirements for their advanced degree programs. May be used concurrently with other enrollments to bring to total number of units to the required minimum.
Grading:  a Grade of K is awarded for this course except for the final term.
May be repeated:  an unlimited number of times, consult your department for details and possible restrictions.
Usually offered:  Fall, Spring, Summer.