GSA-GRADUATE STUDIES-ACCOUNTING -- 2001-03 Catalog
Orfalea College of Business

GSA 535 Legal Aspects of Commercial Transactions (4)

Relation of the legal, regulatory, and ethical environment to commercial transactions. Examination of the law of competitive torts and unfair competition, property, sales, commercial paper, secured transactions, bankruptcy, securities regulation, and environmental regulation, with an emphasis on the Uniform Commercial Code. Case studies. 4 seminars. Prerequisite: GSB 575 or equivalent, or consent of instructor.

GSA 541 Advanced Financial Reporting Issues I (4)

Comprehensive coverage of selected advanced financial accounting and reporting topics. Topics include software costs, compensation plans, earnings per share, leases, pensions and post-retirement plans, income taxes, dollar value LIFO inventories. 4 seminars. Prerequisite: BUS 321 and BUS 322 or consent of instructor.

GSA 542 Auditing (4)

Survey of the ethical, regulatory and legal environment in which audits occur. An appreciation of how audit risk is assessed, how auditors evaluate clients' internal control structures, the role of evidence in an audit, and the audit reporting requirements. 4 seminars. Prerequisite: BUS 321, BUS 322, graduate standing.

GSA 543 Advanced Financial Reporting Issues II (4)

Comprehensive coverage of selected advanced financial accounting and reporting topics. Topics include restructuring charges, segments, foreign currency transactions and derivatives, interim accounting disclosures, and advanced consolidated statement topics. 4 seminars. Prerequisite: GSA 541.

GSA 544 Advanced Enterprise Wide Business Processes (4)

Study of various transactions in order to understand the underlying business processes and information flows between various business units, in order for a transaction to occur and be properly reported, and the information determined that is critical for the information system to capture. Emphasis of role of information systems in controlling the authorization of transactions, access to information, access to assets, preparation of accounting records and reports. 3 seminars, 1 activity. Prerequisite: BUS 429.

GSA 545 Applied Research and Communications (4)

Advanced use of authoritative accounting and auditing data bases and actual filings by public companies. Frequent writing and speaking exercises. Real world accounting and auditing issues facing public and private enterprises. In-depth coverage of federal and state regulation of securities transactions. Prerequisite: BUS 543.

GSA 546 Tax Research and Administrative Procedures (4)

Research techniques applicable to tax issues including the communication of research results. Administrative procedures necessary for tax compliance with the various tax jurisdictions with primary emphasis on IRS practices. 2 seminars, 2 activities. Prerequisite: BUS 320 or consent of instructor.

GSA 547 Corporate Taxation (4)

Income tax treatment of regular C corporations and their shareholders. The creation, operation, and liquidation of such organizations. 4 seminars. Prerequisite: GSA 546.

GSA 548 Advanced Individual Taxation and Tax Planning (4)

Advanced concepts concerning the impact of taxes on individuals. Introduction to transfer taxes imposed on individuals. Financial, estate and compensation tax planning issues. 4 seminars. Prerequisite: GSA 546 and GSA 547 or consent of instructor.

GSA 549 Taxation of Flow-Through Entities (4)

Income tax treatment of partnerships, limited liability companies, trusts and S corporations and their owners and beneficiaries. Creation, operation, liquidation and sale of such organizations. 4 seminars. Prerequisite: GSA 546.

GSA 550 Advanced Corporate Taxation (4)

Advanced and special topics related to the income tax treatment of regular corporations and their shareholders. Mergers and acquisitions, tax accounting methods and periods, cross-boundary topics, and current issues. Culminating experience for Taxation Specialization. 4 seminars. Prerequisite: GSA 546, GSA 547, or consent of instructor.

GSA 590 Internship (9)

Accounting internship that allows graduate level accounting students the opportunity to apply skills and competencies to an employment opportunity. Placement in a full-time supervised work experience at a public accounting firm or in an accounting or internal audit department of a private enterprise or government agency. Prerequisite: Acceptance into MS in Accounting program.