Accounting (MACC)

Catalog Year

Years 2019-2020

Degree

Master of Accounting

Credits

30

Locations

Mankato

Edina

Accreditation

AACSB

Association to Advance Collegiate Schools of Business

Program Requirements

Common Core

The theoretical structure underlying financial accounting will be discussed. The relationship of accounting theory to basic financial statements and standard setting will be analyzed. Case analysis will require research in accounting standards and application of those standards to various situations.

Prerequisites: none

This course examines the audit of investments, equity, estimates, going concern issues, and other advanced topics related to the audit of financial statements. The course also covers non-audit services such as compilations, SSARS reviews, and agreed upon procedures engagements.

Prerequisites: none

The course examines significant principles of the federal tax system as applied to individuals and entities to provide a deeper understanding and appreciation of tax rules and underlying policies. The course will utilize the study of critical tax cases and application of tax laws to factual scenarios.

Prerequisites: none

This course provides an advanced overview of the production and management of workplace communication. Participants will analyze and produce documents typical of workplace communication (ranging from memos and reports to business plans and websites) and research presentations, documentation, and management of communication projects appropriate to their industry or business concerns.

Prerequisites: none

Restricted Electives

This course provides in-depth coverage of contemporary tools and techniques available for analyzing financial statements and other relevant data to derive measurements and relationships useful in decision making.

Prerequisites: none

This course examines accounting rules and regulations for governmental and not-for-profit entities.

Prerequisites: none

The course provides an overview of organizing, financing and managing corporations, risk management, bankruptcy and foreclosure. SEC oversight of publicly traded securities, insider trading restrictions, and liability issues are also examined. Professional and ethical responsibilities of accountants are discussed.

Prerequisites: none

This course addresses specialized topics in accounting, auditing, or taxation. Topics will vary by semester.

Prerequisites: none

This course examines the principles and methodology of fraud detection and deterrence. Topics include skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, payroll and expense reimbursement schemes, non-cash misappropriations, corruption, fraudulent financial statements, and interviewing witnesses.

Prerequisites: none

This course is an analysis and discussion of the requirements and standards related to audits of government entities, not-for-profit organizations, and employee benefit plans.

Prerequisites: none

This course is designed for those interested in financial auditing. The course focuses on the processes involved in information technology (IT) auditing, from planning an IT audit to auditing controls. Topics include general controls, application controls, and audit technology applications. Auditing standards and frameworks, including the COSO and COBIT frameworks, are examined. The approach to performing a SOX audit for the IT infrastructure that supports key financial applications is discussed.

Prerequisites: none

This course concentrates on the skills needed to research tax questions. The research process employed to ascertain the state of the Federal tax law applicable to the facts, and the formulation of conclusions and professional recommendations is also explored.

Prerequisites: none

This course examines the tax impact of the conduit rule, partnership formation, operation, sale and dissolution of a partnership; income to the partners, withdrawal and retirement of partners; and basis calculations.

Prerequisites: none

This course examines issues and rules governing the taxability of C-corporations and their shareholders. The tax concepts and rules related to the activities of formation, operations, distributions, and liquidation are reviewed for the C-corporation entity and its shareholders.

Prerequisites: none

This course addresses the importance of using data for business decision making purposes. Students will learn to identify specific business problems, evaluate potential solutions, and use data to provide a foundation for making sound business decisions. This will be accomplished through the use of systematic problem solving tools, the exploration of commonly used business analytics methodologies, and the learned use of specific software packages.

Prerequisites: none

The course examines the IFRS reporting practices of various countries and examines recognition and disclosure differences of the major classes of assets and liabilities reported in accordance with IFRS and US GAAP. Hedging transactions of multinational corporations are also discussed.

Prerequisites: none

This course provides an overview of US electronic banking rules, commonly used financial instruments and collateralizing lending. Discussion will focus on equity, debt and convertible securities, as well as common uses of derivatives.

Prerequisites: none

Participation in a paid full-time position with a cooperating business, governmental, or civic organization whose program has been approved in advance by the department in which the student has an approved major. Credits provided upon completion of all requirements.

Prerequisites: none

This course provides an understanding of the role of statistics related to the gathering and creation of information used in business decision making. Data analysis concepts covered include hypotheses testing. ANOVA, multiple regression, and time series analysis. The statistical program SPSS will be utilized extensively throughout the course.

Prerequisites: none

The course develops and integrates principles and ideas from economic and business and applies them to managerial decision making and policy formulation within a firm.

Prerequisites: none

Managers need a good understanding of law to be effective businesspersons as well as good citizens. Law is fundamental to maintaining social order, and social order is necessary for successful and efficient markets. Additionally, law facilitates the creation and operation of efficient markets by, for example, providing necessary assurance to market players (buyers, sellers, investors, employers, employees, etc.) that their reasonable commercial expectations will be realized. In keeping social order, facilitating markets, and other ways, law places a pervasive external constraint on business decisions and transactions. Thus law plays a central role in business. This course will address some of the legal principles that are most relevant to business. The course will also consider how ethics (the branch of philosophy that addresses what conduct is right and what is wrong) affects business.

Prerequisites: none

Provides an in-depth analysis of managerial accounting concepts and procedures, including product and service costing, cost-volume-profit analysis, planning and control systems, capital budgeting, and contemporary managerial systems and issues. Students will become familiar with contemporary computer applications.

Prerequisites: none

This course involves an application of the quantitive techniques used by organizations to evaluate the investment in capital assets, the factors affecting security valuations, and the overall financing or capital structure decision. These issues heavily emphasize the risk and return interaction in the investment decision.

Prerequisites: none

The course will cover a range of topics, including the strategic management of human resources, job analysis, hiring, performance appraisal, training and development, compensation, as well as labor relations.

Prerequisites: none

The MBA MIS course integrates contemporary technology concepts with an emphasis on the managerial aspects of information systems. A review of contemporary technology examines data management, analysis, modeling, and design, and data communications, and networking in the most recent generation of technology. Project and change management, and information systems policy and strategy emphasize the managerial aspects of information systems. Project and change management examines how systems and technologies are implemented. It includes consideration of project planning, scheduling, and budgeting, as well as consideration of the change management required to implement projects, MIS policy, and strategy examines the IS project portfolio from the view of the senior IS executive and from the view of the business executive. It shows students how policy and strategy considerations affect every aspects of IS and, conversely, how IT transforms organizations, and indeed, the very nature of business.

Prerequisites: none

This course will focus on an area of study that attempts to explain, predict, control, and increase understanding of human work behavior in organizations both in the U.S. and internationally. Using a variety of techniques, students will learn about the nature of people as well as how individual and group behavior is influenced by organizational factors. The intent is to use various theories and principles to help diagnose and solve organizational problems. The goal is to more effectively manage in today's environment so employees are engaging in ethical, creative, and productive behaviors on the job. Learning tools include some lecture/discussion active learning groups, original readings, exercises, projects, cases, library research and presentations.

Prerequisites: none

This course addresses the concepts, techniques, and technology necessary to manage and control operations in services and manufacturing. The emphasis is on operations strategy, project management, quality management, and supply chain management.

Prerequisites: none

This class is designed to enhance negotiating skill. Students will learn techniques for generating beneficial outcomes from bargaining situations with regard to contracts, purchasing, and dispute resolution. A number of different bargaining models will be introduced and students will engage in simulated negotiations.

Prerequisites: none

This course is designed to combine the why of leadership thinking with the how of leadership skill development. The class is both philosopical and practical, so you will have to both think and apply what you are learning. The course will provide students with opportunities to use theories to analyze leader behaviors, and with personal awareness and development. You will come out of the class with a Leadership Development Plan of your own to help you apply the class to your own development as a leader and manager.

Prerequisites: none

This course is designed to provide students with the theory and practical applications to diagnose organizational problems and to develop appropriate interventions and solutions to those problems. Students also use theory to guide practice in designing and implementing successful organizational change. These activities require students to use research and data analysis skills to gather data to learn about organizations.

Prerequisites: none

The purpose of this course is to provide a comprehensive understanding of the policies, strategies and operations of companies doing business internationally.

Prerequisites: none

Provides a comprehensive framework for the application of marketing concepts to the development and implementation of marketing strategy. The course emphasizes the activities and processes needed to design a marketing plan.

Prerequisites: none

The Executive Seminar provides the opportunity for students to interact directly with visiting executives in order to gain insight into the challenges in leading a modern complex business organization. Personal communication skills, reflective learning, critical thinking assignments, and career planning exercises help shape executive development.

Prerequisites: none

Capstone Course

This course will employ hands-on application of accounting and tax concepts to case applications. Applications will include completion of the accounting cycle as well as researching in accounting standards and tax law to address appropriate treatment of transactions.

Prerequisites: MACC 615