2013-14 Course Descriptions
MACC 603 Contemporary Issues in Accounting Theory (3-0-3), fall. Accounting theory provides a theoretical background from which students learn to understand and evaluate current accounting practice. A conceptual basis for evaluating accounting alternatives is developed and applied, and the accounting profession itself is examined within the larger context of the social, economic, and political forces that help shape it.
MACC 605 Financial Statement Analysis (3-0-3), spring. This graduate level seminar includes (1) financial ratio and trend analysis; (2) financial industry differences analysis; (3) liquidity/solvency assessment; (4) earnings, cash flow, valuation, and risk forecasting; and (5) analyzing international financial reporting issues.
MACC 609 Advanced Auditing (3-0-3), spring. An advanced study of selected topics in auditing. Topics may include risk assessment, internal control evaluation, substantive testing, audit reports, and other professional services. Course methodology may include case analysis, application projects, and research of auditing literature.
MACC 610 Advanced Topics in Financial Accounting and Reporting (3-0-3), spring. A study of advanced financial accounting and reporting issues in areas such as (1) revenue recognition; (2) deferred taxes; (3) pensions; (4) other post-retirement benefits; (5) leases; and (6) the statement of cash flows. Prerequisite: Admission to MAcc program or consent of department chair.
MACC 611 Accounting for Governmental and Non-Profit Entities (3-0-3), fall. The course examines accounting methods for state and local governments, universities, hospitals, and non-profit organizations. A study and analysis is made of the publications of the Governmental Accounting Standards Board. An examination is made of the releases of the Financial Accounting Standards Board that pertain to accounting for nonprofit entities.
MACC 621 Advanced Financial Management (3-0-3), fall. Combines lecture and case study methods to focus on (1) advanced capital budgeting analysis; (2) real options; (3) advanced capital structure issues; (4) dividend policy and repurchases; (5) initial public offerings and refundings; and (6) basic financial options and futures. Prerequisite: Admission to MAcc program or consent of department chair.
MACC 622 Ethics and the Accounting Profession (3-0-3), spring. An examination and critique of accounting and business as social, ethical, moral, and spiritual activities, rather than merely economic events. Alternative systems of ethical reasoning are compared and applied within various decision contexts. The values of integrity, objectivity, and independence are examined as they relate to the accounting profession. Prerequisite: Admission to MAcc program.
MACC 624 Advanced Accounting Information Systems (3-0-3), fall. An in-depth study of the application of information systems knowledge to the accounting environment. Emphasis is upon developing students' abilities to understand and audit the processing of accounting data within the computer environment and the controls that are necessary to assure accuracy and reliability of the accounting system. Prerequisite: Admission to MAcc program or consent of department chair.
Vision in Action
Watch the video above to witness the future of Abilene Christian University taking shape.
Satisfy your curiosity about what it means to live and learn at ACU!
Apply to ACU