Academic Catalog 2024-2025

ACC - Accounting

ACC 5021  Advanced Accounting  (3 Units)  

This course provides an in-depth study of advanced accounting concepts. Topics include goodwill, business combinations including consolidated financial statements for wholly and partially owned subsidiaries, derivatives and hedge accounting, foreign currency transactions and translation, and partnership accounting.

Letter grade.  
Also offered as ACC 6021.  
ACC 5025  Financial Statement Analysis and Valuation  (3 Units)  

An applications-oriented course designed to develop the tools essential to evaluate the performance and assess the value of companies from a decision maker's perspective. Topics include industry and competitive strategy analysis, accounting analysis, ratio analysis, forecasting, earnings and cash-based valuation models, and equity and credit analysis.

Letter grade.  
Also offered as ACC 6025 and FIN 4025.  
Prerequisite(s): FIN 3035 and MSA or Senior accounting students only.  
ACC 5030  Tax: Individuals, Trusts, and Estates  (3 Units)  

A study of the Federal income tax laws as they relate primarily to individuals, trusts, and estates. Topics include gross income inclusions and exclusions, deductions for and from adjusted gross income, reporting of items from pass-through entities, depreciation and cost recovery, gains and losses on property transactions, 1031 exchanges, at-risk provisions and passive loss rules, tax determination, credits, and trust, estate, and gift taxation.

Letter grade.  
Also offered as ACC 6030.  
Prerequisite(s): ACC 3020  
ACC 5031  Tax: Corporations, Partnerships, and Other Entities  (3 Units)  

A study of Federal income tax laws as they primarily relate to C corporations, S corporations, partnerships, and LLCs. Topics include taxable income, liabilities, credits, net operating losses and book vs. tax differences for C corporations, and eligibility, elections, ordinary business income, separately stated items and basic calculations for S corporations, LLCs, and partnerships.

Also offered as ACC 6031.  
Prerequisite(s): ACC 5030  
ACC 5032  Tax: Planning, Research, and Communication  (3 Units)  

This course provides an in-depth study of tax planning and research as it relates to federal taxation. An emphasis will be placed on communicating the results of tax planning and research. Topics include authoritative hierarchy, uncertain tax positions, mergers, acquisitions and divestitures, individuals, trusts, estates, C corporations, S corporations, and partnerships.

Letter grade.  
Also offered as ACC 6032.  
Prerequisite(s): ACC 6031 (not required for MBA students)  
ACC 5040  Government and Not-for-Profit Accounting  (3 Units)  

A study of accounting as it relates to not-for-profit organizations and government entities. Topics include common transactions and financial statements within a not-for-profit organization accounting system, taxation of not-for-profit organizations, fund accounting in government and nongovernment entities, governmental financial statements, and employee benefit accounting.

Letter grade.  
Also offered as ACC 6040.  
ACC 5050  Ethics in Accounting  (3 Units)  

This course provides students with the theoretical knowledge and practical framework to identify and deal with ethical conflicts that are encountered in the accounting profession. Topics include ethical principles and reasoning, core philosophies, virtues and justice, social responsibility, greed, corruption, collusion, fraud, earnings management, confidentiality, independence, moral seduction, conflicts of interest, responsibilities in tax practice, and data ethics.

Letter grade.  
Also offered as ACC 6050.  
ACC 5060  Auditing  (3 Units)  

A study of the attest functions of independent public accountants with emphasis on the philosophy of auditing. Topics include auditing standards, professional conduct, legal liability, internal control, audit evidence and techniques, and accountants' reporting responsibilities. Students will gain practical experience by researching the accounting standards codification.

Also offered as ACC 6060.  
ACC 5080  Advanced Accounting Data Analytics  (3 Units)  

A study of data analytics with an emphasis on identifying relevant issues and questions, gathering data, performing testing, and analyzing and communicating results. Topics include audit data, managerial, financial statement, and tax analytics. An emphasis is placed on applying real-world data using various tools.

Also offered as ACC 6080.  
ACC 5089  Accounting Internship  (3 Units)  

This course requires on-the-job experience in accounting where students exercise decision-making, problem-solving and communication skills, and accounting knowledge acquired in the student's academic program. In addition, students create a professional portfolio including cover letter, resume, letters of recommendation, work samples, and internship reports/evaluations.

May be repeated for a maximum of six (6) units. Credit/No Credit.  
Also offered as ACC 6089.  
Prerequisite(s): BUS 3013 and consent of instructor.  
"C" Designation is for California Internships. "E" Designation is for Out of State Internships.  
ACC 5090  Special Topics in Accounting  (1-3 Units)  

Study in a special topic under the direction of a faculty member.

May be repeated up to a total of six (6) units.  
Prerequisite(s): Consent of Program Director or Dean.  
ACC 6021  Advanced Accounting  (3 Units)  

This course provides an in-depth study of advanced accounting concepts. Topics include goodwill, business combinations including consolidated financial statements for wholly and partially owned subsidiaries, derivatives and hedge accounting, foreign currency transactions and translation, and partnership accounting.

Letter grade.  
Also offered as ACC 5021.  
ACC 6025  Financial Statement Analysis and Valuation  (3 Units)  

An applications-oriented course designed to develop the tools essential to evaluate the performance and assess the value of companies from a decision maker's perspective. Topics include industry and competitive strategy analysis, accounting analysis, ratio analysis, forecasting, earnings and cash-based valuation models, and equity and credit analysis.

Letter grade.  
Also offered as ACC 5025 and FIN 4025.  
ACC 6030  Tax: Individuals, Trusts, and Estates  (3 Units)  

A study of the Federal income tax laws as they relate primarily to individuals, trusts, and estates. Topics include gross income inclusions and exclusions, deductions for and from adjusted gross income, reporting of items from pass-through entities, depreciation and cost recovery, gains and losses on property transactions, 1031 exchanges, at-risk provisions and passive loss rules, tax determination, credits, and trust, estate, and gift taxation.

Letter grade.  
Also offered as ACC 5030.  
ACC 6031  Tax: Corporations, Partnerships, and Other Entities  (3 Units)  

A study of Federal income tax laws as they primarily relate to C corporations, S corporations, partnerships, and LLCs. Topics include taxable income, liabilities, credits, net operating losses and book vs. tax differences for C corporations, and eligibility, elections, ordinary business income, separately stated items and basic calculations for S corporations, LLCs, and partnerships.

Letter grade.  
Also offered as ACC 5031.  
Prerequisite(s): ACC 5030  
ACC 6032  Tax: Planning, Research, and Communication  (3 Units)  

This course provides an in-depth study of tax planning and research as it relates to federal taxation. An emphasis will be placed on communicating the results of tax planning and research. Topics include authoritative hierarchy, uncertain tax positions, mergers, acquisitions and divestitures, individuals, trusts, estates, C corporations, S corporations, and partnerships.

Letter grade.  
Also offered as ACC 5032.  
Prerequisite(s): ACC 6031 (not required for MBA students)  
ACC 6040  Government and Not-for-Profit Accounting  (3 Units)  

A study of accounting as it relates to not-for-profit organizations and government entities. Topics include common transactions and financial statements within a not-for-profit organization accounting system, taxation of not-for-profit organizations, fund accounting in government and nongovernment entities, governmental financial statements, and employee benefit accounting.

Letter grade.  
Also offered as ACC 5040.  
ACC 6050  Ethics in Accounting  (3 Units)  

This course provides students with the theoretical knowledge and practical framework to identify and deal with ethical conflicts that are encountered in the accounting profession. Topics include ethical principles and reasoning, core philosophies, virtues and justice, social responsibility, greed, corruption, collusion, fraud, earnings management, confidentiality, independence, moral seduction, conflicts of interest, responsibilities in tax practice, and data ethics.

Letter grade.  
Also offered as ACC 5050.  
ACC 6060  Auditing  (3 Units)  

A study of the attest functions of independent public accountants with emphasis on the philosophy of auditing. Topics include auditing standards, professional conduct, legal liability, internal control, audit evidence and techniques, and accountants' reporting responsibilities. Students will gain practical experience by researching the accounting standards codification.

Letter grade.  
Also offered as ACC 5060.  
ACC 6080  Advanced Accounting Data Analytics  (3 Units)  

A study of data analytics with an emphasis on identifying relevant issues and questions, gathering data, performing testing, and analyzing and communicating results. Topics include audit data, managerial, financial statement, and tax analytics. An emphasis is placed on applying real-world data using various tools.

Letter grade.  
Also offered as ACC 5080.  
ACC 6089  Accounting Internship  (3 Units)  

This course requires on-the-job experience in accounting where students exercise decision-making, problem-solving and communication skills, and accounting knowledge acquired in the student's academic program. In addition, students create a professional portfolio including cover letter, resume, letters of recommendation, work samples, and internship reports/evaluations.

May be repeated for a maximum of six (6) units. Credit/No Credit.  
Also offered as ACC 5089.  
"C" Designation is for California Internships. "E" Designation is for Out of State Internships.  
ACC 6090  Special Topics in Accounting  (1-3 Units)  

Study in a special topic under the direction of a faculty member.

May be repeated up to a total of six (6) units.  
Prerequisite(s): Consent of Program Director or Dean.