Accounting

  • QST AC 221: Financial Accounting
    Undergraduate Prerequisites: QST SM131; QST SM132 previous or concurrent.
    Basic concepts underlying financial statements and accounting procedures used in preparing statements of financial position, income statements, and statements of cash flow. Stresses the interpretation, analysis, and evaluation of published financial statements.
  • QST AC 222: Managerial Accounting
    Undergraduate Prerequisites: QST AC221 previous or concurrent
    Sophomore requirement. Introduces the basic principles, methods, and challenges of modern managerial accounting. Covers traditional topics such as job-order costing, cost-volume-profit analysis, budgeting and variance analysis, profitability analysis, relevant costs for decision making, and cost-plus pricing, as well as emerging topics such as Activity-Based Cost (ABC) accounting. The material is examined from the perspective of students preparing to use management accounting information as managers, to support decision making (such as pricing, product mix, sourcing, and technology decisions) and short- and long-term planning, and to measure, evaluate, and reward performance. Emphasizes the relationships between accounting techniques and other organizational activities (such as strategy and motivation).
  • QST AC 347: Intermediate Accounting 1
    Undergraduate Prerequisites: QST AC221; QST AC222 previous or concurrent. Pre-req for SHA students: SHA HF210; SHA HF310
    Undergraduate Prerequisites: (QSTAC347) - Continues with providing a foundation for solving financial reporting issues through the study of liabilities (including pensions, bonds, and leases), interperiod tax allocation, stockholder's equity, and the statement of cash flows.
  • QST AC 348: Intermediate Accounting 2
    Undergraduate Prerequisites: QST AC 347.
    Continues with providing a foundation for solving financial reporting issues through the study of liabilities (including pensions, bonds, and leases), inter- period tax allocation, stockholder's equity, and the statement of cash flows.
  • QST AC 414: Financial Statement Analysis
    Undergraduate Prerequisites: QST AC 347; QST AC347
    Analysis of corporate financial statements. Includes profitability analysis, liquidity and solvency analysis, the incentives of management in corporate reporting, and the use of accounting information in efficient capital markets.
  • QST AC 420: Introduction to Financial Analytics
    Undergraduate Prerequisites: QST FE 323 ; QST MK 323 ; QST OM 323 ; QST QM 323.
    The world of business is deluged by data. This course will equip students with data analytics tools, skills, concepts, and techniques in accounting, finance, and economics to help them understand fundamental business issues. They will work with financial reporting and capital market datasets, and design and critique statistical analyses for financial decision-making. The course will provide students with a basic ability to code in Python and apply these skills to define, classify, and structure datasets focused on financial reporting and financial market data; and use such data to analyze and predict corporate and market outcomes, as well as identify the limitations of such analyses.
  • QST AC 430: Accounting Research
    Undergraduate Prerequisites: Senior standing; QST AC348 previous or concurrent
    Develops and practices research skills required of an accounting professional. Use accounting-related resources to research and understand accounting reporting issues and authoritative guidance for application of GAAP.
  • QST AC 431: Sustainability Reporting
    The course addresses sustainability reporting and is organized into three modules. The first module focuses on the main frameworks for such disclosure, including the Task Force for Climate-Related Financial Disclosures, Sustainability Accounting Standards, the Global Reporting Initiative, Integrated Reporting, and International Sustainability Standards. 2. Module Two offers an in-depth exploration of the individual environmental, social, and governance (ESG) subjects. The third module discusses current topics such as rating agencies, external assurance, ESG scores, and ESG Activism.
  • QST AC 445: Advanced Managerial Accounting
    Undergraduate Prerequisites: Senior standing; QST AC347
    Integrates knowledge from the fields of accounting, economics, and finance to investigate current issues related to management control, financial analysis and valuation, corporate governance, and strategic cost analysis.
  • QST AC 469: Principles of Income Taxation I
    Undergraduate Prerequisites: QST AC347 previous or concurrent
    Federal income tax law common to all taxpayers: individuals, partnerships, and corporations. Tax returns for individuals. Topics include tax accounting, income to be included and excluded in returns, tax deductions, ordinary and capital gains and losses, inventories, installment sales, depreciation, bad debts, and other losses.
  • QST AC 498: Directed Study: Accounting
    Directed study in Accounting. 2 or 4 credits. Application available on the UDC website.
  • QST AC 565: Auditing
    Undergraduate Prerequisites: QST AC348 previous or concurrent
    Introduces the basic concepts underlying auditing and assurance services (including materiality, audit risk, and evidence) and demonstrates how to apply those concepts to audit and assurance services through financial statement audits. 4 cr.
  • QST AC 710: Financial Reporting and Analysis
    Graduate Prerequisites: QST MG 730.
    An introduction to financial accounting and how organizations provide financial information to external users (stockholders, creditors, and analysts). The focus is on understanding the impact of business activities and accounting choices on financial statements, and analyzing financial statements to infer the business activities undertaken. Topics covered include income statement and balance sheet format, purposes, and limitations; statement of cash flows; and analysis of the impact of different business models on financial performance.
  • QST AC 711: Financial Reporting and Control
    An introduction to accounting, and an examination of how it helps in decision-making. Financial accounting (information needs of stockholders, creditors, and analysts) and managerial accounting (information needs of managers) are stressed equally. Topics covered include income statement and balance sheet format, purposes, and limitations; statement of cash flows; analysis of financial statements; cost behavior; use of relevant costs in decision making; budgeting; and divisional performance measurement.
  • QST AC 814: Financial Statement Analysis & Investor Decisions
    Graduate Prerequisites: QST MO712 or 713, QST AC710 or 711, QST QM716 or 717, QST MK723 or 724, QST FE711 or 722
    This course is designed to develop skills in interpreting and analyzing the financial reports prepared by firms for investors and creditors. The following topics are covered: 1) analyzing profitability and risk , (2) understanding the major accounting choices affecting financial statements and managerial incentives that influence these choices, (3) assessing the quality of earnings, (4) using cash-flow based and earnings-based valuation models. The course also includes a brief review of some important accounting principles, emphasizing areas that were not covered in AC710. [Lectures, exercises, exams, and project.]
  • QST AC 820: Financial Analytics
    Graduate Prerequisites: QST AC710 or AC711; AND QST FE711 or FE722; AND QST IS717 or IS833 orIS834 or QM877, or knowledge of Python (with instructor approval).
    This is an introductory course on Financial Analytics providing students with knowledge about key "financial" concepts (financial accounting, financial statements, managerial accounting, corporate finance, and investments) so that they can intelligently apply their prior analytics knowledge and tools to real- world financial applications.
  • QST AC 830: Managerial Accounting
    Graduate Prerequisites: QST MO712 or 713, QST PL727 or 730, QST AC710 or 711, QST QM716 or 717, QST OM725 or 726, QST MK723 or 724, QST FE711 or 722
    Managerial Accounting is concerned with the use of accounting data for planning, decision-making, and control. The course is intended as an introduction for individuals who will make business decisions, evaluate business units, and evaluate others (or be evaluated) through the use of accounting systems. Topics include: (1) Understanding how costs behave and how to use costs in decision- making; (2) Understanding the nature, purpose and importance of different types of decision-useful managerial accounting information; (3) Understanding fundamental quantitative tools and techniques used to generate decision-useful managerial accounting information for both cost management and managerial control purposes; and (4) Making informed strategic and operational business decisions based on supporting managerial accounting information.
  • QST AC 847: Intermediate Accounting 1
    Graduate Prerequisites: QST AC710 or 711
    Topics covered: 1) Review of generally accepted accounting principles, especially matching concept and revenue recognition rules. 2) Consideration of balance sheet and income statement classification issues. 3) Accounting and reporting issues related to cash, accounts receivable, inventories, investments, intangibles, and plant assets.
  • QST AC 848: Intermediate Accounting 2
    Graduate Prerequisites: QST AC 847.
    This course focuses on the recognition and measurement of issues in accounting related to income taxes, lease obligations, and pension liabilities and equity. It focuses further on the preparation of, and uses for, statement of cash flows; calculating, reporting, and interpreting financial measures, including earnings per share; the nature and purpose of segment and interim reporting; and accounting for changing prices. The course also provides a brief overview of the auditor's opinion.
  • QST AC 860: Accounting Risk Management
    The objective of this course is to provide students who have no previous accounting knowledge with the accounting tools necessary for a better understanding of a firm's fundamentals, to enable a meaningful economic assessment of the firm's risk and potential return.