Courses

The innovative, specially designed online MS in Accounting program allows you to take full advantage of the quality courses for which UConn is so well known combined with the flexibility of a primarily "asynchronous" online education. We focus on issues relevant to today’s accounting professional, rather than being driven by the content and structure of textbooks as are traditional courses.

Each online accounting course includes topics that broaden accounting education. Our goal is to provide you with the information and knowledge you need to become a competitive and successful accounting professional.

 

Core Courses
Two required courses:

5505 – Understanding the Responsibilities of an Accounting Professional

3 credits. Seminar.

Required Course

Open to students in the Accounting M.S. program.

The groundwork for three fundamental issues that are embedded throughout the curriculum in the MS in Accounting Program will be set. First, you will explore the foundations of the accounting profession. Topics will include, but are not limited to the role of personal and professional ethics and ethical ideals in the conduct of a professional, the importance of an auditor in serving the public interest, the cultural significance of accounting, and the regulatory environment governing the accounting profession. Second, you will be exposed to the use of technology within the profession and learning environments. Third, you will apply the concept of information literacy to help ensure continued professional development throughout your career as you develop the skill set to identify an information need, efficiently select information resources relevant to that need, effectively retrieve pertinent information from those relevant resources, astutely synthesize that information into a form that responds to their initial information need, and lastly, articulate the fit of that response to the need as you seek to become a critical user of a variety of information sources within the profession.

Authentication and academic issues are addressed various ways in each course but are more thoroughly explained during this course.

Choose from one of the following:

5571 – Taxation of Business Entities

3 credits. Lecture.

Required if plan of study has no included 5532 or 5533, otherwise an elective

Application of basic tax concepts to business entities, with particular emphasis on C corporations and partnerships and S corporations. At the end of the course, students should be able to identify and address the tax issues faced when forming, operating, and liquidating a business entity.

5532– Contemporary Issues in Financial Reporting and Analysis

3 credits. Lecture.

Required if plan of study has not included 5533 or 5571, otherwise an elective

This course focuses on major financial reporting issues in consideration of the current data-centric technological and analytical environment.  Broad topics are derived from FASB’s conceptual framework, including income determination and asset valuation.  Specific topics covered in this course include risk management, earnings management, firm valuation, investing, and corporate governance issues.  This course introduces tools that link non-financial metrics with financial reports, providing actionable insights for external decision makers.

5533 – Contemporary Managerial Accounting Issues

3 credits. Lecture.

Required if plan of study has not included 5532 or 5571, otherwise an elective

Study of major managerial accounting issues including analysis and evaluation of cost management systems. Overall focus is on the use of internally generated accounting data to support business strategy and maintain competitive advantages. Current research in the constantly evolving area of managerial accounting is emphasized.

Accounting Electives
Choose eight from the following:

5532– Contemporary Issues in Financial Reporting and Analysis

3 credits. Lecture.

Required if plan of study has not included 5533 or 5571, otherwise an elective

This course focuses on major financial reporting issues in consideration of the current data-centric technological and analytical environment.  Broad topics are derived from FASB’s conceptual framework, including income determination and asset valuation.  Specific topics covered in this course include risk management, earnings management, firm valuation, investing, and corporate governance issues.  This course introduces tools that link non-financial metrics with financial reports, providing actionable insights for external decision makers.

5533 – Contemporary Managerial Accounting Issues

3 credits. Lecture.

Required if plan of study has not included 5532 or 5571, otherwise an elective

Study of major managerial accounting issues including analysis and evaluation of cost management systems. Overall focus is on the use of internally generated accounting data to support business strategy and maintain competitive advantages. Current research in the constantly evolving area of managerial accounting is emphasized.

5535 – Global Financial Reporting and Analysis

3 credits. Lecture.

Elective

Students will develop and test expectations about the content of financial reports based on an understanding of how national culture and subcultures affect financial reporting in a principles-based decision environment.

5543 – Advanced Assurance Services

3 credits. Lecture.

Elective

Advanced treatment of significant assurance services issues. Intended for students with previous coursework in assurance services and/or auditing. Emphasis is placed on (1) planning and performing audits of financial information systems, (2) computer applications of auditing and assurance services, (3) statistical applications in auditing and assurance services, and (4) contemporary ethical and legal issues confronting the professional accounting environment. The course also demonstrates more detailed-level audit techniques: audit planning, risk analysis, assessing internal control, executing audit procedures to substantiate validity of key financial accounts, and a presenting the audit findings in a final audit report.

5545 – Business Law, Business Ethics, and Public Accounting

3 credits. Lecture.

Elective

This course may not be taken by M.B.A. students, who should instead take BLAW 5175.

This course covers the major legal and ethical issues in business and their significance for the accounting profession and related stakeholders. Included among the topics are: executive compensation; revenue recognition and earnings management; accountants’ role/responsibility in detecting fraud (Madoff); accountants’ legal liability for corporate misconduct; the role/responsibility of accounting standard-setting in preventing business failure and misconduct (subprime crisis); going concern and management obligations to creditors; corporate legal obligations to third parties (tort, warranty, product liability, environmental); employee relations, confidentiality and whistle-blowing; corporate social responsibility (international labor standards, social welfare and environmental issues); auditor independence and professional relationship with client.

5546 – Forensic Accounting and Fraud Examination

3 credits. Lecture.

Elective

Forensic accounting continues to be one of the hottest areas in accounting. This course will first increase your familiarity with opportunities where forensic accounting is gaining utility, and second, establish a mind-set to engage these opportunities that includes skills and abilities not typically taught as part of traditional accounting instruction. You will develop an approach to an engagement using accounting and non-accounting (investigative) skills, learn the importance of verbal and written communications skills, and gain an appreciation for both perspectives on either side of a debate, dispute or issue that will prove invaluable both within and outside the context of forensic accounting.

The course is designed similar to actual real world experiences of new accountants within a firm. Initially, it is similar to the group orientation new hires receive upon hiring, and the class will work together within the threaded discussion just as new hires would complete orientation as a group. Then orientation ends, and new staff are assigned to engagements. Some staff may continue to interact and work together while on a new engagement, the remaining new hires may never see and interact with each other again except at training and firm functions.

5549 – Accounting and Disclosure for Not-for-Profit Entities

3 credits. Lecture.

Elective

Accounting for nonprofit organizations (NFPs), including educational institutions, hospitals and other healthcare entities, and civic and cultural organizations, is substantially different than for-profit entities. This course will examine topics relating to preparing and using financial statements for NFPs, including accounting, audit, and disclosure requirements and selected issues relating to government grants awarded to NFPs.

5554 – Introduction to Data Analytics for Accountants

3 Credits. Lecture.

Elective

This course is an introduction to the skills and technologies used to analyze data with an emphasis on preparing accountants with the ability for interacting with data scientists and others.  The role of data analysis in the accounting profession will be explored.  The course utilizes Excel, SAS and Tableau and a variety of techniques for analyzing company financial data and prepare reports.  Students will be introduced to the tools and techniques firms want students to be familiar with.

5555 – Advanced Data Analytics for Accountants

3 Credits. Lecture.

Elective

This course introduces more advanced techniques such as combining multiple data sources and non-linear models. Additional techniques for preparing data and dealing with data anomalies are explored and practices. This is a technical, hands-on course.

5557 – Advanced Accounting Information Systems

3 Credits. Lecture.

Elective

This course provides an overview of Accounting Information Systems with emphasis on business process analysis, data modeling, business analytics, and internal controls. The course highlights emerging trends in data analytics and its growing impact in accounting. Students work directly with various software tools to learn relational database design, data retrieval, and analysis. In addition, the course introduces principles of Big Data, data visualization and software for fraud detection and internal controls.

5559 – Accounting and Auditing for Governmental Entities

3 credits. Lecture.

Elective

This course provides students with an understanding of how the characteristics and unique objectives of government entities are manifested in the accounting standards, audit procedures and disclosure requirements. Topics addressed include the different types of governance structures and related authority, purpose of the various governmental financial statements, basis of accounting and measurement focus of the various fund types, and certain financial statement disclosures.

5563 – Enterprise Risk Management: Identify Events as Risks to Manage or Opportunities to Seize

3 credits. Lecture.

Elective

This course provides students with the ability within the COSO framework to identify events that may impact a non-financial,publicly traded enterprise’s ability to realize value for its stakeholders using the concept of the triple bottom line of profit, people, and planet. Events will be evaluated as risks that have negative impacts and opportunities with potential positive impacts. ERM techniques applied in the course will include: risk control, business continuity, reputation risk, supply-chain management, compensation system alignment, and strategic decisions.

5571 – Taxation of Business Entities

3 credits. Lecture.

Required if plan of study has no included 5532 or 5533, otherwise an elective

Application of basic tax concepts to business entities, with particular emphasis on C corporations and partnerships and S corporations. At the end of the course, students should be able to identify and address the tax issues faced when forming, operating, and liquidating a business entity.

5575- Taxes and Business Strategy

3 Credits. Lecture.

Elective

This course provides a foundation for understanding how taxes affect economic behavior. Students work through a conceptual framework that describes how tax rules affect business decisions. At the end of this course, students should be able to apply this conceptual framework to a number of settings including compensation, organizational form, investment strategies, and multinational tax issues.

5582 – Research for Accounting Professionals

3 credits. Lecture.

Elective

This course provides students with the information literacy skills required of an accounting professional to research, analyze, and communicate findings related to complex financial reporting, auditing, internal control, and tax appropriate resources to meet information needs, specify and implement research strategies, and evaluate resources in order to fulfill those needs. It will evaluate how to use resources including databases that cover the authoritative literature.

5583 – Financial Reporting and Auditing Implications Relating to Income Taxes

3 credits. Lecture.

Elective

This course focuses on the financial reporting and auditing provisions related to federal, foreign, and state income taxes. Students will learn how to: (1) calculate and identify income tax amounts reported on the income statement, balance sheet, and statement of cash flows, (2) prepare the income tax footnote and related disclosures, (3) audit income tax balances and disclosures, (4) identify evidential audit issues relating to income tax balances and disclosures, and (5) identify tax risks and internal controls to mitigate such risks.