You are here: BUSINESS & ECONOMICS-> ACCOUNTING -> BACHELORS DEGREE-> Fourth Year


4th Year Semester I, FALL

  • ACC 350
    Introduction to Taxation

    The most challenging aspect of tax accounting is tax planning, that is anticipating the tax effects of business transactions and structuring these transactions in a manner that will minimize the income tax burden. Accordingly, this course is designed to get an outlook on the major tax issues involved in business decisions. It focuses chiefly on theory and practice of taxation as applied to individuals and businesses, current laws and regulations, basic definitional tax concepts of income, deduction, credit and gain, and losses.

  • ECON 320
    Money and Banking

    A study of the origin, principles and functions of money, emphasising the role of banks in the effectuation of monetary policies geared to achieve various economic and political goals.

    Prerequisite: ECON 222
  • POLSC 090
    American Government

    This course provides an introduction to American Government. It gives an overview of the history, institution, practices, and policies of the American Government. The topics included are the Constitution, the powers of Congress, how a bill becomes a law, powers of the president and how he is elected, the court system, voting and elections, political parties, and civil rights, as well as citizenship, pressure groups and American economic policy. The course views government in its relation to its people, its services and protection.



4th Year Semester II, SPRING

  • ACC 351
    Government Accounting and Budgeting

    Introduction to accounting for state and local governments and not-for-profit entities. Not-for-profit entities include health care providers, colleges and universities, voluntary health and welfare organizations. Principles of fund accounting, budgeting, budget control auditing and analysis and interpretation of financial statements are the chief focus in this course.

    Prerequisites: ACC 307
  • ACC 352
    Theory and Practice of Auditing

    Auditing is the evaluation of evidences about information to determine the degree of correspondence between the information and the established criteria. The primary emphasis of this course is on an auditor’s decision making process. The major topics include theory and practice of financial auditing, application of generally accepted auditing standards, the importance of well-written and comprehensive audit reports, and other auditing services such as compilation, review and other attestation functions.

    Prerequisites: ACC 308 and ACC 230
  • ECON 321
    Finance

    This course provides a rigorous and consistent presentation of the theory of financial decisions. Capital markets are analyzed under assumptions of risk aversion and uncertainty. Models of modern portfolio theory are discussed including the CAPM and the Modigliani-Miller analysis.

    Prerequisites: ECON 221 and ECON 222