Core Course in the Master of Science in Accounting

Topics: Financial Accounting Standards Board, International Financial Reporting Standards, Balance sheet Pages: 15 (2416 words) Published: September 25, 2012
|[pic] |ACC 541 | | |School of Business | | |ACC/541 Version 5 | | |Accounting Theory and Research |

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Course Description

This is the first core course in the Master of Science in Accounting. In this course, students apply accounting research tools to current accounting issues. Other topics include research of accounting questions related to inventory, fixed assets, leases, derivative instruments, debt, contingencies, segment reporting, pensions, business combinations, consolidations, stockholder’s equity, and a program overview.


Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents:

• University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum.

University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.

Course Materials

Schroeder, R. G., Clark, M. W., & Cathey, J. M. (2010). Financial accounting theory and analysis: Text readings and cases (10th ed.). Hoboken, NJ: Wiley.

All electronic materials are available on the student website.


Wiley CPA Examination Review Practice website

|Week One: Original Pronouncements | | |Details |Due |Points | |Objectives |Use tools available to University of Phoenix graduate students. | | | | |Identify the program objectives for the Master of Science in Accounting. | | | | |Identify the sources of current practice and thought in accounting. | | | | |Explain the relationship between the International Accounting Standards Board and the | | | | |Financial Accounting Standards Board. | | | |Readings |Read Ch. 1 & 3 of Financial Accounting Theory and Analysis. | | | |Participation |Participate in class discussion. |08/21/12 |10 | |Discussion Questions |Respond to one of weekly discussion questions listed below, but be prepared to discuss all of|08/21/12 |20 | | |them. | | | |Individual |The International Accounting Standards Board (IASB) and the Financial Accounting Standards |08/21/12 |60 | |Accounting Standards Boards...
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