Undergraduate Courses

  • ACCT-201 Accounting for Decision Making I

    Prerequisites:

    MATH-128 or higher and WRI-102 or SBS-220

    Credits:

    3.00

    Description:

    Introduces students to the accounting cycle, the financial statements, and the theory underlying accounting as information. Provides users of accounting information with a basic understanding of how to appraise and manage a business. Addresses current accounting topics, including relevant ethical and international issues found in the financial press.

    Term:

    Offered Both Fall and Spring

  • ACCT-H201 Honors Accounting for Decision Making I

    Prerequisites:

    MATH-128 or higher and WRI-102, WRI-103 or SBS-220, and at least a 3.3 GPA

    Credits:

    3.00

    Description:

    Introduces students to the accounting cycle, the financial statements, and the theory underlying accounting as information. Provides users of accounting information with a basic understanding of how to appraise and manage a business. Addresses current accounting topics, including relevant ethical and international issues found in the financial press.

    Term:

    Offered Both Fall and Spring

  • ACCT-202 Accounting for Decision Making II

    Prerequisites:

    ACCT-201

    Credits:

    3.00

    Description:

    Enables students to apply the concepts and skills from ACCT 201. They learn how to analyze the financial condition and performance of a firm, and how to use accounting information in business planning, decision-making, and control. Topics include cost-volume-profit analysis, costing systems, variance analysis, and the budget process. Discusses relevant current ethical and competitive issues found in the financial press.

    Term:

    Offered Both Fall and Spring

  • ACCT-H202 Honors Accounting for Decision Making II

    Prerequisites:

    ACCT 201; 3.3 GPA

    Credits:

    3.00

    Description:

    Enables students to apply the concepts and skills from ACCT 201. They learn how to analyze the financial condition and performance of a firm, and how to use accounting information in business planning, decision-making, and control. Topics include cost-volume-profit analysis, costing systems, variance analysis, and the budget process. Discusses relevant current ethical and competitive issues found in the financial press.

    Term:

    Offered Both Fall and Spring

  • ACCT-310 International Business Accounting

    Prerequisites:

    FIN-200 (formerly FIN 310); ACCT-331

    Credits:

    3.00

    Description:

    Explores economic, political and cultural variables that shape accounting and disclosure in various countries. Students gain an understanding of international financial reporting standards and the forces for convergence between IFRS and US GAAP. Presents financial analysis in a multi-financial context.

    Term:

    Offered Fall Term

  • ACCT-320 Federal Taxation I

    Prerequisites:

    ACCT 202

    Credits:

    3.00

    Description:

    Focuses on the federal income taxation of individuals with some discussion of business taxation. Explores the basic structure of individual income taxation, including the individual tax formula, income, deductions, and credits, and provides an introduction to property transactions. Emphasizes how tax laws affect everyday personal and business decisions.

    Term:

    Offered Both Fall and Spring

  • ACCT-321 Intermediate Accounting I

    Prerequisites:

    ACCT 202; Junior standing

    Credits:

    3.00

    Description:

    Reviews basic financial accounting concepts and examines selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of current and non-current assets and liabilities and the income determination aspects of these items.

    Term:

    Offered Both Fall and Spring

  • ACCT-322 Intermediate Accounting II

    Prerequisites:

    ACCT-321 with a minimum grade of C

    Credits:

    3.00

    Description:

    Continues to examine selected balance sheet and income statement items. The focus of this communication intensive course is on the valuation and reporting of investments and stockholders' equity and the income determination aspects of these items. Also considers special topics such as pensions, leases, deferred taxes, and cash flows.

    Term:

    Offered Both Fall and Spring

  • ACCT-331 Cost Accounting

    Prerequisites:

    ACCT 202

    Credits:

    3.00

    Description:

    Explores concepts and procedures underlying the development of a cost accounting system for managerial decisions, control, and performance reporting. Introduces the basic ideas of responsibility accounting.

    Term:

    Offered Both Fall and Spring

  • ACCT-415 Not-For-Profit Accounting and Control

    Prerequisites:

    ACCT 331

    Credits:

    3.00

    Description:

    Studies accounting principles, unique financial reporting (such as fund accounting), and budgetary control in government agencies and charitable, healthcare, educational, and other not-for-profit organizations.

    Term:

    Offered Spring Term

  • ACCT-422 Federal Taxation II

    Prerequisites:

    ACCT 320

    Credits:

    3.00

    Description:

    Covers advanced individual tax topics such as cost recovery, itemized deductions, passive activity losses, AMT, complex basis rules, and the operation and formation of C corporations.

    Term:

    Offered Spring Term

  • ACCT-430 Accounting Information Systems

    Prerequisites:

    ACCT 322; ISOM 310 or ISOM 423

    Credits:

    3.00

    Description:

    Introduces the design, operation, and use of accounting information systems. Examines the functional relationships of the AIS within an organization. Provides a background in automated data processing, along with the important human and organizational considerations in system design and implementation.

    Term:

    Offered Both Fall and Spring

  • ACCT-431 Auditing and Assurance Services

    Prerequisites:

    ACCT 321 AND ACCT 331

    Credits:

    3.00

    Description:

    Provides an introduction to the field of auditing, with a concentration in auditing historical financial statements in accordance with generally accepted auditing standards, and some exposure to auditing the internal control over financial reporting of large public companies. Covers the environment, standards, regulation, and law of auditing in the US, with some exposure to the international environment. Covers audit planning, risk, and material assessments, audit evidence, evaluation of internal control, documentation, and audit reports.

    Term:

    Offered Both Fall and Spring

  • ACCT-432 Advanced Accounting

    Prerequisites:

    ACCT 322, and Junior standing

    Credits:

    3.00

    Description:

    Covers accounting procedures involved in business combinations and consolidated financial statements. Topics also include accounting for partnerships, various foreign currency issues, corporations in financial distress, and the role of regulatory authorities in financial reporting.

    Term:

    Offered Fall Term

  • ACCT-450 Accounting Theory and Practice

    Prerequisites:

    ACCT 431 (may be taken Concurrently) and Senior Status

    Credits:

    3.00

    Description:

    Addresses the non-technical foundations of accounting for CFOs, Audit Partners, FASB and SEC members and other leadership roles in accounting and finance. Core elements include enhancing critical thinking skills, understanding the grey areas of accounting, and analytical thinking. Subject matter combines current financial issues with traditional and radical concepts. However, the primary objective is to provide practice in forming and expressing opinions and taking a stand, using communication for impact, anticipating and managing ethical conflicts, and clarifying one's own guiding principles.

    Term:

    Offered Both Fall and Spring

  • ACCT-510 Independent Study

    Prerequisites:

    ACCT 322, ACCT 331 or approval from dept. chair

    Credits:

    3.00

    Description:

    Independent study allows students to expand their classroom experience by completing research in an area of interest not already covered by Suffolk courses. The student designs a unique project and finds a full-time faculty member with expertise in that topic who agrees to sponsor it and provide feedback as the proposal is refined. A well designed and executed research project broadens and/or deepens learning in a major or minor area of study and may also enhance a student's marketability to potential future employers. Students cannot register for an Independent Study until a full proposal is approved by the faculty sponsor, department chair, and academic dean. Many Independent study proposals require revisions before approval is granted; even with revisions independent study approval is NOT guaranteed. Students are strongly encouraged to submit a proposal in enough time to register for a different course if the proposal is not accepted. For complete instructions, see the SBS Independent/Directed Study Agreement and Proposal form available online.

  • ACCT-560 Accounting Practicum

    Prerequisites:

    Instructor's consent required

    Credits:

    0.00

    Description:

    Fulfills the requirement that accounting majors must complete 150 hours of pre-professional or professional accounting experience prior to graduating. Experience may be acquired through an internship, part- or full-time employment, or a cooperative education position. Students register for ACCT 560 Accounting Internship during the semester in which they complete the required 150 hours. This experiential component carries no academic credit, does not require any tuition, and will be graded pass/fail. Approval of this experience must be obtained from the Accounting Department.

    Term:

    Offered Both Fall and Spring

Graduate

  • ACCT-800 Graduate Financial Accounting I

    Prerequisites:

    Restricted to MSA, MST, GDPA, MSA/MST, MSA/MSF, MST/GDPA

    Credits:

    3.00

    Description:

    This introductory-level accounting course provides students with a solid base in accounting fundamentals, including U.S. GAAP, the conceptual framework, nature of accounts, journal entries, and ultimately, financial statements. Provides in depth coverage of the process by which accountants analyze, journalize, post, and summarize transactions. Reviews and analyzes multiple examples of current financial statement presentations. Financial ratio analysis and time value of money techniques will be integral to this learning experience.

    Term:

    Offered Both Fall and Spring

  • ACCT-801 Graduate Financial Accounting II

    Prerequisites:

    ACCT-800 or MSA Program Director permission

    Credits:

    3.00

    Description:

    This is the first of two intermediate-level accounting courses that build on students' learning in ACCT 800, going in-depth into measurement and reporting of asset, liability, and stockholders' equity accounts for external financial reporting purposes. Discusses pronouncements of authoritative sources such as the SEC, AICPA, and the FASB. Introduces students to IFRS and their similarities to and differences from U.S. GAAP. Develops strong critical thinking and problem-solving skills.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-802 Graduate Financial Accounting III

    Prerequisites:

    ACCT-801 or MSA Program Director permission

    Credits:

    3.00

    Description:

    This is the second of two intermediate-level accounting courses. The critical thinking and problem-solving skills developed in ACCT 801 are broadened as this class tackles more complex accounting concepts, including: dilutive securities, earnings per share, investments, revenue recognition, income tax accounting, pensions and leases. Since accounting for many of these areas has been a source of substantial debate and major revisions in recent years, subject matter covered will be topical. Pertinent pronouncements of standard-setting bodies continue to be studied.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-803 Advanced Financial Accounting

    Prerequisites:

    ACCT 801;

    Credits:

    3.00

    Description:

    Builds on all previous courses in the ACCT 800-series. Focuses on accounting for business combinations/consolidations and partnerships.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-804 Cost and Managerial Accounting

    Credits:

    3.00

    Description:

    Examines the concepts and practices of cost measurement: variable costing, cost-volume-profit analysis, setting goals and monitoring performance, standard costing, and variance analysis. Students learn how to work with multiple products; standard mix and mix variances; joint and by-product costing; measurement and control of overhead costs; and constructing operating, working capital, and capital budgets. Students study analysis in support of decisions, such as pricing, setting product line and customer profitability policy, sourcing of products and services, and matching costing systems to strategy.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-805 Auditing and Assurance Services

    Prerequisites:

    ACCT-800 or MBA-640

    Credits:

    3.00

    Description:

    Introduces the field of auditing, with a concentration in auditing historical financial statements in accordance with generally accepted auditing standards, and some exposure to auditing the internal control over financial reporting of large public companies. Covers the environment, standards, regulation, and law of auditing in the US, with some exposure to the international environment. Covers audit planning, risk, and materiality assessments, audit evidence, evaluation of internal control, documentation, and audit reports. Includes researching and resolving practice-oriented problems and practice in using computer-assisted audit techniques and electronic confirmations.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-806 Fraud Examination

    Prerequisites:

    ACCT-800 or MBA-640

    Credits:

    3.00

    Description:

    Examines the pervasiveness and genres of fraud and explores the motivations, opportunities, and rationalizations that facilitate fraudulent behavior. Covers methods of detection, investigation, and prevention of financial statement frauds and other types of financial-related frauds.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-824 Financial Reporting and Analysis

    Prerequisites:

    MBA-650 and ACCT-801 or program director approval

    Credits:

    3.00

    Description:

    Explores the assessment of corporate strategy in respect to creation and retention of value, identification and management of risk, and valuation of companies and financial securities. Students develop a framework for analyzing corporate performance and projecting future performance, assessing quality of accounting and disclosure, and examining research relevant to financial reporting and analysis and equity prices in the public financial markets.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-825 Advanced Topics in Managerial Accounting

    Prerequisites:

    ACCT-804 and ACCT-800 or MBA-640 or program director approval

    Credits:

    3.00

    Description:

    Evaluates the importance of financial information in developing corporate strategies and assessing key performance areas. Students develop a framework to design accounting systems that comply with the corporate strategy and help managers to identify key performance indicators. Students learn how to balance financial and non-financial performance measures. Students also research and study organizational issues around the link between managerial incentives and performance measures.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-861 Leadership in the Financial Professions

    Prerequisites:

    ACCT-802 or program director approval

    Credits:

    3.00

    Description:

    Addresses the leadership skills and knowledge required to serve effectively as senior financial professionals in a challenging global economy. Understanding various leadership styles and their effect on accounting is a key component of this course. We examine accounting policy making and the standard setting process. Discussion includes the roles of the SEC, AICPA, FAF and FASB and also shadow policy makers such as Congress and Political Action Committees and their respective roles in creating accounting policy and practice. Students demonstrate and hone their leadership skills by making presentations to professional panelists on current issues facing the accounting profession.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-865 Accounting Information Systems

    Prerequisites:

    ACCT-800 or MBA-640

    Credits:

    3.00

    Description:

    Describes various transaction processing cycles and their use in the structured analysis and design of accounting information systems. Students gain an understanding of Enterprise Resource Planning softwares, Quickbooks, database design, XBRL, implementations of internal controls, and privacy and data security issues.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-871 Not-For-Profit Accounting and Control

    Prerequisites:

    MBA-640 or ACCT-800

    Credits:

    3.00

    Description:

    Covers unique aspects of financial reporting in not-for-profit organizations and governmental units. Topics include fund accounting, encumbrance accounting, GASB pronouncements, cost accounting, and budgetary control for government and its agencies, healthcare, educational, religious and other not-for-profit organizations. Students learn how to apply the cost benefit analysis in the resources allocation process, program planning, budgeting and reporting systems.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACCT-910 Directed Individual Study in Accounting

    Prerequisites:

    Instructor's approval

    Credits:

    3.00

    Description:

    Enables a student-initiated directed study project. The student and faculty advisor must concur on a written proposal and final report. The project must be approved by the dean of academic affairs prior to registration.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Accounting

  • ACIB-872 International Accounting

    Prerequisites:

    ACCT-800 or MBA-640

    Credits:

    3.00

    Description:

    Imparts an understanding of differences among nations in approaches to disclosure and choices of accounting measurement systems. Students learn about the influence of the IASB and IOSCO on multinational accounting harmonization, contrasting historical cost/purchasing power accounting with other accounting approaches, including current value accounting. Students will assess how differences in industrial and ownership structures affect accounting performance measurement. Students will also analyze risk management, accounting for derivative contracts, consolidation accounting, budgetary control, and transfer pricing in a multinational company.

    Type:

    MBA International Business,MBA Accounting

  • MBA-640 Corporate Financial Reporting and Control

    Credits:

    3.00

    Description:

    Explores the structure and information content of the three principal financial statements of profit-directed companies, namely the income statement, balance sheet, and statement of cash flows. Students learn skills in how to use accounting information to analyze the performance and financial condition of a company, facilitate decision-making, planning and budgeting, and performance appraisal in a managerial context. Students with no prior background in accounting complete a programmed instruction in the mechanics of double entry accounting at the start of the course.

    Type:

    MBA & Global MBA Core

  • TAX-801 Issues in Federal Taxation I

    Credits:

    3.00

    Description:

    Focuses on the federal income taxation of individuals with some discussion of business taxation. Explores the basic structure of individual income taxation, including the individual tax formula, income, deductions, and credits, and provides an introduction to property transactions. Emphasizes how tax laws affect everyday personal and business decisions.

    Type:

    MBA Tax

  • TAX-802 Issues in Federal Taxation II

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Presents further consideration of tax issues as they affect the sole proprietor, including the Alternative Minimum Tax, nontaxable exchanges, basis rules, and passive activities.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-861 Tax Research

    Credits:

    3.00

    Description:

    Examines the history and evolution of the tax policy and budget process in the United States and the players in that process. Considers the issues of fairness, simplicity and efficiency in the context of the current tax system and evaluating past and current tax policy to make recommendations to craft new policy. Emphasizes the ethical dimensions involved in the tax policymaking process.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-862 Taxation of Corporations

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Introduces concepts, principles and practices of taxation of corporations and their shareholders. Covers the effects of taxation on corporate formation, capital structures, distribution and liquidation.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-863 Tax of Pass-Through Entities

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Presents concepts, principles, and practices of taxation of partnerships and S-corporations, including the use of pass-through entities for tax planning.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-864 Tax Practice and Procedures

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Explores strategies of tax practice before the Internal Revenue Service. Covers tax deficiencies, assessments, claims for refunds, rulings, statutes of limitation, penalties, interest assessed, and appeals.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-865 International Taxation I

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Introduces United States tax issues affecting foreign corporations and alien individuals. Compares United States taxing regimes applicable to United States tax residents and non-United States tax residents. Covers other topics including: the concept of sourcing of income, rules for determining whether a foreign corporation or alien individual has a United States trade or business, United States tax implications of having a United States trade or business, the role of income tax treaties, and United States tax issues affecting domestic corporations and United States tax resident individuals on foreign income.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA International Business,MBA Tax

  • TAX-866 State & Local Taxation

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    This course strikes a balance between theoretical concepts and practical, real-world issues and covers the interrelationships between the federal and state taxation systems. Includes the coverage of sales and use taxes, corporate income, franchise taxes, and excise taxes.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-867 Advanced Topics in Corporate Tax

    Prerequisites:

    TAX-801, TAX-861 and TAX-862

    Credits:

    3.00

    Description:

    Examines tax-free and taxable acquisitions/reorganizations in relation to various acquisitive and reorganizational transactions as well as consolidated returns. Covers continuity of enterprise and interest issues in conjunction with the tax treatment accorded a transaction, as well as carryover, basis and compliance provisions.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-868 Estate Planning

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Includes a review and analysis, from an estate planning prospective, of legal principles critical to the development of an effective dispositive plan with a primary focus on past, current and proposed Federal tax law principles (under the income, gift, and estate tax statutes) pertinent to the development of a variety of estate plans. In addition, the course includes the discussion of particular estate planning problems and techniques for the purpose of determining the most effective means of achieving the client's goals.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-870 Federal Income Tax of Estates & Trust

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Presents concepts, principles and practices of income taxation of decedents' estates and trusts. Covers grantor trusts, charitable trusts, income in respect of a decedent, and accounting for income retained or distributed to beneficiaries via issuance of K1s.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-871 Taxation of Estates, Trusts and Gifts

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Identifies concepts, principles and practices of the transfer taxation of decedents' estates, trusts and lifetime gifts. Covers valuation of property subject to estate and gift taxes, Generation Skipping Transfer Taxes, and the use of trusts for tax planning.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-872 Tax Exempt Organizations

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Studies tax and non-tax issues in the formation of tax exempt organizations. Covers feeder organizations and unrelated business taxable income in depth. Also covers loss of tax exempt status and ceiling limitations on gift giving.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-876 Tax Policy

    Prerequisites:

    TAX-801, TAX-861, and 1 additional TAX course

    Credits:

    3.00

    Description:

    Covers policy considerations in the development of proposed tax legislation. Examines tax policy issues in relation to empirical, political, and legal studies. Explores the tax legislative process.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-879 Personal Financial Planning

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Presents the legal, economic, cash flow, tax, investment and insurance ramifications of life and death. Emphasizes tools and techniques necessary to maximize benefits generated from net worth, cash flow, and employment, and minimize the loss resulting from unforeseen contingencies, death, and retirement. Students participate in class discussions and are required to submit a written financial plan for a hypothetical client.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-910 Individual Study in Taxation

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    1.00- 3.00

    Description:

    Enables a student-initiated directed study project. The student and faculty advisor must concur on a written proposal and final report. The project must be approved by the dean of academic affairs prior to registration.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax