56/ FIELDS OF INSTRUCTION FISHER SCHOOL OF ACCOUNTING College of Business Administration GRADUATE FACULTY 1992-93 Director: D. Snowball. Graduate Coordinator:J. L. Kramer; Graduate Research Professor: A. R. Abdel-khalik. Profes- sors: B. B. Ajinkya; W. R. Knechel; J. L. Kramer; W. F. Messier, Jr.; J. Simmons; E. D. Smith; D. Snowball. Associ- ate Professors:J. V. Boyles; S. S. Kramer; C. L. McDonald. Assistant Professors: K. E. Hackenbrack; G. M. McGill; R. H. Rasch; J. A. Yost. The Fisher School of Accounting offers graduate work leading to the Master of Accounting (M.Acc.) degree and the Ph.D. degree with a major in business administration and an accounting concentration. The M.Acc. degree program offers specialization in each of the three areas of auditing/financial accounting, accounting systems, and taxation. A joint program leading to the Juris Doctor and Master of Accounting degrees also is offered by the Fisher School of Accounting and College of Law. Specific details for the M.Acc., M.Acc./J.D., and Ph.D. programs will be supplied by the Fisher School of Accounting upon request. The M.Acc. and the Ph.D. accounting programs require admission standards of at leastthe following: A combined verbal and quantitative score of 1200 on the Graduate Record Examination (GRE), or a score of 550 on the Graduate Management Admission Test (GMAT). Admis- sion to the M.Acc. or Ph.D. accounting graduate programs cannot be granted until scores are received. Information on minimum GPA standards for admission to the M.Acc. program may be obtained from the office of the Associate Director. Foreign students must submit a TOEFL test score of at least 570 with a minimum of 60 on the first section, 55 on the second section, and 55 on the third section, and a satisfactory GMAT or GRE score. The recommended curriculum to prepare for a profes- sional career in accounting is the 3/2 five-year program with a joint awarding of the Bachelor of Science in Accounting and Master of Accounting upon completion of the 156- hour program. The entry point into the 3/2 program is the beginning of the senior year. Students who have already completed an undergraduate degree in accounting may enter the one-year M.Acc. degree program which requires satisfactory completion of 34 hours of course work. A minimum of 20 credits must be in graduate level courses; a minimum of 16 credits must be in graduate level accountingcourses. The remaining credits are selected from recommended elective courses that vary by area of specialization. Students are cautioned to seek early advisement since many graduate courses are offered only once a year. Requirements for the Ph.D. degree include a core of courses in mathematical methods, statistics, and economic theory; one or two supporting fields selected by the student; and a major field of accounting. Students are expected to acquire teaching experience as part of the Ph.D. degree program. Grants-in-aid will be awarded for this teaching. Foreign students must submit a Test of Spoken English (TSE) test score of at least 220 along with satisfactory GMAT/G RE and TOEFL scores in order to obtain a teaching appoint- ment. Students are expected to enroll in ACG 6940 for a minimum of three credits. Program requirements include fulfillmentof a research skill area and a dissertation on an accounting-related topic. ACG 5205-Advanced Financial Accounting (3) Prereq: ACG 3142. Analysis of accounting procedures for consignment and installment sales, partnerships, branches, consolidations, foreign operations, governmental accounting and other advanced topics. ACG 5385-Advanced Accounting Analysis for the Controller- ship Function (3) A study of planning and control as they relate to management of organizations. Draws from cases and journals to integrate managerial accounting concepts. ACG 5655-Auditing Theory and Internal Control II (3) Prereq: ACG 4652. A continuation of ACG 4652 with detailed coverage of field work procedures for internal control and substantive audit testing, statistical sampling, operational auditing, and audit soft- ware packages. ACG 6026-Financial and Managerial Accounting (3) Prereq: QMB 5200, ECP 6705, MAN 6156, ISM 5021;coreq: MAN5505, FIN 5405, MAR 6805. Designed for MBA students. Financial statement analysis including techniques, cash flow, and impactof accounting principles. Management control systems: planning, budgeting, reporting, analysis, and performance evaluation. ACG 6135-Accounting Concepts and Financial Reporting Stan- dards (3) Prereq:ACG3142. Current developments in accounting concepts and principles and their relevance to the status of current accounting practices. Special topics in financial accounting and current reporting problems facing the accounting profession. Review of current authoritative pronouncements. ACG 6296-Financial Reporting and Auditing for Specialized Industries (3) Prereq: ACG 5205, 5655. Current developments. ACG 6405-Accounting Database Management Systems (3) Prereq: ACG 4451. Investigation of the design and development. ACG 6495-Management Information Systems Seminar (3) Pre- req:ACG 4451. ACG 6625-EDP Auditing (3) Prereq: ACG 4451, 5655. Con- cepts related to auditing in computerized data environments. ACG 6659-Advanced Auditing Topics (3) Prereq: ACG 5655. Current technical issues and review of audit research. ACG 6696-Financial Accounting Issues and Cases (3) Prereq: ACG 5205. A study of recent and projected developments in financial reporting and auditing emphasizing cases, journal ar- ticles, and pronouncements. ACG 6835-Interdisciplinary Considerations in Accounting Theory Development (3) Developments in related disciplines, such as economics, law, and behavioral sciences, analyzed for their contribution to accounting thought. ACG 6845-Accounting and Analytical Methods (3) Utilization of logic, including mathematics, in formulation of alternative accounting valuation models and in clarification of accounting concepts. ACG 6905-Individual Work in Accounting (1-4; max: 7) Prereq: approval of Graduate Coordinator. Reading and research in areas of accounting. ACG 6910--Supervised Research (1-5; max: 5) S/U. ACG 6940-Supervised Teaching (1-5; max: 5) S/U. ACG 6957-International Studies in Accounting (1-4; max: 12) Prereq: admission to approved study abroadprogram andpermis- sion of department. S/U. ACG 7699-Auditing Research (3) Prereq:ACG 7886. An inten- sive study of such topics as the role of auditing, quantitative modeling and behavioral implications of the audit process, statis- tical sampling and other current topics. ACG 7885-Accounting Research I (4) Prereq: ACG 6135. Coreq: FIN 6446. Market use of information, properties of ac- counting information, and market structure. ACG 7886-Accounting Research II (4) Prereq: ACG 7885. Theoretical constructs in accounting, valuation models, informa- tion asymmetry and production, and nonmarket information use. ACG 7887-Research Analysis in Accounting (3) Prereq: ACG 7886. Analysis of accounting research and presentation of student research project results. Financial accounting, managerial ac- counting, auditing, taxation, management information systems, and information economics.