82 courses with the subject ACCTG, each shown exactly as we captured it from the college's catalog, with every element we hold. Where the wording looks broken, that is our reading of the catalog, not the college's text.
Basic concepts, principles, and practices for the recording, summarizing, and interpreting of accounting data.
Accounting for partnerships, corporations, cash flows, certain liabilitie and assets, and the analysis of financial statements. Enforced Prerequisite at Enrollment: ACCTG 151
/Maximum of 9 Formal courses given infrequently to explore, in-depth, a comparatively narrow subject which may be topical or of special interest.
/Maximum of 12 Courses offered in foreign countries by individual or group instruction.
& ACCTG 202 and Introduction to Managerial Accounting 3 BA 100 Introduction to Business 3 ECON 102 Introductory Microeconomic Analysis and Policy 3 ECON 104 Introductory Macroeconomic Analysis and Policy 3 MGMT 301 Basic Management Concepts 3 MKTG 301 Principles of Marketing 3 Select one of the following: 3 3 CYBER 262 Cyber-Defense Studio 3 IST 226 Networking Essentials 3 IST 451 Network Security
This course is a continuation of ACCTG 201 (Introduction to Financial Accounting) with an in-depth analysis and explanation of the statement of cash flows and how understanding cash flows is important for all users (internal versus external). Then, the course emphasizes the use of accounting information for internal purposes (managerial accounting). The course teaches the vocabulary and method of accumulating and allocating costs in a manufacturing company as well as the understanding of budgets and how they can be used to motivate personnel. Among the topics covered are cost behavior, cost- volume analysis, relevant costs, variance analysis, and the use of cost information for decision making (i.e. capital investment, product pricing, etc.). Current issues, careers, and topics for managerial accounting will also be addressed. Students who pass ACCTG 211 may not schedule ACCTG 202. Enforced Prerequisite at Enrollment: ACCTG 201
Introduction to the role of accounting numbers in the process of managing a business and in investor decision making. ACCTG 211 Financial and Managerial Accounting for Decision Making (4)The s objective of this course is to introduce students to the discipline of accounting through an introduction to two of accounting's sub- disciplines, financial and managerial accounting. The more specific purpose is to provide students a basic understanding of the role of financial and managerial accounting information in the decisions of capital market participants external to a business enterprise (e.g., stockholders, banks, financial analysts, prospective stockholders), and in the decisions of those who manage business enterprises. Accounting information has an important role in the resource allocation process in our socio-economic system as a whole, as well as in each individual business enterprise. This course provides students an understanding of (1) the nature of the accounting function, and (2) how the information in accounting reports are used by various decision makers in their resource allocation decisions. In this course students will develop an understanding of (a) the five activity dimensions of accounting (the collection, recording, analysis, interpretation and reporting of information to decision makers for (mainly) their investment decisions), (b) the issues surrounding the five activity dimensions, (c) the environment in which accounting is practiced, and (d) what information is used in a number of specific decision situations, and how such information is used in such decision situations. The analysis, interpretation and decision- making orientation of this course includes a study of the procedural (mechanical and processing) aspects of the recording activity dimension which is an important means to the end --where the end is the analysis and interpretation of the information, and the reports produced by the recording/processing part of accounting. Through this focus on the recording activity dimension, students will obtain an understanding of (a) the nature and quality (strengths and weaknesses) of accounting information, (b) how to proceed in analyzing and interpreting accounting information, and (c) numerous other aspects of financial and managerial accounting. This course is an important background course for all business majors, as well as for numerous non-business majors. Enforced Prerequisite at Enrollment: MATH 21 or a higher math course or a satisfactory score on the mathematics placement examination
The objective of this course is to introduce students to the discipline of accounting through an introduction to two of accounting's sub- disciplines, financial and managerial accounting. The more specific purpose is to provide students a basic understanding of the role of financial and managerial accounting information in the decisions of capital market participants external to a business enterprise (e.g., stockholders, banks, financial analysts, prospective stockholders), and in the decisions of those who manage business enterprises. Accounting information has an important role in the resource allocation process in our socio-economic system as a whole, as well as in each individual business enterprise. This course provides students an understanding of (1) the nature of the accounting function, and (2) how the information in accounting reports are used by various decision makers in their resource allocation decisions. In this course students will develop an understanding of (a) the five activity dimensions of accounting (the collection, recording, analysis, interpretation and reporting of informatio to decision makers for (mainly) their investment decisions), (b) the issues surrounding the five activity dimensions, (c) the environment in which accounting is practiced, and (d) what information is used in a number of specific decision situations, and how such information is used in such decision situations. The analysis, interpretation and decision- making orientation of this course includes a study of the procedural (mechanical and processing) aspects of the recording activity dimension which is an important means to the end --where the end is the analysis and interpretation of the information, and the reports produced by the recording/processing part of accounting. Through this focus on the recording activity dimension, students will obtain an understanding of (a) the nature and quality (strengths and weaknesses) of accounting information, (b) how to proceed in analyzing and interpreting accounting information, and (c) numerous other aspects of financial and managerial accounting. This course is an important background course for all business majors, as well as for numerous non-business majors. Enforced Prerequisite at Enrollment: MATH 21 or a higher math course or a satisfactory score on the mathematics placement examination
This introductory-level course, ACCTG 285 - Introduction to Cyber Fraud, introduces students to the various types of cybercrime that an organization or individual may face along with guidance on what to do once they are uncovered. Topics include an introduction to occupational fraud, malware, viruses, internet schemes, prevention and detection techniques, and artificial intelligence. This course is designed to support any student interested in learning about the challenges a business or individual may face as the result of technology, whether explicitly interested in accounting or not. Enforced Prerequisite at Enrollment: ACCTG 211 and (MIS 204 or MIS 250)
/Maximum of 18 Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.
/Maximum of 9 Formal courses given infrequently to explore, in depth, a comparatively narrow subject which may be topical or of special interest.
/Maximum of 12 Courses offered in foreign countries by individual or group instruction.
Impact of management's financing, investing, and operating decisions on GAAP- based financial statements. This course is a one-semester n condensed version of the traditional two-semester intermediate accounting sequence (ACCTG 371 or 471; and 472) intended for the non- accounting major. Students who have passed ACCTG 371 or 471; and 472 may not take this course for credit. It is a required course for the Finance major. Students will gain a fundamental understanding of the information conveyed in the financial statements and, as a result, develop an appreciation for its usefulness and limitations in decision making. They will also develop the prerequisite knowledge base necessary to conduct financial statement analysis as required in Level I of the Chartered Financial Analyst (CFA) exam. A financial statement user decision-making perspective, rather than the accountant/preparer approach found in the traditional intermediate accounting sequence, is emphasized. Student success in meeting the learning objectives will be assessed through a combination of exams, quizzes, assigned homework problems, and participation. The comprehensive final exam will test the student's comprehension of the relevant material. Enforced Prerequisite at Enrollment: ACCTG 211 and FIN 301
Study of income determination concepts for individuals and corporations, impact of taxation on decisions, elementary research techniques, and ethical standards. ACCTG 310 Principles of Taxation (3) This course is directed to the study of concepts relative to: (a) the determination of taxable income and tax liability, (b) the influence of tax considerations on the decisions of taxpayers, and (c) elementary tax research techniques. Primary emphasis is given to concepts that are fundamental to the federal taxation of income with respect to business entities. Also, basic aspects of the taxation of individuals are introduced.The objectives of this course are to enable students to do the following: 1) apply basic tax rules and regulations to compute the taxable income and federal income tax liability for corporate and individual taxpayers, 2) incorporate tax costs and tax benefits into calculations of the net present value of cash inflows and outflows from taxable activities, 3) recognize tax planning opportunities or problems inherent in common transactions, and 4) appreciate the impact of the basis of accounting on both tax and financial reporting.Typical topics include sources of authority, structure of an income tax, property transactions, choice of entity, distribution of income, selection of jurisdiction, means of financing, and taxation of individuals. Students should be familiar with basic accounting concepts, should understand the nature of financial instruments, and should be
Hands-on course to teach accounting software, applications of spreadsheets and databases in accounting, and surveying of underlying database theory. ACCTG 312 Accounting Technology Lab (3) This is a hands-on course to teach accounting software, applications of spreadsheets and databases in accounting, and surveying of underlying database theory . Enforced Prerequisite at Enrollment: ACCTG 305 or ACCTG 371
Accounting for manufacturing concerns; actual and standard cost systems, and managerial uses of cost data. Enforced Prerequisite at Enrollment: ACCTG 211 or ACCTG 311
Financial accounting methods, theory and concepts; analysis of problems in applying concepts to financial statements and asset accounts. Enforced Prerequisite at Enrollment: ACCTG 211
/Maximum of 9 Formal courses given infrequently to explore, in depth, a comparatively narrow subject that may be topical or of special interest.
/Maximum of 12 Courses offered in foreign countries by individual or group instruction.
Financial compliance, internal, and operational audits; standards and procedures; sampling; EDP auditing; professional issues; application of concepts through written responses. ACCTG 403 Auditing (3)Financial statement, regulatory and contract compliance, internal and operational Undergraduate - The Pennsylvania State University 2026-2027 3491 audits, professional standards and ethical conduct; statistical and judgmental sampling; the audit-impact of information technology; audit risk and internal control structure evaluation; application of procedures in transaction cycles; audit reporting; professional issues. Enforced Prerequisite at Enrollment: ACCTG 371 or ACCTG 471
Financial, compliance, internal, and operational audits; standards and procedures; sampling; EDP auditing; professional issues; application of concepts through written responses. ACCTG 403W Auditing (3) Financial statement, regulatory and contract compliance, internal and operational audits, professional standards and ethical conduct; statistical and judgmental sampling; the audit-impact of information technology; audit risk and internal control structure evaluation; application of procedures in transaction cycles; audit reporting; professional issues. Enforced Prerequisite at Enrollment: ACCTG 371 or ACCTG 471 Writing Across the Curriculum
courses. University Requirements and General Education Notes: US and IL are abbreviations used to designate courses that satisfy Cultural Diversity Requirements (United States and International Cultures). W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement. General Education includes Foundations (GWS and GQ), Knowledge Domains (GHW, GN, GA, GH, GS) and Integrative Studies (Inter-domain) requirements. N or Q (Honors) is the suffix at the end of a course number used to help identify an Inter-domain course, but the inter-domain attribute is used to fill audit requirements. Foundations courses (GWS and GQ) require a grade of 'C' or better.
Impact of federal tax structure on business decisions, research methodology, tax planning; ethical considerations of tax practice. Enforced Prerequisite at Enrollment: ACCTG 405
An examination of the rules and forms used to compute the federal tax liability of corporations and partners. Enforced Prerequisite at Enrollment: ACCTG 310
Introduces students to practical aspects of tax preparation through the IRS' VITA program and completion of a tax research project. Enforced Prerequisite at Enrollment: ACCTG 310
Developing student's expertise in interpreting and communicating accounting and financial information to business professionals.
Understanding flow and documentation of accounting information and internal controls in the context of accounting cycles. ACCTG 422 Accounting Systems (3) This course primarily investigates accounting transactions cycles-processes and procedures by which an organization's financial information is recorded, processed, reported, and disposed of. The processes covered in this course range from manual to fully automated and Web-enabled systems. The documentation and analysis of the accounting cycles for the revenue, expenditure, conversion, and managerial reporting areas are explored via flowcharts and narrative descriptions. The concepts of files, transaction updates, editing, and reporting in the automated accounting systems are explored. The course also covers internal controls in the manual and automated systems. Additional topics may include fraud examination, applicable laws and regulations, and computerized auditing. Enforced Prerequisite at Enrollment: ACCTG 312
This course focuses on helping students develop data analytic skills using accounting data. Data has proliferated in business and managers and accountants need to understand the implications for decision- making and tap into the data to provide better insights into a firm/ client/customer/supplier. This course is intended to provide students with an understanding of data analytic thinking and terminology as well as hands-on experience with data analytics tools and techniques. It is designed to help accounting students develop an analytical mindset and link data analytics to four major subdomains of accounting (i.e., financial, managerial, audit, and tax). It will cover how to use programming software to automate data analytic tasks. Students will learn how to analyze large amounts of data to find actionable insights. The first half of the course introduces the accounting data analytics framework. Under this framework, students will learn the importance of assembling accounting data, the desirable characteristics of data for effective calculations and visualization, and analysis and interpretation of fundamental data analytic tools, such as regressions. The second half of the course focuses on how to apply data analytic skills to the four major subdomains of accounting: financial, managerial, audit, and tax. Respective hands-on examples will be used for demonstration. Students should leave this course with the skills necessary to translate accounting and business problems into actionable proposals that they can competently present to managers and data scientists. Enforced Prerequisite at Enrollment: ACCTG 471 and ACCTG 310 and ACCTG 340 and Enforced Concurrent at Enrollment: ACCTG 403
The exploration of conventional and advanced methods of analyzing financial statements, including the assessment of earnings quality.
Examination of legal liability, EDP, statistical sampling, SEC reporting, internal control, and financial reporting in specialized industries. Enforced Prerequisite at Enrollment: ACCTG 403 or ACCTG 403W
Accounting data are utilized as information in making decisions and as a control mechanism. The focus of this course, however, will be upon the actual production of accounting data. The purpose of the course is to learn how accountants collect relevant data and transform them into reports appropriate for managers and external readers. Procedural details will focus first on the traditional accounting cycle and the journal entries for business transactions and events. Then we shall examine in detail the principle accounting cycles: sales cycle, cash receipts cycle, purchases cycle, cash disbursements cycle, payroll cycle, facilities cycle, general ledger cycle, production cycle. For each cycle, you should be able to explain the relation of the accounting process to the business enterprise, the basic journal entries, the basic internal control features, and the document flow. Enforced Prerequisite at Enrollment: (ACCTG 371 or ACCTG 471) and (MIS 204 or MIS 250)
Management accounting topics such as decision models, quantitative techniques, variance analysis, and their use in accounting. ACCTG 440 Advanced Management Accounting (3) An in-depth examination of accounting techniques used within modern organizations. The course is designed for students interested in pursuing careers in corporate accounting or financial management. The portfolio of managerial accounting procedures, including cost measurement and allocation, budgeting practices, transfer pricing, and variance analyses appropriate to an organization's unique circumstances are derived. The student will learn to apply psychological and sociological theories of behavior to practical problems of control and to apply quantitative methods and models to managerial decision-making. Other topics covered by the course may include, financial management of working capital, long-term assets and liabilities; techniques for managing inventory; and strategic cost management including inter-organizational cost management. Enforced Prerequisite at Enrollment: ACCTG 340 or ACCTG 404 Undergraduate - The Pennsylvania State University 2026-2027 3493
* 3 ACCTG 422 (Spring Only) * * * MIS 250 3 MGMT 471W 3 * General Education 3 Additional Business Course 3
Study of international accounting issues with emphasis on need, use, and interpretation of financial accounting required in global business environment. Enforced Prerequisite at Enrollment: ACCTG 471 and ACCTG 472
Provides an understanding of governmental and not-for-profit accounting theory, procedures, and financial statements. Enforced Prerequisite at Enrollment: ACCTG 311 or ACCTG 471
Old Listing Effective Through Spring 2026: ACCTG 471 provides students with an understanding of generally accepted accounting principles and procedures so that they properly account for and present information in financial statements prepared for external users. The student should acquire a complete understanding of the accounting issues relating to cash, receivables, inventory, plant assets, natural resources, and intangibles. The student should be able to evaluate alternative accounting methods and choose the methods which will best convey the financial information related to the above areas. The student should be able to apply appropriate generally accepted accounting principles and procedures to account for transactions related to the above asset areas. The student should be able to demonstrate an understanding of the transaction analysis, recording, classification, summarization, and reporting procedures in the accounting cycle, and an understanding of the information contained in the financial statements. Undergraduate - The Pennsylvania State University 2026-2027 3313 Finally, student should be able to demonstrate written communication skills required of accountants. Enforced Prerequisite at Enrollment: ACCTG 211 or ACCTG 311 Changes Effective Summer 2026: • Changed Course Description • Changed Prerequisites
Off-balance-sheet financing; special issues in cost capitalization, liabilities, and equities; matching; funds flow statements; statement analysis; inflation accounting. Enforced Prerequisite at Enrollment: ACCTG 371 or ACCTG 471
Reporting for multi-corporate enterprises, business combinations, quasi- reorganizations, and selected contemporary reporting problems.
and Decision Making An accounting based evaluation and decision making approach to analyzing financial statements by studying business and firm valuation.
Study of investigative accounting, consulting and litigation support activities undertaken in forensic accounting engagements. ACCTG 483 Forensic Accounting (3) ACCTG 483 is the exploration of the broad discipline known as "forensic accounting" which includes a variety of investigative accounting, valuation, damage assessment and litigation support services. Forensic accounting is an evolving discipline which is distinguished from assurance services in that it does not involve reporting on the fairness of financial statements. It generally involves the investigation and analysis of financial data for some specific purpose - obtaining an in-depth understanding of information that enables the forensic accountant to prove, disprove or at least confidently speculate about allegations related to the information and to report those findings objectively. Forensic accountants are involved in presenting analyses that might be valuable for such things as settling legal disputes, calculating economic damages, valuing intellectual property, determining the extent of damage or loss due to fraud, or tracing elusive assets or revenue sources. A forensic accountant might also participate in pro-active engagements such as the development of systems and procedures to prevent fraud. The first part of the course deals with the technical and ethical framework of forensic accounting and focuses on the understanding of forensic and investigative accounting including investigation methodology, the nature of fraud, fraud risk factors, financial statement fraud, litigation support and dispute resolution services and development of the skills needed in those professional activities. These skills include the ability to integrate knowledge of accounting, finance, economics, business law and other business disciplines in gathering, analyzing and evaluating evidence and drawing conclusions. The second part of the course focuses on forensic accounting investigation and analysis of financial information in connection with litigation, dispute resolution, estimation of economic damages, or other specific objectives, and the preparation of comprehensive, objective reports of findings and conclusions. Enforced Prerequisite or Concurrent at Enrollment: ACCTG 472 and (ACCTG 403 or ACCTG 403W)
/Maximum of 12 Supervised student activities on research projects identified on an individual or small-group basis.
/Maximum of 6 Supervised student activities on research projects identified on an individual or small-group basis. ACCTG 494H Research Project (1-6)
/Maximum of 18 Supervised off-campus, nongroup instruction including field experiences, practica, or internships. Written and oral critique of activity required. Enforced Prerequisite at Enrollment: prior approval of proposed assignment by instructor
/Maximum of 18 Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.
Supporting Courses and Related Areas Undergraduate - The Pennsylvania State University 2026-2027 1659 Select 6 credits from 200 - 400 level business courses from: ACCTG, 6 BA, ECON, FIN, MGMT, MKTG, or SCM in consultation with an academic adviser and in support of the student's interests dits General Education Connecting career and curiosity, the General Education curriculum 3 provides the opportunity for students to acquire transferable skills 3 necessary to be successful in the future and to thrive while living in 3 interconnected contexts. General Education aids students in developing intellectual curiosity, a strengthened ability to think, and a deeper sense of aesthetic appreciation. These are requirements for all baccalaureate 3 students and are often partially incorporated into the requirements 3 of a program. For additional information, see the General Education Requirements (p. 3371) section of the Bulletin and consult your 3 academic adviser. The keystone symbol appears next to the title of any course that is designated as a General Education course. Program requirements may 4 also satisfy General Education requirements and vary for each program. 3 Foundations (grade of C or better is required and Inter-Domain courses do not meet this requirement.) • Quantification (GQ): 6 credits • Writing and Speaking (GWS): 9 credits 3 Breadth in the Knowledge Domains (Inter-Domain courses do not 3 meet this requirement.) • Arts (GA): 3 credits • Health and Wellness (GHW): 3 credits • Humanities (GH): 3 credits • Social and Behavioral Sciences (GS): 3 credits • Natural Sciences (GN): 3 credits
/Maximum of 9 Formal courses given infrequently to explore, in depth, a comparatively narrow subject that may be topical or of special interest. .
/Maximum of 12 Courses offered in foreign countries by individual or group instruction.
An introduction to the methods and techniques of contemporary research in accounting.
This course prepares DBA students to consume and produce accounting research. Students will also be equipped with a solid understanding of the philosophy of science and know how to design a research study to avoid common threats to validity. Students will also be instructed on the proper etiquette they should employ when serving in the academic community-especially as it pertains to scholarly peer reviews.
Measurement and reporting of financial information for external purposes, with particular attention to current problems in asset and income measurement.
CONCEPTS AND TECHNIQUES OF ACCOUNTING FOR PLANNING, CONTROL, AND MOTIVATION.
ACCTG 566 provides a broad perspective of accounting that spans beyond the Generally Accepted Accounting Principles (GAAP) by exploring the role of financial accounting (and more broadly, corporate disclosure) in the capital markets. This includes discussions about (i) how accounting information flows in the capital markets and why it is so crucial to a well-functioning economy, (ii) key capital market stakeholders, their incentives, and their relation with corporate disclosure, (iii) variou disclosure types and venues and their decision usefulness, (iv) the role of corporate governance in ensuring the provision of useful accounting information, (v) earnings management types, incentives, and settings, (vi) the standard setting process, and (vii) the role of emerging technologies in shaping corporate communications with the market. The course will also expose students to the history of accounting to provide insight into how and why accounting has morphed into its current state. Finally, throughout the course, there will be discussion and tie-ins to academic research on capital markets with an emphasis on corporate disclosure research.
Total Credits 33 Integrated Undergrad-Grad Programs Integrated B.S. in Accounting and M.Acc. in Accounting This Integrated Undergraduate/Graduate (IUG) degree program combines the B.S. in Accounting with the M.Acc. in Accounting offered at the following campuses:
/Maximum of 3 Continuing seminars which consist of a series of individual lectures by faculty, students, or outside speakers.
/Maximum of 9 Creative projects, including nonthesis research, which are supervised on an individual basis and which fall outside the scope of formal courses.
/Maximum of 9 Formal courses given on a topical or special interest subject which may be offered infrequently; several different topics may be taught in one year or term.
/Maximum of 999 No description. s ACCTG 601: Ph.D. Dissertation Full-Time 0 Credits/Maximum of 999 No description.
Choose 1 of the following courses: 3
This course will provide an overview of domestic and international tax policy issues by examining applicable tax reforms, theories of tax law, and interdisciplinary topics. This course will focus on the taxation of individuals including applicable requirements, deductions, and consequences. Additionally, this course will examine relevant tax issues
This course is designed to teach students about the federal income taxation of corporations and provide an overview of federal estate and gift taxation law. Half of the course will be allocated to topics in federa income taxation of corporations and half of the course will be allocated to topics in federal estate and gift taxation. This course will deepen students' understanding of taxed corporate entities by focusing on topics such as mergers and acquisitions; bankruptcy; corporate tax reform; and tax exemption among other topics. Additional topics covered will include valuation; power of appointment and revocation; and tax exclusions and deductions (marital and charitable).
Study of investigative accounting, consulting and litigation support activities undertaken in forensic accounting engagements. ACCTG881
ACCTG 804 provides Master of Accounting in Accounting Analytics (MAA) students with knowledge designed to prepare them for entry- level positions in the rapidly-evolving field of Accounting. The course will give students an overview of basic programming tools and techniques that can scale to larger data sets, specifically related to financial information and reporting systems, and decision making by both entities and individuals. The course will include an overview of the Python programming language, with a focus on Python modules that are relevant for basic data analytics. The course will also provide students with a comprehensive understanding of the Extract-Transform-Load process, including processes related to obtaining data, cleaning data, visualizing data, and analyzing data. The course will also include an overview of blockchain technology as it relates to the Accounting profession. An introduction to the ethical use of data will also be provided during the course.
Total Credits 30
Effects of tax regimes on decision-making, tax planning and market outcomes. Also, ethics, tax research, and policy.
Accounting rules, practices and applications that characterize the accounting presentations that for-profit organizations provide to the public. ACCTG 811 is part of a series of four accounting courses designed to provide students with the core accounting knowledge needed for an accounting career in industry. This course introduces students to the basic principles, procedures, and objectives of financial accounting that govern the reporting of information about a business to individuals, institutions and other external groups. Course content focuses on: upon (1) conveying the conventions and institutional framework that define accounting rules and practice, including basic exposure to Generally Accepted Accounting Principles; (2) developing familiarity with financial statements; (3) teaching fundamental accounting transactions; and (4) training students in rudimentary analysis of the financial statements.
/Maximum of 999 Introduction to U.S. federal income tax, covering the basics of taxation of individuals, corporations, flow-through entities and property transactions. ACCTG 812 is part of a series of four accounting courses designed to provide students with the core accounting knowledge needed for an accounting career in industry. This course introduces students to the U.S. federal income tax system. It discusses the pervasive nature of taxation in the U.S. economy and teaches students how to recognize major tax issues, with an emphasis on understanding how they impact economic decision-making. Course content focuses on: (1) developing familiarity with the tax research process and the basic principles of tax planning, (2) the taxation of individuals, and (3) the taxation of business entities including corporations and partnerships.
/Maximum of 999 Principles of the risk-based approach to the audit of financial statements, with special focus on financial information systems.
/Maximum of 999 Examination of the internal organizational accounting procedures that establish accountability within organizations.
ACCTG 821 provides accounting and law students who are interested in the practice of taxation with an overview of U.S. federal income tax system research. The course focuses on resolving tax law questions in support of economic decision making and tax return position defense. Students learn to conduct and document in-depth legal research and analysis within the domain of tax law. This writing intensive course hones students' writing skills within the domain of tax law and business decision making. Additionally, the course provides an in-depth understanding of the ethical constructs that guide and limit the practice of taxation.
ACCTG 822 provides accounting students with knowledge about the taxation of corporations. The course focuses on the tax law treatment of corporate formations, operations, distributions, mergers, and acquisitions. Additionally, students learn about Accounting Standards Codification Topic 740--Income Tax, planning for corporate structure classification, and related ethical considerations.
ACCTG 823 provides accounting students who are interested in the practice of taxation a survey of the law defining the taxation of pass- through entities including partnerships, S-corporations, limited liability companies, and trusts. The course focuses on the tax law treatment of formation, operations, distributions, mergers, and acquisitions to the entity and its owners. Planning for structure classification and limitations thereof are embellishments to the basic tax law applicable to pass- through entities.
ACCTG 826 provides Taxation students knowledge about international tax. The course focuses on the United States taxation of income earned by foreign individuals and entities (inbound transactions) as well as the taxation of U.S. taxpayers operating in foreign jurisdictions (outbound Graduate - The Pennsylvania State University 2026-2027 881 transactions). Students will learn to evaluate legal jurisdiction, residency, and income sourcing, along with planning to optimize transfer pricing and income deferral. In addition, the course provides for an in-depth understanding of treaty utilization and the foreign tax credit in order to limit the same income being taxed by multiple jurisdictions as well as analyzing ethical considerations relating to international taxation.
ACCTG 827 provides Taxation students knowledge about state and local tax. The course focuses on state taxation of entities and individuals, including constitutional restrictions. In particular, students will acquire the knowledge necessary to recommend solutions that are in conformity with both corporate and personal tax laws. Additionally, the course provides for an in-depth understanding of sales and use tax in order to both promote compliance as well as limit tax exposure to the extent permitted by law.
Total Credits 30
The goal of this course is to advance knowledge in contemporary issues in auditing and in auditing research and case analysis. The focus includes implementing the auditing principles, standards, procedures, and practices, and applying them in case analysis. Topics comprise integrated auditing of financial statements and internal controls; continuous auditing; assurance services on nonfinancial information; auditing of computer-based systems; emphasis on auditing software and computer auditing techniques used to evaluate accounting systems controls and test accounting data integrity; forensic accounting and fraud detection; and the nature and use of expert systems in accounting with emphasis on their use as an audit tool.
Financial disclosure and reporting for complex business enterprises and activities; current issues in financial reporting.
or ACCT 561 Financial Statement Analysis II
/Maximum of 6 Supervised, professionally oriented, off-campus, nongroup instruction, including field experiences, practicums, or internships.
/Maximum of 9 Formal courses given on a topical or special interest subject with a professional orientation that may be offered infrequently; several differen topics may be taught in one year or semester. Accounting - CA (ACCT)
Source: Pennsylvania State University-Penn State Erie-Behrend College's catalog, linked per course · table learning_unit · CourseShelf publish 59
