ACCTG 202: Corporate Financial Reporting
The first part of this course provides a review of the accounting for business combinations. The rest of the course covers new material on accounting for multinationals and foreign currency transactions, segment reporting, corporate liquidation and reorganizations, and partnerships – formation, operations, changes in ownership interests and liquidation.

ACCTG 203: Strategic Management and Accounting Information Systems
This course covers the business strategy, finance, economics, costing and information system concepts that accountants need to master to understand the accounting implications of business transactions. Topics include: choice of business entity, business cycles, strategic cost management and financial modeling and decision-making. In addition, the course provides an overview of accounting information systems with an emphasis on systems design and internal controls.

ACCTG 204:  Governmental and Not-for-Profit Accounting
This course focuses on the accounting and financial reporting issues of governmental units, not-for-profit organizations, colleges and universities, and some health care entities. The course covers fund accounting and financial reporting for state and local units under GASB Statement No. 34 and not-for-profit accounting principles.

ACCTG 205:  International Accounting
This course examines the international dimensions of accounting, including topics such as international financial reporting and harmonization, International Financial Reporting Standards (IFRS), and international financial statement analysis.

ACCTG 206: Advanced Auditing and Forensic Accounting
This course focuses on advanced topics related to the auditing standards promulgated in the U.S. for audits of public companies, private companies, governmental entities, not-for-profit entities and employee benefit plans. In addition, the course focuses on the standards promulgated by the International Auditing and Assurance Standards Board (IAASB) and the differences between these standards and U.S. auditing standards. It also focuses on the application of accounting and auditing skills to detect financial discrepancies and the presentation of fraud cases for criminal proceedings and litigation.

ACCTG 207: Federal Income Taxation of Business Entities
This course examines the concepts and laws related to federal taxation of limited liability entities, C corporations, S corporations, joint ventures, trusts, estates and tax-exempt organizations. Oral and written communication skills are emphasized.

ACCTG 208: Advanced Legal Issues and the Regulatory Framework 
This course examines the legal implications of business transactions, particularly as they relate to accounting, auditing and financial reporting. In addition, students are required to apply the knowledge gained to evaluate the economic substance of client transactions, including purchase agreements, loans and promissory notes, sales contracts, leases and commitments. Oral and written communication skills and professional research skills are emphasized.

ACCTG 209:  Taxes and Business Strategy
This course provides a framework for managerial decision making in a global tax environment. It integrates knowledge of tax laws with the fundamentals of corporate finance and managerial decision making. The course examines business decisions such as location of facilities, employee compensation, mergers and acquisitions, organizational form and capital structure within the tax framework. It is also designed to give students the tools and techniques to identify, understand and evaluate tax planning opportunities. In contrast to typical tax courses, the focus of this course is the impact of taxes on managerial decision making rather than the myriad details of tax laws.

ACCTG 210: Financial Statement Analysis and Valuation
This capstone course is structured to integrate concepts learned in financial accounting, international accounting and various business courses. It is taught primarily using “real world” cases and financial statements. At the conclusion of the course, students will be proficient in valuing a firm using the information in financial statements and will appreciate the different uses of accounting information and their implications.

ACCTG 211: Accounting Professional Ethics and Responsibilities
This capstone course focuses on identifying, researching and appropriately resolving situations that might be unethical or a violation of professional standards. Oral and written communication skills and professional judgment are emphasized.

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Saint Mary's College of California
1928 Saint Mary's Road
Moraga, CA 94575
(925) 631-4000
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