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UGRD > AF
Accounting/Finance
AF 201 Personal Finance
Description:
Introduces students to planning and managing personal and family finances. Topics include insurance and estate planning, relationships with banks, issues in home ownership and real estate, the fundamentals of investing in stocks and bonds, tax planning, leasing as compared with buying automobiles, and financing college education. This course cannot be counted toward the finance or accounting concentration in the College of Management. More Info
Offered in:AF 210 Financial Accounting
Description:
Presents the theory and techniques of financial accounting. The course encompasses the basic functions of collecting, processing, and reporting accounting information for interested third parties (e.g. owners, investors, and government) and enables students to analyze, interpret, and use accounting information effectively. More Info
Offered in:AF 211 Managerial Accounting
Description:
Presents the theory and technique of managerial accounting, from the particular perspective of the manager. The course covers the identification and analysis of the behavior of costs within the organization, and illustrates how managers use such knowledge for planning and control. Major topics include responsibility accounting, comprehensive and cash budgeting, standard job order and process cost systems, cost-volume-profit analysis, cost allocation, activity-based costing, standard costs, and variance analysis. More Info
Offered in:AF 301 Introduction to Financial Management
Description:
Introduces financial management (both short term and long term), specifically what an organization invests in, and how the necessary funds are best raised; the course also acquaints students with various kinds of securities and the operation of financial markets and institutions. Specific topics include ratio analysis, working capital management, financial markets and institutions, the time value of money and capital budgeting, the cost of capital, financial leverage and capital structure, and dividend policy. More Info
Offered in:AF 310 Intermediate Accounting I
Description:
This is the initial course in the intermediate accounting sequence, to be followed by AF 311. This course provides knowledge of financial accounting theory, with particular emphasis on the application of theory and on the practical problems arising from the limitations of traditional financial statements. It also provides in-depth analysis of the application of generally accepted accounting principles to asset and current liability items. In addition, students learn to research business problems through the use of the Internet; and discuss ethical issues faced by managers. More Info
Offered in:AF 311 Intermediate Accounting II
Description:
This is the second course in the intermediate accounting sequence. This course continues to develop accounting theory, using principles, concepts, and accounting pronouncements to analyze and resolve accounting issues. Students acquire an understanding of issues unique to corporations and complete the study of the balance sheet by examining long-term debt and equity issues. In addition, they discuss ethical issues faced by managers in today's business world. Continuing emphasis will be placed on computer application skills, research skills and written and oral communication skills. It is recommended that students take AF 301 before AF 311. More Info
Offered in:AF 315 Accounting Information Systems
Description:
This course examines the design, implementation, operation, and control of contemporary computer-based accounting information systems. Students complete projects which require the use of current information technology to solve real world problems. More Info
Offered in:AF 325 Theory of Corporate Finance
Description:
Provides a sound understanding of the principles of and analytical techniques used in financial management. The course describes financial decision making by corporations and shows how it can be used to address practical problems and illuminate institutional aspects of the financial world. Topics include review of valuation concepts, cost of capital, advanced capital budgeting, capital structure theories, dividend policy, IPOs, long-term financing and working capital management. More Info
Offered in:AF 330 Business Law
Description:
Examines the body of law involved in the formation, operation, and termination of business organizations; in contracts; in debtor-creditor relations; in uniform commercial code (sales, commercial paper, secured transactions); in property, estate, and trust; in government regulations; and in issues of CPA liability. Course content encompasses the topics to be found on the CPA law examination. More Info
Offered in:AF 335 Investments
Description:
Provides the student with an understanding of capital market securities, operations, valuation, and investment techniques. Specifically, the course covers definitions of various investment vehicles, operation of the NYSE and NASDAQ markets, portfolio theory (CAPM and APT), valuation of stocks and bonds, and investor capital allocation decisions, including discussions of mutual fund selection. More Info
Offered in:AF 363 Cost Accounting
Description:
Examines the design, implementation and operation of cost accounting systems. With primary emphasis on cost analysis in manufacturing, the course explores cost standards, actual performance, and variances. To a lesser extent, it also applies concepts of cost accounting to manufacturing and service organizations. More Info
Offered in:AF 410 Advanced Accounting
Description:
Develops in depth understanding of financial accounting and reporting in the following areas: business combinations, consolidated financial statements, foreign currency transactions, translation of financial statements of foreign affiliates, reorganization and liquidation, partnerships and other advanced areas. Continues to build on skills acquired from AF 310 and 311 while providing comprehensive treatment of selected topics. More Info
Offered in:AF 425 Topics in Corporate Financial Management
Description:
Builds on the principles and concepts developed in AF 325 and introduces several new topics including real options, risk management techniques, convertible securities, leasing and mergers and acquisitions. It is recommended that students take AF 335 before AF 425. More Info
Offered in:AF 426 Financial Modeling
Description:
Introduces the principles and techniques for building financial models, especially in an uncertainty framework. Topics include decision support systems, risk analysis and capital budgeting under uncertainty. Integrates financial, accounting and statistical concepts and techniques to construct financial models and to perform analyses using micro-computer based software. More Info
Offered in:AF 433 Accounting for Non-Business Organizations
Description:
Develops the specialized knowledge of finance and accounting necessary for the successful financial management of such non-business organizations as governmental agencies, foundations, hospitals, and universities. The course particularly stresses fund accounting as well as the accounting principles appropriate to such organizations. More Info
Offered in:AF 435 Derivative Securities
Description:
Derivative securities are contracts whose payoffs are derived from the outcome of another security or asset price. This course focuses on the valuation and (mis)use of derivative securities. Specifically the course covers: history of derivatives, valuation of forwards, futures, swap and option contracts and the use of derivative securities to hedge financial risk, particularly interest rate and foreign currency risk. It is recommended that students take AF 335 before 435. More Info
Offered in:AF 445 Markets and Financial Institutions
Description:
Examines the role of financial markets and institutions in the economy. The course focuses on the working of various financial markets and how financial institutions and other users interact with financial markets. Topics include interest rates; term structure of interest rates; money and capital markets; innovations in capital markets; credit risk and asset and liability management; international financial markets; currency fluctuations; and management of currency risk. More Info
Offered in:AF 450 Federal Taxation I
Description:
Studies the law and procedures of the federal income taxation of individual taxpayers. The course presents the income tax concepts of gross income recognition, deductions, tax credits, and the effects of property transactions. More Info
Offered in:AF 451 Federal Taxation II
Description:
Applies the income tax concepts presented in AF 450 to corporations, partnerships, Subchapter S corporations, trusts, and estates. The course introduces the concepts of the federal gift tax and the federal estate tax. More Info
Offered in:AF 455 International Financial Management
Description:
Provides the student with the knowledge and skills needed by managers in organizations active in international trade, facing foreign competition, or involved in foreign direct investment. The course focuses on the unique international variables and constraints which modify single-country financial management concepts. Topics include the determination of exchange rates, forecasting exchange rates, foreign exchange risk management, transfer pricing policies, multinational capital budgeting with cash flows in more than one currency, international financial markets, and country risk in multinational investment decisions. More Info
Offered in:AF 463 Advanced Managerial Accounting
Description:
Continues the study of cost accounting, with emphasis on the managerial application of cost data and financial accounting information to decision making. Includes studies in relevant costs, cost behavior analysis, risk analysis as applied to capital budgeting, inventory management, cost allocation, and variance analysis. More Info
Offered in:- TBA
AF 470 Financial Auditing
Description:
Encompasses both the theory and the technique of financial auditing. The course examines the professional role of the auditor, along with its operational, ethical, and legal implications. Areas typically covered include professional auditing standards, the auditors' report, specialized reporting issues, auditors' legal responsibilities, gathering and evaluating evidence, the internal control structure audit sampling, and the Code of Professional Conduct. Discussions consider issues of judgment typically faced by auditors in practice. More Info
Offered in:AF 475 Real Estate Finance & Investment
Description:
Deals with the financing, valuation, and development of real estate investments. The course examines the theoretical The course examines the theoretical and pragmatic models of valuation, the financial structure of successful developments, and the appropriate models of investment choice and portfolio management for real estate investors. It develops an appreciation of the similarities and differences between real and financial assets, and integrates the techniques of real estate analysis with those of corporate finance. Students are expected to participate actively in analyzing real estate investments and developments through case studies and through interaction with executives from the investment, development, and lending communities. More Info
Offered in:AF 478 Special Topics in Finance
Description:
Addresses a specific topic in accounting or finance. and is offered as one-time supplements to the department's curriculum. More Info
Offered in:AF 480 Accounting Internship
Description:
Provides students with opportunities for full- or part-time work experience in an accounting or finance setting. On-site supervisors and faculty sponsors provide guidance and supervision for each intern. More Info
Offered in:AF 488 Independent Study
Description:
A student-initiated research project on a finance topic, supervised by a member of the finance faculty. The course is open to a limited number of students each semester. More Info
Offered in:AF 495 Financial Policy
Description:
Utilizes the case study method to apply theoretical concepts and techniques learned in previous courses to the analysis of real situations and practical problems in financial management and policy. Some cases will have a strong international focus. This course is intended as a "capstone" course to be taken after all other concentration courses. It provides an opportunity for reviewing, integrating, and putting into practice the skills acquired in previous courses. More Info
Offered in:
