Credits: 3
In-depth examination of tax and accounting research, IRC, and SEC procedures. Extensive practice in issue identification, reading and analyzing primary authority, and communicating results. Business Administration students only.
Prerequisites: ACC 460E (or concurrent) with C- or better, or consent.
Subjects:
- The internal revenue code
- The treasury regulations (proposed, temporary & final)
- Tax services
- Electronic tax databases
- Tax information on the Web
- Writing tax memos
- Judicial authority
- Weight of authority
- Revenue rulings
- Other administrative authority
- Case citations
- Ethics for tax professionals
- Tax planning
- The FASB 109 (Accounting for Income Taxes)
- Current pronouncements
- FARS
- SEC (Edgar)
- LEXIS/NEXIS
- Emerging Issues Task Force (EITF)
- Optional topics: exposure to foreign tax research, expert systems in tax, tax journals & newsletters, transnational business problems