ACC 6319 - Taxation of Entities

Credits: 3 Class: 3 Lab: 0
Prerequisite(s): Acceptance to the Master of Professional Accountancy Program.
This course studies the federal laws of the United States and rules that pertain to federal income taxation of Regular (C) Corporations and flow-through entities to include Partnerships, Limited Liability Companies (LLCs), and S Corporations. In addition, the course covers the federal taxation of Estates and Trusts. The course emphasizes the determination and computation of the aforementioned and provides students with an understanding of the appropriate manner of their reporting. Special emphasis is placed on ensuring students have sufficient knowledge of federal taxation for success in passing these areas of testing on the Uniform Certified Public Accountant (CPA) Examination.