Following are the course descriptions for both the MACC and MTAX programs. Be sure to also download printable PDFs of the MTAX Program Brochure, and MACC Program Brochure.
For more information on curriculum or program requirements for MACC and MTAX, view our academic course catalog for accounting and the course catalog for MTAX.
MACC 501 Communications and Ethics for Financial Professionals (3)
This course will focus on improving business presentation skills with several oral presentations required during the course. The course will also introduce basic behavioral/communication skills needed to manage yourself and relationships with others in organizations. Skills learned will include self-management, goal setting, strategic thinking, communicating, creative problem-solving, resolving conflicts, team-building, motivating, leading change, and evaluating performance. The development of professional ethics and values will be stressed and will comprise a minimum of one-third of the material in this course. Prerequisite: Admission to the MACC program or the BACC/MACC Combined Program.
MACC 502 Leadership in a Financial Team Environment (3)
This course examines the challenges of creating and leading in a team-based organizational culture. Topics include stages of team development, leadership style, team chartering, conflict management, decision-making, process facilitation, leadership interventions, and team member skills. Teaching methods include assessments, role-plays, case studies, simulations, skill practice, and a project documenting a team leadership experience. Discussion of the interaction of professional ethics and team leader behavior will comprise a minimum of one-third of this course. Prerequisite: Admission to the MACC program or the BACC/MACC Combined Program.
MACC 503 Negotiations: Strategy, Practice, and Ethics (3)
This course is designed to raise your negotiation competency by presenting a comprehensive, logical approach to a wide variety of negotiation situations. Based on experiential learning, the course will use live negotiation situations where students can develop strategies, employ bargaining tactics, and structure agreements. In addition, the course will examine how to integrate the strategic goals of an organization with the strategic goals of your negotiations and to use negotiations to create value. The course will allow students to examine areas of strength and weakness in their own negotiating style. Finally, negotiating strategy and tactics are set in the context of a code of personal and professional ethical conduct with a minimum of one-third of the course devoted to understanding how ethical issues should impact the negotiation process. Prerequisite: Admission to the MACC program or the BACC/MACC Combined Program.
MACC 520 Fundamentals of Personal Financial Planning (3)
This course investigates a broad spectrum of financial planning processes including regulatory, legal, and ethical issues. Other relevant topics include sequencing the financial planning process, communications theory, financial assets, liquidity and cash management, and the effect of a changing economic environment. Prerequisite: FINA 300.
MACC 522 Investment Planning and Risk Management (3)
This course is designed to provide a sound basis for the analysis of publicly traded securities and for the development and management of an integrated portfolio management strategy. Based on experiential learning, the instructor will combine the most recent investment theory and critical thinking with practical security analysis and portfolio management techniques. Integrated throughout the course will be an important new area of financial analysis, behavioral finance, which has critical implications on investment management activities. Included in the course construct are presentations by distinguished and practicing portfolio managers. Prerequisite: FINA 300. May not receive credit for this course and GSBA 521.
MACC 523 Retirement Planning (3)
This course emphasizes the fundamentals of retirement planning from a personal financial planning perspective. Specifically, the course will emphasize the examination of various types of retirement plans and the taxation implications of those plans. Qualified plans as well as plan installations, administration, and terminations will be discussed. The suitability of investment portfolios for qualified plan situations will also be introduced. Prerequisites: FINA 300 and ACCT 306.
- MACC 525 Financial Statement Analysis (3)
This course develops a set of core skills essential to financial statement analysis. It covers strategic ratio analysis, cash flow analysis, pro forma financial statements, financial modeling and firm valuation using discounted cash flow and residual income models, with an emphasis on practical applications. Prerequisite: ACCT 300 and FINA 300.
MACC 530 International Financial Analysis and Reporting (3)
The study of international accounting issues is crucial for effective interpretation and analysis of financial information from companies located around the world. This course adopts a two-fold approach. First, the course examines diverse financial reporting practices with an emphasis on the underlying cultural, political, institutional, and economic factors. Highlighting a user’s perspective, the course then develops a financial statement analysis framework for comparing published financial information of non-U.S. companies. Combining these two approaches will enable students to prepare comparative case analyses based on a country context. Prerequisite: ACCT 300.
MACC 531 Applied Research for Financial Accountants and Auditors (3)
Applied research skills are essential for practicing financial accountants and auditors. This course focuses on helping professional accountants acquire applied research skills that will enable them to access relevant professional guidance, to understand it, and to apply it. Case analyses will be performed by students using the Internet and other relevant research materials. Students will prepare case analysis based upon their research and will present their results in oral presentations and in professional write-ups. Research on relevant ethical issues in the profession will be a critical part of the cases examined in the course. Prerequisite: ACCT 301.
MACC 532 Fraud Examination and Forensic Accounting (3)
Fraud examination will cover the principles and methodology of fraud detection and deterrence. The course includes such topics as skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, payroll and expense reimbursement schemes, non-cash misappropriations, corruption, accounting principles and fraud, fraudulent financial statements, and interviewing witnesses. It also involves discussion of internal controls to prevent fraud, and is designed to give a basic knowledge of skills needed for courtroom testimony. Prerequisite: ACCT 408.
MACC 540 Controllership and Cost Management (3)
This course will focus on current controller ship and strategic cost management topics. Topics to be studied include activity based costing, balanced scorecard, benchmarking, and management control systems. Teaching methods include lecture/discussions, case studies, and presentations. Development of appropriate values and ethics needed by company controllers is included in the course. Prerequisite: ACCT 302.
- MACC 555 Advanced Accounting Information Systems (3)
This course is designed to examine details of information requirements and transaction processing procedures relevant to integrated accounting systems. The course emphasizes accounting system design, analysis, and related internal controls. Prerequisite: ACCT 303.
MACC 560 Tax Research (3)
This course examines research methods used for Federal taxation. Topics include ethics, tax research methodology, primary sources of law, secondary sources of law, and tax practice. Students will use electronic databases and other library resources to research fact patterns in groups and present their findings to the class. In addition, students are expected to do the necessary background reading and take related tests on the topics studied. Prerequisite: ACCT 306.
MACC 561 Partnership Taxation (3)
This course examines tax reporting for non-corporate entities including partnerships, limited liability companies (LLCs), and limited liability partnerships (LLPs), and the taxation of entity owners. Students who complete this course will: 1) understand common partnership, LLC, and LLP terminology; 2) know how and where to research non-corporate tax issues; 3) learn to prepare and review common non-corporate entity tax reports; 4) develop skills in communicating tax issues and answers to clients; 5) understand non-corporate tax planning techniques; 6) understand how to creatively structure transactions consistent with current tax laws; and, 7) understand how the California Board of Accountancy Ethics requirements apply to taxation issues. Problem-based learning (practice problems, cases, and examples) will provide the core methods of classroom instruction. Prerequisite: ACCT 407.
MACC 562 Estate and Gift Taxation and Planning (3)
This course examines the details of three Federal transfer taxes: the estate tax, gift tax, and generation skipping tax. Topics will include transfers subject to the gift tax, valuation of gifts, gift tax exclusion, gift splitting, the gross estate, deductions for transfer taxes, life insurance subject to estate tax, and the determination and payment of the three taxes. Students will be expected to prepare estate and gift tax returns, research issues related to these transfer taxes, and present topics to the class. Prerequisite: ACCT 306.
MACC 563 State and Local Taxation (3)
This course is designed to provide an introduction to the principles of multistate taxation. Specifically, the course will provide: an overview of the impact of federal and state constitutional limitations on multi-state taxation, a fairly comprehensive introduction into the structure, problems and some of the tax planning opportunities for state corporate income taxation of multistate corporations, and an overview of sales and property taxes. Prerequisite: ACCT 306.
- MACC 580 International Accounting Issues (3)
The study of international accounting issues is crucial for effective interpretation and analysis of financial information from companies located around the world. This course examines diverse financial reporting practices with an emphasis on the underlying cultural, political, institutional, and economic factors. This course also studies business operations of multinational corporations, including foreign currency translation, transfer pricing and taxes. Prerequisite: ACCT 300.
- MACC 581 European Business Environments (3)
The primary goal of the course is to immerse students in the European Business Environment from a physical, cultural, and intellectual perspective with an emphasis on doing business in the United Kingdom, France, and Italy. Students will have the opportunity to personally experience the world of European business at the same time they are learning significant facts and concepts in a classroom setting. This will be accomplished by talking to business professionals, hearing lectures by individuals from Europe, visiting major European companies, following the local press, discussing actual business cases, and classroom experiences. In addition, the students will study the differences and similarities of management systems in Western Europe. The course prepares business professionals to recognize the different values and cultural factors that are encountered in the international business community and how these shape and determine appropriate behavior. Prerequisite: ACCT 300
MACC 594 Special Topics (3)
Topics of current interest in graduate accountancy study. Course content and structure will differ depending on instructor. Consult your advisor for course description for any given semester. Prerequisite: Will vary depending on topic selected.
MACC 594 B* International Taxation (3)
This course will focus on the principles relating to the taxation of foreign persons (individuals as well as legal entities) by the United States and the U.S. taxation of income received by U.S. individuals and entities from activities abroad. Topics will include principles of international tax jurisdiction; rules relating to the source of income and deductions; the foreign tax credit; Section 482 and transfer pricing; foreign currency translations; international double taxation treaties and an introduction to controlled foreign corporations. Prerequisite: ACCT 306. * This course is offered on a limited basis.
MACC 598 Professional Accountancy Internship (3)
Applied learning experience working for a business, government, or nonprofit organization in an accounting related position. Grading is Pass/Fail. Prerequisite: Approval of placement by instructor. May only be taken once for 3 units toward degree requirements.
MACC 599 Special Studies (3)
Special or Independent Study usually involving empirical research and written reports. Grading is Pass/Fail. Prerequisite: Permission of instructor and MACC Program Director. May only be taken once for 3 units toward degree requirements.