Accounting & Finance

This course is designed to help students adjust to college, provides information needed to be a successful business student, and introduces students to their chosen program of study. Focus will be on an overview of the Rohrer College of Business, introduction to a culture of professionalism, time management and successful academic skills, overview of major/career exploration, and engagement in Rowan and the business community.

This course will provide students with multifaceted experiences in career planning and development. Students will engage in self-assessment, career exploration, job search strategies and decision making.

This course will provide students with multifaceted experiences in career planning and development. Students will engage in self-assessment, career exploration, job search strategies and decision making.

In this course students will be introduced to business data analytics and use software tools, such as Microsoft Excel, to analyze data to support business decision making.

The Accounting Mentorship Program links College of Business students who are interested in an accounting career with working professionals in the field of accounting. Students enrolling in this course are matched with a mentor who is presently working in an area of accounting in which the student expresses an interest, (such as public, corporate, tax, government, or forensic accounting). Students and mentors communicate via email, phone and in-person meetings, in order for students to obtain a better understanding of the challenges and rewards of accounting as a profession from those presently working as accounting practitioners. This enhanced understanding should help solidify the choice of profession and allow students to begin developing professional networking skills.

This course includes accounting theory and practice in the analysis of business transactions and the recording of business data; complete accounting cycle; interpretation of financial data for sole proprietorships, partnerships, and corporations.

This course includes accounting theory and practice applied to corporations; budgeting and estimating; analysis and comparison of cost and financial data.

This course provides accounting field experience in government, industry or non-profit organizations. Interns are given assignments that prepare them for productive employment upon graduation. The learning process is monitored by an accounting faculty member.

This course provides an introduction to accounting analytics. Accounting data will be identified, described, extracted, transformed, and manipulated using analytical, visualization, and data storage/management technologies to solve business problems. Students will employ ETL, (extract, transform, and load), descriptive, predictive, and exploratory analytical and visualization techniques.

This course includes a review of the accounting process, the preparation of each of the financial statements - i.e., Statement of Financial Position, Statement of Income, Statement of Changes in Owner's Equity, and Statement of Cash Flows - and the specific principles related to the accounting for current assets, current liabilities and long-term liabilities. A special section is devoted to the time value of money as related to accounting.

This course includes the accounting principles related to investments, operating assets, current and long-term liabilities and owner's equity accounts. In addition, special topics cover accounting for leases, pensions and current value accounting.

The course is designed to give the accounting student an introduction to the concepts and tools related to the use, development, and adaptation of computer-based accounting information systems. The course will emphasize information system analysis and design, internal controls, and technology of accounting systems. Students will gain hands-on experience with a commercial accounting software system throughout the course.

This course deals with techniques and systems used for internal control. It views the cost accounting system as the connecting link between planning and control functions of management. Topics include cost accumulation procedures; job order and process cost accounting cycles, variance analysis, master and flexible budgets, cost-volume-profit analysis, and transfer pricing.

This course presents an overview of accounting as an information system useful for decision making. It provides students with an understanding of the basic concepts of financial and managerial accounting from the perspective of a future user of accounting information.

This course introduces students to the basic concepts underlying audit and assurance services and demonstrates how to apply the concepts to these services. It studies the framework of an audit which includes pre-planning, planning, evidence gathering, considering and/or auditing internal controls, performing various audit tests, audit completion, and rendering audit opinions via audit reports, and the use of statistics and audit software in the auditing process. This course also includes the application of auditing principles and procedures through the use of audit software.

This course builds on the knowledge base from Auditing (ACC 03410), to provide students with an in-depth understanding of the auditor's legal liability, the profession's regulatory environment, the audit process using advanced auditing techniques, the auditor's role in ensuring that publicly issued financial statements are fairly presented, and analyzing data to determine the reasonableness of financial information. The course will cover advanced topics concerning complex auditor judgments, data analysis, and the use of audit software tools for sampling and audit procedures.

No course description is available.

This course covers concepts and accounting for business combinations, and specialized financial statement disclosures. It also covers the accounting for inter-company transfers, segment reporting, and interim reporting. It provides an overall review of generally accepted accounting principles in producing consolidated financial statements for the business and non-business organization.

This course provides an introduction to forensic accounting and fraud investigation. It examines the major causes of fraud and white-collar crime and methods to detect and prevent fraud. Tools and systems used in detecting fraud will be discussed. A key component of the course will allow students to understand the ethical and professional responsibility of the accounting profession as it relates to financial reporting. The course provides students exposure to case study, analytics and critical thinking in order to confirm that financial information is presented fairly.

This course provides students with exposure to the critical role of foreign and international business perspectives and enables students to understand and compare the two most commonly applied accounting standards in the world, U.S. GAAP and IFRS. Topics covered will include IFRS, foreign currency transaction, analysis of foreign financial statements, international taxation, and transfer pricing.

This course provides an integrative experience in which students synthesize knowledge from the accounting content areas to interpret, evaluate, and analyze financial information in order to enhance planning and decision making. The course uses case analyses to involve students in active rather than passive learning, and places emphasis on skills in analytical and critical thinking, technology, communication, and teamwork.

This course surveys the tax structure of the United States, emphasizing the Internal Revenue code and regulations that affect federal income tax liabilities of individuals. Basic tax research and preparation skills are a consistent theme throughout the course.

This is an introductory course in the federal income taxation of business transactions relating to corporations, partnerships, LLCs, and estates and trusts. Students will explore tax policy issues, apply basic tax research to specific case problems, prepare common IRS forms and schedules, and develop skills necessary for effective tax planning and its impact on business decisions.

This course introduces the principles of federal income taxation as it relates to business transactions and decision making. Primary emphasis is on individual taxation with an overview of tax considerations and planning for business entities.

This online course is part of the Post-Baccalaureate Accounting CPA Apprenticeship Certificate. It is for students doing an off-site full-time accounting apprenticeship at a pre-qualified company or firm for credit. Full-time work is defined as 34 – 40 hours per week (as defined by the employing organization). The full-time hours worked over an 8-week module (total of 272 to 320 hours) will qualify for 6 CH of academic credit. Only in those cases where a student needs fewer than 6 CH in order to reach 150 total credits will the student be awarded and charged for fewer than 6 CH for a course module. Hours worked will be certified by the employer.

This course takes a managerial approach with emphasis on decision making. It includes financial statement analysis and topics on determination of cost behavior using regression analysis and learning curves, activity-based costing, cost allocation, performance measurement, and the decision making process.

This financial accounting course focuses on the contemporary accounting issues of governmental and non-profit organizations. It includes financial reporting, budgeting, forecasting and strategic planning in the environments of local, state, and federal government, colleges and universities, hospitals, and voluntary health and welfare organizations.

This course will take an expanded study of financial statement analysis from the point of view of the primary users of financial statements: equity and credit analysts. The analysis and use of financial statements will also emphasize the properties of numbers derived from these statements, business and asset valuation, and the importance and use of the notes to the financial statements. Expanded data analytic skills will be emphasized.

This course provides an overview of Federal income tax concepts, including gross income, deductions, credits, gains and losses from dispositions of property, deferred and tax exempt transactions, assignment of income, tax accounting, and other special topics. Emphasis will be placed on interpreting the Internal Revenue Code and Regulations as well as case law. Students will be required to show evidence of scholarly research through a major writing assignment on an emerging tax issue.

This course is designed to give the MBA student an introduction to the important concepts related to accounting information systems, with emphasis on enterprise risk management. An overview of internal control frameworks is used to discuss pervasive, business process and application controls. A methodology for evaluating the risks and controls within a defined business process is demonstrated and applied across the major business processes. Students will gain hands-on experience with a leading Enterprise Resource Planning system and commercial computerized accounting software.

This course provides an overview of accounting problems and concepts related to financial accounting and reporting. It focuses on areas present in the Business Analysis and Reporting (BAR) Discipline section of the Uniform CPA Examination including: (1) Accounting Research, (2) Financial Statements and Select Transactions of For-Profit Entities, (3) Cost Accounting, (4) Financial Statement Analysis and Advanced Data Analytics, and (5) Financial Statements and Select Transactions of Not-For-Profit Entities and State and Local Governments.

This course is a study of the legal liability of accountants and ethical concepts. It will cover the following areas: the ethical role of the professional accountant, professional codes of conduct, ethical decision making, legal and regulatory obligations, and corporate governance and ethical management.

This course provides a broad overview of forensic accounting. It examines current issues of fraud, such as the nature of fraud, types of fraud, identification, detection, and prevention of fraud. The course provides students with exposure to case study, analytics and critical thinking in order to confirm the financial information is presented fairly.

Prerequisite(s): ACC 03405 or (ACC 03210 and ACC 03211) or Test Equivalents

Students will study advanced topics in Accounting. By design, the specific topical course content will change with time. Contact the Business Graduate Office or the Accounting & Finance Department for details.

This course includes the following topics: financial goals; depreciation, taxation and cashflows; financing the firm via short-term, intermediate, and long-term debt, and preferred and common stock; capital budgeting and leasing; dividend policy; and business growth and contraction.

This course provides an introduction to financial analytics. Students in this course will conceptualize, build, and interpret machine learning models relating to finance. Specifically, students will employ ETL (extract, transform, and load), descriptive, predictive, and exploratory analytical and visualization techniques to explore, understand, describe, and predict financial data/performance.

In this course students will investigate new areas and developments in theory, research, and practice in finance. Specialized topics will vary each semester. The topics will be determined by the department and the instructor teaching the course. Course activities include in-depth study of selected topics, case analysis, and research.

In this course students will investigate new areas and developments in theory, research, and practice in finance. Specialized topics will vary each semester. The topics will be determined by the department and the instructor teaching the course. Course activities include in-depth study of selected topics, case analysis, and research.

This course provides field experience in the finance discipline which includes commercial banking, investment banking, brokerage houses, corporations, government, and not-for-profit organizations. Interns are given assignments that prepare them for productive employment upon graduation. The learning process is monitored by a finance faculty member.

This course provides the framework and tools for preparing personal financial plans that serve as road maps for goal achievement. This course emphasizes the dynamics of the personal financial planning process by considering the impact of life changes - birth, marriage, divorce, job and career and death. This course will cover a wide variety of money management topics including budgeting, expenses, debt, saving, retirement, and insurance, among others.

This course discusses the regulations, structure, and operations of commercial banks, which are the largest of all financial institutions. This course also teaches how these economically vital firms manage different kinds of risks such as credit, market, liquidity, solvency, currency, operational and legal. This course also studies the international and global developments in the banking industry.

No course description is available.

An in-depth study of the selected financial management topics using a case and problem-solving approach. The emphasis is on corporate asset management and investment decisions. Topics include risk and return analysis, cost of capital, capital budgeting decision methods, leasing, financial analysis and forecasting, and working capital management.

An in-depth study of selected financial management topics using a case and problem-solving approach. The emphasis is on corporate financing decisions. Topics include capital structure decisions, dividend policy, long-term financing, bankruptcy, reorganization, liquidation, mergers, leveraged buyouts, divestitures, holding companies, and pension plan management.

This course covers a comprehensive survey of the various financial instruments available in the financial markets followed by an in-depth study of practical use of the financial instruments in hedging financial risk. Hedging will be performed from the perspectives of a financial manager and an investor or an investor consultant. Topics include options, futures, swaps, and other hybrid securities and how these securities are used to hedge the risk in a firm or specific financial transaction.

The basic decision-making processes for investment decisions are outlined in this course in terms of investors' needs and market opportunities, security market operations, security valuation, investment time, government and corporate securities company analysis and portfolio management.

This course provides an overview of financial markets and institutions in the U.S. economy. It intends to equip students with a balanced introduction to the operations, mechanics, and structure of the U.S. financial system, emphasizing its institutions, markets, regulators and financial instruments. Another focus of the course is to analyze the major risks faced by financial institutions and the strategies for controlling and managing these risks.

This course studies financial management in the international environment. Topics include foreign exchange risk management, multinational working capital management, international portfolio investment, foreign direct investment, capital budgeting for the multinational corporation, political risk, international financing and international financial markets.

This course is an advanced and elective course for finance majors, and recommended for students who want to pursue careers in insurance and financial planning industries. The course combines the theoretical underpinnings of risk financing with practical applications and examples from business and individual perspectives. Topics include risk in our society, insurance and risk, types of insurers and marketing systems, insurance company operations, financial operations of insurers, government regulation of insurance, fundamental legal principles, analysis of insurance contracts, life insurance, annuity and individual retirement accounts, health insurance, employee benefits, home insurance, auto insurance, commercial property insurance, enterprise risk management, and use of capital market products for risk financing.

This course is an advanced and elective course for finance majors and recommended for students who want to pursue careers in financial planning, asset management or the investment banking industry. The course combines theory of portfolio management with the practical process and issues encountered when managing money in the real world. Topics include formulating investment policy, recognizing risk and return characteristics of investment vehicles, developing asset allocation and security selection strategies using top down fundamental analysis, and evaluating portfolio and manager performance relative to investment objectives and appropriate benchmarks. Investment tools, such as economic indicators, statistical analysis, and ratio comparison will be introduced in computer labs.

The objective of this course is to introduce students to the multiple areas of application of technology in finance. Topics include electronic markets, digital cash, disruptive innovation/disintermediation, automated investing, blockchain/DeFi/smart contracts, crowdfunding, payments, money transfers, InsurTech, borrowing/lending/capital allocation, political/regulatory frameworks, privacy, risks, societal implications, pitfalls in autonomous finance, choices under uncertainty, behavioral biases, manipulation, and surveillance.

The objective of this course is to introduce students to the functionality and applications of bitcoin and other cryptocurrencies. Topics include basics of cryptography and cryptographic primitives used in distributed cryptocurrency systems, history of digital money, the design and function of the bitcoin system, anonymity, politics and regulation related to cryptocurrencies, extensions of the bitcoin system for non-monetary uses, altcoins. In addition, since the cryptocurrency markets provide free market data feeds, the course will include discussion and practice on building algorithmic trading systems.

Students in this course will learn valuation techniques including adjusted present value, equity cash flows, and real-option valuation. In addition to comparing alternative valuation techniques and the assumptions and limitations underlying each, students will explore the technical difficulties and incentive effects caused by high leverage, the relation between capital structure and capital costs, the interaction between a firm's financial structure and its business strategies, the conditions contributing to potential under or over-valuation of a firm's prospects by the market, and the managerial consequences of such misvaluation.

Financial planning is the process of meeting life goals through the proper management of finances. Life goals can include buying a home, saving for your child's education or planning for retirement. Through sound financial planning individuals can make decisions that will produce their desired results. In this course, students will learn foundations of financial planning, managing basic assets, managing credit, managing insurance needs, managing investments and prepqring for retirement and estate planning.

No course description is available.

The objective of this course is to teach students the fundamentals of quantitative finance. The topics covered in the course include asset returns and time value of money, probability and statistics in their applications to financial analysis, portfolio theory and asset pricing models, regression and econometrics for financial data analysis, structure and pricing of financial derivatives, risk quantification and management.

This course includes the following topics: estimation of project cash flows, interest, annuity, and present value calculations, evaluation of projects under conditions of certainty and risk, strategic planning in capital budgeting, and leasing.

In this course students will learn forward, future, option and swap contracts, and hedging, arbitrage, and derivatives-pricing models. In addition, securitization and risk management concepts will be covered. Students will learn how to model and evaluate derivative instruments and their applications to corporate strategy and risk management.

The objective of this course is to teach students the fundamentals and practice of building financial models by using Microsoft Excel. Students become familiar with the built-in-functions of Excel and learn how to use them in financial model building with a hands-on-approach. The topics covered in the course include financial statement modeling, cost of capital, capital budgeting modeling, leasing, valuation analysis, portfolio modeling, capital-asset pricing models, option-pricing models, real options modeling, bonds, and term structure modeling.

The objective of this course is to examine the managerial implications pertaining to the financial operations of the multinational firms of the investments in the international arena. The standard topics in international finance, such as exchange rate determination, foreign exchange risk (exposure), hedging techniques (using derivatives), international corporate valuation and capital budgeting, and sources of funds and the cost of capital in the international bond, stock, and money markets, are examined from a managerial point of view.

In the course, students will learn about the many roles financial service-providers play in the economy today. Students will examine how and why the financial services marketplace as a whole is rapidly changing, becoming new and different as we move forward into the future. Students will also learn the techniques how to measure and manage various financial risks the modern financial institutions face in today’s globally competitive financial environment, such as interest rate, market, credit, liquidity, off balance sheet, foreign exchange, sovereign, technology and other operational risks.

The objective of this course is to teach students the fundamentals of fixed income markets, covering different fixed income security types, and the mathematics of their evaluation and risk management. The topics covered in the course include fixed income security valuation, term structure of interest rates and the yield curve, fixed income risk quantification and management, securities with embedded options, credit derivatives, interest rate derivatives, and portfolio management.

Students will study advanced topics in Finance. By design, the specific topical course content will change with time. Contact the Business Graduate Office or the Accounting & Finance Department for details.

In this course students will analyze and develop an ability to deal with the following topics: investment values and market price with regard to risk, return, portfolio diversification, taxes and inflation. Students will also examine the role of fixed income securities versus common stock prices, yields, returns and valuations, warrants, options and future contracts, U.S. and foreign securities markets, and the rapidly developing science of portfolio management as it applies to both the firm and the individual.

This course includes the study of the legal aspects of sales, liability, secured transactions, commercial paper and consumer credit.