Graduate Certificate Programs in Accountancy and Taxation

Starting in the fall of 2006, the College will offer Graduate Certificate Programs in Accountancy and in Taxation. Each program consist of 12 graduate credits which may be completed in the evening or on weekends. For information on these programs contact Dr. Robert Oliva (rroliva@ualr.edu or 569-3352), Chair of the Accounting Department.

Admission Criteria for Graduate Certificate Programs:

• A bachelor's degree from an accredited institution of higher education with an overall GPA of at least 2.7 (4.0 scale) or a 3.0 in the last 60 hours.
• The GMAT exam is not required. Students who complete a Graduate Certificate program with a GPA of at least 3.25 may enter the MBA program without taking the GMAT.

Graduate Certificate in Accountancy Requirements

Required Core Course (3 credits)

• ACCT 7363 Accounting Theory and Research

Elective Courses (Select 9 credits)

• ACCT 7360 Taxation of Pass-Through Entities
• ACCT 7361 Auditing Theory and Practice II
• ACCT 7362 Advanced Topics in Accounting Information Systems
• ACCT 7364 Advanced Topics in Managerial Accounting
• ACCT 7365 State and Local Taxation
• ACCT 7366 Federal Corporate Taxation
• ACCT 7367 Federal Tax Research, Practice, and Procedure

Graduate Certificate in Taxation Program Requirements:

Required Core Course (3 credits)

• ACCT 7367 Federal Tax Research, Practice, and Procedure

Elective Courses (Select 9 credits)

• ACCT 7360 Taxation of Pass-Through Entities
• ACCT 7365 State and Local Taxation
• ACCT 7366 Federal Corporate Taxation

Courses for Graduate Certificates in Accountancy or Taxation

ACCT 7360 - Taxation of Pass-Through Entities:
Graduate Certificate in Accountancy or Taxation. MBA Elective
Prerequisite or concurrent enrollment: ACCT 7367 - Federal Tax Research, Practice, and Procedure
Study of small business entities, emphasis on partnerships, limited liability companies, and S corporations; includes choice, formation, and operation of above and distributions, sales, and exchanges of ownership in interests, and transfers by death. Emphasis on research and tax planning.

ACCT 7361: Auditing Theory and Practice II:
Graduate Certificate in Accountancy. MBA Elective
Prerequisites: ACCT 3341 and 4351, or their equivalent, each with grade of C or greater.
The expansion of the auditing function, including internal auditing, operational auditing, auditing EDP systems, and statistical sampling. SEC requirements, legal and ethical responsibilities, comprehensive review of auditing, and application of accounting research skills.

ACCT 7362 Advanced Topics in Accounting Information Systems:
Graduate Certificate in Accountancy. MBA Elective
Prerequisite: ACCT 3341 or equivalent with a grade of C or greater.
Accounting systems in a database environment; structured systems analysis and other approaches to systems analysis and design; current developments in computerized systems technology; risks and controls in computerized information systems; application of accounting research skills.

ACCT 7363: Accounting Theory and Research:
Graduate Certificate in Accountancy. MBA Elective
Prerequisite: Undergraduate major in accounting or equivalent.
Investigation of the development of accounting theory. Focuses on the nature and development of accounting theory and its relation to the standard setting process. The relationship of accounting theory to the resolution of current issues is examined. Emphasis on accounting research.

ACCT 7364 Advanced Topics in Managerial Accounting:
Graduate Certificate in Accountancy. MBA Elective
Prerequisite: ACCT 3330 or equivalent with a grade of C or greater.
Continuation of managerial accounting. Use of accounting information for planning and control, profit planning and control, cost/volume/profit and incremental analysis, capital budgeting, responsibility reporting and performance evaluation, transfer pricing, quantitative models, and decision simulation. Application of accounting research skills.

ACCT 7365 - State and Local Taxation:
Graduate Certificate in Accountancy or Taxation. MBA Elective.
Prerequisite or concurrent enrollment: ACCT 7367: Federal Tax Research, Practice, and Procedure.
The constitutional, statutory, regulatory, and judicial principles affecting state and local taxation of business transactions, with emphasis on Arkansas taxation. Emphasis on research and tax planning.

ACCT 7366 - Federal Corporate Taxation:
Graduate Certificate in Accountancy or Taxation. MBA Elective.
Prerequisite or concurrent enrollment: ACCT 7367: Federal Tax Research, Practice, and Procedure.
Study of federal income taxation provisions affecting the formation, operation, liquidation, acquisition, and reorganization of Subchapter C corporations. Emphasis on research and tax planning.

ACCT 7367: Federal Tax Research, Practice and Procedure:
Graduate Certificate in Accountancy or Taxation. MBA Elective
Prerequisite: ACCT 3321, or equivalent, with a grade of C or greater or consent of instructor.
Methods and tools of tax research as applied to both closed fact and controllable fact cases. Methods for locating and assessing relevant authority on specific tax questions is emphasized. Includes a survey of the rules administering the practice before the Internal Revenue Service and the various federal income tax provisions applicable to filing, examination, and appeals.

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