Graduate Course Listings:
ACCOUNTING (ACTG)
Professor: Susan Parker
Associate Professors: Michael J. Calegari, Michael J. Eames (Chair), Yongtae Kim, Haidan Li, Suzanne M. Luttman, Jane A. Ou, James F. Sepe, Neal L. Ushman
Assistant Professors: Siqi Li
Robert and Barbara McCullough Professor: Michael Eames
Dean’s Executive Professor: Christopher Paisley
Professors of Practice: Ken Fowler, Brian Nelson
Lecturer: William O’Brien
Santa Clara University declares its purpose to be the education of the human person within the Catholic and Jesuit tradition. Within the framework of this overall mission, the Department of Accounting aspires to develop the knowledge, skills, values, and attitudes that graduates will need to succeed as competent, ethical professionals in the practice of accounting and as decision makers in business, government, and not-for-profit organizations.
Note: The following courses are required of all MBA students. Please see Waiver Rules in the MBA Curriculum pages.
ACTG 300. Financial Accounting
Introduces the roles, concepts, principles, legal requirements, and impacts of external financial reporting. Covers basic financial statements and the analysis and recording of transactions, with a focus towards interpretation of reported results. Studies the more common and significant transactions impacting firms. Prerequisite: None. (3 units)
ACTG 302. Managerial Accounting
Focuses on the analysis, interpretation and dissemination of financial and non-financial information to enhance the fulfillment of organizational objectives. Considers accounting systems for planning, control, and decision making, and includes topics in relevant costing, cost behavior analyses, inventory costing systems, budgeting, activity-based costing, and performance evaluation. Prerequisite: ACTG 300. (3 units)
Note: The following courses are offered as electives and/or as part of a concentration:
ACTG 303. Corporate Financial Reporting
An in-depth study of the concepts underlying external financial reporting, along with expanded coverage of basic financial statements, detailed analysis of measuring and reporting assets, liabilities, shareholders’ equity, and related revenues and expenses. Takes a decision-making perspective by framing the financial reporting function of accounting in the context of the decision-support role it serves. Not open to students who have taken ACTG 703. Prerequisite: ACTG 300. (3 units)
ACTG 309. Seminar in International Accounting
Examines financial reporting issues facing entities conducting business or raising capital in foreign countries. Includes topics on comparative financial accounting and reporting systems; multinational financial disclosure; selected technical issues including foreign exchange accounting, international transfer pricing, and accounting for inflation; international aspects of managerial accounting and auditing; international accounting organizations; and efforts toward harmonizing accounting standards. Prerequisite: FNCE 451. (3 units)
ACTG 311. Management Accounting: The Finance Function
This course focuses on the firm’s finance function as a strategic resource. It explores the tools and processes used to evaluate, manage, and control the performance of business enterprises, and how to fully utilize the internal financial reporting and decision processes to enhance firm value. Substantial focus will be placed on budgeting and planning systems, variance analyses, performance measurement, compensation, and strategic decision making. Prerequisite: ACTG 302. (3 units)
ACTG 317. Taxation and Personal Business Strategy
Builds a strong foundation of basic principles, transactions, and concepts for the taxation of individuals. Includes analysis of various tax policies and procedures and their economic impact. Does not include coverage of the taxation of business entities (e.g., corporations). Assists in providing the competitive advantage that comes from understanding the importance of tax provisions applicable to successful personal tax planning and minimization. Prerequisite: ACTG 300. (3 units)
ACTG 319. Financial Statement Analysis
Analyzes financial statements and footnote disclosures. Focuses on (1) developing a framework that interprets financial statements as a reflection of a company’s industry, business strategy, and competitive environment; and (2) showing how decision makers can use financial data to evaluate a company’s performance, liquidity, solvency, and valuation. Prerequisite: FNCE 451. (3 units)
ACTG 321. Fundamental Value Analysis
Provides a framework for forecasting financial statements and using these forecasts to determine the fundamental value of the company. Emphasizes relating a firm’s business strategy, growth prospects, and the sustainability of its competitive advantage to its financial ratios and intrinsic value. Prerequisite: FNCE 451. (3 units)
ACTG 696. Experimental Course
Covers special topics; offered on an occasional basis. (3 units)
ACTG 851. Accounting Practices for Effective Decisions
Introduces the roles, concepts, principles, legal requirements, and impacts of external financial reporting. Covers basic financial statements, and analyzing and recording transactions, with a focus toward interpreting reported results. Also covers the more common and significant transactions impacting firms. Continues with a focused study of issues relating to measuring, analyzing and disseminating financial and non-financial information to enhance fulfilling organizational objectives. Considers accounting systems for planning, control, and decision making, and includes topics in relevant costing, cost behavior analyses, inventory costing systems, budgeting, activity based costing, and performance evaluation. Open to AMBA pr
