MS/MBA in Auditing & Assurance Services

A Masters program that prepares individuals to be auditors and perform internal and external auditing functions. It gives the candidates the skills needed to pore over financial statements and expense reports to ensure compliance with government regulations. Moreover, this degree enables the candidates to review, analyze and evaluate processes, products, services, systems, organizations and employees. This program will prepare the candidates to pass local and international examinations so that they become locally and internationally recognized Certified Public Accountants (CPAs).


 
 
TOTAL REQUIRED CREDITS FOR GRADUATION (39 credits)
CORE REQUIREMENTS (18 credits)
CODE DESCRIPTION PREREQUISITE CR.
ECO 500 Business Economics Placement
3
FIN 500 Financial Management Placement
3
MGT 500 Contemporary Management Placement
3
MGT 501 Adv. Quantitative Methods in Business Placement
3
MGT 502 Research Methods in Business Placement
3
MKT 500 Marketing Management Placement
3
MAJOR REQUIREMENTS (15 credits)
CODE DESCRIPTION PREREQUISITE CR.
ACC 510 Financial Accounting Theory NONE
3
ACC 554 Financial Accounting & Reporting ACC 510
3
ACC 564 Business Environment Concepts ACC 510
3
ACC 574 Auditing & Attestation ACC 510
3
ACC 584 Regulation & Taxation ACC 510
3
GRADUATION REQUIREMENTS (6 credits)
CODE DESCRIPTION PREREQUISITE CR.
ACC 598 Reasearch Project in Accounting Consent of Advisor
3
ACC 599 Research Thesis in Accounting Consent of Advisor
6
TECHNICAL ELECTIVES
The electives are to be chosen from other concentration courses with the consent of the advisor.
Course Descriptions
ECO 500
Business Economics
Students are presented with advanced concepts and analytical tools of microeconomic theory: demand, supply and equilibrium; opportunity cost; efficiency; perfect and imperfect competition; oligopoly and game theory; risk and uncertainty; economics of information; investment; public goods and externalities. Applications and case studies in managerial decision-making. Furthermore, this course shall emphasize to students the mutual relationship between the macroeconomic environment and business, including how fiscal, monetary, foreign exchange, and other policies of the government interact to help shape the macroeconomic environment. Causes and consequences of inflation and unemployment. Economic growth and technological progress. Open economy, international flow of goods and capital, exchange rates.
Prerequisite: Placement
FIN 500
Financial Management
Concepts and theories applicable to the financial administration of a firm. Cases, problems, and readings to illustrate various financial problems and techniques for solving such problems. Topics include valuation, risk and return, capital budgeting, cost of capital, financial analysis and planning, and working capital management.
Prerequisite: Placement
MGT 500
Contemporary Management
Students are coached to build on the different management theory approaches so that they are capable to integrate appropriate skills for better decision-making, to acquire an understanding of the practices related to leadership and organizational behaviour of the business constituents to manage structure and change affecting business strategies and to develop an understanding of the recent trends in management theory.
Prerequisite: Placement
MGT 501
Adv. Quantitative Methods in Business
Examination of important quantitative approaches to management decision-making. Application of various analytical methods, models, and theories to a variety of management decision areas. Use of tools such as decision theory, simulation, PERT/CPM and linear programming to minimize risk and uncertainty in management activities. Quantitative controls and decision support as applied to the operations of business. Advanced applications in business analysis, decision support, and development of decision support system. Introduction to econometric techniques used in business: Simple and multiple regressions.
Prerequisite: Placement
MGT 502
Research Methods in Business
Applications of research methods to facilitate business enterprise decision-making. Topics include review of the different research methods used (qualitative and quantitative), business environment analysis and problem definition, secondary literature review, data collection methodology as tied to hypotheses defined, questionnaires design, sampling techniques, statistical validation and results interpretation. Several cause-effect techniques studied. Students are to work on a research topic to experiment with these topics.
Prerequisite: Placement
MKT 500
Marketing Management
Controllable and uncontrollable marketing variables in today's business environment. Topics include factors affecting consumer demand and methods of satisfying it, market structure, and product-mix selection, distribution, promotion, pricing, and market research. The course structure, projects, and cases are designed to develop the students' ability to generate effective marketing strategies in the face of uncertainty in group and competitive setting. Marketing planning, marketing research, designing, and marketing policies will be implemented.
Prerequisite: Placement
ACC 510
Financial Accounting Theory

The course deals with the technical skills needed to analyze financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting process. By the end of this course, you'll be able to read the three most common financial statements: the income statement, balance sheet, and statement of cash flows. Moreover, this course includes topics such as: Inventories, Receivables, Plant Assets, Corporations, and Investments.

Prerequisite: NONE
ACC 554
Financial Accounting & Reporting

The course prepares the students to examine a number of complex topics and their effect on financial reporting and disclosure. The topics of the course include Cash & Equivalents, Cost & Equity Method, Foreign Operations, Property Plant & Equipment, Intangibles, Accounting for Leases, Pension & Post-Employment Benefits, and Interim Financial Reporting.

Prerequisite: ACC 510
ACC 564
Business Environment Concepts

This course prepares students to tackle different business concepts pooled together and their effect on financial statements of the firm. The course includes topics related to: Economic Concepts & Strategy, Corporate Governance & Internal Control, Financial Management & Capital Budgeting, Cost Accounting & Performance Measurement, and Planning Control & Analysis.

Prerequisite: ACC 510
ACC 574
Auditing & Attestation

This course provides students with an in-depth understanding of professional standards, the audit process, advanced auditing techniques, and the auditor's role in ensuring that publically issued financial statements are fairly presented. Students will apply auditing procedures to financial statement transaction cycles, and conduct audit sampling and testing techniques. The course includes addition topics such as: Audit Standards & Engagement Planning, Professional Responsibilities & Ethics, Internal Control, and Audit Evidence.

Prerequisite: ACC 510
ACC 584
Regulation & Taxation

This course prepares students to differentiate between the US regulations and standards as well as the computation system of the tax system as imposed by the IRS. The course topics are: US Individual Taxation, US Corporate Tax, S Corporations, Partnership Taxation, Property & Special Tax Transactions, Tax Exempt Organizations, Filing Requirements & Prepares' Penalties, Accountant Liability, Federal Securities Regulations, and Accounting Liability.

Prerequisite: ACC 510
ACC 598
Reasearch Project in Accounting
Students aim to apply theoretical and practical concepts into a selected field of accounting. The final work is a review of secondary literature or building a case study to reveal a trend or a specific behavior characteristic of the working environment. This research may reveal some originality.
Prerequisite: Consent of Advisor
ACC 599
Research Thesis in Accounting
Students conduct a full-fledge research using a specific research methodology to investigate in depth an issue related to accounting practices. Original research
Prerequisite: Consent of Advisor

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