Saint Louis University Academic Catalog 2024-2025 1

ACCOUNTING (ACCT) ACCT 3160 - International Accounting for Global Organizations

3 Credits
An introduction to understanding and analyzing the managerial and
ACCT 2200 - Financial Accounting financial accounting function from an international perspective, focusing
3 Credits on the International Financial Reporting Standards (IFRS). The course
An introduction to financial reporting of operations, cash flow and content will familiarize you with international accounting regulations and
financial position of corporate entities through general purpose practices as well as expose you to some of the current research on the
financial statements. Emphasis is placed on the real-world environment harmonization of worldwide accounting standards.
of business and the use of financial accounting information for Prerequisite(s): ACCT 2200; 0 Course from 1000-5999
management decision making. Attributes: Int Bus Major Breadth Elective
Prerequisite(s): (Minimum Earned Credits of 30, BIZ 1000, or BIZ 1001)
ACCT 3220 - Cost Management
Attributes: Business Common Body Knowledge
3 Credits
ACCT 2220 - Accounting for Decision Making The study of modern techniques for active management of operating
3 Credits costs to achieve organizational efficiency and effectiveness. Specific
Introduction to the design and use of accounting information within topics include: Cost-Volume-Profit analysis, Just-in-time, identification of
an organization. Emphasis is placed on cost and revenue analysis for cost drivers, life cycle costing and strategic cost management issues.
planning and control of organizational units and activities. Prerequisite(s): ACCT 2220 with a grade of C or higher; (ITM 2500 or
Prerequisite(s): (ACCT 2200 and BIZ 1002 with a grade of S or higher) BTM 2500); 0 Course from 1000-5999
Attributes: Business Common Body Knowledge Attributes: Accounting Major Requirement, Accounting Minor Elective,
ACCT 2930 - Special Topics Consulting and Advisory Conc, Public Accounting Conc
3 Credits (Repeatable for credit) ACCT 3930 - Special Topics
ACCT 2980 - Independent Study 3 Credits (Repeatable for credit)
1 or 3 Credits (Repeatable for credit) ACCT 3980 - Independent Study
Permission of the department chair. 1 or 3 Credits (Repeatable for credit)
ACCT 3060 - Accounting and Business Consulting Permission of the department chair.
3 Credits ACCT 4110 - Financial Reporting II
The goal of this course is to introduce cross-disciplinary advisory 3 Credits
and consulting services to students. This course includes various This course is the second in a three-course sequence which provides
real world case studies using quantitative and analytical techniques. an overview of accounting and external financial reporting. Particular
Upon successful completion of the course, students should be able to attention is given to the study of generally accepted accounting
understand the relation between accounting and business consulting and principles and authoritative pronouncements concerning measurement
develop critical skills useful for consulting practice. and reporting of an entity's liabilities, equity and cash flow.
Prerequisite(s): ACCT 2200 with a grade of C or higher and BIZ 1002 with Prerequisite(s): ACCT 3110 with a grade of C or higher
a grade of S or higher Restrictions:
Attributes: Accounting Major Requirement, Consulting and Advisory Conc Enrollment is limited to students with a program in Accounting or
ACCT 3110 - Financial Reporting I Finance:Fin Analysis Track.
3 Credits
Attributes: Accounting Major Requirement, Accounting Minor Elective,
This course is the first in a three-course sequence which provides an
Consulting and Advisory Conc, Public Accounting Conc, Finance Major
overview of accounting and external financial reporting. Significant
Fin Analysis Req
emphasis is given to the analysis and communication of accounting
information. As the individual topics are discussed, students will be ACCT 4200 - Accounting Data Analytics
expected to identify and explain the significance of related accounting 3 Credits
concepts and conventions. Particular attention is given to a study of The goal of this course is to help students develop an analytical mindset
the body of generally accepted accounting principles concerned with and provide hands-on experience to further develop their analytical
the recognition and matching of revenues and expenses to determine skills. The course focuses on diagnosing problems and issues, analyzing
accounting net income and the related issues of asset measurement. relevant information, making responsible and ethical decisions, and
Prerequisite(s): ACCT 2200 with a grade of C or higher; 0 Course from reporting decision results and recommendations. It synthesizes theory
1000-5999 and application to prepare students for real-world accounting practice.
Attributes: Accounting Major Requirement, Consulting and Advisory Prerequisite(s): ACCT 4110
Conc, Public Accounting Conc, Finance Major Fin Analysis Req Attributes: Consulting and Advisory Conc
2 Saint Louis University Academic Catalog 2024-2025

ACCT 4250 - Accounting Information Systems ACCT 5010 - Accounting for Managers
3 Credits 3 Credits
Study of the theoretical and practical aspects of designing and utilizing This course covers various topics on financial accounting and
financial information systems. Particular attention is directed to internal management accounting. At completion of the course, students are
financial controls and auditing electronic data procesing systems. expected to have a thorough understanding of the information contained
Prerequisite(s): ACCT 3110 with a grade of C or higher; (ITM 2000 or in a set of financial statements and how to interpret and use this
BTM 2000) information. Students are also expected to understand the fundamentals
Restrictions: of management accounting.
Enrollment is limited to students with a program in Accounting. Attributes: MBA Foundation
ACCT 5901 - Masters in Accounting Study Abroad
Attributes: Accounting Major Requirement, Accounting Minor Elective,
3 Credits
Consulting and Advisory Conc, Public Accounting Conc, BTM Major
The course covers selected current topics in accounting. The course is
Standard Elective, BTM Major AES Elective
taught as part of the Masters in Accounting Study Abroad program and
ACCT 4300 - Federal Income Tax I requires travel.
3 Credits Prerequisite(s): ACCT 4110
This course introduces the student to federal income taxation. It is
ACCT 5910 - Masters in Accounting Internship
designed to provide the student with a framework to understand the
1-3 Credits (Repeatable for credit)
structure of the Federal Income Tax system, to integrate income tax
Restrictions:
planning into business decisions, and to evaluate future changes to
Enrollment limited to students in a Master of Accounting degree.
the income tax system (such changes are ongoing and inevitable). This
course is also intended to provide a base for the student's future study of ACCT 5930 - Special Topics
advanced tax topics. 3 Credits (Repeatable for credit)
Prerequisite(s): ACCT 3110 with a grade of C or higher Prerequisite(s): ACCT 4400
Attributes: Accounting Major Requirement, Accounting Minor Elective,
Consulting and Advisory Conc, Public Accounting Conc ACCT 5980 - Graduate Independent Study in Accounting
1-3 Credits (Repeatable for credit)
ACCT 4400 - Auditing
3 Credits ACCT 6030 - Contemporary Financial Reporting
Theory and application of standards and procedures used by independent 3 Credits
certified public accountants in verifying business data to render an This course is a study of advanced level topics on business analysis and
opinion and report on financial statements of the entity being examined. reporting, including fair value accounting, equity-based compensation,
The duties, responsibilities and ethics of the auditor (CPA) and auditing leases, post-retirement benefits, financial risk management and
standards are discussed. derivatives. The course also introduces students to new developments
*
Prerequisite(s): ACCT 4110 with a grade of C or higher and ACCT 4250
* in financial reporting. It is designed to help students develop a deeper
with a grade of C or higher understanding of the structure, features, and limitations of financial
reports and learn to use analytical and quantitative tools to process and
analyze accounting information.
*
Concurrent enrollment allowed. Prerequisite(s): ACCT 4110
Restrictions: ACCT 6110 - Financial Reporting III
Enrollment is limited to students with a program in Accounting. 3 Credits
A study of advanced accounting topics including: accounting for
Attributes: Accounting Major Requirement, Consulting and Advisory
business combinations (mergers and acquisitions), preparation of
Conc, Public Accounting Conc
consolidated financial statements and specific issues related to
ACCT 4910 - Accounting Internship intercompany investments; accounting for selected international events
1-3 Credits (Repeatable for credit) (e.g., foreign currency transactions, translation of financial statements of
This course can be used as elective credit. Participants will have the foreign affiliates, and the use of forward exchange contracts); significant
opportunity to develop new skills through experiential learning under coverage of accounting for not-for-profit entities; and other selected
the direction of a skilled practitioner. The arrangements for the working topics of current interest. Discussion of ethical implications will be
relationship must be established prior to the assignment. included in many of these topics.
Prerequisite(s): ACCT 3110 with a grade of C or higher, BTM 2500 with a Prerequisite(s): ACCT 4110
grade of C or higher, and BIZ 3000 with a grade of C or higher; BIZ 3000
ACCT 6160 - International Accounting
Restrictions:
3 Credits
Enrollment limited to students with a classification of Junior or Senior.
Multidimensional examination of worldwide accounting principles
Enrollment is limited to students with a major in Accounting. and practices. Comparative study of the profession in response to
various socioeconomic environments. Theories of national practices and
Attributes: UUC:Reflection-in-Action progress toward uniformity of accounting auditing, reporting standards.
ACCT 4930 - Special Topics Problems of multinational corporation, inventory methods, currency
3 Credits (Repeatable for credit) translations, consolidated statements, price adjustments, transfer prices,
taxes, and treaties.
ACCT 4980 - Advanced Independent Study in Accounting
Prerequisite(s): ACCT 5010
1-3 Credits (Repeatable for credit)
Permission of the department chair.
 Saint Louis University Academic Catalog 2024-2025 3

ACCT 6190 - Financial Statement Analysis ACCT 6440 - Advanced Audit

3 Credits 3 Credits
This course is designed to integrate the conceptual framework of The objective of this course is to allow students an opportunity to build
accounting with analytical and critical thinking skills to understand upon the knowledge and principles of auditing to engage in a simulated
how to use financial statements in business analysis and valuation. audit. This will help students: (i) enhance understanding and align
This integration focuses on how financial statement users (both auditing concepts with the practice of an audit; (ii) allign assertions
internal and external) evaluate profitability and risks, detect frauds and and specific audit procedures to be performed; (iii) practice audit risk
accounting manipulations, make forecasts, and value a business. This assessment, both at the macro level in regards to client acceptance and
course includes various case studies using analytical and quantitative at a more detail level in using the audit risk model to assess sufficient,
techniques. Students also get exposure to related academic accounting appropriate audit evidence; (iv) apply audit sampling concepts to conduct
research. audit testing of controls,transactions, analytical procedures, and details
Prerequisite(s): ACCT 4110 of balances; (v) prepare an audit report and apply professional guidance;
(vi) develop project management and presentation skills and work in a
ACCT 6200 - Accounting Data Analytics
team environment.
3 Credits
Prerequisite(s): ACCT 4400 with a grade of C or higher
The goal of this course is to help students develop an analytical mindset
and provide hands-on experience to further develop their analytical ACCT 6450 - Accounting Ethics, Fraud and Forensic Accounting
skills. The course focuses on diagnosing problems and issues, analyzing 3 Credits
relevant information, making responsible and ethical decisions, and This course will be a study of the various dimensions of fraud and
reporting decision results and recommendations. It synthesizes theory forensic accounting with an emphasis on situational ethics. Students
and application to prepare students for real-world accounting practice. will be exposed to case studies that will provide a framework for ethical
Prerequisite(s): ACCT 4110 decision-making when faced with compliance with GAAP and other
standards of the accounting profession. It is intended to be an overview
ACCT 6320 - Fed Income Tax: Flow-Thru Ent
course that will expose students to the emerging discipline of forensic
3 Credits
accounting.
A study of federal Income tax as it applies to entities other than
Prerequisite(s): ACCT 4400
individuals, including partnerships, corporations, decedents, estates,
trusts, and retirement plans. Fundamentals of estate and gift taxation are ACCT 6850 - Accounting Capstone
also considered. 3 Credits
Prerequisite(s): ACCT 4300 This course is designed to prepare students for the CPA exam. The
course will use Becker CPA exam review material to assist students
ACCT 6340 - Fed Income Tax: Corp
in passing the CPA exam. The course has three objectives: (i) to help
3 Credits
students apply and synthesize the vast amount of material in the
The primary focus of this course is business taxation. It is imperative for
BS in Accounting and MACC curricula; ii) to cover additional exam
students to achieve a conceptual grasp of how businesses are taxed.
related material not covered in previous courses, and (iii) to help the
Without careful planning, businesses shoulder heavier tax burdens than
student pass the uniform CPA exam on the first attempt. To meet these
necessary. The objective of this course is to gain a solid understanding
objectives, the course is delivered in three modules: Financial Accounting
of the impact of taxes on corporations, partnerships, estates and trusts.
and Reporting (FAR), Regulation (REG), and Auditing and Attestation
Students will also engage in tax planning that will enable them to provide
(AUD).
valuable advice for businesses in terms of tax reduction strategies. This
course is essential for students wishing to pass the CPA exam. ACCT 6930 - Special Topics
Prerequisite(s): ACCT 4300 1-3 Credits (Repeatable for credit)
ACCT 6350 - State and Local Taxation ACCT 6980 - Graduate Independent Study in Accounting
3 Credits 1 or 3 Credits (Repeatable for credit)
The objective of this course is to provide an overview of the principles of
state and local taxation and a more specific sampling of Missouri (and
occasionally) Illinois state tax issues.
Prerequisite(s): ACCT 4300
ACCT 6380 - Wealth Preservation
3 Credits
Methods utilized by estate owner in planning family security and
benefits from the estate. Examines impact of Subtitle B of the Internal
Revenue Code and sections of the code relating to transfer of property for
charitable purposes. Minimizing current and future taxes and preserving
estate values is a primary consideration.
Prerequisite(s): (ACCT 4300 and ACCT 6310)
ACCT 6390 - International Taxation
3 Credits
Covers interaction of the U.S. tax system with foreign tax systems.
Comparative analysis of alternative tax systems is also covered. Special
emphasis is given to topics in foreign tax credit planning and Subpart F.
Prerequisite(s): ACCT 6340