Aug 09, 2022  
Course/Program Inventory 
Course/Program Inventory

ACCT 2414 - Accounting Practice III

Credit hours: 4

Prerequisites: ACCT 2413 Accounting Practice II  

Course Description:
This course applies accounting practice environment skills and develops advanced accounting problem solving abilities related to practice engagement objectives and outcomes

Student Learning Outcomes:
Students will be able to:

  1. Manage a comprehensive accounting engagement.
  2. Prepare full disclosure financial statements under generally accepted accounting principles (GAAP) or other comprehensive bases of accounting (OCBOA).
  3. Design and prepare necessary working papers to support assertions and conclusions in a practice engagement.
  4. Compose appropriate client-directed written communication documents including engagement letters, representation letters, and documentation of understanding with client relative to non-attest services, tax return transmittal letters, and appropriate client billing statements.