Jul 16, 2024  
ARCHIVED 2022-23 Undergraduate Catalog 
    
ARCHIVED 2022-23 Undergraduate Catalog [ARCHIVED CATALOG]

ACC 415 - Tax Accounting II (3)

Prerequisites: ACC 232  and ACC 315 , each with a C- or higher, or permission.
This course provides basic instruction in tax laws used in preparing taxes for partnerships, “C” corporations, “Subchapter “S” corporations and limited liability companies (LLC). Upon completion of this course, students will be able to:

  • Identify the fundamental differences in tax characteristics across entity types
  • Explain the tax advantages and disadvantages across entity types.
  • Compute taxable income under various entity types
  • Analyze various tax situations and recognize the income tax ramifications