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In addition to meeting with your advisor throughout your time at Tippie, you'll also use the course planning worksheet—it will help you know what courses you need to take for your major, as well as help you plan when you'll take them. Plan your course schedule with the worksheet and read about the courses you'll be taking below.
Corporate Accounting track courses
Required courses
Professional Accounting Seminar (ACCT:3100)
Seminar topics, including accounting careers, curriculum, MAC program, internships, CPA examination and other professional certificates, Beta Alpha Psi, ethics, and global standards. Offered fall semesters. Corequisites: ACCT:2200 or ACCT:3200. (1 s.h.)
Income Measurement and Asset Valuation (ACCT:3200)
Accounting rules that determine how economic events and transactions are described in published financial reports; emphasis on revenue and expense recognition, asset valuation, accrual accounting model. Corequisite: ACCT:3400. Requirement: admission to Professional Program in Accounting.
Valuation of Financial Claims (ACCT:3300)
Current and long-term liabilities and stockholders' equity, off-balance sheet financing, cash flow statement, earnings-per-share, financial instruments. Prerequisites: ACCT:3200 and ACCT:3400. Corequisite: ACCT:3100. (3 s.h.)
Financial Statement Analysis (ACCT:3550)
How to analyze published financial statements; practical experience using financial statement information to assess accounting quality, historical performance, forecasted performance, credit risk, firm value.
Accounting for Management Analysis and Control (ACCT:4200)
Advanced topics in cost estimation, measurement, accumulation; use of cost data for decision making, performance evaluation in multi-unit organizations. Prerequisites: (STAT:2020 with a minimum grade of B or ECON:4800 or STAT:4101 or ECON:2800) and (CS:2110 or MSCI:3005). Requirement: admission to Professional Program in Accounting. (3 s.h.)
Elective courses
Choose one from the following lists:
Accounting elective courses
Introduction to Taxation (ACCT:3400)
Federal income taxation of individuals and businesses, including corporations, partnerships, and sole proprietorships; emphasis on developing a broad perspective on structure, administration, and rationale of federal income tax system. Corequisite: ACCT:3200. Requirement: admission to Professional Program in Accounting. (3 s.h.)
Taxes and Business Strategy (ACCT: 3420)
Effect of taxes on business decisions, including investment strategies, capital structure decisions, compensation policies, international business, mergers and acquisitions, and financial reporting. Prerequisites: ACCT:2100.
Auditing (ACCT:4100)
General framework underlying auditing, role of audit standards in planning and conduct of audits, effect of regulation, ethics, liability on audit practices. Prerequisites: ACCT:3300 and (ECON:2800 or ECON:4800 or STAT:2020 with a minimum grade of B or STAT:4101) and MSCI:3100 and ACCT:3100. Requirement: senior standing. (3 s.h.)
Other electives
(8 credit hours from the following)
Additional Accounting electives
Financial Accounting and Reporting (ACCT:3020)
External financial reporting practices in context of decisions by management, current and potential stockholders, financial analysts; emphasis on interpretation, use of financial statements.
Introduction to Taxation (ACCT:3400)
(If not already selected as a specific elective)
Federal income taxation of individuals and businesses, including corporations, partnerships, and sole proprietorships; emphasis on developing a broad perspective on structure, administration, and rationale of federal income tax system. Corequisite: ACCT:3200. Requirement: admission to Professional Program in Accounting. (3 s.h.)
Taxes and Business Strategy (ACCT: 3420)
(If not already selected as a specific elective)
Effect of taxes on business decisions, including investment strategies, capital structure decisions, compensation policies, international business, mergers and acquisitions, and financial reporting. Prerequisites: ACCT:2100.
Tax Practicum (VITA) I (ACCT:3450)
Transformative opportunity to work on real world tax problems with real clients; application of skills learned in classroom to real world problems; development of crucial accounting career soft skills including communication (explaining complicated ideas in simple language), moving out of one's comfort zone, working as a team, and having an appreciation for the importance of community service.
Tax Practicum (VITA) II (ACCT:3451)
Transformative opportunity to work on real world tax problems with real clients; application of skills learned in classroom to real world problems; development of crucial accounting career soft skills including communication (explaining complicated ideas in simple language), moving out of one's comfort zone, working as a team, and having an appreciation for importance of community service.
Advanced Tax Topics (ACCT:3500)
Taxation of corporations and partnerships from organization through liquidation; relative merits of conducting business as C corporation, partnership, S corporation; the alternative minimum tax; introduction to tax research. Prerequisite: ACCT:3400. Requirement: senior standing. (3 s.h.)
Accounting Systems and Analytics (ACCT:3600)
Application of computer technology to accounting and transaction processing systems; information systems infrastructure and trends; problem solving with microcomputer spreadsheets, databases; accounting cycle operations. Prerequisites: (MSCI:3005 or CS:2110) and ACCT:2200 and ACCT:2100. Same as MSCI:3100. (3 s.h.)
Auditing (ACCT:4100)
(If not already selected as a specific elective)
General framework underlying auditing, role of audit standards in planning and conduct of audits, effect of regulation, ethics, liability on audit practices. Prerequisites: ACCT:3300 and (ECON:2800 or ECON:4800 or STAT:2020 with a minimum grade of B or STAT:4101) and MSCI:3100 and ACCT:3100. Requirement: senior standing. (3 s.h.)
Design and Use of Cost Management Systems (ACCT:4220)
Development of cost accumulation and reporting systems that complement a firm's strategy and structure; how activity-based cost management systems increase competitiveness by helping a firm manage its costs, processes, and people.
Cyber Security (ACCT:4280)
Gain a high-level view of computer security and foster a cyber-security mindset which is in demand across all industries. You will frequently change perspectives from the employee to the CEO, the casual home user, and the hacker throughout this class. We cover a broad range of topics and leave students with actionable items to make their daily digital interactions more secure.
Accounting Ethics and Law (ACCT:4300)
Legal issues involving contracts, sale of goods, agency and partnership law, business structures including corporations and limited liability companies, employment law, and an overview of accountant's legal liability and securities regulation. Prerequisite: MGMT:2000. Requirement: senior standing. (3 s.h.)
Advanced Financial Accounting (ACCT:4400)
Accounting and reporting standards for business combinations, including mergers, consolidations, and multinational enterprises; accounting for partnerships, business segments, transactions denominated in foreign currency, including hedges using foreign currency derivate instruments; reporting standards for interim financial statements and fund accounting applied to government and nonprofit entities. Prerequisite: ACCT:3300. Requirement: senior standing. (3 s.h.)
Research Seminar for Tax Professionals (ACCT:4600)
Understanding of the methodology used by tax professionals to research the Internal Revenue Code, Treasury Regulations, and case law; emphasis on evaluation and application of tax law to specific facts and circumstances to address tax compliance and tax planning opportunities faced by tax practitioners and their clients. (2 s.h.)
Business Analytics
Business Process Automation (BAIS:3025)
Learn to map current business processes and identify areas for software automation utilizing Excel VBA. Mapping and automating business processes can improve an organization by providing for simplified workflow, digital transformation of existing processes, increased service quality, improved service delivery, or reduced costs.
Accounting Systems and Analytics (BAIS:3100)
Application of computer technology and internal controls to accounting and transaction processing systems; auditing of information systems; information systems infrastructure and trends; problem solving with Python and databases; accounting cycle operations.
Information Visualization (BAIS:3140)
Instruments for reasoning about quantitative information; analyzing and communicating statistical information; main typologies of data graphics (data-maps, time-series, space- time narrative, relational diagrams, graphs and methods for dimensionality reduction); language for discussing data visualizations combined with knowledge of human perception of visual objects; how to visualize information effectively by using statistical methods, knowledge of human perception, and basics of data graphics.
Database Management (BAIS:3200)
Learn to design and implement, and use relational database systems. This course emphasizes conceptual, logical, and physical data modeling and hands-on skills with Structured Query Language (SQL).
Data Mining (BAIS:3500)
Introduction to predictive analytics methods motivated by problems in operations, marketing, finance, and healthcare; data mining techniques, including classification, regression, and clustering.
Cyber Security (BAIS:4280)
Gain a high-level view of computer security and foster a cyber-security mindset which is in demand across all industries. You will frequently change perspectives from the employee to the CEO, the casual home user, and the hacker throughout this class. We cover a broad range of topics and leave students with actionable items to make their daily digital interactions more secure.
Finance/Risk Management & Insurance
Corporate Finance (FIN:3300)
Advanced managerial decision making; corporate financial policy, dividend policy, agency theory, corporate restructuring, capital structure strategies, mergers and acquisitions, option pricing fundamentals, convertible debt, callable debt, warrants. Prerequisite: FIN:3000. Corequisite: FIN:3100. (3 s.h.)
Principles of Risk Management and Insurance (FIN:3400)
Introduction to risk and insurance; risk identification and evaluation, demand for insurance, effects of limited liability, theory of moral hazard and adverse selection; business and personal risk; insurance as a risk management tool. Prerequisites: ECON:1100 and ECON:1200. (3 s.h.)
Futures and Options (FIN:4210)
Use of options, futures, and other derivative securities in financial management; understanding types of derivative securities, markets, trading technology; applications of risk management and speculation; pricing relations with underlying securities. Prerequisites: FIN:3100 and FIN:3200. (3 s.h.)
Fixed Income Securities (FIN:4220)
Theories of fixed income securities, term structure of interest rates; asset pricing models, valuation of fixed income securities and contingent claims, fixed income portfolio management, immunization strategies, yield curve analysis. Prerequisites: FIN:3000 and FIN:3100. (3 s.h.)
International Finance (FIN:4240)
International monetary systems, exchange rate determination, use of currency derivative in hedging and risk management, currency swaps, foreign direct investment, international corporate finance, international capital budgeting, international portfolio investment, Third World debt, privatization, joint ventures. Prerequisites: FIN:3000 and FIN:3100. (3 s.h.)
Applied Equity Valuation (FIN:4250)
Equity valuation and portfolio management techniques by investment professionals; economic forecasting, industry analysis, financial statement analysis, spreadsheet modeling, cost of capital estimation, equity valuation and portfolio construction; students manage the University of Iowa's Krause Fund (an endowed equity portfolio that blends academic rigor with real-world portfolio management experience). Prerequisites: FIN:3100 and FIN:3000. Requirement: UI cumulative GPA of at least 2.80. (3 s.h.)
Investment Banking (FIN:4330)
How investment banks fill critical roles in maintaining well-functioning financial markets and provide access to capital and strategic advice to companies and governments; recent global financial crisis; how banker's role as intermediary between companies and markets adds value and creates conflicts and risk. Prerequisites: FIN:3100 and FIN:3300 and FIN:3000. (3 s.h.)
Wealth Management (FIN:4340)
Financial services for client wealth management; how to make personal investment decisions and build diversified, comprehensive investment portfolios; investment theory; common behavioral biases that lead to investment pitfalls, mistakes; wealth management objectives, portfolio risk and reward, asset allocation, portfolio diversification, tax shield structures, retirement plans, wealth protection, risk management, behavioral finance, psychology of investing. Prerequisites: FIN:3000 and FIN:3100. (3 s.h.)
Other
Individuals, Teams, and Organizations (MGMT:3200)
Theories of organizational behavior applied to current business trends for individuals, teams, organizations; personality, managing diversity, work-family conflict, self-managed teams, charismatic leadership, work motivation, managing conflict, organizational culture. Prerequisites: MGMT:2000 and MGMT:2100. (3 s.h.)
Economic and Business Forecasting (ECON:3355)
Development and utilization of forecasts of business and economic variables; application of modern statistical methods and software to quantitative forecasting problems. Prerequisites: ECON:1100 and ECON:1200 and (ECON:3300 or ECON:4800 or MSCI:2800 or STAT:3200). (3 s.h.)
Dynamics of Negotiations (MGMT:4100)
Predictable aspects and dynamics of bargaining experiences; simulations, experiential exercises to foster skills needed for effective negotiation in almost any situation. Requirement: 90 s.h. completed. (3 s.h.)
Entrepreneurship: Business Consulting (ENTR:4200)
Students provide strategic business consulting services to startup and early-stage companies; exploration of consulting process (proposal development, data collection and analysis, team dynamics, communications with clients, developing recommendations, final report preparation and presentation); projects involving market research and analysis, financial analysis and projections, and strategic business and operations planning. (3 s.h.)