Catalogue 2012 - 2013

AC 413 Fundamental Concepts of Taxation

Credits

3 cr.

Prerequisite

AC 202.

Course Description

This course is an introduction to the fundamental concepts of the federal income tax system, with an emphasis on individual and business situations. Key outcomes include an understanding of income recognition and deferral, the determination of tax liability, and tax planning strategies.

Distribution

MR

Offered

fall and spring semesters.