GENERIC COURSE SYLLABUS
I. Course Course
Course
Prefix Number Name
Credit Lecture Lab
ACC 274 Advanced
Tax Accounting 3 3
0
II. Prerequisite:
Recommended: ACC
244
III. Course Description:
Course examines basic concepts of
corporation income taxation for person in business field or student aspiring to
a business career. General understanding of federal income tax system
assumed. Focus is on tax aspects of
business transactions and on compensation techniques. Content includes basic principles of income
taxation as applied to partnerships, estates and trusts; taxation on transfer
of wealth, both during lifetime and testamentary. Computerized tax software
used.
IV. Learning Objectives:
Students will learn to apply
income tax laws as they relate to the following topics:
A. Partnerships
B. "C" Corporations
C. "S" Corporations
D. Personal Holding Companies
E. Federal Gift Tax
F. Federal Estate and Trust Taxes
V. Academic Integrity:
Students
and employees at
·
cheating,
·
plagiarism
(turning in work not written by you, or lacking proper citation),
·
falsification
and fabrication (lying or distorting the truth),
·
helping
others to cheat,
·
unauthorized
changes on official documents,
·
pretending
to be someone else or having someone else pretend to be you,
·
making
or accepting bribes, special favors, or threats, and
·
any
other behavior that violates academic integrity.
There
are serious consequences to violations of the academic integrity policy.
Oakton’s policies and procedures provide students a fair hearing if a complaint
is made against you. If you are found to
have violated the policy, the minimum penalty is failure on the assignment and,
a disciplinary record will be established and kept on file in the office of the
Vice President for Student Affairs for a period of 3 years.
Details
of the Code of Academic Conduct can be found in the Student Handbook.
VI. Outline of Topics:
In Example --
A. Income Taxation of Corporations
B. Corporate Formation and Capital Structure
C. Corporate Distributions:
Cash, Property and Stock Dividends
D. Corporate Distributions: Stock Redemptions, Partial Liquidations and
Corporate Divisions
E. Complete Liquidations
F. Consolidation Tax Returns
G. S. Corporations
H. Taxation of Partners and Partnerships
I. Special Partnerships, Asset Distributions and Dispositions
of Partnership Assets
J. Estate and Gift Taxation
K. Income Taxation of Estates and Trusts
L. Family Tax Planning
VII. Methods of Instruction:
In Example --
A. Lecture and Discussion
B. Working Problems
C. Case/Research Problems
VIII. Course Practices Required:
In Example --
Students will be required to perform
on a college level in the following skill areas:
1.
2. Writing assignments, including the preparation of a tax
research paper.
3. Basic mathematics.
4. Oral presentations and in-depth discussions of tax problems
and tax issues.
IX. Instructional Materials:
In Example --
A.
Text: Corporation, Partnerships,
Estates and Trusts, 2010 edition, by Hoffman et al.
X. Methods of Evaluating Student
Progress:
In Example --
A. Four Tests (100 points each)
Final Exam (200 points)
Homework (6 points each)
Quizzes (10 points each)
Projects/Cases (50 points each)
Attendance is considered if a
student is between grades.
B. A point scale based on total possible points.
90 - 100% = A
80 - 89% = B
70 - 79% = C
60 - 69% = D
59% & below F
XI. Other Course Information
If
you have a documented learning, psychological, or physical disability, you may
be entitled to reasonable academic accommodations or services. To request
accommodations or services, contact the ASSIST office in the Learning Center.
All students are expected to fulfill essential course requirements. The College
will not waive any essential skills or requirements of a course or degree
program.
Effective
beginning term Summer 2006 ending term
(term)
(year) (term)
(year)
Syllabus
prepared by: Jay Cohen
Reviewed
by Dept/Program chair: Jay Cohen
Approved
by Dean: Bradley P. Wooten May 2006