ACCT 4120 Advanced topics in Accounting

Investment planning and related topics in taxation contained in the U.S. Internal Revenue Code are studied including cost recovery, property transactions, investor losses and retirement, as well as the taxation of federal gift and estate taxes.
An examination of responsibilities in tax practice with emphasis on ethics, preparer penalties, key elements of the Circular 230 and the Statements on Standards for Tax Services are also covered.

Prerequisite(s): ACCT 4100
Credits: 3.0