[pic]

Accounting and MIS 626: Tax Accounting I
Course Syllabus - Autumn 2010
Tues/Thurs 7:30 -9:18 am – Schoenbaum Hall 205

Instructor: Stephanie L. Brewer, CPA, CVA
Office: 434 Fisher Hall
Phone: 614-292-3903 (office)
E-mail: brewer.205@osu.edu (preferred method of contact)
Office Hours: Tues. 1:45-3:15 pm; Weds. 3:45 – 5:15 pm / Mondays & Thursdays by appointment

Course Materials:

Required - Smith, Raabe, Maloney, 2011 ed. South-Western Federal Taxation: Taxation of Business Entities, ISBN 0-538-78621-3

Recommended - Smith, Raabe, Maloney, Study Guide, South-Western Federal Taxation 2011: Taxation of Business Entities, ISBN 0-538-47063-1

Course Description:

This course covers the fundamentals of federal income tax and how it influences taxpayer decisions. Emphasis is on individuals and businesses organized as proprietorships, but the rules generally applicable to all taxpayers are covered. Prerequisite: AMIS 521 or equivalent.

Course Objectives:

This course is designed to acquaint the student with the workings and concepts of the federal tax law, especially as it pertains to individuals and business entities and to introduce the student to the workings of the U.S. tax system. Emphasis will be on learning the concepts underlying the tax law, using the current tax formula and its elements, applying tax law to decision models and incorporating tax planning principles into decision-making opportunities.

Students are assumed to be interested in becoming business advisors, with an emphasis on financial and accounting subject matters. No previous tax education is assumed. The course will not turn the student into a tax expert, nor is it designed to prepare one for the taking of professional examinations. The concepts and work habits acquired will form a solid foundation for further study and practice.

Course