California University of Pennsylvania
Guidelines for New Course Proposals
University Course Syllabus
Department of Business and Economics
UCC Approval date: 11/19/2019

A. Protocol
Course Name: Advanced Federal Income Tax
Course Number: ACC 715
Credits: 3
Prerequisites: Acceptance to M.ACC Program or MBA Program
Maximum Class Size (face-to-face): 35
Maximum Class Size (online): 35
B. Objectives of the Course:

Accounting Concentration
Goals

MACC Program Goals

MBA1: Integrate concepts within
and across business disciplines to
promote strategic goals and
organizational success by
applying theoretical and practical
models.

ACC 1: Conduct relevant
accounting research, using both
primary and secondary sources.

MACC 1: Apply fundamental
concepts of accounting in a
variety of business scenarios

MBA2: Manage projects using
innovative leadership and
communications skills through
negotiating conflict and
encouraging inclusive teamwork.

ACC 2: Utilize relevant
professional accounting
technology

MACC 2: Conduct relevant
accounting research, using both
primary and secondary sources

MBA3 Make ethical, evidencebased decisions to solve complex
business problems leveraging a
variety of quantitative, qualitative,
and technological tools.

ACC 3: Apply fundamental
concepts of accounting in various
business scenarios
.

MACC 3: Communicate
effectively, in a clear and concise
manner, in both oral and written
form.

ACC 4: Demonstrate an
understanding of how national
and international changes to
accounting policies impact the
accounting profession

MACC 4: Integrate their
accounting knowledge into
ethical decision-making models
to make informed decisions

MBA Program Goals

MACC 5: Use technologies
applicable to professional
accounting
MACC 6: Demonstrate an
understanding of how national
and international changes to
accounting policies impact the
accounting profession.

Upon completion of the course, students should be able to:
1) Identify the benefits among the different business structures (ACC 1, ACC 3, ACC 4). (MACC 1, MACC
2, MACC 3, MACC 5, MACC 6)
2) Identify and describe tax benefits for various businesses (ACC 1, ACC 3, ACC 4). (MACC 1, MACC 2,
MACC 3, MACC 5, MACC 6)
3) Conduct income tax research using both digital and print research tools. (ACC 1, ACC 2) (MACC 2,
MACC 5)
4) Explain income tax regulations clearly and concisely to clients, properly citing the tax regulations (ACC
1, ACC 4). (MACC 2, MACC 3, MACC 5, MACC 6)
5) Analyze transactions and describe the income tax ramifications of those transactions. (ACC 1, ACC 3)
(MACC 1, MACC 2)
6) Summarize the impact of income taxes on financial statements and properly calculate income tax
provisions. (ACC 1, ACC 2, ACC 3, ACC 4) (MACC 1, MACC 2, MACC 3, MACC 4, MACC 5,
MACC 6)
7) Calculate and account for foreign income taxes. (ACC 4) (MACC 6)
8) Prepare various business income tax and information returns, including but not limited to the 1120,
1120S, and 1065. (ACC 2, ACC 4) (MACC 5, MACC 6)
9) Write a client advisory report detailing strategies for the maximization of after tax wealth. (ACC 1)
(MACC 2, MACC 3)
C. Catalog Description:
This course offers the student an introduction to tax planning and tax research, while also incorporating the
financial accounting treatment of income taxes. Topics covered include C Corporations, S Corporations,
partnerships, exempt organizations and the impacts of international transactions. The emphasis on each topic
is on tax research, planning and implementation of strategies, as well as the financial accounting implications
of those strategies.
D. Outline of the Course:
I.

II.

III.

IV.

V.

The taxable entity
a. Types of business structures
b. Tax considerations when selecting and shifting structures
c. Income tax reporting within the financial statements and note disclosures
d. Foreign Income Taxes
Income tax research
a. Identifying the question
b. Utilizing research tools (online and in print)
c. Interpreting the information and identifying primary and secondary sources
d. Documenting and communicating the resolution
e. Follow up
The corporate entity
a. The Form 1120 and 1120S
b. Corporate income tax items
c. Items specific to a C Corporation
d. Items specific to an S Corporation
e. Tax planning
The partnership
a. The Form 1065
b. Pass through accounting
c. The K-1
d. Basis vs Capital accounts
e. Tax planning
Self-employed Taxpayers
a. Filing options
b. The Schedule C
c. Tax planning

E. Teaching Methodology:
I.

Traditional Classroom Methodology
Teaching methodology includes, but is not limited to: lecture, multi-media presentations, quizzes,
homework, in-class activities, discussion boards, group projects, simulation, group presentation and peer
student comments, analysis of readings, case studies, individual projects, and incorporation of internet
resources. Emphasis will be placed on engaging students for involvement and active participation in the
learning process.

II.

Online Methodology
Teaching methodology includes, but is not limited to: voice/video lecture, discussion boards, quizzes,
homework, group projects, case studies, simulation, live classrooms, streaming media, internet research,
research papers, voice/video presentations, voice announcements, voice e-mails, and podcasts. Emphasis
will be placed on engaging students in active learning.

F. Text
Academic subscription to RIA Checkpoint required
Or other similar resources as selected by the instructor
G. Assessment Activities:
1) Traditional Classroom Assessment
The following are examples of assessment strategies that may be used. Individual instructors may
customize different activities.
a. In-Class activities
b. Written assignments and papers
c. Exams and/or quizzes
d. Individual projects
e. Group projects
f. Presentation
g. Case studies
h. Article/Book critiques
i. Research development
2) Online Assessment
The following are examples of assessment strategies that may be used. Individual instructors may
customize different activities.
a. Discussion board participation
b. Written assignments and papers
c. Exams and/or quizzes
d. Individual projects
e. Group projects
f. Presentation
g. Case studies
h. Article/Book critiques
i. Research development

H. Accommodations for Students with Disabilities:
OSD
Revised June 2015
STUDENTS WITH DISABILITIES
Students reserve the right to decide when to self-identify and when to request accommodations. Students
requesting approval for reasonable accommodations should contact the Office for Students with Disabilities
(OSD). Students are expected to adhere to OSD procedures for self-identifying, providing documentation and
requesting accommodations in a timely manner.
Students will present the OSD Accommodation Approval Notice to faculty when requesting accommodations that
involve the faculty.
Contact Information:
•
•
•
•
•
I.

Location:
Phone:
Fax:
Email:
Web Site:

Carter Hall - G-35
(724) 938-5781
(724) 938-4599
osdmail@calu.edu
http://www.calu.edu/osd

Title IX Syllabus Addendum

California University of Pennsylvania
Reporting Obligations of Faculty Members under Title IX
of the Education Amendments of 1972, 20 U.S.C. §1681, et seq.
California University of Pennsylvania and its faculty are committed to assuring a safe and productive educational
environment for all students. In order to meet this commitment and to comply with the Title IX of the Education
Amendments of 1972 and guidance from the Office of Civil Rights, the University requires faculty members to
report incidents of sexual violence shared by students to the University’s Title IX Coordinator, Dr. John A.
Burnett, Special Assistant to the President for EEEO, Office of Social Equity, South Hall 112, Burnett@calu.edu,
724-938-4014. The only exceptions to the faculty member’s reporting obligation are when incidents of sexual
violence are communicated by a student during a classroom discussion, in a writing assignment for a class, or as
part of a University-approved research project. Faculty members are obligated to report sexual violence or any
other abuse of a student who was, or is, a child (person under 18 years of age) when the abuse allegedly occurred
to the person designated in the University protection of minors policy.
The University’s information regarding the reporting of sexual violence and the resources that are available to
victims of sexual violence is set forth at:
•

•
•
•
•
•
•

Office of Social Equity, South Hall 112, 724-938-4014
o Social Equity Home Page
www.calu.edu/SocialEquity
o Social Equity Policies
www.calu.edu/SEpolicies
o Social Equity Complaint Form
www.calu.edu/SEcomplaint
Counseling Center, Carter Hall G53, 724-938-4056
End Violence Center, Natali Student Center 117, 724-938-5707
Student Affairs, Natali Student Center 311, 724-938-4439
Wellness Center, Carter Hall G53, 724-938-4232
Women’s Center, Natali Student Center 117, 724-938-5857
Threat Response Assessment and Intervention Team (T.R.A.I.T.) & Dept. of Public Safety &
University Police, Pollock Maintenance Building, 724-938-4299

o

J.

EMERGENCY: From any on-campus phone & Dial H-E-L-P or go to any public pay phone
& Dial *1. (*Identify the situation as an emergency and an officer will be dispatched
immediately.)

Supportive Instructional Materials, e.g. library materials, web sites, etc.
None
Additional Information for Course Proposals

K. Proposed Instructors:
Qualified business & economics faculty approved by the department
L.

Rationale for the Course:
This course will be a required, graduate level, auditing class and will comprise a portion of the curriculum of
the Masters of Accountancy program.

M. Specialized Equipment or Supplies Needed:
NA
N. Answer the following questions using complete sentences:
1) Does the course require additional human resources? (Please explain)
No
If Yes, click here to answer Question N1, above.
2) Does the course require additional physical resources? (Please explain)
No
If Yes, click here to answer Question N2, above.
3) Does the course change the requirements in any particular major? (Please explain)
No
If Yes, click here to answer Question N3, above.
4) Does the course replace an existing course in your program? (If so, list the course)
No
If Yes, click here to answer Question N4, above.
5) How often will the course be taught?
Each Summer
Click here to add text to qualify your selection for course timing, if necessary.
6) Does the course duplicate an existing course in another Department or College? (If the possibility exists,
indicate course discipline, number, and name)
No

Click here if the answer to Question N6, above is YES. Indicate the other discipline/department and the
other course number and name.
O. If the proposed course includes substantial material that is traditionally taught in another discipline, you must
request a statement of support from the department chair that houses that discipline.
N/A
P. Please identify if you are proposing to have this course considered as a menu course for General Education.
The General Education Committee must consider and approve the course proposal before consideration by
the UCC.
No

Q. Approval Form
Provide the Approval Form (Signature Page) with the signatures of your department
Chair AND college Dean (electronically).