ACCB 230 Tax Procedures

This course is designed to enable competence in preparing and analyzing different types of business tax returns, including corporate (1120 or 1120S), partnership (1065), and self-employed individual returns (Schedules C, E, F). Students will be able to understand what types of ledger accounts are tax-sensitive and how to calculate the correct tax deduction.

Credits

4 Credits

Semester Contact Hours Lecture

60

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite

Prerequisite: ACCB 129 and ACCB 129L

ACCB 230Tax Procedures

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

II. Course Specification

Course Type

Program Requirement

Credit Hours Narrative

4 Credits

Semester Contact Hours Lecture

60

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite Narrative

Prerequisite: ACCB 129 and ACCB 129L

Repeatable

N

III. Catalog Course Description

This course is designed to enable competence in preparing and analyzing different types of business tax returns, including corporate (1120 or 1120S), partnership (1065), and self-employed individual returns (Schedules C, E, F). Students will be able to understand what types of ledger accounts are tax-sensitive and how to calculate the correct tax deduction.

IV. Student Learning Outcomes

Upon completion of this course, a student will be able to:

  • Understand tax-sensitive accounts on a company's general ledger.
  • Prepare an accurate tax-based adjusted trial balance.
  • Know and understand the difference between business tax returns.
  • Demonstrate ethical decision-making.
  • Establish research skills pertaining to business taxation.

V. Topical Outline (Course Content)

VI. Delivery Methodologies