Mar 29, 2026  
Academic Catalog 2025-2026 
  
Academic Catalog 2025-2026
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ACC 585 - CPA Exam Review-Regulation


This course is a comprehensive overview of the concepts involved in preparing students for successful completion of the CPA Exam - Regulation Section. Topics include review of the fundamental rules for ethics and responsibilities of certified public accountants, federal tax practice and procedure and an overview and analysis of the tax rules for individuals, corporations, S corporations and partnerships.

Credit(s): 3

Prerequisite(s):
TAX 496 or TAX 596.

Outcomes
  • Explain the rules and responsibilities governing the ethics and liabilities of certified public accountants.
  • Compute the federal tax impact of income and gain transactions for individuals.
  • Apply the federal tax rules to determine the result of formations, distributions and liquidations of corporations, partnerships, and sub-chapter S corporations.
  • Analyze the impact on business relationships of contracts, agency relationships and commercial transactions.



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