Spring 2013
5297 Tax Accounting - LEIGHTMAN/WOODRUFF- 38584

Professor(s): Daniel Leightman (ADJUNCT)

Credits: 2

Course Areas: Taxation 
Business and Commercial Law

Time: 5:30p-7:30p  WLocation: 213  BLB

Course Outline: Study of methods of accounting in the context of Federal tax laws including cash, accrual, installment methods, inventory taxation and time value of money concepts. The course will focus on the appropriate taxable year for including items of income, gain, loss and expense. The course will cover cash, accrual, installment and inventory methods as well as time value of money rules. The course will cover various judicial doctrines of taxation including the tax benefit rule, claim of right doctrine, economic benefit doctrine and constructive receipt concepts. Through the case method, students will learn the application of the principles of taxation in the context of tax planning. The reasoning and methodology utilized in the course will provide a sound basis for the study and analysis advanced tax topics in subsequent courses.

Course Syllabus: Syllabus pdf

Course Notes:   

Prerequisites: Yes  Federal Income Tax (Law 5359 or Law 5459)

First Day Assignments:

Final Exam Schedule: 05/01 6-8pm  213 BLB    

This course will have:
Exam:
Paper:

Satisfies Skills Course Requirement: No
Satisfies Senior Writing Requirement: No