Page 150 - University Bulletin

ACC356 Zakat and Tax Accounting
Credits: 3 (3,0,0) Prerequisites: ACC213
This course introduces relevant laws governing individual income taxation and Zakat. It introduces
the Zakat Collection and Tax Law of the Kingdom of Saudi Arabia (KSA). The course includes
training on how to prepare Zakat and Tax returns. The major goal of the Islamic law of obligatory
alms (Zakat) at degree level is to introduce candidates to the Islamic religious taxation and legal
foundations and basics of the subject. The Islamic law of obligatory alms or Zakat law is law that
includes legal aspects, which regulate the imposition, calculation and subjects of taxation. The
major function of the course, therefore, is to provide a sound understanding of how Zakat law
evolved and developed, and to critically examine the significance of this law in the hierarchy of
branches of Islamic law practices.

ACC421 Managerial Control and Decision Making
Credits: 3 (3,1,0) Prerequisites: ACC224
This is an advanced course that addresses issues related to production and reporting of accounting
information for managerial purposes. Discussion covers issues such as short and long-term
decision making, financial and operating control, methods to face competition, compensation
issues, and management accounting control system design.

ACC430 International Financial Reporting Standards
Credits: 3 (3,0,0) Prerequisites: ACC317
This financial reporting course offers a broad introduction to the field of International Financial
Reporting and International Financial Reporting Standards (IFRS). It traces the history of the
International Accounting Standards Board (IASB) from its early roots through to recent changes
and updates and future developments. The qualification is structured in an accessible and user-
friendly way that underlines key information and provides useful summaries. It examines and
breaks down specific standards topic-by-topic. There are case studies, which are based on real-life
examples, and many exercises, multiple-choice questions and sample answers for you to test your
knowledge as you progress through the course

ACC443 Big Data and Artificial Intelligence in Accounting
Credits: 3 (3,0,0) Prerequisites: ACC348
This course is an advanced course in auditing. It provides comprehensive coverage on audit and
assurance practice. Upon completion of the course, students are expected to know the
appropriate quality control policies and procedures in practice management and recognizing the
auditor’s position in relation to the acceptance and retention of professional appointments,
identify and formulate the work required to meet the objectives of audit assignments and apply
the International Standards on Auditing, evaluate the findings and the results of work performed
and draft suitable reports on assignments.

ACC444 Forensic Accounting and Cyber Security
Credits: 3 (3,0,0) Prerequisites: ACC348
The emphasis of this course is on the practical application of audit procedures on realistic financial
audit case scenarios. Upon completion of this course, students will gain proficiency in audit
planning, evidence collection and documentation, evaluation of internal control, and assessment
of fraud risk.

138 PSU UNDERGRADUATE BULLETIN