Internal Audit and Risk Management Track

Kelly Amos, BS ’11, MS ’12, and Kathryn Crawford, BS ’11, MS ’12

Prepare for a career in compliance and risk mitigation in fast-growing industries such as technology, health care and finance.

Internal auditors often advance through the ranks of lead internal audit and chief audit executive, and have the critical-thinking and analytical skills necessary for other C-suite positions.

  • Apply the Institute of Internal Auditors International Professional Practices Framework (IPPF) and evaluate issues related to risk, governance and control in conducting internal audit engagements
  • Understand the use of enterprise risk management (ERM), such as the COSO framework, internal control identification, design and evaluation
  • Develop the advanced skills used by forensic and investigative accountants to conduct financial fraud investigations, including litigation support, valuation, identity theft, public record research, interrogations and other emerging forensic techniques and data analytic procedures

Curriculum

Fall Semester Spring Semester

MGA 612LEC Taxation of Business Entities

An examination of the tax provisions governing C corporations, S corporations and partnerships throughout the business lifecycle, including transactions between the entity and the owner, conducted primarily through the study of tax law and case studies. Current and emerging tax policy issues will also be a key component of the course.

Credits: 3.00
Semesters offered: Fall 2020
Pre-Requisite: MGA 611.


MGA 614LEC Advanced Auditing

Advanced-level examination of external auditing issues and practice, with major emphasis on the analysis and evaluation of audit risk. Emphasis is on case analyses using internet-based cases and high risk real life audit cases, presented in an Advanced Auditing publication. The use of the casebook provides student with opportunities to develop a much richer understanding of the essential underlying issues involved in auditing, while developing critical thinking, communication and interpersonal relationship skills. Emerging issues in auditing are identified and analyzed using audit concepts learned in the introductory auditing course.

Credits: 3.00
Semesters offered: Fall 2020
Pre-Requisite: MGA 613.


MGA 623LEC Introduction to Professional Tax Research

The objective of this course is to develop a working knowledge of the basics of federal income tax research. The course will examine the major sources of federal income tax authority and their application and hierarchy; develop familiarity with major professional tax research tools; apply critical thinking and ethical standards in researching, analyzing and reaching conclusions regarding tax scenarios; and expand professional communication skills.

Credits: 1.50
Semesters offered: Fall 2020


MGA 624LEC Research in Accounting & Auditing Standards

The objective of this course is to develop students' skills in performing and communicating accounting and auditing research. To achieve this objective, students will: 1) Learn to apply a step-by-step research process to open-ended accounting and auditing problems; 2) Become familiar with the research databases applicable to different research environments (corporate, governmental, auditing, and international); 3) Become proficient using key research databases, particularly the FASB Codification, eIFRS, and GARS Online (from the GASB); and 4) Improve oral and written communication skills through discussions of accounting issues and written analysis of accounting problems.

Credits: 1.50
Semesters offered: Fall 2020


Track Courses:

MGA 640LEC Principles and Practice of Internal Auditing

The Principles and Practice of Internal Auditing is a course that helps students develop the necessary skills for performing assurance and consulting services in the field of internal audit. The course concentrates on specific techniques used in internal auditing. Students will learn how to apply the Institute of Internal Auditors International Professional Practices Framework (IPPF) and evaluate issues related to risk, governance, and control in conducting internal audit engagements. Students will also learn about the use of enterprise risk management (ERM) such as the COSO framework, internal control identification, design and evaluation.

Credits: 3.00
Semesters offered: Fall 2020
Pre-Requisite: MGA 402.


MGA 643LEC Fraud Examination and Forensic Investigation

An in-depth study of the methods used by forensic and/or investigative accountants to conduct financial fraud investigations. Topics include fraud auditing and fraud examination, litigation support, valuation, identity theft, public record research, interview and interrogations and other emerging forensic techniques and data analytic procedures. Students will be challenged to think "beyond the numbers," integrating and applying knowledge of related disciplines such as accounting, economics, finance, criminology, psychology, organizational behavior, law, and computer science to think like investigators and develop skills leading to the presentation of investigative/research results in a clear, concise, and professional manner.

Credits: 3.00
Semesters offered: Fall 2020


Contact Us

Graduate Programs Office
School of Management
University at Buffalo
203 Alfiero Center
Buffalo, NY 14260-4010

Tel:  716-645-3204
Fax: 716-645-2341
som-apps@buffalo.edu
Meet our Team

Something I love about UB is its size. The School of Management provides students with clubs and opportunities to launch their careers, and the Career Resource Center hosts events with alumni who help students gain knowledge and build relationships in their field.

Allison Brooks, BS '15, MS ’16