Tax Analytics and Technology Certificate
Move your career forward with our flexible online program that teaches you how to harness technology and analytics to solve tax problems.
The Tax Analytics and Technology Certificate program is presented by the Department of Accounting at the NC State Poole College of Management. It is currently offered both through NC State University for graduate credit and through NC State University Executive Education, LLC, the college’s non-credited executive education unit.
The program will give you the knowledge and skills needed to extract, manipulate, analyze and summarize data to solve tax problems and help organizations develop actionable tax and business strategies. You’ll complete 12 one-credit-hour courses, each of which is taught jointly by tax faculty and informational technology faculty and will include practical tax applications and projects. The program is offered entirely online, so you can earn your certificate without taking time off work or tackling long commutes to campus.
Participants must hold a bachelor’s or master’s degree to enroll in this program. While an accounting degree is not required, applicants must have taken introductory or intermediate accounting and tax classes or have related work experience.
All certificate work must be completed within four years (48 months) of enrollment.
When taken through NC State University for graduate credit, this certificate program may qualify for CPE credit; you should confirm this with your state licensing board. When taken through NC State University Executive Education, LLC, the program does not qualify for CPE credit.
The net cost for the Tax Analytics and Technology Certificate program when taken for graduate credit is $1,480 per credit hour. When taken through executive education, the cost is $1,500 per credit hour. Financial aid is not available for this certificate.
The Tax Analytics and Technology Certificate program is made up of 12 required courses. Explore the list below to discover what you’ll learn.
Tools for Analytics
Students will learn the skills needed to identify many of the situations where the method of accounting for tax purposes for revenue and expense differs from that used in financial accounting. Focus will be placed on analyzing and outlining those differences in a concise and visual manner in order to assist upper management in understanding the tax implications of their operational and financial accounting decisions. We will utilize analytic tools that are regarded as required knowledge by today’s tax departments.
Database Management in Tax
Students will learn the skills needed to understand and identify many aspects of the state income tax apportionment process. Focus will be placed on calculations and analyses required to present the state and local tax information in such a manner as to assist upper management in the business expansion decision-making process. The tax apportionment process requires a solid understanding of database management and we will utilize tools that are considered required knowledge in today’s tax departments.
Forecasting Effective Tax Rates and Scenario Analysis (Introduction)
This module will examine the different definitions of book income and taxable income with a focus on accounting for income taxes under ASC 740. Students will contrast the principles of conservatism reflected by generally accepted accounting principles and by the tax law. In addition, students will learn how to utilize regression analysis and scenario analysis to provide additional insights about these tax topics and to forecast future effective tax rates.
Project Management and Process Documentation in Tax
Students will learn tax project management and tax process documentation skills. Students will develop an understanding of project management in the context of a tax provision process assessment for a hypothetical company. In addition, students will develop an understanding of Sarbanes-Oxley Act Section 404 and how it applies to a corporate tax department’s tax provision process
Forecasting Effective Tax Rates and Scenario Analysis (Advanced Application)
Prerequisite: “3: Forecasting Effective Tax Rates and Scenario Analysis (Introduction)”
This module will continue to examine the different definitions of book income and taxable income, but the primary focus will be on examining tax disclosures in financial statements and gaining an understanding of how they can be used for financial statement analysis. We will also carry out regression and scenario analysis to provide additional insights into disclosed tax information.
Visual Analytics in Tax
Prerequisite: “1: Tools for Analytics”
The goal of visual analytics is to enhance the value and quality of the information provided to decision makers in an organization. Visual analytics can be used for almost every aspect of tax including planning, provision work, compliance and controversy work. In this course, we will focus on state and local nexus, sales and use taxes and foreign bank account reporting requirements. Students will pull data from several sources into a visual analytics software environment and then manipulate the data into a visual front end.
Database Management Applications in Tax
Prerequisite: “2: Database Management in Tax”
In this course, we will teach the skills needed to understand and identify more advanced aspects of the state income tax apportionment process, including combinations and consolidations. The student will gain knowledge in the areas of data query language, data definition language and data manipulation language using structured query language. Students will earn more advanced tools to retrieve, define, store and update tax data in a database management program.
Enterprise Resource Planning for Tax
This course will focus on Enterprise Resource Planning (ERP) concepts that will be useful to tax professionals to better understand the client’s information environment and gauge how best to access needed client tax information. ERP concepts will be reinforced with tax-focused examples and projects primarily focusing on the tangible property and repair regulations.
Data Security and Warehousing in Tax
This course is focused on the importance of data security with respect to all financial data but specifically tax data. It also covers the area of tax data warehousing from the standpoint of the differing financial detail needs of a tax department and the pros and cons of utilizing a Cloud solution.
Analysis of Unstructured Data in Tax
This course will give insight into the analysis of unstructured data and gain an understanding of how to utilize it within a tax focused environment. Students will extract tax-related information from a collection of text documents and uncover concepts and themes that are concealed in those documents.
Advanced Visual Analytics in Tax
Visualization helps us see and understand the story the data tells us. Students will be introduced to an interactive data visualization tool which allows users to select specific tax information and customize the format of visualization to increase the relevance and usefulness of tax data.
Enterprise Resource Planning (Advanced)
In this course, the student will learn more advanced skills to assist them in configuring an Enterprise Resource Planning system and utilizing data visualization software in order to address complex tax issues such as entity selection and the some of the new international rules.
Frequently Asked Questions
What is a certificate?
Certificate programs are a shorter graduate course of study which typically consists of 12 to 15 credit hours. They are designed to help develop career competency in a single subject.
How will a Tax Analytics and Technology Certificate help me?
The Tax Analytics and Technology Certificate will help you develop competence in the area of information technology as it is used in extracting, manipulating, analyzing and summarizing tax data.
Are there any prerequisites?
Participants must hold a bachelor’s degree or a master’s degree to enroll in this program. While an accounting undergraduate degree is not required, applicants must have taken introductory or intermediate accounting and tax classes or have related work experience.
What is the cost of the certificate?
The net cost for the Tax Analytics and Technology certificate when taken for graduate credit through NC State University is $1,480 per credit hour. When taken through NC State Executive Education, LLC the cost is $1,500 per credit hour.
Is there financial aid available?
Financial aid is not available for this certificate.
How many courses are there?
There are currently 12 courses, but we expect to offer additional courses in 2020.
How often are the courses offered?
Beginning in Fall 2019, a new cohort will begin every Fall and Spring semester.
Is there a schedule of when courses are offered?
Yes. You can download a PDF copy of the course schedule.
How long will it take to complete a course?
Participants will have eight weeks to complete each course.
Is there a time limit to complete the certificate?
Participants will have up to 48 months from enrollment to complete the certificate.
Do the courses have to be taken in a certain order? If so, what happens if I miss a course?
Certain courses in this program must be taken in order, as noted in the schedule of courses. For example, Course 1, Tools for Tax Analytics must be taken prior to Course 6, Visual Analytics in Tax.
Will I interact with other students?
Interaction with other students is generally not required. However, each instructor may provide an opportunity for you to interact with the other students.
I have a demanding work schedule. Is group work required?
No, group work is not required.
How much interaction will I have with the professors?
Interaction with the professor will vary from course to course. However, the program has been designed to assure sufficient interaction to give students command of the skills being taught.
Do the classes count towards a degree?
When taken through NC State University for graduate credit, the courses may be applied to both the NC State University MAC and MBA program as electives. As such, the number of credit hours that count towards your degree may be limited.
Do the courses count as CPE?
When taken through NC State University for graduate credit, this certificate program may qualify for CPE credit. A student should confirm with their state licensing board. When taken through NC State University Executive Education, LLC, the program does not qualify for CPE credit.
How do I gain admission?
Applications are submitted online. To learn more about how to apply, visit our apply page.
How do I register for a course?
After acceptance into the program, students will be provided with further instructions regarding the registration process.