Graduate Curriculum Committee Course Proposal Form
for Courses Numbered 5000 and Higher
Note: Before completing this form, please carefully read the accompanying instructions.
1. Course prefix and number:
ACCT 6221
2. Date:
11/18/2008
3. Requested action:
X New Course
Revision of Active Course
Revision & Unbanking of a Banked Course
Renumbering of an Existing Course from
from
to
#
#
4. Justification (based on accreditation and/or assessment by the graduate faculty) for
new course or course revision or course renumbering:
This course is a stand-alone general business course
for graduate students entering the Masters of
Accounting (MSA) program with a non-business
undergraduate degree. This course covers the basics of
accounting and finance. Currently, the relatively new
section of the CPA exam (Business Environment and
Concepts - BEC) is not covered in our program MSA.
This class, in addition to ACCT 6231, will allow for
coverage of the business components specifically
covered on the BEC section of the CPA exam.
Additionally, at this time MSAs have to take the entire
MBA business core which extends the program to 60
semester hours. The MSA degree is a concentrated
accounting masters degree that is designed to enable
the accounting MSA to pass the CPA exam and practice
as CPAs as opposed to the general business MBA
program. The addition of this class and ACCT 6231 (and
other changes) reduces the semester hours of the MSA
to 45 semester hours. This is consistent with our
regional competitors. This change makes our program
more attractive to potential students and will allow the
Accounting Department to consider bringing the MSA
online in the near future.
5. Course description exactly as it should appear in the next catalog:
ACCT 6221. Principles of Accounting and Finance (3)
Generation and flow of financial information through the
accounting system as well as financial control, capital
budgeting, time value of money, ratio analysis, and
valuation.
6. If this is a course revision, briefly describe the requested change:
7. Graduate catalog page number from current graduate catalog:
168
8. Course credit:
Lecture Hours
Weekly
OR
Per Term
Credit Hours
Lab
Weekly
OR
Per Term
Credit Hours
s.h.
Studio
Weekly
OR
Per Term
Credit Hours
s.h.
Practicum
Weekly
OR
Per Term
Credit Hours
s.h.
Internship
Weekly
OR
Per Term
Credit Hours
s.h.
Total Credit Hours
s.h.
3
s.h.
Other (e.g., independent study) Please explain.
9. Anticipated annual student enrollment:
20
10. Affected degrees or academic programs:
Degree(s)/Course(s)
Current Catalog Page
MSA
166
Changes in Degree Hours
3 hours
11. Overlapping or duplication with affected units or programs:
x Not Applicable
Notification & response from affected units is attached
12. Council for Teacher Education Approval (for courses affecting teacher education):
x Not Applicable
Applicable and CTE has given their approval.
13. Statements of support:
a. Staff
x
Current staff is adequate
Additional Staff is needed (describe needs in the box below):
b. Facilities
x
Current facilities are adequate
Additional Facilities are needed (describe needs in the box below):
c. Library
x
Initial library resources are adequate
Initial resources are needed (in the box below, give a brief explanation and an
estimate for the cost of acquisition of required initial resources):
d. Computer resources
x
Unit computer resources are adequate
Additional unit computer resources are needed (in the box below, give a brief
explanation and an estimate for the cost of acquisition):
x
ITCS Resources are not needed
The following ITCS resources are needed (put a check beside each need):
Mainframe computer system
Statistical services
Network connections
Computer lab for students
Software
Approval from the Director of ITCS attached
14. Course information (see: Graduate Curriculum Development Manual for instructions):
a. Textbook(s): author(s), name, publication date, publisher, and city/state/country
Revsine, R., Collins, D.W., Johnson, B. and
Mittelstaedt, F. (2009).
Financial Reporting and
th
Analysis, 4 ed. McGraw-Hill Publishing.
b. Course objectives student – centered behavioral objectives for the course
The student will be able to:
a. Understand the development of financial
statements from the beginning of the accounting
system.
b. Perform basic accounting and financial functions.
c. Evaluate the end financial statements through the
use of financial ratios and other financial means.
d. Evaluate projects/cash flows through the use of
capital budgeting and net present values
techniques.
c. Course topic outline
a. The accounting profession.
b. Types of accounts and the accounting function.
c. Types of financial statements.
d. The matching concept and adjusting process.
e. Completing the accounting cycle and the closing
process.
f. Time value of money.
g. Risk & Return (Diversification).
h. Capital Budgeting (net present value/internal rate of
return).
i. Ratio Analysis
j. Valuation of stocks and bonds
k. Long-term financial planning
d. List of course assignment, weighting of each assignment, and grading/evaluation
system for determining a grade
Course Assignments:
Participation
Three Exams
Financial Statement Analysis Project
Capital Budgeting Project
Final Exam
Grading Scale:
90-100%
A
80-89%
B
70-79%
C
Below 70%
F
50 points
100 points each
100 points
100 points
150 points