COLLEGE OF BUSINESS Curriculum Committee February 13, 2007 Page 1 of 3 2006-07 #9 Department of Accountancy Course revision: Page 60, 2006-07 Graduate Catalog ACCY 640. FINANCIAL STATEMENTS ANALYSIS (3). Analysis and interpretation of financial reports with particular reference to the construction of statements, the meaning of accounts, ratios, and other evaluating indices. Not available for credit in the M.A.S. program. PRQ: ACCY 630 or consent of department. Rationale: ACCY 690, as revised, incorporates and expands on the material covered in ACCY 640. As ACCY 690 is required of all MAS students, ACCY 640 would be duplicative for these students. ACCY 640 will continue to be valuable as an elective for MBA students. Course revision: Page 61, 2006-07 Graduate Catalog ACCY 690. ACCOUNTANCY CAPSTONE (3). Study of the theoretical framework for financial statement analysis and business valuation. Students examine the use of financial statement ratios and other financial information in a valuation context to develop business strategies and to make business decisions. Requires sSynthesis and integration of knowledge and skills learned throughout M.A.S. program. Case-based approach integrating accounting issues with other business issues to help students learn how to use accounting information when developing strategies and making business decisions. PRQ: Consent of department. ACCY 310A, ACCY 310S, ACCY 320, ACCY 331, ACCY 360, ACCY 432, and ACCY 450. Rationale: Rather than the broad focus originally adopted for this course, the revised course description reflects the development of the course in recent years and identifies the synthesis and integration method (business valuations) being used in the course. Other catalog change: Page 57-58, 2006-07 Graduate Catalog Master of Accounting Science ↓ Financial Reporting and Assurance Area of Study ACCY 633 - Advanced Financial Reporting (3) ACCY 650 - Advanced Issues in Taxation (3) ACCY 664 - Financial Statement Auditing (3) ACCY 670 - Accounting Research (3) ACCY 690 - Accountancy Capstone (3) Two of the following (6) ACCY 462 - Internal Auditing (3) ACCY 465 - Forensic Accounting/Fraud Examination (3) ACCY 480 - Governmental and Not-For-Profit Accounting (3) ACCY 611 - Advanced Accounting Information Systems (3) ACCY 622 - Managerial Accounting Information Systems (3) ACCY 634 - Financial Accounting Theory (3) ACCY 640 - Financial Statements Analysis (3) COLLEGE OF BUSINESS Curriculum Committee February 13, 2007 Page 2 of 3 2006-07 #9 ACCY 645 - Professional Tax Research (3) OR ACCY 647 - Corporate Taxation (3) ACCY 667 - Information Systems Auditing (3) ACCY 673 - Internship in Accountancy (3) Course work in related areas outside the Department of Accountancy with approval of adviser (9) Managerial Accounting Systems Area of Study ACCY 611 - Advanced Accounting Information Systems (3) ACCY 622 - Managerial Accounting Information Systems (3) ACCY 650 - Advanced Issues in Taxation (3) ACCY 670 - Accounting Research (3) ACCY 690 - Accountancy Capstone (3) Two of the following (6) ACCY 421 - Advanced Cost Management (3) ACCY 462 - Internal Auditing (3) ACCY 465 - Forensic Accounting/Fraud Examination (3) ACCY 640 - Financial Statements Analysis (3) ACCY 664 - Financial Statement Auditing (3) ACCY 667 - Information Systems Auditing (3) ACCY 673 - Internship in Accountancy (3) ↓ Rationale: ACCY 690, as revised, incorporates and expands on the material covered in ACCY 640. As ACCY 690 is required of all MAS students, ACCY 640 would be duplicative for these students. Department of Marketing Other catalog change: Page 82, 2006-07 Undergraduate Catalog, after the heading Internship in Marketing (Also to be added to the listing on page 42) Certificate of Undergraduate Study in Professional Selling (12) Coordinator: Dan Weilbaker, Department of Marketing This certificate offers a comprehensive set of courses designed to develop, enhance, and apply students’ knowledge in the area of business-to-business sales. The professional sales program certificate provides students with leading-edge instruction and practical experiences. Students completing this certificate will be prepared for success in entry-level sales positions as well as career advancement. The Certificate of Undergraduate Study in Professional Selling is open to all NIU students. Students must maintain good academic standing within the university, achieve a minimum of a C in each course applied toward the certificate, and complete all certificate work within a period of 4 calendar years. Courses used to satisfy the requirements for the certificate may also be applied toward an undergraduate degree in Marketing. Some courses may have prerequisites that are not COLLEGE OF BUSINESS Curriculum Committee February 13, 2007 Page 3 of 3 2006-07 #9 part of the certificate curriculum. Students are encouraged to enroll in MKTG 350 the semester after UBUS 310 or MKTG 310. MKTG 350 is the prerequisite for all other coursework with this certificate. Students interested in this certificate should apply at the beginning of the semester in which they will complete the last of the four courses listed below or contact the coordinator for admission procedures and other information. Requirements: MKTG 350 - Principles of Selling (3) MKTG 4351 - Business-to-Business Selling (3) MKTG 446 - Sales Management (3) One of the following MKTG 4501 - Advanced Professional Selling (3) A course in selling strategies abroad or cross-cultural selling course, with the approval of the coordinator (3) ___________________ 1 MKTG 435 and MKTG 450 are corequistes. Rationale: This certificate offers students an official documentation of their efforts in the professional sales program; and will complement the area of study with a formal record of their achievements. The certificate is open to all university students because of the great number of Textile, Apparel, and Merchandising majors that already participate in the program, and the potential appeal to students in other College of Business departments and other NIU colleges. There is no extra course work being added or additional resources that will be need for the Department of Marketing at this time.