COLLEGE OF BUSINESS
Curriculum Committee
January 31, 2006
2:00 p.m.
2005-06 #10
Present
D. Wunsch (chair), D. Docking, L. Neeley, T. Singh, B. Mackie (for G. Aase),
D. Haas, P. Fricilone, L. Marcellus, M. Salmon
Absent
W. Cummings
Action on Minutes
The minutes of the Ninth Meeting, dated January 17, 2006, were approved.
UCC Replacement
Elisa Fredericks (MKTG) will serve on the Undergraduate Coordinating
Council for spring semester, replacing Robert Beatty who is on leave for
military service.
Ethics Handbook
The ETF is working on final revisions to the ethics handbook and tutorial.
Corporate sponsors will be solicited once sponsorship guidelines are in place.
English Proficiency
Requirement
It was reported the English proficiency requirement is still under review by the
Graduate Council. Representatives from the graduate programs in the college
plan to meet to discuss a possible revision of the requirement to be submitted
for consideration by the Graduate Council.
Graduate Phase One
Exemption Exams
Departments are in the process of reviewing, or have completed review, of
their Phase One course exemption exams, with revisions being made as
needed.
Business Administration
Focus Group
A focus group meeting of business administration majors is planned for
February 21. A report will be given subsequent to that meeting.
Computer Skills
Assessment Committee
The Computer Skills Assessment Committee will meet each Monday through
March to determine the best means for assuring students have the necessary
computer background to successfully complete UBUS 310.
ACCY Curricular Items
The committee approved a new graduate course, ACCY 682, International
Accounting. Also approved was the deletion of the honors program in
accountancy. (See pages 1-2 of 2)
Minor in International
Business
The committee continued its discussion of a possible Minor in International
Business. An outline of suggested course requirements was distributed.
Adjournment
The meeting adjourned at 3:00 p.m.
Next Meeting
The next meeting is scheduled for Tuesday, February 14, at 2:00 p.m.
Minutes approved: 2/14/2006
____________________________________________
Diane Docking, Acting Secretary
DD:cw
Copies to: Vice Provost; Undergraduate Curriculum Committee; Director of Admissions; Graduate
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College of Business Faculty
COLLEGE OF BUSINESS
Curriculum Committee
January 31, 2006
Page 1 of 2
2005-06 #10
Department of Accountancy
New course: Page 61, 2005-2006 Graduate Catalog
CIP Code: 52.03
682. INTERNATIONAL ACCOUNTING (3). An examination of the aspects of accounting
which apply to multinational business and to practice outside of the United States. Topics
included in the course are: patterns of accounting practice in other nations; the promulgation of
international accounting standards and the harmonization of standards; accounting problems
associated with multinational operations; and a comparison of auditing, corporate governance,
and regulation issues around the world. PRQ: ACCY 320 and 432 or consent of department.
Rationale: The Accountancy Department does not currently offer an international accounting course. The
acceleration of global business development makes exposure to international accounting issues imperative for our
students. In particular, as the U.S. capital markets harmonize more closely with international reporting standards,
new entrants to the profession will be expected to be familiar with accounting practices which apply to multinational
businesses. In addition, this offering will provide an important elective course opportunity for our students.
Note: A review of the catalog indicated the content of this course is not being taught by any other department.
Other catalog change: Pages 69-70, 2005-2006 Undergraduate Catalog
Delete the following:
Degree with Honors
The Accountancy Honors Program offers students the opportunity
for challenging educational experiences. The departmental honors
program promotes a deeper understanding of topics within the
accountancy profession and emphasizes unique opportunities for
students' professional and business development. The Accountancy Honors Program supports the
general mission of the University Honors Program. Students are encouraged to apply to both
programs; however, the departmental honors program does not require admission to the
University Honors Program.
Admission
Interested students are encouraged to apply for admission to the
Department of Accountancy's Honors Program. Admission requirements are:
a minimum overall GPA of 3.20;
an A in both ACCY 206 and ACCY 207 or equivalent courses
or a minimum GPA of 3.50 in all upper-level ACCY courses (minimum of two upperlevel courses completed); and
a completed application for department honors.
COLLEGE OF BUSINESS
Curriculum Committee
January 31, 2006
Page 2 of 2
2005-06 #10
Retention
Retention in the Accountancy Honors Program requires a minimum NIU 3.20 cumulative GPA
and a minimum 3.50 GPA in upper-level department course work. Students whose GPA falls
below the minimum requirements for an academic term must achieve the retention standards
before additional honors courses can be taken.
Graduation
Graduation with departmental honors in accountancy requires
a minimum NIU 3.20 cumulative GPA;
a minimum 3.50 GPA in upper-level departmental course work;
completion of at least 6 semester hours of upper-level
accountancy honors courses (excluding ACCY 499H);
completion of UBUS 499H, Introduction to Business Research,
with a minimum grade of B; and
completion of ACCY 499H, Honors Directed Research in Accountancy, as an
Accountancy Senior Honors Project. The project topic must be approved by the student's
Accountancy Honors Program project adviser and Department of Accountancy chair. For
students attempting University Honors or Upper-Division University Honors, the
Accountancy Honors
Senior Project may be completed concurrently with the Upper-Division University
Honors Capstone project.
Students in the Accountancy Honors Program graduate with the designation Graduated with
Departmental Honors in Accountancy on their official NIU transcript report.
Rationale: Accountancy students do not generally have the opportunity to do both a department honors study and
honors independent study. Most opt for the internship. Also, the college is no longer offering the UBUS 499H
course which is required, and the University honors program is still available to all students. So graduation with
honors is still very possible for those who are eligible.