TROY UNIVERSITY
SORRELL COLLEGE OF BUSINES
BUS 5511
Fundamentals of Accounting
Self-Paced
Prerequisites:
Admission into the MBA, MSM, or MSHRM graduate program. Other prerequisites may vary by
year. Students should refer to a current catalog or seek the advice of an advisor.
Description
A survey of fundamental theories, concepts, principles, and practices in financial and managerial
accounting that provides a foundation for further study in graduate accounting and business
courses. This course is self paced, with minimal instructor involvement and offered only online.
Students must earn at least a grade of 80 on the final comprehensive exam to satisfy the CPC
requirements in Accounting.
Objectives
On completion of the course, the student should be able to:
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List and describe the components of balance sheets and income and cash flow statements.
Describe how business transactions affect financial-accounting statements.
List and describe basic business operating characteristics and cost terms, and explain how cost
behavior and measurement are used in decision-making in organizations.
Use accounting information in strategic planning, budgeting, evaluation, and control.
Show how computer spreadsheets and applications are used to assist managers in planning,
implementing, and controlling.
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Purpose:
To provide a survey of accounting concepts for the MBA program. Required for MBA students
who lack a business, accounting, or business-related degree from a school holding specialized
accreditation for their business programs
Approved Texts
The textbook for this course is customized and available only online. Students will have access to
the textbook upon registration in this course.
Supplements
As deemed appropriate.
Procedure:
This course is self-paced. Students will have access to a customized, online textbook upon
registration for the course. Students will review a textbook chapter or section and any suggested
material, prepare the online self-assessment quizzes and/or exams, and make an informed
decision regarding their ability to proceed with successive chapters.
Evaluation:
Students will be evaluated on their retention of and successful communication of the material
covered in the course. When the self-paced coursework is completed, students will take a final,
comprehensive examination covering all material in the course. The final comprehensive
examination will be proctored and will be taken online at a location chosen by the student and
approved by the university.
Grading and Weights:
Students must successful complete the final examination. Successful completion is a grade 0f
80% or above. Grades will be assigned on the following scale:
Course Grade
A
B
C
D
F
Percent successfully completed
100% - 90%
80% - 89.9%
70% - 79.9%
60% - 69.9%
Below 60%
Absence Policy:
There is no absence policy in this course.
General Supports:
Students enrolled in self-paced classes have access to all Troy online facilities, including Library
services.
Other pertinent information:
Students in self-paced courses may or may not experience technical or other disruptions to their
study schedules. Or, students may experience technical or other difficulties when taking the
proctored exam. Students are expected to notify technical staff of any technical difficulties
(phone numbers and email addresses are posted on the course website). Students are expected to
notify instructors of other difficulties or problems.
Additional Services:
Troy University supports Section 504 of the Rehabilitation Act of 1973 and the Americans with
Disabilities Act of 1990, which insure that postsecondary students with disabilities have equal
access to all academic programs, physical access to all buildings, facilities and events, and are
not discriminated against on the basis of disability. Eligible students, with appropriate
documentation, will be provided equal opportunity to demonstrate their academic skills and
potential through the provision of academic adaptations and reasonable accommodations.
Further information, including appropriate contact information, can be found at the link for Troy
University’s Office of Human Resources at http://www.troy.edu/humanresources/index.html.
Late or Incomplete Work Policy:
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The comprehensive, proctored, final examination must be completed by the end of the term for
which the course is registered or the student must request an incomplete. The incomplete must be
resolved early in the next term. Beginning and ending dates for each Term are published in the
online Academic Catalog.
Assignments:
There are no assignments that must be turned in for grading or review by the instructor for this
course. All assignments are self-graded and self-reviewed. (Note that the proctored,
comprehensive, final exam is not considered an “assignment.”)
Academic Misconduct:
It is expected and required that students will conform to the strictest standards of integrity while
enrolled in coursework at Troy University. Students can refer to the online student handbook,
The Oracle, for information regarding acceptable standards of conduct.
Plagiarism:
As this is a self-paced course with a proctored, comprehensive, final examination, the University
criteria for plagiarism does not strictly apply. However, students may want to refer to The
Oracle and/or online syllabi for more information regarding what plagiarism is, how it can be
avoided, and the consequences of non-avoidance.
Assignments and Schedule:
The assignments and schedule are determined by students in this self-paced course. During the
first week of the courses, students should scan the text to get a very good idea of what is covered.
Students should then prepare a “Study Schedule” showing all chapters and the dates the chapters
will be studied. Students should adhere to their schedule unless very unusual circumstances
intervene as self-discipline and consistency are key ingredients to success in self-paced courses.
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