KENNESAW STATE UNIVERSITY
GRADUATE COURSE PROPOSAL OR REVISION,
Cover Sheet (10/02/2002)
Course Number/Program Name ACCT 8410 / Seminar in Internal Auditing / MAcc
Department School of Accountancy
Degree Title (if applicable) Master of Accounting
Proposed Effective Date 8/1/2011
Check one or more of the following and complete the appropriate sections:
Sections to be Completed
X New Course Proposal
Course Title Change
Course Number Change
Course Credit Change
Course Prerequisite Change
Course Description Change
II, III, IV, V, VII
I, II, III
I, II, III
I, II, III
I, II, III
I, II, III
Notes:
If proposed changes to an existing course are substantial (credit hours, title, and description), a new course with a
new number should be proposed.
A new Course Proposal (Sections II, III, IV, V, VII) is required for each new course proposed as part of a new
program. Current catalog information (Section I) is required for each existing course incorporated into the
program.
Minor changes to a course can use the simplified E-Z Course Change Form.
Submitted by:
_____
Date
Faculty Member
X
Approved
Not Approved
11/16/2010
Department Curriculum Committee
X Approved
Not Approved
Department Chair
Approved
Approved
Date
11/16/2010
Date
Not Approved
College Curriculum Committee
Date
College Dean
Date
Not Approved
1
Approved
Approved
Approved
Not Approved
GPCC Chair
Date
Dean, Graduate College
Date
Not Approved
Not Approved
Vice President for Academic Affairs Date
Approved
Not Approved
President
Date
2
KENNESAW STATE UNIVERSITY
GRADUATE COURSE/CONCENTRATION/PROGRAM CHANGE
I.
Current Information (Fill in for changes)
Page Number in Current Catalog
___
Course Prefix and Number
___
Course Title
___
Class Hours
____Laboratory Hours_______Credit Hours________
Prerequisites
___
Description (or Current Degree Requirements)
II. Proposed Information (Fill in for changes and new courses)
Course Prefix and Number ACCT 8410
Course Title Seminar in Internal Auditing
Class Hours 3 ____Laboratory Hours____0___CreditHours__3______
Prerequisites Admission to the MAcc program
Description (or Proposed Degree Requirements)
This course is designed to provide advanced internal audit knowledge to students
considering careers in the accounting and auditing functions with an emphasis on
internal auditing. The purpose of the course is to extend students’ knowledge of auditing
in today's organizations; knowledge that extends beyond the traditional attestation of
the financial statements. The course examines in detail internal audit theory, applies
internal audit concepts to real corporate cases and involves critical analyses of internal
audit practices. The course will also incorporate research papers to achieve its
objectives.
III. Justification
A review of the Master of Accounting (MAcc) program curriculum indicates that the
program should incorporate a strong core of graduate accounting seminars and topic
coverage in the specialization areas of Financial Reporting/Auditing and Taxation.
Additionally, graduates of the degree program should possess advanced professional
practice skills, technical expertise in core and specialized accounting courses, and advanced
communication and critical thinking abilities. The curriculum review has included a
comparison of the Master of Accounting curriculum with peer, competitor, and aspirant
institutions. Additionally, relevant research on graduate accounting education was
analyzed and feedback was obtained from Master of Accounting faculty, Coles College
leadership, Master of Accounting program recruiters, the School of Accountancy Advisory
Board, and current and former Master of Accounting students. This proposed course meets
the goal of providing appropriate topic coverage in Financial Reporting / Auditing.
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The topic of internal audit is important for several reasons. For example, the recent
corporate scandals have prompted a demand for internal audit professionals. Internal
auditors have been called upon to assist by playing a vital role in the financial reporting
monitoring processes. Since then, an increasing number of companies have implemented an
internal audit function, either in-house or out sourced. It is, therefore important, that our
accounting graduates have detailed knowledge of internal auditing specifically when
considering careers in accounting and auditing. Internal control design and evaluation is
conducted by auditing personnel with advanced auditing knowledge which this course will
provide.
IV. Additional Information (for New Courses only)
Instructor: Vineeta Sharma
Text Since this course encompasses a range of theoretical, conceptual and
practical issues, there is no single text that can provide the sufficient
support material. Therefore, this course will have no textbooks but a
series of readings will be provided throughout the semester, details of
which will be posted on the course website (GeorgiaVIEW Vista).
Prerequisites: Admission to the MAcc program
Objectives:

To understand, analyze and evaluate the internal audit processes.

To enhance students’ ability to conduct research in auditing.

To appraise the authority and application of professional internal auditing
standards.

To expose students to the professional ethics necessary in the internal auditors’
professional activities.

To introduce students to contemporary research in internal auditing.

To enhance team work and communication skills using written and oral
presentations.
Instructional Method
Face-to-face lectures, student led discussions, seminar style
-
4
Method of Evaluation
Topic Related Presentation, Class Participation, Theory & Practice – Critical
Analysis of Internal Auditor Article: Written & Presentation, Real Life Case
Analyses, Thought Leadership Paper
V. Resources and Funding Required (New Courses only)
Resource
Amount
Faculty
Other Personnel
Equipment
Supplies
Travel
New Books
New Journals
Other (Specify)
TOTAL
Funding Required Beyond
Normal Departmental Growth
NOTE: NO ADDITIONAL FUNDING
DEPARTMENT GROWTH.
REQUIRED
BEYOND
NORMAL
5
VI. COURSE MASTER FORM
This form will be completed by the requesting department and will be sent to the Office of the
Registrar once the course has been approved by the Office of the President.
The form is required for all new courses.
DISCIPLINE
COURSE NUMBER
COURSE TITLE FOR LABEL
(Note: Limit 30 spaces)
ACCOUNTING
ACCT
Seminar in Internal Auditing
CLASS-LAB-CREDIT HOURS
Approval, Effective Term
3-0-3
Fall
8410
2011
Grades Allowed (Regular or S/U)
Regular
If course used to satisfy CPC, what areas? N/A
Learning Support Programs courses which are
required as prerequisites
N/A
APPROVED:
________________________________________________
Vice President for Academic Affairs or Designee __
6
VII
SYLLABUS
Course Prefix and
Number:
ACCT 8410
Course Title:
Seminar in Internal Auditing
Class Credit Hours:
3 hours
Prerequisites:
Admission to the MAcc program
Course Description:
This course is designed to provide advanced internal
audit knowledge to students considering careers in
the accounting and auditing functions with an
emphasis on internal auditing. The purpose of the
course is to extend students’ knowledge of auditing in
today's organizations; knowledge that extends
beyond the traditional attestation of the financial
statements. The course examines in detail internal
audit theory, applies internal audit concepts to real
corporate cases and involves critical analyses of
internal audit practices. The course will also
incorporate research papers to achieve its objectives.
Course Objectives:

To understand, analyze and evaluate the internal audit
processes.

To enhance students’ ability to conduct research in
auditing.

To appraise the authority and application
professional internal auditing standards.

To expose students to the professional ethics necessary
in the internal auditors’ professional activities.

To introduce students to contemporary research in
internal auditing.

To enhance team work and communication skills using
written and oral presentations.
Possible Topics to be
Covered:
of
Introduction to the internal audit profession, the
professional practices framework, ethics and
standards of practice, governance and enterprise risk
7
management, internal control weaknesses – types,
determinants and weaknesses, managing the internal
audit function, fraud: an internal auditors
perspective, internal audit quality and financial
reporting, current and future trends in internal audit.
Possible Instructors:
Dr. Vineeta Sharma
Possible Texts:
Since this course encompasses a range of theoretical,
conceptual and practical issues, there is no single text
that can provide the sufficient support material.
Therefore, this course will have no textbooks but a
series of readings will be provided throughout the
semester, details of which will be posted on the course
website (GeorgiaVIEW Vista).
Instructional
Method:
Face-to-face lectures, student led discussions, seminar
style
Possible Evaluation
Tools
and
Weightings:
Course Requirements
Weights
Topic Related Presentation
15%
Class Participation
10%
Theory & Practice – Critical Analysis of
Internal Auditor Article; Written &
Presentation
20%
Real Life Case Analyses
25%
Thought Leadership Paper
30%
Total
100%
Other Information
8