TITLE OF THE PROPOSAL:
“Offering Accountancy as a New Program of the Graduate School”
INTRODUCTION
The UE Graduate School presently offers Master in Business Administration (MBA) with
specializations in: (1) Entrepreneurship; (2) Financial Management; (3) Marketing
Management; (4) Operations and Supply Chain Management; (5) Human Resource
Management, and (6) Tourism and Hospitality Management.
A new addition, which is the Accountancy Program, is designed to provide
understanding and up to date knowledge beyond the technical confines of the
accounting process by integrating strategic management approaches to address the
current complexities of today’s businesses.
The program will be offered in three (3) tracks:
A. A research track, which emphasizes research and requires a thesis for the degree of
Master of Science in Accountancy;
B. A teaching track, with cognates in education-related subjects; and
C. An industry track, with cognates in work-related courses.
The latter two tracks lead to a degree of Master in Accountancy. All three tracks offer a
choice of three majors: management accounting, audit, and taxation.
The University of the East turns out a sizeable number of graduates in accountancy
courses from both its Manila and Caloocan campuses. This group can be a potential
market for our new offering, because only a few of the universities in Metro Manila
offer a similar curriculum. In addition, there are our former students, and students
from other universities within the U-belt area, who have recently passed the CPA Board
Examination. There are also others who are now gainfully employed and intend to
pursue an advanced degree to enhance their careers. Graduates of other related
programs who find in themselves a late interest in accountancy due to job or business
exposure and want to have a greater handle on their jobs or businesses can still migrate
to the field by taking up this program. Further, since the University has earned a name
in the field of accountancy, opening this new program would generate interest among
prospective students and thus be of huge advantage to the University.
RATIONALE
A. The globalization of trade has resulted in the increased mobility of individuals who
travel around the world in pursuit of business opportunities. Free trade
agreements across countries and mutual recognition agreements of professionals in
ASEAN and other regions have bolstered this phenomenon.
B. Enron’s willful corporate fraud that deceived the investing public and WorldCom’s
inflated cash flows – among the many accounting scandals in the past decade –
stressed the need for the moral and ethical dimensions of conducting business. The
response of the profession’s standard setting bodies has been to rebuild the
reputation of the profession by developing more careful and complex standards
that ensure high quality accountancy and audit reports worldwide. Carefully
involving the participation of governments, international standard setting bodies
have won not only private sector compliance but also the agreement of many
governments to converge with international standards at a future time. The
Philippines completely adopted international standards in 2005. The government
auditing office has set a year for adopting international standards. This global
phenomenon has been accompanied by new national laws and regulations that
gave accreditation powers to bodies such as SEC, BIR and Central Bank which now
require accountancy graduates who have passed the licensure exams to additionally
comply with accreditation requirements.
C. Aside from being subject to stringent accreditation requirements, accountancy
professionals have been ushered into a new millennium characterized by more
integrated and transparent business processes, communications, and operational
procedures designed to meet the diverse and complex demands of a more
educated, discriminating, and sophisticated global society. While the MBA program
was and is still useful for management work, a more complex and more highly
regulated environment that is attuned to new business and management trends
requires an outward perspective that is at the same time more internally specialized
in such areas as management accounting and internal auditing which have grown in
complexity with the new standards. Further, although accountancy graduates have
some academic preparation for business taxation, many of them study to be
lawyers also to practice in the field of business taxation as CPA-lawyers. Taxation as
a specialization has become a more lucrative profession within the field of
accountancy. With 2015 as the target free flow of professional services in the
ASEAN region coming soon, accountancy professionals must also raise the level of
their competencies to compete.
The resulting need for more skilled and knowledgeable accounting professionals, who
understand the implications for a more standardized or specialized approach to the
internationalization of business, has created a need for a more suitable academic
preparation. To be effective however, the preparation should provide the global and
broader managerial perspective as well as the necessary specialized approaches
needed to manage accountancy careers in the present age. Thus, it should also
provide a focus on specializations that will sharpen the graduates’ global
competitiveness in their chosen fields.
To further develop management skills, graduate education will enable an
accountancy professional to earn the credentials necessary to manage activities
within the industry and thus skip some of the years of experience they would
otherwise need to gain knowledge on other but equally important aspects of the
accountancy profession. A graduate degree will help students rise in the promotional
ladder as well as provide a wider spectrum of career choices that includes business
taxation, a field where few non-lawyer accountants excel.
CONTEXT OF THE PROGRAM
The Graduate School recognizes the potential and benefits of offering a program that will
focus on accountancy as one of the specialized fields of graduate education.
With the increasing need for higher quality of products and services, the
internationalization of standards and procedures, and principled conduct of doing
business as demanded by a highly complex and globalizing market, the trend calls for an
increasing demand of accounting professionals who are not only skilled or
technologically-savvy in their areas of expertise, but who are also competitive, peopleoriented, team-builder not only nationally but also across cultures, and abreast with
local as well as global developments of the profession.
Offering this program will therefore be to the advantage and benefit of those who
graduated in accountancy and other fields in business and engineering. Those with a
CPA license but wish to pursue further studies in specialized areas of accountancy will
enhance their chances for middle-level career positions, either in government, commerce
and industry, education, or for public practice. Those who graduated in accountancy will
have a chance to go up the career ladder where a license is not required. Graduates of
related programs who want to migrate to accountancy can still do so at the master’s
level.
For those with a bachelor’s degree in engineering, an intensive two- to three-week
seminar in accounting as a foundation course will be developed if there is a substantial
demand. This will be offered during the summer term.
Because the proposed program substantially adheres to the CHED CMO 43 listings of
subjects with course descriptions, its graduates will benefit from a CHED compliant
program and an updated curriculum. Further, since it has adopted 3 out of the 4
specializations/majors in the CHED program, its graduates will be uniquely prepared to
assume higher management as well as consultancy positions in those areas.
PROGRAM SPECIFICATIONS
PROGRAM DESCRIPTION
As indicated earlier, we propose three (3) program tracks: a research track, a teaching
track, and an industry track with a choice of three majors.
A. Adopting Section 8, Article IV of CHED CMO 43, Series of 2010, the research track
will be for “Master of Science in Accountancy” degree. This is a thesis program in
accountancy that aims to meet the need of the profession for individuals with a
broad and extensive training in research... It provides a broad-based business
education, equipping students with the necessary technical knowledge in
accounting, communication skills and critical thinking abilities expected by
employees and required of future leaders and accounting professionals (Sec. 2, Art.
I, CHED CMO 43, S 2010).
B. The teaching track will be for the Master in Accountancy, a non-thesis program in
accountancy designed to provide students with “high quality professional
preparation for teaching at the tertiary level.” Sec. 2, Art. I, CHED CMO 43, S 2010).
C. Likewise, the industry track will be for the Master in Accountancy, a non-thesis
program in accountancy designed to develop in students a broader and deeper
technical accounting in the specialized fields of auditing or taxation, including
problem-solving skills necessary for success in professional accountancy and
business.
PROGRAM OBJECTIVES AND OPPORTUNITIES
A. Objectives
Thesis Master’s Program. The program (based on Section 6, Art III, CHED CMO 43,
Series 2010) aims to:

Extend the knowledge, expertise, and skill of students through the application
of research to accounting problems and issues;

Make a significant contribution to knowledge and/or to the understanding of
one or more aspects of accountancy through the research component of the
degree;
Non-Thesis Master’s Program. The program (based on Section 5, Art III, CHED CMO
43, Series 2010) aims to:

Build on the students’ undergraduate education to meet the emerging needs of
the accounting profession;

Provide advanced academic work for those with interest in any of the three
specialized fields of accounting: Management Accounting, Internal Auditing and
Taxation

Provide the academic prerequisites for candidates who wish to take the
specialty certificate examination (e.g., Certified Management Accounting (CMA),
Certified Fraud Examiner (CFE), Certified Internal Auditor (CIA), or Certified Data
Processing Auditor (CDPA);

Build upon the critical thinking and technical skills to analyze and resolve
complex accountancy issues; and

Provide for depth and breadth in the accounting discipline otherwise not
attainable in the undergraduate or MBA.
B. Specific Professions or Careers
After completion of the program, the graduates can pursue middle-level or
advanced positions career/profession for public practice, or in government,
commerce and industry, as well as the academic sectors. Work opportunities (Art.
III, Section 7, CHED CMO 43, Series 2010) are as follows:
Middle-Level Positions
Public Practice -
Audit Manager
Tax Manager
Consulting Manager
Commerce and Industry
Vice President – Finance / Finance Manager
Comptroller
Senior Information Systems Auditor
Senior Fraud Examiner
Senior Forensic Auditor
Management Accountant
Audit Manager
Government
State Accountant V
Director III and IV
Government Accountant and Auditor
Financial Services Manager
Senior Auditor
Education
Senior Faculty
Chair, Accounting Department
Advanced Positions
Public Practice
Senior Consultant
Financial Advisor
Commerce and Industry
Chief Information Officer
Chief Financial Officer
Government
National Treasurer
VP for Finance/CFO (for GOCCs)
Associate Commissioner
Assistant Commissioner
Education
VP for Academic Affairs
Associate Dean
D. Competency Standards
Graduates in Accountancy shall possess the following competencies (Section 5, Art.
VII, CHED CMO 43, Series 2010):



Strong technical and professional accounting skills beyond their
undergraduate course work;
Basic management, communication, and interpersonal skills;
High level of theoretical knowledge and sound understanding of advanced
accounting principles and techniques, including an understanding of the
ethical requirements of the profession;

For those enrolled in the thesis program, the graduates will also acquire
advanced skills in the research methodologies in accounting.
D. Curriculum Design
The curriculum design is described, as adopted under Section 16, Art. VIII, CHED
CMO 43, S 2010, as follows:
The curriculum aims to facilitate the student’s assimilation of advanced knowledge
in accounting and related aspects of business. It focuses on enhancing a student’s
analytical and critical thinking skills, written and oral communication skills, and
understanding of the global nature of the accounting profession.
(1) The course work of thirty-six (36) units for non-thesis-Master’s program shall
be based on the most current and relevant knowledge that can be applied to
the professional development context of professional accountants, as
evidenced by the course reference materials, course requirements, and the
assessment systems.



Reference materials – specialized readings in technical, ethical, and best
practices standards in the specific areas of professional specialization
Course learning requirements – tools should include the production of
approaches, programs, and materials used in the specific areas of
professional specialization; and
Assessment systems – performance-based activities which require
students to demonstrate advanced professional skills.
(2) The course work of thirty (30) units for the thesis-Master’s program shall be
research-based as evidenced by the course reference materials, course
requirements, and assessment systems.



Reference materials – specialized readings, especially research-based
journal articles, books, or monographs
Course learning requirements – development of research competencies,
and
Assessment systems – performance-based activities which require
students to demonstrate higher order thinking skills.
For selected subjects in audit or taxation, there will be team teaching. This will
combine theory and practice and will require a duly accredited faculty handling the
first half of the course and a duly licensed practitioner or practitioners handling the
second part. Both will have a part in designing the course syllabus, but it will be the
faculty that will give the final grade.
For the same subjects that are open to team teaching, the Graduate School will link
up with CPE-granting organizations, such as ACPAPP1, with the objective of giving
CPE credits to those who are enrolled for the full course or to those who opt to
listen to that portion handled by the practitioners. There is, however, an extra fee
(over and above the tuition fee) for the CPE granting organization.
E. Admission Requirements
(1) Applicants with earned Bachelor’s Degree in accountancy, related
business/finance degrees or engineering degrees and other related fields with
basic accounting units from government-recognized institutions are admitted
into the program, supported by
a. Transcript of Records (original and photocopies) with Special Order Number
indicated therein and four (4) photocopies; and
b. Diploma plus four (4) photocopies;
The Program (thesis and non-thesis) requires at least two-year work experience
as part of the admission policy, or this may be waived; provided, that the
applicant has undergone on-the-job training and industry immersion during
his/her undergraduate degree.
(2) Grade Point Average of 2.00 or better in the baccalaureate degree for the
master’s program;
An applicant whose GPA is lower than the required average but whose scores
“average” in the entrance examination may be admitted on “probation” for
one semester, to qualify for readmission if he/she obtains a GPA of 2.00 or
better at the end of the semester.
1
Association of CPAs in Public Practice.
(3) English Language Proficiency based on TOEFL/TOEIC/IELTS score or its
equivalent to qualify for admission. Applicants (Filipinos, Resident and Nonresident Foreign Students) whose English proficiency falls short of the standard
set by the Graduate School, shall be required to take intensive English Program
prior to admission in the regular program. In the absence of
TOEFL/TOEIC/IELTS, applicants for admission shall be required to enroll in the
regular undergraduate English Proficiency course offered by the College of Arts
& Sciences.
(4) Certification of employment and study permit, if working in government or
private agency;
(5) Notarized medical certificate;
(6) Passed the Graduate School Entrance Examination (GSEE);
(7) Certification of good moral character from the Dean and a former faculty
member of the school where the applicant graduated;
(8) Fully accomplished application for admission;
(9) Interview by a member of the Academic Committee; and
(10) Four (4) recent 2”x 2” colored pictures with white background and name
tag.
F. Retention Policy
Students should not incur a general weighted average (GWA) lower than 2.00 to
earn the Master of Science or Master in Accountancy degree.
PROPOSED CURRICULUM
Comparative Matrix of the CHED minimum curricula requirements, Proposed
Accountancy Program of the Graduate School, and other leading schools offering MS
in Accountancy in Metro Manila
Table 1 shows a summary of the curricula/unit requirements of
1. CHED,
2. De La Salle University, and
3. St. Scholastica’s College in Metro Manila
benchmarked with the proposed accountancy curricula/units of the Graduate School
(Annex A).
Based on the CHED CMO, the total units offered in a graduate accountancy program is a
minimum of 36 units. In contrast, the two leading schools in Metro require a minimum
of 42 units, whether this is a thesis or non-thesis program. The accountancy program
as proposed by the Graduate School matches the prescribed by the CHED. In so doing,
those students who enroll in UE’s accountancy program may save a semester of course
work because of the comparatively lower number of required units. In addition, St.
Scholastica’s is reportedly increasing its tuition fee by 10% from P1,564 per unit to
P1,720 per unit by the first semester, AY 2012 to 13.
Table 2 presents the prescribed subjects of CHED’s MS in Accountancy programs, vis-àvis those of De La Salle’s and St. Scholastica’s programs (Annex B).
1. Detailed Curriculum of Proposed Master of Science in Accountancy
(Thesis Program)
The proposal substantially adopts CHED CMO 43, S 2010 prescribed
curricula/subjects/course descriptions, except for subjects which are already being
taught in the Graduate School and maybe considered equivalent, as indicated
below.
I. Admission Requirement:
Bachelor’s Degree in Accountancy , Business, or Engineering
II. CORE/FOUNDATION COURSES
(9 Units)
GMB 711 Corporate Social Responsibility and Good Governance (in lieu of Business
Management and Governance of CHED)2
GMB 731 Managerial Statistics with Computer Application (in lieu of Statistics with
Computer Application of CHED)
Accounting Research (to be taken prior to thesis writing)
III (A). MAJOR IN MANAGEMENT ACCOUNTING
(15 Units)
GMB 716 Economic Analysis for Managers (in lieu of Managerial Economics of CHED)
GMB 721 Management Science (in lieu of Quantitative Methods of CHED)
GMB 737 Corporate Finance
Organizational Management
Managerial Control and Costing Systems
III (B). MAJOR IN INTERNAL AUDITING
(15 units)
Internal Auditing Theory and Practice
Enterprise Risk Management
Information Systems Auditing
Forensic Accounting and Fraud Investigation
Audit Communications
III (C). MAJOR IN TAXATION
(15 Units)
Taxation of Business and Investment Transactions
State and Local Taxation
Comparative International Taxation
Tax Planning and Research
Special Topics in Taxation
2
Subjects with prefixed codes are subjects offered in various programs of the Graduate School.
IV. COGNATES
(6 Units)
Government Accounting
Government Auditing
Advanced Financial Reporting and Analysis
Seminar in Advanced Audit Topics
Accounting Information Systems
Research Methods in Accounting (to be developed)
Statistics Applied to Accountancy Research (to be developed)
Ethical Leadership and Communications
GMA 711 Management Accounting
V. WRITTEN COMPREHENSIVE EXAMINATION
VI. THESIS (Empirical Research)
(6 Units)
GMB 798 Thesis Writing I
GMB 799 Thesis Writing II with Research Colloquium
TOTAL PER MAJOR MS COURSE (Thesis Program): 36 Units
2. Detailed Curriculum of the Proposed Master of Science in Accountancy
(Non-Thesis Program)
The proposal for the industry track substantially adopts CHED CMO 43, S 2010
prescribed curricula
I. Admission Requirement:
Bachelor’s Degree in Accountancy, Business or Engineering
II. CORE/FOUNDATION COURSES
(9 Units)
GMB 711 Corporate Social Responsibility and Good Governance (in lieu of Business
Management and Governance of CHED)
GMB 731 Managerial Statistics with Computer Application (in lieu of Statistics with
Computer Application of CHED)
Accounting Research (to be taken before Applied Research)
III (A). MAJOR IN MANAGEMENT ACCOUNTING
(15 Units)
GMB 716 Economic Analysis for Managers (in lieu of Managerial Economics of CHED)
GMB 721 Management Science (in lieu of Quantitative Methods of CHED)
GMB 737 Corporate Finance
Organizational Management
Managerial Control and Costing Systems
III (B). MAJOR IN INTERNAL AUDITING
(15 units)
Internal Auditing Theory and Practice
Enterprise Risk Management
Information Systems Auditing
Forensic Accounting and Fraud Investigation
Audit Communications
III (C). MAJOR IN TAXATION
(15 Units)
Taxation of Business and Investment Transactions
National and Local Taxation
Comparative International Taxation
Tax Planning and Research
Special Topics in Taxation
IV. COGNATES/ELECTIVES
(6 Units)
Government Accounting
Government Auditing
Advanced Financial Reporting and Analysis
Seminar in Advanced Audit Topics
Accounting Information Systems
Ethical Leadership and Communications
GMA 711 Management Accounting
VI. INTEGRATING COURSES
(6 Units)
Applied Research (in student’s major field)
GMB 727 Policy Formulation and Strategic Management (Integrating course for MBA
Programs of the Graduate School)
V. WRITTEN COMPREHENSIVE EXAMINATION
TOTAL PER MAJOR (Non-Thesis Program): 36 Units
The proposal for the teaching track substantially adopts CHED CMO 43, S 2010
prescribed curricula
III. Admission Requirement:
Bachelor’s Degree in Accountancy, Business or Engineering
IV. CORE/FOUNDATION COURSES
(6 Units)
GMB 711 Corporate Social Responsibility and Good Governance (in lieu of Business
Management and Governance of CHED)
GMB 731 Managerial Statistics with Computer Application (in lieu of Statistics with
Computer Application of CHED) or Statistics Applied to Accountancy Research
III (A). MAJOR IN MANAGEMENT ACCOUNTING
(15 Units)
GMB 716 Economic Analysis for Managers (in lieu of Managerial Economics of CHED)
GMB 721 Management Science (in lieu of Quantitative Methods of CHED)
GMB 737 Corporate Finance
Organizational Management
Managerial Control and Costing Systems
III (B). MAJOR IN INTERNAL AUDITING
(15 units)
Internal Auditing Theory and Practice
Enterprise Risk Management
Information Systems Auditing
Forensic Accounting and Fraud Investigation
Audit Communications
III (C). MAJOR IN TAXATION
(15 Units)
Taxation of Business and Investment Transactions
National and Local Taxation
Comparative International Taxation
Tax Planning and Research
Special Topics in Taxation
IV. COGNATES/ELECTIVES
(9 Units)
Educ 503 Foundations of Education
Educ 505 Curriculum Development
ES 501 Test and Measurement
GMA 711 Management Accounting
Statistics Applied to Accountancy Research
Research Methods in Accounting
VI. INTEGRATING COURSES
(6 Units)
Applied Research (in student’s major field)
GMB 727 Policy Formulation and Strategic Management (Integrating course for MBA
Programs of the Graduate School)
V. WRITTEN COMPREHENSIVE EXAMINATION
TOTAL PER MAJOR (Non-Thesis Program): 36 Units
COURSE DESCRIPTIONS
CHED Suggested Courses
The course descriptions for the specific courses in Part IV (1 and 2) of this proposal are
adopted from CHED CMO 43, S 2010 for the Master of Science in Accountancy, as
follows:
Accounting Research. Examination of research problems and techniques in accounting.
Interdisciplinary nature of accounting research is emphasized. Work in any of the
specialized fields of accounting and finance used to develop current trends in
accounting research. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Internal Auditing Theory and Practice. Theory and practical application of modern,
management-oriented internal auditing. Covers the basic theory of internal auditing
and then utilization of that theory in various case-study applications.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Enterprise Risk Management. Integrated approach to enterprise risk management
addressing business, operations, project, safety, security and privacy risk. It covers
major topics such as the top 10 risks factors that threaten a business, business
drivers for risk management, risk management framework, risk management tools
and methods, how to define risks for your organization, implementing a risk
management program and developing a risk management culture in your
organization. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Information Systems Auditing. Management of information systems audit and the
evaluation of IT management. Analysis and review of internal controls in
contemporary computer installations and applications. Used of basic and advanced
information systems audit techniques and methodologies, including audit software,
integrated test facility, and concurrent auditing techniques. Technology audit
reviews of the audit requirements for such technologies as LANs, EDI, and expert
systems. Legal and professional requirements and computer abuse/fraud auditing.
Review of future IS audit techniques, methodologies, research and social
implications. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Forensic Accounting and Fraud Investigation. Deceptions in financial and accounting
processes. Topics include financial fraud understanding, identification, prevention
and auditing, its legal proceedings and its required testimony by an expert witness,
and the corresponding professional responsibilities of the auditor.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Audit Communications. Application of oral and written communication skills
throughout each stage of the internal audit assurance engagement process. This
interactive course will encourage students to “learn by doing” in a team-building
environment. It will comprise lectures, class discussion, small group assignments,
and role playing. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Government Accounting. The basic principles of fund accounting are covered,
including the analysis of financial management systems applicable to government
agencies, GOCCs and local government units. This course also introduces students
to major pronouncements of the Governmental Accounting Standards Board
(GASB). An introduction to the New Government Accounting System (NGAS) is also
provided, including a review of Government Auditing Standards, promulgated by
the Commission on Audit. Credits: 3 units No. of Hours: (3 hours per week) 54
hours
Government Auditing.
This course will provide students with an in-depth
understanding of the concepts associated with the types of audits found in a public
sector environment. An objective of this course is to enable the student to
understand and have a working knowledge of the theory of the government audit
process and its practical applications. It examines various government auditing
standards promulgated by the Commission on Audit. Auditing standards and
procedures are studied for financial and compliance audits, as well as for economy
and efficiency audits. The role of performance auditing in governmental and
nonprofit organizations is also covered. Case studies are used extensively.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Taxation of Business and Investment Transactions. Focuses on the fundamental
concepts of income taxation that apply to business and financial transactions typical
of most taxpayers, such as choice of business entity; measurement of taxable
income (loss) from operations; acquisitions and dispositions of property;
nontaxable exchanges; cost recovery; compensation and retirement planning; and
investment and personal financial plan. Credits: 3 units No. of Hours: (3 hours per
week) 54 hours
National and Local Taxation. This course introduces the student to the fundamentals
of state and local taxation. The course is not intended to make the student
technically proficient in all areas of state and local taxation, but rather, it surveys
the taxes that states generally impose on its citizens, corporations, and other
entities. The impact on society of current and proposed state and local taxes will be
explored through the study of assigned readings and in-depth class discussions.
Credit: 3 units No. of Hours: (3 hours per week) 54 hours
Comparative International Taxation. The objective of the course is to broaden
knowledge in the field of international taxation by introducing the student to the
study of comparative foreign tax systems. The coverage is wide-ranging, touching
on several countries and substantive categories of taxes as well as procedural
aspects. While the income tax will be stressed, value added tax (VAT) will also be
discussed. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Tax Planning and Research. This course is an in-depth study of the tax-planning
process and research tools that are available to both the professional business
manager and tax practitioner. Credits: 3 units No. of Hours: (3 hours per week)
54 hours
Special Topics in Taxation. Discussions include, but are not limited to, such topics as:
transfer pricing, tax timing, and taxation of independent contractors.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Advanced Financial Reporting and Analysis. Studies advanced topics in financial
accounting. Emphasis is on accounting for business combinations, including
purchase and pooling of interests, consolidated financial statements, cash flows,
translation of foreign financial statements, and other selected issues.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Seminar in Advanced Audit Topics. This course is designed to help students with
previous audit-related coursework develop an in-depth understanding of the audit
services market. The focus is (1) the nature and value of external audits of
corporate financial statements; (2) the structure, conduct, and performance of the
public accounting profession; and (3) the conceptual and practical problems
external auditors face. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Accounting Information Systems. The development and implementation of integrated
organizational computer-based information systems has had a significant impact on
the field of accounting. Accounting information systems must meet the multiple
accounting needs of transaction processing, internal controls and audit, and
financial statement preparation and simultaneously support the needs of decisionmakers in finance, operations, marketing, human resources, and strategic
management. The Sarbanes-Oxley Act makes corporate executives explicitly
responsible for establishing, evaluating and monitoring the effectiveness of internal
control over financial reporting. For most organizations, the role of IT will be crucial
to achieving these objectives. This course presents system and control concepts
necessary for the design, implementation, control and audit of accounting
information systems with an emphasis on the accounting cycle, database design
requirements, information system controls, financial reporting, and management
responsibilities for compliance. Credits: 3 units No. of Hours: (3 hours per week)
54 hours
Ethical Leadership and Communications. The course is focused on helping students
gain the knowledge and develop the skills in the areas of communication,
leadership, and ethics that they will need to become a successful accounting
professional. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Graduate School Courses (existing)
GMA 711: Management Accounting. Focuses on the problem of business decisions,
making extensive use of cases. Topics include activity-based costing and
management, agency theory, budgetary control systems, behavioral research in
management accounting, compensation and incentive systems, efficiency and
productivity measurement, decentralized performance evaluation systems, and
quality control and measurement issues. The emphasis throughout is on the use of
economic reasoning to solve actual business decision problems
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
GMB 711: Corporate Social Responsibility and Good Governance. Business, financial,
political and legal issues affecting systems by which corporations are directed and
controlled both in industrialized and developing countries. Covers the nature of the
corporation, the basic theory of the firm, the internal and external architecture of
corporate governance, the role of regulatory authorities, models of corporate
governance, principal-agent theory within the corporate context, as well as
corporate culture, corruption, management and board compensation, concepts of
social responsibility and capital market development and international cross-listing
of shares. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
GMB 713: Managerial Statistics with Computer Application. Methods of collecting,
analyzing and interpreting data for managerial decision making. Topics include data
presentation, measures of central tendency, dispersion, and skewness, discrete
and continuous probability distributions, sampling methods and distributions,
confidence intervals ( for parameter estimates) and test of hypotheses.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
GMB 716: Economic Analysis for Managers. Microeconomic and macroeconomic
issues from a theoretical and applied perspective. The course stresses analytical
reasoning and the application of quantitative techniques and economic
methodology to managerial problems. Particular emphasis is placed on the
limitations, strengths, and uncertainties of macro- and microeconomic policies in
view of changing institutional and regulatory environments, extensive global
interactions and linkages, and increasingly volatile individual expectation. Credits: 3
units No. of Hours: (3 hours per week) 54 hours
GMB 621: Management Science. Quantitative tools and principles used to model
operational procedures in economic and business systems—types of variables,
mathematical sets, and functional forms in constrained and unconstrained
optimization. Other topics include tractability, duality, Kuhn-Tucker theory,
algorithms and computation. Credits: 3 units No. of Hours: (3 hours per week)
54 hours
GMB 727 : Policy Formulation and Strategic Management. This capstone course aims
to integrate the concepts of strategic management, business strategy formulation
and business policy. The course explores the concepts behind strategic
management and strategy formulation. This includes exploring the issue of social
responsibility, defining a company’s mission statement, the use of internal analysis,
external analysis, and levels of strategy. The course also examines issues involved
with strategy implementation. This includes structural, cultural and leadership
implications. A final strategy paper is required and is defended before a panel of
examiners. Credits: 3 units No. of Hours: (3 hours per week) 54 hours
GMB 737: Corporate Finance. Principles of corporate finance and practical tools for
financial decisions and valuation. The course focuses on two broad topics: financial
policy (factors that determine a company’s need for external financing, be it debt or
equity, optimal mix of debt and equity financing) and valuation (tools as a basis for
selecting investment projects and valuing companies.)
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
GMB 798: Thesis Writing I. The MBA program requires each student to demonstrate
his/her mastery of a specific problem drawn from a chosen field of specialization,
relevant business literature and theory, and appropriate research methods by
passing the oral presentation of his/her thesis proposal. This proposal normally
includes submission – to the student’s MBA Thesis Committee – of the first three
chapters of his/her study (1) the research problem, (2) review of related literature
and studies, and (3) research design. The thesis writing course provides students
with direct advising instruction designed to help students present passing
proposals. Each student’s Thesis Committee Chairperson certifies to the Dean that
the formal MBA Thesis Proposal is acceptable Credits: 3 units
GMB 799: Thesis Writing II with Colloquium. The course provides individual faculty
mentoring to the student while they continue the process of completing their
projects. The student must have an approved Thesis Proposal before enrolling in
this course. The final requirement of the course is a successful oral defense of the
completed research study. Prior to graduation the student’s Thesis Committee
must approve the MBA Thesis without changes. Credits: 3 units
Educ 503: Foundations of Education. Deals with the application of psychology to
education, the determinants of behavior, how students learn, the transfer and
management of leaning, emotional, physical and social factors in learning, and
teacher-student relationships. Credits: 3 units No. of Hours: (3 hours per week)
54 hours
Educ 505: Curriculum Development. Critical study of development in the theory and
practice of curriculum making. Comprehensive consideration of newer curriculum
practices, the philosophy and psychology upon which they are based, and newer
methods by which they are evaluated.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
ES 501: Test and Measurement. Historical development of test measurement,
functions and qualities of good measuring instruments, different steps in
constructing teacher-made tests and improving reliability of test instruments
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Graduate School Courses (proposed)
Research Methods in Accounting. A course designed to prepare the graduate student
for thesis writing; teaches him how to make a research paper following the steps of
scientific inquiry and he format for thesis; also introduces the student to the more
important methods of accounting research which he can make use of in his
research paper as well as in the classroom.
Credits: 3 units No. of Hours: (3 hours per week) 54 hours
Statistics Applied to Accountancy Research. Basic statistical techniques applied to
accountancy research. Credits: 3 units No. of Hours: (3 hours per week) 54 hours