Cover/Signature Page - Abbreviated Template/Abbreviated Template with Curriculum
Institution Submitting Request: Utah Valley University
Proposed Title: BS in Accounting with an Emphases in Internal Auditing and General Accounting
Currently Approved Title: Bachelor of Science in Accounting
School or Division or Location: Woodbury School of Business
Department(s) or Area(s) Location: Accounting
Recommended Classification of Instructional Programs (CIP) Code1 (for new programs): 52.0303
Proposed Beginning Date (for new programs): 08/25/2014
Institutional Board of Trustees’ Approval Date: October 24, 2013
Proposal Type (check all that apply):
Regents’ General Consent Calendar Items
R401-5 OCHE Review and Recommendation; Approval on General Consent
Calendar
SECTION NO.
ITEM
5.1.1
Minor*
5.1.2
x
Emphasis*
5.2.1
Certificate of Proficiency*
5.2.3
Graduate Certificate*
New Administrative Unit
Administrative Unit Transfer
5.4.1
Administrative Unit Restructure
Administrative Unit Consolidation
New Center
5.4.2
New Institute
New Bureau
5.5.1
Out-of-Service Area Delivery of Programs
Program Transfer
5.5.2
Program Restructure
Program Consolidation
5.5.3
Name Change of Existing Programs
Program Discontinuation
5.5.4
Program Suspension
Reinstatement of Previously Suspended Program
5.5.5
Reinstatement of Previously Suspended Administrative Unit
Chief Academic Officer (or Designee) Signature:
I certify that all required institutional approvals have been obtained prior to submitting this request to the
Office of the Commissioner.
Signature
Updated 4/24/13
Date: 04/30/2013
Printed Name: Ian Wilson
Program Request - Abbreviated Template
Utah Valley University
Emphasis in Internal Auditing
Emphasis in General Accounting
08/25/2014
Section I: Request
The Department of Accounting in Woodbury School of Business at Utah Valley University requests the
addition of emphases in Internal Auditing and General Accounting to the Bachelor of Science Degree
effective Fall 2014. These emphases were approved by the Board of Trustees on October 24, 2013.
Section II: Need
The Internal Auditing emphasis is designed to develop students’ professional abilities in the areas of riskbased auditing, problem solving, ethical reasoning, and communication through an engaged and
experiential learning experience. The General Accounting emphasis provides a general accounting
education for students who do not want to specialize in internal auditing.
“The global market demand for Internal Auditors far exceeds the professional supply. The demand for
Internal Auditors today is unprecedented, and is expected to increase annually as public and private
companies and government entities continue to expand their audit needs in response to corporate
reforms.”2
“Rising governance issues in companies and increasing corporate frauds have led to a surge in demand for
talent in the internal audit arm of audit firms and companies. Audit firms like Ernst & Young,
PricewaterhouseCoopers (PwC) and Protiviti Consulting are ramping up hiring for internal audit and risk
advisory functions. While the headcount at E&Y's internal audit arm has more than doubled to 1,250 from
600 over the past three years, the internal audit and risk advisory arm of PricewaterhouseCoopers has
grown by 150% in terms of headcount over the past three years.”3
2
Institute of Internal Auditors www.theiia.org/download.cfm?file=71675, Retrieved: April 17, 2013.
The Economic Times, http://articles.economictimes.indiatimes.com/2012-06-12/news/32195250_1_internal-auditors-audit-firms-statutoryaudit. Retrieved: June 20, 2012.
3
Updated 4/24/13
If approved, Utah Valley University’s internal auditing emphasis would be the only one in the State of Utah,
and one of only five internal auditing programs in the Western United States. One of the programs is in
Nevada and the other three are in California. The accounting department has a strong relationship with the
Institute of Internal Auditing’s Salt Lake City Chapter, which has provided support for the students taking
internal auditing courses. Currently employers are hiring students taking UVU’s internal auditing courses as
interns and for full-time employment.
The Institute of Internal Auditors requires an Emphasis in Internal Auditing in order to be recognized at the
highest level for excellence in internal auditing.
Section III: Institutional Impact
The Department of Accounting currently offers all of the courses required for the Emphasis in Internal
Auditing and the Emphasis in General Accounting. The courses included in the emphases, are currently
being taught in the accounting program by faculty members, and the strategic plan for the WBS does not
foresee the need of additional faculty for either emphasis.
Section IV: Finances
All of the required courses exist currently; thus, no new courses or sections will be required to support the
Internal Auditing Emphasis. Funding to support the existing courses is already in place; no new funds are
required.
Updated 4/24/13
Section V: Program Curriculum
Course Prefix and Number
General Education Requirements:
ENGL 1010
ENGL 2010
ENGL 2020
MATH 1050
Complete one of the following:
HIST 2700
HIST 2710
HIST 1700
HIST 1740
POLS 1000
POLS 1100
Complete the following:
PHIL 2050
HLTH 1100 or
PES 1097
Distribution Courses:
Biology
Physical Science
Additional Biology or Physical Science
Humanities Distribution
Fine Arts Distribution
ECON 2020
Updated 4/24/13
Title
Credits: 36
Introduction to Writing (3.0)
Intermediate Writing—Humanities/Social
Sciences (3.0); or
Intermediate Writing—Science and
Technology (3.0)
College Algebra (4.0); or
An Advanced Placement (AP) Mathematics
Test with a score of 3 or higher
Credit Hours
3
3
4
3
US History to 1877 (3.0); and
US History since 1877 (3.0)
American Civilization (3.0)
US Economic History (3.0)
American Heritage (3.0)
American National Government (3.0)
Ethics and Values (3.0)
Personal Health and Wellness (2.0); or
Fitness for Life (2.0)
3
2
3
3
3
3
3
Macroeconomics (Fulfills the
Social/Behavioral Science Distribution (3.0)
3
Course Prefix and Number
Discipline Core Requirements:
Business Foundation Courses:
ACC 2010
ACC 2020
ACC 2030
IM
2600
MATH 1100
MGMT 2240
ECON 2010
MGMT 2200
MGMT 2340
MGMT 2390
Business Core Courses:
LEGL 3000
MKTG 3600
FIN 3100
MGMT 3000
MGMT 3450
MGMT 4850
MGMT 495R
MGMT 493R
Accounting Core Courses:
ACC 3010
ACC 3020
ACC 312G
ACC 3300
ACC 3400
ACC 3510
Elective Requirements:-- Credits: 13.0
Title
Credit Hours
Credits: 62.0
Financial Accounting (3.0) and
Managerial Accounting (3.0) or
Principles of Accounting (6.0)
Business Computer Proficiency Exam
Spreadsheet Applications
Introduction to Calculus (4.0) or
Business Quantitative Analysis (3.0)
Microeconomics (3.0)
Business Communication (3.0)
Business Statistics I (3.0)
Professional Business Presentations (3.0)
3
3
3
3
3
3
Business Law (3.0)
Principles of Marketing (3.0)
Principles of Finance (3.0)
Organizational Behavior (3.0)
Operations Management (3.0)
Business Strategy Formulation and
Implementation (4.0)
Executive Lecture Series (1.0); or
Entrepreneurship Lecture Series (1.0)
3
3
3
3
3
Intermediate Accounting I (3.0)
Intermediate Accounting II (3.0)
International Internal Auditing (3.0)
Cost Management (3.0)
Individual Income Tax (3.0)
Accounting Information Systems (3.0)
3
3
3
3
3
3
Complete 13 credits of any course 1000 or
higher
13
Emphasis in Internal Auditing (9.0); or
Emphasis in General Accounting (9.0)
9
4
1
Total
Updated 4/24/13
6
120
Emphasis in Internal Auditing
Emphasis Requirements:--Credits: 9.0
ACC
ACC
ACC
Course Prefix and Number
4130
4510
4800; or
ACC 481R
Title
Case Studies in Internal Auditing (3.0)
Information Systems Auditing (3.0)
Fraud Examination and Forensic Accounting
(3.0)
Internship (Subject to approval by internal
auditing faculty). Repeat for 3 credits. (2.0)
Total Internal Auditing Emphasis
Credits
Total
Credit Hours
3
3
3
9
OR
Emphasis in General Accounting
Emphasis Requirements:--Credits: 9.0
Complete 9 credits from the following tracks:
Managerial Accounting Track
ACC 4310
Advanced Management Accounting (3.0)
ACC 4030
Governmental and Not-For-Profit Accounting (3.0)
ACC 4420
Corporate Tax (3.0)
Public Accounting (Graduate School) Track
ACC 4020
Advanced Financial Accounting (3.0)
ACC 4110
Auditing (3.0)
ACC 4420
Corporate Tax (3.0)
Taxation Track
ACC 4420
Corporate Tax (3.0)
ACC 4440
Partnership Tax (3.0)
ACC 4460
Estate and Gift Tax (3.0)
Total General Accounting Track Credits
Updated 4/24/13
3
3
3
3
3
3
3
3
3
9
Program Schedule
Fall of First Year
(Course Prefix and
Number)
ENGL 1010
MATH 1050
HLTH 1100
BIOL 1010
MUSC 1010
Course Title
Credit
Hours
Introduction to Writing
College Algebra
Personal Health and Wellness
General Biology
Introduction to Music
Semester total:
Spring of First Year
(Course Prefix and
Number)
ENGL 2010
POLS 1000
PHIL 2050
CHEM 1010
COMM 1020
Fall of Second Year
(Course Prefix and
Number)
GEO 1010
ACC 2010
MGMT 2240
ECON 2010
MGMT 2200
Course Title
Intermediate Writing—Humanities/Social Sciences
American Heritage
Ethics and Values
Introduction to Chemistry
Public Speaking
Semester total:
Course Title
3
3
3
3
3
15
Credit
Hours
Introduction to Geology
Financial Accounting
Business Quantitative Analysis
Microeconomics
Business Communications
3
3
3
3
3
15
Credit
Hours
Semester total:
Spring of Second Year
(Course Prefix and
Number)
ECON 2020
ACC 2020
IM
2600
MGMT 2340
MGMT 2390
Course Title
Macroeconomics
Managerial Accounting
Spreadsheet Applications
Business Statistics I
Professional Business Presentations
Semester total:
Updated 4/24/13
3
4
2
3
3
15
Credit
Hours
3
3
3
3
3
15
Fall of Third Year
(Course Prefix and
Number)
MKTG 3600
FIN 3100
ACC 3010
ACC 312G
ACC 3400
Course Title
Credit
Hours
Principles of Marketing
Principles of Finance
Intermediate Accounting I
International Internal Auditing
Individual Income Tax
Semester total:
Spring of Third Year
(Course Prefix and
Number)
MGMT 3000
MGMT 3450
ACC 3020
ACC 3300
ACC 3510
Course Title
Organizational Behavior
Operations Management
Intermediate Accounting II
Cost Management
Accounting Information Systems
Semester total:
Updated 4/24/13
3
3
3
3
3
15
Credit
Hours
3
3
3
3
3
15
Fall of Fourth Year
(Course Prefix and
Number)
ACC 4130; or
ACC 4310; or
ACC 4020; or
ACC 4440
ACC 4510; or
ACC 4030; or
ACC 4110; or
ACC 4460
ACC 4800; or
ACC 481R
ACC 4420
LEGL 3000
Elective Requirement
Course Title
Case Studies in Internal Auditing
Advanced Management Accounting; or
Advanced Financial Accounting; or
Partnership Tax
Information Systems Auditing
Governmental and Not-For-Profit Accounting; or
Auditing; or
Estate and Gift Tax
Fraud Examination and Forensic Accounting; or
Internship; or
Corporate Tax
Business Law
Any course 1000 or higher
Semester total:
Spring of Fourth Year
Course Title
(Course Prefix and
Number)
MGMT 4850
Business Strategy Formulation and Implementation
MGMT 495R; or
Executive Lecture Series; or
MGMT 493R
Entrepreneurship Lecture Series
Elective Requirement
Any courses 1000 or higher
Semester total:
Updated 4/24/13
Credit
Hours
3
3
3
3
3
15
Credit
Hours
4
1
10
15