Graduate Curriculum Committee Course Proposal Form
for Courses Numbered 5000 and Higher
Note: Before completing this form, please carefully read the accompanying instructions.
1. Course prefix and number:
ACCT 6621
2. Date:
11/18/2008
3. Requested action:
X New Course
Revision of Active Course
Revision & Unbanking of a Banked Course
Renumbering of an Existing Course from
from
to
#
#
4. Justification (based on accreditation and/or assessment by the graduate faculty) for
new course or course revision or course renumbering:
The financial aid issue addressed in the memo is the
main reason for this change. MSAs currently have to
take the undergraduate accounting concentration
courses.
Thus, they take both graduate and
undergraduate courses during the same semesters until
late in their program. As noted earlier, over 60% receive
financial aid. If we do not make this change, it will not
only limit the growth of our very successful program but
will likely substantially reduce the quantity and quality
of our MSA students. This class is a combination of the
undergraduate intermediate accountings (ACCT 3551 &
3561) and accounting theory (ACCT 6801) which is
eliminated in this proposal. This change makes our
program more attractive to potential students and will
allow the Accounting Department to consider bringing
the MSA online in the near future.
5. Course description exactly as it should appear in the next catalog:
ACCT 6621. Intermediate Financial Accounting Theory
(3) P: ACCT 6221. Principles and concepts underlying
the compilation of financial statements along with
financial reporting problems and contemporary financial
accounting issues.
6. If this is a course revision, briefly describe the requested change:
7. Graduate catalog page number from current graduate catalog:
168
8. Course credit:
Lecture Hours
Weekly
OR
Per Term
Credit Hours
Lab
Weekly
OR
Per Term
Credit Hours
s.h.
Studio
Weekly
OR
Per Term
Credit Hours
s.h.
Practicum
Weekly
OR
Per Term
Credit Hours
s.h.
Internship
Weekly
OR
Per Term
Credit Hours
s.h.
Total Credit Hours
s.h.
6
s.h.
Other (e.g., independent study) Please explain.
9. Anticipated annual student enrollment:
40
10. Affected degrees or academic programs:
Degree(s)/Course(s)
Current Catalog Page
MSA
166
Changes in Degree Hours
6 hours
11. Overlapping or duplication with affected units or programs:
x Not Applicable
Notification & response from affected units is attached
12. Council for Teacher Education Approval (for courses affecting teacher education):
x Not Applicable
Applicable and CTE has given their approval.
13. Statements of support:
a. Staff
x
Current staff is adequate
Additional Staff is needed (describe needs in the box below):
b. Facilities
x
Current facilities are adequate
Additional Facilities are needed (describe needs in the box below):
c. Library
x
Initial library resources are adequate
Initial resources are needed (in the box below, give a brief explanation and an
estimate for the cost of acquisition of required initial resources):
d. Computer resources
x
Unit computer resources are adequate
Additional unit computer resources are needed (in the box below, give a brief
explanation and an estimate for the cost of acquisition):
x
ITCS Resources are not needed
The following ITCS resources are needed (put a check beside each need):
Mainframe computer system
Statistical services
Network connections
Computer lab for students
Software
Approval from the Director of ITCS attached
14. Course information (see: Graduate Curriculum Development Manual for instructions):
a. Textbook(s): author(s), name, publication date, publisher, and city/state/country
Spiceland, Sepe, and Tomassini, (2007). Intermediate
Accounting, 4th ed. McGraw-Hill Publishing.
b. Course objectives student – centered behavioral objectives for the course
The student will be able to:
a. Understand the fundamental accounting cycle
b. Prepare typical accounting financial statements.
c. Understand the accounting for receivables
inventory, and asset acquisitions and disposals.
d. Understand the accounting for liabilities,
contingencies, bonds, and long-term notes.
e. Understand advanced accounting issues for
leases, pensions, income taxes
c. Course topic outline
a. Review the accounting process.
b. Balance Sheet and Financial Disclosures.
c. Income Statement and Statement of Cash Flows.
d. Cash and Receivables
e. Inventory.
f. Operational Assets: Acquisition, Disposal, Utilization
g. Liabilities, Bond, and Notes
h. Accounting Investments
i. Accounting for Leases and Income Taxes
j. Accounting Pensions and Treasury Stock
k. Earnings Per Share
l. Accounting Changes and Error Correction
d. List of course assignment, weighting of each assignment, and grading/evaluation
system for determining a grade
Course Assignments:
Participation
Homework
Four Exams
Financial Statement Analysis Project
Accounting Theory Paper
Final Exam
Grading Scale:
90-100%
A
80-89%
B
70-79%
C
Below 70%
F
50 points
100 points
100 points each
100 points
100 points
150 points