TROY UNIVERSITY SORRELL
COLLEGE OF BUSINESS SCHOOL
OF ACCOUNTANCY
ACT 6656
Professional Certification
Spring 2014
INSTRUCTOR INFORMATION:
Dr. Kaye F. Sheridan, CPA
Director and Professor
School of Accountancy
Troy University
155 Bibb Graves Hall
Troy, AL 36082
334-670-3154
334-670-3136 (secretary)
EMAIL: ksheridan@troy.edu
CLASS TIME AND LOCATION:
Monday and Wednesday 5:30 to 9:30 pm
BGRV Bibb Graves Room 147
Prerequisites
The prerequisite for ACT 6656 is graduate student standing. [Note: To achieve graduate student
standing, students must complete all required business program and prerequisites as shown in the
current catalog. To achieve graduate student standing in the accounting option, students must
complete all required accounting prerequisites.]
Description
A review of the accounting standards and procedures pertinent to public accounting certification.
Objectives
On completion of the course, the student should:
•
•
•
Demonstrate a level of understanding of auditing theory and practice similar to the
expectations for a professional certification-based position.
Demonstrate a level of understanding of business law similar to the expectations for a
professional certification-based position.
Demonstrate a level of understanding of financial accounting and reporting similar to the
expectations for a professional certification-based position.
Master Syllabus: ACT 6656
•
•
2
Demonstrate a level of understanding of federal tax law similar to the expectations for a
professional certification-based position.
Demonstrate a level of understanding of business environment and concepts similar to the
expectations for a professional certification-based position.
Purpose
To provide an in-depth review of all concepts covered on the professional accounting
certification exam.
Required Course Materials
Becker CPA Review Course
Grading
Methods:
Attendance
Policy:
Grading Scale:
A
100% Attendance of all live sessions of the review course,
successful completion of 90% of all software multiple
choice questions for each exam part, completion of all four
parts of the Uniform CPA Exam, and successful
completion of two or more parts of the Uniform CPA Exam
with a score of 75 or higher on each part
B
100% Attendance of all live sessions of the review course,
successful completion of 90% of all software multiple
choice questions for each exam part, completion of all four
parts of the Uniform CPA Exam, and successful
completion of one part of the Uniform CPA Exam with a
score of 75 or higher
C
100% Attendance of all live sessions of the review course,
successful completion of 90% of all software multiple
choice questions for each exam part, completion of at least
three parts of the Uniform CPA Exam, with no part
successfully completed with a score of 75 or higher
(passing) or failure to attend live sessions of the review
course and/or failure to complete 90% of all software
multiple choice questions for each exam part even if
student successfully completes at least one part of the
Uniform CPA Exam with a score of 75 or higher.
F
Failure to attend live sessions of the review course or failure
to complete 90% of all software multiple choice questions for
each exam part and failure to successfully complete any part
of the Uniform CPA Exam with a score of 75 or higher.
Attendance will be taken daily at the beginning of class. Students that miss
attendance, whether late or absent, will be marked absent. Students should
present documentation for excused absences on the first class day following the
absence (i.e. doctor’s excuse, Troy University excuse, etc.).
Master Syllabus: ACT 6656
3
INCOMPLETE GRADE POLICY:
Note: A grade of incomplete or “INC” is not automatically assigned to students, but rather must be
requested by the student by submitting a Petition for and Work to Remove an Incomplete Grade Form
(http://trojan.troy.edu/etroy/onlineundergraduateprograms/forms/index.html). Requests for an
incomplete grade must be made on or before the date of the final assignment or test of the term. A
grade of “INC” does not replace an “F” and will not be awarded for excessive absences. An “INC” will
only be awarded to a student who presents a valid case for the inability to complete coursework by the
conclusion of the term. It is ultimately Dr. Sheridan’s decision to grant or deny a request for an
incomplete grade, subject to the policy rules below.
Policy/Rules for granting an Incomplete (INC):
•
An incomplete cannot be issued without a request from the student.
•
To qualify for an incomplete, the student must:
a) have completed over 50% of the course material (50% means all assignments/exams up to and
including the mid-term point, test, and/or assignments) and have a documented reason for
requesting the incomplete (e.g., doctor’s excuse). Note: Dr. Sheridan expects the student to
have completed at least 75% of the course material. Incompletes are generally granted by Dr.
Sheridan if an emergency happens in the last week of classes to prevent the student from
completing the assignments for that last week.
b) be passing the course at the time of their request.
If both of the above criteria are not met an incomplete cannot be granted.
• An INC is not a substitute for an F. If a student has earned an “F” by not submitting all the work or
by receiving an overall F average, then the F stands.
Blackboard Support
The quickest way to receive technical support for Blackboard is to submit a help desk ticket.
If you are experiencing technical difficulties with your coursework or with features in Blackboard that
are generating errors, please click the link below.
Blackboard Support:
http://troy.blackboard.com/bbcswebdav/institution/eCampus/Ed%20Tech/BB/index.html
NON-HARASSMENT, HOSTILE WORK/CLASS ENVIRONMENT:
Troy University expects students to treat fellow students, their instructors, other TROY faculty, and staff
as adults and with respect. No form of “hostile environment” or “harassment” will be tolerated by any
student or employee.
AMERICANS WITH DISABILITY ACT (ADA):
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
Master Syllabus: ACT 6656
4
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 Adaptive Needs Program at
http://troy.troy.edu/studentdevelopment/adaptiveneeds.html.
HONESTY AND PLAGIARISM:
The awarding of a university degree attests that an individual has demonstrated mastery of a significant
body of knowledge and skills of substantive value to society. Any type of dishonesty in securing those
credentials therefore invites serious sanctions, up to and including suspension and expulsion (see
Standard of Conduct in each TROY Catalog). Examples of dishonesty include actual or attempted
cheating, plagiarism*, or knowingly furnishing false information to any university employee.
*Plagiarism is defined as submitting anything for credit in one course that has already been submitted
for credit in another course, or copying any part of someone else’s intellectual work – their ideas and/or
words – published or unpublished, including that of other students, and portraying it as one’s own.
Proper quoting, using strict APA formatting, is required, as described by the instructor. All students are
required to read the material presented at: http://troy.troy.edu/writingcenter/research.html.
Students must properly cite any quoted material. A term paper, business plan, term project, case
analysis, or assignment may have no more than 20% of its content quoted from another source.
Students who need assistance in learning to paraphrase should ask the instructor for guidance and
consult the links at the Troy Writing Center at: http://troy.troy.edu/writingcenter/.
Troy University employs plagiarism-detection software, through which all written student assignments
are processed for comparison with material published in traditional sources (books, journals,
magazines), on the internet (to include essays for sale), and papers turned in by students in the same
and other classes in this and all previous terms.
CHEATING AND PLAGIARISM POLICY:
Accountants must conduct themselves with the highest degree of ethical conduct. Therefore, Dr.
Sheridan has zero tolerance for cheating. The penalty for plagiarism in Dr. Sheridan’s class will be a zero
on the assignment. If plagiarism occurs on a second assignment in the course, the student will receive
an “F” in the course. The penalty for cheating on an exam in Dr. Sheridan’s class will be an “F” in the
course. Cheating includes looking at another student’s paper/screen during an exam, copying another
student’s work, receiving assistance from another student on an exam or assignment unless the
students are members of same group for the particular assignment, copying from the internet or any
other unauthorized source during an exam, having someone other than the student complete the
student’s exam, soliciting someone to complete an exam for the student, talking to another student
during an exam, passing notes or papers to another student during an exam, obtaining a copy of the
exam prior to the exam, obtaining a copy of the solutions manual, and any other unauthorized
assistance on an exam or assignment.
Troy University has adopted an honor code which can be found on page 48 of The Oracle. The Honor
Code reads: “I, (your name), will be honest in all of my academic work and strive to maintain academic
integrity.” Students are expected to abide by this honor code and will be expected to write the
statement on all assignments in this class.
Master Syllabus: ACT 6656
5
CELL PHONE AND OTHER ELECTRONIC DEVICE STATEMENT:
Use of any electronic device by students in the instructional environment is prohibited unless explicitly
approved on a case-by-case basis by the instructor of record or by the Office of Disability Services in
collaboration with the instructor. Cellular phones, pagers, and other communication devices may be
used for emergencies, however, but sending or receiving non-emergency messages is forbidden by the
University. Particularly, use of a communication device to violate the Troy University “Standards of
Conduct” will result in appropriate disciplinary action (See the Oracle.)
In order to receive emergency messages from the University or family members, the call receipt
indicator on devices must be in the vibration mode or other unobtrusive mode of indication. Students
receiving calls that they believe to be emergency calls must answer quietly without disturbing the
teaching environment. If the call is an emergency, they must move unobtrusively and quietly from the
instructional area and notify the instructor as soon as reasonable possible. Students who are expecting
an emergency call should inform the instructor before the start of the instructional period.
TROY EMAIL:
All Students
Effective July 1, 2005, all students were required to obtain and use the TROY email address that is
automatically assigned to them as TROY students. All official correspondence (including bills,
statements, emails from instructors and grades, etc.) will be sent ONLY to the troy.edu (@troy.edu)
address.
All students are responsible for ensuring that the correct email address is listed in Blackboard by the
first day of class. Email is the only way the instructor can, at least initially, communicate with you. It is
your responsibility to make sure a valid email address is provided. Failure on your part to do so can
result in your missing important information that could affect your grade.
Your troy.edu email address is the same as your Web Express user ID following by @troy.edu. Students
are responsible for the information that is sent to their TROY account. You can get to your email account
by logging onto the course and clicking “email link.” You will be able to forward your Troy email to
you’re a different email account. You must first access your Troy email account through the Troy email
link found on the website. After you log in to your Troy email account, click on “options” on the left
hand side of the page. Then click on “forwarding.” This will enable you to set up the email address to
which you want your email forwarded.
LIBRARY SUPPORT:
The Libraries of Troy University provide access to materials and services that support the academic
programs. The address of the Library Web site is http://library.troy.edu. This site provides access to the
resources of all Campus and Regional Libraries, as well as to resources such as the Library’s Catalog and
Databases. Additionally, the Library can also be accessed by choosing the “Library” link from the
University’s home page, www.troy.edu/current/.
FACULTY EVALUATION:
Towards the end of the term, students will be notified of the requirement to fill out a course evaluation
form. These evaluations are completely anonymous and are on-line. Faculty take the evaluations
Master Syllabus: ACT 6656
6
seriously and use them to improve their classes so PLEASE comply with the request when you receive
the notification.
MISSION AND VISION STATEMENTS:
School of Accountancy Mission Statement: The mission of the School of Accountancy is to advance the
accounting profession by providing quality accounting education to both undergraduate and graduate
students, publishing quality research and providing service to the professional community. We prepare
students for successful careers with increasing professional and managerial responsibility in public
accounting as well as government and industry and prepare undergraduate students for admission to
graduate programs in accounting and business.
SCOB Mission Statement
The Sorrell College of Business supports the Troy University mission by preparing our diverse student
body to become ethical professionals equipped to compete in the global business environment. To
achieve this, our faculty, staff, and administration will:
1) provide quality education in global business through our undergraduate and graduate programs,
delivered around the world through face-to-face and online environments, to traditional, nontraditional, military, and international students;
2) contribute to the development and application of knowledge focused on applied business,
learning, and pedagogical research;
3) provide service to the University, business and professional organizations, and our communities
through individual involvement, business outreach, and our centers for research.
SCOB Value Statement
The Sorrell College of Business will be a recognized and respected leader for quality and flexibility in the
delivery of business education that prepares graduates to succeed in the global business environment.
Troy University Mission Statement: Troy University is a public institution comprised of a network of
campuses throughout Alabama and worldwide. International in scope, Troy University provides a variety
of educational programs at the undergraduate and graduate levels for a diverse student body in
traditional, nontraditional and emerging electronic formats. Academic programs are supported by a
variety of student services which promote the welfare of the individual student. Troy University's
dedicated faculty and staff promote discovery and exploration of knowledge and its application to lifelong success through effective teaching, service, creative partnerships, scholarship and research.
Becker CPA Review Professional Review
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Troy University
147 Bibb Graves Hall
Troy, AL 36082
1-800-868-3900
Enroll Now
5:30pm - 9:30pm
AUDIT
2012
MON
TUE
DEC
REGULATION
WED
2013
MON
WED
2013
4-A1
JAN
20-R1
22-R2
MAR
27-R3
29-R4
3-R5
5-R6
9-A2
11-A3
16-A4
18-A5
Self-Study at Home* A6
FEB
FINANCIAL
BUSINESS
10-R7
WED
2013
3-B1
5-B2
APR
10-B3
12-B4
MON
MON
WED
7-F1
9-F2
14-F3
16-F4
17-B5
21-F5
23-F6
Self-Study at Home* B6
28-F7
30-F7
MAY
Self-Study at Home* R8
5-F9
Self-Study at Home* F10
Schedules are subject to change.
*This Self-study lecture is to be completed at home prior to sitting for this exam. Review of this lecture is required to earn the Becker Promise.
CPA Class Topics
Financial
F1:
F2:
F3:
F4:
F5:
F6:
F7:
F8:
F9:
F10:
Regulation
Standard Setting, Income Statement, and Reporting
Requirements
Matching (Revenue & Expenses), Foreign Currency Accounting,
and Other Financial Statement Presentations
Marketable Securities and Business Combinations
Working Capital and Fixed Assets
Leases, Liabilities, and Bonds
Pensions and Income Tax Accounting
Stockholders' Equity, Cash Flows, and Ratio Analysis
Governmental Accounting
Governmental and Not-for-Profit Organizations
Fair Value, Partnerships, VIEs, AROs, Liabilities, Contingencies,
Subsequent Events, and Financial Instruments
R1:
R2:
R3:
R4:
R5:
R6:
R7:
R8:
Audit
A1:
A2:
A3:
A4:
A5:
A6:
Business
Audit Reports
Other Reports
Engagement Acceptance, Planning, and Risk Assessment
Audit Evidence
Sampling and Communications
Professional Responsibilities, Audit Documentation, Effect of IT,
and Government Auditing
B1:
B2:
B3:
B4:
B5:
B6:
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loc. 01C
Individual Tax - Income
Individual Tax - Adjustments, Deductions, and Credits
C Corporation and S Corporation Taxation
Partnership Taxation, Estate & Gift Taxation, and Additional
Tax Topics
Contracts and Sales
Commercial Paper, Secured Transactions, and Suretyship &
Creditors' Rights
Agency, Bankruptcy, Securities, and CPA Legal Liability
Business Structure and Other Law Topics
Corporate Governance and Operations Management
Strategic Planning
Financial Management
Information Systems and Communication
Economic Concepts
Process and Project Management, Globalization, Financial
Risk Management, Decisions, and Valuation
http://www.becker.com/accounting/cpaexamreview/locations_sched/dsplSched.cfm?centerID=278&sID=2461
12/05/12