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Graduate Course Proposal Form Submission Detail - ACG5505

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Current Status: Approved, Permanent Archive - 2010-03-29
Campus: Tampa
Submission Type: change
Course Change Information (for course changes only): Remove ACG 4123 as pre-req and add ACG 3113 as Pre-Req. No changes to co-reqs.
Comments: GC approved 9/18; sent to USF SCNS Office 10/12/09; had been pending pre-req clarification; approved by SCNS 12/2/09, effective 1/2010


  1. Department and Contact Information

    Tracking Number Date & Time Submitted
    1522 2009-09-08
     
    Department College Budget Account Number
    School of Accountancy BA 1402000
     
    Contact Person Phone Email
    Stephanie M. Bryant 9746516 sbryant@coba.usf.edu

  2. Course Information

    Prefix Number Full Title
    ACG 5505 Governmental/Not-For-Profit Accounting

    Is the course title variable? N
    Is a permit required for registration? N
    Are the credit hours variable? N
    Is this course repeatable?
    If repeatable, how many times? 0

    Credit Hours Section Type Grading Option
    3 C - Class Lecture (Primarily) R - Regular
     
    Abbreviated Title (30 characters maximum)
    GOV/NFP ACC
     
    Course Online? Percentage Online
    C - Face-to-face (0% online) 0

    Prerequisites

    ACG 4123

    Corequisites

    ACG 4632

    Course Description

    Application of financial and managerial accounting, and auditing, principles and theory to both governmental and not-for-profit entities.


  3. Justification

    A. Please briefly explain why it is necessary and/or desirable to add this course.

    Needed as part of recent program/concentration/certificate change; We are dropping the ACG 4123 pre-req from ACG 5505 in order to increase flexibility in student scheduling and shorten the time needed for accounting majors to graduate.

    B. What is the need or demand for this course? (Indicate if this course is part of a required sequence in the major.) What other programs would this course service?

    Reducing the prerequisite for taking ACG 5505 from Intermediate Financial Accounting III to Intermediate Financial Accounting II increases flexibility in student scheduling and shortens the time needed for accounting majors to graduate.

    C. Has this course been offered as Selected Topics/Experimental Topics course? If yes, how many times?

    No

    D. What qualifications for training and/or experience are necessary to teach this course? (List minimum qualifications for the instructor.)

    Ph.D.


  4. Other Course Information

    A. Objectives

    Students are expected to gain a solid knowledge of the following accounting topics: financial accounting and reporting by both governmental entities and nonprofit organizations, managerial accounting and auditing issues relating to governmental/nonprofit entities. he student will:

    1. develop an understanding of the accounting principles and practices applicable to government and not-for-profit entities, and how these differ from principles and practices used by businesses.

    2. be able to record and report transactions for government and not-for-profit entities.

    3. understand the importance of management and cost accounting concepts to the operation of government and not-for-profit entities.

    4. know the types of audits applicable to governments and not-for-profits, and the regulatory entities involved in establishing audit standards.

    5. have an elementary understanding of the audit regulation applicable to government and not-for-profit audits

    6. analyze governmental accounting and auditing problems and apply information learned.

    7. continue to develop communication skills.

    B. Learning Outcomes

    the student will:

    1.develop an understanding of the accounting principles and practices applicable to government and not-for-profit entities, and how these differ from principles and practices used by businesses.

    2.be able to record and report transactions for government and not-for-profit entities.

    3.understand the importance of management and cost accounting concepts to the operation of government and not-for-profit entities.

    4. know the types of audits applicable to governments and not-for-profits, and the regulatory entities involved in establishing audit standards.

    5. have an elementary understanding of the audit regulation applicable to government and not-for-profit audits

    6. analyze governmental accounting and auditing problems and apply information learned.

    7. continue to develop communication skills.

    C. Major Topics

    financial accounting and reporting by both governmental entities and nonprofit organizations, managerial accounting and auditing issues relating to governmental/nonprofit entities.

    D. Textbooks

    Accounting for Governmental and Nonprofit Entities by Wilson, Kattelus, and Reck (14th ed., McGraw-Hill, 2007)

    E. Course Readings, Online Resources, and Other Purchases

    Accounting for Governmental and Nonprofit Entities by Wilson, Kattelus, and Reck (14th ed., McGraw-Hill, 2007)

    F. Student Expectations/Requirements and Grading Policy

    Course Content:

    Accounting and reporting for governmental entities 45%

    Accounting and reporting for not-for-profit entities 20%

    Budgeting and cost accounting 15%

    Audits of governmental and not-for-profit entities 20%

    Current topics are addressed in each of the content areas

    Basis for Grade:

    Exam I 90 points

    Exam II 100 points

    Quizzes 20 points

    CAFR project 45 points

    Conversion worksheet project 20 points

    Contribution to class discussion 10 points

    Smithville computer problem 30 points

    Total 315 points

    A: 90-100%

    B: 80-90%

    C: 70-80%

    D: 65-70%

    F: below 65%

    G. Assignments, Exams and Tests

    Course Content:

    Accounting and reporting for governmental entities

    Accounting and reporting for not-for-profit entities

    Budgeting and cost accounting

    Audits of governmental and not-for-profit entities

    Current topics are addressed in each of the content areas

    Basis for Grade:

    Exam I 90 points

    Exam II 100 points

    Quizzes 20 points

    CAFR project 45 points

    Conversion worksheet project 20 points

    Contribution to class discussion 10 points

    Smithville computer problem 30 points

    H. Attendance Policy

    USF Policy on Religious Observances: “ Students who anticipate the necessity of being absent from class due to the observation of a major religious observance must provide notice of the date(s) to the instructor, in writing, by the second class meeting.”

    I. Policy on Make-up Work

    "Plagiarism is defined as “literary theft” and consists of the unattributed quotation of the exact

    words of a published text, or the unattributed borrowing of original ideas by paraphrase from a

    published text. On written papers for which the student employs information gathered from books, articles, or oral sources, each direct quotation, as well as ideas and facts that are not generally known to the public at large, or the form, structure, or style of a secondary source must be attributed to its author by means of the appropriate citation procedure. Only widely known facts and first-hand thoughts and observations original to the student do not require citations. Citations may be made in footnotes or within the body of the text. Plagiarism, also, consists of passing off as one’s own, segments or the total of another person’s work."

    J. Program This Course Supports

    Accountancy


  5. Course Concurrence Information

    n/a



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