Graduate Studies Reports Access
Graduate Course Proposal Form Submission Detail - ACG5004
Tracking Number - 4836
Current Status:
-
Campus: St Petersburg
Submission Type: New
Course Change Information (for course changes only):
Comments:
Detail Information
- Date & Time Submitted: 2013-10-23
- Department: Business Administration
- College: BP
- Budget Account Number: 140100
- Contact Person: Alison Watkins
- Phone: 7278734086
- Email: awatkins@usfsp.edu
- Prefix: ACG
- Number: 5004
- Full Title: MBA Essentials: Financial Accounting
- Credit Hours: 0
- Section Type: C -
Class Lecture (Primarily)
- Is the course title variable?: N
- Is a permit required for registration?: Y
- Are the credit hours variable?: N
- Is this course repeatable?: Y
- If repeatable, how many times?: 3
- Abbreviated Title (30 characters maximum): MBA Essentials:Financial Acc
- Course Online?: O -
Online (100% online)
- Percentage Online: 0
- Grading Option:
S - S/U Only
- Prerequisites: Admission to Graduate School
- Corequisites: Admission to Graduate School
- Course Description: A survey course of financial accounting. An examination of accounting concepts for presentation of financial information to interested third-party users.
- Please briefly explain why it is necessary and/or desirable to add this course: Replacing Selected Topics with Permanent number; already listed in program
- 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? This course is needed by all USFSP MBA students who do not have an academic background in business or whose undergraduate courses in accounting were taken more than 7 years before entering graduate school.
This course serves no other program.
- Has this course been offered as Selected Topics/Experimental Topics course? If yes, how many times? No
- What qualifications for training and/or experience are necessary to teach this course? (List minimum qualifications for the instructor.) None. Terminal Degree Only.
- Objectives: 1. Introduce students to basic preparation of financial statements
2. Develop an understanding of the income statement.
3. Develop an understanding of the balance sheet
4. Develop and understanding of the statement of cash flows.
5. Introduce students to the importance of financial note disclosures.
- Learning Outcomes: At the end of the course the successful student should understand:
1. The basic flow of information on an income statement
2. The information provided by a statement of cash flows
3. How balance sheets present the financial balance of a company at a point in time.
4. The importance of financial statement note disclosures.
- Major Topics: 1. Basic concepts of financial accounting language
2. The basic construction of an income statement
3. The basic construction of a balance sheet
4. The basic construction of a statement of cash flows
5. Note disclosures in financial statements
- Textbooks: The course is an on-line format using several chapters from the following text:
Financial Accounting:A Business Process Approach, 3rd edition, Jane L. Reimers, (The foregoing is from the 2013 course. Later editions will be used in future years).
- Course Readings, Online Resources, and Other Purchases: From the Riemers text:
Chapter 1. Business: What’s It All About?
Chapter 2. Qualities of Accounting Information
Chapter 3. Accruals and Deferrals: Timing Is Everything in Accounting
Chapter 4. Payment for Goods and Services: Cash and Accounts Receivable
Chapter 5. The Purchase and Sale of Inventory
Chapter 6. Acquisition and Use of Long-Term Assets
Chapter 7. Accounting for Liabilities
Chapter 8. Accounting for Shareholders’ Equity
Chapter 9. Preparing and Analyzing the Statement of Cash Flows
Chapter 10. Using Financial Statement Analysis to Evaluate Firm
- Student Expectations/Requirements and Grading Policy: Students must pass an online quiz for each assigned chapter, scoring at least 80%. Students may retake exams as many times as they wish. They must pass each exam in sequential order, i.e., they cannot take a chapter quiz unless they have passes all the previous chapters. After scoring at least 80% on all exams the students are awarded an S=Satisfactory grade.
There is no time limit as when the student must complete this course. Students can take as long as they want, even in excess of a year or more, to complete the exams.
Students with Disabilities:
Please notify your instructor if you have a learning disability or require special assistance with this portion of Essentials. Confidential personal and learning assistance counseling are made available to students through the USFSP Division of Student Affairs. Contact R. Barry McDowell (mcdowell@stpt.usf.edu) for more information.
- Assignments, Exams and Tests: Financial Accounting (Reimers Text)
E=Exercises; P= Problems; SE = Short Exercises
Chapter 1: Business: What’s It All About
E15 - 29, P 45 - 51
Chapter 2: Qualities of Accounting Information
SE1 - 10, E21 - 28
Chapter 3: Accruals and Deferrals: Timing is Everything
E23 - 28 P 57 - 60, 63, 64, 66
Chapter 4: Payments for Goods and Services:Cash and Accounts Receivable
E 20, 22 - 25, 27, 29 - 31, P 47 - 52
Chapter 5 The Purchase and Sale of Inventory
E 21 - 30 P 48, 49
Chapter 6. Acquisition and Use of Long-Term Assets
E 25-30, P44
Chapter 7. Accounting for Liabilities
E 22-26, P41-41
Chapter 8. Accounting for Shareholders’ Equity
E 25-30, P49
Chapter 9. Preparing and Analyzing the Statement of Cash Flows
E 21-27, P43
Chapter 10. Using Financial Statement Analysis to Evaluate Firm
E 22-28
Students must pass an online quiz for each assigned chapter, scoring at least 80%. Students may retake exams as many times as they wish. They must pass each exam in sequential order, i.e., they cannot take a chapter quiz unless they have passes all the previous chapters. After scoring at least 80% on all exams the students are awarded an S=Satisfactory grade.
- Attendance Policy: No first class attendance policy due to the nature of this course. Students can begin the class at any time. There are no scheduled exams. Students take the exams according to their own schedules. The schedule for the course is not part of the regular semester, so there are no religious conflicts. Students can alter when they take the online exams based on their own personal needs.
There is no time limit as when the student must complete this course. Students can take as long as they want, even in excess of a year or more, to complete the exams. Thus, there will be no conflict with religious holidays as the date a student takes an exam, as well as when they can finish the course, is entirely at their own discretion.
Students with Disabilities:
Please notify your instructor if you have a learning disability or require special assistance with this portion of Essentials. Confidential personal and learning assistance counseling are made available to students through the USFSP Division of Student Affairs. Contact R. Barry McDowell (mcdowell@stpt.usf.edu) for more information.
- Policy on Make-up Work: There is no set make-up policy. Students can begin the class at any time. There are no scheduled exams. Students take the exams according to their own schedules. The schedule for the course is not part of the regular semester, so no regularly scheduled exam is ever missed. Students can alter when they take the online exams based on their own personal needs.
There is no time limit as when the student must complete this course. Students can take as long as they want, even in excess of a year or more, to complete the exams.
See USF Policy on Academic Dishonesty and Disruption of Academic Process at www.ugs.usf.edu/catalogs/0304/adadap.htm
Because of the University’s commitment to academic integrity, plagiarism or cheating on course work or on examinations will result in penalties that may include a grade of “unsatisfactory” for this portion of the Essentials Program. Any incident of academic dishonesty will be reported to the dean of the college. Definitions and punishment guidelines for Plagiarism, Cheating, and Student Disruption of the Academic Process may be found at the web address listed above.
- Program This Course Supports: USFSP MBA Program
- Course Concurrence Information: None. This course is offered only to USFSP MBA students.
- if you have questions about any of these fields, please contact chinescobb@grad.usf.edu or joe@grad.usf.edu.