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Graduate Course Proposal Form Submission Detail - ACG6145

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Current Status: -
Campus: St Petersburg
Submission Type: New
Course Change Information (for course changes only):
Comments:


  1. Department and Contact Information

    Tracking Number Date & Time Submitted
    5370 2016-01-18
     
    Department College Budget Account Number
    School of Accountancy BP 140200
     
    Contact Person Phone Email
    James Fellows 34587 fellows@mail.usf.edu

  2. Course Information

    Prefix Number Full Title
    ACG 6145 Seminar in Accounting

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

    Credit Hours Section Type Grading Option
    3 D - Discussion (Primarily) R - Regular
     
    Abbreviated Title (30 characters maximum)
    Seminar in Accounting
     
    Course Online? Percentage Online
    C - Face-to-face (0% online) 0

    Prerequisites

    Corequisites

    Course Description

    A course that examines the development of conceptual foundations of financial accounting and reporting and provides a theoretical framework whereby contemporary accounting standards and practices can be evaluated.


  3. Justification

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

    Replacing Selected Topics with Permanent number; already listed in program

    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?

    This a core class in the USFSP Master of Accountancy program. An extensive study of financial accounting theory is an integral part of any graduate program in accounting

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

    Yes, 1 time

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

    Ph.D in Accounting or Doctoral Equivalent


  4. Other Course Information

    A. Objectives

    1. Understand the theoretical structure underlying financial accounting and reporting.

    2. Understand how accounting theory relates to basic financial statements and standard setting.

    3. Evaluate the consequences of financial accounting standards and regulations.

    4. Develop and apply analytical and critical thinking skills to contemporary issues in financial accounting practices and standards.

    5. Enhance written and oral communication skills for explaining analysis findings on complex accounting issue

    B. Learning Outcomes

    1. Discuss in a literate fashion, both orally and verbally, the theoretical structure of financial accounting and reporting.

    2. Explain how various components of accounting theory are exemplified in the financial statements of actual companies.

    3. Discuss, both orally and verbally, the economic consequences and perceived burdens to companies from financial reporting regulations.

    4. Analyze the financial statements of existing companies for discrepancies between actual reporting and existing professional accounting standards.

    5. Make an effective oral presentation to the class from an assigned case study that discusses the implications of financial disclosure

    C. Major Topics

    Development of Accounting Theory

    Pursuit of Conceptual Framework

    Income Concepts

    Income Statements

    Balance Sheet & Statement of Cash Flows

    Working Capital

    Property Plant & Equipment

    Investments and Intangibles

    Long-Term Liabilities

    Leases

    Pensions & Other Post-Retirement Benefits

    Equity

    Accounting for Multiple Entities

    D. Textbooks

    Financial Accounting Theory and Analysis: Text and Cases, 11th edition, by R. Schroeder, M. Clark & J. Cathey © John Wiley 2014.

    E. Course Readings, Online Resources, and Other Purchases

    Based on Spring 2016 Syllabus

    In addition to the text there are various online resources from the SEC and Financial Accounting Standards Board that will be used.

    Week of Chapter/Topic Readings Assignments

    Jan.11

    Introduction to the course (Jan.11, Monday) --

    Chap.1: Development of Accounting Theory

    (C=Case; F=FASB ASC Research; D=Room for Debate)

    C:2,3 F:-- ; D:2

    Jan.25

    Chap.2: Pursuit of Conceptual Framework C:4,6

    Chap.5: Income Concepts --

    Feb. 1

    Chap.5: continued … C:1,5,8

    Chap.6: Income Statement --

    Feb. 8

    Chap.6: continued … C:7,9

    Comprehensive Case #1 Report Due Discuss/Present Case #1

    Feb.15

    Chap.7: Balance Sheet & Statement of Cash Flows --

    Chap.8: Working Capital --

    Feb.22

    Chap.7, continued C:2,6; D:1

    Chap.8, continued C: 3,4,9

    Chap.9: Property Plant & Equipment --

    Feb.29

    Exam #1: Chap.1~2 & 5~8 --

    Chap.9, continued C:1,4

    Mar. 7

    Chap.10: Investments and Intangibles --

    Comprehensive Case #2 Report Due Discuss/Present Case #2

    Mar.14 Spring Break Week (3/14~3/19); No Class --

    Mar.21

    Chap.10, continued … C:1,7,8; D:2

    Chap.11: Long-Term Liabilities --

    Mar.28

    Chap.11, continued … C:2,5; D;1

    Comprehensive Case #3 Report Due Discuss/Present Case #3

    Apr. 4

    Chap.13: Leases --

    Chap.14: Pensions & Other Post-Retirement Benefits --

    Apr.11

    Chap.13, continued … C:1,3; D:1

    Chap.15: Equity --

    Apr.18

    Chap.15, continued … C:2,7

    Comprehensive Case #4 Report Due Discuss/Present Case #4

    Apr.25

    Chap.16: Accounting for Multiple Entities C:8,9; D:1

    Apr.30 ~ May 6: Final Exam Week -- Exam Date/Time & Room: TBA

    F. Student Expectations/Requirements and Grading Policy

    The course grade will be determined as follows:

    Total Points

    One Regular Exam 120 points

    Final Exam 180 points

    Homework Quizzes & Other Assignments 100 points

    Comprehensive Cases - Report & Presentation 250 points

    Attendance & Participation 50 points

    TOTAL .......................................................... 700 points

    A 90% and Above

    B+ 87% to below 90%

    B 80% to below 87%

    C+ 77% to below 80%

    C 70% to below 77%

    D+ 67% to below 70%

    D 60% to below 67%

    F Below 60%

    No “minus” grades will be given.

    G. Assignments, Exams and Tests

    Based on Spring 2016 Syllabus

    Week of Chapter/Topic Readings Assignments

    Jan.11

    Introduction to the course (Jan.11, Monday) --

    Chap.1: Development of Accounting Theory

    (C=Case; F=FASB ASC Research; D=Room for Debate)

    C:2,3 F:-- ; D:2

    Jan.25

    Chap.2: Pursuit of Conceptual Framework C:4,6

    Chap.5: Income Concepts --

    Feb. 1

    Chap.5: continued … C:1,5,8

    Chap.6: Income Statement --

    Feb. 8

    Chap.6: continued … C:7,9

    Comprehensive Case #1 Report Due Discuss/Present Case #1

    Feb.15

    Chap.7: Balance Sheet & Statement of Cash Flows --

    Chap.8: Working Capital --

    Feb.22

    Chap.7, continued C:2,6; D:1

    Chap.8, continued C: 3,4,9

    Chap.9: Property Plant & Equipment --

    Feb.29

    Exam #1: Chap.1~2 & 5~8 --

    Chap.9, continued C:1,4

    Mar. 7

    Chap.10: Investments and Intangibles --

    Comprehensive Case #2 Report Due Discuss/Present Case #2

    Mar.14 Spring Break Week (3/14~3/19); No Class --

    Mar.21

    Chap.10, continued … C:1,7,8; D:2

    Chap.11: Long-Term Liabilities --

    Mar.28

    Chap.11, continued … C:2,5; D;1

    Comprehensive Case #3 Report Due Discuss/Present Case #3

    Apr. 4

    Chap.13: Leases --

    Chap.14: Pensions & Other Post-Retirement Benefits --

    Apr.11

    Chap.13, continued … C:1,3; D:1

    Chap.15: Equity --

    Apr.18

    Chap.15, continued … C:2,7

    Comprehensive Case #4 Report Due Discuss/Present Case #4

    Apr.25

    Chap.16: Accounting for Multiple Entities C:8,9; D:1

    Apr.30 ~ May 6: Final Exam Week -- Exam Date/Time & Room: TBA

    H. Attendance Policy

    This is a seminar class, which means that each student is to be an active participant in facilitating class discussions. Hence, students are required to be in prompt, full attendance at each class session. Attendance will be taken throughout the semester by using a sign-in sheet. It is the responsibility of students to make sure this sheet is signed at each class meeting. You will be counted as absent if you are not present when the attendance is taken or if you come to class late or leave class early without the instructor’s prior permission.

    Attendance means more than being physically present in class. You are expected to be adequately prepared for each class and participate in class discussions. In some class sessions, students will be assigned in advance to lead discussions of assignments, while in other sessions, students will be randomly called upon to answer questions raised by the instructor or other students, comment on issues being discussed or discuss homework assignments. Such active participation will benefit yourself and everyone else in the class.

    A compelling reason (e.g., serious illness requiring immediate medical attention, participation in an official university-sanctioned event) with proper documentation is required for an absence to be excused. Such documentation must be given to the instructor before the absence whenever possible or thereafter as soon as possible. You are responsible for all announcements made in class, regardless of whether or not you missed the class with valid excuse. You should also check your university email regularly.

    Each unexcused absence or unsatisfactory response in class participation will result in 5 points being deducted from the points allocated for “Attendance & Participation,” after allowing one case of unexcused absence or unsatisfactory response.

    As per University policy, first class attendance is mandatory and you may be dropped from the course for absence unless prior arrangement is made with the instructor.

    STUDENTS WITH DISABILITIES: Please notify your instructor by the second class meeting if you have a learning disability or require special assistance with this course. Confidential personal and learning assistance counseling are made available to students through the Division of Student Affairs. Contact R. Barry McDowell, St. Petersburg Campus: Student Life Center (SLC 1203) (727) 873-4990, (mcdowell@usfsp.edu) for more information. Students who need extended time on exams need to inform the Disabilities Office at least seven (7) school days (Monday-Friday) in advance of the scheduled exam, so that the Disabilities Office has adequate time to inform me.

    RELIGIOUS OBSERVANCES: Students who anticipate the necessity of being absent from class due to the observance of a major religious holiday must provide notice of the date(s) to the instructor, in writing, by the second class meeting.

    I. Policy on Make-up Work

    As a general rule, no make-up exams will be given and any missed regular exam without a valid excuse will be assigned a zero score. Permission to be excused from any one (and only one) of the exams may be considered, at the sole discretion of the instructor on a case by case basis. Documentation for an exam to be excused must be presented to the instructor before the exam is given or thereafter as soon as possible. In such cases, the course grade will be determined based on reduced total points. The final exam is required for course credit.

    HONOR SYSTEM: Under the USF Honor System, each student is expected to observe complete honesty in all academic matters. Violation of the Honor System will be referred to the Honor Council. Note: The following are violations of the Honor Code: Copying another student’s homework, signing another student’s name on the attendance roster, copying another group’s disk or written work, using another student’s computer disk to print out your assignment, copying another student’s file onto your disk, and misrepresenting a reason for a missed exam. Punishment for academic dishonesty may result in an automatic “F” or “FF” in the course or action that may result in suspension or expulsion. See the USFSP Policy on Academic Integrity of Students at

    http://www.usfsp.edu/catalog-undergrad/integrity-of-students.htm (for undergraduate)

    http://www.usfsp.edu/catalog-grad/academic-integrity-of-students.htm (for graduate)

    J. Program This Course Supports

    Master of Accountancy at USFSP


  5. Course Concurrence Information

    USFSP Master of Business Administration

    USF Tampa Master of Accountancy



- if you have questions about any of these fields, please contact chinescobb@grad.usf.edu or joe@grad.usf.edu.