Course Code: ACCT610 Course ID: 3906 Credit Hours: 3 Level: Graduate
An advanced analysis of accounting theory and practice designed to prepare the accounting major for complex problems that arise from partnerships, consolidations and mergers, receiverships, and governmental units. Also a study of the theoretical and practical approach of accounting, budgeting, reporting and auditing for governmental units, colleges and universities, hospitals and other not-for-profit organizations. Students must have access to Microsoft Word and Microsoft Excel software. Please refer to the Course Materials section for additional details on materials and pricing or contact firstname.lastname@example.org. (Prerequisite: ACCT608)
|Registration Dates||Course Dates||Session||Weeks|
|08/31/20 - 01/29/21||02/01/21 - 03/28/21||Winter 2021 Session I||8 Week session|
|10/26/20 - 04/02/21||04/05/21 - 05/30/21||Spring 2021 Session B||8 Week session|
|12/28/20 - 06/04/21||06/07/21 - 08/01/21||Spring 2021 Session D||8 Week session|
After successfully completing this course, you will be able to:
CO1. Generate consolidated financial statements to include consolidations subsequent to the date of acquisition, outside ownership, intra-entity asset transactions, variable interest entities, intra-entity debt, consolidated cash flow, ownership patterns, investments, and income taxes using the equity method of accounting.
CO2. Appraise the problems created by differences in accounting standards across countries and the reasons to develop a set of internationally accepted accounting standards including foreign currency transactions, the hedging of foreign exchange risk, and the translation of foreign currency financial statements.
CO3. Assess factors influencing the international development of accounting systems.
CO4. Examine the role of the Securities Exchange Commission (SEC) in financial reporting and their role in corporations and partnerships to include formation, operation, termination and liquidation.
CO5. Evaluate accounting procedures for interim financial reporting, legal reorganizations, liquidations, estates, and trusts.
Method of Assessment
A. Tests & Paper
There will be two (2) tests in the course, a midterm and a final given in modules four and eight respectively. The tests in this class will consist of multiple choice questions and/or short answer problems. Tests will be three hours long and focus on the material covered in the course. Tests may be administered using the Examity test proctoring service. Please verify in the course announcements and/or the Lessons tab if the course will use test proctoring. It is the student’s responsibility to notify the instructor and the test proctoring service regarding any schedule changes or non- disability related accommodations. The course will have a comprehensive paper that will measure student understanding of the course objectives along with research and writing skills. Please refer to the APA Manual 6th edition for the format of the paper.
Course assignments will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.). These assignments will be a series of quizzes consisting of exercises, problems, and simulations. Assignments will have a specific due date with specific instructions. Late assignments will be subject to the university’s Late Work/Make-up Policy detailed in the student handbook. Please be advised the instructor reserves the right to implement their own late assignment policy.
Throughout the term, homework will be given in several modules to test student understanding of the material. Homework will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.) and consist of questions, problems, or simulations. Please be advised the instructor reserves the right to implement their own late assignment policy.
D. Discussion Forums:
Participation in the discussion forums is an essential component of the final grade. All students are expected to engage in lively discussions and answer instructor follow-up questions. The quality of participations along with student netiquette will be a part of the grade.
Assessment of the Course Objectives
1 - 5
Test question, paper, assignment, discussion, and homework
The following distribution will be used in assigning grades (decimal points will be rounded to the nearest whole number at semester’s end).
Quality Points/Grading Percent
4.0/ 100 – 94
3.67/ 93 – 90
3.33/ 89 – 87
3.0/ 86 – 84
2.67/ 83 –80
2.33/ 79 – 75
0.0/ 74 – 0
|Weekly Forums||10.00 %|
|Week 4 Forum||5.00 %|
|Week 8 Forum||5.00 %|
|Week 1 Chapter 1 Quiz||2.50 %|
|Week 1 Chapter 2 Quiz||2.50 %|
|Week 2 Chapter 3 Quiz||2.50 %|
|Week 2 Chapter 4 Quiz||2.50 %|
|Week 3 Chapter 5 Quiz||2.50 %|
|Week 3 Chapter 6 Quiz||2.50 %|
|Week 5 Chapter 9 Quiz||2.50 %|
|Week 5 Chapter 10 Quiz||2.50 %|
|Week 6 Chapter 11 Quiz||2.50 %|
|Week 6 Chapter 12 Quiz||2.50 %|
|Week 7 Chapter 13 Quiz||2.50 %|
|Week 7 Chapter 14 Quiz||2.50 %|
|Week 1 Chapter 1 Homework||1.67 %|
|Week 1 Chapter 2 Homework||1.67 %|
|Week 2 Chapter 3 Homework||1.67 %|
|Week 2 Chapter 4 Homework||1.67 %|
|Week 3 Chapter 5 Homework||1.67 %|
|Week 3 Chapter 6 Homework||1.67 %|
|Week 5 Chapter 9 Homework||1.67 %|
|Week 5 Chapter 10 Homework||1.67 %|
|Week 6 Chapter 11 Homework||1.67 %|
|Week 6 Chapter 12 Homework||1.67 %|
|Week 7 Chapter 13 Homework||1.67 %|
|Week 7 Chapter 14 Homework||1.67 %|
|Final Exam||15.00 %|
|Final Assessment||10.00 %|
|Week 8 Paper||10.00 %|
Websites and Videos
In addition to the required course texts, the following public domain Websites are useful. Please abide by the university’s academic honesty policy when using Internet sources.
Note website addresses are subject to change.
- American Psychological Association (APA) Style Website
- Purdue Online Writing Lab
- Turnitin Website
|Book Title:||Advanced Accounting, 13th ed., with Connect (If you prefer the e-book format, you can purchase Connect access through the classroom once your session begins. With that purchase, you will receive digital access to the textbook.)|
|Publication Info:||McGraw Hill|
|Author:||Hoyle, J.B., Schaefer, T., Doupnik T.|
|Electronic Unit Cost:||$108.13|
|Book Title:||Students are required to authenticate themselves with a proctor service for certain assessments in this course. Authentication requires access to a computer with a webcam, microphone, and speakers or headset. Instructions provided i|
Not current for future courses.