ACCT 366 - SL01 - Course Outline - Winter 2018 PDF

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COURSE OUTLINE...

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ACCT 366 SL01 - Accounting Information Systems Department of Accounting and Finance

Winter 2018

COURSE OUTLINE Winter 2018 COURSE:

ACCT 366 SL01

CREDIT VALUE:

3

HOURS:

45 (Lecture)

PREREQUISITE:

A minimum grade of C- in ACCT 311, or ACCT 111 & ACCT 161

CLASS SCHEDULE:

Tuesday & Thursday 2:00 to 3:20 pm January 5 to April 5, 2018 Final Exam Period: April 10–20, 2018

LOCATION:

Room 5-251

INSTRUCTOR:

Gregory Springate, MBA, CPA, CA

CONTACT INFORMATION:

Office: 5-241AB Email: [email protected]

OFFICE HOURS:

Mondays 10:00-11:00 am

REQUIRED TEXT AND MATERIALS:

There are no required texts for this course. However, there are a series of readings that will be posted on Blackboard Other reference materials: Blackboard at http://bb.macewan.ca has additional readings, supplementary class materials, marks, news, and more. Please check your Blackboard email regularly for communications from the instructor. Software/hardware requirements: Students must have access to spreadsheet, word processing, presentation and web browser software. It is preferable to use the Microsoft Office® suite. Most of the software you will be using while attending classes can be purchased through the MacEwan bookstore at significant savings over retail. Students are expected to use technology as part of the learning outcomes of the course. The course is presented from the perspective that the computer is a tool

MacEwan University School of Business

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ACCT 366 SL01 - Accounting Information Systems Department of Accounting and Finance

Winter 2018

to aid in solving business problems. The use of technology within this course is intended to allow repetitive tasks to be performed quickly and accurately just as it is in business. In addition, technology facilitates the collection, manipulation, presentation, storage and transmission of large amounts of data.

DESCRIPTION:

Students examine accounting system needs, design, implementation and maintenance in a variety of organizational settings with the aim of providing the information necessary to support strategic initiatives and statutory reporting requirements. Students design, construct and use a computer based model to test a variety of assumptions regarding the quality of accounting information.

COURSE LEARNING OUTCOMES: 

Upon completion of this course, the student will be able to …

        

EVALUATION:

Demonstrate knowledge about context in which NFP and Government financial information is provided in Canada. Students will be able to identify the nature of public sector organizations and their objectives including control in the public and NFP sector. Describe and reference Public Sector Accounting and Auditing Standards as they relate to NFP, municipal, provincial and federal financial statements. Prepare financial statements using fund accounting. Differentiate between and recommend different financial accounting techniques. Discuss the revenue and expense recognition issues related to NFP and Government financial statements. Describe budgeting and the related governance processes. Recognize and describe the issues related to capital assets and long-term obligations. Understand Crown Corporations, Special Operating Entities and For Profit enterprises as they are used by government and NFP organizations. Prepare Endowment Fund financial statements. Distinguish between internal and external auditing in the public sector. Recognize audit issues particular to the NFP sector. Have an awareness of non-financial performance measures in Government and NFP organizations including understanding maintaining charitable status with the Canada Revenue Agency.

The final grade will be based on a total of 100 points allocated as follows:

Activity

Weight

Midterm I

20%

February 6, 2018

Midterm II Policy Paper (5%, 5%, 5%) Financial Assignment

20% 15% 5%

March 13, 2018 Jan. 25, Mar. 8, and Apr. 5 February 15, 2018

Final Exam Total

35% 100%

As per official Final Exam period

GRADING:

Date

Assignments submitted after the due dates will receive a grade of zero, if the student has not received prior permission to hand in late from the instructor.

MacEwan University School of Business

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ACCT 366 SL01 - Accounting Information Systems Department of Accounting and Finance

Winter 2018

Midterm exams will be marked and results made available to students within two weeks under normal circumstances. Results will be posted in the My Grades section of Blackboard. If you miss the midterm exam for health reasons, you are required to contact the instructor within two days of the exam. Verification of illness supported by a health professional’s note will be required. Medical notes must include: the date you were examined by a doctor, a clear statement indicating that due to the severity of the illness you were unable to write the exam on the scheduled date, and the signature of the doctor. These medical notices must be received no later than two days following the exam date. Scanned or photographic copies of the medical notes are acceptable but must be followed by the original note. Exceptions will be made in the case of debilitating illnesses which preclude you from submitting the medical note, with proper documentation of the debilitating circumstances. Following consultation with the instructor, a deferred exam may be granted at the discretion of the Department Chair, and must take place at MacEwan Exam Services within two weeks of the original exam, unless the medical condition precludes you from writing. No other accommodation will be provided except in extraordinary circumstances. A student who is unable to write a final exam at the scheduled time for a compelling reason such as illness, domestic affliction, or religious conviction, must apply to the instructor for a deferred exam. The student must normally apply for the deferred exam not more than two days after the missed final exam. Again, relevant supporting documentation is required. Approval for a deferred final exam rests with the department chair. The approved Deferred Examination Request Form, along with the exam will be forwarded to the Exam Services Centre in Room 6-224. Exam Services will work with the student to schedule the exam during the newly-arranged writing period. A $50 deferred exam fee will be applied to the student’s account after writing the exam. Ensure fees are paid via myStudentSystem or at the Office of the University Registrar following the exam. Your university grade will be determined using the following scale:

Letter Grade

Grade Point Value

A+ A AB+

4.0 4.0 3.7 3.3

B B-

3.0 2.7

MacEwan University School of Business

Grade Descriptors Outstanding Excellent

Good

Percentages 95-100% 90-94% 85-89% 80-84% 75-79% 70-74% 3

ACCT 366 SL01 - Accounting Information Systems Department of Accounting and Finance

Winter 2018

C+

2.3

65-69%

C CD+ D

2.0 1.7 1.3 1.0

Satisfactory Poor

61-64% 57-60% 53-56% 50-52%

F

0.0

Fail

0-49%

STUDENT CONCERNS:

Any concerns or issues that a student has with the course content and/or the course instructor should be discussed personally with the instructor in an effort to resolve any differences that may exist. In this regard, you are referred to the Student Rights and Responsibilities (Policy E3101) section of the University Calendar (under Policies and Regulations). Further, please be advised that instructors will not discuss concerns regarding other instructors and that students will be directed to discuss their concerns with the instructor in question, in person.

WITHDRAWALS:

Students should go into the Student Services Centre and click on the calendar icon beside the courses they are registered in to determine the add/drop and academic withdrawals dates. Non-attendance does not constitute a withdrawal nor does simply notifying your instructor. Failure to officially withdraw will result in a failing grade. Course withdrawals should be completed online through MyStudentSystem on or before the deadline.

POLICIES:

Students are responsible for reviewing and understanding MacEwan’s policies regarding special accommodations, refunds of tuition and student fees, grading, student appeals, academic integrity, final assessment, and repeating credit courses. For full details, students can access the following policies by clicking on the links provided: Policy E3400 Students with Disabilities http://www.macewan.ca/contribute/groups/public/documents/document/pfw_0036 64.pdf Policy E2112 Refunds of Tuition and Student Fees http://www.macewan.ca/contribute/groups/public/documents/document/e2112_re f_tuition_student_fees.pdf Policy C2020 Grading System http://www.macewan.ca/contribute/groups/public/documents/document/pfw_0035 28.pdf Policy E3103 Student Appeals http://www.macewan.ca/contribute/groups/public/documents/document/pfw_0036 62.pdf Policy C1000 Academic Integrity http://www.macewan.ca/contribute/groups/public/documents/document/pfw_0172 03.pdf

MacEwan University School of Business

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ACCT 366 SL01 - Accounting Information Systems Department of Accounting and Finance

Winter 2018

Policy C2005 Final Assessment http://www.macewan.ca/contribute/groups/public/documents/document/pfw_0035 25.pdf Policy C1035 Repeating Credit Courses http://www.macewan.ca/contribute/groups/public/documents/document/pfw_0144 71.pdf GRADE POINT AVERAGE:

In order to remain in good standing, a student must have an overall Program GPA of 2.0. A GPA of less than 2.0 may result in academic probation or withdrawal from the program. It is the responsibility of each student to monitor their GPA and the number of times they have repeated a course.

TEACHING/LEARNING STRATEGIES: For this course, a combination of lectures, class discussions, group work, and in-class workshops will be used. A policy paper will develop research and business writing skills. Policy paper: Students will write a policy paper during the course. The assignment’s objectives are to increase your awareness and knowledge of current issues and to apply your research and writing skills. Late assignments will not be accepted unless prior approval is granted for exceptional circumstances. Financial Assignment: Students will review a set of government financial statements and report on various facets of those statements.

MacEwan University School of Business

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ACCT 366 SL01 - Accounting Information Systems Department of Accounting and Finance

Winter 2018

CLASS SCHEDULE: Note: This schedule is intended as a guide only and may be altered as circumstances require. Wk

Class Dates

Topic

1

Jan 4

Introduction

2

Jan 9

History of Governments & NPOs

2&3

Jan 11 & 16

Public Sector Framework

3&4

Jan 18, 23, 25 & 30

Public Sector Financial Statements

5

Feb 1

Public Sector Audits

6

Feb 6

Midterm I

6

Feb 8

Not-for-Profit Framework

7&9

Feb 13, 15 & 27, Mar 1

Not-for-Profit Financial Statements

8

Feb 20 & 22

No Classes – Reading Week

10

Mar 6 & 8

Not-for-Profit Governance & Tax Issues

10

Mar 13

Midterm II

11

Mar 15 & 20

Systems Theories

12

Mar 22 & 27

Process Improvement Issues

14

Mar 29 & Apr 3

Reporting Frameworks

Apr 5 – Policy Paper #3

15

Apr 10-20

Final Exam Period

Final Exam Time & Room TBA

MacEwan University School of Business

Material

Assessments

Jan 25 - Policy Paper #1

Feb 15 – Financial Assignment

Mar 8 – Policy Paper #2

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