Syllabus for ACC-703
Emerging Issues in Accounting
This course offers a study on emerging issues pertinent to accounting, auditing, and management. It introduces concepts including International Financial Reporting Standards (IFRS) convergence with U.S. generally accepted accounting procedures (GAAP), forensic accounting and fraud schemes, business ethics, and insight into developing nonfinancial measures for financial statement presentation.
After completing this course, you should be able to:
CO1 Explore the forensic accountant's role in today's business environment.
CO2 Analyze changes in accounting principles from current GAAP rule-based to IFRS principle-based accounting.
CO3 Critique the evolution of IFRS and current convergence issues.
CO4 Research fraudulent financial statement schemes including the underlying transgressions leading to potential irregularities.
CO5 Interpret how ethical theories provide a basis in analyzing business dilemmas.
CO6 Integrate the AICPA Code of Professional Conduct with the role ethics plays in business decisions.
CO7 Analyze the implications of nonfinancial measurements in evaluating financial statement disclosures.
CO8 Identify nonfinancial measurements that enhance the usefulness of financial statement information.
You will need the following materials to complete your coursework. Some course materials may be free, open source, or available from other providers. You can access free or open-source materials by clicking the links provided below or in the module details documents. To purchase course materials, please visit the University's textbook supplier.
ISBN-13: 978-0133116298 (eTextbook Subscription) or
ISBN 13: 978-0133078602 (paperback)
ISBN 9781938910784. eBook is available at AccountingTools.
Emerging Issues in Accounting is a three-credit, online course consisting of four modules that provide additional topics not found in traditional courses. They are designed to provide new skills or enhance current skills of the working professional. The four modules include an overview of the International Financial Reporting Standards (IFRS), particularly with changes in revenue recognition, forensic accounting and fraud, business ethics, and the usefulness of including nonfinancial measures in financial statement disclosures.
For your formal work in the course, you are required to participate in online discussion forums, complete written assignments, attend synchronous events, and complete a final project. See below for details.
Consult the Course Calendar for due dates.
One or more of your course activities may utilize a tool designed to promote original work and evaluate your submissions for plagiarism. More information about this tool is available in this document.
You are required to participate in six graded discussion forums. There is also one ungraded but required Introductions Forum in Module 1.
Discussion forums are on a variety of topics associated with the course modules. The purpose of the discussion forums is to help make the connection between the course concepts and the goals of the course. In discussion posts, you express your opinions and thoughts, provide support and evidence for the position(s) you take on a subject, and have the opportunity to ask questions and expand on insights provided by your colleagues. Active participation is vital to your overall success in this course.
Located within the Evaluation Rubrics folder of the course website is the online discussion forum rubric used to aid in the grading of all online discussion assignments.
You are required to participate in two synchronous events during Week 2 and 6 of the semester. Each synchronous event will be held in Edison Live!, our virtual meeting space. To access the event, click on the Collaboration Space link in the Edison Live! section of the course site a few minutes before the designated time. Use the following link for directions and helpful videos about how to use the Edison Live! tool in Moodle. Your mentor will work with the class to propose a time that works best and accommodates the majority. Both synchronous events will focus on the issues or questions related to the final project. See the Module 1 and Module 3 areas of the course website for further details.
You are required to complete six written assignments. The written assignments are on a variety of topics associated with the course modules.
You are required to complete a final project based on four case studies covering topics in IFRS, fraud detection, ethics, and nonfinancial measures. You will choose two of the case studies and complete all the requirements as explained in the case study documents. For details and guidelines of the final project, please refer to the Final Project area of the course website.
Your grade in the course will be determined as follows:
All activities will receive a numerical grade of 0–100. You will receive a score of 0 for any work not submitted. Your final grade in the course will be a letter grade. Letter grade equivalents for numerical grades are as follows:
A | = | 93–100 | B | = | 83–87 | |
A– | = | 90–92 | C | = | 73–82 | |
B+ | = | 88–89 | F | = | Below 73 |
To receive credit for the course, you must earn a letter grade of C or higher on the weighted average of all assigned course work (e.g., assignments, discussion postings, projects). Graduate students must maintain a B average overall to remain in good academic standing.
To succeed in this course, take the following first steps:
Consider the following study tips for success:
To ensure success in all your academic endeavors and coursework at Thomas Edison State University, familiarize yourself with all administrative and academic policies including those related to academic integrity, course late submissions, course extensions, and grading policies.
For more, see:
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