Senate Document Number 2603S

Date of Senate Approval 01/30/03

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Statement of Faculty Senate Action:

APC Document 21:  Change to name and description for ACCT 319; change in prerequisites for ACCT 330 and 418.

Effective Date: Fall 2003

Delete: (On page 156)

319 Fund Accounting (3)
Fundamentals of accounting for governmental departments, colleges and universities, health care entities and other not-for-profit institutions. Pre- or corequisite: ACCT 301. No credit given to students who have credit for ACCT 419. Fall.

Add: (On page 156)

319 Accounting for Governmental and Not-for-Profit Organizations. (3)
The course covers the fundamentals of accounting for state and local governments and not-for-profit organizations. Pre- or corequisite: ACCT 301. No credit given to students who have credit for ACCT 419. Spring.

Rationale: The current course name is no longer descriptive. The term "funds" is no longer used in not-for-profit accounting. The course description is changed to more clearly describe the course content.

Delete: On page 156, under 330 Accounting Applications (3):
Prerequisites: ACCT 302; MGMT 221 or permission of the instructor.

Add: On page 156, in place of deleted entry:
Prerequisite: ACCT 301.

Rationale: Upper level accounting courses employ the use of various types of accounting-based software. These skills should be obtained by students before they take ACCT 302. Hence, this change in prerequisites permits students the opportunity to obtain those skills before taking ACCT 302. MGMT 221 content is no longer required as a prerequisite for ACCT 330.

Add: On page 157, in place of deleted entry:
Prerequisites: ACCT 302, 317; Senior standing. Pre- or corequisite: ACCT 417.

Rationale: ACCT 418 builds on course content in ACCT 302 and ACCT 317. Basic information from ACCT 417 (Income Taxation of Individuals) is needed to make decisions in comprehensive cases/projects.

Impact Statement: These changes have no impact on the department's majors or minors, the university's requirements, other departments, or future department course offerings.