SiMON FRASER UNIVERSITY
S.
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11.3
MEMORANDUM
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SENATE
Wo
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FACULTY OF BUSINESS ADMINISTRATION,
Subject...
CURRI..uLurd CHANGES
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Date...
9T9 ?
198.
..
Action undertaken by the Senate Committee on Undergraduate Studies
at its meeting of October 5, 1982 gives rise to the following motions:
MOTION: That Senate approve and recommend approval to the Board of
Governors, as set forth in S.82-
113
, the proposed changes,
including:
i)
New course proposal BUS. 251-3 - Financial
Accounting I with deletion of BUS. 221-3 -
Introduction to Accounting
ii)
New course proposal BUS. 252-3 - Financial
Accounting II with deletion of BUS. 222-3 -
Accounting Structure and Method
iii)
change in prerequisite for BUS. 328-3 -
Accounting for Management - using BUS. 251-3 -
Financial Accounting I in place of BUS. 221-3 -
Introduction to Accounting
iv)
Change in prerequisites requiring BUS. 251-3 -
Financial Accounting I and BUS. 252-3 -
Financial Accounting II - as prerequisites
for all accounting courses numbered above 320
(replacing BUS. 221-3 and BUS. 222-3)
v)
As part of the core program required of all
Business Administration majors BUS. 251-3 -
Financial Accounting I (in place of BUS. 221-3)
vi)
Requirement of BUS. 251-3 - Financial Accounting
I and BUS. 252-3 - Financial Accounting II -
for all majors completing an accounting area of
concentration (replacing BUS. 221-3 and
BUS. 222-3)
It was noted by the Senate Committee on Undergraduate Studies that a
number of these changes will alleviate a variety of difficulties which have
existed for some time.
MOTION: "That Senate approve and recommend approval to the Board
of Governors, as set forth in S.82-113 , the proposed
changes, including
i)
Drop BUS. 347-3 - Buyer Behaviour - as a
. ?
prerequisite for BUS. 442-3 - Market Research I
ii)
Change course number of BUS. 348-3 - Industrial
Marketing - to BUS. 344-3 - Industrial Marketing.
iii)
Drop the requirements for a 1.00 level Economics
course from the core program in Business
Administration.
SiMON FRASER UNIVERSITY
MIMORANDUM
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Undergraduate Curriculum Committee
. . B.siiess. A4uUuist1aticrn.
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BUB.±Ue.SS.
Admin.isajjon
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Date..
..September. 29th,. 1982 ......................
At the meeting held on Tuesday, September 28th, 1982, the
Undergraduate Curriculum Committee of the Faculty of Business Administration
approved the following recommendation.
That Bus. 221-3 (Introduction to Accounting) and Bus. 222-3
- ?
(Accounting: Structure and Method) be deleted from the
calendar
and
That Bus. 251-3 (Financial Accounting I) and Bus. 252-3
(Financial Accounting II) be added to the calendar.
Bus. 251-3 and Bus. 252-3 are substitutes for Bus. 221-3 and
.
?
Bus. 222-3. This is basically a rearrangement of the content now existing in
Bus. 221 and Bus. 222. At present, the introductory course is unique to
SFU, and Introduces accounting in a theoretical and user-oriented approach.
It is required of all Business Administration students, and does not allow for
transfer credit. Large numbers of students have difficulty with the course.
The present Bus. 222 covers traditional aspects of preparing and understanding
financial statements, and is required only of students who Intend to proceed
with further accounting courses.
The new Bus. 251 will be a more conventional introduction to account-
ing which will allow for transfer credit from colleges, and should reduce demand
for the first course significantly, as well as reduce the difficulty level. The
rearrangement isanticipated to require the more difficult material (in the second
course) only of students who already have an understanding of accounting (gained
from the first course) and who plan to continue in accounting.
There is not anticipated to be any overlap In objectives or content
with existing courses, as Bus. 221 and Bus. 222 will be dropped when the new
courses come on stream.
It was also recommended
That Bus. 251-3 be required as a prerequisite for Bus. 328-3
(Accounting for Management) in place of Bus. 221-3 and
That Bus. 251-3 and Bus. 252-3 he required as prerequisites for
all accounting courses numbered above 320.In place of Bus. 221-3
and Bus. 222-3.
/2
I]
Dr. G. C. Hoyt
September 29th, 1982
Page 2
Bus. 251-3 will be required of all Business Administration
majors as part of the core program, in place of Bus. 221-3.
Bus. 251-3 and Bus. 252-3 will be required of all majors
completing an Accounting Area of Concentration, in place of Bus. 221-3 and
Bus. 222-3.
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SENATE COMMITTEE ON UNDERGRADUATE STUDIES
NEW COURSE PROPOSAL FORM
Department Business Administration
251 ?
Z
tact.!
Course Number: ?
Credit Hours: 3 Vector: 1 Tutori
Title of Course: ?
Financial Accounting I
Calendar Description of Course:
An Introduction to financial accounting, including accounting terminology,
understanding financial statements, analysis of a business entity using financial
statements. Includes also time value of money and a critical review of the
Nature of Course Lecture/Tutorial
?
conventional accounting system.
Prerequisites (or
special instructions):
15 credit hours
What course (courses), if any, is being dropped from the calendar if this course is
approved:
Bus. 221-3
2. Scheduling
How frequently will the course be offered?
?
Each semester
Semester in which the course will
first be offered?
Fall 1983
Which of your present faculty would be available to
make the
proposed offering
possible? Brown, Adler, Var, Magid.
3.
Objectives of the Course To understand accounting terminology and the business
• ?
environment, the user orientation of financial accounting, the time value of
money, the uses of financial statements, how to analyze a business entity, and
to learn the conventional accounting system.
4. Budgetary and Space Req.rements (for information only)
What additional resources will be
required
in the following areas:
Faculty ?
None
Staff
Library
Audio Visual
Space
Equipment
a
Calendar Information
Abbreviation Code: BUS
S. Approval
Date:_______________________
Chairman,
Faculty Undergraduate Curriculum Committee
SCUS 73-34b:- (When completing this form,
tach course outline).
:ts 78-3
Chairman, SCUS
-Admin t'a k6n
for instructions see Memorandum SCUS
73-34a.
Course Outline
Course: Business Administration 251-3
?
Semester:
?
Fall 1983
Title: ?
Financial Accounting I
Texts;
Required: Financial Accounting, Matulich, Heitger and Var, 1982, First Canadian
Edition, McGraw-Hill, Ryerson.
Recommended: Accounting: The Canadian Scene, Guthrie, McDonald and Var.
Understanding Wall Street, Little and Rhodes, 1980, Liberty
Publishing Company.
Outline:
Recommended 2
Recommended To
pics ?
Lecture Coverage
Course Introduction ?
½
Accounting Information
? 1½
for Economic Decisions
Fundamental Accounting
Concepts
The Statement of Financial
Position
The Income Statement and
Books of Account
The Accounting Cycle and
Periodic Reporting
The Value of Money
Cash and Other Liquid Assets
Merchandising Operations
MIDTERM EXAMINATION
Inventory Valuation and
Estimation
Accounting for Long-Lived
Assets
Accounting for Liabilities
Investment by Creditors: Bonds
Payable
Investment by Owners: Business
Capital.
Chapters From
?
Chapters From
Reauired Text ?
Recommended Texts
Chapter 1
?
LR Ch. I & 2
GMcV Ch. 1,2 & 4
Chapter 2
?
GMcV Ch. 5
Chapter 3
?
GMcV Ch. 6
Chapter 4
Chapter 5
?
GMcV Ch. 7
Chapter 7
Chapter 8
Chapter 6
Chapter 9
Chapter 10
Chapter 11
Chapter 12
?
LR Ch. 7
Chapter 13
?
LR Ch. 4, 5 & 9
2
1•
1
2
2
1
1
1
1 or 2
1
1 or 2
1 or
2
..
.12
Bus. 251-3
.
Chapters From
?
Chapters From
Required Text ?
Recommended Texts
Chapter 16
Chapter 17
Chapter 18
?
LR Ch. 3 & 8
-2-
Recommended ToDics
The Statement of Changes
in Financial Position
The Statement of Changes
in Financial Position:
Technical Aspects
Financial Statement Analysis
Review Session
Fall 1983
Reconlinended 2
Lecture Coverage
1 or 2
2
1
S
Optional Topics:
(1)
Reporting by Not-for-Profit Organizations (1 Lecture) Chap. 20 and
(2)
Long-Term Investments by Business (1 Lecture) Chap. 14. These optional
topics may replace 1 lecture on Bonds Payable or 1 lecture on Business
Capital or the Review Session.
Notes:
1 Required text is Matulich, Heitger and Var. LR represents Understanding Wall
Stre.by Little and Rhodes. GMcV represents Accounting: The Canadian Scene by
Guthrie, McDonald and Var.
2 The lecture coverage is based on a 13 week, 26 one-hour lecture sequence with
one midterm examination.
SENATE COMMITTEE ON UNDERGRADUATE STUD! ES
NEW COURSE PROPOSAL FORM
Department Business Admin.
2 Lec
.1
Credit Hours:
3
Vector:
1 T
Title of Course:
?
Financial Accounting II
Calendar Description of Course: For students planning further course work in
accounting. A further study of financial accounting topics covered in Bus. 251,
together with a study of alternative accounting models.
Nature of Course
?
2 lecture/1 tutorial
Prerequisites (or special
instructions):
Pre-requisite BUS. 251 and 30 credit hours.
Note: Students are strongly advised to take
MATH 157-3, CMPT 10-4,
anrR either a
100 division English course or
PHIL
001-3 or PHIL 110-3, as part of the 30 credit
hours re q
uired as a pre-zequiite.
What course (courses), if any, is being dropped from the calendar if this cours:
Is
approved:
?
Bus. 222-3.
2.
Scheduling
How frequently will the course be offered?
?
Each semester
Semester in which the course will first be offered?
?
Spring 1984
Which
of your present faculty would be available to make
the
proposed offering
possible?
?
Var, Brown, Gordon.
3.
Objectives of the Course
?
To allow a more in-depth study of several topics covered
in the first course including revenue recognition, expense recognition, and asset
and equity valuation issues. To examine alternative models to historical cost;
to interpret financial statements critically.
?
0
4.
Budgetary and Space Requirements (for information only)
What additional resources will be required in the following areas:
Faculty
?
None
Staff
Library
Audio Visual
Space
Equipment
5.
Approval
Date:
jffpkt@@W
Chairman,
Chairman, SCUS?
?
Faculty Undergraduate Curriculum Committee.
?
Administfation
SCUS 73-34b:- (When completing this form, for instructions see Memorandum SCUS 73-34a.
Attach course outline).
ts 78-3
1. Calendar Information
Abbreviation Code:
?
Bus. ?
Course Number: 252
S
Course Outline
Course: Business Administration 252-3
?
Semester: Spring, 1984
Title: ?
Financial Accounting II
Texts:
Required: A New Introduction to Financial Accounting, May, Mueller and Williams,
1980, Second Edition, Prentice-Hall.
Outline:
Recommend
Recommended
Chapters
Topics
Lecture Coverage
-
Course Introduction
1½
Chapter
1
Accounting, Decision Making, the Economic
1
Environment, and the Business Enterprise
Chapter
1
Hicksian Income Concept
½
Chapter
2
Present Value Approach to Investment
Decisions - A Review
2
Chapter
8
Revenue Recognition
1
9
Revenue Recognition Refinements
1
•
Chapter
Chapter
10
Expense Recognition and Related Asset
1
Valuation Issues
Chapter
11
Expense Recognition and Related Equity
Valuation Issues
1
Chapter
12
Valuation and Income:
?
Some further issues
2
(First case
2 ' 3 :
?
Historical Cost Model using
1
the computer.
?
2 weeks.)
MIDTERM EXAMINATION
Chapter 13
?
Alternative Financial Accounting Models:
?
4
Modifications for General Price Level Changes
(Second homework computer case: GPL-HC model.
2 weeks.)
Chapter 14
?
Current Entry Price Model
?
3
(Third homework computer case: Current Entry
Price Model. 2 weeks)
Chapter 15
?
Current Exit Price Model
?
3
(Fourth homework computer case: GPL Adjusted
Replacement Cost Model. 2 weeks)
i -- ?
Bus. 252-3
?
Page 2
Reccnnmende
Chapters ?
Topics
Handout ?
General Price Level Adjustments to
Current Value Models
Handout ?
Is this the type of accounting governments
use?
Handout ?
What have we learned?
(A course review)
Spring 1984
Recommended ?
Lecture Coverage
2
2
1
Notes:
1
Assigned readings are from May, Mueller and Williams text. Handouts will be the
responsibility of the individual instructor.
2
The ideal computer case will simply be one case where the firm operates for 1
year of 2 years only. The firm will then be examined by the student as it is
represented by the historical cost model, the GPL-HC model, the current replace-
ment cost model and the GPL adjusted current replacement cost model. Each case
should be accompanied with questions. For example, "How well did this firm do
In 19X1 using historical costs? Would you invest in this firm given this infor-
mation and no other?"
3
1f the computer case is not seen as suitable or cannot be made available, then a
series of written cases could be used. The written cases would entail some
technical aspects but the emphasis would be placed on the answers to such questions
as "How well did this firm do in 19X1 using the historical cost data?"
S
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SiMON FRASER UNIVERSITY
5
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Lcl
S '2 -
J'/
MIMORANDUM
Dr. C. C. ....... .......................
.
From ...
R..C...Wyckham,..Chairman. ..................
Undergraduate Curriculum Committee
9M4Y .
pf Iq fres. A4uiniatratLoi....
?
.. .
Jac.u1t.y.of. &as4ness.
Mmin'ist•iat4n
( ?
Date..
..Septembe.v.2.9th .
983......................
At the meeting held on Tuesday, September 28th, 1982, the
Undergraduate Curriculum Committee of the Faculty, of Business Administration
approved the following recommendation.
That Bus. 347-3 (Buyer Behavior) be dropped as a prerequisite
for Bus. 442-3 (Marketing Research I).
Bus. 347 does not provide essential background for Bus. 442 but
it does create difficulties in sequencing of additional marketing courses.
The Committee also approved the recommendation
That the course number of Bus. 348-3 (Industrial Marketing)
be changed to Bus. 344.
This change is requested due to problems arising from the
number 348 having been used for a different course previously.
The Committee also approved the recommendation
That the requirement for a 100-level Economics course be
dropped from the core program in Business Administration.
The justification for this change is that Economics 200 and 205
are required as part of the Business Administration core program and that
students often transfer from colleges with these requirements already
fulfilled. It should not then be necessary for these students to go back
and take a 100-level Economics course.
M/
bjm
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