Week Concepts Reviewed
1 Introduction to Business and Securities Valuations 2 Valuation Engagements & Asset-Based Approaches 3 Return Based Approaches – Part 1
4 Return Based Approaches – Part 2 5 Capitalization & Discount Rates
6 CICBV's Practice & Reporting Standards
7 MID-TERM EXAMINATION
8 Valuation Approaches – Going Deeper / Take Up Mid-term 9 Cost of Capital / Comparable Company Multiples
10 En Bloc Value and Goodwill 11 Valuing Share Classes 12 Discounts and Premiums
ACC 610
Public Accounting Practice
Other
Faculty: Professors Herb Herauf & Greg Berberich Term Offered: Spring
Career Relevance
This is an essential course for anyone interested in obtaining a professional accounting designation and in developing his/her ability to apply knowledge to practical problem simulations.
Course Overview and Objectives
The overall objective of this course is to enhance the students’ abilities to apply knowledge of accounting principles, theories, and practices to situations and problems likely to be encountered in practice as a
professional accountant. This involves identification, discussion, analysis and integration of issues and problems encountered in professional practice. This course will build upon and integrate knowledge and skills developed in preceding courses. It will emphasize the enhancement of integration, analysis, judgment, decision-making and communication skills.
The in-class portion of the course will primarily be in a seminar or case discussion format, usually the latter. The case assignments will be of two types:
Cases that are distributed, discussed, and reviewed during a class, and
Cases that are distributed in a prior class session for discussion in a subsequent session.
Course participants will work in groups to prepare solutions to the cases. The format for in-class discussion of cases will vary between presentation and discussion led by a student group or your instructor leading the discussions.
In addition to the regularly scheduled weekly classes, practice case writing
sessions will be held on all available Friday mornings. Some or all of
your written responses to these cases will be evaluated by your peers. Relevance for
Professional Designation Accreditation
The extensive number of cases utilized in the course at some time will require applying knowledge from most or all of the specific competencies in the CA Competency Map. Through the preparation, presentation and
discussion of the cases many of the pervasive competencies in the Competency Map will be addressed.
Course Materials
The CICA Handbook will be utilized frequently. Notes that pertain to analysis of cases, cases and related materials will be used extensively.
ACC 610
Public Accounting Practice
Prerequisites Proposed Course
Evaluation and Workload
All of AFM 401, AFM 451, AFM 461, AFM 481 & AFM 491 Final grades in the course will likely be determined in the following manner: Workload Evaluation Class Participation Case Presentation/Evaluation 10% 30% Exam 1 - Multi Competency Simulation –
professionally graded providing feedback
0% Exam 2 - Comprehensive Simulations 30% Exam 3 - Multi Competency Simulation 30%
Total 100%
The exams will usually involve 3 to 5 hours each of writing responses to professional examination style simulations.
USE OF SECUREXAM SOFTWARE
For this course students are expected to use their own laptop computers with the Securexam software that will be provided for both their practice and graded exams. Securexam is lockdown software that prevents a student from having access to other applications on their laptop or the Internet while they are preparing their response to an exam.
Both the software and instructions for its installation and use will be provided to students when the course begins. A student’s laptop must meet the following minimum hardware and software requirements:
Hardware
- Securexam runs on PC-based computers only. No Apple / Power PC/ Macintosh computer
can be supported, even if it runs Windows.
- 512 Mb of Ram
- 100 Mb of free hard drive space (required to run application)
- A free USB port. For all practice exams, students will need their own USB key. For all graded exams (i.e. Exams 1, 2 and 3), a USB key will be provided to you at the time of those examinations
Software
ACC 611 External Reporting
Other
Faculty: Professors Shari Mann & Christine Wiedman Term Offered: Winter
Career Relevance
This is an essential course for anyone interested in obtaining a professional
accounting designation or pursuing a career where in-depth knowledge of financial reporting is important.
Course Overview
and Objectives The main objectives of the course are:
To further develop your understanding of key financial reporting issues,
To help you apply your knowledge in the analysis of cases, through the identification of issues, and the evaluation and discussion of alternatives and recommendations,
To develop your ability to critically assess existing standards, and To enhance your ability to communicate financial accounting
information.
Relevance for Professional Designation Accreditation
The course is primarily concentrated in the financial accounting component of the performance measurement and reporting specific competency of the CA
Competency Map. This specific competency is very significant in that it is tested at the highest level (perform) of the three possible levels of proficiency.
Course Materials Required Materials:
1. ACC 611 / AFM 504 Course Package (includes readings and cases) – purchased at the University bookstore
− The CICA Handbook, Part I – International Financial Reporting
Standards, Part II – Accounting Standards for Private Enterprises, and Public Sector Accounting Standards Available through the UW library system
Prerequisites AFM 491
Anticipated Workload and Course Grades
Final grades in the course will likely be determined in the following manner:
Workload Evaluation
Class Contribution and Participation Interim Case Submission
20% 5% Group Presentation and Topic Summary 30%
Final Exam 45%
Total 100%