Course Form (One form per course, lab, or recitation)
NORTHEAST Integrated Curriculum Committee

Date: 6/30/2022
1.

Contact person: Loren F. Selznick, J.D., Chairperson
Phone: 570-389-4899

2.

Email: lselznic@bloomu.edu

Department:

Accounting and Business Law

Program:

Accounting

3.

Tracking # (For Provost office use only)

4.

CIP# (For Provost office use only)

5.

Select which actions you are requesting for _X_ Undergraduate __ Graduate
☐ Course Modified for Integration

6.

☐ Course Not Previously Offered at any campus

Click modalities that the course may be offered (80% +)
☒Face-to-Face/In person ☒ Online (100%) ☒ Interactive TV ☒ Multi-modal

New University
Course Prefix

New University
Course Number

New University
Course Title

ACCT

442

Audit Theory and Procedures

Current University
Course Prefix

Current University
Course Number

Current University
Course Title

*Only list Current Courses that are equivalent to the New Course

BU: ACCT

442

Audit Theory and Procedures

LHU:
MU:
1

New Course for Integrated University
7. Will the course be seeking General Education approval?
☒ No ☐ Yes (if yes, go to next section General Education Approval- click on this link)
8. Resources at Each Campus: List any resources, including faculty, facilities, technology,
equipment, or library resources necessary at each campus listed above.
Faculty at all three campuses
Identify on which campuses the course is intended to be offered in the integrated university
(for administration use only):
☐ x BU

☐ x LHU

☐ x MU

9. Identify Departments/Programs/Courses impacted by changes on this form (Identify any
programs/departments/courses that may be impacted by course changes. Contact programs,
departments to obtain support if you are offering a course that will impact their program:
No changes from current course. Current program AACSB approved.
10. Indicate Semester and Year Course will be implemented:
Fall 2023
11. Provide a rationale for how this course relates to the mission and goals of the related program:
Students learn to use audit standards and procedures to determine whether financial statements
present fairly in all material respects. Students also continue learning to follow professional and
ethical standards imposed by law and licensing associations.

12. Abbreviated Title (for Master Schedule, Maximum 20 spaces):
Audit Theory-Proced

13. Course Description for Catalog (Maximum 75 words -start with an action verb.):
Provides a rigorous introduction to concepts and techniques used by CPA firms to
perform financial statement audits. Includes professional and ethical standards, legal
liabilities, audit objectives, planning, risk assessment, evaluation of internal control,
selection and use of audit procedures, audit reports, and work paper preparation and
techniques to support the audit report. Four hours lecture per week.
14. Credit(s): 4
Clock Hours:

Lecture: 4 hours

Recitation: hours Lab: hours

Contract Hours:

Lecture: 4 hours

Recitation: hours Lab: hours

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15. Prerequisites (Courses completed prior to taking this course):
ECON256 Business and Economics Statistics I, ACCT310 Accounting Information Systems,
ACCT323 Intermediate Accounting 3
16. Co-requisites (Courses which must be taken simultaneously with other courses):
None
17. Enrollment Restrictions (e.g., limited to majors in program XXX, restricted from majors in program
XXX, etc.): Intended primarily for, but not restricted to, accounting majors

18. Repeatable: Can this course be repeated for credit as a multi-topic class, not just for a grade
change?
☒ No ☐ Yes: How many times is the course repeatable?
19. Dual-Level or Cross-Listed: Is this course dual-level? ☐Yes ☒No.
If yes, list the course prefix and number.
If dual-level, indicate content, assignments, and assessments for graduate and undergraduate
courses on two separate Master Course Syllabus forms. Cross-Listed is across multiple
departments/programs.
20. Estimated Frequency of Offering:
How often will the course be taught for a two-year cycle? It is estimated that the course will be
offered 4 times in a two-year cycle--every fall and spring semester.
21. Recommended class size for student success: Provide the recommended class size number and a
clear rationale based on accreditation guidelines, discipline standards, or pedagogical limitations.
Recommended class size is 30 students to allow for student hands-on experience and group work as
well as extensive faculty observation and in-class and outside-of-class guidance of students and
groups in upper level exercises, problem solving, and simulations.

Submit a Master Course Syllabus – (see attached)

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General_Education_Approval
Locate the required Curricular Theme, Program Goal, and Learning Objectives and Desired Outcomes for
your selected area of this program in the General Education Plan (click on this link).
GE-1: Select the Curricular Theme and Program Goal you are applying from the drop down below (click
on the words Choose an item, then click on the arrow and select one option):

Choose an item.

GE-2: How does your course fit into the General Education Curricular Theme and Program Goal to which
you are applying (be sure to address all of the required areas of the selected Program Goal)?

➢ Caution, these terms Curricular Themes and Program Goals are specific to this General Education
Program, See Ship Guide pages 6-12 for clarification
https://www.ship.edu/globalassets/gec/handbook_generaleducationship_2018_09_25.pdf
➢ [A program goal is a clear statement that expresses what our program will do for students. Each goal
is designed to prompt and guide teaching practice and program assessment. For example in the
Curricular Theme of Diversity, a Program Goal is to Guide and prompt students to evaluate the
diversity of human experience, behavior, and thought, in order to better understand ourselves and
others, to respond to the roots of inequality that undermines social justice, while developing
awareness regarding diversity in culture, ethnicity, race, gender/gender expression, religion, age,
social class, sexual orientation, or abilities.]

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GE-3: List the Course Specific SLOs that correspond to the General Education SLOs of the relevant
Curricular Theme and Program Goal and explain how your course will meet each one of these Course
Objectives. Please be specific and use examples to align in column two and to demonstrate how this will be
implemented in column three.
Course Specific Student Learning
Objectives (SLOs)

General Education Student
Learning Objectives (SLOs)

How do the methods and
structure of the course provide
students with the opportunity
to meet each aligned pair of
General Education and Course
Specific SLOs?

Submit the Master Course Syllabus (including assessment) in addition to this form to be considered for
General Education approval.

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Signatures
Required
Signatures

Name

Date

Department
Chairperson

Loren F. Selznick

June 30, 2022

By typing my name in the box above, I am electronically signing this form. Dean, ICC Chair, and
President/Designee will sign to indicate approval directly in SharePoint.

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MASTER COURSE SYLLABUS

1. DATE PREPARED:
June 21, 2022
2. PREPARED BY:
Loren F. Selznick, J.D., Chairperson
3. DEPARTMENT:
Accounting and Business Law
a. Program:
Accounting
4. COURSE PREFIX & NUMBER (without space in-between):
ACCT442
5. COURSE TITLE:
Audit Theory and Procedures
6. CREDIT HOURS:
4
7. RECOMMENDED CLASS SIZE:
34
8. PREREQUISITES/CO-REQUISITES:
ECON256 Business and Economics Statistics I,
ACCT310 Accounting Information Systems, ACCT323 Intermediate Accounting 3
9. COURSE DESCRIPTION FOR CATALOG:
Provides a rigorous introduction to concepts and techniques used by CPA firms to perform
financial statement audits. Includes professional and ethical standards, legal liabilities, audit
objectives, planning, risk assessment, evaluation of internal control, selection and use of
audit procedures, audit reports, and work paper preparation and techniques to support the
audit report. Four hours lecture per week.
10. CONTENT DESCRIPTION:
A. The following areas of study will be included:
• Purpose of a financial statement audit and how it serves society
• Generally Accepted Auditing Standards, PCAOB Standards, Sarbanes/Oxley
Act
• AICPA Code of Professional Conduct
• Auditor liability under common law and federal statute
• Audit risk model and types of audit evidence
• Inherent and control risk assessment and their impact on substantive tests
• Sampling to test controls and account balances
• Substantive procedures to test account balances
• Audit reports and the conditions under which each is issued
• Work paper techniques and preparation

11. STUDENT LEARNING OUTCOMES:

12. STUDENT ASSESSMENT

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

Include assessment(s) and whether they are suggested or
mandated (e.g., to comply with accreditation or as a minimum
standard)

Explain the purpose of a financial statement
and how it serves society
2) Follow requirements of Generally Accepted
Auditing Standards, PCAOB Standards, and
Sarbanes/Oxley Act
3) Follow the requirements of the AICPA Code of
Professional Conduct

Exams, assignments, audit simulation,
class participation and exercises
Exams, assignments, audit simulation,
class participation and exercises

1)

Exams, assignments, audit simulation,
class participation and exercises
7

4)
5)
6)
7)
8)
9)
10)

Explain principles of auditor liability under
common law and federal statutes
Describe the audit risk model and identify and
distinguish types of audit evidence
Describe inherent and control risk assessment
and their impact on substantive tests
Conduct sampling to test controls and account
balances
Conduct substantive procedures to test
account balances
Explain audit reports and the conditions under
which each is issued
Describe workpaper techniques and prepare
workpapers

Exams, assignments, audit simulation,
class participation and exercises
Exams, assignments, audit simulation,
class participation and exercises
Exams, assignments, audit simulation,
class participation and exercises
Exams, assignments, audit simulation,
class participation and exercises
Exams, assignments, audit simulation,
class participation and exercises
Exams, assignments, audit simulation,
class participation and exercises
Exams, assignments, audit simulation,
class participation and exercises

*Note- Rows can be added

13. METHODS:
Class size is determined by the needs of the students and based on best teaching
practices. The course may be offered in traditional face-to-face format, or distance
education format. The traditional face-to-face format will include lecture, handouts,
group discussions, assessments and exams. The Distance Education format will utilize
the learning management to administer lectures, assignments, group discussions, and
other content necessary for the successful completion of the course.
14. COURSE ASSESSMENT:
The department will collect departmentally-develop rubrics and/or results on exam items
across all sections of the course on a regular basis. The assessment data will assist in identifying
needed changes to the course to ensure greater student attainment of the Student Learning
Objectives. The results of the evaluation will be reviewed by the department, and, if warranted,
adjustments to the course will be made.
15. SUPPORTING MATERIALS- SAMPLE TEXTS (Recommended):
Johnstone. Auditing: A Risk-Based Approach (11th ed.).
Knapp. Contemporary Auditing: Issues and Cases (12th ed.).
Paul. Peach Blossom Cologne Company Audit Case (5th ed.).
Going Concern https://goingconcern.com/
Accounting Today https://www.accountingtoday.com/
Indicate possible recommended texts for the course where appropriate, including author/editor, title, publisher, edition, and
date of publication. The style of entry should consistently follow a manual such as Turabian, MLA, APA, or an accepted guide
in a specific discipline.

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