ACCG32001D
Public Sector Accounting
Sheridan
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
 
Section I: Administrative Information
  Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Winter 2018
Prerequisites: ACCG32004D
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Bach Bus Admin Market Manage, Bach Business Admin Accounting, Bach Business Admin Finance, Bach Human Resources, BachBus Admin Spply Chain Mgmt
Program Coordinator(s): Lorraine Alyea, Sathy Sritharakumar, Carol Bureau, Maryam Hafezi, Mark Weaver
Course Leader or Contact: N/A
Version: 20180122_00
Status: Approved (APPR)

Section I Notes: This course will be delivered in hybrid format.

 
 
Section II: Course Details

Detailed Description
Students examine accounting and managing processes for governments andother not-for-profit organizations. Topics include the institutionalsetting, accounting standards, financial statements, cost control andrisk management. Through interactive lectures, classroom problem solving exercises,case studies and essays, students will review and analyze governmentannual reports and budget documents, critically analyze public sectorperformance information, review, evaluate, and/or recommend costmanagement and control practices in public sector enterprises andidentify and manage risk.

Program Context

 
Bach Bus Admin Market Manage Program Coordinator(s): Carol Bureau
This is a business elective course in the Bachelor of Business Administration (BBA) Accounting program, as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It is an advanced level course in financial accounting that further develops the use of professional judgment in financial reporting. The outcomes and learning experiences of these course components will contribute to the students' Creative Learning professional accounting programs of study.

Bach Business Admin Accounting Program Coordinator(s): Lorraine Alyea
This is a business elective course in the Bachelor of Business Administration (BBA) Accounting program, as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It is an advanced level course in financial accounting that further develops the use of professional judgment in financial reporting. The outcomes and learning experiences of these course components will contribute to the students' Creative Learning professional accounting programs of study.

Bach Business Admin Finance Program Coordinator(s): Mark Weaver
This is a business elective course in the Bachelor of Business Administration (BBA) Accounting program, as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It is an advanced level course in financial accounting that further develops the use of professional judgment in financial reporting. The outcomes and learning experiences of these course components will contribute to the students' Creative Learning professional accounting programs of study.

Bach Human Resources Program Coordinator(s): Sathy Sritharakumar
This is a business elective course in the Bachelor of Business Administration (BBA) Accounting program, as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It is an advanced level course in financial accounting that further develops the use of professional judgment in financial reporting. The outcomes and learning experiences of these course components will contribute to the students' Creative Learning professional accounting programs of study.

BachBus Admin Spply Chain Mgmt Program Coordinator(s): Maryam Hafezi
This is a business elective course in the Bachelor of Business Administration (BBA) Accounting program, as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It is an advanced level course in financial accounting that further develops the use of professional judgment in financial reporting. The outcomes and learning experiences of these course components will contribute to the students' Creative Learning professional accounting programs of study.


Course Critical Performance and Learning Outcomes

  Critical Performance:
By the end of the course, students will have demonstrated the ability to apply generally accepted accounting principles to government and other non-profit enterprises.
 
Learning Outcomes:

To achieve the critical performance, students will have demonstrated the ability to:

  1. Differentiate between public sector and private sector accounting.
  2. Appraise government measures of performance management and provide recommendations for improvements through reference to applicable Statements of Recommended Practice.
  3. Evaluate the government budget process based on the theory/processes of budgeting.
  4. Interpret PSAB (Public Sector Accounting Board) standards in making professional judgments on how to account for public sector accounting situations.
  5. Assess whether a set of government financial statements and supporting information meet the four financial statement objectives.
  6. Compare financial statements for governments and those for not-for-profit organizations.
  7. Assess a government's risk management strategies and make recommendations for improvement.
  8. Demonstrate professional behaviours including: a. work effectively in a team environment b. meet due dates c. produce professional quality assignments d. use reference materials responsibly

Evaluation Plan
Students demonstrate their learning in the following ways:

 Evaluation Plan: IN-CLASS & ONLINE INSTRUCTION
 Assignments (2 Cases @ 10% each, Project/Essay @ 15%)35.0%
 Midterm Exam30.0%
 Final Exam35.0%
Total100.0%

Evaluation Notes and Academic Missed Work Procedure:
In addition to achieving a minimum 50% overall grade, a student must have a combined average of at least 50% on the non-group components of the evaluation plan in order to receive credit for this course.

Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:


 

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar

  • Not Eligible for PLAR

 
 
Section III: Topical Outline
Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Instruction Mode: In-class & Online Instruction
Professor: Multiple Professors
Resource(s):
 TypeDescription
RequiredOtherCourse Pack including: Authoritative Guidance: Reporting on Public Sector Operations - CICA
RequiredOtherSelected CA Magazine articles: The Gate Keeper; Municipalities on the Move.
RequiredOtherSelected articles from Public Sector Digest
OptionalOtherNon-Authoritative Guidance such as: Financial Reporting by First Nations
OptionalOther20 Questions About the Government Reporting Entity
OptionalOtherPublic Performance Reporting: Guide to Preparing Public Performance Reports
OptionalOtherGuide to Accounting for and Reporting Tangible Capital Assets
OptionalOther20 Questions About Government Financial Reporting

Applicable student group(s): Bachelor of Business Administration
Course Details:

Description:

Module 1 - Canadian Governments: The Financial and Institutional Setting
Learning Outcome: 1

Module 2 - Accountability and Performance Management
Learning Outcome: 2, 7

Module 3 - Financial Planning and Budgeting Systems
Learning Outcome: 3

Module 4 - Public-Sector Accounting Standards
Learning Outcome: 2, 4
Case #1: 10%

Module 5 - Financial Reporting Standards, Tools, and Practices
Learning Outcome: 5
Midterm Exam: 30%

Module 6 - Financial Statements
Learning Outcome: 5, 6

Module 7 - Analysis of Governmental Financial Performance
Learning Outcome: 6
Case #2: 10%

Module 8 - Cost Management and Control Practices
Learning Outcome: 7

Module 9 - Risk Management
Learning Outcome: 7
Project/Essay: 15%
Final Exam: 35%



Sheridan Policies

All Sheridan policies can be viewed on the Sheridan policy website.

Academic Integrity: The principle of academic integrity requires that all work submitted for evaluation and course credit be the original, unassisted work of the student. Cheating or plagiarism including borrowing, copying, purchasing or collaborating on work, except for group projects arranged and approved by the professor, or otherwise submitting work that is not the student's own, violates this principle and will not be tolerated. Students who have any questions regarding whether or not specific circumstances involve a breach of academic integrity are advised to review the Academic Integrity Policy and procedure and/or discuss them with the professor.

Copyright: A majority of the course lectures and materials provided in class and posted in SLATE are protected by copyright. Use of these materials must comply with the Acceptable Use Policy, Use of Copyright Protected Work Policy and Student Code of Conduct. Students may use, copy and share these materials for learning and/or research purposes provided that the use complies with fair dealing or an exception in the Copyright Act. Permission from the rights holder would be necessary otherwise. Please note that it is prohibited to reproduce and/or post a work that is not your own on third-party commercial websites including but not limited to Course Hero or OneNote. It is also prohibited to reproduce and/or post a work that is not your own or your own work with the intent to assist others in cheating on third-party commercial websites including but not limited to Course Hero or OneNote.

Intellectual Property: Sheridan's Intellectual Property Policy generally applies such that students own their own work. Please be advised that students working with external research and/or industry collaborators may be asked to sign agreements that waive or modify their IP rights. Please refer to Sheridan's IP Policy and Procedure.

Respectful Behaviour: Sheridan is committed to provide a learning environment that supports academic achievement by respecting the dignity, self-esteem and fair treatment of every person engaged in the learning process. Behaviour which is inconsistent with this principle will not be tolerated. Details of Sheridan's policy on Harassment and Discrimination, Academic Integrity and other academic policies are available on the Sheridan policy website.

Accessible Learning: Accessible Learning coordinates academic accommodations for students with disabilities. For more information or to register, please see the Accessible Learning website (Statement added September 2016)

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Any changes to course curriculum and/or assessment shall adhere to approved Sheridan protocol. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.


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