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5797


DOCUMENTS OF THE GENERAL FACULTY

CHANGES TO THE PROFESSIONAL PROGRAM IN ACCOUNTING
IN THE MCCOMBS SCHOOL OF BUSINESS CHAPTER OF
THE UNDERGRADUATE CATALOG, 2008-2010


Dean George Gau of the McCombs School of Business has filed with the secretary of the Faculty Council the following changes to the Professional Program in Accounting in the School of Business chapter in the Undergraduate Catalog, 2008-2010. The faculty of the college approved the changes on October 4, 2007, and the dean approved the proposed change on October 5, 2007. The secretary has classified this proposal as legislation of exclusive interest to a single college or school.

The Committee on Undergraduate Degree Program Review recommended approval of the change on November 7, 2007, and forwarded the proposed changes to the Office of the General Faculty. The Faculty Council has the authority to approve this legislation on behalf of the General Faculty. The authority to grant final approval on this legislation resides with the Executive Vice Chancellor of Academic Affairs.

If no objection is filed with the Office of the General Faculty by the date specified below, the legislation will be held to have been approved by the Faculty Council. If an objection is filed within the prescribed period, the legislation will be presented to the Faculty Council at its next meeting. The objection, with reasons, must be signed by a member of the Faculty Council.

To be counted, a protest must be received in the Office of the General Faculty by noon on November 20, 2007.


Greninger Signature
Sue Alexander Greninger, Secretary
The Faculty Council


This legislation was posted on the Faculty Council Web site on November 12, 2007. Paper copies are available on request from the Office of the General Faculty, WMB 2.102, F9500.


5798


CHANGES TO THE PROFESSIONAL PROGRAM IN ACCOUNTING
IN THE MCCOMBS SCHOOL OF BUSINESS CHAPTER OF
THE UNDERGRADUATE CATALOG, 2008-2010


NAME OF DEGREE PROGRAM(S): BACHELOR OF BUSINESS ADMINISTRATION-PROFESSIONAL PROGRAM IN ACCOUNTING
EXPLAIN CHANGE(S) TO DEGREE PROGRAM:
1) Replace Accounting 151, PPA Lyceum with Accounting 254, Professional Accounting Lyceum.
2) Replace three of the required hours of legal environment of business on the tax track with Finance 367.


Indicate pages in the Undergraduate Catalog where changes will be made. Pages 52-53

GIVE A DETAILED RATIONALE FOR THE CHANGE(S):
1) ACC 151 comprises just over 12 contact hours (considering class change time). With enrollments approximating 230 students, this time is insufficient to systematically educate these students about the career options they will soon face. This is especially true given the current ACC 151 modifications toward a more interactive format and educational (not promotion) involvement by employers. A two hour offering spanning the fall and spring addresses this issue. Spring lyceum hours will substitute for current career activities not in addition to them. Integrating career learning efforts (i) in this class, (ii) by career services, and (iii) by student organizations promises to put less demands on the students’ time, not more. Efficiencies will not only derive from coordinated timing, but also the minimization of career information gaps and overlaps. In the end, greater control over previously disparate efforts holds promise to increase time efficiency, with the caveat that student organizations will always exercise some level of independence. However, they have expressed interest in working in concert.
2) FIN 367 content is important to MPA students. With the strong relationship between accounting and finance that MPA graduates, tax included, are likely to encounter in their careers, substituting FIN 367 for an LEB elective will provide stronger professional development than an LEB elective.

SCOPE OF THE PROPOSED CHANGE(S):
Does this proposal impact other colleges/schools? If yes, then how?
No.

Has the other college(s)/school(s) been informed of the proposed change? If so, please indicate their response. N/A
Person Communicated With: N/A
Date of communication: N/A

Will this proposal change the number of required hours for degree completion? If yes, please explain.
Yes, this will increase the program by one hour raising the total to 121.

Does this proposal involve changes to the core curriculum (42-hour core, signature courses, flags)? If yes, please explain.
No.

COLLEGE/SCHOOL APPROVAL PROCESS:

Department: yes Date: September 14, 2007
College: yes Date: October 4, 2007
Dean: yes Date: October 5, 2007