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Title: Student handbook
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Language: English
Creator: Fisher School of Accounting, Warrington College of Business Administration, University of Florida
Publisher: Fisher School of Accounting, Warrington College of Business Administration, University of Florida
Place of Publication: Gainesville, Fla.
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Source Institution: University of Florida
Holding Location: University of Florida
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Table of Contents
    Front Cover
        Front Cover
    Using the student handbook
        Page i
    Mission of the Fisher School of Accounting
        Page ii
    Table of Contents
        Page iii
        Page iv
        Page v
        Page vi
    Main
        Page 1
        Page 2
        Page 3
        Page 4
        Page 5
        Page 6
        Page 7
        Page 8
        Page 9
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        Page 12
        Page 13
        Page 14
        Page 15
        Page 16
        Page 17
        Page 18
        Page 19
        Page 20
        Page 21
        Page 22
        Page 23
        Page 24
        Page 25
        Page 26
        Page 27
        Page 28
        Page 29
        Page 30
        Page 31
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Full Text





Fisher School of Accounting


2008-2009




Student Handbook



210 Gerson Hall (GER)
University of Florida
P.O. Box 117166
Gainesville, FL 32611-7166


(352) 273-0200
(352) 392-7962 (FAX)
FSOA@cba.ufl.edu
http://www.cba.ufl.edu/fsoa


2008-2009 Student Handbook 8/1/2008







USING THE STUDENT HANDBOOK



The purpose of this handbook is to provide a compact, comprehensive source of information about
the Fisher School of Accounting and its degree programs. It is intended to help prospective students
familiarize themselves with the School and to aid the progress of students currently in accounting
degree programs. The handbook is not the sole source of information on the Fisher School of
Accounting. In particular, we remind you that students are responsible for understanding and
complying with the policies described within the University of Florida catalog. The University and
School policies described within the catalog and this handbook are strictly adhered to by the Fisher
School of Accounting.

When using this handbook be sure to use the version of the handbook that applies to your
catalog year. This is important to consider because some policies and procedures change from one
academic year to the next. However, the policies and procedures that apply to you do not change and
are based upon your unique catalog year. Generally, for undergraduate students, your catalog year is
the academic year that you were first admitted to an academic institution within the Florida State
University System. For community college transfers from most Florida community colleges this
would be the academic year you were admitted to community college. For all other undergraduates,
your catalog is the academic year you matriculated to the University of Florida. For graduate
students, your catalog year is the academic year you first became a graduate student at the University
of Florida. If you are not sure what your catalog year is, please see your advisor.

This handbook is intended to aid, but not replace, the counseling provided within the School. It is
not designed to cover unusual circumstances. In planning your specific program of studies and for
answers to questions not covered by the handbook, we encourage you to seek the help of the
undergraduate or graduate advisors. All counseling is provided on an appointment basis.
Appointments can be arranged through the School's receptionist [(352) 273-0200]. To the extent
possible, please try to make appointments during the "quieter" times of the term, so that our faculty
and staff can give you the time and attention that you need.

We hope that this handbook will be a useful supplement to our counseling in guiding you through
your degree program. The faculty and staff sincerely wish that the time you spend as part of the
Fisher School of Accounting will be both enriching and enjoyable. This handbook can help in
achieving those goals--please read it carefully.


2008-2009 Student Handbook 8/1/2008






MISSION OF THE FISHER SCHOOL OF ACCOUNTING


OUR MISSION:

As a professional school in a major public research university, the Fisher School of Accounting
(FSOA) is committed to scholarly research, teaching, and service to advance knowledge and prepare
future leaders for business, professional, and academic careers.

SHARED PURPOSES:

The FSOA serves business and accounting professionals and educators through innovative and high-
quality teaching and research with a focus on providing the education necessary for successful
careers in leadership positions. The School promotes the understanding and practice of accounting
and business through its research, teaching and service.

SHARED VALUES:

The mission is supported by the shared values listed below. We value a commitment to:

The achievement of continuous improvement.
High-quality, innovative and relevant research.
High-quality, innovative and relevant professional and doctoral education.
Utilization of the unique skills, talents and contributions of individual faculty and staff members.
The sentiments and advice of the faculty are important to faculty governance.
Academic excellence in the actions undertaken to fulfill our mission.
An environment of collegiality and mutual respect.
Active participation and support by our alumni and friends for our programs.
Outreach to the business and professional community.

MEASURES OF SUCCESS:

Consistently ranked among the top ten public university accounting programs.
Consistently ranked in the top half among the accounting programs of a select set of
benchmark schools.
Accounting research at Florida is competitive with that produced by our set of benchmark
schools.
Recognized for the high quality and diversity of our students, faculty and staff.
Faculty and staff continuously work to improve teaching quality and develop new courses
and programs.
Faculty are sought out to serve on editorial boards of major academic research and
professional journals and fill key professional leadership positions.
Faculty work to continuously grow their intellectual capital.
Highly-satisfied stakeholders.
External support and fundraising levels continue to improve.


2008-2009 Student Handbook 8/1/2008






TABLE OF CONTENTS

THE UNIVERSITY OF FLORIDA
H isto ry ........................................................................................... 1
P rog ram s ............................................... ........................... .. ............ .
FISHER SCHOOL OF ACCOUNTING
H isto ry ........................................................................................... 1
P ro g ra m s ................................................................ ................ .. 2
T h e F a cu lty .......................................................................................... .. 3
THE UNDERGRADUATE (B.S.Ac.) PROGRAM
Admission Requirements for the B.S.Ac. Program ....................... ........................... 4
Subm hitting an U undergraduate A application ........................................ ...................4
Minimum Standards for Entry to Applicant Pool..........................................5
Policies Relating to Undergraduate B.S.Ac. Admissions ........................................7
Policies and Procedures Relating to Newly Admitted Undergraduate
S tu d e n ts .................. ...................................... .................. ................ . 8
Subscribe to the FSO A M ail List....................................... .......................... 8
M ajors, M inors, and Dual D egrees.............................................. ......... ...... 8
Part-Tim e Students .................. ...................... .. .. .. ........ ...... ... .
C om puter R equirem ent .................................................................. .....................8
Student A cadem ic Support System (SA SS) ........................................ .................8
A cadem ic A advising ............ ........ .... ...... .. ... ... ....... .............. ... 8
Accounting and Business Core Courses from Other Institutions ........................9
Subm hitting a Course Substitution Form ........................................ .....................9
F lorida A .A D egree............ ... ...................................................... ......... . .... .9
Petition to W aive School Policies...................................... ........................ 10
U n d ergrad u ate R registration ........................................ ............................................10
Registration ............ .. ......... ................... 10
Module Courses ................... ......... ........ .........10
M minimum and M aximum Loads ...................... ........................................... 10
Registration at Other Institutions or for Correspondence Courses......................11
Registration Priorities for New Accounting Students ..........................................11
Registration for Supervised Accounting Internship ACG 4941 ............................11
Registration for Undergraduate Electives............................................................12
Undergraduate Students Registering for Graduate Courses ................................12
Drop/Add Period During the First Week of Classes............................................12
The B.S.Ac. Curriculum ................................. ..................................... 13
B.S.A c. Suggested Course Sequencing .................................. ............... ............... 14
Undergraduate Course Descriptions ................................................................... 15
Accounting Courses ............................................. .............. .... ........ 15
U undergraduate D rop Policies ...................................... ........................ ............... 16
Submitting a Drop Request Prior to the Published Deadline.............................16
Drop Requests After the Published Deadline ................................................16
U n satisfactory P perform ance ........................................ ............................................17
G rad u action ............................................................................17
A application for G radiation ............................................... ............................... 17
Minimum Requirements for Degree Certification.................... ...............18




2008-2009 Student Handbook 8/1/2008 111






H on ors an d H igh H on ors ........................................................................ .................. 19
G radu ating w ith H onors............................................ ....................................... 19
D ean 's L ist ................... .................................. 19
P resident' s H onor R oll .................. ...................................................................... .19
THE 3/2 PROGRAM B.S.Ac. AND M.Acc. DEGREES AWARDED CONCURRENTLY
Admission Requirements for the 3/2 (M.Acc./B.S.Ac. Program) ................................20
Subm hitting an A application .............. ........... ....................................................20
Minimum Standards for Entry to the 3/2 Program Applicant Pool .....................20
Policies Relating to 3/2 Program Admissions ....................................... .......... 21
Policies and Procedures Relating to Newly Admitted 3/2 Program
G ra d u a te S tu d en ts ............................................................................ ....................2 2
Subscribe to the FSO A M ail List.................................... ......................... 22
M ajors, M inors, and Dual Degrees................................................................. 22
Grade Point Average Com putation.................................... ........................ 22
Com puter R equirem ent ..................... ........................................ ............... 22
Student Academic Support System (SASS) .................................. ...............22
A cadem ic A advising .......................................................... ...... .. ............. 23
Accounting and Business Core Courses from Other Institutions ........................23
M mailboxes .................. .................................................... ........ ...... 23
Petition to W aive School Policies...................................... ........................ 23
G graduate R registration .................. .................................... .. ........ .... 23
R registration ..................................................................................................... 23
M odule C ourses ........................... .................. .................. ........ 24
M inim um and M axim um Loads ........................................ ........................ 24
Registration for Independent Study ................. ............................................ 24
Registration at Other Institutions or for Correspondence Courses........................24
S/U G rade O ption ............... .... ......... ........ .............. ............. .. ............. 24
Registration for Supervised Accounting Internship ACG 4941............................24
A p p rov ed E lectiv e ............................................................... ...... ....................2 5
The Finance Requirement ......................................... .................... 25
Drop/Add Period During the First Week of Classes................... ............... 25
3/2 P program C curriculum ................... ..... ... .. ....................................... ......26
3/2 Program Suggested Course Sequencing Years 3, 4 and 5...................................27
G graduate Curriculum C ourse D descriptions ........................................ .....................28
Graduate A accounting Core ............................................................................. 28
3/2 Program D rop Policies ....................................... ............................................ 30
Submitting a Drop Request Prior to the Published Deadline.............................30
Drop Requests After the Published Deadline ................................................30
U satisfactory Perform ance ........................................1
G radiation .............................................31
Application for Graduation ........................... ............. .................... 31
Minimum Requirements for Degree Certification.................. ...............32
H on ors an d H igh H on ors ........................................................................ .................. 33
G radu ating w ith H onors.............................................................. .....................33
THE M.Acc. PROGRAM AFTER COMPLETION OF THE B.S.Ac.
Admission Requirements for the M.Acc. Program ............................................... 34
Subm hitting an A application ....................... ..... .... ............. ....... .....................34
Minimum Standards for Entry to the M.Acc. Program Applicant Pool ................34
Policies Relating to the M.Acc. Program Admissions.............. ............ 35


2008-2009 Student Handbook 8/1/2008 iv






Policies and Procedures Relating to Newly Admitted M.Acc. Program
G ra d u a te S tu d en ts ............................................................................ ....................3 5
Subscribe to the FSO A M ail List.................................... ......................... 35
C om puter R equirem ent.......... .................................................. ............... 35
Preparatory C oursew ork ................................................ ............................ 35
Submitting a Course Substitution Form .................................... ............... 35
Student Academic Support System (SASS) .................................. ............... 36
A cadem ic A dvising .......... .......................................................... .. .... ...... . 36
T transferred C redit.................... .............. ........................... ...... .. ........ .....36
Business Core Degree Requirements Taken at Other Institutions
Prior to A dm mission ............................................................ ........ .. ........ ..... 36
Courses from Other Institutions After Admission..............................................37
M mailboxes ......................................... .... .. ............ ....... ........ .37
Graduate Minors and Concurrent Graduate Degrees...................................37
Petition to W aive School Policies...................................... ........................ 37
Graduate Registration .......... ......... ........ ....................38
R eg istration ............. ................. ..................................................................3 8
M o d u le C o u rse s ............................................................................................... 3 8
M inim um and M axim um Loads ........................................ ........................ 38
Registration for Independent Study ................. ....... ..................................... 38
Registration at Other Institutions or for Correspondence Courses.....................38
S/U G rade O option ........................................ ................. .... ....... 39
Approved Elective ...................................... .. ..... ...............39
The Finance Requirem ent ....................... ........ ........................ ............... 39
Drop/Add Period During the First Week of Classes .......................... ..........39
Preparatory Courses Required for the M.Acc. Program........................ ..........40
Preparatory Course Checklist for the M.Acc. Program ...........................................40
M .A cc. P program C curriculum .............................................................. .....................4 1
Suggested C ourse Sequencing .............................................................. .....................42
G graduate D rop P policies ......................... .....................................43
Submitting a Drop Request Prior to the Published Deadline.............................43
Drop Requests After the Published Deadline ................................................43
U n satisfactory P perform ance ........................................ ............................................44
G radiation ............................................................................45
Application for Graduation ......... ............ .... ........ ..................45
M minimum Requirements for Degree Certification................................................45
JURIS DOCTOR/MASTER OF ACCOUNTING (J.D./M.ACC.) JOINT PROGRAM
T he M .A cc. C om ponent.............................................................. .....................46
The J.D C om ponent ................................. .............. ................ ............ 46
Subm hitting a J.D ./M .A cc. A application ........................................ .....................46
Admission Requirements for the J.D./M.Acc. Program ...........................................47
Minimum Standards for Entry to the J.D./M.Acc. Applicant Pool .....................47
Policies Relating to J.D./M.Acc. Program Admissions .........................................47
Policies and Procedures Relating to Newly Admitted J.D./M.Acc. Program
G ra d u a te S tu d en ts ............................................................................ ....................4 9
Subscribe to the FSO A M ail List.................................... ......................... 49
Computer Requirement .............. .............. ...... ............... 49
Preparatory C oursew ork ............................................... ............................. 49
A cadem ic A dvising.................................................................. ... 49
Submitting a Course Substitution Form .................................... ............... 50
2008-2009 Student Handbook 8/1/2008 V






T transferred C redit.................... .............. ........................... ...... .. ........ .....50
Business Core Degree Requirements Taken at Other Institutions
Prior to A dm mission .......................................................... .... ... .. .. ...... .... 50
Courses from Other Institutions After Admission..............................................51
Petition to W aive School Policies...................................... ........................ 51
G rad u ate R registration ............................................................... ................. ........ .... 5 1
R eg istration ........................................... .....................................................5 1
M o d u le C o u rse s ............................................................................................... 5 1
M inim um and M axim um Loads ........................................ ........................ 51
Registration for Independent Study ................. ....... ..................................... 52
Registration at Other Institutions or for Correspondence Courses........................52
S/U G rade O option ........................................ ................. .... ....... 52
The Finance Requirement ............ ..... ................................. 52
Communications Requirement.. .. ........................ ....................52
Drop/Add During the First Week of Classes............... ....................................52
C ou rse D description s ................ ............................ .................. .. 53
Preparatory Courses Required for the J.D./M.Acc. Program...............................53
Preparatory Course Checklist for the J.D./M.Acc. Program .................................54
M.Acc. Curriculum Within the J.D./M.Acc. Joint Program ......................................55
Suggested Course Sequencing ......................................... 56
G graduate D rop P policy .......................................................................... .............. 57
Submitting a Drop Request Prior to the Published Deadline.............................57
Drop Requests After the Published Deadline ................................................57
U n satisfactory P perform ance ........................................ ............................................58
G rad u action ............................................................................58
A application for G raduation............................................................... ............... 58
Minimum Requirements for Degree Certification.................... ...............59
STUDENT SUPPORT SERVICES AND ORGANIZATIONS
Career Development and Job Placem ent .......................................... 60
Career Resource Center ............... .. ............ .. ... ................................. 60
Best Practices Regarding Internship and Offering of Employment .................60
Student O organizations .......................................... .. .. .... ........ .... .. ... 64
B eta A lpha Psi ..................... ......................... .............. ........... 64
Fisher School of Accounting Council................................................. .............. 64
Student Senate................................................. ............................... 65
FISHER SCHOOL OF ACCOUNTING AWARDS
A application Procedures ............................................... ............................ 65
Awards Adm inistered by the School .......................................... ............... 65
N om nations for External Aw ards ........................................ ...... ............... 65













2008-2009 Student Handbook 8/1/2008 vi







THE UNIVERSITY OF FLORIDA

History

The University of Florida, the largest and oldest public university in the state, is a residential, land-
grant institution. Its beginnings can be traced to the takeover of the private Kingsbury Academy in
Ocala by the state-funded East Florida Seminary in 1853. The Seminary was moved to Gainesville
following the Civil War. It was consolidated with the state's land-grant Florida Agricultural
College, then in Lake City, to become the University of Florida in Gainesville in 1906, with an
enrollment of 102.

Until 1947, the University was a men's college and one of only three state colleges. Others were
Florida State College for Women (now Florida State University) and Florida A&M University, both
of which are located in Tallahassee. Since 1947, when the student body numbered 8,177 men and
601 women, the University's enrollment has grown to more than 45,000. This comprehensive,
graduate research University has a broad range of undergraduate, graduate, and interdisciplinary
teaching, research, and service programs.

In 1985, the University of Florida was admitted to the Association of American Universities (AAU),
the most prestigious organization in higher education. Headquartered in Washington, D.C., the
AAU is composed of North America's finest higher education institutions, 54 of them in the U.S.
and 2 in Canada. Those universities judged to be pre-eminent in graduate and professional
education and research are invited to membership in the AAU and must receive a three-fourth's vote
of the body, which includes Harvard, Yale, Princeton, Stanford, MIT, Berkeley, Michigan, Southern
California, and Columbia, among others. UF nowj oins its sister institutions Duke, North Carolina,
Rice, Texas, Tulane, and Vanderbilt as the outstanding universities in the South.

Programs

The University of Florida includes the following colleges or schools: accounting, agricultural & life
sciences, architecture, arts & art history, building construction, business administration, dentistry,
design construction & planning, education, engineering, fine arts, forest resources and conservation,
health and human performance, public health & health professions, journalism and communications,
law, liberal arts and sciences, medicine, music, nursing, pharmacy, teaching and learning, and
veterinary medicine. Graduate programs are available to students at the master level and at the
doctoral level.

FISHER SCHOOL OF ACCOUNTING

History

Accounting has been one of the basic academic programs at the University of Florida for more
than 70 years. In 1977, the School of Accounting was established by the Board of Regents as a
separate school within the College of Business, and was endowed in 1985 through the generosity
of Frederick Fisher. The Fisher School is committed to scholarly research, teaching, and service
to advance knowledge and prepare future leaders for business, professional, and academic
careers. As evidence of the Fisher School's success in achieving its goals, the School's degree
programs are ranked highly by various academic and professional surveys.


2008-2009 Student Handbook 8/1/2008






The quality of the Fisher School of Accounting students is exceptional. Eighty-five percent of
University of Florida students score above the national mean on standard entrance exams taken by
college-bound students, and the students who subsequently enter the Fisher School are particularly
outstanding. On average, students admitted to the graduate accounting program score well above the
70th percentile on the Graduate Management Aptitude Test (GMAT).

The School's faculty members have earned Ph.D. degrees from the nation's leading universities. The
faculty is committed to excellence in teaching, research, and service. In addition to publishing the
School's own research journal, the faculty actively contribute to the accounting profession by
maintaining editorial positions for major accounting journals, participating in professional
organizations at the national and state levels, and providing services to major corporations and
public accounting firms.



Programs

The School offers the Bachelor of Science in Accounting (B.S.Ac.) and Master of Accounting
(M.Acc.) degrees and coordinates the accounting concentration for the Ph.D. in Business
Administration program. A program of joint studies leading to the joint awarding of the Juris
Doctorate and M.Acc. Degrees (J.D./M.Acc.) is also offered by the Fisher School of Accounting and
the Levin College of Law.

All Fisher School of Accounting programs are fully accredited by the American Assembly of Collegiate
Schools of Business (AACSB). The School was one of the first in the country to meet the accreditation
requirements for all of its accounting programs under the new AACSB standards. UF's undergraduate
and graduate programs in accounting and business were re-accredited by the AACSB at their annual
meeting in April 1998.


2008-2009 Student Handbook 8/1/2008






THE FACULTY


Professor:

Bipin B. Ajinkya, Ph.D.
University of Minnesota

Joel Demski, Ph.D.
University of Chicago
Fisher Eminent Scholar

W. Robert Knechel, Ph.D.
UNC at Chapel Hill
Ernst & Young Professor

Gary A. McGill, Ph.D.
Texas Tech University
Director, Associate Dean
PricewaterhouseCoopers Professor

Hadley P. Schaefer, Ph.D.
University of Michigan


Associate Professor:

Stephen K. Asare, Ph.D.
University of Arizona

Jesse V. Boyles, Ph.D.
University of Florida

Sandra S. Kramer, Ph.D.
University of Texas at Austin

Assistant Professor:

Vicki Dickinson, Ph.D.
University of Wisconsin-Madison

Haijin Lin, Ph.D.
Carnegie Mellon
Grant Thornton Term Faculty Fellow


Surjit Tinaikar, Ph.D.
University of Toronto

Jennifer W. Tucker, Ph.D.
New York University
Luciano Prida Sr. Term Professor

Master Lecturer:

Deborah Garvin, J.D.
UNC at Chapel Hill

Senior Lecturer:

Charles L. McDonald, Ph.D.
Michigan State University

Lecturer:

Dominique DeSantiago, M.Acc.
University of Florida
Associate Director

Affiliate Faculty:

David Sappington, Ph.D.
Princeton University
Eminent Scholar in Economics

Honorary Faculty:

J. Michael Cook, BSBA
University of Florida

Frederick E. Fisher, BSBA
Doctor of Humane Letters
(Honorary degree)
University of Florida

Alfred C. Warrington IV, BSBA
University of Florida


2008-2009 Student Handbook 8/1/2008







THE UNDERGRADUATE (B.S.Ac.)
PROGRAM

The Bachelor of Science degree in Accounting (BSAc) is a four year program that provides an
excellent foundation in accounting and business. Its conceptual focus is designed to prepare
students for success in a constantly evolving business environment and to also prepare students
for graduate studies. Students enrolled in the BSAc Program are eligible to submit an application
for early admission to graduate school via our combined 3/2 Program.

Some students enter the Fisher School of Accounting with the intention of limiting their
accounting studies at the University of Florida to undergraduate coursework. These students
often view the BSAc degree as providing valuable preparation for post-graduate studies in areas
other than accounting (e.g., law) or may intend to complete graduate accounting studies at
another institution.

Students are cautioned that completion of the B.S.Ac. degree alone will not satisfy the eligibility
requirements to sit for the Uniform Certified Public Accountant Exam or to practice as a CPA in
the State of Florida. Students aspiring to a career in professional accounting should plan on
seeking admission to the 3/2 Program. For information regarding eligibility to sit for the CPA
exam for all 50 states, visit http://www.nasba.org/nasbaweb.nsf/nasbahome.



ADMISSION REQUIREMENTS FOR THE B.S.Ac. Program

Submitting an Undergraduate Application

The Fisher School of Accounting applies the same admission standards to students who are currently
enrolled at the University of Florida (natives) and those students seeking entry to the Fisher School
of Accounting from another academic institution (transfers).

1. Native students who selected accounting as their Universal Tracking major upon admission to
the University of Florida, and continue to have an "AC" classification, will automatically be
classified as Junior and Senior accounting students providing:
a.) they are in good academic standing; and
b.) they remain "on track" (refer to the Freshman and Sophomore Guide for minimum requirements).

2. All other native students apply to the Fisher School by filling out an application to
change their undergraduate classification through the Fisher School of Accounting office
located in 210 Gerson Hall. This reclassification form can be downloaded at
http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp.

3. Transfer students apply through the University's Admissions Office. Online applications are
available on the University of Florida's web site at http://www.admissions.ufl.edu/start.html.


2008-2009 Student Handbook 8/1/2008






Undergraduate B.S.Ac. Program


Minimum Standards for Entry to the Undergraduate Applicant Pool

An applicant pool is used to select candidates for admission. All applications that meet the minimum
standards are placed into a pool from which the most qualified are selected for admission each term.
A faculty committee is responsible for admission decisions. Due to limited capacity, it is unlikely that
all students who meet the minimum standards for inclusion into the applicant pool will be admitted.

The minimum standards that must be met before a transfer student will be considered for admission
into the Fisher School are the following:

1. Completion of, or in the process of completing, at least 60 semester hours of coursework at
an accredited institution.
a. In the case of a transfer student from a community college within the State of Florida,
an Associate of Arts degree (A.A.) is required prior to enrollment in the Fisher
School of Accounting.

b. An overall grade point average that meets minimum standards. The current minimum
grade point average that is required for consideration is a 3.0 cumulative GPA,
calculated on all attempts of all college-level course work.
i. Courses deemed vocational or technical in nature are not factored into the
GPA computation.

ii. Where a student has attended the University of Florida and another institution,
the GPA calculation will be based only on the University of Florida course
work.

iii. In the case in which an applicant is repeating a course after having earned a
grade of "C" or higher, the repeat grade will not be averaged into the grade
point average computation (unless the repeated grade is lower than the initial
grade).
c. Grade forgiveness is not considered when computing the grade point average.

2. Completion of six preprofessional courses (19 semester hours as described below).
a. Exams (other than AP/IB credit) are not accepted toward meeting preprofessional
course requirements.

b. ACG 2021C Introduction to Financial Accounting, or its equivalent, must be
completed with a minimum grade of "B".
i. Students are allowed a maximum of two attempts (including drops and
withdrawals) to earn the minimum "B" grade.

ii. If a series of courses are taken, which upon completion is equivalent to ACG
2021C, then a minimum grade of "B" must be achieved in each course.


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Undergraduate B.S.Ac. Program


c. The remaining five preprofessional courses are:
i. ECO 2013 Principles of Macroeconomics, or its equivalent.

ii. ECO 2023 Principles of Microeconomics, or its equivalent.

iii. CGS 2531 Introduction to Computer Software, or its equivalent.

iv. STA 2023 Introduction to Statistics 1, or its equivalent.
v. MAC 2233 Survey of Calculus 1, or its equivalent.

d. A 3.0 minimum preprofessional grade point average is required of all applicants. In
computing this grade point average, the following guidelines apply:
i. Grade forgiveness is not considered when computing the grade point average,
and except for items 2(d)(i)(1) and 2(d)(i)(2) below, the grade point average is
computed on all attempts of preprofessional coursework.
1. In the case in which an applicant is repeating a course after having
earned a grade of "C" or higher, the repeat grade will not be averaged
into the preprofessional grade point average computation (unless the
repeated grade is lower than the initial grade).

2. When the applicant completes two or more different courses (and each
course fulfills the same preprofessional requirement), then the course
used to compute the preprofessional grade point average shall only
include the first course completed. E.g., if a student completes MAC
2311 with a "C" grade and then later completes MAC 2233 receiving
an "A" grade, only the grade earned in MAC 2311 will be used to
compute the student's preprofessional grade point average.

3. Transfer students who were not admissible to the Fisher School upon admission to other
degree programs at the University of Florida may apply for reclassification to the Fisher
School by meeting all of the following criteria:
a. Successfully complete all course requirements of tracking term 5.

b. Maintain a 3.0 UF grade point average.

c. Complete ACG 3481 and ACG 3482C with a minimum grade of "C".

d. Earned a minimum 3.0 preprofessional grade point average as described earlier in
item paragraph 2(d) herein.

e. Must be able to graduate with no more than 138 semester credit hours.

4. In the case of native students (current UF students) who have junior/senior level accounting
courses in process at the time of application, the junior/senior level accounting courses in
process must be successfully completed in order to gain admission to the undergraduate
program. These candidates must also satisfy all requirements described in item 2 herein.


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Undergraduate B.S.Ac. Program


5. Native students who were previously classified as "AC" students, have subsequently changed
majors, and are now seeking readmission to the accounting program will only be considered
for readmission if they are "on track" for the accounting program (computed from the point
of original admission to the accounting program).

6. Foreign students who are not exempt under university guidelines must complete the TOEFL
(Test of English as a Foreign Language). The minimum required score depends upon the
version of the exam that is completed.
Exam Format Total Sect. 1 (Listening) Sec. 2 (Writing) Sec. 3 (Reading) Sec. 4 (Speaking)
Computer-based 230 25 22 21 N/A
Paper-based 570 60 55 55 N/A
Internet-based 86 26 17 20 23

Policies Relating to Undergraduate (B.S.Ac.) Admissions

1. Meeting the minimum standards as stated above is required for entry to the applicant pool; it
does not guarantee admission into the Fisher School. Admission is selective.

2. Admission requirements into the Fisher School are always subject to change. Please check
the Fisher School office (Gerson 210) for the current standards.

3. Admission to the University of Florida does not guarantee admission to the Fisher School. If
a transfer student declares accounting as his/her major but is accepted under the 3LS
classification, or any other classification, the student has not been accepted to the Fisher
School of Accounting. Subsequent admission to the School will be based on the admission
standards described herein.

4. Admission to the Fisher School does not constitute admission to the 3/2 program. This
requires a separate application to the Graduate School.

5. Transfer students are advised that core courses required of the B.S.Ac. degree such as
Business Law, Principles of Marketing, Principles of Management, and Business Finance
must be taken as a junior/senior student at the University of Florida. This means that students
having taken these courses elsewhere will have to take another course in that subject area.

6. The Office of the Registrar determines the transferability of credit earned by course work at
other institutions. Credits for courses that are designated as vocational or technical courses, were
repeats of previous courses taken, or were from non-accredited institutions will not be
transferred for degree credit. In the case of course work taken at community and junior colleges,
a maximum of 60 semester hours may be transferred. More than 60 semester hours may be
transferred in the case of students entering from other accredited colleges and universities.


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Undergraduate B.S.Ac. Program


POLICIES AND PROCEDURES RELATING
TO NEWLY ADMITTED UNDERGRADUATE STUDENTS

Subscribe to the FSOA Mail List:
The primary means by which the school will communicate announcements, events, changes in
course offering, or other important information is via e-mail. Students who are admitted to the
School should log onto http://www.cba.ufl.edu/fsoa/myfsoa and subscribe to the FSOA mail list to
ensure that they receive notices from the School in a timely manner. Weekly announcements are
distributed by email. An archive of past announcements will be maintained for a short period on the
School's website at http://www.cba.ufl.edu/fsoa/docs/fsoa AnnouncementsArchive.pdf.

Majors, Minors, and Dual Degrees:
Students may choose to minor in programs offered by the colleges other than the Warrington
College of Business. Students may not double major or enter any dual degree program (except for
the 3/2 M.Acc. or the JD/M.Acc).

Part-Time Students
The Fisher School of Accounting is similar to a lock-step program. Students who cannot take the
suggested course loads listed on page 14 need to seek academic advising. Delays in progress
towards graduation may be encountered due to the lack of course availability and prerequisite
deficiencies.

Computer Requirement
All University of Florida students are expected to own a computer. You must have a notebook computer
to begin your junior year. A list of both minimum and recommended computer standards for UF
students can be found at http://www.cba.ufl.edu/itsp/docs/DMBTC_Computer Requirements.pdf

Student Academic Support System (SASS)
It is the student's responsibility to be aware of their academic requirements. Students are
encouraged to log onto http://www.isis.ufl.edu each semester to view their degree audit. This audit
lists all degree requirements for their particular program and indicates whether the student has met
each requirement. Students should pay close attention to these audits and should, at a minimum,
seek assistance from the appropriate advisor in the term prior to the semester in which they plan to
graduate if they have any questions about their SASS audit. Failure to do so may delay graduation.

Academic Advising
The undergraduate advisors are available for counseling on an appointment basis at the School's
administrative office (GER 210). All students are advised to seek guidance well in advance of
registration periods.


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Undergraduate B.S.Ac. Program


Accounting and Business Core Courses from Other Institutions

1. Once a student has been admitted into the Fisher School of Accounting, the student may not
take any additional accounting or business core coursework at any other institution.

2. Students who have taken junior/senior level courses at accredited universities prior to
entering the Fisher School should submit junior/senior level course substitution forms to the
School in order to establish the equivalency to UF requirements. Substitutions for required
junior/senior level courses require approval of the School and of the UF department offering
the required course. Note: Only one 3000-4000 level business course (upon approval) may
fulfill required business core course work.

3. Accounting courses taken at other institutions are not substitutable for the junior/senior level
accounting courses required for the B.S.Ac. degree.


Submitting a Course Substitution Form

Students transferring into the Fisher School from other institutions may be asked to complete
substitution forms for all of their preprofessional requirements and junior/senior level core
coursework. These forms may be obtained from the Fisher School of Accounting office (GER 210)
or downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp. Failure to do so may result in
the student being dropped from a subsequent course. The substitution process is as follows:

Complete the course substitution form.
1. Attach a photo-copy of the course description and a course syllabus from the transferring
institution.

2. Attach a photo-copy of the accreditation statement from the school where you took the class-
usually found in the front of the catalog. (Not necessary for nationally known schools or a 'State'
University).

3. Submit this form when completed, with attachments, to the Fisher School of Accounting office.


Florida A.A. Degree

Only students who enter the School with an Associate of Arts degree from a Florida community or
junior college within the State University System are considered to have automatically met all
general education requirements. All other students must meet the University of Florida's general
education requirements for the student's catalog year. This handbook does not address specific
general education requirements. Please refer to the University of Florida undergraduate catalog
(www.registrar.ufl.edu/catalog) for guidance.


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Undergraduate B.S.Ac. Program


Petition to Waive School Policies

Any request to waive the policies of the School requires submission of a petition form to the
Associate Director. The forms may be obtained from the school office (GER 210) or may be
downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp. Until a School decision is made,
students should not operate under any presumption that the petition will be approved. If a student
wishes to appeal the decision of the Associate Director, he or she should request that the denied
petition be submitted to the Petitions Committee.

Students should be aware of the importance of submitting documentary evidence to support
petitions, and that events or circumstances beyond the student's control are necessary for the waiver
of a School policy. Petitions on matters outside the School's jurisdiction are considered by the
University's Petitions Committee which operates through the Dean of Students Office (202 Peabody
Hall).

UNDERGRADUATE REGISTRATION

Registration

Students register for courses through the ISIS portal located at http://www.isis.ufl.edu. ISIS
provides students with information regarding the registration process, the University Schedule of
Courses, the academic calendar, and class meeting times. Students are forewarned to exercise
caution in registering for modular courses. To facilitate the modular format, ISIS will not prevent
students from enrolling in two, or more, courses that meet at the same time. Students are responsible
for ensuring that course conflicts do not exist. Because electronic platform courses (the
undergraduate business core) may be viewed online, these courses may conflict with other courses.

Module Courses

Modular courses are courses that meet for one half of the semester. The fall semester is divided into
two modules with module one meeting the first half of the semester and module two meeting the
second half of the term. Similarly, the spring semester is divided into module three and module four.
For the B.S.Ac. program ACG3481 and ACG3482C follow the module format. The University
Schedule of Courses does not provide module course offerings. This information can be viewed by
visiting MyFSOA at http://www.cba.ufl.edu/fsoa/myfsoa.

Minimum and Maximum Loads

1. Fifteen hours is considered an average course load. Students electing to carry 12 semester
hours will have to attend summer sessions (subject to availability) to remain on track
towards a timely graduation.

2. The maximum load per term is 18 credits. Students may exceed this maximum only with the
permission of the Associate Director.


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Undergraduate B.S.Ac. Program


Registration at Other Institutions or for Correspondence Courses

1. Courses may not be taken by correspondence.
2. Required courses (critical tracking, accounting, business, and supporting fields for Master of
Accounting program) may not be taken outside of the University of Florida. No exceptions
to this policy are permitted.
3. Elective and general education courses may be taken outside of the University of Florida only if:
a.) The student will have more than 30 hours left to graduate from the Fisher School upon
completion of such courses, and
b.) advanced approval is obtained from the Associate Director via www.facts.org.

Registration Priorities for New Accounting Students

To make progress toward the B.S.Ac. degree in a timely fashion, applicants should make every
effort to complete all freshman and sophomore requirements. Note that all critical tracking courses
listed on page 13 are pre-requisites for upper-division courses, and not having all 22 credit hours
completed upon admission will significantly delay progress towards graduation.

Freshman and Sophomore deficiencies (with respect to general education, critical tracking courses
and electives) must be made up. The credit associated with making up these courses generally does
not count toward meeting the 60 hours of Junior/Senior credit required for the B.S.Ac. degree.

Registration priorities for new accounting students should be:

1. Register for ACG381 and ACG3482C (Accounting Info & Business Processes I and II).
2. Complete any general education deficiencies.
3. Complete any critical tracking course deficiencies.
4. If you are transferring from a Florida community college, you must provide evidence of
having earned your AA degree.

Note: general education, critical tracking, accounting and business courses may not be taken using
the S/U option.

Registration for Supervised Accounting Internship: ACG 4941

Students are encouraged to complete an accounting internship. The School has developed a list of best
practices (page 60) that students should read before they interview for an internship. To be
meaningful, it is recommended that the internship be taken after having completed Tax and Auditing.
Although internships are encouraged, not all students need to register for Internship credit. It is
recommended students meet with an advisor to assess whether the credit hours are needed.

Students may register for a minimum of two to a maximum of four credits of accounting internship.
The Internship course may be repeated for a cumulative total of five credit hours.

At a minimum, students must meet the following criteria to be eligible to register for accounting
internship credit:

1. Successfully completed ACG 4133C and ACG 4352C.


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Undergraduate B.S.Ac. Program


2. Complete the enrollment form and have it signed by the internship coordinator. This form
can be downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp.

3. Prior to starting the internship, bring the completed form to 210 GER for approval by the
internship coordinator.
Please note: Registration in this class must be completed during advanced or regular
registration in order to avoid late registration fees.


Registration for Undergraduate Electives

1. A minimum of 11 credit hours of undergraduate electives must be at the 3000 or above
course level.

2. Students are cautioned that a minimum of 60 semester credit hours must be taken outside the
Fisher School of Accounting and the Warrington College of Business. This requirement will
be met if all of the student's freshman/sophomore level electives are taken outside the
College or the School. If this is not the case, the student must be selective in his/her choice
of junior/senior level electives in order to fulfill this requirement.

3. Only six credits in physical education and six credits of military science may be used for
junior/senior level electives.

4. No accounting course (except ACG 4941) may count toward B.S.Ac. elective graduation
requirements.

5. Except for M.Acc. preparatory coursework, undergraduate electives may be taken using the
S/U grade option.


Undergraduate Students Registering for Graduate Courses

With the exception of TAX 5005 (Federal Income Tax) and ACG 5637 (Auditing 1), the Fisher
School requires that students be admitted to the graduate program (M.Acc. program) before they can
enroll in graduate accounting courses. With an approved petition, undergraduate students, law
school students, and graduate students in other academic units who meet or exceed the minimum
graduate admission standards for the Master of Accounting program and have completed all
prerequisites may enroll in these courses (subject to seating availability).


Drop/Add Period During the First Week of Classes

The University calendar specifies the length and specific timing of the drop/add period for each term.
This period provides an opportunity for students to modify their schedule during the first few days of
the semester. Every effort should be made to complete registration well in advance of drop/add.
Students who were unable to register for an accounting course required to remain on track because of
circumstances beyond his/her control should go to 210 GER for assistance. Students simply seeking
to change the section of a course they already have must use ISIS to adjust his/her schedule.


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Undergraduate B.S.Ac. Program

B.S.Ac. CURRICULUM


*General Education


Preprofessional
ACG 2021C
*CGS 2531
*ECO 2013
*ECO 2023
*MAC 2233
*STA 2023


and Critical Tracking Courses:
Intro. To Financial Accounting
Problem Solving Using Computer Software
Principles of Macroeconomics
Principles of Microeconomics
Survey of Calculus 1
Intro. To Statistics 1


Critical Tracking Course:
*MAC 2234 Survey of Calculus 2

Freshman & Sophomore Electives:


2-14*


Total Freshman & Sophomore Coursework

Accounting Core Course Requirements:
ACG 3481 Accounting Info. and Business Processes
1


ACG 3482C
ACG 4133C
ACG 4352C
TAX 5005
ACG 5637


Accounting Info. and Business Processes 2
Financial Accounting
Cost and Managerial Accounting
Federal Income Tax
Auditing 1


Business Core Course Requirements:
MAN 3025 Principles of Management
MAR 3023 Principles of Marketing
ECP 3703 Managerial Economics
QMB 3250 Statistics for Business Decisions
FIN 3403 Business Finance
MAN 4504 Operations/Supply Chain Management
BUL 4310 Legal Environment of Business


Junior & Senior Electives (course level >_ 3000)


Total B.S.Ac. Hours


120


* Some preprofessional courses fulfill general education requirements. When this is the case,
the number of freshman/sophomore level electives required will correspondingly increase.


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36*







Undergraduate B.S.Ac. Program


B.S.Ac. SUGGESTED COURSE SEQUENCING


CAUTION! STUDENTS INTERESTED IN THE 3/2 PROGRAM MUST FOLLOW THE
COURSE SEQUENCING FOR THE 3/2 PROGRAM.

Credit
Hours


FRESHMAN/SOPHOMORE COURSE WORK


Year 3:
Semester 5: FALL


PREREQUISITES


ACG 3481 Accounting Info. and Business Processes I
ACG 3482C Accounting Info. and Business Processes II
FIN 3403 Business Finance
QMB 3250 Statistics for Business Decisions


ACG 2021C "B"
ACG 3481 "C"
ACG 2021C "D"
STA 2023 "D"


Semester 6: SPRING


ACG 4133C Financial Accounting
ECP 3703 Managerial Economics
MAN 3025 Principles of Management
Elective > 3000 Level


ACG 3482C "C" FIN 3403 "D"
MAC 2233 "D" ECO 2023 "D"
ECO 2023 "D", Sophomore Standing


Year 4:
Semester 7: FALL


ACG 4352C Cost and Managerial Accounting
TAX 5005 Federal Income Tax
MAR 3023 Principles of Marketing
Elective > 3000 Level


ACG 3482C "C" QMB 3250 "D" MAC 2234 "D"
ECP 3703 co-req
ACG 3482C "C" AC Standing
ECO 2023 "D" or ECO 2013 "D" Sophomore Standing


Semester 8: SPRING


Auditing I
Operations/Supply Chain Management
Legal Environment of Business
Elective > 3000 Level


ACG 4352C & ACG 4133C "C" AC Standing
MAC 2233 "D" STA 2023 "D"


1. Course sequencing assumes all freshman and sophomore requirements have been met.

2. All undergraduate business and accounting courses are available in both the Fall and the Spring
semesters. Summer offerings are subject to budgetary constraints.


2008-2009 Student Handbook 8/1/2008


ACG 5637
MAN 4504
BUL 4310


Notes:







Undergraduate B.S.Ac. Program


UNDERGRADUATE COURSE DESCRIPTIONS

ACCOUNTING COURSES:

ACG 2021C Introduction to Financial Accounting.
Credits: 4; Prereq: Sophomore Standing.
Conceptual introduction to financial accounting. Emphasis is placed on wealth and income measurement, and
the preparation and interpretation of conventional financial statements.

ACG 3481 Accounting Information and Business Processes 1.
Credits: 3; Prereq: "B" grade or better in ACG 2021C
First of a two-course sequence that examines the generation, dissemination and utilization of accounting information
in a business organization. The course is structured around the business processes of such organization. Coverage
extends over topics in traditional areas of financial accounting, management accounting and systems.

ACG 3482C Accounting Information and Business Processes 2.
Credits: 4; Prereq: "C" grade or better in ACG 3481.
Second of a two-course sequence that examines the generation, dissemination and utilization of accounting
information in a business organization. The course is structured around the business processes of such organization.
Coverage extends over topics in traditional areas of financial accounting, management accounting and systems.

ACG 3802 Professional Speaker Series
Credits: 1; Prereq: None. Open to all majors.
Exposes students to technical topics and emerging issues in accounting, business, and in related professions such as
law. The course also addresses career opportunities in the practice of public accounting, industry, financial services,
government, and in business more generally.

ACG 4133C Financial Accounting.
Credits: 4; Prereq: "C: grade or better in ACG 3482C; FIN 3403.
Extends coverage of accounting for assets, equity, and liabilities beyond that covered in ACG 3481 and ACG
3482C. Topics also include revenue recognition, income taxes, accounting changes, statement of cash flows, and
earnings per share.

ACG 4352C Cost and Managerial Accounting.
Credits: 4; Prereq: ACG 3482C with a minimum grade of "C", QMB 3250 and MAC 2234; Co-requisite:
ECP 3703.
Extends cost and managerial coverage beyond that covered in ACG 3481 and ACG 3482C. Topics include
activity based costing and management, budgeting, flexible budgets, standard costing, inventory management,
transfer pricing, performance evaluations and decision-making.

ACG 4931 Special Topics
Credits: 1 to 3

ACG 4941 Supervised Accounting Internship.
Credits: 2 to 4; S/U Grade Only. Prereq: permission of u ....'.. ,lri internship coordinator.
Applied work in professional accounting. Requires several papers and reports. Advance approval is required.

ACG 4970 Honors Thesis.
Credits: 1; S/U Grade Only. Prereq: minimum 3.6 overall and a minimum 3.611,..... ',li,, GPA is needed to
earn the magna cum laude distinction. Minimum 3.8 overall and a minimum 3.8 ...... ,,l' i,, GPA is needed
to earn the summa cum laude distinction.
The thesis must be submitted to the Fisher School no later than the published deadline and includes an abstract.

ACG 5637 Auditing 1.
Credits: 3; Prereq: minimum grade of "C" in both ACG 4133C andACG 4352C andAC standing.
Introduction to auditing and assurance services. Decision making process research and auditing standards and
procedures with an emphasis upon ethics, legal liability, internal control, audit evidence, testing and an
introduction to statistical sampling and EDP auditing.


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Undergraduate B.S.Ac. Program


TAX 4930 Special Topics in Taxation.
Credits: 1 to 4; can be repeated with change in content up to 6 credits. Prereq: permission ofschool.
Course provides an opportunity for in-depth study of topics not offered in other courses and of topics of special
current significance.
TAX 5005 Federal Income Tax.
Credits: 3; Prereq: minimum grade of "C" in ACG 3482C andAC standing.
Concepts and application for all types of taxpayers. Influence of taxation on economic decisions, basic
statutory provisions relevant to determining taxable gross income, allowable deductions, tax computations,
recognition or nonrecognition of gains or losses on property transactions, and characterization of gains and
losses.

UNDERGRADUATE DROP POLICIES

Students are allowed (2) drops in their first sixty (60) credit hours completed at UF. These drops
lapse if not used during the semester in which the student completes 60 semester hours. Thereafter,
students are allowed (2) more drops beginning the term after the first 60 hours completed.

1. The two-drop policy applies to all drops taken at the University of Florida regardless of
whether the student was in the Fisher School of Accounting at the time of the drop.
2. The policy is intended to cover legitimate causes. They are not free drops and students
should exercise judgment in using the drop allowance.
3. All drops become part of the student's official record with the School and will be recorded
on the student's official transcript ("W").
4. Withdrawal from all courses in any term (Fall, Spring or Summer) will count as one drop for
the purpose of applying the two-drop policy.
5. All other drop requests must be acted upon by the Associate Director as advised by the
Petitions Committee. The Committee will be very strict in considering such requests and
will not approve drops for reasons that are not beyond the student's control.
6. When enrollment becomes a constraint, students who drop accounting courses will have the
lowest priority for enrolling in the same course in following semesters (whether or not they
successfully register for the course during advanced registration).

Submitting a Drop Request Prior to the Published Deadline

1. Pick up a drop form and a Schedule Change Form from the Fisher School. The drop form
may also be downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp.
2. Complete the drop form and obtain the signature of the course instructor.

3. Return the signed forms to the Fisher School for its approval and signature.

4. Submit the Schedule Change Form to the Office of the Registrar (222 Criser Hall). It is the
responsibility of the student, not the Fisher School, to submit the Schedule Change Form to
the Office of the Registrar.

Drop Requests After the Published Deadline

After the last day to drop by College petition (as published each semester in the Schedule of
Courses) all petitions must be presented to the University of Florida Committee on Student Petitions.
These petitions should be presented to the Office of the Registrar (222 Criser Hall) for referral to
that Committee.


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Undergraduate B.S.Ac. Program


UNSATISFACTORY PERFORMANCE

Students who do not make satisfactory academic progress will be dropped from the accounting
program. In addition to University regulations concerning unsatisfactory performance, the School
will exclude students from the accounting program for each of the following reasons:

1. The student earns two grades below "C" in accounting courses numbered 3000 and above
regardless of whether the student was in the Fisher School of Accounting at the time they
earned those grades.
2. The student's cumulative grade point average on all coursework completed at the University
of Florida grade point average falls below 2.0 and remains there after one subsequent term of
enrollment.
3. The student's cumulative junior/senior grade point average falls below 2.0 and remains there
after one subsequent term of enrollment.
4. The student's accounting grade point average, calculated on all attempts of required
accounting courses numbered 3000 and above, falls below 2.0 and remains there after one
subsequent term of enrollment.
5. The student withdraws from the University three times after admission into the Fisher School
of Accounting.
6. The student fails to complete a required junior/senior level accounting course for two
consecutive semesters of enrollment.
7. For purposes of all of the above policies, the following rules apply to the definition of a term:
a.) Any term for which a student registers for courses at the University of Florida counts
as a term of enrollment, even if the student subsequently withdraws from the term
(after the drop/add period).
b.) Summer registration is viewed as registration for one term, (e.g., whether a student
registers for Summer A alone, or registers for Summer A and Summer B and C, the
student is considered to have registered for one term).
8. Refer to the University undergraduate catalog (www.registrar.ufl.edu/catalog) for a
discussion on grade point average computations.


GRADUATION

Application for Graduation

For undergraduate students nearing the time to earn their B.S.Ac. degree from the Fisher School, the
following procedures apply:

1. Each student should plan to see an advisor in the semester prior to the term of planned
graduation to confirm that all degree requirements will be met pending the successful
completion of the remaining plan of study. Graduation checks can not be done during the
week of drop/add.
2. It is the student's responsibility to apply for graduation at Criser Hall. The deadline for
submitting applications is published in the Office of the University Registrar's academic
calendar (http://www.registrar.ufl.edu). Failure to submit a timely application may prevent
graduation.


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Undergraduate B.S.Ac. Program

Minimum Requirements for Degree Certification

To graduate with a B.S.Ac. degree, a student must:

1. Have satisfactorily completed 120 semester hours of the prescribed coursework (see B.S.Ac.
Curriculum on page 13). In addition:
a.) The student's last 30 hours of coursework must have been completed in residence at
the University of Florida.
b.) The waiving of any required course does not reduce the hours required for
graduation.
c.) Credit hours will not be given for repeated courses.
d.) A minimum of sixty credit hours of course work must be at the 3000 level or above
course level.
e.) A minimum of sixty credit hours must be completed outside the Warrington College
of Business and the Fisher School of Accounting.

2. Have a minimum 2.0 GPA on all University of Florida coursework.

3. Have a minimum 2.0 GPA on all junior/senior level University of Florida coursework (all
courses taken after the student reaches 60 semester credit hours).

4. Have a minimum 2.0 GPA on all attempts of all required accounting courses numbered 3000
and above.
a.) The student must have completed a minimum of 18 semester credit hours of
junior/senior level accounting courses at the Fisher School of Accounting.

5. For purposes of computing the GPAs referred to above the following apply:
a.) If a course is repeated after an initial grade of"C" (or better) (e.g., to achieve the "B"
requirement for ACG 2021C), the repeat grade and hours will not be computed in the
University of Florida grade point average.
b.) Except for (a) above, all attempts of all courses are included in the computation.
This means that a repeated course is included as many times as grades for it were
recorded.

6. Refer to the University's undergraduate catalog (www.registrar.ufl.edu/catalog) for a general
discussion on grade point average computations.


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Undergraduate B.S.Ac. Program


HONORS AND HIGH HONORS

Graduating with Honors

Outstanding performance is recognized by the designation of cum laude, magna cum laude and
summa cum laude. The requirements for such honors are as follows:

Cum laude Minimum 3.2 GPA in all attempts of major course work. In addition, the
student must earn a minimum 3.2 GPA in all attempts of junior/senior level course work.

Magna cum laude Minimum 3.6 GPA in all attempts of major course work. In addition,
the student must earn a minimum 3.6 GPA in all attempts ofjunior/senior level course work.

Summa cum laude Minimum 3.8 GPA in all attempts of major coursework. In addition,
the student must earn a minimum 3.8 GPA in all attempts ofjunior/senior level course work.

Only course work taken at UF will be included in these computations. Major course work
shall include the six required accounting courses. Junior/senior level course work shall
include all course work in excess of 60 semester hours.

To receive magna cum laude or summa cum laude recognition, the student must register for and
complete ACG 4970, Honors Thesis, under the supervision of the Fisher School. The thesis must be
accompanied by an abstract. These are available at the Fisher School of Accounting. Post-
baccalaureate students are not eligible to receive honors recognition.

Dean's List

Students will appear on the college's Dean's List if they meet a minimum GPA of 3.5 based on a
minimum of 14 semester hours. S-U option courses are not counted in the GPA calculation for
dean's list. Grades of"I" or "N" also cannot be calculated. Each student so honored will receive the
Dean's List certificate.

President's Honor Roll

Students will appear on the President's Honor Roll if they achieve a perfect 4.0 GPA with at least 15
hours of graded academic course work (no S-U) in the fall or spring semester. Each student so
honored will receive the President's Honor Roll certificate.


2008-2009 Student Handbook 8/1/2008






THE 3/2 PROGRAM
B.S.Ac. AND M.Acc. DEGREES AWARDED CONCURRENTLY

The 3/2 Program is the Fisher School of Accounting's premier professional program. It is an
integrated, five-year, 150-hour program which leads to the joint awarding of a Bachelor of
Science in Accounting (B.S.Ac.) degree and a Master of Accounting (M.Acc.) degree. Students
in this program are able to design an individualized plan of study including courses in the areas
of financial accounting, auditing, taxation, and cost and managerial accounting.

This program is designed for the students who desire a professional accounting career.
Completion of this program will fulfill the State of Florida's requirements to take the Uniform
Certified Public Accountant Examination and practicing as a CPA in Florida. Please note that
the State of Florida requires that all requirements for taking the exam in Florida be completed
prior to the application deadline for the exam. Therefore a student in the 3/2 program cannot
apply to take the CPA exam in Florida until he/she has graduated from the 3/2 program. Call the
Florida Board of Accountancy at (352) 333-2500 or visit their web site at
http://www.state.fl.us/dbpr/cpa/index.shtml if you have any questions regarding your eligibility
to take the CPA Exam in Florida. For information regarding eligibility to sit for the CPA
examination for all 50 states, visit http://www.nasba.org/nasbaweb.nsf/lp.

Since students in the 3/2 program have a graduate classification, students receiving
undergraduate scholarships or Pell grants typically lose eligibility for their funding. Students
encountering this problem should consult with an academic advisor and consider entering the
M.Acc. program after earning their B.S.Ac. degree.

ADMISSION REQUIREMENTS FOR THE
3/2 (M.Acc./B.S.Ac.) PROGRAM

Submitting an Application

Students seeking admission to the 3/2 Program submit a graduate application through the University
of Florida's Admissions Office. Graduate applications should be completed during the student's
second semester of their junior year. Prospective graduate students should plan on taking the
Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) during
this time. Graduate applications will not be processed without a test score. Online applications and
required forms are available through the FSOA web site at http://www.cba.ufl.edu/fsoa.

Minimum Standards for Entry to the 3/2 Program Applicant Pool

The minimum standards that must be met before a student will be considered for admission into the
3/2 (M.Acc.) Program are the following:

1. Completion of, or in the process of completing, at least 80 semester hours of coursework.

2. GPA of at least 3.0 calculated on all courses taken after the student reaches 60 credit hours.

3. The timing of the student's application must meet one of the following patterns:


2008-2009 Student Handbook 8/1/2008







3/2 (B.S.Ac./M.Acc.) Program


3/2 PROGRAM Timing of Application

Completed In process in the semester Application for admission for the
prior to admission following semester accepted?

ACG 3481 ACG 4133C YES
ACG 3482C ACG 4352C (recommended)

ACG 3481
ACG 3482C ACG 4133C e
ACG 4352C (acceptable)

ACG 3481
ACG 3482C ACG 4352C YES
ACG 4133C (acceptable)

ACG 3481
ACG 3482C YES
NONE
ACG 4133 C (not recommended)
ACG 4352C

ACG 3481
AG3481 ACG 4352C YES
ACG 3482C
ACG 34C TAX 5005 (not recommended)
ACG 4133C

ACG 3481
ACG348ACG 4133C YES
ACG 3482C
ACG 4C TAX 5005 (not recommended)
ACG 4352C

ACG 4133C
ACG 3481 YES
ACG 4352C
ACG 3482C TAX 5005 (definitely not recommended!)
TAX 5005

Any other possible combination not listed NO



4. A minimum GPA of 2.8 in all accounting courses completed at UF (>3000 level) in
semesters prior to graduate admission. Once a student has earned a "C" grade in these
courses, repeats of the same course will not be computed in the students accounting GPA if
the repeat grade is higher than a "D".

5. A total score (for verbal and quantitative sections) of 500 or more on the GMAT exam or
1100 or more on the GRE exam.


Policies Relating to 3/2 Program Admission

The above represent minimum standards for eligibility. Meeting the minimum standards does not
guarantee admission into the 3/2 M.Acc. program. Admission is selective.


2008-2009 Student Handbook 8/1/2008






3/2 (B.S.Ac./M.Acc.) Program


POLICIES AND PROCEDURES RELATING
TO NEWLY ADMITTED 3/2 PROGRAM GRADUATE STUDENTS

Subscribe to the FSOA Mail List:

The primary means by which the school will communicate announcements, events, changes in
course offering, or other important information is via e-mail. Students who are admitted to the
School should log onto http://www.cba.ufl.edu/fsoa/myfsoa and subscribe to the FSOA mail list to
ensure that they receive notices from the School in a timely manner. Weekly announcements are
distributed by email. An archive of past announcements will be maintained for a short period on the
School's website at http://www.cba.ufl.edu/fsoa/docs/fsoa AnnouncementsArchive.pdf.

Majors, Minors, and Dual Degrees:

Students may choose to minor in programs offered by the colleges other than the Warrington
College of Business (with the exception of the graduate minor in Decision Information Science).
Students may not double major or enter any dual undergraduate degree program.

Graduate accounting students are encouraged to complete a graduate minor in Decision Information
Sciences. The graduate DIS minor is jointly offered by the Fisher School of Accounting and the
department of Decision and Information Sciences. The minor requires the selection of specific
graduate auditing courses and the completion often credits of coursework in Information Sciences.
Four of these hours fulfill the approved elective requirement of the M.Acc program. With proper
planning, the minor in DIS and the M.Acc. degree can be earned within the 150 credit hours
required. For additional details visit http://www.cba.ufl.edu/fsoa/myfsoa.

Grade Point Average Computation

Once admitted to the 3/2 Program the student's GPA is based only on those courses completed as a
graduate student.

Computer Requirement

All University of Florida students are expected to own a computer. Minimum and recommended computer
standards can be found at http://www.cba.ufl.edu/itsp/docs/DMBTC_Computer Requirements.pdf

Student Academic Support System (SASS)

It is the student's responsibility to be aware of their academic requirements. Students are
encouraged to log onto http://www.isis.ufl.edu each semester to view their degree audit. This audit
lists all degree requirements for their particular program and indicates whether the student has met
each requirement. Students should pay close attention to these audits and should, at a minimum,
seek assistance from the appropriate advisor in the term prior to the semester in which they plan to
graduate if they have any questions about their SASS audit. Failure to do so may delay graduation.


2008-2009 Student Handbook 8/1/2008






3/2 (M.Acc./B.S.Ac.) Program


Academic Advising

The Associate Director is available for counseling on an appointment basis at the School's
administrative office (GER 210). All students are advised to seek guidance well in advance of
registration periods.

Accounting and Business Core Courses from Other Institutions

1. Once a student has been admitted into the Fisher School of Accounting, he/she may not take
any additional accounting or business core coursework at other institutions.
2. Accounting courses taken at other institutions are not substitutable for the junior/senior level
or graduate accounting courses required for the B.S.Ac. and M.Acc. degrees.


Mailboxes

All Master of Accounting students have a mailbox located inside the Student Commons Room
(GER 114A). It is the student's responsibility to check the mailbox at least once a week for
correspondence from the Fisher School of Accounting.


Petition to Waive School Policies

Any request to waive the policies of the School requires submission of a petition form to the
Associate Director. The forms may be obtained from the school office (GER 210) or may be
downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp. Until a School decision is made,
students should not operate under any presumption that the petition will be approved. If a student
wishes to appeal the decision of the Associate Director, he or she should request that the denied
petition be submitted to the Petitions Committee.

Students should be aware of the importance of submitting documentary evidence to support petitions
and that events or circumstances beyond the student's control are generally necessary for the waiver
of a School policy. Petitions on matters outside the School's jurisdiction are considered by the
University's Petitions Committee which operates through the Dean of Students Office (202 Peabody
Hall).

GRADUATE REGISTRATION
Registration

Students register for courses through the ISIS portal located at http://www.isis.ufl.edu. ISIS
provides students with information regarding the registration process, the University Schedule of
Courses, the academic calendar, and class meeting times. Students are forewarned to exercise
caution in registering for modular courses. To facilitate the modular format, ISIS will not prevent
students from enrolling in two, or more, courses that meet at the same time. Students are responsible
for ensuring that course conflicts do not exist. Because electronic platform courses (the
undergraduate business core) may be viewed online, these courses may conflict with other courses.


2008-2009 Student Handbook 8/1/2008






3/2 (M.Acc./B.S.Ac.) Program


Module Courses

Modular courses are courses that meet for one half of the semester. The fall semester is divided into
two modules with module one meeting the first half of the semester and module two meeting the
second half of the term. Similarly, the spring semester is divided into module three and module four.
All courses in the graduate program (except ACG5637, TAX5005, and ENC5236) follow the
modular format. The University Schedule of Courses does not provide module course offerings. This
information can be viewed by visiting MyFSOA at http://www.cba.ufl.edu/fsoa/myfsoa.


Minimum and Maximum Loads

1. Twelve hours is considered an average course load.

2. The maximum load per term is fifteen credits. Students may exceed this maximum only with
the permission of the Associate Director.


Registration for Independent Study

This course is restricted to graduate students who are currently meeting all GPA requirements for
graduation, and who have obtained approval for registration from both the supervising faculty
member and the Associate Director. It is not available to graduate students attempting to
restore GPA deficits.


Registration at Other Institutions or for Correspondence Courses

1. Courses may not be taken by correspondence.

2. Required courses (in accounting and supporting fields) may not be taken outside of the
University of Florida. No exceptions to this policy are permitted.

3. Registration for any other courses requires the approval of the Associate Director.


S/U Grade Option

Courses taken for M.Acc. degree credit may not be taken using the S/U grade option.


Registration for Supervised Accounting Internship ACG 4941

Students are encouraged to complete an accounting internship. The School has developed a list of
best practices (page 60) that students should read before they interview for an internship. To be
meaningful, it is recommended that the internship be taken after having completed Tax and
Auditing. Although internships are encouraged, not all students need to register for Internship
credit. It is recommended that students meet with an advisor to assess whether the credit hours are
needed.

Students may register for two to four credits of accounting internship. The Internship course may be
repeated for a cumulative total of five credit hours.


2008-2009 Student Handbook 8/1/2008






3/2 (M.Acc./B.S.Ac.) Program


At a minimum, students must meet the following criteria to be eligible to register for accounting
internship credit:

1. Completed ACG4133C and ACG4352C.

2. Complete the enrollment form and have it approved by the internship coordinator. This form
can be downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp.

3. Prior to starting the internship, bring the completed form to 210 GER for registration.

Please note: Registration in this class must be done during advanced or regular registration
in order to avoid late registration fees.

Approved Elective

The 3/2 program requires the completion of 4 credits of approved elective modules. The electives
are designed to enhance the student's graduate plan of study by allowing him/her to further explore
an academic area of interest relating to his/her career goals. Each semester, the school will post on
its website a list of graduate courses that are available for the forthcoming semester that will satisfy
the approved elective requirements. For courses not listed, students may submit a petition to the
Fisher School requesting its approval. The petition should clearly state how the proposed course
will enhance the student's program of graduate studies.

All of the following procedures apply when selecting an approved elective:

1. The elective must be taken as a 7AC (graduate classification).

2. The course must be at least a 5000 level course.

3. The course may not be an introductory course (i.e., it must have a junior/senior level
prerequisite from the same discipline which the student has successfully completed).

4. The course may not be an accounting course.

5. The course may not, in substance, be duplicative of a course the student has already completed.

The Finance Requirement

Students are required to complete a minimum two credit graduate approved finance module. Courses
that satisfy this requirement are published with the listing of approved electives on the School's
website. The finance requirement is separate from the approved elective requirement. However,
upon completing the finance requirement, if a student completes additional graduate finance
modules, these may be used to help fulfill the approved elective requirement.

Drop/Add Period During the First Week of Classes

The University calendar specifies the length and specific timing of the drop/add period for each term.
This period provides an opportunity for students to modify their schedule during the first few days of
the semester. Every effort should be made to complete registration well in advance of drop/add.
Students who were unable to register for an accounting course required to remain on track because of
circumstances beyond his/her control should go to 210 GER for assistance. Students simply seeking
to change the section of a course they already have must use ISIS to adjust his/her schedule.


2008-2009 Student Handbook 8/1/2008







3/2 PROGRAM CURRICULUM
(B.S.Ac. and M.Acc. Degrees Awarded Concurrently)

Freshman & Sophomore Requirements


Undergraduate Accounting Course Requirements:


ACG 3481
ACG 3482C
ACG 4133C
ACG 4352C
TAX 5005
ACG 5637
Undergraduate Business
MAN 3025
MAR 3023
ECP 3703
QMB 3250
FIN 3403
MAN 4504
BUL 4310


Accounting Information & Business Processes 1
Accounting Information & Business Processes 2
Financial Accounting
Cost and Managerial Accounting
Federal Income Taxation
Auditing 1
Course Requirements:
Principles of Management
Principles of Marketing
Managerial Economics
Statistics for Business Decisions
Business Finance
Operations/Supply Chain Management
Legal Environment of Business


Junior-Senior Electives
Communications Course Requirements:
ORI 2000 Oral Interpretation of Literature (or SPC2600, AEE3030C)

Graduate Business Core Course Requirements:
MAN 6724 Strategic Management
MAN 5246 Organizational Behavior
BUL 5832 Commercial Law for Accountants
FIN xxxx Graduate Approved Finance Module
ENC 5236 Advanced Business Writing for Accounting
Required Graduate Accounting:
ACG 5226 Mergers and Acquisitions & Consolidated Statements
ACG 5815 Accounting Institutions & Professional Literature
TAX 5065 Tax Professional Research


60









21









28
4

3 56







12




6


Plus six from the Following Courses:


ACG 5505
ACG 6136
ACG 6207
ACG 6255
ACG 6387
ACG 6635
ACG 6657
ACG 6695
ACG 6888
TAX 6015
TAX 6016
TAX 6017
TAX 6526
TAX 6726
TAX 6877


Financial Rep. for Govt. & Not-for-Profit Organizations
Accounting Concepts and Financial Reports
Accounting Issues in Financial Risk Management
International Accounting Issues
Strategic Costing
Issues in Audit Practice
Auditing and Corporate Governance
Computer Assurance and Control
Foundations of Measurement
Taxation of Business Entities I
Taxation of Business Entities II
Taxation of Business Entities III
Advanced International Taxation
Executive Tax Planning
Multijurisdictional Taxation


Approved Electives:

TOTAL 3/2 PROGRAM HOURS

2008-2009 Student Handbook 8/1/2008


4 34








3/2 PROGRAM SUGGESTED COURSE SEQUENCING
YEARS 3, 4 AND 5

Credi
t
Hours


FRESHMAN/SOPHOMORE COURSE WORK

Year 3:
Semester 5: FALL


ACG 3481
ACG 3482C
FIN 3403
QMB 3250


Accounting Info. and Business Processes I
Accounting Info. and Business Processes II
Business Finance
Statistics for Business Decisions


Semester 6: SPRING


ACG 4133C


Financial Accounting


ACG 4352C Cost and Managerial Accounting
ECP 3703 Managerial Economics
ORI 2000 Oral Inter. of Lit.
(or SPC2600/AEE3030C/GEB3218)


(complete GMAT and apply for fall admission to 3/2)
Semester 7: SUMMER


Electives
MAN 3025


Principles of Management


PREREQUISITES


ACG 2021C "B"
ACG 3481 "C"
ACG 2021C "D"
STA 2023 "D"



ACG 3482C "C" FIN 3403 "D"
ACG 3482C "C" QMB 3250 "D" MAC 2234 "D" ECP 3703 co-req
MAC 2233 "D" ECO 2023 "D"


ECO 2023 "D" Sophomore Standing


Year 4:
Semester 8: FALL


Auditing I
Federal Income Tax
Principles of Marketing
Legal Environment of Business


ACG 4352C & ACG 4133C "C" AC Standing
ACG 3482C "C" AC Standing
ECO 2023 "D" or ECO 2013 "D", Sophomore Standing


Semester 9: SPRING


Mergers and Acquis. and Consolid. Statem.
Accounting Inst. and Profess. Literature
Tax Professional Research
Operations/Supply Chain Management
Advanced Business Writing for Accounting


ACG 4133C "C" 7AC Standing
ACG4133C "C" ACG 5637 "C" 7AC Standing
TAX 5005 "C" 7AC Standing
MAC 2233 "D" STA 2023 "D"
Two completed English courses


Year 5:
Semester 10: FALL


ACG or TAX 6XXX
ACG or TAX 6XXX
ACG or TAX 6XXX
BUL 5832 Commercial Law for Accountants
MAN 5246 Organizational Behavior
6000 Level Approved Elective


Semester 11: SPRING


ACG or TAX 6XXX
ACG or TAX 6XXX
ACG or TAX 6XXX
FIN XXXX
MAN 6724 Strategic Management
6000 Level Approved Elective


Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
BUL 4310 "D" 7AC Standing
MAN 3025 "D" 7AC Standing
View Approved Electives on page 25



Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Completion of Business Core, 7AC Standing
View Approved Electives on page 25


Total 3/2 Program Hours


2008-2009 Student Handbook 8/1/2008


ACG 5637
TAX 5005
MAR 3023
BUL 4310


ACG 5226
ACG 5815
TAX 5065
MAN 4504
ENC 5236







3/2 (B.S.Ac./M.Acc.) Program


GRADUATE CURRICULUM COURSE DESCRIPTIONS

GRADUATE ACCOUNTING CORE:

ACG 5226 Mergers and Acquisitions and Consolidated Statements.
Credits: 2; Prereq: ACG 4133C. 7AC standing.
Reporting of business combinations, equity method of accounting for investments in stocks, and issues concerning
consolidated financial statements.

ACG 5505 Financial Reporting for Governmental and Not-for-Profit Organizations.
Credits: 2; Prereq: ACG 4133C; 7AC standing.
Reporting by state and local governmental organizations and not-for-profit entities.

ACG 5637 Auditing I.
Credits: 3; Prereq: "C" grade or better in ACG 4133C and in ACG 4352C. 'AC' standing
Introduction to auditing and assurance services. Decision-making process, research, and auditing standards and
procedures, with emphasis on ethics, legal liability, internal control, audit evidence, testing, and introduction to statistical
sampling and EDP auditing.

ACG 5815 Accounting Institutions and Professional Literature.
Credits: 2; Prereq: ACG 4133C, ACG 5637; 7AC standing.
Private and public sector accounting institutions and their respective professional literature. Research techniques for
addressing accounting issues emphasized through case assignments.

ACG 6136 Accounting Concepts and Financial Reporting.
Credits: 2; Prereq: ACG 5815; 7AC standing.
Theoretical frameworks essential to explore structure, features, and limitations of accounting and financial reporting.

ACG 6207 Accounting Issues in Financial Risk Management.
Credits: 2; Prereq: ACG 5815, ACG 5226; 7AC standing.
Overview of risk management, financial instruments used in risk management, and related accounting issues and practices.

ACG 6255 International Accounting Issues.
Credits: 2; Prereq: ACG 5815, ACG 5226; 7AC standing.
Overview of international accounting and financial reporting practices in foreign jurisdictions and comparisons of
financial reporting requirements between United States and selected foreign countries.

ACG 6387 Strategic Costing.
Credits: 2; Prereq: ACG 5075 orACG 4352C; Graduate standing.
Strategic view of design and use of an organization's internal accounting system.

ACG 6635 Issues in Audit Practice.
Credits: 2; Prereq: ACG 5815, ACG 5226; 7AC standing.
In-depth discussion of fundamental concepts underlying audit practice, including introduction to current topics in
auditing, advanced audit methods, and trends in auditing practice.

ACG 6657 Auditing and Corporate Governance.
Credits: 2; Prereq: ACG 5226, ACG 5815; 7AC standing.
Concepts of corporate governance including regulation and practice. Overview of corporate governance mechanisms and
introduction to economic foundation for auditing; linkages among governance, risk management and assurance; and
essential attributes of auditing such as independence.

ACG 6695 Computer Assurance and Control.
Credits: 2; Prereq: ACG 5637; 7AC standing.
Concepts of risk, control, and assurance in environments with advanced information technology. Technology based audit
tools and techniques.


2008-2009 Student Handbook 8/1/2008







3/2 (B.S.Ac./M.Acc.) Program


ACG 6888 Foundations of Measurement.
Credits: 2; Prereq: graduate standing.
Foundations of measurement: whether measure exists, uniqueness properties if it does exist, and implementation issues.
Measures of income, of value, of preference, and of risk.

ACG 6905 Individual Work in Accounting.
Credits: 1-4; max: 7; Prereq: approval of graduate coordinator.
Reading and research in areas of accounting.

ACG 6935 Special Topics in Accounting.
Credits: 1-4; max: 8; Prereq: consent of associate director.

ACG 6940 Supervised Teaching.
Credits: 1-5; max: 5; S/U.

TAX 5005 Introduction to Federal Income Taxation.
Credits: 3; Prereq: "C" grade or better inACG 3482C. 'AC' standing
Concepts and applications for all types of taxpayers. Influence of taxation on economic decisions, basic statutory
provisions relevant to determining taxable gross income, allowable deductions, tax computations, recognition or
nonrecognition of gains and losses on property transactions, and characterization of gains and losses.

TAX 5065 Tax Professional Research.
Credits: 2; Prereq: TAX 5005; 7AC standing.
Use of professional tax literature and technology for problem solving. Case-based to provide experience in dealing with
unstructured situations encountered in professional tax practice. Both problem identification and resolution emphasized.

TAX 6015 Taxation of Business Entities I.
Credits: 2; Prereq: TAX 5065; 7AC standing.
First of three-course sequence examining taxation of corporations, S corporations, partnerships, and other business entities.
Emphasizes tax planning and comparisons of taxation across entity forms, in addition to basic taxation of business entities.

TAX 6016 Taxation of Business Entities II.
Credits: 2; Prereq: TAX 6015; 7AC standing.
Continuation of TAX 6015.

TAX 6017 Taxation of Business Entities III.
Credits: 2; Prereq: TAX 6016; 7AC standing.
Continuation of TAX 6016.

TAX 6526 Advanced International Taxation.
Credits: 2; Prereq: TAX 5065; 7AC standing.
Expansion of introduction to international tax, addressing more complex concepts encountered by U.S. multinationals
operating abroad. U.S. taxation of foreign persons with U.S. activities included.

TAX 6726 Executive Tax Planning.
Credits: 2; Prereq: TAX 5065; 7AC standing.
Unique economic and tax planning scenarios faced by highly compensated executives throughout their working lives and
as they face retirement and death.

TAX 6877 Multijurisdictional Taxation.
Credits: 2; Prereq: TAX 5065; 7AC standing.
Tax issues involved whenbusiness enterprises operate in multiple taxing jurisdictions. Principles of both multi-state and
international income taxation (and their overlap).


2008-2009 Student Handbook 8/1/2008






3/2 (M.Acc./B.S.Ac.) Program


3/2 PROGRAM DROP POLICIES

Students in the 3/2 program will be allowed two drops once enrolled in the 3/2 program. The number
of drops available is reduced to one if a student has taken two drops after having completed 60
semester credit hours at the University of Florida (prior to entering the 3/2 program).

1. The policy is intended to cover legitimate causes. They are not free drops and students
should exercise judgment in using the drop allowance.

2. All drops become part of the student's official record with the School and will be recorded
on the student's official transcript ("W").

3. Withdrawal in any term (Fall, Spring or Summer) is counted as one drop for the purpose of
applying the two-drop policy.

4. All other drop requests must be acted upon by the Associate Director as advised by the
Petitions Committee. The Committee will be very strict in considering such requests and
will not approve drops for reasons that are not beyond the student's control.

5. When enrollment becomes a constraint, students who drop accounting courses will have the
lowest priority for enrolling in the same course in following semesters (whether or not they
successfully register for the course during advanced registration).

Submitting a Drop Request Prior to the Published Deadline

1. Pick up a drop form and a Schedule Change Form from the Fisher School. The drop form
may also be downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp.

2. Complete the drop form and obtain the signature of the course instructor.

3. Return the signed forms to the Fisher School for its approval and signature.

4. Pick up the Schedule Change Form and take it to the Graduate School for its approval (106
Grinter Hall).

5. Submit the Schedule Change Form to the Office of the Registrar (222 Criser Hall). It is the
responsibility of the student, not the Fisher School, to submit the Schedule Change Form to
the Office of the Registrar.

Drop Requests After the Published Deadline

After the last day to drop by College petition (as published each semester in the Schedule of
Courses) all drop/add petitions must be presented to the University of Florida Committee on Student
Petitions. Such petitions should be presented to the Office of the Registrar (222 Criser Hall) for
referral to that Committee.


2008-2009 Student Handbook 8/1/2008






3/2 (M.Acc./B.S.Ac.) Program


UNSATISFACTORY PERFORMANCE

Students who do not make satisfactory academic progress will be excluded from the graduate
accounting program. In addition to Graduate School policies concerning unsatisfactory
performance, the School will exclude students from the accounting program for each of the
following reasons:

1. The student earns two grades below "B" in accounting courses numbered 5000 and above
regardless of whether the student was in the Fisher School of Accounting at the time they
earned those grades.

2. The student's accounting grade point average, calculated on all attempts of all accounting
courses (taken as a graduate student), falls below 3.0 and remains there after one subsequent
term of enrollment.

3. The student's graduate accounting grade point average, calculated on all attempts of all
required graduate accounting courses numbered 5000 and above (taken as a graduate
student), falls below 3.0 and remains there after one subsequent term of enrollment.

4. The student's graduate grade point average (for all graduate courses taken as a graduate
student) falls below a 3.0 and remains there after one subsequent term of enrollment.

5. The student's cumulative grade point average (for all courses taken as a graduate student)
falls below 3.0 and then remains there after one subsequent term of enrollment.

6. The student withdraws from the University three times after admission into the Fisher School
of Accounting.

7. The student fails to complete a required accounting course for two consecutive semesters of
enrollment.

8. For purposes of all of the above policies, the following rules apply to the definition of a term:
a.) Any term for which a student registers for courses at the University of Florida counts
as a term of enrollment, even if the student subsequently withdraws from the term
(after the drop/add period).
b.) Summer registration is viewed as registration for one term, (e.g., whether a student
registers for Summer A alone, or registers for Summer A and Summer B and C, the
student is considered to have registered for one term).

9. Refer to the University undergraduate catalog (www.registrar.ufl.edu/catalog) for a
discussion on grade point average computations.

GRADUATION

Application for Graduation

1. Each student should plan to see an advisor in the term prior to the semester of planned
graduation to confirm that all degree requirements will be met pending the successful
completion of the remaining plan of study. Graduation checks can not be done during the
week of drop/add.


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3/2 (M.Acc./B.S.Ac.) Program


2. It is the student's responsibility to apply for graduation at Criser Hall. The deadline for
submitting applications is published in the Office of the University Registrar's academic
calendar (http://www.registrar.ufl.edu). Failure to submit a timely application may prevent
graduation.

3. Students must register for at least three credits (of acceptable coursework for a graduate
student) in the term in which the degree will be awarded. Finishing an incomplete grade
from a prior term does not by itself satisfy this requirement.

Minimum Requirements for Degree Certification

To graduate with a B.S.Ac. and M.Acc. degrees, a student must:

1. Have satisfactorily completed 150 semester hours of the prescribed coursework (see 3/2
Program Curriculum on page 26). The following minimum hours must have been met while
classified as a graduate student (7AC) in order to be awarded the M.Acc. degree.

a.) A minimum of 34 total semester hours of coursework

1. Junior/senior level accounting courses do not count in these hours.
2. Freshman/sophomore courses do not count in these hours.
3. Courses in which the student earned a grade less than "C" do not count in
these hours.

b.) A minimum of 28 hours of graduate level coursework.
c.) A minimum of 18 hours of graduate level accounting coursework.

2. In addition, the student must maintain a 3.0 GPA calculated for each of the following:

a.) All courses completed as a graduate student.
b.) All graduate courses (numbered 5000 and above) completed as a graduate student.
c.) All accounting courses (numbered 3000 and above) completed as a graduate student.
d.) All graduate accounting courses (numbered 5000 and above) completed as a graduate
student.

3. For purposes of computing the GPAs referred to above the following apply:

a.) If a course is repeated after an initial grade of"C" or better (for courses below 5000
level) or "B" or better (for courses above 4000 level) was earned in the course then
the repeat grade and hours will not be included in the University of Florida grade
point average.
b.) Except for (a) above, all attempts of all courses are included in the computation.
This means that a repeated course is included as many times as grades for it were
recorded.


2008-2009 Student Handbook 8/1/2008






3/2 (M.Acc./B.S.Ac.) Program


HONORS AND HIGH HONORS

Graduating with Honors

Outstanding performance for the Bachelor of Science degree is recognized by the designation of
cum laude, magna cum laude and summa cum laude. The requirements for such honors are as
follows:

Cum laude Minimum 3.2 GPA in all attempts of major course work. In addition, the
student must earn a minimum 3.2 GPA in all attempts of junior/senior level course work.

Magna cum laude Minimum 3.6 GPA in all attempts of major course work. In addition,
the student must earn a minimum 3.6 GPA in all attempts ofjunior/senior level course work.

Summa cum laude Minimum 3.8 GPA in all attempts of major coursework. In addition,
the student must earn a minimum 3.8 GPA in all attempts ofjunior/senior level course work.

Only course work taken at UF will be included in these computations. Major course work
shall include the six required accounting courses. Junior/senior level course work shall
include all course work in excess of 60 semester hours.

To receive magna cum laude or summa cum laude recognition, the student must submit a thesis.
The thesis must be accompanied by an abstract. The thesis requirement may be fulfilled by
submitting a paper completed in a graduate level accounting course.


2008-2009 Student Handbook 8/1/2008







THE M.Acc. PROGRAM
(AFTER COMPLETION OF THE B.S.Ac.)

The M.Acc. program (after completion of the B.S.Ac.) is designed primarily for students who have
completed their undergraduate work at another institution and now want to attend the Fisher School
of Accounting for their graduate work. University of Florida students who want to earn their M.Acc.
degree should plan on entering the 3/2 program. Students interested in the J.D./M.Acc. joint degree
program should see page 46.

ADMISSION REQUIREMENTS FOR THE M.Acc. PROGRAM

Submitting an Application

Graduate applications are filed through the University of Florida's Admissions Office. An
application package (including required recommendation forms) is available at the Fisher School of
Accounting. Online applications and required forms are available through the FSOA web site at
http://www.cba.ufl.edu/fsoa.

Minimum Standards for Entry to the M.Acc. Program Applicant Pool

The minimum standards which must be met before a student will be considered for admission into
the graduate program are the following:

1. GPA of at least 3.0 calculated on all junior/senior level coursework (courses taken after the
student reaches 60 hours).

2. A GPA of at least 3.0 for all accounting courses numbered 3000 and above
a.) Students without a undergraduate degree in accounting must have, at a minimum, completed the
equivalent of ACG 3481, ACG 3482C, ACG4133C, and ACG4352C to be considered for
admission (if admitted, the student will still have to satisfy all unmet preparatory course
requirements listed on page 40 prior to earning the M.Acc. degree).
b.) Once a student has earned a "C" grade in any accounting course, repeat attempts for the same
course will not be computed in the student's accounting GPA, if the repeat grade is higher than a
"C".

3. A total score (for verbal and quantitative sections) of 550 or more on the GMAT exam or
1200 or more on the GRE exam.

4. Foreign students who are not exempt under university guidelines must complete the TOEFL
(Test of English as a Foreign Language). The minimum required score depends upon the
version of the exam that is completed.

Exam Format Total Sect. 1 (Listening) Sec. 2 (Writing) Sec. 3 (Reading) Sec. 4 (Speaking)
Computer-based 230 25 22 21 N/A
Paper-based 570 60 55 55 N/A
Internet-based 86 26 17 20 23

5. Submit 3 letters of recommendation attesting to the applicant's likelihood of success in
graduate studies.


2008-2009 Student Handbook 8/1/2008






M.Acc. Program


Policies Relating to M.Acc. Program Admissions

The above represent minimum standards for eligibility. Meeting the minimum standards does not
guarantee admission to the M.Acc. program. Admission is selective. The student's total record,
including past academic performance, will be considered. Special admissions will only be
considered where a student has a genuinely outstanding admissions test score or undergraduate
record, or has other unique qualifications that are considered to offset a minor deficiency in one of
the eligibility standards.

POLICIES AND PROCEDURES RELATING
TO NEWLY ADMITTED M.Acc. PROGRAM GRADUATE STUDENTS

Subscribe to the FSOA Mail List:

The primary means by which the school will communicate announcements, events, changes in
course offering, or other important information is via e-mail. Students who are admitted to the
School should log onto www.cba.ufl.edu/fsoa/myfsoa and subscribe to the FSOA mail list to ensure
that they receive notices from the School in a timely manner. Weekly announcements are distributed
only by email. Back issues will be maintained for a short period on the school's website.

Computer Requirement

All University of Florida students are expected to own a computer. Minimum and recommended
computer standards can be found at http://www.cba.ufl.edu/dmbtc/students/computerrequirements.asp.

Preparatory Coursework

Because each institution has its own undergraduate degree requirements, it is usually the case that
some preparatory courses required by the Fisher School of Accounting have not been met.
Frequently, the deficiencies are in accounting and communications courses. These courses, and any
other unmet preparatory courses for the M.Acc. program, must be completed prior to being awarded
a Master of Accounting degree. In certain instances, these courses are prerequisites for M.Acc.
course requirements and can lengthen the time to graduation. Preparatory courses may be taken at
other institutions prior to enrollment at the University of Florida. However, students must complete
a course substitution form establishing that the course taken is equivalent to the required Fisher
School preparatory course. For a complete list of preparatory courses, refer to page 40.

Submitting a Course Substitution Form

Students transferring into the Fisher School from other institutions will need to complete substitution
forms for all preparatory requirements not accepted by the Associate Director. These forms may be
obtained from the Fisher School of Accounting office (GER 210) or downloaded at
http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp. Failure to do so may result in the student being
dropped from a subsequent course. The substitution process is as follows:

Complete the blue course substitution form.
1. Attach a photo-copy of the course description and a course syllabus from the transferring
institution.
2. Attach a photo-copy of the accreditation statement from the school where you took the class-
usually found in the front of the catalog. (Not necessary for nationally known schools or a 'State'
University).
3. Submit this form when completed, with attachments, to the Fisher School of Accounting front desk.
2008-2009 Student Handbook 8/1/2008 35






M.Acc. Program


Student Academic Support System (SASS)

It is the student's responsibility to be aware of their academic requirements. Students are
encouraged to log onto http://www.isis.ufl.edu each semester to view their degree audit. This audit
lists all degree requirements for their particular program and indicates whether or not the student has
met each requirement. Students should pay close attention to these audits and should, at a minimum,
seek assistance from the appropriate advisor in the term prior to the semester in which they plan to
graduate if they have any questions about their SASS audit. Failure to do so may delay graduation.

Academic Advising

Students transferring to the M.Acc. program from other institutions should make an appointment to
meet with the Associate Director in order to complete a M.Acc. preparatory checklist and establish
the acceptability of the student's preparatory coursework. For a copy of this list, see page 40. The
Associate Director is also available for counseling on an appointment basis at the School's
administrative office (GER 210). All students are advised to seek guidance well in advance of
registration periods.

Transferred Credit

Only in very limited circumstances may credits taken elsewhere be counted towards the 34 hour
M.Acc. requirement, and in no case may more than two courses be transferred. These courses will
not count towards fulfilling the student's graduate accounting core or graduate accounting
elective requirements. In order to have credits transfer:

1. The transferred credits must be in graduate-level coursework.
2. The student must have had a 3.0 GPA at the time of completion.
3. The student must have received a grade of "B" or better in each course.
4. The credit hours earned must have been in addition to the student's total undergraduate hour
degree requirement.
5. The acceptance of the transferred credit is subject to Graduate School approval.

Business Core Degree Requirements Taken At Other Institutions Prior to Admission

If a student has an approved substitution for a M.Acc. required business or communications course
(such as BUL 5832 or MAN 5246), then the student need not repeat the course at the Fisher School.
However, if the associated credits did not transfer under the guidelines stated previously, then the
student must replace the credit hours in order to meet the 34 hour degree requirement.

The following guidelines apply to the selection of a replacement course:

1. The student must first replace the hours with any unmet preparatory graduate accounting coursework.

2. The student may next replace the hours with any unmet preparatory business or communication
course level 3000 or above.

3. Any remaining unmet hours may be fulfilled by any course which meets the definition of an
approved elective. See page 39.


2008-2009 Student Handbook 8/1/2008






M.Acc. Program


Courses from Other Institutions after Admission

Once a student has been admitted into the Fisher School of Accounting, the student may not take
any additional accounting or business core coursework at other institutions.

Mailboxes

All Master of Accounting students have a mailbox located inside the Student Commons Room
(GER 114A). It is the student's responsibility to check their mailbox at least once a week for
correspondence from the Fisher School of Accounting.

Graduate Minors and Concurrent Graduate Degrees

Graduate students may complete graduate minors or be enrolled in concurrent graduate degree
programs. For additional information visit the Graduate School catalog at
http://gradschool.rgp.ufl.edu/students/catalog.html.

Graduate accounting students are encouraged to complete a graduate minor in Decision Information
Sciences. The graduate DIS minor is jointly offered by the Fisher School of Accounting and the
department of Decision and Information Sciences. The minor requires the selection of specific
graduate auditing courses and the completion often credits of coursework in Information Sciences.
Four of these hours fulfill the approved elective requirement of the M.Acc program. With proper
planning, the minor in DIS and the M.Acc. degree can be earned in as few as forty credit hours. For
additional details, visit http://www.cba.ufl.edu/fsoa/myfsoa.


Petition to Waive School Policies

Any request to waive the policies of the School requires submission of a petition form to the
Associate Director. The forms may be obtained from the school office (GER 210) or may be
downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp. Until a School decision is made,
students should not operate under any presumption that the petition will be approved. If a student
wishes to appeal the decision of the Associate Director, he or she should request that the denied
petition be submitted to the Petitions Committee.

Students should be aware of the importance of submitting documentary evidence to support petitions,
and that events or circumstances beyond the student's control are generally necessary for the waiver of a
School policy. Petitions on matters outside the School's jurisdiction are considered by the University's
Petitions Committee which operates through the Dean of Students Office (202 Peabody Hall).


2008-2009 Student Handbook 8/1/2008






M.Acc. Program


GRADUATE REGISTRATION

Registration

Students register for courses through the ISIS portal located at http://www.isis.ufl.edu. ISIS
provides students with information regarding the registration process, the University Schedule of
Courses, the academic calendar, and class meeting times. Students are forewarned to exercise
caution in registering for modular courses. To facilitate the modular format, ISIS will not prevent
students from enrolling in two, or more, courses that meet at the same time. Students are responsible
for ensuring that course conflicts do not exist. Because electronic platform courses (the
undergraduate business core) may be viewed by a variety of media options, these courses may
conflict with other courses.

Module Courses

Modular courses are courses that meet for one half of the semester. The fall semester is divided into
two modules with module one meeting the first half of the semester and module two meeting the
second half of the term. Similarly, the spring semester is divided into module three and module four.
All courses in the graduate program (except ACG5637, TAX5005, and ENC5236) follow the
modular format. The University Schedule of Courses does not provide module course offerings.
This information can be viewed by visiting MyFSOA at http://www.cba.ufl.edu/fsoa/myfsoa.


Minimum and Maximum Loads

1. Twelve hours is considered an average course load.

2. The maximum load per term is fifteen credits. Students may exceed this maximum only with
the permission of the Associate Director.


Registration for Independent Study

This course is restricted to graduate students who are currently meeting all GPA requirements for
graduation, and who have obtained approval for registration from both the supervising faculty
member and the Associate Director. It is not available to graduate students attempting to
restore GPA deficits.

Registration at Other Institutions or for Correspondence Courses

1. Courses may not be taken by correspondence.

2. Required courses (in accounting and supporting fields) may not be taken outside of the
University of Florida. No exceptions to this policy are permitted.

3. Registration for any other courses requires the approval of the Associate Director.


2008-2009 Student Handbook 8/1/2008






M.Acc. Program


S/U Grade Option

Courses taken for M.Acc. degree credit may not be taken using the S/U grade option.


Approved Elective

The M.Acc. program requires the completion of 4 credits of approved elective modules. The
electives are designed to enhance the student's graduate plan of study by allowing him/her to further
explore an academic area of interest relating to his/her career goals. Each semester, the school will
post on its website a list of graduate courses that are available for the forthcoming semester that will
satisfy the approved elective requirements. For courses not listed, students may submit a petition to
the Fisher School requesting its approval. The petition should clearly state how the proposed course
will enhance the student's program of graduate studies.

All of the following procedures apply when selecting an approved elective:

1. The elective must be taken as a 7AC (graduate classification).

2. The course must be at least a 5000 level course.

3. The course may not be an introductory course (i.e., it must have a junior/senior level
prerequisite from the same discipline which the student has successfully completed).

4. The course may not be an accounting course.

5. The course may not, in substance, be duplicative of a course the student has already
completed.


The Finance Requirement

Students are required to complete a minimum two credit graduate approved finance module. Courses
that satisfy this requirement are published with the listing of approved electives on the School's
website. The finance requirement is separate from the approved elective requirement. However,
upon completing the finance requirement, if a student completes additional graduate finance
modules, these may be used to help fulfill the approved elective requirement.


Drop/Add Period During the First Week of Classes

The University calendar specifies the length and specific timing of the drop/add period for each term.
This period provides an opportunity for students to modify their schedule during the first few days of
the semester. Every effort should be made to complete registration well in advance of drop/add.
Students who were unable to register for an accounting course required to remain on track because of
circumstances beyond his/her control should go to 210 GER for assistance. Students simply seeking
to change the section of a course they already have must use ISIS to adjust his/her schedule.


2008-2009 Student Handbook 8/1/2008






M.Acc. Program


Preparatory Courses Required for the M.Acc. Program

1. Students who have earned a Bachelor's degree, or academic credit, from institutions other
than the Fisher School of Accounting must complete the following preparatory courses prior
to starting M.Acc. coursework.

2. Students must meet with the graduate advisor to establish that courses taken at other
institutions meet the requirements of the Fisher School. Courses deemed not to be equivalent
must be satisfactorily completed at the Fisher School. With limited exceptions, these courses
do not count towards the 34-semester-hour requirement for the M.Acc. degree.

3. Note that courses taken as part of professional certificate programs, continuing professional
education, or on a noncredit basis do not fulfill preparatory course requirements.



2005 Preparatory Course Checklist for the M.Acc. Degree Program

ACG 2021C Intro to Financial Accounting
MAC 2233 Survey of Calculus 1
MAC 2234 Survey of Calculus 2
ECO 2013 Principles of Macroeconomics
ECO 2023 Principles of Microeconomics
CGS 2531 Problem Solving Using Computer Software
ACG 3481 Accounting Information & Business Processes 1
ACG 3482C Accounting Information & Business Processes 2
ACG 4133C Financial Accounting
ACG 4352C Cost and Managerial Accounting
TAX 5005 Federal Income Taxation
ACG 5637 Auditing 1
MAR 3023 Principles of Marketing

QMB 3250 Statistics for Business Decisions
FIN 3403 Business Finance
MAN 4504 Operations/Supply Chain Management
BUL 4310 Legal Environment of Business
SPC 2600 Public Speaking (or ORI2000, AEE3030C, GEB3218)



M.Acc. Program
2008-2009 Student Handbook 8/1/2008 40








CURRICULUM

The following assumes successful completion of all preparatory coursework.

Required Accounting Coursework:
ACG 5226 Mergers and Acquisitions & Consolidated Statements 2
ACG 5815 Accounting Institutions & Professional Literature 2
TAX 5065 Tax Professional Research 2
6
and 12 hours to be selected from the following:
ACG 5505 Financial Rep. for Govt. & Not-for-Profit 2


ACG 6136
ACG 6207
ACG 6255
ACG 6387
ACG 6635
ACG 6657
ACG 6695
ACG 6888
TAX 6015
TAX 6016
TAX 6017
TAX 6526
TAX 6726
TAX 6877


Organizations
Accounting Concepts and Financial Reports
Accounting Issues in Financial Risk Management
International Accounting Issues
Strategic Costing
Issues in Audit Practice
Auditing and Corporate Governance
Computer Assurance and Control
Foundations of Measurement
Taxation of Business Entities I
Taxation of Business Entities II
Taxation of Business Entities III
Advanced International Taxation
Executive Tax Planning
Multijurisdictional Taxation


and Required Business Core Coursework:
MAN 5246 Organizational Behavior
MAN 6724 Strategic Management
BUL 5832 Commercial Law for Accountants
FIN xxxx Graduate Approved Finance Module
ENC 5236 Advanced Business Writing for Accounting


and Required Approved Electives

Total


2008-2009 Student Handbook 8/1/2008








Master of Accounting (M.Acc.) Program


SUGGESTED COURSE SEQUENCING

The following assumes successful completion of all preparatory coursework.


Credit
Semester 1: SUMMER Hours

ACG 5226 Mergers and Acquis. and Consolid. Statem. 2
ACG 5815 Accounting Inst. and Profess. Literature 2
TAX 5065 Tax Professional Research 2
ENC 5236 Advanced Business Writing for Accounting 4
10
Semester 2: FALL

ACG or TAX 6XXX 2
ACG or TAX 6XXX 2
ACG or TAX 6XXX 2
BUL 5832 Commercial Law for Accountants 2
MAN 5246 Organizational Behavior 2
6000 Level Approved Elective* 2
12
Semester 3: SPRING

ACG or TAX 6XXX 2
ACG or TAX 6XXX 2
ACG or TAX 6XXX 2
FIN XXXX 2
MAN 6724 Strategic Management 2
6000 Level Approved Elective* 2
12


PREREQUISITES

ACG 4133C "C" 7AC Standing
ACG4133C "C" ACG 5637 "C" 7AC Standing
TAX 5005 "C" 7AC Standing
Two completed English courses



Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
BUL 4310 "D" 7AC Standing
MAN 3025 "D" 7AC Standing
*Approved Electives



Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Completion of Business Core, 7AC Standing
*Approved Electives


Notes:


1. The course sequencing above assumes the
coursework.


student has successfully completed all preparatory


2. Summer offerings are always dependent upon the availability of funding from the Florida legislature.
Courses traditionally offered in the Summer are also offered in either the Fall or Spring semester.

3. Summer course offerings are scheduled at the discretion of the department offering the course and
may be scheduled in terms "A", "B" or "C".

*Altemative courses are available, see page 39.


2008-2009 Student Handbook 8/1 /2008






M.Acc. Program


GRADUATE DROP POLICIES

As a graduate student, one course may be dropped with the understanding that:

1. The policy is intended to cover legitimate causes. It is not a free drop and students should
exercise judgment in using the drop allowance.

2. The drop becomes part of the student's official record with the School and will be recorded
on the student's official transcript ("W").

3. Withdrawal in any term (Fall, Spring or Summer) will be counted as a drop for the purpose
of applying the one-drop policy.

4. All other drop requests must be acted upon by the Associate Director as advised by the
Petitions Committee. The Committee will be very strict in considering such requests and
will not approve drops for reasons that are not beyond the student's control.

5. When enrollment becomes a constraint, students who drop accounting courses will have the
lowest priority for enrolling in the same course in following semesters (whether or not they
successfully register for the course during advanced registration).


Submitting a Drop Request Prior to the Published Deadline

1. Pick up a drop form and a Schedule Change Form from the Fisher School. The drop form
may also be downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp.

2. Complete the drop form and obtain the signature of the course instructor.

3. Return the signed forms to the Fisher School for its approval and signature.

4. Pick up the Schedule Change Form and take it to the Graduate School for its approval (106
Grinter Hall).

5. Submit the Schedule Change Form to the Office of the Registrar (222 Criser Hall). It
is the responsibility of the student, not the Fisher School, to submit the Schedule
Change Form to the Office of the Registrar.


Drop Requests After the Published Deadline

After the last day to drop by College petition (as published each semester in the Schedule of
Courses) all drop/add petitions must be presented to the University of Florida Committee on Student
Petitions. Such petitions should be presented to the Office of the Registrar (222 Criser Hall) for
referral to that Committee.


2008-2009 Student Handbook 8/1/2008






M.Acc. Program


UNSATISFACTORY PERFORMANCE

Students who do not make satisfactory academic progress will be excluded from the graduate
accounting program. In addition to Graduate School policies concerning unsatisfactory
performance, the School will exclude students from the accounting program for each of the
following reasons:

1. The student earns two grades below "B" in accounting courses numbered 5000 and above
regardless of whether the student was in the Fisher School of Accounting at the time they
earned those grades.

2. The student's accounting grade point average, calculated on all attempts of all accounting
courses (taken as a graduate student), falls below 3.0 and remains there after one subsequent
term of enrollment.

3. The student's graduate accounting grade point average, calculated on all attempts of all
required graduate accounting courses numbered 5000 and above (taken as a graduate
student), falls below 3.0 and remains there after one subsequent term of enrollment.

4. The student's graduate grade point average (for all graduate courses taken as a graduate
student) falls below a 3.0 and remains there after one subsequent term of enrollment.

5. The student's cumulative grade point average (for all courses taken as a graduate student)
falls below 3.0 and then remains there after one subsequent term of enrollment.

6. The student withdraws from the University three times after admission into the Fisher School
of Accounting.

7. The student fails to complete a required accounting course for two consecutive semesters of
enrollment.

8. For purposes of all of the above policies, the following rules apply to the definition of a
term:
a.) Any term for which a student registers for courses at the University of Florida counts
as a term of enrollment, even if the student subsequently withdraws from the term
(after the drop/add period).
b.) Summer registration is viewed as registration for one term, (e.g., whether a student
registers for Summer A alone, or registers for Summer A and Summer B and C, the
student is considered to have registered for one term).

9. Refer to the University undergraduate catalog (www.registrar.ufl.edu/catalog.html) for a
discussion on grade point average computations.


2008-2009 Student Handbook 8/1/2008






M.Acc. Program


GRADUATION

Application for Graduation

1. Each student should plan to see an advisor in the term prior to the semester the student plans
to graduate to confirm that all degree requirements will be met pending the successful
completion of the remaining plan of study. Graduation checks can not be done during the
week of drop/add.

2. It is the student's responsibility to apply for graduation at Criser Hall. The deadline for
submitting applications is published in the Schedule of Courses. Failure to submit a timely
application may prevent graduation.

3. Students must register for at least three credits (of acceptable coursework for a graduate
student) in the term in which the degree will be awarded. Finishing an incomplete grade
from a prior term does not by itself satisfy this requirement.


Minimum Requirements for Degree Certification

To graduate with a M.Acc. degree, a student must:

1. Have satisfactorily completed all preparatory courses and the 34 semester hours of the
prescribed coursework (see pages 40 and 41). As a graduate student (7AC) a student must
have the following minimum hours in order to be awarded their M.Acc. degree.
a.) A minimum of 34 total semester hours of coursework
1. Junior/senior level accounting courses do not count in these hours.
2. Freshman/sophomore level courses do not count in these hours.
3. Courses in which the student earned a grade less than "C" do not count in
these hours.
b.) A minimum of 28 hours of graduate level coursework.
c.) A minimum of 18 hours of graduate level accounting coursework.

2. In addition, the student must maintain a 3.0 GPA calculated for each of the following:
a.) All courses completed as a graduate student.
b.) All graduate courses (numbered 5000 and above) completed as a graduate student.
c.) All accounting courses (numbered 3000 and above) completed as a graduate student.
d.) All graduate accounting courses (numbered 5000 and above) completed as a graduate
student.

3. For purposes of computing the GPAs referred to above the following apply:
a.) If a course is repeated after an initial grade of "C" or better (for courses below 5000
level) or "B" or better (for courses above 4000 level) was earned in the course, then
the repeat grade and hours will not be included in the University of Florida grade
point average.
b.) Except for (a) above, all attempts of all courses are included in the computation.
This means that a repeated course is included as many times as grades for it were
recorded.


2008-2009 Student Handbook 8/1/2008







JURIS DOCTOR/MASTER OF ACCOUNTING
(J.D./M.Acc.) JOINT PROGRAM

The joint degree program culminates in the joint awarding of the Juris Doctor (J.D.) and the Master
of Accounting (M.Acc.) degrees. The joint degree program is designed for students who have an
undergraduate degree in accounting and are interested in advanced studies in both accounting and
law. The joint degree program is open to students who have completed the equivalent of a major in
accounting at the undergraduate level.

The purpose of the program is to enable students to obtain both degrees in the most efficient manner
possible. The joint degree program requires 20 fewer credits than would be required if the two
degrees were earned separately. A student must satisfy the curriculum requirements for each degree.
However, because certain courses may be used in partial satisfaction of the requirements of both
degrees, the total hours required under the joint program is less than those that would be required if
the programs were pursued separately.

The M.Acc. Component

In addition to the completion of all preparatory coursework, the Fisher School of Accounting
requires completion of 34 semester hours of coursework in order to receive a M.Acc. degree. Under
the joint degree program, the Fisher School of Accounting will allow a maximum often credits of
appropriate law courses to be applied towards the M.Acc. degree and will allow some
communications course requirements to be met within the J.D. program. Application of the ten
credits and satisfaction of the communications requirements are contingent on successful
completion of the J.D. program. This means that a student who is admitted to the joint degree
program but does not complete the J.D. requirements must complete the separate M.Acc. degree
requirements including preparatory course work in order to earn that degree.

The J.D. Component

Reciprocally, the Levin College of Law will permit a maximum of ten credits taken in the Fisher
School of Accounting to be applied toward the J.D. degree. Two of these Fisher School of
Accounting courses will be treated as the two graduate courses ordinarily allowed to be taken
outside of the Levin College of Law for credit towards law school graduation. All accounting
courses accepted must be offered at the graduate level (i.e., must be numbered 5000 or higher). The
area requirements may be fulfilled only through law courses and no Fisher School of Accounting
courses can be utilized for such purpose.

Submitting a J.D./M.Acc. Application

Graduate applications are filed through the University of Florida's Admissions Office. An
application package (including required recommendation forms) is available at the Fisher School of
Accounting. Online applications and required forms are available through the FSOA web site at
http://www.cba.ufl.edu/fsoa.


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J.D./M.Acc. Program


ADMISSION REQUIREMENTS FOR THE
J.D./M.Acc. PROGRAM

Candidates for the program must meet the entrance requirements and follow the entrance procedures
for the Levin College of Law (J.D.) and Fisher School of Accounting (M.Acc.). Applications should
specify, for both units, that the student is applying for the joint program. Applicants must be
accepted concurrently by both the Levin College of Law and Fisher School of Accounting.

Beginning students in the Levin College of Law are accepted only in August and January. All
applicants for admission to the College of Law must hold (prior to beginning classes) a
baccalaureate degree from a qualified institution and a satisfactory score on the Law School
Admission Test (LSAT). The minimum acceptable score on the LSAT required for admission varies
with the total grade point average achieved by the applicant on all college work attempted by the
applicant prior to the receipt of the bachelor's degree. For further information, visit their website at
http://www.law.ufl.edu/.

Minimum Standards for Entry to the J.D./M.Acc. Program Applicant Pool

The minimum standards which must be met before a student will be considered for admission into
the Fisher School graduate program are the following:

1. An undergraduate GPA of at least 3.0 calculated on all junior/senior level coursework
(courses taken after the student reaches 60 hours.)

2. A GPA of at least 3.0 for all accounting courses numbered 3000 and above.

2. A total score (for verbal and quantitative sections) of 550 or more on the GMAT exam or
1200 or more on the GRE exam.

3. Foreign students who are not exempt under university guidelines must complete the TOEFL
(Test of English as a Foreign Language). The minimum required score depends upon the
version of the exam that is completed.

Exam Format Total Sect. 1 (Listening) Sec. 2 (Writing) Sec. 3 (Reading) Sec. 4 (Speaking)
Computer-based 230 25 22 21 N/A
Paper-based 570 60 55 55 N/A
Internet-based 86 26 17 20 23


Policies Relating to J.D./M.Acc. Program Admissions

1. The above represent minimum standards for eligibility. Meeting the minimum standards
does not guarantee admission to the M.Acc. program. Admission is selective. The student's
total record including past academic performance will be considered. Special admissions
will only be considered where a student has a genuinely outstanding admissions score or
undergraduate record, or has other unique qualifications, that are considered to offset a minor
deficiency in one of the eligibility standards.


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J.D./M.Acc. Program


2. Any student who participates in the joint degree program must have been accepted
concurrently in both disciplines and must begin coursework in both disciplines no later
than the beginning of the fourth academic term after commencement of study. Students
admitted to the Levin College of Law but electing to spend their first year in the Fisher
School of Accounting may enter the Levin College of Law thereafter without once again
qualifying for admission as long as they are in good academic standing in the Graduate
School and in the Fisher School of Accounting.

3. Students admitted to the M.Acc. degree program who elect to spend their first year in the
College of Law may enter the Fisher School of Accounting thereafter provided they remain
in good standing in the Levin College of Law and their study begins no later than the
beginning of the fourth academic term after commencement of study in the Levin College of
Law.

4. A student may take courses concurrently in both the Levin College of Law and the Fisher
School of Accounting except that the first two terms of law school (Fall-Spring, or Spring-
Summer) and the first term of Fisher School of Accounting coursework must be taken as
whole units.

5. Joint degree candidates who begin law studies in the Fall must complete the Fall and Spring
semester first-year required courses and complete the remaining five credits in the
immediately following Summer term or Fall semester. Those who begin law studies in the
Spring semester must complete the Spring and Summer required courses and complete the
nine credits required in the following Fall (the final two credits of the required first-year
curriculum are to be completed in the following Spring).

6. Students in the joint degree program will be subject to the standards of satisfactory
performance required for continuation in each of the degree programs.

7. Fisher School of Accounting courses which are to be applied toward the J.D. degree must
carry a grade of "B" or better and will not be counted in the Levin College of Law grade
point average. Levin College of Law courses which are to be applied toward the M.Acc.
degree must carry a grade of "C" or better and will not be counted in the Fisher School of
Accounting grade point average.

8. Students enrolled in thejoint program must be registered for a minimum of three hours in the
Graduate School during the term in which they graduate. The three hours of registration
must be in Graduate School courses, i.e. law school courses will not satisfy this requirement.


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J.D./M.Acc. Program


POLICIES AND PROCEDURES RELATING TO NEWLY
ADMITTED J.D./M.Acc. PROGRAM GRADUATE STUDENTS


Subscribe to the FSOA Mail List:

The primary means by which the school will communicate announcements, events, changes in
course offering, or other important information is via e-mail. Students who are admitted to the
School should log onto www.cba.ufl.edu/fsoa/myfsoa and subscribe to the FSOA mail list to ensure
that they receive notices from the School in a timely manner. Weekly announcements are distributed
only by email. Back issues will be maintained for a short period on the School's website.


Computer Requirement

All University of Florida students are expected to own a computer. Minimum and recommended
computer standards can be found at http://www.cba.ufl.edu/dmbtc/students/computerrequirements.asp.


Preparatory Coursework

Because each institution has its own undergraduate degree requirements, it is usually the case that
some preparatory courses required by the Fisher School of Accounting have not been met.
Frequently, the deficiencies are in accounting and communications courses. These courses, and
any other unmet preparatory courses for the J.D./M.Acc. program, must be completed prior to being
awarded a Master of Accounting degree. In certain instances, these courses are prerequisites for
J.D./M.Acc. course requirements and can lengthen the time to graduation. Preparatory courses may
be taken at other institutions prior to enrollment at the University of Florida. However, students
must complete a course substitution form establishing that the course taken is equivalent to the
required Fisher School preparatory course. For a complete list of preparatory courses, refer to page
54.


Academic Advising

Students transferring to the J.D./M.Acc. program from other institutions should make an
appointment to meet with the Associate Director in order to complete a J.D./M.Acc. preparatory
checklist and establish the acceptability of the student's preparatory coursework. The Associate
Director is also available for counseling on an appointment basis at the School's administrative
office (GER 210). All students are advised to seek guidance well in advance of registration periods.


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J.D./M.Acc. Program


Submitting a Course Substitution Form

Students transferring into the Fisher School from other institutions will need to complete substitution
forms for all preparatory requirements not accepted by the Associate Director. These forms may be
obtained from the Fisher School of Accounting office (GER 210) or downloaded at
http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp. Failure to do so may result in the student being
dropped from a subsequent course. The substitution process is as follows:

Complete the course substitution form.
1. Attach a photo-copy of the course description and a course syllabus from the transferring
institution.
2. Attach a photo-copy of the accreditation statement from the school where you took the
class-usually found in the front of the catalog. (Not necessary for nationally known schools
or a 'State' University).
3. Submit this form when completed, with attachments, to the Fisher School of Accounting
front desk.


Transferred Credit

Only in very limited circumstances may credits taken elsewhere be counted towards the 34 hour
M.Acc. requirement, and in no case may more than two courses be transferred. These courses will
not count towards fulfilling the student's graduate accounting core or graduate accounting
elective requirements. In order to have credits transfer:

1. The transferred credits must be in graduate level coursework.
2. The student must have had a 3.0 GPA at the time of completion.
3. The student must have received a grade of "B" or better in each course.
4. The credit hours earned must have been in addition to the minimum hours required to receive
their undergraduate degree.
5. The acceptance of the transferred credit is subject to Graduate School approval.


Business Core Degree Requirements Taken At Other Institutions Prior to Admission

If a student has an approved substitution for a M.Acc. required business or communications course,
then the student need not repeat the course at the Fisher School. However, if the associated credits
did not transfer under the guidelines stated above, then the student must still replace the credit hours
in order to meet degree requirements.

The following guidelines apply to the selection of a replacement course:

1. The student must first replace the hours with any unmet preparatory business or
communication course level 3000 or above.
2. Any remaining unmet hours may be fulfilled by any course which meets the definition of an
approved elective. See page 25.


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J.D./M.Acc. Program


Courses from Other Institutions after Admission

Once a student has been admitted into the Fisher School of Accounting, he/she may not take any
additional accounting or business core coursework at other institutions.


Petition to Waive School Policies

Any request to waive the policies of the School requires submission of a petition form to the
Associate Director. The forms may be obtained from the school office (GER 210) or may be
downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp. Until a School decision is made,
students should not operate under any presumption that the petition will be approved. If a student
wishes to appeal the decision of the Associate Director, he or she should request that the denied
petition be submitted to the Petitions Committee.

Students should be aware of the importance of submitting documentary evidence to support
petitions, and that events or circumstances beyond the student's control are generally necessary for
the waiver of a School policy. Petitions on matters outside the School's jurisdiction are considered
by the University's Petitions Committee which operates through the Dean of Students Office (202
Peabody Hall).
GRADUATE REGISTRATION

Registration

Students register for courses through the ISIS portal located at http://www.isis.ufl.edu. ISIS
provides students with information regarding the registration process, the University Schedule of
Courses, the academic calendar, and class meeting times. Students are forewarned to exercise
caution in registering for modular courses. To facilitate the modular format, ISIS will not prevent
students from enrolling in two, or more, courses that meet at the same time. Students are responsible
for ensuring that course conflicts do not exist. Because electronic platform courses (the
undergraduate business core) may be viewed online, these courses may conflict with other courses.

Module Courses

Modular courses are courses that meet for one half of the semester. The fall semester is divided into
two modules with module one meeting the first half of the semester and module two meeting the
second half of the term. Similarly, the spring semester is divided into module three and module four.
All courses in the graduate program (except ACG5637, TAX5005, and ENC5236) follow the
modular format. The University Schedule of Courses does not provide module course offerings. This
information can be viewed by visiting MyFSOA at http://www.cba.ufl.edu/fsoa/myfsoa.

Minimum and Maximum Loads

1. Twelve hours is considered an average course load.
2. The maximum load per term is fifteen credits. Students may exceed this maximum only with
the advance permission of the Associate Director.


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J.D./M.Acc. Program


Registration for Independent Study

This course is restricted to graduate students who are currently meeting all GPA requirements for
graduation, and who have obtained approval for registration from both the supervising faculty
member and the Associate Director. It is not available to graduate students attempting to
restore GPA deficits.


Registration at Other Institutions or for Correspondence Courses

1. Courses may not be taken by correspondence.
2. Required courses (in accounting and supporting fields) may not be taken outside of the
University of Florida. No exceptions to this policy are permitted.
3. Registration for any other courses requires the approval of the Associate Director.


S/U Grade Option

Courses taken for M.Acc. degree credit may not be taken using the S/U grade option.


The Finance Requirement

Students are required to complete a minimum two credit graduate approved finance module. Courses
that satisfy this requirement are published with the listing of approved electives on the School's
website.


Communications Requirement

Students in the J.D./M.Acc. joint program must meet the communications requirement for their
M.Acc. degree but may use law school courses towards the fulfillment of this requirement. The
communications requirements for the M.Acc. degree will be considered met by successful
completion of:
a.) Two credits of first year law coursework in appellate advocacy and research and writing
b.) A minimum of three credits of law seminars


Drop/Add Period During the First Week of Classes

The University calendar specifies the length and specific timing of the drop/add period for each term.
This period provides an opportunity for students to modify their schedule during the first few days of
the semester. Note that there is a different drop/add period for Modular Courses. This information
can be viewed by visiting http://www.cba.ufl.edu/fsoa/myfsoa. Every effort should be made to
complete registration well in advance of drop/add. Students who were unable to register for an
accounting course required to remain on track because of circumstances beyond his/her control
should go to 210 GER for assistance. Students simply seeking to change the section of a course they
already have must use ISIS to adjust his/her schedule.


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J.D./M.Acc. Program


Course Descriptions

For a description of preparatory courses, refer to the undergraduate catalog. For a description of
graduate degree requirements, refer to the graduate catalog.


Preparatory Courses Required for the J.D./M.Acc. Program

1. Students who have earned a Bachelor's degree, or academic credit, from institutions other than
the Fisher School of Accounting must complete the following preparatory courses prior to
starting J.D./M.Acc. coursework.

2. Students must meet with the graduate advisor to establish that courses taken at other
institutions meet the requirements of the Fisher School. Courses deemed not to be equivalent
must be satisfactorily completed at the Fisher School. With limited exceptions, these courses
do not count towards the 34-semester-hour requirement for the J.D./M.Acc. degree.

3. Note that courses taken as part of professional certificate programs, continuing professional
education, or on a noncredit basis do not fulfill preparatory course requirements.


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J.D./M.Acc. PROGRAM

Preparatory Course Checklist

ACG 2021C Intro to Financial Accounting
MAC 2233 Survey of Calculus 1
MAC 2234 Survey of Calculus 2
ECO 2013 Principles of Macroeconomics
ECO 2023 Principles of Microeconomics
CGS 2531 Problem Solving Using Computer Software
ACG 3481 Accounting Information & Business Processes 1
ACG 3482C Accounting Information & Business Processes 2
ACG 4133C Financial Accounting
ACG 4352C Cost and Managerial Accounting
TAX 5005 Federal Income Taxation
ACG 5637 Auditing 1
MAR 3023 Principles of Marketing

QMB 3250 Statistics for Business Decisions
FIN 3403 Business Finance
MAN 4504 Operations/Supply Chain Management
SPC 2600 Public Speaking (or ORI2000, AEE3030C, GEB3218)


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J.D./M.Acc. Program


M.ACC. CURRICULUM
WITHIN THE J.D./M.ACC. JOINT PROGRAM

The following assumes successful completion of all preparatory coursework.

Required Accounting Coursework:
ACG 5226 Mergers and Acquisitions & Consolidated Statements 2
ACG 5815 Accounting Institutions & Professional Literature 2
4
and 14 hours to be selected from the following:
ACG 5505 Financial Rep. for Govt. & Not-for-Profit 2
Organizations
ACG 6136 Accounting Concepts and Financial Reports 2
ACG 6207 Accounting Issues in Financial Risk Management 2
ACG 6255 International Accounting Issues 2
ACG 6387 Strategic Costing 2
ACG 6635 Issues in Audit Practice 2
ACG 6657 Auditing and Corporate Governance 2
ACG 6695 Computer Assurance and Control 2
ACG 6888 Foundations of Measurement 2
TAX 5065 Tax Professional Research 2
TAX 6015 Taxation of Business Entities I 2
TAX 6016 Taxation of Business Entities II 2
TAX 6017 Taxation of Business Entities III 2
TAX 6526 Advanced International Taxation 2
TAX 6726 Executive Tax Planning 2
TAX 6877 Multijurisdictional Taxation 2
14
18
and any combination of the courses below totaling 6 hours:
FIN xxxx Graduate Approved Finance Module(s) 2-4
MAN 5246 Organizational Behavior 2
MAN 6724 Strategic Management 2
6


and Law School Courses:
LAW 5000 Contracts 1 2
Commerical Law Courses 8

10

Total 34

Notes:
1. The 34 hours described above assumes completion of all preparatory coursework.

2. Students enrolled in the joint program must be registered for a minimum of three hours in
the graduate school during the term they graduate. The three hours of registration must be
in graduate school courses, i.e., law school courses will not satisfy this requirement.


2008-2009 Student Handbook 8/1/2008







SUGGESTED COURSE SEQUENCING J.D./M.Acc. PROGRAM



MASTER OF ACCOUNTING COMPONENT
Credit
Semester 1: SUMMER Hours PREREQUISITES


ACG 5226 Mergers and Acquis. and Consolid. Statem.
ACG 5815 Accounting Inst. and Profess. Literature

Semester 2: FALL

ACG or TAX 6XXX
ACG or TAX 6XXX
ACG or TAX 6XXX
ACG or TAX 6XXX
MAN 5246 Organizational Behavior


Semester 3: SPRING

ACG or TAX 6XXX
ACG or TAX 6XXX
ACG or TAX 6XXX
FIN XXXX


ACG 4133C "C" 7AC Standing
ACG4133C "C" ACG 5637 "C" 7AC Standing



Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
MAN 3025 "D" 7AC Standing


Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing
Depends on course selection, 7AC Standing


Law School Component of the J.D./M.Acc.


Last Semester


MAN 6724 Strategic Management

Total M.Acc. Component Hours


2 Completion of Business Core, 7AC Standing

24


Notes:


1. The course sequencing above assumes the student has successfully completed all
preparatory coursework.

2. Summer offerings are always dependent upon the availability of funding from the Florida
legislature. Courses traditionally offered in the Summer are also offered in either the Fall
or Spring semester.

3. Summer course offerings are scheduled at the discretion of the department offering the
course and may be scheduled in terms "A", "B" or "C".


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J.D./M.Acc. Program

GRADUATE DROP POLICY

As a graduate student, one course may be dropped with the understanding that:

1. The policy is intended to cover legitimate causes. It is not a free drop and students should
exercise judgment in using the drop allowance.

2. The drop becomes part of the student's official record with the School and will be recorded
on the student's official transcript ("W").

3. Withdrawal in any term (Fall, Spring or Summer) is counted as the student's drop for the
purpose of applying the one-drop policy.

4. All other drop requests must be acted upon by the Associate Director as advised by the
Petitions Committee. The Committee will be very strict in considering such requests and
will not approve drops for reasons that are not beyond the student's control.

5. When enrollment becomes a constraint, students who drop accounting courses will have the
lowest priority for enrolling in the same course in following semesters (whether or not they
successfully register for the course during advanced registration).

Submitting a Drop Request Prior to the Published Deadline

1. Pick up a drop form and a Schedule Change Form from the Fisher School. The drop form
may also be downloaded at http://www.cba.ufl.edu/fsoa/myfsoa/forms.asp.

2. Complete the drop form and obtain the signature of the course instructor.

3. Return the signed forms to the Fisher School for its approval and signature.

4. Pick up the Schedule Change Form and take it to the Graduate School for its approval (106
Grinter Hall).

5. Submit the Schedule Change Form to the Office of the Registrar (222 Criser Hall). It is the
responsibility of the student, not the Fisher School, to submit the Schedule Change Form to
the Office of the Registrar.

Drop Requests After the Published Deadline

After the last day to drop by College petition (as published each semester in the Schedule of
Courses) all drop/add petitions must be presented to the University of Florida Committee on Student
Petitions. Such petitions should be presented to the Office of the Registrar (222 Criser Hall) for
referral to that Committee.


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J.D./M.Acc. Program


UNSATISFACTORY PERFORMANCE

Students who do not make satisfactory academic progress will be excluded from the graduate
accounting program. In addition to Graduate School policies concerning unsatisfactory
performance, the School will exclude students from the accounting program for each of the
following reasons:

1. The student earns two grades below "B" in accounting courses numbered 5000 and above
regardless of whether the student was in the Fisher School of Accounting at the time they
earned those grades.

2. The student's accounting grade point average, calculated on all attempts of all accounting
courses (taken as a graduate student), falls below 3.0 and remains there after one subsequent
term of enrollment.

3. The student's cumulative grade point average (for all required courses other than Law
School courses taken as a graduate student) falls below 3.0 and then remains there after one
subsequent term of enrollment.

4. The student's graduate grade point average (for all graduate courses taken as a graduate
student) falls below a 3.0 and remains there after one subsequent term of enrollment.

5. The student's graduate accounting grade point average (for all accounting courses numbered
5000 and above and taken as a graduate student) falls below 3.0 and then remains there after
one subsequent term of enrollment.

6. The student withdraws from the University three times after admission into the Fisher School
of Accounting.

7. The student fails to complete a required accounting course for two consecutive semesters of
enrollment.

8. For purposes of all of the above policies, the following rules apply to the definition of a term:
a.) Any term for which a student registers for courses at the University of Florida counts
as a term of enrollment, even if the student subsequently withdraws from the term
(after the drop/add period).
b.) Summer registration is viewed as registration for one term, (e.g. whether a student
registers for Summer A alone, or registers for Summer A and Summer B and C, the
student is considered to have registered for one term).

9. Refer to the University undergraduate catalog (www.registrar.ufl.edu/catalog) for a
discussion on grade point average computations.

GRADUATION

Application for Graduation

1. Each student should plan to see an advisor in a term prior to the semester the student plans
to graduate to confirm that all degree requirements will be met pending the successful
completion of the remaining plan of study. Graduation checks can not be done during the
week of drop/add.


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J.D./M.Acc. Program


2. It is the student's responsibility to apply for graduation at Criser Hall. The deadline for
submitting applications is published in the Schedule of Courses. Failure to submit a timely
application may prevent graduation.

3. Students enrolled in thej oint program must be registered for a minimum of three hours in the
Graduate School during the term in which they graduate. The three hours of registration
must be in Graduate School courses, i.e. law school courses will not satisfy this requirement.
Finishing an incomplete grade from a prior term does not satisfy this requirement.

Minimum Requirements for Degree Certification

To graduate with a M.Acc. degree, a student must:

1. Have satisfactorily completed all preparatory coursework and the 34 semester hours of the
prescribed coursework (see JD/M.Acc. program curriculum on page 55). The student must
have completed the following minimum hours as a graduate student (7AC) in order to be
awarded their M.Acc. degree.
a.) A minimum of 34 total semester hours of coursework

1. Junior/senior level accounting courses do not count in these hours.
2. Freshman/sophomore level courses do not count in these hours.
3. Courses in which the student earned a grade less than "C" do not count in
these hours.

b.) A minimum of 24 hours of graduate level coursework.
c.) A minimum of 18 hours of graduate level accounting.

2. Completed all degree requirements to receive the JD degree.

3. In addition, the student must maintain a 3.0 GPA calculated on each of the following:
a.) All courses completed as a graduate student.
b.) All graduate courses (numbered 5000 and above) completed as a graduate student.
c.) All accounting courses (numbered 3000 and above) completed as a graduate student.
d.) All graduate accounting courses (numbered 5000 and above) completed as a graduate
student.

4. For purposes of computing the GPAs referred to above the following apply:
a.) If a course is repeated after an initial grade of"C" or better (for courses below 5000
level) and "B" or better (for courses above 4000 level) was earned in the course, then
the repeat grade and hours will not be included in the University of Florida grade
point average.
b.) Except for (a) above, all attempts of all courses are included in the computation.
This means that a repeated course is included as many times as grades for it were
recorded.


2008-2009 Student Handbook 8/1/2008







STUDENT SUPPORT SERVICES AND ORGANIZATIONS

CAREER DEVELOPMENT AND JOB PLACEMENT

Career Resource Center (http://www.crc.ufl.edu)

The Career Resource Center (CRC), located on the first floor of the J. Wayne Reitz Union, offers
comprehensive career services including individual and group counseling and testing, an extensive
career library, a wide variety of "career workshops" which teach essential job search skills, career-
related work experience opportunities, and on-campus recruiting activities. Each academic year the
CRC hosts more than 600 employers who conduct on-campus interviews. However, to secure such
an interview, the student must register and become part of the Center's student database. This is
done through the Gator CareerLink on-line recruiting system. The Center also sponsors Career
Showcase in the Fall and Spring semesters, plus several specialized career days throughout the year
to bring employers to campus to talk to students about full-time, co-op/internship, and part-time
opportunities. For students interested in gaining career related work experience prior to graduation,
the CRC provides Cooperative Education and Internship opportunities.

Best Practices Regarding Internship and Offering of Employment

Students often find the process of interviewing with companies for internships or permanent
employment frustrating and confusing. In an effort to provide students guidance, the Fisher School
of Accounting (FSOA) faculty, the FSOA Advisory Council, and employers developed the following
set of best practices. Students who are interested in interviewing with these firms should familiarize
themselves with the Best Practices.

Guidance for Employers Extending Offers for Internships or Permanent Employment
SWhen to Minimum Academic Earliest Offer Can Earliest Offer
SRecruit Requirements be Extended Can Expire
Summer Leadership Spring Completion of Business The day after Spring
rras ses Processes 1 & 2 (ACG3481 & Career Showcase April 15
Programs semester
ACG3482C) ends
Internships Fall Completion of Tax 1 & Auditing The day after Career December 12
rnships semester 1 (TAX5005 & ACG5637)1 Showcase ends2 De
Permanent Employment Immediately after the Employer
after completing an end of the internship3 discretion
internship3
Permanent Employment Minimum one year Employer
without an internship prior to graduation discretion

1Courses in process during fall recruiting but are complete prior to the start of the internship.
2For the limited number of students who recruit for an internship during Spring Career Showcase (e.g.,
completed tax and audit fall but did not receive an internship offer), offers for internships may not be extended
until the day after Spring Career Showcase ends, and the offer should not expire before April 15.
An internship that is in compliance with the Best Practices guidelines.

Best Practice 1: Establish early relationships with employers.

Students should begin to build relationships with members of the profession, and prospective
employers, well before graduation.

Employer sponsored Summer Leadership Programs (SLPs) are an excellent way to build
relationships with accounting firms. The programs are typically two to three day retreats where
students focus on learning about the culture of the profession including: team building, networking,
professionalism, etiquette, and client service.






SLPs are available to students who have completed Business Processes 1 and 2 (ACG3481 and
ACG3482C). Recruiting for SLPs takes place during the spring Career Showcase and typically
involves a full campus interview. Offers to attend SLPs may not be extended until the day after
spring Career Showcase ends, and the offer should not expire before April 15. Participation in SLPs
will not result in the offer of an internship or permanent employment. However, because those who
attend SLPs have established a relationship with a firm, the interview process for a future internship
or permanent employment with that firm may be shortened or eliminated.

Best Practice 2: Complete an accounting internship.

Students should be encouraged to complete an accounting internship.

The internship experience provides a student with the opportunity to apply the accounting concepts
he/she has studied in the classroom. It develops practical skills that will be required of entry-level
professionals that are not academic in nature and would otherwise consume valuable class time (e.g.,
what is the appropriate tax form to use? How are audit work papers prepared?). Finally, an
internship exposes the student to the culture of the profession and reinforces the importance of
communication and interpersonal skills.

Best Practice 3: Complete a single accounting internship.

Students should complete a single accounting internship.

As a state-supported and taxpayer-subsidized school, we are encouraged to graduate students in a
timely fashion. Due to limited course availability, multiple accounting internships can delay a
student's graduation. Internships are short and the tasks assigned to interns are basic. Therefore,
multiple accounting internships do little to enhance the student's skills beyond those skills developed
during the student's first internship experience. As a result, there is no noticeable increase in overall
performance in the classroom for those students who complete multiple internships.

Best Practice 4: Complete the internship after taking tax and auditing.

Students should not complete an accounting internship prior to having completed the first tax and
auditing courses (TAX5005 and ACG5637).

The academic value derived from an accounting internship is a function of applying existing
knowledge during his/her accounting internship. The most meaningful internship experience occurs
after the student has completed his/her first tax and first auditing courses (generally during the Fall
semester of the senior year). At that point, the student has the requisite knowledge to be a productive
member of the firm. Therefore, the second semester of the senior year (spring semester) becomes the
optimal time to complete an internship. Due to a high level of work during the first quarter of the
calendar year, spring internships in public accounting and industry give the student a true
representation of the typical workload experienced in the accounting profession. Summer internships
are also an option. Accounting internships before this point typically relegate students to clerical
roles that do little to add value upon the student's return to the classroom setting and may cause
frustration because the student is ill suited to complete the tasks he/she is assigned.

Best Practice 5: Search for an internship the fall of your senior year.

The best time for a student to actively recruit for an accounting internship is during the fall of the
student's senior year.


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For either spring or summer internships, recruiting efforts should be concentrated during the fall
semester while the student is enrolled in tax and auditing. Offers for internships may not be extended
until the end of fall Career Showcase, and the offer should not expire before December 1. For those
limited number of students who recruit for an internship during spring Career Showcase (e.g.,
completed tax and audit fall but did not receive an internship offer), offers for internships may not be
extended until the day after spring Career Showcase ends, and the offer should not expire before
April 15.

Because recruiting efforts on campus take place during school hours, students may need to miss
some classes, but prospective employers should provide alternative accommodations for interviews
or visits that conflict with exams. It is in the student's best interest that the amount of class time
missed because of recruiting be minimized.

Best Practice 6: When to expect an offer of permanent employment.

When offers of permanent employment should be extended by employers, or expected by the
student, depends upon the student's goals and whether or not he/she has completed an accounting
internship.

a. For the student who has completed an accounting internship during the spring or summer
semester of his/her senior year, an offer of permanent employment is best made immediately
upon the completion of the internship.

b. For the student who will not be completing an accounting internship, an offer of permanent
employment is best made no earlier than one year prior to the student's expected graduation
date.

Following this practice sends a clear signal to the student about his/her prospects for permanent
employment, and allows those not receiving offers ample time to continue their search. Because of
the historic high student attrition rates of top-tier accounting programs, extending offers of
permanent employment prior to the recommended dates run a significant risk by investing firm
resources in a student who may not successfully complete the accounting program. These timelines
provide reasonable assurance that employers have made an offer to a student who has completed
sufficient academic coursework to be able to successfully complete the duties required of an entry-
level staff accountant.

Best Practice 7: Encourage students to complete their education at UF.

Firms recruiting accounting students in our accounting program should encourage them to complete
their fifth-year of accounting education on the University of Florida campus.

Most students on internship are enrolled in our combined 3/2 program. Students in this program
receive concurrently a Bachelor of Science degree in Accounting and a Master of Accounting degree
upon successful completion of the 150 hour program of study. With most jurisdictions now requiring
150 credit hours to be eligible to practice as a CPA, this program is a very efficient way to meet all
requirements.

Firms under pressure to staff vacant positions sometimes suggest exiting from the 3/2 program at the
point of having earned the Bachelor of Science degree. The student is then encouraged to take their
remaining 30 credit hours needed to sit for the CPA examination in the evening while working on a
full-time basis. This plan delays the student's time frame to sit for the CPA examination. In addition,


2008-2009 Student Handbook 8/1/2008






the undergraduate component of the Fisher School's degree program is integrated with the graduate
plan of study and tends to be conceptual. Students who follow this path often find that other
academic programs (typically without the same national reputation and academic stature) will
require the student to retake undergraduate accounting courses already completed at the Fisher
School of Accounting in order to be eligible for admission to their fifth year program. Such
decisions typically extend the time and resources that need to be expended in order to be eligible to
sit for the CPA examination.

Best Practice 8: Encourage diversity.

Firms recruiting accounting students should staff their recruiting activities with representatives who
come from diverse backgrounds.

The University of Florida and the Fisher School of Accounting are committed to diversity in its
faculty, staff, and student population. Firms recruiting accounting students should make every effort
to ensure its representatives include ethnic and cultural diversity.

Wherever possible, students should be encouraged by employers to add breadth and diversity to their
academic experience by engaging in study abroad programs, completing academic minors in
languages, and completing other culturally-rich courses offered by the College of Liberal Arts and
Sciences.

Best Practice 9: Recruiters will follow the Best Practices guidelines.

Firms recruiting accounting students should staff their recruiting activities with representatives who
are familiar with the School's best practices guidelines.

Because of the national recruiting effort that is focused on the accounting students in our program,
large firms typically staff their recruiting events with representatives from human resources,
partners, managers, staff, and possibly students who have completed an accounting internship with
the firm. By its very nature such a group will have a vastly different degree of recruiting experience.
Compounding the problem is that the representatives usually come from a variety of locations, and
they may not be familiar with their own firm's recruiting practices, let alone the School's
recommended best practices. This tends to be particularly true for lower-level staff and student
interns who do not have sufficient experience to provide sound career advice yet may be perceived
by the student being recruited as speaking "for the firm" rather that merely conveying their personal
experience.

Best Practice 10: Encourage students to develop professionalism.

Firms recruiting accounting students should encourage students to be involved in activities that
develop: professionalism, communications skills, and interpersonal skills.

Firms that sell services depend upon effective communications and group-related activities for their
success. Participation in student organizations such as Beta Alpha Psi, the Fisher School of
Accounting Council, and other university and community organizations help develop these skills and
demonstrate a commitment to service. Without input from the firms, students frequently do not
realize the importance of engaging in these activities.


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STUDENT ORGANIZATIONS


Two accounting student organizations -- Beta Alpha Psi and the Fisher School of Accounting Council,
offer unique opportunities for Fisher School of Accounting students to develop leadership and
communication skills.

In addition, students are encouraged to participate in the professional business fraternities of Alpha Kappa
Psi, Delta Sigma Pi, and Phi Chi Theta and the Minority Business Society. Beta Gamma Sigma is a
national honorary society that fills the place in education for business that Phi Beta Kappa holds in the
field of classical education. For information on Beta Gamma Sigma and the professional business
fraternities, contact the Undergraduate Programs Office in the Warrington College of Business.


Beta Alpha Psi (http://www.cba.ufl.edu/fsoa/myfsoa/bap.asp)

This honorary accounting fraternity has 115 chapters nationally. The Upsilon Chapter of the
University of Florida was the 18th chapter to be founded (in 1938). Beta Alpha Psi accepts
applications for memberships every semester. Membership requirements include high ethical
standards and a minimum grade point average. Scholastic requirements in Beta Alpha Psi include:

Undergraduate:

1. Completion of at least 7 hours of junior/senior level (i.e., 3000 level or above) accounting
courses at the University of Florida with a cumulative 3.2 average in these courses.
2. A 3.0 cumulative average for all work completed in junior/senior level courses at the
University of Florida.

Graduate:

For purposes of Beta Alpha Psi membership, a graduate student is defined as a student who has
completed at least one 5000 level or higher accounting course.

1. A 3.1 cumulative average in accounting courses (i.e., 3000 level or above) completed at the
University of Florida.
2. A 3.0 cumulative average for all work completed in junior/senior level courses at the
University of Florida.

An active professional program is conducted by Beta Alpha Psi each year including guest speakers,
panel discussions, field trips, and other activities designed to promote professional awareness. Beta
Alpha Psi co-sponsors the University of Florida/Florida Institute of CPAs Graduate Accounting
Conference which attracts annually more than 200 accounting practitioners, and also co-sponsors the
School's Spring awards banquet.

Fisher School of Accounting Council
The Fisher School of Accounting Council (FSOAC), is part of the campus-wide Board of College
Councils. Student Government funds the FSOAC via the Board of College Councils through the
student activity fees. The Council serves as a liaison between the accounting students and faculty.
At the beginning of the Fall and Spring semesters, each junior/senior level accounting class selects a
student to represent them at FSOAC meetings and functions. All students accepted to the Fisher
School of Accounting are eligible to be non-voting members of the Council, and after attendance at
three consecutive meetings, are eligible for voting status. Students on the Council can participate on
a number of committees of their interest. Officers of the FSOAC are elected by the voting members
of the Council at the end of each semester and serve the following semester.


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The Council participates in many activities throughout the year including the School's Spring
awards banquet. The Council also presents professional programs to accounting students, often in
cooperation with Beta Alpha Psi. These programs expose students to accounting in public, private,
industrial and governmental practices.

Student Senate

The Fisher School of Accounting elects one senator to the UF Student Senate. The Student Senate
meets weekly to handle various student concerns and business matters, including the distribution of
student activity fees to campus organizations. The FSOA senator has many opportunities to be
involved in other student government activities.


FISHER SCHOOL OF ACCOUNTING AWARDS


The Fisher School of Accounting administers a number of awards and scholarships each year. The
awards generally are designated for students who are entering or have entered the Master of
Accounting program: most commonly, recipients are in the senior year of their undergraduate
studies. In late Fall, and again in the early part of the Spring term, announcements about financial
awards are made in the junior/senior level accounting classes.

Application Procedures

Students are directed to the Fisher School of Accounting website to download and complete an
application form to be considered for these awards. The deadline date for submission of these
applications is generally around mid-January. A faculty committee uses the application forms to
select the fellowship recipients.

Awards Administered by the School

The number, amount and source of awards from contributors varies each year. Academic
performance is emphasized in selecting recipients, with consideration also being given to service
activities. Some contributors specify particular criteria (e.g., county of residence) for their awards.
Generally, 20-40 awards are given, in amounts ranging from $1,000 to $3,000 (but most commonly
$2,000). The contributors are international, national and regional CPA firms, corporations, the
Florida Institute of CPAs, the Federation of Schools of Accounting, private foundations and
individuals. The recipients are announced during the Spring term at the awards banquet sponsored
by the Fisher School of Accounting Council and Beta Alpha Psi.

Nominations for External Awards

A faculty committee selects the School's nominees for a variety of externally administered awards.
These include the various leadership and service awards and competitive awards by organizations
such as the Florida Institute of CPAs.


2008-2009 Student Handbook 8/1/2008




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