2013_14 CourseChangesMemo_20130731.pdf

Summary of Course Content Changes 201314 Academic Year

June 2013 page 1 of 17

Course Code

Revision Status

First Session

Summary of Changes

AT1 Low 2 General changes More detail was provided on what is required reading in the

Ethics Readings Handbook. Exam preparation material was added to the introduction.

Assessments The assignments were re-sequenced.

Course-specific changes Topic 9.3: Reading 9-1 was deleted and the topic was adjusted. Review question 9-9 was deleted.

AU1 Medium 2 General changes The course material was updated to CICA Handbook

Assurance, Update 8. The course material was updated to the November 2012 version of CGA-Canada Public Practice Manual forms. Exam preparation material was added to the introduction.

Assessments The assessment pattern is unchanged.

Course-specific changes Topic 1.1: a discussion of SEC reporting deadlines was added under the statutory requirements section. Topic 1.5: updated for amendments to CAS 610. Topic 1.9: reservation was replaced with modification and unqualified opinion was replaced with unmodified opinion. Topic 2.4: further emphasis and clarification was added to the important aspects of the independence standard.



Course Code

Revision Status

First Session

Summary of Changes

AU2 Medium 2 General changes The course material was updated to standards in effect as of January 1, 2013. Exam preparation material was added to the introduction. The CGA-Canada Public Practice Manual forms were updated in the foundation review.

Assessments Assignment 1: one new multiple-choice question was added. Assignment 2: one new short case question was added. Assignment 3: no substantive changes Assignment 4: one new multiple-choice question and one new case question were added. Assignment 5: four new multiple-choice questions and one new short case question were added.

Course-specific changes Topic 1.1: Reading 1-1 was deleted. Topic 1.2: Reading 1-2 and Online article 1.2-1 were added. Topic 1.4: Reading 1-6 was deleted. Module 3: the term business-risk audit approach was replaced with the term strategic systems auditing." Topic 4.2: the IT governance discussion and Reading 4-4 were moved from Topic 10.2. Topic 5.4: Reading 5-3 was deleted. Topic 5.5: Online article 5.5-1 was deleted. Topic 6.6: Online article 6.6-1 was replaced. Topic 9.9: Reading 9-5 was updated. Topic 10.1: Online article 10.1-1 was added. Topic 10.2: the IT governance discussion and Reading 10-3 were moved to Topic 4.2. Topic 10.4: Reading 10-5 was deleted. Topic 10.5: a new topic on Proposed changes to the Independent Auditors Report and Online article 10.5-1 were added.

BC1 Reprint 1 No changes



Course Code

Revision Status

First Session

Summary of Changes

BC2 Medium 2 General changes Course material was updated to ASPE and CAS standards in effect as of January 1, 2013. Assignment 5: further clarification was added.

Assessments No changes to the assessments

CM1 Reprint 2 Course-specific changes The audio commentaries at the end of Topics 3.7, 4.2, 4.3, 6.1, 7.2, 8.5, and 10.2 are now strictly audio format. The visual component has been removed to accommodate technical compatibility issues. The online student resource site has changed. Although the publishers online site now supports the 5th edition of the Lannon text (the CM1 course uses the 4th edition of the text), the material used in the CM1 course is still applicable. A new Course ID has been issued with registration information in the introduction. All references made in the course material to the publishers online student resource site have been reviewed and revised to align with the new site.

CT3 Low 1 General changes The date in the URL for the data files was changed to 2013-14. Responded to feedback.

EM1 Low 2 General changes Some topics were changed from Level 1 to Level 2 and from Level 2 to Level 3.

Assessments In the two practice exams, the question order was changed to reflect the module order and to match the exams.

Course-specific changes Topics 4.5, 5.4, 9.4, and 10.2 were changed from Level 1 to Level 2. Topics 1.2 and 7.2 were changed from Level 2 to Level 3.

ERH Reprint 1 No changes FA1 Reprint 1 No changes



Course Code

Revision Status

First Session

Summary of Changes

FA2 Medium 1 General changes The course material was updated to standards in effect as of January 1, 2013. Exam preparation material was added to the introduction.

Assessments Assignment questions were rearranged between sessions to ensure that assignments differed from the previous year. Accpac requirements were removed from Assignment 2.

Course-specific changes Accpac was removed from the course. Financial statement titles were updated to align with IAS 1.10. Past exams were incorporated in the following topics:

o Topic 1.1: Quality of earnings o Topic 2.2: Presentation of the statement of profit or loss o Topic 2.6: Earnings per share o Topic 4.4: Revenue recognition by effort expended o Topic 8.3: Accounting for investments at amortized cost; held-to-maturity o Topic 10.4: Property, plant and equipment acquisition and subsequent depreciation

FA3 Medium 1 General changes The course material was updated to standards in effect as of January 1, 2013. Exam preparation material was added to the introduction.

Assessments Accpac requirements were removed from Assignment 2. Three sets of assignments were updated and questions were rearranged between sessions to ensure that assignments differed from the previous year.

Course-specific changes Module 7: pension costs and obligations were updated to the new IFRS standards. Accpac was removed from the course.



Course Code

Revision Status

First Session

Summary of Changes

FA4 High 1 General changes The scope of this revision was to update the currency course material to standards, restructure some of the module notes, restructure the assignments, and introduce a pilot assignment.

Assessments A new structure of assignment was introduced this year: Two of the previous years Assignments 1 were restructured and updated for financial statements currency and changes in standards. The new versions of Assignments 1, with the questions scrambled from one version to the other, were then used in each of the 4 sessions. The same process was applied to Assignment 2 in each of the four sessions. Assignment 3 in each session is a past exam converted into an assignment worth 50 marks, including the multiple-choice questions. Two past exams were selected for conversion. The final versions are used alternatively: one version in sessions 1 and 3, and the second version in sessions 2 and 4. The past exams went through the following process:

o Updated for standard changes. o Solutions were converted to a form/format similar to that which markers are used to seeing in the course material. o Notes to markers were elaborated for clarity. o Any questions testing material from Module 10 were replaced/deleted. o The ethics case from the original (2012-13) Assignment 3 was re-instated. o Ensured the level of complexity was comparable to an actual exam. o Questions that could not be updated due to radical changes in standards were replaced. o The terminology used was updated. o Marks allotted were scaled down to 50.

The marking structure of each assignment remained the same as it was in 2012-13: assignment 1, 50 marks; assignment 2, 100 marks; assignment 3, 50 marks. All quizzes were updated for changes in standards and terminology.

Course-specific changes Module notes: Updated their currency by including the changes in standards, and updated the terminology used. Modules 1 and 2: Restructured topics and included Levels 2 and 3 content coverage. Module 6:

o Topics 6.1 6.6: redirected the focus to joint ventures



Course Code

Revision Status

First Session

Summary of Changes and decreased ownership related coverage.

o Restructured content in most topics to Levels 2 and 3, as the issues related to changes in ownership belong to a very specialized area of expertise. o Updated Topics 6.7 6.8, Reporting joint ventures.

Module 7: deleted Topic 7.6, Financial reporting in an international environment. Module 9: in order to provide more support to students in their preparation for the PAs, focus was redirected from government accounting, which is now largely covered at Level 3, to NFPO. Module 10: deleted Topic 10.1, Additional issues in international reporting.

FN1 High 2 General changes Added course specific exam prep suggestions to the introduction. Incorporated material from AT1 Module 3, Efficient securities market into FN1 Module 3, Security valuation. Incorporated material from AT1 Module 6, Economic consequences (except material from 6.2, Employee stock options) into FN1 Module 2, Determinants of interest rates. Topic 7.6, Types of Leases deleted as it is adequately covered in other course material. Level designation for Topics 5.4 and 6.9 changed from Level 2 to Level 1. Incorporated FN1/AT1 past exam questions and questions from the deleted Assignment 3 into the self-test material.

Assessments Reused the existing assignments; however, the existing Assignment 3 was replaced with a repurposed past exam.

Course-specific changes Module 1:

o Topic 1.8: updated venture capital information. o Topic 1.9: updated income tax rates, including computer illustration 1.9-1. o Self-test Question 1: tax rates were updated.

Module 2: o Topic 2.4 exchange rates were updated. o Topic 2.5, Exhibits 2.5-1 and 2.5-1: bond and preferred share data was updated. o Added Topic 2.7, incorporating AT1 material. o Updated Self-test Question 2, interest rates. o Added Self-test Questions 5, 6, 7, 8 and 9.

Module 3: o Topic 3.2, Example 3.2-1: updated company dividend rates. o Added Topic 3.7, incorporating AT1 material



Course Code

Revision Status

First Session

Summary of Changes

o Added Self-test Questions 7 and 8. Module 4:

o Topic 4.5 Example 4.5-1: updated exchange rate. o Added Self-test Questions 2(f), 2(g) and 6.

Module 5: o Topic 5.6 Example 5.6-1: updated project information o Added Self-test Question 7.

Module 6: o Topics 6.3-6.6: updated company information. o Added Self-test Questions 5(b), 5(c), 6 and 7.

Module 7: o Topic 7.3, Exhibit 7.3-1: updated dividend yields. o Deleted Topic 7.6 o Added Self-test Question 2.

Module 8: added Self-test Questions 2 and 4. Module 9:

o Topic 9.1, Exhibits 9.1-2 and 9.1-3: BAX quotes and the charts on trends in the futures markets were updated. o Topic 9.2: margin requirement example was updated. o Deleted Self-test Question 3(c). o Added Self-test Question 4.

FN2 Low 2 General changes Updated preferred shares to preference shares. Added exam prep material to introduction. Updated terminology in computer illustration data files.

Course-specific changes Topic 7.8: updated required reading to the 2012 RBC annual report.

GM2 Reprint 2 No changes HC1 Reprint 2 No changes LW1 Low 3 General changes

Respond to feedback. Added course specific exam prep material to the introduction. Moved some Level 1 material to Level 2, and some Level 2 material to Level 3.

Course-specific changes Topic 2.1: added material on distinguishing a tort from a breach of contract.

MA1 High 2 General changes Updated module notes to new version of the textbook.

Assessments Same set of assignments is being used for all sessions except Assignment 3, which was replaced with a repurposed past exam.



Course Code

Revision Status

First Session

Summary of Changes

MA2 New 1 General changes This is a new course based on the previous version of MA2 with material added from AT1 and PA2. Course resources consist of the following: Adopted textbook:

o Kenneth Merchant and Wim Van der Stede, Management Control Systems: Performance Measurement, Evaluation and Incentives, Third Edition (Essex, England: Pearson Education Limited, 2012) Selected readings from:

o Robert N. Anthony and Vijay Govindarajan, Management Control Systems, Twelfth Edition (New York: McGraw-Hill Irwin, 2013) o Charles Horngren, et al., Cost Accounting, A Managerial Emphasis, Fifth Canadian Edition (Toronto: Pearson, 2010) The following is a list of changes to the course content including deletions and additions:

Content was added to the following areas: Strategy development

o Strategic leadership o Developing and managing strategy o Importance of strategic financial management o Implementing strategy o Using management control systems to support strategy

Corporate governance and controls Corporate social responsibility

o The organizations responsibility to stakeholders Ethics, including moral management Budget system design

o Linking budgets to strategic objectives and risks o Setting financial targets

Management control systems o Controls and control system design o Effectiveness of controls o Human factors in management control systems

Performance evaluation and compensation o Agency theory as it relates to incentive contracts o Stock options and restricted stock o Compensation design o Performance measures and fraud

Sustainability accounting



Course Code

Revision Status

First Session

Summary of Changes

New content: Whistle-blowing and how the private and public sectors have addressed this issue Enterprise risk management

o Risk environment and types of risk o Levels of risk management o Evaluating risk o Techniques for mitigating risk o ERM and the balanced scorecard

Benchmarking Controls for not-for-profit organizations Management control of projects

The following content was deleted Linear programming Revenue allocation techniques Backflush costing Kaizen budgeting Capital budgeting Strategic analysis of operating income

Assessments

Assignment questions are based on the new course content. Assignment questions from 2012-13 course material that applied to the new course were retained. Replaced the existing Assignment 3 with a repurposed past exam. 30% of each practice exam is based on an integrative case study to align with the final examination in the course.

MM1 High 1 General changes Updated to the new textbook Marketing 8th edition by Crane, Kerin, Hartley and Rudolius. New selection of Ivey cases and one Harvard case.

Course-specific changes All modules were restructured to follow the flow of topics as per the new textbook. In each module there are assignment questions, usually case analysis and current event analysis. In each module there are new review questions from the textbook with accompanying solutions.



Course Code

Revision Status

First Session

Summary of Changes

MM2 High 1 General changes Updated to new textbook Marketing Management and Planning Frederick Crane, Roger Kerin, Steven Hartley, and William Rudelius. Marketing, Eighth Canadian Edition (Whitby: McGraw-Hill Ryerson, 2011). New selection of cases.

Course-specific changes All modules were restructured to follow the flow of topics as per the new textbook. Each module contains assignment questions, usually case analysis and current event analysis. Each module contains new review questions selected from the textbook with accompanying solutions.

MS1 Reprint 3 No changes MS2 Medium 2 General changes

All modules were updated for currency of technologies. Assessments

All five online discussion questions and solutions are new. Four new MCQs, one for each assignment, were added with updates for currency.

o Assignment 1 and solution: MCQ(h) replaced with new MCQ(j). o Assignment 2 and solution: MCQ(f) slight revision. o Assignment 3 and solution: MCQ(i) revised and Question 2 updated for currency. o Assignment 4 and solution: MCQ(c) replaced with new MCQ(c)

Practice exams were updated for currency. o PE1: MCQ 1, there was a slight revision to dollar figures and dates. o PE2: Question 6 currency was updated under subheadings Computers and Networks.

Course-specific changes Topic 1.2, Exhibit 1.2-1: Porters Five Forces video. Print version only. Topic 1.5, Exhibit 1.5-1: interactive skills of IS professional. Print version only. Topic 3.3 has the most updates for currency in Module 3. There were major updates and revisions to all topics in Module 4. Topic 4.4, Example 4.4-1: slight revisions to the solutions Topic 4.9, Example 4.9-1: episode of The Right Stuff. Print version only. Topic 5.1, Activity 5.1-1: Judgment call. Print version only.



Course Code

Revision Status

First Session

Summary of Changes

Topic 5.7 has most significant updates in Module 5. Module 5: Self-test Question 7. Print version only. Topic 6.1, Activity 6.1-1: slight revisions to the solution. Topics 6.2 and 6.4 have significant updates in Module 6. Topic 7.1, Activity 7.1-1: slight revisions to the solution. Print version only. Topic 7.1, Exhibit 7.1-1: e-business terminology updated. Topic 7.4 has the most updates for currency in Module 7. Topic 8.1, Activity 8.1-1: slight revisions to the solution. Topics 9.1 and 9.4 have the most updates and changes in Module 9. Topic 9.1, Activity 9.1-1: episode of Living It. Print version only. Topic 10.3 has the most updates for currency in Module 10.

MU1 Medium 1 General changes Course material updated to IIA standards in effect as of January 1, 2013. Exam prep material added to the introduction.

Assessments Assignment 2: two new MCQs.

Course-specific changes Topic 2.1: Reading 2-1 updated and Online article 2.1-1 added. Topic 3.4: changed focus of the topic from the CoCo control framework to the COSO control framework. Topic 3.8: Online article 3.8-1 added. Module 5: Self-test Question 1 (ACL computer question) deleted. Topic 6.1: Reading deleted. Topic 7.2: Reading 7-1 replaced. Topic 9.6: Reading 9-6 deleted.

OL2 Reprint 1 No changes OM1 Reprint 2 No changes OM2 Reprint 2 No changes



Course Code

Revision Status

First Session

Summary of Changes

OR1 Medium 1 General changes Course materials updated to the eighth edition of: Steven L. McShane and Sandra L. Steen, Canadian Organizational

Behaviour, (Toronto:McGraw-Hill Ryerson, 2012) Textbook page number, learning objectives and review questions were updated where necessary

The following multimedia learning objects were removed from the course: o Module 2, Building an effective team o Module 3, MARS model for individual behavior and results o Module 4, Johari Window Model of self-awareness o Module 4, Emotional intelligence o Module 7, Choosing an appropriate communication channel o Module 11, Lewins Force Field Analysis model o Module 11, The Four-D model of Appreciative Inquiry"

Course introduction: Instructions are provided for accessing the McGraw-Hill Online Learning Centre. Practice exam: Four multiple choice questions were replaced with new questions.

Course-specific changes Topic additions, deletions and revisions: Module 1 New introduction Topic 1.4 Research in organizational behavior (new) Module 3 Introduction rewritten Moved to module 4: Topic 3.3 Self-Concept 3.2 Types of individual behavior in the workplace (new) 3.3 Personality (revised) 3.4 Values (revised) 3.6 Values across cultures (new) Module 4 Moved to module 5: Topic 4.2 Learning and behavior modification 4.1 Self-concept (Moved from module 3) 4.2 The perceptual process, perceptual problems, and improving perception (revised) 4.3 Emotions, attitudes, and behavior in the workplace (revised) 4.4 Job satisfaction and organizational commitment (revised) 4.5 Stress: Its consequences, causes, and management (revised)



Course Code

Revision Status

First Session

Summary of Changes

Module 5 5.1 Employee engagement, drives, needs and motivation (revised) 5.2 Expectance theory, organizational behavior modification, and social cognitive theory, goal setting, and feedback (revised to include material from Topic 4.2) Module 6 6.3 Transformational and implicit leadership (revised) Module 7 7.3 Communication model and channels (revised) Module 8 8.1 Power and contingencies (revised) Module 10 10.1 Elements of organizational culture (revised) 10.3 Merging organizational cultures (formerly 10.4) 10.4 Changing and strengthening organizational culture (revised) 10.5 Organizational socialization (new) Module 11 11.1 Lewins force field analysis model and resistance to change (revised) 11.2 Unfreezing, changing, and refreezing (revised) 11.3 Change agents, strategic visions, diffusing change, and approaches to organizational change (revised)

OR2 Medium 1 General changes Course materials updated to the eighth edition of: Steven L. McShane and Sandra L. Steen, Canadian Organizational

Behaviour, (Toronto:McGraw-Hill Ryerson, 2012) Textbook page number, learning objectives and review questions were updated where necessary The following multimedia learning objects were removed from the course:

o Module 2: Building an effective team o Module 3: MARS model for individual behavior and results o Module 4: Johari Window Model of self-awareness o Module 4: Emotional intelligence o Module 7: Choosing an appropriate communication channel o Module 11: Lewins Force Field Analysis model o Module 11: The Four-D model of Appreciative Inquiry

Course introduction: Instructions are provided for accessing the McGraw-Hill Online Learning Centre.



Course Code

Revision Status

First Session

Summary of Changes

Course-specific changes Topic additions, deletions and revisions: Module 1 New introduction Topic 1.4 Research in organizational behavior (new) Module 3 Introduction rewritten Moved to module 4: Topic 3.3, Self-Concept 3.2 Types of individual behavior in the workplace (new) 3.3 Personality (revised) 3.4 Values (revised) 3.6 Values across cultures (new) Module 4 Moved to module 5: Topic 4.2 Learning and behavior modification 4.1 Self-concept (Moved from module 3) 4.2 The perceptual process, perceptual problems, and improving perception (revised) 4.3 Emotions, attitudes, and behavior in the workplace (revised) 4.4 Job satisfaction and organizational commitment (revised) 4.5 Stress: Its consequences, causes, and management (revised) Module 5 5.1 Employee engagement, drives, needs and motivation (revised) 5.2 Expectance theory, organizational behavior modification, and social cognitive theory, goal setting, and feedback (revised to include material from Topic 4.2) Module 6 6.3 Transformational and implicit leadership (revised) Module 7 7.3 Communication model and channels (revised) Module 8 8.1 Power and contingencies (revised) Module 10 10.1 Elements of organizational culture (revised) 10.3 Merging organizational cultures (formerly 10.4) 10.4 Changing and strengthening organizational culture (revised) 10.5 Organizational socialization (new) Module 11 11.1 Lewins force field analysis model and resistance to change (revised) 11.2 Unfreezing, changing, and refreezing (revised) 11.3 Change agents, strategic visions, diffusing change, and approaches to organizational change (revised)



Course Code

Revision Status

First Session

Summary of Changes

PA1 Medium 1 General changes Self-test/demonstration cases and assignments were updated to current standards (e.g. the CICA Handbook and Income Tax Act). Added FA1, FA2, FA3, and MA1 course module summaries.

Assessments Switched Module 1 online discussion assignment with Module 2 individual MCQ and case assignment submission. This was done to give the students time to receive feedback on their first case before starting the second case. Same set of assignments is being used for both Sessions 1 and 3.

Course-specific changes Modules: No changes to the module notes.

PA2 Medium 1 General changes Updated self-test/demonstration cases and assignments to current standards. Added FA1, FA2. FA3 and MA1 course module summaries.

Assessments Switched Module 1 online discussion assignment with Module 2 individual MCQ and short case assignment. This was done to give the students time to receive feedback on their first case before starting the second one Same set of assignments is being used for both Session 1 and 3

Course-specific changes Modules: In Topic 3.5,information was added in areas of concern based on feedback from the examiners.

PF1 Medium 2 General changes Updated to current PSAH. Deleted older readings. Exam preparation material was added to the introduction.

Assessments Minor changes for standards

Course-specific changes Topic 1.5: two new articles on ethics were added. Topic 3.1: updated for new GASB information. Topic 3.3: updated for new GASB information. Topic 3.4: additional information was created around sustainability and government pension plans. Topic 5.2: a readings book article is now an online article. Topic 5.3: material added to provide additional detail on the FSD&A. Topic 6.4: updated with the current list of active projects for the PSAH. Topic 7.5: A city of Toronto example was added. An updated Reading 9-2 replaced an old reading with updated



Course Code

Revision Status

First Session

Summary of Changes topic information.

PM1 Reprint 1 General changes No changes

PT1/PT2 Medium 1 General changes Updated to the new edition of the textbook (2012). As a result, some topics were rearranged between modules and some topic names were revised. Deleted the Key terms from each module and replaced them in each module with a general comment. The general comment instructs the student to pay attention to the terms and indicates that the terms can be found on the textbook website. Rearranged the format of the modules by placing theassignments/activities at the end, after the review questions.

Assessments Revised marks allocationnow includes participation marks. Module 2 Assignmentcompletely revised section 1 What project to pick? Module 3 Assignmentrevised wording and format of section 3 Draft proposal.

Course-specific changes Module 1 now has only 3 topics (deleted Topic 1.4). Moved material from old Topic 1.4 to Topic 2.1. Module 2 now has 6 topics (there used to be 4). Moved material from previous Topic 3.1 to Topic 2.3 Moved material from previous Topic 3.2 to Topic 2.4 Moved material from previous Topic 3.3 to Topic 3.1. Renamed Topics 3.2 and 3.3. Module 6 was completely revised to include case studies and review questions (including solutions to both) for exam preparation.

QU1 Low 2 General changes Updated for new textbook edition Clarified the required text readings

Course-specific changes Introduction: exam preparation material added. Topic 8.3: clarified the trend analysis material. Topics 1.1, 1.2, 1.4, 2.1, 4.3 and 10.5: changed from Level 1 to Level 2.



Course Code

Revision Status

First Session

Summary of Changes

RK1/RK2 Medium 1 General changes Updated for new textbook.

Assessments New quiz questions. New assignments.

Course-specific changes Course module notes and readings are all new. New practice exam.

RM2 Low 2 General changes No changes made

Assessments Exam is no longer open book.

SP1 Reprint 1 General changes No changes

SP2 High 1 General changes Updated to the new textbook Essentials of Strategic ManagementThe Quest for Competitive Advantage by Gamble, Thompson and Peteraf. There is no casebook; however, cases are incorporated from the textbook.

Course-specific changes All modules were restructured to reflect the flow of topics as per the new textbook. Every module contains assignment questions.

TX1 High 2 General changes Updated the course to 96th edition of the Income Tax Act.

Assessments Same set of assignments is being used for all sessions.

TX2 High 3 General changes Updated the course to 96th edition of the Income Tax Act. Added accounting entries for Section 85 rollover questions and examples.

Assessments Assignment 5 is now in exam format.

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Documents

2013_14 CourseChangesMemo_20130731.pdf