Department of Accounting

Mihaylo College of Business and Economics

California State UniversityFullerton

Accounting 509


Accounting for Information Technology


 Third Term –April 30, 2008 – August 16, 2008

SYLLABUS (as of May 2, 2008)

Students in my sections will have hands-on experience with SAP R/3.

California State University, Fullerton is a member of SAP’s University Alliance Program

SAP R/3 is a registered trademark of SAP AG

Students in my sections will have hands-on experience with bioLock, an award- wining biometric field level security and fraud mitigation tool, provided by realtime North America, Inc.



Wharton Research Data Services


Office:           LH-617

Telephone:       (714) 278-2682  

Fax:                 (714) 278-4518




Mission Statement:  Our mission is to offer high-quality accounting educational programs that help students to prepare for careers in the accounting profession and that are relevant to a diverse group of undergraduate and graduate students.  In recognizing its role in society, the Department of Accounting also strives to advance accounting education and knowledge through basic, applied and pedagogical research and other scholarly activities and to promote valuable associations with business and professional communities.                                                                                                       (Revised 9/05)


During the first week of classes, inform the instructor of any disabilities or special needs that you have that may require special arrangements related to attending class sessions, carrying out writing assignments or learning components, or taking examinations.  Students with disabilities need to document the disability at the Disabled Students Services office in UH 101, (714) 278-3117,

ACADEMIC INTEGRITY/DISHONESTY (CSUF UPS 300.021, 5/8/2005 (‘05-’07 CSUF Catalog pg. 558)):

Academic dishonesty includes such things as cheating, inventing false information or citations, plagiarism, and helping someone else commit an act of academic dishonesty. It usually involves an attempt by a student to show a possession of a level of knowledge or skill, which he/she in fact does not possess.

  • Cheating is defined as the act of obtaining or attempting to obtain credit for work by the use of any dishonest, deceptive, fraudulent, or unauthorized means. Examples of cheating include, but are not limited to, the following: using notes or aides or the help of other students on tests and examinations in ways other than those expressly permitted by the instructor, plagiarism as defined below, tampering with the grading procedures, copying verbatim another students assignments, and collaborating with others on any assignment where such collaboration is expressly forbidden by an instructor. Violation of this prohibition of collaboration shall be deemed an offense for the person or persons collaborating on the work, in addition to the person submitting the work.
  • Plagiarism is defined as the act of taking the specific substance of another and offering it as one’s own without giving credit to the source. When sources are used, acknowledgement of the original author or source must be made following standard scholarly practice.

Students who violate university standards of academic integrity are subject to disciplinary sanctions, including failure in the course and suspension from the university. Since dishonesty in any form harms the individual, other students and the university, policies on academic integrity are strictly enforced. Academic dishonesty, in any form, when detected, will result in zero points on assignments or tests, and may results in an F for the course plus additional University-level disciplinary action by judicial affairs. For additional information refer to the University policy in the current CSUF Catalog. 


Fullerton Campus


Class Time:  Saturday, 9:00 A.M. to noon for examinations, June 21 and August 9

Classroom:     Langsdorf Hall (LH) 315A for examinations

Section Number:   50

Schedule Number: 10034

Units:  3



ACCT 509    Accounting for Information Technology

Description: Survey of information processing procedures to support financial and managerial accounting processes, concepts, and standards; preparation of financial statements and management reports; use of financial information for management decision making. Units: (3)




Name:   Paul Sheldon Foote         

Offices: 617 Langsdorf Hall (Fullerton campus), 206 IRVC (Irvine campus)

Office Hours: by appointment.


Office telephone:   (714) 278-2682


Web Site:


Required materials:

CobiT and the Sarbanes-Oxley Act
by Sabine Schöler, Liane Will, and Marc O. Schäfer

This pocket-sized guide is your roadmap to implementing the relevant CobiT Controls using SAP tools. Starting with the business/IT requirements dictated by the Sarbanes-Oxley Act, the authors explain the relevant controls of the CobiT framework and show you exactly which tools and services SAP provides for the smooth implementation of these controls within your IT operations.



Product Code: H1959
Softcover, 197 pages
ISBN 978-1-59229-128-1


Cover image for product 0470169303

How to Comply with Sarbanes-Oxley Section 404: Assessing the Effectiveness of Internal Control, 3rd Edition

Michael J. Ramos

ISBN: 978-0-470-16930-8


266 pages

March 2008

US $75.00 Add to Cart

Course Objectives

The objective for this term will be to research on information system compliance with the Sarbanes-Oxley Act.

Teaching Method: 

This MSIT program course will be taught using the California State University, Fullerton’s Blackboard courseware.  If you need help using Blackboard, see the Blackboard Student Support Web site:

This graduate research course will involve submitting research papers in an asynchronous mode.  There will be an introductory class meeting, a midterm examination, and a final examination on campus.  For students who do not live near the Fullerton campus, options are available for taking examinations at other testing centers.

There will be no lectures.  In the place of lectures, there will be detailed research assignments clarified by assigned textbook readings and articles or other resources available online.  You will have approximately two weeks to complete each research assignment.  In response to student questions or to new content becoming available, the instructor might post additional articles or clarifications at Blackboard.  You are encouraged to check Blackboard daily.

While you might be provided with one or more articles to help you to start your research, most of your research papers will be based upon other materials you find in your research.  For details of how to obtain help from the librarians in doing research, see:

Some assignments will require using resources needing account and log in information, such as SAP R/3 and Wharton Research Data Services (WRDS).  You will be provided with account and log in instructions for these assignments via postings at Blackboard.

All research papers must be uploaded to ( ) and to Blackboard’s Discussion Board by the specified deadlines.  After the deadlines, all students will be able to read the research papers of all other students at Blackboard’s Discussion Board.  Late submissions might receive low or no grades.

All assignments are individual assignments.  However, all students may post chats about ideas, resources, or about business experiences.  After the submission deadlines, all students may review the research findings of all other students at Blackboard’s Discussion Board.


Titan Bookstore, 800 North State College Boulevard, Fullerton, CA 92834, (714) 278-3418, (714) 278-2031 FAX.  Irvine (El Toro) Campus:  ETC-220, (949) 936-1635.

You may purchase textbooks online at:

Titan Bookstore has a low price guarantee.  If you learn that another local bookstore is selling textbooks for less than what you paid at Titan Bookstore, complete a low price guarantee refund request at the Titan Bookstore in Fullerton.  If you have questions, contact Claudia Villanueva:

P: 714-278-4966

F: 714-626-8156






Little Professor Book Center

725 N. Placentia Avenue

Fullerton, California 92831

(714) 996-3133

Text Mart, 2436 East Chapman Avenue, Fullerton, CA 92831, (714) 449-7999, (714) 449-7990 FAX

The following Web sites will find the best online book prices:

Topics Covered in CobiT and the Sarbanes-Oxley Act:

1. Introduction ... 13
... 1.1 Overview of CobiT ... 13
... 1.2 COSO ... 18
... 1.3 Overview of the Sarbanes-Oxley Act ... 19
... 1.4 Connection Between CobiT and Other Standards of Best Practices ... 23
... 1.5 SAP IT Service & Application Management ... 25

2. Central SAP Tools ... 29
... 2.1 SAP Solutions for Governance, Risk, and Compliance ... 29
... 2.2 SAP Solution Manager: The SAP Platform for Application Management and Cooperation ... 35

3. CobiT Domain: Plan and Organize ... 41
... 3.1 PO1: Defining a Strategic IT Plan ... 42
... 3.2 PO2: Defining the Information Architecture ... 45
... 3.3 PO3: Determining the Technological Direction ... 52
... 3.4 PO4: Defining the IT Processes, Organization, and Relationships ... 53
... 3.5 PO5: Managing the IT Investment ... 61
... 3.6 PO6: Communicating Management Aims and Direction ... 62
... 3.7 PO7: Managing IT Human Resources ... 64
... 3.8 PO8: Managing Quality ... 68
... 3.9 PO9: Assessing and Managing IT Risks ... 71
... 3.10 PO10: Managing Projects ... 75

4. CobiT Domain: Acquire and Implement ... 79
... 4.1 AI1: Identifying Automated Solutions ... 80
... 4.2 AI2: Acquiring and Maintaining Application Software ... 83
... 4.3 AI3: Acquiring and Maintaining Technology Infrastructure ... 90
... 4.4 AI4: Enabling Operation and Use ... 97
... 4.5 AI5: Procuring IT Resources ... 101
... 4.6 AI6: Managing Changes ... 102
... 4.7 AI7: Installing and Accrediting Solutions and Changes ... 104

5. CobiT Domain: Deliver and Support ... 109
... 5.1 DS1: Defining and Managing Service Levels ... 111
... 5.2 DS2: Managing Third-Party Services ... 118
... 5.3 DS3: Managing Performance and Capacity ... 123
... 5.4 DS4: Ensuring Continuous Operation ... 125
... 5.5 DS5: Ensuring Systems Security ... 127
... 5.6 DS6: Identifying and Allocating Costs ... 135
... 5.7 DS7: Educating and Training Users ... 136
... 5.8 DS8: Managing the Service Desk and Incidents ... 138
... 5.9 DS9: Managing the Configuration ... 141
... 5.10 DS10: Managing Problems ... 143
... 5.11 DS11: Managing Data ... 146
... 5.12 DS12: Managing the Physical Environment ... 149
... 5.13 DS13: Managing Operations ... 150

6. CobiT Domain: Monitor and Evaluate ... 155
... 6.1 ME1: Monitoring and Evaluating IT  Performance ... 156
... 6.2 ME2: Monitoring and Evaluating Internal Controls ... 159
... 6.3 ME3: Ensuring Compliance with Specifications ... 163
... 6.4 ME4: Ensuring IT Governance ... 164

7. Relevance of CobiT and COSO for Fulfilling SOX ... 167

8. Outlook ... 175

A. CobiT Controls ... 179
B. Literature ...191 Index ... 193





Topics Covered in How to Comply with Sarbanes-Oxley Section 404:

Chapter 1. The Evaluation Approach.

Chapter Summary.

Management’s Evaluation of Internal Control.

Overview of the Evaluation Process.

Risk-Based Judgments.

Why Understanding Risk is Important.

A Risk-Based, Top-Down Evaluation Approach.

Identification of Misstatement Risk.

Assessment of Misstatement Risk.

The Likelihood of Control Failure.

A "Top-Down" Approach to Identifying Relevant Controls.

The Independent Auditor's Reporting Responsibilities.

Overall Objective of the Auditor's Engagement.

Use of Work of Internal Auditors and Others.

Working with the Independent Auditors.

Chapter 2. Internal Control Criteria.

Chapter Summary.

The Need for Control Criteria.

The COSO Internal Control Integrated Framework.

Key Characteristics of the COSO Framework.

By Way of Analogy.

Five Components of Internal Control.

The Control Environment.

Risk Assessment.

Control Activities.

Information and Communication.


Internal Control for Small Businesses.

Controls Over Information Technology Systems.

COSO Guidance.

The COBIT Framework.

Chapter 3. Project Scoping.

Chapter Summary.


One Size Does Not Fit All.

Entity-Level Controls.

Applying the Top-Down, Risk Based Approach.

Corporate Culture.

Personnel Policies.

IT General Controls.

Risk Identification.


Anti-Fraud Programs and Controls.

Period-End Financial Reporting Processes.

Identifying Significant Activity-Level Control Objectives.

Appendix A. Action Plan: Identifying Significant Control Objectives.

Appendix B.Example Control Objectives.

Chapter 4. Project Planning.

Chapter Summary.

The Objective Of Planning.

Information Gathering For Decision Making.

Organize Your Project According to Business Process Activities.

Areas of Focus.

Defining Internal Control Deficiencies.

Project Scope and Existing Efforts to Assess Internal Control Effectiveness.

Other Scope Considerations.

Information Sources.

SEC Form 10K.

Other Information Sources.


Additional Guidance.

Structuring The Project Team.

Establishing Responsibilities and Lines of Reporting.

Project Team Members.

Coordinating With The Independent Auditors.

Reach Consensus on Planning Matters.

Documenting Your Planning Decisions.

Appendix 4A. Action Plan: Project Planning.

Appendix 4B. Summary of Planning Questions.

Chapter 5. Documentation of Internal Controls.

Chapter Summary.

The Importance of Documentation.

Assessing The Adequacy Of Existing Documentation.

What Should Be Documented.

How Much to Document.

Documentation Of Entity-Level Control Policies And Procedures.

Corporate Governance Documents.

Code of Conduct.

Other Documentation.

Documenting Activity-Level Controls.

Determine the Controls to Be Documented.

How to Design Internal Control Documentation.




Sarbanes-Oxley Automated Compliance Tools.

Functions of an Automated Sarbanes-Oxley Tool.

Implementation Is Critical.

Assessing the Control Warehouse Function.

Managing the Testing of Controls.

Automated Control Procedures.

The Value of an Automated Compliance Tool.

Coordinating With The Independent Auditors.

Appendix 5A. Action Plan: Documentation.

Appendix 5B. Linkage of Significant Control Objectives to Example Control Policies and Procedures.


Chapter 6. Testing and Evaluating Entity-Level Controls.

Chapter Summary.

Overall Objective Of Testing Entity-Level Controls.

Relationship between Entity-Level and Application-Level Controls.

Design Effectiveness versus Operational Effectiveness.

Testing Techniques.

The Nature of Available Evidence.

Survey and Inquiries of Employees.

Inquiries of Management.

IT General Controls.

Reading and Assessment of Key Documents.

Observation of Processes.


Evaluating The Effectiveness Of Entity-Level Controls.

Making the Assessment.

Five Levels of Reliability.

Responding to Identified Weaknesses.

Documenting Test Results.

Coordinating With The Independent Auditors.

Appendix 6A. Action Plan: Testing and Evaluating Entity-Level Controls.

Appendix 6B. Survey Tools.

Example Letter To Employees In Advance Of Employee Survey.


Example Employee Survey Of Corporate Culture And Personnel Policies.

Purpose of the Survey.




Evaluation Of Employee Survey Results.

Evaluating Results.

Appendix 6C. Example Inquiries of Management Regarding Entity-Level Controls.

Instructions For Use.

Chapter 7. Testing and Evaluating Activity-Level Controls.

Chapter Summary.


Confirm Your Understanding Of The Design Of Controls.

What’s a Walkthrough?

Suggestions for Performing a Walkthrough.

Assessing The Effectiveness Of Design.

Financial Statement Assertions and Controls.

Information-Processing Streams.

Operating Effectiveness.

Test Design Considerations.

A Risk-Based Approach to Designing Tests.

Sample Sizes and Extent of Tests.

Types of Tests.

Evaluating Test Results.

Documentation Of Test Procedures And Results.

Coordinating With The Independent Auditors.

Appendix 7A. Action Plan: Documentation.

Appendix 7B. Example Inquiries.

Chapter 8. Evaluating Control Deficiencies and Reporting on Internal Control Effectiveness.

Chapter Summary.

Control Deficiencies.

Evaluating Control Deficiencies.

Assessing the Likelihood and Significance of Misstatement.

Deficiencies that May be Material Weaknesses.

Compensating Controls.

The "Prudent Official Test".

Annual and Quarterly Reporting Requirements.

Management's Report When a Material Weakness Exists at Year-End.

"As Of" Reporting Implications.

Expanded Reporting On Management's Responsibilities For Internal Control.

Responsibility for Financial Reporting.

Coordinating With The Independent Auditors And Legal Counsel.

Independent Auditors.

Legal Counsel.

Appendix 8A. Action Plan: Reporting.

2. Prepare Required Report.



Student Computer Labs:

Fullerton Campus

McCarthy Hall Student Lab, MH 47

If you are a University Extended Education student, please email me to be placed on the list of students permitted to use this lab.  Other students will use their student identification cards to gain access to this lab.

This lab has installed the required software for Mihaylo College of Business Administration and Economics courses.

Irvine Campus

Irvine Campus Open Lab (IRVC1 Room 145)


Recommended Web Sites:

Accounting Software

Annual Reports

SEC Info








Blackboard has been activated for this course.  If you do not find your name as enrolled for this course (such as a late add or a University Extended Education registration), please email me immediately to be added to Blackboard:


For the latest list of bots to use in Internet research, see:

For example, there is a free bot, Copernic Agent Basic, available (in English, French, German, and in Spanish) for downloading from:

Capital Budgeting

Real Options in Petroleum



Certified Information Technology Professional (CITP)


Citation Styles

For a comparison of citation styles (such as AMA, APA, Chicago, MLA, Turabian), including for referencing online sources:

Company Data

Financial Accounting Standards Board (FASB)




To find or create your own discussion group online for research purposes:

Inspiration Software

A good way to improve your research papers is to use Inspiration.  You may download a free 30-day trial of this software at:



LinkedIn is an excellent free (premium services available) resource for maintaining and building your network of contacts.  If you are looking for a new job, seeking consulting assignments, attempting to put together business deals, doing corporate research, or seeking to contact former classmates, you need to join millions around the world who are using this resource today.

Microsoft SQL Server


.NET (Microsoft .NET Framework)


Peachtree Software

Portals  Ittoolbox

and  Open IT Exchange

The purpose of this portal is to provide a place for students and professionals to find resources and exchange ideas about IT topics.  There are specialized groups for technical questions on topics such as SAP R/3.  You may subscribe to receive free email on specialized topics.

If you think that any of your research papers are of high enough quality to help advance your career, then you may email the research papers for consideration for posting to:


Project On Government Oversight (POGO)

This site has excellent resources for researching defense procurement fraud.

Publication Subscriptions with Student Discounts


The Economist: 

Financial Times:

Wall Street Journal:

SAP R/3 BW (data warehousing) and Portals  Financial accounting              HR (Human Resources)                Books published by SAP Press           Logistics and Supply Chain Management

Search Engines uses Yahoo! search engine; donate to your charity

Search Engine Ratings

Translations (of Web searches, documents, email in foreign languages)

Web Development


White Papers



Registration and Fees; Add/Drop Procedures:

Please consult your current Class Schedule for the TITAN add and drop periods and procedures.




Accounting courses taken to meet the requirements of a major or minor must be taken with grading option 1 (A+, A, A-, B+, B, B-, C+, C, C-, D+, D, D-, F).



All lower division Business core courses must be completed with a grade of at least C in each course before enrolling in upper division Accounting courses. Exceptions to this requirement may be made for non-Business majors. Upper division Accounting courses are not open to pre-Business, pre-Economics, pre-International Business or undeclared students.


Please review each semester the university’s current grading policies:

Do not remain in any course in which you are earning low scores on the assumption that there will be some incomplete or withdrawal options.  Grading options and bases for approving those options change.

Grading will be based upon the distribution of total points in all of my sections of this course at the end of the course only.  For grading purposes, all sections of my course are treated as a single section in my grade spreadsheet. 

The traditional straight scale grading percentages will be applied to the percentage of the possible total score earned by each student:
























































In Accounting courses, the top student usually does not have a percentage high enough to receive a grade of A using the traditional straight scale applied to the percentage of the possible total score.  In those typical cases, my practice is to use the traditional straight scale applied to the percentage of the top student’s score.  All grades in the class become relative to the performance of the top student.

In Accounting courses, there can be unusual distributions of total scores.  If a large number of students in the course are repeating the course multiple times, then there can be bimodal distributions or other non-normal distributions.  There are sometimes cases of a single student with a total score vastly higher than the total scores of other students.  At my option, I may choose to impose the standard normal distribution on the distribution of total scores in all sections of the course.  I may decide, for example, to raise the top student’s A grade to A+ if the Z Score indicates that the top student’s total score was unusually good.  Likewise, I might decide to raise grades in the C to A- range if I think that this group of students should be awarded higher grades.

Plus and minus grades will be used in this course and will convert in the following ways in determining your grade point average:

A+ = 4.0, A   = 3.7, B+ = 3.3, B   = 3.0, B- = 2.7, C+ = 2.3, C   = 2.0, C- = 1.7, D+ = 1.3, D = 0.7, F = 0.0

For details on grading practices, see:

Research Assignments = 60%

Midterm Examination = 20%

Final Examination = 20%



Examinations are closed books and closed notes.  There will be assigned seating.  The typical format will be essay questions.  There will be NO makeup or early examinations (other than examinations at other test centers on the day before the Saturday examinations at the Fullerton campus).

Please note that there are no extra-credit or late assignment submission opportunities at the end of the semester.   


Writing Help: (These might not be available during the summer.)


Got help? 


Writing assignments looming?  Midterm stress or end-semester crush? Send us your business students.

Three campus institutions offer targeted writing assistance:


Business Writing Center                                                                                                                  

Help is

our business!

CBE Tutoring services for business writing


714.278.2704 (walk in or call)

Students can make appointments online:

SPECIALTY: business document formats, strategies, and tone

University Learning Center 


Tutoring services for all campus disciplines and subjects


714.278.2738 (walk in or call for appt.)

MH-78 Computer Lab


SPECIALTY: All college writing (written/oral language concerns), ESL


Writing Center 


Run by the English Department; currently open only to students in the Humanities or to students taking HSS classes.


SPECIALTY:  College-level essay; ESL and grammar


Academic Dishonesty

The University's policy on academic dishonesty is that the faculty may assign an F in the course and send a formal report to the Vice President for Student Affairs for possible university-level disciplinary action. Do your own, individual work. Maximize your personal growth as a scholar. Do not copy solutions from any student or from any other source. CSUF values intellectual and personal integrity within the learning process. See the current catalog for complete details.


Receiving Email

Throughout the semester, you will receive many emails from me (usually via Blackboard)—if your mailbox is not full and if you have a correct email address listed at Blackboard.  To ensure that your mailbox is not full, check your settings for the software you use for sending and receiving email.  Some examples are:

1.       Microsoft Outlook Express


Click on:  Mail tab

Select an Internet mail account and click on:  Properties

Click on:  Advanced tab

Under “Delivery”, be sure that there is nothing in the box to the left of “Leave a copy of messages on server”.

2.       Microsoft Outlook

Tools—E-mail Accounts

To view or change existing e-mail accounts, click on:  Next

Select an e-mail account.

Click on:  Change

Click on:  More Settings

Click on:  Advanced tab

Under “Delivery”, be sure that there is nothing in the box to the left of “Leave a copy of messages on server”.

Please note that the default email for you in Blackboard is probably a CSUF email account, unless you have changed your email address in Blackboard.  If you prefer a different email address, then change the email address in Blackboard.


Computer Laboratory Assignments (details of each assignment will be posted at Blackboard during the course):

Step 1:  Write your assignments using Microsoft Word and a 14-point font.  Use your own words.  If you use any quotations, keep the quotations short, use quotation marks, and show the references.  

Step 2:  Include a reference section after your conclusions and before your appendices.  Include all types of references in good form, including complete Internet references.  Your references must be complete.  Any reader should be able to find the referenced resource online or in a library.

Step 3:  Place in appendices all computer screens you are using.  Use the print screen key and then paste the screens into your Microsoft Word files.

Step 4:  Check your spelling and grammar.

Step 5:  Print one copy of your assignment to submit to me. 

Step 6:  Upload your paper to:

You will be provided with separate, detailed guidelines for each assignment at Blackboard.

Computer Laboratory Assignment Standards:

Check your spelling and grammar. Word, Excel, and PowerPoint have spell checking capabilities. You will receive lower grades if there are spelling errors or grammar errors.

Do your own work. In my sections, there will be NO group assignments. While you may discuss with others in the course the concepts of the course, you may not submit identical or similar solutions to assignments. Use your own words, computations, and formats. Do not copy solutions from any source. If you cannot explain your own answers, then I must assume that you did not author them. All cases of plagiarism will be reported in writing to the Vice President for Student Affairs.



Written Assignment Guidelines:


Use Microsoft Word’s Header and Footer (under View) to identify each assignment and the author.

Use page numbers.

Include a title for each assignment.

Use subheadings.

Include references in the body of your paper (where you use them) and complete references at the end of the paper.

Use quotation marks when you quote others.

Label the sources of any charts or tables you copied from Web sites or from printed materials.

Check your spelling and grammar with Microsoft Word.

Use 14-point fonts.


Confuse its and it’s.

Use etc. (or "and so on") when the reader cannot complete the series.

Example 1: Number each page: 1, 2, 3, etc.

Example 2: My favorite things are: stars, birds, etc.

Assignment References

If your assignment requires references, include page number references within the body of the paper.

SAP Hands-on Assignments:  During the course, you will be provided with SAP R/3 accounts and with detailed instructions on how to complete your SAP R/3 hands-on assignments at Blackboard.

Assessment Statement:

The main purpose of the degree program at the Mihaylo College of Business & Economics (MCBE) at Cal State Fullerton is to provide you with the knowledge and skills that prepare you for a successful career in business.  In order to assist us in achieving this goal, we will use a number of assessment tools to track your progress throughout the MCBE curriculum.  Please expect to participate in MCBE assessment activities in several of your courses while at the MCBE.  As you do so, you will assist us in identifying our program’s strengths and weaknesses as well as areas for potential improvement.  In other words, you are making an important investment in the value of your degree.

Instructor: Paul Sheldon Foote

Education: BBA, The University of Michigan--Ann Arbor; MBA, Harvard Business School; Advanced Professional Certificate in Accounting, New York University; Ph.D., Michigan State University. Legal studies, New England School of Law. Persian language studies, Harvard and Michigan State. Arabic language studies, New York University and Michigan State University.

Teaching Experience: University of California, Irvine; University of Washington; Chapman University; Sultan Qaboos University (Sultanate of Oman); Pepperdine University; New York University; Oakland University; Saginaw Valley State University; University of Windsor (Canada); University of Michigan—Flint; Michigan State University.

University Administration Experience:  Associate Dean, Chapman University.

Publications: CORPORATE PROFITABILITY: Determinants and Forecasts, University Microfilms International, Ann Arbor, Michigan, 1983; numerous articles, especially in the Journal of Business Forecasting.

Public Accounting Experience: Touche Ross [now Deloitte and Touche], Los Angeles, 1988.

CPA Review Experience: California State University, Fullerton CPA Review, 1998 – present. Conviser-Duffy, 1997. The Mark Dauberman CPA Review Course [now Mark’s CPA Review], Los Angeles, 1988-1990. Formerly in New York City with: Conviser-Miller; Lambers.

CMA Review Experience: Malibu Publishing Company.

Consulting and Seminar Leading Experience: Financial Forecasting; What A CPA Should Know About Investment Decisions; Audit Sampling; Strategic Planning and Information Systems; Fundamentals of EDP Auditing; Compilation and Review of Forecasts and Projections; Audit Risk, Sampling and Materiality. Internal Control Systems and Fraud Auditing consulting.

Business Experience: Singer Sewing Machine Company (Greece, Iran, Turkey, Lebanon, Morocco); Citicorp (Lebanon and India); Mutual of New York (New York City); Barclays Bank (London, England).

Governmental Experience: United States Department of Commerce (Iran); The Regional Development Fund (Oslo, Norway).

Military Experience: United States Army, Vietnam.

Expert Witness Experience: have served as an expert witness in litigation involving accounting, 1989.