Nancy L. McClure

Color portrait of Nancy L. McClure

Instructor

Department Accounting
Office Address 307 Business Building
Phone Number 814-863-4004
Email Address nlm1@psu.edu

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Professor Nancy McClure has taught a broad spectrum of accounting and business courses at the Penn State University, including financial and managerial accounting, auditing, taxation, commercial banking, and business and industry analysis. She is currently the instructor for Smeal College’s capstone course, which is delivered to 1,800 students each year.

Nancy specializes in entrepreneurship with a focus on sustainability and social ventures. She was awarded Smeal College’s 2017 faculty sustainability award for the advancement of the teaching of sustainability and applied learning opportunities for students.

Nancy founded the Consurgo Initiative at Penn State, which provides Smeal students with an opportunity to develop business plans in partnership with entrepreneurs in lesser developed countries. At the conclusion of each semester, student teams present their business plans to a panel of executive judges in the Lion’s Cage, a Shark Tank type competition. The Consurgo Initiative has launched sustainable small businesses in Guatemala and Haiti.

Expertise

Accounting and Entrepreneurship.

Education

MA, Accounting, The Pennsylvania State University, 1987

Courses Taught

BA 411 – Analyz Bus Ind
Prepares students to obtain an enterprise-wide view of business and industry by integrating operational and financial decisions in a team and learning environment. B A 411B A 411 Analyzing Business and Industry (3) The course provides the students with a methodology for analyzing the business, introduces the students to sources of financial information available from private and public sources and trains the student to prepare and professionally present business analysis reports. The course, which adopts a user perspective, extends the students' basic knowledge of financial reporting and provides them with a broader context for understanding business that includes economic and social forces, the regulatory environment of businesses and their financial reporting, capital market operations and corporate governance. It applies concepts and decision tools that are studied throughout the curriculum such as present value, financial ratio analysis, break-even point analysis and statistical analysis.

B A 496 – Independent Studies (Variable)
Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.

ACCTG 496 – Independent Studies (variable)
Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.

ACCTG 471 – Intermediate Financial Accounting I (3)
Theory and practice issues in income concepts and value measurement; GAAP; revenues, costs, assets, liabilities, and equities. Students may not receive credit for both ACCTG 150 and 471.

ACCTG 472 – Intermediate Financial Accounting II (3)
Off-balance-sheet financing; special issues in cost capitalization, liabilities, and equities; matching; funds flow statements; statement analysis; inflation accounting.

ACCTG 211 – Financial and Managerial Accounting for Decision Making (4)
Introduction to the role of accounting numbers in the process of managing a business and in investor decision making.

B A 411 – Analyzing Business and Industry (3)
Prepares students to read, interpret, and analyze financial statements effectively in order to evaluate business entities and their industries.

ACCTG 403W – Auditing (4)
Financial, compliance, internal, and operational audits; standards and procedures; sampling; EDP auditing; professional issues; application of concepts through written responses.

ACCTG 404 – Managerial Accounting: Economic Perspective (4)
Accounting techniques as planning, control, and motivating devices in business and other organizations; accounting data for decision making and performance evaluation.

FIN 412 – Commercial Bank Management (3)
Fundamental principles underlying management of a commercial bank; capital funds; asset and liability management; value maximization; legal and operational constraints.