STATE UNIVERSITY OF NEW YORK

COLLEGE AT OSWEGO

SCHOOL OF BUSINESS

 

ACC 301

Intermediate Accounting I

 

Spring 2004

 

Prof. Florence Kirk                                                      Meeting Times:                        

      Office: 207 Rich Hall                                                    Tuesday                 3:55 - 5:15 p.m.

      Phone: 312-2934                                                         Thursday                3:55 - 6:25 p.m.

      fax:      312-5440                                                   Office Hours:     

      email:   fkirk@oswego.edu                                      Tuesday                      5:30 - 6:30 p.m.

                                                                                           Wednesday           1:30 - 4:00 p.m.

                                                                                           Thursday               6:30 – 7:00 p.m.

                                                                                              and by appointment

                                                                                             

Course Syllabus

 

Objectives:

This course provides coverage of principles, procedures and reporting requirements underlying the preparation and interpretation of external financial statements of profit-seeking corporations.  The primary objective of this course is student mastery of the rationale and procedures of current accounting practices.  Discussion of theory is integrated with real-world applications.  A secondary objective is improvement of students' analytical skills by developing the ability to critically evaluate current accounting standards and by solving a variety of accounting problems.  The focus of this first semester of the two-semester Intermediate Accounting sequence is asset recognition and measurement. 

 

Prerequisites:

The prerequisites for this course include: a grade of C- or better in a two-semester course in introductory accounting (ACC 201 and ACC 202 or equivalent), an introductory course in general business organization, and a working knowledge of IBM-PC-compatible, Windows-based personal computers and spreadsheet software.  Students without adequate academic background should not remain in this course. Those who choose not to drop this course within the initial drop period will not be allowed to withdraw later because of inadequate academic preparation.

 

Materials:

Required:  Intermediate Accounting, third edition; Spiceland, Sepe and Tomassini

      (McGraw-Hill/Irwin, 2004)

­

Procedure:

Classes will be primarily lecture and demonstration.  Written  responses to text homework assignments are required, will occasionally be collected, and should be brought to any meetings with the instructor during office hours.  Homework will  include computer applications and a term project which assume knowledge of EXCEL.   Late assignments will not be accepted.  Students should be prepared to discuss assignments in class when called upon by the instructor.  

 

 

 

Classroom Etiquette:

To avoid class disruption, students should refrain from private communication with one another while class is in session.  Students repeatedly involved in private communication during class time will be asked to leave.   Students may not eat or sleep while class is in session.  Students appearing to be inattentive will be asked to leave. Unprofessional class comportment will result in a lowered or a zero grade for class participation and instructor discretion.  Serious violations of classroom etiquette will result in a final semester grade penalty.

 

Attendance Policy:

Attendance is required in all classes.  More than three absences for any reason will negatively impact the course grade.  Unless a student is hospitalized, excessive absences (five or more) will result in a student being dropped from the class roster or a final semester grade penalty.   Students missing class for any reason take full responsibility for missed material.

 

Tests and Grading:

There will be four quizzes and three examinations.  All tests are cumulative and comprehensive.  They remain the property of the instructor.  Use of a calculator during tests is strongly advised; however calculators may not be shared among students during testing situations.  The dates of the quizzes and exams and the grading scheme are as follows:                              

                                                                Percent contribution to course grade

Quiz 1            Thursday, February 5                                          8%

Quiz 2            Thursday, February 19                                         8%

Quiz 3            Thursday, March 4                                              8%

Exam I            Thursday, March 11                                       15%

Exam II         Thursday, April 8                                              18%

Quiz 4            Thursday, April 22                                            11%

  Final Exam     Thursday, May 13                                            22% 

  Assignments, class participation, instructor discretion                10%

                                                                                                100%

  Only for medical reasons (documentation required) or very exceptional circumstances (with prior approval from the instructor) will a student be excused from a quiz or an exam.  There are no make-up tests in this course.  Students missing tests without documented medical reason or without instructor's approval will receive a grade of zero.  Students missing a test for the acceptable reasons discussed above will have the final exam grade re-weighted accordingly.

  Cheating and other forms of dishonesty are expressly prohibited under the Code of Student Rights, Responsibilities and Conduct.  Dishonesty will result in a grade of E for the course as well as appropriate disciplinary action

 

Special Circumstances:

Students who have a disabling condition which might interfere with their ability to successfully complete this course should consult confidentially with the class instructor or contact the Office of Disability Services (phone 312-3358).  Any student needing specific instructor accommodation for physical or other disability must discuss his or her requirements with the instructor within the first two weeks of class.

 

Add/Drop process and course withdrawal policies:

              It is the responsibility of the students to be fully informed of the college catalog policies regarding course add, drop and withdrawal policies.

 

Syllabus:

              This syllabus should be considered a general guide subject to change and augmentation at the instructor's discretion.              



 

Block

 

 

 

 

 

Class topic

 

Assignments by due dates

 

1

 

1/27

 

Tuesday

 

Chapter 1

 

E1-4, E1-5

 

2

 

1/29

 

Thursday

 

Chapter 2

 

E1-8, E1-11

 

3

 

2/3

 

Tuesday

 

Chapters 2, 3

 

E2-4, E2-8, P2-10

4

 

2/5

 

Thursday

 

Chapters 3, 4

   Quiz 1

 

P2-12, P3-1

 

5

 

2/10

 

Tuesday

 

 Chapter 4

 

E3-1, E3-12, E3-14, E4-6

 

6

 

2/12

 

Thursday

 

 Chapter 5

 

E4-4, E4-6, E4-7, E4-8, E4-9, E4-10

 

7

2/17

Tuesday

 

 Chapter 5

 

E5-3, E5-13, P5-2

8

 

2/19

 

Thursday

   Quiz 2

E5-8, E5-9, P5-9

 

9

 

2/24

 

Tuesday

 

 Chapter 6

 

 

 

10

 

2/26

 

Thursday

Chapters 6, 7

 

E6-8, E6-9, E6-10, E6-14, E6-17, E6-18

 

11

 

 3/2

 

Tuesday

 

Chapter 7

 

E7-3, E7-7, P7-1

 

12

 

 3/4

 

Thursday

 

Chapter 7

   Quiz 3

 

 E7-9, E7-11, E7-21

 

13

 3/9

 

Tuesday

 

Chapter 7

 

 E7-24, P7-3, P7-5, P7-6

 

14

 

3/11

 

Thursday

 

   Exam  I

 

 

 

Tuesday

                       Spring

 

 

 

Thursday

 

                                   Break

15

3/23

Tuesday

Chapter 8

 

 

16

 

3/25

 

Thursday

 

Chapter 8

 

E8-3, E8-4, E8-6, E8-7, E8-9, P8-6

 

17

 

3/30

 

Tuesday

 

Chapter 9

 

P8-8, Case 8-6, Case 8-7

 

18

 

 4/1

 

Thursday

 

Chapter 9

 

P8-11, E9-1

 

19

 

 4/6

 

Tuesday

 

  review

 

E-9-4, E9-6, E9-12, E9-26 P9-4, P9-14

 

20

 

 4/8

 

Thursday

     Exam  II

 

21

4/13

 Tuesday

 

Chapters 9, 10

 

 

 

22

4/15

 

Thursday

 

Chapter 10

 

E9-21, P9-9, P9-10, E10-1

 

23

4/20

 

Tuesday

 

Chapter 10

 

E10-3, E10-12, E10-13, P10-8

 

24

 

4/22

 

Thursday

 

Chapters 10

     Quiz  4

 

E10-22, E10-25, P10-9

 

25

4/27

 

Tuesday

Chapter 11

 

 

26

4/29

 

Thursday

 

Chapter 11

 

E11-2, E11-8, E11-10, E11-13

 

27

5/4

 

Tuesday

 

Chapter 11

 

E11-15, E11-16, E11-21, P11-9

 

28

5/6

Thursday

 

Review

 

E11-18, E11-19

 

5/13

Thursday

                Final Exam:   2:00 - 4:00 p.m.