STATE UNIVERSITY OF NEW YORK

COLLEGE AT OSWEGO

SCHOOL OF BUSINESS

 

ACC 302

Intermediate Accounting II

 

Spring 2004

 

Prof. Florence Kirk                                                      Meeting Times:                        

      Office: 207 Rich Hall                                                    Tues and Thurs         9:35 - 10:55 a.m.

      Phone: 312-2934                                                   Office Hours:               

      fax:      312-5440                                                         Tuesday                   2:10 -   2:40  p.m.

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

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

                                                                                          Thursday                  2:10 -   2:40  p.m.

                                                                                                                          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.  Major topics of this second semester of the two-semester Intermediate Accounting sequence include: liability accounting, financial reporting of income taxes, debt, leases, pensions, earnings-per-share, and preparation of the Statement of Cash Flows.

 

Prerequisites:

The prerequisites for this course include: a grade of C- or better in the first Intermediate Accounting course and 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 PC-compatible, Windows-based personal computers and spreadsheet software.  Students without the required prerequisites 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 projects 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 five tests.  All remain the property of the instructor.  Use of a calculator during tests is strongly advised; however calculators may not be shared among students during tests.  The dates of the tests and the grading scheme are as follows:                         

                                                                Percent contribution to course grade

Quiz 1            Tuesday, February 10                                       10%

Exam I          Monday, March 1                                            20%

Exam II          Monday, March 29                                          21%

Quiz 2            Tuesday, April 20                                             11%

  Final Exam     Thursday, May 13                                            23%

  Written assignments                                                                  8%

  Class participation, instructor discretion                                     7%

                                                                                               100%

  Only for medical reasons (documentation required) or very exceptional circumstances (with prior approval from the instructor) will a student be excused from a test.  There are no make-up tests in this course.  Students missing quizzes or exams without documented medical reason or without instructor's approval will receive a grade of zero for the exam.  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 12    pages 570-586  

2

 

1/29

 

Thursday

   Appendices           12A+12B

 Chapter 13

E12-6, E12-8, E12-9, P12-9

 

3

 

2/3

 

Tuesday

 

 Chapter 13

 

E12-19, P12-10, E13-6, E13-9

 

4

 

2/5

 

Thursday

 

 Chapter 14

E13-4, E13-10, P13-8, E13-7

 

5

 

2/10

 

Tuesday

 

 Quiz 1

P14-1, P14-3, P14-8

 

6

 

2/12

 

Thursday

 

 Chapter 14

E14-15, E14-16, E14-19, P14-14

 

7

2/17

 Tuesday

 Chapter 15

E14-23, E14-24, E14-25

8

 

2/19

 

Thursday

 

 Chapter 15

E15-4, E15-5, E15-13

 

9

 

2/24

 

Tuesday

 

 Chapter 15

E15-6, E15-13, E15-16, E15-25, E15-29

 

10

 

2/26

 

Thursday

  review

 

11

 3/1

Monday

 

  E x a m  I

 

 

 

 

 3/2

 

Tuesday

 

 

 

12

 

 3/4

 

Thursday

 

 Chapter 16

 

 

13

 3/8

 Monday

 

 Chapter 16

E16-9, P16-4, E16-15, E16-16

 

 

 

 3/9

 

Tuesday

 

 Chapter 16

E16-5, E16-13, P16-1, E16-23, E16-24

 

14

 

3/11

 

Thursday

 

 Chapter 17

E17-1, E17-2, E17-7, E17-11

 

 

3/16

Tuesday

                  S p r i n g 

 

 

3/18

Thursday

                                       B r e a k

 

15

3/23

Tuesday

 Chapter 17

P17-8, P17-4, E17-21

 

16

 

3/25

 

Thursday

 

     review

E17-18, P17-14

17

3/29

Monday

 

   E x a m   II

 

 

3/30

Tuesday

 

 

 

 

18

 

 4/1

Thursday

 

 Chapter 19

E19-3, E19-4, E19-6

 

19

 

 4/6

 

Tuesday

 Chapter 19

E19-10, E19-12, P19-2, P19-9

 

20

 

 4/8

 

Thursday

 

 Chapters 19, 20

E19-15, E19-16, P19-5, P19-13

 

21

4/13

 Tuesday

 Chapter 20

 

E20-2, E20-9, E20-10

 

22

 

4/15

Thursday

 

 Chapter 20

 

E20-14, P20-6, P20-7

 

23

 

4/20

 

Tuesday

 

 Quiz 2

 

 

24

 

4/22

 

Thursday

 

 Chapter 22

 

 

25

 

4/27

 

Tuesday

 Chapter 22

E22-2, E22-11, E22-14, E22-23

 

26

 

4/29

 

Thursday

 

 Chapter 22

E22-12,P22-8,

 

27

 

5/4

 

Tuesday

 

 Chapter 22

P22-4, P22-10

28

5/6

Thursday

 Chapter 21

P22-11

 

 

5/13

Thursday

                  Final Exam:   8:00 am – 10:00 am