San Jose State University
Intermediate Accounting II – BUS 121B
Fall 2007
Prof. Elizabeth Grace
Office hours: TTh 1:15- 3 pm
8:30 am by appointment
Office: BT862
Telephone: (408) 924-3474
e-mail: grace_e@cob.sjsu.edu
"The best thing for being sad," replied Merlin, beginning to puff and blow, "is to learn something.
That is the only thing that never fails. You may grow old and trembling in your anatomies, you
may lie awake at night listening to the disorder of your veins, you may miss your only love, you
may see the world around you devastated by evil lunatics, or know your honour trampled in the
sewers of baser minds. There is only one thing for it then - to learn. Learn why the world wags
and what wags it. That is the only thing which the mind can never exhaust, never alienate, never
be tortured by, never fear or distrust, and never dream of regretting. Learning is the thing for you.
Look at what a lot of things there are to learn." Theodore White, The Once and Future King.
I. Course Prerequisite: BUS 121A- Intermediate Accounting I with a grade of C or better
II. Required Text: Intermediate Accounting, 12th edition, Kieso, Weygandt and Warfield.
Solutions manual with answers to homework assignments is available for purchase at Maple
Press.
III. Course Policy
A. Class Attendance
In this course, I encourage you to join in classroom discussions and bring problems and
questions to class. This means that in order to receive the maximum benefits from classroom
time, you will need to read the assigned topics and attempt the homework before coming to class.
It is obvious that you will both need and be expected to attend all class meetings. You also
must be prepared to take part in class discussions. This does not mean that you should have all
topics mastered and learned, or there would be no reason for class. It does mean that you
should not be hearing about the topic for the first time in class.
B. Homework Assignments
Homework is for your own benefit. It will not be collected and graded. Homework should be
completed before the class for which it is assigned, as homework often serves as a basis for
classroom discussions.
C. Exams
Course grades are determined by grades on three midterm examinations and a final
examination, all of which are equally weighted. Student grades will be based on the three highest
scores on the four examinations. Since students are effectively allowed to drop the lowest exam
score, there will be no make-up examinations. If an exam is missed, the grade on that exam will
be a zero and will be dropped as the lowest score. The final exam is cumulative.
D. Academic Standards
Students majoring in accounting need to begin learning professional behavior before leaving
the University. Professional behavior includes treating classmates and your professors with
respect. It also means that you should approach your work in this class as diligently as you
would perform on the job. All work is to be completed on time and prepared professionally. Your
work should be complete and error-free. Obviously, all work submitted must be your own work.
You may neither give nor receive help from any source unless your professor explicitly
allows it.
E. Course Grading
Total points available in the course add to 300. Grades will be assigned as follows:
Points Earned
270 – 300
240 – 269
210 – 239
195 – 209
0 – 194
Letter Grade
A
B
C
D
F
IV. Semester Assignment Schedule
Week Of
Topic
Reading
Assignment
Homework
Assignment
Aug. 23
Course Administration
Concepts of Present and
Future Value
Ch. 6
E6.3, 4, 5, 6, 10, 11, 17
Aug. 28
Debt Securities
Ch. 14
E14.8, 9, 10, 12, 16, 17
Sept. 4
Debt Securities
Sept. 11
Leases
Sept. 18
Leases
Sept. 25
Exam 1 on Sept. 25
Deferred Taxes
E14.25,26: P14.1
Ch. 21
E21.1, 2, 7, 8, 9
E21.10, 11,14
Ch. 19
E19.1, 2, 3
Oct. 2
Deferred Taxes
E 19.6, 7, 9
Oct. 9
Deferred Taxes
E19.17, 22, 23
Oct. 16
Shareholders’ Equity
Oct. 23
Shareholders’ Equity
Oct. 30
Exam 2 on Nov. 3
Earnings per share
Nov. 6
Earnings per Share
Nov. 13
Earnings per Share
Statement of Cash Flows
Nov. 20
Statement of Cash Flows
Thanksgiving, Nov. 22
Nov. 27
Statement of Cash Flows
Dec. 4
Exam 3 on Dec. 4
Course wrap-up
Ch. 15
E15. 2, 4, 6, 8
E15.13, 17, 21
Ch. 16
E16. 1, 5
E16. 8, 11, 13, 17, 18, 21
Ch. 23
E16.24, 25, 27
E23.9, 11, 12
Ch. 22
E23.13, 15
P23.4
Final exam Date:
Dec. 18, 7:15 am
Dec. 17, 9:45 am
Class Meeting:
9am-10:30
10:30am-noon