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ACC 302 Intermediate Accounting II
Spring 2012
Professor: Kam C. Chan, Ph.D.
Office: Goldstein 220 (Phone: 914-773-3912; Email: kchan@pace.edu)
Office Hours: Tuesday 9:30 am – 11 am; Thursday 9:30 am - 11 pm and 1:30 to 3:30 pm
Course Objective:
This course examines the accounting theory and practice that are involved in preparation of financial statements.
Textbook:
1. The textbook for the course is Volume II of Kieso, Weyandt, and Warfield: Intermediate Accounting (14/e). A
copy of the survival guide is available on reserve in the Pleasantville’s Mortola Library. Some course materials
are available online at the course website at Blackboard.pace.edu.
Course Requirements:
1. Grading will be based on a total of 272 points:
Quizzes (6@12 points each)
Mid-term Exam
Final Exam
Total
2.
3.
4.
5.
6.
7.
8.
9.
72 points
100
100
272 points
Tentative scale:
93% or above
90% - 92%
87% - 89%
83% - 86%
80% - 82%
75% - 79%
A
AB+
B
BC+
68% - 74%
61% - 67%
56% - 60%
50% - 55%
49% or below
C
CD+
D
F
Reading and homework assignments should be completed prior to the class meetings. Advanced preparation of
homework is essential to good performance in this course. You should always bring your textbook, homework,
and a calculator to the class. In addition to the textbook and class lecture notes, I strongly encourage you using
the survival guide in the library to prepare for the quizzes and exams. You can come to see me or visit the
accounting lab at Goldstein for additional help.
Quizzes are normally given at the beginning of the class indicated in the syllabus. Of the eight quizzes given,
six will be counted, up to a maximum of 72 points. Quizzes consist of short and long problems. No make-up
quiz will be given if you miss the quiz for any reason or come to class late. No extra time will be given if
you come to class late on the day of the quiz. No points will be given for a missed quiz. Quiz # 6 is a takehome quiz due March 22.
If you are unable to attend the mid-term or final exam, you must contact me prior to the exam or within
24 hours after the scheduled exam. It is your responsibility to contact me by phone or by email. I need to
hear from you personally. A doctor’s letter is needed for serious sickness and a letter from your senior
supervisor is needed for extremely unexpected work emergencies. Business travel, working overtime,
filling in for co-worker, and vacation plans, etc., are unacceptable reasons. A grade of zero will be
assigned to the missed exam for unacceptable reason or failure to contact me timely. If you miss a midterm exam for an acceptable reason and have contacted me timely, the make-up mid-term exam will be
taken according to my schedule. It is your responsibility to rearrange your schedule to take the make-up
exam. If you request a make-up exam, I will review your Pace academic record.
The mid-term and final examinations consist of multiple-choice questions.
If a class was cancelled on the day of a quiz or mid-term exam, the quiz or exam would be automatically
postponed to the next class without further notice. If a class was cancelled, you MUST login to Blackboard
and your Pace email account to complete any self-study materials and assignments posted by me.
Calculator with programming or text-storing functions and calculator with a typewriter-like keypad cannot be
used in quizzes and exams. Students cannot share calculator in any quizzes and exams.
You can access this course’s website at blackboard.pace.edu. The site has course outline, announcements and
other supplemental materials.
Cell phone or other electronic communication device MUST be turned off during the class period. Please don’t
send/receive text messages or surf the Internet in class. The use of any electronic communication device
during quizzes and exams is considered cheating. If you need to use a computer or e-book in class, you
HAVE to sit in the front row. Please charge your device before class.
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10. The University’s commitment to equal educational opportunities for students with disabilities includes
providing reasonable accommodations for the needs of students with disabilities. To request an accommodation
for a qualifying disability, a student must self-identify and register with the Coordinator of Disability Services
for his or her campus. No one, including faculty, is authorized to evaluate the need and arrange for an
accommodation except the Coordinator of Disability Services. Moreover, no one, including faculty, is
authorized to contact the Coordinator of Disability Services on behalf of a student. For further information,
please see Information for Students with Disabilities on the University’s web site.
Tentative Course Schedule:
1/19 Read: Chapter 15 Stockholders’ Equity
Do: E15-1, E15-5, P15-2, E15-12, E15-14, E15-15
1/26 Read: Chapter 16 Dilutive Securities and Earnings Per Share
Do: E16-1, E16-7, E16-9
Quiz #1: Chapter 15
2/2
Do: E16-16, E16-22, E16-27, E16-26, P16-5
Quiz #2: Chapter 16
2/9
Read: Chapter 17 Investments
Do: E17-3, E17-4, E17-6, E17-7
Quiz #3: Chapter 16
2/16 Read: Chapter 21 Accounting for Leases
Do: E21-1, E21-2, E21-8
Quiz #4: Chapter 17
2/23 Do: P21-1, E21-7, E21-4
3/1
Mid-term exam (Chapters 15, 16, 17, and 21)
Read: Chapter 18 Revenue Recognition
Do: P18-2, P18-6, P18-7
3/8
Read: Chapter 19 Accounting for Income Taxes
Do: E19-2, E19-4, E19-5, E19-8
Quiz #5: Chapter 18
3/22 Do: P19-5, E19-14, E19-15
Quiz #6: Take-home quiz on IFRS; due March 22 in class at 6 pm; late work will
not be accepted.
3/29 Read: Chapter 20 Accounting for Pensions and Postretirement Benefits
Do: E20-6, E20-5, E20-8, E20-1
Quiz #7: Chapter 19
4/5
Do: P20-2
Quiz #8: Chapter 20
4/12 Read: Chapter 22 Accounting Changes and Error Analysis
Do: E22-14, E22-10, BE22-4, E22-13, E22-15, E22-16
4/19 Read: Chapter 23 Statement of Cash Flows
Do: E23-11, E23-12, P23-2
4/26
Final Exam (Chapters 18, 19, 20, 22, and 23)