Page 1 of 6
Accounting 3312-002 and 090
Intermediate Accounting II
Spring 2014
Instructor:
Name: Dr. Robert E. Guinn
Office: 268A Friday
Ph. #: 704-687-7671: E-mail: reguinn@uncc.edu; Fax Number: 704-687-1382
Website: http://www.belkcollegeofbusiness.uncc.edu/reguinn/
Classes
3:30 - 4:45 p.m.
5:00 - 6:15 p.m.
TR.
TR.
Room
Friday 122
Friday 122
Office Hours
2:00 -3:30 p.m., TR
Or by appointment
Course Description - ACCT 3312. Intermediate Financial Accounting II. (3)
Prerequisite: ACCT 3311 with a grade of C or better. A continuation of ACCT 3311 with
emphasis on financial reporting for liabilities and stockholders equity. Also a number of
special topics including the accounting for investments and the statement of cash flows.
Enrollment limited to majors in the College of Business. (Spring, Summer) (Evenings).
Textbook: Intermediate Accounting, Kieso, Weygandt and Warfield.
15th ed., John Wiley & Sons, Inc., 2013 – ISBN-13 978-1-118-14729-0
Companion Website
The text has a free companion website for students with check figures, IFRS Supplements,
self tests, and other materials you may find useful.
Wiley Plus
If you (1) took Acct 3311 during either Summer 2013 or Fall 2013 and (2) bought the text
at either the on-campus or Grays bookstores, then you should have access to the Wiley
Plus system which includes additional problems and other resources that you may find
useful.
Recommended Supplement
Intermediate Accounting Study Guide for textbook, (Vol. 2: Chapters 15-24), 15th
edition
Class Notes for Intermediate Accounting II, Acct. 3312 (Chapter Outlines, Demo.
Problems, etc.) will be placed on the instructor’s Moodle website throughout the
semester..
Page 2 of 6
Objectives and Scope of Course:
The objectives of the course are to continue the review of accounting theory and
concepts, begun in Intermediate Accounting I, and to analyze special problems that arise in
applying these concepts to financial accounting. Special emphasis will be given to
corporations, transactions affecting current and long-term liabilities, owners' equity accounts,
investments, accounting for long-term contracts and installment sales, income tax allocation,
leases, accounting changes, and cash flow statements .IFRS and international accounting
practices will be compared to GAAP through assigned problems and class discussion.
The format of the course will be lecture and discussion.
Upon the successful completion of the course, students should:
1.
2.
Have a good understanding of accounting standards and their application for those
topics which are covered in the course.
Have further developed their analytical skills in solving financial accounting
problems.
Determination of Grade
Course activities will carry the following weights:
Points
Examination #1
Examination #2
Examination #3
Final (Comprehensive)
Homework and special problems
Total
Grading Scale
(% of total pts.)
90 – 100% (450-500 pts.)
80 - 89% (400-449 pts)
70 - 79% (350-399 pts)
60 - 69 % (300-349 pts)
Below 60% (299-0)
Dates
100
100
100
150
50
Feb. 4
Feb. 27
Apr. 8
May 6 or 8
Daily
500
Grade
A
B
C
D
F
Class Policies, Homework, Etc.
1. Homework- Homework assignments are a part of the course requirements.
Homework assignments consist of exercises, problems or cases assigned from the
textbook. At least 35 to 40 exercises, problems, or cases will be taken up at the end of
the class period. Chapter assignments are collected in the following class period after
the chapter is completed. A grade of S (Satisfactory) or U (Unsatisfactory) will be
assigned to each item turned in. Honest attempts must be made to complete each part
of the assignment. Those elements of homework which receive a grade of S and are
Page 3 of 6
2. turned in on a timely basis will be worth 1 point each. Homework assignments put in
my mailbox, emailed, or slipped under my door will not be graded. Credit will not be
given for copied solutions. At least 30 of the assignments must receive a grade of S in
order to receive the maximum points (30) allocated to homework. Late homework
will not be accepted.
One or more special problems will be assigned during the semester and will count up
to 20 points. Solutions to these problems are not available until after they have been
graded.
2.
No make-up tests will be given. If a student misses a test without a satisfactory
excuse, the grade will be recorded as a zero. If you give me a satisfactory written
excuse within 7 days of the test, your percentage grade on the final examination will
be substituted for the missed test. Also, those students who take all three
examinations during the semester will have their percentage grade on the final
substituted for the lowest grade if it raises their average.
3.
Misconduct in class. Students are expected to be attentive in class. This means that
talking among students is prohibited while the instructor is lecturing or presenting
solutions to homework assignments. Cell phones and beepers must be turned off.
Talking during a lecture is not allowed. Misconduct of a student in class (example –
sleeping during class) is considered discourteous to other students and to the
instructor and thus may cause the student's grade to be reduced by a letter grade,
according to my discretion.
4. Conduct during examinations. All books, notes, scratch paper, etc., must be left
outside the classroom or placed in the front of the room before the test. Eyes should
not wander to other test papers. Action will be taken against a student suspected of
academic dishonesty, which may cause an F to be received in the course. See
UNCC's policy concerning Academic Integrity, which is noted as item 9.
5.
Use of calculators. Students may use but not share calculators during the
examinations.
6. Class policy prevents smoking, food, or drink in the classroom. Please observe this
policy.
7. Class attendance. Class attendance. Students are expected to attend punctually all
scheduled sessions and to complete the work assigned. Arriving to class late or leaving
early counts as an absence. Attendance is taken daily and excessive absences may affect
the final grade and recommendations for scholarships, graduate school and employment.
Page 4 of 6
8.
Diversity: The Belk College of Business strives to create an inclusive
academic climate in which the dignity of all individuals is respected and
maintained. Therefore, we celebrate diversity that includes, but is not
limited to ability/disability, age, culture, ethnicity, gender, language, race,
religion, sexual orientation, and socio-economic status.
9.
Academic Integrity:
Students have the responsibility to know and observe the requirements of The UNCC
Code of Student Academic Integrity . This code forbids cheating, fabrication or
falsification of information, multiple submission of academic work, plagiarism, abuse
of academic materials, and complicity in academic dishonesty. Any special
requirements or permission regarding academic integrity in this course will be stated
by the instructor, and are binding on the students. Academic evaluations in this
course include a judgment that the student's work is free from academic dishonesty of
any type; and grades in this course therefore should be and will be adversely affected
by academic dishonesty. Students who violate the code can be expelled from UNCC.
The normal penalty for a first offense is zero credit on the work involving dishonesty
and further substantial reduction of the course grade. In almost all cases the course
grade is reduced to F. Copies of the code can be obtained from the Dean of Students
Office. Standards of academic integrity will be enforced in the course. Students are
expected to report cases of academic dishonesty to the course instructor.
Page 5 of 6
Accounting 3312-002 & 090
Schedule
Spring 2014
T. R.
Date
Jan.
Feb.
Topic
9R
Homework
Orientation
Current Liabilities
Chapter 13
E2,E3,E5,
14 T
Current Liabilities
Chapter 13
E11,E12,P7,P10
IFRS 4,7,9 &
Self-Test Quests.
16 R
Long-Term Liabilities
Chapter 14
E4,E5,E12,E14
17 F
Last day to register, add, drop course with no record, or change grade type
21 T
Long-Term Liabilities
Chapter 14
E16,E26,P1,P2
P9, IFRS 1,5,6
23 R
Stockholders' Equity:
Contributed Capital
Chapter 15
E5,E12,E14,E15,
28 T
Stockholders' Equity:
Contributed Capital
30 R
Review
4 T
Examination # 1, Chapters 13, 14 & 15
6 R
Dilutive Securities and
Earnings per Share
11 T
Mar.
Reading
Assignment
"
"
E18,E21,P2,P3
Chapter 16
E2,E9,E10,E29
Chapter 16
E18,P5,P8
13 R
Investments
Chapter 17
E3,E7,E9
18 T
Investments
Chapter 17
E16,P7
20 R
Investments
Chapter 17
P10
25 T
Review
27 R
Examination # 2, Chapters 16 and 17
4&6
Spring Break
11 T
Revenue Recognition
Chapter 18
E12,E15,E18
Page 6 of 6
T. R.
Date
Mar
Apr.
May
Topic
Reading
Assignment
Homework
13 R
Revenue Recognition
Chapter 18
P6,P7,P8
18 T
Revenue Recognition
Chapter 18
E19,E21,E23,P11
IFRS 1,2
20 R
Accounting for Income Taxes
Chapter 19
E1,E5,E11
26 M
Last day to withdraw with W
And retain other courses
25 T
Accounting for Income Taxes
Chapter 19
E13,E17,P4
27 R
Accounting for Income Taxes
Leases
Chapter 19
Chapter 21
E18, E23
E3,E8,E11
1 T
Leases
Chapter 21
P4,P5,P6,E14
3 R
Review
8 T
Examination # 3, Chapters 18, 19 & 21
10 M
Last day to withdraw from all
Courses with a W
10 R
Accounting changes
and error analysis
Chapter 22
E11,E13,E18
15 T
Accounting changes
and error analysis
Chapter 22
E19,P8
15 T
Last day to withdraw from all courses with “W” grades
17 R
Cash flow Statement
Chapter 23
E1,E5,E9
22 T
Cash flow statements
Chapter 23
E11,E12
24 R
Cash flow statements
Chapter 23
E13,P6,P8
29 T
Review (Last day of class)
6 T
Comprehensive final Exam (For 5 pm class –ACCT 3312-090) 5-7:30 pm
8 R
Comprehensive final exam (For 3:30 pm class – ACCT 3312-002) 2-4:30 am