Chesapeake College
Wye Mills, MD 21679
Course of Study
ACC 204 Section 201 Intermediate Accounting II,
3 credit hours Spring 2013
Tuesdays 6:30pm-9:15pm, 01/22/2013 – 05/07/2013 Room: HUM 113
Instructor: Tracy Brinckerhoff, CPA, MS
Phone: (410) 479-0555 (home), (410) 310-9285 (cell)
Email: tbrinckerhoff@skipjack.chesapeake.edu
Course Description:
An in-depth study of the nature and values of a firm’s liabilities, income taxes, retirement benefits, shareholders
equity, share-based compensation, accounting changes/error corrections & statements of cash flows. Emphasis is
given to the measurement of financial income in accordance with generally accepted accounting principles.
Statement of Goals:
1. To prepare the student for further study in the field of accounting.
2. To prepare the student to enter the accounting profession.
3. To prepare the student for questions on financial accounting in professional exams.
Common Core Learning Outcomes:
1. Define and articulate accounting terminology and standards to better communicate with industry
colleagues and apply accounting procedures.
2. Prepare financial statements.
3. Analyze and record financial transactions related to liabilities and financing instruments in a general
journal.
4. Analyze and record financial transactions related to employee pension and post-retirement benefits in a
general journal
5. Analyze and record financial transactions related to shareholder equity, share-based compensation, EPS,
accounting changes and error corrections in a general journal.
Common Course Outline of Material Included in the Course
1.
2.
3.
4.
5.
6.
7.
8.
9.
Current liabilities and contingencies
Bonds and long term notes payable
Leases
Accounting for income taxes
Pensions and other post-retirement benefits
Shareholder’s equity
Share-based compensation and earnings per share (EPS)
Accounting changes and error corrections
Statement of Cash Flow
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Instructional Materials
 Intermediate Accounting (seventh edition) by Spiceland, Sepe, Nelson with KLM/Air France case booklet
 Online Text access for homework submission at http://connect.mcgraw-hill.com
http://connect.mcgraw-hill.com/class/t_brinckerhoff_acc_204_sec_201_spring_2013
 Online Text support for check figures, web links, present/future value tables at
http://www.mhhe.com/spiceland7e
Citeria for Grading Students:
Exam I (Chapters 13,14,15)
Exam II (Chapters 16,17,18,19)
Final Exam (Chapters 20,21)
Chapter Homework (50 pts/chap.)
Chapter Case Studies (5) (50 pts/case)
100 points
100 points
100 points
450 points
250 points
1,000 points
To provide flexibility, the instructor may at her discretion, assign other projects, papers, etc., or incorporate
quizzes in the grading structure. In no event will the sum of these projects, etc., exceed 10% of the student’s grade,
and this 10% will be taken evenly from the exams.
Grading Scale:
A
B
C
D
F
Percent
90-100%
80-89%
70-79%
60-69%
Below 60%
Points
900-1,000 points
800-899 points
700-799points
600-699 points
Below 600 points
Attendance Policy:
Attendance will be taken. You cannot learn the accounting concepts as well as their application unless you attend
class and log in on a regular basis.
Homework Policy:
Following is a tentative assignment schedule for this semester. Weekly assignments vary between 4 to 6 hours.
Where applicable, homework problems may have check figures listed on the textbook website. Since homework
is a vital part of the learning process, it is expected of each student that all the problems will be attempted.
Although it is not expected that each problem will be completed perfectly, an honest attempt to complete each
problem and seek help with difficulties are encountered is necessary. Extra credit homework may be assigned at
the discretion of the instructor. Homework is set up through the online Connect software, if you have trouble
with the submission of the homework please upload your solution in Word and/or Excel through Angel in the
appropriate chapter folder.
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Homework and Exam Schedule/Assignments:
Chapter 13
Chapter 14
Chapter 15
Exam I
Chapter 16
Chapter 17
Chapter 18
Chapter 19
Exam II
Chapter 20
Chapter 21
Final Exam
Total Points
# of
Points
Homework/Exams Cases
50
50
50
50
50
100
50
50
50
50
50
100
50
50
100
100
750
250
Due Date
11:55 p.m.
1/28/2013
2/4/2013
2/11/2013
2/19/2013
3/4/2013
3/11/2013
3/25/2013
4/1/2013
4/9/2013
4/22/2013
4/29/2013
5/7/2013
Submit Exercise & Problem homework thru Connect:
Exercises:
Problems:
13-23, 13-27(appendix)
13-4, 13-11
14-5, 14-10, 14-19
14-10, 14-21
15-1, 15-3, 15-5, 15-21
15-3
16-3, 16-6, 16-14, 16-27
17-12, 17-17, 17-19
18-1, 18-22, 18-23, 18-25
19-1, 19-15, 19-24, 19-26
20-1, 20-17, 20-25
21-1, 21-15, 21-18,
16-8
17-6
18-6, 18-10
19-20, 19-18
Cases-submit via Angel
13-17 page 793
15-5 page 921
17-5 page 1074
20-17, 20-9, 20-12
21-1, 21-3
21-8 & 21-10, page 1337
Make-Up:
If a student must miss an exam due to illness, he or she must contact the instructor within a reasonable period of
time to discuss make up options. If other legitimate circumstances dictate the need for an absence from an exam,
the instructor should be contacted prior to the exam.
Note: Lack of preparation is not a legitimate reason for absence from an exam.
Withdrawal:
In order to withdraw from any Chesapeake College course, a student must complete a withdrawal form in the
Registration Office.
Academic Emergency Management Plan:
In the event that Chesapeake College needs to close for an extended period of time due to a flu pandemic, severe weather event, or
other emergency situation, consideration will be given to the timing and duration of the closer as follows:
1. Closure during the semester for up to one week – there will be an opportunity to make up work missed without significant alteration to
the semester calendar.
2. Closure extending beyond one week (or in situations where classes are cancelled on the same days/evenings over multiple weeks) – the
College may extend the length of the semester. Depending on the timing of the closure, scheduled breaks, end of semester dates, and/or
the processing of final grades might be impacted.
Students can acquire information about closures on the College website or by calling 410-822-5400 or 410-228-4360. Chesapeake
College courses held at off campus sites will follow the protocol of the host facility.
Please refer to the college catalog or the student guide for more college policies, procedures, academic calendar
and other important dates.
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