University of Hawaii
Shidler College of Business
ACC 323 Syllabus
Intermediate Financial Accounting II
Instructor:
Phone:
Email:
Office:
Classroom:
Office hours:
Terri Fujii, MAcc, CPA
695-4039
tfujii@cwassociatescpas.com
A408
D103
By appointment (preferably after class ends) (not more than 30 minutes per
student per appointment)
Dates:
July 8 to July 11 – T, W, Th, F - 9:00 to 10:45
July 14 to August 5 – M, T, Th, F – 9:00 to 10:45
Textbook:
McGraw Hill Irwin, Intermediate Accounting, Seventh Edition, by Spiceland,
Sepe and Nelson
Prerequisites:
C- or better in ACC 321. If you have not taken ACC 321 or had a C- or lower
grade, please go through the process of dropping this class.
Change in status:
Follow the UH process and deadlines for dropping a class. If you did not drop
the class, and do not attend the class, you will receive a grade of “F” for the
course.
Course description:
ACC 323 is the second half of Intermediate Accounting. The course will cover
accounting for investments, current liabilities and contingencies, bonds and longterm notes, leases, income taxes, pensions and other postretirement benefit plans,
shareholders’ equity, share-based compensation and earnings per share and
statement of cash flows.
Course objective:
Upon completion of the course, students should be able to apply the concepts
learned to determine the proper accounting for transactions in the areas noted
above. The objectives can only be met if the student has a good understanding of
basic accounting concepts, completes the assignments and actively participates in
the classroom learning experience.
Attendance:
In order to achieve the course objectives, students are required to attend (arriving
on time) and participate in the classes. Arriving to class more than 15 minutes
late without an acceptable reason will be considered non attendance. Attendance
will count towards 5% of the final grade. Attendance will be taken as the
instructor determines is necessary. Students are to select a seat and a seating
chart will be established on the second day of class (July 9) at which time that
will be each student’s seat for the remainder of the session. Attendance does not
just mean being physically present, but also being attentive during the class (i.e.,
not disrupting the class or other students, not sleeping, and not using electronic
devices such as cellphones). Being physically present does not guarantee points
for attendance. The instructor has the ability to deduct points for unprofessional
behavior in the classroom.
Anyone who misses a class is responsible for obtaining the information covered
during the class and for “catching up” on the missed material from fellow
students or through office hours with the instructor (for excused absences only).
Homework:
Homework assignments are provided in the attached schedule. It is expected that
homework assignments will be completed prior to coming to class, as well as
having read through the chapter, at which time the assignments will be collected
on a random basis (i.e.,. not all assignments will be collected every day). No late
submissions will be accepted unless prior approval is obtained. The solution to
the assignments may be reviewed in class if there are questions specific to the
assignment. Solutions will be posted on Laulima. Homework will account for
10% of the final grade. No points will be given if it cannot be determined who
the homework belongs to or if the homework is illegible.
Quizzes:
Four quizzes will be given during the session with the quizzes accounting for
20% of the final grade. Quizzes will be given according to the attached schedule,
but is subject to change. Quizzes will cover the subject matter since the last quiz
and may be in various formats (multiple choice, essay, problems, etc.). Quizzes
will be open book and will be for a specified period of time (i.e., 15 minutes, not
the entire class period). Illegible quizzes will not be graded resulting in 0 points.
The solutions will be posted on Laulima.
Exams:
There will be three exams during the session. The exams will cover materials
focused on during the class and in the textbook, not just the materials covered in
class. The exams will be closed books, however, each student will be allowed to
bring one 81/2” X 11” sheet of paper with notes (handwritten notes only). No
other information or aides may be used during the exams, other than basic
calculators. The first exam will cover chapters 12 to 14, the second exam will
cover chapters 15 to 18 and the final exam will cover all chapters. The exam
may be in various formats (multiple choice, essay, problems, etc.). The first two
exams will each account for 20% of the final grade. The exams will be for the
entire class period on the days provided in the attached schedule. The final exam
will account for 25% of the final grade. Illegible exams will not be graded
resulting in 0 points. If you will miss the exam, be sure to notify the instructor
ahead of time. There is no makeup period for the final exam and the final exam
cannot be rescheduled. There shall be no sharing of calculators, notes or other
materials during the exam and there are to be no caps, hats or iPods used during
the exam. No exams are to ever be removed from the classroom. Any student
doing so will receive 0 points for the exam.
Grading:
Attendance
Homework
Quizzes
Exam I
Exam II
Final exam
5%
10%
20%
20%
20%
25%
100%
25 points
50 points
100 points
100 points
100 points
125 points
500 points
Grading will not be done based on a curve but based only on each student’s total
points. A grade of “A” will require at least 90% of the total points, a grade of
“B” will require at least 80% of the total points, a grade of “C” will require at
least 70% of the total points, a grade of “D” will require at least 60% of the total
points, and any points lower than 60% will be a grade of “F”.
Extra credit:
Students who believe they need additional points, can take on an additional
project that could provide additional points of not more than 50 points. The
additional project could be a presentation to the class on a specific subject matter
relevant to the course material and can be done individually or in groups of not
more than 4 students. An example would be a presentation on the financial
statement presentation and disclosure of deferred taxes, review and analysis of
the leasing arrangements of a public company based on the information in its
10K or comparison of the accounting and reporting of transactions under GAAP
and IFRS. The nature and subject matter of the project is subject to instructor
approval and is to be decided upon and arranged with the instructor by July 21,
2014 with the project to be presented or due the week of August 4, 2014.
Student conduct:
Students are expected to behave in a professional manner as would be expected
by any employer. Students are also expected to abide by the University Student
Conduct Code, which among other things, requires that a student receive a grade
of “F” and be subject to disciplinary action for an act of Academic Dishonesty.
Academic Dishonesty includes cheating on quizzes and exams and plagiarism
among other acts. Refer to the UH Student Conduct Code for definitions of
academic dishonesty, including cheating and plagiarism.
Disclosures:
This syllabus is a general plan and provides general guidance. It is not all
encompassing and is subject to change. Minor changes may also be made to the
course content as the session progresses.
Location:
In the event of the need to evacuate the classroom, students are to meet in the
grassy area of the south (Makai) side of George Hall where you will be provided
with additional instructions. On exam days, you may be directed to an alternate
classroom to take the exam.
Supplies:
Each student is to bring his/her own supplies to the class including writing
instruments, paper, textbook, etc. including a basic calculator (i.e., not one on an
iPhone). The instructor will not have any supplies available and students are not
to share materials during quizzes and exams.
Disability access”
Students with disabilities are encouraged to contact the KOKUA Program for
information and services. Confidentiality is maintained and there is no charge
for the services. Contact KOKUA at 956-7511 or kokua@hawaii.edu.
ACC 323
Chapter and Homework Assignments
Anticipated Dates of Quizzes and Exams
Ch. 12, E 1,5,9,13,1921,26
Wed, July 9
Introduction,
Chapter 12
Chapter 12
Due Date for
Homework
July 9
Thurs, July 10
Chapter 13
Ch. 13, E 1,6,8,13,18,21,27
July 11
Fri, July 11
Chapter 13
Mon, July 14
Chapter 14
Ch. 14, E 3,5,9,22,26,27,33
July 15
Tues, July 15
Chapter 14
Thurs, July 17
Exam I
Fri, July 18
Chapter 15
Ch. 15, E 1,2,7,13,17,21,31
July 21
Mon, July 21
Chapter 15
Tues, July 22
Chapter 16
Thurs, July 24
Chapter 16
Fri, July 25
Chapter 17
Mon, July 28
Chapter 17
Tues, July 29
Chapter 18
Thurs, July 31
Chapter 18
Fri, Aug 1
Exam II
Mon, Aug 4
Chapter 19
Tues, Aug 5
Chapter 19
Thurs, Aug 7
Chapter 20
Fri, Aug 8
Chapter 20
Mon, Aug 11
Chapter 21
Tues, Aug 12
Chapter 21
Thurs, Aug 14
Extra point
projects
Final Exam
Date
Tues, July 8
Fri, Aug 15
Chapter
Homework Assignment
Quiz
Quiz 1
Quiz 2
Ch. 16, E 1,3,8,10,22,24,28
July 24
Ch. 17, E 2,4,5,8,11,16,24
July 28
Quiz 3
Ch. 18, E 1,5,8,13,20,23,24
July 31
Ch. 19, E 2,5,7,9,11,17,27
August 5
Ch. 20, E
1,11,13,17,20,23,24,
August 8
Ch. 21, E 1,5,13,15,17,20,27
August 12
Quiz 4