Accounting & MIS 4200—Advanced Accounting
Spring, 2014
David E. Wallin
Contacts: Fisher 446 614-292-3291 wallin.1@osu.edu
Office Hours: 12:00pm – 12:35pm MW, 1:30pm – 2:45pm T and by appt.
Text: Advanced Accounting, 10th Edition, Christensen, Cottrell & Baker, McGraw-Hill
Irwin ISBN: 978-0-07-802562-4
Website: http://fisher.osu.edu/~wallin_1/4200/Main.htm
This three-semester-hour course involves “[a]ccounting for business enterprises
emphasizing business combinations, consolidated financial reporting, foreign currency
transactions and statement translation . . .” This course requires far more than
memorization of accounting techniques; it requires creative thinking. Students must not
only learn the techniques presented both in the text and in class, they must combine them
to solve new problems. The exams are designed as not just a measurement tool, but also a
learning experience. Most exam problems will be a new challenge not previously seen in
class or homework. However, a thorough knowledge of homework material is as essential
here as in any other class in accounting.
Attendance: Attendance is required for each of the exams. Attendance at other times is
at the student's discretion. It should be noted that regular attendance is essential for
optimal performance and the student is responsible for all material covered in class.
Homework: Homework will not be collected or graded. Regular and thorough preparation
and review of homework is an essential part of exam preparation. The student is
responsible for all material in assigned homework.
Grading: There will be 450 points available in class in the form of four exams. Exams I
and IV are worth 100 points each. Exams II and III are worth 125 points each. All exams
are focused on “new” material, but can be integrated with material in the previous exam(s)
or prerequisite courses. The “new” material in Exams II and III necessarily build upon the
“old” material in (the) prior exam(s). Students failing to take an exam at the scheduled
time will receive a zero grade for that exam. Students failing to attend class and complete
the special project will receive a zero grade for that project. In rare and unusual cases (as
determined by the instructor), special arrangements may be offered to a student judged to
have a valid time conflict, illness, or emergency. This in no way binds the instructor to
similar arrangements with other students, since all situations are unique. Scoring changes
for the first three exams will be considered only during the one-week period following the
return of that exam. Scoring changes for Exam IV and a change in the course grade will
not be considered after 1 September 2014. Because of the storage requirement involved,
graded course material not retrieved by the student prior to 1 September 2014 will be
subject to destruction. There will be no “extra credit” opportunities or retaking exams.
Academic Dishonesty: Academic dishonesty will not be tolerated. It is the policy of this
instructor to pursue the most severe penalties available in cases of academic dishonesty.
Students who open the exam prior to the announced start of the exam will lose one-minute
of exam time. Students who write anything on the exam (including name) after the “stop
writing” announcement (without explicit permission) will lose 5 points (above and beyond
points lost in standard grading). Students continuing to write on the exam after being
instructed individually to stop will lose 100 points.
Withdrawal/Incompletes: Students may withdraw from this class and receive a
withdrawal grade through the last withdrawal date as determined by the University. This
does not apply to individuals found guilty of academic dishonesty. A grade of “I” will be
given only in extreme and unusual cases when nonacademic emergencies exist. The
decision of the instructor is final in the determination of whether the conditions warrant an
“I.”
Privacy: The student is entitled to complete privacy with regard to class grades. The
instructor will share such information only with the student and authorized University
personnel. Students will receive private emails on their grades. Private information will
only be emailed to the email account provided to the instructor by the Registrar. To insure
privacy, no student-specific grade information can be given out by phone or to anyone other
than the student.
Class Procedures: Students are responsible for all chapters assigned (whether covered in
class or not), all homework and other online work assigned, and all material covered in
class and at the website. Because of the change to semesters, your exams will be
considerably different from exams given under quarters. Old exams are a study aid only.
They do not limit the scope, testing methods, or any characteristic of your exams.
Final Grade Determination: At the end of the quarter, the instructor will translate
points into a final grade. All those deemed to have performed sufficiently poorly on exams
will receive a failing grade regardless of points (this is not limited to total points earned,
but also relates to timing and topics). For those receiving a passing grade, the translation
will always have the following characteristics. Students who score the same number of
(total) points as you will receive the same grade as you. Those scoring more points will get
the same or a higher grade. Those scoring fewer points will get the same or lower grade.
The grade assigned will reflect your performance relative to others and without regard to
the percentage of total points earned.
The ex ante approximate translation of points to grade is:
Grade
A
AB+
B
BC+
C or less
Class Standing
Top 17 %
Next 13%
Next 14%
Next 26%
Next 11%
Next 6%
Lowest 13%
Homework Assignments:
Ch 1: Problems in “Created Subsidiaries” supplement.
Ch 2/4: Problems in “Acquiring Subsidiaries” and HW3&4 in “homework” pdf.
Ch 3/5: HW5 in pdf.
Ch 6: Problem III from Exam 2 of Sum04, Sum05, Aut04, and Aut05.
Ch 7/8: Problem IV from Exam 2 of Sum04, Sum05, Aut04, and Aut05.
Ch 4 (175-178 “push down”): Problem I from Exam 2 of Sum03, Sum04, and Aut04.
Ch 11: Problem I and II from Exam3 of Sum03, Sum04, and Aut04.
Ch 12: Problem III from Exam 3 of Sum03 and Sum04.
Date
January
February
March
10 through
April
6
8
10
13
15
17
20
22
24
27
29
31
3
5
7
10
12
14
17
19
21
24
26
28
3
5
7
14
17
19
21
24
26
28
31
2
4
7
9
11
14
16
18
21
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
W
F
M
In-class Assignment
Overview
Ch 1 + Created Subsidiaries
Ch 1 + Created Subsidiaries
Ch 1 + Created Subsidiaries
Ch 1 + Created Subsidiaries
Ch 2 + Acquiring Subsidiaries
MLK Day
Ch 2 + Acquiring Subsidiaries
Ch 2 + Acquiring Subsidiaries
Ch 4 + Acquiring Subsidiaries (not Ch 4 175-178 “push down”)
Ch 4 + Acquiring Subsidiaries (not Ch 4 175-178 “push down”)
Ch 4 + Acquiring Subsidiaries (not Ch 4 175-178 “push down”)
Ch 4 + Acquiring Subsidiaries (not Ch 4 175-178 “push down”)
Ch 4 + Acquiring Subsidiaries (not Ch 4 175-178 “push down”)
Ch 4 + Acquiring Subsidiaries (not Ch 4 175-178 “push down”)
Exam I
Ch 3
Ch 5
Ch 5
Ch 5
Ch 5
Ch 6
Ch 6
Ch 6
Ch 6
Exam II
Exam II Q&A (details to follow)
Spring Break
Ch 7
Ch 7
Ch 8
Ch 8
Ch 8
Ch 4 (175-178 “push down”)
Ch 4 (175-178 “push down”)
Exam III
Ch 11
Ch 11
Ch 11
Ch 12
Ch 12
Ch 12
Ch 12
Exam IV