The Ohio State University
Max M. Fisher College of Business
Accounting 4200: Advanced Accounting
Course Syllabus - Summer 2014
Instructor
Office
Phone
E-mail
Office Hours
Marc H. Smith
348 Fisher Hall
292-8753
smith.2126@osu.edu
Monday 3:00 – 4:00 pm; Friday 10:30 – 11:30 pm and by appointment
Course Materials:
1. Jeter & Chaney, Advanced Accounting, Fifth Edition, John Wiley & Sons Publishing Company, 2012
2. Non-programmable (non-graphing) calculator to be used at quizzes and exams (Required)
Course Objectives:
1. To provide each student with an appreciation for and a working knowledge of:
(a)
(b)
(c)
(d)
Accounting for Business Combinations & Consolidations
Accounting for Partnerships
Accounting for Governmental Entities
Accounting for Non-Governmental Not-for-Profit Entities
2. To build your business and accounting vocabulary so that you will be conversant about
business and accounting issues.
3. To develop and improve your problem-solving abilities.
Class Attendance:
Due to the strong positive correlation between a good grade and a good attendance record for this course, you
should make every effort to attend all class meetings. At The Ohio State University, attendance at scheduled
classes is required, and prolonged unexcused absences will result in cancellation of your registration for the
course. Additionally, regular class attendance and participation is an indication of your effort in the course
and is critical evidence for borderline grade decisions. Interruptions of class by continually arriving late
and/or leaving early, talking, or other disruptive behavior will result in a reduction of ten points per
incident in your attendance grade. Additionally, a large number of class absences will result in a tenpoint reduction per absence in your attendance grade. Finally, all cell phones and other audible
electronic devices must be turned off and put away during class time. Students in violation of this may be
required to immediately leave the classroom with no return until the next scheduled class meeting in
addition to having a ten point reduction in their attendance grade.
Course Website:
The course URL is http://carmen.osu.edu. Solutions to all practice assignments, solutions to quizzes, and
other relevant information will be posted on the course website.
Homework:
There are no formal written homework assignments for this course. However, practice is essential to
mastering this subject matter. Thus, I have indicated recommended practice assignments for each topic
covered (see the last page of the syllabus). These problems can be found in the textbook at the end of each
chapter. The solutions to all assigned problems can be accessed on the carmen course site by clicking on
‘content’ on the top navigation bar and then scrolling down to the bullet point labeled ‘practice assignment
solutions’. While these assignments will not be collected, there is an extremely low probability of success
in this course if you do not attempt the assigned problems.
Quizzes:
There are three, fifty-point quizzes scheduled throughout this course (see the assignment schedule). If you
miss a quiz for a valid reason (e.g., sickness, death in immediate family) and provide sufficient
documentation to support your situation, you will receive an excused absence and will need to take a late
quiz. If you miss any quiz without receiving an excused absence, your score for that quiz will be zero. No
early quizzes are given under any circumstance.
Examinations:
Midterm examinations are scheduled on Tuesday, June 3 and Tuesday, July 1 and will be given during class
time. For both midterms the class time will be extended by thirty minutes. The comprehensive final
examination is scheduled on Monday, August 4 at 4:00 p.m. Please turn off all cell phones during all class
periods.
If you miss an examination for a valid reason (e.g., sickness, death in immediate family) and provide
sufficient documentation to support your situation, you will receive an excused absence and will need to
complete a late exam. If you receive an excused absence from the final examination, you will receive an
incomplete grade until you complete a make-up exam which will be administered at the beginning of the next
semester. If you miss any examination without receiving an excused absence, your score for that
examination will be zero. No early exams are given under any circumstance.
Course Grade:
Your final grade in this course will be determined by the total points you earn from exams and quizzes. The
maximum points you can earn from each are:
Mid-term examination I (06/03)
Mid-term examination II (07/01)
Final examination (08/04)
Class attendance (-10 for each absence/late arrival after 3 instances)
Quizzes (3 x 50 points each)
Total
275 points
275 points
300 points
0 points
150 points
1,000 points
ACCOUNTING 4200
M. H. Smith
Summer 2014
PRACTICE
DATE
May 6
READING
TOPIC
May 8
Chapter 1
Chapter 2
Chapter 2
Introduction to Course
Business Combinations
Business Combinations
May 13
May 15
May 20
May 22
May 27
May 29
Chapter 3
Chapter 3
Chapter 3
Chapter 4
Chapter 4
Chapter 4
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Chapter 5
Chapter 5
Chapter 5
Chapter 7
Chapter 7
Chapter 7
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Consolidated Financial Statements
Catch-up & Review
July 1
Midterm Exam II (3:55 – 5:45)
July 3
July 8
July 10
July 15
July 17
July 22
July 24
July 29
July 31
No Class: Independence Day
Partnership Accounting
Partnership Accounting
Partnership Accounting
Partnership Accounting
Partnership Accounting
Introduction to Fund Accounting
Introduction to Fund Accounting
Catch-up & Review
August 4
Quiz #1
ASSIGNMENTS
E2-2, 3, 4, 9, 10
P2-1, 3
E3-1, 3, 4, 6, 8
P3-1, 2
P3-7, 9
E4-2, 3, 5
E4-7, 12; P4-2, 3
P4-4, 5, 7
Midterm Exam I (3:55 – 5:45)
June 3
June 5
June 10
June 12
June 17
June 19
June 24
June 26
QUIZZES
Chapter 15
Chapter 15
Chapter 15
Chapter 16
Chapter 16
Chapter 17
Chapter 17
Final Examination – 4:00 pm
Quiz #2
Quiz #3
E5-2, 4, 8
E5-11, 12; P5-1, 2
P5-4, 6, 8
E7-1, 3, 4
E7-11, 12; P7-1, 2
P7-3, 4, 8
E15-3, 6
P15-4
P15-6, 8
E16-2, 4, 6
E16-8; P16-1
E17-5, 7, 8
E17-9; P17-3