FLORIDA INSTITUTE OF TECHNOLOGY
College of Business
Accounting Principles II
BUS 2212
Spring 2006
INSTRUCTOR:
E-MAIL:
OFFICE:
FAX:
Dr. Sonja A. Villaire, CPA
villaire@cfl.rr.com
(321) 674-8817
(321) 777-5666
Office Hours:
College of Business Room 125
Monday
12:30 - 4:30pm
Other times on Wednesday or Friday by mutually agreed
appointment.
_________________________________________________________________________
COURSE
This course continues the study of financial statements that
DESCRIPTION:
were introduced in Accounting Principles I. Topics include
a detailed study of cash flow statements and provide
students with exposure to financial statement analysis and also
includes introductory managerial accounting topics.
COURSE
OBJECTIVES:
Accounting Principles II reviews and builds on the material
covered in Accounting Principles I in order to prepare the
students for upper level business courses and, eventually,
careers in business.
The specific objectives of this course include:
(1) gain an understanding of basic corporate structure,
methods of capitalization, and the accounting procedures
for various corporate investments.
(2) understand the integration of the four statements used
to report the financial activities of an entity, and be
able to evaluate the overall financial health of a
company.
(3) distinguish financial accounting from managerial
accounting and be able to prepare and analyze the
financial statements of a manufacturing company.
(4) learn the differences in various methods of accounting
for costs within a manufacturing setting, and be able to
prepare budgets and cost-volume-profit analyses.
(5) understand standard costing and variance analysis as
decision-making tools.
(6) use written and oral communication skills in
demonstrating reasonable standards of making ethical
judgments.
REQUIRED
TEXT:
Accounting (6th ed.), Harrison, Horngren, and Bamber,
Prentice-Hall, 2005. (ISBN 0-13-152825-4) If a used book, or a
book without the online access code attached, is purchased,
‘One Key Course Compass', for which the ISBN is 0-13-148624-1,
must also be purchased.
METHOD OF
INSTRUCTION:
Instructional methods include lectures and class discussion
of questions and problems. Because of the large amount of
material that will be covered during the semester, it is
imperative that students have read all assigned materials
carefully prior to the lecture, and be prepared to actively
participate in the discussion of the chapter and any assigned
exercises and/or problems.
ASSIGNMENTS:
A class discussion schedule is given at the end of this syllabus.
You should read the associated chapter and be ready to discuss
the assigned problems to the best of your ability prior to each
class meeting. As time permits, all assigned problems will be
discussed during class sessions.
The Ethical Issues Assignments are located in the “Apply Your
Knowledge” section of each chapter following the problems. You
will be assigned two write-ups for the semester, one from the
first 6 chapters and one from the second 6 chapters we cover.
See details of the ethics assignments handout which will be
given to you in the first few weeks. Assignments of chapters
will be made by the end of the second week of classes. Each
student must turn in two written Ethical Issues assignments
that are DUE NO LATER THAN MIDNIGHT on the dates listed on the
Assignment Schedule that follows.
EVALUATION:
The tests in this course will closely follow the course
material, i.e. the textbook, handouts, and class lectures.
Preparation for class and regular attendance are important for
developing a mastery of the material covered in the course.
Since the quizzes are done online and can be submitted anytime
from any computer with access to the internet, ONLINE QUIZZES
WILL NOT BE ACCEPTED LATE EVEN WITH AN EXCUSED ABSENCE. Ethics
assignments submitted more than one week beyond the due date
will receive an automatic zero grade. It is the student’s
responsibility to make sure that the ethics assignments are
submitted on time and will open appropriately in Microsoft
Word.
Exam # 1.............................100
Exam # 2.............................100
Exam # 3.............................100
Exam # 4.............................100
Exam # 5.............................100
Online Quizzes......................100
Ethics Assignments (2, 50 pts. Each) 100
Final Exam ......................... 100
Total Possible Points................800
Grading Scale:
720 pts. = A
640 - 719 = B
560 - 639 = C
480 - 559 = D
0
- 479 = F
Examinations may consist of multiple choice, short essay, and/or
computational questions. No individual extra credit will be
given. Any extra credit will be available to all students. Once
final grades have been posted, no adjustments will be made except
for correction of an error. DUE TO PRIVACY AND SECURITY ISSUES,
NO TEST GRADES, OR COURSE GRADES WILL BE DISCUSSED VIA E-MAIL OR
PHONE.
MAKE-UP POLICY: Make-up examinations will be considered only in cases of extreme
circumstances where an examination is unavoidably missed. At the
discretion of the instructor, an alternative means of evaluation
may be used. Without prior arrangements and appropriate
documentation, a 10-point penalty will automatically be assessed
against all make-up exams. In the case of school sponsored
events which generate an excused absence, please make
arrangements to take your exam before you leave.
ATTENDANCE
POLICY:
Attendance and class participation are very important if a
student wishes to receive a good understanding of the material
presented. Any student who misses a class is responsible for
obtaining notes from a classmate regarding any changes in
assignments, exam dates, materials covered in class discussion,
handouts, etc. The student is responsible for all material and
announcements given in class, whether present or not. Students
are expected to be on time. While attendance is not specifically
an identifiable part of the grade calculation, absences and late
arrivals (or early departures) will be considered when reevaluating borderline course grades.
CLASSROOM
CONDUCT
Students are expected to remain in the classroom until dismissed
at the end of the period. Entering and/or leaving the room once
the class has begun is very disruptive and should be done only in
extreme emergencies. Also, please be courteous and remove all
caps and hats while in the classroom. Turn off, or silence all
cell phones.
CALCULATORS
Students may use a simple calculator if desired. However,
programmable devices, and multi-functional devices such as those
combined with cell phones and/or data storage/retrieval of alphanumeric data may not be used in class when work is being done for
a grade.
Ethics Assignments
Each of the two Ethics Assignments will be appropriately written papers to be
graded based not only on content and format, but on grammar and spelling as
well. If your assigned chapter is chapter one, choose one of the two cases;
you need not do both.
However, if the Ethical Issue has questions and/or
requirements, INCORPORATE the answers or solutions into your essay. DO NOT
LIST THE QUESTIONS AND/OR JUST GIVE THE ANSWERS.
Your paper should begin with a short, introductory paragraph describing the
ethical issue.
This paragraph should identify the principle elements of the
situation presented in the case, but should NOT be a copy of the issue
directly from the book! The second, and subsequent, paragraphs should be your
required
response
to
the
issue,
including
your
responses
to
any
questions/requirements.
This is your interpretation of what is the
appropriate method of handling the identified ethical situation.
You must
support your conclusions (i.e., cite specific theories or principles relied
upon to reach the conclusion). This should NOT be a mere listing of points,
but a narrative discussion with appropriate support.
Finally, your paper
should close with a short summary or conclusion.
The paper should be allinclusive. The reader should not have to refer to the book to determine the
issues or facts and the solution being discussed.
These are written assignments, and therefore I expect each to be between one
and three pages in length, double spaced, and proofread carefully for errors
in grammar and spelling. One-half of each ethics paper grade will be based on
content, one-half on spelling and grammar.
Late papers will automatically
have 10 points deducted if not received by the due date.
No papers will be
accepted for credit more than one week beyond the due date.
Ethics papers must be to me via the digital drop box in Blackboard. Your paper
must be in a format that can be opened with Microsoft Word.
Be sure to
include your name, the chapter number and your course section number on your
paper.
Your last name and chapter number should be used as the filename of
the paper (Smith Ch 6). To send your paper via the digital drop box, go to the
drop box; press “send file”; choose the file you want to send; THEN PRESS
“SUBMIT” AT THE BOTTOM OF THE SCREEN. If you don’t press “submit”, your file
just stays there, and I will never receive it. Once you press “submit”, you
will get a message that the file has been submitted. IF YOU DON’T GET THIS
MESSAGE, OR IF IT SAYS “YOUR FILE HAS BEEN POSTED” YOUR FILE HAS NOT BEEN
SENT.
It is your responsibility to send your assignment in time to arrive on or
before the time due, and in a format which will open in Microsoft Word.
Assignments are due no later than midnight on the date due; any assignments
arriving late, by whatever amount of time, will be penalized 10 points.
If
your submission will not open in Microsoft Word, it will be considered
unsubmitted until one that appropriately opens is received.
ASSIGNMENTS IN
HARD COPIES, VIA E-MAIL, OR DISK FORM WILL NOT BE ACCEPTED.
ASSIGNMENT SCHEDULE
DATE
Jan
Feb
Mar
DISCUSSION
YOUR PREPARATION for TODAY’S CLASS
9
11
13
Introduction & Chapter 14
Chapter 14
Chapter 14
Read Chapter 14
Ex. 1, 3, 5, 7, 10, 14, 15
Pr. 4A
16
18
20
Martin Luther King, Jr. Holiday
Chapter 15 Lecture
Read Chapter 15
Chapter 15
Ex. 3, 5, 7, 9, 10, 13, 14
23
25
27
Chapter 15
Test # 1
Chapter 16 Lecture
Pr. 5A and review
Chapters 14 & 15
Read Chapter 16
30
1
3
Chapter 16
Chapter 16
Chapter 17 Lecture
Ex. 1, 2, 4, 5, 7, 8, 9
Pr. 2A
Read Chapter 17
6
8
10
Chapter 17
Chapter 17
Chapter 17
Ex. 2, 3, 4
Ex. 6, 8, 10, 13
Pr. 5A, 8A(oper. act. only) and review
13
15
17
Test # 2
Chapter 18 Lecture
Chapter 18
Chapters 16 & 17
Read Chapter 18
Ex. 1, 2, 4, 5, 7, 9, 10
20
22
24
Presidents’ Day Holiday
Chapter 18
Chapter 19 Lecture
Pr. 5A
Read Chapter 19
27
29
1
Chapter 19
Chapter 19
Chapter 19
Ex. 2, 5, 6 (Ethics Case 1 Due)
Ex. 8, 9, 10, 11
Pr. 3B (last day to withdraw)
6
8
10
SPRING BREAK
SPRING BREAK
SPRING BREAK
13
15
17
Test # 3
Chapter 20 Lecture
Chapter 20
Chapters 18 & 19
Read Chapter 20
Ex. 2, 3, 5, 6, 8, 9, 10
Apr
May
20
22
24
Chapter 20
Chapter 21 Lecture
Chapter 21
Pr. 6A
Read Chapter 21
Ex. 2, 3, 4, 6, 8, 9, 10
27
29
31
Chapter 21
Test # 4
Chapter 22 Lecture
Pr. 4A and review
Chapters 20 & 21
Read Chapter 22
Chapter 22
Chapter 22
Chapter 22
Ex. 1, 2, 3
Ex. 4, 6, 7, 9
Pr. 3A
10
12
14
Chapter 23 Lecture
Chapter 23
Chapter 23
Read Chapter 23
Ex. 1, 3, 4, 5, 7, 8, 9
Pr. 2A and review
17
19
21
Test # 5
Chapter 24 Lecture
Chapter 24
Chapters 22 & 23
Read Chapter 24 (Ethics Case 2 Due)
Ex. 1, 3, 4, 5, 6, 8, 10
24
26
28
Chapter 24
Chapter 25 Lecture
Chapter 25
Pr. 6A
Read Chapter 25
Ex. 2, 3, 4, 5, 6, 9, 11 & Pr. 2A
3
5
7
2
10:30am – 12:30pm
Common Final Exam
Room to be announced.
DUE TO PRIVACY AND SECURITY ISSUES, NO TEST GRADES, OR COURSE GRADES WILL
BE DISCUSSED VIA E-MAIL OR PHONE.