CSU, SACRAMENTO
ACCY 111 COURSE OUTLINE
Course:
Phone:
Semester:
Office Hours:
ACCY 111
(916) 660-7831
Spring 2013
Instructor: Todd A. Jensen, CPA
E-Mail: toddjensen@inreach.com
Course Site: SacCT 9.1 and
www.mhhe.com/spiceland7e , and CONNECT!
TR 9:00 to 10:15AM Tahoe 2043, and by appointment.
The Instructor
The instructor is a banking and non-profit consultant and adjunct faculty. He holds a BS degree in
finance/accounting from CSU, Chico and an MBA in finance from the University of Oregon.
Professional experience includes the position of Director of Finance with the Sisters of Mercy, Chief
Financial Officer with Community 1st and Auburn Community Bank, the controllership with River City
Bank, and tenure with Perry-Smith & Co. as an Audit Manager. He has taught Financial Accounting,
Managerial Accounting, Intermediate Financial Accounting, Accounting for Executives, and Auditing.
Description of the Course and Course Objectives
This course will focus on intermediate financial accounting theory and practice. You will develop
an in-depth knowledge of how financial information provides information about a company including
it’s economic resources, obligations, and owner's equity; income and its components; and cash flows.
Topics include the development and application of basic assumptions, principles and constraints
underlying financial statements; the use of information derived from financial statements and the
limitations of the information; and the use of accounting information to evaluate a company's return on
investment, risk, financial, flexibility, liquidity, and operational capability. Students learn how to prepare
financial statements.
Required Text and Supplements
Intermediate Accounting, 7e, Spiceland et al, McGraw-Hill, including access to CONNECT!
1
Attendance, Homework, and Grading
It is expected that you will attend all class sessions and come to class with all assignments prepared to
the best of your ability. Homework will be reviewed at selective sessions. Late homework will not be
accepted. All Add/Drop forms must be initiated by the student. Grading will be based on the
following:
Examinations (Makeup exams are not provided without advance notification.)
CONNECT! Online homework, weekly assignment sets.
A
B
C
D
F
90% or better
80% to 90%
70% to 80%
60% to 70%
Below 60%
400 (80%)
100 (20%)
(>=900 points)
(800 to 899 points)
(700 to 799 points)
(600 to 699 points)
Plusses and minuses will be assigned within the above rankings.
Assignments
An outline of weekly chapter assignments follows. I will determine assignments as we proceed. You are
responsible for obtaining assignments each week in class.
ACCY 111 CLASS ASSIGNMENTS
Week
1
Date
Jan 29
Chapter
1
Topic
Theory of Financial Accounting
Assignment
2
Feb 5
1, 2
Accounting Process
CONNECT! #1
3
Feb 12
2
Accounting Process
CONNECT! #2
4
Feb 19
Review and Exam 1 (Ch 1, 2) on Feb 21st
5
Feb 26
3
Balance Sheet
6
Mar 5
3,4
Balance Sheet/Income Stmt
CONNECT! #3
7
Mar 12
4
Income Statement
CONNECT! #4
8
Mar 19
Review and Exam II (Ch 3 and 4) on Mar 21st
Mar 26
Spring Break
2
ACCY 111 CLASS ASSIGNMENTS
Week
Date
Chapter
Topic
9
Apr 2
6
Time Value of Monet
10
Apr 9
6, 7
Cash and Equivalents
CONNECT! #5
11
Apr 16
7
Cash and Equivalents
CONNECT! #6
12
Apr 23
Review and Exam III (Ch 6 and 7) on Apr 25th
13
Apr 30
8
Inventory
14
May 7
8, 9
Inventory
CONNECT! #7
15
May 14
9
Inventory: Additional Issues
CONNECT! #8
16
May23
No Class 21st Exam IV (Ch 9 and 10) on May 23 8AM to 10:00AM
3
Assignment