Accounting
Southwest College
Center of Excellence – Business
Department Chair – Dr. Marina Grau
Program Coordinator – Vacant
Professor – Donald R. Bond, CPA
ACCT 2333-0004 Advanced Accounting
CRN:92196 – Spring 2016, Tuesday 7-10:
3 credit hour course/ 16 weeks
Instructor Contact Information:
Instructor
Phone
Email
Donald Bond
713-718-7865
donald.bond@hccs.edu
Location/ Time
Office Hours
Office Location
Southwest College, Room C220 / 7-10pm
By appointment
West Loop Campus, 5601 West Loop South, Room C257
Feel free to contact me concerning any problems that you are experiencing in this course. Please
do not wait until you have received a poor grade before asking for asking for my assistance
Type of Instruction
Lecture
Course Description:
Methods of measuring and communicating economic information, including consolidated
statements, partnerships, real estate, foreign operations, and fund units.
Prerequisites
ACNT 2304
Frequent Requisites
MATH 0306 (Basic Math Pre-Algebra)
GUST 0342 (9th – 11th grade reading)
ENGL 0300 or 0347
Academic Discipline/ Program Learning Outcomes
1. Students will be able to read, listen, speak, and write proficiently in preparation for
presentations with clients, accounting, firms and compliance work
Course Student Learning Outcomes (CSLO)
Students will:
1. Use equity method of accounting for investments
2. Prepare consolidated financial statements
3. Perform accounting for transactions and risks involving various entities
Course Student Learning Outcomes (SLO)
Use equity method of accounting for investments
1.1. Prepare basic equity method journal entries for an investor.
1.2. Describe valuation principles of the acquisition method.
1.3. Conduct a goodwill impairment test.
1.4. Describe valuation principles.
Prepare consolidated financial statements
2.1. Prepare consolidation entries to remove effects of intra-entity fixed asset transfers.
2.2. Prepare consolidated statement of cash flows.
2.3. Prepare journal entries to account for foreign currency borrowings.
2.4. Prepare consolidation worksheet for parent and its foreign subsidiary.
Perform accounting for transactions and risks involving various entities
3.1. Prepare journal entries to record new partner’s admission.
3.2. Develop predistribution plan in partnership liquidation.
3.3. Determine proper timing for revenues recognition from non-exchange transactions.
3.4. Prepare financial statements for a public college.
SCANS and/or Core Curriculum Competencies: If applicable
SCANS for all CSLO
Foundation Skills - Basic -Reading
Foundation Skills - Basic -Writing
Foundation Skills - Basic -Mathematics
Foundation Skills - Basic -Listening
Foundation Skills - Basic -Speaking
Foundation Skills - Thinking -Decision Making
Foundation Skills - Thinking -Creative
Foundation Skills - Thinking -Problem Solving
Foundation Skills - Thinking -Seeing Things in the Mind's Eye
Foundation Skills - Thinking -Knowing How to Learn
Foundation Skills - Thinking -Reasoning
Workplace Competencies - Information -Acquires & Evaluates
Workplace Competencies - Information -Organizes & Maintains
Workplace Competencies - Information -Interprets & Communicates
Workplace Competencies - Information -Uses Computers to Process
Methods
Web-enhanced (49% or less)
Student Assignments for all CSLO
Class participation, Homework short problems, and Projects short problem
Student Assessments for all CSLO
Mid-term and final exam quizzes
Instructor's Requirements
Register CONNECT (Homework Manager) before 1st class day.
1. Link to purchase access to CONNECT (McGraw-Hill Textbook Homework Manager):
http://connect.mheducation.com/class/d-bond-advanced-accounting-tuesday-spring-2016
Program/Discipline Requirements:
1. EXCEL-Students will work in EXCEL following textbook examples
2. Internet-Students will use HCC webmail, learning web, Eagle Online 2.0
3. Ethics-Students will develop personal values for ethical behavior
HCC Grading Scale:
A = 100- 90:
B = 89 - 80:
C = 79 - 70:
D = 69 - 60:
59 and below = F
FX (Failure due to non-attendance)
IP (In Progress)
W (Withdrawn)
I (Incomplete)must be removed within 1 semester
AUD (Audit)
4 points per semester hour
3 points per semester hour
2 points per semester hour
1 point per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
IP (In Progress) is given only in certain developmental courses. The student must reenroll to receive credit. COM (Completed) is given in non-credit and continuing
education courses.
FINAL GRADE OF FX: Students who stop attending class and do not withdraw
themselves prior to the withdrawal deadline may either be dropped by their professor for
excessive absences or be assigned the final grade of "FX" at the end of the semester.
Students who stop attending classes will receive a grade of "FX", compared to an earned
grade of "F" which is due to poor performance. Please note that HCC will not disperse
financial aid funding for students who have never attended class.
Students who receive financial aid but fail to attend class will be reported to the
Department of Education and may have to pay back their aid. A grade of "FX" is treated
exactly the same as a grade of "F" in terms of GPA, probation, suspension, and
satisfactory academic progress.
To compute grade point average (GPA), divide the total grade points by the total number
of semester hours attempted. The grades "IP," "COM" and "I" do not affect GPA.
Instructor Grading Criteria
Grading
Assignments
CONNECT Homework-1 (Chapters 1 - 6)
CONNECT Homework-2 (Chapters 7 - 12)
Class assignments
Points
70
70
100
EO2 Mid-Term Exam (Chapters 1 - 6), Multiple-Choice
EO2 Proctored Final Exam (Chapters 7-12), Multiple-Choice
Total Points
150
150
540
HCC Grading Scale
90 - 100%
80 - 89%
70 - 79%
60 - 69%
BELOW 60%
=
=
=
=
=
A
B
C
D
F
(486-540
(432-485
(378-431
(324-377
(0 - 323
points)
points)
points)
points)
points)
Instructional Materials
Fundamentals of Advanced Accounting; Sixth Edition; Joe B. Hoyle, Thomas F. Schaefer,
Timothy S. Doupnik; Print Book ISBN: 978-0-07-786223-7; eBook with ConnectPlus ISBN:
0077425618; McGraw-Hill/Irwin
Student Policies: http://hccs.edu/student-rights
EGLS3 -Evaluation for Greater Learning Student Survey System
At Houston Community College, professors believe that thoughtful student feedback is necessary
to improve teaching and learning. During a designated time near the end of the term, you will be
asked to answer a short online survey of research-based questions related to instruction. The
anonymous results of the survey will be made available to your professors and department chairs
for continual improvement of instruction. Look for the survey as part of the Houston Community
College Student System online near the end of the term.
Students Rights: Anti-Discrimination http://www.hccs.edu/district/students/anti-discrimination/
http://www.hccs.edu/district/departments/institutionalequity/title-ix-know-your-rights/
TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, 20 U.S.C. A§ 1681 ET. SEQ.
Title IX of the Education Amendments of 1972 requires that institutions have policies and
procedures that protect students’rights with regard to sex/gender discrimination. Information
regarding these rights are on the HCC website under Students-Anti-Discrimination. Students
who are pregnant and require accommodation s should contact any of the ADA Counselors for
assistance.
It is important that every student understands and conforms to respectful behavior while at HCC.
Sexual misconduct is not condoned and will be addressed promptly. Know your rights and how
to avoid these difficult situations.
Log in to www.edurisksolutions.org Sign in using your HCC student email account, then go to
the button at the top right that says Login and enter your student number.
ADVANCED ACCOUNTING ROAD MAP
Calendar:
#
Date
1
1/19, 26
Day
TUES
Event
Classes begin Chapter 1
2
2/2
TUES
Chapter 2
3
2/9
TUES
Chapter 3
4
2/16
TUES
Chapter 4
5
2/23
TUES
Chapter 5
6
3/1
TUES
Chapter 6
7
3/8
TUES
Chapter 7
3/14-3/20
SPRING BREAK
8
3/22
TUES
Exam (Chpts 1 - 6), Online take at home due 11:59 pm
8
3/22
TUES
Chapter 8
9
3/29
TUES
Chapter 9, Assignment due
10
4/5
TUES
Chapter 10, LAST DAY TO WITHDRAW
11
4/12
TUES
Work on Assignment – No class
13
4/19
TUES
Chapter 11 & Chapter 12
14
4/26
TUES
Catch up on Homework, NO CLASS
15
5/3
TUES
Final Review (Chapters 7 - 12)
CONNECT Homework-2 due 5/6 at 5 pm
16
5/10
TUES
7-9pm Final Exam (Chapt. 7-12), Room TBA
ACNT 2333 / Advanced Accounting
The required textbook for this course
Advanced Accounting w/Connect
(Hoyle) 6th edition
is:
ISBN: 9781259728396
FYI: This package has been customized to provide you with the greatest value for this course.
 This book includes only the chapters from the book that I will cover in this course.
 The custom book is bundled with Connect™ to help you succeed in this course and is also
mandatory for assignment submittal.
 If you purchase the required items separately, you will likely end up paying more than you will
$135
**Best Bargain!
Package: Loose-Leaf
textbook w/Connect™ 6th ed
$125
$180
Connect™
Package: Loose-Leaf
textbook w/Connect™ 6th
ed ISBN 9781259728396
ISBN 9781259728396
(Includes eBook and homework
access only, no print book)
*optional $40 loose leaf print
upgrade
Print & Digital Solution
All-Digital Solution
Print & Digital Solution
ONLY Available Online at
URL listed below*:
Purchase Online
Available at Bookstores
(obtain Connect section URL
from your instructor)
On Campus & Off Campus
Standard 5-7 day shipping applies
for this bundle.
*http://shop.mheducation.com/mhshop/store/
HCCACC