1
INTERMEDIATE FINANCIAL ACCOUNTING II
ACG 3113-Section 601
Syllabus-Fall 2019
Instructor:
Office:
Office Phone:
Fax:
E-mail:
Classroom:
Time:
Dr. María T. Cabán-García
LPH 319H
727-873-4561
727-873-4192
caban@usfsp.edu
LPH 127
Tuesdays and Thursdays
1:00 PM – 2:15 PM
Office Hours:
Monday:
Tuesday:
Wednesday:
Thursday:
Friday:
By Appointment:
2:30-33:0 PM
2:30-3:30 PM
as agreed with instructor
Prerequisite: ACG 3103: Intermediate Financial Accounting I (C or better – Not C-)
ACG 3341: Cost Accounting and Control I (C or better - Not C-)
Course Description: Continuation of ACG 3103. Topics covered include current liabilities
and contingencies, long-term debt, leases, income tax allocation, pensions and postretirement benefits, stockholders' equity, earnings per share computations, accounting
changes and error analysis, and the statement of cash flows.
Course Objectives:
1. The course will provide the students with a thorough understanding of: financial accounting
theory and concepts related to income measurement, reporting financial position, and the
preparation of financial reports.
2. The students will learn the methodology employed by professional accountants in applying
Generally Accepted Accounting Principles (GAAP) to business transactions and events.
Learning Outcomes: After successfully completing this course, the student should be able to
recognize, analyze, evaluate and journalize business transactions affecting the income
statement, balance sheet, statement of cash flows, and statement of retained earnings.
Specifically, the student should be able to:
 Distinguish between current and long-term liabilities and apply the accounting procedures
for the recognition of short-term and long-term debt, and for gain and loss contingencies.
 Explain the nature, economic substance and advantages of lease transactions. Explain
and prepare the lessee's and lessor's transactions in financing and sales-type leases,
operating leases, and short-term leases.
 Identify differences between pretax financial income and taxable income and prepare
income tax journal entries.
 Apply accounting procedures for loss carrybacks and loss carryforwards.
 Describe the presentation of income tax expense and deferred income taxes in financial
statements.
ACG 3113 /syllabus / fall 2019/MTCG
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Distinguish between accounting for the employer's pension plan and accounting for the
pension fund. Describe and apply accounting procedures for pension plans including
preparing a pension worksheet and related journal entries.
Understand and apply the accounting procedures for the recognition of issuances of stock,
for treasury stock transactions, for the declaration and distribution of cash dividends and
stock dividends, and for stock splits.
Understand and apply the accounting procedures for the issuance, conversion and
retirement of convertible securities, for stock warrants, and for stock options.
Calculate earnings per share.
Identify the types of accounting changes, and explain and apply accounting procedures for
changes in accounting principles, changes in estimates, changes in a reporting entity, and
correction of accounting errors.
Describe the purpose of the statement of cash flows, and prepare a statement of cash
flows using both direct and indirect methods.
Required Materials:
Spiceland, J.D., M.W. Nelson and W.B. Thomas. Intermediate Accounting, 9th ed. 2018,
McGraw-Hill Education, New York. ISBN # 9781260029871
Connect Access Card for Intermediate Accounting
https://connect.mheducation.com/class/m-caban-garcia-section-601-fall-2019
Access to computer spreadsheet software (Microsoft Excel)
Key Leadership Skill(s) and Perspectives Addressed in the Course:
Written and
Innovation Information
Ethics and
Global and
Technology Sustainability
Oral
and
MultiCommunication
Critical
cultural
Thinking
Competence
3 (a)
5 (b)
2 (c)
2 (d)
3 (e)
(a) Students assignments and exams contain writing components.
(b) All classroom discussions, homework and exams emphasize problem solving and critical
thinking skills.
(c) At least one of the assignments requires the use of spreadsheet software.
(d) Course lectures emphasize ethical decisions in today's business world.
(e) Course lectures and exams discuss differences in global reporting.
Course Website: The course has a website under the Canvas platform site in the USF Portal.
The website will serve as a communication channel and will give you access to class
announcements, syllabus, notes, links, grades and other class information.
You can access the course web site at https://my.usf.edu. You will need a USF NetID and
password in order to have access. If you do not already have a USF NetID, you can obtain
one by going to https://una.acomp.usf.edu, clicking on Activate your NetID, and filling out a few
simple forms. A USF id card http://it.usf.edu/services/usfcard may be required for USF NetID
activation.
Class Organization: The class will generally consist of a combination of lecture, discussion
and practical applications. The student is expected to read each chapter before class and to
ACG 3113 /syllabus / fall 2019/MTCG
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be fully prepared to answer and discuss questions on readings or assignments. The objective
is to create an environment where the student is actively involved in the learning process.
Assigned material is generally due on the class session where the related material will be
discussed. We will review some of the assignments during class. Please bring your textbooks
and necessary materials (e.g. calculator, pencils) to class.

Given this is an upper level undergraduate course students are expected to display
high standards of professionalism. Therefore, students are expected to attend all
classes, to be punctual, and to submit all required work on time.
Attendance Policy: Attendance to this class is compulsory and it is essential to your learning
process. Frequent absences will affect your performance in the course. Attending all classes
means staying in class until the class is dismissed by the instructor at the end of the class
period.

Extraordinary events, including hospitalization of yourself or an immediate family
member, extreme weather conditions, etc., maybe excused and not counted as an
absence provided you submit adequate independent documentation of such event
prepared by a third party involved in your absence.

Please be aware that this is not an online course and that even though many class
resources are available in Canvas, they are meant to supplement, not to substitute the
class.

If you have to miss a class for any valid reason you should inform the instructor in
advance by voicemail or e-mail. If there is homework due you can complete and submit
electronically in Connect by the due date. No late homework will be accepted. You
are also responsible for all the material given in class on that day including any
materials distributed in class and class announcements.

Religious Holidays Policy: If students anticipate the necessity of being absent from
class due to a major religious observance they must provide written notice of the
date(s) to the instructor (e-mail is okay) by the second class meeting.

Official electronic communications means: your USF assigned e-mail address and the
course web site in the USF portal (https://my.usf.edu).

Students do not have permission to sell class notes or to tape class lectures.

A solutions manual for the textbook is available in the instructor's office for use after
the student has tried to solve assigned exercises or problems. Some Solution Manual
answers will also be available at the course’s Canvas website. Additionally, all
assignments will be made available for practice in Connect.

During class time, please turn off all computers, cell phones, beepers, pagers and
other electronic devices. Failure to follow this policy is considered disruptive of the
academic process and will be treated according to USF policy.

Always be on time to class. Please be courteous with your fellow classmates and
your instructor. Thank you!
ACG 3113 /syllabus / fall 2019/MTCG
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Grading Policy: The grade will be based on attendance (5 points), daily in-class activities (40
points after dropping lowest score), graded assignments (90 points), and tests, (300) for a total
of 435 points.

Attendance will be taken each day. The final score will depend on the percentage of
present class/days out of the total class/days in the semester.

Daily in-Class Activities include nine (one for every chapter) announced quizzes (40
points after dropping the lowest score). All quizzes will be conceptual.

Chapter assignments are completed using the publisher’s Connect feature (90 points).
These assignments are due on the dates indicated on the schedule at the end of this
document. They are usually due after the chapters are covered.
The Connect platform includes all assigned problems listed in the syllabus. They are
due as indicated in the schedule on Saturdays at 11:59 pm. You will have an unlimited
number of attempts before your final submission. There is also a selection of questions
from Learn Smart that will help you practice the concepts covered in each chapter. In
addition to the assignment problems, all problems at the end of the chapter will
become available for practice after the assignments’ deadlines.

Tests will consist of a combination of conceptual and computational questions in the
form of fill the blanks, multiple choice, true/false, essay questions, short exercises, or
problems. Tests will reflect the material included in the chapters, class notes and
assignments. Each test will have a value of 100 points.

Extra Credit: No extra credit projects will be given at any time.

Calculators that do not store formulas or text may be used during exams. However,
in order to obtain partial credit on problems all supporting computations must be
shown. Cell phone’s calculators are not acceptable.

The student must notify in advance (at least 24 hours) if he (she) cannot be present for
an examination due to a valid reason. The valid reason is to be determined by the
instructor. (Please also refer to Attendance Policy above regarding the provision of
adequate independent written documentation by a third party involved in your
absence. If valid, the make-up exam must be arranged prior to the date of the regular
exam. The make-up exam may be in the form of a comprehensive final exam at the
end of the semester. Otherwise, if the student fails to schedule a make-up exam
he/she will receive a score of zero in the missed exam. Please note that travel due to a
vacation trip is not considered a valid reason for missing an exam.

The instructor will review quizzes and exams with the class after they are graded.
They will be retained at the instructor’s office for a minimum of two weeks into the next
semester. After that they will be stored and destroyed according to USF policy.

The grade will be based on the standard curve as follows:
A= .90 x 435 = 391.5
B= .80 x 435 = 348
C= .70 x 435 = 304.5
D= .60 x 435 = 261
F= < 261
ACG 3113 /syllabus / fall 2019/MTCG
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
Plus and Minus Grades Policy: The "plus/minus" grading system will not be used
in this course.

Students who withdraw from the course before the drop date will receive a "W" grade.
For the fall 2019 semester that date is November 2, 2019.

An "I" grade will be awarded only when a small portion of the work is incomplete and
the student is earning a passing grade, but serious personal problems prevent him or
her from completing the course.

ACG 3113 may not be taken on an S/U basis.

Grade forgiveness is limited to three USF courses with no more than one repeat per
course. Accounting majors can use the forgiveness policy only once in upper level
accounting courses.
Grade Disclosure
It is a violation of FERPA to give grades out over the phone, via email, or by posting them.
Violations of FERPA can result in a lawsuit, loss of federal funding, dismissal.
USF Policy on Academic Dishonesty and Disruption of Academic Process
The University's policy on academic dishonesty and disruption of the academic process are
clearly set forth in the USF Undergraduate Catalog
https://www.usfsp.edu/catalog/files/2019/08/Catalog-2019-2020-FINAL-v4.pdf
Because of the University’s commitment to academic integrity, plagiarism or cheating on
course work or on examinations will result in penalties that may include a grade of “F” for the
specific exam or course and a grade of “F” or “FF” for the course. Any incident of academic
dishonesty will be reported to the dean of the college. Definitions of punishment guidelines for
Plagiarism, Cheating and Student Disruption of the Academic Process may be found at the
web address listed above.
Students Disability Resources
Please notify your instructor if you have a learning disability or require special assistance with
this course. Confidential personal and learning assistance counseling are made available to
students through the Division of Student Affairs.
The process of applying for services is described in detail in the SDS website
www.sds.usf.edu. Location/phone: SVC 1133, Voice: (813) 974-4309; TDD: (813) 9745651-St. Petersburg Campus: TER 200, (727) 873-4990 https://www.usfsp.edu/studentdisability-services/
Emergency Preparedness
In the event of an emergency, it may be necessary for USF to suspend normal
operations. During this time, USF may opt to continue delivery of instruction through methods
that include but are not limited to: Canvas, Elluminate, Skype, and email messaging and/or an
alternate schedule. It’s the responsibility of the student to monitor Canvas site for each class
for course specific communication, and the main USF, College, and department websites,
emails, and MoBull messages for important general information.
ACG 3113 /syllabus / fall 2019/MTCG
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Supporting Crime Victims and Violence Against Women Act (VAWA):
If you are the victim of a crime, USFSP is ready to assist you in the manner that you determine
is best for you. Please know that, as a USF employee, I am obligated by Federal law to
immediately report any incidents of sexual assault, dating & domestic violence, and stalking
relayed to me – including the victim’s name – to the USFSP Police Department and/or the
USFSP Dean of Students. If you desire confidentiality, there are campus and community
resources listed below that will respect that decision.
Confidential Resources
USFSP Victim Advocacy Services
Available: 24hrs/7days
Tel: 727-698-2079
USFSP Wellness Center (SLC 2000)
M/T/W/F: 8am – 5pm
Thurs: 9:30am – 5pm
Tel: 727-873-4422
Rape Crisis Center of Pinellas County
Tel: 727-530-7273
PEMHS: 727-541-4628
Non-Confidential Resources
USFSP Police Department
Tel: 727-873-4140 or
Dean of Students & Director of Residence
Life & Housing: Mr. Jacob Diaz
RHO 100
Tel: 727-873-4823
deanofstudents@usfsp.edu
Pinellas County Sheriff
Tel: 727-582-6200 or 911
St. Petersburg Police Department
Tel: 727-893-7780 or 911
If you are not sure what to do, you are strongly encouraged to contact the USFSP Victim
Advocate to confidentially explore your options including: Injunctions & Protective Orders on
campus; Changes in Accommodations, Living Arrangements, Class Schedules, &
Transportation; Assistance with Academic Issues – missed classes, late assignments, etc.
For more details on USF System Policies see below.
1. Academic Integrity of Students
Academic integrity is the foundation of the University of South Florida System’s commitment to
the academic honesty and personal integrity of its university community. Academic integrity is
grounded in certain fundamental values, which include honesty, respect, and fairness. Broadly
defined, academic honesty is the completion of all academic endeavors and claims of
scholarly knowledge as representative of one’s own efforts. The process for faculty reporting
of academic misconduct, as well as the student’s options for appeal, are outlined in detail in
USF
System
Regulation
3.027: http://www.usf.edu/undergrad/documents/academicpolicies/1academic-integrity-of-students.pdf. The final decision on an academic integrity
violation and related academic sanction at any USF System institution shall affect and be
applied to the academic status of the student throughout the USF System, unless otherwise
determined by the independently accredited institution.
Academic honesty is fundamental to the activities and principles of a university. All members of
the academic community must be confident that each person’s work has been responsibly and
honorably acquired, developed and presented. Any effort to gain an advantage not given to all
students is dishonest whether or not the effort is successful. The academic community regards
academic dishonesty as an extremely serious matter, with serious consequences that range
ACG 3113 /syllabus / fall 2019/MTCG
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from probation to expulsion. When in doubt about plagiarism, paraphrasing, quoting, or
collaboration on assignments, consult the instructor.
2. Disruption to Academic Process
Disruptive students in the academic setting hinder the educational process. Disruption of the
academic process is defined as the act, words, or general conduct of a student in a classroom
or other academic environment which in the reasonable estimation of the instructor: (a) directs
attention away from the academic matters at hand, such as noisy distractions, persistent,
disrespectful or abusive interruption of lecture, exam, academic discussion, or general
University operations, or (b) presents a danger to the health, safety, or well-being of self or
other persons.
“Students attending USF are awarded degrees in recognition of successful completion of
coursework in their chosen fields of study. Each individual is expected to earn his/her degree on
the basis of personal effort. Consequently, any form of cheating on examinations or plagiarism
on assigned papers constitutes unacceptable deceit and dishonesty. Disruption of the
classroom or teaching environment is also unacceptable. This cannot be tolerated in the
University community and will be punishable, according to the seriousness of the offense, in
conformity with this rule”.
For more information go to the web site
http://www.ugs.usf.edu/catalogs/0203/adadap.htm
3. Student Academic Grievance Procedures
The purpose of these procedures is to provide all undergraduate and graduate students taking
courses within the University of South Florida System an opportunity for objective review of
facts and events pertinent to the cause of the academic grievance. An “academic grievance” is
a claim that a specific academic decision or action that affects that student’s academic record
or status has violated published policies and procedures, or has been applied to the grievant in
a manner different from that used for other students.
Advocacy for issues that are not able to be resolved within the framework of the established
policies for this course will be handled using the procedures found in the published University of
South Florida catalog for the relevant academic year. For further information go to the web site:
http://www.ugs.usf.edu/pdf/cat0506/acapol.pdf
4. Disability Access:
Students with disabilities are responsible for registering with Students with Disabilities
Services (SDS) (SVC 1133) in order to receive academic accommodations. SDS encourages
students to notify instructors of accommodation needs at least 5 business days prior to
needing the accommodation. A letter from SDS must accompany this request.
“The University recognizes and values students with disabilities. The faculty and administration
strive to ensure that students with disabilities participate in all aspects of university life.
Academic accommodations are arranged through the Office of Student Disability Services.
The Office of Student Disability Services, located in SVC 1133, (974-4309), is responsible for
determining eligibility of students for disability status and facilitating services and
accommodations for those who qualify. Accommodations that are developed in collaboration
with students and faculty, include, but are not limited to, extended time on examinations,
alternate formats for printed materials, and the services of sign language interpreters”.
For more information go to the web site http://www.sds.usf.edu/
5. Sexual Misconduct/Sexual Harassment Reporting
USF is committed to providing an environment free from sex discrimination, including sexual
harassment and sexual violence (USF System Policy 0-004). The USF Center for Victim is a
confidential resource where you can talk about incidents of sexual harassment and genderbased crimes including sexual assault, stalking, and domestic/relationship violence. This
ACG 3113 /syllabus / fall 2019/MTCG
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confidential resource can help you without having to report your situation to either the Office of
Student Rights and Responsibilities (OSSR) or the Office of Diversity, Inclusion, and Equal
Opportunity (DIEO), unless you request that they make a report. Please be aware that in
compliance with Title IX and under the USF System Policy, educators must report incidents of
sexual harassment and gender-based crimes including sexual assault, stalking, and
domestic/relationship violence. If you disclose any of these situations in class, in papers, or to
me personally, I am required to report it to OSSR or DIEO for investigation. Contact the USF
Center for Victim Advocacy and Violence Prevention: (813) 974-5757.
6. Religious Observances
All students have a right to expect that the University will reasonably accommodate their
religious observances, practices and beliefs (http://regulationspolicies.usf.edu/policies-andprocedures/pdfs/policy-10-045.pdf). The USF System, through its faculty, will make every
attempt to schedule required classes and examinations in view of customarily observed religious
holidays of those religious groups or communities comprising the USF System’s constituency.
Students are expected to attend classes and take examinations as determined by the USF
System. No student shall be compelled to attend class or sit for an examination at a day or time
prohibited by his or her religious belief. However, students should review the course
requirements and meeting days and times to avoid foreseeable conflicts, as excessive absences
in a given term may prevent a student from completing the academic requirements of a specific
course. Students are expected to notify their instructors at the beginning of each academic term
if they intend to be absent for a class or announced examination, in accordance with this Policy.
7. Statement of Academic Continuity
In the event of an emergency, it may be necessary for USF to suspend normal operations.
During this time, USF may opt to continue delivery of instruction through methods that include
but are not limited to: Learning Management System, online conferencing, email messaging,
and/or an alternate schedule. It is the responsibility of the student to monitor the Learning
Management System for each class for course-specific communication, and the main USF,
College, and Department websites, emails, and MoBull messages for important general
information http://regulationspolicies.usf.edu/policies-and-procedures/pdfs/policy-6-010.pdf .
For additional guidance on emergency protective actions and hazards that affect the
University, please visit https://www.usf.edu/administrative-services/emergency-management/ .
ACG 3113 /syllabus / fall 2019/MTCG
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Tentative Schedule:
Date
August
27
29
Chapter/Topic
13: Current Liabilities and
Contingencies
Required Homework
Pages 714-769
13: Current Liabilities and
Contingencies
E 13-2, 13-3, 13-6, 13-13, 1315, 13-20; P13-4, 13-7
Chapter 13 assignment due
August 31
Quiz 1 (Ch 13)
Pages 770-829
Pages 770-829
September 14: Bonds and Long-Term Notes
3
5
14: Bonds and Long-Term Notes
10
14: Bonds and Long-Term Notes
12
15: Leases
17
Speaker Presentation on Leases
19
15: Leases
E14-2, 14-3, 14-7, 14-9, 14-17,
14-20, 14-23, 14-24, 14-28;
P14-2
Quiz 2 (Ch 14)
Pages 830-905
Chapter 14 assignment due
September 14
E15-1, 15-3, 15-4,15-11,15-13,
15-14; P15-1, 15-4, 15-14
Quiz 3 (Ch 15)
Chapter 15 assignment due
September 21
Review Exam 1
24
Exam 1 (Chapters 13 to 15)
26
16: Accounting for Income Taxes
Pages 906-965
October
1
3
16: Accounting for Income Taxes
Pages 906-965
16: Accounting for Income Taxes
E16-3, 16-5, 16-6, 16-11,16-20,
16-21, 16-26; P16-9
Quiz 4 (Ch 16)
Chapter 16 assignment due
October 5
Pages 966-1,033
8
10
15
17: Pensions and Other Postretirement
Benefits
17: Pensions and Other Postretirement
Benefits
17: Pensions and Other Postretirement
Benefits
ACG 3113 /syllabus / fall 2019/MTCG
Pages 966-1,033
Chapter 17 assignment due
October 12
E17-3, 17-4, 17-6, 17-8, 17-9,
17-10, 17-14, 17-15; P17-6
Quiz 5 (Ch 17)
10
Date
17
Chapter/Topic
18: Shareholders’ Equity
Required Homework
Pages 1,034-1089
22
18: Shareholders’ Equity
Pages 1,034-1089
Quiz 6 (Ch 18)
24
18: Shareholders’ Equity
E 18-3, 18-4, 18-5, 18-10, 1812, 18-17, 18-18, 18-19, 18-23;
P18-1, 18-9, 18-10
Chapter 18 assignment due
October 26
Review Exam 2
29
Exam 2 (Chapters 16 to 18)
31
19: Share-Based Compensation and
Earnings Per Share
19: Share-Based Compensation and
Earnings Per Share
19: Share-Based Compensation and
Earnings Per Share c
November
5
7
12
14
19
21
26
28
December
3
5
10 or 12
20: Accounting Changes and Error
Corrections
20: Accounting Changes and Error
Corrections
20: Accounting Changes and Error
Corrections
Pages 1,090-1,157
Pages 1,090-1,157
E19-6,19-8, 19-9, 19-12, 19-16,
19-21; P19-17
Quiz 7 (Ch 19)
Chapter 19 assignment due
November 9
Pages 1,158-1,203
Pages 1,158-1,203
E20-4, 20-10, 20-17, 20-19, 2023, 20-25; P20-2, 20-4
Quiz 8 (Ch 20)
Chapter 20 assignment due
November 23
21: The Statement of Cash Flows Pages 1,204-1,282
Revisited
21: The Statement of Cash Flows Pages 1,204-1,282
Revisited
Thanksgiving Holiday
21: The Statement of Cash Flows
Revisited
Pages 1,204-1,282
Chapter 21 assignment due
December 7
E21-1, 21-2, 21-3, 21-7, 21-13,
21-14, 21-17, 21-19, 21-24, 2125; P21-7
Quiz 9 (Ch 21)
Reading Day – Review for Exam 3, 1:00 pm to 2:30 pm location TBD
Exam 3 (Chapters 19-21) Time TBD
All assignments will be completed in the Connect platform.
ACG 3113 /syllabus / fall 2019/MTCG