Intermediate Financial Accounting I
ACC 301-01 FALL 2022
Tuesday & Thursday 2.30-3.45 WS377B
Instructor: Margaret Dobbins, MBA
Email: obbinsm@wcsu.edu
Office Hours: I do not have office hours, if you need me please send me an email and we will work
something out
REQUIRED TEXTBOOK AND SUPPLIES
1. Kieso, Weygandt, and Warfield. Intermediate Accounting, 17e (with Wiley Plus Access Code),
Wiley.
2. A simple calculator is required for in-class practice and for use in exams.
COURSE DESCRIPTION: An in-depth study of the intermediate accounting principles and practices
used in financial recording and reporting. Following extensive review of the fundamental processes,
content emphasis is on the financial statements and current assets.
PREREQUISITE: MAT 100 or MAT 100P or appropriate placement test score; ACC 201; a minimum
GPA of 2.3
LEARNING OBJECTIVES: Upon completion of this course, students should be able to 1) demonstrate
knowledge regarding the accounting cycle, 2) prepare financial statements, and 3) account for current
assets including cash, accounts receivables and inventory in accordance with GAAP
COURSE WORK AND EXAMS
1. Class participation: Attendance is mandatory and recorded.
2. Homework: In order to master this material, it is essential to practice. No matter how clear the
text and the classroom discussions, you will find it difficult to answer exam questions if you have
not practiced many different problems in each chapter. Homework will be announced and graded
via Wily Plus system. Late submissions will be graded but the grades will be discounted by 50%.
3. Exams: you will be given two in-class exams. You must complete the exam independently
without consulting any other individual. If illness forces you to miss one of the exams, please
seek my approval of absence prior to the exam date. If an emergency occurs, please inform me at
the earliest possibility. In either case, proper documentations must be presented for deration.
ACADEMIC DISHONESTY
All acts of academic dishonesty including cheating and plagiarism will be viewed as violations of
appropriate student conduct and they will be dealt with following the WCSU policy
(http://www.wcsu.edu/asb/mis/prereq/acc361.asp
BLACKBOARD
Blackboard use required. Class notes, homework solutions, practice exams and solutions, and other
essential course documents are provided exclusively through Blackboard. In addition, any course
changes will be communicated through the Blackboard or your university email account. It is your
responsibility to check your university emails and the Blackboard regularly.
COURSE SCHEDULE
Dates
30-Aug
31-Aug
6-Sept
8-Sept
13-Sept
15-Sept
20-Sept
22-Sept
27-Sept
29-Sept
4-Oct
6-Oct
11-Oct
13-Oct
18-Oct
20-Oct
Chapter
Chapter 1
Chapter 2
Chapter 3
Chapter 3
Chapter 3
Chapter 3
Chapter 4
Chapter 4
Chapter 4
Chapter 4
Chapter 5
Chapter 5
Chapter 5
Chapter 5
Topic
Financial Accounting & Standards
Conceptual Framework
The Accounting Information System
The Accounting Information System
The Accounting Information System
The Accounting Information System
Income Statement & Statement of Retained Earnings
Income Statement & Statement of Retained Earnings
Income Statement & Statement of Retained Earnings
Income Statement & Statement of Retained Earnings
Balance Sheet, Statement of Cash Flows
Balance Sheet, Statement of Cash Flows
Balance Sheet, Statement of Cash Flows
Balance Sheet, Statement of Cash Flows
Midterm Exam (Chapter 3, 4, 5)
Review
25-Oct
27-Oct
1-Nov
3-Nov
8-Nov
10-Nov
15-Nov
17-Nov
22-Nov
29-Nov
Chapter 6
Chapter 6
Chapter 6
Chapter 6
Chapter 7
Chapter 7
Chapter 7
Chapter 8
Chapter 8
Chapter 8
Chapter 9
Chapter 9
Accounting & The Time Value Of Money
Accounting & The Time Value Of Money
Accounting & The Time Value Of Money
Accounting & The Time Value Of Money
Cash and Receivables
Cash and Receivables
Cash and Receivables
Inventory Valuation
Inventory Valuation
Inventory Valuation
Inventory Valuation-Additional Issues
Inventory Valuation-Additional Issues
Week of 12-11-22 FINAL Final Exam (Chapter 6, 7, 8, 9)
1-Dec
6-Dec
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GRADING POLICY
30%
35%
35%
100%
Homework (lowest score dropped)
Midterm
Final
Total
All written work and exams are to be governed by the University’s Academic Integrity Code per Student
Code of Conduct ( www.doso.wayne.edu/judicial/index.htm). Neatness and general presentation will be
considered in the grading of all written work.
Extra Credit Opportunities (5 points maximum):
 Up to 5 points for significant improvement of the Final grade over that of the Midterm.
Grading Scale
A
>= 93%
C
73-76%
AC-
90-92%
70-72%
B+
D+
87-89%
67-69%
B
D
83-86%
63-66%
BD-
80-82%
60-62%
C+
F
77-79%
< 60%
STUDENTS WITH DISABILITIES
AccessAbility Services engages in an interactive process with each student and reviews requests for
accommodations on an individualized, case-by-case basis. Depending on the nature of the functional
limitations of the student’s documented disability, he/she may be eligible for accommodations. AAS
collaborates with students and their faculty to coordinate approved accommodations and services for
qualified students with disabilities. If you have a documented disability for which you are or may be
requesting an accommodation, you are encouraged to contact AccessAbility Services (AAS) as soon as
possible. You may contact AAS by calling (203) 837-8225 (voice), (203) 837-3235 (TTY) or by emailing aas@wcsu.edu. Detailed information regarding the process to request accommodations is
available on the AAS website at www.wcsu.edu/accessability. If your request for accommodation(s) is
approved and you request accommodation letters, an accommodation letter will be emailed to faculty
members. (Note: Student request for accommodations must be filed each semester and accommodations
are not retroactive.)
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