The University of Tennessee at Martin
College of Business and Public Affairs
Department of Accounting, Economics and Finance
Bachelor of Science in Business Administration Learning Objectives:
(1) Have an understanding of the ethical aspects of business. (2) Develop problem solving/analytical
skills. (3) Develop leadership skills. (4) Students should be competent in appropriate technology in
business.
Course Number & Title:
Accounting 302, Intermediate Accounting
Term, Level & Credit:
Fall 2005, Undergraduate, 3 Credit Hours
Course Description:
Continuation of Accounting 301 including an in-depth discussion of the traditional financial accounting topics
as well as the recent developments in accounting valuation and reporting practices promulgated by the leading
professional organizations and applied by practitioners in public accounting and industry.
Course Prerequisites:
To enroll in Accounting 302, Student must have a grade of “C” or above in Accounting 301.
Course Text & Required Materials:
Kieso, D., Jerry Weygandt & Terry Warfield, Intermediate Accounting, 11th Edition, Wiley Publishing
Company, Inc. 2004.
Course Objectives:
(1) To further develop the student’s ability to process accounting data through to the end result of preparing in
acceptable form the appropriate financial statements. (2) To further develop in each student an appreciation of
the usefulness and limitations of properly prepared financial statements. (3) To develop the student’s
analytical ability required to evaluate the strengths and weaknesses of both present and proposed accounting
alternatives relative to principles, procedures and concepts.
Student Outcomes:
By taking this course the student should be able –
(1) To process accounting data and prepare appropriate financial statements. (2) To understand the
usefulness and limitations of properly prepared financial statements. (3) To evaluate the strengths and
weaknesses of present and proposed accounting standards and concepts.
Course Requirements:
(1) Students are responsible for reading each chapter and preparing assignments from the text. All
assignments are due on the date specified by the course instructor. (2.) Students are expected to attend class
on a regular basis and participate in class discussion. They are encouraged to not miss scheduled tests unless
seriously ill or for an unavoidable emergency. Make-up tests will be given only for justifiable reasons. (3) All
homework will be prepared using Excel.
Attendance Policy:
You are strongly encouraged to not miss classes. One (1) point will be deducted from your total grade points
for each missed class after the first three misses. You are expected to be in class and seated on time.
Grades:
Your grade in this course will be determined by your combined grade point total from major tests and assigned
homework problems. Test dates are indicated on the class schedule. Each test counts 100 points. Homework
counts 50 points.
The University of Tennessee at Martin
College of Business and Public Affairs
Department of Accounting, Economics and Finance
Course Number, Section, Semester:
Accounting 302, 01, Fall 2005
Instructor:
Dr. Ronald W. Kilgore
Office Location:
Business Administration Building, Room 138
Office Telephone:
731-881-7240, Accounting Office 731-881-7226
Email Address:
rkilgore@utm.edu
Office Hours:
Posted
Homework Instructions:
The homework column lists those problems that must be turned in for grading. Homework should be
turned in as completed. Chapter homework is to be turned in by test time on the day of the test
covering chapter material. Any unsatisfactory homework may be reworked but must be turned in
before the next test. Homework that is covered on the final exam will be due on the last day of
regular classes. It is the student’s responsibility to contact my office concerning any discrepancies.
Do not wait until the end of the semester to reconcile any differences. The burden of proof concerning
completed homework assignments falls upon the student. Do not throw away any homework until you
are sure it has been graded and properly recorded.
“Any student eligible for and requesting academic accommodations due to a
disability is requested to provide a letter of accommodation from P.A.C.E. or
Student Academic Support Center within the first two weeks of the semester."
Publishers web site:
www.wiley.com/college/kieso
The grade distribution for the course is: 90 -100% = A, 80 - 89% = B, 70 - 79% = C, 60 - 69 =D, and 00
-59% = F or computed as follows:
415 - 450 = A ; 360 – 414 = B; 315 – 459 = C; 270 - 314 = D; 269 - 0 = F
Academic Honesty: Academic honesty is expected in this class. Failure to adhere to this standard will result
in an “F” in the course. The student caught cheating may be subject to additional academic disciplinary
actions.
Cell Phones: All cell phones should be turned off during class. No cell phones will be allowed as
calculators during tests or exams.
TENTATIVE SCHEDULE
DAY
1
TOPICS COVERED
3
Introduction to Course and
Course Requirements
Current Liabilities and
Contingencies
Loss Contingencies
4
Presentation and Analysis
5
Bonds Payable and The
Issuance of Bonds
Effective Interest Method,
Costs of Issuing Bonds,
Treasury Bonds &
Extinguishment of Debt
Long Term Notes Payable
2
6
7
8
9
10
11
12
13
14
Accounting for Troubled
Debt Restructuring
The Corporate Form
Corporate Capital, Preferred
Stock and Presentation of
Capital
Continued
Test 1
Diluted Securities,
Compensation Plans &
Accounting for Convertible
Debt
Computing Earnings Per
Share and A Simple Capital
Structure
READING
ASSIGNMENT
CLASS
PROBLEMS
HOMEWORK
EXERCISES
Ch. 13, pps. 616
– 629
Ch. 13, pps. 630
– 640
Ch. 13, pps. 640–
644
Ch. 14, pps, 670
– 676
Ch. 14, pps, 676
– 683
1
1
4*5
3*5
7*9*11
8*11
1
1
2*5
4*5
Ch. 14, pps, 683
– 688
Ch.14, pps, 694 –
700
Ch.15, pps, 724 –
732
Ch.15, pps, 736–
751
6*7*9
9
13
12*16
1
1*2
2*4
5*6
7*8*9
14*16
Ch.16, pps, 775 –
787
1
Homework Due
1
Ch.16, pps, 787–
793
3
7*11
TENTATIVE SCHEDULE
DAY
TOPICS COVERED
READING
ASSIGNMENT
CLASS
PROBLEMS
HOMEWORK
EXERCISES
15
Computing Earnings Per
Share and A Complex
Capital Structure
Ch.16, pps, 793 –
801
4
13*15
16
Stock Options Additional
Complications
Investments in Debt
Securities
Investments in Equity
Securities
Other Reporting Issues
Ch.16 pps, 803 –
808
Ch.17, pps, 837 –
844
Ch.17, pps, 844 –
850
Ch.17, pps, 851 –
859
Ch.17, pps, 861 _
875
Ch.18, pps, 902 –
907
Ch.18, pps, 908 –
919
Ch.18 pps, 919–
929
Ch.18, pps, 931 –
934
5*6
16*23
1
1
2*6
2*4
9*11
7*12
13*14
19
2
2
5*7
4
8*13
8*11
17
18
19
20
21
22
23
24
25
26
27
28
29
Accounting for Derivative
Investments
Revenue Recognition at
Point of Sale
Revenue Recognition
Before Delivery
Revenue Recognition After
Delivery
Revenue Recognition for
Special Sales Transactions
Test 2
Fundamentals of
Accounting for Income
Taxes
Accounting for Net
Operating Losses
Financial Statement
Presentation
Appendix 19a- Illustration
of Interperiod Tax
Allocation
30
Accounting for Pensions
31
Using a Pension Work
14*21
Ch.19, pps, 960 –
973
1
Homework Due
1
Ch.19, pps, 974 –
980
Ch.19, pps, 980 –
984
Ch.19, pps, 989 –
995
3*4
2*4
5*6
6*9
Ch.20, pps, 1018
– 1024
Ch.20, pps, 1027-
2
1
3
5*7
9
TENTATIVE SCHEDULE
DAY
TOPICS COVERED
33
Sheet
Minimum Liability and
Pension Plan Reporting
Appendix 20 A
34
Accounting for Leases
35
Accounting by Lessor
36
37
38
Special Accounting
Problems
Test 3
Accounting Changes
39
Accounting Errors
40
41
Continued
Full Disclosure and
Financial Reporting
Full Disclosure and
Financial Reporting
32
42
READING
ASSIGNMENT
1038
Ch.20, pps,
1038– 1049
Ch.20, pps, 1052
– 1062
Ch.21, pps, 1089
– 1097
Ch.21, pps, 10981103
Ch.21, pps, 11041114
Ch.22, pps, 11501162
Ch.22, pps, 1162
– 1174
Ch.24, pps, 1272
– 1303
Ch.24, pps, 1272
– 1303
CLASS
PROBLEMS
HOMEWORK
EXERCISES
4*6
8
10
11*14
2
3
1
4
7*10
7*13
1
Homework Due
1*2
2*3
6
5
2*3
10
2*3
2*3
2*3