ACC253 Intermediate Accounting III
Course Syllabus Spring Quarter 2010
Course Description:
Welcome to Intermediate Accounting III. I trust your study of intermediate accounting in this
online format will be a fulfilling and rewarding experience. To succeed in this course, you should
be computer literate, motivated, self-directed, and willing to work independently. I will be
available for discussion by email and in person and will strive to respond promptly to your
questions and concerns. Though this is an online course, you will find that there will be a great
deal of electronic communication with your classmates and with me.
This course is the third in a series of three intermediate financial accounting courses which
provide a comprehensive study of financial accounting theory and financial accounting reporting.
The course will concentrate on the foundations of financial accounting and include an in-depth
study of generally accepted accounting principles and concepts. Emphasis will be on a deeper
understanding investments, revenue recognition, income taxes, pensions, leases, statement of
cash flow, and full disclosure in financial reporting.
I will hold an initial orientation for the course on Monday, April 5, from 6:00-6:50PM in CC3345.
Although attendance at the orientation is voluntary, you may find it helpful to attend this
meeting.
Instructor:
Patrick S. Bouker
Email:
Office IB2417A Office Hours: Monday 1 – 3PM or By Appointment
Use the Email and/or Discussion Tabs at:
http://northseattle.angellearning.com
If, for some reason, this is unavailable contact me at:
pbouker@sccd.ctc.edu
Telephone:
206-528-4532
FAX 206-527-3735
Instructional Materials:
Kieso, Weygandt, Warfield Intermediate Accounting 13e Volumes I and II
Text Web Site –
http://bcs.wiley.com/hebcs/Books?action=index&itemId=0470374942&bcsId=4881
Bouker Course Resources http://northseattle.angellearning.com
Many student self-help instructional aids are available through the text website. These aids
include chapter PowerPoint slide presentations, check figures, Excel templates, interactive
quizzes, etc.
Class Format:
The course will include individual and group exercises and problems; business writing assignments;
ethical case studies; participation in a discussion room and internal email system; and a mid-term
and a final examination all completed through the use of email and/or online conferencing.
Course Objectives:
1.
To use quantitative reasoning processes to understand, analyze, and
solve accounting problems
2.
To identify and apply the concepts, conventions, and generally
accepted accounting principles which underlie financial accounting and
reporting
3.
To interact effectively with individuals and groups in an online
environment
4.
To demonstrate competency in applying proper accounting concepts
and rules to complex accounting issues.
5.
To focus on enhancing the development of business communication
skills
6.
To utilize a variety of research sources to solve accounting research
problems
Class Schedule
April 5
Topics
Initial Orientation
CC3345 from 6 – 7PM
Preparation and Assignments
Post your bio and introduce yourself to the class
Week One
Due April 11
Ch. 17 Investments
Week Two
Due April 18
Ch. 17 (Continued)
Week Three
Due April 25
Ch. 18 Revenue Recognition
Read Chapter 17 to Page 883 and review notes
Post answers in Discussion room to any
two end of the Chapter 17 questions
E17-1, E17-3, E17-5, E17-9, E17-16,
P17-7, P17-8
Writing Assignment CA 17-6
Read Pages 884 - 904
E17-22, E17-23, E17-24, E17-26
Ethical Case Study CA17-7
FASB Codification Exercise, Page 909
P17-10
Post team membership
Chapter 17 Quiz
Read Chapter 18 and review notes
Post answers in Discussion room to any
two end of the Chapter 1 questions
E18-1, E18-4, E18-5, E18-9, E18-16, E18-19
P18-3
Team Assignment P18-5
Chapter 18 Quiz
Week Four
Due May 2
Ch. 19 Accounting for Income
Taxes
Week Five
Due May 9
Ch. 20 Accounting for Pensions
and Postretirement Benefits
May 11
Week Six
Due May 16
Mid-Term Examination 7 – 9PM
Ch 21 Accounting for Leases
Week Seven
Due May 23
Ch. 22 Accounting Changes and
Error Analysis
Week Eight
Due May 30
Ch. 23 Statement of Cash Flows
Week Nine
Due June 7
Ch. 23 (Continued)
Read Chapter 19 and review notes
Post answers in Discussion room to any
two end of the Chapter 19 questions
E19-4, E19-6, E19-7, E19-10, E19-13, E19-25
P19-4
Team Assignment P19-5
Chapter 19 Quiz
Read Chapter 20 and review notes
Post answers in Discussion Room to any
two end of the Chapter 20 questions
E20-1, E20-4, E20-6, E20-8, E20-15. E20-18
P20-1
Team Assignment P20-9
Writing Assignment CA20-6
Chapter 20 Quiz
Covers Chapters 17 through 20
Read Chapter 21 and review notes
Post answers in Discussion Room to any
two end of the Chapter 21 questions
E21-2, E21-6, E21-8, E21-12, E21-14
Team Assignment P21-2
P21-4
Writing Assignment P21-15
Chapter 21 Quiz
Read Chapter 22 and review notes
Post answers in Discussion Room to any
two end of the Chapter 22 questions
E22-1, E22-2, E22-8, E22-10, E22-15
P22-6
Team Assignment CA 22-1
Ethical Case Study CA22-6
Chapter 22 Quiz
Read Chapter 23 and review notes
Post answers in Discussion Room to any
two end of the Chapter 23questions
E23-1, E23-3, E23-4, E23-9, E23-11, E23-13
Team Assignment CA 23-2
Ethical Case Study CA 32-6
Team Assignment P23-2
P23-8
FASB Codification Exercise on Page 1285
Vermont Teddy Bear Company Financial
Statement Analysis on Page 1309
Chapter 23 Quiz
Week Ten
Due June 14
Ch. 24 Full Disclosure in Financial
Reporting
June 16
Final Exam 7 – 9PM
Read Chapter 24 and review notes
Post answers in Discussion Room to any
two end of the Chapter 24 questions
E24-2, E24-4, E24-6
P24-4
Team Assignment CA24-4
Chapter 24 Quiz
Covers Chapters 21 through 24
Homework is due by 10PM on Sundays. For example, Week One homework is due by 10PM on
Sunday, April 11. Homework assignments receive full credit so long as you have made a good
faith effort to complete it. However, writing exercises and ethical case studies are all graded
on content as well as grammar, syntax, and sentence structure. Team assignments are also
graded on correctness. Absent my specific advance approval, late homework receives no credit.
I encourage you to work together via the Discussion Room in completing all homework
assignments.
Team assignments consist of completing specific assignments structured as team activities.
These assignments are set forth in the syllabus. Team members are to communicate with one
another in jointly solving these graded team assignments. Submit one answer per team.
Circumstances may require me to make minor revisions to the above schedule. In the event I
make any changes, I will advise you.
Credit and Grading:
Assignments
190
Quizzes
80
Review Question Postings
20
Writing Assignments
30
Ethical Case Studies
30
Team Assignments (40 + 10 peer grade)
50
Mid-Term Examination
150
Final Examination
150
Total Possible Points
700
The final grade will be converted to a decimal grade corresponding to the following:
96 - 100
95
94
93
92
91
90
89
88
87
86
85
84
83
82
81
80
4.0
3.9
3.8
3.7
3.6
3.5
3.4
3.3
3.2
3.1
3.0
2.9
2.8
2.7
2.6
2.5
2.4
79
78
77
76
75
74
73
72
71
70
69
68
67
66
65
64
63
62 and
below
2.3
2.2
2.1
2.0
1.9
1.8
1.7
1.6
1.5
1.4
1.3
1.2
1.1
1.0
0.9
0.8
0.7
0.0
Academic Collaboration and Integrity:
I encourage you to collaborate with fellow students in completing homework, quizzes, and
spreadsheet exercises. Use the discussion room to post your questions, collaborate on
completing accounting assignments, and discuss potential answers to problems and quizzes.
Although I encourage collaboration on assignments and quizzes, the mid-term and final
examinations are to be completed by you alone. Cheating and/or plagiarism on these examinations
will not be tolerated on the examinations and could result in a failing grade for the course.
Additional Information
Much additional information relating to the course will be posted in the Discussion Room which is
available to registered students.