Intermediate Accounting I
ACCT 5000
Fall 2007
Instructor:
Office:
E-mail:
Office Hours:
Mark C. Dawkins
(706) 369-1274 (home)
229 Brooks Hall
(706) 542-3632 (office)
mdawkins@terry.uga.edu
(404) 542-9330 (cell)
MWF 8:30-9:00 a.m., and 11:15 - 1:15 p.m. I will also meet with students
by appointment.
Call #
Meeting Time
Days
Location
93-032
03-033
23-034
9:05 - 9:55 a.m.
10:10 - 11:00 a.m.
1:25 - 2:15 p.m.
MWF
MWF
MWF
Caldwell 102
Caldwell 102
Journalism 512
Course Objectives: ACCT 5000 is the first semester of a three-semester sequence in intermediate
accounting (ACCT 5000, ACCT 5010, and ACCT 5020). The course will:
(1)
(2)
(3)
review the accounting cycle and financial statements,
introduce the concept of the time value of money, and
discuss the accounting for cash, receivables, and inventory.
Course Materials:
Kieso, D., J. Weygandt, and T. Warfield. Intermediate Accounting (Twelfth Edition). New York:
John Wiley & Sons, Inc., 2007.
Kieso, D., J. Weygandt, and T. Warfield. Intermediate Accounting Solutions Manual Chapters 1-9
(Twelfth Edition). New York: John Wiley & Sons, Inc., 2007.
Kieso, D., J. Weygandt, and T. Warfield. Intermediate Accounting: Problem Solving Survival
Guide – Volume 1 (Twelfth Edition). New York: John Wiley & Sons, Inc., 2007.
WileyPLUS – online supplement URLs:
9:05-9:55 a.m. class
http://edugen.wiley.com/edugen/class/cls42315/
10:10-11:00 a.m. class
http://edugen.wiley.com/edugen/class/cls42316/
1:25-2:15 p.m. class
http://edugen.wiley.com/edugen/class/cls42317/
Optional: (in order of importance)
Study Guide – Volume 1 to accompany Intermediate Accounting (12th Edition).
Mark C. Dawkins, ACCT 5000
Deloitte Teaching Fellow
1
ACCT 5000
Fall 2007
Page 2
Working Papers - Volume 1 to accompany Intermediate Accounting (12th Edition).
Class Structure: Class sessions will be structured in a lecture/problem solving format. You are
expected to participate in class discussion. You are responsible for all material covered in class.
Additionally, you are responsible for material covered by reading assignments but not specifically
covered in class. You are strongly encouraged to ask questions as we proceed through the
material.
Grading: Your grade in the course will be based on the following criteria:
Midterm Exam 1
Midterm Exam 2
Final Exam
Quizzes
TOTAL
NOTE:
150 points
150 points
230 points
70 points
600 points
25.00%
25.00%
38.33%
11.67%
100.00%
A +/- GRADING SYSTEM WILL BE USED THIS SEMESTER.
A
BD
≥ 93.0,
A79.50-82.99, C+
59.5-69.49, F
1.
Exams: Two midterm exams and a comprehensive final exam will be given. Exams will
be held from 6:30-9:30 p.m. in the evening. In general, grading will be on a straight 90-8070-60 scale. Exam questions may consist of true/false, multiple choice, short answer,
and/or problems. Generally, only chapters 1 and 2 will be tested with true/false or multiple
choice questions, while chapters 3-9 are tested with problems.
89.50-92.99, B+
77.00-79.49, C
< 59.5
87.00-89.49, B
69.50-76.99, C-
83.00-86.99,
Midterm exams will not be reviewed in class, but may be reviewed in my office during
office hours for 1 week after scores are posted. You will sign-in for a prenumbered
exam on exam night, and will receive an F in this course if you leave class with your
exam!! It is your responsibility to make sure you receive credit for turning in your
exam prior to leaving the exam room.
All exams are mandatory, and will only be given at the scheduled times unless
alternative arrangements are made in advance. If you are ill or have a personal
emergency on exam day, you must contact me prior to the exam (via e-mail or voicemail in my office). If you miss an exam without permission you will receive a zero.
Documentation is required to support the need for alternative exam arrangements
(e.g., doctor's note).
Mark C. Dawkins, ACCT 5000
Deloitte Teaching Fellow
2
ACCT 5000
Fall 2007
Page 3
2.
Quizzes: Seven quizzes will be given, each worth ten (10) points. Missed quizzes are
scored as a zero. Quiz questions may consist of true/false, multiple choice, short answer,
and/or problems.
3.
Problems and Exercises: Problems and exercises will not be collected or graded. The
following course schedule indicates the chapter assignment and relevant problems and
exercises for each class period. You should read the chapter and familiarize yourself with
the problems and exercises before each class. As I generally answer questions related to
problems and exercises during class, you should attempt them on your own prior to class.
You are expected to actively participate in the presentation of problem and exercise
solutions in class.
Other Policies:
-
Cell phones are not allowed at your desk during exams.
-
Students may not use scientific calculators during exams.
-
Students may be administratively withdrawn from the class after 3 unexcused absences.
-
Students with final exam conflicts should visit the Office of the Vice President for
Academic Affairs to resolve the exam conflict.
-
The withdrawal policy for the course is the same as the university-wide withdrawal policy.
The last day to drop with a “W” is Friday, October 12, 2007. I do not give “WF” to
students who withdraw, even if they are failing the class.
-
The course syllabus provides a general plan for the course; under certain circumstances it may be necessary to modify the plan. You will be notified in advance if
changes in the schedule must be made.
Academic Honesty Policy
All academic work must meet the standards contained in “A Culture of Honesty.” Students are
responsible for informing themselves about those standards before performing any academic
work. All academic work submitted in this course must be your own unless you have received
my permission to collaborate and have properly acknowledged receiving assistance. It is my
responsibility to uphold the University’s academic honesty policy and report my belief of
dishonesty to the Office of the Vice President for Instruction.
The link to more detailed information about academic honesty can be found at:
http://www.uga.edu/ovpi/honesty/acadhon.htm
Mark C. Dawkins, ACCT 5000
Deloitte Teaching Fellow
3
ACCT 5000
Fall 2007
Page 4
ACCT 5000 Class Listserv:
I have created a class listserv to better facilitate communication. To subscribe to the listserv, follow
one of the following subscription options:

Option One (subscribe via email): Send an email to: listserv@listserv.uga.edu
In the text section of the email, type: subscribe ACCT5000-F07 firstname lastname
(A subject line is not required.)
You should receive a confirmation email. You will need to click on the link in the
confirmation email to complete your subscription.

Option Two (subscribe via website): Go to: www.listserv.uga.edu
Click: Browse, Subscribe, Post, Search…
Under List Name, enter: ACCT5000-F07
Click: “Join or leave the list” and follow the remaining instructions.
The listserv email address is: ACCT5000-F07@listserv.uga.edu
ACCT 5000 Class Website:
I have created a class website (http://markdawkins.com/ACCT_5000.html) to give you access to the
following additional course materials that may be of interest:
ACCT 5000 Syllabus
Powerpoint Slides for each chapter
Lecture Notes (Professor Clinton) for each chapter
B Problem Set for each chapter
Revisiting FASB’s Conceptual Framework pdf document
NOTE:
I may add additional items throughout the semester, and I will try to make an
announcement in class as items are added.
Mark C. Dawkins, ACCT 5000
Deloitte Teaching Fellow
4
ACCT 5000 CLASS SCHEDULE – FALL 2007
Date
Topic
Exercises and Problems1
8-17
F
Overview of course
Class pictures
8-20
M
Chapter 1
Questions: 2, 5, 6, 8, 11, 12, 14, 15,
17, 20, 24, 27, 28, 30
Concepts: CA1-2, CA1-10, CA1-11,
CA1-12
8-22
W
Chapter 1
8-24
F
Chapters 2
8-27
M
Chapter 2
8-29
W
Chapter 3
8-31
F
Chapter 3
9-3
M
HOLIDAY (LABOR DAY)
9-5
W
Chapter 3
9-7
F
Chapter 3
9-10
M
Chapter 3
9-12
W
Chapter 3
9-14
F
Chapter 4
9-17
M
Chapter 4
9-19
W
Chapter 4
Questions: 2, 3, 4, 6, 10, 14, 16, 20,
21
E: 1, 2, 3, 4, 5
E: 1, 2, 3, 4, 6, 7, 8, 10, 11, 12, 14, 16,
17, 18, 20, 21
P: 2, 3, 4, 6, 7, 10
E: 1, 2, 5, 8, 9, 11, 12, 13, 15
P: 1, 3, 5, 6, 7
1
All exercises and problems are from Kieso, Weygandt, and Warfield (Twelfth edition). E
denotes exercise and P denotes problem. Required Appendices: 3-A, 7-A, and 9-A.
Mark C. Dawkins, ACCT 5000
Deloitte Teaching Fellow
5
Date
Topic
Exercises and Problems
9-21
F
Chapter 4
9-24
M
Chapter 4
9-26
W
Chapter 5
9-28
F
Chapter 5
10-1
M
Chapter 5
10-3
W
Chapter 5
10-5
F
Chapter 5
10-5
F
Exam 1: Chapters 1-5. Friday, 6:30-9:30 pm.
10-8
M
NO CLASS DUE TO EXAM ON 10/5/07
10-10
W
Chapter 6
10-12
F
Chapter 6
10-15
M
Chapter 6
10-17
W
Chapter 6
10-19
F
Chapter 6
10-22
M
Chapter 6
10-24
W
Chapter 7
10-26
F
NO CLASS (FALL BREAK)
10-29
M
Chapter 7
10-31
W
Chapter 7
11-2
F
Chapter 7
Mark C. Dawkins, ACCT 5000
Deloitte Teaching Fellow
E: 1, 2, 3, 6, 8, 9, 10, 12, 14, 17
P: 3, 4, 5, 6 (parts a and b)
E: 1, 3, 4, 5, 6, 7, 8, 10, 12, 15, 16, 18,
21, 22, 23, 24
P: 2, 4, 5, 6, 7, 8, 11, 14, 15, 16, 17
E: 1, 4, 5, 7, 9, 13, 15, 17, 22, 24
P: 1, 2, 5, 6, 7, 9, 10 (1-3), 12, 13
6
Date
Topic
Exercises and Problems
11-5
M
Chapter 7
11-7
W
Chapter 7
11-9
F
Chapter 8
11-12
M
Chapter 8
11-14
W
Chapter 8
11-16
F
Chapter 8
11-19
M
Chapter 8
11-21
W
HOLIDAY (THANKSGIVING)
11-23
F
HOLIDAY (THANKSGIVING)
11-26
M
NO CLASS (EXAM IN EVENING)
11-26
M
Exam 2: Chapters 6-8. Monday, 6:30-9:30 pm.
11-28
W
Chapter 9
11-30
F
Chapter 9
12-3
M
Chapter 9
12-4
T
Chapter 9
12-5
W
Chapter 9
12-12
12-14
12-14
W
F
F
Cumulative Final Exam, 8:00-11:00 a.m. (9:05 a.m. class)
Cumulative Final Exam, 8:00-11:00 a.m. (10:10 a.m. class)
Cumulative Final Exam, 12:00-3:00 p.m. (1:25 p.m. class)
NOTE:
IT IS YOUR RESPONSIBILITY TO VERIFY THAT YOUR SECTION’S
FINAL EXAM DATE AND TIME LISTED ABOVE HAS NOT BEEN
ADMINISTRATIVELY CHANGED DURING THE SEMESTER.
Mark C. Dawkins, ACCT 5000
Deloitte Teaching Fellow
E: 1, 2, 7, 8, 10, 12, 13, 16, 20, 22, 25,
26
P: 1, 3, 4, 5, 8, 10
E: 1, 2, 4, 9, 10, 12, 13, 15, 18, 19, 22,
24, 26, 27, 28
P: 2, 3, 4, 5, 6, 7, 11, 13
7