Date Revised: August 2013
COURSE SYLLABUS
Syllabus for:
ACCT 2010 Intermediate Accounting
Former Course(s):
ACT 2510, ACT 251 and ACT 252 (quarter courses)
Catalog Description:
This course is a study of fundamentals of accounting, including statement
of changes in financial position, present value, cash and receivables,
inventories, depreciation, amortization, and current and long-term
liabilities.
Credit Hours:
3
Contact Hours:
3
Lab Hours:
0
Prerequisite(s):
ACCT 1020 Principles of Accounting II
Required Text(s):
Intermediate Accounting, ACT 2510 Motlow State, 19th edition, Stice and Stice,
Cengage Learning, 2014. ISBN-13: 978-1-285-88247-5. ISBN-10: 1-28588247-4.
Required Supplies/Material(s): Working Papers
Recommended Supplementary Material(s): None
Student Group for Whom Course is Required/Intended: This course is intended for students
pursuing the following degree(s) and program(s) of study:
Associate of Applied Science, Business Technology Major: Concentration in Accounting.
Student Learning Outcomes: Upon completion of the course, students will demonstrate the ability to:
1. Explain the financial reporting to users of accounting information.
2. Describe the role of the FASB and various governmental and professional organizations in the
development of accounting standards.
3. Explain the importance of a conceptual framework.
4. Describe the traditional assumptions of the accounting model.
5. Describe the accounting process.
6. Prepare a cash flow statement.
7. Explain earnings management and its application to the accounting process.
8. Explain the composition of cash and petty cash and the recognition and valuation of accounts
and notes receivables and their relationship to revenue recognition.
9. Describe the cost allocation and valuation of inventories.
10. Name the components of the acquisition of noncurrent operating assets.
BUS 2010 Intermediate Accounting
Course Syllabus, Page 2
Suggested Evaluation Plan:
Task
Exam 1 (Chapters 1-4)
Exam 2 (Chapters 5-6)
Exam 3 (Chapters 7-8)
Exam 4 (Chapters 9-11)
Homework
Total
Weight
22.5%
22.5%
22.5%
22.5%
10%
100%
Student Learning Outcomes
1-5
6-7
8
9-10
1-10
Final Grading Plan: The grading scale for all examinations, assignments, and the final course grade
will be based on the following percentages:
A = 90-100%
B = 80-89%
C = 70-79%
D = 60-69%
F = Below 60%
Instructional Schedule:
Week
1
Student Learning
Outcomes
1-2
2
3-5
3
3-5
4
3-5
5
3-5
6
6
7
8
6
7
9
10
7
6-7
8
Content to Be Covered
Chapter 1, "Financial
Reporting"
Chapter 2, “A Review of
the Accounting Cycle"
Chapter 3, “The Balance
Sheet and Notes to the
Financial Statements"
Chapter 3 (Continued)
Chapter 4, "The Income
Statement"
Student Assignments/
Supplementary Material(s)
Read Chapter 1.
Cases 11, 12, 14, 18, 19.
Read Chapter 2.
Cases 45-46.
Exercises 21, 25, 30.
Read Chapter 3.
Questions 15 and 21.
Exercises 23-28, and 32.
Read Chapter 4.
Questions 13, 14.
Cases 55-57
Exercises 24-31.
Problems 43-46.
Chapter 4 (Continued)
Exam 1—Chapters 1-4
Chapter 5, “Statement of
Cash Flows and
Articulation”
Chapter 5 (Continued)
Chapter 6, “Earnings
Management”
Chapter 6 (Continued)
Exam 2 (Chapters 5-6)
Chapter 7, "The
Revenue/Receivables/
Cash Cycle"
Read Chapter 5.
Cases 62-64.
Exercises 24-30.
Read Chapter 6.
Exercises 1-10.
Read Chapter 7.
Question 8.
Cases 64-66.
Exercises 25-32, 36, 41, 42.
Problem 56.
BUS 2010 Intermediate Accounting
Course Syllabus, Page 3
11
8
Chapter 8, “Revenue
Recognition”
12
8
Exam 3 (Chapters 7-8)
9
Chapter 9, “Inventory and
Cost of Goods Sold”
Chapter 10—
"Investments in
Noncurrent Operating
Assets—Acquisition"
Chapter 11, “Investments
in Noncurrent Operating
Assets—Utilization and
Retirement”
Exam 4 (Chapters 9-11)
13
10
14
10
15
9-10
Read Chapter 8.
Questions 4, 7.
Cases 43-47.
Exercises 19-22, 30.
Problem 32.
Read Chapter 9.
Questions 7-12.
Exercises 26-29, 35, 37-38,
Problems 67, 74, 80.
Read Chapter 10.
Cases 65, 68, 69.
Exercises 21-23, 36
Problems 45-47, 58, 61
Read Chapter 11.
Exercise 26, 29, 34, 40.
Problem 50, 51, 58.