Tony Tinker
Accountancy Department
Zicklin School of Business at Baruch College
City University of New York
Syllabus, Readings and assignments for
Accounting 2101 Introductory Accounting
(Last update: 6/25/2011)
COURSE MATERIALS AND RESOURCES
There is no REQUIRED textbook for this book.
The recommended text is FINANCIAL ACCOUNTING, Spiceland, Thomas and Herrman,
First Edition, McGraw Hill. ISBN 978-0-07-337933-3.
Most accounting books (including the older owns) still follow the same format, so you can
use older editions, second hand copies, or copies that you share with you friends.
YOU MUST BUY ACCESS TO CONNECT (to complete the assigned online homework)
(around $35). Online homework is a big part of this course.
Newspapers (most below are now free on-line)
New York Times: http://www.nytimes.com/
Wall Street Journal: http://www.collegejournal.com/
Guardian Unlimited: http://www.guardian.co.uk/
Financial Times: http://news.ft.com/home/us
Newsletters:
Smart pros http://finance.pro2net.com/
(covers corporate governance issues mainly, offers email alerts)
COURSE CONTENT:
Overview of Course Content and Description
1) Introduce the concepts and principles underlying financial reporting;
2) Interpret and apply accounting information in business decisions;
3) Understand the procedures and techniques needed to prepare a complete set of
financial statements;
4) Improve communication and online skills that are essential for success in business
today. The computer skills include reasonable knowledge in Excel, utilizing the Internet to
gather financial information, and effective use of Blackboard. Students are required to
complete homework assignments using McGraw Hill's CONNECT, a specially designed
software. Students MUST acquire a code in order to be able to access and complete the
assigned problems and project online. This access code is provided as part of the
packaged course materials which can be purchased through the bookstore.
Grading
CONNECT -- online homework
50
Final Exam (not departmental)
40
Class Participation and Attendance
10
Extra Credit Assignments (to be decided) Typically a minimum of 3 extra credit
assignments are given, earning 5 points maximum. Extra credit grades are not
added to your homework and final exam grade, they are only used to 'lift' you to a
new grade level if you are on the margin, or to 'rescue' students who have done
disastrously on the final or the homework.
Exams, Quizzes and Homework Assignments
There is no midterm or quizzes. Grades are determined by the CONNECT homework the
final, and Extra Credit Assignments. These will be decided during the course. This course
DOES NOT apply the College curve.
The deadlines for the on-line homework are absolute. They cannot be extended once they
are set. No partial credit is given. At the end of the course, your on-line homework grades
will be summed-up, and that number, taken as a proportion of the total possible marks.
How to access Blackboard
Blackboard’s web address is: (To be assigned). Your user ID is your CUNY web mail
address. Your password is the PIN number you use to register for your classes.
Academic Honesty
Everything you submit in this course must be your own work. Copying material exactly or
very closely from any source without using quotation marks and citing your source is
plagiarism and will result in an automatic zero for that assignment. Below is CUNYs
description of prohibited behavior: BARUCH NOW EMPLOYS SOFTWARE FOR
DETECTING PLAGIARISM.
"Plagiarism is the act of presenting another person’s ideas, research or writings as your
own. The following are some examples of plagiarism, but by no means is it an exhaustive
list: copying another person’s actual words without the use of quotation marks and
citations, presenting another’s ideas or theories in your own words without acknowledging
the source, using information that is not common knowledge without acknowledging the
source, failing to acknowledge collaborators on homework assignments. Internet plagiarism
includes purchasing or downloading term papers online, paraphrasing or copying
information from the Internet without citing the source, and cutting and pasting from various
sources without proper attribution".
Clas
s
Focus for
Class
Meeting
1.
Course
Introduction,
Using
Blackboard
& the Group
Discussion
Boards
W: Course Description
Using
Blackboard
in Acc. 3202
Announce Group memberships and overview Group
assignment procedures.
Using threaded discussion feature in Blackboard.
Essay 1 and preliminary readings, evaluations, and
comments
Submit
summary &
analysis of
each article
to
Blackboard
Essay 1
Forum
Discuss
Small Firm
Critique of
Small Firm Critique of Large Firm Position
W: Public Accounting - No Longer a Profession?
W: Credo for a CPA
Submit
summary &
analysis of
2
3,4
Pre-Class Homework Preparation
Post-Class
Homework,
Additional
Notes &
Explanation
W: Course Philosophy (International Journal of Accounting
Information Systems; Elsevier).
W: Disclosure Permission Form
W: Personal Blackboard Submission Form
5,6
Large Firm
Position (2)
W: Lawsuit Update
W: Public and Non-Public Accounting Organizations
W: AICPA scolds Briloff
AndersenEnron case
to
Blackboard
Essay 1
Forum
Discuss
Small Firm
Critique of
Large Firm
Position (3)
Small Firm Critique of Large Firm Position
W: The Enron-Andersen debacle:
Submit
summary &
analysis of
AndersenEnron case
to
Blackboard
Essay 1
Forum
W: Briloff’s Millennium Manifesto: “A Return to a
Priesthood?”
W: Big Firms Lobbying
W: Sarbanes-Oxley Act – Summary
W: Sarbanes-Oxley Act - Details
W: Andersens Corruption
W: More on Andersen
W: Enron et al
W: Minkow on Enron
Bigger than Enron Video:
http://newman.baruch.cuny.edu/digital/media/video/enron_fr
ontline.ram
7,8
9
Braverman
& the
analysis of
conflicts of
interest:
Basics (1);
Review the
Format for
the three
Blackboard
Essays
Analyzing conflicts of interest:
W: What is Especially Important about being Human?
W: B: Braverman: Ch.1-5
W: Essay Instructions & Format
W: E-Commerce Website Design & Stakeholder analysis
Explore the "Live" Case Analysis of Audit Failures
audit case
investigation W: Audit Case Investigation Procedure
procedure
Submit
summary &
analysis of
Braverman
Chapters to
Blackboard
Essay 1
Forum
using
Waren tools
in the
Wedtech
Audit Case
W: Wedtech: Fingers Point
Tools from Waren:
K: Waren Flowcharts & Flowcharting Symbols
W: Control Charts
10
11
12
13
14
Introduce &
launch of
the Systems
Understandi
ng Aid
(SUA) or
Waren
Project
Transaction Cycle and Internal Audit Controls: the SUA
(Waren) Project
SUA/ Waren
Project
(continued).
Analyze
ZZZ Best
using
Waren tools
within the
Audit Case
Analysis
procedure
Examples of The first few Waren transactions as demo
Analyze
Regina
Audit
Failure
using
Waren tools
within the
Audit Case
Analysis
procedure
W: Regina: Battle of the Books
Braverman
W: B: Braverman Ch. 6-9
K: 1 Reference, Instructions (all)
W : Waren Project Requirements
Submit
Wedtech
analysis to
Blackboard
Essay 1
Forum
W: Waren 5 Student Submission
WAREN TRIAL BALANCE FOR DEC 16, DUE AT
BEGINNING OF THIS CLASS
W: A Whiz Kid Goes Wrong
http://newman.baruch.cuny.edu/digital/media/video/cooking.r
am
W: Regina: Cleaning up
R: Class Video: Regina
http://newman.baruch.cuny.edu/digital/media/video/cooking.r
am
Submit ZZZ
Best
analysis to
Blackboard
Essay 1
Forum
Submit
Regina
analysis to
Blackboard
Essay 1
Forum
Submit
and the
analysis of
conflicts of
interest:
accumulatio
n, formal &
Real
Subsumptio
n (2)
15
16
17
summary to
Blackboard
Essay 1
Forum:
Essay 1
begins
about here
Analyze
ESM Audit
Failure
using
Waren tools
within the
Audit Case
Analysis
procedure
W: ESM & Ohio Savings & Loans Failures
Analyze
OPM Audit
Failure
using
Waren tools
within the
Audit Case
Analysis
procedure
W: OPM: Close-up Look at Fraud
The
globalization
of conflicts
of interest
Overview of remaining chapters in Braverman with special
focus on Enron – Andersen
W: ESM: Implications for Profession
W: ESM, Greed & S&L Failures
Submit
ESM
analysis to
Blackboard
Essay 2
Forum
Class Video: ESM
http://newman.baruch.cuny.edu/digital/media/video/cooking.r
am
W: OPM: RockwellPoorControls
W: OPM Bad Business
W: Braverman Ch 10-15
W: Braverman: Ch.16-20
Submit
OPM
analysis to
Blackboard
Essay 2
Forum
Review
the remaini
ng chapters
of
Braverman
Submit
chapter
summaries
in Essay 2
Forum
18
Submit SUA
(Waren)
Project;Setup for
Waren as a
Databased
Accounting
System in
MYOB
WAREN CASE DUE AT START OF CLASS.
R: Time Schedule
MYOB Labs & Clinic
W: MYOB Project Requirements
Introduction to MYOB:
http://newman.baruch.cuny.edu/digital/media/video/myob.ra
m
MYOB lab work
19
20
21
22
23
Databased
Accounting
Information
Systems
Project:
(MYOB)
Databased
Accounting
Information
Systems
Project:
(MYOB)
Databased
Accounting
Information
Systems
Project:
(MYOB)
Databased
Accounting
Information
Systems
Project:
(MYOB)
Databased
Accounting
Information
Systems
MYOB lab work
Phase I of MYOB Project, due at the beginning of class
MYOB lab work
MYOB lab work
Phase II of MYOB Project, due at the beginning of class
Phase III of MYOB Project, due at the beginning of class
24
25
26
Project:
(MYOB)
Lincoln S&L
Audit
Failure
using
Waren tools
within the
Audit Case
Analysis
procedure
Lincoln Savings & Loans (and Campaign Finance Reform).
W: Whose Counting?
http://newman.baruch.cuny.edu/digital/media/video/lincoln.ra
m
Analyze
Lincoln S&L
Audit
Failure
using
Waren tools
within the
Audit Case
Analysis
procedure
(cont.)
Analysis of Lincoln Savings & Loans
Analyze
PharMor
Audit
Failure
using
Waren tools
within the
Audit Case
Analysis
procedure
Class Video: Phar-Mor
Apply transaction cycle audit analysis tools
Analyze in the era of Enron
http://newman.baruch.cuny.edu/digital/media/video/pharmor.
ram
Analysis of the Phar-Mor case.