Summer 2013
ACCK 304–120 Intermediate Acctg II
TR 10:30-1:00
FH303
Stephen A. McNett
Office: 323E
254.519.5493 mcnett@ct.tamus.edu
Office Hours: T-R 2:00-4:00PM
W – 1:00-4:00PM & by appointment
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information, regardless of your location. Please enroll today at TAMUCT.org/UNILERT
1. Course Overview
A continuation of Intermediate Accounting I with continued emphasis on generally accepted accounting principles as
applied to the business enterprise
The prerequisite for the course is ACC 303 Intermediate Accounting I.
Expanded course description: A study in the theory of generally accepted accounting principles. Topics include property,
plant, and equipment; intangible assets; current liabilities; long-term liabilities; stockholders’ equity; Earnings per Share;
investments; and leases/
2. Student Learning Outcomes
1. Students will record acquisitions, amortization, and dispositions of plant assets and intangible assets on the financial
statements. (Chapters 10 & 11)
2. Students will identify, record, and properly value current liabilities on the financial statements. (Chapter 13 Part A)
3. Students will record, properly value, and report noncurrent liabilities on the financial statements. (Chapter 13 Part B and
Chapter 14)
4. Students will record, properly value, and report all accounts related to stockholder equity, including stocks, dividends,
and computation of earnings per share. (Cchapters 18 & 19)
5. Students will record, properly value, and report investments in debt and equity securities. (Chapter 12)
6. Students will record, properly value, and report operating and capital leases for both the lessee and the lessor. (Chapter
15)
3. Required Reading and Textbook(s):
Required:
Text: Intermediate Accounting, 7th ed., Spiceland, Sepe, Nelson, McGraw-Hill Irwin, 9780078025327
A student of this institution is not under any obligation to purchase a textbook from a university affiliated bookstore. The
same textbook may also be available from an independent retailer, including an online retailer.
4. Course Requirements
Your semester grade will be based on exams, class presentations, and written assignments. Your semester grade will be
determined by your earned points on the following:
Exam 1
Exam 2
Exam 3
Exam 4
Final Exam
Homework & chapter quizzes
100 points
100 points
100 points
100 points
100 points
100 points
600 points
Exams (Exams 1,2,3,&4 - 100 points each ---- Comprehensive final exam - 100 points)
There are five examinations in this course. The first four examinations will cover only the chapters presented in that
segment of the course. The examinations will be composed of short answer questions, objective questions, and problems
as are appropriate for the material covered, The final examination is a comprehensive final examination that will be
composed of the same type of questions as the first four exams.
No make-up exams will be given. If an exam is missed for an excused reason, the comprehensive final exam will count
twice. This grade replacement can only be used for one missed exam. If no exams were missed during the semester, the
final exam score may be substituted for the lowest score on the first four exams if it will improve the student’s grade. By
department policy the final exam will be comprehensive.
Homework problems & Chapter quizzes (100 points)
Homework problems are listed on the Semester Schedule below. Those in bold are to be handed in on the date shown on
the schedule. Submission may be either by hardcopy in class or through Blackboard. No late work will be accepted.
At the start of class on the first day of each new chapter, there will be a short quiz. There will be eight quizzes. The scores
of the best five will be counted towards your grade.
5. Grading Criteria
We will be using a point system as follows:
600 – 540 points
539 – 480 points
479 – 420 points
419 – 360 points
below 360 points
= “A”
= “B”
= “C”
= “D”
= “F”
6. Semester Schedule (See below)
7. Drop Policy
If you discover that you need to drop this class, you must go to the Records Office and ask for the necessary paperwork.
Professors cannot drop students; this is always the responsibility of the student. The record’s office will give a deadline for
which the form must be returned, completed and signed. Once you return the signed form to the records office and wait
24 hours, you must go into Duck Trax and confirm that you are no longer enrolled. If you are still enrolled, FOLLOW-UP
with the records office immediately. You are to attend class until the procedure is complete to avoid penalty for absence.
Should you miss the deadline or fail to follow the procedure, you will receive an F in the course.
8. Academic Integrity
Texas A&M University - Central Texas expects all students to maintain high standards of personal and scholarly conduct.
Students found responsible of academic dishonesty are subject to disciplinary action. Academic dishonesty includes, but is
not limited to, cheating on an examination or other academic work, plagiarism, collusion, and the abuse of resource
materials. The faculty member is responsible for initiating action for each case of academic dishonesty and report the
incident to the Director of Student Affairs. More information can be found at www.ct.tamus.edu/StudentConduct.
All work in this course is to be completed individually. Any student who commits academic dishonesty will receive an F in
the course.
9. Disability Support and Access
Texas A&M University – Central Texas complies with Section 504 of the Rehabilitation Act of 1973 and the Americans with
Disabilities Act of 1990. TAMUCT promotes the use of the Principles of Universal Design to ensure that course design and
activities are accessible to the greatest extent possible. Students who require reasonable accommodations based on the
impact of a disability should contact Gail Johnson, Disability Support Coordinator at (254) 501-5831 in Student Affairs,
Office 114E. The Disability Support Coordinator is responsible for reviewing documentation provided by students
requesting accommodations, determining eligibility for accommodations, helping students request and use
accommodations, and coordinating accommodations.
10. Library Services
INFORMATION LITERACY focuses on research skills which prepare individuals to live and work in an informationcentered society. Librarians will work with students in the development of critical reasoning, ethical use of information, and
the appropriate use of secondary research techniques. Help may include, yet is not limited to: exploration of information
resources such as library collections and services, identification of subject databases and scholarly journals, and execution
of effective search strategies. Library Resources are outlined and accessed at.
http://www.tarleton.edu/centraltexas/departments/library/
11. Tutoring
Tutoring is available to all TAMUCT students, both on-campus and online. Subjects tutored include Accounting, Finance,
Statistics, Mathematics, and Writing (APA). Tutors are available at the Tutoring Center in Founder’s Hall, Room 204, and
also in the Library in the North Building. Visit www.ct.tamus.edu/AcademicSupport and click “Tutoring Support” for tutor
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schedules and contact info. If you have questions or if you’re interested in becoming a tutor, contact Academic Support
Programs at 254-519-5830 or by emailing gnichols@ct.tamus.edu.
Tutor.com is an online tutoring platform that enables TAMU-CT students to log-in and receive FREE online tutoring and
writing support. This tool provides tutoring in Mathematics, Writing, Career Writing, Chemistry, Physics, Biology, Spanish,
Calculus, and Statistics. Chat live with a tutor 24/7 for any subject on your computer. To access Tutor.com, click on
www.tutor.com/tamuct.
11. INSTRUCTOR POLICIES



Only non-programmable calculators may be used for examinations.
Turn all cell phones off before the start of class and texting during class is not allowed.
Incompletes will only be granted for rare, exceptional circumstances and only for missing some small part of grade
requirements.
6. SEMESTER SCHEDULE This schedule is tentative and may be changed during the term as necessary.
ONLY PROBLEMS IN BOLD ARE TO BE HANDED IN
Jun 4
Jun 6
Introduction
Chapter 10
Chapter 10 & Chapter 11
E10-1, E10-3, E10-4, E10-5, E10-7, E10-10, E10-11
E10-15, E10-24, E10-27, P10-3, P10-4
Jun 11
Jun 13
Chapter 11
Exam 1 review
E11-1, E11-3, E11-9, E11-10, E11-13, E11-14, E11-18
E11-21, E11-22, E11-23 E11-26, P11-12
Jun 18
Jun 20
Exam 1 & Chapter 12
Chapter 12
E12-1, E12-2, E12-7, E12-9, E12-11
E12-13, E12-14, E12-19, E12-21, E12-22, E12-23, P12-16
Jun 25
Jun 27
Chapter 13
Exam 2 & Chapter 14
E13-1, E13-3, E13-5, E13-7, E13-9, E13-10, E13-15, E13-20, P13-2
E 14-3, E14-7, E14-9, E14-11
Jul 2
Jul 4
Chapter 14
***** Holiday *****
E14-17, E19, E14-21, E14-22, E14-23, E14-28, P14-13
Jul 9
Jul 11
Chapter 15
Exam 3 & Chapter 18
E15-2, E15-3, E15-4, E15-5, E15-13, E15-14, E15-15, E15-16, E15-20
E18-1, E18-3, E18-4, E18-6
Jul 16
Jul 18
Chapter 18
Chapter 19
E18-8, E18-10, E18-12, E18-13, E18-19, E18-21, E18-23, P18-6
E19-1, E19-4, E19-7, E19-8, E19-9, E19-11, E19-16, E19-19, E19-23
Jul 23
Jul 25
Chapter 19
Final exam
E19-24, P19-14
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