ACCTG 326: Intermediate Financial Accounting
Fall 2012
email to Dr. Joh(acc326.2@gmail.com)
Office:SS2437
Classroom:GMCS309 (TTh 11:00
am~12:15pm)
Office Hrs: TTh 9:30am~10:30am
At the end of this course students should be able to:
1. Explain major US and international accounting standards and rules and how to apply them
to financial statements analysis.
2. Analyze operating, investing, and financing transactions and report them on financial
statements.
3. Compare and evaluate various accounting methods of accrual accounting, capital
expenditures, and financing.
4. Measure the impacts of an accounting method on financial accounting numbers and
financial ratios.
5. Develop and design an appropriate financing strategy based on financial data.
Textbook: Revsine, Collins, Johnson, and Mittelstaedt, Financial Reporting & Analysis, 5th ed.,
Prentice Hall (RCJM)
classes mm/dd
1
8 28
2
ch.
1
class schedule
topics
Financial Reporting Environment
Accrual Accounting and Income
Determination
Accrual Accounting
Income Determination
the Balance Sheet and Notes
Accounting Equations
the Cash Flow Statement
Cash Flows and Financial Management
Exam #1
30
2
4
6
11
13
18
20
25
2
2[qz]
4
4[qz]
4
17
10
27
5[qz]
Essentials of FSA
11
12
13
14
10 2
4
9
11
8
8
8[qz]
9
Receivables
Receivable Management
Restructuring Debt
Inventories
3
4
5
6
7
8
9
9
assignments
P2-2
E2-4,E2-8
E4-2,E4-5
E4-7,E4-12
E17-5
E5-6, P5-2, P5-8, P511
E8-3, E8-4
E8-15
E9-8
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

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16
18
9
Income Taxes and Inventories
9[qz]
Comparable Inventory Costs
16
23
Investment in Equity and Debt Securities
(pp.949~961)
25
Fair Valuation
30
Exam #2
11 1
10
Long-lived Assets
6
10
Asset Exchanges and Repairs
8
10[qz]
Depreciation
13
10
Intangibles
15
11
Debt Financing
20
11
Bond Amortization Table
27
12
Lease Accounting
11 29
12
Income Tax Reporting
12 4
13
Reporting Taxes
6 13[qz]
Tax Management
13
Final Exam (10:30am~12:30pm)
E9-13
E9-12
E16-1,E16-4
E10-1,E10-11
E10-3,E10-6
E10-4
E11-5,E11-6
E12-4
E13-1, E13-15
ICA : In-Class Assignment.
[qz]: chapter review quiz.
Course Policies:
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The pre-requisite for the course is Accounting 201 or its equivalent, with a minimum grade
of C.
No make-up examination will be permitted except for reasons of illness where the instructor
is notified in advance of the scheduled exam and the student supplies a letter from a
physician explaining the nature of the illness.
I retain the right to retain any class related materials prepared by students.
Each significant contribution during class discussion is rewarded by a bonus point card. A
few examples of "significant contribution" are "to ask appropriate questions helping the
class understand the content," "to show a better and creative approach to cases or problems."
Each bonus card is worth one multiple choice question in the next exam. You may not sell
or buy the card or use the bonus card to raise your score above 100%.
Assigments are due by the beginning of each class: for example, P2-2(RCJM,5th,p.113)
must be turned in between 10:50am through 11:00 am September 4th. No late submission or
early submission will be accepted. Each submission must be hand-written (NOT typed)
unless it requires otherwise. You only get a credit for doing the homework in good faith.
Any homework with a score below 50% is considered not done in good faith. Each
assignment is graded mainly based on the effort that you put, not by the correct answers. No
two submissions should look similar. If you are not available during the class to answer how
you did the assignment, your submission is assumed done not in good faith either.
On finishing each chapter, there may be a review quiz. Out of the seven scheduled quizzes,
the worst two scores will be dropped.
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The class average for this course has typically been in the 2.6 - 2.9 range. You may assess
your performance based on the traditional grade cutoffs of 93%=A, 90% = A-, 87%=B+,
83% = B, 80%=B-, 77%=C+, 73% = C, 70%=C-, 60% = D, and below 60% = F.
I may curve the final grades if necessary, based on the class average and the academic
standards for the course.
Incompletes will be given only in the RAREST of circumstances and according to
university policy. There will be no opportunity to raise your course grade by doing "extra
credit" work during or after the end of the semester-that would violate University policy.
Course Assessment:
Assignments
Weights
Exam 1
20%
Exam 2
30%
Final Exam
30%
In-class Quizzes (Best 5 out of 7)
10%
Homework (20)
10%
Total
100%
Office Hours
I encourage each of you to take advantage of my regularly scheduled office hours to discuss
problems and to seek assistance when needed throughout the semester. I would like to talk to each
of you at least once. If you cannot make it to my regularly-scheduled office hours, feel free to
schedule an individual appointment with me. It is my job to help you learn and succeed in this
class, and I will help whenever possible.
In an effort to make the class successful for all students, please provide me feedback on how the
course is going and how you feel you are doing in the course. I can make this class more successful
if I hear from you about what you do and do not understand. I welcome your feedback during office
hours and via e-mail.
Grading questions or appeals
DO NOT WAIT UNTIL THE END OF THE SEMESTER TO TAKE ACTION ON GRADING
ISSUES. BY THAT TIME IT WILL BE TOO LATE! If you feel there exists a grading error on
any of the above grade components, or if you feel you need to bring to my attention other facts or
circumstances that might affect the grade for that item, you will have one week from the date the
grade is posted on Blackboard or the graded item is redistributed back to the class (whichever is
earlier) to take such action and have the matter resolved. If for whatever reason you are not in class
on the day the graded item is available for pickup, the one-week period will still begin on that day.
Dishonesty Policy:
Cheating on any exam or class assignments will result in a zero for that activity. A definition of
"cheating" is found in the SDSU Student Policies Manual, Section 01:10:01 on cheating, plagiarism
and facilitating academic dishonesty. Executive Order 969 mandates that faculty report all incidents
of academic dishonesty to the Center for Student Rights and Responsibilities. http://csrr.sdsu.edu.
Fulfillment of assigned projects must represent the original work of each student. Plagiarism is not
appropriate.