****COLLEGE OF BUSINESS****
ACADEMIC SYLLABUS
ACG 3113 Sec. 1(3831)
Intermediate Accounting II
0510 Spring Term 2016
INSTRUCTOR:
OFFICE:
PHONE:
EMAIL:
WEBPAGE:
OFFICE HOURS:
Dr. JulieAnne Adamich-Scheblein
Tarpon Springs Campus LY 110
(727)-614-7085
adamich.julie@spcollege.edu or MyCourses email (preferred)
http://www.spcollege.edu/instructors/id/128
Posted on instructor webpage
ACADEMIC DEPARTMENT:
Academic Chair:
Dr. Jenice Armstead
Office Location:
Tarpon Springs Campus BB 150
Phone Number:
(727)-712-5230
REQUIRED TEXTBOOK & OTHER RESOURCE INFORMATION:
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Intermediate Accounting II (customized with ConnectPlus code).
Access to high speed Internet.
Knowledge of Microsoft Office.
Basic calculator.
ISBN Number: 9781308678740 (includes text and a 2-semester ConnectPlus access
code)
Important: This bundle package has been customized for Saint Petersburg College.
Note: Instructions on how to register for ConnectPlus will be provided in MyCourses
(D2L). There is a 2 week free-trial access to ConnectPlus (which is required for all
assignments and contains e-text access).
COURSE INFORMATION:
DESCRIPTION:
Prerequisite: ACG 3103. This course is a continuation of Intermediate Accounting I (ACG
3103). The topics included are tangible and intangible assets, investments, current
liabilities and contingencies, bonds and long term debt, shareholder’s equity, and earnings
per share: 47 contact hours
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MAJOR LEARNING OUTCOMES:
1. The student will identify the various costs included in the initial cost of property,
plant, and equipment, natural resources, and intangible assets.
2. The student will determine depreciation (depletion in case of natural resources)
using both time-based and activity-based methods.
3. The student will describe the amortization and valuation of intangible assets.
4. The student will identify the situations that involve significant impairment of the
value of operational assets and describe the required accounting procedures.
5. The student will demonstrate how to identify an account for investments and its
different classifications.
6. The student will define liabilities and distinguish between current, long-term
liabilities, and other instruments of debt such as bonds.
7. The student will describe the components of shareholder’s equity and explain how
they are reported in the statement of shareholder’s equity.
8. The student will calculate Earnings per Share (EPS)
ASSIGNMENTS AND SCHEDULE:
MODULE
TOPIC
ASSIGNMENTS
Module 1
CH 10
Property, Plant, and Equipment and
Intangible Assets: Acquisition and
Disposition.
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Initial cost of property, plant, and
equipment
Intangible assets
Exchange for equity securities
Fixed-asset turnover ratio
Dispositions and exchanges
Capitalized interest
Accounting treatment of costs
incurred
*Acceptance of Syllabus Quiz
*Introduction discussion post
*Learn Smart CH 10
Homework CH10: ConnectPlus
#Quiz CH10: ConnectPlus
#Weekly discussion question-initial
post
#Weekly discussion question-reply
post
* DUE: Monday 3/21 8AM
# DUE: Tuesday 3/22 8AM
ALL assignments are accessible until
their scheduled due date. Thus, I
“highly encourage” you to work ahead
of schedule since our 8-week course
progresses quickly.
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MODULE
Module 2
TOPIC
CH11
Property, Plant, and Equipment and
Intangible Assets: Utilization and
Impairment.
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Concept of cost allocation
Periodic depreciation
Periodic depletion
Periodic amortization of intangible
assets
Different accounting treatments
Accounting treatment for errors
Identify significant impairment
Repairs, maintenance, additions,
improvements
Module 3
CH 12
Investments.
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Held-to-maturity
Trading securities
Available-for-sale securities
Significant influence
Equity method
Fair value of the net asset
ASSIGNMENTS
*Learn Smart CH 11
*Homework CH11: ConnectPlus
#Quiz CH11: ConnectPlus
#Weekly discussion question-initial
post
#Weekly discussion question-reply
post
* DUE: Monday 3/28 8AM
# DUE: Tuesday 3/29 8AM
* Learn Smart CH 12
* Homework CH12: ConnectPlus
# Quiz CH12: ConnectPlus
#Weekly discussion question-initial
post
#Weekly discussion question-reply
post
* DUE: Monday 4/4 8AM
# DUE: Tuesday 4/5 8AM
Module 4
CH 13
Current Liabilities and
Contingencies
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Current and long-term liabilities
Notes
Accrued liabilities and other
liabilities
Noncurrent obligations
Contingencies
* Learn Smart CH 13
* Homework CH13: ConnectPlus
# Quiz CH13: ConnectPlus
#Weekly discussion question-initial
post
#Weekly discussion question-reply
post
* DUE: Monday 4/11 8AM
# DUE: Tuesday 4/12 8AM
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TOPIC
MODULE
Module 5
CH 14
Bonds and Long-Term Notes.
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Module 6
Characteristics of debt instruments
Bonds: Face value, discount, or at
premium
Notes, installment notes
Forms of long-term debt
Financial ratios
Extinguishment of debt
Report liabilities at their fair values
ASSIGNMENTS
* Learn Smart CH 14
* Homework CH14: ConnectPlus
# Quiz CH14: ConnectPlus
# Weekly discussion question-initial
post
# Weekly discussion question-reply
post
* DUE: Monday 4/18 8AM
# DUE: Tuesday 4/19 8AM
CH15
Leases
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Operational, financial, and tax
implications
Rental agreements
Leases classification
Transactions associated with
operating leases
Capital lease
Sales-type lease
Bargain purchase option
Residual value of a leased asset
Executory cost, discount rate,
initial direct cost, and contingent
rentals
Sale-leaseback agreements
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CH18
Shareholder’s Equity
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Components
Comprehensive income
Forms of organizations
Issuance of shares
Retired shares and treasury shares
Paid-in capital
Dividends
Stock dividends and splits
* Learn Smart CH 15
* Homework CH15: ConnectPlus
# Quiz CH15: ConnectPlus
* Learn Smart CH 18
* Homework CH18: ConnectPlus
# Quiz CH18: ConnectPlus
#Weekly discussion question-initial
post
#Weekly discussion question-reply
post
* DUE: Monday 4/25 8AM
# DUE: Tuesday 4/26 8AM
Module 7
CH19
Share-Based Compensation and
Earnings Per Share
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Module 8
Stock award plans
Stock options
Share purchase plans
Complex capital structure
Common shares
Effect on EPS of the sale of new
shares
Preferred dividends and EPS
Options, rights, and warrants
Convertible securities
Treasury stock method
EPS in the income statement
CUMULATIVE FINAL EXAM!!
* Learn Smart CH 19
* Homework CH19: ConnectPlus
# Quiz CH19: ConnectPlus
#Weekly discussion question-initial
post
#Weekly discussion question-reply
post
* DUE: Monday 5/2 8AM
# DUE: Tuesday 5/3 8AM
* Cumulative Final Exam
* DUE: Wednesday 5/4 5PM
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IMPORTANT DATES:
Course dates: 3/14/16- 5/5/16
Last day to drop and receive a refund: 3/18/16
Last day to withdraw and receive a grade of “W” 4/14/16
Holidays (no class): 3/25-3/27/16
Academic calendar: http://www.spcollege.edu/calendar/
Financial Aid: http://www.spcollege.edu/getfunds/
DISCIPLINE SPECIFIC INFORMATION:
Accounting, in general is a challenging subject that requires a lot of patience,
perseverance, practice and study to learn. This is an intensive eight-week course. It is
recommended to dedicate a minimum of 12-15 hours per week to its study. Online and
blended classes give the student a lot of flexibility in regards to study time but it is
imperative to get organized and set a consistent time per week to master the learning
objectives and complete the assessments of this course.
The learning process can be very demanding, but at the same time it will be very
rewarding. The world of accounting is fascinating and will help you develop a new set of
skills that will open the doors to a whole new world of opportunities.
ATTENDANCE:
The college-wide attendance policy is included in the Syllabus Addendum at:
http://www.spcollege.edu/addendum
Students classified as “No Show” for both of the first two weeks will be administratively
withdrawn from the class.
A “No Show” means not completing the Acceptance of Syllabus/Course Expectations
Quiz and not registering for ConnectPlus for week one and no attempt of (discussion
forum, homework & chapter quiz) assignments as stated in the course syllabus for week
two.
Students who have not completed more than 40% of their assignments due
(discussions, homework & chapter exams) at the 60% point will be considered as “not
actively participating” in the class and may be administratively withdrawn with a grade of
“WF”.
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GRADING:
Grades will be earned in five parts, as follows:
Discussion Questions (Weeks 1-7)---------Learn Smart----------------------------------------Homework ------------------------------------------Chapter Quizzes ----------------------------------Cumulative Final Exam --------------------------
10%
10%
25%
40%
15%
Total possible points ---------------------------
100.00%
A
B
C
D
F
90 - 100%
80 - 89%
70 - 79%
60 - 69%
Less than 60%
ASSIGNMENTS:
It will be the students’ responsibility to complete their assignments on time and in an
acceptable manner. Thus, late assignments will not be accepted unless granted by
the instructor. If you have an extenuating circumstance please e-mail your
instructor to request an extension.
Assignments that are not completed by the due date will receive a zero (0). In
consideration of personal contingencies, the instructor will drop the student’s
lowest score on Learn Smart, homework and chapter quizzes. With this rule, the
student will not be penalized for a low score on a homework and chapter quiz.
Please pay attention to the instructions for every assignment such as due date, time
allowed (if that is the case), maximum attempts, etc. The instructions will be displayed in
ConnectPlus.
The due date for assignments will be posted by the instructor in ConnectPlus and
MyCourses (D2L).
Academic Support and Student Success (Tutoring, Libraries, Student Services):
http://www.spcollege.edu/support/
STUDENTS’ EXPECTATIONS:
Online /Student Conduct
http://www.spcollege.edu/addendum/#expect
Academic Honesty Policy
http://www.spcollege.edu/AcademicHonesty/
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STUDENT SURVEY OF INSTRUCTION:
The student survey of instruction is administered in courses each semester. It is
designed to improve the quality of instruction at St. Petersburg College. All student
responses are confidential and anonymous and will be used solely for the purpose of
performance improvement.
SYLLABUS CHANGES:
Will be posted in MyCourses (D2L) and announced to all the students.
SYLLABUS ADDENDUM:
Please make sure you read the information in the addendum.
http://www.spcollege.edu/addendum/
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