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University of Bridgeport
School of Business
ACCOUNTING 557
Business Environment and concepts for Accountants
Prof. Dr. David Kohn
STUDENT SYLLABUS
My office is located in Mandeville Hall, Room 202
Telephone Number: 203-576-4380 (Office)
Email: dkohn@bridgeport.edu
Office Hours:
Main Campus
Monday:
2:00PM-6:00PM
Tuesday:
11:00AM-6:00PM
By Appointment
Mailing Address:
School Of Business
230 Park Ave
University of Bridgeport
Bridgeport, CT 06604
COURSE DESCRIPTION
This course will provide current knowledge in the business environment as it relates to the
accounting profession.
By the end of the course the student should have professional competency in:
A. Corporate governances
B. Economic Concepts and Analysis
C. Financial Management
D. Information Systems and Communications
E. Strategic Planning
F. Operations Management
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Requirements to take the course:
1. Undergraduate degree in Accounting or equivalent course work.
2. Permission by the professor and administration to take the course
Textbooks:
1. Warren, C.S, Reeve, J.M, Duchac, J.E. Financial and Managerial Accounting, 12th
Edition, ISBN # 978-1-133-95242-8
2. Wahlen, J.M, Jones, J.P, Pagach, D.P, Intermediate Accounting, ISBN # 978-1-11182237-6
3. Bisk, N., JD. CPA, Business Environment and Concepts, 43nd Edition, 2014, Bisk
Education –CPA Review, ISBN# 978-0-88128-097-5
Grading
Homework
Weekly Exams
Cumulative Exams
Final Exams
10%
40%
25%
25%
Grading scale:
A
AB+
B
BC+
C
Integrity:
No plagiarism or cheating on the exams and home works will be tolerated. Students are
required to prepare individually.
It is the student’s responsibility to familiarize himself or hersel2f with and adhere to the
standards set forth in the policies on cheating and plagiarism as defined in Chapter 2 and
5 of the Key to UB at www.bridgeport.edu/pages/2623.asp or in the appropriate graduate
program handbook
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CURRICULUM:
January 27, 2014
CHAPTER 1:
CORPORATE GOVERNANCE
I.
II.
III.
IV.
V.
VI.
VII.
Roles
Sarbanes-Oxley Act
Internal Control over Financial Reporting
International Standards for the Professional Practice of Internal Auditing
Enterprise Risk Management
Monitoring Control Effectiveness
Change Control Process
Homework




Book multiple choice exam and problems – read and solve
Online Multiple choice test and problems – submit
Hot Spots for extra help
Read Chapter 2
February 3, 2014
Continuation of Hot Spots – Corporate Governances
CHAPTER 2:
ECONOMIC THEORY
I.
II.
III.
Microeconomics
Macroeconomics
International Economics
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


Homework
multiple choice exam and problems – read and solve
Online Multiple choice test and problems – submit
Hot Spots for extra help
Read Chapters 3
February 10, 2014
Hot Spots- Economics
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February 17, 2014
EXAM –Chapter 1-2
February 24, 2014
CHAPTER 3:
FINANCIAL MANAGEMENT
I.
II.
III.
IV.
V.
VI.
Overview
Time Value of Money
Security Valuation
Working Capital
Capital Budgeting
Long-Term financing
Homework




Book multiple choice exam and problems – read and solve
Online Multiple choice test and problems – submit
Hot Spots for extra help
Read Chapter 4
March 3, 2014
Hot Spots- Financial Management
March 10, 2014
CHAPTER 4
DECISION MAKING
I.
II.
III.
IV.
V.
VI.
Manager Accounting Overview
Cost-Volume Profit Analysis
Special Decisions
Direct (Variable) Costing
Process Management
Project Management
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Homework




Book multiple choice exam and problems – read and solve
Online Multiple choice test and problems – submit
Hot Spots for extra help
Read Chapter 5
EXAM Chapters 3-4 Online at home- timed
March 17, 2014 – NO CLASS – SPRING BREAK
March 24, 2014
CHAPTER 5
COST ACCOUNTING
Hot Spots in class
Homework




Book multiple choice exam and problems – read and solve
Online Multiple choice test and problems – submit
Hot Spots for extra help
Read Chapter 5
March 31, 2014
CHAPTER 5- Continued
I.
II.
III.
IV.
V.
VI.
Job Order Costing
Process Costing
Spoilage
Cost Allocation
Activity-based costing
Standard Cost Account
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April 7, 2014
CHAPTER 6
STRATEGIC PLANNING
I.
II.
III.
IV.
Budgets
Forecasting Tools
Performance Measures
Strategic Management
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

Homework
Book multiple choice exam and problems – read and solve
Online Multiple choice test and problems – submit
Hot Spots for extra help
EXAM 5-6 at home online timed
April 14, 2014
Hot Spots in class, CHAPTER 7
Homework




Book multiple choice exam and problems – read and solve
Online Multiple choice test and problems – submit
Hot Spots for extra help
Read Chapter 7
April 21, 2014
CHAPTER 7 - CONTINUED
INFORMATION TECHNOLOGY
I.
II.
III.
IV.
V.
VI.
VII.
Overview
Business Information Systems
Electronic commerce applications
Business Continuity
General Controls
Application Controls
Special Systems
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April 28, 2014
CPA EXAM REVIEW
May 6, 2014
CPA EXAM
Syllabus subject to change
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