INTERMEDIATE ACCOUNTING II ACCT 304 COURSE ... - usi. ACCOUNTING II ACCT 304 Fall 2016 ... (the assignment does not have to be ... The final exam will be administered during the final exam week via MAL

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<ul><li><p>INTERMEDIATE ACCOUNTING II </p><p>ACCT 304 </p><p>Fall 2016 </p><p>Instructor: Jamie Seitz Office Hours: MWF 8-9 </p><p>Phone: 812-461-5421 via email; or anytime via https://zoom.us/j/7258456906 </p><p>E-mail: jlseitz@usi.edu </p><p>COURSE DESCRIPTION This course is a continuation of the intensive study and application of GAAP begun in </p><p>ACCT 303. The emphasis in this course is on the valuation and presentation of long-term </p><p>liabilities, stockholders equity, footnote disclosures required by GAAP, and other special </p><p>accounting topics. Prerequisite: ACCT 303 </p><p>LEARNING OBJECTIVES </p><p>1. Demonstrate the accounting for operating liabilities (short term, long term, income tax, leases, and employee compensation and benefits) and the related </p><p>losses. Additionally describe the related disclosure requirements (CHs 13, 14, 17, </p><p>18, 19), </p><p>2. Produce the required the accounting for stockholders equity and its main components and describe the related disclosure requirements (CH 15), </p><p>3. Implement the accounting for debt and equity investments and long-term notes receivable. Additionally, describe the related disclosure requirements (CH 16), </p><p>4. Compute basic and diluted earnings per share (EPS) and construct the necessary adjustments to income and describe the related disclosure requirements (CH 20), </p><p>5. Illustrate the types of accounting changes and explain the common accounting errors and corrections (CH 21), </p><p>6. Prepare the statement of cash flows and describe the related disclosure requirements (CH 22). </p><p>TEXT </p><p>Intermediate Accounting by E. Gordon, J. Raedy, A. Sannella; Pearson Publishing </p><p>2016; ISBN 13: 9780134053714 </p><p>FASB Codification Access for Students: Login: AAA51914 Password: c63hKHR The website to login is http://aaahq.org/ascLogin.cfm </p><p>Remind Application Instructions on how to sign up for this safe texting app will be sent at the beginning of the </p><p>course. You must sign up for this mode of communication. </p><p>MyAccountingLab MAL is a computer program developed and designed to reinforce the information </p><p>introduced in the accounting text. You will use the computer program to complete </p><p>exercises and problems that will give you practice in applying basic accounting principles </p><p>https://zoom.us/j/7258456906http://bulletin.usi.edu/preview_course_nopop.php?catoid=6&amp;coid=17982http://aaahq.org/ascLogin.cfm</p></li><li><p>and procedures. A major advantage of computer-assisted instruction is that you will be </p><p>provided immediate feedback to your responses and provided with an explanation of the </p><p>suggested solution to the exercise. ALL assignments (HW/Exams) completed on MAL </p><p>are due by 9:00pm on the due date. No late work is accepted! </p><p>HOMEWORK </p><p>Homework assignments are to ensure that you are comprehending current material being </p><p>covered. You should NOT wait until the due date to begin work on the homework! You </p><p>may work on the homework at different times (the assignment does not have to be </p><p>completed in one sitting) and you can work/rework each exercise/problem as many times </p><p>as needed to fully grasp the material up to the due date of the assignment. The homework </p><p>assignments are a tool to allow you the opportunity for more practice of the concepts in </p><p>the chapter and those covered in class. Working diligently and fully understanding the </p><p>homework assignment will be a good first step in preparation for the upcoming exam. </p><p>You should NOT fully rely on the homework as your only preparation for the </p><p>exam/assessment(s). (These assignments are located under Do Homework in MAL). </p><p>EXAMS </p><p>Exams are completed online via MAL (can be a combination of short answer, multiple </p><p>choice). Exams test your ability to recall the concepts that you have acquired in your </p><p>readings of the chapters, our class discussions, online lectures and individual research. In </p><p>addition, exams will require that you be able to not only recall concepts but be able to </p><p>apply them in accounting situations. Exams will be given, on MAL, during the course as </p><p>outlined in the Course Calendar. Please note: there are NO makeup exams! All exams </p><p>open at 6am and close at 9pm (central time). The exams have a time limit of 2 hours </p><p>(except for the final with a time limit of 3 hours). Once you begin an exam on MAL </p><p>you will have to complete the assignment (i.e. you may not stop and start). Once the last </p><p>day to complete the exam has past there will be no make-up exams allowed. That being </p><p>said, I always recommend completing assignments earlier rather than later. (These </p><p>assignments are located under Take a Test in MAL). All exams are open 6am-9pm. </p><p>FINAL EXAM </p><p>The final exam will be administered during the final exam week via MAL. You will be </p><p>given 3 hours to complete the comprehensive exam. It must be completed PRIOR to </p><p>9:00pm on the last day of final exam week. Do not wait until the last minute </p><p>(computer/Internet problems is not an excuse to not complete the exam on time NO </p><p>EXTENSIONS WILL BE GIVEN!) Final exam is open 6am-9pm. </p><p>PARTICIPATION/DEPORTMENT/PROFESSIONAL DEVELOPMENT </p><p>A portion of your grade MAY be determined by your level of activity in periodic online </p><p>discussions of topics as well as your responses to others postings. In addition, good </p><p>behavior is expected in this course and lack of respect for each other and/or the professor </p><p>will result in a reduction or loss of deportment points (i.e. poorly worded or </p><p>disrespectful email communication, discussion posts, etc.). </p><p>NOTE: </p></li><li><p>There are multiple online lectures that I have developed and you are encouraged to </p><p>utilize those to assist you throughout this course. The online lectures are not exhaustive </p><p>with regards to coverage of the material and you will not be able to rely solely on the </p><p>notes from those lectures. You can find them for this course on Blackboard as well as </p><p>other potentially helpful materials (lectures from your previous accounting courses: </p><p>Financial and Managerial). </p><p>All Assignments in MAL are due by 9:00pm on the due date or the last date available </p><p>unless otherwise stated. Discussion posts are due before midnight on the day of the next </p><p>exam. You should only email assignments if there is no specific dropbox created for </p><p>that assignment or if instructed to do so. Any emailed assignment should be in PDF </p><p>format and in ONE file (i.e. Not multiple files for multiple pages - these should all be </p><p>merged into one PDF file as with ALL submissions, if I can't open the file it will not be </p><p>accepted as on time). Any emailed assignments must appear in my email box PRIOR to </p><p>the beginning of the class it is due or it is considered late and will not be accepted. </p><p>Please make sure you keep a close eye on your MAL calendar and the course calendar at </p><p>the end of the syllabus to stay abreast of when things are due! This is YOUR </p><p>responsibility - NO LATE WORK IS ACCEPTED! </p><p>METHODS </p><p>1. Online video lectures and online discussion of text material, </p><p>2. Application of text material in solving assigned problems, </p><p>3. Collaborative group discussions for problem solving </p><p> GRADES </p><p>Exams 35% 90 - 100% A </p><p>Final Exam 25% 80 - 89% B </p><p> 70 - 79% C </p><p>HW/discussions 40% 60 - 69% D </p><p>Total 100% Below 60% F </p><p>ACADEMIC DISHONESTY </p><p>Academic dishonesty will not be tolerated in any form and will result in a grade of </p><p>0" for the examination or assignment and a failing grade in the course. The </p><p>instructor may also pursue the option of starting proceedings to have a student expelled </p><p>from the University for academic dishonesty. </p></li><li><p>CAREER ADVISING </p><p>Career advising is available through your academic advisor or any accounting professor. </p><p>Please take advantage of this opportunity to discuss the career paths open to accounting </p><p>graduates and to ask relevant questions. </p><p>AMERICANS WITH DISABILITITES ACT COMPLIANCE </p><p>If you have a disability for which you may require academic accommodations for this </p><p>class, please contact Disability Resources at 812-464-1961 or email Ronda Stone at </p><p>rfstone@usi.edu as soon as possible. Students who are approved for accommodations by </p><p>Disability Resources should request their accommodation letter be sent to their online </p><p>instructors. Due to the nature of online courses some accommodations approved for on </p><p>campus courses may not apply. Please discuss this with Disability Resources to clarify as </p><p>needed. Students who receive an accommodation letter from Disability Resources are </p><p>encouraged to discuss the provisions of those accommodations with their professors </p><p>before or during the first week of the semester. </p><p>If you will be in an internship, field, clinical, student teaching, or other off-campus </p><p>setting this semester please note that approved academic accommodations may not </p><p>apply. Please contact Disability Resources as soon as possible to discuss </p><p>accommodations needed for access while in this setting. </p><p>For more information, please visit the Disability Resources website at </p><p>http://www.usi.edu/disabilities. </p><p>AVAILABLE SUPPORT SERVICES </p><p>The University has a number of support services which are available for students. The </p><p>Counseling Center located in the University Division provides counseling services for </p><p>students with learning, physical or other disabilities. Please contact the Counseling </p><p>Center to learn more about this service. Academic Skills provides tutoring for many </p><p>lower level courses. Contact the Academic Skills office to determine the courses and </p><p>hours of tutoring services. </p><p>TECHNICAL SUPPORT CONTACT INFORMATION </p><p> USI Help Desk: Ph: (812) 465-1080 / email: it@usi.edu </p><p> Pearson Support: http://www.pearsonmylabandmastering.com/northamerica/mymathlab/students/support/ </p><p>tel:812-464-1961mailto:rfstone@usi.eduhttp://www.usi.edu/disabilitiesmailto:it@usi.eduhttp://www.pearsonmylabandmastering.com/northamerica/mymathlab/students/support/</p></li><li><p>Date CH Objective / Topic Assignment Due </p><p>Before </p><p>semester </p><p>begins </p><p> Class Introduction via MAL Discussion board </p><p>Read Syllabus thoroughly </p><p>Discussion Post 1 </p><p>(Student Intro) </p><p>8/22, 8/24, </p><p>8/26 </p><p>13 Operating Liabilities and Contingencies HW (CH 13) </p><p>8/29, 8/31, </p><p>9/1 </p><p>14 Financing Liabilities HW (CH 14) </p><p>9/5, </p><p> 9/7, 9/9 </p><p>18 Labor Day No Class </p><p>Accounting for Leases </p><p>HW (CH 18) </p><p>9/12, 9/14, </p><p>9/16 </p><p>18 Accounting for Leases </p><p> Module 1 EXAM (CH </p><p>13, 14, 18) </p><p>Module 1: Discussion </p><p>Post 2 (due before </p><p>midnight) </p><p>10/3, 10/5, </p><p>10/7 </p><p>15 Accounting for Stockholders Equity HW (CH 15) </p><p>10/10, </p><p>10/12, 10/14 </p><p>16 Investing Assets </p><p>HW (CH 16) </p><p>10/17, 10/19 </p><p>10/21 </p><p>17 Accounting for Income Taxes </p><p>*Last day to drop without evaluation: 10/21 </p><p>HW (CH 17) </p><p>10/24, </p><p>10/26, 10/28 </p><p>19 Accounting for Employee Compensation </p><p>and Benefits </p><p>HW (CH 19) </p><p>10/31, 11/2, </p><p>11/4 </p><p> Module 2 EXAM (CH </p><p>15, 16, 17, 19) </p><p>Module 2: Discussion </p><p>Post 3 (due before </p><p>midnight) </p><p>11/7, 11/9, </p><p>11/11 </p><p>20 Earnings per Share HW (CH 20) </p><p>11/14, </p><p>11/16, 11/18 </p><p>21 Accounting Changes and Error Analysis </p><p>HW (CH 21) </p><p>11/21, </p><p>11/23, 11/25 </p><p> Case Study </p><p>Thanksgiving Break No Class </p><p>TBA </p><p>11/28, 22 The Statement of Cash Flows HW (CH 22) </p></li><li><p>11/30, 12/2 </p><p>12/5, </p><p>12/7, </p><p>12/14 </p><p>22 The Statement of Cash Flows </p><p>Study Day No Class </p><p>Module 3 EXAM (CH </p><p>20, 21, 22, &amp; </p><p>Cumulative Final </p><p>Exam) </p><p>Module 3: Discussion </p><p>Post 4 (due before </p><p>midnight) </p></li></ul>

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