syllabus template - online learning - keystone...
TRANSCRIPT
Course ACCT 207 Intermediate Accounting IIIInstructor Dr. Patricia Davis
Credits 3Term Summer Session, 2013
Meetings Online Delivery
Instructor’s Contact InformationOffice Phone (570) 945-8424
Emergency ContactIn the event of an emergency, contact Becky Berardis, Division Assistant at (570) 945-8433
Office LocationHarris Hall 408Online Office Chat
Email Address [email protected] Hours M 9-11 am, T-R 7-8 am. Online chat T 7-8 pm
Syllabus ChangesInstructors reserve the right to make changes to the syllabus as needed, and you are responsible for keeping up with those changes. Please log on regularly to Moodle to get the most current information.
Other InformationIn will respond to e-mail within 24 hours. Assignments will be corrected within 48 hours after the due date
Course Description & Information
Pre-requisites, Co-requisites, & other
restrictions
Pre-requisite: Completion of ACCT 202 – Intermediate Accounting II
Online Learning Expectations: To be successful academically, online students must be able to navigate & search the internet, use email, attach and upload documents, download & save files, and have access to and use Microsoft Word, Excel & PowerPoint.
Course Description
This course studies intermediate problems involving complex business situations that a more advanced than those found in financial accounting. Students will become familiar with principles relating to corporate equity, pensions, leases, revenue recognition, statement of cash flows, and financial statement analysis. Material covered has a high expectancy of coverage on the CPA/CMA exam.
Required Readings Intermediate Accounting, 14 ed. By Kieso, Weygandt, and Warfield.
Buying Textbooks
Please note that the Keystone College Bookstore has the most complete and up-to-date information about your course textbooks. Be sure you are purchasing the correct edition and receive all the materials you need.
Recommended ReadingsAdditional readings assigned per chapter posted on Moodle. Students will also review PowerPoint presentations for each chapter.
Special NAUpdated January 2012
Software/Hardware
Browser/Plugin/Viewer Info
For standard Browser/Plugin/Viewer visit this page: http://web.keystone.edu/library/syllabus/browser.htm
Other Required Materials
To be announced on Moodle as determined by chapter assignments.
Objectives
Objectives
Objectives
Outcomes
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Grading
Grading (credit) Criteria
GradePoints
Needed Percentage Breakdown PointsA 1132.7 94-100% Exam 1 100A- 1084.5 90-93% Exam 2 100B+ 1048.35 87 - 89% Exam 3 100
B 1000.15 83 - 86% Exam 4 50B- 964 80 - 82% Comparative Case 350C+ 915.8 76 - 79% Assignments 330C 843.50 70 - 75% PowerPoints 35
D 723 60-69% Discussion Board Forums 140
F below 723 below 60% Total Points 1205
AssignmentsAll assignments (your original work) are to be turned in on Moodle by the due date. Assignments will only be accepted this way. Late assignments are NOT accepted for credit.
Discussion Board Criteria
Students are required to post an initial response to the Discussion Board Forum each week by Thursday at 11:00 pm. Please post early enough in the week so that other learners have time to respond to your response. Students will also respond to at least one other learner in the class by Saturday at 11:00 pm each week. Discussion Board response must be at least 75 words with proper references. Follow-up replies will be at least 40 words. Students must follow Netiquette conduct at all times.
Make-Up& Late There is NO make up work for this course. Late assignments will NOT be accepted.Updated January 2012
WorkExtra Credit There is No extra credit for this course.
Class Preparation & Participation
To be successful in this course, students should log unto Moodle at least three times per week. Please follow proper Netiquette when responding to Discussion Board Forums. Participation is mandatory and will impact your grade. All work must be submitted by the due date.
Course PoliciesMake-Up
Exams There are No make –up exams for this course
Extra Credit There is NO extra credit for this course.
Late Work Late assignments will not be accepted. Assignments not submitted by the due date will receive a ZERO grade.
Special Assignments
Assignments utilizing “real world” financial statements are an important part of this course. These assignments are referred to as Comparative Analysis Cases and will follow most chapters.
Class Attendance
Students are expected to log on to the course at least three times per week to access course assignments, Discussion Board Forums and other materials.
Student Conduct/
Netiquette
For Netiquette information, visit this webpage: http://web.keystone.edu/library/syllabus/netiquette.htm
Special Procedures
Taking Exams and Proctoring: http://www.keystone.edu/academics/onlinelearning/studentresources/takingtest.dot
Moodle Support
To access the Keystone College MoodleRooms platform: http://moodlerooms.keystone.edu
For MoodleRooms supportEmail: [email protected]: 1-855-848-5021Chat: https://chat.perceptis.com/c/keystone/
For a New Student Orientation to Moodle, visit: http://www.keystone.edu/educationaltechnology/student-training.dot
For tutorials on using specific aspects of Moodle, visit http://www.moodlerooms.com/resources/tutorials/participate/
Technical Support
You can get technical support or assistance by visiting the Technology Support page here: http://www.keystone.edu/technologysupport/index.dot or by contacting the IT Helpdesk at (570) 945-8778 or [email protected]
Plagiarism & Academic Integrity
Academic misconduct and dishonesty includes any activity that compromises the academic integrity of the College or subverts the educational process. For information on dishonest acts including plagiarism, cheating, and fraud, consult your Student Information Guide or click on the link below. If you have any questions, talk with your instructor. http://web.keystone.edu/Library/syllabus/integrity.htm
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Copyright Notice
The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted materials, including music and software. Copying, displaying, reproducing, or distributing copyrighted works may infringe the copyright owner’s rights and such infringement is subject to appropriate disciplinary action as well as criminal penalties provided by federal law. Usage of such material is only appropriate when that usage constitutes “fair use” under the Copyright Act. As a Keystone College student, you are required to follow the College’s copyright policy. For more information about the fair use exemption, see the Miller Library’s copyright page: http://web.keystone.edu/library/copyright.html
Email Use
Keystone College states that all official student email correspondence be sent only to a student’s Keystone email address and that faculty and staff consider email from students official only if it originates from a Keystone account. This allows the College to maintain a high degree of confidence in the identity of all individuals and the security of transmitted information. Keystone College furnishes each student with a free email account that is to be used in all communication with College personnel.
Withdrawal from Class
The College has set deadlines for withdrawing from courses. These dates and times are published in the course catalog and on the Academic Calendar. It is the student's responsibility to handle withdrawal requirements from any class. You must do the proper paperwork to ensure that you will not receive a final grade of "F" in a course if you choose not to attend once you are enrolled. If you are considering withdrawing from a class, talk with your Advisor and consult the College Catalog.
Academic Grievance
Procedures
Procedures for student grievances are found in the College Catalog. Please consult the procedures before taking action.
Please note: The first step in attempting to resolve any student grievance regarding grades, evaluations, or other fulfillments of academic responsibility, is to make a serious effort to resolve the matter with the instructor. The College Catalog outlines any subsequent steps.
Incomplete Grades
According to the College Catalog, an Incomplete (“I”) will only be awarded in the case of exceptional circumstances. Mere inability to submit work on time, or missing the final exam, is not valid reasons for an Incomplete.
Students must make arrangements with the instructor prior to the final exam it they wish to receive a grade of incomplete. (Forms are available in the Office of the Registrar.) The deadline for the completion of the coursework is four weeks into the next semester. If the course work is not completed within the specified time frame, the incomplete grade will become an “F.”
ADA Statement
Keystone College does not discriminate in any of its programs on the basis of disability.
While there is not a deadline for the disclosure of a disability by a student, in order to facilitate the documentation and accommodation processes, students are encouraged to voluntarily and confidentially disclose and disability requiring an accommodation prior to the beginning of class. This disclosure should be made to Owen Conaghan, [email protected] College Counselor & Coordinator of Disability Services. Students who disclose a disability, and who are seeking an accommodation, ultimately will be expected to provide documentation verifying the disability.
KC ConnectFor information about classes & advisers, to check midterm and final grades or to register
Updated January 2012
for classes, logon to KC Connect.
Tutoring Info
The College does offer tutoring assistance for many courses. For more information or to schedule an appointment, consult the Tutoring webpage here: http://www.keystone.edu/studentlife/studentsuccess/tutoring.dot
Advising & Other
Student Support Info
For information about academic advising, visit the Student Success Center’s Academic Advising page here: http://www.keystone.edu/studentlife/studentsuccess/academicadvising.dot For a list of Student Support Services, visit the Student Success Center webpage here: http://www.keystone.edu/studentlife/studentsuccess/
Bookstore Info
Visit the Bookstore at this link: http://www.bkstr.com/webapp/wcs/stores/servlet/StoreCatalogDisplay?storeId=10117&langId=-1&catalogId=10001
Library Info If there are materials on course reserve or other subject specific details, list them here.
Schedule of Assignments (n.b. Modules are REQUIRED for Online Courses )
You may elect to delete these charts and replace them with your own schedule to preserve your original format.
Modular Example
Module # and date Modular Learning Objectives AssignmentsWeek oneOrientation module is # 1
Module # 2 Chapter 16
Learn to use the online classroom Meet the other members of the class.
Read Ch 16 -Dilutive Securities and Earnings per Share
1. Describe the accounting for the issuance, conversion, and retirement of convertible securities.
2. Explain the accounting for convertible preferred stock.
3. Contrast the accounting for stock warrants and for stock warrants issued with other securities.
Introductions on the Discussion Board
Review PowerPoint Presentation ( 5 points)
Complete assignment ( 30 points)
Participate in Discussion Board Forum ( 20 points)
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Week 2 – Module # 3 Chapter 16 continued
Week 3 – Module # 4 Chapter 17
Week 4 – Module# 5 Chapter 17 continued
1.Describe the accounting for stock compensation plans under generally accepted accounting principles
2.Compute earnings per share in a simple capital structure.
3. Compute earnings per share in a complex capital structure.
4. Explain the accounting for stock-appreciation rights plans.
5. Compute earnings per share in a complex situation.
Read Ch 17 - Investments 1.Identify the three categories of
debt securities and describe the accounting and reporting treatment for each category.
2. Understand the procedures for discount and premium amortization on bond investments.
1. Identify the categories of equity securities and describe the accounting and reporting treatment for each category.
2. Explain the equity method of accounting and compare it to the fair value method
Complete assignment ( 30 points)
Complete Comparative Analysis Case ( 50 points)
Review PowerPoint presentation ( 5 points)
Participate in Discussion Board Forum ( 20 points)
Complete and submit assignment ( 30 points)
Complete and submit Comparative Analysis Case ( 50 points)
Complete and submit assignment ( 30 points)
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Week 5 -Module # 6 Ch 18
Week 6 Module # 7Ch 18 continued
Week 7 Module # 8 Ch 20 and Module # 9 Mid-term survey
for equity securities
Read Ch 18- Revenue Recognition
1. Apply the revenue recognition principle.
2. Describe accounting issues for revenue recognition at point of sale.
3. Apply the percentage-of-completion method for long-term contracts.
1. Apply the completed-contract method for long-term contracts.
2. Describe the installment-sales method of accounting.
3. Explain the cost-recovery method of accounting.
Read Ch 20 – Pensions and Post-retirement Accounting
1. Distinguish between accounting for the employer’s pension plan and accounting for the pension fund.
2. Identify types of pension plans and their characteristics.
3. Explain alternative measures for valuing the
Test Ch 16 & 17
Review PowerPoint Presentation ( 5 points)
Participate in Discussion Board ( 20 points)
Complete and submit assignment ( 30 points)
Complete and submit Comparative Analysis case ( 50 points)
Complete and submit assignment ( 30 points)
Review PowerPoint presentations ( 5 points)
Participate in Discussion Board ( 20 points)
Complete and submit assignment ( 30 points)
Complete and submit Updated January 2012
Week 8-Module #10 Chapter 21
Week 9 – Module # 11
pension obligation.4. List the components of
pension expense.5. Use a work sheet for
employer’s pension plan entries.
6. Describe the amortization of prior service costs.
Read Ch 21- Leases
1. Explain the nature, economic substance, and advantages of lease transactions.
2. Describe the accounting criteria and procedures for capitalizing leases by the lessee.
3. Contrast the operating and capitalization methods of recording leases.
1. Identify the classifications of leases for the lessor.
Comparative Analysis Case ( 50 points)
Test Ch 18 & 20 ( 100 points)
Complete mid-term survey
Review PowerPoint presentations( 5 points)
Participate in Discussion Board ( 20 points)
Complete and submit assignment ( 30 points)
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Chapter 21 continued
Week 10 – Module # 12 Chapter 23
Week 11 - Module # 13 Chapter 23 continued
2. Describe the lessor’s accounting for direct-financing leases.
3. Identify special features of lease arrangements that cause unique accounting problems
Read Ch 23 – Statement of Cash Flows
1. Describe the purpose of the statement of cash flows.
2. Identify the major classifications of cash flows.
3. Differentiate between net income and net cash flow from operating activities.
4. Contrast the direct and indirect methods of calculating net cash flows from operating activities.
5. Determine net cash flows from investing and financing activities.
1. Prepare a statement of cash flows.
2. Identify sources of information for a statement of cash flows.
3. Discuss special problems in preparing a statement of cash flows.
4. Explain the use of a
Complete and submit Comparative Analysis case ( 50 points)
Complete and submit assignment ( 30 points)
Review PowerPoint presentations ( 5 points)
Participate in Discussion Board Forum ( 20 points)
Complete and submit assignment ( 30 points)
Complete and submit Comparative Analysis Case ( 50 points)
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Week 12 – Module # 14 Chapter 24
Module # 15 Online survey
worksheet in preparing a statement of cash flows.
Read Ch 24- Full Disclosure in Financial reporting
1. Understand management’s responsibilities for financials.
2. Identify issues related to financial forecasts and projections.
3. Describe the profession’s response to fraudulent financial reporting.
4. Understand the approach to financial statement analysis.
5. Identify major analytic ratios and describe their calculation.
6. Explain the limitations of ratio analysis.
7. Describe techniques of comparative analysis.
8. Describe techniques of percentage analysis.
Complete and submit assignment ( 30 points)
Test Ch 21 and 23 ( 100 points)
Review PowerPoint presentations ( 5 points)
Participate in Discussion Board Forum ( 20 points)
Complete and submit assignment ( 30 points)
Complete and submit Comparative Analysis Case ( 50 points)
Test Ch 24 ( 50 points)
Complete online survey
Updated January 2012
Updated January 2012