INTERNATIONAL ACCOUNTING

ACCOUNTING 4343

FALL 2007

 

INSTRUCTOR:         Lori R. Brasher

TELEPHONE:           731-852-3100 Office

EMAIL:                      lori@lrbrasher.com

OFFICE HOURS:      Will be in classroom at least one hour prior to class time

Will stay after class time as needed

CLASS TIME:           Tuesdays, 6:00 – 8:45 p.m.

 

Course Description:  International reporting responsibility must consider multinational firms as an economic and social force, international currency systems, prices worldwide, and international diversification of investment.  Accounting information must serve decision makers whose needs are international in scope.  It is recommended that BUS 2163 be taken prior to taking this course.  Prerequisites:  ACC 2143 and ACC 2153.

 

Course Objectives:  Provide an overview of the broadly defined area of international accounting.  Focus on the accounting issues related to international business activities and foreign operations.  Students should also leave the class with more practice using Excel, PowerPoint, and Word software programs.

 

Text:  International Accounting, Timothy Doupnik and Hector Perera, McGraw-Hill, 2005.

 

COURSE REQUIREMENTS AND EXPECTATIONS

 

Preparation:

Lectures and class discussions will be based upon the assumption that all assigned reading and problems have been completed prior to class.  Students are responsible for reading the assigned material before attending class.

 

Homework Assignments:

Homework must be completed prior to the assigned class.  Homework will be taken up and recorded to ensure completion.  Late work will not be accepted for credit.  In the event of an absence from class, homework must be submitted via e-mail to the address supplied above before 10:00 p.m. the day of class. 

All homework should be completed in a computer software program (Word, Excel, etc.).  Homework assignments will count for 10% of your final grade.

           

** I am available to assist you with homework provided you do the following:

1.                  You have read the assigned material

2.                  You have given the assignment a true effort and you have spent an adequate amount of time on it.

3.                  You show me all the effort previously placed on the homework in question and the specific area needing attention.

 

Quizzes:

Quizzes will be taken at the end of every class lecture.  Some questions on the quizzes might not be covered during the lecture, so it is of the utmost importance that all reading assignments are completed before class.  Quizzes will count for 10% of your final grade.

 

Exams:

There will be 2 exams during the term worth 100 points each for a combined 60% of your final grade.  Exams will cover reading assignments, lecture notes, homework assignments, etc.  If you are going to miss an exam, you may make arrangements to take it early.  There will be no make-up exams.  Exams may consist of multiple choice, short answer, problems, and/or essays.  Exam dates are on the syllabus schedule.  If there is a need for change in the exam date, it will be announced at least two weeks prior to the exam date.

 

Presentation:

A presentation will be required for this course.  The presentation must include PowerPoint slides.  Each presentation should be between 10-15 minutes.  A paper must be submitted with each presentation.  It should be between 6-12 pages of text double-spaced with 1” margins maximum.  It must include a reference page with at least 3 references.  A copy of the PowerPoint slides used for the presentation must be attached to the paper. 

 

The topics will be assigned by the third class meeting.  The presentation and paper combined will count as 20% of your final grade.

 

Attendance:

Regular attendance is necessary for satisfactory performance.  While it is understandable that absence is occasionally unavoidable, each student is entirely responsible for making up any missed assignments or lecture notes.  Excused absences will include: 1. Statement from doctor, 2. Statement from school nurse, 3. School events, 4. Family emergency.  No absence will be excused until a memo is provided explaining why it should be excused.  More than one unexcused absence will result in reduction of your final grade by one letter grade.

 

Academic Honesty:

Academic honesty is an absolute must.  Any cheating observed will result in an F in the course.  I am required to report any incidence of cheating to the school head and academic dean.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grade Composition:

 

Homework                                                       10%

Two Exams during the Term                             60%

Quizzes                                                            10%

Presentation                                                      20%

100%

 

Grading Scale:

 

A         =          90-100%

B          =          80-89%

C         =          70-79%

D         =          60-69%

F          =          below 60%

 

** 10-point scale

 

***The grade composition and scale have been supplied.  Grades are non-negotiable so please do not ask.

 

Schedule:

Please note the attached schedule is subject to change.

 

Student Conduct:

Lambuth University Student Handbook will serve as our basis of reference.  Upper division effort will be expected.

 

Learning Accommodations:

Learning accommodations will be made for students who have documentation on file with the Director of Student Disability Services.  For those students, the following accommodations may be made if warranted:

1.                  Extra time for test taking.

2.                  Allow the use of a tape recorder to record class discussions.

3.                  Allow students have someone else take notes on their behalf.

No other accommodations will be guaranteed, but other accommodations will be considered.  The instructor will make the final decision on other accommodations.  The instructor will work with the Office of Student Success and Retention to help any student find a tutor.

 

 

 

 

 

 

 

DATE

ASSIGNMENTS

 

 

8-28

Course Introduction

 

Lecture - Chapter 1

 

 

9-4

Lecture - Chapter 2

 

Quizzes - Chapters 1 & 2

 

 

9-11

Lecture - Chapter 3

 

Quiz - Chapter 3

 

Presentation Topic Assignments

 

 

9-18

Lecture - Chapter 4

 

Quiz - Chapter 4

 

 

9-25

Lecture - Chapter 6

 

Quiz - Chapter 6

 

 

10-1

Lecture - Chapter 6 – continued

 

Review for Mid-Term Exam

 

 

10-9

Mid-Term Exam

 

Chapters 1-6 (excluding Chapter 5)

 

 

10-16

Lecture - Chapter 7

 

Quiz - Chapter 7                                               2 presentations

 

 

10-23

Lecture - Chapter 8

 

Quiz - Chapter 8                                               2 presentations

 

 

10-30

Lecture - Chapter 9

 

Quiz - Chapter 9                                               2 presentations

 

 

11-6

Lecture - Chapter 10

 

Quiz - Chapter 10                                             2 presentations

 

 

11-13

Lecture - Chapter 11

 

Quiz - Chapter 11                                             2 presentations

 

 

11-20

Thanksgiving Break

 

 

11-27

Lecture - Chapter 12

 

Quiz - Chapter 12                                             2 presentations

 

 

12-4

Lecture – Chapter 13

 

Quiz – Chapter 13                                     remaining presentations

 

 

12-11

Final Exam

 

Chapters 7-13