Spring Semester, 2008
ACC 3123: Intermediate Accounting II
Tuesday Thursday
09:25-10:40am
Varnell-Jones Hall - Room
#300
Instructor: Dan Ashton Office Hours: Mon 08:00-9:30 am
12:30 – 1:00 pm
Office: Varnell-Jones
#304 Tues 11:00
– 2:30 pm
Wed 08:00-9:30 am
12:30 – 1:30 pm
Thur
12:00 - 3:00 pm
Phone: 425-3219 Fri 8:00 – 9:00 am
Email: ashton@lambuth.edu.
Course Description:
A
continuation of Intermediate Accounting I, with a detailed study of the body of
generally accepted accounting principles concerned with the measurement of
liabilities and corporate shareholder equity.
Theoretical implications of financial reporting are developed in relation
to such topics as bonds, leases, pensions, cash flow presentation, and
disclosure in external reporting.
Accounting
3113 (Intermediate Accounting I) is a prerequisite to this course.
Required Text:
Intermediate Accounting, 12th edition, by Kieso,
Weygandt, and Warfield. Wiley
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. The pace of the course is rapid, so it is
very important that you stay on top of your assignments.
Homework Assignments:
Homework
is a very important part of this course; you must do it to do well. Homework will be collected and recorded to
insure it’s completed. Homework
assignments will count 20% of your final grade.
All assigned homework problems will be covered in class. You must show me a copy of your rough draft
before home work will be covered in class. You may work together on all
homework assignments but each student must complete their own assignments to
turn in. Late
work will not be accepted. All homework must be prepared using
wordprocessing or spreedsheet software.
**I am available during office hours to assist
you with homework provided you do the following:
1. You have given the
assignment your best shot and you have spent an adequate amount of time on it.
2. You come into my office and
show me 1) what all you have done, and 2) the precise point where you are
stuck.
3. You have read the assigned
material.
Quizzes:
A quiz at the start of each chapter will be
given. They will cover the reading
assignments. Quizzes may not be made up
for any reason. Quizzes will count 5% of your final grade.
Exams:
There
will be three or four exams during the term worth 100 points each. 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 makeup exams. Exams may
consist of multiple choice, short answer, problems, and/or essays. Exam dates will be announced at least one
week prior to the exam date. You may not
share calculators during exams or quizzes.
Attendance:
Regular
attendance is necessary for satisfactory performance in this course. Excused absences will include 1) statement
from a doctor, 2) statement from school nurse, 3) official school events, and
4) family emergencies. No absence will
be excused untill a memo is provided explaining why it should be excused. More
than two unexcused absence will result in your final grade being reduced by one
letter grade for each unexcused absence.
. You are responsible for any
work missed during the absence. Homework
will be accepted late if you miss class for an excused reason.
Academic Honesty:
I am a strong supporter of academic honesty. Any cheating observed will result in an automatic zero for the exam or other assignment and you will fail the course. I am required to report any incidence of cheating to the school head and academic dean.
Grades:
Three or Four Exams -- 75%
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 maybe made if warranted:
1. Extra time to for test taking;
2. Allow the use of a tape recorder to record class discussions;
3. Allow students to 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 to help any student find a tutor.
-Have a strong foundation from Principles; if you did not learn Principles well, you will be swamped in Intermediate. If some aspect of Principles confused you, go back over it.
-Some of the material can be
confusing, but don’t give up. Sometimes,
you will not understand many of the topics the first time through; be
persistent.
-Read each chapter before
the class in which the chapter will be discussed. This way, the material that is discussed in
class will make more sense.
-Develop a study pattern and
try to retain the material conceptually rather than memorizing everything. It is important to understand the “how” and
the “why”.
-Keep up with the work! Falling behind is devastating.
-Don’t wait until the last
minute to study for exams.
-Develop good systems of
notes that you will be able to keep for present study and for future study
(other classes, CPA preparation).
Studying your own outlines is easier than studying from the book.
-Read over your notes each
day to become more familiar with the material.
Then when you study, you will not be learning new material.
-Reinforce the things you
have learned by spending some time with problems at the end of each chapter.