



Study with the several resources on Docsity
Earn points by helping other students or get them with a premium plan
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Community
Ask the community for help and clear up your study doubts
Discover the best universities in your country according to Docsity users
Free resources
Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors
The syllabus for intermediate accounting i, a college course taught by dr. Pamela h. Church during the fall 2008 semester. The course covers accounting theory and the accounting and reporting process, with a focus on generally accepted accounting principles. Students will attend lectures, complete assignments, and take quizzes and tests. The syllabus outlines the course objectives, textbook, and grading policy, as well as the schedule of topics to be covered and the due dates for assignments and exams.
Typology: Exams
1 / 5
This page cannot be seen from the preview
Don't miss anything!
Intermediate Accounting I Fall 2008
Dr. Pamela H. Church Phone : 843-3920 (office); 751-0898 (home) Office Hours : 8:45-9:30 MW, 10-11 Fri.; other hours by appointment Office: Buckman 332
Course Description: Accounting theory, from both the theoretical and practical viewpoints. This course covers the foundation of accounting theory, the accounting and reporting process, and the impact of the recent pronouncements from FASB, AICPA, AAA, and SEC. This is the first course in the intermediate accounting sequence. Prerequisites: Economics 101-102.
Course Objective: Students will comprehend generally accepted accounting principles and the theory underlying those principles. They will be able to apply specific financial accounting techniques to problems similar to real-world business situations.
Textbook: Intermediate Accounting, 5th^ edition, Spiceland, et al., McGraw-Hill.
Grade Determination: Problems/Quizzes/Participation 10 Three tests 65 Final exam 25 100
Tests: Three major tests and a final exam will be given. Each test will consist of multiple choice, discussion questions and problems. In addition to solving problems, you should be able to explain the theory behind problem solutions. The final exam will be comprehensive. No make-up tests or final exam will be given except for emergencies, as determined by the professor.
Problems: Problems will be assigned throughout the semester to emphasize course material. Students should complete the problems according to the syllabus and be prepared to discuss them in class. Assignments will be collected periodically and graded for effort and form. Late homework will not be accepted, but you may turn it in early.
Quizzes: Quizzes will be used to make certain that students are keeping up with the assigned topics. Generally, these will be announced, but, occasionally, unannounced quizzes may be given. No makeup quizzes will be given, but you may drop two quiz grades.
Attendance and participation: Class attendance is absolutely necessary. Each student is allowed three absences, including absences for athletic events and school functions. Three points reduction in the final grade may be assessed for each absence in excess of
three. Note that homework and quizzes may only be turned in during class. However, athletes and students with excused absences may turn in assignments before class.
Honor Code: The Rhodes Honor Code is expected to be followed in all aspects of the course. All work is to be pledged. You may discuss homework assignments with other students, but using another student’s solutions for homework will be considered a violation of the honor code.
Classroom Policies: In addition to the school policies governing classroom behavior, several other rules are necessary in order to maintain an effective learning environment. Bring the textbook, a pencil, and a calculator to class every day. Treat fellow students and the professor respectfully. Except for group discussions relevant to class topics, please do not talk in class. Do not leave the classroom except for an emergency. Silence all cell phones.
activities W 24 Test 1 – ch. 1, 2, 3, 4 F 26 5 Income Measurement Revenue recognition Installment method Cost recovery method
M 29 5 Percentage-of-completion method Completed contract method
W OCT 1 5 Software revenue Franchise sales
Quiz
F 3 5 M (^6 6) Time Value of Money Present/future value of one amount Present/future value of ordinary annuity, annuity due, deferred annuity
W. 8 6 Present value and bonds, capital leases, and notes payable
F (^10 6) “ Quiz 9,10, M 13 7 Cash and Receivables Definition of cash Internal control Uncollectible accounts – bad debt expense, allowance W 15 7 Net and gross methods – receivables Bank reconciliation
F 17 7 Financing with receivables 10,14,15,16, M 20 Fall Recess W 22 7 “ 3, F 24 Test 2 M (^27 8) Inventories – Measurement Definition and examples of inventory Goods in transit, consignment Perpetual and period inventory methods Net and gross purchase methods Cost-flow assumptions – Specific identification, FIFO, LIFO, weighted average
F 31 8 Dollar-value LIFO Quiz 3,5,10, 11 M NOV 3 9 Inventories – other issues Lower of cost or market Gross profit method W 5 9 Retail inventory method Change in inventory methods
F 7 9 Quiz 5,6,7,
M (^10 10) Acquisition / disposition of assets Acquisition costs Intangibles
Goodwill Lump-sum acquisitions Non-interest bear notes Issuance of equity securities Donation W 12 10 Non-monetary exchange Interest capitalization
M 17 10 Quiz W 19 Test 3 F 21 11 Utilization / impairment of assets Depreciation methods Partial-year depreciation Group depreciation
M 24 11 Depletion of natural resources Amortization of intangibles
W 26 Thanksgiving Break F 28 M DEC 1 11 Other depreciation/depletion topics 2,13, 14,1 5 Quiz
W 3 12 Investments Equity securities Debt securities Classifications F 5 12 Adjusting entries 1,2,3,4, M 8 12 Changing classification Troubled debt restructuring Equity method
Quiz
W 10 12 Outline of final exam topics 3,4,5,