Office Insurance

SYLLABUS FOR INTERMEDIATE ACCOUNTING II (***/***) SPRING 2010

I. Prerequisites & corequisites: ACCT 321 and ACCT 325.

II. Instructor Information.

Name: Brock Murdoch Phone: 898-5832

Office: Tehama 319 Office Hours: Wed 8:00-Noon; TTh

3:30-4:00 PM

E-mail: ********@********.*** (USE THIS E-MAIL-NOT BLACKBOARD E-MAIL.)

III. Attendance: Students who miss the first two class meetings without

prior notification of their planned absence will be disenrolled. Attendance

is not taken regularly after the first two weeks of the course, however,

students who do not attend consistently rarely succeed in this course.

IV. Required Text and Other Materials. Intermediate Accounting, 5th edition

(McGraw-Hill/Irwin: 2009) by Spiceland, Sepe, Nelson & Tomassini (ISBN 978-

0-07-352687-4).

Students may need access to authoritative accounting standards. These are

available in the library in hard copy form. Ask the librarian for

assistance. Perhaps the most convenient way to access these standards is by

going to www.fasb.org/st. Those who wish to purchase the standards can do

so either in hard copy or on CD from the FASB (1-800-***-****). Other

publishers (e.g., Wiley, CCH, Prentice-Hall) also sell them.

V. Grades. Your ranking in the course based on total points will be used in

assigning your grade. Quizzes or changes in text coverage may change the

total points possible. Any changes in the syllabus will be posted.

Assignments from text (9 x 5 points each) 45

Unannounced Quizzes 0-100

Mid-term exams (2 @ 100 points) 200

Final exam 150

Total points will vary depending on the number of homework assignments and

quizzes.

Students are expected to be prepared for class. This means reading should

be done before new material is discussed. Students are expected to

contribute to the discussion of the chapter material. Assigned cases,

exercises, and problems are to be completed before coming to class on the

date the assignment is due. It is highly recommended that students begin

working on assignments as soon as the topic is addressed in class.

Assignments are often too long to complete if started the evening before

they are due.

One case, exercise, or problem from each assignment will be selected at

random and, if handwritten, collected at the beginning of class on the

assignment due date. If assignments are computer printed they may be

submitted at the end of the period. Only hard copies of assignments are

acceptable, floppy disks are not. If you cannot attend class on a day for

which an assignment is due, you may have a fellow student bring it to class

or you may slide it under my office door (Tehama 319) before that day's

class. ASSIGNMENTS WILL NOT BE ACCEPTED AFTER CLASS. THE TWO LOWEST

ASSIGNMENTS SCORES WILL BE DROPPED, IF DOING SO IMPROVES YOUR PERCENTAGE.

Each assignment collected will be scored on the basis of its completeness

and the perceived effort with which the assignment was done. Professional-

looking assignments will receive more points than poorly formatted ones.

All assignments that have the "xls" designation must be done using Excel

(for appropriate parts of the assignment). All assignments must clearly

identify parts of the assignment (e.g., Requirement 1, 2, 3), include

supporting work and computations (i.e., show formulae), follow

instructions, and must be properly formatted to earn full points. Each

student must hand in a unique[1] solution to all assignments.

VI. Adds & drops. A student wishing to add must supply me with his/her

student number. Students may drop through February 19, 2010. After this

date, a "serious and compelling" reason and supporting documentation are

required by the Department Chair to drop the course.

VII. Academic Integrity. Each student must complete assignments himself or

herself. While discussion among students is encouraged, copying another

person's work, in whole or in part, and submitting it as your own is a

violation of academic integrity. Unauthorized collaboration with classmates-

working together on an assignment and turning the assignment in as

individual work-is also a violation of academic integrity. Examples of

common violations are copying computer files from websites or from former

or current students. All violations of academic integrity will be referred

to the Student Judicial Affairs office and will result in a zero for the

assignment and/or an F in the course. If you are unsure of what

constitutes a violation of academic integrity, discuss the situation with

your instructor.

VIII. Day-by-day schedule:

Date Assignment Due Class Activity

(Day)

1-26 (1) Course introduction. Read Ch. Course intro. Discuss Ch. 12.

12 (pp. 586-593).

1-28 (2) Read Ch. 12 (pp. 593-626). Discuss Ch. 12.

2- 2 (3) E12-2, E12-10, E12-11, E12-8, Review Ch. 12 assignment. Discuss

E12-20, E12-17, E12-23, Ch. 13.

P12-15 (part 1 only), E12-24

(xls). Read Ch. 13 (pp.

650-665).

2- 4 (4) Read Ch. 13 (pp. 665-680). Discuss Ch. 13.

2- 9 (5) P13-1 (parts 1 & 2 only), Review Ch. 13 assignment. Discuss

P13-4, E13-4, BE13-6, E13-17, Ch. 14.

E13-22. Read Ch. 14 (pp.

702-714).

2-11 (6) None. No class.

2-16 (7) Read Ch. 14 (pp. 714-727). Discuss Ch. 14.

2-18 (8) Read Ch. 14 (pp. 727-738). Discuss Ch. 14.

2-23 (9) E14-9 (xls), E14-4, P14-14 Review Ch. 14 assignment. Review

(xls), P14-17, P14-23 (xls). for 1st midterm.

2- 25 Study for exam. First mid-term exam covering

(10) Chapters 12-14.

3- 2 (11) Read Ch. 15 (pp. 758-774). Discuss Ch. 15.

3- 4 (12) Read Ch. 15 (pp. 775-793). Discuss Ch. 15.

Omit Part D.

3- 9 (13) E15-6 (xls), P15-4, E15-5 Review Ch. 15 assignment. Discuss

(xls), E15-9, E15-21 (xls for Ch. 16.

part 2). Read Ch. 16 ( pp.

820-824).

3-11 (14) Read Ch. 16 (pp. 825-840). Discuss Ch. 16.

3-16 None. Spring break.

3-18 None. Spring break.

3-23 (15) Read Ch. 16 (pp. 840-856). Discuss Ch. 16.

Date Assignment Due Class Activity

(Day)

3-25 (16) E16-11, E16-17,[2] P16-5 Review Ch. 16 assignment. Discuss

(xls), P16-10 (xls), BE16-6. Ch. 17.

Read Ch. 17 (pp. 880-889).

3-30 (17) Read Ch. 17 (pp. 890-900) & Discuss Ch. 17.

Appendix 17, pp. 917-918.

4- 1 None. Mandated furlough day.

4- 6 (18) Read Ch. 17 (pp. 900-907). Discuss Ch. 17.

Omit Part E.

4- 8 P17-4 (xls), E17-8, E17-29, Review Ch. 17 assignment. Review

(19) P17-13 (xls). for 2nd midterm.

4-13 Study for exam. Second mid-term exam covering

(20) Chapters 15-17.

4-15 Read Ch. 18 (pp. 944-958). Discuss Ch. 18.

(21)

4-20 Read Ch. 18 (pp. 959-976). Discuss Ch. 18.

(22) Omit App. 18.

4-22 BE18-1, E18-3, P18-3, P18-5 Review Ch. 18 assignment. Discuss

(23) (xls for part 2). Read Ch. 19 Ch. 19.

(pp. 1000-1012) & App. B (pp.

1036-1038).

4-27 Read Ch. 19 (pp. 1012-1034). Discuss Ch. 19.

(24) Omit Appendix A.

4-29 (25) E19-2, E19-6, E19-9, E19-24, Review Ch. 19 assignment. Discuss

E19-10, P19-12, P19-15. Read Ch. 21.

Ch. 21 (pp. 1106-1139). For

Ch. 21, do not learn the

Direct Method spreadsheet,

but study T-account analysis.

5- 4 (26) Read Ch. 21 Part C (pp. Discuss Ch. 21.

1139-1147).

5- 6 (27) Read Ch. 21, App. 21A (pp. Discuss Ch. 21.

1147-1151).[3]

5-11 (28) P21-1, E21-22, E21-24, Review Ch. 21 assignment. Review

E21-23, P21-14 (Do an Excel for final.

worksheet). Read Ch. 20 (pp.

1060-1075).

5-13 (29) Write down questions to ask Review for final exam.

in final review.

12-20 Comprehensive final exam is ( Thursday from Noon to 1:50 PM in

your regular classroom.

[1] Copying a computer file once and printing the assignment for more than

one student is a violation of academic integrity.

[2] Additional requirement: Indicate how any deferred tax amounts should be

classified and reported in the balance sheet. Assume the prepaid insurance

and contingent liability are current.

[3] Your text shows two different worksheet (i.e., spreadsheet) appro.

Assume the prepaid insurance and contingent liability are current.

[4] Your text shows two different worksheet (i.e., spreadsheet) approaches-

one for the direct method and one for the indirect method. Because SFAS No.

95 requires that a reconciliation of net income to cash from operating

activities (i.e., the indirect method) accompany the statement whenever the

direct method is used for reporting cash from operating activities in the

statement of cash flows, it is more efficient to use an indirect method

worksheet all the time and simply convert the income statement to cash from

operating activities whenever the direct method is used. This simplifies

your task by requiring you to learn only the indirect worksheet method.

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