Syllabus for Intermediate Accounting II
Spring Semester 2012
Course: ACC 3120, Section 001, 002 and 003 (4 credit hours)
Mondays and Wednesdays 5:00 p.m. – 6:50 p.m.
DBH 164 and distance learning sites in Stockton and Merced
Instructor: David H. Lindsay, Ph.D., CPA (Ohio-Inactive), CISA, CFE
Demergasso-Bava Hall, Room 216A
667-3297 (office) or 668-0195 (home).
E-mail: Dlindsay@csustan.edu
Dr. Lindsay’s Website: www.csustan.edu/ACCOUNTING/LINDSAY/index.htm
Dr. Lindsay’s Office Hours:
M, W 7:00 p.m. – 8:00 p.m.
T, H noon – 1:30 p.m.
and other times by appointment.
II. Resources
A. Required Texts:
Intermediate Accounting, by Kieso, Weygandt and Warfield, 14th Edition
John Wiley & Sons.
Coffee and Cafe' Supplier, Perdisco online practice set, 3rd Edition, Perdisco.com
B. Optional Texts:
Study Guide for Kieso, Volume 2, Chapters 15 - 24.
Financial Accounting Exam Questions and Explanations: A Supplemental Text by Irvin N. Gleim, 16th Edition, Gleim Publications, Inc., ISBN: 978-1-58194-918-6
C. Supplementary Readings:
Journal of Accountancy,
Strategic Finance,
The Wall Street Journal.
D. Required Computational Equipment:
An inexpensive calculator (under $10) with +, -, x,
and / functions.
Accounting for bonds, other non-current liabilities, investments, stockholders’ equity, earnings per share, pensions, leases, deferred taxes, accounting changes, error correction, and statement of cash flows.
IV. Prerequisites:
ACC 3110 or consent of instructor
Relevant CBA Core Objectives:
1. Communicate clearly and effectively using written and electronic media.
2. Recognize ethical issues and develop a framework for appropriate resolution.
3. Understand how diverse perspectives relate to business decisions.
4. Appreciate the importance of life-long learning.
5. Think with sufficient depth and agility to make sound decisions based on logical analysis and substantive, integrative knowledge of the business disciplines.
Course Specific Objectives:
1. To provide students with an in depth understanding of domestic generally accepted accounting principles.
2. To provide students with an introduction to international financial reporting standards.
3. To provide detailed coverage of the content and presentation of financial statements.
4. To introduce recognition, measurement, and reporting problems related to non-current liabilities and stockholders’ equity.
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Long-Term Liabilities |
4 Hours |
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Contributed Capital |
4 Hours |
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Retained Earnings |
2 Hours |
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Exam #1 |
2 Hours |
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Earnings per Share |
5 Hours |
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Investments |
5 Hours |
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Deferred Taxes |
5 Hours |
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Exam #2 |
2 Hours |
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Pensions |
5 Hours |
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Leases |
5 Hours |
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Changes and Errors |
4 Hours |
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Statement of Cash Flows |
5 Hours |
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Disclosure |
1 Hour |
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Financial Statement Analysis |
2 Hours |
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Exam #3 |
2 Hours |
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Final Exam |
2 Hours |
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TOTAL |
55 Hours |
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Instructional methods include lectures, homework problems, take-home quizzes, class discussions and an online practice set. The professor will regularly communicate with students through use of a list-serve. The URLs of sites containing materials that illustrate various accounting concepts and practices will be given to students.
A. Intermediate Accounting II is considerably more difficult than Intermediate Accounting I. It is designed specifically for accounting majors. It is not unusual for a student to have to repeat this course.
If you do not have a great deal of time to spend on this course this semester, you should re-evaluate whether you want to take the course now. If you are uncertain whether you belong in this class, the professor would be happy to talk it over with you on a one to one basis.
It is assumed that you met with your academic advisor prior to signing up
for this course. As an accounting major, it is extremely important that you
meet with your advisor each semester. (S)he will review your past progress and
help you plan your course selections. If you do not know who your advisor is
you should check with the department secretary,
B. The student is expected to attend each and every class. Attendance will be taken. The student will earn one point for each lecture attended.
C. Both exercises and problems can be found at the end of most chapters. The professor will integrate many of the exercises into his lectures. The student should take good notes on these exercises, since the problems on the exams will be of a similar nature.
D. The assigned problems must be handed in to the professor. Due dates will be announced in class. The professor will not "grade" these assignments, but he will judge whether or not the student has put forth an "honest effort" to complete the assignment. The student will receive one point for each completed assignment. The assignments will be returned to the students and the professor will discuss the class' performance overall. Time constraints will not permit routine in-class coverage of all of the assigned problems. Class coverage of the problems will be contingent upon professorial discretion and student questions.
E. Students are welcome to refer to the answer key. Solutions to the relevant questions and problems from Kieso are in a binder at the reserve desk in the library.
F. In keeping with the composition of the professional examinations (CPA, CMA, CIA), the three mid-term exams will consist of 60% multiple-choice questions and 40% short problems. The problems will be similar to the exercises worked out in class.
A make up exam will be given only in the case of a documented emergency. For logistical reasons, all make-up examinations will be given during finals week.
G. In total, there are three mid-term exams and one final exam. Each is worth 100 points. The final is comprehensive. "Difficulty points" may be assigned to any given exam, just as they are on the professional examinations.
H. A twenty-five-point mini-test will be given covering chapter 24.
I. Students will be given 20 take-home quizzes. Each is worth five points. Quizzes handed in late will receive half credit.
J. The practice set is worth 100 points.
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Point Source |
Possible Points |
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Four Exams |
400 |
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Mini-Test |
25 |
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Twenty Take Home Quizzes |
100 |
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Attendance |
27 |
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Homework |
23 |
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Practice Set |
100 |
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Class Participation |
25 |
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Total |
700 |
As of fall 1995, CSU Stanislaus adopted the plus/minus grading system.
100%-93% = A, 92%-90% = A-, 89%-87% = B+, 86%-83% = B, 82%-80% = B-,
79%-77% = C+, 76%-73% = C, 72%-70% = C-, 69%-67% = D+, 66%-63% = D,
62%-60% = D-, 59 and below = F.
The base is 700 points. The points translate into grades as follows:
A = 651, A- = 630
B+ = 609, B = 581, B- = 560
C+ = 539, C = 511, C- = 490
D+ = 469, D = 441, D- = 420
F = BELOW 420
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Date Chapter Topic Problems |
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January 30 Organizational Session |
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February 1 14 Long-Term Liabilities 1, 5 |
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6 14 Long-Term Liabilities 6, 10 |
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8 15 Stockholders’ Equity 3, 4 |
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13 15 Dividend Policy 5, 8, 12 |
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15 16 Dilutive Securities 1 |
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20 16 Earnings per Share 3, 5 |
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22 16 Complex Capital Structure 9 |
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27 17 Investments 1, 6 |
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29 17 Investments 8, 11 |
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March 5 TBA |
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7 Homework Day |
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12 MIDTERM #1 |
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14 19 Deferred Income Taxes 5, 6 |
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19 19 Deferred Income Taxes 7, 9 |
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21 20 Pensions 1, 4 |
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26 20 Pensions 6, 9 |
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28 TBA |
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April 2 Homework Day |
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4 MIDTERM #2 |
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16 21 Leases 1, 4 |
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18 21 Leases 12, 14 |
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23 22 Changes and Errors 1, 5 |
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25 22 Equity Method Changes 10,12 |
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30 23 Statement of Cash Flows 1, 6 |
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May 2 23 Statement of Cash Flows 8, 9 |
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7 24 Full Disclosure |
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9 Homework Day |
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14 MIDTERM #3 |
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23 FINAL EXAM |
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Note: The Final Exam will be administered on May 23 from 5:00 p.m. to 7:00 p.m. |
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Note: February 22 is the last day to drop a course. |
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Note: Spring Break is April 9 – 13.
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COLLEGE OF BUSINESS
ADMINISTRATION MISSION STATEMENT
The CSU Stanislaus College of Business Administration is a publicly-supported, regional teaching institution. Our mission is to deliver a professional business education that provides our students with the knowledge and skills to succeed in the business world and in society.
