Meeting Times, Location, & Course Delivery Details
Course Format: Face-to-Face
This course is taught in face-to-face. You will attend class in the physical classroom during the regularly scheduled day/time. You will be expected to attend class, participate in in-class activities, and independently complete homework outside of class by assigned due dates
Contact Information
Intermediate Accounting, Eleventh Edition by Spiceland, Nelson, Thomas, and Winchel, McGraw-Hill ISBN 1265324360
This course will provide the student with an in-depth exposure to financial accounting asset valuation. The primary objective of this course is to help you gain an in-depth understanding of the theory and current practice of financial accounting for the asset section of the balance sheet and for the related accounts on the income statement. In addition, thorough coverage is given to the statement of cash flows and issues related to accounting changes and errors. The final objective is to improve your analytical and communication skills in an accounting setting through a financial statement analysis project and class presentations.
Tentative Schedule
Subject to change during the semester. Adequate notice of changes will be given. Weekly Assignments Note: Subject to Change look at Blackboard for Assignments
Week 1 CH 1 &2 Environment & Theoretical Structure Reading, Key Terms, Introductions and Reviews
Week 2 CH 3 The Balance Sheet Reading, Balance Sheets, Class Cases
Week 3 CH 4 The Income Statement Reading, Income Statement, Class Cases
Week 4 CH 5 Time Value of Money Reading, Time Value of Money Concepts, Quiz.
Week 5 CH 6 Revenue Recognition Reading, Revenue Recognition Class Cases
Week 6 CH 7 Cash and Receivables Reading, Brief Exercises
Week 7 CH 8 & 9 Inventories & Additional Issues Reading, Class Cases and MIDTERM
Week 8 CH 10 & 11 PPE Reading, Class Cases
Week 9 CH 12 Investments Reading, Class Cases
Week 10 CH 13 Liabilities Reading, Brief Exercises, Quiz
Week 11 CH 14 Bonds and Notes Reading, Brief Exercises
Week 12 CH 15 Leases Reading, Class Cases
Week 13 CH 16 Accounting for Income Taxes Reading, Class Cases
Week 14 CH 17 Pensions Reading, Class Cases, Quiz
Week 15 CH 18 Shareholders Equity and Class Cases
Week 16 Review
- Demonstrate an understanding of the changing environment of accounting and the “conceptual framework” that provides the theoretical basis for generally accepted accounting principles used in financial reporting.
- Demonstrate the ability to apply theory and principles for recording and reporting asset accounts, properly measuring income, and use the concept of comprehensive income.
- Be capable of preparing financial statements, including related disclosures, and other financial reports based on generally accepted accounting principles.
- Demonstrate the ability to apply additional aspects of financial reporting and be able to use ratios for financial analysis.
- Demonstrate an understanding of the ethical principles adopted by the accounting profession and be able to apply ethical models.
- Demonstrate the ability to discuss the impact of globalization in financial reporting and the convergence of FASB and IASB accounting standards.
Demonstrate competence in basic business principles:
A. Competence in major field and grounding in other major core areas - required by case and problem assignments
B. Awareness of international as well as domestic implications of business decisions - Required by assignments involving international issues.
C. Understanding and appreciation of strategic impact of business decisions - required by case and problem assignments
The grading scale will be as follows:
90%-100% A
80% - 89% B
70% - 79% C
60% - 69% D
below 60% F
Instructor Course Policies
Attendance is MANDATORY. You can be assured that you will be missing valuable information if you choose to miss class. In addition, I may occasionally have in class assignments that CANNOT be made up. Therefore, it is in your best interest to attend class regularly. I will not specifically be taking attendance each class. However, should you choose to miss class on a regular basis, you can be certain it will not only be reflected in your performance on the exams and assignments, but it will also be reflected in the class participation/attendance portion of your grade.
Should you have to miss class, please inform me BEFORE if you know you will be missing a class. You will not be able to make up work after the missed absence. All work must be submitted prior to the absence (this includes, but is not limited to tests and quizzes). If you are an athlete, it is your responsibility to provide me with your schedule ahead of time (this means not an hour before you have to leave). I understand that at times emergencies prevent you from attending class. These instances will be handled on a case by case basis.
See the current student handbook for the college’s attendance policy, especially as it pertains to absenc
Students are expected to maintain high standards of academic integrity in all work for this course. Plagiarism and/or cheating of any form (including using AI) will NOT be tolerated. Dishonesty in any work may result in a grade of F for the course. The use of AI is prohibited in this course. Plagiarism is a form of academic dishonesty that may result in the same penalty. In cases of mitigating circumstances, the instructor may assign a lesser penalty.
Institutional and Program-Level Policies
All exams will follow the Final Exam Schedule. Students scheduled to take three or more final examinations on one day may request to arrange their examination schedule, so no more than two exams occur on one day.
Requests for early or late exams are considered only under extreme circumstances. Prior to the exam period, the student must file a written request on the Early/Late Exam Form available in the Student One Stop Center, Academic Records, and on the WC portal. The form must be signed by the Instructor and the Academic Dean, approving the alternate exam time. This process must be completed prior to the scheduled exam period.
Undergraduate: FA26 Final Exam Schedule
Out-of-class Work Expectation A minimum of 2 hours of out-of-class student work is expected for each hour of in-class time for traditional face-to-face courses. For online and hybrid courses, the combination of face-to-face time and out-of-class work should be equal to 3 hours per credit hour per week. |
Instructional Course Delivery Definition of Courses |
Academic Integrity Policy The use of generative AI is prohibited except where expressly allowed in assignment instructions. Academic Integrity Policy |
Class Attendance Policy Institutional Class Attendance Policy |