Spring 2002                                                                                                Professor Ogilby

 

CALIFORNIA STATE UNIVERSITY, SACRAMENTO

College of Business Administration

 

ACCY 160C – Intermediate Accounting

 

 

COURSE OUTLINE

 

 

INSTRUCTOR:                     Dr. S. M. Ogilby

 

OFFICE:                               TAH-2104

 

OFFICE HOURS:                Tuesday & Thursday, 8:15 – 8:45 a.m. and 1:30 - 2:00 p.m.; Friday, 12:00 – 1:00 p.m.; and By Appointment

 

OFFICE PHONE:                278-7157

 

E-MAIL:                                 ogilbysm@csus.edu

 

WEB ADDRESS:                  www.csus.edu/indiv/o/ogilbysm

 

 

Text Box: COURSE DIFFICULTY CAUTION This text and ACCY 160C are concept and methods intensive. To do well in ACCY 160C, you should thoroughly understand and be able to apply basic accounting and ACCY 160A and ACCY 160B. Some students may find the content and pace of the class difficult. If you do not thoroughly understand debits/credits, the conceptual framework, and the technical information from ACCY 160A and ACCY 160B, you may consider reviewing that material until comprehensive understanding is achieved. You should then be better prepared to greatly expand your knowledge of the conceptual and technical aspects of the most difficult portion of your accounting education  

 

 

 

 

 

 

 

 

 

 

 

 


REQUIRED MATERIALS

 

·        Dyckman/Dukes/Davis, Intermediate Accounting, Fifth Edition, Volumes I and II.

 

·        Selected course handouts.

 

 

 

 

COURSE OBJECTIVES

 

Each student should achieve the following:

 

1.      Technical expertise in the application of GAAP for selected financial accounting topics.

 

2.   Ability to critically evaluate the conceptual framework of accounting as it 
      relates to specific accounting standards.

 

3.   Ability to critically evaluate the practical application and economic

      consequences of specific accounting standards.

 

4.   Ability to express one’s technical and evaluative knowledge in verbal and  

      written form.

 

5.   Ability to discern the ethical issues and judgments involved for selected

      financial reporting issues.

 

COURSE GRADE WEIGHTS

 

Writing Assignments

20%

Interim Examinations

60%

Final Examination

20%

Total

100%

Letters grades will be assigned based on the final distribution of total points accumulated by each student at the end of the semester.

 

NOTE CAREFULLY: 

 

Actual assignment of letter grades will be based upon the distribution of individual total points accumulation for the students for the current semester.  Interim distributions of total points will be posted, and letter grades assigned in order that the students may chart their progress during the semester.

 

WEB/WRITING ASSIGNMENTS

 

1.         This writing assignment must be completed for Chapters 17 (Leases), 18 (Pensions), and 19 (Accounting for Income Taxes).  Find an annual report of a company, find the disclosure of the topic under study (e.g. pensions) including income statement, balance sheet and the footnote disclosure, make a copy of those pages and highlight the disclosures.  Make sure the source of your information is clearly evident.  Attach a paragraph or two that describes the similarities and/or differences in the presentation from the presentation discussed in class or the textbook.  This assignment will be worth 10 points each.

Due Dates:  Leases - 2/14; Pensions - 4/11; Income Taxes, 5/7

 

2.         This writing assignment must be completed for Chapter 7 (Revenue Recognition).  Search the internet for an article or news item from the Web.  In a maximum of two single spaced pages, summarize the article(s) and discuss its relevance to financial accounting and business decision making.  Possible issues to consider in your discussion include international accounting, income tax, capital markets and/or ethics.  You must turn in a copy of the material used and the urls (www…).  This assignment will be worth 70 points.  Due Date:  3/21

 

These assignments will be graded on both content and accuracy as well as grammar and writing

style.  The due dates are noted on the tentative schedule as “WA Due”.  Late submissions will not be accepted.

 

 

INTERIM EXAMINATIONS

 

There will be three interim examinations.  The lowest score will be weighted 15%, the second highest score will be weighted 20% and the highest score will be weighted 25%.  Each exam may consist of objective/essay questions and problems.  Absolutely no make-up exams will be allowed.

 

 

FINAL EXAM

 

The final exam is required for all students.  The exam may be partially comprehensive.  The final exam schedule is:

 

9:00 Class:  Tuesday, May 21, 8:00 – 10:00 a.m.

 

12:00 Class:  Tuesday, May 21, 12:45 – 2:45 p.m.

 

 

HOMEWORK

 

The homework assigned on the tentative schedule is only the MINIMUM amount of work to be done for complete understanding.  Additional exercises or problems may be assigned in class.

 

Homework assignments must have been attempted before class is attended.  The attached schedule for homework is tentative.  Class attendance is crucial to keep abreast of any changes to the homework assignments.  Each student will be called on to discuss the conceptual and/or mechanical process underlying the homework solutions.  Although homework is not collected for a grade, class attendance and participation may affect borderline grades when the final grade in the class is assigned.

 

 

TENTATIVE CLASS SCHEDULE

Day

Date

Chapter Readings

Assignment

T

1/29

Introduction

 

Th

1/31

Chapter 17:  Leases

E17-6

T

2/5

Chapter 17 (Continued)

P17-4

Th

2/7

Chapter 17 (Continued)

P17-5

T

2/12

Chapter 17 (Continued)

P17-17; E17-20

Th

2/14

Chapter 25:  Segments/Interim Reporting

WA Due

E25-2, 3, 8

T

2/19

EXAM I

 

Th

2/21

Chapter 7:  Revenue Recognition

E7-10

T

2/26

Chapter 7 (Continued)

P7-4

Th

2/28

Chapter 7 (Continued)

E7-12

T

3/5

Chapter 7 (Continued)

P7-1

Th

3/7

Chapter 7 (Continued)

P7-1

T

3/12

Chapter 7 (Continued)

E7-11; P7-6

Th

3/14

EXAM II

 

T

3/19

Chapter 18:  Pensions

E18-11

Th

3/21

Chapter 18 (Continued)

WA Due

P18-7

 

3/25 - 3/29

Spring Break

 

T

4/2

Chapter 18 (Continued)

P18-13

Th

4/4

Chapter 18 and Appendix (Continued)

P18-15

T

4/9

Chapter 24:  Accounting Changes

E24-2, 8

Th

4/11

Chapter 24 (Continued)

WA Due

E24-10

T

4/16

Chapter 24 (Continued)

E24-14

Th

4/18

EXAM III

 

T

4/23

Chapter 19:  Accounting for Income Taxes

E19-10

Th

4/25

Chapter 19 (Continued)

E19-6, 7

T

4/30

Chapter 19 (Continued)

E19-9

Th

5/2

Chapter 19 (Continued)

P19-13

T

5/7

Chapter 23:  Statement of Cash Flows

WA Due

Handout Problem

Th

5/9

Chapter 23 (Continued)

Handout Problem

T

5/14

Chapter 23 (Continued)

P23-2

Th

5/16

Chapter 23 (Continued)

P23-5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

260 ACCY 160C CO Spring 02