ACC206 ... Shannon, Donald S.

FINANCIAL ACCOUNTING - THEORY & PRACTICE II

COURSE SYLLABUS

READING & PROBLEM ASSIGNMENTS

 

#

CH

TOPIC

RECOMMENDED WORK

1, 2

14

Long-Term Liabilities

E7, E9, E13, E15, E19, E20, P4, P5, P8, P14

3

15

Contributed Capital

E2, E6, E8, E10, E13, E16, E17, P2, P10, P11

4

16

Retained Earnings

E1, E5, E6, E11, E14, E17, E20, P9

5

.

MIDTERM

.

6, 7

17

Dilutive Securities & EPS

(& Review Midterm)

E1, E3, E9, E10, E12, E13, E16, E21, E23, E27, P3, P5, P6

8, 9

18

Investments

E4, E6, E8, E13, E17, E23, P5, P8, P9, P12

10

19

Revenue Recognition

E4, E6, E7, E11, E19, P2, P13

11

.

FINAL

.

 

REQUIRED TEXTS

Kieso & Weygandt, Intermediate Accounting: (1998) NINTH Edition, &

Hunt, M.F., Self-Study Problems/Solutions Book, Vol. 2: Chs 15-25 accompanying the Kieso & Weygandt, Intermediate Accounting text. 

REQUIRED NOTES

Shannon, D.S., ACC206 - Lecture Notes 

COMMUNICATION

You may call me at home or at work at any reasonable hour (7:30AM - 10:30PM seven days a week). If you leave a voice mail please begin by stating your name, the course you are taking (ACC206), and your phone number (slowly). 

You can access my web page periodically to check for messages. The address is www.depaul.edu/~dshannon.

You can send an e-mail to me using dshannon@condor.depaul.edu. If you do please clearly indicate ... in the subject ... the course you are taking (ACC206). Failure to do this may result in having your e-mail sit unopened for quite a while.

ASSIGNED PROBLEMS

You do not have to submit any of the assignments for grading. However, developing a basic proficiency in accounting is the major objective of this course, and the examinations will test your ability to solve accounting problems. The homework assignments (above) have been selected to assist you in your efforts excel. Solutions will be provided for all these assignments. 

The more you practice, the better you will perform on the examinations. You are encouraged to complete additional problems of your own choosing. If you do so, and would like to check an occasional answer, a solution manual is available for limited review upon request.  

GRADING

A midterm exam, and a final exam will determine the course grade. These exams will consist of 45 multiple choice questions taken from the test bank provided by the authors of the text. You will be able to skip five questions of your choosing.

Minimum letter grades for the course will be assigned according to the following table: 

Letter

Grade

Relative Course

Score

 

.

Letter

Grade

Relative Course

Score

A

90%+

.

C+

73%

A -

87%

.

C

70%

B+

83%

.

C -

67%

B

80%

.

D+

63%

B -

77%

.

D

60%

 

RECOMMENDED (OR ASSUMED) STUDY PROCEDURE

You should try to read over the assignments before attending class. Obviously the more time you can allocate to this, the better. However, the major objectives of the lectures will be to help clarify and embellish the text. If a particular section begins to absorb an inordinate amount of time, you might want to deal with this material after the lecture.  

It will be assumed that:

  1. You have some preliminary familiarity with (not mastery of) the material before coming to class.
  2. After class you return to the text and complete your understanding of the reading assignments covered during the preceding lecture.
  3. Once this understanding has been achieved, you work the assigned problems.
  4. You will call to my attention any problems you have in achieving steps (1) through (3). 

TUTORS

The School of Accountancy provides tutors and solutions manuals in the DePaul Center. To check on availability - call (312) 362-8770 during weekday office hours.