ACC501 ...
Shannon, Donald S.
FFINANCIAL REPORTING |
COURSE SYLLABUS
READING & PROBLEM ASSIGNMENTS |
# |
CH |
TOPIC |
RECOMMENDED WORK |
1 |
1 |
Framework |
E1-6, 12, 14 // P1-4 |
1 |
3 |
Balance Sheet |
E3-14, 16, 20 // P3-8 |
1 |
4 |
Revenue Recognition |
E4-4, 6, 10 // P4-12 |
2 |
5 |
Cost Allocation |
E5-4, 8, 12, 14 |
2 |
6 |
Income Statement |
E6-2, 4, 6, 8, 12, 14 // P 6-4, 10 |
3 |
7 |
Cash Flows |
E7-16, 18 // P7-2, 6, 18 |
3 |
8 |
Cash & Receivables |
P8-10, 12, 14, 16 |
4 |
9 |
Investments |
E9-2, 8, 12, 18 // P9-4 |
4 |
10 |
Inventories |
E10-2, 4, 6, 10, 12, 14, 16, 20, 22 |
5 |
. |
MIDTERM |
. |
6 |
11 |
Current Liabilities |
E11-2, 10, 12, 14 // P11-8 |
6 |
12 |
Long-Term Assets |
E12-6, 10, 12 // P12- 6, 8, 10 |
7 |
13 |
Intangible Assets |
E13-2, 4, 6, 8 // P 13- 8, 10, 12 |
7 |
14 |
Long-Term Liabilities |
E14-4, 10, 12 // P14-8 ,12 |
8 |
15 |
Leases |
E15-4, 8, 12 // P15-8, 12 |
8 |
16 |
Benefits |
E16-2, 6, 10, 12, 14 // P16-2, 4 |
9 |
16 |
Benefits |
|
9 |
17 |
Deferred Taxes |
E17-2, 4, 6, 10, 12 // P17-4 |
10 |
18 |
Equity Securities |
E18-8, 10, 12, 14 // P 18-4 |
10 |
19 |
R/E & Distributions |
E19-2, 12, 14, 18 |
10 |
B |
EPS |
EB-6, 10 // PB-2 |
11 |
. |
FINAL |
. |
REQUIRED TEXTS |
Hartman, Harper, Knoblett & Reckers, Intermediate Accounting (1998) 2nd Ed AND
Student Solutions Manual, South Western College Publishing, Cincinnati, Ohio.
REQUIRED NOTES |
Shannon, D.S., ACC501 - 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 (ACC501), 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 (ACC501). Failure to do this may result in having your e-mail sit unopened for quite a while.
PRIOR ACCOUNTING |
This course is designed for students who have introductory accounting only. Students with significant accounting course work or training should confer with the instructor, and with an advisor to insure that credit will be given.
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.
The in-class assignments are intended to stimulate discussion and more conceptual analysis of relevant financial topics. No solutions will be furnished for these assignments.
GRADING |
The midterm and final examinations (both "open-book") will consist of between multiple choice questions taken from the test bank provided by the authors of the text.
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:
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.