GENERIC
COURSESYLLABUS
I. Course
Course Course
Prefix Number Name Credit Lecture Lab
ACC 242 Intermediate
Accounting II 3 3 0
II. Prerequisite:
Recommended:
ACC 241
III. Course Description:
Course presents general financial
theory and practice relating to liabilities and equity sections of balance
sheet. Content includes study of
dilutive securities, earnings per share, accounting for income taxes, pension
costs and leases, statement of cash flows, and financial reporting.
IV. Learning Objectives:
To prepare students to
demonstrate understanding of concepts and the ability to solve problems in the
areas of:
A. Long Term Liabilities
B. Stockholders' Equity
C. Dilutive Securities
D. Earnings Per
Share
E. Long Term Investments in Securities
F. Revenue Recognition
G. Accounting for Income Taxes
H. Accounting for Pension Costs
I. Accounting for Leases
J. Accounting for Changes and Error
Analysis
K. Statement of Changes in Financial
Position
L. Financial Reporting and Changing Prices
V. Academic Integrity:
Students
and employees at
·
cheating,
·
plagiarism
(turning in work not written by you, or lacking proper citation),
·
falsification
and fabrication (lying or distorting the truth),
·
helping
others to cheat,
·
unauthorized
changes on official documents,
·
pretending
to be someone else or having someone else pretend to be you,
·
making
or accepting bribes, special favors, or threats, and
·
any other behavior that violates
academic integrity.
There
are serious consequences to violations of the academic integrity policy.
Oakton’s policies and procedures provide students a fair hearing if a complaint
is made against you. If you are found to
have violated the policy, the minimum penalty is failure on the assignment and,
a disciplinary record will be established and kept on file in the office of the
Vice President for Student Affairs for a period of 3 years.
Details
of the Code of Academic Conduct can be found in the Student Handbook.
VI. Outline of Topics:
- In Example -
A. Long Term Liabilities
B. Stockholder's Equity:
Contributed Capital
C. Stockholder's Equity: Retained Earnings
D. Dilutive Securities and Earning Per Share Calculations
E. Investments:
Temporary and Long-Term
F. Revenue Recognition
G. Accounting for Income Taxes
H. Accounting for Pensions
I. Accounting for Leases
J. Accounting Changes and Error Analysis
K. Financial Reporting and Changing Prices
VII. Methods of Instruction:
- In Example -
A. Lecture and Discussion
B. Problem Solving
C. Review of Homework
D. Case Problems
VIII. Course Practices Required:
- In Example -
Students are expected to perform
on a college level in text reading, writing, problem solving and basic math.
IX. Instructional Materials:
- In Example -
Text: Intermediate Accounting by Keiso, Weygandt,
Warfield 12th Edition with FASB Update, Looseleaf Edition w/Wiley Plus access
code.
X. Methods of Evaluating Student
Progress:
- In Example -
A. Four Tests (100 points each)
Final
Exam (200
points each)
Homework (6
points each)
Quizzes
(10 points each)
Projects/Cases
(50 points each)
Attendance
is considered if a student is between grades.
B. A point scale based on total possible points.
90 - 100% = A
80 - 89% = B
70 - 79% = C
60 - 69% = D
59% & Below F
XI. Other Course Information
If
you have a documented learning, psychological, or physical disability, you may
be entitled to reasonable academic accommodations or services. To request accommodations or services,
contact the ASSIST office in the
Effective
beginning term Summer 2006 ending term
(term) (year) (term) (year)
Syllabus
prepared by: Jay Cohen
Reviewed
by Dept/Program chair: Jay Cohen
Approved
by Dean: Bradley P. Wooten May 2006