COURSE SYLLABUS

 

 

 

 

 

I.   PREFIX NUMBER:    ACCT 310

     COMPLETE TITLE:   FINANCIAL ACCOUNTING THEORY

     CREDIT HOURS:     3 CREDIT HOURS

 

II.  TERM AND YEAR: FALL 2003 OFFICE HOURS:

                                    MWF 9:00 - 10:00

                                      MW  2:00 -  3:00

                                      R   2:30 – 4:30 

                                       

     INSTRUCTOR:RICK BRYANT   OFFICE LOCATION: DEBUSK CENTER

                                                 308-A

                              EMAIL   RBBLMU@HOTMAIL.COM

 

 

III. COURSE PREREQUISITES:     ACCT 212

     CO-REQUISITES:            NONE

     RECOMMENDED ANTECEDENTS:  NONE

 

 

 

IV.  COURSE DESCRIPTION:  The "Theoretical Foundation for Financial Reporting" will prepare the student with the conceptual background necessary to understand generally accepted accounting principles and alternatives to those principles. The "Tools of Accounting" will review the accounting cycle and provide the accounting student with basic concepts concerning time value of money applications.  The course will also investigate "Additional Financial Issues" in the areas of earnings per share, revenue measurement and income presentation, additional financial issues and financial reporting and changing prices.

 

 

V.     TEXT:   KIES0/WEYGANDT/WARFIELD 

       FUNDAMENTALS OF INTERMEDIATE ACCOUNTING

       WILEY

 

 

 

 

 

 

 

 

 

 

VI.    COURSE OBJECTIVES:

 

     1.  The Financial Accounting Environment.

     2.  Financial Accounting Theory

     3.  Nature and Measurement of Elements of Financial

           Statements.

     4.  Basic Financial Statements.

     5.  The Accounting Cycle.

     6.  Time Value of Money Applications.

     7.  Revenue Measurement and Income Production.

     8.  Earnings Per Share.

     9.  Additional Disclosure Issues and Financial

           Analysis.

    10.  Financial Reporting and Changing Prices.

 

VII.  OUTLINE OF COURSE CONTENT/UNITS OF INSTRUCTION

        WEEKLY ASSIGNMENT WILL BE DISTRIBUTED EACH CLASS.

 

VIII. REQUIRED READINGS:

        ASSIGNED CHAPTERS

 

X.    SUGGESTED READINGS/BIBLIOGRAPHY

        ARTICLES "JOURNAL OF ACCOUNTANCY"

       

XI.   METHODS OF INSTRUCTION AND LEARNING:  Assignment sheet attached will advise student chapters to read and required problems to be completed.  Assigned chapters will be discussed and assigned exercises and problems will be tool to promote class discussion.  Various article and cases will be distributed to students for reading and discussion.

 

XII.  COURSE REQUIREMENTS AND EVALUATION METHODS:

 

      ATTENDANCE IS REQUIRED: 

 

      AVAILABLE POINTS:

        MID TERM EXAM CHAPTERS 1 - 6            200 POINTS

        FINAL EXAM CHAPTERS 17, APPENDIX A,F,G  200 POINTS

        WEEKLY ASSIGNMENTS                      150 POINTS

        WEEKLY QUIZ                             150 POINTS

        RESEARCH PROJECT                        150 POINTS

        FINANCIAL STATEMENT PREPARATION         150 POINTS

 

ASSIGNMENTS AND QUIZZES AVAILABLE WILL EXCEED 300 POINTS, MAXIMUM AVAILABLE IS 300.  ASSIGNMENTS AND QUIZZES MISSEED CANNOT BE MADE UP.

 

 

 

 

 

 

 

 

     GRADING SCALE:

 

        960 TO 1,000 POINTS                A

        900 -  959                         B+

        830 -  889                         B

        780 -  829                         B-

        730 -  779                         C+

        690 -  729                         C

        660 -  689                         C-

        500 -  659                         D

        BELOW 500                          F

 

XIII.  UNITS OF INSTRUCTION: CHAPTERS 1 THROUGH 6,17; APPENDIX A,F,G.

 

XIV.   STUDENT WITH DISABILITY:  Any student with a disability requiring accommondation(s) should make an appointment with the Vice President for Student Affairs (423)-869-6393 to discuss specific needs.

 

XV.    ACADEMIC INTEGRITY:  Student should refer to section in the LMU Undergraduate Catalog – 2003-2004 on Academic Integrity.

 

 

XVI.   DATE OF REVISION:  AUGUST 11, 2003