COURSE SYLLABUS

 

 

 

 

 

I.   PREFIX NUMBER:    ACCT 310

     COMPLETE TITLE:   FINANCIAL ACCOUNTING THEORY

     CREDIT HOURS:     3 CREDIT HOURS

 

II.  TERM AND YEAR: FALL 2004 OFFICE HOURS:

                                       MWF 8:50 – 9:50

                                         MW  2:15 -  3:15

               Virtual office hours      R   8:00 -  9:00                              

     INSTRUCTOR:RICK BRYANT   OFFICE LOCATION: DEBUSK CENTER

                                                    308-A

                              EMAIL   rbryant@lmunet.edu

 

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 Appendix A    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 30.  ASSIGNMENTS AND QUIZZES MISSEED CANNOT BE MADE UP.

 

 

 

 

 

 

 

 

 

 

     GRADING SCALE:

 

        95 TO 100 POINTS                   A

        89 -  94                           B+

        84 -  88                           B

        78 -  83                           B-

        72 -  77                           C+

        67 -  71                           C

        60 -  66                           C-

        50 -  59                           D

        BELOW 50                           F

 

XIII.          UNITS OF INSTRUCTION: CHAPTERS 1 THROUGH 6,

       APPENDIX A.

 

XIV.  STUDENT WITH DISABILITY:  Any student with a disability requiring accommodation (s) should make an appointment with the Vice President for Student Affairs (423)-869-6363 to discuss specific needs.

 

 XV.   ACADEMIC INTEGRITY:  Student should refer to section in LMU Undergraduate Catalog – 2004-2005 on Academic Integrity.  

 

XIV.               DATE OF REVISION:  AUGUST 11, 2004