San Jose State University

Bus 220 –Accounting Principles

Fall 2005 (Off-Campus)

 

Professor:

Howard Turetsky

 

BT 861

 

924-3494 (O); 761-4180 (C)

 

turetsky_h@cob.sjsu.edu

 

http://www.cob.sjsu.edu/turets_h/index.htm

 

office hours:  TuTh 10:00am-12:30pm (and by appt.)

                                                                                                                                                                                                                                                                                                                                                                                                                       

Texts:           Managerial Accounting - Garrison, Noreen, and Brewer 11th edition

Financial Accounting - Libby, Libby, and Short, 4th edition, a “shrink-wrapped” package of both texts includes student CD-Rom, Ready Notes/PowerPoint Notes,  Irwin McGraw-Hill, The ISBN # for the package is # 0073600814.

[Note: Study Guides are also available for “optional” purchase.]

 

Objective:         Accounting information is used for three main purposes: (1) preparing of external financial  statements, (2) making specific decisions, and (3) enhancing management' control of an                         enterprise. The first purpose is generally described as financial accounting, and the second and third as management accounting. This course introduces students to financial and                         managerial use of accounting information systems and concepts, for use by investors outside the firm and managers within the firm. The basic objective is to allow inquiring                         professionals to read, understand, and use accounting information to make better decisions  on the job. The focus of this course is on the use of the information instead of preparing                         the information.

 

Meetings:          Class meetings are organized to provide the best possible balance between lectures,  discussions, and problems.  The purpose of class lectures is both to explain and to                         supplement the texts and other assigned materials; lectures are not a substitute for reading/studying the assigned material(s).  As a graduate student you are responsible for                          ALL of the material, even if it is not specifically addressed in class.  After completion of a  chapter, entire sets of solutions for the chapter exercises/problems will be placed on                          “reserve”.  Always be comfortable with asking questions - NO question is a “bad” question.

 

Grading:              The grading system is as follows:

                       

                                                Two Exams

                                                Highest exam score                                                       60%

                                                Lowest exam score                                                       40%    

                                               

 

Grades:             A (92-100); A- (88-91); B+ (85-87); B (80-84); B- (77-79); C+ (74-76); C (70-73);  C- (67-69); D+ (64-66); D (60-63); F (59 and below).

 

Policies:            An HONOR code is in effect throughout the course.  The professor is available at ALL  times    to answer questions and guide the student.  Syllabus is subject to change-                         students will be given adequate notice.

 

Assignments

 

[Certain exercises are suggested; however, as a graduate student you are well-advised to attempt additional exercises/problems on your own; just work a substantial number of the exercises/problems & verify with “solution sets” on “reserve”. Lecture will focus on the main concepts; however, it is important to read the entire chapter prior to class (students will be given a “heads-up” when parts of a chapter will be omitted from the syllabus).]

 

 

Meeting

Chapter

{Financial}

Assignments (Exercises)**

1              (8/22)

1, 2
3, 4

E 1-5, 9; E 2-4, 5, 8, 11
E 3-4, 5, 7, 8; E 4- 5, 6, 7, 8, 12

2              (8/29)    

5, 6
7, 8

5 (read-only); E 6-3, 8, 16, 22, 23
E 7-4, 6, 9, 14, 15, 16; E 8- 5, 7, 8, 13, 20

3              (9/12)    

 

9, 10

11

E 9-2, 3, 4, 12, 13, 18; E 10-7, 10, 12, 13, 15, 16 
E 11-1, 3, 5, 8, 10, 13, 17, 18

4              (9/17)*

Exam I
 {Managerial}      
1, 2, 3

Financial (Chapters 1 through 11)

E 2-4, 10, 12; E 3-3, 5, 6, 8, 11, 13, 17

5              (9/19)

5, 6

12, 13     

E 5-2 (part 1), 5, 7, 11; E 6-3, 4, 6, 8, 9, 10, 11, 12, 16, 17                    (throughout Chapter 6 exercises, focus on CM method)             
E 12-5, 7, 8; E 13-2, 3, 4, 5, 6, 8, 9, 10, 11, 12, 14, 15

6              (9/26)

14, 9
10, 11     

E 14-1, 2, 4, 5, 8, 9, 11, 17; E 9-1, 2, 9, 14
E 10-2, 3, 4, 9, 12, 13; E 11-1, 4, 6, 14

7              (10/3)

8, 16
17

E 8-4, 6, 10, 11, 14; E 16-2, 4, 5, 6, 7, 8
E 17-2, 3, 4, 5, 6, 8, 9, 10

8

Wrap-Up and Review
 Exam II


Managerial (Chapters 2, 3, 5, 6, 8 through 14, 16, 17)

 

*There will be one Saturday meeting, with a planned time frame of 9am – 4pm (the exam will be given, class will resume     after an hour lunch break); at the         first meeting, the Saturday date will be discussed to ensure that it is convenient for         all students; there is “flexibility” in the schedule.

 

[Note: Due to the compressed nature of the course, the schedule outlined above is subject to change; we will proceed as fast as possible to adequately cover the material – i.e. “translated” –  at the end of a day, we might find ourselves ahead or behind schedule, but in the end, the course will be covered and “knowledge” will be “discovered”.]

 

 

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