San Jose State University |
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Intermediate Accounting I – BUS 220A Summer 2006 |
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Prof. Ginny Grace |
Office: BT 862 |
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Office Hours: Before and after class as |
Telephone:(408)924-3474 |
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needed |
e-mail: grace_e@cob.sjsu.edu |
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"The best thing for being sad," replied Merlin, beginning to puff and blow, "is to learn something. That is the only thing that never fails. You may grow old and trembling in your anatomies, you may lie awake at night listening to the disorder of your veins, you may miss your only love, you may see the world around you devastated by evil lunatics, or know your honour trampled in the sewers of baser minds. There is only one thing for it then - to learn. Learn why the world wags and what wags it. That is the only thing which the mind can never exhaust, never alienate, never be tortured by, never fear or distrust, and never dream of regretting. Learning is the thing for you. Look at what a lot of things there are to learn." Theodore White, The Once and Future King. |
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I. Required Texts: Financial Accounting, 5th edition, Libby, Libby and Short. |
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Solutions for homework problems are available. Check with Prof. Grace. |
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II. Course Policy A. Class Attendance After observing students for many years and drawing from my own experience, I believe that students learn best by actively questioning and explaining. In this course, I encourage you to join in classroom discussions and bring problems and questions to class. This means that in order to receive the maximum benefits of classroom time, you will need to read the assigned topics and attempt the homework before coming to class. It is obvious that you will both need and be expected to attend all class meetings. You also must be prepared to take part in class discussions. This does not mean that you should have all topics mastered and learned, or there would be no reason for class. It does mean that you should not be hearing about the topic for the first time in class. |
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B. Homework Assignments Homework is for your own benefit. It will not be collected and graded. Homework should be completed before the class for which it is assigned, as homework often serves as a basis for classroom discussions. |
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C. Academic Standards |
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Students majoring in accounting need to begin learning professional behavior before leaving |
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the University. Professional behavior includes treating classmates and your professors with |
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respect. It also means that you should approach your work in this class as diligently as you |
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would on the job. All work is to be completed on time and prepared professionally. Your work |
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should be complete and error-free. Obviously, all work submitted must be your own. |
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You may neither give nor receive help from any source unless your professor explicitly allows it.
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D. Case
Each student is assigned a case and a group to work with on the case. Generally, the written case and the oral presentation are due at the beginning of class. All group members should share in both the preparation and the presentation of the case. Case assignments can be found below.
III. Course Schedule |
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Date |
Topic Assignment |
Reading Assignment |
Homework |
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June 19 |
Financial Statements and Business Decisions |
Ch. 1 |
E1.3, 9, 13; P1.1, 3
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Investing and Financing Decisions and the Balance Sheet |
Ch. 2
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Q2.2; E2.1, 15, 16,19; P2.1, 3, 4 |
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Operating Decisions and the Income Statement |
Ch. 3 |
E3.1, 3, 4, 8,10, 11, 12, 16 |
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June 20 |
Adjustments, Financial Statements and the Quality of Earnings; CP4-11 due |
Ch. 3, cont. Ch. 4 |
E4.7, 8, 10,14; P4.6, 9; AP4.8 |
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June 21 |
Communicating and Interpreting Accounting Information; CP5-9 due |
Ch. 5 |
E5.1, 2, 6, 8, 9,12,15; P5.1, 2 |
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June 22 |
Reporting and Interpreting Sales Revenue, Receivables and Cash; CP6-8 due |
Ch. 6 |
E6.3, 8, 13 |
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June 23 |
Accounting cycle exam 1; Reporting and Interpreting Cost of Goods Sold and Inventory; CP7-9 due |
Ch. 6, cont. Ch. 7 |
E6.14, 16, 23, 25 E7.1, 4, 11, 17, 19, 21 |
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June 26 |
Reporting and Interpreting Property, Plant and Equipment… |
Ch. 8 |
E8.5, 7,12,13,17,21; M8.7 |
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Quiz 1 on Ch. 6 and 7; CP8-14 due
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June 27 |
Reporting and Interpreting Liabilities; Quiz 2 on Ch. 8; CP9-9 due |
Ch. 9 |
E9. 2, 15, 22, 23; P9.1, 2, 4, 6, 7, 9
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June 28 |
Reporting and Interpreting Owners’ Equity; Quiz 3 on Ch. 9; CP11.8 due |
Ch. 11 |
E11.3, 4, 5, 11, 15, 19, 20 |
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June 29 |
Statement of Cash Flows; Quiz 4 on Ch. 11 |
Ch. 13 |
E13.2, 5, 7, 11; AP13.1 |
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June 30 |
Cash Flow Exam 2 |
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IV. Course Grading |
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Because of the compressed nature of the program, there will be no scheduled make-up exams. If there are serious reasons for missing an exam, contact the professor for advice. Grades will be based on the following weighting of assignments: |
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Assignment |
Points Possible |
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Exam 1 |
50 |
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Quiz 1 |
20 |
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Quiz 2 |
10 |
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Quiz 3 |
10 |
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Quiz 4 |
10 |
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Cash flow exam 2 |
40 |
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Case presentation |
10 |
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Total possible points |
150 |
V. Case Assignments
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CP3-9 Intel and AMD |
CP6-8 Sears and Target |
CP9-9 Phillip Morris and Kraft |
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Zilan Chen |
Jack Tang |
Parviz Mossaed |
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Justin Williams |
Andrea Gremer |
Yan Huang |
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Li Li |
Ying Guo |
Kasia Gulbicki |
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CP4-11 Amazon and eBay |
CP7-9 H-P and Dell |
CP11-8 Pepsi and Coca Cola
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Christina Hancock |
Qian Zhao |
Eric Moore |
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Chi Kei Cheong |
Xiaoqing Fang |
Minnie Lau |
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Steven Chow |
Colin Lynch |
Michelle Okabe |
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CP5-9 McAfee and Symantek |
CP8-14 Shell and Chevron |
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Lacy Rieber |
Jane Huang |
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Yuliyua Polonskaya |
Kristina Rocchi |
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Rajeev Pappu |
Lingyun Guo |
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Helen Zelinsky |
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