San Jose State University

Financial Reporting II – BUS 220E

Summer 2006

Prof. Ginny Grace

Office: BT 862       

Office Hours:  Before and after class as

 Telephone:(408)924-3474

   needed

e-mail: grace_e@cob.sjsu.edu

"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.

I. Required Texts:  Intermediate Accounting, 12th edition, Kieso, Weygandt and Warfield.

Solutions for homework problems are available.  Check with Prof. Grace.

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.

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.

C.  Academic Standards

     Students majoring in accounting need to begin learning professional behavior before leaving

the University.  Professional behavior includes treating classmates and your professors with

respect.  It also means that you should approach your work in this class as diligently as you

would on the job.  All work is to be completed on time and prepared professionally.  Your work

should be complete and error-free.  Obviously, all work submitted must be your own.

You may neither give nor receive help from any source unless your professor explicitly allows it.

III.  Course Schedule

Date

Topic

Assignment

Reading

Assignment

Homework

August 7

Present Value

Long-term Liabilities

Ch. 6

Ch. 14

E6.3, 4, 5, 6, 10, 11, 17

E14.8, 9, 10, 12, 16, 17, 25, 26; P14.1

August 8

Long-term Liabilities

Leases

Ch. 21

E21.1, 2, 7, 8, 9, 10, 11, 14

August 10

Leases

Pensions

Ch. 20

E20.2, 3, 5, 6, 8, 11, 18

August 11

Postretirement Benefits

Ch. 20

E20.23, 24

August 14

Exam 1

Taxes

Ch. 19

E19.1, 2, 3

August 15

Taxes

Ch. 19

E 19.6, 7, 9, 17, 22, 23

August 17

Stockholders’ Equity

Ch. 15

E15. 2, 4, 6, 8, 13, 17, 21

August 18

Convertible Securities and Earnings per Share

Ch. 16

E16. 1, 5, 8, 11, 13, 17, 18, 21, 24, 25, 27

August 21

Statement of Cash Flows

Full Disclosure

Ch. 23

Ch. 24

E23.9, 11, 12, 13, 15; P23.4

P24.1; CA 24.7, 8

August 22

Exam 2

IV. Course Grading

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:

Assignment

Points Possible

Exam 1

100

Exam 2

100

     Total possible points

200