ACCOUNTING 2010 - SPRING 1995

Dr. Barbara D. Merino Telephone 565-3094

BUSI 217F Office Hours 1:45-2:15 T

1:45-3:00 Th

4:00-4:30 Th

and by appointment

The basic objective of the course is to enable each student to develop an understanding of the role that accounting information plays in contemporary society. The course will focus on analysis and use of accounting information. The emphasis will be on interpretation, rather than preparation of accounting data, so that students can assess the relevance of accounting information and gain a better understanding of the financial reporting process. The course also is designed to enable each student to enhance her or his communication skills through use of structured learning teams.

TEXTBOOKS AND OTHER MATERIALS

Financial Accounting: Information for Decisions. Robert W. Ingram,

South Western Publishing, 1994. Annual Report Project. Bruce A. Baldwin. South Western Publishing, 1994.

Handout: Holly Corporation Annual Report

COOPERATIVE LEARNING

The Accounting Education Change Commission (AECC) has suggested that "students must be active participants, not passive recipients of

information" in order to be prepared to cope with a rapidly changing socioeconomic environment. Since technological advances result in dynamic change in the business environment, one objective of the course will be to enable students to "learn how to learn" so they can adapt to rapid changes that may render old skills obsolete. The basic philosophic thrust of cooperative learning is simply that if everyone is involved in the learning process, we all learn more.

A number of techniques will be used throughout the semester to foster cooperative learning. The basic building block will be structured learning teams established during the second week of the semester. The structured learning teams will be used for a variety of in class assignments so that students can become active participants in the learning process and develop their written and oral communication skills.

Free Riders

While the structured learning teams should enable all members of a group to benefit from cooperative efforts (all group participants benefit from the efforts of each member of the group), the problem of "hitchhikers" or "free riders" may cause concern about the equity of cooperative learning. Rotation of roles in the structured learning groups will be used to ensure equal participation and groups will prepare cooperative learning peer evaluations, periodically during the semester.

Annual Report Project

Students will be assigned to groups of six to work on the annual report project. Each segment of the Annual Report Project relates to the chapter being studied in the Ingram text but students often have difficulty relating the text material to an actual annual report. Therefore, we will use the Holly Corporation Annual Report handout to guide students through the project. Each of the individual ARP project segments should be turned in, as indicated in the syllabus and will be returned to the group with any needed corrections; at the end of the semester, each group will submit a three page paper with an overall evaluation of its company's performance. The readings in the ARP Project Book will be an integral part of many class discussions and should be read prior to coming to class on the day that a particular ARP segment is due.

Unlike the structured learning groups, student participation cannot be monitored with respect to the annual report project, therefore, each group will prepare peer assessments of the contributions of individual group members. However, if a problem arises with participation within any group, please make me aware of the problem as soon as possible so that the situation might be resolved equitably.

STATEMENT ON ACADEMIC HONESTY

All students are expected to be academically honest. Departmental procedures, such as random photocopying of tests prior to returning them, exist to discourage cheating. Students also are expected to report any suspected cheating; failure to do so is considered equivalent to cheating. The following university guideline applies:

All students found guilty of cheating or plagiarism will (at a minimum) receive an F in the course and could be expelled from the university. Plagiarism and cheating refer to the use of unauthorized books, notes or otherwise securing help on a test; copying tests, assignments, term papers; representing the work of another person as one's own; collaborating, without authority, with another student during an examination or in preparing academic work; signing another students name on an attendance sheet; or otherwise practicing scholastic dishonesty.

EXAMINATIONS

There will be two term examinations and a departmental final examination. Each term examination will have written components, related to the annual report project and/or the ethics cases discussed in class.

GRADING

Your final grade will be based on the following:

Total Points

Two term examinations 200

Annual report project (group) 100

Final examination 150

Other in class assignments 150

Total Points 600

FINAL EXAMINATION

All sections of ACCT 2010 will take their final examination on Wednesday, December 13, 1993 from 4:00 pm until 6:00 pm. No final examinations will be given at any other time. If you miss the test it cannot be made up. You have approximately four months notice, so please make arrangements to take the final during this assigned time.

MAKEUP EXAMS

There will be no makeup exams. If you miss one exam with an excused absence, subsequent examinations (including the final) will be weighted more heavily in calculating your grade. You must notify me before a test if you have a valid reason for not being able to take it. A grade of zero will be recorded for all absences from subsequent tests.

PICTURE ID REQUIRED

Since examinations (especially the final examination) may be monitored by graduate students, you should be prepared to present some form of personal identification that includes your picture (a student ID or driver's license) when taking any examination.

STUDY TIME GUIDE

Experience has shown that for the average student to perform at her or his best in ACCT 2010, she or he should study about three hours for each hour of class time. Your studying should be designed to enable you to understand the conceptual problems related to a particular accounting issue rather than to memorization of techniques. You should be prepared to communicate those concepts to members of your structured learning group or to the class. The questions and analytic cases assigned for each chapter should be viewed as an integral part of each assignment and you should be prepared to participate in class discussions of these issues.

HOMEWORK

While homework will not be collected, a homework problem may be the basis for an in class assignment; therefore, it is essential that all students try to complete the suggested homework assignments before coming to class.

ACCOUNTING LABS AND SOLUTION MANUALS

Students, who wish to clarify issues or to check homework assignments, can do so in my office during my office hours or those of my teaching assistant, Pat Godyn, who will be in 217F from 9:30-11:00 each Tuesday and Thursday. Students also have access to the accounting laboratory; the place and times the lab is opened is posted in the accounting department advising office.

STATEMENT ON COOPERATION FOR DISABLED STUDENTS

The College of Business Administration complies with the Americans with Disabilities Act in making reasonable accommodation for qualified students with disability.

If you have an established disability as defined in the Americans with Disabilities Act and would like to request accommodation, please see me as soon as possible.

DROP DATES

Feb. 24 Last day to drop with an automatic grade of "W".

Mar. 28 Last day to drop with the consent of the Instructor.

ASSIGNMENTS

ACCT 2010

DAY CHAPTER HOMEWORK PROBLEMS ARP PROJECT

& Readings

1/18 (T) Introduction

to the course

1/20 (Th) Chapter 1 E 1, 5, 6, 11, 13 P 5, 12, 14

Case 1

1/24 (T) Chapter 2 E 1, 3, 5, 7

P 6

1/26 (Th) Chapter 2 E 20, 21, 23, 24 ARP 1A&C

P 9, 12

1/31 (T) Chapter 3 E 1, 11, 15

P 1, 7, 11

2/2 (Th) Chapter 3 E 6, 7, 24 ARP 3

P 12, 15

Case 2

2/7 (T) Chapter 4 E 1, 2, 8, 10, 11, 21 ARP 4B

P 9, 11

2/9 (TH) Chapter 5 E 1, 2, 6, 10, 14

P 3, 6, 7

2/14 (T) Chapter 5 E 3, 5, 9, 19 ARP 5

P 10

Case 2

2/16 (Th) First Examination

2/21 (T) Review examination E 1, 3, 9, 13 Chapter 6 P 3, 4

2/23 (TH) Chapter 6 E 4, 5, 6, 7 ARP 6

P 7, 12

Case 1

2/28 (T) Chapter 13 E 1, 7, 12

P 1

3/2 (TH) Chapter 13 E 9, 10, 14

P 8

E = Exercise P=Problem ARP=Annual Report Project

DAY CHAPTER HOMEWORK PROBLEMS ARP PROJECT

& Readings

3/7 (T) Chapter 13 E 19 ARP 13

P 4, 12

Case 2

3/9 (TH) Chapter 8 E 1, 5, 7, 19 P 5, 8

SPRING BREAK

3/21 (T) Chapter 8 E 10, 11, 20 ARP 8 P 10, 12

3/23 (TH) Chapter 9 E 1, 5, 7, 8 P 2, 4, 8

3/28 (T) Chapter 9 E 3, 5, 9, 11, 15 ARP 9

P 3, 5, 12

Case 1

3/30 (TH) Chapter 10 E 1, 10, 11

P 1, 5

Case 3

4/4 (T) Chapter 10 E 9, 16, 17 ARP 10

& Review P 2, 9, 12

4/6 (TH) Second Examination

4/11 (T) Review examination Handout--marketable

securities Case 1

4/13 (TH) Chapter 11 E 9

pp. 475-515 P 1, 2, 5, 12 ARP 11

4/20 (T) Chapter 12 E 1, 3, 5, 6

P 2, 4, 9

4/25 (TH) Chapter 12 E 14, 19 ARP 12 P 5, 12

4/27 (T) Chapter 7 E 1, 5 ARP 7

P 4

5/2 (T) Chapter 14 E 1, 4, 6, 9, 13 P 1, 8, 9, 12

5/4 (TH) Review FINAL ARP PAPER & ARP 14

E = Exercise P=Problem ARP=Annual Report Project

5/10 (W) Final examination 4:006:00 p.m. Room: TBA