ACC220 Financial Accounting II

Spring Quarter 2006

Course Syllabus

Class Schedule:
Classroom IB3313 and Computer Classroom ED1840A
M-W 5:30-7:40PM

Instructor:

Patrick S. BoukerOffice IB2417C

Office Hours: By appointment

Email: but please use the Class
Communications link on the class web site

Telephone:206-528-4520 FAX 206-527-3735

Instructional Materials:
Weygandt, Kieso, and Kimmel, Financial Accounting, 5E, 2006
Text Website:
Class Website::
Corp. Research Site:

Class Format:
Teaching methodology will include classroom lecture and discussion, group activities, individual problem solving, student-to-student learning, multimedia, computerized examples and assignments, web discussion room, email, and a collaborative financial statement accounting project.

Course Objectives:

1. To use quantitative reasoning processes to understand, analyze, and solve
accounting problems

2. To identify and apply the concepts conventions, and generally accepted
accounting principles which underlie financial accounting and reporting

3. To apply computer competency to produce internal and external
accounting reports

4. To work and communicate effectively through the internal email system
and the class discussion room

5. To access, evaluate, and utilize financial information from a variety of
sources and a variety of contexts

Class Schedule

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Topics

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Preparation and Assignments

April 3 / Ch. 9 Accounting for Receivables / Introduction and Overview of Ch. 9
April 5 / No Class / Instructor must deliver orientations to two other classes from 5-7PM.
April 10 / Ch 9 (Continued) / Read Ch. 9 and lecture notes
Be prepared to answer Q1-19, Page 403
E9-1, E9-2, E9-3, E9-7, P9-1A
April 12 / Ch. 10 Plant Assets, Natural Resources, and Intangibles / Read Chapter 10 and lecture notes
Chapter 9 Quiz
E9-9, P9-5A
Computer Exercise
April 17 / Ch. 10 (Continued) / Be prepared to answer Q1-27, Pages 449-450
E10-1, P10-2A, P10-3A
Team Report #1 - Team members Project Requirements 1, 2
April 19 / Ch. 11 Liabilities / Read Chapter 11 and lecture notes
E10-4, E10-6, E10-7, E10-9
Chapter 10 Quiz
Computer Exercise
April 24 / Ch. 11 (Continued) / E11-4, E11-5, E11-6, E11-9, P11-1A
Team Report #2 – Project Requirements 3, 4, 5
April 26 / Ch. 11 (Continued) / P11-6A
Chapter 11 Quiz
Computer Exercise
May 1 / Mid-Term Examination / Covers Chapters 9, 10, 11
May 3 / Chapter 12 Corporation
Organization and Stock / Read Chapter 12 and Lecture Notes
May 8 / Chapter 12 (Continued) / E12-2, E12-3, E12-5, E12-6, P12-1A
Team Report #3 – Project Requirements 6, 7
May 10 / Chapter 12 (Continued) / E12-8, E12-9, E12-10
Computer Exercise
May 15 / Chapter 13 Investments / Read Chapter 13 and Lecture Notes
P12-6A, P12-7A, P12-9A
Chapter 12 Quiz
Team Report #4 – Project Requirements 8, 9
May 17 / Ch. 13 (Continued) / E13-1, E13-2, E13-5
Computer Exercise
May 22 / Ch. 14 Cash Flow Statement / Read Chapter 14 and Lecture Notes
Chapter 13 Quiz
E13-10, P13-5A, P13-6A
May 24 / Ch. 14 (Continued) / E14-1, E14-5, E14-6
May 31 / Ch. 14 (Continued) / E14-9, P14-1A, P14-7A
Chapter 14 Quiz
Computer Exercise
June 5 / Group Presentations
June 7 / Ch. 15 Financial Statement Analysis / Read Chapter 15 and Lecture Notes
June 12 / Ch. 15 (Continued) / E15-3, E15-5, P15-5
Chapter 15 Quiz
June 14 / Final Examination / Covers Ch. 12, 13, 14, 15

Homework assignments receive full credit so long as a good faith effort is made to complete the homework. Late homework receives no credit.

Course Outcomes:
Outcome #2: Use quantitative reasoning processes to understand, analyze,
interpret, and solve quantitative problems.
Outcome #4: Access, evaluate, and apply information from a variety of
sources
Outcome #5 Apply computer competency to goals
Outcome #6 Work and communicate effectively in groups

Credit and Grading:

Research Project / 140
Class Assignments and Homework / 200
Quizzes / 70
Mid-Term Examination / 150
Final Examination / 150
Total Possible Points / 700

You may earn extra credit points by active participation in the Discussion Room forum. During weeks one through ten each meaningful posting to the Discussion Room generates one extra credit point with a possible maximum weekly point total of 2 points and a maximum quarterly total of 20 extra credit points. Questions as well as answers in the Discussion Room can for extra credit points.

The final grade will be converted to a decimal grade corresponding to the following:

96 - 100= 4.079= 2.3
95= 3.978= 2.2
94= 3.877= 2.1
93= 3.776= 2.0
92= 3.675= 1.9
91= 3.574= 1.8
90= 3.473= 1.7
89= 3.372= 1.6
88= 3.271= 1.5
87= 3.170= 1.4
86= 3.069 = 1.3
85= 2.968= 1.2
84= 2.867= 1.1
83= 2.766= 1.0
82= 2.665 = 0.9
81= 2.564= 0.8
80= 2.463= 0.7
62 and below = 0.0

Group Research Project:

This is research project which requires that you and your group members select a publicly traded Northwest corporation and conduct an in-depth financial analysis of it from a financial advisor point of view. I suggest that you avoid selecting very well known corporations such as Microsoft, Starbucks, Boeing, etc. and choose a lesser known Northwest corporation. Please conduct your research and make your presentation to the class from the perspective that you are financial consultants and are providing a comprehensive report to a group of potential investors. Be as realistic as possible. All details regarding this project are on the Individual and Group Project site which is part of the course web site.

Academic Collaboration and Integrity:

I encourage you to collaborate with fellow students in completing homework, quizzes, and spreadsheet exercises. Use the discussion room to post your questions, collaborate on completing accounting assignments, and discuss potential problem and quiz solutions.

Although I encourage collaboration on assignments and quizzes, the mid-term and final examinations are to be completed by you alone. Cheating and/or plagiarism on these examinations will not be tolerated on the examinations and could result in a failing grade for the course.

Additional Course Related Information

I will provide much additional information about the course in orientation emails and discussion room postings to students registered in ACC220.