3
Accy 204
Winter Quarter, 1999
Dr. K. Stevens, MSA, MST, CPA
Office Hours
Monday, 11:30 - 12:30, 5:00 - 6:00 PM, Wednesday, 5:00 - 6:00 PM, and by appt.
Room 6044 DePaul Center
362-6989 (office and voice mail)
362-8770 (secretary)
Text: Intermediate Accounting, Kieso & Weygandt, 9th Ed.
Teaching Method
The classes are lecture oriented with the student having the opportunity to ask questions or make comments as may be appropriate. The student's responsibility is to read all material and complete problem assignments before class. There will be three examinations - two mid-terms and a final. Solution manuals to the text are available in the Accounting Tutoring Lab (Room 6316 DPC).
Course Content - See attached syllabus for a tentative class schedule.
Prerequisites: Students must have successfully completed (a grade of at least C-) Accy 101, 103, & 203, or their equivalents. If you have not successfully completed any of those courses, the highest grade you can achieve in this course is an "F".
Objectives of the Course:
This course is designed to assist students in understanding and applying complex accounting principles and concepts. After completion of the course, the student should possess a working knowledge of the application of technical aspects of accounting. The material covered in this course comprises a significant portion of the CPA exam. Thus, complete mastery of this material is absolutely essential to anyone planning on passing the CPA exam.
Make-up Exam Policy:
Midterm - No make-up will be offered. Anyone with a valid excuse who gets permission from me before the midterms will take a comprehensive, multiple-choice final exam, for 100% of the course grade without a curve.
Final - Anyone with a valid excuse who gets permission from me before the final will receive a grade of "incomplete" and take a make-up final exam at the time scheduled by the College. This is usually in the second or third week of the following quarter. Given the extra time available for preparation, fairness dictates that the makeup exam be significantly more difficult than the regularly scheduled final exam. Also note that to receive a grade of incomplete, the student must be passing the course. Thus, a student who fails the midterm does not have the option of receiving an incomplete.
Grading policy:
1. A typical exam has 10-20 multiple-choice questions, one problem and one or two essay questions. The essay questions may address such topics as ethical dilemmas confronting accountants or may ask the student to discuss the accounting implications of business articles culled from such sources as the Wall Street Journal.
2. The higher of the three exam scores will be weighted 40% and the lower scores weighted 30%.
3. I realize that many students in the class have severe work and/or family responsibilities. You probably realize that it is impossible for the instructor to determine when students have a "valid" reason for missing class. We both realize that some students benefit more or less from class participation than others. Therefore, there are two grading scales in this class. For students who regularly attend class, grades will be based on each student’s weighted average total score, and its ratio to the highest weighted-average score in the class. Regular attendance is defined as missing no more than one week of class. For students who due to any reason cannot or do not need to attend class, grades will still be based on each student’s weighted average total score. However, that score will not be weighted by the highest score in the class. Instead, grades will be based on an absolute scale. I reserve the right to raise students' grades due to outstanding class participation.
4. Grades for students regularly attending class will be awarded as follows:
A = 90% of highest weighted-average total
A- = 87% of highest weighted-average total
B+ = 83% of highest weighted-average total
B = 80% of highest weighted-average total
B- = 77% of highest weighted-average total
C+ = 73% of highest weighted-average total
C = 70% of highest weighted-average total
C- = 67% of highest weighted-average total
D+ = 63% of highest weighted-average total
D = 60% of highest weighted-average total
5. Example: Assume the highest weighted-average three-exam score in the class is 89 points. A student who regularly attended class and achieved a 76 on the first midterm, a 91 on the second, and 60 on the final would have a weighted-average total of (76)(.30)+(91)(.40) + 60(30) = 77.8. A weighted-average score of 77.8 corresponds to a grade of A- since the ratio of 77.8 to 89 is 87%. (Keep in mind that the grade scale above represents the minimum grade a student will receive, not the maximum.) However, if the student did not regularly attend class, the weighted-average score of 77.8 would correspond to a grade of B-.
Tentative Class Schedule
Date Chapter Assignment
(E = Exercise, P = Problem)
Jan 6, 11 & 13 Chapter 1-5 E3-23, 3-24, P3-4 (prepare a
worksheet as well), E4-7,
P4-3, P5-4
Jan. 18 & 20 Chapter 6 E6-5, E6-15 thru 6-20 (skip E6-19)
Note: You must prepare the answers to the exercises in Chapter 6 using a spreadsheet and e-mail me your work.
Jan. 25 & 27 Chapter 7 E7-5, E7-11, E7-20, E7-22, P7-8
Feb. 1 Exam I
Feb. 3 and 8 Chapter 8 E8-27, P8-2, P8-12
Feb. 10 & 15 Chapter 9 E9-1, E9-8, E9-22, E9-23
Feb. 17 Exam II
Feb. 22 Chapter 10 E10-8, E10-14, P10-7
Feb. 24 & March 3 Chapter 11 & 12 E11-4, E11-9, E11-13, E12-13,
E12-25, P12-2
March 8 & 10 Chapter 13 P13-1, P13-8, P13-10