ACCT 3332-01 Intermediate Accounting II Fall 2018 Alice A .

ACCT 3332-01 – Intermediate Accounting IIFall 2018Alice A. Upshaw, MPA, CPA, CMAClass: Mondays and Wednesdays, 1:30 p.m. to 2:45 p.m., CC 201Office Location and Phone: CC 228C and 806-651-2511Office Hours: Monday, 2:45 to 4:45 p.m.Tuesday, 12:15 to 1:30 and 2:45 to 4 p.m.Wednesday, Noon to 1:30 and 2:45 to 4 p.m.Thursday, 2:45 to 4:30 p.m. - other times by appointmentEmail: aupshaw@wtamu.edu (or use “Course Messages” or “Send Email” in WT Class)Social Media: Keep up with the latest happenings of your COB on Facebook and Twitter, connect with us on LinkedIn,and check out COB videos on YouTube.Text: Intermediate Accounting, 16th edition, Kieso, Weygandt, and WarfieldTextbook Student Companion site: http://bcs.wiley.com/hebcs/Books?action index&bcsId 10170&itemId 1118742974Terms of UseA student's continued enrollment in this course signifies acknowledgment of, and agreement with, the statements,disclaimers, policies, and procedures outlined within this syllabus and elsewhere in the WTClass environment. ThisSyllabus is a dynamic document. Elements of the course structure (e.g., dates and topics covered, but not policies) may bechanged at the discretion of the professor. last updated August 12, 2018WTAMU Paul and Virginia Engler College of Business Mission StatementThe mission of the Paul and Virginia Engler College of Business is to provide high quality undergraduate and graduatebusiness education with a global perspective and ethical awareness. We accomplish this through emphasis on excellencein teaching, which is strengthened by faculty scholarship and supported by professional service.Learning Objectives of the WTAMU Paul and VirginiaEngler College of Business ProgramsThe Engler College of Business (COB) at West TexasA&M University (WTAMU) seeks to prepare students inthe Bachelor of Business Administration (BBA), Masterof Business Administration (MBA), Master ofProfessional Accounting (MPA), and the Master ofScience, Finance and Economics (MSFE) degreeprograms for careers in business and to foster theirprofessional growth and advancement via key learninggoals and objectives.The learning objectives of the College of Business are asfollows: Leadership Communication Critical Thinking Business Integration Core Business Knowledge Global Business Environment Business Ethics and Corporate Governance1

Course DescriptionEmphasis is placed on both accounting theory and practice. Ethical considerations in the profession of accounting arediscussed on the entity and international levels. Intermediate Accounting II addresses the following financial accountingtopics: current liabilities and contingencieslong-term liabilitiesstockholders’ equity, dilutive securities andearnings per shareinvestmentsrevenue recognitionaccounting for income taxes accounting for pensions and postretirementbenefitsaccounting for leasesaccounting changes and error analysisthe statement of cash flowsdisclosure in financial reportingCourse ObjectivesIntermediate Accounting II is designed to assist the accounting student to1. understand financial accounting principles sufficiently to solve problems at the level tested on the UniformCertified Public Accountant (CPA) Exam,2. read, understand, and communicate material written on a professional level,3. analyze financial statements and demonstrate competency in communicating conclusions in the form of writtenmemos and reports, and4. synthesize ethical considerations with accounting principles, with emphasis on the ethics of professionalaccountants and of those responsible for corporate governance.Map from COB Learning Objectives to Specific Course ObjectivesThe College of Business Learning Objectives are related to the course objectives for ACCT 3332 as follows:1. Students will demonstrate competencies in writing, speaking, and technology communication via exams, writtenassignments, in-class exercises, and homework.2. Students will demonstrate their competencies in critical thinking via exams, written assignments, in-classexercises, and homework.3. Students will demonstrate their competencies in ethical decisions via exams, written assignments, in-classexercises, and homework.4. Students will demonstrate their knowledge of the global and domestic environment and their relevance to thebusiness contexts via exams, written assignments, in-class exercises, and homework.5. Students will demonstrate their knowledge of diversity for effective problem-solving via exams, writtenassignments, in-class exercises, and homework.6. Students will illustrate and explain theories and concepts related to current liabilities and contingencies, longterm liabilities, stockholders’ equity, dilutive securities and earnings per share, investments, revenue recognition,accounting for income taxes, accounting for pensions and postretirement benefits, accounting for leases,accounting changes and error analysis, the statement of cash flows, and disclosure in financial reporting viaexams, written assignments, in-class exercises, and homework.2

Course Grading PoliciesAttendance is expected. While students are not graded on attendance, failure to attend class will limit the student’spotential to perform at an optimum level. The student is responsible for all material covered in class, handouts, and allannouncements made in class, including changes in the Class, Homework, and Exam Schedule.Assigned reading - Students are expected to read the assigned portions of the textbook and be prepared to discuss andapply concepts in class. See Class, Homework, and Exam Schedule.In-class exercises, assignments, and quizzes are used to give students practice in applying concepts and to enhance andassess each student’s understanding of assigned reading and homework.Homework will not be collected for grading. To assist students in completing assigned homework, solutions will be madeavailable either in class or on WTClass. See Class, Homework, and Exam Schedule for assigned homework for eachchapter.Questions and exercises allow students to develop accounting skills, but they cannot realistically represent allapplications of the accounting principles that will be encountered on exams or in the practice of accounting.Exams are based on assigned reading, homework, in-class exercises, class notes, and handouts. Exams consist ofaccounting theory and application questions in the form of multiple choice, short answers, journal entries, andproblems.See Class, Homework, and Exam Schedule for exam dates. Though exam dates are set, circumstances may cause thesedates to be changed. All electronic devices (except a calculator) must be stowed away during exams. Exception:International students are permitted to use electronic translators (not connected to the Internet) during exams.Extra credit opportunities may be offered at various times through the semester. When offered, extra credit will beequally available to all enrolled students. No extra credit will be offered after the semester is concluded.Comprehensive final must be taken at the time scheduled by the University. See Class, Homework, and Exam Schedulefor date and time.Total points will come from daily grades, exams, and the final.Values available for each component are as follows:150 pointsdaily grades—in-class exercises, terminology quizzes, pop quizzes600 pointsexams (3 200-pt. exams, replace lowest with highest)250 pointscomprehensive final1000 total pointsGrades will be based on the following percentages of total points:A 90% of the total pointsB 80% of the total pointsC 70% of the total pointsD 60% of the total pointsF Below 60% of the total pointsNOTE: Failure to complete any of the above requirements may result in a failing grade.At a minimum, preparation for class involves reading assigned material and completing homework assignments. See Class,Homework, and Exam Schedule.A minimum of 15 hours per week is recommended to complete the assigned reading and homework.3

Course Assignment and Examination PoliciesUnless specific instructions allow collaboration, all assignments are to be completed INDIVIDUALLY and by the studentenrolled in the course. It is totally unacceptable to represent as your work any assignment, question, exercise, or problemthat is done by someone else. It is equally unacceptable to copy from anyone or any source any assignment, question,exercise, or problem, or to allow yours to be copied by anyone else. It is impossible to control, prevent, or detect all abuses.Be assured that if you cheat, you are cheating yourself, your classmates, and your future employer.Be familiar with the University Academic Integrity Code and the Paul and Virginia Engler COB Student Code of Ethics.Course Topics - Tentative Calendar of Readings, Topics, and Due DatesSee Class, Homework, and Exam Schedule.Course Teaching MethodsThe course material is covered using a lecture-demonstration format, as well as through assigned reading, homework andother assignments. Assignments and handouts assist students in understanding and applying accounting concepts andprinciples. The student’s preparation for each class is essential to a successful outcome.Course MaterialsStudents are expected to bring the textbook (either hard copy or ebook), basic four-function calculator, paper, andpencil to every class. Business calculators or graphing calculators are permissible but not required.WileyPLUSWileyPLUS is the textbook publisher’s “online environment” where various resources are available for students. ForACCT 3332, no assignments will be made in WileyPLUS.Additional Course Policies Make-up tests are given only in extreme circumstances. Contact the instructor immediately if you determine thatyou will miss a scheduled exam. Students who miss an exam due to University-sponsored activities or trips must make advance arrangementsregarding missed assignments or exams. Excluding the use of calculators or laptop computers to take notes during class, all electronic devices should beput away. Exception: International students may use electronic translators (not connected to the Internet) duringexams. Leaving the classroom during an exam is expressly prohibited.WTAMU Paul and Virginia Engler COB Student Code of EthicsEach student enrolled in COB courses accepts personal responsibility to uphold and defend academic integrity and topromote an atmosphere in which all individuals may flourish. The COB Student Code of Ethics strives to set a standardof honest behavior that reflects well on students, the COB and West Texas A&M University. All students enrolled inbusiness courses are expected to follow the explicit behaviors detailed in the Student Code of Ethics.4