Advanced Accounting: fall/spring session

2012-2013

Instructor: Ewa Lacroix

Office: Socle de la défense, 2nd Floor, Room 250-C
E-mail : [email protected]
Office Hours: Mon & Wed 9:30 AM to 11:00 AM; Tues & Thurs 9:30 AM to 10:30 AM
Course No.: ACC 201
Course Title: Financial Accounting

Required Text:

-Financial Accounting and Reporting: A Global Perspective, 3rd Edition, ISBN 1-4080-2113-
2 © 2010 H. Stolowy, M. J. Lebas and Y. Ding
-Download all European commission documents from IESEG-online. (Public)
-Download all AS documents from IESEG-online. (public)

Other Materials: Mechanical pencil, eraser, pen, ledger paper, Texas Instruments BA II plus
financial calculator or Apple iPhone (Texas Instrument BA II plus app),
3-ring binder, tab dividers, 3” x 5” index cards, rubber bands.

Course Description: The study of Advanced financial accounting concepts and theories with
emphasis on the preparation and use of the income statement, balance sheet, and statement of
cash flows. Coverage involves the process of analyzing, processing, interpreting and
communicating the financial information to aid in decision making.

Course outlines:

1. Disclosure of Accounting Policies

2. Valuation of Inventories
3. Cash Flow Statements
4. Contingencies and Events occurring after the Balance Sheet Date
5. Net Profit or Loss for the Period, Prior Period Items and Changes in accounting Policies
6. Accounting of tangible assets
7. Accounting of intangible assets
8. Impairment of assets
9. Depreciation Accounting
10. Long term contracts
11. Revenue Recognition
12. The Effects of Changes in Foreign Exchange Rates
13. Accounting for Government Grants
14. Accounting for Investments
15. Accounting for Amalgamations
 16. Leases
17. Earnings Per Share

Grading Standard:

Grade Total Points

A 720 - 800
B 640 - 719
C 560 - 639
D 480 - 559
F Below 480

Homework:
The homework is Problem Set B for all chapters 1 through 14 in the textbook including
Appendix D, E, F, G. Students are to work with their study team members to complete the
homework. Each team will have approximately five members and the homework problems are
to be split-up amongst the team members. The team members will decide how the homework
is to be assigned. Each member is responsible for completing their share of the
homework. After a student finishes their portion of the homework they are to submit the
homework to the group coordinator and explain it to their team members. Students are to keep
track of their homework in a three-ring binder and the instructor will give the student credit
for the homework (up to 200 points) at the end of the semester. (Note: The working papers
for the homework are optional.)

Video Assignments:
Throughout the semester the instructor give homework assignments to watch videos on
www.IESEG-online.com . All videos assigned will relate to the course content or the accounting
profession.

Solutions:
Students will receive the solutions to the end-of-chapter discussion questions and the
solutions to Problem Set A.

Study Teams:
Students will form study teams. The study team members are work as a team on the assigned
homework and study guides/practice tests throughout the semester.

Class Time:
The first half of the class time will be spent on lecture and the second half of the class time
will be spent on accounting tutoring.

Safety Procedures:
Approved safety procedures are posted in each classroom and are to be followed.

Tutorial Services:
Students are entitled to 12 hours free per semester. For appointment call 651-4232 Cheyenne,
651-5732 Charleston, and 651-3125 Henderson.

Academic Integrity:
Scholastic dishonesty will not be tolerated and will be prosecuted to the fullest extent. You
are expected to have read and understand the current issue of the student handbook (published
by Student Services) regarding student responsibilities and rights and the intellectual property
policy for information about procedures and what constitutes acceptable on-campus behavior.

Other Information:
Information contained in this syllabus, other than the grading and attendance policy is subject
to change as deemed appropriate by the instructor with advance notification. Students’ rights
and responsibilities pertaining to policies and services are found in the College Catalog and
on the website.

Directions to Log into Your Courses

1.) Once the fall 2013 semester begins, you will continue to login to the IESEG Online
Campus as you normally would by going to http://www.IESEG-online.com

2.) Once logged in, you will see the standard list of all of the courses in which you are
enrolled.

Please go to www.IESEG-Online.com for more information on Canvas, including training

guides and login information.

Classroom Etiquette:
1. Come to class on time
2. No excessive texting during class
3. No headphones
4. No texting during exams
5. If you have to leave class early please let the instructor know in advance
6. iPhones are allowed in the classroom for the Texas Instruments BA II plus app and to
access websites that pertain to class discussion
7. Kindness, courtesy, and respect is expected and appreciated by your fellow classmates
and the instructor.

Retention Office:
The Retention Office will help you come up with practical solutions to any challenges you
may encounter and get you connected to the right resources. The mission of the office is to
help you stay in school and achieve your dreams for a brighter future. We are here to help
and work with you.

How to prepare for exams:

Study guides and/or practice exams will be given to assist the students in preparing for the
exams. The study guides and practice exams were prepared to coincide with the textbook and
lecture. The exams will consist of multiple choice questions that are both conceptual and
computational. Scantrons will be provided. Students are expected to come to the exam with a
pencil, eraser, and the Texas Instruments BA II plus calculator.

The following are helpful tips that will help you succeed in this class:
1. Come to class on time.
2. Sleep 7 to 8 hours every night.
3. Study a little every day and avoid late-night cram sessions the night before the exam.
4. If you don’t understand the material please let me know as soon as possible.
5. Studying the concepts with repetition can help you achieve long-term retention.
6. Make use of flash cards with the question on the front and answer on the back.
7. Don’t give up if you don’t understand a concept or problem at first. You will
understand the material if you remain persistent.
8. Study in groups. Social interaction will enhance and enrich your college experience.
9. Do your best and maintain a positive attitude.