UNIVERSITY KING'S COLLEGE, Department of Economics, Business and Math Affiliated with The University of Western Ontario, London, Canada N6A 2M3 Management and Organizational Studies 360a (Section 570) Intermediate Accounting 1 September to December 2007 Monday 9:30-10:30 King's W173 Wednesday 9:30-1l:30 King's W173 Contact Information Faculty: Bill Dawson Assistant: TBA Office: SA 061 Kings Office: DL 210 SSC 2210 Main Phone: [phone] # 4342 Phone: [phone] #4486 Kings Email: TBA 519-661-2111 #82293 Main Email: [e-mail] or Department Chair: Professor David Meridth [e-mail] Office: DL120 Phone: [phone] #4322 Office Hours: Monday 10:30 11:30 (Kings) Email: [e-mail] Thursday 2:00 - 4:00 (Main) Friday 1:30-3:30 (Main) MOS Coordinator: Professor Trevor Hunter or by appointment Office: DL116 Phone: [phone] #4338 Web Address: www.mos.uwo.ca Email: [e-mail] (Faculty, Bill Dawson, Web Page) Course Materials Kieso, Weygandt, Warfield, Young and Wiecek, Intermediate Accounting, Volume 1, Eighth Canadian Edition, Wiley Publishing 2007 Note: The textbook web site has additional information such as power point slides and quizzes. address: www.wiley.com/canada/kieso Kieso, Study Guide, Volume 1, Eighth Edition, Wiley Publishing, 2007 (OPTIONAL) CICA Handbook available at U.W.O. on disk in SSCL Course Objectives The course objective is for students to understand the theory and concept of financial accounting particularly in the areas of financial statements, revenue recognition, and current and long-term assets. Prerequisite Business 257 and being a 3rd or 4th year BMOS student Course Format The course shall, as far as possible, be handled on a lecture, discussion/problem-solving basis. As a result, the completion of readings and other assignments (i.e. questions, cases, exercises and problems) is essential, prior to class. Official solutions to the assignments, problems and cases will be made available after the relevant material is covered in class. The solutions will be posted on the web site. Students should also note that the workload for this course is very heavy and should schedule their time accordingly.
KING'S UNIVERSITY COLLEGE, Department of Economics, Business and Math Affiliated with The University of Western Ontario, London, Canada N6A 2M3 Course Evaluation Test #1 Mid-Term Examination (Test #2) Hand-in Assignment Final Examination Participation 20% 25% 10% 35% 10% 100%
Hand-In Assignment Submit answer to assignment to be handed out in class Answers to the question should be in the student's own words, no credit will be given for direct quotes from the text. Please show all calculations. Assignment is due on Wednesday, December 5, 2007 and should be handed in at the beginning of class or earlier. The assignment must be submitted on time. It can either be given to me before class or delivered to my office. An assignment submitted late will result in a mark of 0. The assignment will be graded based upon content, presentation format, neatness, accuracy and completeness of the questions answered. Mid-Term Exams (Tests 1, 2) Students who fail to appear for a test at the time set in the timetable will not be allowed to write the test missed, unless documented illness or other extreme circumstances is provided. In case of illness, a student must contact the instructor via telephone or email (the date and time is recorded on both). The student must provide an official medical note from their physician which states that, due to medical reasons, it was impossible for the student to write the test at the scheduled time. The student must arrange to write a make-up test on a timely basis. The make-up may differ in format from the original test exam. Examinations Requests to be excused from an examination for medical, sport or compassionate grounds must ALWAYS be accompanied by appropriate documentation either with the request or as soon as possible after the fact. A Medical Excuse Documentation Form is available at the Academic Dean's office. Students who fail to appear for an examination at the time set in the timetable will not be allowed to write the examination thus missed. Students should report this irregularity immediately to the Dean's office. They may, with the approval of the Chair of the Department concerned, petition the Dean for standing or permission to write a special examination. Petitions will be entertained only when they are submitted on compassionate grounds with supporting documents. See the current Western Academic
KING'S UNIVERSITY COLLEGE, Department of Economics, Business and Math Affiliated with The University of Western Ontario, London, Canada N6A 2M3 Policy of Special Examinations 1) Students with conflicts or students who are unable to write an examination based upon compassionate grounds (supported by appropriate documents), may apply in writing prior to the exam to the course coordinator to be excused. 2) Students involved with approved out-of-town university activities during the scheduled midterm exam may apply to the course coordinator for special proctoring privileges to write the mid-term exam. 3) Students who are excused from the writing of the mid-term examination will have the appropriate percentage of marks transferred to the weighting of the marks for the final exam. Notes
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It is the student's responsibility to submit his or her own original written material in courses in this program. See the current Western Academic Calendar, "Scholastic Offences". For a description of the process to be followed for mark/grade appeals see your professor. The use of personal computers, or other hand held computing devices during examinations will not be permitted.
Plagiarism Plagiarism is a serious Scholastic Offence. If written work will be assigned in the course, a reference to the possible use of plagiarism checking software. Plagiarism Checking: The University of Western Ontario uses software for plagiarism checking. Students may be required to submit their written work in an electronic form for plagiarism checking. "Plagiarism: Students must write their essays and assignments in their own words. Whenever students take an idea, or a passage from another author, they must acknowledge their debt both by using quotation marks where appropriate and by proper referencing as, such footnotes or citations. Plagiarism is a major academic offence. Please refer to Scholastic Discipline under the Senate Policy on Academic Rights and Responsibilities at: http//www.uwo.ca/univsec/handbook/. Accommodation for Religious Holidays Please refer to the Senate Policy on Accommodation for Religious Holidays at http://www.uwo.ca/uivsec/handbook/. (See Policy on Academic Rights and Responsibilities). The Calendar of Religious Accommodation for the 2007-08 academic year is available on the Equity & Human Rights Services' website: http://www.uwo.ca/equity/docs/mfcalendar.htm. This calendar shows religious holidays for which Equity and Human Rights Services has confirmed students of different faiths may require academic accommodation. Add/Drop Deadlines Friday, September 14, 2007 Monday, October 15, 2007 Last day to ADD a first-term half course. Last day to DROP a first-term half course without academic penalty.
KING'S UNIVERSITY COLLEGE, Department of Economics, Business and Math Affiliated with The University of Western Ontario, London, Canada N6A 2M3
Participation It is expected that students will attend all classes and arrive on time and ready to work. I will be evaluating on a daily basis both the quantity and quality of your efforts. The main objective of your contribution is not evaluation but learning or helping your colleagues (and instructor) to learn. The following list might be of some help. A -- EXCELLENT contributed consistently to class discussions contributions indicated preparation and deep thought frequently explained difficult points or concepts provided positive direction for class discussions able to build and develop strong arguments for position B -- GOOD Contribution contributed consistently to discussions contributions indicated preparation and some thought often explained difficult points or concepts occasionally built arguments for a position C -- FAIR Contribution contributed to class discussions gave indication of preparation and thought occasionally helped in developing an argument D -- POOR Contribution contributed infrequently to discussions gave little indication of preparation and thought did not aid in providing a positive atmosphere for meaningful discussion E -- UNSATISFACTORY never, or almost never contributed to discussions gave no indication of preparation or thought NOTES: (1) (2) (3) It is the student's responsibility to submit his or her own original written material in courses in this program. See the current Western Academic Calendar, "Scholastic Offences" For a description of the process to be followed for mark/grades appeals see your professor. The use of personal computers, or other hand held computing devices during examinations will not be permitted.
KING'S UNIVERSITY COLLEGE, Department of Economics, Business and Math Affiliated with The University of Western Ontario, London, Canada N6A 2M3
King's College MOS 360a Intermediate Accounting 1 Course Outline September 2007 December 2007 DATE Mon, Sept 10 SESSION 1 TOPIC AND ASSIGNMENT Course Introduction The Canadian Financial Reporting Environment Lecture: Chapter 1 BE 1-9, BE 1-21, BE 1-22, WA1-3 Conceptual Framework Underlying Financial Reporting (continued) Lecture: Chapter 2 Read: Chapters 1 & 2 Exercises 2-6, 2-10 Problems 2-2, 2-7 The Accounting Information System Lecture: Chapter 3 Read: Chapter 3 and Appendix 3A The Accounting Information System (continued) Problems: 3-3, 3-6, 3-15 Reporting Financial Performance -- Income Statement and Retained Earnings Lecture: Chapter 4 Read: Chapter 4 and Appendix 4A Income Statement and Retained Earnings (continued) Exercise: 4-7 Problems: 4-4, 4-10, 4-16 Balance Sheet and Cash Flows Lecture: Chapter 5 Read: Chapter 5 and Appendix 5A CICA REF 1000 110...