MGA 301 – Fall 2006
Intermediate Financial Accounting I
9:30 – 10:50pm, Tuesday
10:00am – 11:00am, Wednesday
1:00pm – 1:50pm, Thursday
You may also drop by or e-mail anytime.
MGA 301 is the first course in the financial accounting sequence.
Together with MGA
302, this course provides the core of financial reporting knowledge that you will use
throughout your academic and professional accounting careers.
In this course, we will
review the accounting cycle and the four primary financial statements.
We will further
examine in depth revenue recognition and asset valuation/allocation.
uniform CPA examination in the not the focus of this course, all of these subjects are
extensively examined by the AICPA.
Classes will be a combination of lecture, problem solving, and participation.
through a joint effort can we understand the complex material presented in this course.
For class time to be productive, it is imperative that you study the assigned textbook
chapters prior to attending class.
In class, we will review the primary issues discussed in
each chapter and work in-class problems.
Homework problems are assigned to allow you
additional practice on these accounting techniques.
Since learning is best achieved in an interactive environment, I would like to know who
Therefore, your first homework assignment (albeit one with no points) is to
place information about yourself on an index card (e.g. name, major, hometown, career
goal, prior accounting experience, anything else you want me to know).
Please turn in
your card by Thursday,
Students are also encouraged to get involved in School of Management accounting
These include Junior Orientation (Tuesday, Sept. 5, 5pm, Student Union
Theater), Beta Alpha Psi (Information Meetings on Wednesday, Sept. 6 and Thursday,
Sept. 7 at 5pm in Alfiero 104) and/or UB Accounting Association Meetings (General Mtg
on Monday, Sept. 11, 5pm, Location TBD).
Attendance at Junior Orientation is your
second homework assignment.
Attendance at other SOM accounting functions may be