Syllabus 2009 Fall _ Day

Syllabus 2009 Fall _ Day - Wayne State University School of...

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Wayne State University School of Business Administration ACC 5110 Intermediate Financial Accounting II Winter 2010 Tuesday / Thursday: 11:45-1:10 Room: 0017 Prentis Professor: Cheol Lee, Ph.D. Office: 207 Rands House Telephone: (313) 577-2242 (office) E-mail: cheol@wayne.edu Office hour: T / Th 1:30-2:00 p.m. (or by appointment) Fax: (313) 577-2000 Course Objectives: Welcome to Intermediate Financial Accounting II. Intermediate Financial Accounting II (ACC5110) is the second course in a three-course sequence in financial accounting. Financial reporting is the vehicle by which the company formally communicates its financial position and results of operations to capital market participants. It is an interesting and important responsibility of the firm. This course consists of an in-depth examination of some of the most complex, controversial, and challenging financial reporting topics. The primary goals of this course are to develop technical competence in each area covered in the course and to develop your ability to understand the logic of Generally Accepted Accounting Principles so that you can assess the relative merit of competing accounting methods and theories. In addition, this course covers the convergence of U.S.GAAP and IFRS standards. Course Prerequisite: The prerequisite of this course is ACC5100 (Intermediate Financial Accounting I) with minimum grade of C. If you do not meet this prerequisite, please see your advisor immediately. Course Materials: Required textbook: Kieso, Weygandt, and Warfield, Intermediate Accounting (Vol. 1 and Vol. 2) , 13 th Edition (Wiley) Recommended: Wallace, W. Selected chapters from Mastery of the Financial Accounting Research System , 2007, and accompanying 2007 Financial Accounting Research System CD-ROM Kieso, Weygandt, and Warfield, Intermediate Accounting – Problem solving guide , 13 th Edition (Wiley) Class Format : I will conduct the class using a lecture/discussion format. I intend for the class to be professional yet comfortable. Accordingly, please feel free to ask questions when something is unclear. Value is added to the session when you ask questions, answer questions, and provide opinion, your observations, and experiences. In my opinion, this is very interesting material. It is also some of the most difficult material. Please work hard and stay up with the progress of the class. I will work very hard to help.
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Exams and Grading: There will be a total 600 points available in the course. The breakdown of grading points is as follows: Exam 1 100 pts. In-class quizzes 90 pts. Exam 2
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This note was uploaded on 01/18/2011 for the course ACC 5110 taught by Professor Lee during the Winter '10 term at Wayne State University.

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Syllabus 2009 Fall _ Day - Wayne State University School of...

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