Continuation of Corporate Financial Reporting1, with emphasis on accounting and reporting of liabilities, owners' equity and related effect on income determination of an enterprise. Prerequisites: BSAD 161; Business Administration major, Business Administration or Accounting minor; minimum Junior standing.
Dates: May 20 - June 14, 2019; Pre-req: BSAD 161.
This is the second course in the Intermediate Accounting sequence and continues with a discussion of time value of money, long-term liabilities, stockholders’ equity, and various reporting/disclosure rules under GAAP and IFRS. Although the course is intended primarily for accounting majors, it would also be of benefit to those pursuing a career in finance.
YouTube class videos by Professor Dempsey will be devoted to a discussion of the outlines and examples contained in the Class Notes. The latter will be available for download on Blackboard. The 16th edition of Intermediate Accounting by Kieso, Weygandt and Warfield (Wiley) is required. Students are expected to have a financial calculator on the first day of class (preferably the HP10BII, as this is the one demonstrated in the videos). It is realistic for success in this course that two-three hours must be invested in study and homework for each hour of video class time.
Grades for this course will follow a conventional 10-point scale with pluses and minuses given (e.g., 80 < B- < 82, 83 < B < 86, 87 < B+ < 90). Exam grades will be posted up on Blackboard. The weights given to the graded components of the course are as follows: Exam I 30% Exam II 30% Exam III 30% Discussion Board Participation 10%
Online Course (View Campus Map)