Revision Date: 24-Jan-21

ACC-2202-VO01 - Intermediate Accounting II Synonym: 202978 Location: Online Credits: 4 Day/Times: Meets online Semester Dates: 01-26-2021 to 05-10-2021 Last day to drop without a grade: 02-15-2021 - Refund Policy Last day to withdraw (W grade): 03-28-2021 - Refund Policy Faculty: Sherry Parshley | View Faculty Credentials This course has started, please contact the offering academic center about registration Browse the Canvas Site for this class. Course Description: A continuation of Intermediate Accounting I. Topics include long-term investments; long-term debt; stockholders' equity; treasury stock; earnings per share; accounting for income taxes, pensions, and leases; accounting changes and errors; statement of changes in financial position; analysis of financial statements, and accounting for inflation. The course emphasizes methods and procedures, and recent changes and developments. Prerequisite: Intermediate Accounting I. Essential Objectives: The successful student will be able to: 1. Classify, value and perform accounting functions associated with current liabilities, contingencies, and long-term liabilities. 2. Describe the various accounting methods for the recording and financial reporting of long-term investments in stocks and bonds. 3. Identify and perform accounting functions pertaining to Stockholders' Equity including stocks, dividends, and retained earnings. 4. Illustrate the accounting for the valuation, distribution, and disposition of equity securities. 5. Describe the issues and rulings of the accounting profession as they relate to the complex accounting, disclosure and financial representation requirements for revenue recognition, pension plans, long-term leases, income taxes, and changes in accounting methods. Textbooks: Spring 2020 textbook data will be available on December 2. On that date a link will be available below that will take you to eCampus, CCV's bookstore. The information provided there will be for this course only. Please see this page for more information regarding the purchase of textbooks. Contact Faculty: Email: Sherry Parshley Hiring Coordinator for this course: Debra Grant Syllabus: SYLLABUS ACC2202 Intermediate Accounting II Spring 2020 January 25th – May 10th Instructor: Dr. Sherry Parshley Email: sherry.parshley@ccv.edu (preferred contact method) Voice Mail: 602-463-8073 (to be used only if Internet access is not available and you need to reach me – no texting please) COURSE OBJECTIVES A continuation of Intermediate Accounting I. Topics include long-term investments; long-term debt; stockholders' equity; treasury stock; earnings per share; accounting for income taxes, pensions, and leases; accounting changes and errors; statement of changes in financial position; analysis of financial statements, and accounting for inflation. The course emphasizes methods and procedures, and recent changes and developments. Prerequisite: Intermediate Accounting I. The successful student will be able to: 1. Classify, value and perform accounting functions associated with current liabilities, contingencies, and long-term liabilities. 2. Describe the various accounting methods for the recording and financial reporting of long-term investments in stocks and bonds. 3. Identify and perform accounting functions pertaining to Stockholders' Equity including stocks, dividends, and retained earnings. 4. Illustrate the accounting for the valuation, distribution, and disposition of equity securities. 5. Describe the issues and rulings of the accounting profession as they relate to the complex accounting, disclosure and financial representation requirements for revenue recognition, pension plans, long-term leases, income taxes, and changes in accounting methods. TEXT Intermediate Accounting - Connect 10th edition (ebook with Connect access) By J. David Spiceland, James Sepe, Mark W. Nelson ISBN 9781260481938 STRUCTURE OF COURSE Class Participation: Online discussions open on Mondays and end on Sundays at 11:59 EST. Participation is an important part of our online course and represents 20% of your course grade. Participation requires responding to the initial discussion question(s) not later than Thursday of each week, with high quality interaction with classmates throughout the week. Your response should demonstrate that you can apply the concepts learned this week. Participation is required on at least 2 days per week. Your instructor will post additional thread topics to keep the conversation lively and relevant. Participation grades will typically be posted within 48 hours of the end of each week and will be based on the quantity and quality of your postings. Points will be deducted for inappropriate responses in the forum. Examples of inappropriate responses include postings that are disrespectful of your classmates or your instructor. Homework Assignments: All assignments will be completed using Connect. The homework assignments are due in weeks 3, 6, 10 and 13. Quizzes: All quizzes will be completed using Connect. The quizzes are due in weeks 2, 5, 9, and 12. Mid-Term and Final Exam: The Mid-Term Exam will be in week 7, and the Final Exam will be taken in week 15. Those are the only requirements in those weeks. More details about the content of the exams will be provided prior to the exams. STUDENT RESPONSIBILITIES STUDENTS MUST SUBMIT THEIR ASSIGNMENTS ON OR BEFORE THE DEADLINES. I am mindful of the busy schedules that each of you maintains. To make this experience productive and (I hope) painless for all of us, it is important that you communicate with me. Contact me well in advance of any schedule problems or conflicts that you anticipate (like vacations, etc) in order to work out a solution. It is very rare that I accept late assignment and only in cases of very compelling (and verifiable) reasons. Late work may be downgraded at the discretion of the instructor. WRITING STANDARDS Effective managers and leaders are also effective communicators. Written communication is an important element of the total communications process. This instructor recognizes and expects exemplary writing to be the norm for course work. To this end, all assignments and correspondence must demonstrate adult-level writing ability. I am not unreasonable in this regard. Most likely, you will meet this requirement if you simply take the time to re-read what you have written at least once before posting. I also encourage you to write out your discussion forum posts in a Word document and use the Grammar and Spell check function prior to posting your response. Remember, the Discussion Forums are not Chat rooms or for text messages. COMPOSITION OF FINAL GRADE Grading: Homework Assignments (4 @ 50 pts) 200 PTS 20% Participation ( 10 @ 20 pts) 200 PTS 20% Quizzes (4 @ 50 pts) 200 PTS 20% Mid-Term Exam (50 Qs @ 4 pts) 200 PTS 20% Final Exam (50 Qs @ 4 pts) 200 PTS 20% Total: 1000 PTS 100% CCV Letter Grades are assigned according to the following: High Low A+ 100 98 A <98 93 A- <93 90 B+ <90 88 B <88 83 B- <83 80 C+ <80 78 C <78 73 C- <73 70 D+ <70 68 D <68 63 D- <63 60 F <60 0 P 100 60 NP <60 0 Course Schedule Week # Dates Topic Assignment 1 1/25 – 1/31 Investments Read Chapter 12; Discussion Participation #1 2 2/1– 2/7 Current Liabilities and Contingencies Read Chapter 13; Quiz #1; Discussion Participation #2 3 2/8 – 2/14 Bonds and Long-Term Notes Read Chapter 14; Homework Assignment #1; Discussion Participation #3 4 2/15 – 2/21 Leases – Parts A and B Read Chapter 15; Parts A and B 5 2/22 – 2/28 Leases – Parts C and D Read Chapter 15, Parts C and D; Quiz #2; Discussion Participation #4 6 3/1 – 3/7 Accounting for Income Taxes Read Chapter 16; Homework Assignment #2; Discussion Participation #5 7 3/8 – 3/14 Mid-Term Exam Covers Ch. 12 - 16 8 3/15 – 3/21 Pensions and Postretirement Benefits – Parts A, B and C Read Chapter 17, Parts A, B and C 9 3/22 – 3/28 Pensions and Postretirement Benefits – Parts D and E Read Chapter 17, Parts D and E; Quiz #3; Discussion Participation #6 10 3/29 – 4/4 Shareholders’ Equity Read Chapter 18, Homework Assignment #3; Discussion Participation #7 11 4/5 – 4/11 Share-Based Compensation and Earnings per Share Read Chapter 19, Discussion Participation #8 12 4/12 – 4/18 Accounting Changes and Error Corrections Read Chapter 20; Quiz #4; Discussion Participation #9 13 4/19 – 4/25 The Statement of Cash Flows Revisited Read Chapter 21; Homework Asst. #4; Discussion Participation #10 14 4/26 – 5/2 Review of Chapters 17 through 21 Chapters 17 - 21 15 5/3 – 5/10 Final Exam Covers Ch. 12 – 21, with emphasis on chapters 17-21 Accessibility Services for Students with Disabilities: CCV strives to mitigate barriers to course access for students with documented disabilities. To request accommodations, please Provide disability documentation to the Accessibility Coordinator at your academic center. https://ccv.edu/discover-resources/students-with-disabilities/ Request an appointment to meet with accessibility coordinator to discuss your request and create an accommodation plan. Once created, students will share the accommodation plan with faculty. Please note, faculty cannot make disability accommodations outside of this process. Academic Honesty: CCV has a commitment to honesty and excellence in academic work and expects the same from all students. Academic dishonesty, or cheating, can occur whenever you present -as your own work- something that you did not do. You can also be guilty of cheating if you help someone else cheat. Being unaware of what constitutes academic dishonesty (such as knowing what plagiarism is) does not absolve a student of the responsibility to be honest in his/her academic work. Academic dishonesty is taken very seriously and may lead to dismissal from the College. Course description details subject to change. Please refer to this document frequently.