Community College of Philadelphia

Department of Economics and Accounting

 

Intermediate Accounting II – ACCT 202, On-Line

 

 

 

Instructor:     Alan E. Davis, CPA, MBA

Phone: 215-751-8711

Office: B2-22(c)

E-mail: adavis@ccp.edu 

Web Page: http://faculty.ccp.edu/faculty/adavis/


Course Description:  Intermediate Accounting II continues the investigation of the current accounting concepts and standards underlying the financial statements of a business enterprise that began in ACCT 201.  Intermediate Accounting II will focus on the measurement and reporting of corporate investments, liabilities, equity, other specialized issues, and their related impact on revenues, expenses, gains, and losses. 

 

Course Prerequisite:  Intermediate Accounting I - ACCT 201.

 

Text:  Fundamentals of Intermediate Accounting 2006 FASB Update, with TakeAction! CD.  Kieso, Weygandt, Warfield.  John Wiley and Sons, Inc.  2005.  ISBN: 0-471-7572-X.

 

Software:  Excel Working Papers to accompany Fundamentals of Intermediate Accounting.  ISBN: 0-471-26310-9.

 

Both the text and the working papers are available in the Distance Education section of the College Bookstore, packaged together at a discounted price from the individual prices.

 

Student Companion Website: 

 

http://bcs.wiley.com/he-bcs/Books?action=index&itemId=047175272X&bcsId=2816

 

Overview of the Course:  Although this is an on-line course, the content and work requirements do not differ from a ‘live’ class.  To successfully complete this course you should dedicate a minimum 12-18 hours of work per week throughout the semester.   The more reading you do, and end of chapter materials you complete, the higher your grade will probably be.

 

If you have never taken an on-line course before, you may want to use the assessment tool to determine if this mode of learning might be good for you before you register for the course.  To access the assessment tool, click the following link:  http://faculty.ccp.edu/dept/ccpde/self_asmt.html.  Be brutally honest in answering the questions posed to you.  You will be able to see the results of this assessment and use them to guide you in your decision to pursue on-line education.

 

The course contains 4 modules, each module representing a major section of the course.  Each module consist of 2 to 4 sessions, a session being analogous to a topical presentation in a ‘live’ class environment generally covering one chapter in the text. 

  • Readings, in the form of text based and on-line overview/supplementary materials will be required for each session. 
  • Homework problems will be assigned for each session.  Answers have been provided within each sessions assignment page for those exercises and problems assigned that do not have to be submitted for grading.
  • Each session will also have at least one homework exercise/problem, which the student will have to complete and submit for grading.  Assignments must be submitted by 11:59PM of the announced due to receive a grade.  Assignments submitted late will NOT receive a grade.

 

As each module is completed, the student will be tested, and expected to participate in a forum discussion of material related to the module just completed.   Exams must be taken within the allotted time period, dates and total time.  Make-up exams – defined as before or after the scheduled testing period, will NOT be given.  Forum participation must occur by the announced date to be eligible to receive the points for the forum.

 

As stated in the previous section, examinations and forum participation will count toward the student’s final grade for this course. 

 

Periodic “live” discussions will occur throughout the semester.  You are encouraged to participate in these live discussions.  They are similar to instant messaging chats.  Attendance at, and participation in, “live” discussions, or a lack thereof will not effect your grade.

 

A calendar for the semester, detailing the dispersion of work throughout the semester, has been posted on the instructor’s webpage.  A link to this webpage appears at the top of this syllabus.

 

WebStudy:  All materials for this course can be found in WebStudy, the portal for internet courses.  WebStudy, and a wealth of other information may be accessed through the College’s Distance Education Web Page, http://www.ccp.edu/site/de/. 

You can also access the course in WebStudy using:  http://logon.webstudy.com 

To login to Webstudy you will need a user name and password. 

·        Your user name will be the 9-character JID number that appears on your roster. 

·        Your password will be PASSWORD. 

Once you get to WebStudy, click on the user name box and enter your 9-character JID number; tab to the password box and enter PASSWORD; then click on “Login.”

You should make it a habit to login to the course not less than every other day to keep current with work to do and other on-goings about the course.

As you begin a new session – print the reading material for the session, the session’s assignment, and the forum if there is one, for the session.

If this is your first on-line course, you should login to WebStudy as soon as possible.  On the upper right ride of your screen display you’ll notice a drop-down box.  Clicking on the drop-down box will display a list of your courses.  Double-click on the course you want to enter the course.  You can also single click on the course you want to enter and then click on “go” to enter the course.

When you have entered a course, your screen display will look like a notebook with a series of topical tabs along the right side of the screen.  Important tabs include:

  • Timeline – an overview of the course by sessions with links to all relevant materials, assignments, forums, and exams for each session.  It is better to progress through the course by using the timeline.
  • Materials – a link to supplementary material I have prepared for each session.  You can also access the individual readings with the materials link in each session.
  • Work2Do – assignments you will complete over the course of the semester.  Each session in the timeline has a link to the assignment for that session.
  • Exams – a listing of, and access to, the exams scheduled during the semester.
  • Links- useful links to other websites included for your benefit.
  • Live – used for “live” (virtual) discussions with or without instructor involvement.  Study group meeting place?
  • Grades – used to view your progress through the course.

You should immediately spend some time to familiarize yourself with WebStudy, and the contents of your ‘notebook’ for each course you have enrolled in.

 

Attendance:  I am required to evaluate your attendance – or lack of, and report to the school at least once during the semester.  In an on-line class, attendance can only be measured by your participation in the class discussions and forums, by submitting assignments when due, and by taking exams as scheduled.  Attendance deemed unsatisfactory will result in your being withdrawn from the class by the instructor.

 

Homework:  Homework assignments are an integral part of your education.  For each session in the course, you are expected to complete and submit homework.  The assignments you are required to submit will be factored into your course grade.  Assignments are due by the published due date.  If you are late with one assignment, an 11-point penalty will be deducted, any other assignments that are late will receive a 0 grade.

 

Examinations: Four examinations are scheduled for the semester.  All exams are taken on-line, and are timed exams.  The exams must taken within the allotted time frame.  Make-up exams are not permitted.

 

Academic Honesty:  Except when permitted by your instructor, all work is expected to reflect an individual effort.  Attribution should be given when appropriate.   Cheating will be grounds for a failing grade.

 

Disabilities:  Students with verifiable disabilities will be accommodated, but you must register with the Center on Disability, room M1-22, during the first two weeks of class.

 

Grading:  The College grading scale will apply.  Your grade will be determined taking into account:

 

  • the average of your three (3) best exam grades, 67% of your final average.
  • the average of your homework grades, 23% of your final average.
  • points for participating in forum discussions, 10% of your final average.

 

Topical Outline:  During the semester, the following topics will be covered in this course:

 

Module/Session                  Chapter                                 Topic                                    

Module #1

 

            Session 202-01                                            Introduction

            Session 202-02                                            The Excel Working Papers           

            Session 202-03        11                                Accounting for Liabilities

            Session 202-04        Appendix F               Accounting for Troubled Debt

 

                        Forum #1

                        Examination #1

 

Module #2

 

            Session 202-05        12                                Stockholders’ Equity

            Session 202-06        17                                Additional Reporting Issues

 

                        Forum #2

                        Examination #2


 

Module #3

 

            Session 202-07        13                                Investments

            Session 202-08        App. G                        Accounting for Derivative Instruments

           

                        Forum #3

                        Examination #3

 

Module #4

 

            Session 202-09        14                                Accounting for Income Taxes

            Session 202-10        15                                Accounting for Compensation

            Session 202-11        16                                Accounting for Leases

 

                        Forum #4

                        Examination #4