ACCOUNTING 401-100
ADVANCED ACCOUNTING
SYLLABUS
SUMMER I SEMESTER 2009
2:00 – 3:35 pm
Room 104
S. H. Kratchman
Price Waterhouse Professor of Accounting
460 G Wehner Building
5-3175
http://acct.tamu.edu/kratchman/
Wednesday, 10:00 – 11:00 am
Thursday, 4:00 - 5:00 pm
Others by appointment
To expose students to the following areas of financial accounting:
1. Accounting for investments in subsidiaries
2. Business combination
3. Consolidated financial statements
4. Foreign currency transactions
5. Foreign currency translation
6. Governmental accounting
7. Not-for-profit accounting
8. SEC accounting
In addition, it is the objective of this class to enhance students’ communication skills.
We have beautiful and state-of-the-art
classrooms in the
future years. Thus, it is necessary for you to adhere to the established policy of NO BEVERAGE, FOOD, TABACCO PRODUCTS, OR ANIMALS (unless
approved) within the
Your assistance in enforcing this policy is greatly appreciated.
Academic Integrity
Statement:
The accounting profession has a long established
reputation for its high level of ethical conduct. This reputation extends into
the academic arena where the profession's future leaders are prepared. It
follows that accounting students are expected to conduct themselves in a manner
which is above reproach in all of their own course related activities.
Academic dishonesty in any form simply will not be
tolerated. Such actions include, but are not limited to: copying, sharing or obtaining information
from any unauthorized source during examinations or quizzes; copying from or
unauthorized sharing of homework assignments; attempting to take credit for the
intellectual creation of others as one's own work; falsifying information; and
giving or receiving information about a test, quiz, practice problem or
assignment to students in your class or in other sections of the course. There should be no question as to what
constitutes academic dishonesty.
As commonly defined, plagiarism consists of passing off
as one's own the ideas, words, writings, etc., which belong to another. In
accordance with this definition, you are committing plagiarism if you copy the
work of another person and turn it in as your own, even if you have the
permission of that person. Plagiarism is one of the worst academic sins, for
the plagiarist destroys the trust among colleagues.
The texts, supplements and all materials used in this
course are copyrighted. This includes all materials generated for this class,
which include, but are not limited to, syllabi, exams, quizzes, problems, in
class materials, review sheets, and additional problem sets. Because these
materials are copyrighted, you do not have the right to copy these materials
unless permission is expressly granted in writing.
Any student involved in academic dishonesty will be
penalized to the full extent, in accordance with published University Rules and
Regulations.
Aggie Honor Code:
The Aggie Honor Code: “An
Aggie does not lie, cheat, or steal or tolerate those who do” is to be
applied by all students.
Upon accepting admission to
http://www/tamu.edu/aggiehonor
You are urged to visit to the above website and carefully read the Honor Council Rules and Procedures. You may address any questions to Dr. Kratchman.
Americans with Disabilities Act (
The Americans with Disabilities
Act (ADA) is a federal anti-discrimination statute that provides comprehensive
civil rights protection for persons with disabilities. Among other things, this legislation requires
that all students with disabilities be guaranteed a learning environment that
provides for reasonable accommodation of their disabilities. If you believe you have a disability
requiring an accommodation, please contact the Department of Student Life,
Services for Students with Disabilities, in Room 126 of the
Building:
The
You can help with another related building issue. During the day, newspapers such as The Battalion are available in the building. Please dispose of them properly when you are finished with them. Blue recycle bins have been placed throughout the first floor for your use. USE THEM!
Hoyle, Joe B, Thomas F. Schaefer, Timothy S. Doupnik, Advanced Accounting, Ninth Edition, McGraw-Hill Irwin, 2009, ISBN: 978-0-07-337945-6
An intermediate accounting text and your class notes to be used as references, if needed.
Business periodicals such as The Wall Street Journal, Business Week, etc. in order to reference current events.
Semester Grade: Points
Examinations 300
Final Examination (Comprehensive) 100
Mystery Paper Project 40
Case Assignments 40
Worksheet Project 20
Total 500
Website:
Check Dr. Kratchman’s website (http://acct.tamu.edu/kratchman) as often as possible for updates and other important information.
1. Accounting Mystery Paper – Each student will write an 8 – 10 page mini-mystery. The paper must be connected, in some way, to at least one of the topics in the Advanced Accounting Course. The connection does not have to be major, but some connection must be there. Indicate the topic on your title page. Murder may or may not be involved. Be sure to proof your paper before turning it in to Dr. Kratchman. About sixty percent of your grade for the project will be based on the clarity of the writing.
2. Case Assignments – Several cases will be given to you by Dr. Kratchman. For each case, you will be required to write a 3 to 4 page paper. The papers should begin with a 1 or 2 paragraph summary of the case. This introduction should constitute no more than half of a page. The remainder of each paper should be used to answer the questions given below. Papers should be double-spaced. Clarity of the writing will count up to fifty percent of the grade for each case.
a. Content of Papers
(1). Brief summary of case – no more than 1 or 2 short paragraphs.
(2). The following questions are to be addressed:
(a). What are the financial accounting issues?
(b). What are the ethical issues? Discuss in depth.
(c). What are the alternative courses of action?
(d). Put yourself into the position of the main character in the case – What would you do? i.e., what course of action should be selected? Why?
If the case does not include any financial accounting issues, simply skip that question.
It is suggested that you divide the papers into separate sections
e.g., - according to the questions shown above.
Creativity is certainly acceptable, but not required.
b. Be
sure to proof read papers before turning them in. Spelling errors will affect your score.
3. Worksheet
Project – Near the end of the semester Dr. Kratchman will give you a
special Excel worksheet assignment to complete.
Providing feedback will be an important part of your assignment. Additional details will be given later in the
session.
1. Read chapters in text prior to the classroom discussion dates. Read over any demonstration problems and handouts prior to class discussions.
2. Complete as many of the exercises and problems at ends of text chapters as possible. Dr. Kratchman will make some suggestions for each chapter.
3. Bring your text to class when requested, so that your instructor may refer to it during class discussions.
Make-up exams will be given only for university-approved excuses. A written explanation must be presented to your instructor in such cases. If necessary, these exams will be available on the Monday afternoon following the regularly scheduled exam.
An incomplete grade (1) is given for coursework deficiency and not for performance deficiency. TAMU’s regulations state:
A temporary grade of “I” (Incomplete) at the end of a semester or summer term indicates that the student (graduate or undergraduate) has completed the course with the exception of a major quiz, final examination, or other work. The instructor shall give this grade only when the deficiency is due to an authorized absence or other cause beyond the control of the student.