ACCT3003 Intermediate Accounting I , Moore, Fall  2009

Up CLASS POLICIES Basic Acct Tutorial

Office:  BU303   Phone: 870-972-3038  Normal Office Hours: Mon 1-4; Tues/Thurs 10-11 ; 3:30-4:30; Wed 10-11; 1-2; 
Blackboard:  http://blackboard.astate.edu/             Email: Lmoore@astate.edu
Address:  P. O. Box 550, State University, AR  72467-0550 Class Website:  www.clt.astate.edu/LMOORE

TEXT AND OTHER REQUIRED CLASS MATERIALS:  (1) Text:  Intermediate Accounting, 5th edition,  Spiceland, Sepe, Nelson & Tomassini,  IRWIN: McGRAW-HILL, 2009. FYI: This text covers the full Intermediate I, II, and III sequence.  2) Supplement:  Notes, key points from class lectures, and supplemental exercises from local copy shop as announced at first class.

Date Topic Assignments DUE on this date unless otherwise indicated
 Aug 25  INTRODUCTION TO THE COURSE - SETTING EXPECTATIONS - REVIEW ACCOUNTING PROCESS  
Aug 27 CH 2 Basic Accounting Processes - basic entries E2-2; E2-4 ;
Sep 1 CH 2 Adjusting and Closing Process E2-8; E2-11; E2-15
Sep 3 CH 2 Adjusting, Closing, and Worksheet Processes P2-3; P2-5;P2-7
Sep 8 CH 3 The Balance Sheet Computerized Worksheet and other requirements for P2-13; also E3-2and E3-3
Sep 10 CH 3 Continued; Supplement Issues Ex3-5,7,8
Sep 15 CH 3 Continued; More on Stockholders' Equity P3-8; P3-9
Sep 17 EXAM CH 2 and 3 (100 pts)  
Sep 22 CH 1 Accounting Standard Setting  & Theory Framework  E1-3,4,5,6   
Sep 24 CH 1 Accounting Theory Continued  E1-6,8,10; Research Case 1-2 p. 44 using Internet.
Sep 29 CH 1 Accounting Theory Continued Judgment Cases 1-12,13, 14, 15 pp. 46-48
Oct 1 EXAM CHAPTERS 1, 2, 3 (100 pts)  
Oct 6 CH 4 Income Statement /Basic Statements Ex4-1,2  part 2 only for both; 
Oct 7 CH 4 Income Statement / Comprehensive Income E4-4; P4-1;P4-8
Oct 13 CH4 Statement of Cash Flows Judgment Cases 4-9, 10,12 pp 220-221.
Oct 15 CH4 Accounting Changes & Statement of Cash Flows; Begin CH6 E4-9, E4-10 E4-14, E4-15
Oct 20 CH6 Time Value of Money Concepts  Questions 7,8,10,11,13 E6-4; P6-2
Oct 22 CH6 Continued  Ex. 6-15; P6-3; P6-15
Oct 27 EXAM CHAPTERS 4 & 6 (100 pts)  
Oct 29  CH7 Cash and Receivables E7-3,4,5  (E7-1,2 together in class?) 
Nov 3 CH7 Continued Ex 7-22, 23, 25, P7-1
Nov 5 CH7 Continued / Begin Discussing CH8? P7-13, Ethics Case 7-4; Judgment Case 7-5
Nov 10 CH8  Inventory Basic Entries/ Counting & Flow Issues Ex8-1,2
Nov 12 CH8 DVLIFO P8-3; Ex8-10,12
Nov 17 CH8 DVLIFO Cont.  /CH9 Discuss LCM P8-13; P8-14;
Nov 19 CH 9 Continue LCM, Discuss Retail Method E9-1,4;  (Do P9-2, part 2 together in class?)
Nov 23-27 Fall Break
Dec 1 CH9 Continue Retail Method, Discuss Gross Profit Method P9-4 Part 2 only, P9-6 Part 1 only
Dec 3 EXAM CHAPTERS 7, 8, and 9 (100 pts)  
FINALS Comprehensive EXAM --  Financial Statements, Accounts and Processes & Theory  -- (100 pts); Study guide will  be provided for comprehensive portion.

 12:30 Class exam scheduled for Tuesday 12/15 at 12:30-2:30; 2pm Class exam scheduled for Thursday 12/10 12:30-2:30