Intermediate Accounting II

Student Learning Outcomes, Goals, Objectives:

Students successfully completing this course will be able to:

• Examine the role and importance of the financial reporting function in society.
• Demonstrate an understanding of the theory and practice underlying the preparation and presentation of financial information in accordance with United States GAAP and significant similarities and differences with IFRS.
• Apply theory underlying the conceptual framework developed by the FASB and the guidance it provides in developing and implementing accounting standards.
• Examine and apply critical thinking skills to judgment decisions in financial accounting.
• Examine ethical issues inherent in financial accounting and reporting.
• Examine the limitations of financial statements in meeting corporate social responsibilities.
• Apply course concepts in homework assignments, quizzes, and exams.

Course Grading Information:

Activity/Performance Measure	Percentage/Points
Homework Assignments	20%
Data Analytic project	5%
Midterm Exam 1 Covering Chapter 14, 15, &16	20%
Midterm Exam 2 Covering Chapter 17, 18, &19	20%
Final Examination Covering Chapter 14 to Chapter 22	35%
Practice tests (not counted in final grading)	0%

The Undergraduate grading scale is as follows:

Grading Scale

Percentage	Letter Grade
95 and above	A
90-94.99	A-
88-89.99	B+
84-87.99	B
80-83.99	B-
78-79.99	C+
74-77.99	C
70-73.99	C-
68-69.99	D+
64-67.99	D
60-63.99	D-
59.99 and below	F

Attendance/Participation:

This is a web-based course, so no in-person classroom attendance is required. Students can flexibly arrange the study time, but students must finish the requirements on Canvas/Page listed for each week before the due dates.

Reading notes and watching videos are the most important parts to understand the knowledge. Although these two activities are not done in a physical classroom, it does NOT mean they are optional. Instead, they are the basic and key requirements to learn accounting knowledge. Failing to study the notes and watch videos will be like absence from a class and result in getting confused and lost in this class, and highly possibly failing the class.

No late work is accepted under any circumstance.

Course Materials Purchased by the Students:

• Intermediate Accounting, 3e by Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella (Textbook)
• MyLab Accounting (MyLab) access linked with Canvas; required for all homework assignments and exams; part of an inclusive access model called First Day® with discounted digital materials billed as a course charge; students may opt-out but materials are required to complete the course.

Reliable computer with camera for exam monitoring (a tablet/phone will not be sufficient)

Reliable, high-speed internet connection

Access to Excel

Basic calculator

Note taking paper/device/pen/pencil