Oregon State University

College of Business

BA 211- Financial Accounting

Winter Term 2006

 

Instructor: Li Dang

Office: 422A Bexell Hall

Phone: 541-737-6049

E-mail: li.dang@bus.oregonstate.edu

 

 

Office Hours: Monday, Tuesday, Wednesday 4:00-5:00 or by appointment                     

Required Textbook: Financial Accounting, Harrison and Horngren, 6th Edition, Prentice Hall

Class notes, homework assignments, homework solutions, and other related materials are available on Blackboard.

 

Course Overview:

 

This is an introductory course in financial accounting. The primary objectives of this course are to show students how accounting information helps decision-making and how this information is formed. After this course, students should be able to (1) understand the basic accounting concepts and principles; (2) perform basic accounting procedures underlying an entity’s financial statements; and (3) understand and use financial statements for decision-making.

 

This class will be conducted primarily through lectures.

 

Class Attendance and Preparation

 

Class attendance is essential for success in this course.  In the event you need to miss a class, you must make the necessary arrangements to find out what you have missed.  You might miss the pop quiz if you do not come to a class. No make-up of class quizzes will be allowed. Any students who miss three class quizzes will receive a grade of “F”.

 

Due to the amount of material to be covered, all students are expected to read the chapters to be covered prior to attending class in order to facilitate classroom discussions. Students will be called upon to answer questions during the term.

 

Grading Policy:

 

Grading for this course will be based on homework assignments, pop quizzes, nd 3 examinations. Course grades will be calculated according to the following weights:

 

                                                                      Percent

Homework assignments:                                    10%

Quizzes:                                                              10%

                                                Mid-term Exam#1                                              25%

Mid-term Exam#2                                              25%

Final Exam                                                         30%

                              100%

 

Note: no extra credit opportunities will be given in this class.

 

 

Homework Assignments

 

There will be 7 homework assignments. Each homework assignment will be weighted equally. The purpose of these assignments is to enhance the student’s mastery of the course material and to develop the student’s problem solving skills.  Each student is required to submit his or her own homework assignment solutions.  Due dates of each assignments are specified in the class outline. Homework that is collected in class is due prior to the beginning of class or the moment you enter the classroom. No late assignments will be accepted without the instructor’s approval.

The homework assignments will be reviewed in class. Some randomly selected homework assignments will be graded.

 

Quizzes:

There will be at least six pop quizzes through out the term. The purpose of these quizzes is to encourage you to read the chapters and class notes carefully and be well prepared at any time for a “test”. The quiz with the lowest score will be dropped. Quizzes CANNOT be made-up.

 

Examinations:

 

There will be three in-class, closed book examinations. The first two mid-term exams will consist of a combination of multiple choice questions and problems. The final exam will be comprehensive with approximately 50 multiple choice questions.

 

During exams, students may only use a basic 4 function calculator or a financial calculator which is carried by the OSU Bookstore.  Students will not be permitted to refer to notes or any other materials during the exam.  Sharing of calculators during exams is not permitted.  No programmable calculators, cell phones, head phones or computers may be used during exams.

 

It is the students’ responsibility to schedule arrangements and holiday plans which do not conflict with the scheduled exam dates. In the event that a dire emergency arises which prevents a student from attending a scheduled exam, permission to be excused from the exam must be obtained from the instructor prior to the exam date.  An unexcused absence from an exam will result in a zero for that exam.

 

Important Dates:

Last day to drop a class by web: Friday, January 20

Last Day to Withdraw with a grade of “W”: Friday, February 24

Final Exam: 4:00pm, Wednesday, March 22

 

 

Students with Disabilities: If you have a learning disability that affects your ability to take an exam, and you believe your condition warrants special arrangements, please speak with me by the end of the first week of classes.

 

Academic Dishonesty: According to OSU student conduct regulations, academic dishonesty is defined as an intentional act of deception in which a student seeks to claim credit for the work or effort of another person or uses unauthorized materials or fabricated information in any academic work. All cases of suspected academic dishonesty will be handled in strict accordance with University and College Policy. Please refer to Office of Student Conduct website for more information.

 

 

 

 

 

Tentative Class Schedule

 

Week

Class Meeting

Class Contents

After-class Readings &

Assignments Due Dates

1

Jan. 9

Chapter1: Financial Statements

Read Chapters 1 and 2

 

Jan. 11

Chapter2: Processing Accounting Information

 

 

2

Jan. 16

Martin Luther King, Jr. Day

University Holiday

 

 

Jan. 18

Chapter2: Processing Accounting Information

 

Read Chapter 3

Homework #1 due

3

Jan. 23

Chapter3: Accrual Accounting and the Financial Statements

 

 

 

Jan. 25

Chapter 3 Continued

 

Read Chapter 4

Homework #2 due

4

Jan. 30

Chapter 4: Internal Control and Cash

 

Read Chapter 5

 

 

Feb. 1

Chapter 5: Short-Term Investments and Receivables

Homework #3 due

5

Feb. 6

Mid-term Exam #1

Read Chapter 6

 

Feb. 8

Chapter 6: Merchandise Inventory and Cost of Goods Sold

 

Read Chapter 7

6

Feb. 13

Chapter 7: Plant Assets, Natural Resources, and Intangibles

 

Read Chapter 8

 

 

Feb. 15

Chapter 8: Current and Long-Term Liabilities

 

Homework #4 due

7

Feb. 20

Chapter 8 Continued

Read Chapter 9

 

Feb. 22

Chapter 9: Stockholders’ Equity

 

Homework #5 due

8

Feb. 27

Mid-term Exam #2 (Chapter 6-9)

Read Chapter 11

 

Mar. 1

Chapter 11: Income Statements and the Statement of Stockholders’ Equity

Read Chapter 12

9

Mar. 6

Chapter 12: Statement of Cash Flows

Read Chapter 13

 

Mar. 8

Chapter 13: Financial Statement Analysis for Decision Making

Homework #6 due

10

Mar. 13

Chapter 13 Continued

Homework #7 due

 

Mar. 15

Final Review

 

Final’s Week

Mar. 22

Comprehensive Final Exam

 

 

 

 

 

WARNING:  This syllabus is subject to change at the discretion of the instructor.  It is the student’s responsibility to keep track of all pertinent changes and to advise the instructor of any classes they anticipate missing.