PORTLAND STATE UNIVERSITY

ACCOUNTING 382-- FINANCIAL ACCOUNTING AND REPORTING II

SUMMER 2014

INSTRUCTOR/OFFICE:
Mike Henton
SBA 392

OFFICE HOURS/EMAIL:
By appointment
cf.eye.care@hotmail.com

TEXTBOOKS:
Intermediate Accounting, Kieso & Weygandt, 15th edition, Wiley, 2014 (Required)
COURSE CATALOG DESCRIPTION AND PREREQUISITES:
Comprehensive study of the principles, conventions, and postulates of accounting.
Appropriate preparation of GAAP financial statements and financial disclosures,
including exposure to the judgment inherent in financial reporting. Considers
information requirements and expectations of users of financial statements.
International financial accounting standards will be considered where appropriate.
Specific focus on the responsibility of accountants for maintaining professional
accountability to the public interest in the face of institutional pressures. Actg 381 is
a prerequisite for this course.
COURSE LEARNING OBJECTIVES:
1. Reinforce conceptual foundations and the historical development of financial
accounting and reporting.
2. Learn how to value, measure and report certain assets, liabilities and equity of a
company in accordance with Generally Accepted Accounting Principles and
international standards.
3. Develop and enhance business skills and the ability to confront unstructured
problems through expanded case studies classroom activity and other
assignments.
READING ASSIGNMENTS AND HOMEWORK
Reading assignments should be completed prior to in-class discussion. Exercises,
problems and case studies should be completed prior to the examination date.
Assignments have been chosen to reinforce, apply and integrate the various concepts
presented in the textbook and discussed in class. Homework assignments will not be
collected. However, a few selected assignments may be reviewed in class. The
assignments represent the minimum requirements. You may need to expand the
assignments to fit your individual learning style. The solutions for all exercises,
problems and cases will be available.

EXAMINATIONS:
Two examinations will be given during the term: one midterm exam and a final
exam. The exam format will be a combination of multiple choice, problem solving
and short essays. The specific dates are noted in the class schedule. No alternate
exam times or dates will be available except under extraordinary circumstances. If
you have a conflict with an exam, you should notify me by the first week of class.
Lack of preparation or other class assignments are not acceptable reasons for
rescheduling an exam date. No make-up exams will be given. More weight will be
placed on the final exam.
ACADEMIC HONESTY
The Student Conduct Code, which applies to all students, prohibits all forms of
academic cheating, fraud, and dishonesty. These acts include, but are not limited to,
plagiarism, buying and selling of course assignments and research papers,
performing academic assignments (including examinations) for other persons,
unauthorized disclosure and receipt of academic information and other practices
commonly understood to be academically dishonorable. The code of conduct also
describes standards of behavior for all student members of the campus community.
Violation of the SCC may lead to disciplinary action. Students may obtain copies of
the Student Conduct Code by contacting the campus judicial officer at 503-7254422.

GRADE DETERMINATION
Your course grade will be determined as follows:
Mid-term Examination
Final Examination
Projects/cases/quizzes

Total Points

100
200
100

400

There is no such thing as extra creditdont even ask!

Dates for Quizzes and other assignments will be announced in class at least 1 class
meeting in advance of the due date.
Periodically throughout the term, other required assignments (for no points) will be
given. Completing these assignments is a condition of passing this course. These
assignments will be announced in class and is your responsibility to complete the
tasks in a timely manner.

OTHER
I recommend that you have a business calculator. One of the most popular
calculators is the Texas Instruments BA II Plus. Calculator sharing will not be
allowed during exams. Cell phones, IPODs, personal computers, tablets and other
electronic devices with wireless sharing and/or alphameric storage capability will
not be allowed to be used during examinations.
Access to the FASB Codification is at http:/aaahq.org/ascLogin.cfm. User ID =
AAA51686, password = S47i4id.
INSTRUCTORS COURSE OBJECTIVES
College courses tend to have specifically identified objectives (usually formalized in
the course outline.) These objectives are determined for students by the instructor.
Beyond this, I believe that students should formulate their own objectives for the
course that are unique to their own situation. However, what is good for the student
is also good for the instructor. My objectives, which are consistent with the course
objectives, are as follows:
1. Provide guidance and assistance for students to develop and enhance
essential skills that are useful in finance and accounting. For this purpose a
skill is defined as demonstrated competency in a particular area.
2. Enable students to build a fundamental body of knowledge in financial
accounting and expand your knowledge of business.
3. Accomplish (1) and (2) in the context of a values/standards oriented
framework.
Every teacher should be aware how their words and actions
affect the building of values, skills and knowledge
in their students.

FINALLY
THIS IS A NON CELLULAR CLASSROOM!!!!

PLEASE!!!!!