Advanced Accounting_en
Syllabus
Advanced Accounting ACCT3332
Spring 2011
Text:
Debra C. Jeter, Paul K. Chaney, ADVANCED ACCOUNTING, John Wiley & Sons, Inc., New York, NY, USA, 3rd. Edition, 2008.
TextSite: http://bcs.wiley.com/he-bcs/Books?action=index&itemId=0470087366&bcsId=3799
Class:
Male: Mon. 14:00–15:00, Tue. 10:00-11:00, Sat. 10:00-11:00, Rm.: K3-106
Female: Mon. 14:00–15:00, Tue. 10:00-11:00, Sat. 10:00-11:00, Rm.: K3-106
Instructor:
eMad eBrahem AbuShaaban
MSA, Master of Science in Accounting /USA
MMD, Master in Management Development /SPAIN
Dissertation Phase, Ph. D in Accounting /EGYPT
Office Hours: Sun. 11:00–12:00, 13:00-14:00, Thu. 12:00-14:00
By Appointment, Cellular: (059) 9 885 448
Email: emad.abushaaban@gmail.com
Website: http://sites.google.com/site/emadabushaaban/home
Objective:
This course introduces to business combinations and the conceptual framework, it explains accounting for business combination, it discusses consolidated financial statements-date of acquisition, and consolidated financial statements-after acquisition, it covers allocation and depreciation of differences between implied and book values, it explains elimination of unrealized profit on inter-company sales of inventory, it illustrates partnership Formation, Operation, and Ownership Changes, Finally, it Explains Partnership Liquidation process.
Grading Scale:
Assignment 10%, Participation in Class 10%, Midterm 10%, and Final Exam 50%.
Examination questions are tested for validity. If 60% or more of those who respond to a question give an incorrect answer, that question (or part of a question) will be invalidated and the basis of the examination adjusted; equivalent extra credit is added to the score of those students who answer the question correctly.
Assignment:
For full credit, assignments must be submitted at the beginning of class on the date due. Late assignments are accepted until (1) they are discussed in class or (2) the start of class on Jun. 14. Grades on assignments are reduced proportionate to the extent that they are late.
Class Format:
Lecture, class discussion, solving problems, term papers presentation.
Groups:
Group study and discussion outside of class is encouraged. Group work on assigned exercises and problems from the text is acceptable only if each student submits his or her own copy of the assignment (reproductions are not acceptable). The assignments must be the work of each individual student.
Assignments & Projects: All Assignment are due within 2 weeks after ending chapter.
Calendar/
Week #: 1
Chapter 1: Introduction to Business Combination and the Conceptual Framework
Presentations:
1. Opening Chapter, pp1
2. In The News Harvesting
3. Business Combinations: Historical Perspective, pp10
4. Excess Earnings Approach to Estimating Goodwill, pp22
5. Link The Conceptual Framework to Advanced Accounting Issues, pp32
6. Distinguishing Between Earnings and Comprehensive Income, pp32
Assignments:
1. Q1, Q3, Q5, Q7, Q9, Q11, Q13, Q15
2. Business Ethics
3. E1-1, E1-3
4. P1-1, P1-2, P1-3, P1-4
Week #: 2
Chapter 2: Accounting for Business Combinations
Presentations:
1. In The News Harvesting
Assignments:
1. Q1, Q3, Q5
2. Business Ethics
3. E2-1, E2-3, E2-5, E2-7, E2-9, E2-11, E2-13
4. P2-1, P2-3, P2-5, P2-7
Week #: 3
Wrap-up and Assignment Solving
Week #: 4
Chapter 3: Consolidated Financial Statements-Date of Acquisition
Presentations:
1. In The News Harvesting
Assignments:
1. Q1, Q3, Q5, Q7, Q9
2. Business Ethics
3. E3-1, E3-3, E3-5, E3-7, E3-9, E3-11
4. P3-1, P3-3, P3-5, P3-7, P3-9
Week #: 5
Wrap-up and Assignment Solving
Week #: 6
MID-Exam
Week #: 7
Chapter 4: Consolidated Financial Statements-After Acquisition
Presentations:
1. In The News Harvesting
Assignments:
1. Q1, Q3, Q5, Q7, Q9, Q11, Q13, Q15
2. Business Ethics
3. E4-1, E4-3, E4-5, E4-7, E4-9, E4-11, E4-13, E4-15
4. P4-1, P4-3, P4-5, P4-7, P4-9, P4-11, P4-13, P4-15, P4-17, p4-19
Week #: 8
Wrap-up and Assignment Solving
Week #: 9
Chapter 5: Allocation and Depreciation of Differences Between Implied and Book Value
Presentations:
1. In The News Harvesting
Assignments:
1. Q1, Q3, Q5, Q7, Q9, Q11, Q13, Q15
2. Business Ethics
3. E5-1, E5-3, E5-5, E5-7, E5-9, E5-11, E5-13, E5-15
4. P5-1, P5-3, P5-5, P5-7, P5-9, P5-11, P5-13, P5-15, 5-P17
Week #: 10
Wrap-up and Assignment Solving
Week #: 11
Chapter 6: Elimination of Unrealized Profit on Intercompany Sales of Inventory
Presentations:
1. In The News Harvesting
Assignments:
1. Q1, Q3, Q5, Q7, Q9
2. Business Ethics
3. E6-1, E6-3, E6-5, E6-7, E6-9
4. P6-1, P6-3, P6-5, P6-7, P6-9, P6-11, P6-13, P6-15, P6-17
Week #: 12
Wrap-up and Assignment Solving
Week #: 13
Chapter 15: Partnership: Formation, Operation, and Ownership Changes
Presentations:
1. In The News Harvesting
2. Exposure Draft Outstanding
Assignments:
1. Q1, Q3, Q5, Q7, Q9, Q11
2. E15-1, E15-3, E15-5, E15-7, E15-9, E15-11
3. P15-2, P15-3, P15-5, P15-7, P15-9
Week #: 14
Wrap-up and Assignment Solving
Week #: 15
Chapter 16: Partnership Liquidation
Presentations:
1. In The News Harvesting
Assignments:
1. Q1, Q3, Q5, Q7, Q9, Q11, Q13
2. E16-1, E16-3, E16-5, E16-7, E16-9
3. P16-1, P16-3, P16-5, P16-7
Week #: 16
Final Exam
Last date for … Late Assignments
GOOD LUCK