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Intermediate Accounting II - Reinforcing Skills, Researching Issues, and Problem Solving

This course aims to reinforce skills introduced in Accounting 350, research accounting issues, think critically about accounting alternatives, and apply insight gained to practical problems. Students will master conceptual and technical aspects of GAAP and practice problem-solving skills.

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Intermediate Accounting II - Reinforcing Skills, Researching Issues, and Problem Solving

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  1. ACCOUNTING 351 Intermediate Accounting II Instructor Heidemarie Lundblad, PhD Office: BB 3218 Email: heidemarie.lundblad@csun.edu Web Page: http://www.csun.edu/~hfact004 Office Phone: 818-677-2440  Office Hours: T 16:45 - 17:45pm; 21:30 (as needed in 1202); TH 13:00 – 13:45pm and by appointment  Email/HyperNews “office hours”: M, W: 8 -9 pm (or next morning early!). 11/16/2019

  2. Meet the Firms’ Night Tuesday, February 10th Odyssee Restaurant Doors open at 5:30 pm, start: 6 pm Buy tickets at AA table in front of JH 1117 11/16/2019

  3. Application for Accounting Major Download from the Department webpage: (the form will be available shortly!) Complete Application Submit in class or in the Department office check for due date 11/16/2019

  4. COURSE - OBJECTIVE: Reinforce skills introduced in 350 Research accounting issues. Think critically about accounting alternatives Apply insight gained to practical problems Master conceptual and technical aspects of GAAP. Practice problem solving skills. Structured Unstructured Reinforce and Practice communication skills taught in Acct. 351com. 11/16/2019

  5. Methods of Instruction  Active Learning  Preparedness is key  E.g., Double entry journals  WebCT quizzes  Approaches in class  Students present homework (cases)  Brief lecture followed by teams working related problem  Discussion of news topics, quizzes, etc.  I will call on you (using a random number approach!)  Warning: This class is very time intensive!! Expect to spend about 12 hours out of class preparing each week. 11/16/2019

  6. How to Survive and Succeed 1. Read the “Success Guide” 2. Prepare “Time Budget” 3. Course Sequence to Graduation 4. Make appointment to meet with me 5. Bring Time Budget, Course Sequence to your meeting. 11/16/2019

  7. Communication Assignments Objective: critically evaluate and research accounting issues and communicate the results in a professional manner One group “mini-case” Research questions Three individual cases 11/16/2019

  8. Communication Assignments are  Joint assignments with Accounting 351com.  Graded For technical content in Acct 351 according to the grading rubric and  Graded for Communication skills in Acct 351com  Submitted on due dates: one copy with attached grading rubric in 351; one copy in 351com 11/16/2019

  9. Text and Materials Spiceland, Sepe, Nelson, Tomassini: Intermediate Accounting, 5th edition FASB, Financial Accounting Research System (CD Rom) Materials posted on my Web page: http://www.csun.edu/~hfact004 11/16/2019

  10. Grading Three Exams WebCT quizzes Communication assignments Total points 350 40 110 500 11/16/2019

  11. The Web Page: http://www.csun.edu~hfact004 Gateway to all course materials, e.g.: syllabus, class schedule – Examples, solutions, news Links to related and required sites  WebCt 11/16/2019

  12. WebCt: https://webteach.csun.edu Quizzes Calendar 11/16/2019

  13. Double Entry Journals Purpose: Help you focus on important topics Provide opportunity to write Prepare for lecture 11/16/2019

  14. Double Entry Journals Content Questions Homework assignments Format Usage 11/16/2019

  15. Important Department Policy Reminder I A grade of “C” or higher in each upper division business and accounting course is required to graduate with a BS in Accountancy. 11/16/2019

  16. Department Policy Reminder II If you earn less than a “C”, you may repeat the course only once and only if a seat is available. There is no guarantee that a student will be able to repeat a class in the semester desired. State and local fire codes prevent classes from exceeding room capacity. You must have an assigned seat with desk space (i.e., no students may sit on the floor or in an empty chair) 11/16/2019

  17. Important College Policy Reminder The College is strictly enforcing the following requirement: No business, accounting, or IS major may be enrolled in a 400-level course without having first passed BUS 301 or BUS 302/302L. See the department web page for information about the lab requirement. 11/16/2019

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