ACC 211

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COURSE SYLLABUS

1.	TITLE OF COURSE:	INTERMEDIATE ACCOUNTING
	PREFIX/NUMBER:	ACC 211	CREDIT HOURS:	4
2.	PREREQUISITE:	ACC 122

3.	RESOURCES NEEDED:
	TEXT:	Intermediate Accounting, 5^th Edition; Spiceland, Sepe, Nelson & Tomassini
	SUPPLIES:	Notebook, pencils, and calculator.
4.	COURSE DESCRIPTION:	This course is a study of the conceptual framework of financial accounting and advance theory and practice applicable to the following major topics: financial accounting functions and basic theory; time and value of money; current assets, current liabilities; and operational assets
5.	COURSE GOAL:	To demonstrate both the ability to do accounting and to understand and critically evaluate accounting.

6.	COURSE OBJECTIVES: After completing the reading assignments, questions, cases, exercises, and problems, the student should be able to
	By the end of the course, students will
	(A)	Explain the nature and content of financial accounting and reporting
	(B)	Understand the organization, structure, and standard-setting process of the FASB
	(C)	Recognize the limits of financial accounting and reporting.
	(D)	Appreciate the issues confronting the FASB in its attempt to develop a format for reporting earnings activities
	(E)	Understand the nature and limitations of the balance sheet, statement of cash flows, and statement of income and retained earnings.
	(F)	Understand the concept and computation of future value and present value
	(G)	Understand the nature, management, and control of cash

7.	EVALUATION PROCEDURES:
			Attendance and Participation	10%
			Assignments, Quizzes, Projects, & Presentations	15%
			Tests (minimum of 4)	75%
			Grading Scale Raw Score Range	Letter Grade
			90 to 100	A
			80 to 89	B
			70 to 79	C
			60 to 69	D
			0 to 59	F

Special Remarks:
1.	Attendance: College policy states that students may be dropped from enrollment when absent 20% of the scheduled class meetings. If enrolled from the beginning of the term, 15 hours will usually constitute 20% of a four-credit semester course which meets five hours per week. Reinstatement procedures are described in the PCC catalog.
2.	Tardy Policy: A student who is late three times (enters classroom after the instructor has taken roll) will be charged with one full absence unless the student can provide valid reasons for one or more of these tardies.
3.	Assignments/Missed Exams: It is the student's responsibility, whether present or absent, to obtain all material presented and to complete all course assignments. If prior arrangements are made or extenuating circumstances exist, makeup of tests may be allowed. Late homework papers will not be accepted unless those same extenuating circumstances exist. Makeup of quizzes is to be at the instructor's discretion.

8.	COURSE OUTLINE
	Tentative Schedule
	I.	Introduction	1 hour
	II.	Section 1 Chapter 1: Environmental and Theoretical Structure of Financial Accounting	3 hours
	III.	Chapter 2: Review of the Accounting Process	5 hours
	IV.	Chapter 3: The Balance Sheet and Financial Disclosures	5 hours
		Test on Chapters 1-3	1 hour
	V.	Chapter 4: The Income Statement and Statement of Cash Flows	5 hours
	VI.	Chapter 5: Income Measurement and Profitability Analysis	5 hours
		Test on Chapters 4-5	1 hour
	VII.	Chapter 6: Time Value of Money Concepts	5 hours
	VIII	Section 2 – Economic Resources Chapter 7: Cash and Receivables	5 hours
		Test on Chapters 6 and 7	1 hour
	IX.	Chapter 8: Inventories: Measurement	6 hours
	X.	Chapter 9: Inventories: Additional Topics	5 hours
		Test on Chapters 8 and 9
	XI.	Chapter 10: Operational Assets: Acquisition and Disposition	5 hours
	XII.	Chapter 11: Operational Assets: Utilization and Impairment	5 hours
		Test on Chapters 10 & 11

9.	LECTURE NOTES:
10.	METHODS OF INSTRUCTION:
	To be successful in this course, students are expected to participate in discussions, readings, in-class writing, and peer review activities. The instructor may assign point values to such activities.
11.	ACADEMIC INTEGRITY:
	The very nature of higher education requires that students adhere to accepted standards of academic integrity. Therefore, Pueblo Community College has adopted a policy of academic conduct as described in the Student Handbook. Violation of academic integrity may be defined to include the following: cheating, plagiarism, falsification and fabrication, abuse of academic materials, complicity in academic dishonesty, and personal misrepresentation. It is the student’s responsibility to be aware of the behaviors that constitute academic dishonesty. Sanctions for violating the standards of academic integrity may include warning, probation, suspension, and/or failure of the course or assignment at the discretion of the instructor.
12.	ADA NOTICE:
	Students who have a documented disability may be eligible to receive accommodations for this class. Please contact the Disability Resources Center at 549-3446 for further information.