THE UNIVERSITY OF TEXAS AT DALLAS

AIM 3332 – Intermediate Financial Accounting II

Spring 2006
Section 001 – Wednesdays – 4:00p.m. – 6:45p.m. – SOM 2.904

Instructor: Tiffany Bortz, CPA

Office: SOM 4.223
Phone: 972-883-4774
Email: tabortz@utdallas.edu
Office Hours: Tuesdays from 2:00p.m. to 4:00p.m.
Wednesdays from 3:00p.m. to 4:00p.m.

Course Description:

This course is a continuation of topics in external financial reporting, including: issues related to the
measurement and reporting of current liabilities and contingencies, bonds, leases, deferred taxes, pensions,
stock-based compensation plans, shareholders equity, earnings per share, accounting changes, and cash
flows. Current generally accepted accounting principles for financial reporting are analyzed as is their effect
on the presentation of financial results by corporations and other entities. Additionally, the “full disclosure
principle” for external financial reporting is examined.

Learning Objectives:

This course has four primary objectives:

(1) Continue to discuss financial accounting principles
(2) Continue to identify reporting requirements for corporate entities
(3) Continue to develop the skills to prepare financial statements in accordance with US GAAP
(4) Continue to identify the economic and social consequences of financial reporting

Course Prerequisite:

AIM 3331 – Intermediate Financial Accounting I

Course Materials:

Textbook: The textbook for this course has been customized from Intermediate Accounting,
Eleventh Edition, Volume 2 by Kieso, Weygandt & Warfield

Publisher: John Wiley & Sons, Inc.

ISBN #: 0-471-75356-4

Calculator: Only basic function calculators that cannot store formulas are allowed.

Attendance:

It is critical to your success that you attend each class and take notes during the lectures. You should come to
class prepared, which means that you should have read the assigned material prior to attending class. This
will enhance your understanding of the material discussed in class. Office hours are not a substitute for
 THE UNIVERSITY OF TEXAS AT DALLAS
AIM 3332 – Intermediate Financial Accounting II
Spring 2006
Section 001 – Wednesdays – 4:00p.m. – 6:45p.m. – SOM 2.904

Homework:

I have suggested exercises and/or problems to be worked for each chapter. While there will be no points
allocated to homework, there is a direct correlation between working problems and performing successfully on
examinations. It is your responsibility to ask for help when you feel you need it. You are encouraged to ask
questions.

Solutions to the suggested exercises and/or problems are posted on WebCT.

Exams:

There will be three examinations in this course. These examinations are not cumulative, and the format
of each exam will be a combination of multiple choice questions and problems. You will need an 882
Scantron for each exam.

Makeup exams are given only for excused absences, which must be determined prior to the exam. Excused
absences may be given for verifiable medical or family emergencies. Written documentation must be
provided to qualify for an “excused absence”. Students who do not show up for an exam without making
arrangements with me prior to the exam will receive a zero. I do not guarantee that the level of difficulty of the
makeup exam will be comparable to the exam given at the scheduled time. I will determine the date and time
of the makeup exam, and you must make arrangements to take it at that time.

Grades:

Your final grade in this course will be determined as follows:

Examination 1…………………… 100 points

Examination 2…………………… 100 points
Examination 3…………………… 100 points

TOTAL 300 points

Translation of the total score into a letter grade will be based on the instructor’s judgment. The letter
grade will reflect each student’s performance relative to the class and standards expected of
undergraduate students.
 THE UNIVERSITY OF TEXAS AT DALLAS
AIM 3332 – Intermediate Financial Accounting II
Spring 2006
Section 001 – Wednesdays – 4:00p.m. – 6:45p.m. – SOM 2.904

Academic Dishonesty:

Students are expected to be above reproach in all scholastic activities. Students who engage in academic
dishonesty are subject to disciplinary penalties, including the possibility of failure in the course and dismissal
from the university. “Scholastic dishonesty includes, but is not limited to cheating, plagiarism, collusion, the
submission for credit of any work or materials that are attributable in whole or in part to another person, taking
an examination for another person, any act designed to give unfair advantage to a student or the attempt to
commit such acts.” Regents’ Rules and Regulations, Part One, Chapter VI, Section 3, Subsection 3.2,
Subdivision 3.22. Since such dishonesty harms the individual, all students and the University, policies on
scholastic dishonesty will be strictly enforced.

Please be aware of the general guidelines listed below:

• All academic exercises require individual, independent work.

• Complete academic exercises on time and in the required format (hardcopy, electronic, etc.).
• Retain confirmation of document delivery if submitted electronically.

Please be aware of the following guidelines related to examinations:

• You may be asked to leave all personal belonging at the front of the room (this includes cell phones).
• You may be asked to present your UTD Comet Card.
• You may be asked to remove your hat.
• You may be asked to change seating before or during the examination.
• You must ask permission for any lavatory use during the examination.
 AIM 3332 – COURSE OUTLINE

WK DATE TOPIC CH EXERCISES & PROBLEMS

1 1/11/06 Course Introduction

2 1/18/06 Current Liabilities & Contingencies 13 E13-3, E13-5, E13-10, E13-12, E13-13,
E13-16, P13-2, P13-7, P13-8, P13-10

3 1/25/06 Long-Term Liabilities 14 E14-4, E14-5, E14-8, E14-9, E14-10,

E14-13, E14-14, E14-19, P14-1, P14-2

4 2/1/06 Accounting for Leases 21 E21-1, E21-3, E21-6, E21-12, E21-13,

--Skip Pages 1104 – 1109 E21-15, P21-3, P21-7, P21-8
--Include Appendix 21B

5 2/8/06 EXAMINATION 1

6 2/15/06 Accounting for Pensions ^ 20 E20-1, E20-2, E20-6, E20-8, E20-9,

E20-11, E20-12, E20-13, E20-16, P20-4

7 2/22/06 Stockholders’ Equity ^ 15 E15-2, E15-6, E15-7, E15-9, E15-11,

E15-14, E15-15, E15-16, P15-2, P15-8

8 3/1/06 Dilutive Securities and 16 E16-3, E16-4, E16-8, E16-9, E16-11,

Earnings per Share ^ E16-12, E16-14, E16-16, E16-18,
--Include Appendix 16A E16-25, E16-27, E16-28

9 3/8/06 SPRING BREAK

10 3/15/06 EXAMINATION 2

11 3/22/06 Accounting for Income Taxes 19 E19-2, E19-4, E19-6, E19-8, E19-10,
E19-11, E19-12, E19-14, E19-18,
E19-25, P19-4

12 3/29/06 Accounting Changes and 22 E22-1, E22-2, E22-3, E22-4, E22-5,

Error Analysis ^ * E22-10, E22-13, E22-14, P22-3

13 4/5/06 Statement of Cash Flows 23 E23-1, E23-2, E23-3, E23-6, E23-8,

--Skip Pages 1220 – 1225 E23-10, E23-11, E23-14, E23-15, E23-18
--Skip Pages 1233 – 1242

14 4/12/06 Full Disclosure in 24 E24-1, E24-2, E24-3

Financial Reporting

15 4/19/06 EXAMINATION 3

^ Please refer to the revised text in the 2005 FASB Update for the applicable sections of these chapters.
* Please use the “updated exercises” in the 2005 FASB Update for selected suggested exercises.