Course Code: FINC605 Course ID: 2764 Credit Hours: 3 Level: Graduate
This course examines the nature of accounting theory and practice, procedures, and preparation and interpretation of financial statements. The various uses of accounting information in decision-making, accounting issues concerning income and cash flows, economic resources and capital will be discussed. Students must have access to Microsoft Word and Microsoft Excel software. This course requires the student to purchase additional materials. Please refer to the Course Materials section for additional details on materials and pricing or contact email@example.com.
After successfully completing this course, you will be able to:
- CO1. Examine the manner in which a modern company analyzes its financial statements.
- CO2. Differentiate between single-‐step and multiple-‐step income statements.
- CO3. Evaluate best practices when managing and auditing financial statements.
- CO4. Justify the benefits gained from accrual accounting for performance evaluation.
- CO5. Analyze the transactions involving current and long-‐term assets in financial statements.
- CO6. Assess the importance of internal control and utilization of Sarbanes-‐Oxley.
- CO7. Integrate ratio analysis to analyze and interpret financial statements.
- CO8. Assess the transactions involving the statement of stockholders’ equity in the statement of cash flows.
- CO9. Deconstruct the use of operating, investing, and financing activities to analyze a company.
- CO10. Evaluate the differences between U.S. generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS).
Method of Assessment
A. Tests & Paper
There will be two (2) tests in the course, a midterm and a final given in modules four and eight respectively. The tests in this class will consist of multiple choice questions and/or short answer problems. Tests will be three hours long and focus on the material covered in the course. It is the student’s responsibility to notify the instructor regarding any schedule changes or non- disability related accommodations. The course will have a comprehensive paper that will measure student understanding of the course objectives along with research and writing skills. Please refer to the APA Manual 6th edition for the format of the paper.
Course assignments will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.). These assignments will be a series of quizzes consisting of exercises, problems, and simulations. Assignments will have a specific due date with specific instructions. Late assignments will be subject to the university’s Late Work/Make-up Policy detailed in the student handbook. Please be advised the instructor reserves the right to implement their own late assignment policy.
Throughout the term, homework will be given in several modules to test student understanding of the material. Homework will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.) and consist of questions, problems, or simulations. Please be advised the instructor reserves the right to implement their own late assignment policy.
D. Discussion Forums:
Participation in the discussion forums is an essential component of the final grade. All students are expected to engage in lively discussions and answer instructor follow-up questions. The quality of participations along with student netiquette will be a part of the grade.
Assessment of the Course Objectives
1 - 10
Test question, paper, assignment, discussion, and homework
The following distribution will be used in assigning grades (decimal points will be rounded to the nearest whole number at semester’s end).
Quality Points/Grading Percent
4.0/ 100 – 94
3.67/ 93 – 90
3.33/ 89 – 87
3.0/ 86 – 84
2.67/ 83 –80
2.33/ 79 – 75
0.0/ 74 – 0
|Weekly Forums||10.00 %|
|Week 4 Forum||5.00 %|
|Week 8 Forum||5.00 %|
|Homework 1 - Chapter 1||1.67 %|
|Homework 1 - Chapter 2||1.67 %|
|Homework 2 - Chapter 3||1.67 %|
|Homework 2 - Chapter 4||1.67 %|
|Homework 3 - Chapter 5||1.67 %|
|Homework 3 - Chapter 6||1.67 %|
|Homework 4 - Chapter 7||1.67 %|
|Homework 5 - Chapter 8||1.67 %|
|Homework 5 - Chapter 9||1.67 %|
|Homework 6 - Chapter 10||1.67 %|
|Homework 7 - Chapter 11||1.67 %|
|Homework 7 - Chapter 12||1.67 %|
|Week 1 Quiz - Chapter 1||2.73 %|
|Week 1 Quiz - Chapter 2||2.73 %|
|Week 2 Quiz - Chapter 3||2.73 %|
|Week 2 Quiz - Chapter 4||2.73 %|
|Week 3 Assignment - Decision Case||2.73 %|
|Week 5 Quiz - Chapter 8||2.73 %|
|Week 5 Quiz - Chapter 9||2.73 %|
|Week 6 Quiz - Chapter 10||2.73 %|
|Week 7 Quiz - Chapter 11||2.73 %|
|Week 7 Quiz - Chapter 12||2.73 %|
|Week 8 Assignment - Case Study||2.73 %|
|Final Exam||20.00 %|
Websites and Videos
In addition to the required course texts, the following public domain Websites are useful. Please abide by the university’s academic honesty policy when using Internet sources. Note website addresses are subject to change.
- Textbook Companion Website
- American Psychological Association (APA) Style Website
- Purdue Online Writing Lab
- Turnitin Website
|Book Title:||Financial Accounting Plus MyAccountingLab with Pearson eText -Access Card Pkg., 11th ed.|
|Author:||Harrison, Horngren, Thomas and Tietz|
|Electronic Unit Cost:||$45.00|
|Book Title:||If you purchase the standalone hard copy or ebook, you can purchase the lab access through the MyLabsPlus tab in the classroom once your session begins. Also note, if you purchase a used or rental copy from any vendor, the lab code may not be included.|
|Electronic Unit Cost:||$48.60|
Not current for future courses.