Spring2016CourseSyllabus.pdfVIP

Spring 2016 Course Syllabus Course Number: BA 300B II Course Title: Financial Accounting Foundations Credit: 3 units (45 hours of lecture) Day and Time: Wed 12:30pm to 3:15pm Office Hours: Wed 11:45am to 12:30pm or By appointment Instructor: Prof. Albert Loh Course Materials Textbook: Financial Accounting, by Harrison, Horngren Thomas, 10th edition (January 2016). ISBN-10: 0133427536; ISBN-13: 978-0133427530. Tools: A basic calculator is required. Other mobile device calculator (e.g. smart phone, tablet, etc.) will not be allowed. Supplemental materials (such as periodical, article, or case study) will be provided in class. Course Description The course is an intensive study of the fundamental areas of accounting. It begins with examinations of basic accounting theory and procedures, proceeds to the application of these concepts, and includes planning of profits, costs, and financial control. Credit: 3 units (45 hours of lecture). Learning Objectives Financial accounting is a foundation course that deals with collection, organization, classification, and compilation of financial information to support decision-making. The accounting process begins with an analysis of business transactions, and continues by recording changes in five types of accounts (assets, liabilities, equity, revenue or expenses). The preparation of financial statements is an integral part of this course. The interpretation of these statements will also be discussed. At the end of the course, you should be able to record accounting transactions, demonstrate an understanding of the elements of financial statements and the challenges of measurement issues, and communicate operational results and financial conditions of an enterprise in GAAP language. Instructional Methodology The course will be conducted in the form of lectures and discussions on each topic shown in the class schedule below. Course Requirements and Evaluation Whi