Accounting 500
Advanced Accounting Theory and Practice
Tentative Course Outline
Students are responsible for reading the web information page  and appropriate link(s) for each topic prior to each class meeting.


Instructor: Dr. Hall
Fall, 2001
Meeting
Number
Date  Topic 
Case Assginment
1 Aug 21
Orientation
 
2   23 The Accounting System and Financial Statement Preparation Smith & Son Printing, Inc.
 (ignore the investment tax credit)
  28 Revenue and expense recognition
Reviewed Construction accounting
Cajun Contruction Company (Team #1)
Candela Laser Corporation (Team #2)
4   30 "slack day"  Discussed Warnaco Group Inc. case in class
Assigned US Home & Garden case-Due October 2.
     
Asset Valuation
 
5 Sept 4 Trade receivables
(finished Traditional Industries) -Compute selected ratios and prepare common szie income statements for 9/06.
Reviewed Installment basis of revenue recognition
Traditional Industries (we'll start with this one)
The Regina Company(A) discussion at next meeting.
  (everybody responsible for both cases!)
6   6 Investments: Marketable securities
finished The Regina Company (A)
The Regina Company(A)
7   11 Investments: Marketable securities
Inventories
Wachovia Corporation--Will dicuss in class
Kent-Ravenna Distributors, Inc.
finished K-R-
8   13 Inventories
Noncurrent assets
Tonka Corporation-Hasbro, Inc.
Next time: Discuss the advantages/disadvantages of LIFO
9  
18
Noncurrent assets: 
Development stage companies
"slack day"
 Chambers Development Company, Inc
     
Equity Valuation
 
10   20 Liability Valuation: Bonds R. J. Miller, Inc.
Three Faces of Early Debt Retirmnt
11   25 Pensions
reviewed basics of tax allocation
 Golden Stag Company
12   27 Deferred Income Taxes  Magic Knife Corporation (A)(use FAS No. 109)
13  Oct
2
"slack day" US Home & Garden case due:
Be sure to consult this link for guidance
14   9 Executory Contracts  The Case of the Missing Debt
15   11 Commitments and Contingencies  Fast Eddie
16   16 Off-balance sheet Debt  UFS Corporation
17   18 Troubled Debt Restructuring Oakwood Corporation
 For Alternative (A), consider the effect of the restructuring on the Bank.  Use FAS No. 114--how does no. 114 differ from the original requirements in FAS No. 15?
18   23 Accounting for Owners' Equity Intilext Technology, Inc. (stock options)
19  
25
"slack day" Individual cases due.
consult this page for assistance.
     
Cash FLow and Financial Statement Analysis
 
20   30 Cash Flow Analysis  Weiss Markets, Inc.
21  Nov 1 Financial Statement and Pro Forma Analysis  The Charter Company
22  
6
"slack day"  
     
Issues in Corporate Financial Reporting
 
23   8 Consolidated Financial Statements  Digilog, Inc.
24   13 Earnings per share  Nelson Industries (use FAS No. 128)
Anderson Industries, Inc.(use FAS No. 128)
25  
15
"slack day"  
26   20 Foreign Currency Translation
 download powerpoint slides--review
(choose chapter 13)
 additional powerpoint slides-choose chapter 12
Data Chip Technology Corporation
27   27 International Accounting Issues
download powerpoint slides--review
(choose chapter 12-international)
SmithKline Beecham PLC
28   29 "slack day"  
29 Dec 4 Restating Financial Statements D. F. W. Imports (A)
30   6 Assessing the Quality of Earnings and Assets  Fotomat


Students are responsible for reading the web information page prior to each class meeting.

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