SRJC Course Outlines

7/21/2019 5:51:42 AMBAD 55 Course Outline as of Spring 2019

Changed Course
CATALOG INFORMATION

Discipline and Nbr:  BAD 55Title:  INTERMEDIATE ACCOUNTING  
Full Title:  Intermediate Accounting
Last Reviewed:4/25/2016

UnitsCourse Hours per Week Nbr of WeeksCourse Hours Total
Maximum3.00Lecture Scheduled3.0017.5 max.Lecture Scheduled52.50
Minimum3.00Lab Scheduled06 min.Lab Scheduled0
 Contact DHR0 Contact DHR0
 Contact Total3.00 Contact Total52.50
 
 Non-contact DHR0 Non-contact DHR Total0

 Total Out of Class Hours:  105.00Total Student Learning Hours: 157.50 

Title 5 Category:  AA Degree Applicable
Grading:  Grade or P/NP
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly: 

Catalog Description:
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Intermediate accounting with theory and practical applications including the accounting process; income measurement; balance sheet preparation; cash flow and the valuation of receivables, inventories, plant, equipment and intangible assets.

Prerequisites/Corequisites:
Course Completion of BAD 2


Recommended Preparation:

Limits on Enrollment:

Schedule of Classes Information
Description: Untitled document
Intermediate accounting with theory and practical applications including the accounting process; income measurement; balance sheet preparation; cash flow and the valuation of receivables, inventories, plant, equipment and intangible assets.
(Grade or P/NP)

Prerequisites:Course Completion of BAD 2
Recommended:
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:Effective:Inactive:
 Area:
 
CSU GE:Transfer Area Effective:Inactive:
 
IGETC:Transfer Area Effective:Inactive:
 
CSU Transfer:TransferableEffective:Fall 1981Inactive:
 
UC Transfer:Effective:Inactive:
 
C-ID:

Certificate/Major Applicable: Certificate Applicable Course



COURSE CONTENT

Student Learning Outcomes:
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Students will be able to:
1.  Complete the steps in the accounting cycle and apply generally accepted accounting principles to determine how transactions are recorded and reported.
2.  Analyze, record, summarize, and report the effects of financial transactions and interpret the accounting information for internal or external decision making purposes.
3.  Use computer technology applications such as Word, Excel, and PowerPoint to complete assignments.

Objectives: Untitled document
Upon completion of the course, students will be able to:
1.  Utilize advanced financial accounting concepts.
2.  Analyze financial statements.
3.  Compare accrual accounting to cash flow accounting.
4.  Differentiate current assets from other types of assets.
5.  Differentiate current liabilities from other types of liabilities.
6.  Examine the different methods allowed for inventory accounting.

Topics and Scope
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1.  Framework of accounting
     a.  Basic concepts
          i. Accrual accounting
        ii. Cash flow accounting
    b.  Principles
    c.  Accounting assumptions
    d.  Constraints
    e. Accrual vs. cash accounting
2.  Analyzing financial statements
    a.  Balance sheets
     b.  Income statements
    c.  Statement of retained earnings
    d.  Cash flow statement
3.  Cash, temporary investments and other current assets
4.  Receivables, bad debts, and liquidity issues
5.  Inventory
    a.  Inventory accounting
    b.  Cost procedures
6.  Current liabilities and contingencies
7.  Land, building and equipment (Captial accounts)
    a.  Acquisition
    b.  Use
    c.  Retirement
    d.  Depreciation
    e.  Depletion
8.  Other assets  
     a.  Natural resources
    b.  Amortization
    c.  Depletion

Assignments:
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1.  Textbook readings of approximately 20 to 30 pages per week
2.  Solving weekly accounting homework problems
3.  Written analysis of accounting homework problems
4.  4 to 6 quizzes

Methods of Evaluation/Basis of Grade.
Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.Writing
5 - 25%
Written analysis of homework problems
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.Problem Solving
15 - 50%
Homework problems
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.Skill Demonstrations
0 - 0%
None
Exams: All forms of formal testing, other than skill performance exams.Exams
25 - 60%
4 to 6 quizzes
Other: Includes any assessment tools that do not logically fit into the above categories.Other Category
0 - 0%
None


Representative Textbooks and Materials:
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Intermediate Accounting, Spiceland. McGraw Hill 8th edition, 2015

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