presentation assignment
ACCOUNTING 313—Intermediate Accounting, Fall 2013
Instructor: Dr. Arthur Allen, CBA 388, Phone 472-3275, email aallen1@unl.edu
Office Hours: 2:30 3:30 MWF and additional hours as announced.
Required books: “Intermediate Accounting” by Spiceland, Sepe, Nelson, 7th edition, with access code1
Required: Texas Instruments (TI) Business Analyst (BA) II Plus or TI BA II Plus Professional calculator.
Course Objectives
At the end of this course, you will be able to understand and explain the financial reporting environment including U.S. GAAP and International Financial Reporting Standards (IFRS).
You will be able to explain the uses and limitations of financial statements as well as being competent to prepare them. You will possess an in-depth understanding of the following topics for the purpose of being able to use and prepare financial statements of for-profit entities: time value of money fair value and the nature of markets cash and receivables inventory valuation acquisition and disposal of property, plant, and equipment depreciation, impairments, and depletion intangible assets revenue recognition
You will be able to explain the differences between US GAAP and International Financial Reporting Standards for the topics covered in this course.
You will have basic skills to research financial accounting issues using the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC).
Miscellaneous Information
Primary Prerequisite: A "C" or better in Accounting 201 and 202, or a grade of “C” or better in Accounting 306. A “C-” is insufficient. Just because you were allowed to register, does not mean that you have met the prerequisites. In may be a few weeks, but you will be dropped from the course if you do not have the prerequisites.
Many of the required materials are on Blackboard. You should check the Announcements on Blackboard frequently. In some cases, you may be contacted by email. Please check your
Instructor: Dr. Arthur Allen, CBA 388, Phone 472-3275, email aallen1@unl.edu
Office Hours: 2:30 3:30 MWF and additional hours as announced.
Required books: “Intermediate Accounting” by Spiceland, Sepe, Nelson, 7th edition, with access code1
Required: Texas Instruments (TI) Business Analyst (BA) II Plus or TI BA II Plus Professional calculator.
Course Objectives
At the end of this course, you will be able to understand and explain the financial reporting environment including U.S. GAAP and International Financial Reporting Standards (IFRS).
You will be able to explain the uses and limitations of financial statements as well as being competent to prepare them. You will possess an in-depth understanding of the following topics for the purpose of being able to use and prepare financial statements of for-profit entities: time value of money fair value and the nature of markets cash and receivables inventory valuation acquisition and disposal of property, plant, and equipment depreciation, impairments, and depletion intangible assets revenue recognition
You will be able to explain the differences between US GAAP and International Financial Reporting Standards for the topics covered in this course.
You will have basic skills to research financial accounting issues using the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC).
Miscellaneous Information
Primary Prerequisite: A "C" or better in Accounting 201 and 202, or a grade of “C” or better in Accounting 306. A “C-” is insufficient. Just because you were allowed to register, does not mean that you have met the prerequisites. In may be a few weeks, but you will be dropped from the course if you do not have the prerequisites.
Many of the required materials are on Blackboard. You should check the Announcements on Blackboard frequently. In some cases, you may be contacted by email. Please check your
Citations: *Exhibit 1 taken from Matherly and Burney, Issues in Accounting Education, 2009.