ACCOUNTING 351 Intermediate Accounting II

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ACCOUNTING 351Intermediate Accounting II

• Instructor
• Heidemarie Lundblad, PhD
• Office BB 3218
• Email heidemarie.lundblad_at_csun.edu
• Web Page http//www.csun.edu/hfact004
• Office Phone [phone]
• Office Hours T 1645 - 1745pm 2130 (as needed
  in 1202) TH 1300 1345pm and by appointment
• Email/HyperNews office hours M, W 8 -9 pm
  (or next morning early!).

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Meet the Firms Night

• Tuesday, February 10th
• Odyssee Restaurant
• Doors open at 530 pm, start 6 pm
• Buy tickets at AA table in front of JH 1117

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Application for Accounting Major

• Download from the Department webpage (the form
  will be available shortly!)
• Complete Application
• Submit in class or in the Department office check
  for due date

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COURSE - OBJECTIVE

• Reinforce skills introduced in 350
• Research accounting issues.
• Think critically about accounting alternatives
• Apply insight gained to practical problems
• Master conceptual and technical aspects of GAAP.
• Practice problem solving skills.
• Structured
• Unstructured
• Reinforce and Practice communication skills
  taught in Acct. 351com.

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Methods of Instruction

• Active Learning
• Preparedness is key
• E.g., Double entry journals
• WebCT quizzes
• Approaches in class
• Students present homework (cases)
• Brief lecture followed by teams working related
  problem
• Discussion of news topics, quizzes, etc.
• I will call on you (using a random number
  approach!)
• Warning This class is very time intensive!!
  Expect to spend about 12 hours out of class
  preparing each week.

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How to Survive and Succeed

1. Read the Success Guide
2. Prepare Time Budget
3. Course Sequence to Graduation
4. Make appointment to meet with me
5. Bring Time Budget, Course Sequence to your
   meeting.

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Communication Assignments

• Objective critically evaluate and research
  accounting issues and communicate the results in
  a professional manner
• One group mini-case
• Research questions
• Three individual cases

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Communication Assignments are

• Joint assignments with Accounting 351com.
• Graded For technical content in Acct 351
  according to the grading rubric and
• Graded for Communication skills in Acct 351com
• Submitted on due dates one copy with attached
  grading rubric in 351 one copy in 351com

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Text and Materials

• Spiceland, Sepe, Nelson, Tomassini
  Intermediate Accounting, 5th edition
• FASB, Financial Accounting Research System (CD
  Rom)
• Materials posted on my Web page
  http//www.csun.edu/hfact004

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Grading

• Three Exams 350
• WebCT quizzes 40
• Communication assignments 110
• Total points 500

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The Web Page http//www.csun.eduhfact004

• Gateway to all course materials, e.g.
• syllabus, class schedule Examples, solutions,
  news
• Links to related and required sites
• WebCt

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WebCt https//webteach.csun.edu

• Quizzes
• Calendar

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Double Entry Journals

• Purpose
• Help you focus on important topics
• Provide opportunity to write Prepare for lecture

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Double Entry Journals

• Content
• Questions
• Homework assignments
• Format
• Usage

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Important Department Policy Reminder I

• A grade of C or higher in each upper division
  business and accounting course is required to
  graduate with a BS in Accountancy. 

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Department Policy Reminder II

• If you earn less than a C, you may repeat the
  course only once and only if a seat is
  available.  There is no guarantee that a student
  will be able to repeat a class in the semester
  desired.  State and local fire codes prevent
  classes from exceeding room capacity.  You must
  have an assigned seat with desk space (i.e., no
  students may sit on the floor or in an empty
  chair)

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Important College Policy Reminder

• The College is strictly enforcing the following
  requirement No business, accounting, or IS major
  may be enrolled in a 400-level course without
  having first passed BUS 301 or BUS 302/302L. See
  the department web page for information about the
  lab requirement.