SYLLABUS

ACTG 383: INTERMEDIATE FINANCIAL ACCOUNTING AND REPORTING III

Instructor: Madelyn Parsons
Email: pmadelyn@pdx.edu
Class Times:
Section 001: TR 10:00 – 11:50 pm, KMC 480
Section 002: TR 12:00 – 1:50 pm, KMC 480
Section 003: W 5:40 – 9:20 pm, KMC 480
Office: KMC 360Q
Office Hours: Tues & Thurs 2:00 - 3:00 pm
Final Exam: Tuesday, Dec 10th 10:15-12:05
Final Exam: Thursday, Dec 12th 10:15-12:05
Final Exam: Wednesday, Dec 11th 5:40-7:30

COURSE MATERIALS
1. Intermediate Accounting, 16th edition by Kieso, Weygandt, and Warfield, with WileyPlus; ISBN:
9781119231554, custom publication available in bookstore.
2. WileyPlus (access code included with new textbooks purchased through PSU bookstore,
otherwise available from www.wileyplus.com )
WI L E Y PL U S RE GIS T RA T ION L IN K S :
Section 001: TR 10:00 – 11:50 pm, www.wileyplus.com/class/718481
Section 002: TR 12:00 – 1:50 pm, www.wileyplus.com/class/718482
Section 003: W 5:40 – 9:20 pm, www.wileyplus.com/class/718484

3. Accounting 383 Course packet and class exercise solutions available on D2L. Course packet is
also available for purchase in bookstore.
4. Guide to Intermediate Accounting Research by Shelby Collins; ISBN: 978-1-61853-163-6 (same
guide used for Actg 382).
5. FASB Codification Database can be accessed through the American Accounting Association by
logging in at http://aaahq.org/ascLogin.cfm using the following:
Username: Aaa51686
Passcode: PD85pAT

6. Financial calculator: One of the most popular calculators is the Texas Instruments BA II Plus.
7. Optional Kieso Student companion site:
http://bcs.wiley.com/he-bcs/Books?action=index&itemId=1118742974&bcsId=10170

COURSE CATALOG DESCRIPTION

Comprehensive study of the principles, conventions and postulates of financial accounting.
Appropriate preparation of GAAP financial statements and financial disclosures, including exposure to
the judgment inherent in financial reporting. Considers information requirements and expectations of
users of financial statements. International financial accounting standards will be considered where
appropriate. Specific focus on the responsibility of accountants for maintaining professional
accountability to the public interest in the face of institutional pressures. Accounting 382 is the
prerequisite for this course.
OBJECTIVES
T E C H N I C A L K N OWL E D GE
1. Apply current GAAP for valuing, measuring, and disclosure of investments.
2. Apply current GAAP for valuing, measuring, and disclosure of deferred income taxes.
3. Apply current GAAP for valuing, measuring, and disclosure of post-retirement benefits.
4. Apply current GAAP for valuing, measuring, and disclosure of leases.
5. Apply current GAAP for identifying & calculating elements included in a Statement of Cash
Flows.

C RI T I C A L T H I N K IN G
6. Research and identify supporting authoritative literature in the FASB Codification related to
course topics.

These learning objectives, along with the learning objectives in your other core accounting classes, will
be tested in a comprehensive multiple choice exam taken during Actg 495. This Cumulative Knowledge
Test is designed to assess the extent to which you have retained the base accounting knowledge
included in our curriculum.

CLASS STRUCTURE
Class sessions will be a combination of lecture, discussions, and problem-solving. You are expected to
take notes, work all in class problems, and participate during class.

GRADING
Grades will be based on an accumulation of total points allocated as follows:

Homework 20 8%
Projects (15 pts each) 30 12%
Professionalism 5 2%
Midterm 100 39%
Final Exam 100 39%
Total 255 100%

A grade calculator can be found on D2L to assist you with your estimation of your standing in the class
throughout the term.

A 93-100%; A- 90-92.9%; B+ 87-89.9%; B 83-86.9%; B- 80-82.9%; C+ 77-79.9%

C 73-76.9%; C- 70-72.9%; D+ 67-69.9%; D 63-66.9%; D- 60-62.9%; F Below 60%

Incompletes can only be given if they meet the standards of university policy. The School of Business
Administration does not allow this class to be taken pass/no pass. If you withdraw from the course
or change your grading option please review the PSU academic calendar for the relevant deadlines at:
www.pdx.edu/registeration/calendar.html.
CLASS EXPECTATIONS
Class sessions will be a combination of lecture, discussions, and problem-solving. In order to achieve
the highest level of comprehension, do the following:

1. Read assigned chapters before lecture

2. Take notes during class
3. Work all in class problems
4. Do your homework

Successful accounting students will tell you that the only way to learn accounting at this level is to
practice, practice, practice!

TECHNOLOGY USE
Technology is highly discouraged during classroom lectures. To increase retention of the material, I
recommend taking notes using a pen and paper.

You will need access to the WileyPlus software to complete homework assignments. Additionally, you
will want to access the D2L system to review class announcements, grades and class materials. This
class assumes that you are familiar with Excel, Word and Powerpoint (or that you will quickly become
familiar with Excel, Word and Powerpoint).

CELL PHONE POLICY

In consideration of your fellow classmates, please turn off cell phones before coming to class.

WORKLOAD
This is a four-credit course. The general assumption of workload is that for every hour in class, the
average student will study 4-5 hours outside of class to get an average grade. You will only succeed in
this course by investing your time outside of the classroom to work practice problems and review the
conceptual material.

CLASS ATTENDANCE POLICY:

I do not take attendance in this class. However, most students find that attendance in this class is
crucial to achieve a successful grade. You should also be an active learner and have a general
familiarity with the materials before our class meeting (i.e. read your book). This will SIGNIFICANTLY
enhance your understanding of the material and allow for deeper learning during the lecture, which
means less time trying to figure thing out on your own!

IF Y O U A RE UN AB L E T O A TT E N D A ME ET IN G , I T I S Y OUR R E SPO N SIB I L IT Y T O DE TE RM IN E W H AT YO U M AY

H A V E MI S S E D FR O M Y O UR FE L L O W C L A SSM A TE S .
HOMEWORK
You will be required to complete the on-line homework assignments through WileyPlus. The registration
link can be found in the course materials section of this syllabus. You may attempt each homework
questions 4 times before losing points. Late submissions will receive a 50% score deduction. Your
homework grades will be posted to D2L at the end of the term.

Because the format of the homework varies from the format we use in class, I recommend working the
problems on paper before inputting your answer into WileyPlus.

The WileyPlus online platform also provides students with additional study resources to strengthen their
skills including interactive tutorials, instructional videos and study guides. Students need to make sure
that they obtain the registration code to access WileyPlus for the course when purchasing the text
(available at the PSU Bookstore). The new, custom printed texts in the bookstore include a WileyPlus
access code. DO NOT THROW THIS AWAY! If you use the online version of the text or purchase a used
book, you will need to buy a WileyPLUS code at www.wileyplus.com.

It is expected that you complete the exercises by the date and time noted on WileyPlus. These
assignments are to assist your understanding of the material and are for your benefit. You are
responsible for reviewing the homework answers available through WileyPlus (after submitting the
homework), working through what you do not understand from the homework, and asking the
appropriate questions to clarify any questions you have.

EXAMS
The exams will be a combination of multiple choice questions and long answer problem solving. See
the Class schedule for exam dates. All exams are closed-book. You may use one 8 ½ X 11 note page
(one-sided) on the exam. You may use a calculator on the exam. No cell phone calculators may be
used and sharing calculators on the exam is strictly prohibited. The final exam is cumulative. No
makeup exams will be given.

To prepare for exams, I recommend that students re-copy their notes and re-work problems from class
and homework. You are prepared for the exam when you can work the problems correctly and
understand how to work the problems without looking at the solution.

CLASS PROJECTS
Project 1: The 10-K project is worth 15 points and will entail an examination of the Coca-Cola 10-K
report and an application of relevant information covered in this course to the 10-K.

Project 2: The research project is worth 15 points and will require you to use the codification to write a
memo regarding the treatment of leases. You will work in groups of 4-5, which you may choose on
your own. The project is designed to give you the opportunity to work in groups without guidance from
the instructor, and to communicate your knowledge of accounting issues in written form.

LATE PROJ E C T S WIL L N OT BE AC C E PTE D .

PROFESSIONALISM/PARTICIPATION
Part of preparing you for business careers entails developing certain skills that are necessary to be an
effective employee/manager. Thus, a portion of your grade will depend on two skills I consider
important to your development – professionalism and participation.

Conducting yourself in a professional manner means behaving in class the way you might in a business
meeting. This includes (but is not limited to) communicating with me in a respectful tone, arriving on
time, informing your boss (i.e., me) if you will not be in attendance or will be leaving early, respecting
your colleagues, taking turns when speaking, not interrupting each other, turning off cell phones,
limiting side conversations, etc.

Since classes will not be “straight lecture,” but will include your active participation in discussions and
in-class activities, your preparation is critical to success in this course. Your active involvement in the
class benefits not only yourself but also your fellow students. Effective participation can come in many
forms, including providing analysis, asking questions, relating concepts to other issues, and providing
real-world examples. In evaluating your participation, I consider not just the quantity but also the
quality of your participation.

Determination of your professionalism/participation score will be based on my assessment of your

contribution to the class as a whole.

OFFICE HOURS
I encourage you to make full use of my office hours. Understand that office hours are not intended as
make-up lectures for those who fail to attend lecture but rather are intended to help you with any
questions you have after you have attended the lectures, reviewed the materials, and attempted the
homework assignments.

PEER SUPPORT
There is a D2L Class Peer Discussion Board that you can use to ask classmates questions. This can often
be helpful if you need a really fast answer to a question, and is also a place to share any tips you have
for completing difficult problems.

WITHDRAWING/DROPPING FROM THE CLASS

Until the fifth week of classes, you can drop or withdraw from class at your own discretion. Please refer
to the academic calendar on PSU website for exact dates. If you miss these dates and need instructor
approval to withdraw, this will be granted ONLY under documented extraordinary circumstances.
Failing to get the grade you desire cannot be the basis for your request for instructor approval to
withdraw from class.
ACADEMIC HONESTY
I H A VE A V E RY S T RIC T N O T OL E RA N C E POL IC Y FOR C H E A T IN G . T H IS IN C L U DE S T A L K IN G T O
C L A S S MA T ES , U S IN G Y OU R C E L L PH ON E , A N D L OOK ING A T A C L AS S MA T E ’ S PA PE R D U RIN G T H E E X A M .

As a member of this class and a student at Portland State University, you are expected to abide by the
university’s Code of Student Conduct and Responsibility. For more information, please visit:
http://www.pdx.edu/dos/codeofconduct#Code or speak with the instructor. Plagiarism, cheating, and
any other form of academic dishonesty/misconduct will not be tolerated, as they are in violation of the
Code of Student Conduct and Responsibility. The instructor will investigate any suspicion or evidence
of academic dishonesty and notify the university’s Director of Student Conduct. At the very least, the
consequences of academic dishonesty will include failure of the assignment/exam in question, but
more severe consequences are possible, such as dismissal from the course and/or the university.
Students may obtain copies of the SCC from the campus judicial officer: 433 Smith Memorial Center
(503) 725-4422.

DISABILITY RESOURCE CENTER

If you have a documented disability and are registered with the Disability Resource Center (DRC),
please notify me as soon as possible so that reasonable accommodations may be made. If you have
disability or suspect that you have one, please visit the DRC as soon as is reasonably possible. As a
reminder, the DRC website (http://www.drc.pdx.edu/) states: “Accommodations are collaborative
efforts between students, faculty, and the Disability Resource Center. Students with accommodations
approved through the DRC are responsible for contacting the faculty member in charge of the course
prior to or during the first week of the term to discuss accommodations. Students who believe they are
eligible for accommodations but who have not yet obtained approval through the DRC should contact
the DRC immediately.”

STUDENT HEALTH & COUNSELING (SHAC)

The Center for Student Health and Counseling (SHAC) is a community-based health care organization
that provides high quality, accessible mental health, physical health, dental, and testing services
targeted to the needs of the PSU student population. To make an appointment with SHAC, please call
SHAC at 503.725.2800 or come directly to the clinic (1880 SW 6th Ave. UCB, Suite 200).

SAFE CAMPUS
Portland State is committed to providing an environment free of all forms of prohibited discrimination
and sexual harassment (sexual assault, domestic and dating violence, and gender or sex-based
harassment and stalking). If you have experienced any form of gender or sex-based discrimination or
sexual harassment, know that help and support are available. PSU has staff members trained to
support survivors in navigating campus life, accessing health and counseling services, providing
academic and on-housing accommodations, helping with legal protective orders, and more.
Information about PSU’s support services on campus, including confidential services and reporting
options, can be found on PSU’s Sexual Misconduct Prevention and Response website at:
https://www.pdx.edu/sexual-assault/get-help or you may call a confidential IPV Advocate at 503-725-
5672. You may report any incident of discrimination or discriminatory harassment, including sexual
harassment, to either the Office of Equity and Compliance or the Office of the Dean of Student Life.
Please be aware that all PSU faculty members and instructors are required to report information of an
incident that may constitute prohibited discrimination, including sexual harassment and sexual
violence. This means that if you tell me about a situation of sexual harassment or sexual violence that
may have violated university policy or student code of conduct, I have to share the information with my
supervisor, the University’s Title IX Coordinator or the Office of the Dean of Student Life. For more
information about Title IX please complete the required student module Creating a Safe Campus in
your D2L.

STUDENT FOOD ASSISTANCE AND OTHER RESOURCES

The Committee for Improving Student Food Security (CISFS) is a group of volunteers comprised of
faculty, staff, students, and alumni who seek to improve PSU students’ ability to access affordable,
nutritious, and culturally relevant food. The Committee’s mission is to foster community partnerships,
increase awareness, address barriers through policy advocacy, and use data to inform and build
capacity for action around student food security. For information on food assistance and other
resources please visit:

http://www.pdx.edu/studentaffairs/CISFS

OPPORTUNITIES IN ACCOUNTING
If you find this class interesting and do well in the course, PLEASE consider majoring in accounting. It is
an amazing career path with a wide variety of opportunities. The field provides great starting salaries,
amazing job security, and it gives you so much flexibility (accounting is the language of business, after
all). As a student at PSU, you have the opportunity to take advantage of all of the accounting recruiting
events which means you can land internships and jobs before you graduate (which is a HUGE
advantage and not commonplace among all business majors).

If you would like to know more about accounting, please read through the accounting advising guide
on our class D2L page and email me to discuss further!

SB CAREER SERVICES
The School of Business provides Career & Academic Advisors to assist students in making the most of
their collegiate experience and to prepare for their career plans. Career & Academic Advisors are
trained to provide counsel in a wide range of issues including selecting a business major, planning out
classes, finding resources on campus, creating a job search strategy, writing resumes and cover letters
and so much more. Career & Academic Advisors are here to help students with all of their academic &
career related questions. Business students are assigned a Career & Academic Advisor who will assist
them from orientation to graduation and career.

Advisors are available by appointment. Students can make a career & academic advising appointment
online by visiting https://www.pdx.edu/sba/career-academic-advising or by visiting their office in suite
220 of the Karl Miller Center (615 SW Harrison Street) or calling 503-725-3712. Drop-in peer advising
hours are available as well. Drop-in hours are held regularly throughout the week and are designed to
help answer routine or simple questions. The School of Business provides a great deal of job search
resources online, to access that information, please visit the School of Business website at
https://www.pdx.edu/sba/ and click on Undergraduate, then Student Resources. Students with
concerns about courses, requirements or advising services can contact Becky Sanchez, the Director of
Career & Academic Services, via email at beckys@pdx.edu.

PSU’s Advising & Career Services Office (ACS) also provides in person career advising and manages the
PSU career portal, Handshake, which is an online database of jobs and internships. You will need to
register for a Handshake account to participate fully in all the professional development and job
opportunities available this term. Learn more online at www.pdx.edu/careers.

ACCOUNTING CAREER SERVICES & RESOURCES

Accounting Recruiting Specialist: The Accounting Department’s recruiting specialist, Madelyn Parsons,
is available to assist you with any questions you have regarding your future career, determining your
CPA eligibility, and navigating the recruiting process in accounting. To book an appointment, visit
psuaccounting.youcanbook.me

Accounting Recruiting Newsletter: The Accounting Newsletter is a weekly newsletter that guides
accounting majors through all of the professional development tools that they need to be successful in
recruiting for an accounting job/internship. Additionally, the newsletter highlights upcoming
accounting events and opportunities. If you are currently not receiving the newsletter, you can
subscribe here.

Beta Alpha Psi: BAP is a national Accounting and Finance Honor Society. The Portland State chapter is
the Epsilon Alpha Chapter. Please visit bappdx.org and subscribe to the BAP listserv to receive
notifications on meetings, professional development events and employment opportunities available
to accounting and finance students.
CLASS SCHEDULE

Week Day Date Chapter Topic Delivarables

1 Tuesday Oct. 1 Ch 17 Investments
Thursday Oct. 3 Ch 17 Investments
2 Tuesday Oct. 8 Ch 17, 17 A Investments
Thursday Oct. 10 Ch 17, 17 A Investments
Sunday Oct. 13 Ch 17 Hwk
3 Tuesday Oct. 15 Ch 19 Accounting for Income Taxes
Thursday Oct. 17 Ch 19 Accounting for Income Taxes
4 Tuesday Oct. 22 Ch 19 Accounting for Income Taxes
Thursday Oct. 24 Ch 20 Post retirement benefits
Sunday Oct. 27 Ch 19 Hwk
5 Tuesday Oct. 29 Ch 20 Post retirement benefits
Thursday Oct. 31 Ch 20 Post retirement benefits
6 Tuesday Nov. 5 Review Midterm Review
Thursday Nov. 7 Midterm Exam ( Ch 17-20)
Sunday Nov. 10 Ch 20 Hwk
7 Tuesday Nov. 12 Ch 21A* Leases
Thursday Nov. 14 Ch 21A* Leases Project 1
8 Tuesday Nov. 19 Ch 21A* Leases
Thursday Nov. 21 Ch 21A* Leases
Sunday Nov. 24 Ch 21A Hwk
9 Tuesday Nov. 26 Ch 23 Statement of Cash Flows
Thursday Nov. 28 No Class NO CLASS - Thanksgiving
10 Tuesday Dec. 3 Ch 23 Statement of Cash Flows
Thursday Dec. 5 Ch 24 US GAAP required disclosures & Project 2
Final review
Sunday Dec. 8 Ch 23-24 Hwk
11 Tuesday Dec. 10 Section 001 Final Exam (Ch 17-24) @ 10:15 am
Weds. Dec. 11 Section 003 Final Exam (Ch 17-24) @ 5:40 pm
Thursday Dec. 12 Section 002 Final Exam (Ch 17-24) @ 10:15 am

*This is not the appendix to Chapter 21 – this is the Wiley updated Chapter 21 for the new lease rules.
Chapter is available on WileyPlus and a pdf is also available on the course D2L.
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KEY DUE DATES

Week 2 Oct 13 Sunday Ch 17 Homework Due at 11:45 pm

Week 4 Oct 27 Sunday Ch 19 Homework Due at 11:45 pm

Week 6 Nov 10 Sunday Ch 20 Homework Due at 11:45 pm

Week 7 Nov 14 Thursday Project 1: Due at the beginning of class

Week 8 Nov 24 Sunday Ch 21A Homework Due at 11:45 pm

Week 10 Dec 5 Thursday Project 2: Due at the beginning of class

Dec 8 Sunday Ch 23-24 Homework Due at 11:45 pm

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