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THE UNIVERSITY OF TEXAS AT DALLAS

AIM 6333 Financial Accounting

Class Advanced Financial Accounting (Section 521)

Hours: Tuesday 6:00 pm to 10:00 pm (SOM 2.107)
Professor: Michael Tydlaska, MS, MBA, MA, CPA, CFE, FCPA
Email: tydlaska@utdallas.edu
Location / Phone: (214) 860-8590 or (972) 335-7241
Office Hours: Monday 6:30 pm to 7:00 pm – Office 4.233
Tuesday 5:00 pm to 6:00 pm – Office 4.233
Wednesday 6:30 pm to 7:00 pm – Office 4.233
Prerequisites: AIM 6332 or permission of the instructor

Course
Objectives: Because this course covers several complex topics and situations, it has many objectives. Among
other things this course will attempt to:

(a) Increase your awareness and understanding of numerous financial features associated with
the operations of partnerships and affiliated business enterprises.
(b) Expand your technical proficiency in accounting for transactions involving partnerships and
affiliated business enterprises and in the preparation of consolidated financial statements.
(c) Develop your conceptual understanding of and appreciation for the significant accounting and
reporting requirements pertaining to consolidated or affiliated enterprises, foreign currency
transactions and translation, segment or line of business disclosures and interim data.
(d) Improve your ability to interpret and use financial statements describing the financial condition
and operating results of affiliated business entities, including multinational organizations.

Required Text: Advanced Accounting, Hoyle, Schaefer and Doupnik, 8th edition

Grades:
2 Midterm exams at 100 points = 200 points
Final exam at 150 points = 150 points
Total = 350 points

There will be 2 midterm examinations and a comprehensive final exam. Exams are closed book and notes are not
allowed. You are required to bring a scantron 882 for each examination.
A = 315 to 350 points
B = 280 to 314 points
C = 245 to 279 points
F = 0 to 244 points
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Class Procedures:
You are expected to be in class on time and have your cell phone turned off. Class time will normally be used for
discussion, student questions, lectures and homework reviews. Your active participation is expected and
encouraged.

Americans With Disabilities Act Compliance:

It is the policy of The University of Texas at Dallas to provide reasonable accommodations for qualified individuals
who are students with disabilities. This University will adhere to all applicable Federal, State and local laws,
regulations and guidelines with respect to providing reasonable accommodations as required to afford equal
educational opportunity. It is the student's responsibility to contact the faculty member and/or the Service for
Students with Disabilities in a timely manner to arrange for appropriate accommodations.

Scholastic Dishonesty:

The University has policies and discipline procedures regarding scholastic dishonesty. Detailed information is
available on the Scholastic Dishonesty web page. All students are expected to maintain a high level of responsibility
with respect to academic honesty. Students who violate University rules on scholastic dishonesty are subject to
disciplinary penalties, including the possibility of failure in the course and/or dismissal from the University. Since such
dishonesty harms the individual, all students and the integrity of the University, policies on scholastic dishonesty will
be strictly enforced.
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Class Schedule 6333 Advanced Financial Accounting

Summer 2006
Modifications will be made if necessary at the instructor’s discretion

Date Chapters and Reading Problems

5/16 Introduction to the course

5/23 Chapter 1: The Equity Method of Accounting for Problems 1-10, 14, 20, 23
investment
Chapter 2: Consolidation of Financial Information Problems 8, 13-16, 18, 22, 25, 26, 35
5/30 Chapter 3: Consolidations-Subsequent to the Date of Problems 1-11, 16, 21, 29
Acquisition
Chapter 4: Consolidated Financial Statements and Problems 1-21, 23, 25 and 27
Outside Ownership
6/06 Chapter 5: : Consolidated Financial Statements -
Intercompany Asset Transactions
Catch Up
06/13 Exam 1
Chapters 1-5 Multiple Choices, problems and essays
6/20 Chapter 6: Variable Interest Entities, Intercomapny Debt,
Consolidated Cash Flows and Other Issues
Chapter 7: Consolidated Financial Statements-Ownership
Patterns and Income taxes
6/27 Chapter 7: Chapter 7 continued
Chapter 8: Segment and Interim Reporting
7/4 July 4 – Holiday – No Class
7/11 Chapter 9: Foreign Currency Transactions and Hedging
Foreign Exchange Risk
Chapter 10: Translations of Foreign Currency Financial
Statements
7/18 Exam 2 – Chapters 6-10 Multiple Choices, problems
and essays
7/25 Chapter 14: Partnerships: Formation and Operation
Chapter 15: Partnerships: Termination and Liquidation
08/01 Final Exam - All Chapters Multiple Choices, problems
and essays