Professional Documents
Culture Documents
Department of Accounting
ACCT2010 Accounting Principle I
Introduction to Financial Accounting
Course Outline L3, L4, L5 Spring 2015
__________________________________________________________________________________
Instructor: Dr. Peter Chen
Office:
Room 6011(LKS Building), Tel.2358-7572.
E-mail:
acpchen@ust.hk
Classes: Monday, Wednesday, and Friday
L3:
L4:
L5:
1.
2.
III.
Short, Libby, Libby, and Giullian. Financial Accounting, 8th edition (2014), McGrawHill/Irwin. (Required)
Handouts: you will be able to download the PowerPoint slides and/or PDF documents used
in class from the LMES ACCT2010 website. You need to either print the notes/documents
or bring your computer with the files on it to class. The handouts will be posted to the
website by Sunday evening every week.
Grading Scheme:
Description
In-class group exercises
Mid-term exam
Final exam
Weight
10%
40%
50%
Total
100%
NOTES:
1. In-class group exercise allows a maximum 4 students to form a group. It is handed in within
the class; late hand-in is not accepted. Only one solution from the group should be handed in.
Students of the group receive the same mark on the handed-in exercise.
2. No make-up exam will be offered for the exams except for medical reasons supported by
proper documentation. You must submit the medical report within 24 hours after the exam
is taken (the weight of the mid-term exam will be added to the final exam).
3. In-class group exercises. There are approximately ten group exercises to be completed in class.
Group exercises provide a setting where you can ask your fellow students and, better yet,
explain to them how to solve a problem. I will collect one answer per group; all group
exercises are equally weighted.
4. Mid-term exam and Final Exam: The mid-term exam covers chapters (1-6), 2 hours. The
final exam will last 2.5 hours and will cover the chapters (7-12).
Asking Questions on LMES Discussion Board: Please use the discussion board on LMES to
ask questions. I do NOT answer any questions sent by emails. This benefits everyone
concerns the questioner, the instructor and other students. I will check the discussion board
and post replies regularly. You are strongly encouraged to reply to other students questions
on LMES as part of a supportive learning environment.
I strongly encourage you to raise your questions on the discussion board as soon as your
problems arise. Please do not allow your puzzles or confusions to accumulate because it will
be more difficult to solve them later. In this course, each chapter builds on the previous
chapter(s). It is like constructing a building the foundation first, then the ground floor, then
the first floor and so on. If you have problems in the earlier part(s) you will not be able to
understand the later part(s). Moreover, the level of difficulty increases as the course
progresses.
Course Schedule: The course schedule is given at the end of this course outline. The topics
which are denoted as "SKIP" will not appear in the examinations and will not be covered in
the class. You may familiarize yourselves with the topics denoted as SKIP and you are
welcome to discuss with the instructor if you have any difficulty learning those materials.
Changes to the course schedule may be made, if necessary. It is your sole responsibility to
find out what has been announced during your absence from the class.
7. Office Hours: Regular office hours are on Wednesday afternoon, from 15:00 to 17:00. Please
email the instructor to make an appointment if the office hours do not fit into your schedule.
8. Classroom Behaviour and Participation: Maintaining proper discipline and conducting
yourself in a responsible manner in the class are of utmost importance for not only this course
but also for your own personal development. At the same time, students are encouraged to
raise questions to the instructor, both during the class and outside the class, and to participate
actively in the class discussions.
Dates
Chap.
No.
Topic
Introduction
Overview of corporate financial reporting
Class review: E1-8; P1-1
Practice Problems
Feb. 2-6
Feb 9 - 13
Feb 16 - 20
Feb 23 27
March 2 - 6
March 9-13
March 16- 23
March 25
Mid-term
Exam
March 27-April
1
April 8April15
April 17-20
10
E10-4, 5, 10;
P10-1, 3
April 22-27
11
12