Revision Notes for Intermediate Accounting, 2nd Edition
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Instructor’s Resource Manual
Lori Novak
Red River College
for
Intermediate
Accounting
Volume 2 | Second Edition
Kin Lo
University of British Columbia
George Fisher
Douglas College
Lori Novak
Red River College
for
Intermediate
Accounting
Volume 2 | Second Edition
Kin Lo
University of British Columbia
George Fisher
Douglas College
Contents
Preface ......................................................................................................................2
■ Sample Syllabus 1 (traditional classroom) ....................................................................3
■ Sample Syllabus 2 (online course) .................................................................................8
■ Student Handout “How to get an A”............................................................................12
■ Tips for taking the course from traditional to hybrid, blended or online .....................13
Volume 2
Chapter 11 Current Liabilities and Contingencies .......................................................15
Chapter 12 Non-Current Financial Liabilities ..............................................................21
Chapter 13 Equities ......................................................................................................26
Chapter 14 Complex Financial Instruments .................................................................31
Chapter 15 Earnings Per Share .....................................................................................36
Chapter 16 Accounting for Income Taxes ....................................................................41
Chapter 17 Pensions and Other Employee Future Benefits .........................................46
Chapter 18 Accounting for Leases ...............................................................................50
Chapter 19 Statement of Cash Flows ...........................................................................56
Chapter 20 Accounting Changes ..................................................................................60
Preface ......................................................................................................................2
■ Sample Syllabus 1 (traditional classroom) ....................................................................3
■ Sample Syllabus 2 (online course) .................................................................................8
■ Student Handout “How to get an A”............................................................................12
■ Tips for taking the course from traditional to hybrid, blended or online .....................13
Volume 2
Chapter 11 Current Liabilities and Contingencies .......................................................15
Chapter 12 Non-Current Financial Liabilities ..............................................................21
Chapter 13 Equities ......................................................................................................26
Chapter 14 Complex Financial Instruments .................................................................31
Chapter 15 Earnings Per Share .....................................................................................36
Chapter 16 Accounting for Income Taxes ....................................................................41
Chapter 17 Pensions and Other Employee Future Benefits .........................................46
Chapter 18 Accounting for Leases ...............................................................................50
Chapter 19 Statement of Cash Flows ...........................................................................56
Chapter 20 Accounting Changes ..................................................................................60
2
Preface
Intermediate accounting involves a significant jump in depth and breadth of material
relative to introductory accounting. The quantity and difficulty of some of the topics can
be overwhelming for both students to understand and for instructors to deliver. This text
takes into account these significant challenges by (i) using straight-forward language, (ii)
streamlining as much as possible the content within and between chapters, and (iii)
helping students understand the “why” behind the “how” of accounting.
Essential to (iii) are the first three chapters of Volume 1, which lay out a number of
threshold concepts. (In the remainder of this resource manual, these threshold concepts
will be in bold font.) Chapter 1 introduces students to the fundamentals of financial
accounting theory. While many accounting programs examine financial accounting
theory in some depth, this coverage usually occurs near the end of the program. While
Chapter 1 does not replace an entire course on accounting theory, students will benefit
from being introduced to financial accounting theory at the beginning of intermediate
accounting so that they can see its application in various contexts.
Chapters 2 and 3 build on the foundation provided in the first chapter. Chapter 2 explains
the conceptual frameworks for financial reporting in the context of the supply and
demand of information, a concept that naturally follows from Chapter 1. Chapter 3 then
leads students to understand the more specific way that we prepare financial reports—
using accrual accounting. This chapter emphasizes that the issue of timing in accrual
accounting is not just a minor issue, but rather that timing is everything.
The remaining chapters in volume 1 (4 through 10) then go through specific issues
relating to the four key financial statements. Chapter 4 covers revenues and expenses in
the statement of comprehensive income. The remainder of Volume 1, Chapters 5 to 10,
covers the asset side of the balance sheet.
Continuing with the balance sheet, Volume 2 begins with the coverage of liabilities in
Chapters 11 and 12. Chapter 13 covers equities and the statement of equity. Chapter 14 to
18 cover special topics that have broader implications in the balance sheet and statement
of comprehensive income. These topics are complex financial instruments, earnings per
share, accounting for income taxes, pensions, and leases. Chapter 19 covers the statement
of cash flow and Chapter 20 covers accounting changes.
Preface
Intermediate accounting involves a significant jump in depth and breadth of material
relative to introductory accounting. The quantity and difficulty of some of the topics can
be overwhelming for both students to understand and for instructors to deliver. This text
takes into account these significant challenges by (i) using straight-forward language, (ii)
streamlining as much as possible the content within and between chapters, and (iii)
helping students understand the “why” behind the “how” of accounting.
Essential to (iii) are the first three chapters of Volume 1, which lay out a number of
threshold concepts. (In the remainder of this resource manual, these threshold concepts
will be in bold font.) Chapter 1 introduces students to the fundamentals of financial
accounting theory. While many accounting programs examine financial accounting
theory in some depth, this coverage usually occurs near the end of the program. While
Chapter 1 does not replace an entire course on accounting theory, students will benefit
from being introduced to financial accounting theory at the beginning of intermediate
accounting so that they can see its application in various contexts.
Chapters 2 and 3 build on the foundation provided in the first chapter. Chapter 2 explains
the conceptual frameworks for financial reporting in the context of the supply and
demand of information, a concept that naturally follows from Chapter 1. Chapter 3 then
leads students to understand the more specific way that we prepare financial reports—
using accrual accounting. This chapter emphasizes that the issue of timing in accrual
accounting is not just a minor issue, but rather that timing is everything.
The remaining chapters in volume 1 (4 through 10) then go through specific issues
relating to the four key financial statements. Chapter 4 covers revenues and expenses in
the statement of comprehensive income. The remainder of Volume 1, Chapters 5 to 10,
covers the asset side of the balance sheet.
Continuing with the balance sheet, Volume 2 begins with the coverage of liabilities in
Chapters 11 and 12. Chapter 13 covers equities and the statement of equity. Chapter 14 to
18 cover special topics that have broader implications in the balance sheet and statement
of comprehensive income. These topics are complex financial instruments, earnings per
share, accounting for income taxes, pensions, and leases. Chapter 19 covers the statement
of cash flow and Chapter 20 covers accounting changes.
3
SYLLABUS
Intermediate Accounting 2
Semester: _______________________
Effective date: ____________________
Class days and times:
Monday Tuesday Wednesday Thursday Friday
COURSE DESCRIPTION
In this course, students will learn about measurement, valuation and presentation of
liabilities and shareholders’ equity elements. Specific topics covered are financial and
non-financial liabilities, complex financial instruments, contributed capital, retained
earnings, and accumulated other comprehensive income, leases, pensions, income taxes
and accounting changes. International Financial Reporting Standards and Accounting
Standards for Private Enterprises are continually referenced as the relevant GAAP for this
level of financial accounting. With the completion of Intermediate Accounting 1 & 2,
students will have a solid foundation in financial accounting and may use this education
to launch a career or continue on to advanced accounting courses and programs.
At the end of this course, you will be able to:
• apply the conceptual framework and International Financial Accounting
Standards to make choices between acceptable methods of accounting for
liabilities and shareholders’ equity items.
• measure and account for financial and non-financial liabilities.
• measure and account for complex debt and equity instruments.
• explain how income taxes are accounting for and reconciled with government
required reporting. Measure and account for permanent and temporary
differences related to income taxes.
• account for leases from both the perspective of the lessee and lessor using
appropriate measurement criteria and techniques.
• identify different types of pensions and the components of each. Prepare
calculations for pension expense and account for pension assets and liabilities.
• explain earnings per share disclosures and calculate both basic and diluted
figures.
• record and report accounting changes in the financial statements using
appropriate measurement and presentation criteria.
• list the disclosures required for the various liability and shareholders’ equity
items.
SYLLABUS
Intermediate Accounting 2
Semester: _______________________
Effective date: ____________________
Class days and times:
Monday Tuesday Wednesday Thursday Friday
COURSE DESCRIPTION
In this course, students will learn about measurement, valuation and presentation of
liabilities and shareholders’ equity elements. Specific topics covered are financial and
non-financial liabilities, complex financial instruments, contributed capital, retained
earnings, and accumulated other comprehensive income, leases, pensions, income taxes
and accounting changes. International Financial Reporting Standards and Accounting
Standards for Private Enterprises are continually referenced as the relevant GAAP for this
level of financial accounting. With the completion of Intermediate Accounting 1 & 2,
students will have a solid foundation in financial accounting and may use this education
to launch a career or continue on to advanced accounting courses and programs.
At the end of this course, you will be able to:
• apply the conceptual framework and International Financial Accounting
Standards to make choices between acceptable methods of accounting for
liabilities and shareholders’ equity items.
• measure and account for financial and non-financial liabilities.
• measure and account for complex debt and equity instruments.
• explain how income taxes are accounting for and reconciled with government
required reporting. Measure and account for permanent and temporary
differences related to income taxes.
• account for leases from both the perspective of the lessee and lessor using
appropriate measurement criteria and techniques.
• identify different types of pensions and the components of each. Prepare
calculations for pension expense and account for pension assets and liabilities.
• explain earnings per share disclosures and calculate both basic and diluted
figures.
• record and report accounting changes in the financial statements using
appropriate measurement and presentation criteria.
• list the disclosures required for the various liability and shareholders’ equity
items.
4
NEEDS AND RESOURCES
Required Background
To successfully complete this course, you must have completed Intermediate Accounting
1. A grade of C or better is recommended. Students should have a solid understanding
of fundamental accounting.
Required Materials
To successfully complete this course, you will need:
• Intermediate Accounting, Second Edition, Volume 2, Kin Lo, George Fisher.
ISBN __________________
• Internet access
• Financial calculator
Online Resources
• CICA Handbook (electronic access provided _____________)
COURSE SCHEDULE (suggested based on 16 week term- 1 hour class time)
Week Class Topic Required
Reading
Assignments
1 Chapter 11
Introduction to Liabilities
P.504-508 P11-5
2 Current liabilities P.509-527 P11-8, P11-
15, P11-35
3 Contingencies P.527-534 P11-38
4 Commitments & Guarantees P.534-536 P11-47
5 Assignment review
6 Chapter 12
Introduction to non-current financial
liabilities P.565-572
P12-3, P12-5
7 Accounting for non-financial liabilities P.572-583 P12-7,P12-
13, P12-21
8 Derecognition of financial liabilities P.584-588 P12-30
9 Comprehensive Example & other issues P.588-597 P12-42, P12-
47
10 Assignment review
11 Chapter 13
Components of equity P.620-627
P13-2, P13-3,
P13-10, P13-
11
12 Contributed capital equity transactions P.628-637 P13-22, P13-
25
13 Retained earnings equity transactions P.637-642 P13-36
14 Statement of changes in equity &
Comprehensive illustration P.642-650
P13-44, P13-
37
15 Assignment review
NEEDS AND RESOURCES
Required Background
To successfully complete this course, you must have completed Intermediate Accounting
1. A grade of C or better is recommended. Students should have a solid understanding
of fundamental accounting.
Required Materials
To successfully complete this course, you will need:
• Intermediate Accounting, Second Edition, Volume 2, Kin Lo, George Fisher.
ISBN __________________
• Internet access
• Financial calculator
Online Resources
• CICA Handbook (electronic access provided _____________)
COURSE SCHEDULE (suggested based on 16 week term- 1 hour class time)
Week Class Topic Required
Reading
Assignments
1 Chapter 11
Introduction to Liabilities
P.504-508 P11-5
2 Current liabilities P.509-527 P11-8, P11-
15, P11-35
3 Contingencies P.527-534 P11-38
4 Commitments & Guarantees P.534-536 P11-47
5 Assignment review
6 Chapter 12
Introduction to non-current financial
liabilities P.565-572
P12-3, P12-5
7 Accounting for non-financial liabilities P.572-583 P12-7,P12-
13, P12-21
8 Derecognition of financial liabilities P.584-588 P12-30
9 Comprehensive Example & other issues P.588-597 P12-42, P12-
47
10 Assignment review
11 Chapter 13
Components of equity P.620-627
P13-2, P13-3,
P13-10, P13-
11
12 Contributed capital equity transactions P.628-637 P13-22, P13-
25
13 Retained earnings equity transactions P.637-642 P13-36
14 Statement of changes in equity &
Comprehensive illustration P.642-650
P13-44, P13-
37
15 Assignment review
Loading page 6...
5
Week Class Topic Required
Reading
Assignments
16 Chapter 14
Introduction to complex financial
instruments P.675-681 P14-6
17 Accounting for complex financial
instruments P.682-688
P14-8, P14-
10, P14-15,
P14-16
18 Assignment review
19 Accounting for complex financial
instruments/Compensation plans P.688-694
P14-27,P14-3
20 Hedging & hedge accounting P.694-704 P14-37, P14-
39
21 Assignment review
22 Term test review
23 Term test (Chapters 11-14)
24 Chapter 15
Introduction to basic & diluted EPS P.726-735
P15-5, P15-9,
P15-16
25 Calculating diluted EPS P.735-746 P15-22, P15-
24, P15-28
26 Other factors effecting EPS P.746-752 P.15-35
27 Assignment review
28 Chapter 16
Introduction to income tax P.776-784 P.16-6
29 Applying the accrual method P.784-795 P16-10, P16-
11, P16-15
30 Tax losses & other considerations P.795-802 P16-30, P16-
32, P16-
36,P16-37
31 Assignment review
32 Chapter 17
Introduction to pension plans & accounting P.821-825
P17-2, P17-5,
P17-7
33 Accounting for defined benefit plans P.825-837 P17-13, P17-
15, P17-19,
P17-21
34 Presentation & disclosures & other issues P.837-843 P17-25, P17-
29
35 Assignment review
36 Term Test review
37 Term Test (Ch11-17, comprehensive)
38 Chapter 18
Introduction to leases P.860-866 P18-7
39 Classifying & accounting for leases P.866-874 P18-9, P18-
18
Week Class Topic Required
Reading
Assignments
16 Chapter 14
Introduction to complex financial
instruments P.675-681 P14-6
17 Accounting for complex financial
instruments P.682-688
P14-8, P14-
10, P14-15,
P14-16
18 Assignment review
19 Accounting for complex financial
instruments/Compensation plans P.688-694
P14-27,P14-3
20 Hedging & hedge accounting P.694-704 P14-37, P14-
39
21 Assignment review
22 Term test review
23 Term test (Chapters 11-14)
24 Chapter 15
Introduction to basic & diluted EPS P.726-735
P15-5, P15-9,
P15-16
25 Calculating diluted EPS P.735-746 P15-22, P15-
24, P15-28
26 Other factors effecting EPS P.746-752 P.15-35
27 Assignment review
28 Chapter 16
Introduction to income tax P.776-784 P.16-6
29 Applying the accrual method P.784-795 P16-10, P16-
11, P16-15
30 Tax losses & other considerations P.795-802 P16-30, P16-
32, P16-
36,P16-37
31 Assignment review
32 Chapter 17
Introduction to pension plans & accounting P.821-825
P17-2, P17-5,
P17-7
33 Accounting for defined benefit plans P.825-837 P17-13, P17-
15, P17-19,
P17-21
34 Presentation & disclosures & other issues P.837-843 P17-25, P17-
29
35 Assignment review
36 Term Test review
37 Term Test (Ch11-17, comprehensive)
38 Chapter 18
Introduction to leases P.860-866 P18-7
39 Classifying & accounting for leases P.866-874 P18-9, P18-
18
Loading page 7...
6
Week Class Topic Required
Reading
Assignments
40 Other factors & lease types P.874-885 P18-26, P.18-
28, P18-31,
P18-36
41 Assignment review
42 Chapter 19
Introduction to the Statement of Cash Flow P.904-911 P19-2, P19-3,
P19-8, P19-
10, P19-15,
P19-18
43 Formatting the Statement of Cash Flow P.911-918 P19-23
44 Preparation of the Statement of Cash Flow P.918-933 P19-33, P19-
38
45 Specific cash flow items & comprehensive
example P.933-943 P19-41
46 Assignment review
47 Chapter 20
Introduction to accounting changes P.980-990
P20-1, P20-5
48 Retrospective adjustments P.990-997 P20-9, P20-
13, P20-16,
P20-23, P20-
26
49 Assignment review
50 Final Exam review
51 Final Exam review
52 Final Exam (Ch11-20, comprehensive)
POLICIES AND PROCEDURES
General Rules:
[Insert explanation of classroom rules and procedures, including such topics as attitude,
behavior, attendance, tardiness, incomplete work, and so on. Describe rules and
consequences.]
Grading Policies:
• Term Test 1 15%
• Term Test 2 35%
• Final Exam 50%
Grading Scale:
[If applicable, insert grading scale, linking number and letter grades.]
Week Class Topic Required
Reading
Assignments
40 Other factors & lease types P.874-885 P18-26, P.18-
28, P18-31,
P18-36
41 Assignment review
42 Chapter 19
Introduction to the Statement of Cash Flow P.904-911 P19-2, P19-3,
P19-8, P19-
10, P19-15,
P19-18
43 Formatting the Statement of Cash Flow P.911-918 P19-23
44 Preparation of the Statement of Cash Flow P.918-933 P19-33, P19-
38
45 Specific cash flow items & comprehensive
example P.933-943 P19-41
46 Assignment review
47 Chapter 20
Introduction to accounting changes P.980-990
P20-1, P20-5
48 Retrospective adjustments P.990-997 P20-9, P20-
13, P20-16,
P20-23, P20-
26
49 Assignment review
50 Final Exam review
51 Final Exam review
52 Final Exam (Ch11-20, comprehensive)
POLICIES AND PROCEDURES
General Rules:
[Insert explanation of classroom rules and procedures, including such topics as attitude,
behavior, attendance, tardiness, incomplete work, and so on. Describe rules and
consequences.]
Grading Policies:
• Term Test 1 15%
• Term Test 2 35%
• Final Exam 50%
Grading Scale:
[If applicable, insert grading scale, linking number and letter grades.]
Loading page 8...
7
ADDITIONAL INFORMATION
[Insert additional information, specific to your school, class, students, or topic.]
CONTACT INFORMATION
Professor/instructor name:_____________________________
Contact phone number:________________________________
Email address:_______________________________________
Course URL:________________________________________
Office hours:
Monday Tuesday Wednesday Thursday Friday
ADDITIONAL INFORMATION
[Insert additional information, specific to your school, class, students, or topic.]
CONTACT INFORMATION
Professor/instructor name:_____________________________
Contact phone number:________________________________
Email address:_______________________________________
Course URL:________________________________________
Office hours:
Monday Tuesday Wednesday Thursday Friday
Loading page 9...
8
SYLLABUS
Intermediate Accounting 2
Semester: _______________________
Effective date:____________________
Class days and times:
Monday Tuesday Wednesday Thursday Friday
COURSE DESCRIPTION
In this course, students will learn about measurement, valuation and presentation of
liabilities and shareholders’ equity elements. Specific topics covered are financial and
non-financial liabilities, complex financial instruments, contributed capital, retained
earnings, and accumulated other comprehensive income, leases, pensions, income taxes
and accounting changes. International Financial Reporting Standards and Accounting
Standards for Private Enterprises are continually referenced as the relevant GAAP for this
level of financial accounting. With the completion of Intermediate Accounting 1 & 2,
students will have a solid foundation in financial accounting and may use this education
to launch a career or continue on to advanced accounting courses or programs.
At the end of this course, you will be able to:
• apply the conceptual framework and International Financial Accounting
Standards to make choices between acceptable methods of accounting for
liabilities and shareholders’ equity items.
• measure and account for financial and non-financial liabilities.
• measure and account for complex debt and equity instruments.
• explain how income taxes are accounting for and reconciled with government
required reporting. Measure and account for permanent and temporary
differences related to income taxes.
• account for leases from both the perspective of the lessee and lessor using
appropriate measurement criteria and techniques.
• identify different types of pensions and the components of each. Prepare
calculations for pension expense and account for pension assets and liabilities.
• explain earnings per share disclosures and calculate both basic and diluted
figures.
• record and report accounting changes in the financial statements using
appropriate measurement and presentation criteria.
• list the disclosures required for the various liability and shareholders’ equity
items.
SYLLABUS
Intermediate Accounting 2
Semester: _______________________
Effective date:____________________
Class days and times:
Monday Tuesday Wednesday Thursday Friday
COURSE DESCRIPTION
In this course, students will learn about measurement, valuation and presentation of
liabilities and shareholders’ equity elements. Specific topics covered are financial and
non-financial liabilities, complex financial instruments, contributed capital, retained
earnings, and accumulated other comprehensive income, leases, pensions, income taxes
and accounting changes. International Financial Reporting Standards and Accounting
Standards for Private Enterprises are continually referenced as the relevant GAAP for this
level of financial accounting. With the completion of Intermediate Accounting 1 & 2,
students will have a solid foundation in financial accounting and may use this education
to launch a career or continue on to advanced accounting courses or programs.
At the end of this course, you will be able to:
• apply the conceptual framework and International Financial Accounting
Standards to make choices between acceptable methods of accounting for
liabilities and shareholders’ equity items.
• measure and account for financial and non-financial liabilities.
• measure and account for complex debt and equity instruments.
• explain how income taxes are accounting for and reconciled with government
required reporting. Measure and account for permanent and temporary
differences related to income taxes.
• account for leases from both the perspective of the lessee and lessor using
appropriate measurement criteria and techniques.
• identify different types of pensions and the components of each. Prepare
calculations for pension expense and account for pension assets and liabilities.
• explain earnings per share disclosures and calculate both basic and diluted
figures.
• record and report accounting changes in the financial statements using
appropriate measurement and presentation criteria.
• list the disclosures required for the various liability and shareholders’ equity
items.
Loading page 10...
9
NEEDS AND RESOURCES
Required Background
To successfully complete this course, you must have completed Intermediate Accounting
1. A grade of C or better is recommended. Students should have a solid understanding
of fundamental accounting.
Required Materials
To successfully complete this course, you will need:
• Intermediate Accounting, Second Edition, Volume 2, Kin Lo, George Fisher.
ISBN __________________
• Internet access
• Financial calculator
Online Resources
• CICA Handbook (electronic access provided _____________)
Student Readiness
Each week students will be required to work through a chapter in the textbook as
indicated on the schedule below and complete the indicated assignment by the due date.
Assignments must be uploaded into the course dropbox no later than 11:59pm on the due
date. In addition to assignments, students will be assigned a partner for work on the
cases. There are four cases in total that students will be expected to work though. On the
due date, each group must post their findings, analysis, and commentary to the course
discussion board no later than 11:59pm. Separate and private discussion boards will be
set up for group collaboration.
COURSE SCHEDULE (suggested for 16 week online course)
Week Topic Required
Reading
Assignments Due Date
1 Chapter 11
Current Liabilities P.504-536 P11-47
2 Chapter 12
Non-current Financial Liabilities P.565-597 P12-42
3 Chapter 13
Equities P.620-650 P13-44
4 Discussion post due – Chapter 13 Case 1
Peterborough Printers
5 Chapter 14
Complex Financial Instruments P.675-704 P14-39
6 Discussion post due – Chapter 14 Case 1
Ultramart
7 Chapter 15
Earnings per share P.726-752 P15-35
8 Chapter 16
Accounting for income tax P.776-802 P.16-36
NEEDS AND RESOURCES
Required Background
To successfully complete this course, you must have completed Intermediate Accounting
1. A grade of C or better is recommended. Students should have a solid understanding
of fundamental accounting.
Required Materials
To successfully complete this course, you will need:
• Intermediate Accounting, Second Edition, Volume 2, Kin Lo, George Fisher.
ISBN __________________
• Internet access
• Financial calculator
Online Resources
• CICA Handbook (electronic access provided _____________)
Student Readiness
Each week students will be required to work through a chapter in the textbook as
indicated on the schedule below and complete the indicated assignment by the due date.
Assignments must be uploaded into the course dropbox no later than 11:59pm on the due
date. In addition to assignments, students will be assigned a partner for work on the
cases. There are four cases in total that students will be expected to work though. On the
due date, each group must post their findings, analysis, and commentary to the course
discussion board no later than 11:59pm. Separate and private discussion boards will be
set up for group collaboration.
COURSE SCHEDULE (suggested for 16 week online course)
Week Topic Required
Reading
Assignments Due Date
1 Chapter 11
Current Liabilities P.504-536 P11-47
2 Chapter 12
Non-current Financial Liabilities P.565-597 P12-42
3 Chapter 13
Equities P.620-650 P13-44
4 Discussion post due – Chapter 13 Case 1
Peterborough Printers
5 Chapter 14
Complex Financial Instruments P.675-704 P14-39
6 Discussion post due – Chapter 14 Case 1
Ultramart
7 Chapter 15
Earnings per share P.726-752 P15-35
8 Chapter 16
Accounting for income tax P.776-802 P.16-36
Loading page 11...
Preface
10
Week Topic Required
Reading
Assignments Due Date
9 Chapter 17
Pensions and Other Employee Future
Benefits
P.821-843 P17-29
10 Discussion post due – Chapter 17 Case 2
Tubular Ltd.
11 Chapter 18
Accounting for Leases P.860-885 P18-31
12 Chapter 19
Statement of Cash Flows P.904-943 P19-41
13 Chapter 20
Accounting Changes P.980-997 P20-26
14 Discussion post due – Chapter 20
Capstone Case 1 Gibraltar Enterprises
15 Review Week
16 Final Exam (Ch11-20, comprehensive)
POLICIES AND PROCEDURES
General Rules:
[Insert explanation of classroom rules and procedures, including such topics as attitude,
behavior, attendance, tardiness, incomplete work, and so on. Describe rules and
consequences.]
Grading Policies:
• 10 Assignments (2% each) 20%
• 3 Chapter Case Discussion posts (5% each) 15%
• Capstone Case Discussion post 15%
• Final Exam 50%
Grading Scale:
[If applicable, insert grading scale, linking number and letter grades.]
ADDITIONAL INFORMATION
[Insert additional information, specific to your school, class, students, or topic.]
CONTACT INFORMATION
Professor/instructor name:_____________________________
Contact phone number:________________________________
Email address:_______________________________________
10
Week Topic Required
Reading
Assignments Due Date
9 Chapter 17
Pensions and Other Employee Future
Benefits
P.821-843 P17-29
10 Discussion post due – Chapter 17 Case 2
Tubular Ltd.
11 Chapter 18
Accounting for Leases P.860-885 P18-31
12 Chapter 19
Statement of Cash Flows P.904-943 P19-41
13 Chapter 20
Accounting Changes P.980-997 P20-26
14 Discussion post due – Chapter 20
Capstone Case 1 Gibraltar Enterprises
15 Review Week
16 Final Exam (Ch11-20, comprehensive)
POLICIES AND PROCEDURES
General Rules:
[Insert explanation of classroom rules and procedures, including such topics as attitude,
behavior, attendance, tardiness, incomplete work, and so on. Describe rules and
consequences.]
Grading Policies:
• 10 Assignments (2% each) 20%
• 3 Chapter Case Discussion posts (5% each) 15%
• Capstone Case Discussion post 15%
• Final Exam 50%
Grading Scale:
[If applicable, insert grading scale, linking number and letter grades.]
ADDITIONAL INFORMATION
[Insert additional information, specific to your school, class, students, or topic.]
CONTACT INFORMATION
Professor/instructor name:_____________________________
Contact phone number:________________________________
Email address:_______________________________________
Loading page 12...
Preface
11
Course URL:________________________________________
Office hours:
Monday Tuesday Wednesday Thursday Friday
11
Course URL:________________________________________
Office hours:
Monday Tuesday Wednesday Thursday Friday
Loading page 13...
Preface
12
STUDENT HANDOUT
Tips on how to use the resources and online tools to get an A in this class:
■ READ the chapter. Yes, I know it’s hard, but it’s an important 30 minutes to an hour
spent in learning this material.
■ WATCH the Demo Docs. Right after reading, view the interactive multi-media
demo docs for the chapter.
■ PRACTISE homework online. Sure it makes sense when your professor goes over
the assignment—they’ve been doing this for a long time. There is no substitute for
doing problems/exercises. That’s how you learn accounting. And the online
homework assignments are algorithmic, so they are already set up for you to practise
problems until you “get it.”
■ STUDY in groups. Creating study groups is a great way to expand your learning.
These groups will not only increase your number of resources to go to for help, but
they also create a sort of accountability that will help keep you on track for success.
■ Learn WHY as well as HOW. Sure the “how” to do it is a big part of accounting,
but if you can learn why you are doing a particular accounting task, it will be much
easier to perform the task.
■ RELATE topics to your personal life or job. The best way to ensure you
understand a topic is to apply it to your life or job.
■ ASK questions. When online, use the “Ask my instructor” button to ask specific
homework questions at the point you have them. Also, ask questions while in class.
Don’t assume you are the only one who doesn’t understand. Your questions help you
and other students learn.
12
STUDENT HANDOUT
Tips on how to use the resources and online tools to get an A in this class:
■ READ the chapter. Yes, I know it’s hard, but it’s an important 30 minutes to an hour
spent in learning this material.
■ WATCH the Demo Docs. Right after reading, view the interactive multi-media
demo docs for the chapter.
■ PRACTISE homework online. Sure it makes sense when your professor goes over
the assignment—they’ve been doing this for a long time. There is no substitute for
doing problems/exercises. That’s how you learn accounting. And the online
homework assignments are algorithmic, so they are already set up for you to practise
problems until you “get it.”
■ STUDY in groups. Creating study groups is a great way to expand your learning.
These groups will not only increase your number of resources to go to for help, but
they also create a sort of accountability that will help keep you on track for success.
■ Learn WHY as well as HOW. Sure the “how” to do it is a big part of accounting,
but if you can learn why you are doing a particular accounting task, it will be much
easier to perform the task.
■ RELATE topics to your personal life or job. The best way to ensure you
understand a topic is to apply it to your life or job.
■ ASK questions. When online, use the “Ask my instructor” button to ask specific
homework questions at the point you have them. Also, ask questions while in class.
Don’t assume you are the only one who doesn’t understand. Your questions help you
and other students learn.
Loading page 14...
Preface
13
Tips for Taking Your Course from Traditional to Hybrid,
Blended, or Online
1. Don’t try to take the “entire” course online in one semester. Decide on a two-
semester strategy for implementation, implementing graded online homework FIRST. By
only implementing the homework portion of the online solution, you don’t overwhelm
yourself with having to learn every piece of the online component in one semester,
regardless of whether it is MyAccountingLab or some other solution. Additionally, this
allows you the flexibility to add other graded assignments later that first semester, if you
choose.
2. Define homework by chapter in your syllabi, rather than identifying specific
exercises or problems. During the first semester, as you and your students get
accustomed to the online resources, you may need to be more flexible. Further, this gets
your students used to looking “online” for their assignments.
3. Schedule one day in class in a computer lab (or some class time, if you can’t get
into a computer lab), to demonstrate. This allows you to gain a “captive audience” so
that you can show the class some of the resources you want them to use. It also allows
you to highlight some of the resources that they may find useful in their learning.
4. Use MyAccountingLab’s static/book match problems to demonstrate in class
problems or exercises. This is a good way to not only save you time in setting up in
class assignments, but also demonstrates to the student the completion ease of the
MyAccountingLab homework solution. I set up a “static” course that has all the book
match problems in it and use that course for demonstrating this in class.
5. Same as Item 4, except using only the Excel spreadsheets. Have the students print
out the Excel or PDF worksheets for book match/static questions before covering the
material in class. Again, this establishes the online centre as the “go to” place for students
to glean information.
6. The first assignments I give after demonstrating the online login/registration are
submitted via their online e-mail account. For this, I use the “e-mail students option”
from the gradebook. I submit their first assignment via e-mail to try in
myaccountinglab.com. This is a “bonus” points only assignment; the students are eager to
try online tools (no penalty—only bonus point reward) and it gets them registered more
quickly in myaccountinglab.com. I suggest using something like the built-in pre-test
chapter questions.
7. Have students give each other feedback. One of the problems with teaching online is
that giving feedback to all of your students all the time can quickly get out of control. The
way to deal with this is to have students give the initial drafts of their papers to other
students for feedback. You give a grade to the feedback based on how helpful the original
13
Tips for Taking Your Course from Traditional to Hybrid,
Blended, or Online
1. Don’t try to take the “entire” course online in one semester. Decide on a two-
semester strategy for implementation, implementing graded online homework FIRST. By
only implementing the homework portion of the online solution, you don’t overwhelm
yourself with having to learn every piece of the online component in one semester,
regardless of whether it is MyAccountingLab or some other solution. Additionally, this
allows you the flexibility to add other graded assignments later that first semester, if you
choose.
2. Define homework by chapter in your syllabi, rather than identifying specific
exercises or problems. During the first semester, as you and your students get
accustomed to the online resources, you may need to be more flexible. Further, this gets
your students used to looking “online” for their assignments.
3. Schedule one day in class in a computer lab (or some class time, if you can’t get
into a computer lab), to demonstrate. This allows you to gain a “captive audience” so
that you can show the class some of the resources you want them to use. It also allows
you to highlight some of the resources that they may find useful in their learning.
4. Use MyAccountingLab’s static/book match problems to demonstrate in class
problems or exercises. This is a good way to not only save you time in setting up in
class assignments, but also demonstrates to the student the completion ease of the
MyAccountingLab homework solution. I set up a “static” course that has all the book
match problems in it and use that course for demonstrating this in class.
5. Same as Item 4, except using only the Excel spreadsheets. Have the students print
out the Excel or PDF worksheets for book match/static questions before covering the
material in class. Again, this establishes the online centre as the “go to” place for students
to glean information.
6. The first assignments I give after demonstrating the online login/registration are
submitted via their online e-mail account. For this, I use the “e-mail students option”
from the gradebook. I submit their first assignment via e-mail to try in
myaccountinglab.com. This is a “bonus” points only assignment; the students are eager to
try online tools (no penalty—only bonus point reward) and it gets them registered more
quickly in myaccountinglab.com. I suggest using something like the built-in pre-test
chapter questions.
7. Have students give each other feedback. One of the problems with teaching online is
that giving feedback to all of your students all the time can quickly get out of control. The
way to deal with this is to have students give the initial drafts of their papers to other
students for feedback. You give a grade to the feedback based on how helpful the original
Loading page 15...
Preface
14
author finds it. Then you only have to review papers one time, and many of the problems
should be worked out before you see them.
8. Set up discussion forums. You might, for example, ask a critical thinking question on
one of the key chapter topics. Your students will have a certain amount of time to (1) post
an answer to your question, and (2) post a response or comment on the answer of another
student. You can offer extra credit for the “best” response.
Alternatively, you might ask students to answer one of the end-of-chapter or additional
online questions/case problems within a set period of time. The first one to respond can
get an extra credit point. The first student who “adds value” to the answer can also get an
extra point.
14
author finds it. Then you only have to review papers one time, and many of the problems
should be worked out before you see them.
8. Set up discussion forums. You might, for example, ask a critical thinking question on
one of the key chapter topics. Your students will have a certain amount of time to (1) post
an answer to your question, and (2) post a response or comment on the answer of another
student. You can offer extra credit for the “best” response.
Alternatively, you might ask students to answer one of the end-of-chapter or additional
online questions/case problems within a set period of time. The first one to respond can
get an extra credit point. The first student who “adds value” to the answer can also get an
extra point.
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Subject
Accounting