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Fall 2008 semester: ACBU 2222, Principles of Financial Accounting
Office hours: 1:00-2:00 Mondays and Thursdays; Collins B-30

Announcements

Nov 20: The cumulative final exam is on Saturday, December 20 at 9.30am in FR 103. As you know, the financial statement analysis project is due on December 4. The final quiz will be given on the week we return from Thanksgiving break.

Nov 13: I've posted powerpoint slides for the liabilities and bonds payable topics we've covered. Please note that the interest expense numbers in these slides are calculated using the "effective interest" method, which is the material in Appendix B that we will not be covering (therefore, if it confuses you, you should skip it). The same goes for the "detour" on time value of money concepts.

Nov 10: Quiz on Thursday for chapters 9 and 10. Practice quizzes for chapter 9 have been uploaded. No practice quizzes for chapter 10, but you can refer to practice exam #2 for that material.

Oct 27: Please right-click here to download the evaluation form I was talking about during class. Lastly, I've also uploaded some slides for Chapter 9 material.

Oct 17: The latest version of our inventory class notes have been uploaded, so download that document again. I've also uploaded solutions to quiz #2. As we've talked about in class, the exam is on Thursday, October 23. Cell phones are NOT allowed during the exam, so please bring a calculator. There will be NO makeup exams. Class on this Monday (Oct 20) will finish off some miscellaneous topics in chapter 5, and then we will start the topics in chapter 9 (we are skipping chapters 7 & 8). I will NOT be having office hours on Thursday, the day of the exam, so please try to ask me questions as soon as possible.

Oct 10: Lots of new uploads today. First, class notes to the inventory concepts. As before, class notes are uploaded for both sections (2.30pm and 4.00pm); I encourage you to download both of them since I try to use different numbers in each class. So this is a key example of how seeing different numbers used for the same concepts can help solidify your learning. Second, I've uploaded some Powerpoint slides for inventory that you may want to go over.

Third, we've got practice exams up. Practice exam #1 includes concepts from Chapters 1-4. The inventory chapters (5-6), however, are included separately in Practice exam #2, which I've also uploaded, so you'll have to download those separately. Please note: Only the inventory-related topics in Practice exam #2 will be tested on the upcoming quiz and exam; you can ignore the other material that is in Practice exam #2.

Oct 7: Some announcements about some events coming up, which you can register for on CBAACCESS:

1. PwC's xtreme Tax Challenge. Students are asked to form teams of 5, they are given a case to solve (business solutions), and then present in front of PwC partners. This is a great way to learn teamwork, thinking outside of the box, presentation skills and networking. Everything takes places on this campus, no need for travel. The dates are as follows: Kickoff Date: 10/28/2008 Presentation Date: 11/11

2. Mario Gabelli, Founder and President of, Gabelli Funds (GAMCO) will be speaking on Tuesday, November 11th, 5:30-6:30pm. Great way for students to get an insight into what's happening in today's market, what are hedge funds and how to prepare themselves within today's economy.

Oct 6: Below, I've listed some tentative dates to keep in mind. As we've discussed, we will be dropping the lowest quiz in determining your course grade. Also note that there are no (none zero zilch nada) makeup exams.
     Oct 16: Quiz #2 (chapters 4-6)
     Oct 23: Midterm exam (chapters 1-6)
     Dec 4: Financial Statement Analysis project
     Dec 20: Final exam (cumulative)

Sept 29: Solutions to quiz #1 have been uploaded, as have class notes for the entire accounting cycle. As mentioned earlier, you need a special program to read the notes, which you can download from the links provided in the Sept 15 posting.

Sept 24: An announcement from the Dean: "Next week (Sep 29 to Oct 3) is "Access Your Future Week", CBA's Career Week on the Rose Hill campus. We are asking the students to wear business casual to class and to attend as many of our guest lectures as possible. Students who comply with the request will be entered into a raffle for some great prizes. Please join the business casual bandwagon and attend the events we have planned. Please have all students register for the events via CBAACCESS." Click here to check out the flyer for more info.

Sept 20: If you'd like a very good, quick summary of what's been going on with the financial crisis you keep hearing about, click here. I've also posted practice quizzes.

Sept 16: Three internships available that I am passing along to you. Right-click accordingly: Accounting/Finance, Marketing, General

Sept 15: I've updated the spreadsheet, so feel free to download it again. I've also included a link for the (publisher-provided) solutions to the assigned homework problems. Lastly, I've uploaded the class notes that we took today. They are in a format called "Windows Journal". To read the document, you will have to download a program called the "Windows Journal Viewer". You can do this in one of three ways: (1) by right-clicking here to download a virus-free version, or (2) click here to directly download from the Microsoft website, or (3) click here to search for alternative downloading options.

Sept 11: As promised, I've uploaded the spreadsheet we were working on today (re: transaction analysis). Right-click on your section time in the downloads section. Also, feel free to start emailing me with your three company picks for the project -- make sure the company is a publicly traded company! So far, Disney, Google, Coca-Cola, Whole Foods, Apple, Dell and Stryker are taken. Lastly, start thinking about something "unique" about you so you won't be put on the spot when I call on you...

Sept 9: Some repeat downloads. I've added "suggested homework problems" to the syllabus, so please download the document again using the links provided. I've also uploaded the 2008 version of the financial statement project, so please download that, as well. Lastly, slides for chapters 2 and 3 have also been posted.

Sept 6: As discussed in class (and in the syllabus), we'll be using the textbook Financial Accounting (6th ed) by Weygandt, Kimmel and Kieso. For purchasing options from the publisher's site, click here. On Monday, we'll start going through the major themes in Chapter 1. Meanwhile, feel free to browse through the "Financial project" by right-clicking here (or at the link to your right), which will be worth 15% of your course grade. Stay tuned for a possible update of this project...

Sept 3: Welcome back from summer break -- and welcome to the first day of class (for both of us!). Please bookmark this page, because we'll be using it as our primary source of communication throughout the semester. (We will not be using BlackBoard at all.) Please download the syllabus for the course by right-clicking here, or at the link in the Downloads section of the page to your right. Read the document carefully, because I view it as a contract between us. We'll talk more about it during class. Hope to see you there!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright © 2002-2008 John Shon

 

 


 

Downloads

2:30 cash flows notes
4:00 cash flows notes

Liabilities slides

2:30 liability notes
4:00 liability notes

Practice quizzes:
Q1 Q2 Q3 Q4 Q5

PPE slides

2:30 PPE notes
4:00 PPE notes

Receivables slides

2:30 receivables notes
4:00 receivables notes

Midterm A solutions
Midterm B solutions

Quiz #2A solutions
Quiz #2B solutions

Practice exam #2:
E1 E2 E3 E4 E5 E6 E7

Practice exam #1:
E1 E2 E3 E4 E5

Inventory slides

2:30 inventory notes
4:00 inventory notes

2:30 cycle notes
4:00 cycle notes

Quiz #1 solutions

Practice quizzes:
Q1 Q2 Q3 Q4 Q5 Q6

2:30 debits notes
4:00 debits notes

Homework solutions

2:30 trans spreadsheet
4:00 trans spreadsheet

Recording process slides

Transaction analysis slides

First class intro slides

Financial statement project

ACBU2222 Syllabus