Course Schedule
Acct 202-01
Introduction to Financial Accounting
Spring 2008

Acct 202 Home Page
Updated on 17-April-2008

Click on Date to View the Day's Activities:

1/22 | 1/24 | 1/29 | 1/31 | 2/5 | 2/7 | 2/12 | 2/14 | 2/19 | 2/21 | Examination I | 2/26 | 2/28 | 3/4 | 3/6 | 3/18 | 3/20 | 3/25 | 3/27 | Examination II | 4/1 | 4/3 | 4/8 | 4/10 | 4/15 | 4/17
Financial Statement Analysis Project (4/22)| 4/22 | Examination III | 4/24 | 4/29 | 5/1

January 22, 24, and 29

Chapter 1 - Introduction to Accounting and Business

Core Competencies
  • Learning Objectives 1-3 (1/22)
  • Learning Objective 4 (1/24)
  • Learning Objective 4-5 and success skills (1/29)

Key Chapter Exhibits
  • Exhibits 1, 3, 5, 6
  • Page 12 - the Accounting Equation

Skills & competencies needed in accounting (from the University of Wisconsin - River Falls Career Services Office)

Southwest Airlines 2006 annual report (PDF)

Home Depot 2006 annual report (PDF)

January 31, February 5, and 7

Chapter 2 - Analyzing Transactions

RAT

January 31

Name of the second company for your Financial Statement Analysis project

January 31, 4:00pm

Core Competencies
  • Learning Objective 1 (1/31, 2/5)
  • Learning Objectives 2-4 (2/5, 2/7)

Key Chapter Exhibits
  • Exhibits 1, 2, 3, 4, 5, 7, 8
  • Page 54, figure above Example Exercise 2-1

February 12 and 14

Chapter 3 - The Adjusting Process

RAT

February 12

Core Competencies
  • Learning Objectives 1-3 (2/12)
  • Learning Objectives 3-4 (2/14)

Key Chapter Exhibits
  • Exhibit 1
  • Exhibit 2
  • Exhibit 4

It's Just Lunch Web site

PowerPoint slides for February 12

February 19 and 21

Chapter 4 - Completing the Accounting Cycle

RAT

February 19

Core Competencies
  • Learning Objectives 1-2 (2/19)
  • Learning Objectives 2-4 (2/21)

Financial Statement Analysis Project: Industry overview/ and significant issues facing companies operating in the industry

February 21, 4:00pm

Key Chapter Exhibits
  • Exhibit 1

Southwest Airlines 2006 annual report (PDF)

Home Depot 2006 annual report (PDF)

Distributed February 21, return no later than February 26, 4:00pm
Examination I - Chapters 1, 2, 3, and 4

February 26, 28, and March 4

Chapter 6 - Accounting for Merchandising Businesses

RAT

February 26

Core Competencies
  • Learning Objectives 1-2 (2/26)
  • Learning Objective 3 (2/28)
  • Learning Objectives 3-4 (3/4)
  • Appendix 2 (3/4)

Key Chapter Exhibits
  • Exhibits 1, 2, 3, 4, 5, 6, 8, 11
  • Page 251 blue box

Home Depot 2006 annual report (PDF)
Southwest Airlines 2006 annual report(PDF)

March 6

Chapter 16 - Statement of Cash Flows

RAT

March 6

Core Competencies
  • Learning Objectives 1, 2 (3/6)
  • Analyzing the patterns in a cash flow statement(3/6)

Key Chapter Exhibits
  • Exhibits 1, 2, 3, 4, 5, 6, 7

Deere & Company 2006 annual report (PDF)

Home Depot 2006 annual report (PDF)

March 18 and 20

Chapter 7 - Inventories

RAT

March 18

Core Competencies
  • Learning Objectives: 1-2 (3/18)
  • Learning Objectives: 3, 5-7 (3/20)

Key Chapter 7 Exhibits
  • Exhibits 1, 3, 4, 7, 10
  • Page 309 illustration

Home Depot 2006 annual report (PDF)

March 25, 27, and April 1

Chapter 8 - Sarbanes-Oxley, Internal Control, and Cash

RAT

March 25

Financial Statement Analysis Project: Companies' overview/key challenges faced by these companies

March 28, 4:00pm

Core Competencies

Key Chapter 8 Exhibits
  • Exhibits 1, 2, 3, 4, 7

Distributed March 27, return no later than Friday, April 4 at 11:00am in hard copy to Paula Lewis (Thomas 122)
Examination II - Chapters 6, 16, 7, 8

April 3 and 8

Chapter 9 - Receivables

RAT

April 3

Core Competencies
  • Learning Objectives 1, 2, 4 (4/8)
  • Learning Objective 6 (4/3)

Key Chapter Exhibits
  • Exhibits 1, 2, 4
  • Page 398 and 406 illustrations

The Boeing Company 2007 annual report (PDF) [see pages 44, 57]

April 10, 15, 17, and 22

Chapter 10 - Fixed Assets and Intangible Assets

RAT

April 10

Financial Statement Analysis Project

Due at 4:00pm, April 22

Core Competencies
  • Learning Objectives 1, 2 (4/10)
  • Learning Objectives 2, 4, 5 (4/15 and 4/17)
  • Learning Objective 3(4/22)

Key Chapter Exhibits
  • Exhibits 2, 3, 6, 9, 11
  • Page 439 illustration

Home Depot 2006 annual report (PDF)


Article: "How Leases Play A Shadowy Role In Accounting Despite a Post-Enron Push, Companies Can Still Keep Big Debts Off Balance Sheets"

The Motley Fool: Capital v. Operating Leases (see section on Gap and UA, located mid-way through the article)

April 24

Chapter 11 - Current Liabilities

RAT

April 24 - you will be asked to define five of the following terms: current liabilities, installments, gross pay, deductions, net pay, responsibility for tax payments, contingent liabilities, probable, reasonably estimated

Core Competencies
  • Unearned revenues (4/24)
  • Learning Objectives 1, 2, 5 (4/24)

Key Chapter Exhibits
  • Exhibit 4, 10
  • Page 481 table

Take-home portion (financial statement preparation/analysis and WSJ article discussion) Distributed April 25; return no later than 12:00pm noon, Wednesday, May 7. In-class portion (35 multiple choice questions, open book/open note) scheduled for Wednesday, May 7, 12:00pm noon - 2:30pm.
Examination III - Chapters 9, 10, 11, 13, 15, and financial statement analysis

April 29

Chapter 15 - Bonds Payable

RAT

No RAT

Core Competencies
  • Learning Objectives 1, 2, 3, and 4 (4/29)

Key Chapter Exhibits
  • Exhibits 1, 2, 3, 4
  • Page 653 illustrations

May 1

Chapter 13 - Corporations: Organization, Stock Transactions, and Dividends

RAT

May 1

Core Competences
  • Learning Objectives 1-3 (5/1)
  • Learning Objectives 4-7 (5/1)

Key Chapter Exhibits
  • Exhibit 1, 2, 5, 7
  • Page 572 illustrations
  • Page 578 illustrations
  • Page 586 illustration

Updated on 17-April-2008
Acct 202 Home Page