August 29, September 5, 7, and 12
Chapter 1 - Financial Reporting

August 31
Introduction to Financial Accounting Prerequisite Assessment Examination

• Core Competencies
  • LO 1-6
  • Fundamentals of the Sarbanes-Oxley Act
  • IFRS basics

• Key Chapter Exhibits
  • 1-2
  • 1-4
  • 1-5
  • 1-6
  • 1-7
  • 1-8

• Business Week Special Report: The Crisis in Corporate Governance (total printed pages - 7)
  • How to Fix Corporate Governance
  • Executive Pay
  • The Board
  • Accounting
  • Analysts
  • Regulators
  • Leadership
  • The Corporate Cleanup Goes Global

September 14, 19, 21, 26, and 28
Chapter 3 - The Balance Sheet and Notes to the Financial Statements

• RAT
  • September 14

• Guest Speakers: Cole Malcolm and Cody Meglio, Ernst & Young, Charleston
  • September 19 - Thomas 209

• Core Competencies
  • LO 1-5

• Key chapter exhibits

  3-2 3-3 3-4

  3-9 3-10

• NextEra Energy 2010 annual report (PDF)
• Wells Fargo & Company 2010 annual report (PDF)
• Siemens AG 2010 annual report(PDF)
• Chapter 3 Ratios Template (Excel)

October 5, 12, 17, 19, 24, and 26
Chapter 4 - The Income Statement

• RAT
  • October 5

• Core Competencies
  • LO 1-6

• Key Chapter Exhibits
  • 4-2

• Wells Fargo & Company 2010 annual report (PDF)
• Siemens AG 2010 annual report(PDF)
• Chapter 4 Ratios Template (Excel)

October 31, November 2, 7, 9, and 14
Chapter 5 - Statement of Cash Flows and Articulation

• RAT
  • October 31

• Core Competencies
  • LO 1-6

• Key Chapter Exhibits

  5-1 5-2 5-3 5-4

  5-5 5-8 5-9 5-11

• Chapter 5 Ratios Template (Excel)
• "The Power of Cash Flow Ratios", John R. Mills and Jeanne H. Yamamura, Journal of Accountancy, October 1998 -- please read for November 9

• NextEra Energy 2010 annual report (PDF)
• Wells Fargo & Company 2010 annual report (PDF)
• Siemens AG 2010 annual report(PDF)
• SEC complaint: Delphi Corporation and various employees (PDF pages 2, 4, 28-29)
• Delphi income statement FY 2000
• Delphi balance sheet FY 2000
• Delphi cash flow statement FY 2000

November 16, 21, 28, and 30
Chapter 23 – Analysis of Financial Statements

• RAT
  • November 16

• Core Competency
  • LO 1, 2

• Key Chapter Exhibits
  • 23-1
  • 23-3
  • 23-5
  • 23-7

• XBRL elements and labels

December 5 and 7
Chapter 6 - Earnings Management

• RAT
  • December 5

• Core Competencies
  • LO 1-4

• Key Chapter Exhibits
  • 6-3
  • 6-4
  • 6-8

• Online resources
  • List of IPO Filings from Hoovers.com
  • "Fuzzy Numbers" Business Week October 4, 2004, article
  • "How Leases Play a Shadowy Role in Accounting", Jonathan Weil. The Wall Street Journal, September 22, 2004.
  • Levitt speech (footnoted at bottom of text page 292)
  • Maynard Manufacturing case study from Strategic Management magazine
  • AICPA Code of Professional Conduct
  • IMA Statement of Ethical Professional Practice