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ACCT 303.001 Intermediate Accounting ISyllabus – Fall 2019 MWF 11AM-11:50AMInstructor: Tereesha PattersonEmail: tpatterson1@usi.eduPhone: 812-464-1964Office Hours: MW 8a-10a & 3:30p-4:30p or by appointmentOnline Meeting:Office Number: BE2083 Classroom: BEC 00033 Credit hoursPrerequisite(s): ACCT 202Course DescriptionACCT 303 is required of all accounting majors and represents an intensive study and application of thegenerally accepted accounting principles (GAAP) for asset valuation, income measurement, and financialstatement presentation for business organizations, including the processes through which GAAP hasevolved. The emphasis in this course is on the basic financial statements and related footnotes, the timevalue of money, the valuation and presentation of assets, current liabilities, and related incomestatement accounts, and other special accounting topics.Course Learning OutcomesBy the end of this course, students should be able to: Demonstrate an understanding of the development of financial accounting standards and theaccounting information system flow.Prepare a balance sheet and an income statement and discuss the statement of cash flows.Demonstrate basic accounting research skills.Identify accounting topics where time value of money is relevant and apply expected cash flowsto present and future value measurement.Apply GAAP to asset valuation, revenue recognition, and revenue measurement.Program Learning Objectives ACCT 303 is one of 3 courses designed to prepare accounting majors to prepare and interpretfinancial statements, analyze company performance and apply GAAP to financial transactions.Textbook and ApplicationsYou are required to have: Intermediate Accounting (2nd Edition), Gordon, Raedy and Sannelle,Pearson Publishing ISBN 978-0-13-4730370 with “My Accounting Lab” access code. Top HatApplication. Be sure to purchase a year-long access to Top Hat and save your My Accounting Labcode. You will use them for ACCT 304 if you are in one of my classes.Page 1 of 9

Grading, Assignments, and Exam PoliciesRequirementsPointsFour Exams400Comprehensive Final exam200My Accounting Lab Homework150Projects - Top Hat80Quizzes130960Final Points may vary from the above total.Percentage 89.1-100PointsAPercentage 960-85586.1-89B 854-82779.1-86B826-75976.1-79C 758-73169.1-76C730-66366.1-69D 730-63559.1-66D662-63459.10%F 633Course PoliciesATTENDANCE/PARTICIPATIONAttendance and class participation are important and expected. Lack of class participation and more thanthree unexcused absences is considered excessive and may be reflected in the final grade (see noteunder GRADES later in the syllabus). “Attendance” is recorded as participation on the courseassignments. If you have what the professor deems to be, an excessive lack of assignmentparticipation at week 6 in the semester, you will be administratively withdrawn from the course.DEPORTMENT/PROFESSIONAL DEVELOPMENTGood and professional behavior is expected in this and all business courses and your grade may beaffected due to, but not limited to, misuse of technology (e.g. texting, browsing internet, phoneringing/vibrating, etc.) during class time, lack of respect for each other and/or the professor, poorlyworded or rude emails, excessive abscesses (more than 3), tardiness, lack of class participation, lack ofparticipation in team activities, leaving class early without notification to professor, etc. – this is at thediscretion of the professor (see note for GRADES later in syllabus).HOMEWORKHomework assignments are to ensure that you are comprehending current material being covered. Youwill have, in general, a short homework assignment after each class period. This is to ensure that youreview what was done in class that day to help solidify the material in your brain (this is a good habit toform in ALL of your courses whether assigned in this method or not). You may work on the homework atdifferent times (the assignment does not have to be completed in one sitting) and you can work/reworkeach exercise/problem as many times as needed to fully grasp the material up to the due date/time of theassignment (i.e. thereby improving your score as well) – Therefore, you should work on homeworkassignments IN ADVANCE of the due date! The homework assignments are a tool to allow you thePage 2 of 9

opportunity for more practice of the concepts in the chapter and those covered in class. Workingdiligently and fully understanding the homework assignments will be a good first step in preparation forupcoming exams. You should NOT fully rely on the homework as your only preparation for theexams.QUIZZESYou will be tasked with multiple quizzes this term. The syllabus quiz will cover the syllabus andrequirements of the course. You will be given one hour to complete the quiz which must be completed by11:59pm CST on the first day of classes (in Connect via BlackBoard – you must complete the quiz in onesitting – i.e. once you start the quiz you must complete it prior to logging out – there is NO secondattempt on this quiz). If you are not registered for class or do not have appropriate technology to take thequiz you will not be allowed to make up the quiz and you will receive a grade of 0. The team quizzes willbe completed during class on Connect (accessible via BlackBoard) as denoted in the course calendar andwill cover each module (teams will be assigned by the professor); each student needs to have access toBlackBoard/Connect during Team Quiz days as each student is required to submit the quiz by 11:59pmthat day (each student will submit the quiz for grading and is responsible for having compatibletechnology in class to begin the quiz – students who do not have appropriate technology during class orwho are absent on team quiz days will be required to work on their own and complete the quiz by11:59pm on the scheduled team quiz day per the course calendar!). Team quizzes may be attempted anunlimited amount of times up until the due date/time per the course calendar. However, please be awarethat your final attempt WILL be your grade!!EXAMSExams will be periodically given during scheduled class time. It is my intention that exams will beadministered online during the scheduled class period per the course calendar. We will not meet duringthe regularly scheduled class time covered by an allotted exam due to class-time constraints. You need tohave access to a reliable laptop or tablet that is compatible with Connect – accessible via BlackBoard (itis your responsibility to ensure compatibility PRIOR to taking the exams). You will NOT be allowed totake the exam except during the scheduled time unless prior accommodations have been made (notowning a laptop or tablet is not an excuse – laptops and tablets are available for checkout in the libraryand you have access to computer labs on campus as well). You will be given 2 hours to complete theonline exam over a 3-day period as outlined in the course calendar – once you start the exam you mustfinish it in that sitting (do not log out, you will NOT be allowed to log back into the exam).Exams are NOT intended to be identical to homework assignments; students are expected to take whatyou have learned and apply that knowledge to new and different situationsExtra CreditThere will be a few opportunities for extra credit during the semester. You will be notified in advance,this will not lower your grade and the amount of points are my discretion.Page 3 of 9

ACADEMIC DISHONESTYAcademic dishonesty will not be tolerated in any form and will result in a grade of “0" for theexamination or assignment and, potentially, a failing grade in the course. The instructor may alsopursue the option of starting proceedings to have a student expelled from the University for AcademicDishonesty.ELECTRONIC DEVICESCell phones should be turned “off” or, if you are experiencing an emergency situation (speak toprofessor prior to the start of class), on “silent” (NOT on vibrate) before entering the classroom. Textingor using your cell phone is strictly prohibited during class and any deviation from this WILL result in areduction of the student’s overall grade in the course. Taking pictures of notes on the board, as well asvideo-taping or recording the class lectures is strictly prohibited! Computer laptops/tablets shouldonly be used during class for taking notes or following along with an online textbook. SeeAttendance/Participation policy above for more information.Academic DishonestyStudents are expected to maintain complete honesty and integrity in the academic experiencesboth in and out of the classroom. Any student found guilty of dishonesty including, but notlimited to, plagiarism and/or cheating on an examination will be subject to disciplinary action.For more information, please visit ity.Diversity IssuesThe pursuit of an intellectually open setting for class discussions is one of the goals of thecourse. Students should feel free to articulate respectfully different perceptions of the socialworld; however, belittling, abusive, and discriminatory language will not be tolerated under anycircumstances. For more information, please visit http://www.usi.edu/diversityresources/ .Disability StatementIf you have a disability for which you may require academic accommodations for this class,please register with Disability Resources (DR) as soon as possible. Students who have anaccommodation letter from DR are encouraged to meet privately with course faculty to discussthe provisions of those accommodations as early in the semester as possible. To qualify foraccommodation assistance, students must first register to use the disability resources in DR,Science Center Rm. 2206, 812-464-1961, www.usi.edu/disabilities. To help ensure thataccommodations will be available when needed, students are encouraged to meet with coursefaculty at least 7 days prior to the actual need for the accommodation. However, if you will be inan internship, field, clinical, student teaching, or other off-campus setting this semester pleasenote that approved academic accommodations may not apply. Please contact DisabilityResources as soon as possible to discuss accommodations needed for access while in thissetting.Page 4 of 9