Bankruptcy in the United States and Comprehensive Final Exam Essay

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ACC 201 Section 1001 – FINANCIAL ACCOUNTING I – Spring 2011

General Information:
Instructor: Dr. Chad A. Simon, PhD
Department: Accounting Section Number: 1001
Prerequisite: Sophomore Standing
Building & Room: WRI C-148
Day & Time: M & W: Section 1001 – 10:00 am – 11:15 am

Office Information:
Office: BEH 402 Office Phone: (702) 895-3768 E-Mail: chad.simon@unlv.edu
Office hours: M & W 8:30 – 9:30 am and 11:30 – 12:30 pm
Web Campus Address: http://webcampus.unlv.edu
Connect URL: http://connect.mcgraw-hill.com/class/c_simon_spring_2011_acc_201_section_1001

Textbook: Phillips, Libby, & Libby Fundamentals of Financial Accounting (with 2008 Home Depot Annual Report).

Connect Software: New textbooks will come with the code you will need to create an account for the online homework system called Connect. This program can be accessed utilizing the URL listed above and you will submit your homework assignments (other than Writing and Excel Assignments) using this website. You can also use the Study and Practice sections of Connect to complete chapter review tutorials, page activities, self tests, and to check key figures for the assignment material. If you purchase a used book, you will have to separately purchase access to Connect directly from the Connect website. NOTE: You cannot register for Connect until after we meet for the first day of class.

Calculator: The ONLY calculator that may be used during examinations is a SHARP ELSI MATE EL-233S calculator. You can purchase this calculator at the bookstore.

Course Objectives:

The primary objective of this course is for students to understand accounting as an information development and communication function that supports economic decision-making. Students will gain an understanding of the basic elements of financial statements and the arrangement of these elements into formal financial statements.

Learning Outcomes:

Written communication, interpersonal skills, teamwork, interpretation of financial statement information, critical thinking, ethics and an understanding of the international aspect of accounting are educational goals that have been incorporated into this course. You will develop these skills through the Examples, Homework, Lectures, etc.

Writing Assignments:

These assignments typically require you to consider accounting issues (for example, reporting requirements, company analysis, ethical questions, etc.). The writing assignment will involve correcting a document that contains multiple errors.

Excel Assignment:

This assignment aims to help you become more familiar with Excel. Excel is a vital tool in both accounting and business. The assignment must be appropriately formatted and printed and must include formulas where necessary. You will e-mail me your assignment. Do not copy Anyone’s work. Each file will be checked and any inappropriate behavior will be properly handled according to university and department policy. Speaker Letter:

We will have guest speakers during the semester. The guest speakers will be professionals that will give their insights into the accounting profession, business, and/or education. The speaker letter will be a one page, single spaced, 10PT font professional paper that will be due the class following the presentation. The paper will be worth 10 points (5 points for attendance and 5 points for the written assignment; the written portion must be turned in to receive any points).

Connect Homework Problems:

Homework exercises listed on the syllabus will be completed utilizing the online Connect software. This homework will build a foundation for exam material. Connect homework assignments include mini exercises and exercises. There are 12 assignments at 10 points each. The homework with the lowest grade will be dropped. Only 11 of the 12 assignments will count towards your grade.

Exams:

You will take three regular exams and…