




版權說明:本文檔由用戶提供并上傳,收益歸屬內(nèi)容提供方,若內(nèi)容存在侵權,請進行舉報或認領
文檔簡介
1、CourseDescriptionsoftheJointProgramofSoochowUniversity,China,andUniversityofVictoria,CanadaCourseTitle:InternationalAccountingIICourseNumber:TeachingHours:Credits:Pre-requisitecourses:I. CourseDescription:Financialaccountingprovidesinformationtopeopleoutsideofthecompany.Inthisintermediateaccountingc
2、ourse,thestudentslearnaboutfinancialaccountingaspracticedintheU.S.A.II. CourseBooks:IntermediateAccounting,6thEdition,bySpiceland,Sepe,Bamber,andNelson(McGraw-HillIrwin,ISBN0-07-811083-1).III. CourseOutlineCHAPTER1:ENVIRONMENTANDTHEORETICALSTRUCTUREOFFINANCIALACCOUNTINGLearningObjectives1. Describet
3、hefunctionandprimaryfocusoffinancialaccounting.2. Explainthedifferencebetweencashandaccrualaccounting.3. Definegenerallyacceptedaccountingprinciples(GAAP)anddiscussthehistoricaldevelopmentofaccountingstandards.4. Explainwhytheestablishmentofaccountingstandardsischaracterizedasapoliticalprocess.5. Ex
4、plainthepurposeoftheFASBsconceptualframework.6. Identifytheobjectiveoffinancialreporting,thequalitativecharacteristicsoffinancialreportinginformation,andtheelementsoffinancialstatements.7. DescribethefourbasicassumptionsunderlyingGAAP.8. Describethefourbroadaccountingprinciplesthatguideaccountingpra
5、ctice.CHAPTER2:REVIEWOFTHEACCOUNTINGPROCESSLearningObjectivesAnalyzeroutineeconomicevents一transactions一andrecordtheireffectsonacompanysfinancialpositionusingtheaccountingequationformat.1. Recordtransactionsusingthegeneraljournalformal.2. Posttheeffectsofjournalentriestogeneralledgeraccountsandprepar
6、eanunadjustedtrialbalance.3. Identifyanddescribethedifferenttypesofadjustingjournalentries.4. Recordadjustingjournalentriesingeneraljournalformat,postentries,andprepareanadjustedtrialbalance.5. Describethefourbasicfinancialstatements.6. Explaintheclosingprocess.7. Convertfromcashbasisnetincometoaccr
7、ualbasisnetincome.CHAPTER3:THEBALANCESHEETANDFINANCIALDISCLOSURESLearningObjectivesDescribethepurposeofthebalancesheetandunderstanditsusefulnessandlimitations.1. Distinguishamongcurrentandnoncurrcntassetsandliabilities.2. Identifyanddescribethevariousbalancesheetassetclassifications.3. Identifyandde
8、scribethetwobalancesheetliabilityclassifications.4. Explainthepurposeoffinancialstatementdisclosures.5. Explainthepurposeofthemanagementdiscussionandanalysisdisclosure.6. Explainthepurposeofanauditanddescribethecontentoftheauditreport.7. Describethetechniquesusedbyfinancialanalyststotransformfinanci
9、alinformationintoformsmoreusefulforanalysis.8. Identifyandcalculatethecommonliquidityandfinancingratiosusedtoassessrisk.9. DiscusstheprimarydifferencesbetweenU.S.GAAPandIFRSwithrespecttothebalancesheet,financialdisclosures,andsegmentreporting.CHAPTER4:THEINCOMESTATEMENTANDSTATEMENTOFCASHFLOWSLearnin
10、gObjectivesDiscusstheimportanceofincomefromcontinuingoperationsanddescribeitscomponents.1. Describeearningsqualityandhowitisimpactedbymanagementpracticestomanipulateearnings.2. Discussthecomponentsofoperatingandnonoperatingincomeandtheirrelationshiptoearningsquality.3. Definewhatconstitutesdiscontin
11、uedoperationsanddescribetheappropriateincomestatementpresentationforthesetransactions.4. Defineextraordinaryitemsanddescribetheappropriateincomestatementpresentationforthesetransactions.5. Describethemeasurementandreportingrequirementsforachangeinaccountingprinciple.6. Explaintheaccountingtreatments
12、ofchangesinestimatesandcorrectionoferrors.7. Defineearningspershare(EPS)andexplainrequireddisclosuresofEPSforcertainincomestatementcomponents.8. Explainthedifferencebetweennetincomeandcomprehensiveincomeandhowwereportcomponentsofthedifference.9. Describethepurposeofthestatementofcashflows.10. Identi
13、fyanddescribethevariousclassificationsofcashflowspresentedinastatementofcashflows.11. DiscusstheprimarydifferencesbetweenU.S.GAAPandIFRSwithrespecttotheincomestatementandstatementofcashflows.CHAPTER5:INCOMEMEASUREMENTANDPROFITABILITYANALYSISLearningObjectivesDiscussthegeneralobjectiveofthetimingofre
14、venuerecognition,listthetwogeneralcriteriathatmustbesatisfiedbeforerevenuecanberecognized,andexplainwhythesecriteriausuallyaresatisfiedataspecificpointintime.1. Describetheinstallmentsalesandcostrecoverymethodsofrecognizingrevenuefbrsometypesofinstallmentsalesandexplaintheunusualconditionsunderwhich
15、thesemethodsmightbeused.2. Discusstheimplicationsforrevenuerecognitionofallowingcustomerstherightofreturn.3. Identifysituationsthatcallfbrtherecognitionofrevenueovertimeanddistinguishbetweenthepercentage-of-completionandcompletedcontractmethodsofrecognizingrevenueforlong-termcontracts.4. Discussther
16、evenuerecognitionissuesinvolvingmultiple-deliverablecontracts,software,andfranchisesales.5. Identifyandcalculatethecommonratiosusedtoassessprofitability.6. DiscusstheprimarydifferencesbetweenU.S.GAAPandIFRSwithrespecttorevenuerecognition.CHAPTER6:TIMEVALUEOFMONEYCONCEPTSLearningObjectives1. Explaint
17、hedifferencebetweensimpleandcompoundinterest.2. Computethefuturevalueofasingleamount.3. Computethepresentvalueofasingleamount.4. Solveforeithertheinterestrateorthenumberofcompoundingperiodswhenpresentvalueandfuturevalueofasingleamountareknown.5. Explainthedifferencebetweenanordinaryannuityandanannui
18、tyduesituation.6. Computethefuturevalueofbothanordinaryannuityandanannuitydue.7. Computethepresentvalueofanordinaryannuity,anannuitydue,andadeferredannuity.8. Solveforunknownvaluesinannuitysituationsinvolvingpresentvalue.9. Brieflydescribehowtheconceptofthetimevalueofmoneyisincorporatedintothevaluat
19、ionofbonds,long-termleases,andpensionobligations.CHAPTER7:CASHANDRECEIVABLESLearningObjectivesDefinewhatismeantbyinternalcontrolanddescribesomekeyelementsofaninternalcontrolsystemforcashreceiptsanddisbursements.1. Explainthepossiblerestrictionsoncashandtheirimplicationsforclassificationonthebalances
20、heet.2. Distinguishbetweenthegrossandnetmethodsofaccountingforcashdiscounts.3. Describetheaccountingtreatmentformerchandisereturns.4. Describetheaccountingtreatmentofanticipateduncollectibleaccountsreceivable.5. Describethetwoapproachestoestimatingbaddebts.6. Describetheaccountingtreatmentofshort-te
21、rmnotesreceivable.7. Differentiatebetweentheuseofreceivablesinfinancingarrangementsaccountedforasasecuredborrowingandthoseaccountedforasasale.8. Describethevariablesthatinfluenceacompanysinvestmentinreceivablesandcalculatethekeyratiosusedbyanalyststomonitorthatinvestment.9. Discusstheprimarydifferen
22、cesbetweenU.S.GAAPandIFRSwithrespecttocashandreceivables.CHAPTER8:INVENTORIES:MEASUREMENTLearningObjectivesExplainthedifferencebetweenaperpetualinventorysystemandaperiodicinventorysystem.1. Explainwhichphysicalquantitiesofgoodsshouldbeincludedininventory.2. Determinetheexpendituresthatshouldbeinclud
23、edinthecostofinventory.3. Differentiatebetweenthespecificidentification,FIFO,LIFO,andaveragecostmethodsusedlodeterminethecostofendinginventoryandcostofgoodssold.4. Discussthefactorsaffectingacompanyschoiceofinventorymethod.5. UnderstandsupplementalLIFOdisclosuresandtheeffectofLIFOliquidationsonnetin
24、come.6. Calculatethekeyratiosusedbyanalyststomonitoracompanysinvestmentininventories.7. Determineendinginventoryusingthedollar-valueLIFOinventorymethod.8. DiscusstheprimarydifferencebetweenU.S.GAAPandIFRSwithrespecttodeterminingthecostofinventoryCHAPTER9:INVENTORIES:ADDITIONALISSUESLearningObjective
25、s1. Understandandapplythelowcr-of-cost-or-marketruleusedtovalueinventories.2. Estimateendinginventoryandcostofgoodssoldusingthegrossprofitmethod.3. Estimateendinginventoryandcostofgoodssoldusingtheretailinventorymethod,applyingthevariouscostflowmethods.4. Explainhowtheretailinventorymethodcanbemadet
26、oapproximatethelower-of-cost-or-marketrule.5. Determineendinginventoryusingthedollar-valueLIFOretailinventorymethod.6. Explaintheappropriateaccountingtreatmentrequiredwhenachangeininventorymethodismade.7. Explaintheappropriateaccountingtreatmentrequiredwhenaninventoryerrorisdiscovered.8. Discussthep
27、rimarydifferencesbetweenU.S.GAAPandIFRSwithrespecttothelowcr-of-cost-or-markctruleforvaluinginventory.CHAPTER10:PROPERTY,PLANT,ANDEQUIPMENTANDINTANGIBLEASSETS:ACQUISITIONANDDISPOSITIONLearningObjectivesIdentifythevariouscostsincludedintheinitialcostofproperty,plant,andequipment,naturalresources,andi
28、ntangibleassets.1. Determinetheinitialcostofindividualproperty,plant,andequipmentandintangibleassetsacquiredasagroupforalump-sumpurchaseprice.2. Determinetheinitialcostofproperty,plant,andequipmentandintangibleassetsacquiredinexchangeforadeferredpaymentcontract.3. Determinetheinitialcostofproperty,p
29、lant,andequipmentandintangibleassetsacquiredinexchangeforequitysecurities,orthroughdonation.4. Calculatethefixed-assetturnoverratiousedbyanalyststomeasurehoweffectivelymanagersuseproperty,plant,andequipment.5. ExplainhowtoaccountfordispositionsandexchangesforothernonmonetaryassetsIdentifytheitemsinc
30、ludedinthecostofaself-constructedassetanddeterminetheamountofcapitalizedinterest.6. Explainthedifferenceintheaccountingtreatmentofcostsincurredtopurchaseintangibleassetsversusthecostsincurredtointernallydevelopintangibleassets.7. DiscusstheprimarydifferencesbetweenU.S.GAAPandIFRSwithrespecttotheacqu
31、isitionanddispositionofproperty,plant,andequipmentandintangibleassets.CHAPTER11:PROPERTY,PLANT,ANDEQUIPMENTANDINTANGIBLEASSETS:UTILIZATIONANDIMPAIRMENTLearningObjectivesExplaintheconceptofcostallocationasitpertainstoproperty,plant,andequipmentandintangibleassets.1. Determineperiodicdepreciationusing
32、bothtime-basedandactivity-basedmethods.2. Calculatetheperiodicdepletionofanaturalresource.3. Calculatetheperiodicamortizationofanintangibleasset.4. Explaintheappropriateaccountingtreatmentrequiredwhenachangeismadeintheservicelifeorresidualvalueofproperty,plant,andequipmentandintangibleassets.5. Expl
33、aintheappropriateaccountingtreatmentrequiredwhenachangeindepreciation,amortization,ordepletionmethodismade.6. Explaintheappropriatetreatmentrequiredwhenanerrorinaccountingforproperly,plant,andequipmentandintangibleassetsisdiscovered.7. Identifysituationsthatinvolveasignificantimpairmentofthevalueofp
34、roperty,plant,andequipmentandintangibleassetsanddescribetherequiredaccountingprocedures.8. Discusstheaccountingtreatmentofrepairsandmaintenance,additions,improvements,andrearrangementstoproperty,plant,andequipmentandintangibleassets.9. DiscusstheprimarydifferencesbetweenU.S.GAAPandIFRSwithrespecttot
35、heutilizationandimpairmentofproperty,plant,andequipmentandintangibleassets.CHAPTER12:INVESTMENTSLearningObjectives1. Demonstratehowtoidentifyandaccountforinvestmentsclassifiedforreportingpurposesasheld-to-maturity.2. Demonstratehowtoidentifyandaccountforinvestmentsclassifiedforreportingpurposesastra
36、dingsecurities.3. Demonstratehowtoidentifyandaccountforinvestmentsclassifiedforreportingpurposesasavailable-for-salesecurities.4. Explainwhatconstitutessignificantinfluencebytheinvestorovertheoperatingandfinancialpoliciesoftheinvestee.5. Demonstratehowtoidentifyandaccountforinvestmentsaccountedforun
37、dertheequitymethod.6. Explaintheadjustmentsmadeintheequitymethodwhenthefairvalueofthenetassetsunderlyingtheinvestmentexceedstheirbookvalue.7. Explainhowelectingthefairvalueoptionaffectsaccountingforinvestments.8. DiscusstheprimarydifferencesbetweenU.S.GAAPandIFRSwithrespecttoinvestments.CHAPTER13:CU
38、RRENTLIABILITIESANDCONTINGENCIESLearningObjectives1. Defineliabilitiesanddistinguishbetweencurrentandlong-termliabilities.2. Accountfortheissuanceandpaymentofvariousformsofnotesandrecordtheinterestonthenotes.3. Characterizeaccruedliabilitiesandliabilitiesfromadvancecollection,anddescribewhenandhowth
39、eyshouldberecorded.4. Determinewhenaliabilitycanbeclassifiedasanoncurrentobligation.5. Identifysituationsthatconstitutecontingenciesandthecircumstancesunderwhichtheyshouldbeaccrued.6. Demonstratetheappropriateaccountingtreatmentforcontingencies,includingunassertedclaimsandassessments.7. Discussthepr
40、imarydifferencesbetweenU.S.GAAPandIFRSwithrespecttocurrentliabilitiesandcontingencies.CHAPTER14:BONDSANDLONG-TERMNOTESLearningObjectivesIdentifytheunderlyingcharacteristicsofdebtinstrumentsanddescribethebasicapproachtoaccountingfordebt.1. Accountforbondsissuedatpar,atadiscount,oratapremium,recordinginterestattheeffectiverateorbythestraight-lineme
溫馨提示
- 1. 本站所有資源如無特殊說明,都需要本地電腦安裝OFFICE2007和PDF閱讀器。圖紙軟件為CAD,CAXA,PROE,UG,SolidWorks等.壓縮文件請下載最新的WinRAR軟件解壓。
- 2. 本站的文檔不包含任何第三方提供的附件圖紙等,如果需要附件,請聯(lián)系上傳者。文件的所有權益歸上傳用戶所有。
- 3. 本站RAR壓縮包中若帶圖紙,網(wǎng)頁內(nèi)容里面會有圖紙預覽,若沒有圖紙預覽就沒有圖紙。
- 4. 未經(jīng)權益所有人同意不得將文件中的內(nèi)容挪作商業(yè)或盈利用途。
- 5. 人人文庫網(wǎng)僅提供信息存儲空間,僅對用戶上傳內(nèi)容的表現(xiàn)方式做保護處理,對用戶上傳分享的文檔內(nèi)容本身不做任何修改或編輯,并不能對任何下載內(nèi)容負責。
- 6. 下載文件中如有侵權或不適當內(nèi)容,請與我們聯(lián)系,我們立即糾正。
- 7. 本站不保證下載資源的準確性、安全性和完整性, 同時也不承擔用戶因使用這些下載資源對自己和他人造成任何形式的傷害或損失。
最新文檔
- 項目合作聯(lián)盟協(xié)議書
- 上海市店面轉租協(xié)議書
- 酒店資產(chǎn)收購協(xié)議書
- 鄰居建房責任協(xié)議書
- 車間職工勞動協(xié)議書
- 非標產(chǎn)品寄售協(xié)議書
- 返校就讀安全協(xié)議書
- 轉讓商鋪經(jīng)營協(xié)議書
- 車禍自行賠償協(xié)議書
- 鋪面場地出租協(xié)議書
- 中考模擬考試實施方案
- 上海市地方標準《辦公樓物業(yè)管理服務規(guī)范》
- (部編版)統(tǒng)編版小學語文教材目錄(一至六年級上冊下冊齊全)
- 四川省南充市2023-2024學年六年級下學期期末英語試卷
- 物理-陜西省2025屆高三金太陽9月聯(lián)考(金太陽25-37C)試題和答案
- 智能化完整系統(tǒng)工程竣工驗收資料標準模板
- 《當呼吸化為空氣》讀書分享
- 廣東省江門市語文小升初試卷與參考答案(2024-2025學年)
- 閥體結構優(yōu)化設計提升截止閥可靠性
- 八年級歷史下冊 第五單元 第15課《鋼鐵長城》教案 新人教版
- 常壓儲罐管理制度
評論
0/150
提交評論