Module 1, 2012-13 Syllabus (as of 9 Sept 2012)
NOTICE: *** Added SATURDAY 17 Nov. The Final Exam and your Course Grades have been loaded. Job well done folks! Mean final exam is 90.7 Median course grade is 90.8. Thank you for taking, and completing this important foundational course. We learned a great deal of material in a short time. I wish you each much continued success and I hope to see you again in a future class of mine. All the best to you! :-)
NOTICE: *** Added WEDNESDAY 14 Nov. The grades for the homework assignements have been loaded...VERY IMPRESSIVE FOLKS!!!
NOTICE: *** Added MONDAY 12 Nov. Quiz #4 grades are loaded. The class mean average is 85.6, median score is 85.0. 81% scored 80 or greater. Top score is 100.0; low is 60.0. Mode is 90.0 (10 scores). Standard Deviation is 7.9
NOTICE: *** Added Monday 5 Nov. The FINAL EXAM schedule has been finalized. The Final Exam for this course will be held SATURDAY, 17 Nov., 8:00am-11:00am at the Bldg D Theater. The offical days for finals of other courses is the following Monday and Tuesday. By this course having the exam on the Saturday, it will free-up the rest of your weekend to focus on your other courses. I believe this plan benefits you, hopefully! Moreover, the advanced instructions and clues for our final exam will be available via a link in the private area of this website after the completion of Quiz #4 (next Monday).
NOTICE: *** Added FRIDAY 2 Nov. The rescheduled class meeting planned for Wednesday, 7 Nov 3:00-4:50 will be held in room C203.
NOTICE: *** Added WEDNESDAY 31 Oct. The next class meeting THURSDAY 1 NOVEMBER IS CANCELED. In its place, we will have a class meeting on Wednesday, 7 Nov 3:00-4:50, room TBA. Homework due dates is UNCHANGED. That is, 14A-4 and Sanchez Ch 13 remains due the morning of 1 Nov; 15A-4 and Sanchez Ch 14 remains due 5 Nov; and, 16A-4 and Sanchez Ch 15 remains due 8 Nov. Class lectures will continue in the natural order: Monday 5 Nov will be Ch. 14; Wed. 7 Nov will be Ch. 15; and Thu 8 Nov will be Ch 16. Please spread the word of this change to your classmates. Thank you.
NOTICE: *** Added MONDAY 29 Oct. Quiz #3 grades are loaded. The class average is 88.7, median score is 90.0. Std Dev = 6.53. N=71. The mode is 92.5 with 15 students having that score. Top score is 97.5 (5); low is 67.5(1).
NOTICE: *** Added MONDAY 15 Oct. Quiz #2 grades are loaded. The class average is 78.8, median score is 80.0. 66% scored 80 or greater. Top score is 97.5; low is 55.0.
NOTICE: *** Added THURSDAY 11 Oct. TA sessions will be set at 8:00-9:00P.M. every Friday at C102, including this week.
NOTICE: *** Added WEDNESDAY 3 Oct. With the ongoing aim of covering both domestic and international material in this course (and PHBS overall), a small collection of OPTIONAL readings are available to you HERE. These materials provide a good overview of China GAAP and of Employee Payroll processing, computation and taxes. Material in these readings are NOT covered in any course exams, but are important readings for your future.
NOTICE: *** Added MONDAY 1 Oct. Details for Quiz #1 have been added to the student workbench; where your quiz score is posted, explainations of your wrong answers are now listed besides the score in the comments column.
NOTICE: *** Added THURSDAY 27 Sep. There will ne no TA session on Friday 28 Sept. Enjoy your holiday!
NOTICE: *** Added MONDAY 24 Sep. Quiz #1 grading is finished; your individual grades are available via your web account. The class average is 91.7; very good scores! Standard deviation is 6.2 Median is 92.5. N=74. Max=100 (3 scores) Min=65. 57 scores (77%) were 90 or above!
NOTICE: *** Added SATURDAY 22 Sep. Future TA session will regularly be held on Fridays 8:00-9:00pm. Class WILL BE held 8 and 11 Oct instead of being rescheduled.
[Pages for Enrolled Students Only]
EXTRA FUN GOODIES:
Deloitte China Tax Highlights 2012
Deloitte Comparison between PRC GAAP and IFRS 2005
Deloitte IFRS and US GAAP pocket comparison 2008
Deloitte CASPlus - A Resource for China Accounting Standards
Deloitte China's New Accounting Standards 2006
Deloitte IFRS E-Learning (Free)
|Class Meeting Number||Class Meeting Date / Day||Topic(s)||
Readings-Read before class
Homework Excercises - due before class--
Chapter Group A Problems
Sanchez Problem - due before class
|1||10-Sep Monday||Course Intro; Accounting Concepts and Procedures||none||none||none|
|2||13-Sep Thursday||Debits & Credits: Analyzing and recording transactions||Ch 1 & 2||
1A-1 thru 1A-3
|none||Create Student Account on website|
|3||17-Sep Monday||Beginning the Accounting Cycle||Ch 3||
3A-1 thru 3A-2
|Ch 1 & 2|
|4||20-Sep Thursday||The Accounting Cycle Continued||Ch 4||4A-1 thru 4A-2||Ch 3|
|5||24-Sep Monday||The Accounting Cycle Completed||Ch 5||5A-1 thru 5A-3||Ch 4||QUIZ #1 at start of class|
|6||27-Sep Thursday||Banking Procedure and Control of Cash||Ch 6||6A-3||Ch 5|
|7||8-Oct Monday||Calculating Pay and Payroll Taxes: Beginning of the Process||Ch 7||Sullivan Realty Mini Practice Set (Ch. 5, pp.204-219) & 7A-4||Ch 6|
|8||11-Oct Thursday||Paying. Recording, and Reporting Payroll and Payroll Taxes: The conclusion of the payroll process||Ch 8||8A-2||Ch 7|
|9||15-Oct Monday||Sales and Cash Receipts||Ch 9||9A-1||Ch 8||QUIZ #2 at start of class|
|10||18-Oct Thursday||Purchases and Cash Payments||Ch 10||10A-1||Ch 9|
|11||22-Oct Monday||Preparing a Worksheet for a Merchandise Company||Ch 11||11A-2||Ch 10|
|12||25-Oct Thursday||Completion of the Accounting Cycle for a Merchandise Company||Ch 12||12A-3||Ch 11|
|13||29-Oct Monday||Accounting for Bad Debts||Ch 13||13A-4||Ch 12||QUIZ #3 at start of class|
Lecture Changed to: 5-Nov Monday
|Notes Receivable and Notes Payable||Ch 14||14A-4||Ch 13|
Lecture Changed to:7-Nov Wednesday3:00 C203
|Accounting for Merchandise Inventory||Ch 15||15A-4||Ch 14|
|16||8-Nov Thursday||Accounting for Property, Plant, Equipment, and Intangible Assets||Ch 16||16A-4||Ch 15|
|17||12-Nov Monday||Statement of Cash Flows||Ch 21||21A-1, 21A-2 OPTIONAL||none||QUIZ #4 at start of class|
|18||15-Nov Thursday||Analyzing Financial Statements||Ch 22||22A-1 OPTIONAL||none|
|FINAL EXAM||17-Nov SATURDAY 8:00am-11:00am||FINAL EXAM (3Hrs) Location: Bldg D Theater||FINAL EXAM|