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Financial Accounting >> Content Detail



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The "Do" problems will help students prepare for class and do not have to be submitted. Optional problems ("Opt") are also included for some topics.

The chapters are drawn from this text: Amazon logo Stickney, Clyde P., and Roman L. Weil. Financial Accounting: An Introduction to Concepts, Methods, and Uses. 10th ed. Thomson South-Western, 2003. ISBN: 0324183518.

SES #TOPICSREADINGSPROBLEMS
L1Overview and Introduction to Financial Statements

Administrative Matters, Discussion of Accounting Framework
Chapter 1Do: 1-18, 1-21, 1-23

Opt: 1-19, 1-25, 1-29
L2The Balance SheetChapter 2Do: 2-11, 2-15, 2-20
L3The Income Statement and Principles of Accrual AccountingChapters 2 and 3Do: 2-27 (Using the Balance Sheet Equation instead of T-accounts), 3-11, 3-21
L4The Accrual Accounting Process of Preparing Financial StatementsChapters 2 and 3Do: 2-30, 3-14, 3-19
L5The Accrual Accounting Process of Preparing Financial Statements (cont.)Chapters 2 and 3Do: 3-24, 3-27, 3-40
L6The Accounting ProcessCase: Wilson, David A. "Chemalite, Inc." Boston, MA: Harvard Business School, 2003. Case No. 9-177-078.
L7Statement of Cash FlowsChapter 4, pp. 179-195, 210-214Do: The Cash Flow Problem

Do: 4-19, 4-22, 4-23, 4-28 (Without a T-account worksheet)
L8Statement of Cash Flows (cont.)

Financial Statement Analysis
Chapter 5Do: Calculate Ratios for Gateway and Dell Computers

Do: 5-14, 5-17, 5-22, 5-28
L9Receivables and Revenue RecognitionChapter 6Do: 6-14, 6-16, 6-19
L10Receivables and Revenue Recognition (cont.)Chapter 6Do: 6-24, 6-26
L11InventoriesChapter 7Do: 7-25, 7-33, 7-38, 7-45
L12Long-lived AssetsChapter 8Do: 8-21, 8-24, 8-37
L13Matching Principle for PP&EChapter 8 (cont.)
L14Current Liabilities and ContingenciesChapter 9 (up to pp. 485)

Case: Bruns Jr., William J., and Eric J. Petro. "Depreciation at Delta and Pan Am." Boston, MA: Harvard Business School, 1993. Case No. 9-190-035.
L15Time Value of Money

Long-term Debt
Case: Bruns Jr., William J., and Susan S. Harmeling. "Accounting for Frequent Fliers." Boston, MA: Harvard Business School, 1993. Case No. 9-192-040.Do: Assigned problems on Present Value Calculations, Chapter 9

Do: 9-26, 9-28, 9-33
L16Long-term Debt and LeasesChapter 10 (up to p. 546)
Do: 10-40, 10-41 
L17Deferred Taxes

Marketable Securities
Chapter 10 (up to p. 556)

Chapter 11 (up to p. 608)
Do: 10-29, 10-30

Do: 11-41, 11-44
L18Investments, and Business CombinationsChapter 11 (up to p. 635)Do: 11-25, 11-26
L19Business Combinations and Course ReviewChapter 11 (up to p. 635)Do: 11-52

 








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