Department of Career and Management Studies

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Department of Career and Management Studies

www.mcgill.ca/conted-cms/

Financial Accounting 2

CCFC 512 - Fall 2015

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Lecturer:          Ryan Abrams

        ryan.abrams@mcgill.ca

Day & Time:         Tuesdays & Thursdays 6:05pm-8:55pm

Location:        ENGMD 280

Required Text:         “Intermediate Accounting”, Kieso, Weygandt, Warfield, Young & Wiecek, Tenth Canadian Edition, Volume 2.

        A financial calculator is required, theTI BA II-Plus Financial calculator is highly recommended.

We are accessible by email for questions. We will do out best to respond to all questions in a timely manner, which normally means 24 hours. We do not have office hours; however, we are available after class for in-person questions.

Course Objectives

This course is a continuation of Intermediate Financial Accounting 1 and involves an examination of the theoretical foundation for financial reporting focusing on the ‘credit’ side of the Balance Sheet.  More specifically, we will cover liability, equity, and hybrid security recognition, measurement and disclosure.  While some of these topics are covered in the introductory class for a user perspective, this course examines the importance and the impacts of these accounting processes from a financial statement preparer’s point of view at an intermediate level.

Grading

2 Quizzes                 20%        

Mid-term exams1                40%

Final Exam2                   40%

                100%

1The Mid-term will be held in class and will last roughly 3 hours.

2The final exam is cumulative

Course Material:        Only non-programmable, no-tape, noiseless calculators are allowed. Calculators capable of storing text are not permitted in examinations.

Handheld devices capable of storing text and having calculator functionality (e.g. Palm, etc.) are not permitted. Language dictionaries are permitted.

The TI BA II PLUS  financial calculator is REQUIRED.

Academic Integrity:        Code of Student Conduct

McGill University values academic integrity. Therefore all students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Code of Student Conduct and Disciplinary Procedures (see www.mcgill.ca/integrity for more information).

Final Exam Policy:        Regulations

Students should not make other commitments during the final exam period.  Vacation plans do not constitute valid grounds for the deferral or the rescheduling of examinations.  See the Centre Calendar for the regulations governing Examinations:
   http://www.mcgill.ca/conted-students/exams/regulations/   
Students are required to present their I.D. Card (with photo) for entrance to their examination.

Conflicts

If you are unable to write your final examination due to scheduling conflicts, you must submit a Final Exam Conflict Form with supporting documentation at least one month before the start of the final examination period.  Late submissions will not be accepted.  For details, see

http://www.mcgill.ca/conted-students/exams/conflicts/ 

Exam Timetable

Examination schedules are posted at the Centre and on the following page approximately 6-8 weeks before the examination period commences

    http://www.mcgill.ca/conted-cms/exams/ 

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