THE UNIVERSITY OF TEXAS AT DALLAS

AIM 6332 – Issues in Financial Reporting

Spring 2005
Section 501 – Mondays – 7:00p.m. – 9:45p.m. – SOM 2.801

Instructor: Tiffany Bortz, CPA

Office: SOM 4.223
Phone: 972-883-4774
Email: tabortz@utdallas.edu
Office Hours: Tuesdays and Thursdays from 9:45a.m. – 11:00a.m.

Course Description:

This course is a continuation of topics in external financial reporting, including: issues related to the
measurement and reporting of current liabilities and contingencies, bonds, leases, deferred taxes,
pensions, stock-based compensation plans, shareholders equity, earnings per share, accounting
changes, and cash flows. Current generally accepted accounting principles for financial reporting are
analyzed as is their effect on the presentation of financial results by corporations and other entities.

Learning Objectives:

This course has four primary objectives:

(1) Continue to discuss financial accounting principles
(2) Continue to identify reporting requirements for corporate entities
(3) Continue to develop the skills to prepare financial statements in accordance with US GAAP
(4) Continue to identify the economic and social consequences of financial reporting

Course Prerequisite:

AIM 6330 or its equivalent. Students who have taken AIM 3332 – Intermediate Accounting II or its equivalent
may not take AIM 6332 for credit.

Course Materials:

Textbook: Intermediate Accounting, Third Edition, Volume 2 by Spiceland, Sepe & Tomassini

Calculator: Only basic function calculators that cannot store formulas are allowed.

Attendance:

It is critical to your success that you attend each class and take notes during the lectures. You should come
to class prepared, which means that you should have read the assigned material and reviewed the lecture
notes prior to attending class. Lecture Notes are available on WebCT for download. Office hours are not a
substitute for coming to class; accordingly, I will not go over material covered in class with you if you have
missed class. As a courtesy to others, please turn off your cellular phones while in the classroom.

1
 THE UNIVERSITY OF TEXAS AT DALLAS
AIM 6332 – Issues in Financial Reporting
Spring 2005
Section 501 – Mondays – 7:00p.m. – 9:45p.m. – SOM 2.801

Homework:

I have suggested exercises and/or problems to be worked for each chapter. While there will be no points
allocated to homework, there is a direct correlation between working problems and performing successfully
on examinations. It is your responsibility to ask for help when you feel you need it. You are encouraged to
ask questions.

Solutions to the suggested exercises and/or problems are posted on WebCT.

Exams:

There will be three examinations in this course. These examinations are not cumulative, and the format
of each exam will be a combination of multiple choice questions and problems. You will need an 882
Scantron for each exam.

Makeup exams are given only for excused absences, which must be determined prior to the exam. Excused
absences may be given for verifiable medical or family emergencies. Written documentation must be
provided to qualify for an “excused absence”. Students who do not show up for an exam without making
arrangements with me prior to the exam will receive a zero. I do not guarantee that the level of difficulty of
the makeup exam will be comparable to the exam given at the scheduled time. I will determine the date and
time of the makeup exam, and you must make arrangements to take it at that time.

Grades:

Your final grade in this course will be determined as follows:

Examination 1…………………… 100 points

Examination 2…………………… 100 points
Examination 3…………………… 100 points

TOTAL 300 points

Translation of the total score into a letter grade will be based on the instructor’s judgment. The letter
grade will reflect each student’s performance relative to the class and standards expected of graduate
students.

Academic Dishonesty:

Students are expected to be above reproach in all scholastic activities. Students who engage in academic
dishonesty are subject to disciplinary penalties, including the possibility of failure in the course and dismissal
from the university. “Scholastic dishonesty includes, but is not limited to cheating, plagiarism, collusion, the
submission for credit of any work or materials that are attributable in whole or in part to another person,
taking an examination for another person, any act designed to give unfair advantage to a student or the
attempt to commit such acts.” Regents’ Rules and Regulations, Part One, Chapter VI, Section 3, Subsection
3.2, Subdivision 3.22. Since academic dishonesty harms the individual, all students, and the integrity of the
university, policies on academic dishonesty will be strictly enforced.

2
 AIM 6332
COURSE OUTLINE

WK DATE TOPIC CH EXERCISES & PROBLEMS

1 1/10/05 Course Introduction 13 E13-3, E13-7, E13-9, E13-10, E13-14,

Current Liabilities & Contingencies E13-16, E13-17, P13-4

2 1/17/05 HOLIDAY – NO CLASS

3 1/24/05 Bonds 14 E14-4, E14-5, E14-7, E14-13, E14-14,

(Skip Part B) E14-17, E14-18, E14-19, P14-4

4 1/31/05 Leases 15 E15-1, E15-3, E15-4, E15-5, E15-6, E15-8,

(Skip Part B) E15-9, E15-10, E15-25, E15-26, P15-3

5 2/7/05 EXAMINATION 1

6 2/14/05 Accounting for Income Taxes 16 E16-4, E16-7, E16-9, E16-11, E16-23,
E16-24, E16-26, P16-7

7 2/21/05 Pensions 17 E17-1, E17-2, E17-3, E17-4, E17-5, E17-8,

(Skip Part D) E17-10, E17-19 (Omit #4), P17-2, P17-6,
P17-9

8 2/28/05 Employee Benefit Plans 18 E18-12, E18-14, E18-15, E18-17, E18-19,

(Skip Part A) E18-20, E18-22, P18-6

9 3/7/05 SPRING BREAK – NO CLASS

10 3/14/05 Shareholders’ Equity 19 E19-3, E19-5, E19-6, E19-7, E19-9,

E19-11, E19-13, E19-14, E19-15, E19-16,
P19-9, P19-10

11 3/21/05 EXAMINATION 2

12 3/28/05 Earnings per Share 20 E20-1, E20-4, E20-5, E20-10, E20-11,

E20-12, E20-13, E20-17, P20-7

13 4/4/05 Accounting Changes and 21 E21-1, E21-3 (Omit #4), E21-5, E21-8, E21-
Error Corrections 13, E21-17, E21-19, E21-22, E21-24

14 4/11/05 The Statement of Cash Flows 22 E22-1, E22-13, E22-16, E22-17, E22-24,
(Skip Part B) E22-26, E22-29, E22-30, P22-8 (Omit #1)

15 4/18/05 EXAMINATION 3