Professional Documents
Culture Documents
Instructor
Tai-Yuan (Ted) Chen
Office: SOM 4.429
Phone: 972-883-4434
Email: taiyuanchen@student.utdallas.edu
Office Hours: Wednesday & Thursday 16:00 – 17:00 or by appointment
И. Course Materials
1. Financial Accounting-The Impact on Decision Makers (The Alternatives to Debits and
Credits) 4th Edition by Porter and Norton. Any associated study guides are optional.
2. Lecture notes on Webct (webct.utdallas.edu)
Webct: Please log in to the Webct with your UTD username and password. Once you log in, you will
find the homepage of this course. The site of this course will include lecture notes, class handouts,
course information, and important announcements.
Note: The School of management prohibits the distribution of handouts in class. It’s your
responsibility to print out the notes and bring them to the class.
5 quizzes 15 %
First Exam 35%
Final Exam 45%
Class Participation 5%
Total 100%
Tentative Topic Class Assignment
1. Introduction and overview of Financial Read: Chapter 1 and Chapter 2
Statements
1 5/19 2. Balance Sheet
-Terminology and Classifications
- Accounting equation and transactions
1. Income Statement Read: Chapter 4
-Revenue and Expense recognition Case: (1) Continental Airline
-matching principle (2) Costco
2 5/26 -accrual accounting
2. Adjusting Entries
3. Relationship of I/S and B/S
- dividends and retained earnings
1. Intangible Assets Read: pp 364-369 and pp 615-622, 626-627
2. Delaying Expense Recognition Case: (1) AOL
3 6/2 - Advertising and R&D
- expensing versus capitalization
3. Basic financial ratios
1. Current Assets Read: Chapter 6, Chapter 7, and Chapter 8
- Accounts Receivable Case: (1) Boston Chicken
- Notes Receivable
4 6/9 2. Inventory
- LIFO/FIFO
- Periodic vs. Perpetual Shrinkage
1. Non-current Assets Read: Chapter 8 and Chapter 9
- Depreciation Case: (1) Waste Management
- Asset Disposals and Gains/Losses
5 6/16
2. Current Liability
- Items
3. Review for Midterm