ACG 3101 Financial Accounting and Reporting I Fall 2010 Instructor: Office: Email: Christopher W.

. Falk, CPA RBA 501 cfalk@cob.fsu.edu

Office Hours: Monday 1:30 to 3:30 Wednesday 1:30 to 3:30 And by appointment Sections: MW 10:45 to 12:00 in RBA 204 MW 3:35 to 4:50 in RBA 206

Course Objectives The objectives of this course are to gain an understanding of the theoretical foundations underlying financial reporting, an understanding of financial statement presentation and an understanding of accounting for assets and current liabilities. You should develop technical, analytical and interpretive skills related to economic transactions and accrual basis financial statements. Class Format Classes will consist of mini-lectures, discussions, and problem solving. It is the students responsibility to be prepared for class and have completed all required readings and problems. Grading Exam One Exam Two Final Exam Quizzes and Assignments Class Participation Writing Instrument The ONLY acceptable writing instrument to be used in this class is MECHANICAL PENCIL. The one exception is for official written assignments as homework, which should be prepared using a combination of; excel spreadsheets and word processing applications. Nothing else will be graded! 27.5% 27.5% 27.5% 7.5% 10%

Professionalism and Class Participation One of the determinants of the course grade is a focus on class participation. Included in this portion of your grade will be your attendance, your being on time for class, your ability to ask thoughtful questions during class and your ability to respond to questions from the instructor (cold calling). Chronic lateness will NOT be tolerated since it is a distraction to your classmates and me. A seating chart will be composed the second day of class and youre expected to sit in your assigned seat. Regarding the class participation portion of your grade everyone starts off with a 70%. Basically, if you attend class everyday and answer when called upon but do nothing beyond that, you will keep the 70%. If you are extraordinary and make a diligent effort to contribute to the class discussion, you can earn above that 70%. If you are absent, late or cannot answer the instructors questions then you will receive below that 70%. Cellular Phones and Laptops There will be absolutely NO use of cellular phones including texting during class. The first violation of this policy will result in a 25% decrease of your class participation grade. The second violation will result in a full letter grade reduction to your overall course grade. The third violation will result in a failing course grade. I am not opposed to using your laptop for taking notes and some in class ad hoc research for items which pop up during class discussion. I am opposed to being on Facebook, My Space, checking email, point spreads and match.com etc during class time. Violations of this policy have the same penalties as texting which are outlined in the preceding paragraph. Course Grades A = 90% and above B+ = 89% B = 80% to 88% C+ = 79% C = 70% to 78% D = 65% to 69% F = Below 65 Missed Exams and Quizzes There are NO makeups on exams or quizzes. If a bona fide reason surfaces and the student informs the instructor before the scheduled exam or quiz, alternate arrangements may be made at the discretion of the instructor.

Assignments Written assignments must be of the highest quality. Ask yourself would I want my employer to see what I am handing in - If the answer is no then you shouldnt be turning it in to me either. Required Materials Intermediate Accounting 6th Edition by Spiceland, Sepe & Tomassini Honor Code Students are expected to uphold the Academic Honor Code, published in The Florida State University Bulletin and the Student Handbook. Each student is responsible to (1) maintain a high standard of academic integrity in his / her own work, and (2) refuse to tolerate violations of academic integrity in others, rather encouraging others to elevate their own integrity to the benefit of everyone. ADA Requirements Students with disabilities needing academic accommodations should register with the office of Disabled Student Services. Please notify the instructor the first week of class if you need assistance and present the appropriate documentation from DSS. Exam Policies Exam one and exam two are scheduled for a Monday night from 7pm to 9pm. This policy was published by the FSU registrar and exceptions will not be made for students who cannot attend the exam. The final exam will be held during final exam week during the published time for each particular course section. During the exam the only electronic device you are allowed to use is a four function basic calculator. No other electronic devices are permitted. This includes cellular phones, Ipods, graphing calculators etc This policy will be STRICTLY enforced. Your exams will not be returned for you to keep. After the exam we will go over the exam during class time, but then I collect them back for safekeeping. Course Repeat Policy The policy on repeating accounting courses is: "Any student receiving two grades below "C-" in the same required upper-level accounting course (prefix ACG or TAX) will not be permitted to enroll in that course again

Prerequisite to ACG 3111 Effective Fall 2010, the prerequisite for ACG 3111 will be completion of ACG 3101 with a grade of C or better (a C- in ACG 3101 will not be acceptable). Final Exams 10:45 Section: Wednesday, December 8 at 12:30pm 3:35 Section: Monday, December 6 at 5:30pm