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Schedule

The schedule below outlines the topics you will be covering in this course, along with the associated time frames and assignments. Note that assignments are due based on North American Eastern Time (ET). This ensures that all students have the same deadlines regardless of where they live.

All assignments are due by 11:59 PM Eastern Time (ET) on Sunday of the week assigned unless otherwise stated.

Lesson 1: Conceptual Framework
Lesson 1

Readings:
  • Canvas Orientation
  • Lesson 1 Commentary

Assignments:
  1. Google Maps Introduction Activity
  2. Lesson 1 Discussion Forum
Lesson 2: Accounting Standard Setting
Lesson 2

Readings:
  • Lesson 2 Commentary
  • Text: Chapter 1, "Environment and Theoretical Structure of Financial Accounting"

Assignments:
  1. Lesson 2 Discussion Forum
  2. Lesson 2 (Chapter 1) Problems via Connect
  3. Lesson 2 (Chapter 1) Quiz via Connect
Lesson 3: Accounting Cycle
Lesson 3

Readings:
  • Lesson 3 Commentary
  • Text: Chapter 2, "Review of the Accounting Process"

Assignments:
  1. Lesson 3 Discussion Forum
  2. Lesson 3 (Chapter 2) Problems via Connect
  3. Lesson 3 (Chapter 2) Quiz via Connect
  4. Lesson 3 Excel Assignment
Lesson 4: Full Disclosure
Lesson 4

Readings:
  • Lesson 4 Commentary
  • Text: Chapter 3, "The Balance Sheet and Financial Disclosures"
    • Part B: Financial Disclosures
  • Appendix 3: Reporting by Operating Segment

Assignments:
  1. Lesson 4 Discussion Forum
  2. Lesson 4 Excel Assignment
Lesson 5: The Balance Sheet
Lesson 5

Readings:
  • Lesson 5 Commentary
  • Text: Chapter 3, "The Balance Sheet and Financial Disclosures" 
    • All subsections not read in Lesson 4

Assignments:
  1. Lesson 5 Discussion Forum
  2. Lesson 5 (Chapter 3) Problems via Connect
  3. Lesson 5 (Chapter 3) Quiz via Connect
  4. Lesson 5 Excel Assignment
Lesson 6: The Income Statement and Brief Statement of Cash Flows
Lesson 6

Readings:
  • Lesson 6 Commentary
  • Text: Chapter 4, "The Income Statement, and the Statement of Cash Flows"
    • Part A, pp. 170–188
    • Part B, pp. 194–202 (Statement of Cash Flows)

Assignments:
  1. Lesson 6 Disucssion Forum
  2. Lesson 6 (Chapter 4) Problems via Connect
  3. Lesson 6 (Chapter 4) Quiz via Connect
  4. Lesson 6 Excel Assignment
Lesson 7: The Statement of Retained Earnings and Other Comprehensive Income
Lesson 7

Readings:
  • Lesson 7 Commentary
  • Text: Chapter 4, "Comprehensive Income"
    • EPS, starts on p. 188
    • OCI, pp. 189–193

Assignments:
  1. Lesson 7 Excel Assignment
  2. Midterm (Lessons 1–7)
Lesson 8: Revenue Recognition
Lesson 8

Readings:
  • Lesson 8 Commentary
  • Text: Chapter 5, "Revenue Recognition and Profitability Analysis"

Assignments:
  1. Lesson 8 Discussion Forum
  2. Lesson 8 (Chapter 5) Problems via Connect
  3. Lesson 8 (Chapter 5) Quiz via Connect
  4. Lesson 8 Excel Assignment
Lesson 9: Time Value of Money
Lesson 9

Readings:
  • Lesson 9 Commentary
  • Text: Chapter 6, "Time Value of Money Concepts"

Assignments:
  1. Lesson 9 Discussion Forum
  2. Lesson 9 (Chapter 6) Problems via Connect
  3. Lesson 9 (Chapter 6) Quiz via Connect
  4. Lesson 9 Excel Assignment
Lesson 10: Cash and Accounts Receivable
Lesson 10

Readings:
  • Lesson 10 Commentary
  • Text: Chapter 7, "Cash and Receivables"

Assignments:
  1. Lesson 10 Discussion Forum
  2. Lesson 10 (Chapter 7) Problems via Connect
  3. Lesson 10 (Chapter 7) Quiz via Connect
  4. Lesson 10 Excel Assignment
Lesson 11: Inventory Measurements
Lesson 11

Readings:
  • Lesson 11 Commentary
  • Text: Chapter 8, "Inventories: Measurement"

Assignments:
  1. Lesson 11 Discussion Forum
  2. Lesson 11 (Chapter 8) Problems via Connect
  3. Lesson 11 (Chapter 8) Quiz via Connect
  4. Lesson 11 Excel Assignment
Lesson 12: Additional Issues With Inventory
Lesson 12

Readings:
  • Lesson 12 Commentary
  • Text: Chapter 9, "Inventories: Additional Issues"

Assignments:
  1. Lesson 12 Discussion
  2. Lesson 12 (Chapter 9) Problems via Connect
  3. Lesson 12 (Chapter 9) Quiz via Connect
Lesson 13: Acquisition and Disposition of Property, Plant, and Equipment
Lesson 13

Readings:
  • Lesson 13 Commentary
  • Text: Chapter 10, "Property, Plant, and Equipment and Intangible Assets: Acquisition and Disposition"

Assignments:
  1. Lesson 13 Discussion Forum
  2. Lesson 13 (Chapter 10) Problems via Connect
  3. Lesson 13 (Chapter 10) Quiz via Connect
  4. Lesson 13 Excel Assignment
Lesson 14: Utilization and Impairment of Property, Plant, and Equipment
Lesson 14

Readings:
  • Lesson 14 Commentary
  • Text: Chapter 11, "Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment"

Assignments:
  1. Lesson 14 Discussion Forum
  2. Lesson 14 (Chapter 11) Problems via Connect
  3. Lesson 14 (Chapter 11) Quiz via Connect
  4. Lesson 14 Excel Assignment
Lesson 15: Intangible Assets and Natural Resources
Lesson 15

Readings:
  • Lesson 15 Commentary
  • Text: Chapter 10 sections
    • "Cost of Natural Resources"
    • "Intangible Assets"
    • "Research and Development"

Assignments:
  1. None
Final Exam
Final Exam

Readings:
  • None

Assignments:
  1. Complete the Final Exam on Lessons 8–15.

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