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Course Description:
ACC 202 Intermediate Accounting II:   

This course covers the application of accounting principles and concepts to account evaluation and income determination, including special problems peculiar to corporations and the analysis of financial reports.  Accounting for the acquisition and disposal of long-term assets and procedures for handling current and long-term liabilities are covered.  (Prerequisite: ACC 201)

We cover eight chapters: 9, 10, 11, 12, 13, 14, 15, 21.

Textbook:
*New textbook as of summer 2008
Intermediate Accounting, by Nikolia. Published by CengageNOW- Southwestern

Textbook Ancillaries:
When you purchase a new course textbook, you receive access to CengageNOW (formally ThomsonNOW). This are web-base learning resource specifically designed to supplement the course and provide a whole new dimension of productive study. Your instructor will explain how to register and access the product. Please Note: If you purchase a “used” textbook, you will be required to buy the CengageNOW  access separately.

Course Outcomes and Competencies:
As part of the Business department’s commitment to teaching effectiveness and ongoing student learning outcomes assessments activities the following outcomes and competencies have been developed for ACC 202:

Intended Course Outcome # 1:  Students will demonstrate overall knowledge of the appropriate accounting treatment and application GAAP for the identified course topics in Intermediate Accounting II.

Course Competency: Students will demonstrate understanding of financial transactions and proper application of the accounting concepts involving inventory, fixed assets, investments, liabilities and leases.

Performance Measurement Instrument: A standardized departmental financial analysis project developed by accounting faculty that is based on the course learning objectives will be administered each semester. Information about the project can be found at the following web site: http://www.midlandstech.com/business/acccourses/acc202_project.html.  The project will be graded using a standardized solution and will count 10% of the student’s final grade. Your instructor will provide additional information about the project and its due date.

Intended Course Outcome # 2 :  Students will demonstrate overall knowledge of the appropriate recording, treatment, and disclosure for advanced accounting topics and related issues presented in the course.

Course Competency: Students will demonstrate understanding of financial transactions and the application of accounting concepts involved with designated special topics by completing two critical thinking case studies.

Performance Measurement Instrument:  Students will complete two standardized case studies to be assigned each term. The case studies will be graded according to a standardized grading rubric.

Important - Mandatory Departmental Project:
Click here to access information about the project.

CengageNOW:
CengageNOW is an Internet-based product designed to help students complete their end-of-chapter exercises and problems. Students receive automatic and instant scoring. Students struggling with a particular problem can access hints and tips to expand their understanding of the concepts. In addition, all department assessment activities will take place in CengageNOW, so it is important to register your product. Click here for handout on registering and click here for handout on taking assignments in CengageNOW.

Updates:
Please download the following updates. Textbook corrections   Time value of money tables

Publisher's website: The authors have developed a comprehensive resource site for site. It is organized by chapters and contains on-line quizzing, e-lectures, PowerPoint presentations, articles, practice exams etc. Check it out at student website .

Note: 
If you do not have Microsoft Word on your computer, to view these documents, you will need to download the MS Word Viewer from the Microsoft website and click the "Download Now" link.  Once you have done this, you may use your browser's BACK button to return to this page.

Chapter Handouts:
New handouts are not available yet. There are 8 chapter handouts for this course. You may open or download the files from here or go to the individual chapter page to access the handout. Some of these files are large (30-40 pages), therefore it may take several minutes to access them. 

These handouts are designed to reinforce the learning objectives of Accounting 202. They are NOT intended to replace reading the textbook and/ or doing the homework. You are responsible for reading all assigned pages in each chapter!

Please note: The material presented in the chapter handouts is copyright-protected and may NOT be reproduce in any manner without the expressed prior written permission of Janice Stoudemire. Click on the following links to access the chapter handouts. 


POWERPOINT PRESENTATIONS:

Click on the following links to access the chapter PowerPoint presentation . 

ACC 202-Chapter 9 ACC 202-Chapter 12  ACC 202-Chapter 15 
ACC 202-Chapter 10 ACC 202-Chapter 13 ACC 202-Chapter 21
ACC 202-Chapter 11  ACC 202- Chapter 14   Time Value Money

 

Homework Solutions:
No homework solutions are provided since the student is expected to use the CengageNOW  feature to complete the homework. However you may download a list of check figures.

 

 

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Please send any questions or comments regarding this website to
Janice Stoudemire at stoudemirej@midlandstech.edu
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