Class Overview

General Class Information

Instructor Name and Contact Information:

Leon W. Hutton, CPA, CGFM, SPHR

               Email: lwh7n@virginia.edu or Leon.Hutton@cox.net  

               Cell Phone: 703-447-6971

Subject Area and Catalog Number: ACCT 3110

Year and Term: Summer, 2017   (Online Synchronous)

                          Tuesdays, May 16 – August 1, 2017, 6:30 pm – 9:45 pm

Class Title: Intermediate Accounting I

Level (Graduate or Undergraduate):  Undergraduate

Credit Type: credit

Class Description:  An intensive study of the generally accepted accounting principles for asset valuation, income measurement, and financial statement presentation for business organizations, and the processes through which these principles evolve.  Prerequisite: ACCT 2020 Introductory Accounting II.

Required Text (Include ISBN, specific edition):  Intermediate Accounting, 9th Edition, Spiceland, Nelson, Thomas (Irwin/McGraw Hill, New York, Copy write 2018), ISBN-978-1-259-72266-0 (combined edition). 

Recommended but not required: Student Study Guide 

We will use “Connect” with this course (and it will be used in Intermediate Accounting II).

URL:  http://connect.mheducation.com/class/l-hutton-acct-3110-summer-2017-hutton

Having trouble registering in Connect?  Get help here: http://bit.ly/StudentRegistration

FASB Codification Access

URL:  http://www2.aaahq.org/ascLogin.cfm

Username - AAA53195 
Password -  v26UPeG

Learning Outcomes:

• Demonstrate understanding of concepts underlying the accounting for major asset groups, especially current assets, investments and revenue recognition. 
• Demonstrate an understanding of the single and multiple step Income Statement, and Statement of Cash Flows
• Analyze accounting problems and apply appropriate accounting procedures for current and fixed asset groups

·         Use FASB Codification to answer basic research questions

·         Communicate accounting information clearly, concisely and accurately

·         Identify significant differences between U.S. and international accounting standards for current asset groups, the income statement, and statement of cash flows. 

Delivery Mode Expectations:  Web-based, on-line classes, asynchronous;  there will be a weekly conference call which will be recorded and posted.

Required Technical Resources and Technical Components:   Active UVa Computing ID and password to access the Student Information System (SIS).  Technical support contact for login/password: email SCPSHelpdesk@virginia.edu.