THE UNIVERSITY OF TEXAS AT DALLAS

AIM 6332 – Issues in Financial Reporting

Fall 2005 - Section 501 – Tuesdays, 7:00 p.m. – 9:45 p.m. – SOM 2.717

Instructor: Rod Monger, Ph.D.

Phone: 214-676-9078
Email: rodmonger@gmail.com
Office: SOM 4.415
Office Hours: 5:30 – 6:45 p.m. Tuesdays and Thursdays

Course Description: This course is a continuation of topics in external financial reporting

including: issues related to the measurement and reporting of current liabilities and
contingencies, bonds, leases, deferred taxes, pensions, stock-based compensation
plans, shareholders equity, earnings per share, accounting changes and cash flows.
Current generally accepted accounting principles for financial reporting are analyzed as
is their effect on the presentation of financial results by corporations and other entities.

Learning Objectives: This course has four primary objectives:

1. Continue to discuss financial accounting principles
2. Continue to identify reporting requirements for corporate entities
3. Continue to develop the skills to prepare financial statements in accordance with
U.S. GAAP
4. Continue to identify the economic and social consequences of financial
reporting

Course Prerequisite: AIM 6330 or its equivalent. Students who have taken AIM 3332 –
Intermediate Accounting II or its equivalent may not take AIM 6332 for credit.

Course Materials: Textbook: Intermediate Accounting, Third Edition, Volume 2 by

Spiceland, Sepe and Tomassini

Exams: There will be three equally-weighted, non-cumulative exams. Each will be some
combination of multiple choice, questions and problems. Each exam will count 100
points. No make-ups.

Grades:
A 91 – 100
B 81 – 90
C 71 – 80
D 61 – 70
F 60 or below

Academic Dishonesty: Students are expected to be above reproach in all scholastic

activities. Students who engage in academic dishonesty are subject to disciplinary
penalties, including the possibility of failure in the course and dismissal from the university.
“Scholastic dishonesty includes, but is not limited to cheating, plagiarism, collusion, the
submission for credit of any work or materials that are attributable in whole or part to
another person, taking an examination for another person, any act designed to give
unfair advantage to a student or the attempt to commit such acts.” Regents’ Rules and
Regulations, Part One, Chapter VI, Section 3, Subsection 3.2, Subdivision 3.22. Since
academic dishonesty harms the individual, all students, and the integrity of the university,
policies on academic dishonesty will be strictly enforced.

1
WEEK DATE TOPIC CH EXERCISES AND PROBLEMS
1 8/23/05 Course Introduction

2 8/30/05 Current Liabilities and Contingencies 13 E 3, 7, 9, 10, 14, 16, 17, P 4

3 9/6/05 Bonds (Skip Part B) 14 E 4, 5, 7, 13, 14, 17, 18, 19, P 4

4 9/13/05 Leases (Skip Part B) 15 E 1, 3 ,4, 5, 6, 8, 9, 10, 25, 26, P 3
5 9/20/05 EXAMINATION 1
6 9/27/05 Accounting for Income Taxes 16 E 4, 7, 9, 11, 23, 24, 26 P 7
7 10/4/05 Pensions (Skip Part D) 17 E 1, 2, 3, 4, 5, 8, 10, 19 (Omit #4),
P 2, 6, 9
8 10/11/0 Employee Benefit Plans (Skip Part A) 18 E 12, 14, 15, 17, 19, 20, 22, P 6
5
9 10/18/0 Stockholders’ Equity 19 E 3, 5, 6, 7, 9, 11, 13, 14, 15, 16,
5 P 9, 10
10 10/25/0 EXAMINATION 2
5
11 11/1/05 Earnings Per Share 20 1, 4, 5, 10, 11, 12, 13, 17, P 7
12 11/8/05 Accounting Changes and Error Corrections 21 E 1, 3 (Omit #4), 5, 8, 13, 17, 19,
22, 24
13 11/15/0 The Statement of Cash Flows (Skip Part B) 22 E 1, 13, 16, 17, 24, 26, 29, 30,
5 P 8 (Omit #1)
14 11/22/0 EXAMINATION 3
5