This page is for students of ProfAlbrecht’s Intermediate Accounting 1 course at La Sierra University Zapara School of Business. This course is taught during fall quarter, 2014.
Intermediate accounting is a 30 week, full year course of study. This quarter we are covering weeks 1-10.
On this page you will find copies of all documents for the class.
Syllabus
- 2014 Fall [s-intermediate1.2014.fall.pdf]
Topics
Accounts receivable 12/11
- Reading
- Chapter 7 Kieso, pp. 349-358
- Notes
- Homework
- Problems [s-intermediate1.2014.fall.hw.basic_ar.pdf]
- Solutions [s-intermediate1.2014.fall.hw.basic_ar.sol.pdf]
Cash & bank reconciliations 12/9
- Reading
- Chapter 7 Kieso, pp. 344-349, pp. 376-381
- Notes [s-intermediate.2014.fall.notes.cash_bankrec.pdf]
- Homework
- Problems [s-intermediate.2014.fall.hw.bank-rec.pdf]
- Solutions [s-intermediate1.2014.fall.hw.bank-rec.sol.pdf]
Present & future values 11/20 & 12/2 & 12/4
- Reading
- Chapter 6 Kieso
- Notes coming
- Homework
- Problems [s-intermediate.2014.fall.hw.tvm.pdf]
- Solutions [s-intermediate.2014.fall.hw.tvm.sol.pdf]
Revenue recognition 11/18
- Reading
- Chapter 18 Kieso
- Notes coming
- Homework
- Problems [s-intermediate1.2014.fall.hw.rev_recog.pdf]
- Solutions [s-intermediate1.2014.fall.hw.rev_recog.sol.pdf]
Balance sheet 11/11
- Reading
- Chapter 5 Kieso
- Notes not available
- Homework
- Problems [s-intermediate1.2014.fall.hw.bal_sheet.pdf] numbering fixed
- Solutions [s-intermediate1.2014.fall.hw.bal_sheet.sol.pdf]
Income statement 11/4 — 11/6
- Reading
- Chapter 4 Kieso
- Notes [s-intermediate1.2014.fall.notes.inc_stmt.pdf]
- Homework
- Problems [s-intermediate1.2014.fall.hw.inc_stmt.pdf]
- Solutions
Accounting concepts 10/28 — 10/30
- Reading
- Chap 2
- Homework
- Problems [s-intermediate1.2014.fall.hw.acct_concepts.pdf]
- Solutions [s-intermediate1.2014.fall.hw.acct_concepts.sol.pdf]
Financial reporting environment 10/21 — 10/28
- Reading
- Chap 1
- FASB’s process to issue new standards
- “Economic Consequences and the Political Nature of Accounting Standard Setting,” by David Albrecht
- Charles Niemeier speech on IFRS adoption to NYSSCPA
- David Albrecht statement on IFRS adoption
- “Golden’s 5 Goals for FASB’s Future,” by Edith Orenstein
- Homework
- Problems [s-intermediate1.2014.fall.hw.acct_environ.pdf]
- Solutions [s-intermediate1.2014.fall.hw.acct_environ.sol.pdf]
Accounting cycle 10/7 — 10/16
- Reading
- Chap 3
- Notes
- Part 1 [s-intermediate1.2014.fall.notes.acct_cycle.part1.pdf]
- Example — complete accounting cycle [s-intermediate1.2014.fall.notes.acct_cycle.example.pdf]
- Part 2 []
- Homework
- Problems [s-intermediate1.2014.fall.hw.acct_cycle.pdf]
- Solutions
- 17-22 [s-intermediate1.2014.fall.hw.acct_cycle.sol.17-22.pdf] P19, P22 corrected
- 23-25 [s-intermediate1.2014.fall.hw.acct_cycle.sol.23-25.pdf] Stmt of CF corrected for all 3 problems
- 26-30 [s-intermediate1.2014.fall.hw.acct_cycle.sol.26-30.pdf]
- 31-35 [s-intermediate1.2014.fall.hw.acct_cycle.sol.31-35.pdf]
Review of Financial Statements 9/30 & 10/2
- Reading none
- Notes [s-intermediate1.2014.fall.notes.intro_finc_stmts.pdf]
- Homework
Other stuff
Homework table of contents
- Page 1 [s-intermediate1.2014.fall.hw.toc.page1.pdf]
- Page 2 [s-intermediate1.2014.fall.hw.toc.page2.pdf]
- Page 3 [s-intermediate1.2014.fall.hw.toc.page3.pdf]
Graded tests and assignments
- Tests
- E1 test [e-intermediate1.2014.fall.e1.pdf] solutions [e-intermediate1.2014.fall.e1.sol.pdf] preview [s-intermediate1.2014.fall.exams.e1prevu.pdf] modified
- E2 test [e-intermediate1.2014.fall.e2.pdf] solutions [e-intermediate1.2014.fall.e2.sol.pdf] preview [s-intermediate1.2014.fall.exams.e2prevu.pdf] modified
- E3 preview [s-intermediate1.2014.fall.exams.e3prevu.pdf] slightly modified
- Real money simulation game
- Assignments [s-intermediate1.2014.fall.assignments.real_money.pdf]
- Assignment 1
- Assignment 2
- Class financial statements [m-intermediate1.2014.fall.xlsx]
- Assignments [s-intermediate1.2014.fall.assignments.real_money.pdf]
- Professional skills assignments [s-intermediate1.2014.fall.assignments.professional_skills.pdf]
- Assignment 1 Tuesday, November 4
Real Money Simulation Game
- Introductory material [s-intermediate1.2014.fall.rm.intro.pdf]
- Instructions to play game [s-intermediate1.2014.fall.rm.playthegame.pdf]
- Instructions for accounting [s-intermediate1.2014.fall.rm.acctinstructions.pdf] edited
- Instructions for preparing an annual report [s-intermediate1.2014.fall.rm.arinstructions.pdf]
- Instructions for investing []
- Student files
- Devon [DevonLewis.Project 3] [DevonLewis.Project3TandTB] [DevonLewis.Project31]
- Ethan [EthanWong.T Accoutns] [EthanWong.balancesheetHatcompany] [EthanWong.CEOletteryear3] [EthanWong.FinancialNotesHat1] [EthanWong.FinancialStatements] [EthanWong.HatCompanyCEOcertifEthan] [EthanWong.HatCompanyJournalYear3] [EthanWong.HatcompanyYear3Diary]
- Ethan [EthanWeber.CEO Letter Yr 3] [EthanWeber.Certification of Financial Statements] [EthanWeber.Cover Letter] [EthanWeber.Monopoly Project Year 3 FINAL] [EthanWeber.Notes to the Financial Statements1]
Old tests
- Fall, 2009 at Concordia College / weeks 1-15 of intermediate acct [intermediate1.old_tests_2009.pdf]
- Fall, 2010 at Concordia College / weeks 1-15 of intermediate acct [intermediate1.old_tests_2010.pdf] no E2
- Fall, 2011 at Concordia College / weeks 1-15 of intermediate acct [intermediate1.old_tests_2011.pdf]
- Fall, 2013 at La Sierra University / weeks 1-10 of intermediate acct [intermediate1.old_tests_2013.pdf] E1 P8 solution corrected
- “Remarks by Russell G. Golden,” Chair, FASB, FASB at 40 Conference, September 12, 2013