UNIVERSITY OF CALIFORNIA, BERKELEY HAAS SCHOOL OF BUSINESS

Course: UGBA 120B (Advanced Accounting) Fall 2012 Class Hours: 11:00-12:30P.M. Class Days: Mon. & Wed. and Fri Classroom: C135 Discussion: Fri. 8:00 10:00 A.M. Classroom: 170 Barrows

Instructor: Mr. Stanton Office: F502H Office Hrs. Mon. & Wed. 12:30-1:30 P.M. Phone: 510-642-3232 Email: vstanton@haas.berkeley.edu Graduate Student Instructor: Jenny Zha Email: jenny_zha@haas.berkeley.edu

Text: Intermediate Accounting, by Spiceland, Sepe, & Nelson, 7th. Ed. Irwin, McGraw-Hill Advanced Financial Accounting, Hoyle, Schaefer, & Doupnik, 11h. Ed., Irwin, McGraw-Hill Text Websites: Intermediate Accounting- http://www.mhhe.com/spiceland7e Advance Financial Accounting- http://www.mhhe.com/hoyle11e ADDITIONAL LEARNING RESOURCES: 1. Study Guide (Optional) 2. bspace PREREQUISITES: Successful completion of Introduction to Accounting UGBA120A LEARNING OBJECTIVES: Upon completion of this course, students will be able to: -Summarize different business combination types and key accounting issues -Understand differences between consolidations using cost method vs equity method of accounting -Prepare consolidated financial statements for acquired subsidiaries -Account for and eliminate inter-company transactions -Draft disclosures for segment reporting -Create financial state for interim reporting -Understand and account for the formation, admission and liquidation of partnerships -Describe and record transactions for governmental and not-for-profit financial statements -Account for foreign currency, derivatives and off balance sheet financing COURSE OPERATIONS: This class meets three times a week on Monday, Wednesday and Friday. The regular classes on Mondays and Wednesdays will be led by Mr. Stanton. These classes will include lecturing, some group work and analysis of videos showing "real world situations". Students are expected to have read the assigned materials and attempted the suggested problems before class. In addition students will need to take notes and have copies of power point presentations, since lectures use a white board and overhead projector. Copies of projector slides will not be distributed. Attendance is especially important since group work is done in class and cant be made up. Fridays are review sessions, led by teaching assistants. During these sessions, teaching assistants will discuss solutions to assigned homework problems and suggested problems; they will not cover new material. I will attend some of these review sessions on both an announced and unannounced basis to assist you with understanding the solutions to the problems. It is important that you work problems before solutions are discussed because you will be unable to solve new problems by trying to memorize solutions to old problems.

GRADING POLICY: The Course grade will be based on the total numerical score on the following ( except for the rule on homework stated below ): Points 50 50 200 140 440 ===

5- Group Assignments ( 10 points each ) 50-Homework Problems (1 point each) 2- Midterms ( 100 points each ) 1- Final Exam ( 140 points ) Totals

Exams are mandatory unless they are excused, ahead of time, for a documented illness. Students who do not take a midterm and are not excused from the midterm will receive a score of zero. Students who are excused from a midterm will have additional weight placed on the final exam. There will be no scheduled make-up exams for the midterms. Calculators ( not computers ) that dont have the ability to store text are the only ones allowed for exams. Students are required to take midterms and final exam with the class section in which they are enrolled. There are no exceptions. Course grades are based on total points as follows: A+ A A425 to 440 412 to 424 394 to 411 B+ 381 to 393 B 368 to 380 B- 350 to 367 C+ 337 to 349 C 324 to 336 C 306 to 323 D+ D DF 293 to 305 280 to 292 262 to 279 261 and below

The instructor will issue the final grade based upon the above total point ranges or the class curve whichever method yields the student the maximum grade. Curve grades are as follows: A+ 10% A 10% A- 10% B+ 18% B 18% B- 19% C+ 5% C 5% C- 1% D+ D DF 1% 1% 1% 1%

CLASS PARTICIPATION: Thoroughly study each chapter before the class period when it is scheduled for discussion. Be ready to participate in discussions, especially of the homework listed in the tentative course outline. While attendance at each class is not required, any absence will make successful completion of assignments more difficult. GROUP WORK: There are a total of six group work projects that are done in class. Only five of the six count for credit. These are different cases relating to both ethical and technical issues of the material previously covered. HOMEWORK: Homework assignments are due on the due date described below in the Tentative Course Outline. The homework assignments are turned in during discussion session and will not be accepted late. Each Individual problem is one point each.

CODE OF ETHICS AND ACADEMIC INTEGRITY RULES: Neither this school, its students, nor its professional associations will condone cheating, lying, or any other misrepresentations. Moreover, anyone who willingly conceals these activities will be considered accomplices equally culpable. All students are expected to comply with the code of ethics of the Undergraduate Program at the Haas School of Business. In doing so, we commit ourselves to upholding the standards of honesty, integrity, and personal responsibility. Violations of the code of ethics will be referred to the University of Californias Office Student Affairs. ACCOMMODATIONS FOR STUDENTS WITH DISABILITIES: Students with disabilities seeking academic accommodation in this course need to promptly notify the instructor providing a Letter of Accommodation from the Disabled Students Program. Notice of accommodation later than three weeks may result in an inability to timely provide accommodations. Student with disabilities granted extended time on examinations will be scheduled to start exams at the same time as other students.

TENTATIVE COURSE OUTLINE Date Chap. Description of Topics Homework-Due Date

M Aug27 ---------- Introduction W Aug29 SSN 16 Taxes F Aug31 --------Discussion Session M Sep.03 -------HOLIDAY W Sep.05 SSN 16 Taxes F Sep.07 SSN 16 Discussion Session E16-11,E16-15,E16-18,E16-22 M Sep.10 SSN 17 Employee Benefit Plans WSep.12 SSN 17/18 Employee Benefit Plans GROUP WORK F Sep.14 SSN 17 Discussions Session E17-6,E17-8,E17-13,E17-16 MSep.17 SSN 18 Stockholders Equity WSep.19 SSN 19 Earnings Per Share F Sep.21 SSN 19 Discussion Session E18-6,E18-10,E18-13,E18-15 MSep. 24 SSN 19 Earnings Per Share WSep. 26 -------Review F Sep. 28 SSN 19 Discussion Session E19-6,E19-16,E19-17,19-22 MOct. 01 ------Midterm (Chapters 16-19) WOct.03 HSD01 Equity Methods F Oct. 05 HSD01 Discussion Session 1-17,1-20,1-28,1-29 MOct 08 HSD02 Consolidated Financials WOct. 10 HSD02/03 Consolidated Financials GROUP WORK F Oct.12 HSD02 Discussion Session 2-24,2-26,2-29 M Oct.15 HSD03 Consolidation Subsequent W Oct.17 HSD04 Consolidation-Outside Owners F Oct.19 HSD03/04 Discussion Session 3-1,3-16,3-21,4-26,4-27 M Oct.22 HSD04/05 Inter-Co.-Assets W Oct.24 HSD05 Inter-Co.-Assets GROUP WORK F Oct.26 HDS05 Discussion Session 4-34,5-19,5-18,5-23,5-24 M Oct.29 -------Review W Oct.31 -------Midterm 2 (HDSChaps.1-5) F Nov02 -------Discussion Session (Review Midterm) M Nov05HSD08 Segments/Interim Reporting W Nov07HSD14 Partnerships

F Nov09--------MNov. 12 HSD16 WNov. 14 HSD16 F Nov. 16 HSD16 M Nov 19 HSD17 WNov. 21HSD18 F Nov. 23 -------MNov. 26 HSD09 W Nov.28 HSD09 F Nov. 30 HSD09 M.Dec. 03 --------W Dec 05 -------F Dec. 07 -------ThDec.13 --------

Discussion 8-23,8-35,8-37,14-17,14-24,14-28 HOLIDAY Government Accounting GROUP WORK Discussion Session 16-31-16-32,16-37,16-40 Special Funds Not for Profit Entities GROUP WORK HOLIDAY Foreign Currency & Derivatives GROUP WORK Foreign Currency & Derivatives Discussion Session 17-37,17-40,18-37,18-39,9-28,9-32,9-33 Student Reading Student Reading Student Reading FINAL EXAM 11:30-2:30 P.M. (COMPREHENSIVE)