Professional Documents
Culture Documents
ACCT 573 Syllabus
ACCT 573 Syllabus
of Accountancy
College of Business and Economics
California State University – Fullerton
Office of the School of Accountancy: SGMH‐4313
Phone: 657‐278‐2225 Fax: 657‐278‐4518
Website: http://business.fullerton.edu/accounting/
Email: schoolofaccountancy@fullerton.edu
Mission Statement: We develop future business leaders through our dedication to excellence in teaching and
research. Together with the accounting and business community, we accomplish this using collaborative
research and an innovative and a tech‐forward curriculum in a culturally diverse environment.
(Updated 7/29/22)
FINAL EXAM DATE: The final exam for this class is scheduled for December 12, 2022 5:00‐6:50.
DEADLINE TO WITHDRAW FROM CLASSES (Fall 2022)
The last day to drop classes without a grade of “W” is Tuesday, September 6, 2022. The last day to withdraw
from classes with a documented serious and compelling reason is Thursday, November 10, 2022.
SPECIAL NEEDS
During the first week of classes, inform the instructor of any disabilities or special needs that you have that
may require special arrangements related to attending class sessions, carrying out writing assignments or
learning components, or taking examinations. Students with disabilities need to document the disability at
the Disability Support Services in UH‐101.
ACCOUNTING ETHICS STATEMENT
Integrity plays a vital role in the accounting profession. As a result, the School of Accountancy has expectations
that our students behave in a manner consistent with the demands and expectations of the accounting
profession. It is the view of the School of Accountancy, that the use of all unauthorized materials, regardless of
the manner obtained, are a violation of the College of Business and Economics Student Code of Ethics. This
includes, but is not limited to, obtaining and using solutions manuals, test banks and all other copy‐written
materials from course textbooks not authorized by the course instructor; obtaining and using homework
assignments, cases, or exams from prior students. Faculty members will report all incidents involving students
who are suspected of lying, deception, plagiarism, and cheating (both attempted and actual) to the Dean of
Students, Judicial Affairs and the chair of the School of Accountancy according to UPS 300.021 and UPS
300.030 (October 2010).
ACADEMIC DISHONESTY/STUDENT CONDUCT (CSUF UPS 300.021, (2020‐21 Online Catalog
https://catalog.fullerton.edu/ – Grading Policies ‐ Student Records)):
Academic dishonesty includes such things as cheating, inventing false information or citations, plagiarism, and
helping someone else commit an act of academic dishonesty. It usually involves an attempt by a student to
show a possession of a level of knowledge or skill, which he/she does not possess.
▪ Cheating is defined as the act of obtaining or attempting to obtain credit for work by the use of any
dishonest, deceptive, fraudulent, or unauthorized means. Examples of cheating include, but are not
1
limited to, the following: using notes or aides or the help of other students on tests and examinations
in ways other than those expressly permitted by the instructor, plagiarism as defined below, tampering
with the grading procedures, copying verbatim other students assignments, and collaborating with
others on any assignment where such collaboration is expressly forbidden by an instructor. Violation of
this prohibition of collaboration shall be deemed an offense for the person or persons collaborating on
the work, in addition to the person submitting the work.
▪ Plagiarism is defined as the act of taking the specific substance of another and offering it as one’s own
without giving credit to the source. When sources are used, acknowledgement of the original author or
source must be made following standard scholarly practice.
Students who violate university standards of academic integrity are subject to disciplinary sanctions, including
failure in the course and suspension from the university. Since dishonesty in any form harms the individual,
other students and the university, policies on academic integrity are strictly enforced. Academic dishonesty, in
any form, when detected, will result in zero points on assignments or tests, and may result in an “F” for the
course plus additional University‐level disciplinary action by Judicial Affairs. For additional information, refer
to the University policy in the current CSUF Catalog.
ASSESSMENT STATEMENT
The programs offered in College of Business and Economics (CBE) at Cal State Fullerton are designed to
provide every student with the knowledge and skills essential for a successful career in business. Since
assessment plays a vital role in CBE’s drive to offer the best, several assessment tools are implemented to
constantly evaluate our program as well as our students’ progress. Students, faculty, and staff should expect
to participate in CBE assessment activities. In doing so, CBE is able to measure its strengths and weaknesses,
and continue to cultivate a climate of excellence in its students and programs.
DROPS, WITHDRAWALS, AND INCOMPLETES
The University policy on drops and withdrawals will be followed. See the University Catalog for relevant
procedures and dates (http://records.fullerton.edu/services/withdrawal.php). A grade of “I” (incomplete) is
appropriate only if circumstances beyond a student’s control force the student to miss a portion of the latter
part of a course.
UNIVERSITY POLICY ON FINAL EXAMINATIONS
Final examinations, if required by the instructor, will be given at times scheduled by the University. Once
established, the final examination schedule may not be changed unless approved by the school, program
chairs, and the dean of the college. No make‐up final examination will be given except for reasons of illness or
other verified emergencies.
All classes must meet during the week of finals.
Virtual Learning Guidelines (applicable to online courses):
Technical competencies expected of students:
The following technical computer skills are required of students during this online timeframe:
● Use of Zoom (tutorial may be accessed here: https://youtu.be/gWEPFFx9PfI)
● Use of word processing (i.e., Microsoft Word)
● Use of Adobe Reader and converting formats to .PDF
● Use of a Web Browser (i.e., Mozilla Firefox, Google Chrome, Microsoft Internet Explorer, or Safari)
2
● Handling e‐mail communications and inserting attachments; your CSUF email account should be
checked at least three times weekly – as this is the instructor’s communication method for an online
class
● Downloading and uploading files from the internet
Computer hardware, software, and settings requirements:
Hardware/Software Requirements:
● Operating System: Windows 7, 8, 10 or Mac OS X/X+
● Processor: 2+ GHz
● Memory: 4+ GB
● Plug‐ins: PDF Reader, QuickTime, Java (use the current version) Note: Flash Player is no longer
recommended.
● Web browser: Chrome (Chrome is required for taking exams through Proctorio), Firefox or Safari (use
the current version)
● Display: 1336x768 or higher
● Internet connection: FiOS/DSL/Cable
● E‐mail: CSUF student email account
● Sound card or built‐in sound: required
● Software: Microsoft Office 365 or similar; Zoom and any other software required by your instructor
● Microphone: required (external or built‐in)
● Webcam: required (external or built‐in, you can also use your mobile phone as webcam)
Important Settings/Considerations:
● For Zoom, a smart phone will work, but you may have a hard time viewing the PowerPoint(s), so a
laptop/computer/tablet is recommended. Test your Zoom technology: https://zoom.us/test
● Free software to CSUF students (including Zoom, Microsoft Office, and Adobe):
http://www.fullerton.edu/it/students/software/
● Resources for Proctorio: http://www.fullerton.edu/it/services/software/proctorio/. Make sure to
review the contents on the page before your first exam.
What to do when technical problems develop:
If students are having problems using the features implemented in the course site, they should call the Help
Desk at (657) 278‐8888 or e‐mail helpdesk@fullerton.edu.
Netiquette (appropriate on‐line behavior):
Navigating the internet dictates that you adhere to a certain unspoken code of conduct. This on‐line set of
rules, called netiquette, ensures that you are not misunderstood (and that you do not offend anyone) when
communicating on‐line.
Zoom Etiquette:
● Use your webcam and put your microphone on mute during Zoom class sessions (unless instructed
otherwise). If you are unable to turn on your video, add a profile picture. Test your camera position
before each class begins to ensure you’re centered in the camera.
● Make sure to limit distractions as much as possible during class (i.e., find a quiet space, do not browse
other apps, put your phone away, etc.) to be more engaged.
● Do not use inappropriate Zoom backgrounds or nicknames; this course is centered around
professionalism and it is expected that you conduct yourself as a professional.
● Keep professional behavior during the Zoom session (e.g. dress appropriately for class, consider your
body language, don’t participate in non‐course related activities).
3
● Keep irrelevant chat to a minimum (remember to answer discussion questions and not chat with your
classmates about something not relevant to the course during in‐class discussion time).
● Do not offend or enrage a classmate (be sensitive and use appropriate language); no shouting (using
all capital letters); if you do not have anything nice to say, do not say it.
● Do not personally record the class meeting on your device. This is a policy from campus to protect
individual privacy and violating this rule can result in campus disciplinary action.
More Core Rules of Netiquette can be found at: http://www.albion.com/netiquette/corerules.html
President’s Directive & Health and Safety Guidelines:
Cal State Fullerton (CSUF) is actively working to maintain the safety of our campus community. To stay current
with information, please visit CSUF’s Titan’s Return: A Phased Approach website. Please review the FAQs to
help answer any of your questions.
EMERGENCY PROCEDURES NOTICE TO STUDENTS
The safety of all students attending California State University Fullerton is of paramount importance. During
an emergency it is necessary for students to have a basic understanding of their personal responsibilities and
the University’s emergency response procedures. In the event of an emergency, please adhere to the
following guidelines.
BEFORE AN EMERGENCY OCCURS
1. Know the safe evacuation routes for your specific building and floor.
2. Know the evacuation assembly areas for your building.
WHEN AN EMERGENCY OCCURS
1. Keep calm and do not run or panic. Your best chance of emerging from an emergency is with a clear
head.
2. Evacuation is not always the safest course of action. If directed to evacuate, take all of your belongings
and proceed safely to the nearest evacuation route.
3. Do not leave the area. Remember that faculty and other staff members need to be able to account for
your whereabouts.
4. Do not re‐enter the building until informed it is safe by a building marshal or other campus authority.
5. If directed to evacuate the campus, please follow the evacuation routes established by either parking
or police officers.
AFTER AN EMERGENCY OCCURS
1. If an emergency disrupts normal campus operations or causes the University to close for a prolonged
period of time (more than three days), students are expected to complete the course assignments
listed on the syllabus as soon as it is reasonably possible to do so.
4
EMERGENCY CALLS
DIAL 9‐1‐1
All campus phones and cell phones on campus reach the University Police
Department.
Non‐emergency line: (657) 278‐2515
24‐hour recorded emergency information line: (657) 278‐4444
2. Students can determine the University's operational status by checking the University's website at
http://www.fullerton.edu, calling the University's hotline number at 657‐278‐4444, or tuning into area
radio and television stations. Students should assume that classes will be held unless they hear or read
an official closure announcement.
5
Course Name: ACCT 573-01 Taxation of Property Transactions
Course Instructor: Ronda Spires CPA, MBT
Phone: (949) 235-4269 (preference is e mail)
Email: rspires@fullerton.edu
Office Hours: MoWe 7-7:30 or by appointment
Class Location/Hours: MoWe 5:30-6:45 IVC Room BSTIC 104
COURSE PRE-REQUISITES:
Accounting 308 and classified MCBE status. If you have not passed the pre-requisites for this class with
at least a C, you will be administratively dropped.
COURSE DESCRIPTION:
This course will cover federal income taxation of property transactions.
COURSE OBJECTIVE:
By the end of the course, students should be able to:
1. Determine the taxability and character of gains and losses on property transactions including but not
limited to defining a capital asset, occurrence of a sale or exchange and basis considerations.
2. Understand the tax treatment of sale of Section 1231 assets and the sale of a business
3. Understand non-taxable exchanges
4. Limitation on deductions and losses
6
COURSE SCHEDULE: Fall 2021 ACCT 573-01
14, 15, 16, 10/5 Capitalization and cost recovery – MACRS, Sec 179, 4,5
17 Bonus Depreciation, Amortization and Recapture
10/10
Principal Residence
10/12
Review of Midterm
10/14
7
23,24 11/2 Deferred Compensation, Restricted Property, Non 6
Statutory Stock Options, Incentive Stock Options
11/7
Writing Assignment #2 due 11/7
33 12/12 Homework Chapter 6-8 Due before Exam 4:45 Final Exam
Exam #2 Cumulative Exam 5:00 – 6:30
GRADING: Plus/minus grading will be used in this course (No rounding for final grade)
GPA %
A+ = 4.0 98–100
A = 4.0 95–97
A– = 3.7 90–94
B+ = 3.3 87–89
B = 3.0 83–86
B– = 2.7 80–82
C+ = 2.3 77–79
C = 2.0 70–76
D = 1.0 60–69
F = 0.0 less than 60%
Full attendance is 35 of the 50 participation points.