California
State University, Fullerton
College of Business Administration and Economics
Department of Accounting
Accounting 510
Seminar in Financial Accounting
Section 1, 3 units, Schedule Number 10077
Spring 2003
Paul Sheldon Foote
SYLLABUS
Students in this section will have hands-on
experience with SAP R/3 and with Peachtree software.
California State University, Fullerton is a member of the SAP University
Alliance Program and of the Peachtree Educational Partnerships Program
SAP R/3 and Peachtree are trademarks of SAP AG and of Peachtree Software
http://business.fullerton.edu/sap
Peachtree Software, Inc.: http://www.peachtree.com
Prerequisites: Accounting 201B or 511 and classified CBE status
Class
Meetings: MH
514, Mondays, 7:00 – 9:45 P.M.
Department of
Accounting Mission Statement
Our
mission is to provide innovative and high-quality undergraduate and graduate
accounting programs to a diverse student population.
The department is committed to providing an environment for
continuous faculty improvement and to promoting involvement with the
business and professional community.
Course
Objectives (Focus):
This
course will focus upon 3 major objectives: (1) financial accounting
principles (2) fraudulent financial reporting (3) financial accounting
software.
Teaching
Method:
This is a graduate seminar course, not a lecture course.
As such, a major emphasis will be upon research assignments.
Office: 617 Langsdorf
Hall (Fullerton), ETC-121 (El Toro)
Office Hours: 6:00 – 7:00 P.M., by appointment,
Mondays (Fullerton), Tuesdays and Thursdays (El Toro)
Telephone: (714)
278-2682 (Fullerton), (949) 936-1750 (El Toro)
Electronic
Mail: pfoote@fullerton.edu
Web Sites: http://business.fullerton.edu/pfoote/
CSUF’s SAP R/3 Web Site: http://business.fullerton.edu/sap
CSUF’s XBRL Web Site: http://business.fullerton.edu/xbrl
Class
Attendance: You may be called upon to present your assignments.
Examinations may include any materials presented in class meetings.
Your prompt and faithful attendance could make the difference between
success and failure in this course.
Bookstores:
Titan
Bookstore, 800 North State College Boulevard, Fullerton, CA 92834, (714)
278-3418, (714) 278-2031 FAX. El Toro Campus:
ETC-220, (949) 936-1635.
You
may purchase textbooks online at:
http://bookstore.fullerton.edu
Text
Mart, 2436 East Chapman Avenue, Fullerton, CA 92831, (714) 449-7999, (714)
449-7990 FAX
The
following Web sites will find the best online book prices:
Required Textbooks and Learning Aids:
Horngren, Charles T., Gary L. Sundem, and John A. Elliott, Introduction to Financial Accounting and Cisco Report Package, Eighth Edition, Prentice Hall, 2002. ISBN 0-13-071847-5 (shrink-wrapped with Peachtree Complete 8.0 software)
This package includes: (1)
the textbook (2) 2000 Annual Report for Cisco Systems,
Inc. (3) CD with Peachtree Complete 8.0 software.
Schilit,
Howard, Financial Shenanigans:
How to Detect Accounting Gimmicks &
Fraud in Financial Reports, 2nd Edition, McGraw-Hill,
2002. ISBN 0071386262
Topics Covered in Introduction to Financial Accounting:
Chapter
Topic
1
Accounting: The Language
of Business
2
Measuring Income to Assess Performance
3
Recording Transactions
4
Using Financial Statements
5
Accounting for Sales
6
Inventories and Cost of Goods Sold
7
Long-Lived Assets and Depreciation
8
Liabilities and Interest
9
Valuing and Accounting for Bonds and Leases
10
Statement of Cash Flows
11
Stockholders’ Equity
12
Inter-corporate Investments and Consolidations
13
Financial Statement Analysis
14
Conceptual Framework and Measurement Techniques
Topics Covered in Financial Shenanigans:
Please see the next
page.
Required Web Sites:
Submit
your final version of all written assignments, by the deadline,
to this Web site. After this
Web site has processed each written assignment, you will be able to see the
written assignments submitted by all students in your course plus an
originality report for your written assignment.
At this Web site, you will find PowerPoint slides and downloadable
“Student User Manual” (in .pdf and Microsoft Word 2000 formats). The following instructions summarize the major steps to
perform in using this Web site:
Step
1: Set up your personal home
page. Register as a new user.
Click: “User Log
In.” Complete the required
(but not the optional) personal information, including an email address and
a password.
Step
2: Log in as a student, using
your email address and password.
Step
3: Join new class.
Class ID = 58058
Enrollment password = ACCT510
Step
4: View assignments.
You must specify the correct assignment number for each assignment
you upload to the system.
Step
5: Upload a research paper.
Copy and paste from your Microsoft Word or WordPerfect file into the
appropriate sections at the Web site: (a)
main text (b) abstract (c) bibliography.
Do NOT place any identifying information (such as:
your name, social security number, address, email address) in any of
these 3 sections. Include the
requirement numbers for each section of your paper, but do NOT include the
assignment requirements. If
everyone repeats the assignment requirements, then the system will show the
links to the papers of other students as being the same.
CBE Tutoring Center:
Free tutoring is available
for this course in MH-46. For
details and registration, see:
http://business.fullerton.edu/tutor/cbetutor
Telephone:
(714) 278-2704. Email: cbetutor@fullerton.edu
Recommended Textbooks and Learning Aids:
Harnack,
Andrew, and Eugene Kleppinger, Online!, St. Martin’s Press, New
York,
2001. ISBN:
0312400683
Lunsford,
Andrea, and Robert Connors, Easy
Writer, Bedford/St. Martin's Press,
New York, 2000. ISBN: 0312255918
Recommended Web
Sites:
Accounting Software
Annual Reports
Annual Report Service
http://www.annualreportservice.com/
WILink, Inc.
(1) listen to conference presentations (2) listen to
a company Webcast (3) order a prospectus (4) order annual report
World Investor Link, Inc.
For a list of free annual reports and prospectuses
(many available for downloading), see:
http://www.worldinvestorlink.com/ars
Bots
For
my research, I use BullsEye from IntelliSeek, Inc. You may use BullsEye at
the Web site or download a free version from:
Certification
Certified Information Technology Professional (CITP)
Citation Styles
For a comparison of Chicago, MLA, APA, and CBE
citation styles for referencing online sources:
http://www.bedfordstmartins.com/online/cite7.html
Company Data
Economist
http://www.economistacademic.com/
for student subscriptions to The
Economist
FASB Original
Pronouncements
http://www.library.fullerton.edu/er/depts/accounting.htm
For home access to FASB Original Pronouncements and other Accounting resources available at CSUF’s library, see:
http://www.library.fullerton.edu/CSUFProxy/connectfromhome.htm
If you need additional help with doing research using CSUF’s library, contact:
Carol Bednar
Government
Documents Librarian
Chair,
Dept. of Technical Services
Pollak
Library
Cal
State Fullerton
Fullerton,
CA 92834
(714)
278-7035 (voice)
(714)
278-2439 (fax)
Libraries
http://guides.library.fullerton.edu/introduction/
Microsoft Great
Plains
http://www.greatplains.com/partners/ean/
Newsgroups
Peachtree
Software
Portals
http://www.ittoolbox.com/
Ittoolbox
and
http://www.openitx.com
Open IT Exchange
The purpose of this portal is to provide a place for
students and professionals to find resources and exchange ideas about IT
topics. There are specialized
groups for technical questions on topics such as SAP R/3. You may subscribe to receive free email on specialized
topics.
If you think that any of your research papers are of
high enough quality to help advance your career, then you may email the
research papers for consideration for posting to: academicprogram@ITtoolbox.com
SAP R/3
http://business.fullerton.edu/sap
Scholarships
http://www.fullerton.edu/financialaid/scholar/
Search Engines
http://all4one.searchallinone.com
Translations
(of Web searches, documents, email in foreign languages)
http://www.babelfish.com/Translations.shtml
http://babelfish.altavista.com/
XBRL
XML
Registration and Fees; Add/Drop Procedures:
Please
consult your current Class Schedule for the TITAN add and drop periods and
procedures. Professors sign add or drop forms only during specified periods
for each course. Professors will administratively drop students who do not
attend during the first week unless students notify the professor (or the
department) within 24 hours of their intention to maintain their enrollment.
Incomplete Authorized (I):
CSUF
policy permits instructors to give incomplete grades only for extraordinary
reasons beyond the student's control: (1) illness (2) extraordinary
financial problems (3) loss of outside position.
Withdrawal (W):
"Students
may withdraw from class during the first two weeks of instruction without
record of enrollment." After that, the university may approve a W only
for documented, serious reasons.
Unauthorized
Incomplete (U):
”The symbol U indicates that an
enrolled student did not withdraw from the course but failed to complete
course requirements.
It is used when, in the
opinion of the instructor, completed assignments or course activities or
both were insufficient to make normal evaluation of academic performance
possible. For purposes of grade-point average computations, this symbol is
equivalent to an F.
Students may petition
for retroactive withdrawal from individual courses or from an entire
semester, provided they can document both the serious and compelling reasons
or circumstances that required the withdrawal and the date of such
withdrawal. Such a petition must be filed within 30 days after the first
class day of the following semester.”
Please
note that my interpretation of these university grading policies is that the
appropriate grade for a student not taking the final examination is an F.
For
more details on these university grading policies, see:
http://www.fullerton.edu/catalog/university_regulations/gradpol.asp
Grading:
Grading
will be based upon the distribution of total points at the end of the course
only: straight scale (90% A, 80% B, 70% C, 60% D) or curved. Curving
techniques: (1) straight scale applied to your percentage of the top
student's total score (2) z score = (your score - class mean)/class standard
deviation. My Excel spreadsheet selects the highest grade.
Grade
Value Straight Scale
z score
A
4.0 90%
- 100%
+0.68 and above
B
3.0 80%
- 89%
-0.67 to +0.67
C
2.0 70%
- 79%
-1.24 to –0.68
D
1.0 60%
- 69%
-1.80 to –1.25
F
0.0 0% -
59%
-1.81 and below
Financial Shenanigans Research Papers and Presentations: 18%
Cisco Financial Statement Analysis: 2%
In order to receive full credit, you must present your research findings (if called upon) and submit your research paper during the assigned class meeting. Failure to present your research findings or to submit your research papers late may result in reduced or in no credit. By each due date, you must upload your research paper to:
In order to receive full credit, the resulting Report Summary must show:
“We found 0 documents, either within our local database or on the Internet, that contain similar or exact passages to those in your paper.”
Overall Similarity Index = 1
Plagiarism, from Internet or from other sources, will have the consequence of no credit for the research paper. Repeated plagiarism will have the consequence of reports to the Vice President for Student Affairs.
Midterm
Examination: 38%
Final
Examination: 38%
Examinations are closed books and closed
notes. There will be assigned
seating. The typical format
will be one or more of the following formats:
short answer, fill-in-the-blank, matching, and multiple- choice.
There will never be any True or False questions. Examination
questions may cover all materials presented in class meetings plus all
assigned readings. There will
be NO makeup or early examinations.
Peachtree Assignment: 2%
SAP R/3 Assignment:
2%
Student
Computer Laboratory
In order to use MH47, students must be DECLARED
MAJORS in the College of Business and Economics, College of Communications,
College of Human Development and Community Service, or the College of
Humanities and Social Sciences. Students who are NOT DECLARED MAJORS
in the above mentioned colleges would not be automatically allowed entrance
to MH47. (This includes EXTENDED EDUCATION students!) If you are not a
declared major in any of the above colleges and need to use the facilities
in MH47, please inform me so that I can send a list to Jay Jimenez.
You will need to ask for “special entrance” in MH47 via the
“EXCEPTIONS LIST”. (The student assistants on duty in MH47 will
manually check the class lists you provide to ascertain that you are
actually enrolled in my course. Once your enrollment has been
verified, you will be allowed in MH47. This procedure will be followed EACH
time you seek entrance to MH47)
Business
Writing Program
If
you receive two grades on your research paper (such as B/A), it means that
you have earned the lower grade on the paper. You may raise the grade by
making an appointment with the SBAE Writing Lab (FTS-1001, 278-2704),
discussing your writing errors with a graduate assistant, and re-submitting
a paper with corrections. Microsoft Word has excellent spelling and grammar
checkers plus a thesaurus. Use them to improve the quality of your work.
Writing
Center
The
Department of English and Comparative Literature provides tutors who will
help you improve your writing (ideas for how to rewrite your papers, correct
confusing prose, and explain grammatical errors). They will not edit or
proofread your papers. You must have your student ID with you whenever you
use the Writing Center. You may change tutors at any time for any reason. In
addition to taking a printed paper with you, you may take a disk containing
the file of your paper. Humanities Building 528. Telephone: 278-3650 to make
an appointment (half an hour or one hour).
Academic Dishonesty
The
University's policy on academic dishonesty is that the faculty may assign an
F in the course and send a formal report to the Vice President for Student
Affairs for possible university-level disciplinary action. Do your own,
individual work. Maximize your personal growth as a scholar. Do not copy
solutions from any student or from any other source. CSUF values
intellectual and personal integrity within the learning process. See the
current catalog for complete details.
http://www.fullerton.edu/catalog/
Meetings:
At the first meeting, you will provide me with an email address. All assignments and any changes in class meetings will be communicated to you via email. You are responsible for checking your email daily. Be sure that your mailbox is not full. Be sure that you are using an email account with a service accepting attachments.
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AACSB Course
Content
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Global |
Political |
Social |
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Environmental |
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Assignments and
Presentations: For the text portion of assignments, use 14-point
fonts. Use Word’s spelling
and grammar checking tools.
Research Paper and Presentation Guidelines:
Do:
Use
Microsoft Word’s Header and Footer (under View) to identify each
assignment and the author.
Use
page numbers.
Include
a title for each assignment.
Use
subheadings.
Include
references in the body of your paper (where you use them) and complete
references at the end of the paper.
Use
quotation marks when you quote others.
Label
the sources of any charts or tables you copied from Web sites or from
printed materials.
Check
your spelling and grammar with Microsoft Word.
Use
14-point fonts.
State
a clear focus in the first paragraph.
Explain
the importance of the research problem.
End
your research paper with a conclusion.
Do
NOT:
Confuse
its and it’s.
Use
etc. (or "and so on") when the reader cannot complete the series.
Example
1: Number each page: 1, 2, 3, etc.
Example
2: My favorite things are: stars, birds, etc.
Research Paper References
Your
research paper must include page number references within the body of the
paper.
SAP
Hands-on Assignments: During the course, you will be provided with SAP R/3 accounts
and with detailed instructions on how to complete your SAP R/3 hands-on
assignments.
Log
onto both servers: sbaesap1 and
cbesap. Use sbaesap1 as the
main server as cbesap as the experimental backup server.
Client
= 440
User
ID = PF510-XX (In class, I shall provide each student with a 2-digit number
to use in place of XX).
Initial
Password = (explained in class)
It
is much easier to print via Microsoft Internet Explorer.
So, after you have logged onto the system once, you will be able to
access the system from computers on campus:
http://mteclogite.fullerton.edu/scripts/wgate/webgui/!
for sbaesap1
and
http://mtsapitwa.fullerton.edu/scripts/wgate/webgui/!
for cbesap
It is possible to
log onto SAP from home if you subscribe to Titan Access’ dial-up modem
service:
Instructor: Paul
Sheldon Foote
Education:
BBA, The
University of Michigan--Ann Arbor; MBA, Harvard Business School; Advanced
Professional Certificate in Accounting, New York University; Ph.D., Michigan
State University. Legal studies,
New England School of Law. Persian language studies, Harvard and Michigan
State. Arabic language studies, New York University and Michigan State
University.
Teaching
Experience: University
of Washington, Chapman University, Sultan Qaboos University (Sultanate of
Oman), Pepperdine University, New York University, Oakland University,
Saginaw Valley State University, University of Windsor (CANADA), University
of Michigan--Flint, Michigan State University.
Publications:
CORPORATE PROFITABILITY: Determinants and Forecasts, University
Microfilms International, Ann Arbor, Michigan, 1983; numerous articles,
especially in the Journal of Business
Forecasting.
Public
Accounting Experience: Touche
Ross [now Deloitte and Touche], Los Angeles, 1988.
CPA
Review Experience: California
State University, Fullerton CPA Review, 1998 – present. Conviser-Duffy,
1997. The Mark Dauberman CPA Review Course [now Mark’s CPA Review], Los
Angeles, 1988-1990. Formerly in New York City with: Conviser-Miller; Lambers.
CMA
Review Experience: Malibu
Publishing Company.
Consulting
and Seminar Leading Experience: Financial
Forecasting; What A CPA Should Know About Investment Decisions; Audit
Sampling; Strategic Planning and Information Systems; Fundamentals of EDP
Auditing; Compilation and Review of Forecasts and Projections; Audit Risk,
Sampling and Materiality.
Internal Control Systems and Fraud Auditing consulting.
Business
Experience: Singer
Sewing Machine Company (Greece, Iran, Turkey, Lebanon, Morocco); Citicorp
(Lebanon and India); Mutual of New York (New York City); Barclays Bank
(London, England).
Governmental
Experience: United
States Department of Commerce (Iran); The Regional Development Fund (Oslo,
Norway).
Military
Experience: United
States Army, Vietnam.
Expert
Witness Experience: have
served as an expert witness in litigation involving accounting, 1989.