This course in advanced accounting concepts focuses on relationships between business events and financial statements. The course objective is to develop students who can explain how any given business event will effect the income statement, balance sheet, and the statement of cash flows.
This is a five semester hour course. This course is allotted ten weeks of time. You must complete all of the requirements for the course successfully by the end of the ten week period. Please be cognizant of the time frame. It is rare that extensions of time are permitted, unless you have good justification. Upon successful completion of this course, you will be awarded five semester hours of credit.
There is one required textbook for this course.
Advanced Accounting 9th edition, Fischer/Taylor/Cheng . Thomson ISBN# 0324304013
There will be five (5) True/False or Multiple Choice quizzes and One final exam in this course. You will need your USER ID and PASSWORD to access the exam. The program provides me with the exact times that you accessed the exam. It will also notify me of when you submitted the exam. Shortly after submitting the exam, I will email you with the grade that you earned on each quiz and the exam.
The grading scale for this course is as follows:
90-100% = A
80-89% = B
70-79% = C
Below 70% = Fail
There are no formal written assignments for this course. You will do a lot of independent reading and practice with problems as defined in each chapter.
My name is Michael B. Leamy and I will be your instructor. I have been in the education/training profession for over seven years as an instructor and have been a life long student. I did my undergraduate work at Bentley College where I earned my B.S. in Management cum laude. I then earned my MBA with a concentration in Finance/Accounting at Nichols College. Finally I completed my Doctorate of Education at Breyer State University.
Professionally I began my career as a financial accountant and when I went into management I became a Trainer/Developer. I have work as a consultant/trainer ever since and I really love being in education. In addition I have been an adjunct faculty member at a few local colleges as well as doing some independent consulting work.
On a personal level I am married with one son. I spend most of my time either working or with my family. I understand that family life, work and completing your education is a huge task and I have a great deal of respect for everyone doing so.
You are greatly encouraged to communicate with me. I have a very "friendly, open-door policy" Please email or call me with relevant questions and concerns. I would rather see you ask a question, than struggle or feel frustrated with what is expected of you the student.
It is permissible to accelerate this course. You may choose to take the Exam and complete the Project ahead of the 5 week and 10 week deadlines. Please contact me to make arrangements and confirm approval for this.
Upon completion of this course, you will be able to:
1). Respect and question authority.
2). Proficient in the practice of Advanced Accounting.
3). Proficient in Consolidated Financial Statements.
4). Specialized in Corporate Liquidations and Reorganizations.
5). Accounting for State & Governmental Units-Governmental Funds.
6). Intercompany Profit Transactions.
7). Foreign Currency Concepts & Transactions.
8). Those who are preparing for CPA exams.
9). Consolidation Theories, Push-Down Accounting, & Corporate Joint Ventures.
10). Seeing and planning your future in Accounting.
Please see the link in the "online classroom" for the actual assignments.
If you have any questions regarding this program, you may contact the instructor at
michael.leamy@comcast.net