Course Number:

22-410-471/875

Course Name:

Consolidated Financial Statements and Business Combinations

Prerequisites:

Accounting 323 or equivalent

Required Text:

Advanced Accounting Seventh Edition

 

by Hoyle, Schaefer, and Doupnik

Course Instructor:

Dr. Sale

Office:

Lindner 303

Office Hours:

MW 1:30 PM to 3:30 PM

Office Telephone:

556-7062

Email:

tim.sale@uc.edu

Website:

http://www.cba.uc.edu/faculty/sale/acct471.htm

 

Lecture

Date

 

Topic

Reading

Assignment

6/20

6/22

6/27

6/29

Introduction

Accounting for Business Combinations

Accounting for Purchase Combinations

Accounting for Pooling of Interest Combinations

Date of Acquisition Consolidation for Purchase Combinations

without Noncontrolling Interest

Date of Acquisition Consolidation with Noncontrolling Interest

Chapter 1

Chapter 2

 

7/4

Holiday

7/6

7/11

Accounting for Long-Term Investments in Common Stock

Cost/Fair Value Method vs. Equity Method

Accounting for Goodwill

Chapter 3

7/13

Examination on Chapters 1, 2, and 3 (closed book) (in class)

7/18

7/20

Alternative Concepts of Consolidation

Post-Acquisition Consolidation for Purchase Combinations

without Noncontrolling Interest - Equity Method

Post-Acquisition Consolidation with Noncontrolling Interest

Chapter 4

 

Examination on Chapters 2 and 4 (take home) (due on 7/25 at 9:30 AM)

7/25

7/27

Intercompany Merchandise Transfers

Chapter 5

 

8/1

8/3

Intercompany Land Transfers

Intercompany Depreciable Asset Transfers

Chapter 5

 

8/8

8/10

No Class

 

 

 

Examination on Chapter 5 (take home) (due on 8/15 at 9:30 AM)

8/15

8/17

8/22

8/24

Intercompany Debt Transactions

Intercompany Notes

Acquisition of Outstanding Debt

Chapter 6

pp. 263-271

 

Examination on Chapter 6 (take home) (due on 8/29 at 9:30 AM)

 

Computation of Final Grade

First Examination

550

points

A

3,393 to 3,770 points

Second Examination

570

 

B

3,016 to 3,392 points

Third Examination

1,050

 

C

2,639 to 3,015 points

Final Examination

1,600

 

D

2,262 to 2,638 points

Total Points

3,770

points

F

Below 2,262 points