Montclair State University

1
Montclair State University

• Accounting 520
• Contemporary
• Issues in
• Financial
• Accounting I

2
Montclair State University

• Accounting 520
• Contemporary
• Issues in
• Financial
• Accounting I

3
Montclair State University

• Accounting 520
• Contemporary
• Issues in
• Financial
• Accounting I

4
Montclair State University

• Accounting 520
• Introductory
• Comments

5
Contemp. Issues in Finan. Acctg. I

• Prof. Leo McMenimen

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Contemp. Issues in Finan. Acctg. I

• Prof. Leo McMenimen
• (W) 973-655-7457

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Contemp. Issues in Finan. Acctg. I

• Prof. Leo McMenimen
• (W) 973-655-7457
• (H) 732-238-1968

8
Contemp. Issues in Finan. Acctg. I

• Prof. Leo McMenimen
• (W) 973-655-7457
• (H) 732-238-1968
• 6 a.m. until 1000 p.m.

9
Contemp. Issues in Finan. Acctg. I

• Prof. Leo McMenimen
• (W) 973-655-7457
• (H) 732-238-1968
• 6 a.m. until 1000 p.m.
• I will not return calls

10
Contemp. Issues in Finan. Acctg. I

• Prof. Leo McMenimen
• (W) 973-655-7457
• (H) 732-238-1968
• 6 a.m. until 1000 p.m.
• I will not return calls
• MCMENIMENL_at_mail.montclair.edu

11
Contemp. Issues in Finan. Acctg. I

• Prof. Leo McMenimen
• (W) 973-655-7457
• (H) 732-238-1968
• 6 a.m. until 1000 p.m.
• I will not return calls
• MCMENIMENL_at_mail.montclair.edu
• (fax) 973-655-7968

12
Office Hours

• 312 Partridge Hall

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Office Hours

• 312 Partridge Hall
• Monday
• 100 p.m. to 200 p.m.

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Office Hours

• 312 Partridge Hall
• Monday
• 100 p.m. to 200 p.m.
• Thursday
• 115 p.m. to 215 p.m.
• 545 p.m. to 645 p.m.

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Office Hours

• Times most likely to find me in office
• Check at photocopy machine
• Catch me before/after class
• Suggest appointment

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Web-AssistedCourse
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Text

• Intermediate Accounting
• eleventh edition
• Kieso, Weygandt and Warfield
• FASB pronouncements
• No need for study guides
• No need for accounting paper
• No need for work papers
• Need not bring to class

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Grading

• Grading
• Weight
• Five Quizzes 25

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Grading

• Grading
• Weight
• Five Quizzes 25
• Two Semester Exams (equal weight) 50

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Grading

• Grading
• Weight
• Five Quizzes 25
• Two Semester Exams (equal weight) 50
• Final Exam 25
• 100

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Exams/Quizzes

• Course grade is a mathematical average
• No /- grades
• Regrade tests/quizzes - day returned only
• Automatic regrading of final exam - 5 point
  guideline
• Retain all exams/quizzes until final grade
  received
• No extra credit projects

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Exams/Quizzes

• Exams/Quizzes announced
• All quizzes and exams are comprehensive, although
  concentration will be on new material

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Course Topics

• Review of The Basic Recording Process and
  Financial Statement Preparation
• Income Statement
• Cash
• Receivables
• First Exam

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Course Topics

• Inventory
• Investments
• Second Exam

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Course Topics

• Liabilities
• Final Exam

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Seating Chart Next Class
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Questions

• ?

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Calculator

• Obtain calculator

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Calculator

• Obtain calculator, even cheap one

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Study Guide
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Class Notes
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Cell Phones, Beepers, Etc.

• The use of beepers, cell phones, pagers or any
  other noise-emitting devices will not be
  permitted during class.

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Professor McMenimen
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Introductory Comments