Professor: Richard Lahijani

Email: Rlahijani@deloitte.com
Phone: 212-436-2074
ACCOUNTING 201 SYLLABUS - SPRING 2017
QUEENS COLLEGE OF THE CITY UNIVERSITY OF NEW YORK
DEPARTMENT OF ACOUNTING AND INFORMATION SYSTEMS

COURSE OBJECTIVES
The purpose of this course is to provide students with the skills and knowledge needed to obtain a conceptual, analytical, and practical
understanding of Generally Accepted Accounting Principles (GAAP) specified in the the Financial Accounting Standards Board's (FASB)
authoritative Accounting Standards Codification (ASC). Applicable guidance of the Securities and Exchange Commission will also be
studied.

GAAP is given, in depth, comprehensive coverage and is tempered with a discussion of international financial reporting accounting standards
as they relate to the convergence objectives of the FASB and International Accounting Standards Board. Through pedagogical presentations,
the performance of EXCEL projects, and practice using the FASB’s new ASC, students will be able to fully understand,
utilize, and appreciate the guidance issued by the authoritative bodies of the accounting profession needed to meet
the accounting challenges of our current economic environment.

REQUIRED TEXTS:
INTERMEDIATE ACCOUNTING KIESO, WEYGANDT, AND WARFIELD,
JOHN WILEY, 16th EDITION, 2016

GAAP 2017: HANDBOOK of SIEGEL, LEVINE,QURESHI, AND SHIM

POLICIES and PROCEDURES: CCH - 2017 (ISBN: 978-0-8080-4405-5)

GAAP 2017 HANDBOOK of

POLICIES & PROCEDURES
CHAPTERS QUESTIONS EXERCISES PROBLEMS CHAPTERS
1 1, 2, 4, 10, 11, 14, 15,
20, 21, 22, 25

2 8, 11, 13,14,15, 27 4, 7, 9
30

3 1, 7, 10, 11, 12, 18 5, 10, 14, 20 5, 10

1002-1007; 1027-1046;
4 5, 11, 14, 17, 32, 36 7, 12, 15, 16 1, 3 peruse applicable
annual reports:1067-1167.

3003-3015; 3029-3030; 3057-3060

5 7, 15, 16, 17, 21, 24 2, 13,14 2, 5 peruse applicable annual reports:
3070-3157.

6 3,7,8,10 l,2

Midterm Examination

7 2, 6, 9, 14, 18 2, 9 14 3003-3014

8 2, 3, 6, 12, 19, 20 2, 9, 14, 6 3014-3025

23, 26

9 2, 3, 4, 11, 15 3, 4, 5, 3019-3027
19, 20, 21, 22

10 2, 7, 8, 14, 16, 19 2,5,13,18,19,23 1 3028-3032; 3041-3049

3031-3040; 3055-7.
11 1,3,9,13,18,19 11,16,18 1,2 19067-19077
12 1-4, 8,9,13,15,21 13, 16, 17 2,4 1007-1010; 3057-3066.

Final Examination

SEMESTER PROJECTS:

1) ACCOUNTING STANDARDS CODIFICATION PROJECT (ASC) END TERM PROJECT:

ASSIGNMENT TO BE DETERMINED BY THE INSTRUCTOR.

YOU WILL NEED TO OBTAIN THE COURSE

SUPPLEMENT AT QUEENS COPY CENTER.

GRADING PROCEDURES:

YOUR GRADE WILL BE DETERMINED BY THE FOLLOWING CRITERIA:

MIDTERM EXAM: 35%
FINAL EXAM: 40% NO LATE ASSIGNMENTS WILL BE ACCEPTED!
EXCEL PROJECT: 5% ---------------> DUE LAST DAY OF REGULAR CLASS SESSIONS
ASC PROJECT: 15% ------------------> DUE WEDNESDAY FEBRUARY 15, 2017
CLASS PARTICIPATION: 5%