Teaching

Equity investments

Equity Investments Fair-value Through Net Income (ASC 321) Equity method (ASC 323) Equity method: significant but not controlling influence Equity method: adjustments to investment Fair value election option (ASC 825) Fair value method Journal entries: Fair value Effects on income statements: fair value method Effects on balance sheet statement: fair value method Effects on cash flow statement: fair value method Equity method Journal entries: equity method Effects on income statements: equity method Effects on balance sheet statement: equity method Effects on cash flow statement: equity method Equity Investments Equity -how classify and account for depends on level of influence

BUS 330A Syllabus Fall 2018

Intermediate accounting Subject to revision Contact information Prerequisites Course format Course materials Learning objectives Schedule Grading In-class participation 200 points Quizzes 400 points Exams 400 points Make-up 100 points Policies Intermediate accounting Subject to revision Contact information Instructor: Elizabeth Stanny, PhD Email: stanny@sonoma.edu Office: Wine Center 1016 Office phone number: 664-4287 Office Hours: Mondays 10:30 to 11:30 AM Thursdays 1 to 3 PM Prerequisites BUS 230A Proficiency in spreadsheet software Course format This is a hybrid course.

BUS 430 Syllabus Fall 2018

Advanced accounting Subject to revision Contact information Prerequisites Course format Course materials Learning objectives Schedule Grading In-class participation 200 points Quizzes 400 points Exams 400 points Make-up 100 points Policies Advanced accounting Subject to revision Contact information Instructor: Elizabeth Stanny, PhD Email: stanny@sonoma.edu Office: Wine Center 1016 Office phone number: 664-4287 Office Hours: Mondays 10:30 to 11:30 AM Thursdays 1 to 3 PM Prerequisites BUS 330A BUS 330B Proficiency in spreadsheet software Course format This is a hybrid course.

1-notes-statements

Financial Accounting Objective Financial statements Facebook Financial Accounting Objective Communicate information about financial condition and performance potential lenders can evaluate whether they should lend to a company potential investors can evaluate whether they should invest in a company Financial information includes financial about the reporting company’s Economic resources, claims against a company (Balance sheet) Effects of transactions and other events and conditions that change those resources and claims (Income, Comprehensive income, Stockholders’ equity and Cash flow Statements) Financial statements Balance sheet (Statement of financial condition) Picture of financial condition Assets (A) = Liabilities (L) + Equity (E) Assets resources that have probable future benefits Liabilities claims on resources Equity residual interest in the assets of an company after deducting liabilities