Accounting Measurement and Disclosure

1
Accounting Measurement and Disclosure

• Introduction

2
Today Administrative Stuff

• Overview
• Syllabus
• Data sheets pictures
• Group assignment sheets
• Attitude measurement sheets
• Preview of Thursdays class

3
Overview

• Measurement broadly definedAccounting
  measurement
• Conceptual framework objectives of accounting
  measurement and characteristics that accounting
  measures should have.
• Applied accounting measurement
• What gets measured and how
• Financial statements
• Elements of financial statements
• Transactions and events

4
Syllabus

• Required texts Gunderson, Course Pak
• FARS CD from Accy 202.
• Compass website Slides, assignments, extra or
  optional readings
• Prereqs 201, 202, 302 concurrent
• Cases, group work, class discussion
  participation problem solving
• Deadlines
• Written communication
• Self learning

5
Syllabus assessment

• Class participation 15
• Group case homework 20
• Individual case homework 20
• Lab performance 10
• Exams
• Midterm 10
• Final 25

6
Syllabus Major Project

• Naturally occurring measurement issue.
• Design measures, justify, interpret
• Also, critique measurement projects for other
  groups.
• Grading Presentation, Content.
• Up to 1/3 of the participation grade
• Replace 1 group case memo grade
• Up to 1/5 of the final exam grade
• Decide at midterm.

7
Syllabus

• Class participation grading criteria
• Participation self-assessment
• Academic Integrity (dictionaries and electronic
  devices)
• Calendar at-a-glance

8
Administrative Stuff

• Student data pictures
• You complete
• Data sheets
• Attitude scale (Well use this Thursday)
• Data for group assignments

9
Thursdays class

• Assignment Read Miller Moso (Course Pak) and
  Jennings Chapter 1 (Compass)
• Discuss Miller Moso (Course Pak)
• Measurement principles (Slides on Compass)
• Define measurement
• Discuss characteristics of a good measure
• In-class non-accounting measurement exercise
• Talk about the FARS assignment due Tuesday the
  25th.
• Short discussion of the FASBs Conceptual
  Framework

10

• The end.