Readings

For the readings, Pratt refers to the course textbook: Pratt, J.  Financial Accounting in an Economic Context. 5th ed. John Wiley & Sons, Inc. CP stands for Case Pack, which includes supplemental readings and cases. Additional material is from the Intel 2002 Annual Report, which can be downloaded from their web site.

LEC # TOPICS READINGS
1 Overview Pratt: Chap. 1-2 (including Appendix 1A)
2 Principles of Accrual Accounting Pratt: Chap. 3-4
3 Elements of an Annual Report and Financial Ratios Pratt: Chap. 3 & 5

Intel 2002 Annual Report - all
4 Revenue Recognition Pratt: Chap. 6, review Chap. 3 (especially pp. 83-85) and Chap. 5 (p. 126)

Intel: Notes
5 Revenue Recognition Bruns Jr., William J., and Susan S. Harmeling. Circuit City Stores, Inc (A). Boston, MA: Harvard Business School Publishing, 1993. Case No. 9-191-086.
6 Inventory / Cost of Goods Sold Pratt: Chap. 7, Intel p. 26

CP: Understanding LIFO / FIFO
7 Long-Term Assets / Depreciation Pratt: Chap. 9, Chap. 4 (pp. 118-130)

Intel: Property, plant and equipment, advertising

Skim in the CP: Wilson, G. Peter. Understanding the Statement of Cash Flows. Boston, MA: Harvard Business School Publishing, 1992. Note No. 9-193-027.
8 Matching Principle for PP&E Bruns Jr., William J., and Eric J. Petro. Depreciation at Delta and Pan Am (A). Boston, MA: Harvard Business School Publishing, 1993. Case No. 9-190-035.
9 Statement of Cash Flow Pratt: Chap. 14

Intel: Cash flow statement

CP: Wilson, G. Peter. Understanding the Statement of Cash Flows. Boston, MA: Harvard Business School Publishing, 1992. Note No. 9-193-027.
10 Additional Discussion of Topics
11 Accounting for Taxes Pratt: Appendix 10B

Intel: Provision for income taxes
12 Marketable Securities Pratt: Chap. 8 (through p. 332)

Intel: Investments
13 Current Liabilities / Long-Term Debt Pratt: Chap. 10

Bruns Jr., William J., and Susan S. Harmeling. Accounting for Frequent Fliers. Boston, MA: Harvard Business School Publishing, 1993. Case No. 9-192-040.
14 Long-Term Debt Pratt: Chap. 1 through 484, Appendix B

Intel: Notes
15 Leases and Off-Balance Sheet Financing Pratt: Chap. 11 (p. 484 to end, review Appendix B)
16 Introduction to Cost Concepts

CP: Bruns Jr., William J. Brief Introduction to Cost Accounting. Boston, MA: Harvard Business School Publishing, 1993. Note No. 9-192-068.

CP: Bruns Jr., William J. Activity Accounting--Another Way to Measure Costs. Boston, MA: Harvard Business School Publishing, 1993. Note No. 9-193-044.

17 Activity-Based Costing CP: Cooper, Robin, and Karen H. Wruck. Siemens Electric Motor Works (A): Process-Oriented Costing. Boston, MA: Harvard Business School Publishing, 1993. Case No. 9-189-089.
18 Moving Beyond ABC

CP: Kaplan, Robert S. One Cost System Isn't Enough. Boston, MA: Harvard Business Review, 1988.

CP: Cooper, Robin, Peter B.B. Turney, and Christopher Ittner. Seligram Inc.: Electronic Testing Operations. Boston, MA: Harvard Business School Publishing, 1993. Case No. 9-189-084.

19 Managerial Accounting and Financial Reporting CP: Merchant, Kenneth A., and Lourdes Ferreira. Scovill Inc.: NuTone Housing Group. Boston, MA: Harvard Business School Publishing, 1993. Case No. 9-186-136.
20 Wrap-up