Spring 2020 Course Syllabus
Course: ACNT-2333- Section: 01
Advanced Accounting 		LSCPA Logo Image
Instructor Information
Instructor Tamalla Jones
E-mailgreentd1@lamarpa.edu
Phone(409) 984-6247
Office
Location:Umphrey Industrial Technology Center - Room: 201
Hours:TBA
Department
Business and Industrial Technology
Chair:Sheila Guillot
E-mail:guillsr@lamarpa.edu
Phone:(409) 984-6381

If you have a grievance, complaint, or concern about this course that has not been resolved through discussion with the Instructor, please consult the Department Chair.
Course Information
Description Methods of measuring and communicating financial information with emphasis on consolidated statements and other complex business transactions.
Prerequisites ACCT 2302, ACNT 1329, ACNT 1311
Learning Outcomes 1. Identifies all main ideas, supporting details, and vocabulary in reading material;
demonstrates a full understanding of the reading (PSLO ALPHA), measured by
pre-post exam
2. Define accounting terminology (PSLO ALPHA), measured by embedded exam questions
3. Apply accounting concepts related to cash and payroll (PSLO 2), measured by embedded
exam questions
4. Analyze and record business transactions in a manual and computerized environment
(PSLO 2), measured by application rubric
5. Complete the accounting cycle (PSLO 2), measured by application rubric or quiz
6. Prepare financial statements (PSLO 2), measured by application rubric or embedded
exam questions
7. Proofread accounting records (PSLO 4), measured by application rubric
Core Objectives
Program Student Learning Outcomes PSLO ALPHA: Reading skills - Demonstrates comprehension of content-area reading material.
Identifies all main ideas, supporting details, and vocabulary in reading material; demonstrates a
full understanding of the reading.
PSLO 1: Critical Thinking Skills- Uses creative thinking, innovation, inquiry and analysis,
evaluation and synthesis of information.
Creatively identifies problem, argument, or issue (to determine extent of information needed);
differentiates the facts from opinions as relates to situation; constructs possible solutions or
prediction or consequences; uses logical, sound reasoning to justify conclusion.
PSLO 2: Communication Skills- Demonstrates effective development, interpretation and
expression of ideas through written, oral and/or visual communication.
Expresses a strong thesis; organizes information with effective transitions & sequencing of ideas;
uses substantial, logical & specific development of ideas; details are relevant, original, credible
and correctly documented when appropriate to show an effective development and interpretation
of ideas; and presents ideas in appropriate mode of expression for the task.
PSLO3: Empirical and Quantitative Skills- Applies the manipulation and/or analysis of
numerical data or observable facts resulting in informed conclusions.
Identifies mathematical or scientific principles needed to complete task; uses mathematical or
scientific principles needed to complete task; analyzes how to use the principles; and applies
problem-solving skills in mathematical or scientific principles needed to complete task with
correct informed conclusions.
Textbooks Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.

Fundamentals of Oil and Gas Accounting, 6th edition
Lecture Topics
Outline		 Week 1    Course Introduction

Week 1    Chapter 1:    Upstream Oil and Gas Operations

Week 2    Chapter 2:    Introduction to Oil and Gas Accounting

Week 3    Chapter 3:    Oil and Gas Reserves

Week 4    Chapter 4:    Nondrilling Exploration Costs-Successful Efforts
                
Week 5    Chapter 5:    Acquisition Costs of Unproved Property-Successful Efforts

Week 6    Chapter 6:    Drilling and Development Costs-Successful Efforts

Week 7    Chapter 7:    Proved Property Cost Disposition-Successful Efforts        
            
Week 8    Spring Break
    
Week 9    Chapter 8:    Full Cost Accounting

Week 10    Chapter 9:    Production Activities and Project Analysis

Week 11    Chapter 10:    Asset Retirement and Environmental Obligations

Week 12    Chapter 11:    Impairment and Disposal of Long-Lived Assets

Week 13    Chapter 12:    Accounting for Revenue from Oil and Gas Sales

Week 14    Chapter 12:    Accounting for Revenue from Oil and Gas Sales

Week 15 Review

Week 16    Final
Major Assignments
Schedule		 Week 1    Course Introduction

Week 1    Chapter 1:    Upstream Oil and Gas Operations

Week 2    Chapter 2:    Introduction to Oil and Gas Accounting

Week 3    Chapter 3:    Oil and Gas Reserves

Week 4    Chapter 4:    Nondrilling Exploration Costs-Successful Efforts
(Monday Feb 10, 2020 Chapter 1-3 Exam 1 Posted)
         (Homework (1-3) and Exam 1 Due Feb. 17, 2020 11:59pm)
                
Week 5    Chapter 5:    Acquisition Costs of Unproved Property-Successful Efforts

Week 6    Chapter 6:    Drilling and Development Costs-Successful Efforts

Week 7    Chapter 7:    Proved Property Cost Disposition-Successful Efforts        
(Monday Mar. 02, 2020 Chapter 4-6 Exam 2 Posted)
(Homework (4-6) and Exam 2 Due Mar. 16, 2020 11:59pm)
            
Week 8     Spring Break
    
Week 9    Chapter 8:    Full Cost Accounting

Week 10    Chapter 9:    Production Activities and Project Analysis

Week 11    Chapter 10:    Asset Retirement and Environmental Obligations
(Monday Mar. 30, 2020 Chapter 7-9 Exam 3Posted)
(Homework (7-9) and Exam 3 Due Apr. 06, 2020 11:59pm)

Week 12    Chapter 11:    Impairment and Disposal of Long-Lived Assets

Week 13    Chapter 12:    Accounting for Revenue from Oil and Gas Sales

Week 14    Chapter 12:    Accounting for Revenue from Oil and Gas Sales

Week 15 Review

Week 16     (Monday May 04, 2020 Final Exam Chapters 10-12; Due May 11, 2020 11:59pm)
(Homework (10-13) and Exam 3 Due May 11, 2020 11:59pm)
Final Exam Date May 12, 2020 - 8:00 AM   Through  May 12, 2020 - 10:00 AM
Grading Scale  90 - 100=A    80 - 89=B    70 - 79=C     60 - 69=D    Below 59 = F
Determination of
Final Grade		 Test 60%
Homework 25%
Final Exam 15%
Course Policies
Instructor Policies There will be no makeup exams. If you miss any exams, those exams will be given a grade of
zero. Please speak with me if you know in advance that you will be missing any exams.
There will be a comprehensive final exam. All students must take the exam on the scheduled
date and time, and failure to do so will result in a 0 on the final exam.
Every student MUST have a copy of the required textbooks by the second week of class. The
student will still be responsible for any assignments given. Failure to have a text may result in
being dropped from the class.
Failure to follow instructions (written or oral) will result in penalties.
Students should keep a record of their grades/average. Instructor(s) will not average grades for
students. Instructors do not ?drop? grades.
For each assignment, students must complete the entire lesson (file) on their own. Students are
never allowed to use anyone?s USB or file but their own, or work together. Students should
never lend their file to another student nor should a student have any other students work in their
possession for any reason. If a student uses another student?s files, both students are considered
guilty of cheating. If caught cheating, the students will get a ?0? on the assignment. If a second
incidence occurs, both students will be given a final grade of ?F? for the course.

The following behaviors will result in the student being asked during class time to cease the
action and/or leave the classroom: using cell phones, talking, or keying while the instructor is
giving instructions or during class discussions; leaving class early without informing the
instructor; surfing the Internet during lecture; and displaying a rude or negative behavior toward
the instructor or other students.
No cell phones should be visible or heard during class. Again, you may be asked to leave the
room for the remainder of the class. No blue tooth technology or recording of lectures in any
format (unless approved by the instructor). No charging of cell phones in the classroom.
Attendance Policy Poor attendance is a leading reason for termination from a job in all areas of employment. With
this factor in mind, the instructor monitors student attendance daily. In addition, attendance on a
regular basis is necessary for proper skill development.
The instructor reserves the right to drop any student missing more than two weeks of class (six
MWF classes, four TR classes, and two weeks with no online class or lab participation).
Quizzes may be given at the beginning of the class period. Students coming in to class late will
not be allowed to take quizzes already turned in. A grade of zero will be recorded for the quiz.
Tardiness is not acceptable. Frequent tardiness to class will result in a meeting between the
student and instructor. Continued tardiness will result in a ten-point penalty on the student?s final
course grade.
Assignments are due at the beginning of each class; student assignments coming in late will be
assessed a penalty, even if the student arrives to class late and turns in work.
Students are responsible for completing all assigned homework, including reading assignments,
by the required due dates and for being prepared for each class meeting. This applies even if you
were absent from the previous class meeting.
Academic Honesty Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSC-PA policies (Section IX, subsection A, in the Faculty Handbook) for consequences of academic dishonesty.
Facility Policies
  1. No food or tobacco products are allowed in the classroom.

  2. Only students enrolled in the course are allowed in the classroom, except by special instructor permission.

  3. Use of electronic devices is prohibited.
Important Information
ADA Considerations The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241.
MyLamarPA Be sure to check your campus E-mail and Course Homepage using MyLamarPA campus web portal (My.LamarPA.edu). When you've logged in, click the email icon in the upper right-hand corner to check email, or click on the "My Courses" tab to get to your Course Homepage. Click the link to your course and review the information presented. It is important that you check your email and Course Homepage regularly. You can also access your grades, transcripts, and determine who your academic advisor is by using MyLamarPA.
Other
HB 2504 This syllabus is part of LSC-PA's efforts to comply with Texas House Bill 2504.