I will add our course notes to this page as I finalize them during the semester. As time permits, I will also put links to the note files on the "Course Schedule" page. In addition to the course notes, I have also provided some additional links to interesting or important information and the links to the notes provided by the Scott book. These may be helpful for concepts that you are not yet comfortable with.
Remember that copyright protected materials (such as our course readings) are available only through the library's e-reserve service or using the library's "find articles" feature http://www.lib.uidaho.edu/
Course Notes
The Nature of Accounting
Ideal Conditions (Excel Template)
Decision Usefulness (Excel Template)
Academic Research in Accounting
Designing a Study - M&M'sŪ Example (Excel Template)
Accounting Standard Setting
Other Important or Interesting Links
Historical Development of Accounting Standards
Theories of Income Determination (asset-liability vs revenue-expense approach)
Standard Setting in US - note organizer (doc)
Standard Setting in the US (ppt)
Revising Conceptual Framework - FASB & IASB May 2005 document (pdf file - also available on FASB web site)
Historical "frameworks" for comparison
AICPA Accounting Research Study 1- highlights (Moonitz 1961)
AICPA Accounting Research Study 3 - Highlights (Sprouce & Moonitz 1962)
See also APB's Statement No. 4 and definitions from CAP in the Accounting Research Bulletins on your FARS CD-ROM. The original "five general principles" from the 1933 effort are in Chapter 1 of ARB No. 43 - also on your FARS CD-ROM.
Differences between IASC and FASB Conceptual Frameworks (summary from one of your predecessors in the MSAcct program)
Scott Notes and Tools
Ch 1 Financial Accounting Theory (textbook author slides)
Chapter 2 Accounting Under Ideal Conditions (textbook author slides)
Chapter 2 Accounting Under Ideal Conditions (Teresa Gordon's version of textbook slides)
Chapter 3 The Decision Usefulness Approach to Financial Reporting (textbook)
Information Economics (Teresa's version of Ch 3 slides)
http://members.aol.com/johnp71/bayes.html - provides a "calculator" to do revised probabilities using Bayes Theorem
Excel sheet example - Bayes Theorem "table" style solution: Bayes Theorem Example created by Teresa Gordon - shows solution for In-Class Example - Ch 3 - Decision Theory as well as textbook example
My version of Ch 4 lecture: Chapter 4 Efficient Securities Markets
Chapter 4 Efficient Securities Markets (textbook author)
Chapter 5 The Information Perspective on Decision Usefulness (textbook author)
Chapter 6 (textbook author)
Hands-On Empirical Research Assignments ("event study" and application of Ohlson model similar to Example 6.1)
Event Study Example - Xerox Woes - data used in class (refer to for "event study" assignment)
My lecture notes on Chapters 6 & 7:
Chapter 7 Measurement Perspective Applications (textbook author)
Chapter 8 Economic Consequences and Positive Accounting Theory (textbook author)
My lecture notes related to Chapters 8 & 9: Principal-Agent Theory & Positive Theory of Accounting
CHAPTER 10 Executive Compensation
Chapter 11 - Scott 4th ed
CHAPTER 12 - Scott 4th ed
CHAPTER 13 - Scott 4th ed
INTERNET LINKS
To look for topics for your position paper, check out the following sites:
Financial Accounting Standards Board
Government Accounting Standards Board
American Institute of Certified Public Accountants
International accounting links:
International Accounting Standards Board: http://www.iasb.org/standards/summaries.asp
http://www.iasplus.com/standard/standard.htm (Deloitte & Touche summaries of IASB documents and IFRS (International Financial Reporting Standards) - also has information and links to accounting standards in various foreign countries.
site with lots of international links:
http://library.weber.edu/cm/business/courses/acctng3500.cfm#compare
PWC - various comparison documents between US GAAP, IFRS, and standards of other countries: http://www.pwc.com/extweb/pwcpublications.nsf/docid/0926233008C4060380256AE700566123