Study GuideFinal ExamStudy Guide Final Exam Logistics: • Three hours • Friday 12/17 1:00 PM – 4:00 PM Most recent material that the student is responsible for: • Chapters 10, 11, 12, and 17 of text • All lectures, handouts, slides, homework, and in class practice problems Topics that deserve your attention and can show up anywhere on the exam: Chapter 10 • Costs to be capitalized (initial cost of assets) • Lump sum purchases • Non-cash acquisitions (non-monetary exchanges) • Self-constructed assets (interest capitalization) Chapter 11 • Straight line and declining balance depreciation methods • Partial periods including half year rule • Impairment of PPE Chapter 12 • Valuation and amortization of intangibles • Goodwill • Negative Goodwill (bargain purchase) • Impairment of intangibles (limited life, indefinite life, goodwill) Chapter 17 • Equity securities as well as Trading and AFS debt securities • Fair value adjustment related to Trading and AFS securities • Equity method (including advanced journal entries for additional depreciation) Topics that won’t be covered: Chapter 10 • Overhead allocation • Costs subsequent to acquisition Chapter 11 • MACRS depreciation • Sum of Years Digits • Group and Composite Depreciation • DepletionChapter 12 • Knowing the different types of intangible assets or their legal lives • Software costs Chapter 17 • Impairment of trading, AFS and held-to-maturity securities • Amortization of HTM securities • Reclassification of securities • Fair Value