OAKTON COMMUNITY COLLEGE

GENERIC COURSE SYLLABUS

 

I.          Course             Course             Course

            Prefix              Number           Name                           Credit              Lecture            Lab

            ACC                100                  Small Business                3                       3                   0

                                                            Accounting Procedures

 

II.        Prerequisite:

 

            None

 

III.       Course Description

 

Course introduces accounting concepts and procedures relating to small business.  Content includes basic overview of accounting cycle, data entry using manual and computerized systems, analysis and use of financial statement data.  Course does not substitute for ACC 153, Principles of Financial Accounting.  ACC 100 is an option for Oakton accounting majors and may be counted toward A.A.S. in Accounting, Accounting Associate certificate, or the Income Tax Preparation certificate, if taken prior to ACC 153.

 

IV.       Learning Objectives

 

To prepare students to demonstrate the understanding of, and ability to solve problems re:

 

A.        The accounting cycle.

B.        Journal entries using manual and computerized accounting systems.

C.        Other Accounting concepts including cash management, billing, and budgeting.

D.        Basic concepts re: analysis and use of financial statement data.

 

V.        Academic Integrity

 

Students and employees at Oakton Community College are required to demonstrate academic integrity and follow Oakton’s Code of Academic Conduct. This code prohibits:

 

·         cheating,

·         plagiarism (turning in work not written by you, or lacking proper citation),

·         falsification and fabrication (lying or distorting the truth),

·         helping others to cheat,

·         unauthorized changes on official documents,

·         pretending to be someone else or having someone else pretend to be you,

·         making or accepting bribes, special favors, or threats, and

·         any other behavior that violates academic integrity.


There are serious consequences to violations of the academic integrity policy. Oakton’s policies and procedures provide students a fair hearing if a complaint is made against you.  If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.

 

Details of the Code of Academic Conduct can be found in the Student Handbook.

 

 

VI.       Outline of Topics and Assignment

 

A.        The accounting equation

B.        Financial statements

C.        Double entry system

D.        Journalizing and posting

E.         Trial balance and financial statements

F.         Completing the accounting cycle

G.        Cash management

H.        Basic budgeting concepts

I.          Introduction to the analysis and use of financial statement data

 

VII.     Methods of Instruction

 

In Example --

A.        Lecture and Discussion

B.        Working Problems and Reviewing Solutions

C.        Collaborative Projects

D.        Case Problems

 

VIII.    Course Practices Required

 

In example --

Students must perform on a college level in reading, writing, problem solving, and oral presentation.

 

IX.       Instructional Materials

 

In example --

A.        Text:  Custom Financial Accounting by Kimmel, 5th edition w/Wiley Plus access code

                       
X.        Methods of Evaluating Student Progress

 

In example --

A.        Four Tests (100 pts each)

            Final Exam (200 points)

            Homework (6 points each)

            Quizzes (10 points each)

            Projects/Cases (50 points each)

            Attendance is considered if a student is between grades.

 

B.        A point scale based on total possible points.

90 - 100% = A

80 - 89%  = B

70 - 79%  = C

60 - 69%  = D

59% & below F

 

XI.       Other Course Information

            If you have a documented learning, psychological, or physical disability, you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the ASSIST office in the Learning Center. All students are expected to fulfill essential course requirements. The College will not waive any essential skills or requirements of a course or degree program.

 

 

                                                                  

Effective beginning term Summer, 2006     ending term                                                     

                                         (term)  (year)                                   (term)  (year)

 

Syllabus prepared by: Jay Cohen                                             

 

Reviewed by Dept/Program chair: Jay Cohen

 

Approved by Dean:  Bradley P. Wooten        May 2006