GENERIC COURSE SYLLABUS
I. Course Course Course
Prefix Number Name Credit Lecture Lab
ACC 153 Principles of 4 4 0
Financial
Accounting
II. Prerequisite:
None
III. Course Description
Course covers preparation and
analysis of financial information using generally accepted accounting
principles. Content includes financial
statement fundamentals, cash, receivables, inventory, payables, long-term
assets, long-term debt, stockholders’ equity, cash flow statements, internal
controls, and financial statement analysis.
Course incorporates computer component.
Prior computer experience not required.
IV. Learning Objectives:
To prepare students to
demonstrate understanding of concepts and ability to solve problems in the
following areas:
A. Bookkeeping
B. Adjusting Journal Entries
C. Financial Statement Preparation
D. Multiple Journals
E. Bank Reconciliations
F. Bad Debts
G. Inventories
H. Fixed Assets
I. Payroll
J. Corporations
K. Stockholder's Equity, Earnings and
Dividends
L. Long Term Liabilities and Investment in
Bonds
M. Investment in Stocks
N. Statement of Cash Flows
V. Academic Integrity:
Students
and employees at
·
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 Assignments:
In example -
A. Accounting Concepts & Principles
B. Analyzing Transactions
C. The Matching Concept and the Adjusting
Process
D. Completing the Cycle
E. Accounting for Merchandising Enterprises
F. Accounting Systems and Cash
G. Receivables and Temporary Investments
H. Inventories
I. Plant Assets and Intangible Assets
J. Payroll, Notes Payable and Other Current Liabilities
K. Long Term Liabilities: Bonds Payable
L. Corporate Equity
M. Income Statement Issues
N. Statement of Cash Flows
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. Custom Financial Accounting by
Kimmel 5th edition w/Wiley Plus access code
B. Student Handout Packet only
available at Oakton bookstore.
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
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