|
|
I.
Principles of Financial Accounting
|
Credit 4
|
Lecture 4
|
Lab 0
|
II.
Prerequisite:
Due to the quick pace of this course, it is recommended for students
with
prior bookkeeping training, or with some successful college work.
III.Course
(Catalog)
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:
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. Stockholders' Equity, Earnings and Dividends
L. Long Term Liabilities and Investment in Bonds
M. Investments in Stocks
N. Statement of Cash Flows
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:
See the Schedule icon in D2L under Content - Course Information for thetopics being covered in this course.
VII. Methods of
Instruction:
This course will combine discussions,
chapter specific
quizzes, MyAccountingLab Assignments, a Quickbooks Project, and three examinations.
Note:
• The examinations are proctored and must
be completed in one of the Oakton testing centers (Des Plaines or
Skokie)
• There are specific due dates for the quizzes, discussions,
projects and exams
• See the Calendar link in D2L for all due dates
VIII. Course Practices
Required:
Students are required to:
• Read the assigned chapters in the textbook
• Complete the homework problems
in MyAccountingLab
• Complete each chapters' quiz
• Respond to each chapters' Discussion Question
• Complete the MyAccountingLab graded
assignments detailed in the Schedule link
•
Complete the Quickbooks Project
• Complete the proctored examinations in the Oakton
testing center
It
is also recommended for students to:
• Review the chapter resources - Multimedia Library in
MyAccountingLab
• Complete additional practice quizzes for each chapter
IX. Instructional
Materials:
We
will be using the e-book included with the MyAccountingLab
access code. You
do not need to purchase the hard copy of the textbook.
The Financial Chapters - Financial & Managerial Accounting: 3rd Edition,
by Horngren/Harrison/Oliver
Pearson, 2012.
ISBN: 978-0-13-249794-7
MyAccountingLab Course
Website
http://www.myaccountinglab.com/
We will be using Desire2Learn (D2L) course management system along with
the textbook. Students link to online courses via the My
Courses
channel in MyOakton.
Methods of Evaluating
Student Progress:
Note: The total points are subject to change during the
term
| Evaluation will
be based on: |
|
|
The grading
scale will be: |
|
| Discussion Questions |
55 points
|
|
A = 92% -
100% |
920 -
1,000 points
|
| Quizzes |
220 points
|
|
B = 82% -
91% |
820 - 919
points
|
| MyAccountingLab
Homework |
80 points
|
|
C = 70% -
81% |
700 - 819
points
|
| MyAccountingLab
Graded Assignments |
110 points
|
|
D = 60% -
69% |
600 - 699
points
|
| Examination
1 |
145 points
|
|
F = Below 59% |
0 - 599 points
|
| Examination 2 |
145 points |
|
|
|
| Examination
3 |
145 points
|
|
|
|
| Quickbooks Project |
100 points
|
|
|
|
| |
|
|
|
|
| Total
Points |
1,000
points
|
|
|
|
Exams
submitted after the deadline will be reduced by 15% of the maximum
points.
XI. Other Course
Information:
1.
Attendance
Class
requires student to take responsibility for obtaining instructional
materials, completing course work, participating in discussions, and
taking the examinations. Student should contact the instructor e-mail
or class website regarding any problems meeting course requirements.
2. Code of Conduct
Refer
to college catalog http://www.oakton.edu/about/instpubs/catalog1112.pdf
3. Incomplete Grades
A
student must have completed at least 60% of the required course work
before an incomplete request will be considered. It is the student's
responsibility to initiate requests for an incomplete and to follow
through with the procedures to remove the Incomplete grade.
4. Tutoring
Tutoring
is available through Instructional Support Services in Room 2400 at Des
Plaines campus, and Room A-135 at Skokie Campus. http://www.oakton.edu/learn/tutoring.htm
5. Assist
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 http://www.oakton.edu/resource/iss/assist.htm.
All students are expected to fulfill essential course requirements. The
college will not waive any essential skill or requirement of a course
or degree program.
6. Withdrawal Date
The
last day to withdraw and have course dropped from record is Sunday, February 12th at noon.
The last day to withdraw from course with a “W” is Sunday, March 11th at noon.
7. Change class to Audit
Status
The
last day to change class to audit status is Sunday, February 12th at noon.
8. Religious Holidays
Oakton Community College recognizes the broad diversity
of religious beliefs of its constituencies. The college has embraced a
practice of shared responsibility in the event a religious observance
interferes with class work or assignments. Students who inform
instructors in advance of an intended absence for a major religious
observance will not be penalized. The instructor will make reasonable
accommodation for students, which may include providing a make-up test,
altering assignment dates, permitting a student to attend another
section of the same course for a class period or similar remedies.
Instructors are not responsible for teaching material again.
9. Honors
Honors
information can be obtained from: http://www.oakton.edu/acad/honors/index.htm
10. TRiO Student Support
Services
TRiO
Student Support Services information can be obtained from: http://www.oakton.edu/learn/triohome.htm
|
