Leslie A. W. Van Wolvelear Associate Professor of Accounting Office:  DP 3618 Phone: (847) 376-7135 Email: lvanwolv@oakton.edu Home Page: http://www.oakton.edu/~lvanwolv/homepage.html

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 Schedule icon in WebCT for the topics being covered in this course.

VII. Methods of Instruction:
This course will combine in class activities, discussions, general ledger computer problem, WileyPLUS graded assignments, chapter specific quizzes, a Departmental Assessment Exam, and three examinations.

Note:
• In class graded assignments can not be completed late
• Homework is completed in WileyPLUS 
• There are specific due dates for the quizzes, discussions, projects and exams
• See the Calendar link in D2L for all due dates
• WileyPLUS assignments can be completed after the due date up through the exam covering the chapter material for 70% of the points
• Discussions, Quizzes, Projects and the Assessment Exam can not be completed after the due date

VIII. Course Practices Required:
Students are required to:
• Attend course lectures and complete in class activities
• Be prepared to start class promptly - in class assignments missed can not be made up
• Read the assigned chapters in the textbook
• Review the homework solutions in WileyPLUS
• Complete each chapters' required quiz
• Respond to each chapters’ discussion 
• Complete the Projects
• Complete the Wiley PLUS graded assignments  
• Complete the examinations

It is also recommended for students to:
• Complete additional assignments and review solutions utilizing WileyPLUS
• Complete additional practice quizzes for each chapter in D2L

IX. Instructional Materials:

The Oakton bookstore sells the soft bound textbook bundled with the WileyPLUS access code at a reduced cost over purchasing the text and access code separately. The WileyPLUS course website includes an e-book copy of the text.

Financial Accounting: Tools for Business Decision Making 6th Edition
Kimmel, Weygandt, Kieso; John Wiley & Sons, Inc., 2011 (ISBN # 978-0-470-53477-9)

Student Handout Packet - This is available in the Oakton Bookstore only!

WileyPLUS Course Website (the 5th edition site is free for Fall 2011 term only):
http://edugen.wileyplus.com/edugen/class/cls231463/

Desire2Learn:
We will be using D2L along with the textbook. You can access D2L from your home through your Internet service provider.

Financial Accounting Student Resource Site:
http://bcs.wiley.com/he-bcs/Books?action=index&itemId=047053477X&bcsId=6075

X. Methods of Evaluating Student Progress:
Note: The total points are subject to change during the term

Exams submitted after the deadline will be reduced by 15% of the maximum points.

XI. Other Course Information:

1. Attendance
Class attendance is expected. We will cover a great deal of exercises in class that are not in the syllabus. These exercises are used to reinforce the lecture, and you are responsible for all information covered in class. Attendance on exam days is mandatory. The only excuse for missing an exam is a medical emergency. If a doctor’s note is documented and confirmed by the doctor’s office, the student will be allowed to take a makeup exam. Student should contact the instructor e-mail or class website regarding any problems meeting course requirements.

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.