Leslie A. W. Van Wolvelear Associate Professor of Accounting Office:  DP 2706 Phone: (847) 376-7135 Email: lvanwolv@oakton.edu Home Page: http://www.oakton.edu/user/~lvanwolv/

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 discussions, a financial analysis case problem, general ledger computer problem, WileyPLUS graded assignments, chapter specific quizzes, a Departmental Assessment Exam, and three examinations.
Note:
• The examinations are proctored and must be completed online in the Oakton testing center
• Homework should not be submitted
• There are specific due dates for the quizzes, discussions, projects and exams
• See the Calendar link in WebCT for all due dates
• Quizzes, discussions, the Assessment Exam and WileyPLUS graded assignements can not be completed after the due date

VIII. Course Practices Required:
Students are required to:
• Complete the orientation activities (see the Bulletin Board link) and the Read Me First-Discussion (see the Quizzes link)
• Read the assigned chapters in the textbook
• Review the course content in WebCT
• Review the Student Handout Packet exercises (see the Student Handout Packet link)
• Review the homework solutions in WebCT (see the Homework Problems link)
• Complete each chapters' required quiz in WebCT (see the Quizzes link) – drop 1 to compute grade
• Respond to each chapters’ discussion in WebCT (see the Quizzes link) – drop 1 to compute grade
• Complete the Computer Project detailed in the Projects link
• Complete the Wiley PLUS graded assignments detailed in the Schedule link – drop 1 to compute grade
• Complete the Financial Analysis Project
• Complete the examinations in the Oakton testing center

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

IX. Instructional Materials:

Financial Accounting: Tools for Business Decision Making 4th Edition
Kimmel, Weygandt, Kieso; John Wiley & Sons, Inc., 2007 (ISBN # 978-0-471-73051-4)

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

WileyPLUS Course Website:
http://edugen.wiley.com/edugen/class/cls90697/

If you did not purchase a new book from the Oakton bookstore, you can purchase a Standard WileyPLUS registration code at:
http://he-cda.wiley.com/WileyCDA/Section/id-130234.html#accounting

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

Financial Accounting Student Resource Site:
http://bcs.wiley.com/he-bcs/Books?action=index&itemId=0471730513&bcsId=2830

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

Projects and 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/resource/collegecatalog/catalog.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 Instructional Support Services 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 15th at noon.
The last day to withdraw from course with a “W” is Sunday, March 15th at noon.

7. Change class to Audit Status
The last day to change class to audit status is Sunday, February 15th at noon.

8. Honors
Honors information can be obtained from: http://www.oakton.edu/acad/honors/index.htm

9. TRiO Student Support Services
TRiO Student Support Services information can be obtained from: http://www.oakton.edu/learn/triohome.htm