ACCT&201
– PRINCIPLES OF FINANCIAL ACCOUNTING 1
(please note, this is a sample, specific years are on file with the school)
INSTRUCTOR: Jean Rodgers
Office
Hours: Posted at Room 503 and by
appointment
Office
Phone: 422-7846
Email:
jrodgers@wvc.edu
Web
site: http://commons.wvc.edu/jrodgers/
COURSE
DESCRIPTION
This course
introduces students to the basic concepts of accounting and the language of
business. The primary focus of this
course is to help students understand accounting and financial concepts for
business decision-making. Students will
learn about generally accepted accounting principles, theories, and procedures
used in financial accounting and reporting. This course will also address current events in
accounting, including ethical guidelines, and other current issues as these
relate to primary course objectives.
CLASS
HOURS
Class meets Mondays
and Wednesdays from 8:00 AM to 10:15 AM.
In addition, students are expected to spend at least twice that time
outside of class to be successful.
TEXT
AND RESOURCES
Financial ACCT, 2nd edition, Godwin/Alderman,
Cengage, 2013, with CengageNOW.
Students should
bring a calculator to each class. Access
to the Internet is required, as is the use of campus e-mail and canvas. Students may use the computer lab at Room 204
or 205.
Given the
complexity of the course, students are encouraged to get additional help at the
tutor center.
OUTCOMES
Upon
completion of this course, successful students will:
·
Accurately
identify, prepare, and analyze all steps in the accounting cycle.
·
Accurately
prepare, analyze, and interpret financial statements.
·
Accurately
compute, analyze, and discuss amounts related to cash, accounts receivable, and
other short-term liquid assets, inventory, and long-term assets.
·
Accurately
identify and use various portions of a corporate annual report, the purpose of
which is to make reasoned and logical decisions.
·
Solve
problems and provide written analysis of accounting and business related
issues.
·
Apply
the logic of generally accepted accounting principles and accounting theory to
various business applications.
·
Communicate
accurately and clearly about issues related to accounting and business, both
individually and in groups.
·
Converse
and communicate using the language of business
KEYS TO SUCCESS
·
Late or missed assignments and exams
earn zero points. The fine print: In the case of an unavoidable emergency, it may be possible for a student - who
takes the initiative to contact the instructor immediately (within hours, not
days) - to earn partial credit.
·
Please
attend class and participate respectfully.
Missing class means missing any associated participation and homework
points. No make-up work is
provided. Plan a consistent time to do
your work and have a backup plan for doing online assignments.
·
Plagiarism
and cheating result in failing the assignment and class, respectively.
·
Assistance
is available at the Student Learning Center.
·
Texting,
talking on the phone, using a computer for purposes other than class
notes/assignments, sleeping, arriving late, leaving early and/or other
disrespectful classroom behaviors will affect your grade.
AMERICANS
WITH DISABILITIES ACT
The College
has support services for students with diagnosed disabilities. If you require academic accommodations,
please provide your “Instructor Correspondence Form” as soon as possible so we
can discuss meeting your needs. You will
have this form after meeting with Vicki Turner, Student Learning Center,
telephone 422-7812. These services are
voluntary and confidential. If you do
not have a documented disability, but believe you may need testing for one,
please see Vicki. Following through on
these services can help you be more successful at WVC. If you have any other special needs, please
see me.
EVALUATION
|
EXAMS
Tutorial
quizzes (online)
Exam
1
Exam
2
Final
Exam
|
12
15
20
25
|
|
ACCOUNTING
PROBLEM
|
16
|
|
IN-CLASS
activities, participation, respect, and readiness (homework)
|
12
|
|
TOTAL
|
100
|
The
minimum points for each letter grade are shown below:
|
95 A
|
91 A-
|
89 B+
|
84 B
|
80 B-
|
78 C+
|
73 C
|
70 C-
|
68 D+
|
60 D
|
