Introduction to Accounting I Syllabus for 2011-2012
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Course

ACNT-1303-001 Introduction to Accounting I

Prerequisites

Course Description

A study of analyzing, classifying and recording business transactions in a manual and computerized environment. Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliation and payroll.

Student Resources Student Resources Website

Department Expectations

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Hours

(3 sem hrs; 3 lec, 1 lab)

Class Type

On Campus Course

Syllabus Information

Textbooks

\ College Accounting (Chapters 1-12), 5th Edition, Paradigm Publishing
\ ISBN:  978-0-76383-495-1

\

\ College Accounting (Chapters 1-12) Study Guide & Working Papers, 5th Edition, Paradigm Publishing
\ ISBN:  978-0-76383-491-3

Supplies

    \
  1. \ Textbooks - College Accounting (Chapters 1-12), 5th Edition, Paradigm Publishing
    \ ISBN:  978-0-76383-495-1  and

    \ College Accounting (Chapters 1-12) Study Gui

    Student Performance

    \ The student will define accounting terminology; analyze and record business transactions in a manual and computerized environment; complete the accounting cycle; prepare financial statements, and apply accounting concepts related to cash and payroll.

    \ The student will be able to complete satisfactorily all of the listed Performance Learning Objectives with a competency level based on the completion of requierd examinations administered under the supervision of the instructor and evaluated according to the instructors grading scale.

    \
      \
    1. \ Define accounting terminology. *(C5, C6)
    2. \
    3. \ Analyze and record business transactions in a manual and computerized environment. *(C5, C6, C7, C8, F1, F3, F4, F5, F8, F9, F12, F17)
    4. \
    5. \ Complete the accounting cycle. *(C5, C6, C7, C8, C1, F3, F4, F5, F8, F9, F12, F17)
    6. \
    7. \ Prepare financial statements. *(C5, C6, C7, C8, F1, F3, F4, F5, F8, F9, F12, F17)
    8. \
    9. \ Apply accounting concepts related to cash and payroll. *C5, C6, C7, C8, F1, F3, F4, F5, F8, F9, F12, F17)
      \
      \ *(Refers to SCANS--the Secretary's Commission on Achieving Necessary Skills according to the U.S. Department of Labor. The SCANS will be explained by your instructor at the first class meeting).
      \
    10. \

    Students Rights and Responsibilities

    Student Rights and Responsibilities

    Log in using the AC Connect Portal

    In order to receive your AC Connect Email, you must log in through AC Connect at https://acconnect.actx.edu .

    If you are an active staff or faculty member according to Human Resources, use "Exchange". All other students, use "AC Connect (Google) Email".

    Expected Student Behavior

    \ See the Office Administration Department Policy distributed by your instructor the first day of class.

    Grading Criteria

    Grading Scale: 90-100 = A; 80-89 = B; 70-79 = C; 60-69 = D; 0-59 = F

    Evaluation:
    20% = Attendance
    20% = Homework (Problem "A's")
    20% = Major Exams
    20% = Comprehensive Review Problems
    20% = Comprehensive Final

    100% = Final Course Grade

    Attendance

    \ Employees in the business world are expected to be at work promptly each day; therefore, students in business classes are expected to be in class promptly each evening.  This class meets one time each week.  We have a lot to cover every evening.  Please be in your seat and ready to learn by 6:55 pm each evening.  Class will start promptly at 7:00 pm.  Your attendance in this class is counted at 5% of your grade.
    \

    Calendar

    Introduction to Accounting I
    Lesson Schedule, 2011FA

    Week of:

    August 25

     

    Orientation
    Introduce Major Accounting Concepts
    Read Introductory Pages and Chapter 1

    September 1

     

    Discuss Chapter 1
    AssignmentQuick Practice 1-1, 1-2, 1-3, 1-8, 1-9
                            Exercises 1-1, 1-2, 1-4, 1-5, 1-6, 1-7
                            Problems 1-1A, 1-3A

    September 8


     

    Continue Study of Chapter 1 Principles
    Introduce Chapter 2
    Assignment:  Study Chapter 2
                            Quick Practice 2-1, 2-2, 2-3, 2-6, 2-7

    September 15


     

    Discuss Chapter 2 in More Detail
    Assignment:  Exercises 2-1, 2-2, 2-5, 2-6
                            Problems 2-1A, 2-4A, 2-5A
                            Study Chapter 3

    September 22




     

    Discuss Chapter 3
    AssignmentQuick Practice 3-1, 3-2, 3-3, 3-4, 3-6, 3-7, 3-8, 3-10
                            Exercises 3-1, 3-2, 3-3, 3-4 (in class), 3-5, 3-6
                            Problems 3-1A, 3-3A, 3-5A
                            Study for Exam Over Chapters 1, 2, 3
                            Read Chapter 4

    September 29





     

    Major Exam over Chapters 1, 2, and 3
    Discuss Chapter 4
    AssignmentQuick Practice 4-1, 4-2, 4-3, 4-4, 4-5, 4-6, 4-7, 4-8, 4-9, 4-10, 4-11
                            Exercises 4-1, 4-2, 4-3, 4-4, 4-5, 4-6, 4-7
                            Problems 4-1A, 4-2A, 4-3A, 4-4A, 4-5A
                            Study Chapter 5

    October 6




     

    Discuss Chapter 5
    AssignmentQuick Practice 5-1, 5-2, 5-3, 5-4, 5-5, 5-6, 5-7, 5-8, 5-9, 5-10
                           Exercises 5-1, 5-2, 5-3, 5-4, 5-5, 5-6, 5-7, 5-8
                           Problems 5-1A, 5-3A, 5-4A, 5-5A
                          Comprehensive Problem 1, due October 20
                          Study Chapter 6

    October 13




     

    Discuss Chapter 6
    Assignment:  Quick Practice 6-1, 6-2, 6-3, 6-4, 6-5, 6-6, 6-7, 6-8
                            Exercises 6-1, 6-1, 6-3, 6-4, 6-5, 6-6, 6-7, 6-8, 6-9, 6-10
                            Problems 6-3A, 6-4A
                            Study for Major Exam Over Chapters 4-6
                            Study Chapter 7

    October 20




     

    Discuss Chapter 7
    AssignmentQuick Practice 7-1, 7-2, 7-3, 7-5, 7-6, 7-7, 7-8, 7-9, 7-10, 7-12
                            Exercises 7-5, 7-6, 7-7
                            Comprehensive Problem 1 is Due October 20
                            Study for Exam Over Chapters 4, 5, and 6
                            Read Chapter 8

    October 27



     

    Major Exam over Chapters 4, 5, and 6
    Discuss Chapter 8
    AssignmentQuick Practice 8-1, 8-2, 8-3,8-4, 8-5, 8-6, 8-7, 8-8, 8-9,8-10, 8-11
                            Exercises 8-1, 8-3, 8-4
                            Study Chapter 9

    November 3

     

    Discuss Chapter 9
    Assignment:  In Class
                            Read Chapter 10

    November 10



     

    Major Exam over Chapters 7-10
    Discuss Chapter 10
    Assignment:  In Class
                           Comprehensive Problem 2, Due November 17
                           Study Chapter 11

    November 17









     

    Discuss Chapter 11
    AssignmentQuick Practice 11-1, 11-2, 11-3, 11-4, 11-5, 11-6, 11-7
                            Exercises 11-1, 11-2, 11-3, 11-4, 11-5, 11-6
                            Problems 11-1, 11-2, 11-3A, 11-4A
                            Study Chapter 12
    Discuss Chapter 12
    Assignment:  Quick Practice 12-1, 12-2, 12-3, 12-4, 12-5, 12-6, 12-7, 12-8, 12-9
                             Exercises 12-1, 12-2, 12-3, 12-4, 12-5, 12-6, 12-7
                             Problems 12-1A, 12-2A, 12-3A, 12-4A

                             Comprehensive Problem 3 Due December 1

    November 24

    Thanksgiving Holiday

    December 1


     

    Work on Comprehensive Problem 3
    Review for Final Exam over Chapters 10, 11, and 12
    Assignment:  Study for Final Exam
                            Comprehensive Problem 3 Due

    December 8

    Final Exam over Chapters 11 and 12; Dutton Hall 104; 7:00-9:00p.m.

    Additional Information

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    Syllabus Created on:

    11/30/-1 12:00 AM

    Last Edited on:

    11/30/-1 12:00 AM