Accounting Principles II Syllabus for 2021-2022
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Instructor Information

Office Location

R. E. Byrd Business Building 302C

Office Hours

Professor Susan Burks
  
Fall 2024 Office Hours

Office:  BYRD 302 C

Office Hours:
In person walk-in hours are Tuesdays and Thursdays 7:30 a.m. - 8:45 a.m. 
No appointment needed.

Virtual office hours are available for all students in online and hybrid classes.  These are very flexible and I am available whenever you need me as I know your class, work, and family obligations vary.  You can email me 24/7.  If we need to visit over the phone, via Google Meet, or in person we can schedule a mutually convenient time. I will provide a Google Meet link in your class in Blackboard to meet virtually.
 

Email:
Current students are expected to email me through your course messages in Blackboard.  Make sure you are in your course and click the envelope next to my name on the left side menu of your course.  IF Blackboard is down, you can email me directly.

All others can email sgburks@actx.edu.

If you email me directly, always provide your first and last name, class and section number if currently enrolled or student id if not currently enrolled.  Unless Blackboard is down, currently enrolled students are expected to email me from the course.

You can address me as Professor Burks or Mrs. Burks in your email.

 

Course Information

COVID-19 Protocols

Recording Policy

Disability Statement

If you have a disability (learning, mental, physical) that affects your ability to participate effectively and have access to any program or service at Amarillo College please contact Disability Services at (806) 345-5639 . Our offices are located in the Student Service Center office 112. More information may be found at www.actx.edu/disability.
Disability Services facilitates access to all programs and services according to the ADA, Americans with Disabilities Act and Section 504 of the Rehabilitation Act, as well as other federal and state laws.

Amarillo College Web Accessibility Policy Statement

Amarillo College is committed to providing equal access to all programs and services, including all working, learning, and service environments that affect equal access for persons with disabilities. This commitment to provide equal access and opportunity for persons with disabilities is in compliance with federal and state law. Amarillo College also strives to provide Electronic and Information Resources (EIR) that are accessible to all authorized users.

If you find you are unable to access material in an accessible format please contact the Disability Services Office at (806) 345-5639 . This office will work in conjunction with other campus resources to address and accommodate your issue in a timely manner.

Statement for Mental Health and Advocacy & Resource Center:

As a student you may experience a range of issues that can cause barriers to learning, such as strained relationships, increased anxiety, alcohol/drug problems, feeling down, difficulty concentrating and/or lack of motivation. These mental health concerns or stressful events may lead to diminished academic performance or reduce a student's ability to participate in daily activities. Amarillo College offers services to assist you with addressing these and other concerns you may be experiencing. If you or someone you know are suffering from any of the aforementioned conditions, you can learn more about the broad range of confidential mental health services available on campus by calling the AC Counseling Center at 806-371-5900. The AC Counseling Center website is https://www.actx.edu/counseling/ . Also, if you are in need of social services (affordable housing, utilities, transportation, food, clothing, childcare, medical/dental/vision, legal), please call the AC Advocacy & Resource Center at 806-371-5439. The AC Advocacy & Resource Center website is https://www.actx.edu/arc

Amarillo College Tutoring for Success Policy:

The Tutoring for Success policy applies to any student whose grade or performance in the course falls below a departmentally determined minimum threshold. In either of those cases, the instructor will direct the student to the appropriate tutoring service, which may be faculty-led, discipline-specific, and/or general. Under this policy, the instructor will follow specific departmental guidelines governing the use, duration, and grade component of the tutoring need.

Administrative Drop Policy

Students who do not attend class on or prior to the census date will be administratively dropped. Effective Fall, 2016

Student Withdrawal Procedures

Students who wish to withdraw from a course must complete all steps indicated on the Academic Withdrawal Request form by the course withdrawal deadline.

NOTE: Students who are attending Texas institutions of higher education, for the first time fall 2007 and later, may not withdraw from more than six courses during their academic career. This withdrawal limitation does not include dual credit or developmental classes (Senate Bill 1231 Rule 4.10.) For more information on Drop and Withdrawal Policies, please visit the Registrar's Office Web site.

Privacy Statement

The Amarillo College Privacy Policy is found at https://www.actx.edu/-amarillo-college-privacy-notice , and applies to all Amarillo College students.  If you have questions about this privacy statement or you believe that your personal information has been released without your consent, send email to humanresources@actx.edu .

Course

ACCT-2302-002 Accounting Principles II

Prerequisites

Prerequisite: ACCT 2301

Course Description

This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity's accounting system relevant to decisions made by internal managers, as distinguished from information relevant to users who are external to the company. The emphasis is on the identification and assignment of product costs, operational budgeting and planning, cost control and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.

Student ResourcesStudent Resources Website

Department Expectations

Occupational License Disclaimer

Notice to Students enrolled in an educational program for preparation of issuance of certain occupational licenses:

Students enrolled in an educational program in preparation for obtaining certain occupational licenses are potentially ineligible for such license if the student has been convicted of an offense. For further information, please contact:

Melodie Graves
Justice Involved Advocate
Student Service Center 117
mgraves24@actx.edu
806-371-5995
Make appointment at https://melodiegraves.youcanbook.me

You can also contact the Legal Clinic, or the faculty member in charge of the educational program that you seek to enroll in. The further information you will receive will include notification to you of your right to request a criminal history evaluation letter from the licensing authority in order to clarify your particular situation.

Hours

(3 sem hrs; 3 lec)

Class Type

Online Course

Syllabus Information

Textbooks


The REQUIRED textbook will be used for both ACCT 2301 and ACCT 2302.

Accounting, 28e, Warren/Jonick/Schneider, Cengage Learning

NOTE:  If you took ACCT 2301 at Amarillo College Fall 2020 or later, your textbook can be used for this class.  If you want to use Cengage, you may have to buy a 1 term access code, but it is not required.  The book is the only thing required for this class.  If you took ACCT 2301 prior to Fall 2020, you need to make sure you obtain the 28th edition of the book for this class.

I don't care what version of the book (ebook, printed loose leaf, hardback, printed rental) you choose as long as you have a book.

If you purchase the book in the AC Bookstore, it is offered in a discounted bundle with a loose leaf copy of the book and the CengageNow online access code with the following ISBN 035749976X for $176.75.

You can also purchase the book directly on the publisher’s website here with the version that matches your preference:

Cengage

Loose Leaf + Access Code ISBN: 9780357499771
Hardback Textbook ISBN: 978-1-337-90268-7
eBook : 978-0-357-691564
Printed Rental:  9781337902687

If you have other classes that use Cengage, the Cengage Unlimited option is a good choice.

The CengageNow access code is not required for this class.  However, many students find it very helpful to complete homework, tutorials, and quiz/exam reviews.  Keep in mind that if purchase a new or used textbook separately (if you do not already have the book from ACCT 2301),  you have to pay extra for the access code.

If you do not want to purchase the CengageNow access code, you should also be able to find less expensive used books, rental books, and new books online at sites such as Amazon.  Click this link for the book on Amazon.  Accounting Book

 

Supplies

Paper, pencil, pen, and calculator. You need a computer or laptop and reliable internet access to complete all quizzes and exams.

Student Performance

  1. To define and develop a working knowledge of management accounting terminology and procedures.
  2. To prepare and analyze reports for financial decision making including statement of cash flow, budgets, variance analysis, and other managerial decisions.
  3. To identify the characteristics of a corporation, record transactions relating to issuance of stock and payment of dividends, and prepare financial statements.
  4. To be able to journalize transactions for long-term debt and long-term investments.
  5. To calculate financial ratios and prepare comparative financial statement analysis to be used in decision-making.
  6. To be able to record transactions for manufacturing businesses and compute cost of goods sold.

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

Refer to Student Rights and Responsibilities Policy.

Grading Criteria

Quiz and exam due dates will be listed in the course online in Blackboard.

Course Grade
90% – 100% =  A
80% – 89%   =  B
70% – 79%   =  C
60% – 69%   =  D
Below 60%   =  F
*Note that most universities require a grade of “C” or higher in order for the course to transfer. 

Grade calculation:

40% Required Quizzes – Required Quizzes for each chapter have between 10 and 20 questions and must be completed before 11:59 pm on the due date listed in Blackboard. The Required Quizzes are taken online in Blackboard.  Quizzes open once the chapter has been assigned. Required Quizzes (Average of highest 12 of 13) count as 40% of your course grade.

60% Exams  –  You will have 4 major exams and a comprehensive final exam. Your exam average will be the average of your 4 highest scores.  The exams will consist of  multiple choice, true/false, and short answer questions/problems.  The Instructor will determine if the exams are taken online or at the AC Testing Center.  The average of your 4 highest exam scores will count as 60% of your course grade.  There are NO make up exams.  You must make arrangements in advance if you will miss an exam.  If you miss an exam and have not made arrangements to take the exam in advance, you will receive a zero. If you miss a major exam, you will be REQUIRED to take the comprehensive final exam.

HOMEWORK: For each chapter,  the instructor will assign exercises and/or problems to be completed that cover that chapter's content.  Homework will not be turned in to nor graded by the instructor; however, there is usually a high correlation between success on the exams and successful completion of ALL homework assignments.

LESSONS & NOTES:  Lesson / lecture videos, notes, handouts, homework assignments/solutions, etc. will be posted in Blackboard.

 

Attendance

It is the responsibility of the student to login regularly to the course. You must be self disciplined in order to succeed in an online Accounting course. Use all resources posted in Blackboard as well as your textbook and the Cengage study tools. It is YOUR responsibility to meet all course deadlines.  Plan accordingly.

DEADLINE TO DROP THE COURSE*:  Tuesday, May 3
*NOTE:   The STUDENT is responsible for filling out the drop form and obtaining the approval signature from the instructor. The instructor will then forward the completed form to the AC Registrar's office.  The form will be posted in the course in Blackboard.

Calendar

TENTATIVE SCHEDULE: This schedule is subject to change by the instructor at any time.


Please refer to the class schedule listed in Blackboard for specific due dates.

WEEK

DISCUSSION

1 & 2

Chapter 12 - Accounting for Partnerships and Limited Liability Companies
 

Chapter 13 - Corporations: Organization, Stock Transactions, and Dividends

Chapter 14 – Long-Term Liabilities: Bonds and Notes

EXAM 1 over Chapters 12, 13, 14

3 & 4

Chapter 15 – Investments and Fair Value Accounting

Chapter 16  – Statement of Cash Flows

Chapter 17 - Financial Statement Analysis

Chapter 18 - Managerial Accounting Concepts and Principles

EXAM  2 over Chapters 15, 16, 17, 18

5 & 6

Chapter 19 – Job Order Costing

Chapter 20 - Process Cost Systems

Chapter 21 - Cost Behavior and Cost-Volume-Profit Analysis

EXAM 3 over Chapters 19, 20, 21

7 & 8

Chapter 22- Budgeting

Chapter 25- Differential Analysis, Product Pricing, and Activity-Based Costing

Chapter 26 – Capital Investment Analysis

EXAM 4 over Chapters 22, 25, 26

COMPREHENSIVE FINAL EXAM  over Chapters 12-22, 25,26

Additional Information

1. Accounting is a very challenging class to take online. The class requires self discipline and motivation. You will be expected to learn the material through reading the textbook, taking notes while watching the lesson videos, reading the instructor notes, completing the homework assignments, and using the CengageNow study tools.

2. You will need access to a computer with reliable internet connection.  You should use Firefox as your browser at all times when in Blackboard. 

3. The class demands a great deal of time. Online courses usually take more time than hybrid or traditional classes. Please plan to spend 5-6 hours per chapter to learn the material.  We cover three to four chapters every 2 weeks.

ALL students will use AC Connect - Blackboard for required class problems, quizzes, and exams as assigned.

Students are expected to login to the course in Blackboard frequently for announcements and other class instructions and assignments.  All dues dates will be posted in the course in Blackboard.

Syllabus Created on:

03/15/22 5:22 PM

Last Edited on:

03/15/22 5:22 PM