Professor Susan Burks
Fall 2023 Office Hours
Office: BYRD 302 C
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.
Current students are expected to email me through your course 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 email@example.com.
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.
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.
ACCT-2301-001 Accounting Principles I
This course is an introduction to the fundamental concepts of financial accounting as prescribed by U.S. generally accepted accounting principles (GAAP) as applied to transactions and events that affect business organizations. Students will examine the procedures and systems to accumulate, analyze, measure and record financial transactions. Students will use recorded financial information to prepare a balance sheet, income statement, statement of cash flows and statement of shareholders' equity to communicate the business entity's results of operations and financial position to users of financial information who are external to the company. Students will study the nature of assets, liabilities and owners' equity while learning to use reported financial information for purposes of making decisions about the company. Students will be exposed to International Financial Reporting Standards (IFRS).
Student ResourcesStudent Resources Website
(3 sem hrs; 3 lec)
The REQUIRED textbook will be used for both ACCT 2301 and ACCT 2302.
Accounting, 28e, Warren/Jonick/Schneider, Cengage Learning
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:
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 study reviews. Keep in mind that if you purchase a new or used textbook separately, you have to pay extra for the access code to CengageNow. If you are unsure, there will be a link provided in the course in Blackboard to access a free 1 week trial to help you decide. You will use the textbook for both ACCT 2301 and ACCT 2302.
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
Paper, pencil, pen, and calculator. You also need a computer or laptop with reliable internet access to complete all course assignments, quizzes, and exams. You cannot complete the assignments for this course on a cell phone. Excel will be required for the Comprehensive Problem. A link for a free online student version will be provided in the course in Blackboard. Note that Amarillo College provides free computer and wifi use in The Underground on the Washington Street Campus.
By the end of the semester the student will be able to satisfactorily complete all the learning objectives listed in the Student Performance/Learning Objectives with a minimum of 70 percent competency level based on the completion of the exams and other assignments administered under the supervision of the instructor.
Refer to Student Rights and Responsibilities Policy.
Quiz and exam due dates will be listed in the course online in Blackboard.
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.
35% 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 10 of 11) count as 35% of your course grade.
15% Comprehensive Problem – You will be assigned a comprehensive problem covering all the steps in the Accounting Cycle. The due date will be listed in Blackboard. The comprehensive problem will count at 15% of your course grade. If you choose to not submit it and/or you score less than 50%, you will be REQUIRED to take the Comprehensive Final AND you forfeit the option to drop your lowest exam score.
50% Exams – You will have 4 Major Exams and a Comprehensive Final Exam. Your exam average will be the average of your 4 highest scores out of the 4 Major Exams and the Comprehensive Final Exam IF you take all 4 Major Exams and score at least 50% on the Comprehensive Problem. 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. All online exams will be timed. The average exam scores will count as 50% 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. If you do not score at least 50% on the Comprehensive Problem, you are REQUIRED to take the Comprehensive Final Exam, forfeit the option to drop your lowest exam grade, and your Exam Average will consist of your scores on the 4 Major Exams and the Comprehensive Final Exam.
HOMEWORK: The instructor will assign exercises and/or problems to be completed. 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, chapter reviews, etc. will be posted in Blackboard.
You are expected to login to the course in Blackboard frequently. It is the responsibility of the student to learn the material through independent reading, material posted on Blackboard, and CengageNow study tools.
DEADLINE TO DROP THE COURSE*: Thursday, June 23.
*It is the STUDENT's responsibility to fill out the withdrawal form and obtain 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.
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.
1 & 2
Chapter 1 - Introduction to Accounting and Business
Chapter 2 - Analyzing Transactions
Chapter 3 - The Adjusting Process
QUIZZES for Chapters 1, 2, 3 DUE
3 & 4
Chapter 4 - Completing the Accounting Cycle
Chapter 5 - Accounting Systems
Chapter 6 - Accounting for Merchandising Business
QUIZZES for Chapters 4, 5, 6 DUE
Chapter 7 - Inventories
5 & 6
Chapter 8 - Sarbanes-Oxley, Internal Control, and Cash
Chapter 9 - Receivables
QUIZZES for Chapters 7, 8, 9 DUE
Chapter 10 - Fixed Assets and Intangible Assets
Chapter 11 - Current Liabilities and Payroll
QUIZZES for Chapters 10, 11 DUE
1. Accounting is a challenging class to take online. The class requires self discipline and motivation. You will be expected to learn the material through reading the textbook, reading the instructor notes, taking notes while watching lesson videos, completing the homework assignments, and using the CengageNow study tools as needed.
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 will complete about three chapters every 1 1/2 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.
05/06/22 9:05 PM
05/06/22 9:16 PM