Mike Cottrell College of Business
ACLA Department-Oconee Campus
Syllabus
ACCT 2101 - Principles of Accounting I
Spring 2016 - First Session
You
are responsible for reading this entire syllabus.
GENERAL
INFORMATION
Instructor’s Name: Penelope Lyman
Email Address: plyman@ung.edu
Web Site: http://faculty.ung.edu/plyman/
|
Office Hours: |
Room 592 SRC Oconee |
|
M |
&
1:00pm – 2:00pm |
|
W |
& 1:00pm – 2:00pm |
|
R 11:00am – 1:30pm |
|
|
F 9:30am – 10:00am |
|
Email is the official tool for contacting me during the
semester.
Email policies for this class are
as follows:
·
Students are required to use their school email account for all
communications.
·
Students are expected to check their UNG email accounts on a daily
basis.
·
Please include your name in the email and 2101 in the subject
line.
·
Do not use the eLearning email tool in D2L to send me emails.
·
I will respond to your emails within 24 hours of receipt EXCEPT on
holidays. If I don’t respond, assume
that your email was eaten by cyberspace.
Please resubmit.
Important Dates:
Drop/Add:
Jan 11-Jan 15
MLK Holiday: Jan 18
Spring
Break: N/A first
session
Last
Day to Withdraw Without Academic Penalty: Feb 5
Last
Day of Class: Feb 29, Monday
Final Exam Date: Mar 2 10:00am -12:00pm
Double
check final exam dates at link below:
http://ung.edu/academic-affairs/final-exam-schedules.php
I
make every effort to make sure the above dates are accurate. However, the above dates are subject to the
schedules and calendars posted online at the University of North Georgia
website.
http://ung.edu/academics/academic-calendar.php
It is the student’s
responsibility to verify these dates as they could be subject to change.
TEXT
AND OTHER MATERIALS
Text:
Financial
and Managerial Accounting;
Warren, Reeve, & Fess; 13th edition; South-Western Cengage Learning, 2016.
ISBN 978-1-285-86630-7
·
Link
to publisher eBook/eChapter/Rental: http://www.cengagebrain.com/shop/search/9781285866307
·
Link to UNG bookstore textbook lists http://www.northgeorgiacollegebookstore.com/
Working
Papers Chapters 1-15
(packaged with text from UNG bookstore)
Study
Guide, Chapters
F1-F15; ISBN 978-1-285-08541-8
·
Link
to publisher eBook http://www.cengagebrain.com/shop/search/9781285085418
COURSE
DESCRIPTION
Principles of
Accounting I is an introduction to the fundamentals, practices, and procedures
of accounting, including the construction and interpretation of financial
statements. Emphasis is placed on the corporate form of business organization.
ACCT 2101 is
a three-hour course in the core of the two-year business administration program
and is required for all students who intend to earn a bachelor’s degree in any
of the business concentration areas.
Prerequisite:
Area A Math with a grade of C or higher.
COURSE
OBJECTIVES
ACCT 2101 is
a lower-division course designed to prepare students for four-year business
programs. Students will learn to:
|
1. |
Demonstrate
an understanding of the role of accounting in business. |
|
2. |
Analyze,
record, and summarize transactions related to financing and operating a
service and merchandising business. |
|
3. |
Prepare and
interpret basic financial statements. |
METHODS
OF INSTRUCTION AND EVALUATION
Classroom
Procedures:
|
1. |
Each
chapter assigned will be covered in the classroom, using the textbook,
illustrations, and other examples. |
|
2. |
The
exercises and problems listed on the assignment sheet are homework that will
be covered in class. These exercises
and problems are at the back of every chapter in your textbook. The Working Papers, which are listed
as a required text, are specially designed to use with the exercises and
problems assigned and will make doing the homework easier for you. Specific assignments will be made each
class. |
|
3. |
There are seven tests scheduled for the semester
(including a comprehensive final).
Policies
for make-up tests (not including the final exam): A) If you have a legitimate,
documented doctor's excuse for missing a test, you may make up the missed
test without penalties if you take it on the day you are permitted to
return to class on the doctor's note. The
day you return must correspond with the dates on your documentation–not the
day of your next scheduled class.
(Make sure your doctor includes a "date to return to class"
on your excuse.) Be aware that I call
the doctor's office to verify excuses. B) Funerals are not excused absences
unless they are for immediate family members.
If you must attend a funeral and will miss class as a result, contact
me BEFORE the exam, and I will arrange for you to take the exam early. C) If you miss a test excused or unexcused, except
for Test 6, you will have a week
to make up the missed test or you will receive a zero for that test. Test 6 (the last test, not the final exam)
must be taken no later than the last day of classes or you will receive a
zero for that test. D) Points will be deducted from the
first four missed tests without a documented excuse as follows:
1) You must
contact me via email that you missed the test. 2) The first
three missed tests may be
taken at either:
i.
The Tutoring Center in the SRC building. Exams at
the tutoring center must be scheduled 24 hours in advance by contacting alison.piazza@ung.edu in SRC Room
583. OR
ii.
May be taken in
my office (SRC Room 592) at MY convenience by appointment only via email. 3) The fourth
missed test must be taken in my office at MY convenience within a week
(unless the fourth missed test is Test 6 which is due no later than the last
day of classes). At my discretion,
the fourth missed test may also include a mandatory counseling session with
the course coordinator before you may take the fourth missed test. 4) Any tests missed beyond the fourth
test will receive a zero, no excuses; no
exceptions. |
|
4. |
The Study Guide (required book purchase)
must be filled in **completely and
in good form** for each chapter.
For full credit, the Study Guide
chapters must be submitted at the beginning of class for each
exam. The answers to the Study Guide chapters are provided
within the Study Guide (at the
back); therefore, no excuses are acceptable for failure to turn in
comprehensively completed chapters. I
will also be checking to make sure your Study
Guide submissions are prepared in good
form. Points will be
deducted for unprofessional submissions. If you fail
to turn in your Study Guide
chapters on time, you have until the next class meeting to submit the Study Guide chapters for half credit, after which you
will receive a zero for the missed chapters. |
|
5. |
Comprehensive
Problem 1 at the back of Chapter 4 is extra credit. We will be working this problem together in
class. To receive full points, the
project must be handed in, completely finished and in good form on the
working papers, on the day of Chapter 4's exam (Test 2). No late submissions will be accepted. Incomplete submissions will not be accepted. |
Attendance:
Attendance at
all scheduled classes is mandatory. Any
student who misses more than 20 percent of scheduled classes may be
administratively withdrawn at the instructor's discretion. Students who wish to withdraw must do so by
the midpoint of the term to avoid academic penalty. It is the student’s
responsibility (not the faculty member’s) to arrange for a withdrawal from
either a course or from the school.
COURSE
GRADING
|
Tests 1-5 @65 Test 6 @50 |
325 points 50 points |
|
Study Guide (4 points
each) |
44 points |
|
Final Exam (Chapters 1-6 & 8-10) |
150
points (comprehensive) |
|
Total |
569 points---100% ======== |
*Extra Credit
**Comprehensive
Problem 1 @10 points—see Assignment Sheet
The
scale is: 90%=A, 80%=B, 70%=C, 60%=D,
<60%=F detailed as follows:
|
GRADE |
AVERAGE |
POINTS |
|
A |
90%-100% |
512 -569 points |
|
B |
80%-89.9% |
455-511 points |
|
C |
70%-79.9% |
398-454 points |
|
D |
60%-69.9% |
341-397 points |
|
F |
<59.9% |
<340 points |
Please note:
An 89% is NOT an A; a 79% is NOT a B; a 69% is NOT a C,
and a 59% is NOT a D. Your grade
is based on the total number of points you earned divided by 569 points as outlined
above. There are no non-academic
influences on final grades. Grades are
posted promptly to eLearning. Upload
errors are subject to correction.
I reserve the
right to consider an individual's class participation, attendance, enthusiasm,
and preparedness when assigning a final grade.
SUPPLEMENTAL
COURSE SYLLABUS/INFORMATION
See link
below for info regarding academic exchange, academic integrity policy, academic
success plan program, class evaluations, disruptive behavior policy, inclement
weather, students with disabilities, smoking policy, course grades and
withdrawals, etc.
http://ung.edu/academic-affairs/policies-and-guidelines/supplemental-syllabus.php
COURSE
CALENDAR-Assignment Sheet
ACCT2101-1ST
SESSION
Spring 2016
|
WEEK
– DATE |
DAY |
CHAPTER |
Discussion |
EXERCISES |
PROBLEMS |
|
1 - Jan 11 |
M |
1 Intro |
4-10 |
1,3,6,8,9,11,12 |
|
|
|
W |
1 2 Transactions |
1-10 |
16,17,19,22,26 |
1A, 3A |
|
|
F |
2 Transactions |
|
3,6,7,16,17,23 |
3A, |
|
2
- Jan 18 |
M |
MARTIN LUTHER KING DAY
HOLIDAY |
|||
|
W |
2 3 Adjusting Entries |
All |
CP1(#1-3 p208) |
||
|
|
F |
TEST 1 (Study Guides 1
& 2 Due at class start)
3 |
|
1,3,5,6,8-10,12,13,15,18, 19,28 |
|
|
3 - Jan 25 |
M |
3 4 Accounting Cycle |
All |
1A,5A, CP1(#4,6,7) |
|
|
W |
4 |
2,25-28,10,14,18,20,21 |
CP1(#5, 8-10) |
||
|
|
F |
TEST 2 (Study Guides 3
& 4 Due at class start) *COMPREHENSIVE PROBLEM
DUE!! 5 Mdse Business |
All |
1,9,12,14,15,17,19 |
|
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4 - Feb 1 |
M |
5 |
|
20,21,23,25,26,30,35 |
|
|
|
W |
6 Inventory |
All |
1,7,12,13,14,15, |
|
|
FEB 5, Friday - Last day to drop with a "W" |
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|
|
F |
6 7 Sarbanes/Oxley,Cash 8 Receivables Discounted Notes |
DISCUSSION All |
16,20,26 18,19 19,20,23,28 See handout (elearning) |
|
|
5 - Feb 8 |
M |
TEST 3 (Study Guides 5
& 6 Due at class start) 8 |
|
3-6,11,12,15 |
|
|
|
W |
9 Long-Term Assets |
All |
1,3,7,8,10,12,15 |
|
|
|
F |
9 10 Current Liabilities |
All |
4,17-20,23 1,4,8,11,13, |
2A |
|
6 - Feb 15 |
M |
TEST 4 (Study Guides 8
& 9 Due at class start) 10 |
|
16,19,21,22 |
|
|
|
W |
12 Long-Term Liabilities |
See website handout All |
4-7,12-14,17 |
|
|
|
F |
12 |
|
18,21-24 |
5A,6A |
|
7 - Feb 22 |
M |
TEST 5 (Study Guide 10
& 12 Due at class start) 11 Corporations |
Introduction |
|
|
|
|
W |
11 Corporations |
All |
1-5,8-13 |
|
|
|
F |
11 |
|
16,17,20,22, (Ch 13
#25 |
1A |
|
8
- Feb 29 |
M |
TEST 6 (Study Guide 11 Due at class start) Review for the final exam |
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Mar 2 |
W |
FINAL
EXAM 10:00am-12:00pm March 2 Wednesday The
final exam is comprehensive over ALL the material covered during the |
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Comprehensive Problem 1 (CP1) is EXTRA
CREDIT worth 10 points each—due with Chapter 4 exam.
NOTE!!!
This syllabus is subject to revision as
deemed necessary by the instructor.