Mike Cottrell College of Business
ACLA Department-Oconee Campus
Syllabus
ACCT 2101 - Principles of Accounting I
Spring 2019 - 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/
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Office Hours: |
Room 592 SRC Oconee |
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M |
&
1:00pm – 2:00pm |
|
W |
& 12:00pm – 1:00pm |
|
R 11:00am – 1:30pm |
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F 9:30am – 10:00am |
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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 7-8
Attendance Verification: Jan
9-15
MLK
Holiday: Jan 21, Monday
Last
Day to Withdraw Without Academic Penalty: Feb 5
Last
Day of Class: Feb 25, Monday
Final Exam Date: Feb 27, Wednesday 10:00am
-12:00pm
Double
check final exam dates at link below:
https://ung.edu/academics/academic-calendars/index.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.
https://ung.edu/academics/academic-calendars/index.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; 14th edition; South-Western Cengage
Learning, 2018.
ISBN13:
978-1-337-11920-7
Link to publisher eBook/eChapter/Rental: http://www.cengagebrain.com/shop/search/9781337119207
·
Link to UNG bookstore textbook lists http://ungbookstore.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 VitalSource eBook 120 Day Rental https://www.vitalsource.com/products/3p-ebk-sg-vol1-corp-fin-acc-fin-mrgl-acc-cengage-learning-v9781285950808?term=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.
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 exam).
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 (not the day of
the final exam) 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 The Tutoring Center in the SRC building Room 583. Take
identification, a scan tron, and a 4-function
calculator with you when you present yourself at the Tutoring Center to take
the test. Exams at the
Tutoring Center must be scheduled 24 hours in advance by contacting · The Tutoring
Center front desk in Room 583 · The Tutoring
Center front desk via phone at 706-310-6294 · Sanjna Naqvi
via email at Sanjna.Naqvi@ung.edu. 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 department head 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, at the beginning of class on the day of Chapter 4's exam (Test
2). No late submissions will be
accepted. Incomplete submissions will
not be accepted. |
Attendance:
Students MUST
attend class during the Attendance Verification period or the student will be
reported as absent and will be administratively withdrawn (not dropped)
from the course. Attendance at all scheduled classes is mandatory. Any student who misses more than 20 percent
of scheduled classes will be administratively withdrawn at the instructor's
discretion. Students who wish to
voluntarily 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 voluntary 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 & 8-12) |
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
PROS is a
graduation requirement for BBA students.
·
At
30 hours, or upon becoming a new BBA student, reach out to the PROS office (PROS@ung.edu) to verify your status, get your plan of study, and enroll in the D2L course. Once
enrolled, take the syllabus quiz to
get started.
·
PROS
must be completed at least 90 days prior
to graduation.
·
Please
visit https://my.ung.edu/departments/college-of-business/Pages/PROS.aspx
or make an appointment for more 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 2019
|
WEEK – DATE |
DAY |
CHAPTER |
Discussion |
EXERCISES |
PROBLEMS |
|
1 – Jan 7 |
M |
1 Intro |
4-10 |
1,3,6,8,9,11,12 |
|
|
|
W |
1 2 Transactions |
1-10 |
16,17,19,22,ADM-1 |
1A, 3A |
|
|
F |
2 Transactions |
|
3,6,7,16,17,ADM-1&2 |
3A, |
|
2
– Jan 14 |
M |
2 3 Adjusting Entries |
All |
CP1(#1-3 p222) |
|
|
W |
TEST 1 (Study Guides 1 &
2 Due at class start) 3 |
|
1,3-5,9-11,14,18,19 |
|
|
|
F |
3 4 Accounting Cycle |
All |
ADM-1&2 2,23-26 |
1A,5A, CP1(#4,6,7) |
|
|
3 – Jan 21 |
M |
LABOR DAY |
|||
|
W |
4 |
10,14,18,20,AMD-2 |
CP1(#5, 8-10) |
||
|
F |
TEST 2 (Study Guides 3 &
4 Due at class start) *COMPREHENSIVE PROBLEM
DUE!! 5 Mdse Business |
All |
1,13,15,16,18-20 |
|
|
|
4
– Jan 28 |
M |
5 |
|
21,22,24,26,28,29,36, ADM-2 |
|
|
W |
6 Inventory |
All |
1,7,13-15, |
|
|
|
F |
6 7 Sarbanes/Oxley, Cash Reconciliation 8 Receivables Discounted Notes |
DISCUSSION All |
16,17,24,ADM-1 18,19 19,20,23,ADM-2 See handout
(eLearning) |
|
|
|
5
– Feb 4 |
M |
TEST 3 (Study Guides 5 &
6 Due at class start) 8 |
|
3-6,11,12,15 |
|
|
February 5 (Tuesday)
Last day to drop with a "W" |
|||||
|
|
W |
9 Long-Term Assets |
All |
1,3-7,9,12,13 |
|
|
F |
9 10 Current Liabilities Supplemental Payroll pdf file |
All |
17-20,ADM-1 1,4,8,11,13 See handout
(eLearning) |
2A |
|
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6
– Feb 11 |
M |
TEST 4 (Study Guides 8 &
9 Due at class start) 10 |
|
16,22,24,ADM-1 |
|
|
|
W |
11 Long-Term Liabilities |
All See website handout |
1-9,ADM-1 |
|
|
F |
11 |
|
12-15 |
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7
– Feb 18 |
M |
TEST 5 (Study Guide 10 &
12 Due at class start) 12 Corporations |
Introduction |
|
|
|
|
W |
12 |
All |
1-5,8-11,13-16 |
|
|
F |
12 |
|
19,20 (Ch 14 p686 |
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8
– Feb 25 Last Day of classes |
M |
TEST 6 (Study Guide 11 Due at class start) Review for the final |
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Feb 27 |
W |
FINAL
EXAM 10:00am-12:00pm The
final exam is comprehensive over ALL the material covered during the |
|||
Comprehensive Problem 1 (CP1) is EXTRA
CREDIT worth 10 points each—due with Chapter 4 exam (Test 2).
NOTE!!!
This syllabus is subject to revision as
deemed necessary by the instructor.