University of North Georgia

Business Division

Syllabus

ACCT 2102—Principles of Accounting II

Summer 2015

Second Short Session (July)

 

You are responsible for reading this entire syllabus.

 

GENERAL INFORMATION

 

Instructor’s Name:   Penelope Lyman

Email Address:        plyman@ung.edu

Office Hours:          Room 550 by appointment

Web Site:                http://faculty.ung.edu/plyman/

 

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 email accounts on a daily basis.
  • Send your emails to plyman@ung.edu.  Do NOT send emails to me via elearning's internal email.
  • Please include your name in the email and 2102 in the subject line.
  • 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.

 

Prerequisite:  ACCT2101 with a grade no lower than "C"

 

Important Dates:

Drop/Add:  Jun 24 – Jun 25

 

Last Day to Withdraw Without Academic Penalty:  Jul 7

 

Last Day of Class:  Jul 23

 

Final Exam Date:  Jul 23, 11:00am-1:00pm – double check final exam dates at the 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 UNG 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, & Duchac; 12th edition; Southwestern Publishing Company, 2014.

ISBN-10: 1133952429

ISBN-13: 9781133952428

 

Study Guide, 12th edition, Chapters 1-15

Study Guide, 12th edition, Chapters 16-27

 

COURSE DESCRIPTION

 

Principles of Accounting I & II are the core of the Business Administration program.  Both courses are required for all students who plan to transfer to a senior college and major in any of the Business Administration areas.  Both courses are also required in the Management career program.  ACCT 2101 only is required in the Paralegal program.  There are also other majors which require only one course in accounting.  The course offers a study of utilization of accounting information in business management, including cost accounting fundamentals, specialized internal reports, budgeting, and decision making for the corporate forms of business.

 

COURSE OBJECTIVES

 

General Objectives:

 

1.

To offer lower division courses which will prepare students who transfer to four year colleges and universities to pursue upper division courses and academic programs successfully.

2.

To offer career programs and courses relevant to area employment needs and the interests of students.

 

Specific Objectives:

 

1.

To provide the student with an understanding of the basics structure and concepts of accounting.

2.

To acquaint the student with accounting and financial terminology.

3.

To give meaning to principles and theory by providing practical examples and problem solutions.

 

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.  Specific assignments will be made each class.

 

3.

There are nine tests scheduled for the semester (including a comprehensive final exam). 

A.    All tests are mandatory. 

B.    You should bring a 4-function calculator and a scan tron to each test.  You may NOT use your cell phone as a calculator during a test.  You may NOT use a graphics calculator during a test.

C.    Tests for Chapters 13, 14, 18, & 19 are worth 50 points each.  Tests for Chapters 16 &17, Chapters 20 & 21, Chapters 22 & 24, and Chapters 26 & 15 are combined (2 chapters per test) and are worth 65 points each.  Tests (not including the final) are made up of multiple choice and problems.

D.    You MUST take the Final Exam.  The final exam is comprehensive and is made up of 75 multiple choice questions.  The final exam is worth 150 points.

 

Policies for make-up tests (not including the final exam):

E.    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 will call the doctor's office to verify excuses.

F.    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.

G.   If you miss a test excused or unexcused, except for Test 8, you will have 3 days to make up the missed test or you will receive a zero for that test.  Test 8 (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.

H.    Points will be deducted from the first four missed tests without a documented excuse as follows:

o   10% for the first undocumented missed test

o   20% for the second undocumented missed test

o   30% for the third undocumented missed test

o   40% for the fourth undocumented missed test

·       You must contact me via email that you missed the test.

·       The first three missed tests may be taken

Ř  in my office by appointment only at MY convenience

Ř  OR you may contact the Oconee Testing Center and make an appointment with 48 hours notice (no drop-ins) via email (judy.l.taylor@ung.edu) or stop by room 201 to make an appointment. Take identification, a scan tron, and a 4-function calculator with you when you present yourself at the Oconee Testing Center to take the test.

·       Any tests missed beyond the fourth missed test will receive a zero, no excuses; no exceptions.

 

4.

The Study Guides must be filled in **completely and in good form** for each chapter.  The Study Guide(s) will be collected at the beginning of 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 the Study Guides are prepared in good form.  Points will be deducted for unprofessional submissions. 

 

If you fail to turn in your Study Guide chapter(s) on time, you have until the next class meeting to submit the Study Guide chapter(s) for half credit, after which you will receive a zero for the chapter(s).

 

5.

An Extra Credit assignment is posted on my website.  Details for the Extra Credit assignment will be discussed in class.  The assignment is worth 10 points and is due when you take your final exam.  No late submissions will be accepted.  Submission must be by hardcopy only.

 

 

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 Chapters 13-14 @50

100 points

Tests Chapters 16 &17 (combined) @65

65 points

Test Chapters 18-19 @50

100 points

Test Chapters 20 & 21 (combined) @65

65 points

Test Chapters 22 & 24 (combined) @ 65

65 points

Test Chapters 26 & 15 (combined) @ 65

65 points

Study Guide (12 chapters @4)

48 points

Final Exam  (Chapters 13-22, 24,26)

  (comprehensive multiple choice)

150 points

Total

100% =   658 points

========

 

 

GRADE

AVERAGE

POINTS

A

90%-100%

592-658 points

B

80%-89.9%

526-591 points

C

70%-79.9%

460-525 points

D

60%-69.9%

394-459 points

F

<59.9%

<394 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 658 points as outlined above.  There are no non-academic influences on final grades.  Grades are posted to eLearning.  I generally update grades promptly.  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 INFORMATION

 

See link below for info regarding inclement weather, students with disabilities, academic dishonesty, smoking policy, course withdrawals, administrative office hours, etc. http://ung.edu/academic-affairs/policies-and-guidelines/supplemental-syllabus.php

 

 

Assignment Sheet

ACCT2102

Summer 2015

 

WEEK

DAY

CHAPTER

DISCUSSION QUESTIONS

EXERCISES

PROBLEMS

Jun 24

W

Corporations Part 2

eLearning Tax timing differences

15 (pp715,716,720,721-also, see eLearning handout)

 

 

Ch15 #21 (EPS) &

#22 (PE ratio)

1,6,8,10,11

 

R

13

Stmt of Cash Flows

 

ALL

16,17,20,21,25,28

 

Jun 29

M

TEST 1 based on elearning handout, Chapter 13 and partial Chapter 15

(Study Guide Chapter 13 (only) Due)

14 Stmt of Cash Flows

 

2-13,15

 

T

14

16 Manufacturing

 

ALL PE 16-5A

 

1A,2B

W

TEST 2 (Study Guide Chapter 14 Due)

16

17 Job Order Costing

 

ALL

1,3-5,9,11,13,15,16

1A

R

17

9

1A,2A

Jul 6

M

TEST 3 Study Guide Chapters 16 & 17 Due)

 

 

18 Process Costing

ALL

5-8,11,12

 

TUESDAY, DROP DATE (LAST DAY TO WITHDRAW WITH A “W”) Jul 7

T

18

19 Cost Behavior

14,15

1,2,4,5,7,9,11

2A

W

TEST 4 (Study Guide Chapter 18 Due)

19

13,14,19,23-25

1A,3A

R

TEST 5 (Study Guide Chapter 19 Due)

 

20 Profit Reporting

ALL

2.3.5-8

 

Jul 13

M

21 Budgets

ALL

1,2,6,18-20

T

TEST 6 (Study Guide Chapters 20 & 21 Due)

 

 

22 Variances

ALL

1-6

 

W

22

24 Differential Analysis

7,8

1-4,6-8

1A,3A

R

24

 

9-16

Jul 20

M

TEST 7 (Study Guide Chapters 22 & 24)

 

 

26 Activity-Based Costing

1-3,5,8

 

T

26

15 Ratio Analysis

 

ALL

9,12,20

1-4,6,9,11,16,17,21,22

W

TEST 8 (Study Guide Chapter 15 & 26 Due

***LAST DAY OF CLASSES***

Review for the Final

 

 

Jul 23

R

FINAL EXAM 11:00AM (Comprehensive) 

 

 

**For Extra Credit, see my website.  Explicit instructions provided in class.

NOTE!!! This syllabus is subject to revision as deemed necessary by the instructor.  Any errors on the syllabus are unintentional and are subject to correction when/if found.