ACC 1901 Principles of Accounting I Ralph W. Ketner School of Business

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Mildred Holt
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1 ACC 1901 Principles of Accounting I Ralph W. Ketner School of Business Catawba College Spring 2018 Block 1 I. General Information: DAY, TIME, AND LOCATION: INSTRUCTOR: CONTACT INFORMATION: OFFICE HOURS: Face-to-face (FTF) at CPCC and online (OL) as published in the School of Evening and Graduate Studies (SEGS) academic calendar found at catawba.edu Shonda Y. Prescott sprescot15@catawba.edu; cell/text By Phone and Appointment II. Course Description and Rationale: A study of the accounting principles with emphasis on the use and analysis of financial information for decision-making purposes This course satisfies a core requirement in the Bachelor of Business Administration (BBA) degree program. III. Required Textbook and Other Materials: Required Online homework manager access and e-book: Connect access for Fundamental Accounting Principles, 23rd edition, Wild, Shaw, and Chiapetta. McGraw-Hill. Each student should purchase a Connect access code from the Catawba College bookstore or directly from McGraw-Hill. A four-function calculator ACC1901 Spring 2018 Prescott Page 1

2 IV. Learning Objectives: After successfully completing this course, students will 1. Demonstrate an understanding of the significance of generally accepted accounting principles for all firms. 2. Prepare and interpret financial statements in the United States. 3. Demonstrate knowledge of and discuss the accounting model, accounting systems & the role of accounting in business in society in terms of the allocation of scarce resources. 4. Understand basic concepts of financial accounting applied to manufacturing, merchandising, service, and non-profit firms. 5. Demonstrate how business transactions affect the financial statements. V. Course Delivery and Assignments: This course will use lectures, online homework, quizzes and tests, learning activities (in class). Tests Tests are designed to test the student s knowledge of accounting theory and practical application. Tests may include multiple choice questions (quantitative and qualitative), exercise - and problem - type questions (like the homework), short answer questions, and essay questions. Class Preparation Assignments: 1) Homework assignments will be posted on Blackboard with their appropriate due dates. Study groups are encouraged but each student is responsible for his/her own submission of work and will be held accountable to the academic integrity standard. 2) Plan accordingly if you need computer access on campus. Assignments may not be submitted after the date and time listed in the calendar. If the assignment is not submitted by the date and time specified, a grade of 0 will be entered for that assignment. 3) Late submissions will not be accepted. 4) Reading and understanding of the textbook material, including class preparation assignments, is CRITICAL to success in this class and the exams. Participation: This course component will include participation in classroom discussions and projects. ACC1901 Spring 2018 Prescott Page 2

3 VI. Grades, Weights & Scale: Weights: Scale: Homework problems 55% Learning activities, participation, quizzes 5% Test I & II 20% each 40% A = % A- = 91-90% B+ = 89-88% B = 87-82% B- = 81-80% C+ = 79-78% C = 77-72% C- = 71-70% D+ = 69-68% D = 67 62% D- = 61-60% F = <60% VII. Academic Integrity and the Catawba College Student: Honor Code: "As a member of the Catawba College community, I will practice academic honesty, communicate truthfully, and show respect for the rights and property of others. I will also encourage others in the community to behave honorably." Academic Dishonesty: Academic dishonesty includes, but is not limited to, cheating, plagiarism, and lying about academic work. A student who submits the work of others, whether in whole or in part, without proper acknowledgement or permission, or who has falsified information within his own work, is in violation of the Honor Code, and is therefore subject to appropriate sanctions resulting from such a violation. VIII. Attendance Policy: In accordance with the college catalog, if a student misses more than an equivalent of 25% of the scheduled class meetings, a failing grade may be assigned for the course. There are nine class meetings including all face-to-face and online classes or modules. Missing a class meeting is defined as either: Failure to attend a scheduled face-to-face class meeting. Failure to log into Connect for more than four days between face-to-face class meetings. This program is an accelerated program. As such, you must spend a significant amount of time preparing outside of class. ACC1901 Spring 2018 Prescott Page 3

4 It is your responsibility to remain in compliance with the Catawba College School of Evening and Graduate Studies withdrawal policies and procedures. The instructor cannot withdraw a student from this course. Regular preparation and class attendance are expected. More than TWO absences will result in a lowering of your final grade by 1 percentage point per absence. IX. Missed Work Policy: Because of the nature of the accelerated block format, makeup tests are unusual. Because of the block format of this course, no opportunities exist for makeup tests. X. Electronic Device Policy: Students are encouraged to bring electronic devices to class. This includes laptop computers, cell phones with text capabilities, and/or tablets. Laptop computers and other devices may be used during class at all times. Students are asked not to engage in any activity that is not directly related to class during the class meeting. Students are not allowed to use any electronic devices, other than calculators, during tests. Students are not allowed to use cell phone calculators during tests. If a cell phone is visible during a test or an examination, the student will receive a grade of 0 for the test or examination, no exceptions. XI. Course Content: Chapter # Title 1 Accounting in business 2 Recording transactions 3 Adjusting accounts & preparing financial statements 4 Completing the accounting cycle 5 Accounting for merchandise operations 6 Inventories and cost of sales 9 Accounting for accounts receivable 10 Plant assets, natural resources, and intangibles 17 Analysis of Financial Statements ACC1901 Spring 2018 Prescott Page 4

5 XII. Course Calendar: Date Day Topic Jan. 12 Thursday FTF 1,2 Jan. 16 Monday OL 3 Jan. 19 Thursday FTF 4 and Review Jan. 21 Saturday OL Test I (1-4) Jan. 23 Monday OL 5 Jan. 26 Thursday FTF 6, 10 Jan. 30 Monday OL 9 Feb. 2 Thursday FTF 17 Feb. 6 Monday FTF Test II (5-6, 9-10) XIII. Common Professional Component: SUMMARY OF CPC TOPICS COVERED IN THIS COURSE CONTACT HOURS Marketing 0 Business Finance 6 Accounting 24 Management 3 Legal environment of Business 2 Economics 1 Business Ethics 1 Global Dimensions of Business 1 Information System 0 Quantitative Techniques/Statistics 4 Comprehensive or Integrating experience 3 Total (estimate of contact hours) 45 ACC1901 Spring 2018 Prescott Page 5

Accounting 380K.6 Accounting and Control in Nonprofit Organizations (#02705) Spring 2013 Professors Michael H. Granof and Gretchen Charrier

Accounting 380K.6 Accounting and Control in Nonprofit Organizations (#02705) Spring 2013 Professors Michael H. Granof and Gretchen Charrier 1. Office: Prof Granof: CBA 4M.246; Prof Charrier: GSB 5.126D