AC 201 Principles of Accounting I
S2T 2006 DLB
Mugleston, Theran K.
B.S. AccountingMBAPhD Management/Administration
On-Line: Home Address: 104 Ridgefield Drive, Dandridge, TN 37725
2/47 via phone, fax, email
March 13, 2006--May 7, 2006
Textbook: Larson, Wild, Chiapetta, Fundamental Accounting Principles, 17th Ed, McGraw-Hill Irwin, Boston, MA
Textbooks can be purchased though the MBS bookstore
Course Description: Introduction to financial accounting, including the concepts, procedures and terminology of modern accounting. Generally accepted accounting principles will be discussed and applied to various business concerns. 3:0:3
Educational Philosophy: Interaction between students and student to faculty, through open discussion. Assessment is via quizzes and exams. Self-engagement through homework assignments, self-graded.
Learning Outcomes: Core Learning Outcomes
Class Assessment: Weekly quizzes on assigned chapters, 5 multiple choice 1 problem.
Grading: There are 3 exams consisting of 10 mutliple choice and 3 problems, and 1 Final comprehensive exam consisting of 10 multiple choice and 5 problems.
The grading scheme is as follows for the course:
Hour exams( 3 each) 60%
Final Exam 30%
Total Grade 100%
Course Grading Scale
Quizes 10% ( 4 multiple Choice questions and 1 problem)
Hour Exams 60% ( 10 multiple Choice questions and 3 problems)
Final Exam 30% ( 10 multiple choice questions and 5 problems)
Total Grade 100%
A = 90- 100%
B = 80-89%
C = 70-79%
D = 60-69%
F = < 60%
The instructor resevres the right to curve the final average for each student, and to adjust the grade for participation in the weekly chat/discussions.
Late Submission of Course Materials: Late submission of work is not permitted without instructor's approval.
Classroom Rules of Conduct: Conduct in the classroom must be in compliance with Park rules and regulations, including civility and respect for all participants.
Course Topic/Dates/Assignments: Topics to be covered:
1. Accounting Model
2. Accounting Cycle
3. Accoutning for Merchandising Concerns
4. Internal controls
5. Classsification of the Accounts
6. Generally Accepted Accoutning Principles
There are typically two chapters covered per week, the course covers chapters 1-11 in the assigned textbook. There are self-assessed homework assignments, one from each chapter.
Academic Honesty:Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University 2005-2006 Undergraduate Catalog Page 85-87
Plagiarism:Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2005-2006 Undergraduate Catalog Page 85-87
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2005-2006 Undergraduate Catalog Page 89
Disability Guidelines:Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Park University is committed to meeting the needs of all learners that meet the criteria for special assistance. These guidelines are designed to supply directions to learners concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the American with Disabilities Act of 1990, regarding learners with disabilities and, to the extent of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .