Syllabus Entrance
Printer Friendly
Email Syllabus

AC 201 Principles of Accounting I
Mugleston, Theran K.


Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.

Course

AC 201 Principles of Accounting I

Semester

S2T 2006 DLB

Faculty

Mugleston, Theran K.

Title

Instructor

Degrees/Certificates

B.S. Accounting
MBA
PhD Management/Administration

Office Location

On-Line:  Home Address:  104 Ridgefield Drive, Dandridge, TN 37725

Office Hours

2/47 via phone, fax, email

Daytime Phone

865-484-1980

Other Phone

Fax:  865-484-1989

E-Mail

Theran.Mugleston@pirate.park.edu

fin_serv@yahoo.com

Semester Dates

March 13, 2006--May 7, 2006

Class Days

TBA

Class Time

TBA

Prerequisites

None

Credit Hours

3


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

  1. Record the purchase of  assets.
  2. Prepare adjusting journal entries.
  3. Prepare financial statements from an adjusted trial balance.
  4. Prepare closing journal entries.
  5. Write off bad debts of customers.
  6. Compute and record depreciation expense.


Core Assessment:
The test examines each learning outcome with 20 questions. Eighteen multiple-choice questions will be based upon a distribution of critical thinking concepts applied to a learning outcome. Two questions will examine a communication/ writing component. Each question will be weighted as 5 points. 

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:

Quizes                        10%
Hour exams( 3 each)           60%
Final Exam                    30%
Total Grade                  100%

Course Grading Scale

Graded Work

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.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "WH".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.
ONLINE NOTE: An attendance report of "P" (present) will be recorded for students who have logged in to the Online classroom at least once during each week of the term. Recording of attendance is not equivalent to participation. Participation grades will be assigned by each instructor according to the criteria in the Grading Policy section of the syllabus.

Park University 2005-2006 Undergraduate Catalog Page 89

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 .

Copyright:

This material is copyright and can not be reused without author permission.