AC 201 Principles of Accounting I
U1T 2006 DLH
Repp, David G.
Senior Instructor of Accounting
BA in Business AdministrationMasters in Business AdministrationCPA-Certified Public Accountant
Mon-Sunday (4 PM to 8 PM-Pacific Standard Time)
June 5, 2006 to July 30, 2006
Textbook: Required Text: Fundamental Accounting Principles ,17th Edition
Author:Larson, Wild and Chiapetta
Textbooks can be purchased though the MBS bookstore
Textbooks can be purchased though the Parkville 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: I am committed to creating a positive environment conducive to learning at Park University The following characteristics constitute my educational philosophy:
Excellence: I believe that all students have a right to expect excellence in academic instruction. By providing instruction using the latest equipment and the most up-to-date software and educational technologies, I will prepare students for today's business field.
Accessibility: I believe that all students have a right to receive opportunities for higher education, including opportunities for individual growth, professional development, and academic achievement. All students should be provided equal opportunities in receiving help that will motivate and assist them in defining and achieving their educational goals.
Responsibility: I believe that I am accountable to my students, the community, and to society for accomplishing its goals within the constraints of the college mission and its resources.
Professionalism: I believe that I should serve as an example of professionalism, which my students can follow. I feel that my actions, speech, and values should be of the highest standard in dealings within the educational environment.
Learning Outcomes: Core Learning Outcomes
Link to Class RubricClass Assessment: The grading criteria is as follows for the course:
Quizes( 7 each-100 points each
Hour exams( 3 each)-100 points each
Final Exam-100 Point
Homework-20 points each week
Grading: Quizes are worth 100 points each=700 points
The hour exam are worth 100 points each=300 points
The final exam is worth 100 points each=100 points
Weekly Participation is worth 80 points=80 points
Late Submission of Course Materials: You will be expected to submit all of your work on time. All assignments are due by midnight Mountain Time on the established suspense date as designated in this syllabus. Any assignment that is turned in late will be docked 50% of the total points available. Any late assignment must be submitted within two days of the original suspense. Failure to submit the assignment within two days of the original due date may result in the assignment not being accepted.
Late assignments will be accepted only in cases of emergency and only if the student notifies the instructor ahead of time and the instructor approves the submission of the late work.
Classroom Rules of Conduct: Each of you needs to actively participate in discussions relating to the subject materials for each week for full participation credit and to make this class an enjoyable learning experience for us all.
In an intensive, collaborative learning environment such as that of Park University, class attendance is perhaps the most obvious and objective starting point measure for participation. If you are not in attendance, you miss out on many opportunities for learning. Because of this, if you miss class, you will not receive participation points for that workshop week.
During each workshop week, you are expected to be actively engaged in the activities and discussions. During online workshop weeks, you must contribute to your assigned main newsgroup discussions in a substantive manner each week to earn 100% of the participation grade points for the workshop. As the instructor for the course, I will take both the quantity and content of your messages to your assigned main discussion thread into account to determine your weekly online workshop participation grade.
For online participation, you should read, analyze, and respond to questions and comments from fellow students and me. These may include additional questions from me, as the discussions evolve, not just the questions assigned at the end of the chapters. Don't be afraid to express your opinion of the topics that we will discuss. Differences of opinion are normal; but the important thing about any disagreement is to differ with respect and to provide an explanation and clear factual basis for your different point of view.
Quantity is important, but the quality of the notes is even more important.
You are expected to respond to your classmates and any questions/comments as posed from your instructor. If you use external information to substantiate your comments, make sure to cite your reference properly. Additionally, posts that consists exclusively of another individual's ideas will not be awarded full credit. Use quotes and external example to substantiate your own statements.
Course Topic/Dates/Assignments: This is not a bookkeeping course. The student is expected to learn not only how to record financial transactions, but why they are recorded. It will focus on the principles of financial accoutning rather than the the bookkeeping function. Accounting is said to be the "language of business". It has its own terms and understanding these will be one of the biggest challenges to the beginning accounting student. As with any language, mastery comes with using the new words and terms. Raise questions and express yourself in class as often as possible.
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
Quizes 10% ( 4 multiple Choice questions-10 points each and 1 problem- 60 points)
Hour Exams 60% ( 10 multiple Choice questions and 3 problems)
Final Exam 30% ( 10 multiple choice questions and 5 problems)
Total Grade 100%
Week One June 5 to June 11
Read chapter one and two. Do problems 1.7A and 2.6A
and compare results with the self evaluation thread.
Complete quiz one and send via dropbox.
Week Two June 12 to June 18
Read chapter Three. Do problem 3.2A and compare
results with the self evaluation thread.
Complete quiz 2, and the first hour exam and
send via dropbox
Week Three June 19 to June 25.
Read chapters four and five. Do problems 4.4A and
5.1A and compare results in the self evaluation thread.
Complete quiz three and send via dropbox
Week Four June 26 to July 2
Read chapters six and seven, do problems 6.1A,
7.1A, 7.4A and compare in the self evaluation thread.
Complete quiz four and the second hour exam and
send via dropbox.
Week Five July 3 to July 9
Read chapter eight, do problems 8.1A, 8.4A and compare
results in the self evaluation thread.
Complete quiz five and send via dropbox.
Week Six July 10 to July 16
Read chapters nine and ten and do problems 9.2A,
9.5A, 10.3A, 10.1B and compare in the self evaluation
thread. Complete quiz six and third hour exam and
send in via dropbox.
Week Seven July 17 to July 23
Read chapter eleven and do problem 11.4A, 11.1B and
compare results in the self evaluation thread.
Complete quiz seven and send in via dropbox.
Week 8 July 24 to July 30
Proctored Final Examination
Student Survey of Online Teaching
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. 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 .
Last Updated:5/15/2006 12:07:16 PM