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AC 202 Principles of Accounting II
Walizer, Mary Ann L.


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 202 Principles of Accounting II

Semester

F2T 2006 DLF

Faculty

Walizer, Mary Ann L.

Degrees/Certificates

M.A. Education
M.S. HRMD

Daytime Phone

701-857-8716

Other Phone

701-838-1664

E-Mail

Mary.Walizer@pirate.park.edu

walizer@minot.com

Semester Dates

8/21/2006 - 10/15/2006

Class Days

TBA

Class Time

TBA

Credit Hours

3


Textbook:

Required Text: Fundamental Accounting Principles ,18th Edition
Author:Larson, Wild and Chiapetta ISBN: 0-07-299653-6  
Order Texts at:
http://direct.mbsbooks.com/park.htm

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.
Advising - Park University would like to assist you in achieving your educational goals. Please contact your Campus Center for advising or enrollment adjustment information.
Online Classroom Technical Support - For technical assistance with the Online classroom, email helpdesk@parkonline.org or call the helpdesk at 866-301-PARK (7275). To see the technical requirements for Online courses, please visit the http://parkonline.org website, and click on the "Technical Requirements" link, and click on "BROWSER Test" to see if your system is ready.
FAQ's for Online Students - You might find the answer to your questions here.


Course Description:
Continuation of AC 201 with an emphasis on managerial uses of cost information for planning and controlling a business.  Pre-requisite: <a href='index.aspx?Class=AC201'>AC201</a> or equivalent.  3:0:3

Educational Philosophy:

Learning Outcomes:
  Core Learning Outcomes

  1. Prepare retained earnings and equity changes for a corporation.
  2. Prepare manufacturing and process cost summaries.
  3. Prepare budgets.
  4. Compute financial ratios and analyze corporation financial statements.
  5. Compile and interpret statements of cash flows (indirect method.)
  6. Compute and record corporate dividends declared by the Board of Directors.


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. 

Link to Class Rubric

Class Assessment:
Quizzes, Exams and Final Examination.

The final exam is a closed notes and closed book exam with the emphasis on problem solving. Students must achieve a grade of 60% or better on the final exam to pass the course. A grade of less than 60% will result in a failing grade for the course. A grade of 60% or better will be averaged in with the other grades in the course to determine the final course grade.

Failure to take a final proctored exam will result in an automatic "F" grade.

Grading:
The grading scheme is as follows for the course:
Quizes                          10%
Exams( 3 each)            60%
Final Exam                    30%
Total Grade                  100%
90-100    A
80-89     B
70-79     C
60-69     D
<59       F Proctored final examination

Late Submission of Course Materials:
Submission of Late Work: Unexcused late work will recieve 50% value.

Classroom Rules of Conduct:

Course Topic/Dates/Assignments:
Week 1, Read chapters 13 and 14 Review Powerpoint Presentations and Flashcards for Chapters 13 and 14 Complete problem 13-2A, Exercises 14-2 and 14-6, and problem 14-4A Do not submit these problems as they will be self graded. I will post the solutions to these on Wednesday of each week in the self check area for you to check your answers. Do quiz #1 covering the material in chapters 13 and 14 in the classroom. This an open book and open note quiz covering the material in chapters 13 and14. The quiz will be available in the classroom on Thursday morning and submitted to the classroom. The answers will be posted to the Document Sharing area after the grading is complete and available for you to compare your answers. Week 2, Read Chapter 15 Review the Powerpoint Presentation and Flash cards for the chapter Complete problems 15-4A and 15-6A. Do not submit these problems as they will be self graded. I will post the solutions to this problems on Wednesday for you to check your answers. Do quiz #2 covering the material in chapter 15 in the classroom. This an open book and open note quiz covering the material in chapter 15. The quiz will be available in the classroom on Thursday morning and submitted to the classroom. The answers will be posted to the Document Sharing area after the grading is complete and available for you to compare your answers. Take the First Exam covering chapters 13-15. Week 3, Read Chapters 16 and 17. Review the Powerpoint Presentations for the chapters Complete problems 16-1A, 17-4A and 17-5A. Do not submit these problems as they will be self graded. I will post the solutions on Wednesday. Do quiz #3 covering the material from chapters 16 and 17. Week 4, Read Chapters 18 and 19. Review the Powerpoint Presentations for the chapters Complete Exercises 18-1, 18-5, 18-6, 19-2 and problem 19-1A. Complete quiz #4 covering Chapters 18 and 19. This is an open book and open note quiz. The quiz will be available at the end of the week in the evaluation area. The answers will be posted in the document sharing area after the grading is complete and will be available for you to check your answers. Take the Second Exam covering the material in chapters 16-19. Week 5, Read Chapters 20 and 21. Review the Powerpoint Presentation for the chapters. Complete exercise 20-5, problems 20-1A, 21-2A and 21-4A. Do not submit these problems as they will be self graded. Do quiz #5 covering the material from chapters 20 and 21. Week 6, Read Chapter 22. Review the Powerpoint Presentation for the chapter Prepare problems 22-4A and 22-5A. Do quiz #6 and submit in the classroom. This is an open book and open note quiz and the quiz covers the material from chapter 22. Take the Third Exam covering the material from chapter 19-22. Week 7, Read Chapters 23 and 24. Review the Powerpoint Presentation for the chapters Complete Problems 23-5A, 24-1A and 24-2A. Do not submit these problems as they will be self graded. Do quiz #7 and submit to the classroom. Week 8 is the final exam. The final exam is a closed notes and closed book exam with the emphasis on problem solving. Students must achieve a grade of 60% or better on the final exam to pass the course. A grade of less than 60% will result in a failing grade for the course. A grade of 60% or better will be averaged in with the other grades in the course to determine the final course grade. Failure to take a final proctored exam will result in an automatic "F" grade.

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 2006-2007 Undergraduate Catalog Page 87-89

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 2006-2007 Undergraduate Catalog Page 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 "W".
  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 2006-2007 Undergraduate Catalog Page 89-90

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 .

Additional Information:



Rubric

CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Evaluate and define accounting concepts identified by:                                                                                                                                                                                                     
Outcomes
2,3,4,5,6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
100-80 %
 
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
60-79%
 
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
50-59%
 
Evaluate and define the accounting transaction(s) in order to record, adjust or correct per Generally Accepted Accounting Principles
Q1, Q4, Q8, Q12, Q15
Less than 50%
 
Synthesize data to produce a logical flow of informational reporting  per established accounting rules and standards                                                                                                                                       
Outcomes
2,3,4,5,6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Assemble the correct and ethical accounting treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
100-80 %
 
Assemble the correct and ethical accounting  treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
60-79%
 
Assemble the correct and ethical accounting  treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
50-59%
 
Assemble the correct and ethical accounting  treatment for given transactions in order to produce accurate financial statements per Generally Accepted Accounting Principles
Q3, Q6, Q7, Q11, Q14
Less than 50%
 
Analysis of transactional data                                                                                                                                                                                                                             
Outcomes
2,3,4,5,6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
100-80 %
 
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
60-79%
 
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
50-59%
 
Analyze accounting transactions recorded in the book of original entry and adjust, record or post to prepare accurate financial statements per Generally Accepted Accounting Principles
Q2, Q5, Q9, Q10, Q13
Less than 50%
 
Application  of established rules and logic per regulatory and commercial standards                                                                                                                                                                        
Outcomes
1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Demonstrate and interpret accounting data and Trial Balance figures in order to produce accurate Balance Sheets and Income Statements per Generally Accepted Accounting Principles
Q16, Q17, Q18
100-80 %
 
Demonstrate and interpret accounting data and Trial Balance figures in order to produce accurate Balance Sheets and Income Statements  per Generally Accepted Accounting Principles
Q16, Q17, Q18
60-79%
 
Demonstrate and interpret accounting data and Trial Balance figures in order to produce accurate Balance Sheets and Income Statements  per Generally Accepted Accounting Principles
Q16, Q17, Q18
50-59%
 
Demonstrate and interpret accounting data and Trial Balance figures in order to produce accurate Balance Sheets and Income Statements  per Generally Accepted Accounting Principles
Q16, Q17, Q18
Less than 50%
 
Content of Communication written essay                                                                                                                                                                                                                     
Outcomes
5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to the production of cash flow statements
Question 20
100-80 %
 
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to the production of cash flow statements
Question 20
60-79%
 
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to the production of cash flow statements
Question 20
50-59%
 
Assess the student's ability to understand and communicate/ write the reasoning for knowledge acquired through out the course as it relates to the production of cash flow statements
Question 20
Less than 50%
 
Technical Skill in Communicating written essay                                                                                                                                                                                                             
Outcomes
4,6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions
Question 19
100-80 %
 
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions
Question 19
60-79%
 
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions
Question 19
50-59%
 
Demonstrate the knowledge and skill to evaluate, apply and discuss accounting solutions
Question 19
Less than 50%
 
First Literacy Technical knowledge and application                                                                                                                                                                                                         
Outcomes
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Student will demonstrate a basic accounting knowledge within the scope of AC 202 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
100-80 %
 
Student will demonstrate a basic accounting knowledge within the scope of AC 202 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
60-79%
 
Student will demonstrate a basic accounting knowledge within the scope of AC 202 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
50-59%
 
Student will demonstrate a basic accounting knowledge within the scope of AC 202 to assist them in performing their job functions or enhancing their accounting knowledge
Overall Score
Less than 50%
 

Copyright:

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

Last Updated:10/17/2006 12:25:34 PM