AC 202 Principles of Accounting II
S1T 2007 DLC
Mugleston, Theran K.
B. S. AccountingMBAPhD Management/Administration
24/7 via email, phone, & fax
January 15, 2007 -- March 11, 2007
Accounting 201 or equivalent
The text is a standard text used in numerous Universities and treats the topic of introductory accounting in great detail. A knowledge of excel is helpful, but is not required for this course.
Wild, J. J., Larson, K. D., & Chiapetta, B. (2007). Fundamental Accounting Principles. 18th Ed. McGraw-Hill Irwin: Boston.
(Note: This textbook is used for both Accounting 201 and Accounting 202)
Textbooks can be purchased through the MBS bookstore
Textbooks can be purchased through the Parkville Bookstore
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This course focuses on managerial uses of financial accounting information. Accounting is said to be the "language of business", as such the information collected and analyzed by accountants is used my management to make managerial decisions. This course delves into this area of management.
Topics to be covered:
1. Business forms.
2. Long-term Liabilities
3. Investments and International Operations.
4. Cash Flow Statements
5. Financial Statement Analysis
6. Managerial Accounting Concepts and Principles
7. Job Order and Process Cost Accounting
8. Cost Allocation and Performance Management
10. Budgets and Planning
11. Standard Cost and Variance Analysis
I have found in teaching this course that those classes that use this forum to ask questions, seek assistance, and to provide help do better than those classes that do not interact one with another.
Accordingly, please, please, please, ask questions, seek help, don't be afraid to ask! If you have a problem the probability is that there are others in the class with the same problem. It is not a sign of weakness or being "stupid" to ask questions, to seek help. If something needs to be clarified, ask!
Your instructor's educational philosophy is one based on consideration for others, interaction between students including open questions and providing assistance to one another.
Learning Outcomes: Core Learning Outcomes
Link to Class RubricClass Assessment:
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%
There are weekly quizzes for weeks 1-7. Grading is as follows: Weeks 1-6 are worth 1.4 points each, week 7 is worth 1.6 points; totaling 10 points.
There are 3 mid-term exams. They are scheduled during weeks 2, 4, and 6. Each is worth 20 points.
The final exam (proctored exam) is given in week 8, it is worth 30 points.
Total points possible, 100, or 100%.
All final exams will be comprehensive and will be closed book and closed notes. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Associate Dean.
The Proctored final exam for online courses must be passed with a grade of 60% or higher in order to pass the course regardless of the overall average. The grade for students who pass the proctored final will be based on the overall average of homework and tests taken during the course. The proctored final exam must address only material which the student has been taught in class.
o A final proctored examination will be taken in a proctored testing environment during the 8th week at one of the Park University sites around the country or at an alternative location. For proctored examinations, photo identification is required at the time of the test. Guidelines for selecting an acceptable proctor can be found on the Park University Website.
o Other Information on proctored exams:
§ It will be the responsibility of the student to arrange for a proctor, by the 6th week of the term, who is accepted and approved by the course instructor.
§ Approval of proctors is the discretion of the Online instructor.
§ A proctor request form will be made available to you during the first week of class so that you can send your requested proctor to your instructor for approval.
§ Failure to take a final proctored exam (or submit your final project for some online graduate courses) will result in an automatic "F" grade.
Classroom Rules of Conduct:
Week 1: Quiz 1
Chapter Thirteen-Accounting for Corporations
Chapter Fourteen-Long Term Liabilities
Week 2: Quiz 2, Exam 1
Chapter Fifteen -Investments and International Operations
Week 3: Quiz 3
Chapter 16-Reporting the Statement of Cash Flows
Chapter 17-Analysis of Financial Statements
Week 4: Quiz 4 and Exam 2
Chapter 18-Managerial Accounting Concepts and Principles
Chapter 19-Job Order Cost Accounting
Week 5: Quiz 5
Chapter 20-Process Cost Accounting
Chapter 21-Cost Allocation and Performance Measurement
Week 6: Quiz 6 and Exam 3
Chapter 22-Cost-Volume-Profit Analysis
Week 7: Quiz 7
Chapter 23-Master Budgets and Planning
Chapter 24-Flexible Budgets and standard costs
Week 8: Final Exam
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.
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 .
Last Updated:12/26/2006 2:08:06 PM