AC 201 Principles of Accounting I
S2LL 2009 LR
Bohannon, Alan L.
Senior Instructor / Adjunct Faculty
BS - Business Administration, Wayland Baptist Univ, Planview, TXMPA - Public Administration, Midwestern State Univ., Wichita Falls, TX
(501) 416-5099 Cell
16 Mar - 10 May 2009
6:00 - 9:00 PM
Textbook: Wild, Larson & Chiappetta. Fundamental Accounting Principles, 18th ED., McGraw-Hill Irwin, 2007.
Textbooks can be purchased through the MBS bookstore
Additional Resources: Excel Working Papers, Vol#1. (Supplied by Instructor using "Doc Sharing" feature of PARK On-line.)
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Educational Philosophy: To provide the student with an understanding of the basic concepts of financial accounting. We will explore and examine the operations of an accounting system. We will focus on business and its dependence upon the accounting system for decision-making ability. The student will learn how to analyze financial transactions and assess thier impact on the firm's financial position. This course will provide the foundation for AC202. Lecture, discussions and problem solving individually and in-groups will take place in the classroom. Prior to each scheduled class, the student is required to read assigned chapters and do any written work assigned.
Learning Outcomes: Core Learning Outcomes
The final exam for AC 201 will be the assessment tool used for this course. The exam will be comprehensive and the grade used to determine competency levels achieved by the students. The exam will be closed book and closed notes. The exam consist of 10 multiple choice questions covering the chapter readings in the course and five problems that examine the critical thinking, effective communication skills and technical skills of the student. The first problem will address Accounting in Business, Analyzing and Recording Transactions, and Adjusting Accounts and Preparing Financial Statements. The second problem will address Completing the Accounting Cycle, Accounting for Merchandising Operations and Inventories and Cost of Sales. The third problem will address Accounting Information Systems and Cash and Internal Controls. The last two problems address issues of Accounting for Receivables, Plant Assets and Current Liabilities and Payroll Accounting. Partial credit will be given for the problems.
Link to Class RubricClass Assessment:
The final course grade will be determined using the following measurements:
Mid-term Exam: 100 points possible (Practical)
Final Exam: 100 points possible (Practical / Multiple-Choice) Comprehensive (Chapters 1-12)
Attendence: (-5 points for each excused absence, -10 for each unexcused)
Mid-term, & Final Exams @ 100 points each. Attendence, -5 points for each excused absence, -10 for each unexcused.
200 points possible.
180 - 200 = A
160 - 179 = B
140 - 159 = C
120 - 139 = D
119 < = F
The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.
All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. 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 Dean of the School of Business and Management.
Course Topic/Dates/Assignments: Meeting / Day Class Activity
#1 Monday Intro / Chapter 1
#2 Wednesday Chapter 2
#3 Monday Chapter 3
#4 Wednesday Chapter 4
#5 Monday Chapter 5
#6 Wednesday Chapter 6
#7 Monday Review (Chapter 1-6)
#8 Wednesday Mid-Term
#9 Monday Chapter 7
#10 Wednesday Chapter 8
#11 Monday Chapter 9
#12 Wednesday Chapter 10
#13 Monday Chapter 11
#14 Wednesday Chapter 12
#15 Monday Review For Final
#16 Wednesday 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 2008-2009 Undergraduate Catalog Page 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 2008-2009 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 2008-2009 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:2/11/2009 2:22:51 AM