The material covered in this course makes extensive use of time value of money computations. We will review time value of money in Chapter 6 of Kieso and Weygandt during this semester, and the instructor will use a Hewlett Packard 10B business calculator for all of her computations. You are not required to purchase the HP10B, but (1) your calculator must be capable of calculating the internal rate of return of a stream of future cash flows, and (2) you must be able to use your calculator.
A study of the theoretical and technical basis of current accounting practices. Course includes basic theory, analysis of financial statements and accounting charges. Emphasis is on compliance with generally accepted accounting principles applied to business problems. Pre-requisites: AC320 or CS140 or equivalents. 3:0:3
The instructor's educational philosophy is to present the course material in an informal lecture setting. Students will be asked to participate in conjunction with the lecture and the review of assigned problems. The instructor encourages the students to make direct contact for additional assistance as needed beyond class time.
1)To help you establish a conceptual foundation upon which you can begin to develop the critical thingking skills you will utilize throughout your career.
- This will be based on the Statements of Financial Accounting Concepts (materiality, revenue recognition, matching, relevance, reliability, etc.)
2)To help you discard your old habits of memorization and to empower you to be responsibile for you own learning.
- Material will be presented in a manner that stresses its logic and consistency
- Heavy emphasis will be placed on course materials, which included complete examples for you to use while studying and preparing for class.
- The material will challenge you intellectually.
3)To prepare you for future accounting courses and for a professional career in accounting.
- We will cover the required text as outlined, which will begin preparing you for professional certification examinations.
4)To ensure that you understand the material and can apply it in a "real world setting"; confident in your abilities and knowledge.
Examinations, quizzes and participation in class discussions.
Three exams and a comprehensive final. Further explanation in first class meeting.
Late Submission of Course Materials:
Assignments/tests not submitted on the due date will receive a grade of "zero".
Classroom Rules of Conduct:
It is essential that the student be prepared for class. To this end, students should bring with them the textbooks, calculator and completed assignments. Failure to become involved in class activities will be construed as indifferene toward the course materials. It is therefore assumed that you are indifferent toward the grade you ultimately receive in the course.
Attendance will be taken at the beginning and end of class. You must be present for the entire class for it not to count as an "unexcused/excused" absence. It is understood that unavoidable situations may arise that interfere with you class attendance. The insturctor must be notified prior to class for the absence to be "excused". More than one "excused" absence will result in lowering your grade one letter. (i.e. A to B)
This information will be e-mailed.
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 2004-2005 Undergraduate Catalog Page 101
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. <a href="http://www.park.edu/catalog">
Park University 2004-2005 Undergraduate Catalog</a> Page 101
Instructors are required to maintain attendance records and to report absences
via the online attendance reporting system.
Park University 2004-2005 Undergraduate
Catalog Page 100
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:
This material is copyright and can not be reused without author permission.