AC 201 Principles of Accounting I
F1T 2012 DL
John L. Cookinham, III
Assistant Professor of Accounting
BS University of Rhode IslandMBA Indiana UniversityCMA
Textbooks can be purchased through the MBS bookstore
Textbooks can be purchased through the Parkville Bookstore
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 firstname.lastname@example.org or call 800-927-3024Resources 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 email@example.com 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.
Introduction to financial accounting, including the concepts, procedures and terminology of modern accounting. Generally Accounting Principles will be discussed and applied to various business concerns. 3:0:3
My primary belief is that teaching is a true test of scholarship and that a teacher should provide a classroom environment that is conducive to encouraging students to express their ideas and actively participate in the learning process. The concept that each student is responsible for learning in the class and should enjoy the interaction in the classroom is key to this belief. The student should be academically challenged by the intellectual discussion of the course material and be able to comprehend its value as part of preparation for life and a successful career. I want to have the student complete a course of instruction and feel that the knowledge gained is worthwhile and will contribute to their success in achieving their goals.
I also believe that an effective teacher has a complete knowledge of the subject matter being taught as well an understanding of the underlying pedagogical theory. It is the teacher’s responsibility to remain current in their field of expertise by reviewing current literature, attending conferences, maintaining memberships in appropriate professional organizations and consulting with colleagues. A teacher must not only know the subject matter, but the best way to present the subject matter to the students to stimulate their though process. The student should be encouraged to seek external sources to further their knowledge.
In addition, I believe that an effective teacher should attempt to gain an understanding of each student’s capabilities and their level of knowledge that they bring into the classroom. Each student should be encouraged to gain additional skills and develop new insights. As each student is different and various teaching techniques should be employed to reach out and facilitate the learning process. A relationship should be built that emphasizes trust and a commitment to the learning process. The student should feel that a partnership does exist with the teacher and that mutual respect is a key to success in the classroom. The teacher must be committed to the success of each student insure that the teacher is available to the student outside of class.
In summary, I want the student to leave my classes with the following thoughts:
The teacher personally cared for me as an individual and appreciated my understanding of the subject matter.
My contributions to the classroom discussions and the subject were valued.
The classroom environment encouraged my responsibility for learning the subject matter.
The material is important and will be a factor in my success in life goals
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: We will use a variety of assessment instruments: discussion, quizess and exams.
The grade for this course is a composite grade from the student’s participation in the weekly class discussion, seven quizzes, three hour exams and the final exam.
The discussion participation is worth twenty one percent of the course grade. A separate rubric has been prepared for determining this grade.
The quizzes consist of four multiple choice questions worth ten points each and one problem worth sixty points for a total of one hundred points for each quiz. All seven quiz grades are averaged and represent ten percent of the course grade.
The hour exams consist of multiple choice questions and three problems. All questions and problems have their assigned values posted on the exam, with each exam totaling one hundred points. The three hour exam grades are averaged and represent thirty nine percent of the course grade.
The final exam consists of multiple choice questions and five problems. The assigned values for each are posted on the exam. The final exam grade represents thirty percent of the course grade.
Students are requested to show all of their work in order to assist the instructor in determining partial credit on the quizzes, hour exams and final exam.
See Course Schedule for due dates for all assignments.
See Discussion Grading Rubric for grading the Discussions
Number of quizzes/exams
Points Possible in course
Percentage (%) of Final Grade
3 points each week, 1 point for answer each posted question
1.4 points each quiz
Weeks 2,4,& 6
13 points each exam
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 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.
Classroom Rules of Conduct:
Accounting in Business
Analyzing and Recording Transactions
Adjusting Accounts and Preparing Financial Statements
First Hour Exam
Completing the Accounting Cycle
Accounting for Merchandising Operations
Inventories and Cost of Sales
Accounting Information Systems
Second Hour Exam
Cash and Internal Controls
Accounting for Receivables
Plant Assets, Natural Resources, and Intangibles
Third Hour Exam
Current Liabilities and Payroll Accounting
All previous References
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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 95-96
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. from Park University 2011-2012 Undergraduate Catalog Page 95
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2011-2012 Undergraduate Catalog Page 98
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:8/6/2012 11:46:47 AM