AC 202 Principles of Accounting II
SP 2013 HO
11:30 - 2:00 TR & 10:00 - 12:00 Certain Fridays
January 14 - May 10, 2013
8:45 - 10:00 AM
Fundamental Accounting Principles (loose leaf with Connect access), 20th edition, by Wild, Shaw, and Chiappetta; McGraw-Hill Irwin Publisher. ISBN 9780077505998
Ability to access the internet to complete online homework and chapter quizzes outside of class.
BA II Plus calculator (by Texas Instruments) or TI-84 Plus calculator
Excel software is useful, but not required.
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/.
The instructor incorporates applied learning extensively in this course. To do well in this course, you should read (not skim) the textbook, think about what is discussed during class, and practice homework assignments after class. Many students find their usual study habits don’t help them here. That’s because you learn accounting by doing/practicing it – just like a trained athlete or musician.
Tips for the course:
1. Spend 6 to 9 hours per week outside of class studying for this course. If you are unable to build this into your weekly schedule, you should drop AC 202 and add another course that better fits your schedule.
2. Keep up! The course moves quickly and the concepts build on one another.
3. Study with others after you have initially studied the material by yourself.
Research shows that students that study in small groups perform at a higher level. (I can personally vouch for this after teaching accounting over 20 years!)
4. If the homework seems to be too hard, that means that you are in the process of learning, but you need more practice. End of chapter materials are intended to facilitate learning. You are free to make mistakes and learn from those mistakes.
Learning Outcomes: Core Learning Outcomes
The final exam for AC 202 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 for Corporations, Long Term Liabilities and Investments or International Operations. The second problem will cover Cash Flows, Financial Statement analysis or Managerial Concepts. The third problem will address Job Order Costing, Process Costing or Cost Allocation. The last two problems address issues of Cost-Volume-Profit Analysis, Master Budgets or Flexible Budgets and Standard Cost. Partial credit will be given for the problems.
Link to Class RubricClass Assessment: The class will be assessed according to performance on the following course activities:
Unit Exams (4) 450
Comprehensive Final Exam 200
Online Assignments 200
Analysis Project 150
Total Points Available 1,000
Grades will be assigned based on accumulated points within the following point distributions:
900 – 1,000 A
800 - 899 B
700 - 799 C
600 - 699 D
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.
Online assignments and in-class (non-exam) activities may not be made up.
As your instructor, I will determine on a case-by-case basis whether to allow make-ups for in-class exams. If you are unable to take an exam at the scheduled time, notify me as soon as possible. Alternate exam arrangements are rarely provided, and generally, only under the following circumstances:
a. You are involved in a college activity and have notified and made arrangements with me in advance to take the exam at an alternate time.
b. You are ill and under the care of a physician, have notified me in a timely manner, and provide evidence of care.
c. You have a death in your family, have properly notified me in a timely manner, and provide evidence of death (an obituary out of the local paper will suffice).
d. You have conflicting work related travel or military duty.
If a make-up is allowed, normally an exam should be made-up within 48 hours of the scheduled exam. In other words, exams should be completed before the following class period.
Classroom Rules of Conduct: Attendance will be taken at the beginning of the period. As this class will move very quickly, it is important for the students to arrive on time at the beginning of class. Arriving tardy will be counted as an absence.
Students are expected to acquire course materials no later than the first week of class. Failure to do so may result in removal from the course.
No extraneous talking will be tolerated.
Unless part of classroom dialogue, such as instructor polling, absolutely no texting during class.
How Course Works
A daily program of study will be laid out for you in the daily activity sheet.
A portion of class time will be set aside each day to address student questions.
Most homework will be submitted online with immediate feedback provided through Connect Accounting by McGraw-Hill Irwin. You may find it beneficial to complete homework on paper or using Excel and then transfer your solutions to Connect. You are limited to 2 attempts to complete each assignment, but only need to rework incorrect questions. In essence, you are free to make mistakes and learn from those mistakes. Submission of online homework is due no later than 7:00 a.m. on the day due. If unable to arrive at a correct solution before it is due, correct solutions can be obtained at 8:00 a.m. on the due date. Late submission of homework will NOT be accepted.
I am available to work with you outside of class whether in my office or a home phone conversation in the evening.
Online Practice Problems
Additional practice problems will be made available for students to work through whenever you want and as many times as you want. Although course points are not awarded for these problems, students may find it beneficial to complete these additional practice opportunities. Think of it like an athlete who practices his/her sport beyond the team meeting time.
Online Chapter Quizzes
Quizzes may be assigned at or near the completion of each chapter. Students may find it beneficial to use the available practice problems to prepare. Only 1 attempt within a limited time frame is allowed. Each student is expected to complete his/her quiz on their own (without other student assistance).
Unit exams will be administered during class every 2 to 4 chapters. Given these exams are administered with paper and pencil, students may find it beneficial to complete and/or practice their homework likewise rather than merely in electronic format (particularly those assignments with drop down menu formats).
Exams are your opportunity to demonstrate what you’ve learned. In addition to studying the theory portion of the course, practice your homework and lecture demonstrations to properly prepare for exams.
Time Value of Money & Ch.14
Ch. 14; Exam (Ch.13-14)
Ch.15 & 16
Exam (Ch.15-16); Ch. 17
Financial Statement Analysis Project
Exam (Ch.18-20); Ch.21
Ch. 21 & 22
Ch. 22; Exam (Ch. 21-22)
Ch. 24 & Review for Final
Comprehensive 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 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 95-96Students are encouraged to study together; however it is expected that each student submit his/her own work on all online assignments and in-class activities. Failure to do so is considered academic dishonesty.
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 987. Attendance will be taken at the beginning of each class period. Arriving tardy will be counted as an absence.
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: When violations of the syllabus occur or in the event of unusual circumstances, the instructor holds the right to determine course rules and points in those situations on a case-by-case basis.
Last Updated:12/18/2012 10:16:06 AM