Division:Business and Engineering Technologyrevised: Spring 2016
Syllabus
Division:Business and Engineering TechnologyRevised: Spring 2016
Curricula in Which Course is Taught:Accounting, Business Management Accounting, Business Management, Information Systems Technology, Office Information Processing
Information Systems Technology, Office Information Processing
Course Number and Title: ACC 111 – Accounting I
Credit Hours: 3 Contact Hours:Hours/Wk Lec: 3 Hours/Wk Lab: 0 Lec/Lab Comb: 3
I.CATALOG DESCRIPTION: Presents fundamental accounting concepts and principles governing the accounting cycle, journals, ledgers, working papers, and preparation of financial statements for the sole proprietorships.Covers services andmerchandising businesses.
II.RELATIONSHIPOF THE COURSE TO CURRICULA OBJECTIVES IN WHICHIT IS TAUGHT:Perform financial accounting functions from financial transactions to the completion of the accounting cycle using proper format and procedures based on GAAP.
III.REQUIRED BACKGROUND:Successful completion of MTE 1, MTE 2, and ENF 1
IV.COURSE CONTENT:
- Accounting Principles
- AccrualsDeferrals
- AccountingCycle
- Cash
- RecordingTransactions
- Receivables
- FinancialStatements
- Payroll
- Double-entryAccounting
- CurrentLiabilities
- SpecialJournals
V.General Education Objectives – The following general education objectives are addressed in this course:
X Communication
X Critical Thinking
Cultural and Social Understanding
X Information Literacy
Personal Development
X Quantitative Reasoning
Scientific Reasoning
VI.LEARNER OUTCOMES: VII. EVALUATION
Describe the basic financial accounting In-class test
Conceptsand principles.
Illustrateaccounting systems for service In-class test
andmerchandising enterprises.
Describethe nature of an account and the In-classtest
generalrules of debit and credit and
normalbalances.
Identify and illustrate the application In-classtest
of thebasic concepts of recording,
classifying, summarizing, and reporting
businessoperations.
Describeand illustrate the duality by which In-classtest
Transactionsare recorded.
Describeand illustrate the flow of accountingIn-classtest
datathrough an accounting system.
Describeand illustrate the preparation of In-classtest
financialstatements.
Describeand illustrate accounting devices In-classtest
Andtechniques such as special journals
andsubsidiary ledgers.
Describe and illustrate accounting for In-classtest
cash, receivables, payable, interest, bad
debts, deferrals and accruals.
Describe and illustrate procedures necessary In-classtest
to maintainaccounting records using a
computerizedaccounting system.
To become proficient in locating and In-classtest
Correctingerrors which have been made
Inprocessing accounting data using the
Computer
Describethe attributes of a properly In-classtest
designedaccounting system of internal
control fordirecting operations.
Describe and illustrate the accounting In-classtest
for themajor components of payroll
Systemssuch as employee earnings,
Deductionsfrom earnings, and employee
net pay.
Revised: March 23, 2016
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