CCBC: CATONSVILLE
School of Business, Criminal Justice and Law
Business Studies Department
Course Syllabus
ACCT 102_CEA___ Principles of Accounting II CRN______
I. COURSE DESCRIPTION:
Principles of Accounting II introduces accounting for partnerships and corporations through the use of specific accounting problems. Practice is also developed in the use of current accounting systems procedures and in the preparation of financial statements. ACCT 102 is also an introduction to managerial accounting and cost accounting. Prerequisite: ACCT 101
A. INSTRUCTOR: _ASSOC PROF JAMES BRYANT______
B. OFFICE:BESS 309___TELEPHONE:443 840 4204______
E-MAIL:______
C. Office Hours:__MWF 9-11am; T TH 8:30-9:30 am
T TH 11-12_; M 6-7pm______
D. CCBC Catonsville Business Department contact: 443-840-4545 FAX 443-840-5321
E. Classes meet __MWF 11:15-12:10___Room _BESS 318______
F. This is a three credit course. You are expected to complete at least six hours of work per week outside of the class including reading, class preparation, homework, studying, etc.
G. TEXT: Fundamental Accounting Principles, 21ST edition
Wild , Shaw and Chiappetta, published by McGraw-Hill-Irwin with Connect and Learn Smart
H. Blackboard supplemental site
II. A.Course Goals: Upon successful completion of this course, students will be able to:
1. Explain the various methods of accounting for partnership transactions;
2. Explain the methods of accounting for various stock transactions including the issuance of stock, treasury stock and other corporate equity events;
3. Compute earnings per share and book value per share.
4. Explain and record bond transactions;
5. Explain the relevance and prepare cash flow statements;
6. Explain the similarities and differences between financial and managerial accounting;
7. Prepare journal entries for typical job cost and process cost transactions;
8. Explain the components of the master budget;
9. Explain and execute cost-volume-profit analysis; and,
10. Explain and prepare capital expenditure analysis and calculations.
D. Topics include Partnership/LLC’s, Corporate equity issuance, long term liabilities, cash flow statement, financial analysis, managerial accounting, job cost and process cost, break-even analysis, flexible budgeting and standard costs and capital budgeting.
E. Course Rationale: In today’s world, it is critical that students have a broad understanding of business entities and interpretation of financial data.
F. D. Instructional Methods: The methods used to accomplish these objectives will include lectures, class discussions, review of homework exercises and problems. The use of the “Connect” software an integral part of the class.
E. McGraw Hill ”Connect” software is required for the course. “Connect” is used to teach and assess student performance. The Student should read the required material and complete the “learn smart” assignment, then after the lecture student is to complete the “homework and then the “test” per the schedule.
III. A Requirements for the course are:
Complete “Connect” Learn Smart – Homework and Tests as detailed in IV E Course Outline
1 Individual Written essay to be given in class
Comprehensive Final Exam
B. Evaluation: GRADES:
Through a variety of learning experiences including lecture, class discussions, and audio-visual materials, students will learn and apply financial and managerial accounting concepts and procedures. Sixty (60) percent of the course grade will be earned by tests, twenty(20) percent earned by a cumulative final exam and ten percent (10) by graded homework and other assessment instruments as determined by each instructor.
A written assignment, ten (10%) will be required, more info later.
Letter grades will be awarded for the following numerical averages:
90-100 A
80-89 B
70-79 C
60-69 D
Below 60 F
C. ATTENDANCE POLICY:
Regular attendance and participation in class are requirements for this course. The instructor will enforce the CCBC college-wide attendance policy. As a courtesy to the instructor and fellow students, students should plan to arrive prior to the scheduled start time of class so as not to disrupt the class.
G. AUDIT POLICY: According to the SPRING, 2014 Academic Calendar, the last day to withdraw with a “W” is April 7, 2014 .The last day to change to audit status is February 14, 2014. If you change to audit you are expected to contact the instructor to determine the requirements. Otherwise the grade will change to a “W”. To audit a class you must attend class throughout the semester.
IV. Course Procedures
A. MAKE-UP POLICY:
Make-up exams will not be given unless the instructor is notified prior to the exam date that the student will be absent. Implementation of the make-up policy is based on each instructor’s requirements.
CLASSROOM MANAGEMENT/STUDENT BEHAVIOR:
The goal of classroom activities is to provide the greatest educational benefit to all students. Class participants should expect and provide mutual respect and consideration in words and actions. Student behavior in class should not interfere with the rights of others or with the educational process. An instructor has the right to dismiss a student from class for behavior he/she judges to be disruptive to the teaching and learning process. Refer to the College Catalog section entitled ‘Academic Information and Learning Support – Code of Conduct’ for more information.
ACADEMIC
INTEGRITY: Cheating and plagiarism will not be tolerated. A student found to have engaged in either will receive a failing grade for the course.
STUDENTS REQUIRING
SPECIAL SERVICES: If you are a student in need of special services, please inform me at the beginning of the semester to ensure that suitable arrangements are made.
B. For College-wide syllabus policies, such as the Code of Conduct, Classroom Behavior, Academic Integrity and Audit/Withdrawal, go to “syllabus tab: on MYCCBC page on www.ccbcmd.edu.
C. STUDENT
CONCERNS: CCBC is dedicated to helping students make the most of their academic experience; therefore, we seek to maintain a positive environment for you to attain your academic goals. If you encounter problems or have concerns about an experience you have encountered, there are established procedures that you may use to bring your concerns to the attention of the proper authorities within CCBC. Students should first attempt to take concerns to the faculty member. If students are unable to resolve course-related concerns with the instructor they should contact Assoc. Prof James Bryant (),program coordinator, Professor Jane Mattes, department chair at (443) 840–4735 or her administrative assistant Paige Sweeney at (443) 840–4545 or Dr. Dennis Seymour, Dean of the School of BCJL at (443) 840–3736.
Please see the below for additional information:
http://ccbcmd.edu/catalog12/senatepolicies/Student_Concerns_Policy.html
Weather Closing Policy: In case of a delayed opening, College policy is that students should attend classes in progress at the opening time
D. Course Contact Information
CCBC Technology Help Desk
McGraw Hill “Connect” Help Desk 800.331.5094
E. Projects and written assignments: Every written assignment submitted for credit must be typed, and meet the guidelines set forth in the assignment. Papers which fail to meet any of the requirements will be returned without a grade. Late, incomplete assignments will receive a grade of “0” (no credit) .
E: Course outline
Chapter / Topic12 / Accounting for Partnerships
13 / Accounting for Corporations
EXAM I
14 / Long-Term Liabilities
16 / Reporting the Statement of Cash Flows
17 / Analysis of Financial Statements
EXAM II
18 / Managerial Accounting Concepts and Principles
19 / Job Order Cost Accounting
20 / Process Cost Accounting
EXAM III
22 / Cost-Volume-Profit Analysis
24 / Flexible Budgets and Standard Costs
25 / Capital Budgeting and Managerial Decisions
FINAL
All assignments above are submitted through the CONNECT product.
Access CONNECT through your BLACKBOARD class portal.