Syllabus, Accounting I1

Business & Industry Endorsement

Liberty Hill High School

COURSE SYLLABUS

SUBJECT:Accounting I

TEACHER:Mrs. Robin Magruder

PHONE:512-260-5500, ext. 7145

E-MAIL:

TUTORIALS:7:30 - 8:00 a.m.

DESCRIPTION:

In Accounting I, students will investigate the field of accounting, including how it is impacted by industry standards as well as economic, financial, technological, international, social, legal, and ethical factors. Students will reflect on this knowledge as they engage in the process of recording, classifying, summarizing, analyzing, and communicating accounting information. Students will formulate and interpret financial information for use in management decision making.

COURSE SCOPE AND SEQUENCE

After successful completion of this course, students are expected to have an understanding of the following: (TEKS - 130.166- A, B & C)

By the end of this course, students should be able to:

1. Communicate an understanding of the accounting industry.

2. Use career planning concepts, tools, and strategies to explore accounting careers.

3. Use equations, graphical representations, accounting tools, strategies, and systems in real-world situations to maintain, monitor, control, and plan the use of financial resources.

4.Maintains cash controls.

5. Perform accounting functions specific for a merchandising business.

6. Perform accounts payable functions.

7. Perform accounts receivable functions.

8. Maintain inventory records to track the location, quantity, and value of current assets.

9. Complete payroll procedures to calculate, record, and distribute payroll earnings.

10. Perform specialized accounting procedures to track cash flow.

11. Perform specialized accounting functions to a corporation.

12. Describe and abide by laws and regulations in order to manage business operations and transactions in accounting.

13. Access, process, maintain, evaluate, and disseminate financial information to assist business decision making.

First Six WeeksChapter 1: Starting a Proprietorship: Changes That Affect the Accounting Equation

Chapter 2: Analyzing Transactions into Debit and Credit Parts

Chapter 3: Journalizing Transactions

Chapter 4: Posting to a General Ledger

Second Six WeeksChapter 5: Cash Control Systems

Chapter 6: Work Sheet and Adjusting Entries for a Service

Business

Chapter 7: Financial Statements for a Proprietorship

Chapter 8: Recording Closing Entries and Preparing a Post-

Closing Trial Balance for a Service Business

Third Six WeeksChapter 9: Accounting for Purchases and Cash Payments

Chapter 10: Accounting for Sales and Cash Receipts

Chapter 11: Accounting for Transactions Using a General Journal

Chapter 12: Preparing Payroll Records

Fourth Six WeeksChapter 13: Accounting for Payroll and Payroll Taxes

Chapter 14: Accounting for Uncollectible Accounts Receivable

Chapter 15: Preparing Adjusting Entries and a Trail Balance

Chapter 16: Financial Statements and Closing Entries for a Corporation

Fifth Six WeeksChapter 17: Financial Statement Analysis

Chapter 18: Acquiring Capital for Growth and Development

Chapter 19: Accounting for Plant Assets, Depreciation, and

Intangible Assets

Chapter 20: Accounting for Inventory

Sixth Six WeeksChapter 21: Insurance

Chapter 22: Money and Relationships

Chapter 23: Accounting for Parternships

Chapter 24: Recording International and Internet Sales

Course Grades: Evaluation of Student Performance

Evaluation of student performance in this course is based on the following areas. Percentages indicate how much each area counts for each six weeks.

Tests50%

Daily Work40%

Homework10%

Course Materials:

3-RING NOTEBOOK

5 DIVIDERS WITH TABS

NOTEBOOK PAPER

BLUE OR BLACK PEN

HIGHLIGHTER (OPTIONAL)

The notebook will be useful as a reference manual and a portfolio of documents (models). Notebooks are periodically graded for organization and content. There are tests over materials found in the notebook throughout the course. At times, students are permitted to use the notebook for assistance when tested. Notebooksare invaluable in daily activities.

Make-Up Work:

The responsibility for make-up work lies with the student. The use of tutorial time is an excellent opportunity for making up work. Students shall be granted one day for each day of absence to make up work that was missed. A student who does not make up assigned work within the time allotted by the teacher may receive a grade of zero for the assignment.

Retest/Redo:

Any student who makes less than a 70 on a major assignment (test or project) has the opportunity to retest or redo the assignment. Retest/Redo must be completed within 1 week of the original date. Student must attend a tutorial session with the teacher before a retest is taken. The retest/redo will be graded for full credit and averaged with the original grade. The maximum grade recorded will be limited to a 70. The new test or assignment may be different from the original. Retests can be scheduled before or after school by the teacher/department. Failure to complete a major grade assignment (i.e. Research Paper) is not subject to a Redo. The due date for a major grade assignment will stand and late grade penalties will be applied. Only the final product may be redone on a major grade assignment. Final Exams are not subject to a Retest.

Tardies:

Most tardies are avoidable. A student is considered tardy to class if he or she is not in his or her assigned seat at the designated time. A student who arrives late to school should present a written statement from a parent or guardian to the attendance clerk. Students will receive warnings for their 1st and 2nd tardies. Parents will receive a call when students have received their 3rd tardy and informed their child will receive a detention for a 4th tardy. A morning detention with the teacher will be given on the 4th tardy and a referral to the office will be given on the 5th tardy.

Dress Code:

Students are expected to adhere to the campus dress and grooming standards. Failure to comply with these standards will result in a referral to the office.

Created 08/21/2016