CASE WESTERN RESERVE UNIVERSITY
WEATHERHEAD SCHOOL OF MANAGEMENT
DEPARTMENT OF ACCOUNTANCY
SYLLABUS
Spring, 2006
Acct. 101 (01)--MW--12:30---1:45 pm
Professor: Leon W. Blazey Jr., CPA, Senior Lecturer
Office: Dept. of Accountancy, PBL 4th floor
Phone: 216-451-4059
Hours: Anytime by appointment . Fax: 216-451-4081
email: or
COURSE OBJECTIVES;
· To develop a foundation of knowledge in accounting concepts, practices and terminology, the language of business.
· To develop an understanding of the preparation, analysis, and use of financial information and financial statements and other financial reports.
· Consider how people use financial information to make decisions.
· Think about how contemporary accounting issues affect people (including you) and organizations.
TEXT:
“Financial Accounting: Tools for Business Decision Making“, 3d Edition, by
Kimmel, Weygand, & Kieso
GRADING:
Midterm 350 points Chapters 1-6; open book; 3 hours; take home
Quizes (5) 50 “ No make ups under any circumstances. You cut, you lose.
Final 350 “ Chapters 7-13; open book; 3 hours; in class
Homework 100 “ Will not be graded, but you will receive answers, and you will not
Receive credit if not turned in on time, again, no excuses.
Participation 50 “ If you sleep in class, you get a 0; sleep at home not in class.
Team Project 100 “ Assignments made during fourth week of class
Total: 1,000 A=900+; B= 800-899; C=700-799; etc.
ADMINISTRATIVE MATTERS: If you have a disability and require accommodation under the Americans with Disabilities Act, please let me know as soon as possible.
The syllabus and class schedule are subject to change, with notice, by the instructor.
Attendance will not be taken; however, it’s advisable to attend all classes. This helps you learn effectively and efficiently, using all learning modalities. It also helps you to not get behind.
ACADEMIC HONESTY:
You are expected to be familiar with and adhere to the University’s academic honesty standards. If you are not familiar with these standards, it is your responsibility to learn them. Please check with me if you are unsure about any aspect of these standards or how they apply to particular assignments. For example, it is O.K. to work in collaboration with others on homework (In fact, I encourage finding reliable study partners.); but work on all quizzes and examinations must be individual efforts. Any suspected cases of academic dishonesty will automatically be referred to the Case disciplinary process.
HOMEWORK:
Homework assignments are critical to your understanding of financial accounting. As noted above, you earn points toward your final grade through prompt completion of these assignments. Homework is due one week from the day the assignment is made. If it is turned in at a later date no credit will be given, for any reason. You can always have a friend turn it in; drop it in my mailbox in the Accountancy Dept.; or email it to me on the date required.
EXAMINATIONS:
Exams will consist of true and false; multiple choice; and numerical exercises.
A student will be excused from an examination only in accordance with the rules established by the Dean of the Undergraduate School for undergraduates or with my prior approval for others. Only in exceptional circumstances will a make up exam be scheduled. For example, since examinations are noted on the attached schedule, travel arrangements made, which conflict with the schedule, are not an acceptable reason, for either being excused or attending a makeup exam.
ADDITIONAL COMMENTS:
Understand this syllabus. If you have any questions, please ask them sooner rather than later. Pay attention for changes. A snow storm; unexpected illness; or any myriad of events can cause schedule changes. It is your responsibility to be sure you keep up with any changes.
Use your own successful study methods. Prepare for each chapter before the week it is to be considered, except for week one when you’ll have to do double duty!
Complete homework ONLY when you have mastered the chapter.
This is not a bookkeeping class. You must understand the concepts and logic behind the principles. You will take the logic and concepts with you to a future business career, where a machine will do the “number crunching”.
Finally, DO NOT GET BEHIND. Consider the fact that you are learning a foreign language. Most of you will find that this course will take more than the recommended two hours of outside work for each hour in class. You will, to be successful, need to spend more than six hours per week. Please plan your study time accordingly.
FOSTERING COMMUNICATION:
In order to insure clear communication between us, I will schedule small group meetings so that we might facilitate the process.
CLASS SCHEDULE
Class Meeting Chapter to be discussed
1-18-06 Class introductions
1-23 Chapter 1
1-24 Chs. 1-2
1-30 Ch. 2
2-1 Ch. 3
2-6 Ch. 3
2-8 Ch. 4
2-13 Ch. 4
2-15 Ch.5
2-20 Ch. 5
2-22 Ch. 6
2-27 Ch. 6
3-1 Review 1-6
3-6 Jeopardy 1-6---Mid-Term Distributed; open book; take home; 3 hours
3-8 Mid-terms due to Prof. Blazey by 6:00pm (No Class)
3-11-3-19 Spring Break
3-20 Ch. 7
3-22 Ch. 7
3-27 Ch. 8
3-29 Ch. 8
4-3 Ch. 9
4-5 Ch. 9-10
4-10 Ch. 10-11
4-12 Ch. 11
4-17 Ch 12
4-19 Ch. 12
4-24 Ch. 13 project
4-26 Review; class ratings
5-1 Jeopardy; Project reports
5-4 Finals begin, as scheduled by the registrar (3hours; open book; in class)