Course Outline
Introduction to Financial Accounting
BAF3M University/College Preparation Grade: 11
Description:
This course introduces students to the fundamental principles and procedures of accounting, with emphasis on accounting procedures used in service and merchandising businesses. Students will develop an understanding of the connections between financial analysis, control, and decision making in the management of a business, as well as the effects of technology and globalization on accounting procedures and the role of the accountant.
Prerequisite: none
Topics:
1. Accounting Fundamentals
2. Accounting Cycle--Service Industry
3. Accounting Cycle--Merchandising
4. Financial Analysis
5. Careers
Evaluation and Assessment strategies:
Tests, quizzes, assignments, summative, observations, self evaluations, peer evaluations,
final exam
Text: Accoutning 1, 6th edition, Syme Workbook : $20.00
Text Cost: $80.00
Evaluation:
Term:
Knowledge / Understanding: 20
Thinking / Inquiry 15
Communication: 15
Application: 20 70%
Summative:
Summative Task: 15
Exam: 15____30%
Nature of Course:
Mastery of previously learned concepts is necessary for future understanding in accounting. Because of the “building block” nature of this course, it is essential that students attend regularly, homework is completed, and extra help is sought when necessary. Do not fall behind! It will catch up with you. Parents and students can access homework, assignments, due dates and test dates through Mrs. Banks’ link on the Cairine Wilson website. . Students who are legitimately away on the day of a test will have 2 days to complete the test including the day s/he returns to school with a valid note from a parent/guardian or practitioner. Tests will be written either at lunch or after school – not during class. Be prepared. Accounting paper will be required. Students may purchase a workbook for $20.00 or may purchase 2 and 3-column paper at any business supplies store.
Cairine Wilson Secondary School - Assessment and Evaluation Policy
What We Believe/Philosophy
All students have the capacity to be successful and are expected to strive for excellence. Our professional practices will provide every reasonable opportunity to evaluate student learning in a way that is fair and addresses the needs of the individual learner. At the beginning of each course the course outline and the Assessment and Evaluation policy will be reviewed.
Integrity – Professional Judgement
When reporting achievement, teachers will use their professional judgment to consider the more recent and the most consistent level of performance. The final mark will be based upon the total body of evidence gathered during the learning process. Students need to demonstrate competency in all of the course expectation. Credit for a course may be withheld until all of the expectations have been met.
Respect for Students – Evidence of Learning – Learning Skills
The Ontario Provincial report card evaluates two aspects of student learning. The first is the student’s level of knowledge which is based upon demonstrating proficiency in the competencies required by the curriculum of the course. The second aspect evaluates student learning skills. These skills are highly predictive for future success in the world of work, at college, and at university. There are six areas which are evaluated: Responsibility; Organization; Independent Work; Collaboration; Initiative; and Self-Regulation. At Cairine Wilson all subject awards are based upon both the academic and the learning skills performance.
Insufficient Evidence / ResponseLate, Missed or Skipped Tasks / · The student will be consulted regarding the reason
· The parent/guardian will be contacted
· If the task is not submitted according to the due date, deductions up to and including a mark of “o” may be awarded in consultation with the Department Head, Administration or Guidance.
· The teacher will judge if the task needs to be completed or redone and negotiate a new due date.
· A second due date may not be negotiated at the discretion of the teacher.
Academic Integrity / · Fraudulent work is of no value and provides zero evidence of learning
· Intentional academic fraud is a disciplinary issue and will incur consequences which may include suspension.
· Fraudulent material will be documented and archived. (A record will be kept)
· The parent/guardian will be contacted.
· Students who commit intentional academic fraud will forfeit the possibility of winning subject awards.
· All students from grade 9 to grade 12 will be required to attend academic fraud workshops at the beginning of each school year.