NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
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Course Title:
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Principles of Finanacial Accounting
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Course Prefix & Number:
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ACCT 2301
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Section Number:
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331
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Semester/Year:
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Summer 2018
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Semester Credit Hours:
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3
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Lecture Hours:
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48
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Lab Hours:
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0
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Course Description (NCTC Catalog):
Fundamentals of financial accounting concepts and interpretation of accounting data; analysis of financial statements; income and cash flow analysis; nature of assets, liabilities and equities; understanding and use of the accounting process. Course will include computer applications.
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Course Prerequisite(s): Recommended prerequisite: MATH1314 and BCIS1305 or equivalent.
Recommended co-requisite: MATH 1324 – Mathematics for Business & Social Sciences
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Required Course Materials:
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Introductory Financial Accounting For Business, 1e by Edmonds/Olds with Connect Plus and SmartBook. McGraw Hill.
The NCTC bookstore offers the loose leaf textbook, access card, Smartbook and e-text for $150 plus tax. If you are renting the text, please make sure that the Connect access is included.
Pencil, paper, index cards and calculator (no programmable, graphing calculators or cell phone calculators allowed at testing centers).
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INSTRUCTOR INFORMATION
Name of Instructor:
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Dee Amaradasa
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Campus/Office Location:
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Corinth Campus, Room 313 - Fall and Spring Semesters
Online – Summer Semesters.
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Telephone Number:
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940-498-6414
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E-mail Address:
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damaradasa@nctc.edu
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OFFICE HOURS
Monday
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Tuesday
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Wednesday
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Thursday
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Friday
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8 PM to 10 PM
Online
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10 AM to 12 noon Online
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STUDENT LEARNING OUTCOMES (From Academic Course Guide Manual/Workforce Education Course Manual/NCTC Catalog
At the successful completion of this course the student will be able to:
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1.
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Use of basic accounting terminology and the assumption, principles, and constraints of the accounting environment.
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2.
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Identify the differences between accrual and cash basis accounting.
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3.
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Analyze and record business events in accordance with U.S. generally accepted accounting principles (GAAP).
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4.
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Prepare adjusting entries and close the general ledger
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5.
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Prepare financial statements in an appropriate U.S. GAAP format, including the following: income statement, balance sheet, statement of cash flows and statement of shareholders’ equity.
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6.
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Analyze and interpret financial statements using financial analysis techniques.
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7.
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Describe the conceptual differences between international Financial Reporting Standards and U.S. generally accepted accounting principles.
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GRADING CRITERIA
# of Graded Course Elements
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Graded Course Elements
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Percentage or Point Values
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Various
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Ready Assignments
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240 points - 20%
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11
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End of Chapter Homework
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240 points - 20%
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6
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Discussion Forums
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120 points – 10%
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Various
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Course Learning Outcomes Assessments
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120 points – 10%
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2
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2 Unit Exams
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300 points – 25%
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1
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Final Exam (Comprehensive)
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180 points - 15%
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Total Points Possible
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1200 points - 100%
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Letter grades for this course will be assigned in accordance with NCTC standard grading policy.
A
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90% - 100%
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D
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60% - 69%
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B
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80% - 89%
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F
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0 – 59%
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C
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70% - 79%
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COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
Week
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Tentative Assignments
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Tentative Due Dates
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1
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Introductions
Discussion 1 Original Post
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6/6/2018
6/9/2018
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2
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Ch 1 Ready Assignments
Ch 1 End of Chapter Homework Assignments
Reply to Discussion 1 Post
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6/13/2018
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3
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Ch 2 Ready Assignments
Ch 2 End of Chapter Homework Assignments
Ch 3 Ready Assignments
Ch 3 End of Chapter Homework Assignments
Discussion 2 Original Post
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6/20/2018
6/23/2018
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4
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Exam 1
Learning Outcome Assessments
Reply to Discussion 2 Post
Discussion 3 Original Post
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6/27/2018
6/30/2018
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5
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Ch 4 Ready Assignments
Ch 4 End of Chapter Homework Assignments
Ch 5 Ready Assignments
Ch 5 End of Chapter Homework Assignments
Reply to Discussion 3 Post
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7/5/2018
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6
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Ch 7 Ready Assignments
Ch 7 End of Chapter Homework Assignments
Ch 8 Ready Assignments
Ch 8 End of Chapter Homework Assignments
Discussion 4 Original Post
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7/11/2018
7/14/2018
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7
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Exam 2
Learning Outcome Assessments
Reply to Discussion 4 Post
Discussion 5 Original Post
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7/18/2018
7/21/2018
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8
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Ch 9 Ready Assignments
Ch 9 End of Chapter Homework Assignments
Ch 12 Ready Assignments
Ch 12 End of Chapter Homework Assignments
Reply to Discussion 5 Post
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7/25/2018
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9
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Ch 13 Ready Assignments Part 1
Ch 13 End of Chapter Homework Assignments Part 1
Learning Outcome Assessments
Discussion 6 Original Post
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8/1/2018
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10
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Ch 13 Ready Assignments Part 2
Ch 13 End of Chapter Homework Assignments Part 2
Learning Outcome Assessments
Reply to Discussion 6 Post
FINAL EXAM
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8/8/2018
8/9/2018
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Regular and punctual attendance is expected of all students in all classes for which they have registered. All absences are considered to be unauthorized unless the student is absent due to illness or emergencies as determined by the instructor. It is the student responsibility to provide documentation as to the emergency for approval and judgement by the faculty member. Approved college sponsored activities are the only absences for which a student should not be held liable and only when provided by a college official ahead of the absence. Valid reasons for absence, however, do not relieve the student of the responsibility for making up required work. Students will not be allowed to make up an examination missed due to absence unless they have reasons acceptable to the instructor. A student who is compelled to be absent when a test is given should petition the instructor, in advance if possible, for permission to postpone the exam. Student will be dropped from a class by the Registrar upon recommendation of the instructor who feels the student has been justifiably absent or tardy a sufficient number of times to preclude meeting the course’s objectives. Persistent, unjustified absences from classes or laboratories will be considered sufficient cause for College officials to drop a student from the rolls of the College. From Board Policy FC (LOCAL)
Attendance will be measured by the completion of Homework, Quizzes and Discussion forums by their due dates. History of Canvas access will also be used to determine attendance in your online course. Students who fail to log in regularly and participate in online course assignments will be reported to the college as non-attending students.
Non-attendance may impact your Financial Aid.
Last day to withdraw from a course with a “W” is _July 12th 2018______________.
DISABILITY SERVICES (Office for Students with Disabilities)
The Office for Students with Disabilities (OSD) provides support services for students with disabilities, students enrolled in technical areas of study, and students who are classified as special populations (i.e. single parents).
Support services for students with disabilities might include appropriate and reasonable accommodations, or they may be in the form of personal counseling, academic counseling, career counseling, etc. Furthermore, OSD Counselors work with students to encourage self-advocacy and promote empowerment. The Counselors also provides resource information, disability-related information, and adaptive technology for students who qualify.
If you feel you have needs for services that the institution provides, please reach out to either Wayne Smith (940) 498-6207 or Yvonne Sandman (940) 668-4321. Alternative students may stop by Room 170 in Corinth or Room 110 in Gainesville.
o Academic General Education Course (from ACGM but not in NCTC Core)
o Academic NCTC Core Curriculum Course
o WECM Course
Students are expected to follow all rules and regulations found in the student handbook and published online.
Scholastic dishonesty shall include, but is not limited to cheating, plagiarism, academic falsification, intellectual property dishonesty, academic dishonesty facilitation and collusion. Faculty members may document and bring charges against a student who is engaged in or is suspected to be engaged in academic dishonesty. See Student Handbook, “Student Rights & Responsibilities: Student Conduct ([FLB(LOCAL)]”.
Please refer to the student handbook on consequences for academic dishonesty.
QUESTIONS, CONCERNS, or COMPLAINTS
Name of Chair/Coordinator:
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Dr. Cherly Furdge
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Office Location:
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Corinth Campus, Suite 239 Office 234
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Telephone Number:
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940-498-6238
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E-mail Address:
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cfurdge@nctc.edu
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Name of Instructional Dean:
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Debbie Huffman
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Office Location:
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Gainesville
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Telephone Number:
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940-668-3357
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E-mail Address:
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dhuffman@nctc.edu
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