NORTH CENTRAL TEXAS COLLEGE

COURSE SYLLABUS

 

COURSE AND INSTRUCTOR INFORMATION

 

Course title: Principles of Financial Accounting

Course prefix, number, and section number: ACCT 2301, Sections 341 & 380

Semester/Year of course: Spring 2022

Semester start and end dates: 1/18/22 - 5/14/22

Modality (Face to face/Synchronous or Asynchronous online/Hybrid): Asynchronous

Class meeting location, days, and times: NA

Lab meeting location, days, and times: NA

Semester credit hours: 3

 

Course description: 

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. 

 

Course prerequisites: 

Recommended prerequisite: MATH1314 and BCIS1305 or equivalent. 

Recommended corequisite: MATH 1324 – Mathematics for Business & Social Sciences

 

Required course materials:

E-book Introductory Financial Accounting For Business, 2e by Edmonds/Olds with Connect Plus and SmartBook.  McGraw Hill. The lowest price option for you is to buy the etext and access card from the NCTC bookstore.  The NCTC bookstore also offers the loose leaf textbook, access card, Smartbook and e-text. 

Access Code The access code for McGraw-Hill will be necessary for completing the homework assignments.  Please check with the bookstore if you do not have an access code. If you are renting the text, please make sure that the Connect access is included.   

Computer and Internet You are responsible for making sure your computer is up to date, working, and has internet access.  Please download the free version of Excel. Check with IT Services if you have questions regarding technology.  If at some point you find yourself without a working computer, check with campus to see if a computer lab is open so you can complete your assignments. If not, you may try the public library. Due dates cannot be extended due to computer, internet or technical issues you may have.

 

ITS email: itssupport@nctc.edu

Technology Help Desk:  (940) 668-4284 or (940) 498-6288 x 6288

McGraw Hill email:  http://mpss.mhhe.com/contact.php  

McGraw Hill Help Desk: (800) 331-5094 

 

Name of instructor: Hollie Henry

Office location: Off Campus

Telephone number: 972-947-9443 x 22116

E-mail address: hhenry@nctc.edu

Office hours for students: Monday, Tuesday and Thursday 3:00 - 4:00 PM

 

SYLLABUS CHANGE DISCLAIMER

 

The faculty member reserves the right to make changes to this published syllabus if it is in the best interest of the educational development of this class. Any such changes will be announced as soon as possible in person and/or writing.

 

SUMMARY OF COURSE ASSIGNMENTS

 

List of graded assignments:

• 10 Homework Assignments, 20 points each

• 11 Learn Smart Activities, 20 points each

• 9 Course Learning Objectives Assessments, 20 points each

• 7 Discussion Forums, 10 points each

• 7 Discussion Forum Replies, 10 points each

• 4 Unit Exams, 100 points each

• 1  Aspire to be Hired Pre Survey, 20 points

• 1  Aspire to be Hired End of Course Assignment, 20 points

• 1 Final Exam (comprehensive/mandatory), 100 points

 

Final grade scale: 

• A - 90%+ Average on all assignments 

• B - 80%+ Average on all assignments 

• C - 70%+ Average on all assignments 

• D - 60%+ Average on all assignments

• F - 59.99%- Average on all assignments  

 

Late work policy:

• There is a 35% penalty for late homework assignments, tests, and Learn Smart activities up to 1 week late.  

• After 1 week, I will no longer accept late assignments.

• No late discussions will be accepted. These count as your attendance as well.

• The Course Learning Objectives assessments are due at the end of the semester, so late LOs will not be accepted.

 

SEE CANVAS FOR THE COMPLETE COURSE INFORMATION, OUTLINE, DETAILED DESCRIPTION OF GRADED WORK, AND OTHER RELATED MATERIAL.

 

COURSE POLICIES

 

Academic Integrity Policy:

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)]”.  

Consequences for academic dishonesty may include:

1. First offense you will receive a warning and a zero on the assignment without the opportunity to make it up.

2. Second offense you will be dropped from the course.

Attendance Policy:

Discussion Posts/Replies will count as your attendance.  If a student misses a discussion post or reply, this will be counted as an absence. Missed discussion forums cannot be made up.  Absences may adversely affect your financial aid. 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’s 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. Students 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). 

 

Withdrawal Policy:

A student may withdraw from a course on or after the official date of record. It is the student’s responsibility to initiate and complete a Withdrawal Request Form. See the following website for more information: http://www.nctc.edu/current-students/drop-withdraw-class.html 

 

Last day to withdraw from the course with a “W” is: April 4, 2022

 

Student Learning Outcomes:

1. Use basic accounting terminology and the assumptions, principles, and constraints of  the accounting environment.

2. Identify the difference between accrual and cash basis accounting. 

3. Analyze and record business events in accordance with U.S. generally accepted  accounting principles (GAAP). 

4. Prepare adjusting entries and close the general ledger. 

5. 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. 

6. Analyze and interpret financial statements using financial analysis techniques.

7. Describe the conceptual differences between International Financial Reporting  Standards and U.S. Generally Accepted Accounting Principles. 

Core Objectives: Critical Thinking

COLLEGE POLICIES

Student Handbook:

Students are expected to follow all rules and regulations found in the Student Handbook.

 

ADA Statement:

NCTC will adhere to all applicable federal, state and local laws, regulations and guidelines with respect to providing reasonable accommodations to afford equal educational opportunity. It is the student’s responsibility to contact the Office for Students with Disabilities to arrange appropriate accommodations.  See the OSD Syllabus Addendum. 

Student Services:

NCTC provides a multitude of services and resources to support students.  See the Student Services Syllabus Addendum for a listing of those departments and links to their sites.

QUESTIONS, CONCERNS, or COMPLAINTS

 

The student should contact the instructor to deal with any questions, concerns, or complaints specific to the class.  If the student and faculty are not able to resolve the issue, the student may contact the chair or coordinator of the division.  If the student remains unsatisfied, the student may proceed to contact the instructional dean.

 

Name of Chair/Coordinator: Dr. Cherly Gary-Furdge

Office location: 1500 N. Corinth Street, Corinth, TX. 76208

Telephone number: 940-498-6238

E-mail address: cfurdge@nctc.edu

 

Name of Instructional Dean: Debbie Huffman

Office location: 1525 W. California Street, Gainesville, TX. 76240

Telephone number: 940-668-3357

E-mail address: dhuffman@nctc.edu