NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
COURSE AND INSTRUCTOR INFORMATION
Course title: Principles of Financial Accounting
Course prefix, number, and section number: Acct 2301-0311
Semester/Year of course: Fall 2025
Semester start and end dates: August 25 to December 13
Modality (Asynchronous online): Asynchronous online
Class meeting location, days, and times: Not Applicable
Lab meeting location, days, and times: None
Semester credit hours: 3
Course description: This course will look at the foundations of accounting and is for a mixture of majors in pursuit of understanding of how accounting affects daily business.
Course prerequisites: None
Required course materials: Financial Accounting
Name of instructor: Jeff Britain
Office location: Online
E-mail address: jbritain@nctc.edu
Office hours for students: Tuesday and Thursday 9 to 10:45, or by appointment
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:
Homework – 20%
Excel Exercises—15%
Chapter Quizzes—20%
Unit Exams—20%
Learning Outcomes – 5%
QEP—5%
Semester Project—10%
Program Outcomes—5%
Total 100%
Final grade scale: 90-100 is an A, 80-89 is a B, 70 to 79 is a C, 60-69 is a D and below 60 is a F
Late work policy: All homework should be turned in by the due date.
SEE CANVAS FOR THE COMPLETE COURSE CALENDAR, 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, falsification, intellectual property dishonesty, academic dishonesty facilitation and
collusion.
Consequences for academic dishonesty may include:
- The student will receive a failing grade of "O" on the assignment. If the assignment is within a group in which the lowest assignment is dropped, the assignment will not be able to count as a dropped score. It will count as part of the grade.
- A "Scholastic Dishonesty Report Form" will be submitted regarding the incident
- Students may be dropped from the course with a failing grade (letter grade of “F”)
Attendance Policy: This is an on-line class
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.
Last day to withdraw from the course with a “W” is November 3rd
Student Learning Outcomes:
The student will:
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.
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.
AI STATEMENT
Absent a clear statement from a course instructor, use of or consultation with generative Artificial Intelligence (AI) or other similar technologies shall be treated analogously to assistance from another person, agency, or entity. In particular, using generative AI tools to substantially complete an assignment or exam is not permitted. Students should acknowledge the use of generative AI (other than incidental use) and default to disclosing such assistance when in doubt.
When students use generative AI to replace the rigorous demands of personal engagement with their coursework, it runs counter to the educational mission of the college and undermines the heart of education itself. Artificial Intelligence, large language models, and other such technologies hold promise for deploying knowledge in service to others and accelerating the discovery of new knowledge. However, such technology poses new challenges to pedagogy and to integrity. Within the context of the teaching mission of the college and consistent with the Student Code of Conduct, the authority to define the appropriate use, study, and deployment of these technologies’ rests with the faculty.
Individual course instructors, in coordination with their divisions, set policies regulating the use of generative AI tools in their courses, including allowing or disallowing some or all uses of such tools. Course instructors will set such policies in their course syllabi and clearly communicate such policies to students. Students who are unsure of policies regarding generative AI tools are encouraged to ask their instructors for clarification.
STUDENT HANDBOOK
Students are expected to follow all rules and regulations found in the Student Handbook.
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: Teresa Laman
Office location: Corinth, #170
Telephone number: 940-498-6263
E-mail address: tlaman@nctc.edu
Name of Instructional Dean: Debbie Huffman
Office location: Gainesville CTC 2106
Telephone number: 940-668-3357
E-mail address: dhuffman@nctc.edu