HOUSTON COMMUNITY COLLEGE
SYLLABUS – ACCT 2301
Principles of Accounting I (Financial Accounting)
Summer 2011 2nd 5 week M,T,W,Th 7:30AM to 10 AM
CRN #80098
Alief Center
Workforce Dean:
Department Chair:
Dr. Arnold Goldberg
Dr. Marina Grau
Prerequisite:
ACNT 1303 (Introduction to Accounting I), or departmental waiver.
Course Description:
This course covers the fundamentals of financial accounting, including double-entry
accounting and the accounting cycle. Other topics include cash, receivables, inventories,
plant assets, liabilities, partnerships, corporations, statement of cash flows and
interpretation of financial statements.
Course Goals:
The primary purpose of this course is to provide students with a comprehensive course in
financial accounting. The course is designed to meet the needs of those students who are
preparing for a career in accounting and for those from other academic disciplines who
recognize that the ability to use and interpret financial information is essential in today’s
business world.
Instructor Information:
Instructor:
Meeting days,
Time & CRN
Office Hours:
Phone #:
Email:
Mallikarjun.B.Shintri
M,T,W,Th 7:30 AM-10 AM
ACCT 2301 CRN# 80098 Summer 2011 Stafford Center
Second Five Weeks session
By Appointment.
713-718-7912
mallikarjun.Shintri@hccs.edu
Textbook and Related Material (Required):
Text: Financial Accounting, 11th edition (Chapters 1-17), by Warren, Reeve,
Duchac. Mason, Ohio; Thomson Southwestern, 2009.
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Evaluation and Requirements:
Students are expected to read all assigned chapters, complete and submit all assignments
on due dates, and attend all classes. The nature of the course is such that perfect
attendance is essential for mastery of the course content. A missed class can never be
duplicated.
Accounting is best learned through doing. Therefore, there are always homework
assignments to do. This will require a considerable commitment of time and effort from
you. Typically, the successful student in college can count on 3 hours of independent
study for every hour in the classroom.
Your final grade for this course will be based on how well you do in meeting the
evaluation requirements listed on your assignment schedule and applying the grading
scale which is listed below.
Students with Disabilities:
Any student with a documented disability (e.g. physical, learning, psychiatric, vision,
hearing, etc.) who needs to arrange reasonable accommodations must contact the
Disabilities Services Office at the respective college at the beginning of each semester.
Faculty is authorized to provide only the accommodations requested by the Disability
Support Services Office.
Academic Honesty:
Students are responsible for conducting themselves with honor and integrity in fulfilling
course requirements. Penalties and/or disciplinary proceedings may be initiated against a
student accused of scholastic dishonesty. “Scholarly dishonesty” includes, but is not
limited to, cheating on a test, plagiarism, and collusion.
Class Attendance:
Students are expected to attend class regularly. Students are responsible for materials
covered during their absences, and it is the student’s responsibility to consult with the
instructor for any make-up assignments. Although it is the responsibility of the student
for non-attendance, the instructor has full authority to drop a student for excessive
absences. A student may be dropped from any course for excessive absences after the
student has accumulated absences of 12.5% of the hours of instruction. For example, in a
3 credit hour lecture class meeting 3 hours per week, a student may be dropped after 6
hours of absence.
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Drops and Withdrawals:
It is the responsibility of each student to officially drop or withdraw from a course.
Failure to officially withdraw may result in the student receiving a grade of F in the
course. Procedures for withdrawing from a class are found in the Student Handbook.
Instructor cannot drop a student from the class after the drop date.
International Students: Receiving a W in a course may affect the status of your student
visa. Once a W is given for the course, it will not be changed to an F because of visa
considerations.
New Policy: Students who repeat a course three or more times will face significant
tuition/fee increases at HCC and other Texas public colleges and universities. Please
seek tutoring or other assistance prior to considering course withdrawal.
Evaluation Requirements:
3 Sectional Exams
Practice Set
120 points 71%
20 points 12%
Home work(excel & internet)
Total
30 points 17%
170 points 100%
Grading Scale:
90 - 100%
80 - 89%
70 - 79%
60 - 69%
BELOW 60%
=
=
=
=
=
A
B
C
D
F
(153 to 170 points)
(136 to 152 points)
(119 to 135 points)
(102 to 118 points)
( 0 to 101 points)
Examinations:
There will be a total of three sectional examinations (there will be no make-up
examination).IF A STUDENT MISSES ONE OF THE SECTIONAL
EXAMINATIONS,HE/SHE WILL HAVE TO TAKE A COMPREHENSIVE
EXAMINATION AT THE END OF SEMESTER AS A MAKE UP EXAMINATION.
Incompletes:
The grade of “I” (incomplete) is conditional and at the discretion of each instructor. If
you receive an “I,” you must arrange with your instructor to complete the course work by
the end of the following term (excluding Summer). After the deadline, the “I” becomes
an “F.”
HCCS Website:
Our website is: www.hccs.edu
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Instructor Website:
From the HCCS home page, choose Southwest College, choose “The Learning Web”,
choose Faculty, type in your instructor”s name. Your instructor will have a copy of the
syllabus and other pertinent information for you. You have to print each chapter handouts
and bring to the class and instructor will use them to explain the chapter and encourage
students to participate in class discussions.
Tutoring/Lab Hours:
Will be announced in the class after the department finalizes the schedule .
Assignment Schedule:
An assignment schedule is attached to this syllabus. This schedule will be followed
throughout this course. Any modifications to this schedule will be announced in class.
Homework assignments-exercises and problems will be on line on homework site.
SCANS – Secretary’s Commission for Achieving Necessary Skills:
Detailed SCANS information on this course is available from your instructor. For additional
information about SCANS, go to: wdr.doleta.gov/SCANS/teaching.
Evaluation and Grading: Example
Sectional Tests
Actual Score
Possible Points
1stTest 2ndTest 3rdTest Total
32 pts 28 pts
33 pts 93 pts
40 pts 40 pts
40 pts 120 pts
H/Work
Actual Score
Possible Points
Practice Set
28 pts
30 pts
17 pts
20 pts
Grade Calculation:
Sectional Tests
Home Work (Excel & Internet)
Practice Set
Total
93/120 X 71%
28/30 X 17%
17/20 X 12%
55
16
10
81 = B
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Assignment Schedule
ACCT 2301 – Principles of Accounting I M,T,W,TH Alief 7:30 to 10AM Summer
2011 CRN#80098
Date
July 11
July 12
Chapter Topic
Introduction to the course
Introduction to Accounting and Business
1
2
Analyzing Transactions
July 13
July 14
3
4
The Adjusting Process
Completing the Accounting Cycle
July 18
5
July 20
6
Accounting Systems &
Review for 1st test
Exam # 1 – Chapters 1 – 5(80 minutes) &
Review 1st Test
Accounting for Merchandising Businesses
July 21
7
Inventories
July 25
8
Sarbanes-Oxley, Internal Control, & Cash
July 25
9
Receivables
July 26
July 27
10
11
Fixed Assets & Intangible Assets
C/Liabilities & pay roll Review for 2nd Test
11
Exam #2 – Chapters 6 – 11 (80 minutes) &
Review 2nd Test
Current Liabilities & payroll
Accounting for Partnerships & Limited
Liability Companies
July 19
July 28
Aug 1
Aug 1
12
Aug 2
13
Corporations: Organization, Stock
Transactions, & Dividends
Aug 3
14
Long-Term Liabilities: Bonds & Notes
Aug 4
16
Assignments-SEE ON H/WORK SITE
Statement of Cash Flows.
Review for 3rd test
Aug 8
Exam #3 – Chapters 11 – 14 & 16 (80
minutes)
Review 3rd Test
Aug 9
Review 3rd test. Instruction ends
Aug 10 & 11 Make up tests if any.
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SCANS – Secretary’s Commission for Achieving Necessary Skills
The Secretary’s Commission on Achieving Necessary Skills (SCANS) from the U.S. Department
of Labor was asked to examine the demands of the workplace and whether our students are
capable of meeting those demands. Specifically, the Commission was directed to advise the
Secretary on the level of skills required to enter employment. In carrying out this charge, the
Commission was asked to do the following:




Define the skills needed for employment
Propose acceptable levels of proficiency
Suggest effective ways to assess proficiency, and
Develop a dissemination strategy for the nation’s schools, businesses, and homes
SCANS research verifies that what we call workplace know-how defines effective job
performance today. This know-how has two elements: competencies and a foundation. This
report identifies five competencies and a three-part foundation of skills and personal qualities that
lie at the heart of job performance. These eight requirements are essential preparation for all
students, whether they go directly to work or plan further education. Thus, the competencies and
the foundation should be taught and understood in an integrated fashion that reflects the
workplace contexts in which they are applied.
Workplace Competencies
Foundation Skills
Resources: allocating time, money, materials,
space, staff
Basic Skills: reading, writing, arithmetic and
mathematics, speaking and listening
Interpersonal Skills: working on teams,
teaching others, serving customers, leading,
negotiating, and working well with people from
culturally diverse backgrounds
Thinking Skills: thinking creatively, making
decisions, solving problems, seeing things in
the minds eye, knowing how to learn, and
reasoning
Information: acquiring and evaluating data,
organizing and maintaining files, interpreting
and communicating, and using computers to
process information
Personal Qualities: individual responsibility,
self-esteem, sociability, self-management and
integrity
Systems: understanding social, organizational,
and technological systems, monitoring and
correcting performances, and designing or
improving systems
Technology: selecting equipment and tools,
applying technology to specific tasks, and
maintaining and troubleshooting technologies
SCANS workplace competencies and foundation skills have been integrated into Principles
of Accounting I, and are exhibited in the SCANS schedule
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Sexual Harassment
It is a violation of HCC policy for an employee, agent, or student of the College to
engage in sexual harassment as defined in the Equal Employment Opportunity
Commission (EEOC) guidelines. Any student who has a complaint concerning this policy
has the opportunity to seek resolution of such a complaint in accordance with procedures
set forth in the Student Handbook. Report any complaints immediately to College
Administration or call the Institutional Equity & Compliance Office 713-718-8271.
Americans with Disabilities Act ( ADA) Compliance
Any student with a documented disability e.g. physical ,learning, psychiatric, vision,
hearing, etc.) who needs to arrange reasonable accommodations must contact the
Disability Support Services Office ( DSSO ) of their respective college at the beginning
of each semester. Faculty is authorized to provide only the accommodation(s) requested
by the DSSO. For information and services at HCC Southwest contact Dr. Becky Hauri,
ADA Counselor, at 713-718-7910.
The test should be taken on the schedule dates. Exceptions will be made only with the
written explanation and prior approval by the instructor. Once the test is given back to
the class and reviewed, it will not be repeated.
Scantron sheets should be brought to exam class. A simple calculator (not
reprogrammable) should be brought to every class. The calculator should have only
add, subtract, multiply, divide, and percentage functions. Other kinds of sophisticated
calculators should not be used.
The cell phones should be shut off in the class and they should not be used for any work
in the class.
You should use the HCCS E mail address to communicate with the instructor and check
for the messages from the instructor. When you E mail you should give your full name
and the class you are in.
The homework assignment and the deadline to submit are on the homework site.
. Your course key is E-Y7RMX5Y27Z4P3. Students would need to purchase the
CengageNOW with Cengage Learning eBook Instant Access Code for
Warren/Reeve/Duchac's Financial Accounting 11th Edition, Warren/Reeve/Duchac,
ISBN10: 0-324-59532-8. The access code may be purchased at this link:
http://www.cengagebrain.com/shop/isbn/978-0-324-59532-1
Here is a link to the CengageNOW Start Smart Guide for your students:
http://www.wadsworthmedia.com/support/CengageNow/CengageNOW_Student_Start
_Smart_Guide.pdf
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