THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO
BRYAN SCHOOL OF BUSINESS AND ECONOMICS
ACC 218-01: Financial Accounting
Course Syllabus
Fall Semester 2013
Instructor:
Office:
Phone:
Email:
Office Hours:
Tutoring:
Ms. Katie Davenport, CPA
Bryan 341
336.256.0111
cadavenp@uncg.edu
Monday 10:00 am – 12:00 pm
Other times by appointment
335 Bryan – times TBA
ACC 218 is a required entry course for all accounting and finance majors. Students must complete the course
with a “C” or better.
Prerequisites:
MAT 115 or equivalent; and a minimum 2.0 GPA on UNCG course work.
Catalogue Description:
ACC 218: “First financial accounting course for students desiring to pursue upper division accounting courses.
Includes coverage of basic financial statement preparation, time value of money concepts, and techniques for
accounting valuation.”
Course Objective:
ACC 218 is a foundation course for students pursuing degrees in accounting and finance. Upon the completion
of the course students will:
 Appreciate the conceptual framework underlying financial accounting
 Understand the accounting information system and the accounting cycle
 Comprehend basic accounting terminology and financial statement preparation; particularly the balance
sheet and income statement
 Develop an understanding of how business organizations operate and the events which have a financial
impact upon them
 Understand the fundamentals of the time value of money
 Demonstrate, through the completion of a practice set, mastery of the accounting cycle and preparation
of financial statements
 Contribute toward the Bryan School’s commitment to information technology by requiring students to
use the internet, e-mail, word processing software and spreadsheet software where appropriate within
the course
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Required Text:
Intermediate Accounting, Fifteenth edition
Donald E. Kieso, Jerry J. Weygant, and Terry D. Warfield
Rockford Corporation: An Accounting Practice Set to accompany Intermediate Accounting, Fifteenth Edition
Kieso, Weygant, and Warfield and prepared by Larry Falcetto
i-clicker2 (ISBN#: 1429280476)
Grading:
Course grades will be determined as follows:
Quizzes (lowest grade will be dropped)
Exams (2 @ 20% each)
Rockford Practice Set
Ethics Writing Assignment
Cumulative Final Exam
Homework and Class Participation with iclicker2
7.5%
40%
10%
5%
30%
7.5%
The grading scale is as follows:
A+ = 98 - 100
B+ = 88 – 89
C+ = 78 - 79
D+ = 68 - 69
A = 93 - 97
B = 83 - 87
C = 73 - 77
D = 63 - 67
A- = 90 - 92
B- = 80 - 82
C- = 70 - 72
D- = 60 - 62
Graduate students: any
average below 73 = F
F = 59 and below
All grades will be posted on Blackboard. It is your responsibility to make sure they are recorded
correctly. Please contact me immediately if there is an error.
Academic Integrity Policy:
Students are expected to know and abide by the Academic Integrity Policy in all matter pertaining to this
course. Please visit http://academicintegrity.uncg.edu/violation for a copy of the policy.
Student Conduct:
Students are expected to know and abide by the Student Code of Conduct. Students who behave in an
unprofessional manner will be dismissed from class. “An academic community of integrity upholds
accountability and depends upon action in the face of wrongdoing. Every member of an academic community –
student, group/organization, faculty member, and staff – is responsible for upholding the integrity of the
community.”
Please visit http://studentconduct.uncg.edu/policy/code/ and http://bae.uncg.edu/assets/faculty_student_guidelines.pdf for
further information.
Student Disabilities:
Any request for special accommodation must come through the Office of Disability Services with the
appropriate paperwork. Please visit http://ods.dept.uncg.edu/serices/ for further information.
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Students in Distress:
UNCG cares about your success as a student. We recognize that students often balance many challenging
personal issues and demands. Please take advantage of the University resources designed to help. For
assistance accessing these resources, please contact the Dean of Students Office at 336.334.5514 or Student
Academic Services at 336.334.5730. The Counseling and Testing Center is available for mental health
assistance at 336.334.5874.
Attendance Policy:
While there is no required attendance policy, please be aware that Accounting 218 is a challenging and time
consuming class that is critically important portion of the accounting curriculum. Additionally, 7.5% of your
grade is determined by class participation using the i-clicker2. Therefore to receive credit for class
participation, you must be present to participate in class activities.
Weather Policy:
In the event of an adverse weather event (ice, snow, hurricane), this class will strictly follow the University
schedule as posted on the website or by calling 336.334.5000. Please refer to these sources prior to class time.
Course Grading and Evaluation:
The final grade that you receive in this class depends upon your grades on a cumulative final exam, two midterm exams, the Rockford Corporation Manual Practice Set, class participation, an ethics writing assignment,
and multiple short quizzes.
Exams:
There will be three exams: two during the semester and one cumulative final exam. The exam schedule is as
follows:
Exam 1
Exam 2
Final Exam
September 26, 2013
November 5, 2013
December 5, 2013 (8:00 am – 11:00 am)
The general format of these exams will be multiple-choice and short answer questions/problems.
Although most of the question on the mid-session exams will come directly from chapters assigned since the
last exam, some questions may be taken from earlier chapters as they relate to the current chapter material; in
that sense, all exams are cumulative.
The final exam will be cumulative and consist of multiple choice and short answer questions.
There are no make-up exams. If you have prior permission from me, the weight attributable to a missed exam
will be allocated to the final exam. Unless you have received special permission from me, you are not
permitted to take an exam in one of my other classes. Please try to notify me at least 48 hours prior to the
exam. Failure to notify me within 24 hours after the scheduled exam will result in a grade of zero. At the
time of notification, I will determine whether to consider the absence excused or unexcused and follow
University policy. In the event you miss an exam for medical or psychological circumstances, you must
provide me with written verification.
Quizzes:
There will be short quizzes given throughout the semester. These will be announced in the class prior to a quiz
and an announcement will be posted to Blackboard. The quiz will be given at the beginning of the class. There
will be NO makeup quizzes. Your lowest quiz grade will be dropped.
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Note: You may not borrow or share calculators during exams or quizzes. Absolutely no cell phones or other
PDAs may be used during an exam or quiz. All cell phones should be turned off during exams. Out of respect
to other students in the class, if your cell phone goes off, vibrates, or makes any other audible sounds
during an exam, your quiz or exam will be taken, and you will receive a grade of zero.
Rockford Practice Set:
DUE DATE: October 31, 2013
Late Rockford Corporation Manual Practice Sets will not be accepted.
Rockford Corporation Manual Practice Set must be completed in PENCIL. Failure to adhere to this
requirement will result in a grade of zero.
Completion of the Rockford Corporation Manual Practice Set is required. Your grade on this set will be 10% of
your final grade. You CANNOT work as teams. This is an individual assignment. Any Academic Integrity
Policy Violation will be pursued vigorously in accordance with the University Policy (see “Academic Integrity
Policy” above).
Ethics Writing Assignment:
The written assignment is due by 11PM on Thursday, September 5, 2013 through SafeAssign in Blackboard.
Please see detailed instructions posted in Blackboard. It is YOUR responsibility to ensure that your essay is
successfully submitted and that you submit the correct, final version of your essay. No late submissions
will be accepted. Any disputes regarding grading must be submitted to me in writing for consideration.
Homework and Class Participation with i-clicker2:
Homework is a critical part of this course. These assignments are designed to enhance your knowledge on
topics covered in class. To perform well in this class, it is imperative that you complete ALL homework
assignments. Certain assignments will be collected for credit. Assignments and due dates will be posted on
Blackboard. No late assignments will be accepted.
The basis for your class participation grade will be the use of i-clicker technology for answering questions
presented during class. Your responses will be graded for both participation and accuracy. I-clicker days will
not be announced in advance, and therefore you should bring your i-clicker to each class. Your lowest i-clicker
grade will be dropped. Due to the real time nature of this technology, there is no way to make up any class
assignments.
Other Comments:
There are no opportunities for extra credit in this course.
Tutoring for this course is available in Bryan 335. The feedback from prior students is excellent. However,
please keep in mind that you must come prepared. The tutors will not do your work for you. Please be
prepared with specific questions. Tutoring is available to students in all sections of ACC 218 so please be
considerate of others that are waiting when you are receiving help. Tutor hours will be announced in class and
published on Blackboard during the first week of class.
The material in this course may be difficult for some. However, it is vital to your professional success. If you
are having problems understanding the subjects presented, please take advantage of tutoring offered in Bryan
335, or see me. Do not wait until it is too late. This course builds on cumulative knowledge and problems in
the early portion of the class will only compound as the semester progresses.
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IMPORTANT DATES
Writing Assignment:
Exam 1:
Rockford Practice Set:
Exam 2:
Final Exam:
September 5, 2013
September 26, 2013
October 31, 2013
November 5, 2013
December 5, 2013 (8:00 am – 11:00 am)
TENTATIVE SCHEDULE
DATE
August 20
August 22
August 27
August 29
September 3
September 5
September 10
September 12
September 17
September 19
September 24
September 26
October 1
October 3
October 8
October 10
October 15
October 17
October 22
October 24
October 29
October 31
November 5
November 7
November 12
November 14
November 19
November 21
November 26
November 28
December 3
December 5
TOPIC
Introduction
Chapter 1
Chapter 3
Chapter 3
Chapter 3
Chapter 3
Chapter 3
Chapter 3
Chapter 3
Chapter 3
Review For Exam 1
EXAM 1
Rockford Introduction
Chapter 4
Chapter 4
Rockford Day
Fall Break
Chapter 4
Chapter 5
Chapter 5
Chapter 5
Review For Exam 2
Exam 2
Chapter 6
Chapter 6
Chapter 6
Chapter 6
Chapter 2
Review for Final Exam
Thanksgiving Holiday
Reading Day
FINAL EXAM
ASSIGNMENT
Ethics Writing Assignment DUE
***No Class***
Rockford Corporation Practice DUE
***No Class***
***No Class***
8:00 am – 11:00 am
***October 11, 2013 is last day to drop courses without academic penalty***
Note: The above is a tentative schedule. We will cover all of the material in the schedule, but adjustments may
be made as to date a topic is covered and quiz is given. The exam dates will not change. In the event that we
speed up or slow down a bit, I will adjust the material on the exam, not the date of the exam. I will make an
announcement in the class prior to a quiz.
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