University of North Carolina at Greensboro
Bryan School of Business and Economics
Department of Accounting and Finance
ACC 201: Financial Accounting
Spring 2015: Tuesdays 6:00pm – 8:50pm; Bryan 122
Last Updated January 11, 2015
Contact Information
Lecturer: David Kame, CPA, MBA, CGMA
Office: 386 Bryan (By appointment only)
Email: Dfkame2@uncg.edu
Office Phone: 336-803-5572
Prerequisite: Any one of the following: MAT 115, 120, 150, 151, 191 or 292.
Note that TEXTING (336-803-5572) is the best method to quickly get in touch with me via
my cell. Email however gives you a trail and historical record and is the 2nd best.
Course Objectives:
- Demonstrate an understanding of basic accounting terminology and procedures
- Create the financial statements which flow from the accounting process
- Understand the accounting cycle and the accounting system
- Develop an understanding of how business organizations operate and the events
which have a financial impact upon them
- Understand the time value of money concepts
- Facilitate the development of the student’s written communication skills through an
essay assignment, essay assessment and/or business memo assignments
- 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.
Class Organization, Procedures and Expectations
It is no secret that Financial Accounting 201 is a CHALLENGING and TIME
CONSUMING class for most non business majors. To succeed, you must keep up with the
material and assignments. It is a subject that students must study regularly. Cramming
will not work. Students who do not keep up with the class reading, homework, and lecture
will not succeed in ACC 201.
Graduate Assistants are available to assist with problem solution in Bryan
335. Their hours will be posted on the door.
Therefore, I have the following expectations of you:
 Carry myself as an adult giving appropriate respect to those around me and the instructors
and tutors and avoid causing distractions during lecture.
ACC 201 SYLLABUS
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Read the assigned book material BEFORE the lecture
Bring textbook, notebook, pencil and calculator to each class.
Devote at least six to nine hours a week outside of class for studying
Take full advantage of tutors in room 335 to review problem areas
Contact your instructor as soon as you to continue to encounter difficulties after
reviewing with tutors
Have a positive attitude, share your constructive experiences when appropriate.
Be on time for class and have good attendance
In return, I pledge to:
 Be on time and prepared for class
 Be organized in my lectures as well as in the general conduct management of the class
 Provide you with information in advance so you can schedule your work
 Clearly explain concepts and problems reinforced with real world examples.
 Treat you fairly with respect to exams, grading, etc
 Be respectful of you and have a good attitude
 Provide timely feedback on assignments and exams
 Cover as many questions as time allows in class.
For further Faculty and Student Guidelines, please see:
http://bae.uncg.edu/assets/faculty_student_guidelines.pdf
A large portion of class time is devoted to lecture. Therefore, individual study and preparation
outside of class are extremely important to your success. Please read the material and work
problems before coming to class.
Course Materials:
1. Text: Financial Accounting: A Business Process Approach . Jane Reimers.
ISBN: 1256636754. This is a custom textbook for UNCG, although you are welcome to purchase
the regular textbook: Publication Date: March 1, 2010 | ISBN-10: 0136115276 | ISBN-13: 9780136115274 | Edition: 3.
2. Blackboard: http://blackboard.uncg.edu . Announcements, handouts, slides, and other
materials for class. You need to print these out and bring them to class. I will NOT be able to
provide copies in class. If you miss a class, then it is your responsibility to get the notes and any
missed materials and information from another student in the class.
3. MyAccountingLab (MAL): http://pearsonmylabandmastering.com/ . Homework gets
submitted via MAL. 365 days of access to MyAccountingLab is included with a new textbook
purchase or can be purchased online. You can receive free access for 17 days. Please go to the
MAL website to register. The course id is: (To be announced) . Detailed instructions are at the
end of this syllabus. If you are experiencing a problem with the MAL website, please call the
MAL Customer Help Desk at (800) 677-6337 or visit
http://pearsonmylabandmastering.com/students/support/ .
Grades will be determined by:
- Exam #1:
- Exam #2:
- Final Exam (Cumulative):
25%
25%
25%
ACC 201 SYLLABUS
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Homework:
20%
Class Participation:
5%
o
The grading scale is as follows for undergraduate students:
*A
92% and above
A90 – 91.99%
B+
88 – 89.99%
B
82 -87.99%
B80 – 81.99%
C+
78 – 79.99%
C
72 – 77.99%
C70 – 71.99%
D+
68 – 69.99%
D
62 - 67.99%
D60 – 61.99%
F
< 60%
All grades except homework will be posted on CANVAS. Please contact me immediately if you
note an error. Homework grades are automatically posted to your MAL (Pearson’s My
Accounting Lab) account. To determine your grade at any point during the semester, use the
grades on CANVAS and on MAL and the weights shown above.
Exam Information. Mid-term exams are not cumulative, but are closed book and proctored. The
final exam is cumulative, closed book, and proctored. You must take each exam to pass this
course. Makeup exams are rarely given. If your cell phone makes any noise during an Exam,
then your Exam will be collected at that time and you will leave the testing area. You will not be
allowed to continue working on the Exam.
All exams require a Scantron, pencil, and calculator. You may not share or borrow
calculators during exams. Cell phones or other PDAs may not be used in place of
calculators.
Homework Assignments
There are three homework assignments. Each homework assignment covers multiple chapters.
The assignments are available online through MAL. Each assignment remains open and
available to you throughout the time the relevant chapters are covered in class. I encourage you
to work on the assignments periodically as we cover each chapter rather than leave all homework
questions for each assignment unworked until the due date. As you do periodically work on each
assignment, your work can be saved in MAL and accessed at a later time before the due date.
Thus, you may work on the same assignment at different times. You are allowed 5 attempts at
each homework question. Late homework will not be accepted.
Participation
Your participation grade will be based on your contributions to class. Please note that attendance
alone does not equal contribution. Attendance is a critical precursor to active and fruitful
contributions.
ACC 201 SYLLABUS
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More than two absences from class will result in a respectively lowered participation grade. I
expect you to read relevant materials before class, speak up in the majority of class sessions,
participate in group discussions and activities, bring accounting-related topics to share with the
class, follow along and help with in-class exercises, and be an active contributor in class in every
sense.
Excellent participation also means that your comments are thoughtful, focused, and respectful.
Points will be deducted from the base score of 100% if you miss class, are late, leave early,
disappear for long periods on break, or do not follow the contribution guidelines above for any
reason.
Please turn off cell phones during class and limit your computer use to note taking or
looking up information only when required by class activities.
The development of a supportive learning environment is fostered by respectfully listening to the
ideas of others, being able to understand and appreciate a point of view which is different from
your own, clearly articulating your point of view, and linking experience to readings and
assignments.
We will cover a great deal of information in each class. If you will not be able to attend a class,
let me know as soon as possible. It is your responsibility to obtain all information/content from
your classmates. In order to fully participate in and benefit from each class session,
students must complete required readings in advance and come to class prepared to discuss
them.
As part of your participation grade, you should e-mail me a digital photo of yourself as an
attachment to the e-mail message by end of day Friday January 16, 2015.
Also tell me your name, your past experience with Bookkeeping/Accounting (academic,
professional, and/or personal), your professional interests, and something unique about you that
will help me remember who you are.
Academic Integrity
You and I are expected to abide by the UNCG Academic Integrity Policy as well as by the
UNCG Codes of Conduct. I respect and expect you to uphold the UNCG Honor Code that
includes, among other things, that you complete your own work on your own to the best of your
ability. Cheating in my class results in automatic failure of the course.
I will report the incident to the Honor Court for full due processing. This ends up being a lengthy
and stressful process for both the student and the instructor. Please visit the following link to
remind yourself of the full Code. http://bae.uncg.edu/assets/faculty_student_guidelines.pdf
Policy on Accommodations for Students with Disabilities
Students with disabilities that affect their participation in the course must notify me if they wish
to have accommodations in instructional or examination format. I will work with the Office of
Disabilities and the student to make appropriate accommodations.
Student Study Program through the Student Success Center
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As a student in this course, you have the opportunity to participate in the Student Study Program
(SSP), which is one of the four programs housed in the Student Success Center located in the
McIver Building. SSP is designed to offer additional academic support for students enrolled in
historically challenging classes that have high drop, failure, and/or withdrawal rates.
The purpose of SSP is to offer students the opportunity to form collaborative study
groups of up to 4 of their peers. Students will be matched by the program coordinator with other
students in the same course and section. To sign up or to learn more about SSP, go to
http://success.uncg.edu/ssp/. If you have further questions, you may also contact the Coordinator
of the Student Study Program at ssp@uncg.edu.
Late Work
All work is due by the beginning of the relevant class period, unless otherwise stated here in this
syllabus or in class. Late work is not accepted.
In case of an emergency, a late product may be accepted without penalty at my discretion. Avoid
having last minute computer failures that prevent you from turning products in on time. Plan
ahead.
Keep backups and don’t rely on having computers, printers, servers, and email programs
working perfectly a half-hour before class. Remember that you can check out a laptop from
Student Services on the third floor of the Bryan building and that course materials are on reserve
in the library.
Other Comments:
There are no opportunities for extra credit in this course.
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, see me when you first
encounter problems. Since this course builds on cumulative knowledge, problems in the early
portion of the class will only compound as the semester progresses.
LET’S SUCCEED TOGETHER!
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SCHEDULE OF CLASS TOPICS AND ASSIGNMENTS
(subject to change at instructor’s discretion)
DATE
TOPIC
Jan 13
CHAPTER
Introduction to Class &
Business: What’s It All About
1
Jan 20
Qualities of Accounting Information
2
Jan 27
Accruals and Deferrals
3
Feb 3
EXAM #1
Feb 6
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ASSIGNMENT
Chapters 1-3
at 11:55PM – CHAPTERS 1-3 HOMEWORK DUE
The homework assignment must be completed using MyAccountingLab (MAL).
The homework can be accessed using the website listed in the syllabus.
Make sure you have SUBMITTED the assignment before it is due.
Assignments submitted after they are due will not receive credit.
Feb 10
Payment for Goods and Services
4
Feb 17
Payment for Goods and Services
Purchase and Sale of Inventory
4 -5
Feb 24
Purchase and Sale of Inventory
5
Mar 3
Acquisition and Use of Long-Term Assets
6
Mar 10
No class – spring break
Mar 17
Acquisition and Use of Long-Term Assets
Accounting for Liabilities
Time Value of Money
Mar 20
at 11:55PM -- CHAPTERS 4-6 HOMEWORK DUE in MAL
Mar 24
Review for EXAM #2
Mar 31
Exam #2
Apr 7
Accounting for Liabilities
Time Value of Money
7
Apr 14
Accounting for Liabilities
Time Value of Money
7-8
Apr 21
Accounting for Shareholders’ Equity
8
6-7
Chpts 4-6
ACC 201 SYLLABUS
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Apr 24
at 11:55PM -- CHAPTERS 7-8 HOMEWORK DUE in MAL
Apr 28
Review for FINAL EXAM
May 5
7pm-10:00pm FINAL EXAM (CUMULATIVE)
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