University of North Carolina at Greensboro
Bryan School of Business and Economics
Department of Accounting and Finance
ACC 201: Financial Accounting
FALL 2015: Tuesdays 6:00pm – 8:50pm; Bryan 122
Last Updated August 10, 2015
Contact Information
Lecturer: Dave Kame, CPA, MBA, CGMA
Office: 386 Bryan (By appointment only)
Email: Dfkame2@uncg.edu
Office Phone: 336-803-5572 (Texts to this number preferred)
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.
NOTE: EXPECTATIONS OF WHAT YOU WILL/WILL NOT GET FROM THIS CLASS:
1. You will receive a good grade only if you earn it. If you devote small resources, you will not
walk away with a good understanding of the material…or a good grade.
2. You will be expected to read the book BEFORE lecture to enable you to identify what you are
confused with WHILE WE ARE LECTURING ON THE CHAPTER.
3. You are expected to take your own quality notes. The tutors will assist you on a homework
problem that you have tried but could not get.
4. If you choose to be somewhere else other than class, the potential negative results are your
responsibility.
5. All subjects covered on our tests will be touched upon in lecture. However, some topics on the
test may not have been assigned a homework problem. Therefore, attending lecture and taking
good notes and understanding classroom examples is critical.
6. YOU..should work within you class to be a part of a 4-5 person study group.
7. If you devote the appropriate resources, you should obtain a solid working knowledge of basic
Accounting to enable you to function in today’s business environment in a variety of careers.
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.
ACC 201 SYLLABUS
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.
 Read the assigned book material BEFORE the lecture
 Bring textbook, notebook, pencil and calculator to each class.
 Bring a Laptop that can dial into the Pearson System. (Note: 100% of the compatibility issues I have
witnessed was with Apple Laptops. I can’t help you with those if used—but some Apples worked fine)
o Test before class
o Always have a power cord.
o Backup battery a good idea
 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 possible if you 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
 DO NOT small talk during the Lecture on non accounting issues. If you have an Accounting Point to
share, include the whole class & myself.
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.
 Answer your questions on the chapter being lectured on.
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.
ACC 201 SYLLABUS
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: 978-0136115274 | Edition: 3.
2. CANVAS . 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:
25%
- Exam #2:
25%
- Final Exam (Cumulative):
25%
- Homework:
20%
- Class Participation/Attendance: 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 will be available on Pearson. Please contact me immediately if you not an error. Homework grades
are automatically posted to your MAL account. To determine your grade at any point during the semester, use
the grades 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.
Unfortunately you will not be allowed to converse, pass notes, or look on your neighbors screen.
To do so will result in a zero for the exam.
Homework Assignments
There are eight 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
ACC 201 SYLLABUS
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. Late homework will not be
accepted.
Participation
This is defined as
1. Answering questions ask by the Lecturer
2. Attempting to answer a question ask by a peer
3. Asking questions on areas you do not understand.
4. Bringing up experiences related to the topic being discussed.
PARTICIPATION IS NOT JUST SHOWING UP FOR CLASS.
Please note that attendance alone does not equal contribution. Attendance is a critical precursor to active and
fruitful contributions.
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 email message by end of day August 20, 2015.
Also tell me your name, your past experience with taxes (academic, professional, and/or personal), your
professional interests, and something unique about you in 50 words or less, 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
ACC 201 SYLLABUS
complete your own work on your own to the best of your ability. Cheating in this 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 THE FIRST NIGHT, 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
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!
ACC 201 SYLLABUS
SCHEDULE OF CLASS TOPICS AND ASSIGNMENTS
(subject to change at instructor’s discretion)
DATE
Aug 18
Aug 25
Sep 1
Sep 8
TOPIC
CHAPTER
Introduction to Class &
Business: What’s It All About
1
Qualities of Accounting Information
Submit Homework-Chapter 1 in MAL by 6pm
2
Accruals and Deferrals
Submit Homework-Chapter 2 in MAL by 6pm
3
1
2
Review-Chapters 1-3
Submit Homework-Chapter 3 in MAL by 6pm
3
Sep 15
EXAM #1
Sep 22
Payment for Goods and Services
4
Sep 29
Payment for Goods and Services
Purchase and Sale of Inventory
4 -5
Oct 6
Purchase and Sale of Inventory
Submit Homework-Chapter 4 in MAL by 6pm
5
Chapters 1-3
Oct 13
FALL BREAK
Oct 20
Acquisition and Use of Long-Term Assets
Submit Homework-Chapter 5 in MAL by 6pm
Oct 27
4
6
5
Review for EXAM #2
Submit Homework-Chapter 6 in MAL by 6pm
6
Nov 3
Exam #2
Nov 10
Accounting for Liabilities
Time Value of Money
7
Nov 17
Accounting for Liabilities
Time Value of Money
7-8
Nov 24
Accounting for Shareholders’ Equity
Submit Homework-Chapter 7 in MAL by 6pm
8
Dec 1
Dec 8
ASSIGNMENT
Chpts 4-6
Review for FINAL EXAM
Submit Homework-Chapter 8 in MAL by 6pm
7pm-10:00pm FINAL EXAM (CUMULATIVE)
ACC 201 SYLLABUS
7
8