F
Course Syllabus
Principles of Accounting I
ACCT 2301
Semester with Course FALL 2015 ACCT 2301 (76097)
Reference Number
(CRN)
Instructor contact
information (phone
number and email
address)
NICK GEORGAS
ngeorgas@gmail.com
Office Location and
Hours
Course
Location/Times
STAFFORD MW 8:00AM-9:30AM
Course Semester
Credit Hours (SCH)
(lecture, lab) If
applicable
Credit Hours:
3
Lecture Hours:
3
Laboratory Hours:
External Hours:
Total Course Contact
Hours
48.00
Course Length
(number of weeks)
16 WEEKS
Type of Instruction
Lecture
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, corporation, investments,
statement of cash flows and interpretation of financial statements.
Course
Prerequisite(s)
PREREQUISITE(S):

Department Approval
FREQUENT REQUISITES

Departmental approval
Academic
Discipline/CTE
Program Learning
Outcomes
1. Students will be able to read, listen, speak, and write proficiently in preparation
for presentations with clients, accounting firms and compliance work.
2. Students will demonstrate complete understanding of the complete accounting
cycle.
3. Students will be able to prepare financial statements and tax returns utilizing
computerized software packages, ie. Turbo Tax, Peachtree, and/or Quick Books.
4. Students will be able to reconcile and verify account balances, audit for internal
control, and prepare financial statements.
Course Student
Learning Outcomes
(SLO): 4 to 7
1. Illustrate accounting for service & merchandising business
2. Illustrate reporting for assets & current liabilities
3. Illustrate reporting & analysis of financial statements
Learning Objectives
(Numbering system
should be linked to
SLO - e.g., 1.1, 1.2,
1.3, etc.)
Illustrate accounting for service & merchandising business
1. Illustrate accounting cycle for one period for service business
2. Journalize & post transactions using subsidiary ledgers & special journals
3. Journalize adjustments & closing for merchandising business
Illustrate reporting for assets & current liabilities
1. Report Current Assets in Balance Sheet
2. Report Fixed & Intangible assets in Balance Sheet & Income Statements
3. Journalize current liabilities
Illustrate reporting & analysis of financial statements
1. Prepare statement of equity
2. Report bonds in Balance Sheet
3. Report securities in balance sheet
4. Prepare statement of cash flows
5. Compute analytical measures
SCANS and/or Core
Curriculum
Competencies: If
applicable
Core Curriculum Competencies:
Illustrate accounting for service & merchandising business
Intellectual - Mathematics
Intellectual - Reading
Intellectual - Writing
Intellectual - Speaking
Intellectual - Listening
Intellectual - Critical Thinking
Intellectual - Computer Literacy
Perspectives - 5. Develop personal values for ethical behavior;
Perspectives - 7. Use logical reasoning in problem solving;
Illustrate reporting for assets & current liabilities
Intellectual - Mathematics
Intellectual - Reading
Intellectual - Writing
Intellectual - Speaking
Intellectual - Listening
Intellectual - Critical Thinking
Intellectual - Computer Literacy
Perspectives - 5. Develop personal values for ethical behavior;
Perspectives - 7. Use logical reasoning in problem solving;
Illustrate reporting & analysis of financial statements
Intellectual - Mathematics
Intellectual - Reading
Intellectual - Writing
Intellectual - Speaking
Intellectual - Listening
Intellectual - Critical Thinking
Intellectual - Computer Literacy
Perspectives - 5. Develop personal values for ethical behavior;
Perspectives - 7. Use logical reasoning in problem solving;
Instructional Methods
Web-enhanced (0%)
Hybrid (0% )
Distance (0%)
Face to Face(100%)
Student Assignments
Illustrate accounting for service & merchandising business
No assignments selected for this outcome
Illustrate reporting for assets & current liabilities
No assignments selected for this outcome
Illustrate reporting & analysis of financial statements
No assignments selected for this outcome
Student
Assessment(s)
Instructor's
Requirements
Program/Discipline
Requirements: If
applicable
HCC Grading Scale:
FIVE QUIZZES EACH WORTH 15% FINAL GRADE
FINAL EXAM WORTH 15% OF FINAL GRADE
CONNECT HOMEWORK WORTH 10% OF FINAL GRADE
1. EXCEL-Students will work in EXCEL following textbook example formats,
labels, and formulas
2. Internet-Students will use HCC webmail, learning web, blackboard, lockdown browser, and HCC LibLine (24/7 Library)
3. Ethics-Students will develop personal values for ethical behavior
A = 100- 90
B = 89 - 80:
C = 79 - 70:
D = 69 - 60:
59 and below = F
FX (Failure due to non-attendance)
IP (In Progress)
W (Withdrawn)
I (Incomplete)
AUD (Audit)
4 points per semester hour
3 points per semester hour
2 points per semester hour
1 point per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
0 points per semester hour
IP (In Progress) is given only in certain developmental courses. The student must reenroll to receive credit. COM (Completed) is given in non-credit and continuing
education courses.
FINAL GRADE OF FX: Students who stop attending class and do not withdraw
themselves prior to the withdrawal deadline may either be dropped by their professor
for excessive absences or be assigned the final grade of "FX" at the end of the
semester. Students who stop attending classes will receive a grade of "FX",
compared to an earned grade of "F" which is due to poor performance. Logging into a
DE course without active participation is seen as non-attending. Please note that
HCC will not disperse financial aid funding for students who have never attended
class.
Students who receive financial aid but fail to attend class will be reported to the
Department of Education and may have to pay back their aid. A grade of "FX" is
treated exactly the same as a grade of "F" in terms of GPA, probation, suspension,
and satisfactory academic progress.
To compute grade point average (GPA), divide the total grade points by the total
number of semester hours attempted. The grades "IP," "COM" and "I" do not affect
GPA.
Health Sciences Programs Grading Scales may differ from the approved HCC
Grading Scale. For Health Sciences Programs Grading Scales, see the "Program
Discipline Requirements" section of the Program's syllabi.
Instructor Grading
Criteria
Instructional
Materials
Wild/ Financial Accounting 5th. Edition ? Chapters 1-13 w/Connect Loose-Leaf
Publisher: McGraw-Hill ISBN: 9781259690457
HCC Policy Statement:
Access Student
Services Policies on
their Web site:
http://hccs.edu/student-rights
EGLS3 -- Evaluation
for Greater Learning
Student Survey
System
At Houston Community College, professors believe that thoughtful student feedback is
necessary to improve teaching and learning. During a designated time near the end of
the term, you will be asked to answer a short online survey of research-based
questions related to instruction. The anonymous results of the survey will be made
available to your professors and department chairs for continual improvement of
instruction. Look for the survey as part of the Houston Community College Student
System online near the end of the term.
Distance Education and/or Continuing Education Policies
Access DE Policies
on their Web site:
http://de.hccs.edu/Distance_Ed/DE_Home/faculty_resources/PDFs/DE_Syllabus.pdf
Access CE Policies
on their Web site:
http://hccs.edu/CE-student-guidelines
COURSE STRUCTURE
CHAPTER 1
INTRO/ANALYZING TRANSACTIONS
CHAPTER 2
INTRO/ANALYZING TRANSACTIONS
CHAPTER 3
ADJUSTMENTS/ ACCOUNTING CYCLE
CHAPTER 4/5
INVENTORY
CHAPTER 6
CASH
CHAPTER 7
ACCOUNTS RECEIVABLE
CHAPTER 8
FIXED ASSETS
CHAPTER 9/10 LIABILITIES
CHAPTER 12
CASH FLOW