ACC 220
ACC 220
ACC 220
ACC 220
NORTH SEATTLE COMMUNITY COLLEGE
BUSINESS, ENGINEERING AND INFORMATION TECHNOLOGIES DIVISION
Course Syllabus
Rev. Dec 2007
Accounting 210 Financial Accounting Fundamentals I (5 credits)
Time:
Location:
Monday & Wednesday 5:30 pm – 7:40 pm
IB 3313 (Unless noted)
Instructor:
E-mail:
Office Hours:
Room No:
Keith Foe
Kfoe@sccd.ctc.edu
By Appointment
2417C
Winter Quarter 2007
Important Communication Notice:
Make sure you read and understand the class syllabus and the course guide for this course.
On matters related to this class the recommended mode of communication is e-mail or in-person
appointment. Please avoid the telephone and telephone messages. I make every effort to check my
email messages in the mornings before classes but because of frequent administrative morning
meetings, student appointments, student advising sessions and before class preparations, this is not
always possible. Therefore, any emails sent to me on the day of class, regardless their importance,
may not be opened before your scheduled class time.
Do not leave any home work, exams or any other class assignments in the box outside my door.
Likewise, do not shove homework, exams or assignments under my door. Homework, exams and
assignments are to be turned in during class periods only or given to me in person. Unless instructed
otherwise, do not email me your assignments, homework or occasional take-home exams. I assume no
responsibility for assignments, homework or occasional take-home exams turned in to me unless they
are turned in during class periods or given to me in person.
My primary purpose for being here is to help you reach your academic and career goals. This course
has been thoughtfully planned and prepared to maximize your learning of accounting during the
short time we have. Over the years, the vast majority of students report that the course as planned
and delivered met or exceeded their expectations. On those rare occasions that one might find the
course or the instructor is not meeting his or her expectations they should first re-read the syllabus
and course guide and then make an appointment with me to discuss the issues as early in the term as
possible because there might still be time for alternative options.
My best tip: Read the chapters in advance of the lectures. Do the homework as early as possible to
maximize your chances of learning and for getting the most out of lectures and, get a Study-Buddy.
COURSE DESCRIPTION
Accounting 220 Builds upon the basic accounting concepts, principles, terminology and procedures and refines your
ability to develop financial accounting reports. The statement of cash flows and financial statement analysis are covered.
Accounting for common stock, dividends, receivables, plant & equipment and, debt are also covered in this course.
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Accounting 220- 01 – Financial Accounting Fundamental II
Winter Quarter 2008
Course Syllabus
Rev. Dec, 2007
REQUIRED TEXT BOOK
Financial Accounting 5th Ed., Weygandt, Kieso, Kimmel, Publisher: J .Wiley
COURSE OBJECTIVES
1. Identify and apply the concepts, conventions, and generally accepted accounting principles which
underlie financial accounting and reporting.
2. Understand how to prepare financial statements for a business.
3. Work and communicate effectively in teams.
4. Utilize oral and written communication effectively in the context of the accounting industry
5. Use computer applications to further understanding of the relationship of computers and
accounting.
6. Understand the importance of integrating ethical considerations into decision models.
The North Seattle Community College Curriculum and Academic Standards Committee and the
Instructional Council have developed a document that outlines general education outcomes for A.A.
and A.A.S. degree students. This course specifically addresses the following outcomes:
 Outcome #2: Use quantitative reasoning processes to understand, analyze, interpret, and solve
quantitative problems.
 Outcome #4: Access, evaluate, and apply information from a variety of sources.
 Outcome #5: Apply computer competency to goals.
 Outcome #6: Work and communicate effectively in groups.
TEACHING METHODOLOGY
A combination of resources might be used to communicate and reinforce the concepts and principals
introduced in this course. Teaching methodology may include the use of: (but not limited to)
 Textbook
 Current news and industry publications
 Lecture
 Computerized examples and assignments
 Group discussion
 Industry websites and web libraries
 Multimedia (videos/films, DVDs, etc.)
 Student presentations
ADDITIONAL RESOURCES
You may also find the following resources (both online and hardcopy) useful:
 Newspapers’ business sections from The Seattle Times, The Seattle Post Intelligencer, or The
New York Times;
 Magazines such as Barron’s, Business Week, Economist, Entrepreneur, Forbes, Fortune,
Newsweek, Time, Washington CEO;
 Other publications such as The Puget Sound Business Journal, or The Wall Street Journal.
 Online accounting industry publications such as The Journal of Accountancy
(http://www.aicpa.org/pubs/jofa/index.htm), WebCPA (http://www.webcpa.com), Business
Finance Mag (http://businessfinancemag.com), etc.
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Accounting 220- 01 – Financial Accounting Fundamental II
Winter Quarter 2008
Course Syllabus
Rev. Dec, 2007
GRADED ACTIVITIES CHART
Activity
Points Percentage of
Total Points
Three Exams @ 125 points each
375
75%
Homework Assignments
125
25%
Total Points
500
100%
EXPLANATION OF GRADED ACTIVITIES
Interim Exams There will be 2 interim exams, with the possibility of 125 points for each exam. The
total possible points for all exams combined will be 375 points. The exams will be based on materials
covered in the textbook, class lectures, class discussions, homework assignments and any other
learning sources that might have been covered prior to the exam. Remember, for exam purposes, you
are responsible for all materials assigned in the class schedule, even if we do not cover the materials
in class. When Possible I will try to point out in more detail about 80% of what the exam will focus
on in advance.
Do Not Miss Any Exams. Generally, there are no Make-up Exams in this class.
Final Exam The third exam is the final exam in this course and will be 125 points of your grade. It
will be concentrated on the material covered since the third exam. Even thought the final exam
concentrates on materials covered after the third interim exam you must seek to master material
covered earlier in the quarter to maximize your success on the last exam. (See the course Guide for
Details)
Students can not use cell phones, laptops, handheld computers or similar devices while taking
exams.
Homework Assignments These activities are worth 125 points (25% of your grade). In order to
master the study of accounting, homework is extremely important. Timely completion of every
homework assignment is critical to your success in understanding this material. As such, there will
be homework assignments with each chapter. Even though the instructor may not necessarily grade
each assignment, you must still complete all assignments and be prepared each week to hand in your
homework on time. Late homework will not be accepted. For each homework assignment turned in,
pre-selected questions, exercises or problems will be carefully reviewed. If you have not turned in the
random pre-select check question, exercise or problem, you will receive an automatic percentage
deduction on your homework for that chapter’s overall value. Be aware that these deductions add up
quickly and may drastically affect your final grade. You have full control over your homework/
participation grade. The tutors are available to help you with your homework
Homework is not graded as such. You will not receive a letter or numerical grade on your
homework. Instead your homework will be reviewed and logged in as “Turned in Complete” or
“Turned in partially.” Each chapter of homework (and any additional homework assignments for that
chapter) count as one full point. Partial assignments count for one half point. Late homework counts
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Accounting 220- 01 – Financial Accounting Fundamental II
Winter Quarter 2008
Course Syllabus
Rev. Dec, 2007
for nothing. So if you do all your homework you get the full 25% points. If you do half for example,
then you only get 12.5% of the homework grade.
This course does not meet in the lab. The textbook is designed to maximize your exposure and use
of Excel. If you have not used excel before, please see me early in the course.
Homework/participation grades will be determined as follows:
1. Homework assignments are to be completed, turned in when due. (see “course schedule” for
details)
2. Additionally, the instructor will, on occasion, randomly request that other homework assignments
to be turned in and checked. Therefore, it is important that you help yourself master this subject
by doing all the homework assignments and that you always have your homework prepared and
ready to turn in.
3. Remember that successful completion of items #1 and #2 above in conjunction with class
participation account for 20% of your overall grade.
4. Individual students will occasionally be asked to present answers to homework or to make other
presentations in class using the whiteboard, overhead, etc. These presentations are counted
toward the homework/participation grade.
5. It takes all of us to make a class therefore YOUR CLASS PARTICIPATION IS IMPORTANT. Do
the homework and be prepared at every class.
6. I strongly suggest that you read the chapters in advance of the lectures. I also suggest that you do
the homework as early as possible to maximize your chances of learning and for getting the most
out of the lectures.
Here are guidelines for completing your homework:
 Chapter material should be read before class.
 All assignments must be legible, neat, stapled, and in proper form.
 SHOW ALL CALCULATIONS. Assignments showing calculations, financial entries, etc. must
be written in pencil, and any erasures must be clean.
 Unless otherwise discussed in class, all homework is due on Mondays. No exceptions.
 Late assignments will not be accepted.
 Every assignment must include your name and the chapter/assignment description clearly written
at the top of the page. Example:
 Student Name
 ACC220 Section #01
 Chapter
 Exercises/ Problems #
 Staple all multiple sheets of papers turned to me. (do not use clips or folds)
ALL EXCEL ASSIGNMENTS WILL BE REVIEWED AND CHECKED
Assignments not meeting the above criteria will be returned to the student.
You could loose grade value if do not follow instructions..
The instructor may review select homework problems in class at his discretion, upon request or
as time permits. This class supports the use of tutors as an important step in understanding confusing
homework assignments. Please plan to visit the tutors when you need assistance with the homework.
In certain situations solutions to the homework will be provided to students who turn their homework
in on time. Please review your answers with the solutions before asking the instructor to take class
time to cover problems.
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Accounting 220- 01 – Financial Accounting Fundamental II
Winter Quarter 2008
Course Syllabus
Rev. Dec, 2007
I do not return homework so make copies for yourself if you need records of your homework.
HOMEWORK TURNED IN LATE WILL NOT BE ACCEPTED UNLESS PRIOR
ARRANGEMENTS WERE MADE. Accountants and business people should be punctual with
reports and commitments. This class is a good place to develop this important practice.
Research assignments and presentations are expected to be professional at every level. This
means that reports are to be word processed and oral presentations are to be done with the aid of
Power Point or other ancillary presentation enhancement media.
Copies of both the written report and the Power Point/ ancillary presentation materials are to be
turned into the instructor. This material will not be returned so please make copies for you.
More information on class research projects will be made available later in the course.
TUTORS
The accounting department is proud of the tutors it selects and the quality of service they provide our
students. Please do not hesitate to schedule time with a tutor if you are having difficulty with the
homework or this class. THE TUTORS ARE HERE TO HELP YOU AT NO ADDITIONAL
CHARGE TO YOU.
PLEASE PLAN TO USE THEIR SERVICES AND REMEMBER:
THE TUTORS ARE STUDENTS JUST LIKE YOU. MANY ARE YOUR CLASSMATES. PLEASE
SHOW PROFESSIONAL COURTESY FOR THEIR WORK EVEN IF THEY AT TIMES MAY NOT
HELP YOU TO THE EXTENT YOU DESIRE. MY DOOR IS ALWAYS OPEN.
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Accounting 220- 01 – Financial Accounting Fundamental II
Winter Quarter 2008
Course Syllabus
Rev. Dec, 2007
CONVERSION OF POINTS AND PERCENTAGES TO DECIMAL GRADE EQUIVALENT
Points % Grade
480 - 96- 4.0 A
500
100
Points % Grade
445 89 3.3 B
+
Points %
Grade
Points % Grade
395
79 2.3
C
+
345 69 1.3 D
+
475
95
3.9
A
440
88 3.2
B
+
390
78 2.2
C
+
340 68 1.2 D
+
470
94
3.8
A-
435
87 3.1
B
385
77 2.1
C
335 67 1.1 D
465
93
3.7
A-
430
86 3.0
B
380
76 2.0
C
330 66 1.0 D
460
92
3.6
A-
425
85 2.9
B
375
75 1.9
C
325 65 0.9 D
455
91
3.5
A-
420
84 2.8
B-
370
74 1.8
C-
320 64 0.8 D-
450
90
3.4
B
+
415
83 2.7
B-
365
73 1.7
C-
315 63 0.7 D-
410
82 2.6
B-
360
72 1.6
C-
310 62 0.0 F
↓
↓
405
81 2.5
B-
355
71 1.5
C-
400
80 2.4
C
+
350
70 1.4
D
+
Attendance/Absences Consistent attendance and participation is important! If you miss a class, it is
your sole responsibility to obtain class notes and other lecture materials from other students.
Get the phone numbers of at least two students in the class so that you can share information.
ACADEMIC INTEGRITY
A note about cheating: don’t. Cheating (including plagiarism) is a serious offense. Each student is
expected to earn his/her grade on the merits of his/her individual performance. Cheating will result in
a score of 0 (zero) for the assignment/exam. Cheating might also result in you meetings with
administration and with your possible dismissal from this class with a 0.0 failing grade.
Examples of academic dishonesty include:
Exams: Using unauthorized notes, looking at another student’s answers/test paper, or providing
another student with answers during an exam are considered cheating. Using a hand held computer,
lap-top computer, cell phone or similar computing/communication devices while taking an exam
when their use is prohibited is considered a form of cheating.
Assignments: Copying others’ answers, disks/computer files, plagiarism, and/or collaborating on
assignments, projects, etc., without the instructor’s permission are forbidden.
In the case of using or quoting materials not written by the student, specific references should always
to be included, and when requested, copies should be attached.
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Accounting 220- 01 – Financial Accounting Fundamental II
Winter Quarter 2008
Course Syllabus
Rev. Dec, 2007
AIR QUALITY
Due to the increasing number of individuals with chemical sensitivities and allergies, our campus has
adopted a fragrance-free policy. Please refrain from wearing over bearing fragrance or perfume.
SPECIAL NEEDS
If you need course adaptations or accommodations because of a disability, if you have emergency
medical information to share with me, or if you need special arrangements in case the building must
be evacuated, please make an appointment with me as soon as possible.
CAMPUS CLOSURES
If the college is closed unexpectedly for any reason, (e.g., snow, etc.), listen to radio and television
stations (KING, KIRO, or KOMO) for closure information. If no mention is made of Seattle
Community College District colleges, or specifically North Seattle Community College, assume that
the college is open, that faculty and staff will be present, and that classes will start on time. The
following phone numbers may be helpful: NSCC campus main switchboard: 206-527-3600; the
Business Division: 206-527-3730; and NSCC campus security: 206-527-3636.
BASIC CLASSROOM/LAB RULES
 Please refrain from wearing heavy perfume or fragrance (see “Air Quality” above)
 Come to class prepared so that you may learn and participate.
 Smoking is strictly prohibited on campus except in designated areas.
 Eating or drinking in the lab is forbidden.
 You may not play computer games during class.
 Unless specifically directed to a particular site by the instructor, web surfing, checking e-mail,
etc. is prohibited during class time.
 Viewing or downloading pornographic or sexually offensive material is absolutely prohibited.
 Turn off or silence all audible communication devices such as cell phones, pagers, etc. Under
no circumstances may such devices be responded to in the classroom.
 Please allow others to be able to hear what the instructor or class participants are saying by
not engaging in ancillary conversations.
Respect your fellow students
We are very proud of our diverse and international student population. Some students may even
need special arrangements and assistance in order to demonstrate their brilliance as a student.
Together, our students form a powerful and enriched learning environment. Please respect the
contributions that all bring to the classroom.
This class welcomes the diverse views, gender differences and cultural differences our
students bring to the class. Showing disrespect towards anyone in this class will not be
tolerated.
INTRUCTOR-STUDENT RELATIONSHIP
The foundation of good instructor/student relationship is mutual trust and respect. The instructor trust
that you will do what is expected of you and he in turn will conduct the course according to the
syllabus, course guide and stated objectives. The instructor will not disrespect any student and the
students in turn will not disrespect the instructor.
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Accounting 220- 01 – Financial Accounting Fundamental II
Winter Quarter 2008
Course Syllabus
Rev. Dec, 2007
The instructor is here to help you master the concepts in this course regardless of any perceptions to
the contrary. If you have a concern about how the course is being taught, you should first check your
syllabus and course guide. These documents represent what you and the instructor are agreeing to do
during the administration of this class. Next, assure yourself that you understand what is expected
during the course and that you have done your part in managing your education.
If you still feel you need to address your concern make an appointment with the instructor to discuss
your issue. Do not confront the instructor during class hours about your issue or concerns even if
other students share your point of view.
If a student were having difficulty in class she/he would expect the instructor to discuss that problem
with her/him first before consulting others. Likewise, students are asked to show the same respect
and first discuss any problems with the instructor before consulting others. It’s simply a matter of
professional courtesy.
GET HELP EARLY IF YOU ARE HAVING DIFFICULTY WITH MATERIALS COVERED IN
THIS CLASS!
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