Orange Coast College
Syllabus
Course Number: Accounting 101
Course Title: Financial Accounting
ACCOUNTING 101 Financial Accounting: A course covering the fundamentals of financial
accounting of the corporate entity. Involves the analysis, recording, and
summarizing of accounting transactions on the accrual basis. Emphasis on
accounting as an information system meeting the demands of users for
decision making.
STUDENT LEARNING OUTCOMES:
The student will be able to:
1. Demonstrate knowledge of an accounting cycle by performing appropriate accounting
functions.
2. Demonstrate ability to prepare financial statements for a corporation.
3. Prepare accounting entries required for a service versus merchandising business.
REQUIRED TEXT: Kimmel / Weygandt / Kieso
Financial Accounting; Tools for Business Decision Making, Fourth
Edition
REQUIRED
ACCESS:
PROFESSOR
HANDOUTS:
Wiley Plus Account (bundled with text book, can also be purchased
separately)
The professor will post handouts on his website. Students are expected to
bring these to class for use in class discussions.
MONEY SAVER:
Purchase the Wiley Plus Account and an online text book is included
SCHEDULE:
2:20pm – 4:55 pm. Tuesday’s and Thursday’s
CALENDAR:
Fall 2008
INSTRUCTOR:
Arabian Morgan, CPA, MST
BIOGRAPHY:
Arabian Morgan has taught for OCC and several other local area
universities and colleges.
Arabian was a consultant for five years with one of the world’s largest
public accounting firms, PricewaterhouseCoopers LLP, specializing in tax
consulting and financial planning. He is a licensed Certified Public
Accountant. Over the past ten years Arabian has provided tax and
financial planning consulting services to individuals and businesses of all
net worth’s.
2
Arabian earned his Masters in Business Taxation from the University of
Southern California (USC) and also possesses a Bachelor of Science
degree in Accounting from USC.
CONTACT INFO:
Telephone 714-432-0202 x23107 Office: Computing Center: Room “C”
Email: amorgan@occ.cccd.edu (subject line: ACC 101 T-Th)
Website: http://occonline.occ.cccd.edu/online/amorgan/
OFFICE HOURS:
Monday
Tuesday
Wednesday
Thursday
ATTENDANCE:
Class attendance is mandatory.
5:10pm –6:15pm
1:20pm – 2:15pm
5:15pm –6:15pm
1:20pm – 2:15pm (BE 109 Accounting Lab)
PARTICIPATION: Class participation is mandatory.
Example of things that cause one not to earn the full amount of
participation points:
Not reading assigned material
Not coming to class
Being disruptive
Arriving late, leaving early
Cell phone/pagers going off during class
CELL PHONES
AND PAGERS:
Out of consideration for others, please turn your cell phone and pagers to
the silent mode. If they do not have a silent or vibratory mode, please
turn them off. These items tend to distract the other students when they
ring during class discussions or learning team activities.
Cell phones must be turned off and put away during all tests and quizzes.
A student will not receive points should he/she not abide by this rule.
LATE WORK:
No late work will be accepted.
HOMEWORK:
All homework is to be completed in Wiley Plus.
WRITTEN
ASSIGNMENTS:
CHEATING
POLICY:
All work is to be type written. No hand written assignments will be
accepted unless indicated by the instructor.
Cheating on any assignment will earn student zero points for the
assignment. Student will be subject to the policies of Orange Coast
College for further disciplinary action. Academic dishonesty will not be
tolerated.
3
EXTRA CREDIT:
Any extra credit will be applied at the end of the semester. Students
earning a B or an F letter grade will not receive a higher grade resulting
from extra credit.
GRADING SCALE
POINTS STRUCTURE
A
B
C
D
F
Possible
Points
Earned
Exam 1
141
Exam 2
141
Exam 3
141
Exam 4
141
Exam 5
141
Exam 6
141
Participation
54
Quizzes
50
Homework/Projects
50
1000
900 to 1000 points
800 to less than 900 points
700 to less than 800 points
600 to less than 700 points
less than 600 points
4
Week 1
Week 2
Week 3
Week 4
Week 5
Week 6
Week 7
Week 8
Week 9
Week 10
Week 11
Week 12
Week 13
Week 14
Week 15
Week 16
Date
8/26/2008
8/28/2008
9/2/2008
9/4/2008
9/9/2008
9/11/2008
9/16/2008
9/18/2008
9/23/2008
9/25/2008
9/30/2008
10/2/2008
10/7/2008
10/9/2008
10/14/2008
10/16/2008
10/21/2008
10/23/2008
10/28/2008
10/30/2008
11/4/2008
11/6/2008
11/11/2008
11/13/2008
11/18/2008
11/20/2008
11/25/2008
11/27/2008
12/2/2008
12/4/2008
12/9/2008
12/11/2008
Topic / Chapter
Ch 1
Ch 1
Ch 2
Ch 2
Exam 1
Ch 3
Ch 3
Ch 4
Ch 4
Exam 2
Ch 5
Ch 5
Ch 6
Ch 6
Exam 3
Ch 7
Ch 7
Ch 8
Ch 8
Exam 4
Ch 9
Ch 9
Holiday – Veteran’s Day
Ch 11
Ch 11
Exam 5
Ch App C
Holiday – Thanksgiving
Ch App C
Ch 10
Ch 10
Exam 6
Class schedule and point system are subject to change.