Acc 101; Fall 2015; Lord Syllabus
DePaul University
School of Accountancy & MIS
Accounting 101: Introduction to Accounting I
Fall Quarter, 2015
Instructor:
Eva M. Lord, M.B.A., C.P.A
Email:
elord1@depaul.edu
Phone:
773-263-1025
Office Hours:
By appointment; please email to schedule.
Email is my preferred method of communication. Please, no texts.
Class Schedule:
Section 411: Monday/Wednesday
Section 412: Monday/Wednesday
1:30pm – 3:00pm
3:10pm – 4:40pm
Location:
Lewis Center, Room 1002
Required Text:
Financial and Managerial Accounting, Needles, Powers & Crosson,
10th edition, Cengage. ISBN: 978-1-285-90830-4
CengageNOW:
CengageNOW is the online support program for our class and is
required. To register for the program, use the access code that came with your
textbook. Registration instructions are posted on D2L, or use the appropriate link
below:
Section 411: MW 1:30 http://login.cengagebrain.com/course/E-HY7WUGPLPR9CQ
Section 412: MW 3:10 http://login.cengagebrain.com/course/E-HY7W2AAFMXJTZ
Desire2Learn:
http://D2L.Depaul.edu
All course materials including the syllabus and chapter outlines are posted on D2L.
Please use the Discussions forum in D2L to ask homework questions.
Course Objective: To understand the foundational concepts of financial accounting.
We will focus on basic accounting tools including the accounting equation, T-accounts
and journal entries. We will use these tools to prepare financial statements: balance
sheet, income statement, statement of retained earnings, and statement of cash flows.
We will see how a thorough grasp of the basic statements translates into an improved
understanding of the complex financial information used by investors, decision-makers,
and everyone in world of business.
Teaching Method: The course will include lecture, in-class discussion and problemsolving, homework assignments, quizzes, and exams. Please complete reading
assignments prior to class.
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Acc 101; Fall 2015; Lord Syllabus
Class participation, Career Management Passport, and Handshake: Class
participation points can be earned by 1) asking questions, 2) answering questions, and
3) contributing to classroom discussion. Points will be deducted for 1) skipping class, 2)
texting or using a phone during class, and 3) using a laptop for any reason other than
ACC 101 during class. Participation in the Career Management Passport program and
Registration with Handshake are mandatory and will count for 1% of your Class
Participation grade. More information is posted on D2L.
Lab Sessions: Enrollment in a weekly ACC 100 lab session is mandatory.
Quizzes: There will be four quizzes over the course of the term. Your lowest-scoring
quiz will be dropped from your grade calculation. Quizzes are short, taken in-class,
and consist of multiple choice questions. Quizzes are usually returned the following
class period. We will review any challenging questions. If you wish to contest a quiz
score, you must return the quiz to me before leaving the classroom. When you agree
with your quiz score, you may keep the quiz as a study tool.
Homework: Homework is important for reinforcing your grasp of the material, and an
excellent way of preparing for exams. There will be eight homework assignments over
the course of the term. See the attached calendar for due dates. Note that on-line
homework assignments are due at 9:00 a.m. on the day of class. We will review any
challenging questions. Your two lowest-scoring homework assignments will be
dropped from your grade calculation. Most homework will be done using
CengageNOW. You can submit homework assignments up to twenty times; only your
highest score will count towards your grade. You can also “check your work” along the
way with no penalty.
Exams: There will be a Midterm Exam in week six, and a Final Exam at the end of the
term. ACC 101 Exams do not follow the university schedule – please see the calendar
below. Exams include multiple choice questions and problems. Personal calculators
are not allowed. The School of Accountancy will provide standard calculators.
Grading:
Class Participation/Career Passport
Lab
Quizzes
Homework
Midterm Exam
Final Exam
Total
5%
5%
5%
10%
35%
40%
100%
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Acc 101; Fall 2015; Lord Syllabus
Grading scale:
93 and above
90 – 92
87 – 89
83 – 86
80 – 82
A
AB+
B
B-
77 – 79
73 – 76
70 – 72
67 – 69
60 – 66
Below 60
C+
C
CD+
D
F
Students with Disabilities: Students seeking disability-related accommodations are
required to register with DePaul's Center for Students with Disabilities (CSD) enabling
you to access accommodations and support services to assist your success. There are
two office locations that can provide you with enrollment information. Email or call
with questions; csd@depaul.edu or (312) 362-8002 (Loop Campus - Lewis Center #1420).
Students are also invited to contact me privately to discuss your challenges and how I
may assist in facilitating the accommodations you will use during this course. This is
best done early in the term and our conversation will remain confidential.
Academic Integrity: Students are expected to conduct themselves in this course in a
manner consistent with the University’s standards of academic honesty. Any student
found cheating on an assignment or exam may result in the failure of the assignment,
failure of the course, and/or additional disciplinary actions including dismissal. The
DePaul Student Handbook details the academic integrity policy.
SOA Code of Conduct:
In order to address specific issues that ACC and MIS faculty
want to emphasize, the School of Accountancy (ACC) and Management Information
Systems (MIS) faculty has prepared the ACC and MIS Student Code of Conduct.
Students enrolled in any ACC or MIS course are expected to abide by the School of
ACC & MIS Student Code of Conduct. The link to the SOA code of Conduct is:
SOA Code of Conduct
Drop Policy: See the published DePaul Academic calendar. The last day to drop with
no penalty is September 22, 2015.
Page 3 of 4
Acc 101; Fall 2015; Lord Syllabus
Class
Calendar
Date
Sept 9
Readings
Chapter 1
Sept 14
Sept 16
Chapter 2
Sept 21
Measurement Concepts:
Recording Business
Transactions
1-6
1-7
Chapter 3
Measuring Business Income:
Adjusting the Accounts
Oct 5
Chapter 5
Foundations of Financial
Reporting and the Classified
Balance Sheet
Accounting for Merchandising
Operations
1-3
Quiz 2
1-5
HW Ch. 3-4 due 9am
Midterm Review
Oct 12
Oct 19
Accounting for Merchandising
1-5
Operations (Continued)
Midterm Exam (Chapters 1-4): Friday, October 16, 2015 at 2:00 – 3:45 p.m.
Chapter 5
Chapter 6
Inventories
1-4, 6
Chapter 7
Chapter 8
Appendix
B
Cash and Internal Control
Receivables
3
1-3
Chapter 9
Long Term Assets
1-4, 6
Chapter
10
Current Liabilities and Fair
Value Accounting
1-3
Oct 21
Oct 26
Oct 28
Nov 2
Accounting for Investments
Nov 11
HW Ch. 5-6 due 9am
Quiz 3
HW Ch. 6 - 8 due 9am
Nov 4
Nov 9
Quiz 1
HW Ch. 3 due 9am
Chapter 4
Oct 14
HW Ch. 1 due 9am
1-5,
Supplement
Sept 30
Oct 7
Homework
Assignments/
Quizzes
HW Ch. 2 due 9am
Sept 23
Sept 28
Topic
Course Introduction; Uses of
Accounting Information and
the Financial Statements
Learning
Objectives
HW Ch. B,9 due 9am
Quiz 4
HW Ch. 9-10 due 9am
Final Review
Nov 16
Final Exam (Chapters 5-10 and App. B): Friday, November 20, 2015 at 11:45 – 2:00 p.m.
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