Syllabus
Instructor: WL Victor
Class: Accounting 2
Office Hours: T and Th – 9:20 – 10:00 pm
elaceducation@earthlink.net
Fall 2013
Cell Phones
Because of the disruptive nature of cell phones, and because this is not a boiler room or
a place to receive calls, all cell phones MUST NOT ring in class! (This includes the
Instructor’s)
Textbook
Warren, Reeve, Fees: Accounting 22nd Edition. This is the only required text for this
class. There are however working papers that accompany this textbook. The student
may find this helpful when working through the problems in the textbook.
http://www.SimpleEdu.org - In class instructions!
Introduction
This course will take the student through some concepts that need careful attention.
There is a lot more analysis in this course then in Accounting I. The student should be
thoroughly prepared for every class meeting.
Although this is a beginning course, this should not be considered a justification for the
student not to want to learn or not willing to learn. Education for all serious students
should be highly regarded. This class will be taught with the up most regard for each
individual’s education.
Remember there is NO SUCH THING, AS I CAN’T.
Grading
Every student has the potential of getting an “A” in this class. Those who work hard will
succeed in doing just that. Therefore, the grading system will NOT be based on a curve.
A
B
C
D
F
90 – 100
80 – 89
70 – 79
60 – 69
Below
The instructor will strictly adhere to this grading system.
The weighted average for tests and assignments is as follows:
45%
40%
5%
10%
Chapter Tests, Final Exam
Forever Furniture, Project, Written Assignments, including homework
Unannounced Quizzes
Class Participation (This includes attendance)
How to Pass
The student needs to be prepared before beginning the class. This means chapter read
or homework completed or both. The student, who does not wish to do the work, wishes
to fail. All work to be turned-in for a grade MUST be turned-in on time; every day after
scheduled time will result in 5 points penalty. NO EXCEPTIONS.
Make-up Work
No make-up work will be allowed. This includes ALL written assignments to be turned-in
for a grade, as well as tests, project, etc. NO EXCEPTIONS.
Cheating
It is the policy of East Los Angeles College that plagiarism or misrepresenting owns on
work are grounds for permanent expulsion. This is true in this classroom as well.
Except this class takes cheating during an exam and puts it into the same category. In
other words, NOT ALLOWED.
Projects
Forever Furniture; A mock company for which the student will have to analyze
transactions, categorize those transactions, post the transactions, prepare financial
statements and close the books for the month through a computer program. The
instructions for this assignment will be given the first day of class and the project is due
on December 05, 2013. (All students must complete this before they can take the final
exam).
Learning Outcomes
At the end of this course, students should be able to:
1. Explain and describe the generally accepted accounting principles and the
accounting procedures employed in the formation and operation of partnerships
and corporations.
2. Describe and analyze the statement of cash flows and its components.
3. Apply critical thinking in pricing of bonds.
4. Analyze and interpret financial statements for decision-making purposes using
financial ratios and comparative financial statements.
5. Explain and describe the job order process cost accounting systems used in a
manufacturing business.
6. Analysis of variances for decision-making.
Class Coursework
Chapter 12
Ex’s 12-1 to 12-6, 12-10,12-12, 12-13, 12-15 to 12-17, 12-19 to 12-22, PR’s12-1A,
12-2A
WA = Written Assignment 40% of grade - Hand-out – “My Stock”
Chapter 13
Ex’s 13-2 to 13-5, 13-8, 13-9, 13-11, 13-19, PR 13-3A
WA = Written Assignment 40% of grade – Activity 13-6 (page 606)
Chapter 14
Ex’s 14-1 to 14-4, 14-7, 14-12 to 14-14, PR 14-1A
WA = Written Assignment 40% of grade – Activity 14-6 (page 647)
Chapter 15
Ex’s 15-1 to 15-11, PR’s 15-2A, 15-3A
WA = Written Assignment 40% of grade - Activity 15-3 (page 688)
Chapter 16
Ex ‘s 16-2 to 16-7, 16-17, 16-20, PR’s 16-1A, 16-3A
WA = Written Assignment 40% of grade – Activity 16-5 (page 740)
Chapter 17
Ex’s 17-1 to 17-4, 17-5, 17-6, 17-9, 17-11, 17-17, PR 17-4A
WA = Written Assignment 40% of grade – EDGAR 10k analysis/paper
Chapter 19
Ex’s 19-1, 19-2, 19-4 to 19-10, 19-12, 19-15, PR’s 19-2A, 19-4A
WA = Written Assignment 40% of grade – Activity 19-1 (page 867)
Chapter 20
Ex’s 20-1 to 20-8, 20-16, 20-17, PR’s 20-1A, 20-4A
WA = Written Assignment 40% of grade – PR 20-4B
Chapter 21
Ex’s 21-1 to 21-3, 21-5, 21-7, 21-9, 21-11 to 21-14, 21-17, 21-20, 21-21, PR’s 21-1A, 212A
WA = Written Assignment 40% of grade – TBA
Chapter 22
Ex’s 22-1, 22-3, 22-4, 22-8, 22-10, 22-11, 22-15, 22-19, PR’s 22-1A, 22-2A
WA = Written Assignment 40% of grade – TBA
NOTE: The Written Assignments as presented here may not be inclusive and/or exhaustive. Other Written
Assignments may be assigned as needed, but due dates will be the same. See calendar.
Final Exam - Comprehensive
Note: each student should complete All listed exercises and problems. Time will permit the discussion of each of the
above exercises and problems in class. This schedule is subject to change.