ACCOUNTING
SYLLABUS
MRS. O’DAY
E-MAIL: odaya@mfschools.org
Web Page: www.mfschools.org/user/odaya/
COURSE DESCRIPTION
Anyone who deals with any phase of business can benefit from an understanding of basic
accounting principles covered in this first-year course. Students planning to attend college will
find a high school introduction to the subject helpful. Students planning to operate their own
business will find this course a must. Students will learn how to work with journals, ledgers,
balance sheets, and income and capital statements of a self-owned business. You will assume the
role of an accountant for a small fictional business. You will also do some of your accounting
work on a microcomputer. This course may be taken as substitute for one of the math courses
required for graduation. The first semester must be passed before beginning the second.
TEXTBOOK AND MATERIALS
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Glencoe Publishing Company
 Real World applications and Connections, copyright 2000
 Glencoe Accounting I Chapter Reviews and Working Papers
Zenith Global Imports Accounting Simulation
Tronics, Inc. Accounting Simulation
Calculator
Pen and pencils
Ruler (6 or 12 inch)
PERFORMANCE/LEARNER OUTCOMES
Process
1. The student is able to classify accounts using correct terminology.
2. The student is able to manually journalize and post transactions for service and retail soleproprietorships, partnerships, and corporations.
3. The student is able to prepare end of the period financial reports including: income
statement, balance sheet, and capital statements.
4. The student is able to journalize and post transactions using Quickbooks Accounting
software.
Knowledge
1. The student knows the accounting equation and the accounting cycle.
2. The student knows financial vocabulary necessary to discuss the financial position of a
company.
3. The student knows the basics of accounting for a sole-proprietorship, partnership, and
corporation.
Values
1. The student values desirable character traits and work habits that are required for success.
2. The student values business training and experiences as sources of personal satisfaction and
growth.
4. The student values this course as a math credit toward graduation and a solid basis for future
study of business courses.
INSTRUCTIONAL METHODS
This course is a combination of lecture and practice. Student work will be done individually
except for business simulations completed at the end of each semester. The business simulation
may be worked on with a partner.
The computer will be utilized as students explore the automated accounting process through the
use of Quickbooks Accounting software. (If time allows)
HOMEWORK
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When absent you must look at the web site to get information from the missed day(s). After
you have obtained what the expectations were on that day if you have questions you may
come see me.
I will NOT remind you to come see me, as it is your responsibility to be accountable for
missed work.
In general, students spend a significant portion of each class period working. Any assigned
work not completed in class should be finished at home.
Business simulations are in-class projects only.
Late work will be accepted for 1/2credit one day after the due date and Zero (0) credit
after that.
ABSENCE POLICY (MAKE-UP WORK)
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Students should inform the instructor of a field trip prior to the absence. Arrangements for
make-up work will be discussed. Generally, the work should be completed on the day of
their return.
Test, quiz, and assignment absences due to illness (excused) must be made up within two (2)
days of the return to school.
Only excused absences have full make-up privileges.
TIPS FOR SUCCESS
Good attendance is essential–especially during the business simulations that are done in class.
Bringing all materials to class each day will enable students to complete a majority of work in
class where the instructor is available for assistance. Wasted time results in more homework.
ASSESSMENT
Homework
50%
Tests and Quizzes
40%
(tests are both objective and problem in nature)
Participation
10%
Each quarter is weighted at 40% with the semester exam making up the remaining 20% of the
semester grade. This is a year long course. Students must pass semester one in order to continue
with semester two.
ACADEMIC HONESTY
It is expected that all the materials submitted for this course are the actual work of the individual
whose name appears on the materials. Violation of academic honesty includes but is not limited
to cheating, plagiarism, and receiving help on a test. A student found guilty of academic
dishonesty is subject to failure for the assignment in question or failure of the course. Copying
another person’s assignment will result in both the copied assignment and the original assignment
guilty of academic dishonesty.