ACC 102 FA14 Master
Hagerstown Community College
OFFICIAL COURSE SYLLABUS DOCUMENT
COURSE:
ACC 102 - Principles of Accounting II - 3 credits
INSTRUCTOR: David Karn and Stacey McGee
SEMESTER/YEAR: Fall 2014
COURSE DESCRIPTION: This course is a continuation of ACC 101 with emphasis on the
application to corporations and the study of financial analysis. It also includes an introduction to
cost and managerial accounting.
TEXTBOOK:
Horngren’s Accounting 10e by Traci Nobles, Brenda Mattison, and Ella Mae Matsumura will
be the primary text used in this course and is required.
MyAccountingLab Online Course Materials are required for this course. A student access kit
is included in all books purchased from the HCC bookstore. Access to MyAccountingLab can
also be purchased separately, and includes an electronic version of the textbook. Students will
utilize pearsonmylab.com as the portal to MyAccountingLab.
STUDENT LEARNING OUTCOMES:
a. Identify the nature of the corporate form of organization.
b. Prepare a stockholders’ equity section for a corporation.
d. Distinguish among market value, par value, liquidation value and book value.
g. Account for and record investments in stock.
h. Account for basic bonds payable transactions by the straight-line amortization
method.
i. Identify the purpose of the statement of cash flows.
j. Distinguish between managerial and financial accounting.
k. Classify costs by their behavior and compute contribution margin.
l. Determine break-even point and margin of safety.
m. Account for investments in debt and equity securities.
n. Use accounting information to make short-term business decisions.
o. Explain the nature and importance of capital investment analysis.
COURSE CONTENT OBJECTIVES:
In this accounting principles course, you will study theory and procedure as applied to the various
specializations in accounting. A preview of the whole area of accounting will be presented.
Through a study of accounting concepts, principles and procedures, you will acquire the
fundamental skills needed for a career in the field of business and, also, the knowledge to
continue the study of accounting at an advanced level.
A variety of methods will be employed to promote a vivid understanding of the concepts
developed and to produce the capability and confidence to solve accounting problems, including:
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ACC 102 FA14 Master
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Lecture – Terminology, important concepts, and the development of problem solving
techniques will be presented and explained by the instructor.
•
The use of examples and exercises – The concepts and techniques will be illustrated through
the use of many problem examples and students will test their understanding of the mechanics
of the methods by working on problems found at the end of the chapter.
•
Problem Solving – Students will solve a variety of problems outside of class. These
assignments serve as one of the most important and useful learning components of the course.
It is through problem solving that one tests their understanding of the concepts and application
of those concepts. The assignments/projects also provide another communications link
between the student and the instructor. They inform the instructor about the student’s
understanding of the concepts and indicate the student’s capability to correctly apply and
interpret the techniques. They also provide the instructor the opportunity to assist the student
with explaining and interpreting the course subject matter.
COURSE POLICIES:
Total Hours of Coursework: To earn one academic credit at HCC, students are required to
complete a minimum of 37.5 clock hours (45 fifty-minute “academic” hours) of coursework per
semester. Those hours of coursework may be completed through a combination of hours within
the classroom and hours outside the classroom. Certain courses may require more than the 37.5
minimum hours of coursework per credit.
This is a three credit, college level course. You should expect to spend a minimum of nine hours
per week in order to succeed. This will vary by student; some students will need to spend more
time than this in order to master course concepts. A breakdown of time spent by activity is given
in the chart below. This chart reflects the minimum amount of time you can expect to spend this
semester on each activity. Many of you will need to spend more time on some or all of these
activities.
ACCOUNTING FOR CREDIT HOUR REQUIREMENT
For face-to-face class:
Assignment/Assessment
In-class instruction
Assigned readings & sample
problems
57
Explanation
Time spent in class
Reading, note-taking, practicing sample problems,
etc.
Quizzes
15
Study time plus time to complete quizzes
Exams
17
Study time plus time to complete exams
Case Study/Comprehensive Problem
8
Multiple chapter assignment
Total hours
Clock Hours
37.5
134.5
For online class:
Assignment/Assessment
Clock Hours
Explanation
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ACC 102 FA14 Master
Online homework and activities
Assigned readings & sample
problems
57
Time spent on a variety of online learning tools
Reading, note-taking, practicing sample problems,
etc.
Quizzes
15
Study time plus time to complete quizzes
Exams
17
Study time plus time to complete exams
Case Study/Comprehensive Problem
8
Multiple chapter assignment
Total hours
37.5
134.5
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