Santa Monica College
Course Outline For
ACCOUNTING 31A, Excel For Accounting
Course Title: Excel For Accounting
Total Instructional Hours (usually 18 per unit): 54
Hours per week (full semester equivalent) in
3.00
Lecture:
Units: 3.00
In-Class Lab: 0
Arranged:
Date Submitted:
Date Updated:
Transferability:
IGETC Area:
CSU GE Area:
SMC GE Area:
May 2011
February 2015
Transfers to CSU
Does NOT satisfy any area of IGETC:
Does NOT satisfy any area of CSU GE:
Does NOT satisfy any area of SMC GE:
Degree Applicability:
Prerequisite(s):
Credit - Degree Applicable
ACCTG 1
or ACCTG 21
None
None
Students are expected to have a working knowledge of Windows
operating system.
Pre/Corequisite(s):
Corequisite(s):
Skills Advisory(s):
I.
II.
III.
Catalog Description
This course entails the detailed application of accounting principles using Excel.
Topics include creating professional worksheets, the use of formulas and functions,
charts, database, basic macros, and other Excel features with emphasis on accounting
as a financial analysis tool.
Examples of Appropriate Text or Other Required Reading: (include all publication
dates; for transferable courses at least one text should have been published within the
last five years)
1. ACCTG 31A - Excel for Accounting (Custom Book), Cengage, Cengage ©
2014, ISBN: ISBN 9781305304901
2. Microsoft Excel 2013. Microsoft, 2013 ed.
3. Microsoft Office 2013. Adobe Reader.
Course Objectives
Upon completion of this course, the student will be able to:
1. Apply fundamental features of Excel;
2. Create analytical and financial workbooks suitable for accounting
professionals;
3. Apply formulas and functions on various financial worksheets;
4. Create various worksheets including bank reconciliation, payroll registers,
aging reports, and other business reports;
5. Design charts and graphics using financial data;
6. Create, modify, and maintain Excel data list reports;
7. Create and test basic macros;
8. Sort data list records and filter data list records.
IV.
V.
Methods of Presentation:
Other (Specify) , Lecture and Discussion , Projects
Other Methods: Important material from the text and additional lectures not coming
from the book will be covered in this class. Classroom lecture, demonstration and
discussion introduce students to each new feature. There will be hands-on practice,
projects, and continued questions and answers with the instructor during the class to
familiarize students with each feature of the program. Weekly homework, projects, and
class participation will reinforce the features learned during class.
Course Content
% of
course
Topic
10%
Create a professional worksheet
10%
Create various types of charts
10%
Work with large worsheets and multiple worksheets
25%
Create various financial reports: payroll register, aging report, bank
reconciliation, financial statements, and depreciation report
20%
Create and customize basic and accounting functions and formulas
5%
Create templates, SmartArt, Screenshots, and graphics
5%
Create, modify, and maintain Excel data list
5%
Create basic macros and sign macros to images and buttons
10%
Import data from other external sources: Access, Notepad, Excel, and
more
100%
Total
VI.
Methods of Evaluation: (Actual point distribution will vary from instructor to
instructor but approximate values are shown.)
Percentage Evaluation Method
35 %
Exams/Tests - 2-3 Exams
10 %
Quizzes
15 %
Projects - Class Projects (Accounting Excel Projects)
10 %
Class Participation
30 %
Homework
100 %
Total
Additional Assessment Information:
(Actual percentages will vary from instructor to instructor but approximate values are shown.)
A = 90 – 100%
B = 80 – 89%
C = 70 – 79%
D = 60 – 69%
F = Below 60%
VII.
Sample Assignments:
Purpose: To demonstrate the ability to create financial statements by applying
various Excel features. Do your best with these instructions.
Instructions:
1. Following the concept we covered in this week lecture, you need to create the
financial statements with the information provided to you.
2. Once your project is completed, you should have the following worksheets;
1. Sheet 1 – Adjusted Trial Balance – the numbers from the trial balance
will be linked with the other worksheets (three financial statements);
2. Sheet 2 – Income Statement – all the amounts listed on the income
statements should be linked to the Adjusted Trial Balance. The net
income amount will be linked with the Statement of Owner’s Equity;
3. Sheet 3 – Statement of Owner’s Equity – All numbers used on the
Statements of Owner’s Equity must be linked from the Adjusted Trial
Balance except for the net income. (Note: Your beginning capital can
be found on the Adjusted Trial Balance. There are no investments for
this period). The total capital should be linked with the balance sheet
capital;
4. Sheet 4 – Balance Sheet –All the amounts listed on the Balance Sheet
should be linked to the Adjusted Trial Balance except for the Total
Capital as of June 30, 2010. Your total assets and the sum of the
Liabilities plus owner’s equity should balance out.
Purpose: To demonstrate the ability to create payroll by entering comprehensive
accounting formulas using the Excel features.
Instructions:
1. Using the data to given to you from the worksheet, complete the payroll
worksheet by entering the formulas that are missing on this worksheet.
2. Keep in mind that overtime is paid after 40 hours (1 ½ of the regular
rate). Make sure that you compute the proper overtime payment;
3. &ou are required to apply the “IF” functions on the Regular Pay column,
Overtime Pay column, AND all the other columns that were presented on the
additional class lecture;
4. You are expected to understand how the Social Security formula works before
completing the assignment. This formula requires the use of the IF function in
a more complex way. In addition, you are required to apply the Mixed
Formula Reference (Circular cell reference and the ABSOLUTE cell
reference formulas) in your formulas for the Social Security column and the
Medicare column using the rates from cells F5 (Social Security rate) and F6
(Medicare rate) ;
5. It is important that you test your formulas to make sure that your formulas are
working.
VIII.
Student Learning Outcomes
1. Given the proper accounting data, create financial statements and graphs that
are appropriately and accurately designed in Excel spreadsheets.
2. Given the proper business information, design financial forms and templates
using various financial formulas used by business entities.
3. Demonstrate a level of engagement in the subject matter that reveals their
understanding of the value of the course content beyond the task itself,
specifically as it relates to linking the relevance of course content to careers in
business and accounting and their personal lives.