DeKalb High School Accounting 101 – Syllabus Spring 2009 Course Information Teacher: Travis Thompson Course Number, Title, & Credit: ACC 101, Introduction to Accounting, .5 credit hour Prerequisites: You will need to have completed Algebra 1 with a C or better. Course Description In this course you will learn the basics of accounting. You will learn basic accounting terminology, T-charts, cash flows and how to balance a checkbook. This course is made for anybody that has thoughts of becoming an accountant. Instructor Information Classroom: 213 Business Office: 225 Phone Number: (817) 352-8976 E-Mail: twthomp@gmail.com Office Hours: I have planning period 3rd hour every day. You may stop by the classroom then for help. If I am not in the classroom I will be in the Business Office. I am also available before and after school, just let me know ahead of time when you plan on coming so I can be ready for you. High School Information Address: 1515 S. Fourth Street, DeKalb, IL 60115 Main Office Number: (817) 754-0012 Main Office Fax: (817) 754-5621 Attendance Office Number: (817) 754-2521 Textbook & other materials needed Textbook: Accounting: What the Numbers Mean, 8th edition By David Marshall, William W. McManus and Daniel Viele Publisher: Richard D. Irwin, Inc. Besides bringing your textbook to class every day, you will need to bring a calculator and a pen or pencil. Your calculator does not have to be a graphing calculator, but it may be if you have one available. Class Conduct Expectations Attendance policy: As your teacher I will be her everyday unless an emergency has happened and I am needed to attend. In doing so, I expect to see everyone here on a daily basis unless of an emergency. In such a case I will need proof of such emergency. If it is a funeral a note from a parent would be fine. If any type of doctor’s appointment has you not attending class, a doctor’s note will be acceptable. Having a note for any of the reasons above will get you the participation points you missed that day. In any case, letting me know ahead of time would be greatly appreciated. How the class will operate: Upon arriving to class I will hand out your participation rubric to see how you did last class and to also check and see what you need to improve on. After this, if there was homework from the night before we will then go over it after it is turned in. Following any questions you may have regarding the homework, we will take our notes for the day. If we get done with the notes early, the time is yours. However, you must still conduct yourself in a business like manor. Student Expectations: As high school students you are expected to come to class prepared and ready to learn. You need to arrive on time. You also need to conduct yourself in a business professional manor. You are expected to participate in class and answer questions when called upon. You can expect the same from myself. I will answer any questions to the best of my knowledge and if I do not know it then, I will find out for the next class period. Course Objectives The object of this course if for you to leave here with an understanding of basic accounting. I expect to get through three units this semester covering a variety of things from cash flows, checking accounts, and even t-charts. I want everyone to feel comfortable enough with the material that they can apply it in other accounting classes they may take down the road. Some of the information such as the checking account unit, will be helpful for the rest of your lives. Overall, I intend for everyone to leave this class with an understanding of what accounting is. Course Rationale I feel that after completing this course every student should understand how to balance a checkbook. They should also understand on what side each term goes on the t-charts. Finally, everyone should have an understanding if the accounting world is right for them. You should know if you like to work with numbers in accounting or if you might want to try a different business field out. Teaching Philosophy This is my first year teaching and want it to run as smoothly as possible. However, I know there will be many bumps in the road and hope everyone stays with me through them. I am an avid believer in learning hands on. In this class you can expect to participate in many group activities to take notes and describe your findings to the class. With that being said I understand that not everyone likes to talk in front of the class. I won’t always call on these people as long as they are paying attention. I want to create a friendly learning environment and have everyone enjoy this class. I wanted to become a business teacher because of a class very similar to this one that I took in high school. I believe that I am not the only teacher in this class; however, I am the main one. I believe that students learn from their peers just like they learn from the teachers. I hope everyone is ready to learn this semester and have a good time. I hope everyone appreciates my teaching style and likes the class. If you have any questions please feel free to talk to me at anytime. Grading Scale 90 – 100 - - - - - - A 89 – 80 - - - - - - - B 79 – 70 - - - - - - - C 69 – 60 - - - - - - - D 59 and below - - - F What you have at the end of the semester is what you receive on your report card. I do not round up at the end of the term. Example: If 89.5 is your final grade in the class, you will receive a B. Breakdown of grading scale Assignment 10 homework assignments @ 15 points each 5 Quizzes @ 25 points each Checkbook balance book Cash Flow internet paper 5 Tests @ 100 points each Participation: (4 points a day possible for a total of 288. If you are here every day and even if you do not receive all 4 points, you will receive 12 extra points to make it out of 300. ) TOTAL POINTS POSSIBLE Total Points Possible for Assignment 150 % of final grade 125 75 50 500 300 10.4% 6% 4.5% 41.6% 25% 1200 100% 12.5% Tentative schedule with due dates - Days where nothing is marked expect to takes notes on the chapter we are on. January: WEEK1: 5th --- Go over syllabus 6th --- Start of unit 1 9th --- Homework 1 introduced WEEK 2: 12th --- Homework 1 due! 16th --- Homework 2 introduced WEEK 3: 20th --- Homework 2 due! 23rd --- QUIZ # 1 WEEK 4: 30th --- Homework 3 introduced February: WEEK 6: 2nd --- Homework 3 due! 6th --- TEST # 1 WEEK 7: 13th --- Homework 4 introduced WEEK 8: 17th --- Homework 4 due! 18th --- Homework 5 introduced 19th --- Homework 5 due! 20th --- Homework 6 introduced WEEK 9: 23rd --- Homework 6 due! 27th --- QUIZ # 2 March: ` April: WEEK 10: 6th --- TEST # 2 9th --- Start of unit 2 WEEK 11: 13th --- Homework 7 introduced WEEK 12: 16th --- Homework 7 due! 18th --- Introduce checkbook project WEEK 13: 26th --- Project due! 27th --- QUIZ # 3 WEEK 14: WEEK 15: WEEK 16: WEEK 17: 3rd --- TEST # 3 6th --- Start of unit 3 7th --- Homework 8 introduced 8th --- Homework 8 due! 9th --- Internet paper introduced 10th-13th--- Easter Break! 14th-19th --- Spring Break! 21st --- Paper due! 22nd --- Homework 9 introduced 23rd --- Homework 9 due! 24th --- QUIZ # 4 28th --- Homework 10 introduced 29th --- Homework 10 due! ; QUIZ 5 May: WEEK 18: 1st --- TEST # 4 Finals week: 8th --- FINAL (test # 5) Learning Standards I. The Accounting Profession Achievement Standard: Understand the role that accountants play in business and society. Achievement Standard: Describe career opportunities in the accounting profession. Achievement Standard: Demonstrate the skills and competencies required to be successful in the accounting profession and/or in an accounting-related career. II. Financial Reports Achievement Standard: Develop an understanding and working knowledge of an annual report and financial statements. III. Financial Analysis Achievement Standard: Assess the financial condition and operating results of a company and analyze and interpret financial statements and information to make informed business decisions. IV. Accounting Applications Achievement Standard: Identify and describe generally accepted accounting principles (GAAP), explain how the application of GAAP impacts the recording of financial transactions, and the preparation of financial statements. V. Accounting Process Achievement Standard: Complete the steps in the accounting cycle in order to prepare the financial statements. VI. Interpretation and Use of Data Achievement Standard: Use planning and control principles to evaluate the performance of an organization and apply differential analysis and present-value concepts to make decision. VII. Compliance Achievement Standard: Develop a working knowledge of individual income tax procedures and requirements to comply with tax laws and regulations. From the National Standards for Business Education © 2007 by the National Business Education Association, 1914 Association Drive, Reston, VA 20191.