Oklahoma State University Institute of Technology
Face-to-Face Common Syllabus
Spring 2016
Acct 2103 Financial Accounting
Basic accounting concepts for a sole proprietor and a corporation. The accounting cycle and
financial statements preparation. Inventory and depreciation methods.
Type of course: Theory
Credit Hours: Total hours of theory per semester: 48_
Total hours of lab for the semester: 0 Total hours of clinical per semester: 0
Class length - Full Semester
Class days and times: Monday, Wednesday, Friday
Prerequisites: None,
Instructor Name: Jewell Stacy
Office: NCAT Suite 212 B
Instructor email: jewell.stacy@okstate.edu
Contact: My preferred method of contact is email. Please allow 24-48 hours to return your
correspondence during the normal workweek.
Instructor's Office Hours: MW 11:30-12:25 & 1:30 – 2:30 pm
For arranged appointments email to set up a date and time
Division Name: ARTS AND SCIENCES
Division’s Main Phone: 918-293-4768
REQUIRED TEXT, REFERENCES, AND MATERIALS
Texts: Financial and Managerial Accounting, Warren, Reeve, Duchac, 13e
Student copy ISBN #978-1305516717 With Access Code
(It is a savings buying the book with access code from the bookstore rather than buy the book from an
outside sources and purchasing the access code separately...)
References:
Materials:
None
Materials needed: including notebooks, writing utensils-pencils, project
supplies, data storage devices and other materials needed as requested by
instructor
Uniform/Tools: N/A
Estimated Cost for Materials: Textbook range approximately $300.00, notebook, paper,
writing utensils and storage media $15.00 -35.00
Estimated Cost for Uniform/Tools: N/A
Updated: January 4, 2016
Page 1 of 12
Upon completion of the course, students should:
Course Objectives
10.1 Prepare general journal entries for
service, merchandising, and manufacturing
corporations.
10.2 Analysis inventory and use inventory and
cost of goods sold or cost of merchandise sold
in financial statements.
10.3 Prepare a multi-step Income Statement
for service, merchandising, and manufacturing
corporations.
10.4 Prepare a statement of Retained Earnings
for service merchandising, and manufacturing
corporations
10.5 Prepare a Balance Sheet for service,
merchandising, and manufacturing
corporations.
1. To make the course an enjoyable and
successful learning experience for all
students.
Acct
2103
Assessment of
Objectives
I (I,II)
Exams, in-class work,
homework
I (I, II)
Exams, homework
I (I,II)
Exams, homework
I (I, II)
Exams, homework
I (I, II)
Exams, homework
In class discussion
COURSE ACTIVITIES
In this, course students will:
 Participate in class discussions and activities.
 Participate in discussions of readings…
 Participate in Classroom activities, booth written and oral.
 Participate in group and individual presentations or group work as required
 Take examinations & May be required to do quizzes.
 Complete reading assignments and work
EVALUATION - GRADES WILL BE BASED ON THE QUALITY AND COMPLETION
OF THESE TASKS:
Items .................................................
Practice Exercises ...............................
Continuing & Comprehensive Prob. ...
Homework...........................................
Class Participation and group work 100pts each
Total ........................................
Totals
120
500
500
100
1220
Percentage
9.8%
41%
41%
8.2% (2.22 Pts per class)
100.0%
OSUIT
Grading Scale
A = 90%-100%
B = 80%-89%
C = 70%-79%
D = 60%-69%
F = 59% & below
(Bonus points given for community service projects and email assignments)
Points given for daily/group work will be added on day assigned. Daily or group in
Class assignments cannot be made up.
Updated: January 4, 2016
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INSTRUCTOR’S POLICY ON LATE WORK
All assignments must be turned in by the due date specified with each assignment. Late work is
not accepted. Be sure all assignments are completed uploaded/turned in by the deadline of the
assigned due date to receive credit. It is up to the student to plan his or her time so assignments
will be submitted on time--this includes planning for technical difficulties such as problems with
the computer, Internet Service Provider, Cengage, or Desire2Learn. If the student waits until
near the deadline and does experience such difficulties, the work is late and will receive a zero.
The most successful students are those who regularly set aside a time to devote to their class
each week. There will not be extra credit in this course, so it important to keep up with all due
dates. In addition, there will be no makeup exams. If a student misses an exam, it will result in a
zero for that exam.
It is recommended you not wait until the due date to try to rush through one or more
assignments, projects, quizzes, or exams as the deadline is approaching. The due date is not the
day you should first attempt an assignment or a week’s worth of assignments; it is the last
possible time you will be allowed to submit your assignment(s). Plan ahead/work ahead-this will give you some flexibility when “life” occurs (sick child, forgot about assignment, family
crisis, called in at work, holidays, etc.). If you choose not to work ahead, when “life” happens,
you will get a zero on the assignment because you missed the due date and time.
Daily and/or weekly quizzes, small weekly assignments and similar type projects: Normal return
time to student by next class meeting or no later than one (1) week.
Extensive assignments, large lab projects, extensive quizzes, exams and similar type projects:
Normal return time to students in one (1) to two (2) weeks.
AUTHORIZED TOOLS
Students may use any/all course materials, including books and notes, while participating in
classroom activities. All quizzes and written assignments are to be completed independently; no
collaboration with classmates is permitted and any instance of such will be considered academic
dishonesty.
TESTING
No collaboration with classmates is permitted and any instance of such will be considered
academic dishonesty.
UNIVERSITY & COURSE EXPECTATIONS
It is the responsibility of each OSUIT student to read, abide by and maintain a copy of the
syllabus for this course. Syllabi are available on the OSUIT website.
Students understand that excerpts or portions of their work may be utilized for institutional
assessment purposes. The purpose of institutional assessment is for verification of student
learning and program improvement. Every effort will be made to keep this information
confidential.
Updated: January 4, 2016
Page 3 of 12
AMERICANS WITH DISABILITIES ACT (ADA)
According to the Americans with Disabilities Act, each student with a disability is responsible
for notifying the University of his/her disability and requesting accommodations. If you think
you have a qualified disability and need special accommodations, you should notify the
instructor and request verification of eligibility for accommodations from the Office of
Academic Accommodations/LASSO Center. Please advise the instructor of your disability as
soon as possible, and contact The LASSO Center, located in the Noble Center for Advancing
Technology – NCAT, top floor, and 918-293-4855 to ensure timely implementation of
appropriate accommodations. Faculty has an obligation to respond when they receive official
notice of a disability but is under no obligation to provide retroactive accommodations. To
receive services, you must submit appropriate documentation and complete an intake process
during which the existence of a qualified disability is verified and reasonable accommodations
are identified. (Fall 2013)
ACADEMIC DISHONESTY
Academic dishonesty or misconduct is neither condoned nor tolerated at OSUIT. Any student
found guilty of academic dishonesty or misconduct shall be subject to disciplinary action.
Academic dishonesty and/or misconduct includes, but is not limited to, the following actions:
(1) Plagiarism: the representation of previously written, published, or creative work as one’s
own; (2) Unauthorized collaboration on projects; (3) Cheating on examinations; (4)
Unauthorized advance access to exams; (5) Fraudulent alteration of academic materials; (6)
Knowing cooperation with another person in an academically dishonest undertaking.
ACADEMIC DISHONESTY CONTINUED
Students are required to actively protect their work against misuse by others. For details, refer to
The OSUIT Student Handbook (Student Rights and Responsibilities Governing Student
Behavior) available online at
http://www.osuit.edu/academics/forms/student_rights_responsibility.pdf.
ATTENDANCE POLICY FOR FACE-TO-FACE COURSES
A primary component of OSUIT's Mission is “to prepare and sustain a diverse student body as
competitive members of a world-class workforce.” Regular and consistent attendance not only
aids in academic success, dependable attendance is a requirement in today's real-world
employment; therefore, regular and consistent attendance is a requirement in all OSUIT courses.
Definitions: Absent failing to attend all or a significant portion of a class or lab session.
A. Students may not be marked as absent if missing class for situations such as, but not
limited to
1. participating in a required university activity such as a field trip;
2. fulfilling a military obligation;
3. a mandatory court appearance;
4. death in the immediate family;
5. extreme illness or accident to oneself or immediate family. Instructors, at
their discretion, may require proof of such events.
B. It is the responsibility of the student to contact and inform the instructor and/or
department in advance of such excused absences whenever possible.
Tardy: Arriving late to class as defined by the individual class instructor. Faculty, at their
discretion, may equate three tardies to equal one absence.
Updated: January 4, 2016
Page 4 of 12
Procedures:
Early Intervention
A. Any student, who misses 10% of an individual course (or earlier at faculty
discretion) during a regular fifteen-week semester, or the equivalent portion of time
in a shorter session, will have their name submitted by that course instructor to the
OSUIT Early Alert System for retention intervention.
B. At the point the Early Alert is issued, the student must meet with their assigned
faculty advisor or designated faculty/staff member within seven (7) academic
calendar days for counseling on how to improve their attendance and academic
success.
Excessive Absences
A. The University reserves the right to administratively withdraw any student from an
individual course who misses 20% of that course, whether excused or unexcused,
and, in the opinion of the instructor, the student does not have a reasonable
opportunity to be successful in the course.
B. Students should be aware any of the following may impact their financial aid:
1. being administratively withdrawn from a course
2. dropping a course
3. their last date of attendance in a course
Please see OSUIT Policy 2-021 for full details and procedures.
STUDENT’S PERFORMANCE ACTIVITIES:
Many students find this first accounting course difficult. Historical experience indicates that
only about 70% of the individuals enrolled as of the first week of class successfully complete the
course. This is most unfortunate since failure to complete is costly to both students and the
Oklahoma taxpayers that subsidize public education. A great deal of self-discipline on your part
is necessary in order to master the course content. The content is cumulative; that is, if a student
fails to learn any piece of material, this failure will virtually insure failure to learn any piece of
material; this failure will virtually insure failure to learn nearly all-subsequent material. In order
to achieve the general objectives of this course, it is the student’s responsibility to keep up with
work assigned.
Updated: January 4, 2016
Page 5 of 12
Week
1
Date
Jan. 6
Jan. 8
Day
Daily Work
Wed.
Course syllabus, D2L
Rm 307 quiz on-line
Explain BookAssignments
Cengage Setup
PowerPoint Chapter 1
Fri.
Rm 307
Introduction to Accounting
Handouts
(Working Thru Practice
Exercises will help with
Assignments! Pages 29-32
They are short and you have
examples in chapter to assist
you)
2
Jan. 11
PowerPoint Chapter 2
Mon.
Rm 202 Analyzing Transactions
Jan. 13
Computer Lab
Wed.
Rm 307 “Assignment assistance –
you must work outside
the classroom to
complete work to turn in
when it is due”
Jan. 15
Computer Lab
Fri.
Rm 307 Assignment assistance
Assignments
Must have Books and
Code for Cengage Now.
Supplies, Pencil/Paper
Read Chapter 1 take quiz
in D2L Due Jan. 6, by
11:59 pm CST
Math Review & How to
use Cengage
Practice Exercises for
Chapter 1
Chapter 1 HW # 1
Exercises Page 32: 1-1,
Page 33: 1-3, 1-4, 1-6,
Page 35: 1-13
Page 39, Problem 1-1A
All Due by Sunday
1/10@ 11:00 p.m. CST
Read Chapter 2
Practice Exercises for
Chapter 2
Chapter 2 HW #1
Exercises 2-3, 2-4, 2-5,
2-6, 2-7, 2-8, 2-9, 2-13, 214, 2-15, 2-18, 2-24
Chapter 2 HW #2
Problems 2-2A &
Problem 2-3A
Chapter 2 HW #3
Continuing Problem
All Due by Sunday
1/17@11:00 pm CST
Read Chapter 3
Updated: January 4, 2016
Page 6 of 12
Week
3
4
Date
Day
Jan. 18
Mon.
Martin Luther King Day
No Class
Jan. 20
Wed.
Rm.
307
Jan. 22
Fri
Rm 307
Jan. 25
Mon.
Rm 202
Jan. 27
Wed.
Rm 307
Jan. 29
Fri.
Rm 307
Updated: January 4, 2016
Daily Work
Assignments
PowerPoint Chapter 3
The Adjusting Process
Practice Exercises for
Chapter 3.
Available on-line D2L
Chapter 3 HW #1
Exercises 3-1, 3-2, 3-3, 3“Assignment assistance – 6, 3-8, 3-10, 3-13, 3-15, 3you must work outside the 18, 3-23, 3-26, 3-29
classroom to complete
Chapter 3 HW #2
work to turn in when it is
Problem 3-1A,
due”
Chapter 3 HW #3
Assignment assistance
Problem 3-5A
Chapter 3 HW #4
Continuing Problem
All work Due Jan. 24, @
11:00 pm CST
Read Chapter 4,
PowerPoint Chapter 4
Practice Exercises for
Completing the Accounting Chapter 4.
Cycle
Chapter 4, HW #1
Exercises 4-1, 4-2, 4-3, 45, 4-6, 4-8,
Computer Lab
Chapter 4, HW #2
“Assignment assistance –
you must work outside the Exercises 4-9, 4-12, 4-13,
4-20
classroom to complete
Chapter 4, HW #3
work to turn in when it is
Problem 4-5A
due”
Chapter 4 HW #4
Computer Lab
Continuing Problem
Assignment assistance
Chapter 4, HW #5
Comprehensive Problem
All Due Jan. 31, @ 11:00
pm CST
Read Chapter 5
Page 7 of 12
Week
5
5
6
Date
Feb. 1
Feb. 3
Day
Mon.
Rm 202
Daily Work
PowerPoint Chapter 5
Accounting for
Merchandising Businesses
Computer Lab
Wed.
Rm 307 “Assignment assistance –
you must work outside the
classroom to complete
work to turn in when it is
due”
Computer Lab
Assignment assistance
Feb. 5
Fri.
Rm 307
Feb. 8
PowerPoint Chapter 6
Mon.
Inventories
Rm 202
Feb. 10
Computer Lab
Wed.
Rm 307 “Assignment assistance –
Feb. 12
Updated: January 4, 2016
Fri.
Rm 307
you must work outside the
classroom to complete
work to turn in when it is
due”
Computer Lab
Assignment assistance
Assignments
Practice Exercises for
Chapter 5.
Chapter 5, HW #1
Exercises 5-1, 5-2, 5-3, 5-4,
5-5, 5-7, 5-8, 5-9, 5-10, 511, 5-13,
Chapter 5, HW #2 5-16, 517, 5-18, 5-19, 5-20, 5-21,
5-23, 5-24, 5-25, 5-27, 5-28
Chapter 5, HW #3
Exercises 5-29, 5-30,
Problem 5-3A
Chapter 5, HW #4
Problem 5-A
Chapter 5, HW #5
Comprehensive Problem
Chapter 5, HW #6
Problem 5-6A
Chapter 5, HW #7
Problem 5-10B
All Due Feb. 7, @ 11:00
pm CST
Read Chapter 6
Practice Exercises for
Chapter 6.
Chapter 6 HW #1
Exercises 6-3, 6-4, 6-7,
6-8, 6-9,6-10, 6-11, 6-12
Chapter 6, HW #2
Exercises 6-13, 6-14, 615, 6-16, 6-17, 6-21,
Problem 6All Due Feb. 14, @
11:00 pm CST
Page 8 of 12
Week
7
8
Date
Feb. 15
Day
Daily Work
Chapter 6 Continued:
Mon.
Rm 307 Computer Lab
“Assignment assistance”
Chapter 6 Continued:
Computer Lab
“Assignment assistance –
you must work outside the
classroom to complete
work to turn in when it is
due”
Computer Lab
“Assignment assistance
Feb. 17
Wed.
Rm 307
Feb. 19
Fri.
Rm 307
Feb. 22
PowerPoint Chapter 7
Mon.
Rm 202 Sarbanes-Oxley, Internal
Control, and Cash
Feb. 24
9
Computer Lab
Wed.
Rm 307 “Assignment assistance –
you must work outside the
classroom to complete
work to turn in when it is
due”
Computer Lab
Assignment assistance”
Feb. 26
Fri.
Rm 307
Feb. 29
PowerPoint Chapter 8
Mon.
Rm 202 Receivables
March 2
Computer Lab
Wed.
Rm 307 “Assignment assistance”
Computer Lab
Fri.
Rm 307
March 4
Assignments
“Assignment assistance –
you must work outside the
classroom to complete
work to turn in when it is
due”
Chapter 6 HW #3
Problem 6-2A, Problem
6-3A
Chapter 6 HW #4
Problem 6-5A
Chapter 6 HW #5
Problem 6-6A
All Due Feb. 21, @
11:00 pm CST
Read Chapter 7,
Practice Exercises for
Chapter 7.
Chapter 7 HW #1
Exercises 7-12, 7-13, 716, 7-17, 7-18, 7-19, 720, 7-22
Chapter 7 HW #2
Exercises 7-23, 7-24, 728, Problem 7-2A
Chapter 7 HW #3
Problem 7-3A
All Due Feb. 28, @
11:00 pm CST
Read Chapter 8
Practice Exercises for
Chapter
Chapter 8 HW #1
Exercises 8-3, 8-4, 8-5,
8-6, 8-8, 8-10, 8-11
Chapter 8 HW #2,
Exercises 8-13, 8-16, 818, 8-22, 8-23,
Chapter 8 HW #3
Problems 8-1A, 8-3A
Chapter 8 HW #4
Problem 8-5A
All Work Due March 6, @
11:00 pm CST
Read Chapter 9
Updated: January 4, 2016
Page 9 of 12
Week
10
Date
March 7
Day
Daily Work
PowerPoint Chapter 9
Mon.
Rm 202 Fixed Assets and
Intangible Assets
March 9
March 11
Computer Lab
Wed.
Rm 307 “Assignment assistance –
Fri.
Rm 307
you must work outside the
classroom to complete
work to turn in when it is
due”
Computer Lab
Assignment assistance
Assignments
Practice Exercises for
Chapter 9.
Chapter 9 HW #1
Exercises 9-1, 9-3, 9-6,
9-8, 9-12,
Chapter 9 HW #2
Exercises 9-16, 9-18, 919, 9-20, 9-24,
Chapter 9 HW #3
Problem 9-2A,
Chapter 9 HW #4
Problem 9-3A
All Work Due March
20, @ 11:00 pm CST
Read Chapter 10
Spring Break March 14 - 18
11
March 21,
PowerPoint Chapter 10,
Mon.
Rm 202 Current Liabilities and
Payroll
March 23
March 25
Updated: January 4, 2016
Computer Lab
Wed.
Rm 307 “Assignment assistance –
Fri.
Rm 307
you must work outside the
classroom to complete
work to turn in when it is
due”
Computer Lab Room 102
“Assignment assistance
Practice Exercises for
Chapter 10.
Chapter 10 HW #1
Exercises 10-1, 10-2, 104, 10-5, 10-6, 10-8, 1010-10, 10-11
Chapter 10 HW #2
Exercises 10-16, 10-17,
10-20, 10-21, 10-23,
Problem10-1A
Chapter 10 HW #3
Problem 10-2A
Chapter 10 HW #4
Problem 10-5A
All Due March 27, @
11:00 pm CST
Page 10 of 12
Week
12
Date
March 28
March 30
April 1
13
April 4,
Day
PowerPoint Chapter 11
Mon.
Rm 202 Corporations:
Wed.
Rm 307
Fri.
Rm 307
Mon.
Rm 307
Wed.
Rm 307
April 6
April 8
14
April 11
Daily Work
Organization, Stock
Transactions, and
dividends
Computer Lab
“Assignment assistance
Computer Lab
“Assignment assistance
Chapter 11 Continued
Computer Lab
Assignment assistance
Assignment Assistance
Assignment Assistance
Fri.
Rm 307
PowerPoint Chapter 12
Mon.
Rm 202 Long Term Liabilities:
Bonds and Notes
Chapter 10 HW #5
Comprehensive Problem
Practice Exercises for
Chapter 11.
Chapter 11 HW #1
Exercises 11-1, 11-3, 114, 11-10, 11-12
All Work Due April 3,
@ 11:00 pm CST
Chapter 11 HW #2
Exercises 11-16, 11-17,
11-19, 11-20,11-22, 1123, 11-25,
Chapter 11, HW #3
Problem 11-1A
Chapter 11, HW #4
Problem 11-3A
All Work Due April 10,
@ 11:00 pm
Read Chapter 12
Chapter 12, HW #1
Exercises 12-1, 12-5, 12-6,
12-7, 12-9, 12-11, 12-15,
12-16, 12-19, 12-21,
Chapter 12, HW #2
Problem 12-2A
Computer Lab
Wed.
Chapter 12 HW #3
Rm 307 “Assignment assistance
Problem 12-6A
All work Due April 17,
April 15
Fri. Rm Computer Lab
@ 11:00 pm CST
307
Final Projects
April 18
Mon.
All Work is NOW DUE
April 20
Wed.
Last Day of the Semester
Graduation
April 22
Fri.
Schedule is subject to change at Instructor’s discretion.
April 13
15
Assignments
Updated: January 4, 2016
Page 11 of 12
NOTES PAGE
Updated: January 4, 2016
Page 12 of 12