Accounting 1 – Course Syllabus, Spring – 2015 Section # 0562 - Tuesday &Thursday - from 3:00pm to 5:30pm - Room Bus 3218 INSTRUCTOR: A. Partington, Professor/CPA - Telephone: 818-710-4388; - e-mail: partina@piercecollege.edu - Office: Bus 3213A - Hours: Before/after each class and by appointment. REQUIREMENTS: Text: - Financial Accounting, 8th Edition Chapters 1-13 – Libby, Libby and Short. Connect Access code is included with your text (if purchased in campus book store), access to computer, printer internet, calculator (only basic four functions), and six (6) Scan Tron Forms #882. STUDENT LEARNING OUTCOMES: 1. 2. 3. 4. Construct a worksheet and prepare financial statements. Prepare bank reconciliation and compose any necessary journal entries. Calculate the cost of inventory under the various cost principles. Compute depreciation, depletion and amortization for the assets of a company. CLASS ETIQUETTE: Taping of lecture is allowed with permission. Technical devises, such as cell phones must be turned off. Do not send or read text messages/e-mails in class or leave class to use technical devises. Hoodies should not be worn over ears and ipods not in ears during class. Three points will be deducted from your total points, after first warning, and each time thereafter. COURSE STRUCTURE: Class time will be divided between lecture, discussing and demonstrating the assigned coursework. In order to get a basic understanding of the class lectures, students should have read the assigned chapter(s) prior to class. Systematic preparation for each class is an absolute must for success. Bring Chapter text, pencils and pens along with calculator to each class. ATTENDANCE: After the first week of class a seating chart will be made and attendance will be taken with verification by your student ID with picture. If you are not present when attendance is taken you will be marked absent. Early leaves and extended breaks will be counted as a full absence (no exceptions). Absences of more than 5 class hours for the semester will result in a reduction of one point for each class hour missed, and be considered in determining your overall points. If you miss a class, it is your responsibility to turn in assignments on time, obtain accurate notes and information from a classmate and download any information posted on my Pierce webpage. It is your responsibility to drop any class. After the census date, I will not automatically drop students who stop attending class. Students should never rely on the instructor to drop them. However, advise me if you drop my class. EXAMINATIONS: Semester exams will be given during the regularly scheduled class periods. There are NO make ups of semester exams or the final exam. The lowest exam score of the five semester exams given (including a missed exam) will be eliminated. However, the final exam score will be counted. Exam questions will be multiple-choice. Scan Tron Form #882, pencil, eraser and simple calculators are needed. Cell phones, etc. and advanced calculators cannot be used on the day of the exams. Scores will be posted 2 school days after exams are given. You must take the exams on day and times scheduled and have your student ID with picture to be given an exam – no exceptions. HOMEWORK: Assignments, points assigned and completion dates will be given via my Pierce web page. The assignments will require you to access the publisher’s on-line material that requires an internet password, which is included with the purchase of the course material from Pierce campus book store. Extra points will be added after final examination to determine final course grade. GRADING: The final grade in the course will be based on the total points from the semester exams, final exam, Home work, attendance, tardiness, preparedness; attitude (including talking with fellow students in class or failing to turn off technical devises) will influence the final course grade. Cheating on any examination will result in an automatic failure for the exam and subsequent disciplinary action by the College. Your overall grade for the course will be based on the following maximum points: Semester exams=4 highest scores @ 100 points each. 400 Homework=50 points determined as a % of total points assigned (any points earned above 50, will be considered extra credit) Final examination Total points 50 150 600 Minimum points for: A=540 points; B=480 points; C=420 points; D=360 points If you have a learning, attention or physical disability that may require classroom or testing accommodations, let me know as soon as possible. If you have not already done so, register with Special Services. Verification from Special Services is required before any classroom or testing accommodation can be made. ACCESS: FINANCIAL If you need help paying for books and other college expenses, call the Financial Aid Office at (818) 719-6428 or see them in the College Services Building. AID: (http://www.piercecollege.edu/offices/financial_aid) Course Schedule (ignore Appendix unless told otherwise) Week 1-2 3-4 4 5 6 6 7 8 9 9 10 10 11-12 13 13 14 15 15 16 Chapters Numbers Chapter 1 Chapter 2 Exam 1 Chapter 3 Chapter 4 Exam 2 Chapter 5 Chapter 6 Exam 3 Chapter 7 Chapter 8 Exam 4 Chapter 9 Chapter 10 Exam 5 Chapter 11 Chapter 12 Chapter 13 Final Exam Important Dates: M Chapter Subjects & Activities Financial Statements and Business Decisions Investing and Financing Decisions Chapter 1 & 2 Operating Decisions and Accounting Systems Adjustments, Financial Statements, and Quality of Earnings Chapters 3 & 4 Communicating and Interpreting Accounting Information Reporting and Interpreting Sales Revenue, Receivables and Cash Chapters 5 & 6 Reporting and Interpreting Cost of Goods Sold Reporting and Interpreting Property, Plant and equipment, Intangibles and Natural Resources Chapters 7 & 8 Reporting and Interpreting Liabilities Reporting and Interpreting Bonds Chapters 9 & 10 Reporting and Interpreting Owner’s Equity Statement of Cash Flows Analyzing Financial Statements Chapters 1 thru 13 February 9, 2015 February 16, 2015 February 22, 2015 March 31, 2015 April 4 thru 10, 2015 May 7, 2015 May 25, 2015 May 28, 2015 Class begins Presidents Birthdays - College Closed Last day to Drop without a “W” Cesar Chavez - College Closed Spring Break – No Classes Last day to drop with a “W” Memorial Day – College Closed Last day of instruction Final Examination (You must take the final exam on day and time scheduled.) Section 0562 Tuesday - 06/02/15 @ 2:15pm to 4:15pm In Case of Emergency: When on campus, call 818 710-4311 818 710-4311 for immediate response from the Campus Sheriff. Do not call 911, as this will result in a substantial delay. Please program the Emergency Sheriff’s number into your cell phone contacts.