Mount Olive High School
Course Syllabus
Accounting II Honors
2015-16
Important Note: This syllabus is tentative and is subject to change at the
instructor’s discretion.
Instructor: Dave Silverstein
Office Hours:
After school upon request. Please provide me with at least
one-day notice. Note that there will be no after school help
during soccer season.
Number: (973) 927-2208 ext: 7642
Phone
E-mail:
Dsilverstein@mtoliveboe.org
Room Number: OBR
Block Assignment: 5D
My Teaching Philosophy:
My teaching philosophy is to add value to EVERY STUDENT, EVERY DAY. In
Corporate America, companies talk about adding value to their products and
services. Companies are well aware of the importance of continuous progress.
I feel that this approach should be applied in education as well.
I teach each class with the objective of adding value to every student. Of
course, each student has his or her own capabilities, interest and learning style.
I feel that it is my role to tailor classes so that each student will benefit in some
way. One way that I accomplish this is to gather each student’s objectives and
other information at the start of the semester. I then incorporate this information
in my lesson plans. During the semester, I gather feedback from the students,
and if necessary, adjust my plans immediately.
I feel that this “student value added” approach will help both my students reach
their full potential.
REQUIRED TEXT: Accounting, Warren, Reeve, Duchac, 24th Ed.
RECCOMENDED FINANCIAL CALCULATER: Hewlett Packard 17-B II+
Students will be distributed calculators for in-class assignments; however, it is
highly recommended that students purchase their own calculator, for they are
certain to use them in college and out in the field.
Mount Olive High School
Course Syllabus
COURSE DESCRIPTION/COURSE OBJECTIVES:
This course will help students to understand Accounting as a powerful economic
measurement and information system essential to the business decision-making
process. This course will provide the student with an in-depth study of detailed
accounting systems, controls and financial reporting.
TEACHING METHODOLOGIES:
1. Lectures
2. Assigned Reading
3. Hands on cooperative or individual problems
4. Class Discussions
5. Exams
RESOURCES:
In addition to the textbook, students are expected to stay abreast of current
business/economic trends. This requirement can be satisfied by reading the Wall
Street Journal and/or New York Times business section. These publications are
available at the library. The student is also expected to use the Internet,
whenever feasible, for research.
Advice on learning Accounting:
Accounting is difficult to learn solely from a textbook. It is extremely
important that students attend class in order to master the concepts. Of
course, if a student misses a class, (s)he is expected to submit any past due
assignments the day they return. See the rules and procedures handout.
If you want to succeed in this course, remember that Accounting is not
spectator sport. Many students are able to ace other classes by memorizing
facts and restating them on an exam. This strategy will not work with
Accounting. Think of Accounting as a system that compiles business events.
The system then goes to work by applying generally accepted accounting
principles to these events. The end result is relevant financial information. No
two businesses have the exact same events. It would be impossible to
memorize how to account for every single business event. The only way to
learn Accounting is to work with and master the system. When you
understand the system, you can handle any event, and you will do well in this
class.
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Mount Olive High School
Course Syllabus
Finally, You Can’t expect to learn Accounting without doing Accounting, any
more than you could learn to swim without getting in the water. You have to
take an active role, making use of your chief resources: Your instructor, your
fellow students, your textbooks, your financial calculators, and the Internet.
I wish you well with your venture into Accounting.
EVALUATION:
Exams
Quizzes
Homework
45%
40
15%
COLLEGE LEVEL EXAMINATION PROGRAM (CLEP): At the end of the year,
the A2H class sits for the CLEP exam in Accounting Principles. The CLEP
is developed and administrated by the College Board. Students with a
cumulative grade point average of “B-“ or better are strongly encouraged
top sit for the CLEP exam. The CLEP can be substituted for the final. The
College Board recommends that passing students be awarded six college
credits in basic Accounting. I will mention passing scores in college
recommendation letters.
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Mount Olive High School
Course Syllabus
COURSE CONTENT/TENTATIVE COURSE SCHEDULE (The time allocated to
each will vary) :
Topic
1
Topic
Class Introduction
Review of Accounting I
2
Fundamental Accounting principles and
Accruals and Deferrals
3
Internal Controls, Professional Ethics, and the
Sarb Oxley Act
4
Accounting for Merchandising Businesses
5
Accounting and the Time Value of money
6
Cash
7
Receivables
8
Inventories
9
Fixed Assets
10
Current Liabilities
Accounting for Partnerships and LLCs
11
Accounting for Corporations-Basic concepts
12
Accounting for Corporations-Intermediate
concepts
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Mount Olive High School
Course Syllabus
13
Accounting for Bonds
14
Fair Value Accounting
Accounting for Investments
15
Comprehensive Income Statement
15
Statement of Cash Flows
16
Introduction to Financial Analysis
17
Review for CLEP exam
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