SOUTH DAKOTA STATE UNIVERSITY
COLLEGE OF AGRICULTURE AND BIOLOGICAL SCIENCES
DEPARTMENT OF ECONOMICS
ACCT 211 – PRINCIPLES OF ACCOUNTING
SUMMER, 2013
Instructor: Dr. Curt Gustafson, Ed.D.,
CPA
Office: 135 Scobey Hall
Phone:
Office: 688-4850
Home: 692-9650
Econ Dept: 688-4141
Email: D2L email
Office Hours: None Scheduled
Required:
1. Text: Accounting Volume II,
Warren, Reeve, Duchac, 24th Ed.
2. CNOW.
Class meets:
Sect. 1D: Online
Catalog Description: A continuation of Acct 210 with emphasis on partnership and corporate
structures, management decision-making, cost control, and other selected topics.
Course Description: The first part of this course is a continuation the study of basic financial
accounting principles started in the first semester. Managerial accounting concepts are covered
in the latter part of the course. These concepts include procedures necessary to provide
information used in making informed decisions in managing the daily operations of a business
and controlling costs.
Course Objectives: Upon completion of this course the student should be able to:
1.
2.
3.
4.
5.
Be able to account for equity transactions related to partnerships and corporations.
Be able to account for investments and long-term liabilities.
Understand and be able to prepare a statement of cashflows.
Be able to conduct basic financial statement analysis.
Understand basic accounting methods used to provide information for managing daily
operations of a business including controlling costs.
Learning methods:
Reading – It is expected the assigned chapters in the text will be read as necessary to
complete the assigned homework.
Videos – Narrated power point slides should be valuable tool to supplement the textbook
reading and as a help in completing the assigned homework. These videos, prepared by the
textbook publisher can be found in the content area of this course. I would also recommend
Susan Crossan’s videos on YouTube. She has posted over 100 short videos on solving financial
accounting problems.
Discussion – Regular postings to a discussion board will not be a requirement of the
course due to the nature of the material covered. At the same time you are encouraged to use the
discussion board to post questions to your classmates. You are also encouraged to answer any
questions that your classmates may post to the discussion board.
Homework Problems – Completing homework is essential if you want to learn the
material of this course. All graded homework will be completed in CNOW. Additional
ungraded or “practice” assignments are also available in CNOW. There is a homework
assignment for each of the ten chapters we will cover in this course. The due dates for the
homework assignments can be found in a schedule included in this syllabus. These assignments
and due dates can also be found in our CNOW course.
Website – The publisher has provided additional learning tools for this text. These tools
can be accessed at Student Resources. Many of these are also available in our course in D2L.
Chat – I am also leaving the chat feature of D2L enabled for those who like to participate
in synchronous discussion. I am not planning to be in the chat room at any specified time.
Please email me with a request to enter the chat room at a specified time if you would like to chat
with me.
Course Requirements & Assessment: Your mastery of the course objectives will be assessed
using the following methods.
Student Profile – complete your student profile in D2L. Find yourself in the classlist and
update your profile. Most of the information will be optional. You will receive 5 points for
completing your profile if you include the following information:
Contact info section – enter your phone number.
Education and work section – enter the name of your university.
About me section – future goals – stae your major, minor and career objective. All other
info on the homepage will be optional.
The profile must be completed by midnight, Tues, May 8th if you want to receive the 5 points for
this assignment.
Homework –There are a total of 11 graded homework assignments in our CNOW course.
There is one graded homework assignment for each of the 10 chapters we cover in this course
plus there is one assignment covering CNOW. Each is worth a maximum of 10 points. Your
best 10 homework assignment grades (you get to drop one homework assignment grade) will be
used in the determination of your course grade.
Exams – Five exams have been scheduled for this course. These exams are found in the
“Quizzes” section of D2L. Please see your homework schedule for the days and times of these
exams. The exams will be available and must be taken between noon and 11:59 PM on the day
scheduled. You must use Respondus Lockdown Browser to access and take these exams. These
exams are NOT open note/book/friend/etc. You are not allowed any outside resource while
taking these exams.
You will find a series of “Practice Quizzes” in the quizzes section of this course. There should
be two of these practice quizzes for each chapter in the text. One will be a multiple-choice quiz
and the other will be a t-f quiz. Respondus Lockdown Browser is not used to take these quizzes.
These quizzes are optional. You may take these quizzes multiple times. These quizzes are not
grade or timed.
Class Policies:
Academic Honesty – Plagiarism, is defined as, but not limited to, the following: the use
of paraphrase or direct quotation of published or unpublished work of another person without full
and clear acknowledgement and the unacknowledged use of materials prepared by another
person or agency engaged in the selling of term papers of other academic materials. Plagiarism
could result in disciplinary action.
Students Rights to Assistance or Accommodations - This course acknowledges the
importance of ADA requirements. Any student who feels s/he may need an accommodation
based on the impact of a disability should contact Nancy Hartenhoff-Crooks, Coordinator of
Disability Services privately to discuss their specific needs. Please contact the Office of
Disability Services at (605) 688-4504, Fax: 605-688-4987 in room 125, the Wintrode Student
Success Center to coordinate reasonable accommodations for students with documented
disabilities. For more information please see http://www3.sdstate.edu/StudentLife/Disability
Services/.
Freedom In Learning – Under Board of Regents and University policy student academic
performance may be evaluated solely on an academic basis, not on opinions or conduct in
matters unrelated to academic standards. Students should be free to take reasoned exception to
the data or views offered in any course of study and to reserve judgment about matters of
opinion, but they are responsible for learning the content of any course of study for which they
are enrolled. Students who believe that an academic evaluation reflects prejudiced or capricious
consideration of student opinions or conduct unrelated to academic standards should first contact
the instructor of the course to initiate a review of the evaluations. If the student remains
unsatisfied, the student may contact the department head and/or dean of the college which offers
the class to initiate a review of the evaluations.
Makeup work – Homework – N/A – Because homework is completed and submitted
online class absences should not affect completing and submitting homework on time. Makeup
for homework should not be necessary.
Makeup work – Tests – Rarely should it be necessary for a student to miss a scheduled
exam. If the absence is due to an emergency or if the student has contacted the instructor prior to
the exam they may be allowed to make alternate arrangements for taking the exam.
Course Grading: the total number of points you earn during the course will determine your
course grade.
Allocation of points:
Student Profile
5
Syllabus Quiz
10
Homework
100
Exams
400
Total
515
Grading scale:
464-515 points = A
412-463 points = B
360-411 points = C
309-359 points = D
Less than 309 = F
Important Dates:
May 6
May 7
May 20
Last day to add this course. Last day to drop this course and receive a full
refund
“W” grade begins.
Last day to withdraw from the course and receive a grade of “W” – NO
REFUND. Course dropped after this date will receive a letter grade of A, B,
C, D or F.
DateMay
Day
Homework Assignment Due
6
Mon Course begins
7
Tues
Updated Student Profile, and Introduction to
Using CNOW due @ 11:45 PM CST
8
Wed
Chap 12 Graded Homework due @ 11:45 PM
CST
9
Thurs
10
Fri
Chapter 13 Graded Homework due @ 11:45
PM CST
13
Mon
Chapter 14 Graded Homework due @ 11:45
PM CST
14
Tues
Chapter 15 Graded Homework due @ 11:45
PM CST
15
Wed
16
Thurs
Chapter 16 Graded Homework due @ 11:45
PM CST
17
Fri
Chapter 17 Graded Homework due @ 11:45
PM CST
20
Mon
Chapter 18 Graded Homework due @ 11:45
PM CST
21
Tues
Chapter 19 Graded Homework due @ 11:45
PM CST
22
Wed
23
Thurs
Chapter 20 Graded Homework due @ 11:45
PM CST
24
Fri
Chapter 21 Graded Homework due @ 11:45
PM CST
Revised 3/4/13
Exam
Syllabus Quiz - Midnight
deadline
Exam 1 - Chapters 12 & 13,
Noon-Midnight
Exam 2 - Chapters 14 & 15,
Noon-Midnight
Exam 3 - Chapters 16 & 17,
Noon-Midnight
Exam 4 - Chapters 18 & 19,
Noon -Midnight
Exam 5 - Chapters 20 & 21,
Noon-Midnight