Course Syllabus BSAD 53b Introduction to Accounting 2 Spring Semester 2015 www2.bakersfieldcollege.edu/ivey Office: Business B-1 Phone (661) 395-4363 CRN: 30749 Meets Mon 6 – 9:10 p.m. Michael Ivey, Professor Bakersfield College 1801 Panorama Drive Bakersfield, CA 93305 e-mail: [email protected] Office Hours Monday Tuesday Wednesday Thursday 5:30 - 6 p.m. 9:30 – noon none 9:30 – 11:30 a.m. Other times by appointment Required Text and Materials: College Accounting, 20th Edition Chapters 1 -27. Heintz, James A., and Robert W. Parry, Cengage Publishing, 2011 ISBN: 0-538-74519-3. OR College Accounting, 21st Edition Chapters 1 -27. Heintz, James A., and Robert W. Parry, Cengage Publishing, 2014 ISBN: 978-1285-05541-1. Course Description: A continuation of an introduction to modern financial accounting theory and practice. Analysis of financial transactions peculiar to partnership and corporate forms of business ownership. Accounting methods and procedures including valuation of inventory, accounts receivable, note receivable, notes payable, depreciation, depletion, amortization, capital stock transactions, bonds and other long term liabilities, worksheets and payroll. Prerequisites: BSAD B53a Credit Hours: 3 lecture non-transferable Student Learning Outcomes: Upon successful completion, the student will be able to: 1. process transactions germane to corporations; 2. identify the differences in the accounting process of a corporation as contrasted to other business forms; 3. understand long-term liabilities, bonds, and present value tables; 4. process transactions dealing with debt and stock investments; 5. prepare a statement of cash flows; 6. analyze and interpret financial statements by use of ratios, trends, and comparisons; Grading Chapter Tests (3 @ 100 points) Final Examination Homework Total Points Available Points Available 300 100 150 550 Percentage Scale A = 100 – 90% B = 89 – 80% C = 79 – 70% D = 69 – 60% F = Below 60% Points Scale 492 – 550 437 – 491 395 – 436 327 – 394 0 - 326 Attendance: There is a direct correlation between attendance and your grade. The fewer days missed, the higher your grade. In the above grading scale, attendance is not considered as part of your grade, but you will miss instructor and class discussions that may help you understand material that is important. Please try to attend regularly and on time, if you know you will be absent, please let the instructor know immediately. Any work missed is your responsibility to make up and the instructor will not remind you of missed work. Late assignments will be accepted but there will be a 10% penalty for each week the assignment is late. After 3 weeks, the assignment will no longer be accepted. BC Attendance Policy: Students who have been absent from a class should notify the instructor of the reason for the absence. Absence in no way relieve students of responsibility for work missed. Excessive absences may result in the student being dropped from the course. Instructors may drop a student from a course when absences number the equivalent of two weeks of class recorded from the first day of instruction. If particular circumstances warrant and can be justified academically, faculty members may drop students after less than two weeks of absences. Faculty members may give consideration to excusing students from classes to participate in scheduled college activities (athletics, music, field trips, etc.). The student must make arrangements in advance to make up the work to be missed. Class Rules: 1. Attend class promptly as required by your schedule. 2. Be prepared before you come to class, including having assignments read and homework completed. 3. Take notes in class to help remind you of topics discussed when reviewing chapter tests. 4. The student is on his or her honor. This means cheating is unacceptable and will not be tolerated. Anyone found cheating in this course will be referred to the Dean of Students. 5. It is your responsibility to drop the course if you stop attending – not the instructor’s. 6. If you feel you are not getting what you expect or deserve from the instructor, talk to him. It will not affect your grade! ****Students with disabilities who believe they may need accommodations in this class are encouraged to contact Disabled Student Programs & Services located at Student Services Building, 1st Floor, Counseling Center (661-395-4334), as soon as possible to better ensure such accommodations are implemented in a timely fashion. Tentative Schedule Class Meeting 1/26/2015 Read Chapters Chapter 16 Example Problems worked Ex 16-1A, 16-2A, 16-3A, 164A 16-6A Problem 16-8A Homework Assignments Problem 16-8B February 1, 2015: Last day to drop semester length classes without receiving W grades 2/2/2015 Chapter 17 2/9/2015 Ex 17-2A, 17-4A, 17-5A, 17-6 Problem 17-11B, 17-12B A Problem 17-11A, 17-12A TEST on Chpts. 16 - 17 2/23/2015 Chapter 18 Ex 18-1A, 18-2A, 18-3A, Problem 18-7A, 18-9A Problem 18-9B 3/2/2015 Chapter 19 Ex 19-1A, 19-2A Ex 19-1B, 19-2B 3/9/2015 & 3/16/2015 Chapter 20 Ex 20-2A, 20-3A, 20-4A Problem 20-8A Problem 20-8B 3/23/2015 Chapter 21 Ex 21-2A, 21-3A, 21-5A Problem 21-9A Problem 21-9B March 27, 2015: Last day to withdraw from semester length classes and receive W grades Spring Break the week of March 30 – April 5 4/6/2015 TEST Chpts. 20 - 21 4/13/2015 Ex 22-1A, 22-2A, 22-3A, 224A, 22-5A, 22-6A Problem 22-11A Chapter 22 4/20/2015 Problem 22-11B TEST Chpts. 22 4/27/2015 Chapter 23 Ex 23-1A, Problem 23-12A Problem 23-12B 5/4/2015 Appendix chapter 23 Study Guide for Final 5/11/2015 Test Chpt. 23 - Final Exam Monday May 11 at 6 p.m.