ACCT 2300
Financial Accounting
Spring 2016
Instructor:
Name:
Roberta Allen
Phone
834-2032
E-mail address: roberta.allen@ttu.edu
Office No: BA 362E
Office Hours: T 3:30-5:00, W 1-5, R 9:30-10:50
Web address: http://robertaallen.ba.ttu.edu
Required Course Materials - PURCHASE IMMEDIATELY
A.
Course Text – Porter and Norton: Financial Accounting (8th edition), The Impact on Decision Makers,
loose leaf, custom print (available at the bookstores) with CengageNow online homework website
access.
B.
Activity Packet and Mini Practice Set – Acct 2300, Spring 2016, Allen (available in Room 107, first
floor at the east end of the RCOBA , accepting cash or check, but NO CREDIT CARDS). DO NOT
USE A PACKET FROM A PREVIOUS SEMESTER.
C.
Four-Function Calculator. A four-function calculator is one that has the following functions:
subtracting, adding, multiplying, and dividing. The calculator may also have: a) a % key,
b) a square root key, c) a single-number memory. Use of ANY OTHER type of calculator is not
permitted.
D.
Four orange scantrons. Put your name and section number on side 2 of each scantron.
E.
3 X 5 index cards (approximately 50). These may be white or colored, lined or unlined as you prefer.
(see pages 3-1a through 3-1d) in the Activity Packet or my website for more instructions)
F. Pencil and eraser. Do all your work in pencil.
Course Objectives
To introduce students to the components and structure of financial statements, to discuss the ethical issues surrounding the
preparation of financial statements, and to educate students in the preparation and use of financial statements.
Learning Outcomes
Upon successfully completing this course, students will be able to:

Describe the objectives of financial reporting

Understand the accounting cycle

Identify account names and their characteristics

Demonstrate the effect of business transactions on the accounting equation

Apply accounting assumptions, principles, and constraints to measure, record, report,
and interpret business transactions

Use the rules of debit and credit to record transactions

Combine individual measurements of accounting elements into financial statements

Demonstrate an understanding of the relationships of the elements on the financial statements
Assessment Methods
The expected learning outcomes for the course will be assessed through exams, quizzes, in-class activities, homework,
and assignments. To be successful, you must devote sufficient time and attention to homework and assignments.
Those who do not actively participate in the learning process through completion of these activities and reading
assignments, will find that they do not do as well in the course.
Accounting 2300 Spring 2016 - Allen
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Course Grade Determination
A. Course activities carry the following weights
Quizzes (12 @ 4 points each)
Homework (12 chapters @ 2 pts each)
Participation
Regular exams (3 @ 100 points each)
Comprehensive final exam
Total points
Points
48
24
28
300
100
500
Requirements
B = 400 to 449 points
C = 350 to 399 points
D = 300 to 349 points
A = 450 points and above
F = less than 300 points
B. HOMEWORK: Homework is required to give you practice in applying the accounting concepts you have
learned and to prepare for examinations. Homework points are earned by chapter* and are graded
online only. Homework exercises and problems come from the end of each chapter in your textbook.
Homework should be completed as instructed in the textbook on notebook paper and then answers
should be submitted on CengageNow. Do not shortcut by working your homework directly
online. Your learning is greatly enhanced by working the homework without relying on guidance from
CengageNow. If you complete the chapter homework by the due date and time with an overall 80% score
for the chapter, you will receive 2 points for that chapter’s homework. There is no credit for late
homework, nor partial credit for individual exercises or problems within the chapters. A list of the
homework and due dates will be posted on my website.
*Exception: Chapters 4 and 10 are divided into two parts with each part worth 1 point
C. ASSIGNMENTS: Assignments are in addition to and different from homework. Assignments count
as part of your Participation Grade (see E below). An assignment can include, but is not limited to
reading, answering written reading questions, working in the Mini Practice Set, preparing materials for
class, etc. Written assignments are due at the beginning of class. Late assignments are not
accepted. Make sure you can locate your assignment and that you have already put your name, section
number, row and seat number on the top of each page so you can turn it in or have it checked at the
beginning of class. A list of assignments and due dates will be posted on my website.
D. ATTENDANCE
Attendance is part of the participation grade (see E below). I do not track excused/unexcused absences
except for certain designated Texas Tech activities, military obligations, and prolonged illnesses.
E. PARTICIPATION:
It is critical that you attend class and participate in all class activities. Each day you attend class and
participate in class activities you will receive one point. We have 30 class meetings scheduled this
semester. Therefore, you can earn as many as 30 points, but be absent 2 times (excused or unexcused)
and still earn the 28 base points for determining your grade.
To qualify for participation points you must be present for the entire class period,
participate in the classroom activities, bring all required materials, and have completed
your assignments.
The following are examples of types of behavior that will disqualify you from receiving the
participation points. You may also be asked to leave class for these behaviors.
Absence, tardiness, or leaving early
Talking, cell phone or other electronic device interruptions or usage, and other disruptive or
distracting behavior
Sleeping, reading newspapers, studying for other classes, and other non-attentive behavior
Failure to bring required materials to class (examples: textbook, activity packet, mini practice set,
calculator, note cards, pencil, completed assignments, scantrons, etc.)
Inability to answer questions or other evidence of a failure to prepare for class.
Failure to complete class work or assignments.
F.
QUIZZES: There will be 15 graded quizzes given throughout the semester on Blackboard. Each quiz
will be worth 4 points. I will count your 12 best quiz scores. Quizzes can have a significant impact on
your overall course grade. You will have practice quizzes available. Practice quizzes are similar to the
graded quizzes, except that graded quizzes can be taken only once. You should take the
practice quizzes numerous times, improving both your score and your time until you are able to quickly
complete the practice quiz with a perfect score many times. A list of quizzes and due dates will be
posted on my website.
Accounting 2300 Spring 2016 - Allen
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G. EXAM PROCEDURES:
A schedule of the exam dates will be posted on my website. PLEASE NOTE THAT THE FINAL
EXAM IS ON THURSDAY, MAY 12TH AT 4:30 P.M. YOU ARE EXPECED TO PLAN YOUR
PERSONAL SCHEDULE AROUND THESE EXAM DATES AND TIMES.
A photo ID and a 4-function calculator will be required for all exams. You must be on my roll to sit for
an exam.
No hat/head-covering of any kind can be worn during the exam.
No study materials (books, book bags, notes, handouts, flashcards, etc.) can be brought to your seat.
If there is room at the front or back of the classroom you may leave your materials there, if not, you will
be required to leave them unattended outside the classroom.
No cell phones or any other electronic devices will be allowed on your person or at your seat. These
items should be left at home, or in your book bag (or purse). All cell phones and other electronic
devices must be turned OFF so that they make no sound of any kind. If an electronic device is
discovered on your person or at your seat, it will be assumed that you used it for an unfair advantage on
the exam.
No talking is allowed once you enter the exam site. Any talking will be presumed to have been for
gaining an unfair advantage on the exam.
No more than 3 students should be in line to turn in completed exams. Remain at your seat until you
can turn in your exam.
Once you have entered the exam room and received your exam, you may not leave the room unless you
turn in your exam for a grade. There are no bathroom breaks.
Violation of any of these exam rules may result in a reduction of your score or a zero on your
exam.
The comprehensive final exam score can be used to replace an exam missed due to reasons beyond your
control. Documentation will be required and the instructor determines eligibility for the substitution.
Academic Integrity
Integrity is a minimum requirement for all students participating in accounting courses in the Rawls College of
Business. Any breach of academic integrity will be addressed as outlined in University policies.
Disabling Conditions
Any student who, because of a disabling condition, may require special arrangements in order to meet course
requirements should contact the instructor the first week of classes to make necessary accommodations.
Civility in the classroom
Students are expected to assist in maintaining a classroom environment which is conducive to
learning. In order to assure that all students have an opportunity to gain from time spent in class,
unless otherwise approved by the instructor, students are prohibited from using electronic devices,
challenging instructor’s authority, eating or drinking in class, coming in late or leaving early,
making offensive remarks, reading newspapers, sleeping or engaging in any other form of
distraction. Inappropriate behavior in the classroom shall result in, minimally, a
request to leave class.
Changes
Any changes in assignments or due dates will be announced in class.
It is the responsibility of each student to attend class and become aware of such changes.
Accounting 2300 Spring 2016 - Allen
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