Course Syllabus

         

Patty Holmes
phholmes@dmacc.cc.ia.us
Office: Ankeny Campus Bldg 8, Room 06
Office Hours: 10:00AM - 2:00PM TR
Phone: 515-964-6349
Fax: 515-965-7135

 

 

Course Goal

This course introduces the student to the principles of accounting which emphasis placed on the users and uses of accounting information. Major topics include: the accounting cycle, accounting for merchandising business, internal controls used in business, accounting for cash, receivables, inventory, liabilities, and long-term assets, accounting for corporations, and conceptual framework of generally accepted accounting principles.

 

 

Course Design

This course is designed to use the tools of the internet/computer-based and related text. Presentation of the material will be in the format of:

  • Reading assignments from the text
  • Homework assignments from the text and online research
  • Lectures presented online
  • Practice quizzes online
  • Threaded discussion online with the instructor and classmates
  • Tests online
  • One-to-one via email

 

 

Prerequisites

You must have the technology and the skills to operate a computer, navigate on the Internet, and have the ability to send and receive email with attachments.

 

 

Required Text

Accounting by Warren Reeve Fees, 20th Edition

 

 

Strategies

 

Assignments

  • Review chapter objectives
  • Review text materials
  • View the PowerPoint lecture
  • Use other recommended resources provided
  • Practice with the sample tests online
  • Participate in Threaded Classroom discussion online
  • Prepare and send textbook assignments via email for instructor review.
  • Review Webliography throughout the term for related material and submit reports on subjects of interest
  • Check assignment answers online
  • Prepare for tests/exams

 

 

Assignments

The purpose of the text assignments is to help you organize your thoughts, review the major concepts, and allow me to view your understanding. You are allowed to use the assignments as a resource during the testing process. Textbook assignments should be submitted by email.  For full credit, your Textbook Assignments must be submitted to the instructor 48 hours before the test date. The Answers will be posted 24 hours before each test date. Textbook assignments are graded on presentation, accuracy, and timeliness. Maximum late assignment credit is 50%. Assignment value is 20 points per unit.

 

 

Tests/Exams

The tests are designed to measure your understanding of the material. Each test will measure both your technical and conceptual skills. To prepare yourself for a unit exam, study your assignments, the text, and the practice quizzes. You may use your text and assignments to assist you. Each unit test will carry a valve of 80 points.

When you are ready to take an exam, sign on to the test and submit your answers. Most test run from 75 to 120 minutes allotted.   Tests must be taken within the scheduled time. You may use a calculator, text, and assignments. I will notify you as to your score within 3 standard work days after completion of the exam.

There will be a total of 6 tests/exams, units 1-5 are two chapter and unit 6 is a three chapter test.

 

 

Threaded Discussion

Threaded discussions are online discussions much like a classroom where first I will open up a question to the class for discussion. You will have an opportunity to respond to the questions(s) as well as other students. You may also add your own Threaded Questions to begin a discussion with other fellow students and the instructor. I will always include as part of my answer a follow up question for anyone in the class to respond to. It does not matter when you go into the Threaded Discussion area there will always be question to answer or some other student’s response that you can expound on. Students should read through all the discussion entries. You are required to participate in at least ten (10) threaded Discussion activities, although most students will have 15 to 30 in a semester, but it is not a contest of quantity. Participate to learn and share. I will respond to the threaded discussion two times a week.

 

 

Webliography

Choose five (5) related web sites from the Webliography (bibliography of Web resources) and write a short report on the web site. Each report will be approximately three to four paragraphs valued at ten (10) points each.

The Webliography is like a bibliography of resources on the World Wide Web for students to visit and find information. I have listed several sites, but encourage you to add to the list. You will need to submit five (5) reports based on an accounting topic and e-mail the report. Include your finding with the e-mail message, not an attachment. Suggestion, write your findings in a Word Document and cut and paste to the email message.

The deadline for submitting Webliography reports is July 25, 2001.

See sample in Document Sharing. 

 

 

Grading

Item

Points

Total

Threaded Discussion

10 @ 5 points each

50

Textbook Assignments

6 @ 20 points each

120

Unit Tests

6 @ 80 points each

480

Webliography

5@ 10 points each

50

Total

 

700

In order to earn a C- or better you need to score at least 65% on all of the activities above. For example you need to score 65% of Threaded Discussion Points, 65% of Textbook Assignment Points, and 65% on the Webliography Points. If you do not, you will receive a grade of D+ or less.   Every component is a part of the whole education. 

Allocation of points:

93 – 100%

A

90 – 92%

A-

87 – 89%

B+

83 - 86%

B

80 - 82%

B-

77 - 79%

C+

73 - 76%

C

70 - 72%

C-

67 – 69%

D+

63 - 66%

D

60 – 62%

D-

Under 60%

F

 

 

Talents Needed
  • Read and write at the college level
  • Self-motivation
  • Organizational skills
  • Communication skills

 

 

Responsibility

My responsibility is to convey information and answer your questions in a timely manner. I believe each of you has the potential to be successful in this course by completing the assignments and studying the materials available to you.

Your responsibility is to determine what you need to do to master the materials presented and proceed to accomplish it. Ask for help when you need it and report any technical or other problems that impede your progress toward success.

 

 

Academic Calendar

Classes Begin

May 29, 2002

Independence Day (Holiday)

July 4, 2002

Last day to drop classes

July 10, 2002

Mid-Term

July 2, 2002

End of the Semester

August 8, 2002

 

 

 

 

Assignment/Test Calendar

If you are having any difficulty with any of the assignment materials please let us know so that we may make suggestions to assist you. Due to the varying mature of the topics covered, some assignments will require more completion time. Please note: All assignments must be emailed by due date to receive full credit.

 

Units

Chapters

Assignment Due Date

Posting of Solutions

Test             Dates           

1

1 & 2

6/6

6/7

6/8 - 6/10

2

3 & 4

6/17

6/18

6/19-6/21

3

5 & 6

6/26

6/27

6/28-7/1

4

7 & 8

7/8

7/9

7/10-7/12

5

9 & 10

7/17

7/18

7/19-7/22

6

11, 12, & 13

8/1

8/2

8/3-8/8

  You are required to complete this course work in the semester you enroll for the class.

This class is not self-paced and is not open-entry, open-exit. Exams have specific dates to be completed by to insure completion by the end of the semester. You should commit to regular study time and communication time online with the class and the instructor, as you would with any college course.

 

 

 

 

Course Policies and Procedures

Assignments: To receive full credit you need to submit your assignments 48 hours prior to the test date schedule. Solutions to the assignments will be posted .

Courtesy Code: Please follow the rules of common courtesy in all your email messages and your critiques.

Grading Policies: Refer to the grading section of the syllabus

Safeguards: Back up every piece of work you do on disk, and make a hard copy. Help can be found through the help line services. Heavy internet use occurs during the evening hours of 8-10pm. You might want to consider logging on at other times if possible.

Deadlines: Odd things happen in cyberspace: emails get lost; servers disconnect temporarily; logins are impossible. Don'''' t wait for the last moment to get things done. Allow time to meet deadlines. Reply and check for replies on every email sent and received. If you don't hear from me within a week, contact me via email or phone (515) 964-6349.

Workshop Etiquette: People want fair, honest feedback. Criticism should be considered a necessary part of the procedure, as well as, praise. Please be courteous to all your classmates and myself in Threaded Discussion and email.

Attendance: I encourage you to go on line often to use the resources available

 Special Needs: If you have a learning or physical disability that will require special accommodation, please notify me immediately upon enrollment.

 

 

Course Competencies

During this course, the student will be expected to:

    1. Explain accounting as an information system.
    2. Organize transaction data in accounts.
    3. Appraise the use of adjusting entries.
    4. Summarize the steps at the completion of the accounting cycle.
    5. Distinguish the accounts used to record transactions for a merchandising company.
    6. Illustrate the use of special-purpose journals for a merchandising business.
    7. Assess the importance of internal control.
    8. Demonstrate accounting for accounts receivable and bad debts expense.
    9. Summarize the accounting procedures for notes payable and notes receivable.
    10. Appraise how inventory valuation methods affect income.
    11. Perform accounting procedures for long-term assets.
    12. Discuss the development and conceptual framework of generally accepted accounting principles.
    13. Perform accounting procedures for a corporation's stockholders' equity.