Course Title: Principles of Financial Accounting Tuesdays, Thursdays: 12:15pm – 1:55pm (St. Augustine)
Course Number: ACG-2021 Room L-132 (St. Augustine) / Room
L-114 (Orange Park)
Instructor: Kathy Blondell
Contact Information: Phone: Office: in Orange Park,
(904) 276-6823; in St. Augustine, (904) 808-7406
Office Room: A-21, (Orange Park): J-133,
(St. Augustine)
E-mail (Office): kathyblondell@sjrcc.edu
Office Hours:
Monday: in
Tuesday: in
Wednesday: in
Thursday:
in
Required Text: Financial
& Managerial Accounting, by
Pollard, Mills, Harrison, Pearson Education, Publisher Web Access to MyAccountingLab.com
SJRCC Catalog
Description: This course is designed to familiarize the student
with theory, logic, and concepts used in financial accounting.
Course content includes:
q
journalizing
q
posting
q
preparing a trial
balances
q
adjustments
q
corrections
q
closings
q
preparation of
the income statement, balance sheet, changes in owners equity, and cash flow
statement
q
current assets
q
inventory
q
long-term assets
q
liabilities
q
corporate capital
structure
q
retained earnings
and
q
financial
statement analysis
Emphasis is placed on
comprehension of accounting principles and concepts in addition to mastery of
accounting skills.
Course Objectives: Upon
successful completion of this course, the student should be able to:
1. Identify the debits and credits relevant to
particular transactions
2. Make accurate journal entries
3. Post General Ledger entries from journals
4. Use General Ledger accounts to create:
b)
A Balance Sheet
c)
A Statement of
Changes in Owner’s Equity
d)
A Statement of
Cash Flows
e)
Adjusting entries
f)
Closing entries
5.
Demonstrate
appreciation of the usefulness of various accounting systems.
6.
Demonstrate
concern for conscientiousness and
accuracy in all transactions.
7. Achieve an awareness of the advantages and the
limitations of accounting data as a facilitator for business decision making.
Become cognizant of the moral
and ethical questions involved in the accounting process and helped to
understand why ethics is such an important aspect of accounting
Academic Integrity: Students in this class must
know, observe, and not compromise the principles of
academic integrity. It is not
permissible to cheat, to fabricate or falsify information, to submit the same
academic work in more than one course without prior permission, to plagiarize,
to receive unfair advantage, or to otherwise abuse accepted practices for
handling and documenting information. The grade for this course includes the
judgment that the student’s work is free from academic dishonesty of any type.
Violations or infractions will be reported to the Vice President for Student
Affairs and may lead to failure of the course and other sanctions imposed by
the College.
Homework:
à
Homework will
consist of reading assignments and problems at the end of the chapters to be
completed prior to attending the appropriate class.
à
Personal Trainer
(accessed via the internet) will be used for all homework applications.
Immediate feedback is provided to the student for correct and incorrect
responses. Student scores are automatically entered into the instructor’s grade
book.
à
Excel is required
to complete some of the problems.
Note: all computers in labs have
Excel.
à
P.A.S.S. software
purchased in addition to textbook will also be used for continuing problems.
This homework may be submitted individually or as a team, assuming full
participation by all members.
à
You are required
to keep up with the homework, chapter by chapter, as assigned.
à
Timely completion
of homework is assumed in the grade-range discussion that follows.
à
Late papers will
not be accepted. Homework required on software must be presented timely.
Oral Presentation:
à
Each student will
deliver one five-minute presentation related to accounting to the class.
à
Each student will
be graded on ability to deliver presentation without reading, eye contact with
audience, and knowledge of subject presented.
Grading: Grade
ranges are: A=90-100; B=80-89; C=70-79; D=60-69; F=0-59.
Grading Scale: Given
regular class attendance, teamwork participation, and class preparation, grades
will then be based on the following point scale:
Four
Examinations: 60% of grade
Comprehensive
Final: 15% of grade
My
Accounting Lab: 15% of grade determined
by overall homework assigned
Oral
Presentation: 10% of grade (Required for passing grade)
Absences:
As
stated in the student handbook you may
receive an instructor warning when you have missed the equivalent of three
50-minute class periods regardless of the reason and may be withdrawn from the course by the instructor after the fourth
50-minute absence. It is the student’s responsibility to withdraw from class.
Do not assume that the instructor
will withdraw you. Do not stop coming to class without withdrawing officially –
protect your GPA. Withdrawal forms are available from the Records Office on the
Palatka Campus and from the Administration area of other campuses.
If the student wishes to drop the course
to avoid an unsatisfactory grade affecting the student’s overall GPA, the student
must hand in the proper form to administration on or before March 26, 2008.
The instructor further
holds the right to automatically drop your earned score by one letter grade for
each block of three absences.
Make-up Policy:
Ø
Note schedule is
tentative. Changes to test schedules will only be made if the instructor determines
the class requires additional preparation and will be announced in class prior
to test date.
Ø
Any schedule
changes will be announced during regular class hours. It is each student’s
responsibility to stay informed.
Ø
No credit will be
given for homework received after the class call.
Ø
All make-up tests
will be given on Tuesday, April 15, 2008, during scheduled office hours
as noted above. (Prior registration with
instructor is required.)
Course Calendar: See
separate table.