Financial
Accounting - 121
Course Description:
This course covers the fundamentals
of financial accounting in accordance with generally accepted accounting
principles (GAAP). This includes the identification, measurement, and
reporting of the financial effects of economic events on enterprises.
Financial information is examined from the perspective of effective
managment decision-making. Related theory and application will also
be reviewed. You are expected to have a good understanding of MS Word and Excel.
Are you new to Online Learning:
If you're new to online learning please take a look at the following: Top Ten Myths about Online Learning
Some helpful Web Sites to help you determine if you’re ready for an online class.
What makes a successful online student?
http://www.ion.uillinois.edu/resources/tutorials/pedagogy/StudentProfile.asp
Master the Basics: Netiquettee
http://www.learnthenet.com/english/html/09netiqt.htm
Method:
This is a hybrid class which means that we meet every other week online. When we meet 'live' the classes will follow a traditional format. When we meet 'online' you should review the lecture notes at Web Access and/or by clicking on the assignments button. The links to the powepoint slides are located at the end of this page. There will be brief lectures dealing
with both text and non-text material. You are encouraged to ask questions
regarding the reading material or topics pertinent to our class discussion.
Class meetings may include a topical discussion of current events or
situations touching upon ethical, political, and economic conditions
affecting the internal and external environment of a business. Primarily
we will focus on application of accounting data and its use in decision-making.
You will have several opportunities to review problem material with
the class individually and as part of a group. You should bring your
textbook and calculator to class.
Student Learning Outcomes
- Understand how investors/creditors (external parties)analyze and use financial information to make decisions.
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- Analyze external transactions and determine their affect on the four financial statements.
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- Perform the various steps of the accounting cycle and prepare adjusted financial statements.
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- Research relevant rules and interpret them correctly in order to record and communicate transactions affecting assets, liabilities, stockholder’s equity, revenues and expenses.
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- Perform time value of money analysis using discounted cash flow techniques to calculate bond prices.
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- Professionally and effectively collaborate with peers and communicate solutions.
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Required Materials:
Harrison, Horngren , Financial
Accounting; (7th Edition, Prentice Hall).
ISBN-10: 0138128200 (Book with MyAccountingLab and ebook);
IISBN-10: 013612934X (Book Only);
ISBN-10: 0136154786 ( EBook w/ MyAccountingLab
You can buy the text from the CSM bookstore or from any of the sources below. Just make sure you get the 7th edition.
Some online sources for
books: www.ecampus.com; www.half.com;
www.amazon.com; www.bn.com;
www.bestbookbuys.com; www.safarix.com ; www.fetchbook.info
A semester length subscription to
the Wall Street Journal is strongly recommended.
Please see me for subscription form.
Other Resources:
Financial
Accounting - Online -
This is the website for the textbook.
Web Access
Student
Writing Tips
Web Ready eb
Please visit collegeofsanmateo.edu/accounting and read about the Accounting Assistant program, the Tax Preparer program, and how to become a CPA, an Enrolled Agent, or a CTEC registered tax preparer. The website also has helpful information on how to get a job, how to write a resume, and how to earn continuing education credit.
To receive the latest information about the CSM Accounting program subscribe to our email group by sending a message to csmaccounting-subscribe@googlegroups.com.
Ready
Sources of Accounting
and Financial Information
EDGAR
The Electronic Data Gathering, Analysis, and Retrieval system. All publicly
traded domestic companies use EDGAR to make the majority of their filings.
Form 10-K or 10-KSB, which include the annual report, is required to
be filed on EDGAR. The SEC makes this information available on the Internet.(
http://www.sec.gov/cgi-bin/srch-edgar )
FreeEDGAR
FreeEDGAR is an online service offering free access to EDGAR files with
the additional ability find and extract specific financial news and
information. You also can pull data directly into Microsoft Excel spreadsheets.(
http://www.freeedgar.com/ )
EdgarScan
EdgarScan from PricewaterhouseCoopers pulls filings from the SEC's servers
and parses them automatically to find key financial tables and normalize
financials to a common format that is comparable across companies. Go
directly to specific sections of the filing, including the financial
statements, footnotes, extracted financial data and computed ratios.
A "Benchmarking Assistant" performs company comparisons.(
http://edgarscan.tc.pw.com )
Research Tools
Wall Street Research Net
( http://wsrn.com/home/companyResearch.html
)
MSN
Stock Research
( http://investor.msn.com/research/welcome.asp?Symbol=GPS
)
Hoovers Online
( http://www.hoovers.com/ )
Bloomberg Business
( http://www.bloomberg.com/
)
Financial
Terms Glossary
(http://www.duke.edu/~charvey/Classes/wpg/glossary.htm )
Bond Information:
http://bonds.yahoo.com/
All the sites below are
on a menu on the site above
http://screen.yahoo.com/bonds.html
http://bonds.yahoo.com/rates.html
http://bonds.yahoo.com/bond_ed.html
http://bonds.yahoo.com/glossary1.html
ACCOUNTING AND BUSINESS
Accounting Resources
on the Internet
comprehensive, well-organized set of links to a variety of accounting
resources( http://www.rutgers.edu/Accounting/
)
News for CPAs
( http://www.aicpa.org/ )
(http://www.cpa-exam.org/)
American Accounting Association
( http://raw.rutgers.edu/raw/aaa/
)
FASB
( http://www.rutgers.edu/Accounting/raw/fasb/index.html
)
AICPA
Special Committee on Financial Reporting
( http://www.rutgers.edu/Accounting/raw/aicpa/index.htm
)
California
Board of Accountancy
California
Society of CPA's
TAX FORMS
IRS
Tax Forms
All the tax forms can be dowloaded, printed, and used.( http://www.irs.ustreas.gov/prod/forms_pubs/forms.html
)
THE MARKETS
Stock Price Indexes
( http://www.pathfinder.com/money/all/
)
E*TRADE
( http://www.etrade.com/ )
StockMaster
( http://www.stockmaster.com/sm/mf/F/FEMKX.html
)
Quicken.com
( http://www.quicken.com/ )
PC Quote
( http://www.pcquote.com/ )
U.S. Treasury
Bill Futures
( http://www.cme.com/market/quote/.Small/tb.html
)
Chicago Mercantile Exchange
( http://www.cme.com/ )
HOW TO FIND A JOB
The Career Center has
resume writing workshops, individual counseling, and job listings.
To earn a certificate you must complete CRER 133 through the Career
Center: CSM Career Center
CSM
Student Employment: Get job listings by e-mail.
Get individual help in your job search.
Many CSM students have gotten jobs through Accountemps.
The San Mateo office is near CSM campus at 2755 Campus Drive (near
Hillsdale Blvd. and HWY
92) Phone 574-8200
A popular job search web
site: Craigs List
Job listings from San Francisco
Chronicle: SF Gate
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