Spring
2016
Syllabus
– ACTG 121AB
Instructor: |
Linda Whitten |
Phone: |
650 738-4372 |
Office Location: |
Bldg 8 Room 8209A |
E-mail: |
whitten@smccd.edu |
Office Hours: |
12:00-4:00 MW |
Website: |
http://accounts.smccd.edu/whitten/index.html |
Class Duration: |
10:10-12:00 Mon & Wed |
|
|
PREREQUISITE RECOMMENDATIONS:
ACTG 100, MATH 120, BCM 225,
eligibility for ENGL 836
COURSE DESCRIPTION:
ACTG 121, Financial Accounting, CRN#
30009, 4 units, 12:10-2:15 Mon & Wed . Plus 1 lab hour per week by
arrangement
Explores what financial accounting
is, why it is important, and how it is used by investors and creditors to make
decisions. Covers the accounting information system and the recording and
reporting of business transactions, the application of generally accepted
accounting principles, the classified financial statements, and statement
analysis. Includes issues relating to asset, liability, and equity valuation,
revenue and expense recognition, cash flow, internal controls and ethics. Transfer credit: UC: CSU
STUDENT
LEARNING OUTCOMES:
Upon
successful completion of this course, a student will meet the following
outcomes:
Analyze and apply generally accepted accounting principles
in the appropriate applications
Analyze corporate financial statements to evaluate the
financial health of firms.
Identify and assess ethical corporate behavior
TEXTBOOK AND OTHER MATERIALS:
Required:
OR
á Students
must read the Wall Street Journal
since relevant articles will be discussed in class. If you wish to subscribe go to WSJ.com/studentoffer You will receive both
print and online versions for the same student price.WSJ will ask what school
you attend ÒSkyline CollegeÓ and then who is your professor and you select ÒWhittenÓ
I often read mine on my iPad since they have a mobile app is also included.
ASSIGNMENTS:
This course will require at least 5 hours of preparation
time per class. Time management is
essential. You cannot afford to fall behind in assignments; catching up is
extremely difficult. If you find that you cannot master the material in this
amount of time, go immediately to the accounting lab to learn how to study more
efficiently using the tutor to answer questions when you get stuck.
Although only selected exercises and
problems have been assigned, you should work as many additional exercises and
problems as you can. The password for solutions for work not assigned is on my
website. The password is ACTG121.
Homework counts for 10% of the
course grade. Read each chapter and review the questions before proceeding to
the exercises and problems. If you feel uncertain about how to do an
assignment, you can look at the illustrations in the chapter and follow the
format, check solutions to problems not assigned, ask for help in the
accounting lab.
You are expected to have completed
the assignment before class.
Homework will be checked for credit daily. Late homework will not be accepted. If you cannot come to class, send your
work with another student or you may email to instructor. Late homework is not
accepted for credit. Therefore, if you arrive late to class after homework has
been recorded, you need to see me after class for partial credit.
CONNECT REGISTRATION INSTRUCTIONS:
Go to the following
web address and click on the Òregister nowÓ button:
http://connect.mheducation.com/class/l-whitten-actg-121-ab-spring-2016
If you have trouble with registration, please
contact Customer Support at http://mpss.mhhe.com/
Go to the accounting lab and sign up for a scheduled weekly
lab session. David Hall is the lab tutor. The separate
lab syllabus is on the last page of this document. Lab rules are also
at the end of this syllabus. Your lab points will count for 5% of your grade in
ACTG 121. Failure to complete these
assignments will greatly harm your grade.
Success in this accounting course is
dependent upon regular attendance, participation, and the completion of
assigned homework. You may use the accounting lab for working on assignments or
getting tutorial help whenever the lab is open in addition to your regularly
assigned lab hour.
The accounting lab contains
computers for your use. An
accounting tutor is available in the lab for tutorial help in both problems and
computer assignments. The Accounting lab is located in Room 8-209 and the phone
number is 738-4247. Lab hours are:
Monday-Thursday 8
am to noon
Monday-Thursday 4
pm to 6:30 pm
Please Note:
á
All beepers and phones must be mute during instruction
á
No food is allowed in the lab
GRADING POLICY:
No
makeup's will
be given on quizzes or exams. You
may make arrangements to take exams and quizzes before the assigned date
if you will not be able to attend the scheduled sessions. All cell phones must be turned off and placed in book bag on floor.
Failure to do this will result in a grade of zero on the exam.
Academic
integrity is
expected of you at all times (see the
Skyline College 2014-2015 Catalog page 49 for a full description). Violation of academic integrity rules
will result in academic discipline at Skyline College. The course grade will be
based on a weighted numerical average and a final letter grade for the course
will be assigned using the standard 90-100 A, 80-89 B, etc.
Exam 1 |
25% |
Quizzes & LS |
10% |
Exam 2 |
25% |
Homework |
10% |
Exam 3 |
25% |
Lab |
5% |
CLASS FORMAT:
This course is a combination of lecture,
demonstration, and group discussions. You are expected to participate in the
group process and in class discussions. The instructor will introduce the
chapter material and go over assigned homework and the class will break into
informal groups for additional discussions and problem solving. Please turn
cell phones to silent in class.
WITHDRAWAL POLICY:
If you wish to
withdraw, please go to WebSmart and observe the following deadlines:
RESOURCES:
If you qualify for accommodations in
this class, make sure the instructor gets a copy of your letter from DSPS. If
you do not have one, contact DSPS at 738-4280. If you need any other help such
as counseling or financial aid, contact the Student Services One Stop Center in
Bldg 5. Tutors are available in the Learning Center and in the Accounting Lab.
Please take advantage of this opportunity for help.
Tutors are
available in the Learning Center and in the Accounting Lab. Please take
advantage of this opportunity for help.
The San Mateo County Community College District is
committed to maintaining safe and caring college environments at Ca–ada
College, College of San Mateo and Skyline College. The District has established
policies and procedures regarding Sexual Misconduct, Harassment, and Assault. A
District website has also been developed which provides you with important
information about sexual misconduct and sexual assault. http://smccd.edu/titleix/
To learn more
about these issues and how you can help prevent them, you are encouraged to
view the Not Anymore videos, which can be found on WebSMART under
the Student Services link. Click on Not Anymore Video
121AB Spring 2016 Class Assignments to be
completed BEFORE class dates:
1/20 In
class: Discuss Chapter 1
1/25 Connect:
Learnsmart Chapter 1 due 10 am
1/25 In
class: Chapter 1 CP1-1, CP1-2, CP1-3
1/27 Connect:
Learnsmart Chapter 2 due 10 am
1/27 In
class: Discuss Chapter 2
1/30 Connect:
Homework chapter 1 due 11 pm
1/31 Connect: Chapter 1 Quiz due at 11 pm
2/1 In
class: Chapter 2 CP2-1, CP2-2
2/3 Connect: Learnsmart Chapter 3 due 10 am
2/3 In
Class: Discuss Chapter 3
2/6 Connect: Homework chapter 2 due 11 pm
2/7 Connect: Chapter 2 Quiz due at 11 pm
2/8 In
class: Chapter 3 CP3-2
2/10 Connect: Learnsmart Chapter 4 due 10 am
2/10 In
class: Discuss Chapter 4
2/13 Connect: Homework chapter 3 due 11 pm
2/14 Connect: Chapter 3 Quiz due at 11 pm
2/15 Holiday,
no class
2/17 Connect: Learnsmart
Chapter 4 due 10 am
2/17 In
class: Discuss Chapter 4
2/22 In Class: Chapter 4 CP4-1
2/24 Connect:
Learnsmart Chapter 5 due 10 am
2/24 In
class : Discuss Chapter 5
2/27 Connect: Homework chapter 4 due 11 pm
2/28 Connect: Chapter 4 Quiz due at 11 pm
2/29 In
Class : Chapter 5 CP5-3, CP5-4
3/2 In
Class : review Chapters 1-5
3/5 Connect: Homework chapter 5 due 11 pm
3/6 Connect: Chapter 5 Quiz due at 11 pm
3/7 In Class : Exam
Chapters 1-5
3/9 Connect:
Learnsmart Chapter 6 due 10 am
3/9 In
Class: Discuss Chapter 6
3/14 In
Class: Chapter 6: CP6-1, CP6-2,
CP6-4
3/16 Connect: Learnsmart
Chapter 7 due 10 am
3/16 In
class : Discuss Chapter 7
3/19 Connect: Homework chapter 6 due 11 pm
3/20 Connect: Chapter 6 Quiz due at 11 pm
3/21 In
Class : Chapter 7: CP7-1
3/23 Connect:
Learnsmart Chapter 8 due 10 am
3/23 In
Class : Discuss Chapter 8
3/26 Connect:
Homework chapter 7 due 11 pm
3/27 Connect: Chapter 7 Quiz due at 11 pm
Spring Break
4/4 In
class : Chapter 8: CP8-1
4/6 Connect:
Learnsmart Chapter 9 due 10 am
4/6 In
class : Discuss Chapter 9
4/9 Connect: Homework chapter 8 due 11 pm
4/10 Connect: Chapter 8 Quiz due at 11 pm
4/11 In
class: Chapter 9: CP9-1,
CP9-2
4/13 Connect:
Learnsmart Chapter 10 due 10 am
4/13 In
class: Discuss Chapter 10
4/16 Connect: Homework chapter 9 due 11 pm
4/17 Connect: Chapter 9 Quiz due at 11 pm
4/18 In
class: Exam Chapters 6-9
4/20 In
class: Chapter 10: CP10-5, CP10-7
4/23 Connect: Homework chapter 10 due 11 pm
4/24 Connect: Chapter 10 Quiz due at 11 pm
4/25 Connect:
Learnsmart Chapter 11 due 10 am
4/25 In
Class: Discuss Chapter 11
4/27 In
class: Chapter 11: CP11-1, CP11-2,
CP11-4
4/30 Connect: Homework chapter 11 due 11 pm
5/1 Connect: Chapter 11 Quiz due at 11 pm
5/2 Connect:
Learnsmart Chapter 12 due 10 am
5/2 In
Class: Discuss Chapter 12
5/4 In
Class: Chapter 12: CP12-3
5/7 Connect: Homework chapter 12 due 11 pm
5/8 Connect: Chapter 12 Quiz due at 11 pm
5/9 Connect:
Learnsmart Appendix D due 10 am
5/9 In
class: Discuss Appendix D
5/11 In
Class: Appendix D : CPD-1
5/14 Connect: Homework Appendix D due 11 pm
5/15 Connect: Appendix D Quiz due at 11 pm
5/16 Connect:
Learnsmart Chapter 13 due 10 am
5/16 In
Class: Chapter 13: CP13-3, CP13-4,
CP13-6
5/18 Review
Chapters 10-13 + Appendix D
5/21 Connect: Homework chapter 13 due 11 pm
5/22 Connect: Chapter 13 Quiz due at 11 pm
5/25 Exam 3 Chapters 10-13 + Appendix D
Wed 8:10—10:40
Semester long project: 100 POINTS EXTRA CREDIT TOWARD THE QUIZ GRADE
Stock Portfolio Project DUE 5/18
(email to instructor)
You
have inherited the sum of $100,000 from Aunt Millie. You are to invest these
funds in companies which are publicly traded on one of the major stock
exchanges.
This is
an entire semester project which should be done using the EXCEL spreadsheet so
that you can list the purchase price of the stocks and keep track of the dollar
amount of difference on a weekly basis for the entire semester.
At the
end of the semester email your
summary spreadsheet along with an explanation of the purchasing/selling
strategies you used and a total of the dollar amount of profit or loss as a
result of your strategies.
ACTG 121 AB Lab Assignments Spring
2016
If you need to makeup a lab session
or a holiday falls on your scheduled lab day, you will need to select another
lab time to makeup your assignment for that week. The case assignments should
be researched and completed as a group process and only ONE report by members
of the group is required for submission.
Do not worry about changing groups, points will be recorded based on the
names submitted with each assignment.
All lab assignments must be
completed by THURSDAY AT 6:00 PM
Week of 1/25 Chapter
1 S1-1,
CC1-1 10
Points
Week of 2/1 Chapter
2 S2-1,
CC2-1 10
Points
Week of 2/8 Chapter
3 S3-5,
CC3-1 10
Points
Week of 2/22 Chapter
4 C4-1
CC4-1 10
Points
Week of 2/29 Chapter
5 S5-5,
CC5-1 10
Points
3/6 at 11 pm Exam
1 review on
connect 10
Points
Week of 3/14 Chapter
6 S6-4,
CC6-1 10
Points
Week of 3/21 Chapter
7 S7-2,
CC7-1 10
Points
Week of 4/4 Chapter
8 S8-1,
CC8-1 10
Points
Week of 4/11 Chapter
9 S9-5,
CC9-1 10
Points
4/17 at 11 pm Exam
2 review on
connect 10
Points
Week of 4/18 Chapter
10 PA10-7,
CC10-1 10
Points
Week of 4/25 Chapter
11 S11-4,
CC11-1 10
Points
Week of 5/2 Chapter
12 PA12-3,
CC12-1 10
Points
Week of 5/9 Appendix
D PAD-1,
PAD-2 10
Points
Week of 5/16 Chapter
13 S-13-2,
CC13-1 10
Points
5/24 at 11 pm Exam
3 Review on
connect 10
Points
Total Points 170