BRIDGEWATER STATE COLLEGE
DEPARTMENT OF ACCOUNTING AND FINANCE
Course: AF 240 Principles of Accounting I Fall 2002
Professor: Shannon Donovan, BA, MFS, DBA
222 Maxwell Library, 1-508-531-2684, S1donovan@bridgew.edu, website: http://webhost.bridgew.edu/s1donovan or from the faculty web pages at the Bridgewater site www.bridgew.edu. Class information will be available on Blackboard (http://plato.bridgew.edu).
Office Hours: MWF: 8:30am – 9:00am, M: 11:50am- 12:50pm, W: 11:50am- 1:50pm & 8:40pm-9:10pm, and by appointment. I also respond quickly to e-mail.
Course Description: This course is an introduction to accounting intended to familiarize students with accounting theory, accounting procedures, and accounting applications.
Method: Instructional methods employed may include lecture, cases, skill-building exercises, problem solving, student presentations and other activities. These events heighten understanding of the course material. The student’s preparation before class and serious participation in these activities will contribute to learning in this course.
Each chapter and each class will build upon one another in this course, so students need to be prepared prior to each class. If you find yourself falling behind, please see me right away. As you can see from my schedule above, I am available often and in many different formats (class, office, phone and e-mail), so there is no excuse for you not to contact me.
Objectives |
Outcomes |
1. To familiarize students with concepts and principles of accounting. |
Students will pass in-class examinations and quizzes. |
2. To let students demonstrate their ability to use the techniques they have mastered. |
Students will present at least one problem in which they will use the techniques examined in the course. |
3. Give students the opportunity to learn collectively and to exchange ideas in accounting. |
Students will participate both individually and in teams in problem solving and discussion in class to demonstrate their working knowledge of the subject. |
Required Reading: Financial Accounting, Porter and Norton, 3rd Edition, Harcourt.
Other Reading as assigned.
1. Class Participation and homework 10%
2. Presentations 10%
3. Exams (3) 36%
4. Quizzes (bottom 2 will be dropped) 14%
5. Comprehensive Final 30%
1. Class Participation: Attendance, timeliness, preparation of assigned readings, and constructive comments and activity during class sessions are included in Class Participation. Assigned readings, problems, and cases should be done prior to the class meeting for which it is assigned in the schedule (below) or in class. Participation in in-class activities is necessary for enhanced learning in the course. Quality participation is more important than mere attendance. Participation is graded in each class and includes preparation of the material, thoughtful questions, and insights. The text provides the foundation of knowledge for class activities and discussion. The course assumes that the student has read the text and that the student’s role is active and dynamic. The final grade in this area will reflect the student’s oral contribution to the classroom learning environment.
Three unexcused absences will be allowed, for every two classes missed after that the grade will be dropped by 1/3, In other words, if you miss five classes and have a B average, then you will receive a B-. If you miss nine classes and you have a B average, then you will receive a C.
Participation and attendance is important. Each chapter builds on the other and there will be information and discussion given in class that will be included in exams and is not in the text. You will be responsible to get every assignment, so it is advised that you exchange phone numbers or e-mails with class mates if you miss class.
2. Presentation: The presentations will give students the ability to demonstrate their knowledge of the techniques. This project may be a group or an individual effort depending on the size of the class. More details will be given in class.
3. Exams : Three exams will be given covering about two chapters at a time. A detailed study guide will be given before the exam to help you prepare.
4. Quizzes: Approximately 9 quizzes will be given throughout the course. These quizzes will be very short and may be unannounced. The bottom two quizzes will be dropped for grading purposes.
5. Comprehensive Exam: This exam will test the student’s comprehension of all the material in the course. This will be given during the final exam period.
Module |
Week of |
Topic |
Assignment |
1 |
9/2 (no Monday Class) |
Ch. 1: Accounting as a form of Communication |
Read Chapter 1 |
2 |
9/9 |
Cont. Ch. 1 |
Complete assigned Problems |
3 |
9/16 |
Chapter 2: Financial Statements and the Annual Report |
Read Chapter 2 & Complete assigned Problems |
4 |
9/23 |
Cont. Ch. 2 & Start Ch.3: Processing Accounting Information |
Exam 1 & Read Ch. 3 |
5 |
9/30 |
Cont. Ch. 3 |
Complete assigned Problems |
6 |
10/7 |
Finish Ch. 3 & Start Ch. 4: Income Measurement and Accrual Accounting |
Read Ch. 4 and Complete assigned Problems |
7 |
10/14 (no Monday class) |
Cont. Ch. 4 |
Complete assigned Problems |
8 |
10/21 |
Cont. Ch. 4 |
Exam 2 |
9 |
10/28 |
Ch. 5: Merchandise Accounting and Internal Control |
Read Chapter 5 & Complete assigned Problems |
10 |
11/4 |
Cont. Ch. 5 and Start Ch. 6: Inventories and Cost of Goods Sold |
Read Chapter 6 & Complete assigned Problems |
11 |
11/11 (no class Monday) |
Cont. Ch. 6 |
Complete assigned Problems |
12 |
11/18 |
Finish Ch. 6 |
Exam 3 |
13 |
11/25 (no Friday Class) |
Ch. 7: Cash, Investments and Receivables |
Read Chapter 7 & Complete assigned Problems |
14 |
12/2 |
Cont. Chapter 7 |
Complete assigned Problems |
15 |
12/9 (no Friday Class) |
Review |
Review |
Final Exam |
|
|
Final Exam |
Problems and cases will be assigned each class.
Schedule is subject to change.