BRIDGEWATER STATE COLLEGE

DEPARTMENT OF ACCOUNTING AND FINANCE

SYLLABUS

PRINCIPLES OF ACCOUNTING II

Shannon Donovan BA, MFS

Course AF-241 T-TH  8-9:15AM                                         

                           Wed 12-2:40PM/ 3-5:50PM

Office Hours (Room L-222)

T: 9:15-11:00, W 10:30-12:00, & 8:40-9:10 PM, 

Th- 9:15-10:00 or by appt.

Spring 2002

Web Site – http://webhost.bridgew.edu/s1donovan or www.bridgew.edu and go to Faculty Web sites

Telephone: 508-531-2684

E-Mail: S1donovan@bridgew.edu

COURSE DESCRIPTION: Investments, fund and cash flow analysis, budgetary control, introduction to cost accounting.

METHODInstructional 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.   

Course Objectives/Outcomes

Objectives

Outcomes

1. To familiarize students with concepts and principles of accounting.

Students will pass in-class examinations.

2. To let students demonstrate their ability to use the techniques they have mastered.

Students will present at least one problem and complete a financial analysis of a corporation in which they will use the techniques examined in the course.

3. Give students the opportunity to learn collectively and to exchange ideas on 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: Fundamental Accounting Concepts, Edmonds, McNair, Milam, and Olds, 3rd Edition, Irwin, McGraw-Hill.

Other Reading as assigned.

Student Evaluation

1.             Class Participation and homework                                                                                              10%

2.                Presentation                                                                                                                         10%

3.             Exams (3) & Quiz (1)                                                                                                        45%

4.                 Comprehensive Final                                                                                                           25%

5.             Annual Statement Project                                                                                                 10%

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. These problems may be periodically collected.  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. 

Students are encouraged to ask and answer questions during class, however all discussion should be directed to the professor and the class in general.  No talking among classmates outside this discussion will be tolerated; it is distracting to the professor and the other students in the classroom and it is rude.  This will count highly towards your participation grade.

Attendance is an integral part of this course.  Some material for which you will be responsible is not included in the text. Two absences will be allowed for the classes that meet once a week and four will be allowed for the classes that meet twice a week. For every incremental two absences beyond the two allowed, the lowering of a student grade by 1/3 grade will result.  For example, if cumulative grade is “B” and you miss four classes, your final grade will be lowered to a “B-“.  Success in this course requires attendance and should require a preparation level of 6-10 hours outside class WEEKLY.

2.       Presentation: The presentation will give students the ability to demonstrate their knowledge of the techniques. The presentation should be professional and requires visual aides. This project should be an individual effort.  More details will be given in class.

3.       Exams : Three exams will be given covering two chapters at a time. A detailed study guide will be given before the exam to help you prepare.

4.       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.

5.       Annual Statement Project:  This project will allow the student to demonstrate their skills by analyzing a corporation.

Suggestions:

If you are having trouble, see me right away.  My schedule is on my office door.  Also, there is a phone number and e-mail that I have provided.  There should be no excuse that you could not reach me. Extra help will gladly be provided to all those who attend class regularly and complete homework assignments.  Prepare – read the chapter, do the homework, attend classes and participate. Don’t fall behind.

 

Schedule of Events- Tuesday/Thursday Class

WEEK

TOPICS

ASSIGNMENTS

1/14

Review AF-240

Chapter 5- Intro Inventory

E5-1-13, 16

P5-1A-6A

1/21

(No Tuesday Class)

Cont. Ch 5

 

1/28

Chapter 8 – Investment &Inventory

E8-1 thru 10, 14

P8-1A thru 5A

2/4

Exam #1 (Ch. 5 & 8)

Finish Ch. 8

 

2/11

Chapter 9 Long Term Assets

E9-1 thru 11,13,14,19

P9-1A thru 5A, 7A

2/18

(No Wednesday class)

Cont. Ch. 9

 

2/25

Chapter 10 – Debt

E10-2 thru 5, 7 thru 12,18

P10-1A thru 5A, 7A

3/18

Cont. Ch. 10

 

3/25

Exam #2  (Ch. 9 & 10)

Chapter 11 – Equity

E11-1 thru 16

P11-1A thru 6A, 8A

4/1

Cont. Ch. 11

 

4/8

Exam 3 (ch 11& review of 9&10)

 

4/15

Chapter 12 – Cash Flows

 

E12-1 thru 10

P12 1A, 3A thru 5A, 8A

4/22

Quiz (Ch. 12)

Ratios and Financial Statement Analysis

Handouts

4/29

 Review Week

Financial Statement Project

5/6

Exam Week

 

Syllabus may be changed at the instructor’s discretion.