Course Outline
Introduction to Financial Accounting
BAF3M University/College Preparation Grade: 11
Prerequisite: None
Description: This course introduces students to the fundamental principles and procedures of accounting. Students will develop financial analysis and decision-making skills that will assist them in future studies and/or career opportunities in business. Students will acquire an understanding of accounting for a service and a merchandising business, computerized accounting, financial analysis, and ethics and current issues in accounting.
Prerequisite: None
Resources: Principles of Accounting. Pearson ($80) and workbook ($20)
http://jsbanks.wikispaces.com/ and http://baf3m.wikispaces.com/home
Nature of Course:
Mastery of previously learned concepts is necessary for future understanding in accounting. Because of the “building block” nature of this course, it is essential that students attend regularly, homework is completed, and extra help is sought when necessary. Do not fall behind! It will catch up with you. Each lesson will build upon the next and failure to keep up with the work will result in academic challenges for students. Parents and students can access homework, assignments, due dates and test dates through Mrs. Banks’ link on the Cairine Wilson website (see also Resources above). Students who are legitimately away on the day of a test will have 2 days to complete the test including the day s/he returns to school with a valid note from a parent/guardian or practitioner. Tests will be written either at lunch or after school – not during class. Be prepared. Accounting paper will be required. Students may purchase a workbook for $20.00.
Overall Expectations:
• describe the discipline of accounting and its importance for business;
• describe the differences among the various forms of business organization;
• demonstrate an understanding of the basic procedures and principles of the accounting cycle for a
service business.
• merchandising business;
• demonstrate an understanding of the accounting practices for sales tax;
• apply accounting practices in a computerized environment.
• demonstrate an understanding of internal control procedures in the financial management of a
business;
• evaluate the financial status of a business by analysing performance measures and financial
statements;
• explain how accounting information is used in decision making.
• assess the role of ethics in, and the impact of current issues on, the practice of accounting;
• assess the impact of technology on the accounting functions in business;
• describe professional accounting designations and career opportunities.
role in student achievement of the curriculum expectations. Students will be assessed continually
on the following learning skills:
Works Independently / Teamwork / Organization / Work Habits/Homework / Initiative / Self-Regulation
Accepts responsibility for completing tasks, follows instructions, completes assignments on time and with care, uses time effectively / Works willingly and cooperatively with others, is sensitive to the needs of others, takes responsibility in sharing the work, shows respect for others ideas and opinions / Organizes work, creates a plan to complete tasks, demonstrates the ability to organize and manage information and tasks / Puts forth a consistent effort, completes homework on time and with care, uses time effectively, perseveres with complex tasks that require effort / Responds to challenges and takes risks, seeks out opportunities for learning, identifies problems to solve, seeks additional information / Sets own individual goals and monitors progress towards achieving them
Assessment and Evaluation Policy
Insufficient Evidence / Response
Late, Missed or Skipped Tasks
(Parents are reminded to contact
the school for all absences) / · The student will be consulted regarding the reason
· The parent/’guardian will be contacted
· A second due date will be given.
· If the task is not submitted according to the second due date, deductions of 10% per day up to and including “0” may be awarded in consultation with the School Success team which may include Department Head, Administration, and Guidance
· Students who miss assessment tasks have presented zero evidence of learning. Based on the professional judgement of the teacher, students may be required to complete the assignment in order to meet the overall expectations of the curriculum.
· A final mark of “I” or “insufficient evidence” is acceptable for grade 9 and 10 courses.
Academic Integrity / · Fraudulent work is of no value and provides zero evidence of learning.
· Intentional academic fraud is a disciplinary issue and will incur consequences which may include suspension and mark reduction.
· Teachers will take into account mitigating circumstances when dealing with academic fraud.
· Students will be given an additional opportunity to demonstrate achievement when in the teacher’s professional judgement there is not sufficient evidence that the student has met overall course expectations.
· Fraudulent material will be documented and archived.
· The parent/guardian will be contacted.
· Students who commit intentional academic fraud will forfeit the possibility of winning subject awards.
· All students in grade 9 will be required to attend academic integrity workshops at the beginning of each school year.
EXTRA HELP: The staff of CW is committed to the success of all students. Students are strongly encouraged to seek extra help from the teacher both in and out of the classroom. The Green Room is available after school Tuesday, Wednesday, and Thursday.
Communication: Please feel free to contact me at the school if you have any questions and/or concerns. My email address is . If you would like to speak by phone, please send me an email and we can arrange a convenient time for the both of us.