Section 11A - Course Syllabus
Part I – Course Outline-Scrum Think Model
School/Department Name: Cambridge College
Program: Management
Course Number and Title: Financial Accounting BSM 330
Instructor: Jim Hannon
Course Dates Fall 2013
Course Time
S 10:05 AM-12:35 PM / 9/14/2013 - 12/21/2013 / Room 201Course Catalog Description:
This course introduces the principles that govern financial accounting systems and the income statement and balance sheet that are the principal end products. Students learn how accounting information is used to evaluate the performance and financial status of private, non-profit and public organizations. The course emphasizes the use of accounting information by managers within the organization and by shareholders, lenders, and other outside parties. Basic accounting terms and concepts, and the language of financial management are presented as well as the essentials of the accounting process. The course also builds an awareness of the ethical, information and regulatory environment of accounting.
Course Outline
Course Content and Design:
This course is designed to use the textbook material, outside material and other resources the instructor can marshal to ensure the student maximizes the experience. It is expected that the student plays a very pro-active role in searching out the instructor if issues arise and is active in all requested activities. The instructor requests that each student notify the instructor within 48 hours of receiving this syllabus and state they agree with the guidelines for the course
Course Requirements:
Please refer to the Cambridge College Reference Material and your academic advisor. The instructor suggests that the student has a basic math background
Required Readings:
Financial Accounting, (order the latest edition)
Robert Libby, Cornell University - Ithaca
Patricia A. Libby, Ithaca College
Daniel G. Short, Texas Christian University
ISBN: 0073526886
Copyright year: 2009
And the following book available at Barnes and Noble
Scrum: The Art of Doing Twice the Work in Half the Time
The instructor will frequently email articles from Bloomberg and the WSJ that will need to be read before the upcoming class
Recommended Readings:
This is not required but students should read the Wall Street Journal at least two days a week
Licensure Standards Assessed (if applicable)
N/A
Knowledge Outcomes:
The students should have a solid working background of the fundamentals of the Financial Accounting Process. The student should be able to tie back real world information to the material that was studied in class.
Attitudinal and Behavioral Outcomes (if appropriate):
This course will introduce a new concept of letter of understanding between you and the instructor. This letter of understanding is an informal agreement between us that we are partners in your outcome for this course. The letter of understanding will be delivered as a separate document and must be signed and reviewed one on one with the instructor at least once during the course.
Strategies for Assessing Student Performance and Awarding a Letter Grade:
This class will have two methods to assess student performance. The first method is a “real world” application using the exercise of Monopoly. The second method will revolve on the academic aspects of the final, quizzes and participation. This approach will allow the students to experience and manage the material to achieve the highest grade possible. The course is built under the basic rule that you do not get grades but earn your grades. The important aspect is not manage your studies to just get a grade but manage your studies to maximize your knowledge.
Details on the components of your grade
Class participation
Participation will be graded as follows:
Gave evidence of preparing for most classes, asked questions or
answered questions put to the class in most classes, was on time,
and treated the instructor and other students with respect.10 pts
Showed some evidence of preparation occasionally, spoke when
called on, was generally on time and treated everyone with respect.
7 pts
Showed little evidence of preparation, spoke little if at all, but wasgenerally on time and treated everyone with respect. 5 pts
Showed no evidence of preparation, spoke little if at all, was
late frequently, maybe left early frequently and seemed to care
less about the course.
0 pts
Midterm and Final
The midterm and final will be a 25 question cumulative exam from each point. The questions can range from problems, essays, multiple choice, true/false.
Monopoly
This will be a exercise played during the term and there will be a document posted that will detail the procedure
Grading Policy:
Letter Grade / Percentage Range / Numeric Value / Letter Grade / Percentage Range / Numeric ValueA / 93-100 / 4.0 / C / 73-76 / 2.0
A- / 90-92 / 3.7 / C- / 70-72 / 1.7
B+ / 87-89 / 3.3 / D+ / 67-69 / 1.3
B / 83-86 / 3.0 / D / 60-66 / 1.0
B- / 80-82 / 2.7 / F / 0-59 / 0.0
C+ / 77-79 / 2.3 / NCI / 0.0
Performance in the course will be judged on the basis of the following:
Class Participation and Attendance10% done as an individual
Monopoly Presentation 20% Scrum Team
Midtermand final 40% Scrum Team
Homework/Quizzes 30%done as an individual
Total 100%
You are responsible for turning in assignments on the due date as indicated in the following course schedule. You are encouraged to work together before class, but it is not acceptable to come to class and quickly copy someone else's homework. The instructor will not accept homework where this practice has been noted. Late homework will be marked down due to tardiness.
Academic Integrity
Students are expected to maintain integrity in all academic work. They will not attempt to get grades by any means other than honest academic effort. All work must be completed by individual students except for group projects. It is not permissible to hand in the same work for different courses.
Plagiarism is the use of another’s work, thoughts, or language without giving credit. Cambridge College students will not summarize, copy, or use the work of another person or source without proper acknowledgement. Plagiarism is dishonest and a serious academic offense.
Any breach of academic integrity is grounds for a grade of “No Credit” in academic courses and/or dismissal from the College.
Students with Disabilities:
Cambridge College complies with the Americans with Disabilities Act and Section 504 of
Cambridge College complies with the Americans with Disabilities Act and Section 504 of the Rehabilitation Act to provide equal access to educational programs at Cambridge College. Any student who feels s/he may need an accommodation based on the impact of learning, psychological, and/or physical disabilities and has appropriate documentation may be eligible for accommodations. Students should contact the Coordinator of Academic and Disability Support Services as soon as possible at (617) 873-0191 or .
Requests for accommodations must be made within the first week of the term so that timely and appropriate arrangements can be made. All students are expected to fulfill essential course requirements in order to receive a passing grade in a class, with or without reasonable accommodations. Accommodations cannot be granted retroactively. All requests are confidential.
Online Library Services:
Cambridge College Online Library(CCOL) provides an extensive collection of full-text articles from thousands of scholarly journals and 36,000+ full-text books, live reference librarian support 24 hours every day, and instruction and resources for doing research in all of our subject areas. It’s free, it’s always available, and for information and instructions about Cambridge College library services and resources, go to
and click the link How to Use CCOL Handbook.
To enter the CCOL, you must have MyCC access (or contact for temporary access.)
- Log into your MyCC portal homepage
- Click the third tab, Academics
- In the right column, click Online Library link
- This should take you directly to the CCOL Home Page
If you cannot get to the “CCOL Home Page, you may have a firewall or browser technical problem: contact Cambridge College Technical Support at 1-800-877-4723 x1159 or (617) 873-0159. Further info is at
For information about traditional library arrangements for your campus site, see the “Traditional Library Skills” section of
Faculty Contact Information:
Office:Cambridge College I will be in the class 45 minutes early depending upon traffic before each class
Phone:508-333-6002 Office:
Cellular: 508-333-6002
E-mail:
I will make every effort to respond back on all correspondence in 24 hours
The instructor reserves the right to change any part of the syllabus at any time.
Draft
Section 11B - Course Syllabus
Part II – Class Agenda
CLASS AGENDA
Session I:
Topic: Intro to Accounting
Course Number and Title: Financial Accounting
Required Readings: Introduction to class Overview to Financial Accounting Chs. 1 & 2
Activities and Assignments: Syllabus review and in class exercises
Assessment: Homework problems chapter 1
Session II:
Topic: Accounting framework
Required Readings: Chapter 3
Activities and Assignments: Homework problems
Assessment: pass in previous weeks homework
Session III:
Topic: Financial accounting framework (cont)
Required Readings: Chapter 4
Activities and Assignments: Group review of homework
Assessment: Quiz chapter 1-3
Session IV:
Topic: Adjustments
Required Readings: chapter 5
Activities and Assignments: group review
Assessment: Midterm due and homework assignment
Session V:
Topic: Accounting financial reporting
Required Readings: chapter 6
Activities and Assignments: ethics review assignment and monopoly exercises
Assessment: review of homework
Session VI:
Topic: Cash and receivables
Required Readings: chapter 7
Activities and Assignments: monopoly
Assessment: ethic review assignment
Session VII:
Topic: Cash and receivable (cont)
Required Readings: chapter 8
Activities and Assignments: monopoly
Assessment: review monopoly to date /midterm
Session VIII:
Topic: Tangible assets
Required Readings: chapter 9
Activities and Assignments: monopoly and homework
Assessment: quiz
Session IX
Topic: Tangible assets
Required Readings: Chapter 10
Activities and Assignments: homework
Assessment: review homework
Session X:
Topic: Long term assets
Required Readings: chapter 11
Activities and Assignments: monopoly and review of financial statements-GE
Assessment: group discussion
Session XI:
Topic: Long term assets (cont)
Required Readings: Chapter 11
Activities and Assignments: GE report review
Assessment: homework
Session XII:
Topic: Long term liabilities
Required Readings: Chapter 12
Activities and Assignments: GE report review
Assessment: monopoly review
Session XIII:
Topic: Long term liabilities (cont)
Required Readings: Chapter 13
Activities and Assignments: Monopoly
Assessment: review of financial report
Session XIV:
Topic: Final monopoly review
Required Readings: NA
Activities and Assignments: NA
Assessment:group review of monopoly
Section 11A - Course Syllabus Sample Template Part I (Course Outline) Page 1 of 14