OCEAN COUNTY COLLEGE

Professor’s Syllabus

Professor’s Name: M. KARL KLEINER (ASSOCIATE PROFESSOR)

B.A. Rutgers University

M.B.A. Fairleigh Dickinson University

M.Ed. Rutgers University

Course Title: ACCT 162 – Principles of Accounting II

Course Description: Continuation of ACCT 161. The formation, operation, and dissolution of partnerships. Accounting for stock transactions and dividends of corporations, long-term liabilities and investments, statement of cash flows, analysis of financial statements, cost-volume-profit analysis, and budgetary planning.

Semester: Fall 2013

Office Location: Instructional Building, Room 313

Phone Number: (732) 255-0400, Ext. 2219

E-Mail Address:

Office Hours: Monday/Thursday (2:00-3:00), Tuesday/Friday (11:00-12:00 noon).

Other Meeting Times: To arrange a meeting with your instructor in addition to the regularly scheduled office hours, please contact your instructor directly or contact the Department of Business Studies at (732) 255-0390 or at .

Required Text and Other Materials: Accounting Principles, 10th edition, by Weygandt, Kieso, Kimmel and WileyPlus Set.

General Education Goals Addressed in the Course:

·  To develop the ability to become an independent thinker through mathematical, scientific, and philosophical reasoning.

·  To develop the ability to communicate effectively through reading, listening, speaking, and writing.

·  To develop the ability to solve problems by collecting, organizing, and evaluating information.

·  To develop both the ability and moral sensitivity needed to make informed judgments concerning ethical issues.

·  To develop an understanding of the concepts, theories and fundamental principles of the natural and social sciences.

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·  To develop an understanding of the aesthetic and intellectual experience of literature and the arts and appreciate creative expression.

·  To develop a historical consciousness, including the ability to reflect thoughtfully and accurately about historical and contemporary issues of local, national, and global importance.

·  To develop an understanding and appreciation of diversity among cultures, including respect for various ways of viewing the world.

·  To develop a global perspective on problems and issues that humankind faces, and to explore solutions which are morally, socially, economically, politically, and ecologically sound.

·  To develop the understanding of health and well being necessary to confront the challenges facing individuals, families and communities.

·  To develop and demonstrate civic and social responsibility.

·  To develop an understanding of technology and its impact on society and the environment.

·  To foster the curiosity, creativity and desire to become autonomous learners for life.

Course Standards: Students will be expected to be on time for classes. Classes will commence and end at the established time. Students who are late or absent should make their own arrangements for any lecture material(s), notes, etc. missed.

Attendance Policy: Each student will be expected to attend all class meetings. The maximum number of absences will be dealt with in accordance to the college’s Academic Standards policy.

Academic Achievement: Final grade will be based on the following:

Examinations (7): 85%

Assignments and class participation: 15%

A cumulative test will be given at the end of the semester.

Grading Scale:

A = 90%+ Excellent

B+ = 85 to 89% Very Good

B = 80-84% Good

C+ = 75 to 79% Above Average

C = 70 to 74% Average

D = 60-69% Passing-Below Average

F = 59 and below Failure

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Course Outline:

Chapter: Subject (Number) Assignment

The Corporate Form of Organization (13) P13-1A, P13-2A, P13-3A

Corporations: Dividends, Retained Earnings, and

Income Reporting (14) P14-1A, P14-2A, P14-5A,

Long-Term Liabilities (15) P15-1A, P15-2A, P15-8A

Investments (16) P16-1A thru P16-5A

The Statement of Cash Flows (17) P17-9A

Financial Statement Analysis (18) E18-4, P18-2, P18-3

Cost-Volume-Profit Relationships (22) P22-1A thru P22-3A

Budgetary Planning (23) P23-1A thru P23-3A

Accounting for Partnerships (12) P12-1A thru P12-5A

Statement of Plagiarism: Students should refer to the student handbook and review Policy #5180. This policy states that there is to be no cheating on our tests or on projects.

Statement about Civility: Ocean County College defines civility primarily as the demonstration of respect for others, basic courtesy, reciprocity (treating others as we wish to be treated), and behaviors that create a positive environment in which to learn and to work. [See www.ocean.edu/civility.htm]

Campus Resources and Services: Tutoring is available for students in the Writing Lab and Mathematics Tutoring Center for all subject areas not just English courses. For tutoring in other areas such as Accounting and the Sciences, please contact the individual academic department personnel.

Statement of Accommodation: If there is any student in this class who has special needs because of learning disabilities or other kinds of disabilities, please feel free to come and discuss this with me.

Disclaimer: The schedule and procedures described in this course outline are subject to change depending on the needs of the class.

The course withdrawal deadline for Fall 2013: November 7, 2013