CCBC: CATONSVILLE

School of Business, Criminal Justice and Law

Business Studies Department

Course Syllabus

ACCT 102_WC1___ Principles of Accounting II CRN91283______

  1. COURSE DESCRIPTION:

Principles of Accounting II introduces accounting for partnerships and corporations through the use of specific accounting problems. Practice is also developed in the use of current accounting systems procedures and in the preparation of financial statements. ACCT 102 is also an introduction to managerial accounting and cost accounting.Prerequisite: ACCT 101

  1. INSTRUCTOR: ASSOC PROF James Bryant______
  2. OFFICE:BESS 309 TELEPHONE:443 840 4204_

E-MAIL:______

  1. Office Hours:_MWF 9-11am;T Th 8:30-9:30 am,11-12am;

T 6-7 pm______

D. CCBC Catonsville Business Department contact: 443-840-4545 FAX 443-840-5321

E. Classes meet ______Room ______

F. This is a three credit course. You are expected to complete at least six hours of work per week outside of the class including reading, class preparation, homework, studying, etc.

G. TEXT:Fundamental Accounting Principles, 21st edition

Wild , Shaw and Chiappetta, published by McGraw-Hill-Irwin with Connect and Learn Smart

H. Blackboard supplemental site

  1. A.Course Goals:Upon successful completion of this course, students will be able to:
  1. Explain the various methods of accounting for partnership transactions;
  2. Explain the methods of accounting for various stock transactions including the issuance of stock, treasury stock and other corporate equity events;
  3. Compute earnings per share and book value per share.
  4. Explain and record bond transactions;
  5. Explain the relevance and prepare cash flow statements;
  6. Explain the similarities and differences between financial and managerial accounting;
  7. Prepare journal entries for typical job cost and process cost transactions;
  8. Explain the components of the master budget;
  9. Explain and execute cost-volume-profit analysis; and,
  10. Explain and prepare capital expenditure analysis and calculations.
  1. Topics include Partnership/LLC’s, Corporate equity issuance, long term liabilities, cash flow statement, financial analysis, managerial accounting, job cost and process cost, break-even analysis, flexible budgeting and standard costs and capital budgeting.
  1. Course Rationale: In today’s world, it is critical that students have a broad understanding of business entities and interpretation of financial data.
  2. D. Instructional Methods: The methods used to accomplish these objectives will include on-line lecture notes, power point presentations,and homework exercises and problems. The use of the “Connect” software an integral part of the class.

E. McGraw Hill ”Connect” software is required for the course. “Connect” is used to teach and assess student performance. The Student should read the required material and complete the “learn smart” assignment ;then after the student is to complete the “homework” and then the “tests” per the schedule.

III. A Requirements for the course are:

Complete “Connect” Learn Smart – Homework and Tests as detailed in IV E Course Outline

1 Individual Written essay to be given in class

B. Evaluation: GRADES:

Through a variety of learning experiences including lecture, class discussions, and audio-visual materials, students will learn and apply financial and managerial accounting concepts and procedures. Sixty (80) percent of the course grade will be earned by tests and ten (10) by written assignments, graded homework and other assessment instruments as determined by each instructor.

A written assignment (ten (10%) will be required, more info later.

.

Letter grades will be awarded for the following numerical averages:

90-100A

80-89B

70-79C

60-69D

Below 60F

C. ATTENDANCE POLICY:

Regular attendance and participation in class are requirements for this course. The instructor will enforce the CCBC college-wide attendance policy. As a courtesy to the instructor and fellow students, students should plan to arrive prior to the scheduled start time of class so as not to disrupt the class.

  1. AUDIT POLICY:According to the Spring 2014 Academic Calendar, the last day to withdraw with a “W” is April 7, 2014 .The last day to change to audit status is February 14,2014. If you change to audit you are expected to contact the instructor to determine the requirements. Otherwise the grade will change to a “W”. To audit a class you must attend class throughout the semester.

IV. Course Procedures

  1. MAKE-UP POLICY:

Make-up exams will not be given unless the instructor is notified prior to the exam date that the student will be absent. Implementation of the make-up policy is based on each instructor’s requirements.

CLASSROOM MANAGEMENT/STUDENT BEHAVIOR:

The goal of classroom activities is to provide the greatest educational benefit to all students. Class participants should expect and provide mutual respect and consideration in words and actions. Student behavior in class should not interfere with the rights of others or with the educational process. An instructor has the right to dismiss a student from class for behavior he/she judges to be disruptive to the teaching and learning process. Refer to the College Catalog section entitled ‘Academic Information and Learning Support – Code of Conduct’ for more information.

ACADEMIC

INTEGRITY:Cheating and plagiarism will not be tolerated. A student found to have engaged in either will receive a failing grade for the course.

STUDENTS REQUIRING

SPECIAL SERVICES:If you are a student in need of special services, please inform me at the beginning of the semester to ensure that suitable arrangements are made.

  1. For College-wide syllabus policies, such as the Code of Conduct, Classroom Behavior, Academic Integrity and Audit/Withdrawal, go to “syllabus tab: on MYCCBC page on
  1. STUDENT

CONCERNS:CCBC is dedicated to helping students make the most of their academic experience; therefore, we seek to maintain a positive environment for you to attain your academic goals. If you encounter problems or have concerns about an experience you have encountered, there are established procedures that you may use to bring your concerns to the attention of the proper authorities within CCBC. Students should first attempt to take concerns to the faculty member. If students are unable to resolve course-related concerns with the instructor they should contact Assoc. Prof James Bryant (),program coordinator, Professor Jane Mattes, department chair at (443) 840–4735 or her administrative assistant Paige Sweeney at (443) 840–4545or Dr. Dennis Seymour, Dean of the School of BCJL at (443) 840–3736.

Please see the below for additional information:

http://ccbcmd.edu/catalog12/senatepolicies/Student_Concerns_Policy.html

Weather Closing Policy: In case of a delayed opening, College policy is that students should attend classes in progress at the opening time

D. Course Contact Information
CCBC Technology Help Desk
McGraw Hill “Connect” Help Desk 800.331.5094

  1. Projects and written assignments:Every written assignment submitted for credit must be typed, and meet the guidelines set forth in the assignment. Papers which fail to meet any of the requirements will be returned without a grade. Late, incomplete assignments will receive a grade of “0” (no credit) .

F: Course outline and assignments:

Chapter / Topic / SEE CONNECT
12 / Accounting for Partnerships
13 / Accounting for Corporations
EXAM I
14 / Long-Term Liabilities
16 / Reporting the Statement of Cash Flows
17 / Analysis of Financial Statements
EXAM II
18 / Managerial Accounting Concepts and Principles
19 / Job Order Cost Accounting
20 / Process Cost Accounting
22 / Cost-Volume-Profit Analysis
EXAM III
24 / Flexible Budgets and Standard Costs
25 / Capital Budgeting and Managerial Decisions
FINAL

*All the problems refer to the “A” set of problems

All assignments above are submitted through the CONNECT product