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HomeMy WebLinkAboutACC-100Bergen Community College Division of Business and Social Sciences Department of Business ACC-100 Introduction to Accounting Semester and Year: Meeting times & Location: Office Hours & Location: Phone: Email Course Description ACC 100 Introduction to Accounting explores the need for and use of accounting information in the business world, and provides an overview of accounting careers. The course is designed to give students a user’s perspective of accounting and to provide them with the necessary communication and analytical skills needed to succeed in future accounting courses. (Credits: 3 total, 2 lecture and 1 lab) Prerequisites: None Co-requisites: None Student Learning Outcomes And Means of Assessment As a result of meeting the requirements of the course, students will be able to: 1. Identify forms of business organizations, business activities and financial statements 2. Prepare financial statements such as income statement, retained earnings statement and balance sheet. 3. Analyze various transactions and accounts 4. Evaluate liquidity, solvency and profitability Means of Assessment Mastery of the student learning outcomes will be assessed using a combination of: • Lab and homework assignments • Quizzes and Exams • Projects and case studies • Presentations Course Texts Title: College Accounting with WileyPlus Author: Weygandt You can access the course material, including the etext, study tools and assignments through Bergen’s Canvas portal. The cost is included in your student fee. OPTIONAL MATERIAL - Students desiring a hard copy of text may purchase a package at the BCC Bookstore or via direct purchase from the publisher for additional savings. You may also visit the following URL to purchase directly from Wiley https://www.wileyplus.com/user-login/ Coverage Welcome to Accounting The Accounting Equation and Transaction Analysis The Recording Process: Debits and Credits The Recording Process: The Journal, The Ledger, and the Trial Balance Adjusting the Accounts and Preparing an Adjusted Trial Balance Completing a Worksheet and Completing the Accounting Cycle Merchandising Companies: Purchases (Perpetual) Merchandising Companies: Sales (Perpetual) Merchandising Companies: Worksheets and Financial Statements (Perpetual) Special Journals Inventory Cash, Banking, and Internal Controls Payroll Accounting: Employee Taxes and Records Payroll Accounting: Employer Taxes and Records Writing and Critical Thinking Requirements: There is no specific writing requirement. Students are required to demonstrate critical thinking by demonstrating an ability to analyze data and solve problems based on various accounting and business situations. Grading And Assessment Faculty members are encouraged to use multiple methods of assessment and to assess student learning frequently. A midterm and final exam are not sufficient measures of student learning. Some examples of assessment methods are: • Daily or weekly short quizzes • Unit exams (multiple choice, problems and/or essays – a mix is best) Use of True/False questions are prohibited. • Student presentations, group or individual (a topic from the text, results of research, etc) • Research reports or term papers either group or individual • Class participation (Note: class participation grades cannot be based solely on attendance but must reflect participation in discussion, responses to questions, etc., and should be recorded in the instructor’s grade book.) GRADING Examinations 20-60% Graded homework and in-class assignments 10-30% Projects and cases 10-30% Total 100% *Class participation grades cannot be based solely on attendance. The grade must be based on objective recordings in the instructor’s grade book of participation, discussion, responses to questions, etc BCC Attendance Policy: All students are expected to attend punctually every scheduled meeting of each course in which they are registered. Attendance and lateness policies and sanctions are to be determined by the instructor for each section of each course. These will be estab lished in writing on the individual course outline. Attendance will be kept by the instructor for administrative and counseling purposes. Attendance Policy in this Course: It is at the instructor’s discretion to institute an attendance policy. If a student will be penalized for absences and lateness, it is incumbent upon the instructor to include those provisions in the outline. Suspension Of Classes Students should check Bergen’s website in the event of emergencies when classes may have to be suspended; they should regularly check email for information from instructors regarding cancelled class(es). Student and Faculty Support Services The Distance Learning Office – for any problems you may have accessing your online courses RoomC-334 201-612-5581 psimms@bergen.edu The Tutoring Center The Writing Center Room L125 Room L125 201-447-7489 https://bergen.edu/tutoring/tutoring-center/ 201-447-7908 The Online Writing Lab On Line at: https://bergen.edu/tutoring/writing-center/ The Office of Specialized Services (for Students with Disabilities) RoomS-131 201-612-5270 https://bergen.edu/?s=office+of+special+services The Sidney Silverman Library – Reference Desk Room L226 201-447-7436 Other College, Divisional, and/or Departmental Policy Statements: ADA Statement: Bergen Community College is committed to ensuring the full participation of all students in its programs. If you have a documented disability (or think you may have a disability) and, as a result, need a reasonable accommodation to participate in this class, complete course requirements, or benefit from the College’s programs or services, contact the Office of Special Services (OSS) as soon as possible at 201- 612-5270 or www.bergen.edu/oss. To receive any academic accommodation, you must be appropriately registered with OSS. The OSS works with students confidentially and does not disclose any disability -related information without their permission. The OSS serves as a clearinghouse on disability issues and works in partnership with faculty and all other student service offices. Statement of Plagiarism: From BCC’s Student Code of Conduct, pp. 8-9: Plagiarism is a form of academic dishonesty and may be a violation of U.S. Copyright laws. Plagiarism is defined as the act of taking someone else’s words, opinions, or ideas and claiming them as one’s own. Plagiarism includes, but is not limited to the use, by paraphrase or direct quotation, of the published or unpublished work of another perso n without full and clear acknowledgment of their authorship. It also includes materials prepared by another person or agency engaged in the selling of term papers or other academic materials. examples of plagiarism include instances in which a student: • K nowingly representing the work of others as his/her own; • represents previously completed academic work as current; • Submits a paper or other academic work for credit, which includes, words, ideas, data or creative work of others without acknowledging the source; and/or • uses another author’s exact words without enclosing them in quotation marks and citing them appropriately. Plagiarism is a serious offense and will result in not only failing the paper and possibly the course, but the incident will be re ported to the Dean of Student Life and Conduct and the violation put on record. Course Outline and Calendar: Course Outline Week Coverage 1 Welcome to Accounting 2 The Accounting Equation and Transaction Analysis 3 The Recording Process: Debits and Credits and The Recording Process: The Journal, The Ledger, and the Trial Balance 4 Adjusting the Accounts and Preparing an Adjusted Trial Balance 5 EXAM 6 Completing a Worksheet and Completing the Accounting Cycle 7 Merchandising Companies: Purchases (Perpetual) and Merchandising Companies: Sales (Perpetual) 8 Merchandising Companies: Worksheets and Financial Statements (Perpetual) 9 Special Journals 10 EXAM 11 Inventory 12 Cash, Banking, and Internal Controls 13 Payroll Accounting: Employee Taxes and Records 14 Payroll Accounting: Employer Taxes and Records 15 EXAM