Dear
Accounting Student:
Welcome
to the Principles of Accounting Television course. This course is designed to present clear, concise lectures on
topics in accounting. The television
presentations, coupled with your text, working papers plus, and web site,
provide you with the tools needed to master the course.
My
purpose as the instructor for the course is to help you better grasp the
concepts presented and to clarify areas of concern.
To
assure success in this course please read and follow the steps outlined in the
attached syllabus. The syllabus is step
one in identifying future steps to becoming successful in the course.
Remember,
if you have questions regarding my materials or the authors, dont hesitate to
call or e-mail. On your first assignment,
please send me your e-mail address.
Patricia
H. Holmes, CPA
Accounting
Instructor
(515)
964-6349
COURSE SYLLABUS
PRINCIPLES OF ACCOUNTING I
Telecourse
Des Moines Area Community
College
Summer 2001
Channel 46
Tuesday and Thursday
11:00AM - 12:00 noon
June 5 July 31 NO REPEATS
Please check the schedule of
assignments for actual airing times
Instructor: Patricia H. Holmes, CPA
PRINCIPLES OF ACCOUNTING
SYLLABUS FOR SUMMER 2001
COURSE
OBJECTIVES:
This
course consists of three overall objectives:
1.
To
apply financial accounting within the context of organizational decision making.
2.
To
demonstrate accounting literacy after completing the course by (a) conveying an
understanding of accounting as the language of business, and (b) developing an
appreciation for the role that business plays in society.
3.
To
develop ability to successfully produce, read, understand, and use financial
statements.
Specific
learning objectives relating to each chapter are presented in the study guide.
Course
Materials:
Text: Accounting; Warren Reeve, Fees,
Southwestern, 19th edition
Study
Guide: Working Papers Plus
Text. This is the main source of the course content on which you will be tested. Each week you will read two chapters and
complete the assignments and mail the assignment to me.
Televised
lessons. Channel
46, AT&T Cable Services, Des Moines viewing area, will broadcast the
programs. The 24 telelessons have been
designed to illustrate and to enrich the statements of the text. The text presents the same ideas in a
different format. The combination of
the two provided you with two ways of reinforcing the same concept.
The
telelessions are broadcast on Channel
46, AT&T, on Tuesday and Thursday
from 11:00 AM 12:00 Noon.
There will be two lessons presented on each day. The programs will not be repeated. A calendar listing of broadcast dates
and times is enclosed. If you do miss a telelesson, it is possible to view the
videotape of the telelesson at the campus libraries on the Ankeny, Urban,
Boone, Newton, and Carroll Campuses. If
you have a VCR, you may find it helpful to record it and listen/watch it at a
later date for review or reinforcement.
Assignments. The schedule of assignments appears following the syllabus. Each week, you will mail back the
assignments completed to me. Deadlines
for completion appear on the assignment schedule sheet. You will receive credit for the assignments
completed. The assignments are from the
exercises and problems found at the end of each chapter. The assignments are comparable to those
expected from students enrolled in the on campus Acct 101 class. Please feel
free to contact me if you are having problems.
You should use the forms in the Working Paper Plus when submitting the
answers. After evaluating the
assignments, we will mail them back to you in a timely manner.
Mail
the completed assignments to:
Accounting Dept. Bldg. 8
Des Moines Area Community College
2006 S. Ankeny Blvd.
Ankeny, IA 50023
Help
is Available. To help you succeed here are additional
procedures you can follow:
1. Call or write if you need help or need to visit. My phone is number is 1-515-964-6349 or 1-800-362-2127 extension 6349. My email address is phholmes@dmacc.cc.ia.us. If you leave a message, make sure you leave a daytime number so I can call you back as soon as possible.
2.
Three
formal review sessions will be held.
They are scheduled one week before each exam (see exam schedule).
3. There are tutors available at the DMACC
campuses. Check with the
4.
Write
your questions on the assignments and I will contact you by phone or
write.
5. A web site. This site includes practice quizzes, credit card game, demonstration problem and other aids. See attached sheet for more information.
Evaluation. You will be evaluated on completed assignments valued at 10
points per chapter and exams.
Throughout the course there will be twelve assignments (12) and three
(3) exams. The exams will be over the
materials presented in the text, study guide, and telelessons. The questions will be in the form of
multiple-choice and problems.
All
exams will be given on the Ankeny Campus.
For each exam you will need to bring your calculator and at least two
(2) No. 2 pencils.
If
for some reason, you cannot come to the Ankeny Campus to take the exam, please
contact me to make other acceptable arrangements. However, if at all possible, it would be best to take the exams
on the Ankeny Campus.
Your
grade in the course will be determined by the following method:
10 of the 12
assignments x 10 =
100
93%-100% A 70%-74% C
90%-92% A- 65%-69% C-
87%-89% B+ 61%-64% D+
83%-86% B 58%-60% D
80%-82% B- 55%-57% D-
75%-79% C+ 54%
or less F
ADDITIONAL
COMMENTS
I
hope your experience with televised accounting will be a rewarding and
meaningful one. This course is designed
to help insure your success in reaching your goals. It you will follow the schedule, do the assignments, and attend
the review seminar, you should have every chance of successful completion.
Office
Ankeny, Bldg. 8, Room 6
Telephone
964-6349
Email
- phholmes@dmacc.cc.ia.us
Required Materials:
Text Accounting, Warren,
Reeve, Fess, Southwester, 19th Edition.
Working Papers Plus - Published with
the text
The schedule of assignments represents a minimum level of preparation for this course. Please make every effort to complete the assigned work and submit to me by the due dates. The assigned work is found at the end of each chapter in the text. The E stands for exercises, and the P stands for problems. The assigned problems are the A series, not the B series. See schedule for due dates.
Chapter Topic Assigned Work
1 Introduction to
Accounting & Business
E1-2, 4, 8, 12, 13, 15, 16,
18
P1-4A
2 Analyzing Transactions E2-1, 3, 4, 5, 7, 9, 12, 15, P2-3A
3 The
Matching Concept & the E3-1,
3, 6, 8, 10, 18, 21
Adjusting Process P3-2A,
4 Completing the Accounting Cycle E 4-1, 2, 4, 5, 6, 7, 8, 11, 16, 21,
22, P4-1A
Examination #1 over Chapters 1 - 4
5 Accounting
Systems and Internal Controls E5-1,
5, 6, 9, 10, P 5-4A
6 Accounting for Merchandising Businesses E 6-1, 3, 4, 8, 10, 13, 14, 18,
20, 25 P 6-4A
7 Cash E
7-1, 4, 7, 8, 9, 10, 11, 16, P7-1A
8 Receivables E 8-1,
2, 3, 4, 5, 6, 9, 11,12, 16
P
8-1A, 2A
Examination
#2 over Chapters 5 - 8
9 Inventories E
9-1, 3, 5, 7, 8, 11, 13, 15, 16, 17,
20, 21, P 9-3A, 5A
10 Fixed
Assets and Intangible Assets E
10-1, 3, 5, 7, 10, 11, 12, 14, 15, 17,
18, 19, 23, 25, 26, P10-2A,
4A
11 Current Liabilities E 11-1, 2, 4, 6, 7, 8, 12, P 11-1A, 3A
Examination #3 over Chapters 9 - 12
Summer, 2001
Assignments
for Principles of Accounting Telecourse
Attached
is a list of assignments to be submitted to your instructor on the dates
indicated. If you are having any
difficulty with any of the assignment materials please let us know so that we
may make suggestions to assist you. Due
to the varying nature of the topics covered, some assignments will require more
completion time. We suggest that you
carefully read your text chapter and review
the assignment material prior to viewing the telecourse
presentation. To receive full
credit, the assignment needs to be postmarked by the due date.
Please
note: All assignments must be
postmarked by due date to receive credit.
|
Telecourse Lesson |
Telecourse Date |
Assignment |
Assignment Due Date |
|
1 & 2 |
6/5 |
Chapter 1 |
6/8 |
|
3 & 4 |
6/7 |
Chapter 2 |
6/12 |
|
No broadcast |
6/12 |
|
|
|
5 & 6 |
6/14 |
Chapter 3 |
6/21 |
|
7 & 8 |
6/19 |
Chapter 4 |
6/22 |
|
No broadcast |
6/21 |
|
|
|
9 & 10 |
6/26 |
Chapter 5 |
6/29 |
|
11 & 12 |
6/28 |
Chapter 6 |
7/3 |
|
No broadcast |
7/3 |
|
|
|
13 & 14 |
7/5 |
Chapter 7 |
7/10 |
|
15 & 16 |
7/10 |
Chapter 8 |
7/13 |
|
No broadcast |
7/12 |
|
|
|
17 & 18 |
7/17 |
Chapter 9 |
7/20 |
|
19 & 20 |
7/19 |
Chapter 10 |
7/24 |
|
No broadcast |
7/24 |
|
|
|
21 & 22 |
7/26 |
Chapter 11 |
7/31 |
|
23 & 24 |
7/31 |
Chapter 12 |
8/3 |
|
|
|
|
|
Examination
Schedule:
|
EXAM # |
Telecourse
Lessons |
Text
Chapters |
Review Reviews and Exams Sch of Exams 6-8PM are
in Bldg 8 R 04 6-8PM |
|
Exam
I |
1-
8 |
1-2-3-4 |
6/21 6/28 |
|
Exam
II |
9-16 |
5-6-7-8 |
7/5 7/12 |
|
Exam
III |
17-24 |
9-10-11-12 |
7/26 8/2 |
|
|
|
|
|
Web Link
For Accounting by Warren
This
is an outstanding web link designed for your text. It will provide you with additional learning tools to succeed in
this course.
Please
take a few minutes to review the benefits of this internet link.
Address: http://www.swcollege.com/vircomm/warren/warren.html
Instructions:
Click on cover, Accounting 19th
Ed.
Click on Resource Source
Click on Chapter 1.
This gives you links to the Power Point Slide
Presentation seen on your video.
It also provides answers for the chapters Frequently
Asked Question.
Additionally it provides you with material in the
form of articles not contained in the text.
Try one or all and return to Chapter 1 home page.
For every chapter the End-of-Chapter Activities provides you with many reinforcement tools.
Demo Problem This problem is the same
as in the text.
Internet
Activity - This
is not required, but is a great source for more information.
Online
Tutorial
- This is a sample quiz on the
chapter. You do not need to e-mail the
quiz. If you just click on "Submit
Your Answers," it provides you the correct answers and the reasons.
Credit Game - This is similar to Jeopardy.
Once you have formed your question, just click on the item and it will
give you the answer in the upper left hand corner.
We
are pleased that this new text comes with so many new working tools. We hope you will enjoy it.
Des Moines Area
Community College
COURSE INFORMATION
Acronym/Number ACCT 101
Title PRINCIPLES
OF ACCOUNTING I
Credit breakout 4 4 0 0 0
(credit lecture lab practicum work
experience)
PREREQUISITE(S):
COURSE DESCRIPTION:
Introduces the student to the principles of accounting
with emphasis placed on the users and uses of accounting information. The double-entry bookkeeping system is
presented with a focus on the end result of the accounting cycle, financial
statements.
COURSE COMPETENCIES:
During
this course, the student will be expected to:
1. Explain
accounting as an information system.
1.1 Define accounting information system.
1.2 Identify the users of accounting
information.
1.3 Summarize generally accepted accounting
principles (GAAP).
1.4 Categorize the groups that help develop
generally accepted accounting principles.
1.5 Identify the fields of modern
accounting.
1.6 Define accounting entity.
1.7 Construct the accounting equation.
1.8 Define assets, liabilities, and owner's
equity.
1.9 Analyze business transactions using the
accounting equation.
1.10 Prepare simple versions of the four basic
financial statements.
2. Organize
transaction data in accounts.
2.1 Define the term account.
2.2 Organize a chart of accounts.