Frederick Community College

Course Syllabus

ACCT 100 Business Accounting HYB1LK

Fall 2011

Class Begins: 08/27/2011

Class Ends: 12/10/2011

Last Day to Withdraw: 11/04/2011

Instructor Information

Instructor: Mike Martin, CPA	Office: B 218
E-mail: mmartin@frederick.edu	Phone Number: 301 846 2543
Office Hours: Monday 1:00 pm – 3:30 pm Tuesday 9:15 am – 10:30 am Thursday 9:15 am – 10:30 am	Campus Mail Box Number: 280

Course Information

Credits: 3
On-campus Meetings: 5	On-campus Exams: 2
Prerequisites: EN51 or ESL97	Co-requisites: None

Course Description

Demonstrates the accounting principles and procedures used by a business in setting up and maintaining records for reporting purposes. Topics include the accounting cycle, preparation of the financial statements, payroll and banking procedures, and computerized record keeping.

Core Learning Outcomes

Upon completion of the course students will:

1. Perform and apply the steps of the accounting cycle.

2. Prepare financial statements.

3. Complete basic banking transactions and reconcile a bank statement.

4. Calculate and record payroll transactions.

5. Use accounting software for record keeping.

Instructional Methods

Lecture, Problem Solving, Computer Applications, Homework

How this course is organized

This is a hybrid course that combines on campus class sessions with online learning experiences. This course is linked to ACCT 111 Computerized Accounting which means that some content and assignments are jointly planned to enhance the learning process. Students must be simultaneously enrolled in both courses. The first three weeks of this course will provide the foundation for students to begin the ACCT 111 course in the fourth week of the semester. From that point, students will be working on both courses throughout the rest of the semester. The weekly assignments folder in Blackboard will be used to complete the chapter assignments. Students are expected to follow the topical outline, complete assignments and take exams as scheduled This is not a self-paced class!

Text(s)

Required - Paradigm College Accounting, Robert Dansby, et al, Fifth Edition 2010, Paradigm Publishing

Study Guide and Workbook

Progress Report

By the end of the 6th week of the semester, you will have an opportunity to evaluate your progress in this course and decide if you need to make any adjustments (additional study, tutoring, conference with instructor) to assure your success in this course.

Assessment Methods:

Exams/ Projects	Point Value	Final Grade Scale
Exam 1 Chapters 1, 2 & 3 @ Testing Center.	100	A = 315 – 350 points
Exam 2 Chapters 4, 5 & 6 @ Testing Center.	100	B = 280 – 314 points
Exam 3 Chapters 11, 12 & 13 In class	100	C = 245 – 279 points
Comprehensive Problem I	25	D = 210 – 244 points
Comprehensive Problem III	25	F = Below 210 points
Total	350

Student Services

A variety of services are available to assist students in succeeding at FCC. Students can learn more about these services by visiting the Student Services web page: http://www.frederick.edu/student_services/index.aspx

Students with disabilities who are in need of accommodations or who have questions related to disabilities services should contact the Services for Students with Disabilities (SSD) office at 301-846-2408. Students can learn more about these services by visiting the Services for Students with Disabilities web page: http://www.frederick.edu/student_services/disability.aspx .

Participation Policy

1 Students remain responsible for completing the requirements of the course in cases of serious illness, emergency, religious holidays, or participation in official college functions.

2 All exams and assignments must be taken or turned in when scheduled unless prior notification is received and approved. Failure to notify the instructor in advance will result in penalties being assessed at the instructor's discretion.

Email Policy

With the exception of MOL students, all FCC students will receive and are expected to use their FCC email address for correspondence with faculty and staff at the college. Students can establish and access their FCC email accounts at https://myfcc.frederick.edu. Email is an instructional tool essential to student-instructor and student-student communication. In the Blackboard environment by default, your email address is available to all students in this course.

However, students are permitted to use email addresses of other students in this course only for the purpose and the duration of this course.

The instructor can be expected to respond to regular student email inquiries (grades, posted assignments, and tests excluded) within the time frame of 24 to 48 hours

Academic Integrity

Work in this course is subject to the provisions of the FCC Code of Academic Integrity. Plagiarism in any form will not be tolerated. As a student, it is your job to practice academic honesty at ALL times. More information about this and the Student Conduct Code are available at http://www.frederick.edu/student_services/studentpolicies.aspx

You must send your Academic Integrity Pledge to the instructor. The form is available at http://courses.frederick.edu/_utilities/regform.htm

TOPICAL OUTLINE

(Can be changed at the discretion of the instructor)

The Last Day to Withdraw from Class: 11/04/2011

Week	Week of	Subject	Content
1	8/27 Classroom Session	Introduction Chapter 1 The Nature of Accounting Chapter 2 Recording Business Transactions	Accounting and Bookkeeping Careers in Accounting Accounting Concepts and Principles Users of Accounting Information The Elements of Accounting The Accounting Equation Business Transactions and the Equation Financial Statements The Accounts Debits and Credits Recording Transactions in the Accounts The Trial Balance Normal Balance of Accounts
2	9/3	Chapters 1 & 2	Continued
3	9/10	Chapter 3 Starting the Accounting Cycle for a Service Business	The Four Steps of the Accounting Cycle Trial Balance Errors Errors That Do Not Cause the Trial Balance to be Out of Balance
4	9/17 Classroom Session	Chapters 1, 2 & 3 Chapter 4 The Accounting Cycle Continued Comprehensive Problem I	Exam 1 Review Determine Needed Adjustments Prepare a Worksheet Prepare Financial Statements Journalize and Post Adjusting Entries Jim Arnold’s Photography Studio
5	9/24 On Campus	Chapters 1, 2 & 3	Exam 1 – Taken @ the Testing Center (see the assignment folder in BB for the exam period)
6	10/1	Chapter 4	Continued
7	10/8	Chapter 5 Completing the Accounting Cycle	Purpose of Closing Entries Journalize and Post Closing Entries Prepare a Post-Closing Trial Balance Summary of the Steps in the Accounting Cycle
8	10/15 Classroom Session	Comprehensive Problem I Chapter 6 Internal Controls and Accounting for Cash Chapter 6 Appendix The Combined Journal	Turn In Internal Control of Cash Accounting for Petty Cash Bank Checking Accounts Reconciling the Bank Statement Journalizing Transactions in the Combined Journal Totaling, Proving and Posting Transactions
9	10/22	Chapters 4, 5 & 6	Exam 2 Review
10	10/29 On Campus	Chapters 4, 5 & 6	Exam 2 – Taken @ the Testing Center (see the assignment folder in BB for the exam period)
	11/4	Last day to withdraw from class
11	11/5 Classroom Session	Chapter 11 Accounting for Payroll – Employee Earnings and Deductions	Employer/Employee Relationships Calculating Gross Earnings Payroll Deductions Calculating Net Earnings Accounting Entry for Employee Payroll
12	11/12	Chapter 12 Accounting for Payroll – Employer Taxes and Reports Comprehensive Problem III	Employer Payroll Taxes Recording Employer Payroll Taxes Filing and Making Payroll Tax Payments Paying Other Amounts Withheld Carlson Company
13	11/19	Chapter 13 Accounting for Notes and Interest	Promissory Notes Notes Payable and Interest Expense Notes Receivable and Interest Income
	11/23-11/27	Thanksgiving break
14	12/3	Chapters 11, 12, & 13	Exam 3 Review
15	12/10 Classroom Session	Chapters 11, 12, & 13 Comprehensive Problem III	Exam 3 Turn In
	12/12 12/13	Make–up dates if needed