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Frederick
Community College ACCT102-
ONL1 Principles of Accounting II SPRING
2012
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Class
begins: 2/1/12 |
Class
ends: 5/16/12 |
Last Day to Withdraw:
4/16/12 |
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Instructor
Information: |
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Name: Brad Burtner, CPA |
Office: B 216 A |
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E-mail: bburtner@frederick.edu |
Phone
Number: 301-846-2545 |
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Contact
Hours: email and
by appointment for in-person meeting if the following times do not
suit your schedule: Office Hours: Tues.
& Thurs. 9:30 -11:00am Tuesday 1:45 – 2:15 pm & 7:15 - 7:45pm Wednesday 4:30 – 5:00 pm & 7:05 – 7:35 pm Other
times by appointment |
Campus
Mail Box #: 231 |
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Course
Information: |
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Credits: 3 |
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On-campus
Meetings: None |
On-campus
Exams: 2 |
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Prerequisites: ACCT 101 |
Co-requisites: None |
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Course
Description: |
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A
continuation of the accounting concepts included in ACCT 101, with the
following additional topics: corporations, corporate securities, cash flows,
financial statement analysis, managerial accounting for manufacturing
operations, and generally accepted accounting principles. |
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Core
Learning Outcomes: |
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Upon
completion of this course students will demonstrate 1. Interpret the stockholders’ equity of a
corporate balance sheet. 2. Identify, measure, and analyze events and
activities in accordance with generally accepted accounting principles. 3. Identify and explain the “unusual” and
“non-recurring” events disclosed on a corporate income statement. 4. Analyze and evaluate a statement of cash
flows. 5. Prepare an analysis of the financial
statements of a business entity. 6. Apply the concepts of managerial accounting
to internal decision making. |
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Instructional
Methods: |
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1. Independent and/or group problem
solving/research activities 2. Class discussions & communication via
Discussion board & E-mail. |
How is this
course organized:
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Students
are responsible for all the information in the chapters indicated on the
Topical Outline – unless stated otherwise. Students taking this course are self-learners and are motivated to complete and submit
assignments on time. Think of me
as a guide, to get you through the class.
All the resources at FCC are available to you. Everyone at FCC wants you to be successful. I
believe this on-line learning environment can be positive and enriching. However, this requires interaction between
everyone. I expect students to solve
problems among themselves with only guidance from me. I strongly encourage everyone to voluntary
interact within the Discussion Board.
Sharing our ideas by posting threaded discussions will help all of us
learn. It is imperative
you continuously work on this course.
If something occurs and you are at a standstill, read your book, or
apply other learning activities, to avoid getting behind. There is always something you can do – Stay busy. |
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Text(s)
and Course Materials: |
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Required: Financial & Managerial Accounting Special Edition (2ed.) for Frederick Community College, Porter,
Norton, Jackson, and Sawyers; Thomson
Custom Publishing. It
is a custom loose leaf book that you will not be able to sell back to the book store, so use is as a tool,
write in it. You may want to include
only the chapters for the current exam in a smaller binder. |
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Progress
Report: |
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By
the end of the sixth 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. |
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Evaluation
Methods: |
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If
the graded performance for online assignments differs significantly from the
grade average for proctored assignments, the instructor reserves the right to
administer additional tests. |
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Participation
Policy: |
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To
maintain the highest quality of academic work, students are expected to
participate fully in all course activities. In
case of serious illness, emergency, religious holidays, or participation in
official college functions, students remain responsible for completing the
requirements of the course. |
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Student
Services |
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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. |
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Email
Policy: |
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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. Students
who are concerned about the privacy of their personal email address are
reminded of commercially available products that allow them to create unique
email addresses specifically for the purpose and 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. |
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Academic
Integrity: |
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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. Make sure that all sources, particularly
Internet sources, get proper credit for quotations, paraphrases, and ideas. 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 |
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Topical Outline
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Week
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Subject and
Content ACTIVITY ONLINE |
ON-CAMPUS
ACTIVITY |
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1 |
Self
Introduction Posted on Discussion Board Chapter 9-Current
Liabilities
The nature of liabilities Current vs. Long-term liabilities Contingent liabilities |
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2 |
Self
Introduction Posted on Discussion Board Deadline Chapter
10-Long-Term Liabilities Balance sheet measurement &
presentation Bonds Payable Liability for Leases Ratios for decision making |
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3 |
Project
work- Selection of company and Annual Report Chapter
11-Stockholders’ equity Corporations: Nature & Formation Advantages & disadvantages Paid-in capital of a corporation Common stock and preferred stock Stock splits, stock dividends and treasury
stock |
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Practice
Exam I – DEADLINE |
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4 |
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Exam I on
Chapters 9-11 begins at FCC Testing Center |
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5 |
Chapter
12-The Statement of Cash Flows Purpose and classifications Preparing the Statement of Cash Flows Operating, Investing, and Financing
Activities Cash and Cash equivalents Using the statement The Direct vs. Indirect Method |
Exam I –
DEADLINE |
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6 |
Continued
& Homework Review |
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*** |
Be
sure you know what your grade is at this point in the semester, or contact
your instructor. See your Grade book
in Bb. |
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7 |
Chapter
13-Financial Statement Analysis Analysis of Comparative & Common-size
Statements Horizontal & Vertical Analysis Liquidity Analysis and the Management of
Working Capital Solvency Analysis Profitability Analysis |
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*** |
Spring
Break: No classes, college open
College closed |
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8 |
Continued
& Homework Review Chapter
1- Introduction to Managerial
Accounting The Users of Accounting Information The Decision-Making Role of Managers The Role of the Managerial Accountant A Decision-Making Model Relevant Factors and Decision Making Special Topics Corporate Governance Internal Control The Importance of Ethics |
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Practice
Exam II – DEADLINE |
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9 |
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Exam II on
Chapters 12, 13, 1 begins at FCC Testing Center |
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10 |
Chapter
2- Product Costing: Manufacturing
Processes, Cost terminology and Cost Flows Manufacturing, Merchandising, and Service
Organizations The
Production Process Lean
production and JIT Manufacturing Product
Costs in a Manufacturing Company Period/Non
manufacturing Costs The
Flow of Costs – Cost of Goods Manufactured and Cost of Goods Sold |
Exam II –
DEADLINE |
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*** |
Last
date to drop or switch to audit |
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11 |
Project
- DEADLINE |
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12 |
Chapter
3- Cost Behavior The Behavior of Fixed and Variable Costs The Cost Equation Mixed Costs and Using the High/Low Method Relevant Costs and Cost Behavior |
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13 |
Chapter
6-Cost-Volume-Profit Analysis and Variable Costing
The Contribution Margin Income Statement What-If Decisions using CVP Break-Even and Target Profit Analysis Assumptions of CVP Analysis |
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14 |
Practice
Exam III – DEADLINE |
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15 |
EXAM III – DEADLINE Chapters
2, 3, & 6 |
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NOTE: Your instructor reserves the right to make
changes to this outline as needed.
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