Frederick Community College

Course Syllabus

ACCT111 Computerized Accounting HYB1

Fall 2011

 

Class begins: 8/22/2011

Class ends: 12/5/2011

Last Day to Withdraw: 11/02/2011

 

Instructor Information:

 

 

Name: Mike Martin, CPA 

Office: B218

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

Other times by appointment

Campus Mail Box #: 280

           

Course Information:

 

Credits:  3

On-campus Meetings:  2

On-campus Exams:  2

Prerequisites:  ACCT100 or ACCT101 and

CIS101 or CIS116D

Corequisites: None

 

Course Description:

 

Demonstrates the use of commercial software in managing the accounting functions of a business enterprise. Using a hands-on approach, students will learn how to set up a fully integrated accounting system to record sales invoices, collections, purchase invoices, disbursements, and payroll transactions. Students will also set up and maintain inventory and accounts receivable/payable subsidiary ledgers and prepare financial reports.

 

Core Learning Outcomes:

 

Upon completion of this course students will demonstrate

1.      Use of a computerized accounting system.

2.      Use of application software as an administrative tool.

3.      An understanding of the relationship between the application software and manual accounting systems.

 

  Instructional Methods:

 

Hands-on application of the software using microcomputers.

 

 How this course is organized:

 

This class will meet on campus the first Monday (8/22) and the last Monday (12/5) of the semester. During the first session you will learn how to install the software and chapter exercise disk, as well as the open/backup/restore operations of QuickBooks. You will then use Blackboard and follow the weekly assignments folder to complete the chapter assignments, which will be turned in through Blackboard. You will take the midterm objective format exam (chapters 1-5) at the testing center. During the last class session you will take a final objective format exam (chapters 6-11) and a computerized exam covering chapters 1-7. This is not a self-paced class!  

 

Text(s) and Course Materials:

 

Required: Computerized Accounting with QuickBooks Pro 2010, Villani & Rosa, EMC Paradigm

 

 

 

 

 

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:

 

Tests / Papers / Projects / Participation

Point Value

Final Grade Scale

11 Chapter cases (Chapters 2 - 12) Count 10 @ 10 points each

100

A = 630 – 700 points

Midterm exam (Chapters 1 – 5) @ Testing Ctr.

200

B = 560 – 629 points

Final exam (Chapters 6 –11) In class

200

C = 490 – 559 points

Final computerized exam (Chapters 1 – 7) In class

200

D = 420 – 489 points

Total

700

F = Below 420 points

 

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: 11/02/2011

 

Week

Date

Subject

Content

1

8/22

Classroom session

Introduction to the Course

 

Chapter 1 – Introduction to QuickBooks Pro

 

Syllabus Review

 

Review of the Accounting Cycle

Introducing QuickBooks

Four levels of operations

Opening QuickBooks Pro

Multi-user and single-user mode

Backing up and restoring files

Exiting QuickBooks

2

8/29

Chapter 2 – Vendors

 

The vendor list

The enter bills window

The pay bills window

The write checks window

Vendor and financial reports

3

9/5

Chapter 3 – Customers

 

The customer: job list

The create invoices window

The receive payments window

The enter cash receipts window

The make deposits window

4

9/12

Chapter 4 – Period-End Procedures

 

The chart of accounts list

Reports: The trial balance

The general journal entry window

Period-end and financial reports

5

9/19

Chapter 5 – Inventory

 

Accounting for inventory transactions

The items list

Purchasing inventory

Sales tax

Sale of inventory

Adjusting quantity/value

The pay sales tax due window

Inventory items and financial reports

6

 

9/26

Chapter 5 – Inventory

 

Midterm Exam Review

Continued

 

Chapters 1- 5

7

10/3

Midterm Exam @Testing Ctr.

Chapters 1- 5

 

8

10/10

Chapter 6 – New Company

Setup

New company setup:  EasyStep interview

Reviewing EasyStep interview information

Customizing the new company file

Updating lists/centers

Adjusting for the accrual basis of accounting

Backing up the new company file

9

10/17

Chapter 7 – New Company

Setup – An Alternative

 

New company setup: skipping EasyStep interview

Establishing preferences and payment terms

Updating lists

Entering opening balances

New company file and financial reports

 

10

10/24

Chapter 8 – Payroll Setup

Payroll definitions and terms

Accounting for payroll transactions

Payroll setup

Updating the chart of accounts for payroll

The payroll items list

Payroll reports

11

 

10/31

Chapter 9 – Payroll Processing

 

Accounting for payroll transactions

The employee center

The pay employees window

The pay liabilities window

Payroll and financial reports

 

12

11/7

Chapter 10 – Banking

 

 

 

 

 

Independent Study

Review Project  Chapters 1-7

Updating the chart of accounts list

The transfer funds window

The reconcile window

The enter credit card charges window

Banking and financial reports

 

Max’s Mowers and More

 

11/2

Last Day to Withdraw from Class

 

13

11/14

Chapter 11 – Jobs and Time Tracking

 

The customer: job list

The items list

Allocating payroll expenses to a job

Creating an invoice for a job

Setting up time tracking

The weekly time sheet window

Job, time tracking and financial reports

 

 

 

11/23-11/27

Thanksgiving break

 

14

11/28

Chapter 12 – Customizing Your Company File

 

 

 

 

Customizing the appearance of reports

Setting up reports

Graphs & Customizing windows and printed documents

Fiscal year closing

 

                             

15

12/5

Classroom session

Final Exam In class

 

Computerized Exam In class

Chapters 6 – 11

 

Chapters 1 – 7

 

12/12 12/13

Make–up dates if needed