Prin of Accounting II - Curt Holman
Blackboard - Instructions and link to Web-enhanced features
Books - Textbook requirements for this course
Calendar - Estimated quarter progress
Class Competencies - Link to class competencies.
Class Description - Brief class description
Course Progression - Clerk - Link to course progression for Clerk program
Course Progression - Paraprofessional - Link to course progression for Paraprofessional program
Course Progression - Specialist - Link to course progression for Specialist program
Exams - Planned exam dates
Grading - Grading scale and weight
Homework - Specific due dates
Practice Exams - Link to practice exams page
Syllabus - Course syllabus detail
Quarter: Spring 2010
Instructor: Curt Holman
Class Schedule: M-F (12:30 - 1:30); Room H311
Telephone: 425-235-7870
E-mail: cholman@rtc.edu
Web Page: http://www.rtc.edu/instruction/Accounting/welcome_page.htm
Office Hours: Room H309 (7:30A-8:00A; 2:30P-3:00P)
1. College Accounting, 8th Edition, Houghton Mifflin McQuaig, Bille
2.
Intro to Principles of Accounting II, Chapter Outlines 8th
edition, by Curt Holman
or can be found/downloaded through
http://media.waol.org/7671/Fin2outlines-1-14Spr10.docx
Other Materials: Pencils & Eraser(s), headphones for computer
OBJECTIVE: To provide additional study of topics learned in Introduction to Financial Accounting and Prin of Accounting I. Emphasis will be placed on the effect of transactions on company financial statements taken as a whole in addition to proper recording of transactions in general journal format. Additional subjects including Corporations, Bonds Payable and the Statement of cash Flow will also be covered. Successful completion of Financial Accounting I or equivalent level accounting courses is required. This is an advanced accounting course and assumes prior accounting knowledge.
MAKEUP POLICY:
Missed Assignments - only under special circumstances. Not automatically permitted.
Missed Exams - the general rule is "no", I want you to focus on the future, not the past.
MISSING TIME: It is a student's responsibility to find out from other students what information or assignments were "missed" and if necessary to create a "catch up" plan. For Financial Aid purposes, some attendances can be made up (see your instructor). Attendance may be taken at anytime during the period. If you come in late or leave early, it is your responsibility to immediately notify your instructor on that day.
TIMELINESS: Being on time is important on the job and in this class. Not only is tardiness disruptive to the classroom, the skills and habits you develop now will directly affect your future employability. The two most commonly asked questions by potential employers concern attendance and attitude!
DISABILITY: If you are a student that has a mental or physical disability that substantially limits your ability to learn, it is recommended that you contact the Special Populations counselor in Student Services, Bldg I Room 225. The information acquired during a visit with the Special Populations Counselor is confidential and could be used to help you succeed in your program. Renton Technical College is very interest in your success.
INTERNET
ASSIGNMENTS: This course
will have on-line quizzes, homework checks & tests. You will need to log
in to Moodle and then select your course.
Logging
In: From the Accounting web
page select the specific link Moodle. Follow the
instructions to log in.
OTHER: Food or drink not allowed, Cell phones and beepers turn off please, Smoking prohibited.
CODE
OF CONDUCT
As much as possible, you will be treated as though you are an
employee; therefore, our expectations are that you conduct yourself in a
professional manner. Unprofessional, inappropriate and disruptive behavior
will not be allowed.
CONSEQUENCES
OF DISRUPTIVE BEHAVIOR:
Consequences* of disruptive behavior can be, but is not limited to:
* refer to student handbook
1. Identify and apply elements of Internal Control in accordance with GAAP.
2. Prepare all required computations and journal entries relating to cash and receivables in accordance with GAAP.
3. Compute cost of goods sold and ending inventory under various methods and estimate ending inventory balances in accordance with GAAP.
4. Calculate fixed asset book value using various depreciation methods and record all transactions relating to fixed assets in accordance with GAAP.
5. Record the issuance of common and preferred stock in accordance with GAAP.
6. Record the declaration and payment of dividends and stock splits in accordance with GAAP.
7. Compute valuation and prepare all required journal entries relating to long term liabilities and Bonds payable in accordance with GAAP.
8. Prepare all required journal entries to record various transactions relating to corporations and capital stock in accordance with GAAP.
9. Prepare a Statement of Cash Flows using the direct and indirect methods in accordance with GAAP.
The following standards are used for this class:
Grading Standards |
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Description |
Percent of Grade |
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Chapter Exams |
80% |
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Homework |
10% |
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Exam Previews/Quizzes |
10% |
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Grades |
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Letter |
Percentage |
Decimal |
Letter |
Percentage |
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4.0 |
A |
98.0% and over |
1.9 |
C- |
73.0% but less than 74.0% |
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3.9 |
A |
94.0% but less than 98.0% |
1.8 |
C- |
72.0% but less than 73.0% |
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3.8 |
A- |
93.0% but less than 94.0% |
1.7 |
C- |
71.0% but less than 72.0% |
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|
3.7 |
A- |
92.0% but less than 93.0% |
1.6 |
C- |
70.5% but less than 71.0% |
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3.6 |
A- |
91.0% but less than 92.0% |
1.5 |
C- |
70.0% but less than 70.5% |
|||
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|
3.5 |
A- |
90.0% but less than 91.0% |
1.4 |
D+ |
69.0% but less than 70.0% |
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3.4 |
B+ |
89.0% but less than 90.0% |
1.3 |
D+ |
68.0% but less than 69.0% |
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3.3 |
B+ |
88.0% but less than 89.0% |
1.2 |
D+ |
67.0% but less than 68.0% |
|||
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3.2 |
B+ |
87.0% but less than 88.0% |
1.1 |
D |
65.0% but less than 67.0% |
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3.1 |
B |
86.0% but less than 87.0% |
1.0 |
D |
64.0% but less than 65.0% |
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3.0 |
B |
85.0% but less than 86.0% |
0.9 |
D- |
62.0% but less than 64.0% |
|||
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2.9 |
B |
84.0% but less than 85.0% |
0.8 |
D- |
61.0% but less than 62.0% |
|||
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|
2.8 |
B- |
83.0% but less than 84.0% |
0.7 |
D- |
60.0% but less than 61.0% |
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2.7 |
B- |
82.0% but less than 83.0% |
0.0 |
F |
less than 60.0% |
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2.6 |
B- |
81.0% but less than 82.0% |
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2.5 |
B- |
80.0% but less than 81.0% |
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2.4 |
C+ |
79.0% but less than 80.0% |
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2.3 |
C+ |
78.0% but less than 79.0% |
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2.2 |
C+ |
77.0% but less than 78.0% |
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2.1 |
C |
75.0% but less than 77.0% |
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2.0 |
C |
74.0% but less than 75.0% |
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Spring Quarter 2010 Prin of Accounting II
The following calendar of events is an approximation only and may be changed at any time.
All assignments (Exercises and Problems) listed in your course outline text are due when assigned or at the end of the chapter (whichever is sooner).
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Week |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
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#1 4/5- |
Orientation,
Ch. 1, Internal Control |
Ch 1 ,Ch 2 |
Ch 3/4 |
Ch5 |
Ch 7/8 - Bank reconciliations |
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#2 4/12- |
Ch 8 -MI, FIFO |
Ch 6 - LCM, LIFO, Retail |
Ch 6 est revenue |
Ch 9 cap expenditures |
Ch 9 - depletion |
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#3 4/19- |
Extra day |
Exam Preview |
Exam #1 |
Exam #1 |
Ch 10 - begins |
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#4 4/26- |
Ch 10 fringe benefits |
Ch 10 |
Ch 11/12 - begins |
Ch 11/12 issue stock |
Ch 11/12 big problem |
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#5 5/3- |
Ch 11/12 - subscriptions |
Ch 11/12 big problem, taxes |
Ch 11/12 tax timing |
Ch 11/12 stock dividends |
Ch 11/12 - splits |
|
#6 5/10- |
Ch 11/12 - extraordinary gains |
Ch 11/12 - other |
Ch 11/12 business combinations |
Ch 11/12 |
Ch 11/12 |
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#7 5/17- |
Exam Preview |
Exam #2 |
Exam #2 |
Ch 13 - begin |
Ch 13 more pv |
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#8 5/24- |
Ch 13 pv of bonds |
Ch 13 premium on BP |
Ch 13 bond investments |
Ch 13 - solvency |
Ch 13 |
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#9 5/31- |
Holiday |
Ch 13 |
Ch 13 |
Ch 13 |
Ch 14 - begin |
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#10 6/7- |
Ch 14 2 methods |
Ch 14 big problem |
Ch 14 direct method |
Ch 14 complete direct |
Ch 14 big problem |
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#11 6/14- |
Ch 14 - practice |
Ch 14 - practice |
Ch 14 - practice |
Extra |
Exam Preview |
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#12 6/21- |
Extra |
Extra |
Finals Week Schedule |
Finals Week Schedule |
Finals Week Schedule |
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#13 6/28- |
Finals Week Schedule |
Finals Week
Schedule |
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