Welcome to ACCT 1A -- Ms. Peak -- tpeak@bcconline.com -- Barstow Community College

Syllabus

Name: (Always use your real name in this box)
Email: (Enter your exact email address)
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  City, State, ZIP
Course CRN #:

Last four numbers of student ID:

INSTRUCTOR

Contact Information

Instructor: Tonya Peak

Order in which you should contact me:

1) Please place your questions in the class discussion threads--where I have specifically setup question threads. I am very active in the class threads. This is the preferred method in which you should contact me and ask questions. Personal issues should be kept private through e-mail.

2) Email: tpeak@bcconline.com

or ProfessorTonyaPeak@gmail.com

I check my e-mail almost every day.

3) You should never have a need to contact me via phone, however:

Phone: (903) 231-3441 -Text or Call

Please note that I am located in the Central Time Zone.

You do not need to call me and tell me that an assignment will be late, please e-mail or post your request in the class discussion area for an extension. Thanks!!

Office: Virtual

Office Hours: No scheduled office hours, however, I work on Sunday, Monday, Tuesday, Thursday, and Friday.

In the box below please confirm that you understand when your instructor is available and where she can be reached.

CATALOG DESCRIPTION

Basic principles and procedures of accounting, accounting cycles, deferrals, accruals, receivables, inventories, plant assets, payroll, partnerships, and corporations. Degree Applicable UC/CSU (CAN BUS2)

This introductory course of accounting will introduce the student to the accounting cycle and the basic principles and procedures of accounting to include: deferrals, receivables, assets, liabilities, payroll, accruals, inventories and financial statements.

COURSE OBJECTIVES

The goals of this course are to help students:

  • Understand and describe the role of accounting
  • Understand the accounting equation and define each element of the equation.
  • Analyze and summarize the financial statement effects of transactions.
  • Prepare journal entries and understand its effects on increasing or decreasing elements of the accounting equation.
  • Understand internal controls
  • Development problem solving and decision making skills while working accounting problems.
  • Discuss and understand current events relating to accounting.

    • STUDENT LEARNING OUTCOMES:

    Define Student Learning Outcomes of this Course:

    Upon successful completion of ACCT 1A, the students will be able to

    1. State the accounting equation, define each element of the equation and explain how business transactions bring about resulting changes in the three basic elements of the accounting equation.

    2. List the rules of debit and credit and the normal balances of accounts as they are used to summarize the effects of transactions on financial statements.

    3. Explain how the matching concept relates to accrual basis accounting and then journalize the entries to adjust the accounts affected.

    4. Prepare the adjusting and closing entries that complete the seven basic steps of the accounting cycle.

    5. Summarize the basic procedures for achieving internal control over cash and other assets of the firm including the band account and its use in controlling cash.

    6. Journalize the entries for a merchandise business including merchandise purchased, merchandise sold and their effect on the chart of accounts and financial statements.

    7. Journalize the entries for the allowance method of accounting for uncollectibles based on sales and analysis of receivables.

    8. Describe the nature and characteristics of promissory notes and journalize the entries for notes receivables transactions.

    9. Compute the cost of inventory under the perpetual and periodic inventory systems using FIFO, LIFO, average cost, retail method and gross profit method.

    10. Compute depreciation using the straight-line, units of production, and declining balance methods.

    11. Journalize the entries for disposal and exchange of fixed assets.

    12. Journalize the entries for short-term notes payable

    13. Determine and journalize the employees’ and employers’ payroll responsibilities within a payroll accounting system

    In the box below type the one objective that interests you the most from the list above and a personal objective of your own relating to this class.

    TEXTBOOKS AND REQUIRED MATERIALS

    Warren, Reeve, Duchac. Accounting (23rd edition). Southwestern Cengage Learning. 2009. ISBN-13: 978-0-324-66296-2. ISBN-10: 0-324-66296-3.

    Warning: No other book will work. Any other edition of the textbook will not work. You will be asked to work problems from the 23rd edition, which are not the same as the previous editions of this text. This means the 22nd edition will not work.

    Working Papers:

    You should purchase the working papers Ch. 1-17. However, I will also provide templates for you. Therefore, if you have issues purchasing the working papers, we can work this out. We cannot work out any issues if you purchase or try to use the wrong edition of the textbook.

    Suggested Material:

    Warren, Reeve, and Duchac. Study Guide Southwestern Thompson Learning. This is not required and will not be used in this course. The study guide is for your benefit only.

    In the box below type, I have textbooks for ACCT 1A or I will have it by the end of the first week of class

    Email Updates

    One of the primary methods of contact in an online course is email. Your college is capable of extracting student names and email addresses from our registration system. The purpose of extracting this information is two fold. The information will be used by the instructor to remain in contact with the class in order to provide information necessary for the students' academic success. The information will also be used to send emails to the students from the college administration. The emails sent by the college administration will consist of links to course surveys which will be used to improve our online courses, important announcements for students, and links to college surveys, which will be used to satisfy requirements placed on the college by the California Community College Chancellor's Office. The college will not use this information to advertise any products and will not share student email addresses with any other organization.

    In the box below type the following information:

    As a student I understand it is my responsibility to ensure my email address is up to date in the registration system, and that failure to do so can seriously impact my ability to successfully complete my courses. Further, I consent to receive email communication from my instructor and from the college administration. This consent will remain in force until it is revoked in writing or I am no longer taking classes with the college. Upon submitting the syllabus, I agree to enter the registration system, check my email address and change it if necessary. I understand a tutorial is available to assist me with this procedure. I also understand I can contact 760-252-2411 x7236 to receive additional assistance if I encounter any difficulties when attempting to change my email address.

    On-Campus Meetings & Proctor Statement:

    There will be one on-campus meeting for the final exam. If you cannot attend the exam on-campus, you will have to find an instructor approved proctor, for example, a librarian, or educational officer, and an approved site, such as a library or educational center, to take the exam. Friends or family members are not suitable proctors. Proctor information must be received by the end of the second week of class.

    Homework/Quiz Problems:

    You will be required to complete a problem(s) each week. The problem(s) are not to be submitted. Instead, you will be asked specific questions concerning the problem(s) on the weekly quizzes. Your textbook has problems located at the end of each chapter-A-series and B-Series. You will be assigned the following B-series questions:

    Week

    Chapter

    Quiz Problems (B-series will Be on quiz)

    1

    1

    PR 1-3B (1-4)

    2

    2

    PR 2-3B

    3

    3 & 4

    PR 3-5B; PR 4-6B

    4

    5

    No quiz. However, you will be asked about the following problem on your midterm exam:

    PR 5-5B

    5

    6 & 7

    PR 6-5B

    Chapter 7 will not cover the problems. We will work the following Exercises:

    EX 7-7, EX 7-8, EX 7-19, and EX 7-21

    6

    8 & 9

    PR 8-5B (1-3 only)

    PR 9-6B

    7

    10 & 11

    PR 10-2B and PR 10-5B

    PR 11-2B

    8

    n/a

    No Quiz. No Problems.  Take the Final Exam.

    The answers will be provided for the A-series Problems-as an example. These are basically the same as the B-Series problems; therefore, you may wish to work the A-series problems first. The quiz may have other T/F and Multiple Choice questions concerning the chapter covered during the week. Therefore, all quiz questions may not be problem-related. Once again, do not send me your answers via e-mail, just take the quizzes.

    In the box below type: I understand the course policies for on campus meetings, the proctored exam and the homework/practice problem statements listed above and agree to abide by them.

    Exams:

    There will be 2 exams in this course-a midterm and a final. The midterm will be available online. The final exam will be proctored. You will need to have an approved proctor for the final exam. Both exams will be open-book, open-note. The exams can be accessed one time only. Answers to the midterm and the final exams are not released. More information concerning exams will be released in the course announcements.

     

    Discussion Questions:

    Each week you will complete a discussion prompt or question, except during week 8. Posting to the discussion board is a requirement.

    　

    Rubric for Class Discussion
    General Directions:

    Main Post = Your response to the class discussion topic. Label your "main post", please.

    Each additional Response = 0-2 points per post to achieve the maximum allowed points per class discussion topic.

    Discussion topics are worth 10, 12, 14, or 16 points each week. Your main post is always worth 8 points.

     
    Quality of Main Post: Each Additional Response  
    Excellent: Completely and correctly addresses the original topic. Free of spelling and grammar errors. 8 Response to classmates: Adds value to the topic, offers insight, or alternate point of view.

    Attempts a practice question(s).

    Adds a relevant article or link to helpful information.

    Asks a relevant topic-related question.

    Answers a relevant topic-related question posed by a classmate.

     

    		 2
    Above Average: Completely approaches the topic, but has some misinformation. 7
    Average: approaches parts of the topic, but lacking in some elements. 6
    Poor: disorganized, uninformed opinion. Made an attempt. Many spelling and grammar errors. 5 Discounted: Posts are not connected to the discussion topic.

    General Chit-Chat.

    Asks non-topic related questions-such as "when is the quiz due?".

    		0

    Quality posts are not simple "yes" and "no" or "I agree" or "I disagree" type posts. Quality posts will relate to the topic and add to the body of knowledge contained within the particular discussion. Only quality posts will receive the maximum point value each week. Feel free to share tasteful relevant stories or web links and articles. If you share web articles, be sure to cite your sources. Please be aware that I may not necessarily respond to all discussion board posts, but rest assured that I am aware of and have read your contributions. Please use spell check and be aware of proper grammar usage within the discussion area at all times. Profanity is not welcome in the discussion area and will not be tolerated, even in a humorous manner. Be respectful and accepting of diverse ideas and opinions. However, please feel free to appropriately state your difference of opinion.

    I recommend that you participate in the class discussions on at least separate 3 days each week. Do not work ahead on your discussion forum postings. Each forum has a start and an end date.

    Discussion Topics:

    Week

    Discussion Prompt/Question

    1

    (Choose 1 of the following to answer as your "Main Post"):

    (10 points)

    The accounting equation is written as follows: Assets = Liabilities + Owner’s equity

    Can the equation be written in another form? If not, please explain why. If so, please give an example.

    Define assets, liabilities, and owner’s equity.

    When two elements of the accounting equation are given, you cannot solve for the third. True or false, explain your answer.

    The accounting equation must always remain in balance. True or false, explain your answer.

    Each transaction affects at least two different accounts. True or false, explain.

    2

    (Choose 1 of the following to answer as your "Main Post"):

    (10 points)

    Debit = left side

    Credit = right side

    What is a T account? Describe its parts.

    To increase an asset account, you would make a credit entry. True or false, explain your answer.

    To increase a liability account, you would make a credit entry. True or false, explain your answer.

    Debits and credits are neither good nor bad. -Debits and credits do not mean increase or decrease. Debits and credits are neither favorable nor unfavorable. Agree or disagree, explain your answer.

    3

    (Choose 1 of the following to answer as your "Main Post"):

    (12 points)

    Adjusting Entries

    What is the difference between adjusting entries and correcting entries?

    Why are adjusting entries needed at the end of the accounting period?

    Identify the four different categories of adjusting entries frequently required at the end of the accounting period.

    Does every adjusting entry have an effect on determining the amount of net income for a period? Explain your answer.

    4

    (Choose 1 of the following to answer as your "Main Post"):

    (12 points)

    Accounting Systems

    Differentiate between a computerized and a manual accounting system. How are they the same? How are they different?

    Choose 1 special journal and describe it.

    5

    (14 points)

    Describe how a service business differs from a merchandising business and name one account that is used in a merchandising business, but not in a purely service business.

    6

    (16 points)

    Discuss the importance of Internal Control. In addition, name and describe one element of internal control.

    7

    (16 points)

    Suzanne Thompson is a certified public accountant (CPA) and staff accountant for Deuel and Soldner, a local CPA firm. It had been the policy of the firm to provide a holiday bonus equal to two weeks’ salary to all employees. The firm’s new management team announced on November 15 that a bonus equal to only one weeks’ salary would be made available to employees this year. Suzanne thought that this policy was unfair because she and her coworkers planned on the full two-week bonus. The two-week bonus had been given for 10 straight years, so it seemed as though the firm had breached an implied commitment. Thus, Suzanne decided that she would make up the lost bonus week by working an extra six hours of overtime per week over the next five weeks until the end of the year. Deuel and Soldner’s policy is to pay overtime at 150% of straight time.

    Suzanne’s supervisor was surprised to see overtime being reported, since there is generally very little additional or unusual client service demands at the end of the calendar year. However, the overtime was not questioned, since firm employees are on the "honor system" in reporting their overtime.

    Discuss whether the firm is acting in an ethical manner by changing the bonus. Is Suzanne behaving in an ethical manner?

    8

    Finals Week-No graded discussion prompts.

    Late Policy:

    Late assignments are accepted as outlined below:
  • Prior permission must be given for extensions (Unless you have experienced an emergency and were unable to do so). Late assignments will only be accepted if you have asked for and been approved for an extension. Approved extensions will be noted in the gradebook as "AE", otherwise a zero denotes that the assignment will not be accepted late. And, yes, you can ask for an extension on class discussion responses.

    • Methods of Evaluation:

    Chapter quizzes (7 quizzes-Varying & Increasing Points): 360 Points

    Quiz Week 1: 20 points

    Quiz Week 2: 40 points

    Quiz Week 3: 60 points

    Quiz Week 5: 70 points

    Quiz Week 6: 80 points

    Quiz Week 7: 90 points

    Class Discussion Topics/Writing Assignments (Varying & Increasing Points): 90 Points

    Mid-Term Examinations: 250 Points

    Final Exam: 300 Points

    Total Points: 1000

    Grading Scale:

    90 – 100% A

    80 - 89% B

    70 - 79% C

    60 – 69 % D

    Below 60% F

    In the box below type: I understand and agree to abide by the grading scales listed above.

     

    Week

    Topic

    Assignments

    1

    　

    Chapter 1 Introduction to Accounting and Business

    • Read and submit syllabus

    • Send in your chosen code name for the gradebook-read the week 1 announcement

    • Read Chapter 1

    • View Chapter 1 PowerPoint Presentation

    • Read Lecture notes

    • Complete problems

    • Take Quiz

    • Participate in Discussion Topic

    2

    　

    Chapter 2 Analyzing Transactions

    • Read Chapter 2

    • View Chapter 2 PowerPoint Presentations

    • Read Lecture notes

    • Complete problems

    • Take Quiz

    • Participate in Discussion Topic

    3

    　

    Chapter 3 The Adjusting Process

    &

    Chapter 4 Completing the Accounting Cycle

    • Read Chapters 3 & 4

    • View Chapters 3 & 4 PowerPoint Presentation

    • Read Lecture notes

    • Complete problems

    • Take Quiz

    • Participate in Discussion Topic

    4

    Chapter 5 Accounting Systems

    • Read Chapter 5

    • View Chapter 5 PowerPoint Presentation

    • Read Lecture notes

    • Complete problems

    • Participate in Discussion Topic

    • Take Midterm-covers chapters 1-5

    5

    Chapter 6 Accounting for Merchandising Businesses

    Chapter 7 Inventories

    • Read Chapters 6 & 7

    • View Chapters 6 & 7 PowerPoint Presentation

    • Read Lecture notes

    • Complete problems

    • Take Quiz

    • Participate in Discussion Topic

    6

    Chapter 8 Sarbanes Oxley, Internal Control, and Cash

    　

    Chapter 9 Receivables

    • Read Chapters 8 & 9

    • View Chapters 8 & 9

    • PowerPoint Presentations

    • Read Lecture notes

    • Complete problems

    • Take Quiz

    • Participate in Discussion Topic

    7

    Chapter 10 Fixed Assets and Intangible Assets 157

    　

    Chapter 11 Current Liabilities and Payroll

    • Read Chapter 10 & 11

    • View Chapter 10& 11 PowerPoint Presentation

    • Read Lecture notes

    • Complete problems

    • Take Quiz

    • Participate in Discussion Topic

    8

    No topic

    • No quiz due

    • No discussions due

    • Take Final Exam-covers chapters 6-11 (no problems from the textbook)

     

    In the box below type: I understand and agree to abide by the course schedule listed above.

    DISCLAIMER

    The syllabus is not a contract between the student and the instructor. Rather, it is a guide to assignments and grades. If changes are made to the syllabus the instructor will provide as much advance notice as practical. STUDENTS ARE RESPONSIBLE FOR WITHDRAWAL FROM CLASS, IF THEY DECIDE NOT TO COMPLETE IT. DO NOT DEPEND ON THE INSTRUCTOR TO DROP YOU, IF YOU STOP ATTENDING OR PARTICIPATING.

    In the box below type: I understand the course schedule and agree to abide by it. I realize that a syllabus is not a contract between and instructor or student, but rather a tentative outline of the course material.

    ONLINE INSTRUCTIONS

    YOU MUST FILL OUT THIS SYLLABUS IF YOU INTEND TO TAKE THE COURSE!

    It is your responsibility to make sure the instructor has the all the contact information stated at the top of this syllabus by the start of classes!! It is your responsibility to email the instructor if you have any problems or do not understand this syllabus.

    It is your responsibility to confirm your enrollment either via the Internet at http://bcregweb.barstow.edu/  or by calling (760)252-2411 x7236 if you are having problems accessing the course material. After you have confirmed your enrollment go to http://www.bcconline.com/orient/ and read the password link. Following this procedure will ensure you are helped in the fastest manner possible.

    By enrolling for this class, the assumption is that you possess the necessary skills to read at the college level, to enter and perform research on the internet, to email using proper email etiquette, and to post to the discussions.

    When emailing your instructor: (tpeak@bcconline.com) include your full name. Send all email with the name of the course in the subject line and Lesson # or the words: problem, question or comment. Sign all email with your name as registered at school, or else you will not receive a reply and your assignment will not be graded.

    You must briefly explain situation in the subject line, i.e., ACCT 1A-- Position Paper-- Problem. Email without an appropriate subject line will be deleted and will not be read. With the current high incidence of viruses and unsolicited email, I automatically delete all email without appropriate subject lines.

    Remember I do not usually answer email on the weekends, so 48 hours response time do not include Fridays, Saturdays, Sundays and holidays. If an email stating problem, help, or question in the subject line is sent on Monday through Thursday you can expect a response within 24-48 hours. If an email stating problem, help, or question in the subject line is sent on the weekends there may be a longer turn around time.

    Assignments will have a one week turnaround time, and you should not expect an answer to a successfully submitted and completed assignment before the end of the one week turnaround time period. Receiving graded assignments before the above stated timelines have passed does not guarantee that you will receive replies as quickly in the future.

    A posting place at the top of the discussion page indicates the instructor’s message board to you. Be sure to check this each week so that you don’t miss messages and clarifications; remember that sometimes no instructor posting will have been made. Students are not to post in the instructor's posting area. Should you have a concern with your class please email me your question. It is not appropriate for students to post their concerns in the instructor's posting area. Students who post in the instructor's posting area will receive a warning and their posting will be deleted unanswered. Students who ignore the warning and post again to the instructor's posting area will be dropped from the class.

    At the conclusion of the class students may find out their grades by calling (760) 252-6868 (local or out of state) and (877) 336-6868 (toll free within California). You may also find out your grade by going on the Internet at http://bcregweb.barstow.edu/ I do not email or post student grades and will not respond to inquiries about grades at the conclusion of the course.

    In the box below type, I understand and agree to abide by the online instructions written above.

    Class Requirements:

    You will not officially start this course until after you have completed the orientation sessions at http://www.bcconline.com/orient/. No work should be completed until AFTER you have reviewed the orientation area. The orientation area will answer many frequently asked questions about online instruction and also provides tutorials on common problems students encounter while doing online courses. If you are experiencing technical difficulties and/or need to learn how to use our courseware you should first check the orientation area to see if it answers your technical question. If your technical question is not answered on the website you may then email the webmaster@bcconline.com  with your question.

    If your question pertains to class materials you should email rnorman@bcconline.com. The webmaster cannot answer course related questions, and the instructor does not answer technical questions. Remember that you must state your full name, problem, question or concern and your class name in the subject line when asking a question.

    In the box below type, I understand there is one physical meeting for this course (the final). If I am unable to take the midterm or final on the main campus, or at Barstow College's Ft. Irwin or Miramar sites, I understand it is my responsibility to find a proctor and completely fill out the proctor from. I understand I must fill out the syllabus in order to complete this course and that completing the online orientation before beginning my course work is mandatory. I realize that I should email the instructor with any class related questions. I also understand that I should first check the orientation area for answers to my technical questions and can email the webmaster@bcconline.com my technical questions ONLY after checking the orientation area for the answer to my question first.

    Course Requirements

    There are several requirements in order to take the class:

  • An Internet browser to access web pages. Netscape 3.0, Internet Explorer 3.0 or the equivalent is the minimum.
  • An email address to receive class materials. A free email account such as Yahoo is acceptable.
  • The ability to structure your own time to do the readings, weekly assignments and be prompt. There are no make-ups. Be sure to schedule the exams in your personal scheduler. The exams are a significant portion of your grade.
  • The ability to create and submit college level written materials. Facility with using email, the discussion groups, the web, and word processing. If you do not have Internet access you may use the computer lab on campus; be sure to check times available for each lab to coordinate with your schedule.

    • In the box below type, I understand and have the ability to meet the requirements listed above. Further I have the necessary materials to complete this course.

    Tutorial Help

    Online classes are administered under the Distance Education division and as such there are no regular class meetings. Sometimes the terminology and/or the breadth of the class may seem to be daunting or overwhelming to you. If so, you may also attend on campus classes when possible for extra reinforcement. Check the spring schedule for time and place. Please identify yourself to the instructor prior to the start of class.

    In the box below type, I understand I can attend class courses if I need additional help, or that I may contact bctutorial@bcconline.com if I need to have a tutor for this course.

     

    Disability Statement: 

    If you have a disability which may impact your success in this course, you may contact the Office of Student Support (OSS) to arrange any reasonable accommodations and supports to which you are entitled. It is the responsibility of the student to initiate these procedures. The OSS department can be contacted by calling 760-252-2411 x7225 or 760-252-6759 TTY/TDD or emailing oss@bcconline.com.

    In the box below type: I understand that if I have or suspect I have a disability I can contact the OSS program at the number or email address listed above and request reasonable accommodations. Further I realize it is my responsibility to contact the OSS department.

    click here to go to the home page click here to email the instructor Click here to go to the discussion group