ACCOUNTING 156 - Principles of Accounting II
COURSE OBJECTIVES AND PREREQUISITES
This course completes Accounting 155's introduction to the fundamentals of financial accounting, and provides an introduction to fundamental techniques of managerial analysis of accounting information. It expands the student's working knowledge of "the language of business" and serves as an additional foundation for subsequent courses in accounting, finance, and business. The course helps students learn to make business decisions using accounting information. In addition, the course enhances problem-solving, critical thinking, and communication skills.
The prerequisite course is Accounting 155 (Principles of Accounting I).
INSTRUCTOR AND OFFICE HOURS
Office Hours: MWF 10:30-11:45
Main 201D, Phone 3486, e-mail bfoss@.cord.edu and by appointment
I am also in my office at other hours and please feel free to come in during other hours or make appointments. Also you may contact me by email or telephone. I will be available via email every day during hours announced each class period.
Tutors and the Academic Enhancement and Writing Center are available to meet a wide variety of student needs.
TEXTS AND MATERIALS
Belverd E. Needles, Jr., Marian Powers, and Susan Crosson. Financial
& Managerial Accounting 2008e (eighth edition); You may only use
a simple (4 function) calculator during tests and quizzes.
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POLICY ON ACADEMIC RESPONSIBILITY
"It is expected of both faculty and students that they act with academic honesty and integrity." See the General Catalog and Student Handbook for further details.
POP QUIZZES, HOMEWORK, AND ATTENDANCE
Pop quizzes will be used in this course. In some cases, quizzes will be given immediately after the reading assignment and before the material is covered in class. To encourage thorough learning by regular practice and class attendance, the following policies will apply:
Each pop quiz or homework assignment/problem collected will have a value of 10 points. The Skilled Development Cases (SD) are to be typed double-spaced. These pop quizzes or homework assignments cannot be made up. Homework (problem/exercise) assignments are turned in during class or before class. To receive credit, turn in assignments on time. You will be allowed to drop three of the lowest scores.
You can earn a possible 80 points for class participation.
Grading will be done on the basis of total points earned in the class. Cutoff levels for each grade will be determined for each of the components. Those will then be summed to obtain total final cutoff levels for the entire course. The cutoff levels will be announced during the course.
TOTAL POSSIBLE POINTS:
Pop quizzes/assignments 100
Class participation 80
Final comprehensive examination 150
TOTAL POINTS POSSIBLE 630
Keep all graded papers until final grades are received. All exams are secure exams and must be returned to the instructor before leaving the classroom; these papers will be kept until one month after the end of the semester. If you are concerned about your grade at any time, feel free to talk to me at your convenience.
SUGGESTIONS FOR SUCCESS
Prepare for each class by studying the reading material which is assigned, or implied by the written assignment. Class time will be used to improve your mastery of material which you have studied and which you want help in understanding.
Test your mastery of the reading material by making a serious effort to complete all parts of each assignment. Use the review problems to assess your learning.
Prepare for each class by identifying specific points or general areas where you need help.
You will want to understand how to solve a problem and also why it is solved this way. Accounting is not impossible, but the only way you can learn it is by digging it out for yourself. The instructor cannot do it for you.
Attend every class and do not get behind. Help is available so be sure and use it.