ACG2001 Principles of Accounting I - Fully Online - Course Preview

Course Preview Page - ACG2001 Principles of Accounting I - Fully Online	BROWARD COLLEGE
Reference #518846 First day of class March 11, 2015 FACULTY INTRODUCTION Hello my name is Diane Paley.  FACULTY CONTACT INFORMATION dpaley@broward.edu or leave message with South Campus Business Department:  954-201-8933 Once the course begins, please email via our D2L course page. I don't have an office, but you can make an appointment to meet with me at South Campus Business Dept. or to chat with me online. COURSE DESCRIPTION This is an e-learning class with no on-campus meetings. This course provides an introductory study of the fundamental principles of recording, summarizing and reporting the financial activities of proprietorships. ONLINE ORIENTATION All students must complete the online orientation which is available after you log into the course. Students must log in on the first day of the course. You must purchase the text book and online access code for homework (see below). You must complete the orientation within two to four days of the start of the class depending on the semester. The specific due date for the orientation will be provided when you log in. METHODS OF INSTRUCTION This is a 3-credit hour course. Normally, a three-credit hour course would meet twice each week for a total of 3 hours per week or 48 hours per term. In this class, we will meet totally online. Various tasks must be completed to achieve the learning objectives for this course they include, but are not limited to: reading the text, viewing PowerPoint presentations, reading lecture notes, viewing illustrations, responding to discussion questions, submitting homework utilizing an online homework manager, and taking online exams. LEARNING OUTCOMES Upon successful completion of this course, students should be able to: • Explain the nature and purpose of accounting. • Describe how generally accepted accounting principles have evolved to form the underlying basis for accounting practice. • Perform the following major steps in the accounting cycle: analyzing transactions, recording transactions, posting to accounts, and preparation of a trial balance. • Perform the following steps in the accounting cycle: the preparation of financial statements and closing procedures. • Describe the accounting for businesses that buy and sell merchandise. • Prepare financial statements, adjusting entries, closing entries, and a post-closing trial balance for a merchandising enterprise. • Prepare adjusting entries for deferrals and accruals. • Describe how an accounting system provides information to management for planning and controlling operations. • Describe the concepts of internal control over cash; operations of a petty cash fund; use of a checking account; and procedures for monthly bank reconciliations. • Describe the account¬ing for short-term investment and receivables. • Describe the basis for inventory valuation. COURSE REQUIREMENTS Please make sure that you can meet the following requirements before you sign-up for this course: All exams will be given online. Actual dates and times will be provided in your syllabus. Homework assignments will be turned in online. All graded assignments and tests are performed at the Cengage website (an online homework manager). An  access code to Cengage is included with your text when you purchase it at a BC bookstore. All work must be completed by the posted due dates. Late submissions will not be accepted. Is Online for You? Please go to BC Online to take an online readiness evaluation. Please go to BC Online to confirm you have the required hardware and software. High speed internet access is preferred but not required. There will be some audio files that you will want to listen to that will require downloading. Important! You must enable the pop-up feature for your browser. If you are using Netscape or Internet Explorer, you will not be able to take the quizzes unless this feature is enabled. COURSE MATERIALS Required Text: Title: Accounting, 25e Author(s): Warren/Reeve/Duchac Publisher, Edition: Cengage, 25ed Hardcover Textbook + CengageNOW Printed Access Card (includes MindTap Reader eBook & 720 day access) ISBN: 9781305426627 Loose Leaf Textbook + CengageNOW Printed Access Card (includes MindTap Reader eBook & 720 day access) ISBN: 9781305426634 Books are available at the Central Campus bookstore A. Hugh Adams Central Campus Bookstore Admissions & Student Service Center - Bldg. 19 Tel: (954) 201-6830 Fax: (954) 201-6895 If you are buying a used textbook, you can purchase the access code at the Cengage website but it isn't always financially advantageous to do so (check out pricing beforehand). This textbook is used for all 3 levels of accounting at Broward College. IMPORTANT: You must have the text on the first day of class. Please plan accordingly. HOW TO REGISTER FOR THIS COURSE Please register for course using myBC website . Students must pay for the course before they will be able to log into the course. HOW TO ACCESS THE COURSE ONCE YOU ARE ENROLLED You will be able to login on the first day of the session. Please understand that the only people who will be permitted to login are those students who have registered and paid for the course. There may be a delay of up to 24 hours from when a student registers and pays before D2L login is activated. Obtain BC email user ID and PIN code before attempting to login to D2L. At the BC email address site, click on "ID Lookup", then enter your Student# (or INTL Student ID#) and PIN code (2 digit birth month and 2 digit year). Write down your email ID (not the @mail.broward.edu part), which is your D2L User Name. Your D2L User Name is the same as your BC email ID. Your D2L password is the same as your BC email PIN code.
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