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COURSE SYLLABUS

1. TITLE OF COURSE: Principles of Accounting I
PREFIX/NUMBER: ACC 121 CREDIT HOURS: 4
2. PREREQUISITE:
3. RESOURCES NEEDED:
  TEXT:

Fundamentals of Accounting Principles- 18th Edition, Volume 1 Text/Workpapers, Wild, Larson & Chiappetta 

SUPPLIES: Notebooks, pencils, and calculator.
4. COURSE DESCRIPTION:
5. COURSE GOAL: To introduce the fundamental concepts of double-entry accounting with practical applications and to develop analysis skills.
6. COURSE OBJECTIVES:
(A) To provide a basis for understanding the accounting process and the role played by accountants in this process.
(B) To provide an understanding of the basic financial reports and the effect of transactions on them.
(C) To provide skill in illustrating the debit and credit analysis of transactions.
(D) To identify and perform the steps of the full accounting cycle, including the worksheet and adjusting, closing, and reversing entries.
(E) To provide an understanding of general and special journals, the voucher system, and electronic systems for processing accounting data.
(F) To provide a basis for understanding trade accounts and notes and how credit policies affect a business
(G) To provide an understanding of inventory reporting and control methods
(H) To provide an understanding of assets--measurement, depreciation methods and calculations, disposal and control methods
(I) To understand the nature and types of liabilities
(J) To analyze financial statements and to discuss various types of financial statement disclosures and the impact of inflation on financial statements
(K) To introduce the partnership form of organization and its effect on the accounting process
7. EVALUATION PROCEDURES:
The final grade for the course will be computed as follows:
10% on homework assignments
15% on practice set
75% on tests (A minimum of four (4) and a maximum of six (6) such tests will be administered.)
All materials will be graded on the percentage correct of the total points possible. (Grades will not be "curved.")
Grading Scale
Raw Score Range 		Letter Grade
90 to 100 A
80 to 89 B
70 to 79 C
60 to 69 D
0 to 59 F
It is the student's responsibility to arrange make-up work whenever absent.
Special Remarks:
1. Attendance:  Students will be dropped from enrollment when absent from 20% of class time regardless of cause of absence (15 hours constitute 20% of this course.)  Re-enrollment procedures are described in the PCC catalog.  It is at the instructor's discretion if the student can or cannot be reinstated.  Make-up work will be required if a student is reinstated.
2. Tardy Policy: A student who is late three times (enters classroom after the instructor has taken roll) will be charged with one full absence.
3. Policy for Missed Exams:  Make-up exams will not automatically be given.  Students with a valid reason for absence from an exam may petition the department in writing for permission to take a make-up exam.  Documentation must be provided to the department with the request.
If a make-up exam is given, the exam will in most circumstances be different from the exam given during the scheduled class time.

Students will be notified within one week from the date the petition is received if department approval has been given to make up the exam.

If the request for the make-up exam is not valid or if documentation is not given, a grade of zero will be entered for the missed exam.

8. COURSE OUTLINE:
9. LECTURE OUTLINE:
10. METHODS OF INSTRUCTION:
To be successful in this course, students are expected to participate in discussions, readings, in-class writing, and peer review activities. The instructor may assign point values to such activities.
11. ACADEMIC INTEGRITY:
The very nature of higher education requires that students adhere to accepted standards of academic integrity. Therefore, Pueblo Community College has adopted a policy of academic conduct as described in the Student Handbook. Violation of academic integrity may be defined to include the following: cheating, plagiarism, falsification and fabrication, abuse of academic materials, complicity in academic dishonesty, and personal misrepresentation. It is the student’s responsibility to be aware of the behaviors that constitute academic dishonesty. Sanctions for violating the standards of academic integrity may include warning, probation, suspension, and/or failure of the course or assignment at the discretion of the instructor.
12. ADA NOTICE:

Students who have a documented disability may be eligible to receive accommodations for this class. Please contact the Disability Resources Center at 549-3446 for further information.