ACC 206 COMPLETE CLASS

(Prerequisite: ACC 100)

COURSE DESCRIPTION

This course provides an understanding of accounting concepts, assumptions, and principles. It progresses to an evaluation of accounting data for plant assets, current liabilities, deferrals and accruals, intangibles, payables, and payroll. It introduces accounting for corporations as related to stocks, bonds, and corporate earnings. It also introduces partnership accounting and, in addition, introduces the statement of cash flows.

INSTRUCTIONAL MATERIALS

Required Resources

J. Weygandt, P. Kimmel, & D. Kieso. 2018. Accounting Principles, Volume 2 (13th ed.). Hoboken, NJ: John Wiley & Sons. (Note: This is a textbook uniquely created for Strayer and can only be purchased through the Strayer Bookstore. The contents of the book differ from the national title.)

WileyPLUS access code. (Note: Students are emailed a registration code for this product when they purchase new course materials from the Strayer Virtual Bookstore. Students access WileyPLUS through the online learning platform, Blackboard, to submit homework and complete quizzes and tests.)

COURSE LEARNING OUTCOMES

1.     Apply accounting concepts related to plant assets, natural resources, and intangible assets and examine accounting transactions related to investments.

2.     Analyze the accounting concepts and journal entries required for current liabilities and long-term liabilities.

3.     Prepare transactions related to partnerships, corporations’ stockholder equity, and statement of cash flows and issue the related financial statements.

4.     Compute ratios used in analyzing a firm’s liquidity, profitability, and solvency and use ratio analysis for evaluating business performance.

STRAYER WRITING STANDARDS
This course requires the use of Strayer Writing Standards (SWS). The format may be different than other Strayer University courses. Please take a moment to review the SWS documentation for details. Details are included in your Blackboard left side menu.

WEEKLY COURSE SCHEDULE

The standard requirement for a 4.5 credit hour course is for students to spend 13.5 hours in weekly work.  This includes preparation, activities, and evaluation regardless of delivery mode.

Week	Activities, Assessments and Content
1	FIXED AND INTANGIBLE ASSETS PREPARATION ·         Register for WileyPLUS (Instructions) QUIZ ·         Scavenger Hunt Quiz (Extra Credit, 20 pts) LEARN ·         Read Accounting Principles - Chapter 10: Plant Assets, Natural Resources, and Intangible Assets ·         Watch lecture: Plant Assets, Natural Resources, and Intangible Assets ASSIGNMENT ·         Chapter 10, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
2	LIABILITIES AND PAYROLL LEARN ·         Read Accounting Principles - Chapter 11: Current Liabilities and Payroll Accounting ·         Watch lecture: Current Liabilities and Payroll Accounting ASSIGNMENT ·         Chapter 11, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
3	PARTNERING IN BUSINESS LEARN ·         Read Accounting Principles - Chapter 12: Accounting for Partnership ·         Watch lecture: Accounting for Partnership ASSIGNMENT ·         Chapter 12, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
4	CORPORATIONS AND STOCKS LEARN ·         Read Accounting Principles - Chapter 13: Corporations: Organization and Capital Stock Transactions ·         Watch lecture: Corporations: Organization and Capital Stock Transactions ASSIGNMENT ·         Chapter 13, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
5	DIVIDENDS AND EARNINGS LEARN ·         Read Accounting Principles - Chapter 14: Corporations: Dividends, Retained Earnings, and Income Reporting ·         Watch lecture: Corporations: Dividends, Retained Earnings, and Income Reporting ASSIGNMENT ·         Chapter 14, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
6	LONG-TERM FINANCING LEARN ·         Read Accounting Principles - Chapter 15: Long-term Liabilities ·         Watch lecture: Long-term Liabilities ASSIGNMENT ·         Chapter 15, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
7	ACCOUNTING FOR INVESTMENTS LEARN ·         Read Accounting Principles - Chapter 16: Investments ·         Watch lecture: Investments ASSIGNMENT ·         Chapter 16, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
8	BUSINESS FORMATION ASSIGNMENT ·         Assignment 1: Business Formation (100 pts)
9	CASH FLOW ANALYSIS LEARN ·         Read Accounting Principles - Chapter 17: Statement of Cash Flows ·         Watch lecture: Statement of Cash Flows ASSIGNMENT ·         Chapter 17, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
10	FINANCIAL STATEMENT ANALYSIS LEARN ·         Read Accounting Principles - Chapter 18: Financial Statement Analysis ·         Watch lecture: Financial Statement Analysis ASSIGNMENT ·         Chapter 18, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)
11	ACCOUNTING FOR MANAGERS LEARN ·         Read Accounting Principles - Chapter 19: Managerial Accounting ·         Watch lecture: Managerial Accounting ASSIGNMENT ·         Chapter 19, 4 Graded Assignments (Homework Practice, Homework, Practice Quiz & Quiz) (90 pts)

GRADING SCALE – UNDERGRADUATE

Assignment	Total Points	% of Grade
Scavenger Hunt Quiz – Extra Credit (8 questions, worth 20 possible extra credit points)	20	0%
WileyPLUS Practice Homework (10 practice homework assignments worth 15 points each)	150	15%
WileyPLUS Homework (10 homework assignments consisting of Brief Exercises, Exercises and Problems; each assignment worth 40 points)	400	40%
WileyPLUS Practice Quizzes (10 practice quizzes worth 10 points each)	100	10%
WileyPLUS Quizzes (open book with 120-minute time limit per chapter, 10 quizzes worth 25 points each)	250	25%
Assignment 1: Business Formation	100	10%
Totals (Percentage of grade totals are approximate)	1,000	100%

Points	Percentage	Grade
900 – 1,000	90% – 100%	A
800 – 899	80% – 89%	B
700 – 799	70% – 79%	C
600 – 699	60% – 69%	D
Below 600	Below 60%	F

Attendance Policy:

This course uses the WileyPLUS platform for lab work. Attendance is recorded for completing homework and quiz exercises.

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