Course Syllabus

Financial Accounting I - Syllabus

Acct& 201 OAS

UNITS & MODULES

COVID-19

*COVID PROTOCOLS:  Bellevue College is following state and local guidelines regarding COVID safety.  All students need to attest by Monday, October 4, that they have received their COVID-19 vaccinations or have received a medical or religious exemption to attend Bellevue College.  In addition, masks are required indoors and everyone should stay home if you are sick.  Mask use outside and maintaining social distancing of at least 3 feet is strongly recommended.

More information and Attestation Form.

Instructor Information

Name: Judith Paquette

Email: judith.paquette@bellevuecollege.edu 

Phone: 425-564-2133 (Please use Canvas email FIRST as I check it regularly)

Business Transfer Website:  https://bellevuecollege.edu/businesstransfer/

Division email: socialsciencedivisionstaff@bellevuecollege.edu 

Division phone: 425-564-2331

Office Hours & Zoom Link:  password:  Assets

Zoom Office Hours and Review Sessions: https://bellevuecollege.zoom.us/j/219671199?pwd=dUI0cjc3ZFpBT3U0dTE2ZkluNlVUdz09 

Zoom Meeting ID: 219 671 199

Business & Economic Study Center on Teams: Link

Mon: 9:30-10:10 am (starting October 4)

Tue: 4:30-5:30 pm

Wed: 9:30-10:10 am (starting October 4)

Thurs: 1:30-2:30 pm

Preferred contact method: Please use Canvas email FIRST as I check it constantly; if you do not get a prompt reply (within 24 hours at the latest), use my Bellevue College email. I will respond to you: On weekdays: within 24 hours, usually sooner.  I often check on weekends, depending on class deadlines.  Or just sign on during my office hours on Zoom and ask your questions.  If you have a question, others probably do also.   

NOTE: GO TO THE UNITS & MODULES (here or from your home page) FOR ALL YOUR READINGS/VIDEOS AND ASSIGNMENTS.  THERE ALL 8 MODULES, including a Getting Started/Introduction module.        

Note: Here is a short version of the Syllabus PDF.  It does not include the College policy information, just the class details.

Course Description

Accounting 201 presents the nature and social setting of accounting, uses of accounting information, and basic concepts and procedures. The first accounting course required of business administration students planning to transfer to a four year college or university. Prerequisites: ENGL& 101 with a C or better. Math 138 or higher with C or better.

Course format and meetings

This is an asynchronous-online course.  However, I will have online Zoom office hours (see above) where you can ask a quick/long question, do practice activities.  I will also hold online Zoom review sessions before each exam.

All course materials are available online and students are not required to attend class activities in real time. If you have questions, please contact the instructor and attend my Zoom office hours. This class will require online proctored exams. A web camera and computer to run the Lockdown Browser (Respondus) application will be necessary. For more information, consult the course syllabus and your instructor or the program chair, Sheila Lozan, at sheila.lozan@bellevuecollege.edu.

 

Books, Materials, and Tech Required

• Kimmel (2019). Financial Accounting 9E, Wiley [9781119493648] includes WileyPlus Access Code for Homework
• Kimmel - WileyPlus Access code (packaged with textbook, good for all year)
• Professor's Course pack, can print or buy, about $15
• Basic calculator
• A web camera and computer to run the Lockdown Browser (Respondus) application and Zoom will be necessary
• Access to Microsoft Teams is helpful as you will be able to access the Business & Economic Study Center there.

Email

Please use Canvas email FIRST as I check it constantly; if you do not get a prompt reply (within 24 hours at the latest), use my Bellevue College email.

All students registered for classes at Bellevue College are entitled to a network and e-mail account. Your student network account can be used to access your student e-mail, log in to computers in labs and classrooms, connect to the BC wireless network and log in to MyBC. To create your account, go to: Create Email  

BC offers a wide variety of computer and learning labs to enhance learning and student success. Find current campus locations for all student labs by visiting the Technology Service Desk

Declare Your Major

If you intend to and have not already done so, declare your business major, under the Online Orientation Form, under "What is your ultimate goal in attending Bellevue College", select "complete a transfer degree..." and type in "Business Administration Transfer". Make sure you have consulted with an advisor and laid out your courses.

The Business Transfer Program recommends that you join the Bellevue College Business Leadership Community (BLC) Facebook page and/or on ourBLC Instagram (@BC_blc) which provides notices of application deadlines and NEWS from the Business Leadership Community, our CEO keynote speaker in the Fall, and find out about FREE workshops to prepare for the Univ. of Washington Writing Skills Assessment (35% of your acceptance is based on this score).

Course Outcomes

By the end of this course, you will be able to: 

1. Identify the purpose and uses of financial accounting
2. Apply basic accounting principles and assumptions to business transactions
3. Employ double-entry bookkeeping to record and report on basic business operational transactions in an accounting system
4. Describe the impact of basic operating transactions on a business’s financial position
5. Critically analyze a business’s financial position and operational results
6. Discuss the origins of fraud and means by which a business may protect itself from it
7. Demonstrate business communications skills through a variety of assessments such as team assignments, oral presentations, and written documents.

LINK TO ASSIGNMENT UNITS & MODULES

How Outcomes Will Be Met - Course Requirements/Points

ONLINE: Introduction on Canvas – Go to Discussions and post and read and respond to others	5
ONLINE: Chapter Reading Notes/Questions – Seven Chapter Assignments	18
ONLINE: Homework  (Accessed on this class website, but done on the WileyPlus website)- Eight Chapter Assignments – see schedule for due dates	21
ONLINE Quizzes:  Syllabus: Quiz, Seven Chapter quizzes	40
ONLINE: Three  Practice Exams – discussion Forums	9
ONLINE: Three  Account Identification Drill Quizzes	15
Three ONLINE (unless the Quarantine is over, then they will be ON CAMPUS Exams) – Two multi-chapter exams plus a comprehensive final exam. Sign up under PEOPLE	300
Project: Monopoly! including a Peer Review	15
Project: Financial Statement Analysis  - team project due in multiple parts	100
Exam Conferences – In person/phone exam results discussion	6
TOTAL POINTS (Final results may be adjusted based on results in proctored exams)	530

Grading

Grading:  The grade will be a numeric grade per BC guidelines.

GRADE	GPA POINTS	PERCENTAGE
A	4.0	92-100
A-	3.7	90-91
B+	3.3	88-89
B	3.0	82-87
B-	2.7	80-81
C+	2.3	78-79
C	2.0	72-77
C-	1.7	70-71
D+	1.3	68-69
D	1.0	62-67
F	0.0	BELOW 62

LINK TO ASSIGNMENT MODULES

Late Policy

No late Discussion posts will be accepted.  No make-up quizzes will be allowed. (Why? Because solutions are available). An assignment received AFTER THE TIME THAT THE OTHERS HAVE BEEN submitted WILL BE CONSIDERED LATE AND LOSE 5 points.  If the assignment is submitted in the next day, an additional 10% will be deducted.   NO ASSIGNMENTS WILL BE ACCEPTED AFTER 1 SCHOOL DAY HAS PASSED.  Hint:  If you think you’ll have trouble with this policy, turn in your assignments one day EARLY. If you are going to be late/absent on a due date, upload your assignment to Canvas.

The College Grading Policy is explained in the current Course Catalog and can also be found at this link: Grading Policy

Extra Credit opportunities:  I am an advisor for the Bellevue College Business Leadership Community (BLC), (check us out on Facebook).  There will be events this quarter that you can participate in and write a short essay.  See announcements for details.

Classroom Learning Atmosphere

What I expect of students

• Expected time:  The Business Transfer Program prepares students for careers in business. All the courses in the program are second-year (200 level) courses that are rigorous and have many requirements.  Students are strongly recommended to spend at least two hours outside of class for every hour in class.  If you assume you plan to spend the SAME amount of time online that you would spend in class (five hours), this means you must spend an additional ten hours per week.  Make sure you manage your time well. CALL ME at any time to go over QUESTIONS/CONFUSION!  DROP BY MY OFFICE/ZOOM.

• Free Tutoring: We have a dedicated Business Tutoring Lab (Teams: online) for you.  Check it out.  Successful students go regularly and get our tutors insight on the material.  And, even though it is online, it is a good place to go over homework.
• Strongly recommended: Attendance at my Zoom office hours WEEKLY, even if just to check in and ask a quick question.  If my times don't work for you, suggest another time. Students who check in, do better in the class (Why?  because they get questions answered and often get extra information by hearing other students' questions).

• My Advice:  This is a TIGHTLY-SCHEDULED and FAST-PACED course.  The materials involve learning the language of business – accounting, and the transactions needed to track a business, and how to do a rudimentary analysis of a business.  We have no time to take a break or revisit material – it is VERY HARD to catch up if you don’t stay current.  Having said that, please contact me EARLY if you need extra help and I will try to arrange this.

What students can expect of me

• I am committed to being available to you all, my students.  I respond promptly to email, I'm often online well outside my office hours and can connect via email then, or on Zoom, by appointment. 
• I give detailed feedback on assignments (please read my comments before asking about your grade).
• I try to get grading done within two class periods (if an exam is on Monday, for a MWF class, I try to have results no later than Friday).
• I encourage you to explore your strengths and interests, often referring you to the BLC (Business Leadership Community) events to find out about different careers.  This is the time for you to explore and find out more about your options.  Take advantage of it.  

The Legal Stuff

Please note:  This syllabus was constructed as a tentative plan for how the course will proceed.  A number of conditions and circumstances may arise which can alter the topics, schedule, activities, materials, etc.  The faculty member reserves the option to make any changes, as she deems necessary.

Detailed information about the class:

Videos

I have created my own videos (narrated PPTs) for this class.  Please watch them.  

Assignments

There are four unique "Modules".  Do assignments in the order listed. But watch the videos first, as they'll help you with the assignment.

Topics Covered

There will be an introductory assignment, and three additional modules.  The modules will cover the textbook chapters 1 - 7, and several projects outside of the textbook. The textbook chapers are: 

Ch 1:  Introduction to Financial Statements

Ch 2:  A Further Look at Financ’l Statem’ts (qualities, assumptions, principles, classified balance sheet)

Ch 3:  Accounting Information System (transactions, the worksheet, journal entries, trial balance)

Ch 4:  Accrual Accounting Concepts (revenue/expense recognition, adjusting journal entries, closing)

Ch 5:  Merchandising Operations & Multi-Step Income Stmt (perpetual/periodic inventory systems)

Ch 6:  Reporting & Analyzing Inventory (cost flow methods, tax effect, lower of cost/market) 

Ch 7: Fraud, Internal Control, Cash (Cash management, bank reconciliation)

Exams

There will be three exams given online (until quarantine is over, then moved to in-person). These will be given at approximately the 5^TH, 7^th or 8^TH, and the last week. 

Exam 1 covers Ch 1, 2, and 3; Exam 2 covers Ch 4, 5, 5A, and the final is comprehensive through all the material and Ch 6 and 7. Exams are closed book, closed notes.  Removing or taking a picture of an exam will results in your score becoming ZERO. Please come to the exam review sessions.  Early exams may be arranged in the advance with the instructor.  IN GENERAL, NO MAKE UP EXAMS WILL BE GIVEN. 

Homework

Accessed via Canvas, but done on the WileyPlus website.  You must have an access code (packaged with your textbook.  Your homework will be similar to the textbook problems, so this is a good place to start, before doing it online. Plan 2-3 hours for homework.

Practice Homework 

At the end of each chapter are practice problems WITH SOLUTIONS that students find helpful.

 For each chapter, I put in additional practice problems on the WileyPlus site for you.  They are not scored, but give you extra problems to work on.  These problems are almost identical to the homework, but with different numbers/names.  Some students start with the practice problems, then do the graded homework.

Quizzes

You will be given an open book multiple choice (5 point quiz) following each chapter on Canvas. You may have two attempts to complete this quiz but the questions may not be the same if you retake the quiz.  The highest score will be kept.  

Practice Exams

I issue practice exams.  You will discuss the practice exams on Canvas.  You will post a solution, check a solution (or more), and read all postings.

Projects

• Monopoly – The game of Monopoly is the ultimate Accounting game. After completing Chapters 1-3, we will play the game and prepare transactions and financial statements to determine the winner.  Part of this assignment will include a Peer Review.
• Financial Statement Analysis – more on this later.  NOTE:  This is a GROUP PROJECT and THE COMPANIES ARE PICKED BY ME.  SEE UNDER PEOPLE/PROJECTS.  However, each part has individual and group grades and will be submitted in multiple parts online.

Participation/Etiquette 

What is Participation? Being present to me, to your class mates, to your project team.  Participating in Discussion boards, Practice Exams, and consistent and intentional participation in your project.  Don’t wait to be asked to do something, volunteer!

Etiquette:  Please be respectful of your classmates and of me.  Professional, respectful behavior is the norm.

LINK TO ASSIGNMENT MODULES

Helping you Succeed

• Make use of our online Business & Economic Study Center (with tutors)
• Create "study buddies" to work together and to be accountable
• Attend my office hours and review sessions on Zoom
• Watch my Videos, print out the PPT slides and make notes during the video
• Print out a Course Calendar to keep on track
• Do the textbook and WileyPlus practice problems
• Start EARLY on the HW, even if you're tired, just reading the homework problems ahead of time helps (you can read the same assignment in your textbook).
• ASK for help from me if you need it.  Don't wait! 

.Student Conduct Code and Academic Integrity

Any act of academic dishonesty, including cheating, plagiarism (using the ideas or words of another as one’s own without crediting the source), and fabrication, and inappropriate/disruptive classroom behavior are violations of the Student Conduct Code of Bellevue College.

Please note that using a Cell Phone during an assessment (e.g., exam) for ANY REASON is considered cheating.

Please note that removing, taking a picture, copying, etc. of an exam will results in your score becoming ZERO.

Conduct: By being a student in my course you acknowledge that you are a part of a learning community at Bellevue College that is committed to the highest academic standards. As a part of this community, you pledge to uphold the fundamental standards of honesty, respect, and integrity, and accept the responsibility to encourage others to adhere to these standards. 

All interactions will be evaluated as to whether they are acceptable in the business environment. This includes interactions in on online discussion forums, email communications, with the instructor, with fellow students, and in the community. Inappropriate communications include jokes and discussions your classmates find offensive, excessive messages, and other communications which would be typically deemed inappropriate in the workplace. The student will be informed and expected to comply with requests for change and improvement. Please note that the instructor reserves the right to delete inappropriate communications from any public forums.

Examples of disruptive classroom behavior include, but are not limited to, repeatedly talking out of turn, arriving late or leaving early without a valid reason, allowing cell phones to ring, and inappropriate behavior toward the instructor or classmates. The instructor can refer any violation of the Student Conduct Code to the Manager of Student Conduct for investigation. Specific student rights, responsibilities, and appeal procedures are listed in the Student Conduct Code at: Student Code

Please note that for submitted written assignments, I will be using SimCheck, which is a software that checks for plagiarism.  If you score is high, I will reject your assignment.  However, you can also use SimCheck before submitting and make the needed revisions to put the assignment into your original words.  This way, you can make sure your assignment won't get rejected and you will will get a better understanding of how to paraphrase research into your original writing.  For repeat plagiarism, I may refer the student to the Dean for investigation. Incident reports can be filed at Report Concerns http://www.bellevuecollege.edu/reportconcerns/ ]

Diversity, Equity, and Inclusion

Bellevue College is committed to maintaining an environment in which every member of the campus community feels welcome to participate in the life of the college, free from harassment and discrimination.

We value our different backgrounds at Bellevue College, and students, faculty, staff members, and administrators are to treat one another with dignity and respect.

Affirmation of Inclusion (https://www.bellevuecollege.edu/inclusion/) 

Student Services

Bellevue College provides a number of wrap-around supports for student, including academic, counseling, advising, career services.

For more information, view these Student Support Services.

For information related to public safety on campus, view Public Safety.

For more information about accomodations, please see the Disabiltiy Resource Center: https://www.bellevuecollege.edu/drc/ 

Canvas Information

Canvas is Bellevue College's learning management system and is where the where course content, grades, and communication will reside for this course.

• You can access Canvas at bc.instructure.com

• You can get help with Canvas by following the link here: Student Canvas Help

• For Canvas, Passwords, or any other computer-related technical support contact the IT Service Desk.
• For grades, assignments, missing links, etc, contact your instructor.
• For best results, use the full Canvas version and not the Canvas Student App.
• Accessing your course from China? Some content may be restricted. More information about working from China.
• Canvas privacy information
• Canvas accessibility information