Portland Community College s5

Portland Community College Course Syllabus Summer 2015

Course BA212 Introduction to Accounting 3 Credit Hours

6:00 PM-09:50 pm Wed Sylvania Campus

Instructor Michael Dimond [email protected] voice mail: 503-208-5725 Office hours: by appointment

Course Description BA 212 is the second of a two-term sequence in Financial Accounting. This course continues the presentation of fundamental issues begun in BA 211. Introduces the Statement of Cash Flows and financial statement analysis

Intended Outcomes for the Course: Upon successful completion of BA 212, the student should be able to:: 1. Demonstrate an understanding of the fundamentals of financial accounting theory 2. Support at a basic level the recording and reporting of financial information for a business 3. Demonstrate knowledge of the use of the required financial statements

Competencies and Skills: Students completing BA 212 should have acquired the following competencies and skills: 1. account for receivables, to include their recognition, disposal and valuation 2. record the acquisition, depreciation and disposal of plant assets 3. explain the concept of natural resources and intangible assets and the methods of cost expiration 4. explain the nature and types of current liabilities 5. explain the nature, purpose and valuation of bonds payable 6. account for bonds payable, to include the issuance, retirement and amortization of discounts and premiums 7. demonstrate an understanding of the corporate form of organization 8. account for common and preferred stock issuance 9. account for cash dividends and stock dividends 10. account for the acquisition and re--issuance of treasury stock 11. demonstrate the accounting and reporting for security investments, to include their acquisition, disposal and valuation 12. demonstrate an understanding of the purpose, use and preparation of the Statement of Cash Flows 13. use horizontal, vertical and ratio analysis to evaluate financial strength and performance

Prerequisites BA211, WR 115, RD 115, and MTH 20. BA 111 is highly recommended.

Required Items Financial Accounting 6th edition 2013 (with access code for Connect ) John J. Wild McGraw-Hill Irwin ISBN: 007776837X The textbook can be purchased at the bookstore on any of the main PCC campus locations (Sylvania, Rock Creek, Cascade, Southeast Center). You can also order the textbook through PCC’s online bookstore at: http://www.pcc.edu/resources/bookstore/buy.html Note: If you purchase a used text, you will also need to purchase the access code for the Connect homework manager in order to submit your assignments.

The online homework can be found here: http://connect.mheducation.com/class/m-dimond-ba-212-summer-2015

Access to Microsoft Excel, Powerpoint and Word, as well as Adobe Acrobat. You will also require access to email and to the internet.

Grading Grades are based on 100 points total, broken out as follows: Assigned Problems (on Connect): 15 points Midterm Exam: 40 points Final Exam: 40 points Financial Accounting Assessment (on Connect): 5 pts

A = 90%, B = 80%, C = 70%, D = 60%, F = 59% or less. Proposed Schedule This is subject to change as needed. For each week, please skim the material in the chapters prior to class. This will make the class time more interesting for everyone!

Week Read Topic Week 1 Chapter 8 Reporting & Analyzing Long Term Assets Week 2 Chapter 9 Reporting & Analyzing Current Liabilities Week 3 Chapter 10 Reporting & Analyzing Long Term Liabilities Week 4 Midterm Exam Week 4 Chapter 11 Reporting & Analyzing Equity Week 5 Chapter 12 Reporting & Analyzing Cash Flows Week 6 Chapter 12 Cash Flows (cont’d) Week 7 Chapter 13 Analyzing & Interpreting Financial Statements Week 8 Final Exam

Academic Integrity Policy: Students of Portland Community College are expected to behave as responsible members of the college community and to be honest and ethical in their academic work. PCC strives to provide students with the knowledge, skills, judgment, and wisdom they need to function in society as educated adults. To falsify or fabricate the results of one's research; to present the words, ideas, data, or work of another as one's own; or to cheat on an examination corrupts the essential process of higher education.

Students with documented disabilities who may need accommodations, who have any emergency medical information the instructor should know of, or who need special arrangements in the event of evacuation, should contact the instructor as early as possible, no later than the first week of the term.

Assignment and exam dates may be changed by the instructor in response to institutional, weather or class problems.

Academic Help at PCC: Student Success Center: CC 204 | 503-977-4540 (Live and online accounting tutors) http://www.pcc.edu/resources/tutoring/sylvania/student-success/math-center/