South Dakota State University s7

SOUTH DAKOTA STATE UNIVERSITY COLLEGE OF AGRICULTURE AND BIOLOGICAL SCIENCES DEPARTMENT OF ECONOMICS ACCT 210 – PRINCIPLES OF ACCOUNTING (ONLINE) Fall, 2010

Instructor: Jim Heine Office Hours: MW – 12-12:30 p.m. Th 10-11:50 a.m (in Scobey). Other times by appointment Office: 121 Scobey Hall Required Text: Accounting by Warren, Reeve Duchac 23e Ed. Plus APLIA 1 semester book&aplia isbn 053876161X

APLIA Course Key: M969-VZ3R-TSD2

Phone: Class meets: Office: 605-688-4145 Sect. 8: on-line Cell 605-351-4465 Econ Dept: 688-4141 Email: [email protected]

Catalog Description: Accounting Principles I is the study of fundamental accounting principles and procedures such as journalizing, posting, preparation of financial statements, and other selected topics. Accounting is emphasized as a service activity designed to provide the information about economic entities that is necessary for making sound decisions.

Course Description: Fundamental accounting principles, practices and theory in double entry accounting. Application of these principles and practices are applied to the accounting cycle, cash, receivables, inventory, fixed assets and current liabilities. These applications are studied in a service or merchandising business organized as a sole proprietorship.

Course Objectives: Upon completion of this course the student should:

1. Know the basic terminology, principles, theories and procedures used in double entry accounting. 2. Be able to apply course material in analyzing general, routine business transactions to determine the journal entry necessary to record that transaction. 3. Be able to take a journal entry through the steps of the accounting cycle to the preparation of the financial statements. 4. Be able to explain the purpose of the Income Statement, Statement of Owner’s Equity and Balance sheet. Learning methods: Reading – It is expected the assigned chapters in the text will be read as necessary to complete the assigned homework. Video’s provided in d2l will be provided with basic concepts to prepare the student after reading the chapter to complete the “PRACTICE” and “GRADED” Homework referred to below. Homework Problems – Completing homework is essential if you want to learn the material of this course. There will be two types of homework in this course. The first type of homework will be completed using a computer based tutorial/assessment program called APLIA. APLIA is accessed at www.aplia.com. Your course grade includes 135 points to be earned by completing this homework and will be listed as “GRADED”. The second type of homework will come from the end-of-chapter materials in your text. The selected end-of-chapter exercises/problems can be found on the attached schedule of assignments. Also, these problems will be in Aplia with answers listed as “PRACTICE” Your course grade does not include any points for completion of this homework but these exercises/problems will help you prepare for the tests.

Website – The publisher has provided additional learning tools for this text. These tools can be accessed at http://academic.cengage.com/accounting/warren click on the 23rd edition student companion site.

Course Requirements & Assessment: Your mastery of the course objectives will be assessed using the following methods.

Homework – APLIA “GRADED” – The APLIA program assigned for this course is divided into weeks. On your to-do (schedule) sheet (provided in d2l) you will find a list broken down by week with what must be completed for the APLIA grades. APLIA grades are determined by the number of APLIA problems completed successfully. There are 10 “GRADED” Aplia homework assignments each worth 15 points. The lowest score will be dropped so that 9 homework assignments will count towards your grade.

Exams - Three midterm exams have been scheduled for this course. Please see your to- do (schedule) for the days and times of these exams in d2l. Please notice that the first three exams (midterm exams) are 70-point exams. The format of these exams will be multiple-choice questions and problem type questions. There will also be a comprehensive final exam for this course. The day, time and place of the final exam will be scheduled and announced later in the semester. Approximately 50% of the final exam will cover the material from the first four exams and the remaining 50% will cover chapters 5, 10 and 11. Please note that the final exam is worth 110 points and will have a higher percentage of multiple-choice questions than the midterms. Course Grading: the total number of points you earn during the course will determine your course grade.

Allocation of points: Grading scale:

Exam 1 70 > = 90% equals a A Exam 2 70 >= 80% but <90% equals a B Exam 3 70 >= 70% but <80% equals a C >= 60% but <70% equals a D Final Exam 110 < 60% equals a F APLIA 135 (10 “GRADED” assignments worth 15 points each with the lowest homework score dropped) Other points will be determined by instructor

Important Dates:

Thursday, September 9 Last day to add a full semester course. Last day to drop a full semester course and receive a full tuition refund Friday, September 10 “W” grade begins. Dropping the course after this date will result in receiving a grade of “W” Monday, November 15 Last day to withdraw from the course and receive a grade of “W” – NO REFUND. Courses dropped after this date will receive a letter grade of A, B, C, D or F.

Makeup work – Homework – N/A – Because homework is completed and submitted online class absences should not affect completing and submitting homework on time. Makeup for homework should not be necessary. See APLIA above. (NOTE THE LOWEST SCORE IS DROPPED)

Makeup work – Tests – Rarely should it be necessary for a student to be miss a test on a scheduled test day. If the student has an emergency and has contacted the instructor by his posted cell phone and left a message prior to the absence they may be allowed to make alternate arrangements for taking the on-line exam and it must be made up as soon as possible. If the agreed make-up time is missed for any reason the grade will be recorded as a zero.

Copyright - All materials used in this course may be protected by copyright.

Tutoring - The Career and Academic Planning Center (CAP) is providing free tutoring for Acct 210. Individual and group sessions will begin in September 2010. You may go to the tutoring website at http://generalstudies.sdstate.edu/Tutoring or call the Wintrode Tutoring Program (688- 4155) for more information. You can also schedule a tutoring appointment at http://generalstudies.sdstate.edu/Tutoring/Students.htm. Tutoring should be considered a supplement to, not a substitute for, class attendance and other class supports. Tutoring is designed to assist you with becoming an independent learner.

Supplemental Instruction (SI) - This program has been described as an organized study group. The sessions are led by a student who has successfully completed this class. The sessions are free and open to all. They will be held on ______5-6 PM in the Wintrode Student Success Center (WSC) room 120. The first session will be on ______. Supplemental Instruction is sponsored by SDSU TRiO Student Support Services. If you have questions concerning SI you may call 688-6653.

Freedom in learning. Under Board of Regents and University policy student academic performance may be evaluated solely on an academic basis, not on opinions or conduct in matters unrelated to academic standards. Students should be free to take reasoned exception to the data or views offered in any course of study and to reserve judgment about matters of opinion, but they are responsible for learning the content of any course of study for which they are enrolled. Students who believe that an academic evaluation reflects prejudiced or capricious consideration of student opinions or conduct unrelated to academic standards should first contact the instructor of the course to initiate a review of the evaluation. If the student remains unsatisfied, the student may contact the department head and/ or dean of the college which offers the class to initiate a review of the evaluation.

Cheating and Plagiarism Policy: The following actions will not be tolerated. Any evidence found of academic dishonesty will result in an “F” for the semester course grade and will be reported to the appropriate authorities for disposition as directed by the “Policy Governing Academic Integrity” found in the S.D.S.U. Student Policy Manual.

Cheating: An act of deception by which a student misrepresents that he or she has mastered information on an academic enterprise which in fact, she or he has not mastered.

Plagiarism: Taking ownership of one’s work even though the words, ideas or arguments are from another person. No appropriate attribution by quotation, reference or footnote is given to the original person.

Fabrication: The intentional and unauthorized falsification or invention of any information or citation in an academic exercise.

Facilitating Academic Dishonesty: Those who intentionally or knowingly help or attempt to help another to commit an act of academic dishonesty are also subject to penalty.

Disability Policy: It is the policy of South Dakota State University not to discriminate on the basis of race, color, creed, religion, national origin, ancestry, citizenship, age, gender, sexual orientation, or disability. If you are a person with a disability and anticipate needing any type of accommodation in order to participate in this class, please inform me and make appropriate arrangements with the Office of Disability Services. The Office of Disability Services is located in 110 West Hall. To schedule an appointment, call (605) 688-4504.