ACCOUNTING 100 (Principles of Financial Accounting)

SAN FRANCISCO STATE UNIVERSITY

Fall 2011 INSTRUCTOR: Dr. Su-Jane Hsieh OFFICE: SCI 303 PHONE: 338-2738 CLASS HOURS: OFFICE HOUR: M 17:00-17:55 (DTC) 100.05 W 16:10-18:55 W 13:00-16:05

------COURSE DESCRIPTION: Accounting 100 is to provide an overview of the accounting process which results in the production of financial statements. This course also exposes students to the usage of financial statements (i.e., how the financial statements are used by investors, creditors, etc. in making business decisions). ------

PREREQUISITES: Passing ELM test or equivalent.

REQUIRED TEXT: Financial Accounting, Weygandt, Kimmel and Kieso, seventh edition, Wiley.

GRADING AND EVALUATION:

I. Homework

The problems assigned for each class session are to be attempted by the student before coming to class. The student can only learn financial accounting by doing the assignments. My duties as a teacher of accounting are to help you, the student, overcome any difficulties you might have with the material assigned, do some (not all) of the problems assigned, and expand upon the material with examples from the business world. Homework problems and other assignments must be done in order for the student to gain the necessary knowledge to go on to other courses and work. Homework solutions are available in the library Reserve Book Room located in HSS 102.

1 II. Examinations

Three examinations will be given in class during the semester. Exams I and II are scheduled for September 28 and November 2, respectively. The final exam is on December 14. In addition, three homework assignments will be available on iLearn. The availability of these assignments will be announced in class.

III. Class Policy, Evaluation and Department Plagiarism Policy

Class Policy and Evaluation. Classes are generally conducted using a lecture and problem-solving format. Class notes are available on iLearn. No make-ups will be given for any exam. Students are expected to prepare for the day's material including both reading assignments and problems assigned before coming to the class. An incomplete grade cannot be used to substitute for any other grade. For important course related dates (i.e., last day to add/drop classes or request CR/NC grading option), please check Academic Calendar available on SFSU website at www.sfsu.edu.

Your final grade will be based on the following:

Possible Points ------Exam I 100 points Exam II 100 points Final Exam 150 points Homework 75 points ------Total 425 points

Note: All accounting majors must earn a grade of "C" or better in ACCT 100 to proceed in the accounting concentration.

Department of Accounting Plagiarism Policy. Plagiarism is a form of cheating or fraud; it occurs when a student misrepresents the work of another as his or her own. Plagiarism may consist of using the ideas, sentences, paragraphs, or the whole text of another without appropriate acknowledgment, but it also includes employing or allowing another person to write or substantially alter work that a student then submits as his or her own. Any assignment found to be plagiarized will be given a failing grade. All instances of plagiarism in the Department of Accounting will be reported to the Department Chair, and may be

2 reported to the University Judicial Affairs Officer for further action. IV. Homework Assignments

Class Date Chapter Suggested Homework 1 8/24 1. Accounting Activities and BE1-1,E1-2,E1-3,E1-11, Financial Statements P1-3A,E1-8,P1-2A, P1-4A,BE1-6.

2 8/31 2. The Recording Process E2-2,P2-1A,P2-3A,P2-5A, BYP2-3.

3 9/7 3. Adjusting the Accounts E3-1,E3-3,E3-4,E3-7. E3-9,P3-2A,P3-4A,P3-5A.

4 9/14 4. Completing the Accounting P4-1A,P4-5A Cycle

5 9/21 5. Accounting for E5-1,E5-2,E5-3,E5-4, Merchandising Operations P5-1A,P5-5A,P5-7A.P5-8A.

6 9/28 Exam I

6. Inventories

7 10/5 6. Continued E6-7,E6-9,E6-12, E6-14,P6-1A, P6-4A,P6-5A,P6-8A.

8 10/12 7. Internal Control and Cash E7-3,E7-4,E7-11,P7-3A. 8. Accounting for Receivables E8-6,E8-8,E8-9,E8-11, E8-14,P8-1A,P8-2A, P8-5A,P8-7A. 9 10/19 9. Plant-Assets, Natural E9-4,E9-6,E9-7, Resources and Intangible E9-10,P9-1A,P9-3A, Assets P9-6A,P9-7A.

10 10/26 10. Liabilities E10-3,E10-8,E10-12, E10-20,P10-3A,P10-8A. 11 11/2 Exam II 11. Corporations: E11-2,E11-7,E11-8, Organization, E11-11,P11-1A, Stock Transactions, P11-2A,P11-4A,P11-9A

3 Dividends, and Retained Earnings 12 11/9 11. Continued 12. Investments E12-5,E12-6,E12-10, P12-2A,P12-3A,P12-4.

13 11/16 12. continued 13. Statement of Cash Flows E13-1,E13-2,E13-3,P13-3A, P13-4A,P13-9A,P13-10A

Fall Recess (11/21-11/25)

14 11/30 14. Financial Statement E14-3,E14-7,E14-8, Analysis P14-2A,P14-3A.

15 12/7 14. Continued P15-2A,P15-3A,P15-5A. 15. Accounting Principles (available on line at www.wiley.com/college/weygandt)