ACCT 2102 Principles of Accounting II

Fall 2011
INSTRUCTOR: Bert Richards OFFICE: 545 Robinson College of Business, 35 Broad Street PHONE: 404.413.7230 HOME PHONE: 706.363.0301 (emergencies only--leave message) E-MAIL: brichards@gsu.edu (put ACCT 2102 & CLASS TIME on subject line) OFFICE HOURS: 4:30 6:00 pm Mondays & by appointment

You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself. -- Warren Buffett TEXT and REQUIRED MATERIALS:

Ainsworth and Deines, Introduction to Accounting: An Integrated Approach, 6 Edition, McGraw Hill Irwin, 2009 ISBN 978-0-07-813660-3. (As an alternative to a hard copy of our textbook, students can purchase an online copy at http://www.coursesmart.com) Einstruction CPS response pad ISBN 978-1881483-81-6 (Note: There is no enrollment

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code for ACCT 2102. There is a registration fee.)

Simple four function calculator and scantrons (Form No. 882-E).

COURSE DESCRIPTION:
In this course, students continue to develop accounting skills for solving business problems using an integrated approach. The integrated approach focuses on the business processes and examines the activities from both an external, financial reporting perspective and an internal, management decision-making perspective. The course incorporates real world applications, including actual financial statements, to reinforce the relevance of topics to real business situations and promote student interest. Principles of Accounting II concentrates on the time value of money, capital budgeting, equity financing, debt financing, recording financing and investing transactions, preparing income statements, preparing balance sheets, and preparing cash flow statements, as well as financial statement analysis. 3.0 Credit Hours.

PREREQUISITES:

ACCT 2101 is a prerequisite for ACCT 2102. Students must receive a grade of C- or better in ACCT 2101 in order to take ACCT 2102. Anyone not meeting this

prerequisite will be dropped from the course. If you have not met the prerequisite, you need to drop the class during the first week to avoid loss of tuition and fees. Accounting majors must have a B or better in both ACCT 2101 and
ACCT 2102.

COMPUTER SKILLS PREREQUISITES:

You are responsible for having the following computing prerequisite skills. They will not be taught in class. Detailed descriptions of the computer skills can be found on the course ulearn site.
CSP 1: Basic Microcomputing Skills CSP 2: Basic Microcomputing Spreadsheet Skills CSP 7: Basic Internet Usage

ACCOUNTING LAB:
An accounting lab staffed by graduate students will be located in RCB 523 to provide tutorial assistance to Acct 2102 students. The Robinson College of Business building is located at 35 Broad Street with Bank of America occupying the first floor. The accounting lab will be open beginning August 22nd and continue through finals week. Lab hours for fall 2011 are as follows: Monday 10:30am-2:30pm & 3:00pm-5:00pm Tuesday 10:00 am 4:00 pm Wednesday 10:30am-2:30pm & 3:00pm-5:00pm Thursday 10:00 am 4:00 pm Friday (exam weeks only) 11:00 am 5:00 pm
Quick-answer e-mail: 2102lab@gmail.com This e-mail is set up strictly for questions

that have a short answer (lengthy explanations require lab attendance). Please note that questions asked after 5:00pm may not get answered until the following business day (e.g., questions after 5:00pm Friday may not get a response until Monday).

SUPPLEMENTAL INSTRUCTION:
Supplemental Instruction (SI) is a voluntary academic assistance program that uses peerled study groups to help students grasp the course material. The SI sessions review the material covered in class. Please check our uLearn discussion board for specifics on when/where the SI sessions will meet.

COURSE POLICIES COURSE OBJECTIVES:

Upon successful completion of ACCT 2101 and 2102, students will be able to: 1. Translate activities related to essential business processes into accounting information reflected in the accounting information system. 2. Solve operating problems by identifying relevant information from the accounting system and using appropriate tools. 3. Comprehend the usefulness of accounting information to stakeholders making business decisions.

ATTENDANCE AND PREPARATION:

Your attendance and active participation in this class are essential to your learning. Research shows that attendance is a good predictor of performance. Students are expected to come to class prepared. You should plan to spend twice as much time outside of class studying as you spend in class. Students that read (and reread) the chapters and review their notes, lecture material, and homework have a much better success rate.
A special word to VA students: Due to required University oversight of students receiving VA benefits, you have a special burden of faithful class attendance. Under present guidelines, absence for a ten-consecutive calendar day period necessitates a report to that effect to the VA Office at GSU, with (presumably) a consequent adverse effect on your status vis-a-vis the U.S. Government. Please keep this in mind.

DISABILITIES OR SPECIAL NEEDS:

Students who wish to request accommodation for a disability may do so by registering with the Office of Disability Services. Students may only be accommodated upon issuance by the Office of Disability Services of a signed Accommodation Plan and are responsible for providing a copy of that plan to instructors of all classes in which accommodations are sought. Please let me know if you have a disability or special need

that requires accommodation.

ULEARN:
This course uses uLearn for communication purposes, lecture material, and practice quizzes. ULearn can be accessed from a link on the Georgia State University homepage. You are expected to have reliable access to a computer with an internet connection.

MISCELLANEOUS POLICIES: Show respect for the instructor and your classmates:
Be punctual for class - when youre tardy, you miss important course announcements and you disrupt the learning process for others. If you do arrive late, enter and take a seat quietly. Be courteous -- do not engage in behaviors that disrupt the class. Turn off all cell phones, iPhones and blackberries and use a computer only to access course materials. Participate in class discussion and group activities, but dont interrupt other students or attempt to dominate the conversation. Stay focused on the assigned topic.

GSU ACADEMIC HONESTY POLICY: All university and college regulations

concerning academic honesty shall apply. In general, students are expected to recognize and uphold standards of intellectual and academic integrity. The university assumes as a minimum standard of conduct in academic matters that students be honest and that they submit for credit only the products of their own efforts.
It is particularly important that students read and understand the portions of the University Policy on Academic Honesty that relate to plagiarism, unauthorized collaboration, falsification, and multiple submissions. The University Policy on Academic Honesty is explained in detail in the student handbook, On Campus, available online at http://www2.gsu.edu/~wwwdos/codeofconduct_conpol.html . This Policy represents a core value of the University. All members of the University community are responsible for knowing and abiding by its tenets. Students are expected to carefully review the online Policy prior to undertaking any research or other assignments. Abstracted from Student Handbook Student Code of Conduct Policy on Academic Honesty at http://www2.gsu.edu/~wwwdos/codeofconduct_conpol.html Behavior consistent with College and University policies on academic honesty and treatment of members of the University community is expected of all. Cheating, plagiarizing, submitting the material for credit in more than one class, and other deceptive conduct with respect to a students

work output will be dealt with according to the University Policy on Academic Honesty. Plagiarism and misrepresentation of work are serious offenses, which can lead to expulsion and a grade of F for the course. Plagiarism includes, but is not limited to, taking material from any source written by another and presenting it as your own by failing to indicate full and accurate attribution to the correct author/creator. This includes marginally altering material taken from another source and calling it your own creation. Plagiarism includes materials taken from internet sources. Proper citation requires quote marks or other distinctive set-off for the material, followed directly by a reference to the source. The source details may be in the footnotes/endnotes/references section, but only listing a reference without proper indication in the text is not proper attribution and can be considered plagiarism. Misrepresentation of work includes, but is not limited to, presenting material that was prepared for another class or outside work as an original work product that was produced for this class. All work turned in for this class is represented by the student(s) to be original material prepared in fulfillment of this courses requirements. Students are encouraged to discuss freely with faculty any questions they may have pertaining to the provisions of the Policy on Academic Honesty prior to submitting assignments. Lack of knowledge of the contents of the University Policy on Academic Honesty is not an acceptable defense to any charge of academic dishonesty.

GSU WITHDRAWAL POLICY:

A student who withdraws prior to the midpoint in the semester or term will be awarded a W. A student who withdraws after the midpoint will automatically receive a WF. You are responsible for understanding and adhering to the W limit policy which is described at http://robinson.gsu.edu/resources/files/ouaa/policy_flyer.pdf

STUDENT ASSESSMENT:
Your constructive assessment of this course plays an indispensable role in shaping education at Georgia State. Upon completing the course, please take time to fill out the online course evaluation.

EVALUATION CRITERIA

GRADING POLICY:
First Midterm Second Midterm Cumulative Final Participation Points Total Points 300 300 300 100 1,000

Grading is based on A+ 975 1,000 points (of all course requirements), A 925 974 points, A- 900 924 points, B+ 875 899 points, B 825- 874 points, B- 800 824 points, C+ 750 799 points, C 700 749 points, C- 650 699 points, D 550 649 points, and F fewer than 550 points. Grades are not curved regardless of scores. Computation of grades at semester end is strictly mathematical. There is no extra credit assignment to make up for not meeting the learning objectives in the assignments given.

INCOMPLETE GRADES:
We do not give incomplete grades in this course, except for cases where a student missed the final examination for an emergency, excusable reason where documentation can be provided. Students must be passing the course with a grade of C- or better to be eligible for a grade of incomplete. According to GSU policy, the grade will automatically be converted to an F if it is not removed by the end of the second academic term after the I is assigned.

EXAMINATIONS:
Both midterms are scheduled on Saturdays from 10:00 am 12:00 noon (see course schedule for specific dates), while the final exam is scheduled for Saturday, December 10th from 3:45pm-6:15pm. All students will take their exams at a downtown location. Students should adjust their calendar to allow plenty of time both before and after the Saturday exam times. Exam rooms will be posted to uLearn as available. If you have a conflict with a scheduled exam, you must email Bert Richards at brichards@gsu.edu explaining the nature of the conflict. Rescheduling will be approved on an individual basis. This would include exams administered through the Office of Disability Services and/or those students with religious, military, or GSU athletic obligations that would prevent their attendance at the Saturday exam. Conflict exams

will be given the Friday immediately before the Saturday exam (12:00-2:00 for mid-terms and 12:00-2:30 for the final). If you miss a midterm exam for an emergency purpose (very rare, documentation required), your final exam score will count for those points. Students who miss the final exam due to an emergency situation must contact the instructor as soon as possible. Documentation of an emergency is required and strictly enforced.
Please bring a scantron form 882-E (including extras as erasures are not always graded properly by the machine), a number 2 pencil(s), a simple four function calculator, and a picture ID to all exams. Remember, scantron answer-sheets rule, that is, it considered the final answer regardless of any other evidence. Do not erase; be very careful. Scantrons are NOT re-graded for mismarkings.

CLASS PARTICIPATION:
Lecture class participation points will be awarded based upon your participation using an audience response system. Students will need to purchase a response pad from the bookstore (see Required Text and Materials on page 1). Instructions for registering your response pad will be posted on uLearn and discussed in class on Wednesday, August 24th. Be ready to begin using the response pad in class on Monday, August 29th. One participation point will be awarded for answering each response pad question. Maximum points in this category are 100. Generally, most class periods will have 3 6 response pad questions. A total of 100 questions will be asked throughout the semester, but a student can miss 25 questions due to being absent or technology issues before cutting into their maximum points in this grading category (that is, a point-for-point reduction begins after missing 25 questions). For example, 75 responses equal 100 points, 65 responses equal 90 points, 55 responses equal 80 points, etc. No makeup participation points are available. PLEASE NOTE: Using another students response pad will result in losing all previous participation points for all students involved.

Course Assignments for ACCT 2102 are posted separately on uLearn.