Monroe Community College Course Information Sheet

Course Title: ACC210 INTERMEDIATE ACCOUNTING I

Semester: Spring 2017

Instructor:

E-mail address:

Office:

Office phone:

Office hours:

Course description: A more analytical treatment of accounting theory and practice,

with a review and amplification of basic procedures. Topics

include cash, receivables, inventories, plant assets, intangible

assets, current and contingent liabilities, long-term debt and

financial statement presentation and disclosure. 4 class hours.

Course prerequisite: ACC102 with a grade of C or higher.

Course learning

outcomes:

1. Analyze accounting transactions for application of generally

accepted accounting principles

2. Prepare complete financial statements with understanding of

appropriate presentation.

Required materials:

1. Intermediate Accounting package 15th edition

Kieso/Weygandt/Warfield-publisher John Wiley-ISBN#:

9781118147276 (Volume I chapters 1-14).

2. Supplies-pencils, erasers, calculator (non-programmable)

Attendance policy: ATTENDANCE IS MANDATORY. I expect you to attend each class

and to be punctual. You should miss a class only if absolutely

necessary. Any more than 2 absences may result in a withdrawal from

the course. These 2 absences are for ANY and ALL reasons. Do NOT

expect to take 2 illegitimate absences and then come in and ask for

consideration because you are forced to miss a 3rd time due to a

legitimate reason (illness, death in family, etc.). Obviously then you

should be careful about missing class because even if you have a

legitimate reason late in the semester, but you already have missed 2

classes, you will be dropped (withdrawn) from the course.

IF ABSENT, YOU ARE TO BE PREPARED FOR THE NEXT CLASS

MEETING (i.e. to obtain assignments from Blackboard or classmates).

Withdrawal policy: If you are considering withdrawing from this class, please consult

with a financial aid advisor before you withdraw.

Last day to withdraw from an individual course with a grade of

“W” – April 28, 2017 in-person or April 29, 2017 on-line.

College policies: Please read the current MCC Catalog & Student Handbook for further

information on regulations and policies regarding civility and honor

code, attendance, withdrawal, and academic honesty.

Examination and

makeup policy:

There will be 3-4 exams and a final. You are expected to take the

exams when they are scheduled.

Academic Honesty during exams: anyone caught cheating during

an exam will be subject to the college’s disciplinary process. Cells

phones can NOT be used during an exam for ANY reason. If you

are caught using a cell phone during an exam, at a minimum you

will receive a zero for that exam.

Grading policy: Your final grade will be based on the following:

Exam 1 10%

Exams 2-4 85%

Other 5%

Total 100%

Final letter grade will be determined as follows:

4.0 = A = 90-100% 2.0 = C = 72-74.9%

3.7 = A- = 87-89.9% 1.7 = C- = 69-71.9%

3.3 = B+ = 84-86.9% 1.3 = D+= 66-68.9%

3.0 = B = 80-83.9% 1.0 = D = 63-65.9%

2.7 = B- = 77-79.9% .7 = D- = 60-62.9%

2.3 = C+ = 75-76.9% -0- = F = 59.9% and below

Classroom policies:

1. To get the maximum benefit of class lecture, I expect you to

plan your activities so that you will arrive to class on time and will

not have to leave early.

2. All phones must be on silent during class time and OFF THE

DESK. Do not text during class. You will be asked to

permanently leave the class if the phone or your conduct causes a

disturbance.

3. Please do not leave class unless it’s absolutely necessary.

4. Neither audio nor video recordings of the instructor or this class

can be made without the explicit prior written permission of the

instructor.

Textbook website:

www.wiley.com/college/kieso

Select “Student Companion Site” for access to an extensive

collection of learning resources.

Blackboard website:

http://mcc.sln.suny.edu or

1. Go to MCC homepage www.monroecc.edu

2. Click on A-Z index, then click on “B”

3. Scroll down to: Blackboard login

Other Learning

Centers:

MCC has a number of Learning Centers at Brighton (for example,

Accounting, Math, Nursing, Psychology, Writing, the Electronic

Learning Center, etc.) and at Damon (the Integrated Learning

Center). Learning Centers are staffed with instructional personnel

and may be equipped with computers to assist students. It is

recommended that students use these Learning Centers to get

additional assistance with concepts learned in the classroom.

Please refer to your MCC student email to review your referral

and objectives for your use of the Learning Center(s).

Services for Students

with Disabilities

Please visit the office of Services for Students With Disabilities in

room 1-231 or go to www.monroecc.edu/depts/ssd for a complete

list of services and procedures for obtaining them.

Class cancellations:

Class cancellation information is available daily on the web or

through the telephone. Simply go to the MCC website

(www.monroecc.edu) and under the "Quick Links" window on the

homepage, click on "Class Cancellations". Additionally, class

cancellation information is available by dialing 292-2066, press

"1" for the Brighton Campus and "2" for the Damon Campus. If

possible, please use the web as there could be delays in the voice

recordings based on the number of cancellations.

Emergency closings:

If the College is closed due to inclement weather or some other

emergency, all Rochester area radio and television stations will be

notified no later than 5:30 a.m. In addition, the homepage on the MCC

website (www.monroecc.edu) will display a message indicating the

College is closed. Please do not call the College to avoid overloading

the telephone lines.

In the event of an emergency, such as a campus evacuation or closure,

severe weather alert, fire in a building, hazardous material incident, etc.,

where time-sensitive, proactive actions need to be communicated, the

SUNY NY-Alert system will be utilized to provide immediate

notification to all MCC students and employees who have opted to

receive such alerts. Those who sign up for SUNY NY-Alert can choose

to receive emergency messages via a variety of communication

technologies, such as e-mail (college and/or personal accounts), and

audio and/or text message to a campus, home or cell phone, fax, etc. For

more information on SUNY NY-Alert, including how to sign up, please

visit http://www.monroecc.edu/depts/pstd/NYAlert.htm

Student

responsibilities:

1. To read text assignments BEFORE the scheduled classes.

2. IF ABSENT BE PREPARED FOR THE NEXT CLASS

MEETING.

3. Specific homework problems are assigned at the end of each

class and are due the following class period. You are expected to

have homework completed for the class and be prepared to ask

and answer questions regarding it. FAILURE TO COMPLETE

HOMEWORK ON A TIMELY BASIS WILL ADVERSELY

AFFECT YOUR PERFORMANCE ON THE EXAMS.

Notice of Non-

Discrimination

Monroe Community College prohibits discrimination based on race,

color, religion, sex, sexual orientation, pregnancy, familial status, gender

identity or expression, age, genetic information, national or ethnic

origin, physical or mental disability, marital status, veteran status,

domestic violence victim status, socioeconomic status, criminal

conviction, or any other characteristic or status protected by state or

federal laws or College policy in admissions, employment, and treatment

of students and employees, or in any aspect of the business of the

College.

Inquiries regarding the application of Title IX and other laws,

regulations and policies prohibiting discrimination may be directed to

Kristin Lowe, Esq., Title IX Coordinator, (585) 292-2108 or

klowe5@monroecc.edu OR Melissa Fingar, Esq., Assistant Title IX

Coordinator, (585) 292-2117 or mfingar@monroecc.edu.

COURSE OUTLINE – ACC210

Chapter Topic

1 Financial Accounting and Accounting Standards

2 Conceptual Framework For Financial Accounting

3 The Accounting Information System

4 Income Statement and Related Information

5 Balance Sheet and Statement of Cash Flows

6 Accounting and the Time Value of Money/Bond Accounting

7 Cash and Receivables

8 Valuation of Inventories: A Cost-Basis Approach

9 Inventories: Additional issues

10 Acquisition and Disposition of Property, Plant, and Equipment

11 Depreciation, Impairments, and Depletion

12 Intangible Assets

NOTE: This course outline is subject to change.