Survey of Accounting Syllabus
Schedule
- Week 01: Introduction to ACCTG 180
- Week 02: Introduction to Accounting
- Week 03: Understanding the Accounting Cycle
- Week 04: Accounting for Merchandising Business
- Week 05: Accounting for Long-Term Assets
- Week 06: Accounting for Liabilities
- Week 07: Types of Ownership
- Week 08: Financial Aid Statement Analysis
- Week 09: Monopoly Project/Financial Review
- Week 10: Introduction to Managerial Accounting
- Week 11: Cost Behavior
- Week 12: Relevant Cost Decision Making Model
- Week 13: Planning Profit and Cost Control
- Week 14: Budget Preparation and Analysis Project
Course Description
Outcomes
- Explain and demonstrate financial accounting principles
- Explain and demonstrate managerial accounting principles
- Create and analyze basic accounting statements
- Analyze and use various management applications
Description
This course is an introduction to financial and managerial accounting principles with exposure to basic accounting statements, processes, and management applications.
**Late Work is NOT Accepted
Important Reminders
- All exams are open-book and non-comprehensive.
Learning Model Architecture
This course is designed according to the BYU-Idaho Learning Model. Students will prepare for each lesson by reading the assigned material. They will teach one another and ponder and prove what they have learned through weekly group discussion activities. The homework assignments will be administered through an online service called McGraw-Hill Connect and are due at the end of the week each week. You will not be submitting any homework problems on I-Learn. The weekly group discussion activity will be completed in I-Learn on the group discussion boards. Students will read the week's discussion topics and follow the instructions for engaging in discussions with group members on the discussion board. They will also prove what they have learned through reading quizzes in I-Learn and exams through McGraw-Hill Connect.
Prerequisites
None
Required Materials
The textbook is Survey of Accounting, 4th Edition, by Edmonds, McNair, Olds, and Tsay, Published by McGraw-Hill (2014). Your digtal textbook is delivered through VitalSource and is accessible the first day of the term. Your student financial account will be charged automatically on the first day of class. The purchase includes the digtal textbook and McGraw-Hill Connect access. The University Store ISBN for this package is 9781264095223.
- You can choose to purchase a copy of the physical text if you prefer to study with a book. However, McGraw-Hill Connect access will still be required for the course. Therefore, purchasing a used book is only a viable option if you want BOTH a hard copy and access to an ebook and are willing to pay for both.
- Compare Prices for your textbooks through the University Store Comparison site. They will show you all of the options from the University Store plus several online options to help you find the best price.
- Access to a Monopoly board game for the activity in Week 09. (You may borrow the game from a neighbor, family member, friend, or other acquaintance. Some local libraries have board games you can check out.)
- International students: If Monopoly is not available in your location, contact your instructor for assistance.
Grading Policies
Your grade in this course is calculated based on total points earned divided by the total points possible, resulting in a percentage which corresponds to the letter grade (refer to the table below). The following category percentages are figures to help you understand the impact of each type of assignment in your overall semester grade.
| Examinations | 54% |
| Quizzes | 10% |
| Homework | 15% |
| Discussion Board Activities | 18% |
| Group Participation | 3% |
Grading
| Letter Grade | Percentage Range |
|---|---|
| A | 100%–93% |
| A- | 92%–90% |
| B+ | 89%–87% |
| B | 86%–83% |
| B- | 82%–80% |
| C+ | 79%–77% |
| C | 76%–73% |
| C- | 72%–70% |
| D+ | 69%–67% |
| D | 66%–63% |
| D- | 62% – 60% |
| F | 59%–00% |
Exams
Format
During this course, you will be tested on the materials covered in this class by taking four exams plus the final, for a total of five exams. As noted above, exams represent 54% of your final grade.
All exams are taken in the McGraw-Hill Connect online portal. The format of each exam consists of a series of multiple-choice questions. Some questions will ask about the theory, rules, and principles of accounting. The rest of the questions will have to be solved using calculations.
All exams are open book; you may use either the electronic or hardcopy version of the textbook. There is no time limit on the exams, and you can save and resume the exams if you have to stop. However, you can only submit the exams once.
Material Covered on Each Exam
Each exam will have specific start dates and end dates so please plan your schedule accordingly. You will have a whole week to take the final exam.
- Exam #1 covers the materials from Weeks 2–3.
- Exam #2 covers the materials from Weeks 4–5.
- Exam #3 covers the materials from Weeks 6–8.
- Exam #4 covers the materials from Weeks 10–11.
- Final Exam covers the materials from Weeks 12–13.
Monopoly Assignment or Alternative Assignment
In the second half of the semester, you will take a step back from your regular routine and spend one week applying your knowledge to a scenario that happens every time someone decides to take a risk and start a new business. You will research the requirements for starting a business where you live, and you will see a series of transactions that a typical business faces as it begins its operations. Based on that information, you will record all the transactions in your first set of books, and prepare financial statements.
If you have access to a Monopoly board game, you will complete the Monopoly assignment. If you do not have access to this game, you will complete an alternative assignment.
Final Project
During the final week of the course, you will complete a final project in McGraw-Hill Connect. The format of the project will be similar to the format used in your weekly homework. You will be given a set of scenarios and transactions, and you will be required to prepare various reports and financial statements based on that information. As you do so, you will apply all the knowledge you gained during the semester.
The difference between the final project and your regular homework is that the project will draw upon materials from the whole course rather than focus on the most recent material covered in the textbook. Most students find this project to be quite useful as a review of the material and for retaining knowledge from the course.
University Policies
Student Honor
Student Honor is following the path of discipleship and learning to be more like Christ—learning to think, to feel, and to act more as He does. Living a life of honor:
- Begins as we learn and live the baseline standards of the Honor Code, understand their purposes, and are true to the promises we have made.
- Continues as we heed the promptings of the Spirit to raise our personal bar of righteousness and foster a spirit of integrity, sacrifice, consecration, love, service, and willing obedience as students and throughout our lives.
- Prepares our hearts for devoted discipleship in the family, church, work, and community.
Honor Code | Academic Honesty | Dress and Grooming Standards
Students with Disabilities
BYU-Idaho is committed to providing a working and learning atmosphere which reasonably accommodates qualified persons with disabilities. If you have any disability which may impair your ability to complete this course successfully, please contact Disability Services at 208.496.9210 (208.496.5210 fax). Reasonable academic accommodations are reviewed for all students who have qualified documented disabilities. Services are coordinated with the student and instructor by this office. If you need assistance or feel you have been unlawfully discriminated against on the basis of disability, you may seek resolution through established policy and procedures.
Sexual Harassment
Title IX of the Education Amendments of 1972 prohibits sex discrimination against any participant in an educational program which receives federal funds, including federal loans and grants. Title IX also covers student-to-student sexual harassment. If you encounter unlawful sexual harassment or gender-based discrimination, please contact Nick Rammell at 208.496.9200.