BUS 201 - Principles of Accounting I - Bob Maxwell
|Course:||Principles of Accounting I|
Hello, I am Bob Maxwell, the instructor for this class. In this class, you will learn the building blocks of recording the many business transactions that companies have each day and summarizing those transactions into financial statements that can be used to evaluate the company’s financial resources and operations. In the second accounting course BUS 202, you will learn how to analyze those financial statements using a variety of management tools. But first you will need to master the basics in this course to be successful in the next course.
BUS 201 presents the study of accounting as an information system, examining why it is important and how it is used by managers, investors, creditors, and others to make decisions. Covers the fundamental principles, theory and applications to record business transactions through the accounting cycle, including the application of generally accepted accounting principles, the financial statements, and statement analysis. Includes issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics. Designed for transfer majors in business disciplines.
What to Expect in this Course
This is a hybrid class that will meet remotely once per week through Zoom. Zoom sessions will be used for participation activities such as online gaming sessions and group work to review key concepts. Students are expected to participate in all weekly class sessions and points will be awarded for participation. Zoom sessions will not be used for lectures – instructor lectures have been recorded and will be available online for students to view prior to the class Zoom sessions. This class is a hybrid class and only meets for 50% of the class time of a regular 5-unit course. For the other 50% that you would normally be in class, you are expected to spend watching the prerecorded lectures outside of scheduled class time. Online office hours outside of the scheduled class sessions will also be available to ask specific questions regarding the homework or course content.
Studying accounting can be confusing. Where do you start? There are new terms, concepts and sequence steps for different activities within each chapter. Trying to study the entire chapter at one time can be overwhelming. The learning objectives build on each other, so it is important to get the concepts down early so you can understand and complete the homework.
This course is organized by chapter, with a module in Canvas corresponding to the related chapter in the textbook. We will cover about one chapter per week. Each module has been further broken down into "chunks" based upon the individual learning objectives in the chapter. Each "chunk" is for one of the learning objectives and contains the links to the related eText, additional resource materials, and homework related to the content in that learning objective. Each module will have between three and six learning objectives, or "chunks."
The modules are designed for you to start at the beginning and click "next" as you progress through the chapter. Following this sequence will allow you to:
- cover the early learning objectives first and build your knowledge for later learning objectives;
- read the course content in smaller segments that are easier to digest than the entire chapter;
- work on homework assignments directly related to the content you just read to reinforce your learning process;
- plan your study time around smaller time blocks that can be spread out over the week.
Following the sequence in the modules will allow you build your knowledge sequentially and assess how you are doing before moving on to the next learning objective "chunk." You are still free to create your own study plan and are not required to follow this sequence, but I think for many of you this approach will help you use your study time more effectively.
Types of Assessments
All assignments – participation, homework and exams – will be completed and submitted online. Students will be assessed through:
- weekly online class meetings using Zoom that will include participation assignments,
- weekly online homework assignments that include multiple choice questions and problems, and
- online exams that will each cover several textbook chapters and include multiple choice questions and problems.
Textbook Information / Link to ZTC Textbook
Financial & Managerial Accounting with WileyPLUS 3rd edition by Weygandt, Kimmel, and Kieso
Loose-leaf edition with eBook and WileyPLUS with access code available through COC Bookstore ISBN 9781119491927.
What you Need to Know about Required Course Materials
We will be using WileyPLUS from the publisher for many of the online resources and homework, so a WileyPLUS access code is required. If you purchase the textbook from the COC bookstore, the WileyPLUS access code should be included in your textbook packet. If you purchase the textbook elsewhere without the WileyPLUS access code, you will need to also purchase the access code online directly from the textbook publisher.
Other Relevant Course Information
Dates & Times of Required Meetings: 8/23/2021-12/11/2021 Wednesdays 8:00am-10:20am
Tools Used to Meet: Zoom software, computer within camera, internet access
How Do I Get Started in the Course?
- The class will be available on COC’s Canvas course management system by the first day of the semester;
- Show up for the first scheduled online class Zoom session as listed in the COC class schedule (Zoom link will be available as Canvas announcement);
- Complete the Course Orientation Module in Canvas by the due date provided at the first class session.
This course can be accessed on the first day of class via Canvas at https://coc.instructure.com. Log into Canvas using your CanyonsID single sign-on:
- CanyonsID Username is your COC student email address (Ex: email@example.com)
- CanyonsID Password is your COC student email password
Please visit the Get to Know Your Online Classroom page for help logging into Canvas and for tips on using Canvas and Zoom. Canvas Chat Support is also available 24/7 for any Canvas related issues.
Check out the Online Education website for more information on a variety of topics that can help you be a successful online student such as: exam proctoring, learning styles, computer skills, and tips for student success. If this is your first online course, feel free to take our online learning readiness assessment to assess your skills.
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The TLC provides FREE online tutoring resources to COC students!
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Veterans Resource Center
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Last updated: 05/25/2021 Sub#: 41