BUS 201 - Principal Of Accounting I Fall-2024 - Talar Hanounek
| Course: | Principal Of Accounting I Fall-2024 |
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| Professor: | Talar Hanounek |
| Email: | talar.hanounek@canyons.edu |
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| Course Length: |
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Introduction
My name is Talar Hanounek. I have a master’s degree in professional accountancy. I have taught this course for many years in different colleges. This course is a hybrid eight-week course; therefore, it would be a bit challenging and requires a full commitment from students, but at the end is it is rewarding. We will meet two days a week, Monday and Wednesday from 7:00 pm to 9:25 pm.
Some of you might ask: "Why would I want to study accounting? Chances are, I'm not going to be an accountant so why should I waste my time? "
First, it's important to understand that accounting is a language used to communicate where a company stands and how it is doing. This communication is relevant to many different groups of people inside and outside of the organization, including employees, managers, owners, investors, and creditors to name a few.
Accounting information possesses a very important attribute: decision usefulness. If you think about it, all the groups mentioned above make numerous decisions every day. Why is that? Because at any given point in time, resources are constrained.
Course Description
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 of accounting 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 course is a hybrid eight-week course; therefore, it would be a bit challenging and requires a full commitment from students, but at the end is it is rewarding. We will meet two days a week, Monday and Wednesday from 7:00 pm to 9:25 pm.
Canvas is the Learning Management System. Students will work on the learning objectives within the provided deadlines. Each week, we will cover one (1) chapter or one (1) exam in the class. The course is designed in such a way that all students need to cover and are responsible for, posted on the Module section of Canvas. From the Home Page, students can choose their Chapter (Module). Students should begin from the top by reviewing posted PowerPoint presentations for the subject related to the chapter that we covered at the class the same week. Then, if they needed or wanted to acquire additional information, they could go over different Learning Objective explanations. All related links and activities are posted as part of the Module. Once we cover the chapter in class, students can start working on related chapter homework assignments which are posted on canvas.
Finally, students must register with Wiley Plus via Canvas and establish an account in order to be able to complete homework assignments and Quiz activities. The very first-time students click on a Homework and or Quiz link, they will be asked to register with Wiley PLUS. Students should use their accompanying Access Code for this registration.
Types of Assessments
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Homework/ Assignments:
Homework assignments count collectively for 150 points of the possible points for the course (15% of the final course grade). Students must complete all homework before taking the quiz and/or exam over the material. No homework will be accepted after the final due date listed. Completion and comprehension of the homework are critical for success in this course. Homework problems are to be completed via Canvas in the WileyPlus, the textbook publisher's site. Students will receive automatic feedback and will be able to correct answers and resubmit homework as needed in order to master the material. Take the opportunity to learn from the feedback. This will increase your comprehension of the course and will prepare you for the exams.
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Quizzes:
Quizzes are part of our knowledge implementation. Students need to complete a quiz weekly which include multiple choice questions. All quizzes are online protected. Students must complete the quiz over the material on the due dates posted in the modules on Canvas.
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Exams:
There will be in total four exams during this course. Exams will be taken in person during the class time. They will be primarily problem-oriented, and may include objective and or subjective questions. Every effort should be made to avoid missing an exam, as there are NO MAKE-UPS. If an exam is missed, it will be given a score of 0. Under an extenuating circumstance and its support, with appropriate documentation, an opportunity for a make-up exam might be granted.
Course Schedule: This schedule is subject to change without notice.
Week of Chapter T o p i c
08-19 Introduction
08-19 1 Accounting in Action
08-21 2 The Recording Process
08-26 3 Adjusting the Accounts
08-28 4 Completing the Accounting Cycle
09-04 Exam 1 Covers Chapters 1 & 2; Due 09/02
09-09 5 Accounting for Merchandising Operations
09-11 6 Inventories
09/16 7 Fraud, Internal Control, and Cash
09/18 Exam 2 Covers Chapters 5, 6 & 7; Due 09/18
09-23 8 Accounting for Receivables
09-25 9 Plant Assets, Natural Resources, and Intangible Assets
09-30 Exam 3 Covers Chapters 8 & 9; Due 09/30
10-02 10 Liabilities
10-07 11 Corporations: Organization, Stock Transactions, Dividends, & Retained Earnings
10-09 Exam 5 Covers Chapters 10 & 11. Due: 10/12 ; LAST DAY OF CLASS!
Textbook Information
Text: Financial & Managerial Accounting, 4th Edition
Authors: Weygandt, Kimmel, & Kieso (COC Package)
Other Relevant Course Information
Important Dates:
Refund Deadline: September 1, 2024
Last day to Add: September 1,202
Last day to drop without a "W”: September 1,2024
Last day to drop the class (with "W"): November 19,2024
Holiday: September 2, 2024 Labor Day
Usability, Diversity, Disability, and Design Statement:
I am committed to creating a course that is inclusive in its design. If you encounter barriers, please let me know immediately so that we can determine if there is a design adjustment that can be made or if an accommodation might be needed to overcome the limitations of the design. I am always happy to consider creative solutions as long as they do not compromise the intent of the assessment or learning activities. You are also welcome to contact the disability service office to begin this conversation or to establish accommodations for this or other courses. I welcome feedback that will assist me in improving the usability and experience for all students. The COC assures equal access to instruction through collaboration between students, instructors, and the Academic Accommodation Center (ACC). Please contact ACC via phone at (661)362-3341. For more information, please consult https://www.canyons.edu/studentservices/aac/index.php.
Management of Stress and Mental Health:
Often, the pressure on our students is very strong, involving academic commitments, relationships, jobs, and family pressure, to name a few. The staff and faculty of College of the Canyons are here to see you succeed academically and care about your emotional and physical health. You can learn more about the broad range of confidential student services, including counseling and mental health services available on campus by visiting the Student Health & Wellness Center in the Student Services Building (across from the bookstore) or by clicking on http://www.canyons.edu/offices/Health/Pages/default.aspx . The phone number is 661-362-3259. Also, the National Suicide Hotline number is 1-800-273-8255. All students at COC are encouraged to enter that phone number in their cells. You can it call when you, or someone you know, is having thoughts of suicide or is in severe distress.
Learner Responsibility:
I expect all class participants (you and I) to bring the following to every class:
- Preparation – We are responsible for preparing diligently for each class by reading the applicable portions of the textbook and completing the class assignments as indicated in the tentative course calendar. You do not have to be correct, but you should attempt every homework exercise and or problem to the best of your ability.
- Attitude – We are responsible for bringing a positive learning attitude to each class. A positive attitude helps create a vibrant learning environment.
Classroom Etiquette:
- All students are expected to be on time and remain the full class period.
- Adult behavior is expected.
- All students have the right to ask questions.
- All members of the class are to be shown respect and courtesy at all times.
Additional Resources
Canvas
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: username@my.canyons.edu)
- 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.
Online Education
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.
The Learning Center (TLC)
The TLC provides FREE online tutoring resources to COC students!
Academic Accommodation Center (AAC)
College of the Canyons AAC provides educational services and access for eligible students with documented disabilities who intend to pursue coursework at COC. A variety of programs and services are available which afford eligible students with disabilities the opportunity to participate fully in all aspects of the college programs and activities through appropriate and reasonable accommodations. For more information on their services visit the Academic Accomodation Center website.
Online Counseling
The Counseling Department offers appointments online. You can schedule an appointment by visiting the Online Counseling website. Counselors can help you map out a plan to reach your educational goals as well as advise you on course selection and registration.
Management of Stress and Mental Health
Often the pressure on our students is very strong, involving academic commitments, relationships, outside jobs and family pressure to name a few. The staff and faculty of College of the Canyons are here to see you succeed academically and care about your emotional and physical health. You can learn more about the broad range of confidential student services, including counseling and mental health services available on campus by visiting the Student Health & Wellness Center in the Student Services Building (across from the bookstore). The phone number is 661-362-3259 that you can call 24/7. You can also e mail for an appointment at StudentHealthCenter@canyons.edu. At the Canyon Country Campus the Health Center will be in the new Student Services Building.
Also, the National Suicide & Crisis Lifeline number is now 988. All students at COC are encouraged to enter that phone number in their cells. You can call it when you, or someone you know, is having thoughts of suicide or is in severe distress.
You can also now use the Crisis Text Line: Just text "Courage" to 741741. Someone will get back to you immediately. Its free, 24/7, and confidential.
Veterans Resource Center
The College of the Canyons Veterans Resource Center is a department within the Student Services Division at the college, created to help veterans and veteran dependents with applying to College of the Canyons, enrolling in classes, and requesting VA Education or Vocational Benefits. For more information please visit the Veterans Resource Center website, email veterans@canyons.edu or phone (661) 362-3469.
Library
The Library provides live online and in-person research help, access to a full range of e-resources and physical materials that support the curriculum, individual and group study areas, and much more!
Last updated: 07/07/2024 Sub#: 1776