BA 211 - Financial Accounting
Catalog Description
BA 211 FINANCIAL ACCOUNTING (4) Accounting
information from the perspective of external users, principally investors
and creditors. Emphasis on the preparation and interpretation of financial
statements, income recognition and determination, and asset valuation.
PREREQ: MTH 111 and sophomore standing.
CLASS SCHEDULE: Summer Term, 2006. See
individual instructors pages.
Common Syllabus for all BA211 Sections
This syllabus page describes policies that apply to all sections of
BA211, Financial Accounting. Individual instructors may have additional
policies that apply only to his or her course section.
COURSE MATERIALS
REQUIRED TEXT: Financial Accounting, Harrison & Horngren, 6rd Edition
LEARNING OUTCOMES
- Each student
shall be able to analyze basic business transactions to determine their
effect on accounts and financial statements.
-
Each student shall have a basic understanding of the accounting cycle
and be able to prepare simple entries for transactions and adjustments.
-
Each student shall be able to prepare a classified Balance Sheet,
classified Income Statement and Statement of Changes in Retained
Earnings from a trial balance for relatively simple situations.
-
Each student shall be able to prepare a simple Cash Flow Statement from
appropriate information for relatively simple situations.
- Each student
shall have a basic understanding the principles of internal control and
be able to apply them to relatively straight forward situations.
- Each student
shall have a basic understanding of the issues relating to inventory,
accounts receivable, long-lived assets, liabilities and stockholders
equity and be able to use that understanding to analyze those items.
- Each student
shall be able to evaluate the financial position of organizations
through the use of financial statements using horizontal, vertical and
ratio analysis along with a basic understanding of accounting principles
and practices.
GRADING:
There will be two
midterm exams and a comprehensive final exam.
Your grade for the course will be determined on the following basis:
| Activity |
Percent |
| Instructor
Discretion (e.g. quizzes, homework,
attendance etc.) |
20% |
| Midterms |
50% |
| Final exam |
30% |
| Total |
100% |
Calculation of Overall Grade: We intend to grade
on a scale no stricter than the following: 90% = A- ; 80% =
B- ; 70% = C- ; 60% = D-.
At your instructor's discretion, we may consider class
participation and other subjective course-related factors
when assigning grades to students whose overall score is
less than 70% and just below a grade cutoff (both conditions
must apply). If you have any questions about any aspect of
the grading, please speak with your instructor.
ACCOUNTING DEPARTMENT POLICIES REGARDING EXAMS
-
CALCULATORS No
programmable calculators, cell phones, head phones or computers may be used
during exams. Only departmental approved
calculators will be allowed. Currently,
only simple 4 function calculators and financial
calculators such as the TI BA series are approved for exam use. The bookstore sells simple 4 function
calculators for about $4.
-
NO NOTES will be allowed on exams.
-
MIDTERM EXAMS Attendance is mandatory on scheduled test dates in the
section in which you are enrolled. There
will be no "make-up" midterm exams.
If you are unable to take an exam for a legitimate reason acceptable to
the instructor, your final exam will be given additional weight proportional to
the missing exam score.
-
NO MAKE UP
OR EARLY FINAL EXAMS will be
allowed. An exam session will be scheduled following the regular
scheduled exam time for students with exam conflicts. Only students with
a valid excuse for missing the regularly-scheduled final exam are eligible to
take the make-up exam. In other cases
students will be encouraged to take the final the following term.
-
All exams (midterm and final) will be retained by the
department. Any student who fails to
turn in all or part of an exam will receive an F (zero points) on the exam.
Extra
Credit: There will be no
opportunities for extra credit in this class.
STUDENTS WITH DISABILITIES
Accommodations
are collaborative efforts between students, faculty and Services for Students
with Disabilities (SSD). Students with accommodations approved through SSD are
responsible for contacting the faculty member in charge of the course prior to
or during the first week of the term to discuss accommodations. Students who
believe they are eligible for accommodations but who have not yet obtained
approval through SSD should contact SSD immediately at 737-4098.
ACADEMIC INTEGRITY
Students are
expected to follow University [http://oregonstate.edu/admin/stucon/achon.htm] and
College policies.
FINAL EXAM
The final exam will be given during finals
week. It will consist of multiple choice questions. If you become aware of a
conflict that might cause you to miss the final exam, you should inform me
immediately. One (and only one) make-up exam will be scheduled, following the
regularly-scheduled exam. Only students with a valid excuse for missing the
regularly-scheduled final exam are eligible to take the make-up exam.
DISCRIMINATION OR HARASSMENT
-
Discrimination or harassment will not be tolerated in the classroom. Most cases
of discrimination or harassment violate Federal and State laws and University
Policies and Regulations. Intentional discrimination or harassment will be
referred to the Affirmative Action Office and dealt with in accordance with the
appropriate rules and regulations.
-
Unintentional discrimination or harassment is just as damaging to the offended
party, but it usually results from people not understanding the impact of their
remarks or actions on others, or an insensitivity to the feelings of others. We
must all strive to work together to create a positive learning environment.
This means that each individual should be sensitive to the feelings of others
and tolerant of the remarks and actions of others. If you find the remarks and
actions of another individual offensive, please bring it to their attention. If
you believe those remarks and actions constitute intentional discrimination or
harassment, please bring it to your instructor's attention.
|
