|Course Number:||ACCTING 2010|
|Course Name:||Financial Accounting (Online)|
|Course Description:||Introduction to accounting concepts and procedures including the accounting cycle, assets, liabilities, and financial statements. Develops the ability to use accounting information for decision making.|
|Format:||Online (This course is also offered in print.)|
Bachelor of Science in Business Administration
Bachelor of Science in Criminal Justice
The information below is representative of the course and is subject to change. The specific details of the course will be available in the Desire2Learn course instance for the course in which a student registers.
- Understand how financial accounting information is used to help make decisions.
- Describe the content and purpose of each of the financial statements, and discuss the users and uses of financial information.
- Understand and use the basic accounting equation, and the rules of debit and credit.
- Understand generally accepted accounting principles.
- Use ratios and other tools to analyze companies.
- Use the accounting information system, including preparing journal entries, adjusting entries, and closing entries.
- Account for assets and current liabilities.
- Apply the basic assumptions and principles of financial accounting.
- Understand the importance of cash flow to a business and prepare a statement of cash flows.
- Unit 1: Introduction to Financial Accounting
- Unit 2: Merchandising Operations and Inventory
- Unit 3: Cash, Receivables, and Long-Lived Assets
- Unit 4: Equity and Cash Flows
The breakdown of points is as follows:
|Exams* (2 @ 150 pts. each)||300 points|
|Final Project||20 points|
|Class Discussions||60 points|
|Group Collaborations (3 @ 15 pts. each)||60 points|
|Written Assignments (12 @ 10 pts. each)||60 points|
|Quizzes (4 @ 25 pts. each)||100 points|
*This course has proctored exams. If you do not have a proctor on file with the Distance Learning Center, you must submit a proctor nomination form at the time you register for this course. For proctor information visit our website.
|A||91% - 100%|
|A-||89% - 90%|
|B+||87% - 88%|
|B||81% - 86%|
|B-||79% - 80%|
|C+||77% - 78%|
|C||71% - 76%|
|C-||69% - 70%|
|D+||67% - 68%|
|D||60% - 66%|
|F||0% - 59%|