Accounting 231 Principles of Accounting ITexas Southern University

FALL 2016

Instructor: Ronnie R. Alexander, MBA, CPA, CIA Office: JHJ 356Phone: (713) 313-7505 (Office); (832) 638-2757 (Cell) E-mail: alexanderrr@TSU.EDUOffice Hours: MWF 10:00-10:50AM; 12:00-1:00PM (by appointment)

Class Meeting Information Class: Accounting 231-03 MWF 11:00-11:50AM Room: JHJ 205 Final Exam: TBA

Required Text: Corporate Financial Accounting,13e, Warren, Reeve and Duchac, published by SOUTH-WESTERN CENGAGE Learning (ISBN 978-1-285-86878-3)

Course Description and Goals: This course focuses on the accounting cycle, transaction analysis, and the preparation and interpretation of financial statements. Students will gain an understanding of how the business community uses financial information. Upon completion of this course, students should be able to analyze the impact of economic events and prepare financial statements.

Examinations (1, 2 and 3)Tests will be kept on file in my office.  Students may review their exams in my office during the one week period following the exam but no student is allowed to keep or copy any portion of an exam.  Taking an exam from my office or copying any portion of an exam will result in an F in the course. YOU MAY NOT USE THE CALCULATOR ON YOUR CELL PHONE FOR ANY EXAM.                                                                  Students are responsible for all textbook material covered, assigned outside readings, and material discussed in class, unless specifically excluded by the instructor.  Exams will consist primarily of problems, short answer, and multiple-choice questions.   There are no makeup exams .  I do not DROP any exam.  However, your lowest exam score changes to your second lowest exam score during the semester.  (This does not include the final.)  In other words, your lowest exam score does NOT count and your second lowest score counts double. If you miss an exam, the zero that you receive as a score for the missed exam, will become the LOWEST score received on the other two exams. 

Final examination The Department of Accounting and Finance may administer a comprehensive final exam. The final exam date will be announced. THERE IS NO MAKEUP FINAL EXAM!!

Quizzes I will substitute your lowest quiz grade for the second lowest. To receive credit for a quiz, you must stay in class for the entire period. There will be NO make-ups given for missed quizzes.

Homework Homework is not designed to be punitive; rather, it is necessary to reinforce concepts from class lecture and the text. Students are expected to complete the chapter assignments listed on the syllabus using CengageNow by the due date listed. Once the homework due date has passed, it will not be opened again.

GradingSummary of grading components and grade scale:

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Exam 1 15%Exam 2 15%Exam 3 15%Comprehensive Final Exam 30%Quizzes 15%Homework/participation 10%

Total 100%

Texas Southern University Grading System:

PercentageGrade

Grade Points Per Credit Hour

93-100 A 4.0090-92 A- 3.6788-89 B+ 3.3383-87 B 3.0080-82 B- 2.6778-79 C+ 2.3373-77 C 2.0070-72 C- 1.6768-69 D+ 1.3363-67 D 1.0060-62 D- 0.6700-59 F 0.00

Attendance PolicyStudents are expected to comply with the University's attendance policy. See: http://em.tsu.edu/registrar/faculty.htm

Cell Phone PolicyPlease turn off all cell phones in the classroom.  ABSOLUTELY NO CELL PHONES ARE ALLOWED TO RING IN CLASS!!!!   Cell phones MAY NOT be used as calculators on the exams!!!!!!!

Participation and Professional Classroom ConductThe classroom is a special environment in which students and faculty come together to promote learning and growth. It is essential to this learning environment that respect for the rights of others seeking to learn, respect for the professionalism of the instructor, and the general goals of academic freedom are maintained. Differences of viewpoint or concerns should be expressed in terms which are supportive of the learning process, creating an environment in which students and faculty may learn to reason with clarity and compassion, to share of themselves without losing their identities, and to develop an understanding of the community in which they live. Student conduct which disrupts the learning process shall not be tolerated and may lead to disciplinary action and/or removal from class. Your participation together with the homework will be 10% of the course grade.

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ACADEMIC DISHONESTYProcedures for Handling Charges of Alleged Academic Dishonesty Instructor will meet with the student within 14 days of the alleged incident. Faculty-Student Conference: The instructor shall present the student with the charge and the

evidence (where appropriate). If academic misconduct occurred, the appropriate sanction will be applied.

Departmental Hearing: If no settlement is reached, the student may seek a departmental hearing by informing the Department Chair no later than 7 days after the faculty-student conference.

Faculty Committee Hearing: If the student or faculty member disagrees with the Chair's decision, either party may appeal to Faculty Committee within 7 days after the Departmental Hearing. The burden of responsibility is upon the instructor to provide evidence (where appropriate).

If the alleged incident occurred at the end of the semester, the faculty member shall submit a grade of "F" or other letter grade, which will stand until the allegation has been resolved.

Examples of academic dishonesty and sanctionsVIOLATION SANCTIONS FIRST OFFENSE1. Copying answers from other students on a quiz, exam, assignment, or other testing instrument (to include group assignment “free-riders”).

F for the course.

2. Student allowing another student to cheat from his/her exam or assignment. F for the course.

3. Possessing or using material during quiz, exam or other test (e.g., notes, books, calculators, cellular phones, etc.) that is not permitted by the instructor..

F for the course.

4. Continuing to write after a quiz, exam, or other test has ended. F for the course.

5. Submission of the same assignment to more than one instructor where no previous approval has been granted. F for both courses.

6. Unauthorized collaboration on an assignment (Collusion). F for the course for both students.

7. Plagiarism of any sort F for course and possible suspension (depending on severity).

8. Taking exam paper from the room and later claiming that the instructor lost it; or, falsely claiming that the instructor lost hard/electronic copy of an assignment and seeking a grade change.

F for course and Recommendation for Semester Suspension.

9. Changing answers after an exam has been returned and seeking a change in grade.

F for course and Recommendation for Semester Suspension.

10. Using fraudulent means to obtain an exam prior to administration.

F for course and Recommendation for Semester Suspension.

11. Submission of assignments prepared by other persons, including those available online or through other media sources.

F for course and Recommendation for Semester Suspension.

12. Falsification of primary or secondary research findings.F for course and Recommendation for further disciplinary action (possible suspension or dismissal).

13. Illegally obtaining a copy of an exam or solution key prior to administration (stealing).

F for course and Recommendation for One Year Suspension.

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14. Taking an exam for another student; or, having someone else take an exam for oneself (Impersonation).

F for course and Recommendation for One Year Suspension (both students).

15. Documentary falsification (e.g., petitions and supporting materials; medical documentation).

F for course and Recommendation for One Year Suspension.

16. Plagiarism in a thesis, capstone project, portfolio, or other exit mechanism

One Year Suspension or Dismissal from the University when discovered prior to graduation; revocation of degree when discovered subsequent to graduation; grade of F for course..

17. Falsification of information in admission applications (including supporting documentation).

Revocation of admission status without opportunity to reapply.

ACADEMIC GRIEVANCESA student may seek a review of a final grade if he/she feels that The grade was not based on performance in the course or The standards used were not the same as those applied to other students or The standards used were a departure from the instructor’s stated standards. A student who feels that his/her grade is incorrect should: Confer promptly with the instructor of the course. If the instructor is unavailable, he/she shall consult with the Chair. If unable to arrive at a solution, the student may appeal to a departmental committee If the committee’s decision is not satisfactory, either party may appeal to the School’s Grievance

Committee through the Dean’s Office. The decision of School’s Grievance Committee is final. The Dean will implement the decision of the committee.

CLASS ROOM MANAGEMENT:Purchase of Texts: Students are expected to purchase texts no later than the second class period.

Use of Electronic Devices: Electronic devices are not to be used during class.

Classroom Behavior: Students are expected to Turn off cell phones and put them away Stay awake and alert Refrain from doing anything not related to the current class Refrain from talking to a classmate during a lecture

Language: Students should not use inappropriate and unacceptable language.

Classroom Arrival/Dismissal: Students taking business classes are expected to Be in their seats and ready to begin class at the scheduled time. Remain in class until dismissed by the professor. Refrain from leaving in the middle of class. Remain in the classroom during the examination period. Do not bring your children to class with you.

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Students with DisabilitiesUpon identifying themselves to the instructor and the University, students with disabilities will receive reasonable accommodation for learning and evaluation.

Social ResponsibilityChildcare for Students' Child/Children while the Parents are in Class

Texas Southern University (TSU) has a Center for the Family. Rather than leaving your child/children unattended (while you are in class) in TSU hallways, lounges, or otherwise vacant classrooms, please contact that office at X7796. TSU is eager to provide a safe learning environment for all of its students--both current and future.

ALWAYS BRING YOUR TEXTBOOK AND A CALCULATOR TO CLASS!!!!!!!Lecture Outline: NOTE: This schedule is tentative and will be modified whenever developments

indicate that a change is desirable. All changes to the syllabus will be announced on Blackboard. In addition, every effort will be made to announce changes to the syllabus in class.

Date Topic and Advanced ReadingLearning

Objectives Assignment Due:Exercises (A)/Problems (A)

Quiz

Aug 22 Introduction24 Chapter 1 An Introduction to

AccountingLO 1-5

26 Ch. 1 Cont’d Chapter 1: 1,3,4,9,20, Prob 6A

29 Ch. 1 Cont’d31 Chapter 2 Analyzing Transactions LO 1-4 Chapter 2:

2,3,4,9,12,16,17,20On Ch, 1

Sep 2 Ch. 2 Cont’d Prob 1A, 2A5 Labor Day7 Ch. 2 Cont’d9 Chapter 3 The Adjusting Process LO 1-4 Chapter 3:

1, 3, 5, 8, 9, 26On Ch. 2

12 Ch. 3 Cont’d Chapter 3: Prob 5A

14 Ch. 3 Cont’d

16 Chapter 4 Completing the Accounting Cycle

LO 1-4 Chapter 4: 1,2,3,14,16, 19,20

On Ch. 3

19 Ch. 4 Cont’d Chapter 4:Prob 1A, 4A

21 Ch. 4 cont’d23 Review for Exam 1 On Ch. 426 Review for Exam 128 Exam 1 (Chapters 1-4)

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30 Chapter 5 Accounting for Merchandising Businesses

LO 1-4 Chapter 5: 1,3,4,5,8,13,17,21,25,29

Oct 3 Ch. 5 Cont’d Prob 1A, 2A, 3A5 Ch. 5 Cont’d7 Chapter 6 Inventories LO 1-6 Chapter 6: 3,4,7,8,9, 10,11 On Ch. 5

10 Ch. 6 Cont’d Chapter 6: Prob 1A, 3A,4A12 Ch. 6 Cont’d14 Chapter 7 Sarbanes-Oxley, Internal

Control, and CashLO1-7 Chapter 7:

1,2,4,6,18,23On Ch. 6

17 Ch. 7 Cont’d Prob 1A, 3A19 Ch. 7 Cont’d21 Review for Exam 2 On Ch. 724 Review for Exam 226 Exam 2 (Chapters 5-7)28 Chapter 8 Receivables LO 1-7 Chapter 8: 3,4,5,6,9,11,12,

13,1431 Ch. 8 Cont’d Prob 1A

Date Topic and Advanced ReadingLearning

Objectives Assignment Due: Quiz2 Ch. 8 Cont’d4 Last day to drop class4 Chapter 9 Fixed Assets and

Intangible AssetsLO 1-6 Chapter 9: 1,3,5,8,12, 14,

15,18,19,20On Ch. 8

7 Ch, 9 Cont’d Prob 5A9 Ch, 9 Cont’d

11 Veteran’s Day14 Chapter 10 Current Liabilities and

PayrollLO 1-5 Chapter 10: 1,2,7,8,10,11 On Ch. 9

16 Ch. 10 Cont’d Chapter 10: 18,21; Prob 1A, 4A, 5A

18 Ch. 10 Cont’d21 Review for Exam 3 On Ch. 1023 Review for Exam 3

24-27 Thanksgiving28 Exam 3 (Chapters 8-10)30 Review for Final Exam

Dec 2 Review for Final Exam3-10 Final Exam – TBA

Suggestions for your success: 10 hints for approaching the course:1) Take notes as you read all assigned material. Highlight key terms and concepts

to refer to later. Mark the margin with "?" if you read something you cannot comprehend and ask for an explanation.

2) Note sample report formats, and formulas and keep practicing them until you understand them. Simple memorization generally does not work.

3) Review and study glossary terms at the back of each chapter.4) Bring this syllabus to class each day, and note any changes to it in writing on

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your copy.5) Pay attention to class lectures and homework reviews and TAKE NOTES!!!6) Use the study aids in Blackboard.7) Ask questions when something seems unclear to you. If it is unclear to you it is

most likely unclear to someone else also. 8) Check your e-mail and Blackboard frequently for correspondence.9) Do not allow yourself to fall behind in the reading, homework, and project

deadlines.10) Always bring your textbook and a calculator to class!

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