ACC 201 Principles of Accounting I.pdf - Saint Leo...

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1 Saint Leo University Donald R. Tapia School of Business PRINCIPLES OF ACCOUNTING I ACC 201 (3 credits) Prerequisites: COM 140 and MAT 141 Course Description:An introduction to the preparation and use of accounting information found in financial statements. Topics include the analysis of transactions and accounting for assets, liabilities, revenues, and expenses. This course takes a user perspective in which interpretations of financial statements for measuring performance and making business decisions are emphasized. Required Learning Resources:The textbook information which appears on our Saint Leo Bookstore ordering site is as follows:Saint Leo University. Financial and Managerial Accounting (Custom). ISBN: 9781323821718 Your custom textbook was created from the following National text(s):Hongren's Financial and Managerial Accounting: Miller-Nobles, T. L., Mattison, B., & Matsumura, E. M. (2018). Horngrens financial & managerial accounting (6th ed.). New York: Pearson. ISBN: 9780134486833 This course is a part of the Common Body of Knowledge that all business majors take. You will be tested on this course content when you take the Peregrine Comprehensive Program Assessment. You are strongly encouraged to keep all notes, access to your eBook through your Vitalsource bookshelf, and if applicable, your print upgrade, for this course to enable you to prepare adequately for the test. Learning Outcomes:1. Identify different methods of ownership and organizations of businesses. 2. Describe the accounting cycle. 3. Distinguish between different elements of the financial statements. 4. Identify differences in accounting frameworks. 5. Demonstrate application of accounting frameworks in preparation of financial statements and transactions. 6. Identify current versus long-term accounts. 7. VALUES OUTCOMEDiscuss and explain the relevance of Responsible Stewardship and Integrity as it relates to accounting. Core Values: Responsible Stewardship: Our Creator blesses us with an abundance of resources. We foster a spirit of service to employ our resources for University and community development. We must be resourceful. We must optimize and apply all of the resources of our community to fulfill Saint Leo University’s mission and goals.
2 Integrity:The commitment of Saint Leo University to excellence demands that its members live its mission and deliver on its promise. The faculty, staff, and students pledge to be honest, just, and consistent in word and deed. Methods of AssessmentA: Tests (4) 60% B: Quizzes/Chapter Tests (12) 10% C: Homework (12) 15% D: Participation 5% E: Final Course Assessment 10% A. Tests: Throughout the term/semester, 4 tests will be given to test student understanding of the material. The tests will consist of multiple choice questions and short answer problems. B. Quizzes: MyAccountingLab will be used for tests in this class. There will be twelve (12) chapter tests in this class which will consist of multiple choice questions and short answer problems. Your instructor will provide specific test dates to you.

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Term
Spring
Professor
Pendarvis
Tags
Accounting, Balance Sheet, Generally Accepted Accounting Principles, Saint Leo University, Final course Assessment

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