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syllabus - ACCY 301 Lab Fall 2009 Section AY1 Monday...

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1 ACCY 301 Lab Fall 2009 Section AY1 Monday, 2:00-2:50 p.m., 141 Wohlers Hall Section AY2 Monday, 8:00-8:50 a.m., 134 Temple Hoyne Buell Instructor: Sue Thomas E-mail: [email protected] (the best way to contact me) Office Hours: Tuesday, 2:00-4:00 p.m.; Thursday, 9:00-11:00 a.m.; by appointment Office: 2046 Business Instructional Facility Lab Web Site : https://compass.illinois.edu Teaching Assistants: Alison Moss, Melissa Shields, Brian McDonald, Matthew McQuinn, Allison Kinn TA Office Hours: To be announced Required Course Materials: - Feller, Anita (author) and Sue Thomas (instructor). “The Accounting Cycle” course packet for ACCY 301 Lab -ACCY 301/302 Supplemental Course Packet -Slutsky, Joanne. Communications Packet for the ACCY 301/302 Lab Recommended Course Materials: -May, Claire B. and Gordon May. Effective Writing: A Handbook for Accountants , Eighth Edition. Course Objectives: This lab supplements ACCY 301 by providing technical knowledge and skills that are discussed and applied in the ACCY 301 lecture-discussion. In addition, the lab includes an accounting professional skills module. The technical aspects of ACCY 301 lab focus on measurement and disclosure issues related to financial statements and the accounting cycle. Upon completing this lab, you will have the ability to: (1) explain how business transactions affect accounting records and systems; (2) prepare basic financial statements; (3) calculate present value and future value amounts; (4) apply time value of money concepts to accounting transactions. The professional skills component of ACCY 301 lab is part of a broader module that occurs across all labs in the accountancy curriculum (ACCY 301, 302, 303, and 304 labs). This module focuses on four primary areas: (1) improving communication skills (written, oral, listening, and visual); (2) building teamwork, interpersonal, and self-management skills; (3) obtaining an understanding of professional responsibilities; and (4) learning more about the accounting field from both industry and public accounting professionals. In ACCY 301 Lab, we specifically focus on area (2) through courses developed by the University’s Illinois Leadership Center.
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2 Enrollment Policy: In addition to lab, students must enroll in the lecture-discussion section of the course. The course prerequisite for ACCY 301 is ACCY 202; moreover, accountancy majors must concurrently register for ACCY 302. To plan for future semesters, you may find a list of Accountancy prerequisites here: http://www.business.uiuc.edu/accountancy/courses/index.html/ .
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