Full Syllabus Acc 200 Fall 2011

Full Syllabus Acc 200 Fall 2011 - 1 Acc 200- Introduction...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Acc 200- Introduction to Accounting Fall 2011 – Sections 1 and 2 Instructor Earl K. Stice Office: 520 TNRB E-mail: eks@byu.edu Office Hours: Tu and Th 10:00 a.m. – 11:00 a.m. and 2:00 p.m. – 3:00 p.m. Accounting is the system that organizations (such as businesses, families, and churches) use to monitor financial resources, generate financial information for making decisions, and produce summary reports to evaluate financial performance. Accounting reports and accounting terminology provide the vocabulary that businesses use to talk about their operations. In short, accounting is the language of business. Acc 200 provides you with an introduction to accounting. This course will expose you to all of the major topics in accounting: external financial reports, internal managerial reports, income taxes, auditing, and accounting information systems. Most of the course material will be in the areas of financial accounting (reporting financial strengths and weaknesses to parties outside the business such as investors and lenders) and managerial accounting (constructing detailed internal information, such as budgets and product costs, for use in internal decision making). Course Learning Objectives: After completing Acc 200, a student should be able to 1. Construct and interpret a balance sheet and income statement. 2. Construct and use internal accounting tools such as budgets, product cost reports, breakeven analysis, and nonroutine decision analyses. 3. Analyze transactions, record those transactions, and then use the accounting cycle to generate accounting reports. 4. Apply the financial accounting rules that exist in the following areas: revenue recognition, inventory, compensation, long-term assets, bonds, and leases. 4. Discuss accounting issues and solve accounting problems in a time-constrained group setting. 5. Intelligently discuss the ethical dimensions of a variety of accounting-related business problems. 6. Intelligently converse about the following areas: a. Earnings management b. Fraud and how to prevent fraud c. The theory and practice of income taxes d. Investing in stocks e. Personal budgeting and financial planning f. Career planning and spiritual decision making 7. Write a brief, focused memo demonstrating basic understanding of accounting and business issues.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
8. Use computer-aided learning tools and online learning resources. 9. Manage workload in a self-paced learning environment. 2
Background image of page 2
Required Text/Learning Materials Introduction to Accounting: The Language of Business, by Norm Nemrow. Business Learning Software. PURCHASED ONLINE. Acc 200 Packet . PURCHASED AT THE BYU BOOKSTORE. Note about using USED Acc 200 materials . The School of Accountancy has licensed the Software from Business Learning Software for use with Acc 200. The price that you pay when you buy the Software online is a special BYU price. This price is NOT the purchase price of the software but is instead a NONTRANSFERABLE licensing fee. This licensing fee allows you
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/28/2011 for the course ACC 200 taught by Professor Normnemrow during the Fall '09 term at BYU.

Page1 / 33

Full Syllabus Acc 200 Fall 2011 - 1 Acc 200- Introduction...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online