ACG2100 Intermediate Accounting I - Fully Online

BROWARD COLLEGE

Reference # 421333

First day of class January 5, 2012

COURSE DESCRIPTION

This is an e-learning class with no on-campus meetings. This course provides an introductory study of the fundamental principles of recording, summarizing and reporting the financial activities of a business.

ONLINE ORIENTATION

All students must complete the online orientation which is available after you log into the course. Students must log in on the first day of the course. You must purchase the text book at an on campus BC bookstore prior to starting the orientation. Do not buy your book online. You must complete the orientation within five days. The due date for the orientation is January 10, 2011. If the orientation is not 100% complete by the due date you will be withdrawn from the course.

METHODS OF INSTRUCTION

This is a 3-credit hour course. Normally, a three-credit hour course would meet twice each week for a total of 3 hours per week or 48 hours per term. In this class, we will meet totally online. Various tasks must be completed to achieve the learning objectives for this course they include, but are not limited to: reading the text, viewing PowerPoint presentations, reading lecture notes, viewing illustrations, completing assignments in Word or Excel, responding to discussion questions, submitting homework utilizing an online homework manager, and taking quizzes and exams.

LEARNING OUTCOMES

Upon successful completion of this course, students should be able to:

  • List and describe the basic assumptions, principles and modifiers generally accepted in financial accounting, the objectives of financial statements and the qualitative characteristics of accounting information.
  • Prepare general journal entries, post to the ledger, complete worksheets, and journalize adjusting, closing, and reversing entries.
  • Prepare an income statement and statement of stockholders’ equity.
  • Prepare a balance sheet and a statement of cash flows.
  • Describe the time value of money for future and present value.
  • Account and report for changing prices.
  • Account for cash, short-term investments, and receivables.
  • Account for liabilities and income taxes.
  • Describe the problems of accounting and costing for inventories.
  • Determine the cost inventories using various cost flow assumptions.
  • Demonstrate an understanding of the special inventory procedures of estimating inventories and computing dollar value LIFO.
  • Account for the acquisition, use, and retirement of operational assets.
  • Describe and apply generally accepted accounting methods of periodically allocating fixed asset cost through the use of estimates.
  • Account for intangible assets and deferred charges.

COURSE REQUIREMENTS

Please make sure that you can meet the following requirements before you sign-up for this course:

  • All exams will be given at home online. Actual dates and times will be provided in your syllabus.
  • Homework assignments will be turned in online. There will be assignments that must be prepared using Microsoft Word and Excel. You should have a working knowledge of Microsoft Word and Excel.
  • All work must be completed by the posted due dates. Late submissions will not be accepted.
  • Is Online for You? Please click here to take an online readiness evaluation.
  • Please click here to confirm you have the required hardware and software.High speed internet access is preferred but not required. There will be some audio files that you will want to listen to that will require downloading.
  • Important! You must enable the pop-up feature for your browser. If you are using Netscape or Internet Explorer, you will not be able to take the quizzes unless this feature is enabled.

COURSE MATERIALS

The required text (which is sold in a custom bundle) is: Kieso, Weygandt & Warfield Itermediate Accounting (13th edition). Included with the text is the required access code to access WileyPlus the homework management software. The custom bundle is available as either a hard cover or three hole punched binder (there is no difference in the material provided).
ISBN # 987-0-470-43726-1 Hard cover or ISBN # 978-0-470-42181-9 Three hole punched binder.
To assure that you have the correct text and access code please purchase your text at a BC bookstore.

HOW TO REGISTER FOR THIS COURSE

Please register for course using myBC website . Students must pay for the course before they will be able to log into the course.

HOW TO ACCESS THE COURSE ONCE YOU ARE ENROLLED

You will be able to login on the first day of the session. Please understand that the only people who will be permitted to login are those students who have registered and paid for the course. There may be a delay of up to 24 hours from when a student registers and pays before Blackboard login is activated.

  • Obtain BC email user ID and PIN code before attempting to login to Blackboard.
  • At the BC email address site, click on "ID Lookup", then enter your Student# (or INTL Student ID#) and PIN code (2 digit birth month and 2 digit year). Write down your email ID (not the @mail.broward.edu part), which is your Blackboard User Name.
  • Your Blackboard User Name is the same as your BC email ID.
  • Your Blackboard password is the same as your BC email PIN code.
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