PARKLAND COLLEGE
FINANCIAL ACCOUNTING
ACC 101(Fall 2015)
TENTATIVE SYLLABUS

Instructor: Nancy Schrumpf, CPA Office Hours:
Office: B120 MW 8-9 a.m.
Phone: 351.2576 MW11 a.m.-12:30 p.m.
Secretary/Mailbox: 351.2213, B116 or by appointment
Email: nschrumpf@parkland.edu[->0] .

Course Web Site: http://my.parkland.edu Login using your Parkland College student email account username and password. You should find a link to “Cobra Learning” on the page which will take you to your course schedule. Select this course to access course materials. You can also access the course from Cobra.parkland.edu.

COURSE COMMUNICATION: All course email will be using your CobraLearning account, so please check it regularly. I will generally check my email daily Monday through Friday.

COURSE DESCRIPTION:
Financial Accounting: (IAI BUS 904) Financial statements as related to investors, creditors and managers, includes cash, receivables, inventory, noncurrent assets, investments, liabilities and equities. F,S,Su

COURSE OBJECTIVES:
Construct, interpret and analyze the income statement, balance sheet, stockholder’s equity statement and cash flow statement for service business and merchandising business

Construct, interpret and analyze period-end adjustments (accruals and deferrals), periodic and perpetual inventory methods, receivables, cash, long-term assets, liabilities (short-term, long-term and contingent), stockholder’s equity and various financial statement ratios.

ATTENDANCE:
Prompt and regular attendance is expected. You are expected to be at class on time and to be present for the full period. If you are having trouble, do not hesitate to ask me for help or go to the free Peer Tutoring Lab.

ACADEMIC HONESTY
Cheating includes copying assignments from the internet or other student’s assignments (from this or previous semesters),