W8 Discussion "Reflection"

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Syllabus

BA220 Financial Accounting

Course Description

Students in this course explore basic accounting concepts and procedures and the interpretation of financial statements. The principles of accrual and deferral accounting are presented, including proper use of debits, credits, and fiscal year-end procedures. Students also examine merchandising transactions, inventory costing and valuation, cash management, and accounts receivable. The reporting of long-term assets, liabilities, and bonds are also discussed.

Course Objectives

· Understand and use the four basic financial statements

· Define and apply the accounting equation

· Explain and employ the principles of accrual and deferral accounting

· Record debits and credits, and close a fiscal year's books

· Make merchandising entries and handle inventory

· Practice cash accounting and internal control

· Account for receivables

· Understand and handle long-term assets and liabilities  

Tentative Schedule

 Week

Assignments

Week 1 "The Accounting Equation"

· Read Chapter 1 in textbook

· Review Lecture 1 "The Accounting Equation"

· Review Video Lecture 2 "Chapter 1"

· Complete Discussion "Basic Accounting Methods"

· Complete Assignment “Week 1 Problem Sets"

Week 2 “The Four Financial Statements”

· Read Chapter 2 in textbook

· Review Lecture 1 "The Four Financial Statements"

· Review Video Lecture 2 "Chapter 2"

· Complete Discussion “Grantham Landscaping"

· Complete Assignment “Week 2 Problem Sets”

Week 3 "The General Journal and Debits & Credits"

· Read Chapter 3 in textbook

· Review Lecture 1 “The General Journal and Debits & Credits"

· Review Video Lecture 2 "Chapter 3"

· Complete Discussion "Sales Returns and Allowance"

· Complete Assignment "Week 3 Problem Sets"

Week 4 "Inventory Accounting"

· Read Chapter 5 in textbook

· Review Lecture 1 "Inventory Accounting"

· Review Video Lecture 2 "Chapter 5"

· Complete Discussion “Accounting Inventory Methods”

· Complete Assignment "Week 4 Problem Sets"

· Complete Midterm

Week 5 "Cash Reconciliations"

· Read Chapter 6 in textbook

· Review Lecture 1 "Cash Reconciliations"

· Review Video Lecture 2 "Chapter 6"

· Complete Discussion "Accounts Receivables"

· Complete Assignment "Week 5 Problem Sets" 

Week 6 "Intangible Assets and Depreciation Accounting Methods"

· Read Chapters 7 and 8 in textbook

· Review Lecture 1 "Intangible Assets and Depreciation Accounting Methods"

· Review Video Lecture 2 "Chapter 7"

· Review Video Lecture 3 "Chapter 8"

· Complete Discussion “Role of the Auditor”

· Complete Assignment "Week 6 Problem Sets" 

Week 7 "Accounting for Payroll and Bonds" 

· Read Chapters 9 and 10 in textbook

· Review Lecture 1 "Accounting for Payroll and Bonds"

· Review Video Lecture 2 "Chapter 9"

· Review Video Lecture 3 "Chapter 10"

· Complete Discussion "Liabilities"

· Complete Assignment "Week 7 Problem Sets"

Week 8 "The Accounting Cycle"

· Review previous reading material, no new reading assignment this week

· Review Lecture 1 "The Accounting Cycle"

· Complete Discussion "Review and Reflect"

· Complete Final Exam

 Work must be submitted by 11:59 p.m. Eastern Time on the date due.

Syllabus

BA220 Financial Accounting

Course Description

Students in this course explore basic accounting concepts and procedures and the

interpretation of financial statements. The principles of accrual and deferral accounting

are presented, including proper use of debits, credits, and fiscal year

-

end procedure

s.

Students also examine merchandising transactions, inventory costing and valuation,

cash management, and accounts receivable. The reporting of long

-

term assets,

liabilities, and bonds are also discussed.

Course Objectives

·

Understand and use the four basic financial statements

·

Define and apply the accounting equation

·

Explain and employ the principles of accrual and deferral

accounting

·

Record debits and credits, and close a fiscal year's books

·

Make merchandising entries

and handle inventory

·

Practice cash accounting and internal control

·

Account for receivables

·

Understand and handle long

-

term assets and liabilities

Tentative Schedule

Week

Assignments

Week 1 "The Accounting

Equation"

·

Read Chapter 1 in textbook

·

Review Lecture 1 "The Accounting

Equation"

·

Review Video Lecture 2 "Chapter

1"

Syllabus

BA220 Financial Accounting

Course Description

Students in this course explore basic accounting concepts and procedures and the

interpretation of financial statements. The principles of accrual and deferral accounting

are presented, including proper use of debits, credits, and fiscal year-end procedures.

Students also examine merchandising transactions, inventory costing and valuation,

cash management, and accounts receivable. The reporting of long-term assets,

liabilities, and bonds are also discussed.

Course Objectives

 Understand and use the four basic financial statements

 Define and apply the accounting equation

 Explain and employ the principles of accrual and deferral

accounting

 Record debits and credits, and close a fiscal year's books

 Make merchandising entries and handle inventory

 Practice cash accounting and internal control

 Account for receivables

 Understand and handle long-term assets and liabilities

Tentative Schedule

Week Assignments

Week 1 "The Accounting

Equation"

 Read Chapter 1 in textbook

 Review Lecture 1 "The Accounting

Equation"

 Review Video Lecture 2 "Chapter

1"