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Saint Louis University
MWF 10 – 10:50am (Section 01, CK 330)
MWF 11 – 11:50am (Section 02, CK 330)
MW 3:10 – 4:25pm (Section 03, CK 240)
ACC2200 Spring 2015
Introduction- Financial Accounting
Course Syllabus
Instructor: Carolyn Westfall
E-Mail: westfall@slu.edu
Phone: 314-977-3856
Office: Cook Hall 455
Office Hours:MW 1:30–3pm and by appointment
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Course Overview
This course provides an introduction to topics in financial accounting
suitable for all business majors. Basic accounting knowledge is
essential for any business professional—not just accountants! By the
end of the semester you should be able to understand and use
accounting in your professional and personal life. You will learn some
of the basic principles and assumptions used in accounting, which will
help you understand how accounting information is generated and will
strengthen your ability to understand and use accounting information
in the future.
Course Learning Objectives
At semester’s end you should be able to:
• Analyze economic events affecting a business and describe
their impact on financial statements.
• Explain the purpose of and describe the core components of
the four basic financial statements (Balance Sheet, Income
Statement, Statement of Retained Earnings, and Statement of
Cash Flows).
• Explain the accrual basis of accounting and its implications for
reporting revenues and expenses in the income statement.
• Define and explain the implications of each of the basic
assumptions, principles, and constraints underlying financial
accounting.
• Identify and provide examples for the implementation of basic
internal control principles followed by companies to
safeguard assets and enhance the accuracy and reliability of
its accounting records.
• Compute financial ratios and interpret and use to identify a
company’s strengths and weaknesses and to forecast its future
performance.
• Transform transaction data into useful accounting information
for a corporation.
• Report and analyze receivables, inventory, long-lived assets,
short-term and long-term liabilities, and equity.
Text and Materials
1. Financial Accounting 4th
edition by Kemp and Waybright.
2. MyAccountingLab: an online
learning tool that accompanies our
textbook. Several graded assignments
will be completed via AccountingLab.
3. Blackboard Course Site: You
will be responsible for checking
the course website regularly.
Additional materials are accessible
via the course site. Class news and
other announcements will be
communicated through
Blackboard.
Dates of Interest
January 27
Last day to drop without grade.
March 31
Last day to withdraw with “W”.
May 10
Final: Section 1 : 12-1:50pm
May 12
Final: Section 3 : 2-3:50pm
May 15
Final: Section 2 : 8-9:50am
Class Meetings and Attendance Policies
Cell phones, laptops and all other electronic communication and/or recording devices are prohibited during
class. All such items must be turned off and put away. Please bring extra paper and a calculator with you to
class. We will frequently work on problems or other learning activities that require them.
In order to succeed in this course, it is ESSENTIAL that you: ATTEND class, PARTICIPATE in class, and
DO the homework when assigned—do NOT get behind in the assignments. An occasional absence due to
severe illness or other unavoidable emergency is understandable. However, repeated absences result in work
efforts that are inefficient for you and negatively affect your grade. In my experience, such absences are
generally signals that a student is unwilling and/or unable to do the work that this course requires. Experience
has demonstrated that those who keep up with and put some effort into learning the material have little
difficulty. On the other hand, those who put forth little effort and get behind are soon lost.
Arrive on time and stay for the entire session. Unless it is an emergency, do not leave and re-enter the room
during class because it is distracting to everyone. If you are late or miss a class, you are responsible for all
announcements made and material covered in that class.
I will return any graded assignments in class. If you are not present when an item is returned, you may pick it
up later at my office during office hours. Students may not pick up graded items prior to their having been
returned to the rest of the class.
Textbook/WileyPLUS
The textbook for the course is: Financial Accounting, 4th
Edition, by Kemp and Waybright. There are three
options available (i.e., hardcover, binder-ready, and electronic) and the cost varies across different options, so
you may choose the one that suits you the best.
Note: You will be required to complete and submit the assigned quizzes, pre-class assignments and homework
assignments on-line through MyAccountingLab, an online course tool linked to the textbook. In order to
receive grades for quizzes, pre-class and homework assignments, you will need access to MyAccountingLab.
A good plan of attack for learning the material is to first study the chapter reading assignment thoroughly. Then try
to work the assigned exercises and problems without looking at the chapter material. In this way you can test your
knowledge of the chapter yourself. Eventually you should be able to do the problems without the aid of the book.
THE EXAMINATIONS WILL REQUIRE YOU TO DO THIS!
Office Hours
My office hours are indicated at the top of the syllabus. If you can’t make it during posted office hours I am
happy to arrange an appointment time that is convenient for both of us. When you arrange a special
appointment I expect you to keep it or notify me in a timely manner if you cannot.
When you come to office hours for assistance with practice problems or homework problems in
MyAccountingLab, you should have already attempted the problem (and reviewed the solution on your own if
applicable) so that you can explain where you are having trouble.
Performance Evaluation
Grade Composition
Participation and Professionalism……..…………………………………………. 40
Community Service ……..……………………………………………………….. 40
In class activities, pop quizzes, etc. ……………………………………………….. 30
Quizzes…………………………………………………………………………….. 80
Pre-Assignments……………….…………………………….……………………. 70
Homework Assignments……………….…………………………………………. 90
Exams (3 @ 100 points each)……..……………………………………. 300
Final Exam………………………………………………………………………… 200
Total Points…………………………………….………………………………….. 850
Grade Conversion
Points Letter Grade Points Letter Grade
> 790 A 654 – 678 C+
764 – 789 A – 620 – 653 C
739 – 763 B+ 594 – 619 C –
705 – 738 B 509 – 593 D
679 – 704 B – < 509 F
Grade Revisions
I go to great lengths to grade fairly and objectively. Some judgment in grading is always required on my part
due to the nature of the work in this course. If you think an error has been made in computing a score, you
must bring it to my attention within one week after the assignment/exam is returned to you. Please be aware
that a request of grade revisions could lead to either upward or downward adjustments.
Tracking Performance
Points are posted in Blackboard as a courtesy to students who wish to keep track of their progress throughout
the semester. Any errors or inconsistencies between Blackboard postings and my personal grade records are
always resolved in favor of my grade records. No exceptions. Points for “Participation and Professionalism”
will not be posted in Blackboard. Points related to in-class activities, pop quizzes, etc. will be posted at the end of
the semester.
Participation and Professionalism
Your active presence, participation and demonstrated professionalism are important factors in sustaining an
engaged and supportive learning environment for yourself and others.
You should participate actively and in a professional manner: arrive on time with reading assignments and
other materials completed; listen attentively; be prepared to answer (and ask!) questions; take part in class
discussions, problem-solving exercises, and other activities constructively and with good humor. Chronic
lateness, excessive absences, unpreparedness and/or other unprofessional behavior will cost you points.
Additionally, use of your cell phone or laptop for non-class related activities will result in a point deduction
from your Participation and Professionalism points. If I notice students engaged in such activities, I will make
note of it and deduct 4 points for each instance.
During class there will be individual and group exercises, pop-quizzes, etc. These will be collected during class
and will be graded based on effort as well as accuracy. The timing and format of these assignments may vary,
and in aggregate will comprise the 30 possible points for In-class activities, pop quizzes, etc.
Community Service
Community service, a component of the Jesuit and University mission, allows you an opportunity to help the
poor and marginalized members of our community. Hopefully, community service will help you to become a
better businessperson upon graduation and also become an activity you continue beyond this semester. You
will need to perform 4 hours of approved community service activities in order to receive the maximum possible
points. Essentially, each hour of service will be worth 10 points up to a maximum of 4 hours and 40 points. For
ALL community service hours, you will need to obtain a statement on the agency’s letterhead that is signed by
an individual at the agency verifying your hours of service. I will be confirming the validity of the statements on
a random basis. A TYPED brief reflection on your community service activities, along with the verification
statement, is due ON or BEFORE May 8th
. Ten points will be deducted each day the paper is late, up to a
maximum of 40 points.
Quizzes
There are 4 graded quizzes set up in MyAccountingLab. The purpose of these assignments is to provide
feedback as to your knowledge of the material in between exams. The deadline for completion is 10am on the
date indicated in MyAccountingLab. These dates are also shown in the course calendar. It is your
responsibility to ensure that your quiz is completed by the deadline in MyAccountingLab. You have two
attempts to complete each quiz. The highest score from either attempt will be used to compute your quiz score.
Computer problems, failed Internet connections, etc. will not be accepted as excuses. No credit will be
earned for late quizzes. The MyAccountingLab online score is not the same as the number of points included
in your course grade. Your quiz scores reported from MyAccountingLab will be scaled and applied toward
your semester grade.
Homework Assignments
There are 11 homework assignments set up in MyAccountingLab. The purpose of these assignments is to
provide consistent feedback as to your mastery of the material we cover in class. The deadline for completion is
10am on the date indicated in MyAccountingLab. These dates are also on the course calendar. It is your
responsibility to ensure that your homework is completed by the deadline in MyAccountingLab. You have
unlimited attempts to complete the homework assignments and the highest score will be used. Computer
problems, failed Internet connections, etc. will not be accepted as excuses. No credit will be earned for late
homework. To allow for personal contingencies, I will drop your two lowest homework scores before
computing your final grade. The MyAccountingLab online score is not the same as the number of points
included in your course grade. Your scores reported from MyAccountingLab will be scaled to and applied
toward your semester grade.
Pre-Class Assignments
There are 9 pre-class assignments set up in MyAccountingLab. The purpose of these assignments is to
encourage you to read the text prior to attending class, and provide feedback as to your retention of the reading
material. These assignments cover material NOT YET discussed in class. The deadline for completion is 10am
on the date indicated in MyAccountingLab. These dates are also on the course calendar. It is your
responsibility to ensure that your assignments are completed by the deadline in MyAccountingLab. You have
unlimited attempts to complete the pre-class assignments and the highest score will be used. Computer
problems, failed Internet connections, etc. will not be accepted as excuses. No credit will be earned for late
assignments. To allow for personal contingencies, I will drop your two lowest pre-class assignment scores before
computing your final grade.
The MyAccountingLab online score is not the same as the number of points included in your course grade.
Your scores reported from MyAccountingLab will be scaled to and applied toward your semester grade.
Exams
General Exam Policies
• Exams in this course are closed book and closed notes.
• You must sit for exams with your own class section.
• Exam seating may be randomly assigned. It is advised to arrive at the exam location early and pay close
attention to seating instructions.
• Remember to bring your own pencils and calculators. No spare calculators or pencils will be available for
borrowing. Students may not share calculators during exams.
• Cell phone calculators and calculators with memory storage capacity are not permitted. Use of a cell phone
during an exam may be perceived as cheating and result in an earned grade of zero on the exam.
• During exams all electronic communication devices must be turned off and put away.
• Food and drink are not permitted during exams, nor may students wear caps or hats.
• Life is cumulative, and so is the final exam!
Exam Schedule
• Exams will be given in class (see course calendar). If you are late arriving to the exam, you do not receive
extra time to work on your exam.
• There will be three exams and one final exam. NO make-ups after the scheduled exam times will be given.
Medical and family emergencies are the only valid reasons that will be accepted for missing an exam. If you
experience a medical or family emergency and miss an exam, you must provide original, supporting
documentation (e.g., an original, signed note from a licensed physician and not a copy). (Please do not make
me ask you for this documentation – just automatically provide it to me as soon as you return to class.) If you are
excused from an exam, the other two exams will be re-weighted. In other words, if you miss the first exam,
the second and third exams will be proportionally re-weighted. If you do not have a valid reason for missing
an exam (i.e., any other reason than a true medical or family emergency), you will receive a zero on the
exam, which usually implies failing the course.
• The Final Exam times are listed on the first page of the syllabus and will be in our regular classroom.
• Students who request testing accommodations due to learning or other disabilities must notify me
immediately at the beginning of the semester so that appropriate arrangements can be made.
• Your decision to commit to this course includes the scheduled exams. Exam make-ups are given only in
the case of serious emergencies, and arrangements must be made with me before the exam occurs.
Requests for make-ups will be evaluated on a case-by-case basis and appropriate documentation is required.
If you are unfortunate enough to experience a life event that warrants authorization of a make-up exam:
• I will work with you to arrange another time BEFORE the scheduled exam time.
• The make-up exam may be significantly different from the original.
Reviewing Graded Exams
• Depending on the circumstances, I will either bring graded exams to class for you to review or ask you
to come to my office individually to review the exam. All exams remain on file in my office, and they will
also be available for review in my office during office hours throughout the semester. Any student who does
not return his or her exam to me immediately after reviewing it may receive zero points for the exam.
Violation of this policy is considered to be academic dishonesty and will be dealt with accordingly.
• All cell phones, laptop computers and other electronics must be turned off and put away while exams are
being reviewed, whether in the classroom or in my office. You may not take notes while reviewing the
exams. Violation of this policy is considered academic dishonesty and will be dealt with accordingly.
• Cheating, plagiarism, and any other form of academic dishonesty will not be tolerated.
Practice Problems
There are two types of practice problems in this course: supplemental homework problems and in-class exercise
problems. Solutions to suggested homework problems are set up electronically in MyAccountingLab. You
should work through those problems and practice them on your own at your discretion. This is your
opportunity to manage your individual learning process in the best way for you. Your work on practice problems
will NOT be collected or graded. In addition to suggested homework problems, there are selected in-class
exercises for some topics/chapters. The purpose of these in-class exercises is to give you an opportunity to work
through problems and ask questions to improve your understanding in class meetings.
If you are having trouble working on these problems and cannot get through without relying on the solutions,
then it is unlikely that you will do well on exams in this course. Come and see me during office hours so that
you can resolve your difficulties before you find yourself up a creek with no paddle. However, you should try
solving the problems by yourself first before coming to see me in order to make the best use of our meeting time.
Students with higher-grade aspirations will put forth greater efforts and practice additional problems. Extra
problems are also set up in MyAccountingLab so that you can practice as much as you wish.
General Course Policies
• Feel free to ask questions at any time during the class – if you are confused or unfamiliar with something
then others probably are, too! Don’t be afraid to stop me if you feel I have not answered your question.
• Incorrect answers are often the most useful ones because they offer opportunities for further learning.
Trying and making an error is totally acceptable in this class. Not trying, or wasting everyone else’s time
with smart-aleck behavior, is not acceptable.
• Audio and/or video recording of class sessions is strictly prohibited because it is important that students feel
comfortable to speak up, ask questions and make mistakes in class. Any requests for exceptions must first
be documented through the Office of Learning Disabilities Services. In the event that a request is granted
the class will be notified that the recording is taking place, although the name of the requestor will not be
disclosed.
• All class members are expected to behave in a manner suitable to a professional environment. Make sure
your cell phones and other electronic devices are off while class is in session. Anyone talking on a cell
phone, sending or reading text messages, exiting and re-entering the room during class, using a computer or
other electronic devices, or otherwise exhibiting distracting, rude and obnoxious behavior may be asked to
leave.
• Any extra credit offerings will be posted at my discretion and are not guaranteed. If offered, you must
have completed all exams and have taken at least three of the four quizzes in order for extra credit points to
be added to your total. Individual extra credit projects will not be offered to students hoping to offset poor
performance in regular graded work.
• Late assignments will not be accepted. Assignment due dates are shown in the course calendar. Any
revisions/updates will be announced in class and posted in Blackboard. It is your responsibility to ensure
that you meet submission deadlines.
• The syllabus and course calendar are your primary resources for course information. If after reading these
documents you have questions about policies, assignment due dates, the tentative class schedule or any
other items related to this course, then please ask.
• Cheating, plagiarism, and any other form of academic dishonesty will not be tolerated.
• Student athletes, ROTC participants, and students who request testing accommodations due to learning or
other disabilities must notify me immediately at the beginning of the semester so that appropriate
arrangements can be made.
Academic and Professional Integrity
As a young professional with the potential to be a future leader in your chosen profession, I expect you to act
professionally, with integrity, and in compliance with University rules and regulations.
Academic dishonesty will affect your course grade and will NOT be tolerated. In these situations, a referral to
the School’s Academic Honesty Committee for discipline may occur, which could result in dismissal from the
University.
The University is a community of learning, whose effectiveness requires an environment of mutual trust and integrity,
such as would be expected at a Jesuit, Catholic institution. As members of this community, students, faculty, and staff
members share the responsibility to maintain this environment. Academic dishonesty violates it. Although not all
forms of academic dishonesty can be listed here, it can be said in general that soliciting, receiving, or providing any
unauthorized assistance in the completion of any work submitted toward academic credit is dishonest. It not only
violates the mutual trust necessary between faculty and students but also undermines the validity of the University's
evaluation of students and takes unfair advantage of fellow students. Further, it is the responsibility of any student
who observes such dishonest conduct to call it to the attention of a faculty member or administrator.
Examples of academic dishonesty would be copying from another student, copying from a book or class notes during
a closed-book exam, submitting materials authored by or editorially revised by another person but presented as the
student's own work, copying a passage or text directly from a published source without appropriately citing or
recognizing that source, taking a test or doing an assignment or other academic work for another student, tampering
with another student's work, securing or supplying in advance a copy of an examination without the knowledge or
consent of the instructor, and colluding with another student or students to engage in an act of academic dishonesty;
AND MAKING UNAUTHORIZED USE OF TECHNOLOGICAL DEVICES IN THE COMPLETION OF
ASSIGNMENTS OR EXAMS.
Where there is clear indication of such dishonesty, a faculty member has an obligation to uphold the School's
standards of academic integrity and to apply the School's academic misconduct policy. The faculty member bears
primary responsibility for determining how acts of academic dishonesty will affect the student's academic
performance in the faculty member's course. This is consistent with the responsibility of the faculty to determine
when course requirements have been met and what grades will be assigned to individual students. While faculty
members must not make prejudiced or capricious academic evaluations of students, they may apply academic
penalties, including course failure, as appropriate sanctions for incidents of academic dishonesty.
As such, all work should represent your independent effort, and plagiarism of anyone else’s work (regardless of
whether that work is in oral, written, or electronic form) will not be tolerated. Specifically:
• During class, I expect professional behavior and respect for others.
• For individual assignments, you may discuss the assignment in very general terms only with colleagues in one
of my class sections, but submitted work must be your own and cannot incorporate the ideas of others.
• For group assignments, discussions must remain amongst you and your group’s members.
• Solutions manuals of any kind are not allowed to aid in completion of graded assignments.
• For exams, although I encourage studying with colleagues, test-taking is an individual effort. Further
information on my expectations during exams is elsewhere in the syllabus.
Academic integrity is honest, truthful and responsible conduct in all academic endeavors. The mission of Saint Louis
University is "the pursuit of truth for the greater glory of God and for the service of humanity." Accordingly, all
acts of falsehood demean and compromise the corporate endeavors of teaching, research, health care, and
community service via which SLU embodies its mission. The University strives to prepare students for lives of
personal and professional integrity, and therefore regards all breaches of academic integrity as matters of serious
concern.
The governing University-level Academic Integrity Policy was adopted in Spring 2015, and can be accessed on
the Provost's Office website at:http://www.slu.edu/Documents/provost/academic_affairs/University-
wide%20Academic%20Integrity%20Policy%20FINAL%20%206-26-15.pdf.
Additionally, each SLU College, School, and Center has adopted its own academic integrity policies, available
on their respective websites. All SLU students are expected to know and abide by these policies, which detail
definitions of violations, processes for reporting violations, sanctions, and appeals. Please direct questions about
any facet of academic integrity to your faculty, the chair of the department of your academic program, or the
Dean/Director of the College, School or Center in which your program is housed.
Cook School Academic Honesty Policy
It is the policy of the John Cook School of Business at Saint Louis University that the "Giving and receiving of
unauthorized assistance on any graded exercise constitutes academic dishonesty and may result in grade
reductions and/or probation, suspension, or dismissal."
Support Services/Title IX
In recognition that people learn in a variety of ways and that learning is influenced by multiple factors (e.g.,
prior experience, study skills, learning disability), resources to support student success are available on campus.
The Student Success Center, a one-stop shop, which assists students with academic and career related services,
is located in suite 331 in Busch Student Center. Students who think they might benefit from these resources can
find out more about:
Course-level support (e.g., faculty member, departmental resources, etc.) by asking your course instructor.
University-level support (e.g., tutoring/writing services, Disability Services, academic coaching, career
services, and/or facets of curriculum planning) by visiting the Student Success Center (BSC 331) or by going
to www.slu.edu/success.
Students with a documented disability who wish to request academic accommodations are encouraged to
contact Disability Services to discuss accommodation requests and eligibility requirements. Please contact
Disability Services, located within the Student Success Center at disabilityservices@slu.edu or 314-977-3484 to
schedule an appointment. Confidentiality will be observed in all inquiries. Once approved, information about
academic accommodations will be shared with course instructors via email from Disability Services and viewed
within Banner via the instructor’s course roster.
Saint Louis University and its faculty are committed to supporting our students and seeking an environment
that is free of bias, discrimination, and harassment. If you have encountered any form of sexual misconduct (e.g.
sexual assault, sexual harassment, stalking, domestic or dating violence), we encourage you to report this to the
University. If you speak with a faculty member about an incident of misconduct, that faculty member must
notify SLU’s Title IX coordinator, Anna R. Kratky (DuBourg Hall, room 36;akratky@slu.edu; 314-977-3886)
and share the basic fact of your experience with her. The Title IX coordinator will then be available to assist you
in understanding all of your options and in connecting you with all possible resources on and off campus.
If you wish to speak with a confidential source, you may contact the counselors at the University Counseling
Center at 314-977-TALK. To view SLU’s sexual misconduct policy and for resources, please visit the following
web address:http://www.slu.edu/general-counsel-home/office-of-institutional-equity-and-diversity/sexual-
misconduct-policy www.slu.edu/here4you .
Spring 2015 Course Calendar
See the course calendar posted in Blackboard.

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ACC2200 Syllabus

  • 1. Saint Louis University MWF 10 – 10:50am (Section 01, CK 330) MWF 11 – 11:50am (Section 02, CK 330) MW 3:10 – 4:25pm (Section 03, CK 240) ACC2200 Spring 2015 Introduction- Financial Accounting Course Syllabus Instructor: Carolyn Westfall E-Mail: westfall@slu.edu Phone: 314-977-3856 Office: Cook Hall 455 Office Hours:MW 1:30–3pm and by appointment Fdffdf Course Overview This course provides an introduction to topics in financial accounting suitable for all business majors. Basic accounting knowledge is essential for any business professional—not just accountants! By the end of the semester you should be able to understand and use accounting in your professional and personal life. You will learn some of the basic principles and assumptions used in accounting, which will help you understand how accounting information is generated and will strengthen your ability to understand and use accounting information in the future. Course Learning Objectives At semester’s end you should be able to: • Analyze economic events affecting a business and describe their impact on financial statements. • Explain the purpose of and describe the core components of the four basic financial statements (Balance Sheet, Income Statement, Statement of Retained Earnings, and Statement of Cash Flows). • Explain the accrual basis of accounting and its implications for reporting revenues and expenses in the income statement. • Define and explain the implications of each of the basic assumptions, principles, and constraints underlying financial accounting. • Identify and provide examples for the implementation of basic internal control principles followed by companies to safeguard assets and enhance the accuracy and reliability of its accounting records. • Compute financial ratios and interpret and use to identify a company’s strengths and weaknesses and to forecast its future performance. • Transform transaction data into useful accounting information for a corporation. • Report and analyze receivables, inventory, long-lived assets, short-term and long-term liabilities, and equity. Text and Materials 1. Financial Accounting 4th edition by Kemp and Waybright. 2. MyAccountingLab: an online learning tool that accompanies our textbook. Several graded assignments will be completed via AccountingLab. 3. Blackboard Course Site: You will be responsible for checking the course website regularly. Additional materials are accessible via the course site. Class news and other announcements will be communicated through Blackboard. Dates of Interest January 27 Last day to drop without grade. March 31 Last day to withdraw with “W”. May 10 Final: Section 1 : 12-1:50pm May 12 Final: Section 3 : 2-3:50pm May 15 Final: Section 2 : 8-9:50am
  • 2. Class Meetings and Attendance Policies Cell phones, laptops and all other electronic communication and/or recording devices are prohibited during class. All such items must be turned off and put away. Please bring extra paper and a calculator with you to class. We will frequently work on problems or other learning activities that require them. In order to succeed in this course, it is ESSENTIAL that you: ATTEND class, PARTICIPATE in class, and DO the homework when assigned—do NOT get behind in the assignments. An occasional absence due to severe illness or other unavoidable emergency is understandable. However, repeated absences result in work efforts that are inefficient for you and negatively affect your grade. In my experience, such absences are generally signals that a student is unwilling and/or unable to do the work that this course requires. Experience has demonstrated that those who keep up with and put some effort into learning the material have little difficulty. On the other hand, those who put forth little effort and get behind are soon lost. Arrive on time and stay for the entire session. Unless it is an emergency, do not leave and re-enter the room during class because it is distracting to everyone. If you are late or miss a class, you are responsible for all announcements made and material covered in that class. I will return any graded assignments in class. If you are not present when an item is returned, you may pick it up later at my office during office hours. Students may not pick up graded items prior to their having been returned to the rest of the class. Textbook/WileyPLUS The textbook for the course is: Financial Accounting, 4th Edition, by Kemp and Waybright. There are three options available (i.e., hardcover, binder-ready, and electronic) and the cost varies across different options, so you may choose the one that suits you the best. Note: You will be required to complete and submit the assigned quizzes, pre-class assignments and homework assignments on-line through MyAccountingLab, an online course tool linked to the textbook. In order to receive grades for quizzes, pre-class and homework assignments, you will need access to MyAccountingLab. A good plan of attack for learning the material is to first study the chapter reading assignment thoroughly. Then try to work the assigned exercises and problems without looking at the chapter material. In this way you can test your knowledge of the chapter yourself. Eventually you should be able to do the problems without the aid of the book. THE EXAMINATIONS WILL REQUIRE YOU TO DO THIS! Office Hours My office hours are indicated at the top of the syllabus. If you can’t make it during posted office hours I am happy to arrange an appointment time that is convenient for both of us. When you arrange a special appointment I expect you to keep it or notify me in a timely manner if you cannot. When you come to office hours for assistance with practice problems or homework problems in MyAccountingLab, you should have already attempted the problem (and reviewed the solution on your own if applicable) so that you can explain where you are having trouble.
  • 3. Performance Evaluation Grade Composition Participation and Professionalism……..…………………………………………. 40 Community Service ……..……………………………………………………….. 40 In class activities, pop quizzes, etc. ……………………………………………….. 30 Quizzes…………………………………………………………………………….. 80 Pre-Assignments……………….…………………………….……………………. 70 Homework Assignments……………….…………………………………………. 90 Exams (3 @ 100 points each)……..……………………………………. 300 Final Exam………………………………………………………………………… 200 Total Points…………………………………….………………………………….. 850 Grade Conversion Points Letter Grade Points Letter Grade > 790 A 654 – 678 C+ 764 – 789 A – 620 – 653 C 739 – 763 B+ 594 – 619 C – 705 – 738 B 509 – 593 D 679 – 704 B – < 509 F Grade Revisions I go to great lengths to grade fairly and objectively. Some judgment in grading is always required on my part due to the nature of the work in this course. If you think an error has been made in computing a score, you must bring it to my attention within one week after the assignment/exam is returned to you. Please be aware that a request of grade revisions could lead to either upward or downward adjustments. Tracking Performance Points are posted in Blackboard as a courtesy to students who wish to keep track of their progress throughout the semester. Any errors or inconsistencies between Blackboard postings and my personal grade records are always resolved in favor of my grade records. No exceptions. Points for “Participation and Professionalism” will not be posted in Blackboard. Points related to in-class activities, pop quizzes, etc. will be posted at the end of the semester. Participation and Professionalism Your active presence, participation and demonstrated professionalism are important factors in sustaining an engaged and supportive learning environment for yourself and others. You should participate actively and in a professional manner: arrive on time with reading assignments and other materials completed; listen attentively; be prepared to answer (and ask!) questions; take part in class discussions, problem-solving exercises, and other activities constructively and with good humor. Chronic lateness, excessive absences, unpreparedness and/or other unprofessional behavior will cost you points. Additionally, use of your cell phone or laptop for non-class related activities will result in a point deduction from your Participation and Professionalism points. If I notice students engaged in such activities, I will make note of it and deduct 4 points for each instance.
  • 4. During class there will be individual and group exercises, pop-quizzes, etc. These will be collected during class and will be graded based on effort as well as accuracy. The timing and format of these assignments may vary, and in aggregate will comprise the 30 possible points for In-class activities, pop quizzes, etc. Community Service Community service, a component of the Jesuit and University mission, allows you an opportunity to help the poor and marginalized members of our community. Hopefully, community service will help you to become a better businessperson upon graduation and also become an activity you continue beyond this semester. You will need to perform 4 hours of approved community service activities in order to receive the maximum possible points. Essentially, each hour of service will be worth 10 points up to a maximum of 4 hours and 40 points. For ALL community service hours, you will need to obtain a statement on the agency’s letterhead that is signed by an individual at the agency verifying your hours of service. I will be confirming the validity of the statements on a random basis. A TYPED brief reflection on your community service activities, along with the verification statement, is due ON or BEFORE May 8th . Ten points will be deducted each day the paper is late, up to a maximum of 40 points. Quizzes There are 4 graded quizzes set up in MyAccountingLab. The purpose of these assignments is to provide feedback as to your knowledge of the material in between exams. The deadline for completion is 10am on the date indicated in MyAccountingLab. These dates are also shown in the course calendar. It is your responsibility to ensure that your quiz is completed by the deadline in MyAccountingLab. You have two attempts to complete each quiz. The highest score from either attempt will be used to compute your quiz score. Computer problems, failed Internet connections, etc. will not be accepted as excuses. No credit will be earned for late quizzes. The MyAccountingLab online score is not the same as the number of points included in your course grade. Your quiz scores reported from MyAccountingLab will be scaled and applied toward your semester grade. Homework Assignments There are 11 homework assignments set up in MyAccountingLab. The purpose of these assignments is to provide consistent feedback as to your mastery of the material we cover in class. The deadline for completion is 10am on the date indicated in MyAccountingLab. These dates are also on the course calendar. It is your responsibility to ensure that your homework is completed by the deadline in MyAccountingLab. You have unlimited attempts to complete the homework assignments and the highest score will be used. Computer problems, failed Internet connections, etc. will not be accepted as excuses. No credit will be earned for late homework. To allow for personal contingencies, I will drop your two lowest homework scores before computing your final grade. The MyAccountingLab online score is not the same as the number of points included in your course grade. Your scores reported from MyAccountingLab will be scaled to and applied toward your semester grade. Pre-Class Assignments There are 9 pre-class assignments set up in MyAccountingLab. The purpose of these assignments is to encourage you to read the text prior to attending class, and provide feedback as to your retention of the reading material. These assignments cover material NOT YET discussed in class. The deadline for completion is 10am on the date indicated in MyAccountingLab. These dates are also on the course calendar. It is your responsibility to ensure that your assignments are completed by the deadline in MyAccountingLab. You have unlimited attempts to complete the pre-class assignments and the highest score will be used. Computer problems, failed Internet connections, etc. will not be accepted as excuses. No credit will be earned for late assignments. To allow for personal contingencies, I will drop your two lowest pre-class assignment scores before computing your final grade.
  • 5. The MyAccountingLab online score is not the same as the number of points included in your course grade. Your scores reported from MyAccountingLab will be scaled to and applied toward your semester grade. Exams General Exam Policies • Exams in this course are closed book and closed notes. • You must sit for exams with your own class section. • Exam seating may be randomly assigned. It is advised to arrive at the exam location early and pay close attention to seating instructions. • Remember to bring your own pencils and calculators. No spare calculators or pencils will be available for borrowing. Students may not share calculators during exams. • Cell phone calculators and calculators with memory storage capacity are not permitted. Use of a cell phone during an exam may be perceived as cheating and result in an earned grade of zero on the exam. • During exams all electronic communication devices must be turned off and put away. • Food and drink are not permitted during exams, nor may students wear caps or hats. • Life is cumulative, and so is the final exam! Exam Schedule • Exams will be given in class (see course calendar). If you are late arriving to the exam, you do not receive extra time to work on your exam. • There will be three exams and one final exam. NO make-ups after the scheduled exam times will be given. Medical and family emergencies are the only valid reasons that will be accepted for missing an exam. If you experience a medical or family emergency and miss an exam, you must provide original, supporting documentation (e.g., an original, signed note from a licensed physician and not a copy). (Please do not make me ask you for this documentation – just automatically provide it to me as soon as you return to class.) If you are excused from an exam, the other two exams will be re-weighted. In other words, if you miss the first exam, the second and third exams will be proportionally re-weighted. If you do not have a valid reason for missing an exam (i.e., any other reason than a true medical or family emergency), you will receive a zero on the exam, which usually implies failing the course. • The Final Exam times are listed on the first page of the syllabus and will be in our regular classroom. • Students who request testing accommodations due to learning or other disabilities must notify me immediately at the beginning of the semester so that appropriate arrangements can be made. • Your decision to commit to this course includes the scheduled exams. Exam make-ups are given only in the case of serious emergencies, and arrangements must be made with me before the exam occurs. Requests for make-ups will be evaluated on a case-by-case basis and appropriate documentation is required. If you are unfortunate enough to experience a life event that warrants authorization of a make-up exam: • I will work with you to arrange another time BEFORE the scheduled exam time. • The make-up exam may be significantly different from the original. Reviewing Graded Exams • Depending on the circumstances, I will either bring graded exams to class for you to review or ask you to come to my office individually to review the exam. All exams remain on file in my office, and they will also be available for review in my office during office hours throughout the semester. Any student who does
  • 6. not return his or her exam to me immediately after reviewing it may receive zero points for the exam. Violation of this policy is considered to be academic dishonesty and will be dealt with accordingly. • All cell phones, laptop computers and other electronics must be turned off and put away while exams are being reviewed, whether in the classroom or in my office. You may not take notes while reviewing the exams. Violation of this policy is considered academic dishonesty and will be dealt with accordingly. • Cheating, plagiarism, and any other form of academic dishonesty will not be tolerated. Practice Problems There are two types of practice problems in this course: supplemental homework problems and in-class exercise problems. Solutions to suggested homework problems are set up electronically in MyAccountingLab. You should work through those problems and practice them on your own at your discretion. This is your opportunity to manage your individual learning process in the best way for you. Your work on practice problems will NOT be collected or graded. In addition to suggested homework problems, there are selected in-class exercises for some topics/chapters. The purpose of these in-class exercises is to give you an opportunity to work through problems and ask questions to improve your understanding in class meetings. If you are having trouble working on these problems and cannot get through without relying on the solutions, then it is unlikely that you will do well on exams in this course. Come and see me during office hours so that you can resolve your difficulties before you find yourself up a creek with no paddle. However, you should try solving the problems by yourself first before coming to see me in order to make the best use of our meeting time. Students with higher-grade aspirations will put forth greater efforts and practice additional problems. Extra problems are also set up in MyAccountingLab so that you can practice as much as you wish. General Course Policies • Feel free to ask questions at any time during the class – if you are confused or unfamiliar with something then others probably are, too! Don’t be afraid to stop me if you feel I have not answered your question. • Incorrect answers are often the most useful ones because they offer opportunities for further learning. Trying and making an error is totally acceptable in this class. Not trying, or wasting everyone else’s time with smart-aleck behavior, is not acceptable. • Audio and/or video recording of class sessions is strictly prohibited because it is important that students feel comfortable to speak up, ask questions and make mistakes in class. Any requests for exceptions must first be documented through the Office of Learning Disabilities Services. In the event that a request is granted the class will be notified that the recording is taking place, although the name of the requestor will not be disclosed. • All class members are expected to behave in a manner suitable to a professional environment. Make sure your cell phones and other electronic devices are off while class is in session. Anyone talking on a cell phone, sending or reading text messages, exiting and re-entering the room during class, using a computer or other electronic devices, or otherwise exhibiting distracting, rude and obnoxious behavior may be asked to leave. • Any extra credit offerings will be posted at my discretion and are not guaranteed. If offered, you must have completed all exams and have taken at least three of the four quizzes in order for extra credit points to be added to your total. Individual extra credit projects will not be offered to students hoping to offset poor performance in regular graded work. • Late assignments will not be accepted. Assignment due dates are shown in the course calendar. Any revisions/updates will be announced in class and posted in Blackboard. It is your responsibility to ensure that you meet submission deadlines.
  • 7. • The syllabus and course calendar are your primary resources for course information. If after reading these documents you have questions about policies, assignment due dates, the tentative class schedule or any other items related to this course, then please ask. • Cheating, plagiarism, and any other form of academic dishonesty will not be tolerated. • Student athletes, ROTC participants, and students who request testing accommodations due to learning or other disabilities must notify me immediately at the beginning of the semester so that appropriate arrangements can be made. Academic and Professional Integrity As a young professional with the potential to be a future leader in your chosen profession, I expect you to act professionally, with integrity, and in compliance with University rules and regulations. Academic dishonesty will affect your course grade and will NOT be tolerated. In these situations, a referral to the School’s Academic Honesty Committee for discipline may occur, which could result in dismissal from the University. The University is a community of learning, whose effectiveness requires an environment of mutual trust and integrity, such as would be expected at a Jesuit, Catholic institution. As members of this community, students, faculty, and staff members share the responsibility to maintain this environment. Academic dishonesty violates it. Although not all forms of academic dishonesty can be listed here, it can be said in general that soliciting, receiving, or providing any unauthorized assistance in the completion of any work submitted toward academic credit is dishonest. It not only violates the mutual trust necessary between faculty and students but also undermines the validity of the University's evaluation of students and takes unfair advantage of fellow students. Further, it is the responsibility of any student who observes such dishonest conduct to call it to the attention of a faculty member or administrator. Examples of academic dishonesty would be copying from another student, copying from a book or class notes during a closed-book exam, submitting materials authored by or editorially revised by another person but presented as the student's own work, copying a passage or text directly from a published source without appropriately citing or recognizing that source, taking a test or doing an assignment or other academic work for another student, tampering with another student's work, securing or supplying in advance a copy of an examination without the knowledge or consent of the instructor, and colluding with another student or students to engage in an act of academic dishonesty; AND MAKING UNAUTHORIZED USE OF TECHNOLOGICAL DEVICES IN THE COMPLETION OF ASSIGNMENTS OR EXAMS. Where there is clear indication of such dishonesty, a faculty member has an obligation to uphold the School's standards of academic integrity and to apply the School's academic misconduct policy. The faculty member bears primary responsibility for determining how acts of academic dishonesty will affect the student's academic performance in the faculty member's course. This is consistent with the responsibility of the faculty to determine when course requirements have been met and what grades will be assigned to individual students. While faculty members must not make prejudiced or capricious academic evaluations of students, they may apply academic penalties, including course failure, as appropriate sanctions for incidents of academic dishonesty. As such, all work should represent your independent effort, and plagiarism of anyone else’s work (regardless of whether that work is in oral, written, or electronic form) will not be tolerated. Specifically: • During class, I expect professional behavior and respect for others. • For individual assignments, you may discuss the assignment in very general terms only with colleagues in one of my class sections, but submitted work must be your own and cannot incorporate the ideas of others. • For group assignments, discussions must remain amongst you and your group’s members. • Solutions manuals of any kind are not allowed to aid in completion of graded assignments.
  • 8. • For exams, although I encourage studying with colleagues, test-taking is an individual effort. Further information on my expectations during exams is elsewhere in the syllabus. Academic integrity is honest, truthful and responsible conduct in all academic endeavors. The mission of Saint Louis University is "the pursuit of truth for the greater glory of God and for the service of humanity." Accordingly, all acts of falsehood demean and compromise the corporate endeavors of teaching, research, health care, and community service via which SLU embodies its mission. The University strives to prepare students for lives of personal and professional integrity, and therefore regards all breaches of academic integrity as matters of serious concern. The governing University-level Academic Integrity Policy was adopted in Spring 2015, and can be accessed on the Provost's Office website at:http://www.slu.edu/Documents/provost/academic_affairs/University- wide%20Academic%20Integrity%20Policy%20FINAL%20%206-26-15.pdf. Additionally, each SLU College, School, and Center has adopted its own academic integrity policies, available on their respective websites. All SLU students are expected to know and abide by these policies, which detail definitions of violations, processes for reporting violations, sanctions, and appeals. Please direct questions about any facet of academic integrity to your faculty, the chair of the department of your academic program, or the Dean/Director of the College, School or Center in which your program is housed. Cook School Academic Honesty Policy It is the policy of the John Cook School of Business at Saint Louis University that the "Giving and receiving of unauthorized assistance on any graded exercise constitutes academic dishonesty and may result in grade reductions and/or probation, suspension, or dismissal." Support Services/Title IX In recognition that people learn in a variety of ways and that learning is influenced by multiple factors (e.g., prior experience, study skills, learning disability), resources to support student success are available on campus. The Student Success Center, a one-stop shop, which assists students with academic and career related services, is located in suite 331 in Busch Student Center. Students who think they might benefit from these resources can find out more about: Course-level support (e.g., faculty member, departmental resources, etc.) by asking your course instructor. University-level support (e.g., tutoring/writing services, Disability Services, academic coaching, career services, and/or facets of curriculum planning) by visiting the Student Success Center (BSC 331) or by going to www.slu.edu/success. Students with a documented disability who wish to request academic accommodations are encouraged to contact Disability Services to discuss accommodation requests and eligibility requirements. Please contact Disability Services, located within the Student Success Center at disabilityservices@slu.edu or 314-977-3484 to schedule an appointment. Confidentiality will be observed in all inquiries. Once approved, information about academic accommodations will be shared with course instructors via email from Disability Services and viewed within Banner via the instructor’s course roster. Saint Louis University and its faculty are committed to supporting our students and seeking an environment that is free of bias, discrimination, and harassment. If you have encountered any form of sexual misconduct (e.g. sexual assault, sexual harassment, stalking, domestic or dating violence), we encourage you to report this to the University. If you speak with a faculty member about an incident of misconduct, that faculty member must
  • 9. notify SLU’s Title IX coordinator, Anna R. Kratky (DuBourg Hall, room 36;akratky@slu.edu; 314-977-3886) and share the basic fact of your experience with her. The Title IX coordinator will then be available to assist you in understanding all of your options and in connecting you with all possible resources on and off campus. If you wish to speak with a confidential source, you may contact the counselors at the University Counseling Center at 314-977-TALK. To view SLU’s sexual misconduct policy and for resources, please visit the following web address:http://www.slu.edu/general-counsel-home/office-of-institutional-equity-and-diversity/sexual- misconduct-policy www.slu.edu/here4you . Spring 2015 Course Calendar See the course calendar posted in Blackboard.