Units and Topics Covered:
TERM #1:
Establishing a Business
The Accounting Equation
Using Accounts
Bookkeeping
Preparing Financial Statements
Completing the Accounting Cycle
TERM #2:
Computer Applications
Accounts Receivable
Accounts Payable
Petty Cash
Merchandising Firms
TERM #3:
Banking Applications
Adjusting Entries
Analyzing Financial Statements
Mark Breakdown:
| Formative Categories | Summative Categories | Mark Value |
| Formative Quizzes | 0% | |
| Daily Exercise Completion | 0% | |
| Practice Tests | 0% | |
| Tests | 45% | |
| Summative Quizzes | 10% | |
| Case Studies | 5% | |
| Class Presentations | 10% | |
| Financial Scandals Project | 5% | |
| Exam | 25% | |
| Total: | 100% | |
Course Policies and Guidelines:
Assignments and Projects:
1. All assignments are due at the beginning of class on the assigned day.
2. i. Late assignments will be penalized 5% per day, up to a maximum of 25%.
ii. For example, an essay valued at 75% but two days late will be returned with a mark of 65%.
iii. A day will be understood to be a 24 hour period, and not the gap between two classes, which is in fact two days and worth a 10% penalty.
iv. Weekends will count as one day.
v. Late penalties can be avoided in some circumstances if an extension is granted. Extensions on assignment due dates can be granted if the student submits an extension application form at least four days in advance of the due date. Please Note: Completion of this form is by no means a guarantee of an extension. The application must be reviewed and accepted by the course instructor before the extension is granted.
vi. Once a case study has been taken up in class, late cases are no longer eligible for submission. Case studies are problem solving questions - they involve far more analyses than writing. There is a vast difference between actually doing the problem, and simply copying the answer in class. Therefore, awarding a grade for a copied solution would not provide a valid assessment of the student's ability or effort.
3. All work must be neat and accurate, typing or word processing of major
assignments is strongly encouraged.
4. All borrowed information must be properly documented using an accepted
procedure, i.e. footnoting, end noting, etc. Plagiarism is an offence and
will result in an automatic grade of zero for the assignment.
5. Spelling and grammar will be figured into the grade of every written
assignment (up to a maximum of 20% of the mark). There is no substitute
for a well written paper.
Tests and Exams:
6. All students are expected to write tests on the set date. If a student must miss a test day, then the onus is placed on the student to let me know well in advance, and to arrange for an alternate time to take the test.
7. If the student misses a test day without letting me know in advance, then only a doctor's note can allow the student to make up the test.
8. If the student misses a test and yet is found to be in attendance on the day in question, an automatic zero will be awarded for the test mark.
9. If the student is found to have cheated on a test, an automatic zero will be awarded for the test mark.
Class Work Ethic:
10. Students are expected to be in class and ready to work by the beginning of the period.
11. Participation in class activities and discussions is strongly encouraged. From time to time various in-class activities will be graded. These marks may count towards 5% of the student's final grade.
12. Lateness and missing of days will count against the student's participation mark (up to a maximum of 5% of the term grade).