Class Outline

Note: Classes will proceed in the order indicated below. Students are responsible to check off the classes as they are completed and to always be mindful of the objectives and requirements associated with the next class. Students are expected to complete any required reading and print off any handouts for a given class BEFORE that class.

Please Note: Senior school instructors reserve the right to present unannounced quizzes at any point in the term. Students can expect such pop quizzes to cover the material taught within the previous one or two classes.

Unit 1: Introduction to Accounting

Lesson: 1    (Date Completed: _______________________)
Topic: Introduction to Accounting and the Accounting Cycle
References: text, chapter #1, pages 1-9; PowerPoint; class notes

Lesson: 2    (Date Completed: _______________________)
Topic: Business Structures
References: text, chapter #1, pages 1-9; PowerPoint; class notes

Lesson: 3    (Date Completed: _______________________)
Topic: Establishing the Accounting Equation
References: text, chapter #2, pages 15-16; PowerPoint; class notes

Lesson: 4    (Date Completed: _______________________)
Topic: Introducing the Balance Sheet
References: text, chapter #2, pages 18-24; class notes

Lesson: 5    (Date Completed: _______________________)
Topic: UNIT Review on chapter #1 and 2 (Formative Practice Test)
References: text, chapter #1; class notes

Lesson: 6    (Date Completed: _______________________)
Topic: UNIT TEST on chapter #1 and 2 (Summative Test)
References: text, chapter #1; class notes

Unit #2: Transactions and Accounts

Lesson: 7    (Date Completed: _______________________)
Topic: Analyzing opening business transactions
References: text, chapter #3, pages 49-59; class notes

Lesson: 8    (Date Completed: _______________________)
Topic: Establishing Accounts
References: text, chapter #4, pages 79-82

Lesson: 9    (Date Completed: _______________________)
Topic: Debit and Credit Theory
Reference: text, chapter #3; pages 83-90

Lesson: 10    (Date Completed: _______________________)
Topic: Interpretation of Account Balances
References: text, chapter #4, pages 93-96

Lesson: 11    (Date Completed: _______________________)
Topic: The Trial Balance
References: text, chapter #4, pages 98-101

Lesson: 12    (Date Completed: _______________________)
Topic: Unit Review (Formative Practice Test)
References: text, chapters #3 & #4, pages 49-101

Lesson: 13    (Date Completed: _______________________)
Topic: Unit Test (Summative Test)
References: text, chapters #3 & #4, pages 49-101

Unit #3: Analyzing the Expanded Ledger

Lesson: 14    (Date Completed: _______________________)
Topic: Analyzing an expanded equation
References: text, chapter #5; pages 117-124

Lesson: 15    (Date Completed: _______________________)
Topic: Recording owner's equity changes in T-accounts
Reference: text, chapter #5; pages 117-124

Lesson: 16    (Date Completed: _______________________)
Topic: Analyzing the Income Statement
References: text, chapter #5; pages 128-133

Lesson: 17    (Date Completed: _______________________)
Topic: Analyzing the related Balance Sheet
References: text, chapter #5; pages 136-139

Lesson: 18    (Date Completed: _______________________)
Topic: Unit Review (Formative Practice Test)
Reference: review sheet; text, chapter #5,

Lesson: 19    (Date Completed: _______________________)
Topic: Unit Test (Summative Test)
Reference: review sheet; text, chapter #5,

Unit #4: Bookkeeping and Sales Taxes

Lesson: 20    (Date Completed: _______________________)
Topic: Journalizing Transaction Data
Reference: text, chapter #6, pages 157-160

Lesson: 21    (Date Completed: _______________________)
Topic: Originating Transaction Data
Reference: text, chapter #6, pages 165-173

Lesson: 22    (Date Completed: _______________________)
Topic: Accounting for the Provincial Retail Sales Tax
Reference: text, chapter #6, pages 178 - 180

Lesson: 23   (Date Completed: _______________________)
Topic: Accounting for the Goods and Services Tax
Reference: text, chapter #6, pages 183 - 189

Lesson: 24   (Date Completed: _______________________)
Topic: Posting Transaction Data
Reference: text, chapter #7, pages 209-218

Lesson: 25    (Date Completed: _______________________)
Topic: Unit Review (Formative Practice Test)
Reference: text, chapter 6; review sheet

Lesson: 26    (Date Completed: _______________________)
Topic: Unit Test (Summative Test)
Reference: text, chapter 6; review sheet

Unit #5: Completing the Accounting Cycle

Lesson: 27    (Date Completed: _______________________)
Topic: Detecting and Correcting Errors
Reference: text, chapter #7, pages 216-222

Lesson: 28    (Date Completed: _______________________)
Topic: The Six-Column Worksheet
Reference: text, chapter #8, pages 251-259

Lesson: 29    (Date Completed: _______________________)
Topic: Adjusting for prepaid expenses
Reference: text, chapter #9, pages 303 - 307

Lesson: 30    (Date Completed: _______________________)
Topic: Adjusting for depreciation expense
Reference: text, chapter #9, pages 336 - 348

Lesson: 31    (Date Completed: _______________________)
Topic: Disposing of depreciated assets
Reference: PowerPoint

Lesson: 32    (Date Completed: _______________________)
Topic: Adjusting for accrued revenues, accrued expenses, and unearned revenues
Reference: PowerPoint

Lesson: 33    (Date Completed: _______________________)
Topic: The Eight-Column Worksheet
Reference: text, chapter #9, pages 310 - 318

Lesson: 34    (Date Completed: _______________________)
Topic: The Closing Entries - A General Ledger Perspective 
Reference: text, chapter #9, pages 321-323

Lesson: 35    (Date Completed: _______________________)
Topic: The Closing Entries - A General Journal Perspective
Reference: text, chapter #9, pages 327-333

Lesson: 36   (Date Completed: _______________________)
Topic: *** Unit review ***
Reference: text, chapter #9

Lesson: 37    (Date Completed: _______________________)
Topic: *** Unit Test ***
Reference: text, chapter #9

Unit #6: Accounting for a Merchandising Business

Unit #7: Modification of Accounting Systems

Lesson: 47    (Date Completed: _______________________)
Topic: Introduction to Subsidiary Journals
Reference: text, chapter #12, pages 501 - 549

Lesson: 48    (Date Completed: _______________________)
Topic: Cash Receipts Journal
Reference: text, chapter #12, page 545

Lesson: 49    (Date Completed: _______________________)
Topic: Sales Journal
Reference: text, chapter #12, pages 545 - 546

Lesson: 50    (Date Completed: _______________________)
Topic: Cash Payments Journal
Reference: text, chapter #12, pages 546 - 547

Lesson: 51    (Date Completed: _______________________)
Topic: Purchases Journal
Reference: text, chapter #12, pages 547 - 548

Lesson: 52    (Date Completed: _______________________)
Topic: Posting the Five-Journal System
Reference: text, chapter #12, pages 547 - 548

Lesson: 53    (Date Completed: _______________________)
Topic: Review - chapter #12
Reference: text, chapter #12; (see review sheet)

Lesson: 54    (Date Completed: _______________________)
Topic: Test - chapter #12
Reference: text, chapter #12; (see review sheet)

Unit #8: Computerized Accounting

Lesson: 55    (Date Completed: _______________________)
Topic: Introduction to Computerized Accounting: setting up a firm, setting up a ledger (Simply Accounting)
Reference: text, chapter #12, pages 444 - 458

Lesson: 56    (Date Completed: _______________________)
Topic: Recording Transactions within a Computerized Accounting Program: recording basic transactions (Simply Accounting)
Reference: text, chapter #12, pages 444 - 458

Lesson: 57    (Date Completed: _______________________)
Topic: Computerized Accounting Application: Merchandising Transactions: recording merchandising transactions within within special journals (Simply Accounting)
Reference: text, chapter #12, pages 444 - 458

Lesson: 58    (Date Completed: _______________________)
Topic: Computerized Accounting Application: Financial Statements: generating financial statements (Simply Accounting)
Reference: text, chapter #12, pages 444 - 458

Unit #9: Cash Control and Banking Applications

Lesson: 59    (Date Completed: _______________________)
Topic: Accounting for cash, credit card, and debit card transactions
Reference: text, chapter #10, pages 373 - 382

Lesson: 60    (Date Completed: _______________________)
Topic: Accounting for cash short and over transactions
Reference: text, chapter #10, pages 384 - 385

Lesson: 61    (Date Completed: _______________________)
Topic: Preparing the Statement of Cash Flows and Accounting for cash short and over transactions
Reference: text, chapter #10, pages 382 - 387

Lesson: 62    (Date Completed: _______________________)
Topic: Establishing and maintaining the petty cash system
Reference: text, chapter #10, pages 392 - 395

Lesson: 63   (Date Completed: _______________________)
Topic: Preparing a bank reconciliation statement and discussing personal banking applications
Reference: text, chapter #10, pages 398 - 404

Lesson: 64   (Date Completed: _______________________)
Topic: Bank Reconciliation Case Study
Reference: text, chapter #10, pages 398 - 404

Lesson: 65    (Date Completed: _______________________)
Topic: *** Unit Review, chapter #10 ***
Reference: text, chapter #10, pages 373 - 404

Lesson: 66    (Date Completed: _______________________)
Topic: *** Unit Test, chapter #10 ***
Reference: text, chapter #10, pages 373 - 404

Unit #10: Financial Analysis and Decision-Making

Lesson: 67
Topic: Preparing the Classified Balance Sheet
Reference: text, chapter #8, pages 269 - 271

Lesson: 68    (Date Completed: _______________________)
Topic: Comparing Financial Data
Reference: text, chapter #13, pages 606 - 608, also pages 265, 266, & 274

Lesson: 69    (Date Completed: _______________________)
Topic: Analyzing Simple Ratios and Percentages
Reference: text, chapter #13, pages 606 - 612

Lesson: 70    (Date Completed: _______________________)
Topic: Analyzing more sophisticated Ratios and Percentages
Reference: text, chapter #13, pages 612 - 616

Lesson: 71    (Date Completed: _______________________)
Topic: Interpreting the Income Statement and Balance Sheet
Reference: text, chapter #8, pages 184-194

  Lesson: 72    (Date Completed: _______________________)
Topic: Assignment
Reference: text, chapter #13 and pages 265, 266, & 274

Unit #11: The Field of Accounting

Lesson: 73    (Date Completed: _______________________)
Topic: Accounting Careers : introduction to accounting careers; work period
Reference: Online Resource Page

Lesson: 74    (Date Completed: _______________________)
Topic: Accounting Careers class presentations
Reference: Online Resource Page

Lesson: 75    (Date Completed: _______________________)
Topic: Accounting Ethics : introduction to accounting ethics; work period
Reference: Online Resource Page

Lesson: 76    (Date Completed: _______________________)
Topic: Accounting Ethics: work period
Reference: Online Resource Page

Lesson: 77    (Date Completed: _______________________)
Topic: Accounting Ethics: work period: group conferences with course instructor
Reference: Online Resource Page

Lesson: 78    (Date Completed: _______________________)
Topic: Accounting Ethics: class presentations
Reference: Online Resource Page

Exam Review

Lesson: 79    (Date Completed: _______________________)
Topic: Case Study Skills - Analyzing Financial Statements
Reference: text, chapter #13 and pages 265, 266, & 274

Lesson: 80    (Date Completed: _______________________)
Topic: Exam Review: Review Jeopardy
Reference: text, chapter #16, pages 691 - 707

Lesson: 81    (Date Completed: _______________________)
Topic: Exam Review: Open Forum
Reference: Chapters # 7, 8, 9, 10, 12, 13, 14, 15, 16 (See review sheet)