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Table of Contents Module 1: Planning for Learning Module 1 Assignments Syllabus Snapshot

Syllabus Snapshot

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Syllabus Snapshot - Brendan Merriweather

Created by Brendan Merriweather on Sep 26, 2016 7:41 PM Subscribed

I applied a basic document outline approach to my Syllabus Snapshot, where students would not be distracted by
the usage of a more creative model. However, instead of using long sentences and paragraphs, I utilized bullet
points, word text changes (i.e. bold, bold italics, etc.), tables, and charts.

I believe that this approach would work best for my teaching environment, because of the technical aspect(s) of
the course (in addition to the format of the materials and examinations within the course). I was able to
summarize all my information into a one page (front and back) document, which highlighted the main points of
my syllabus.

I wanted students to be provided with:

• Class number and its official description
• Course and faculty information
• Course description

◦ Emphasis on understanding
• Course learning outcomes
• Required textbook
• Evaluation
• Letter grade assignment
• Attendance policy
• Assignment policy
• Make-up exam policy
• Withdrawl policy
• Important notes to this document

◦ Not the official syllabus
◦ Where the official syllabus can be found (D2L)
◦ What extra information is provided in the official syllabus

◾ Further detailed information
◾ Tentative lecture outline

Syllabus_Screen_Shot_ACNT_1303_Brendan... (141 KB)

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Michael Pruitt

September 27 at 8:25 PM
Brendan:  I like your bullet point approach.  It appeals to my "executive summary" mindset.  
Mike

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Mario Cisneros

October 16 at 12:28 PM
Very concise and to the point, I like.

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Due September 29 at 5:00 PM

Last Visited Sep 26, 2016 7:09 PM

Lone Star College – Tomball

Arts, Business, Behavioral Science & Social Sciences Division

ACNT 1303

Introduction to Accounting I

Course Information Faculty Information

Semester: Fall 2016 Name: Brendan Merriweather, Adjunct Professor
Class Meeting Days: Tuesday and Thursday Office Location: None
Class Meeting Time: 8:00 AM – 10:50 AM Office Phone: None
Class Location: C228 Office Hours: None
Prerequisites: None Email address: [email protected]

COURSE DESCRIPTION:
A study of:

Analyzing, Classifying, and Recording business transactions
o Notes
o Deferrals and Accruals
o Receivables and Payables
o Inventory and Plant Assets

Emphasis on understanding:
Accounting cycle
Financial statements
Bank reconciliations
Payroll

COURSE LEARNING OUTCOMES:
Upon successful completion of this course, the student will:

Define accounting terminology.
Analyze and record business transactions in two environments:

o Manual
o Computerized
Complete the accounting cycle.
Prepare financial statements.
Apply accounting concepts for:
o Cash
o Payroll
Prepare bank reconciliations.
Correct accounting errors.

REQUIRED TEXTBOOK:
College Accounting, 14th Edition, by Price, Haddock, and Farina
Published by: McGraw Hill-Irwin
Textbook: ISBN # 978-0-7-76391-4

EVALUATION:
Your course grade will be determined according to the following:

Quizzes are prior to next Chapter’s Lecture
Comprehensive Final Exam

Requirements Chapters Percentage of Final Grade
Exam 1 1-6 25%
Exam 2 7 - 12 25%
1 - 13 30%
Final Exam 1 - 12 20%
Quizzes 1 - 13 100%
Total

LETTER GRADE ASSIGNMENT: Letter Grade
Final Grade Percentage

100 – 90 % A

89 – 80 % B

79 – 70% C

69 – 60% D

59 – 0% F

ATTENDANCE POLICY:

Attendance to all classes is expected.

Student’s responsibility to obtain information from a classmate.

ASSIGNMENT POLICY:
Completed on scheduled due date
No late assignments will be accepted

MAKE-UP EXAM POLICY:
Contact prior to missing a scheduled examination
o Alternative Exam will be Administered in the LSC-Tomball Assessment Center.

WITHDRAWAL POLICY:
Last day to withdraw with a “W” is October 4, 2016

IMPORTANT NOTES TO THIS DOCUMENT:
Not the official syllabus
o Can be found in class D2L
Further detailed information
Tentative lecture outline

Page 2

Table of Contents Module 1: Planning for Learning Module 1 Assignments
Student Prep Strategy: Getting them to read!

Student Prep Strategy: Getting them to read!

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ACNT 1303

Created by Brendan Merriweather on Sep 23, 2016 1:33 AM Subscribed
Student Prep Strategy for ACNT 1303

• Prior to the beginning of each class:
◦ Provide students with access to the PowerPoint presentation that will be covered in class.
◦ Provide students with the type of quiz they will have
◾ Conceptual
◾ Problem-based

• At the beginning of each class:
◦ Have a brief ten question non-random quiz over the prior material covered for retention purposes
◦ Provide students with their prior quiz
◾ Answer any questions a student has

• At the end of each class:
◦ Remind students what material we will be covering next class
◦ Remind students about the non-random quiz over the prior material

IPPTChap001.ppt (1.26 MB)
Chapter 1 Multiple Choice Quiz.docx (79.24 KB)

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Name:
Date:

Multiple Choice Quiz

1

The review of financial statements to assess their fairness and adherence to GAAP is
auditing.

A)
accounting.

B)
accounting system.

C)
management advisory services.

D)

2

An independent accountant who performs financial audits is a
Certified Internal Auditor (CIA).

A)
Certified Management Accountant (CMA).

B)
Certified Public Accountant (CPA).

C)
Internal Revenue Agent.

D)

3

To become a CPA, an individual
must have a certain number of college credits in accounting courses.

A)
pass the Uniform CPA Examination.

B)
fulfill the experience requirements of the state of practice.

C)
All of the above.

D)

4

Which of the following is not a service typically provided by a public accounting firm?

Auditing
A)

Tax accounting
B)

Management advisory services
C)

Investing services
D)

5

The entity that has final authority over the financial reporting of publicly owned corporations
is the

Securities and Exchange Commission (SEC).
A)

Financial Accounting Standards Board (FASB).
B)

Federal Trade Commission (FTC).
C)

Internal Revenue Service (IRS).
D)

6

Which of the following is not a provision of the Sarbanes-Oxley Act?
The Sarbanes-Oxley Act allows accountants from offering a broad range of consulting

A) services to publicly traded companies that they audit.
The Sarbanes-Oxley Act requires accounting firms to change the lead audit or

B) coordinating partner and the reviewing partner for a company every five years.
It is a felony to "knowingly" destroy or create documents to "impede, obstruct or

C) influence" any existing or contemplated federal investigation.
Wall Street investment firms are prohibited from retaliating against analysts who

D) criticize investment-banking clients of the firm.

7

Which of the following is a legitimate government agency?

Securities and Exchange Commission (SEC).
A)

American Institute of Certified Public Accountants (AICPA).
B)

Internal Tax Collection Service (ITCS).
C)

Federal Bureau of Fiscal Responsibility (FBFR).
D)

8

The following are all characteristics of a sole proprietorship except:

The owner of a sole proprietorship is legally responsible for the debts of the business.
A)

A sole proprietorship is legally separate from its owner.
B)

The owner's income and the income of the business are combined to compute the total
C) tax responsibility of the owner.

The life of the business ends when the owner is no longer willing or able to keep the
D) business going.

9

The financial statements submitted by a corporation to the SEC include the auditor's report.
The auditor's report:

interprets the financial performance of the corporation.
A)

certifies that the financial statements are completely accurate.
B)

confirms that the financial information is prepared in conformity with generally accepted
C) accounting principles.

publishes the salaries of all of the officers of the corporation.
D)

10

The group of accounting educators who perform research to determine the possible effects
on financial reporting and the economy and then offer their opinions about proposed FASB
statements is the

American Accounting Association (AAA).
A)

Financial Accounting Standards Board (FASB).
B)

American Institute of Certified Public Accountants (AICPA).
C)

Securities and Exchange Commission (SEC).
D)

Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.

Chapter

1

Accounting: The Language of
Business

Section 1: What Is Accounting?

Section Objectives

1-1 Define accounting.

1-2 Identify and discuss career
opportunities in accounting.

1-3 Identify the users of financial
information.

In running a business, you need answers to
questions:

How much cash does the business have?
How much money do customers owe the business?
What is the cost of the merchandise sold?
What is the change in sales volume?
How much money is owed to suppliers?
What is the profit or loss?

1-3

Objective 1-1 Define Accounting

QUESTION:

What is accounting?

ANSWER:

Accounting is the process by which
financial information about a business
is classified, recorded, summarized,
interpreted, and communicated to
owners, managers and other
interested parties.

1-4

QUESTION:

What are financial statements?

ANSWER:

Financial statements are periodic reports
of a firm’s financial position and
operating results.

1-5

Objective 1-2 Identify and discuss career
opportunities in accounting

Many jobs are available in the accounting
profession. Some examples are:

Bookkeepers & Financial Analysts
Accounting Clerks

Financial
Managers

1-6

Accountants generally work in one
of these areas:

Public accounting
Managerial accounting
Governmental accounting

1-7

Public accounting firms provide services
such as:

•Auditing
•Tax accounting
•Management advisory services

1-8

QUESTION:

Who is a certified public accountant?

ANSWER:

A certified public accountant, or CPA, is
an independent accountant who
provides accounting services to the
public for a fee.

1-9

QUESTION:

What is managerial accounting?

ANSWER:

Managerial accounting includes a wide
range of work carried on by an
accountant employed by a single
business in industry.

1-10

Managerial Accounting, or private accounting, involves
working for a single business to:
• Establish accounting policies
• Provide financial advice to management
• Manage the accounting system
• Prepare and interpret financial statements
• Prepare tax forms and do tax planning
• Prepare internal reports for management

1-11

QUESTION:

What is governmental accounting?

ANSWER:

Governmental accounting involves
keeping financial records and preparing
financial reports for a federal, state, or
local governmental unit.

1-12

Governmental accounting involves keeping
financial records and preparing financial reports as
part of the staff of federal, state, or local
governmental units, such as:

• Securities and Exchange Commission (SEC)
• Internal Revenue Service (IRS)
• Federal Bureau of Investigation (FBI)
• Homeland Security (DHS)

1-13

Objective 1-3 Identify the users of financial
information
Inside The Business
Outside The Business

Employees

1-14

Suppliers

Use financial
information to:

• Assess the firm’s
ability to pay its bills

• Set a credit limit for
the firm

1-15

Banks Use financial
information to:

• Decide whether to
make a loan

• Determine the terms
of the loan

1-16

Tax Authorities

Use financial
information to
determine the tax

base for:

• Income taxes

• Sales taxes

• Property taxes

1-17

Regulatory • The Securities and
Agencies Exchange Commission
and Investors (SEC) is the federal
agency that oversees
the financial information
of public corporations.

• Public corporations are
those whose stock is
traded on stock
exchanges and over-the-
counter markets.

1-18

Sarbanes-Oxley Act

The Act led to a major
change in the regulatory
environment.

The Act was designed as
a regulatory crackdown on
corporate fraud and
corruption.

1-19

Customers

Use financial
information to:

• Determine the economic
health of the business

•Determine the likelihood
that the firm will remain in
business to provide parts,
service, and support

1-20

Employees and Use financial
Unions information to:

Negotiate wages
and benefits

Monitor profitability
of profit-sharing
plans

1-21

Chapter

1

Accounting: The Language of
Business

Section 2: Business and Accounting

Section Objectives

1-4 Compare and contrast the three
types of business entities.

1-5 Describe the process used to
develop generally accepted
accounting principles.

1-22

Objective 1-4 Compare and contrast the three
types of business entities

Three major legal forms of a business entity:

Sole Proprietorship

Partnership

Corporation

1-23

QUESTION:

What is a sole proprietorship?

ANSWER:

A sole proprietorship is a business entity
owned by one person who is legally
responsible for the debts and taxes of the
business.

1-24

Sole Partnership Corporation
Proprietorship
Ownership
1 owner

Life Ends when owner:
• is unable to

carry on,
• dies, or
• closes the firm

Responsibility Owner
for business
debts if firm is
unable to pay

1-25

QUESTION:

What is a partnership?

ANSWER:

A partnership is a business entity owned
by two or more people who are legally
responsible for the debts and taxes of the
business.

1-26

Sole Partnership Corporation
Proprietorship
Ownership 2 or more
Life 1 owner owners

Ends when owner: Ends when
• is unable to partner(s):
• withdraws,
carry on, • dies, or
• dies, or • closes the firm
• closes the firm

Responsibility Owner Partners
for business individually
debts if firm is and jointly
unable to pay

1-27

Typical partnerships

Professional services such as:

Medical Practices Accounting Firms

Dental Practices

Architectural Firms

Law Firms

1-28

Partners must agree upon:

• Amount each partner will contribute to the
business.

• Percentage of ownership of each partner.
• Share of profits of each partner.
• Duties each partner will perform.
• Debts - the responsibility each partner has for the

partnership’s debts.

1-29

QUESTION:

What is a corporation?

ANSWER:

A corporation is a publicly or privately
owned business entity that is separate
from its owners and has a legal right to
own property and do business in its own
name; stockholders are not responsible for
the debts or taxes of the business.

1-30

Ownership Sole Partnership Corporation
Proprietorship
Life 2 or more Can be one or
1 owner thousands
Responsibility
for business Ends when owner: Ends when Continues
debts if firm is • is unable to partner(s): indefinitely;
unable to pay • dies, ends when:
carry on, • close the firm • business goes
• dies, or • withdraws bankrupt
• closes the firm • stockholders
Partners vote to liquidate
Owner individually and
jointly Stockholders
can lose only
the amount
invested

1-31

QUESTION:

What is stock?

ANSWER:

Stock is issued in the form of stock
certificates, and represents the ownership
of the corporation.

1-32

Important Distinction

For accounting purposes, all forms of
business entities are considered separate
entities.
However, the corporation is the only form of
business that is a separate legal entity.

1-33

QUESTION:

What is the separate entity assumption?

ANSWER:

The separate entity assumption is the
concept of keeping a firm’s financial
records separate from the owner’s
personal financial records.

1-34

Describe the process used to develop
Objective 1-5 generally accepted accounting principles

QUESTION:

What are generally accepted accounting
principles (GAAP)?

ANSWER:

Generally accepted accounting principles
(GAAP) are accounting standards
developed and applied by professional
accountants.

1-35

QUESTION:

What is an auditor’s report?

ANSWER:

An auditor’s report accompanies an
independent accountant’s audit or review
of a firm’s financial statements.

1-36

Thank You

for using

College Accounting, 14th Edition

Price • Haddock • Farina

1-37

Table of Contents Module 2: Teaching Strategies Module 2 Assignments Motivation?

Motivation?

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Motivation? - Brendan Merriweather

Created by Brendan Merriweather on Oct 10, 2016 10:22 PM Subscribed

I enjoyed the TEDTalk presentation by Arthur Benjamin. I agree that the structure of mathematics is to build a
pyramid from basic arithmetic to calculus. Calculus is the basis for solving a lot of engineering based questions
as I personally took Calculus until level 3. The practicality of probability and statistics can be used daily, but I am
not sure how in-depth an individual would use statistics. For instance, I do not see an individual utilizing
a spreadsheet or statistical software to make a daily or common decision. However, I do agree that the top of
the pyramid should be probability and statistics as that is the basis for a lot of managerial decision making. In
addition, I enjoyed his examples where statistics and probability is fun, such as: games, gambling,
analyzing trends, and predicting the future. Big data analysis has brought forth the importance of analyzing
uncertainty and randomness of data. 

Some specific ways I could impact student motivation in my classroom would include:

1. Autonomy and Self-Determination:

- Implementing a group project where the students pick the topic of discussion that relates to a particular aspect
of the accounting cycle

- During in class review, allow the students to pick the question(s) they would like to answer

2. Intrinsic and Extrinsic Motivation:

- Providing informative feedback to incorrect in class questions that will result in student improvement

- Providing the answer key to quizzes and examinations with necessary support to provide informative feedback

3. Expectancy-Value Theory:

- Continually stress the importance of accounting as the language of business so that all students irrespective of
their major can understand their value.

- Ensure that the expectancy of success is reasonable between myself and my students by evaluating and
implementing a curriculum that meets the expectations of both parties.

4. Mastery and Performance Goals:

- Continually implement a classroom climate of warmth and acceptance in each class that supports each student,
while also caring and supporting each student's input and perspective

5. Social Motivation and Other Goals:

- Implementing a group project and quizzes where students are required to use a different partner each time
these events occur

- Help facilitate the formation of study groups

6. Attribution Theory:

- More frequently review the most common questions missed and explain the concept, theory, and calculation
behind each of these questions.

I can build/teach grittiness by:

The most important way that I could build/teach grittiness would be by stating, supporting, and affirming the
importance of accounting. This can be done by explaining the importance and use of financial statements to
make substantive business decisions. Through the analysis of select financial statements, students would be able
to find the course more exciting and fun. Through decisions made by senior management based on this
information (or case) students would feel more intrigued and motivated to learn the material taught in my
course. This would be in opposition to simply displaying accounting as "bean counters."

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Michael Pruitt

October 11 at 8:26 AM

Brendan:  I constantly ask my students to OUTLINE when they approach a legal question (or any
other question, for that matter) that requires the application of disciplined, organized critical
thinking skills.  It's a form that structures function.  You did just that in your post....you took the
elements and articulated a set of concrete action steps within each element you listed.  Nice!
Mike

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