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COURSE SYLLABUS

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BUSN 5600

COURSE NUMBER

MR. JOHN W. STOUDENMIRE
INSTRUCTOR

ACCOUNTING THEORY & PRACTICE
COURSE TITLE

910-394-4447 (W)
910-485-2033 (H)

PHONE NUMBER

Winter, 2002

PAFB, NC

TERM

SITE

1.

COURSE DESCRIPTION: Students examine the accounting function and its role in
modem business. Basic accounting theory and principles are examined, and some of the
more important contemporary accounting developments are reviewed. Case studies are
analyzed with an emphasis on situations from the student's own work experiences. This
course is designed for consumers as opposed to producers of accounting.

11.

INCOMING COMPETENCY OF STUDENT EXPECTED BY INSTRUCTOR: The
student should be competent in those areas outlined in the college catalog and those
required for admission policies. A background or previous education in accounting is not
necessary. Proficiency in the use of a calculator is recommended.

Ill.

COURSE OBJECTIVES: This course examines the accounting principles practiced by
today's proprietors and corporate managers. The procedures by which businesses gather
and record financial and managerial accounting information are reviewed. Emphasis is
placed on the users' use of the final accounting products (e.g. Financial Statements) in the

IV.

SCHEDULE OF REOUIRED READINGS, CLASS PREPARATION, AND

ASSIGNMENTS, VERBAL STUDENT PRESENTATIONS, DICUSSIONS,

Week 1:

Chapters I and 2; Prepare for class Exercise

Chapter 3 and 4; a.) Present in class assigned leaming
objective, b.) Prepare for class (*) Exercise 3-1,3-2,3-
7,3-8,3-11,4-1,4-2.

Week 3:

Chapter 5 and 6; a.) Present in class assigned learning
objective, b.) Prepare for class (*) Exercise 5-1,5-3,5-
4,5-6,6-1,6-2,6-3.

 

Week 4:

Midterm Exam, Chapters 1-6

Week 5:

Chapter 7 and 8; a.) Present in class assigned learning
objective, b.) Prepare for class (*) Exercise 7-1,7-2,7-
8,7-10,8-1,8-3,8-12,8-13. c.) Turn in take home quiz.

Week 6:

Chapter 9 and 10; a.) Present in class assigned
leaming objective, b.) Prepare for class (*) Exercise
9-1,9-2,9-7,9-10,10-1,10-2,1 0-1 0.

Week 7:

Chapter I 1 and 12; a.) Present in class assigned
learning objective, b.) Prepare for class (*) Exercise
1 1- 1, 1 1-2,11-3,12-1,12-2,12-3.

Week 8:

Chapter 13; a.) Present in class assigned leaming
objective, b.) Prepare for class (*) Exercise 13-1,13-
2,13-3,13-4,13-5,13-8.

Week 9:

Final Exam, Chapters 7-10,and 13.
(*)NOTE: Prepare for class work may be picked-up by the
instructor on an unannounced basis and included in
homework grade calculation.

V.

TEXTBOOK: '' Financial Accounting,
McGraw Hill, 10th edition, 2001.

'' by Robert F. Meigs and Walter B. Meigs,

TO ORDER TEXT: Call Follet DirectNet at 1-800-808-2665. Shipping and handling is $4.50
for the first book and $1.25 for each additional book. Shipments will go UPS.

V1.

SUPPLEMENTAL READINGS: Various articles from ''Wall Street Journal'' and other
sources.

USE OF THE WEBSTER LIBRARY IS ENCOURAGED:

Eden-Webster Library at http://library.websteruniv.edu . Go to Databases and Internet
Resources Selection. Excellent databases include Expanded Academic Index (InfoTrac),
Academic Universe (Lexis-Nexis), Business & Industry, Applied Science & Technology
Abstracts, PsycInfo, SocioAbs (Sociological Abstracts Abridged), and ERIC.

V11.

VISUAIL AIDS: Chalkboard, handouts, and other course materials as required.

 

JANUARY

..

A

VIII. COURSE GRADING:

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COURSE REOUIREMENTS:

PERCENT

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A 100 - 95

Examinations -

A- 94-90

60

B+ = 89 - 87

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Homework

B

86-84

25

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Class work

83-80

15

B-

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C

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79-75

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100

F

Below 75

NOTE: Students are responsible for insuring that all grades of ''I'' have been changed prior to
graduation. After one calendar year has passed, the grade of ''I'' becomes final.

If you are using TA, the military will recover TA funds after 120 days from completion of
the course.

Ix.

CLASS ATTENDANCE: The following Webster University Graduate School policy is
in effect for this course:

A. The student should notify the instructor prior to class if an absence is anticipated and

he/she should not miss more than four hours. Make up work will be assigned and, if
the absences are unexcused, it may exceed the material presented.

B. For absences of eight hours, the instructor has the option to lower the student's grade
	one letter grade and to inform the student of the action.

C. If a student is absent twelve hours or more, the instructor has the option to assign a

grade of F (work that is unsatisfactory) and to inform the student of the action. It is the
student's responsibility to withdraw from the course.

D. For excused absences, when the instructor chooses to award a grade of I (incomplete)

	for twelve to sixteen hours missed, the student must provide acceptable
	documentation to verify that the absences were unavoidable(e.g. illness, military
TDY, etc.). These actions will be coordinated with the director.

E. In all cases, the student should withdraw from the regular course if he/she has more
	than sixteen hours of absences.

X.

ETHICS: Students who are discovered cheating or committing plagiarism will be
awarded a failing grade for the course and may be subject to dismissal for further

discipline.

Reviewed By:

Date:

  2002

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Faculty Coordinator

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Revised 01/01/02

jws