Second Summer 2012
Name: Roberta Allen Office No: BA Building, Room 362E
Phone No. 834-2032 Office Hours: M-R 4:00 – 5:00 p.m. and by appointment
E-mail address: email@example.com Web address: http://rallen.ba.ttu.edu
Required Course Materials - PURCHASE IMMEDIATELY
A. Course Text – Porter and Norton: Financial Accounting (7th edition) – The Impact on Decision
Makers, custom print (available at the bookstores) with CengageNow online homework website
access. If you get a used book, you will have to purchase a CengageNow access code separately.
B. Activity Packet and Mini Practice Set – Acct 2300 - Summer 2012 - Allen (available in Room 107,
first floor at the east end of the new Business Administration building across from vending machines,
accepting cash or check, but NO CREDIT CARDS)
C. Four-Function Calculator. A four-function calculator is one that has the following functions:
subtracting, adding, multiplying, and dividing. The calculator may also have: a) a % key,
b) a square root key, c) a single-number memory. Use of ANY OTHER type of calculator is not
D. Four orange scantrons. Put your name and section number on the BACK of each scantron.
E. 3 X 5 index cards (approximately 50). These may be white or colored, lined or unlined as you prefer.
(see pages 3-1a through 3-1d in the Activity Packet or my website for more instructions)
F. Pencil and eraser. Do all your work in pencil.
Accounting is the language of business. Mastery of this language is imperative for long run business success – those
who understand accounting can better analyze the operations of a business, its financial position, and its future prospects.
A solid grasp of accounting strengthens one’s ability to make good financial and economic decisions and better able to
choose between alternative investment options, better able to make appropriate pricing decisions, better able to manage costs,
better able to allocate resources between different departments or divisions within a business, and generally better able to
distinguish good companies, and good managers, from those whose talents and prospects are only average or worse.
Upon successfully completing this course, students will be able to:
Describe the objectives of financial reporting
Understand the accounting cycle
Identify account names and their characteristics
Demonstrate the effect of business transactions on the accounting equation
Apply accounting assumptions, principles, and constraints to measure, record, report,
and interpret business transactions
Use the rules of debit and credit to record transactions
Combine individual measurements of accounting elements into financial statements
Demonstrate an understanding of the relationships of the elements on the financial statements
The expected learning outcomes for the course will be assessed through exams, in-class activities, homework,
and assignments. To be successful, you must devote sufficient time and attention to homework and assignments.
Those who do not actively participate in the learning process through completion of these activities and reading
assignments will find that they do not do as well in the course.
Course Grade Determination
A. Course activities carry the following weights Points Grade Assignment
Regular exams (3 @ 100 points each) 300 A = 423 points and above
Comprehensive final exam 100 B = 376 to 422 points
Homework (12 chapters @ 3 pts each) 36 C = 329 to 375 points
Participation 34 D = 282 to 328 points
Total points 470 F = less than 282 points
B. HOMEWORK: Homework is required to give you practice in applying the accounting concepts you have
learned and to prepare for examinations. Homework points are earned by chapter and are graded online
only. Homework exercises and problems come from the end of each chapter in your textbook.
Homework should be completed as instructed in the textbook on notebook paper and then answers
should be submitted on CengageNow. Do not shortcut by working your homework directly
online. Your learning is greatly enhanced by working the homework without relying on guidance from
CengageNow. If you complete the chapter homework by the due date and time with an overall score
of 80% for the chapter, you will receive 3 points for that chapter’s homework. There will be no credit
for late homework, nor partial credit for individual exercises or problems within the chapters.
(Homework problems or exercises with asterisks are not on CengageNow, but should be completed on paper.)
Due at Homework
Chapter noon on BE=Brief Exercise, E=Exercise, P=Problem
1 T 7/17 E1-6, E1-7, E1-8, E1-10, P1-5
2 T 7/17 E2-1, E 2-5, E2-7, E2-8, E2-9, E2-12, P2-3, P2-7
3 M 7/23 E 3-3, E3-6, E3-10, E3-11, P3-9, P3-10
4 M 7/23 E4-18, E4-22, E4-27*, E4-32, P4-3
5 M 7/30 E5-6, E5-7, E5-11, E5-12, E5-19, E5-14, P5-10
6 M 7/30 BE6-2, E6-3, P6-1
7 M 7/30 E7-2, E7-5, P7-2, P7-1*
8 M 8/6 E8-1, E8-3, E8-4,E 8-5, E8-6, E8-7, E8-8*, E8-11*
9 M 8/6 E9-1, E9-5, E9-7, E9-11, E9-16, E9-17
10 M 8/6 E10-2, E10-3, E10-5, E10-16*, E10-17*, (SL ) P10-8A*
11 R 8/9 E11-2, E11-3, E11-4, E11-5, E11-6, E11-7, E11-8
12 T 8/9 E12-14, E12-15, E12-17, P12-1
C. ASSIGNMENTS: Assignments are in addition to and different from homework. Assignments count
as part of your Participation Grade (see below). An assignment can include, but is not limited to
reading, answering written reading questions, working in the Mini Practice Set, preparing materials for
class, etc. You can find the assignments and due dates on my website.
Written assignments are due at the beginning of class. Late assignments will not
accepted. Make sure you can locate your assignment and that you have put your name, row and seat
number on it before it is called for so you can turn it in or have it checked at the beginning of class.
It is critical that you attend class and participate in all class activities.
Each day you attend class and participate in class activities you will receive 2 points.
To qualify for participation points you must be present for the entire class period,
participate in the classroom activities, bring all required materials, and have completed
The following are examples of types of behavior that will disqualify you from receiving the
Absence, tardiness, or leaving early
Talking, texting, cell phone or other electronic device interruptions or usage, and other disruptive or
Sleeping, reading newspapers, studying for other classes, and other non-attentive behavior
Failure to bring required materials to class (examples: textbook, activity packet, mini practice set,
calculator, note cards, pencil, completed assignments, scantrons, etc.)
Inability to answer questions or other evidence of a failure to prepare for class.
Failure to complete class work.
Attendance is part of the participation grade (see above). I do not track excused/unexcused absences.
Instead, you can earn a total of 38 points for participation. You therefore have 2 days you can miss
without decreasing your grade.
F. EXAM DATES and PROCEDURES:
YOU ARE EXPECED TO PLAN YOUR PERSONAL SCHEDULE AROUND THESE EXAM DATES.
Date Time Location Material Tested
Monday 7/23 2:00 – 3:50 p.m. Normal classroom Chapters 1-4
Monday 7/30 2:00 – 3:50 p.m. Normal classroom Chapters 5-7
Monday 8/6 2:00 – 3:50 p.m. Normal classroom Chapters 8-10
Friday 8/10 8:00 – 10:30 a.m. Normal classroom Comprehensive
A photo ID and a 4-function calculator will be required for all exams. You must be on my roll to sit for
NO hat/head-covering of any kind can be worn during the exam.
No study materials (books, book bags, notes, handouts, flashcards, etc.) can be brought to your seat.
If there is room at the front or back of the classroom you may leave your materials there, if not, you will
be required to leave them unattended outside the classroom.
NO cell phones or any other electronic devices will be allowed on your person or at your seat. These
items should be left at home, or in your book bag (or purse). All cell phones and other electronic
devices must be turned OFF so that they make no sound of any kind.
Violation of any of these exam rules may result in a reduction of your exam score.
Graded exams will not be returned to the student. Students may review the graded exam during
scheduled office hours until the end of the week prior to the next test.
The comprehensive final exam score can be used to replace an exam missed due to reasons beyond your
control. Documentation will be required and the instructor determines eligibility for the substitution.
Integrity is a minimum requirement for all students participating in accounting courses in the College of Business.
Any breach of academic integrity will be addressed as outlined in University policies.
Any student who, because of a disabling condition, may require special arrangements in order to meet course
requirements should contact the instructor the first week of classes to make necessary accommodations.
Civility in the classroom
The Texas Tech University Provost has asked that the following statement be included in this syllabus:
“Students are expected to assist in maintaining a classroom environment which is conducive to
learning. In order to assure that all students have an opportunity to gain from time spent in class,
unless otherwise approved by the instructor, students are prohibited from using electronic devices,
challenging instructor’s authority, eating or drinking in class, coming in late or leaving early,
making offensive remarks, reading newspapers, sleeping or engaging in any other form of
distraction. Inappropriate behavior in the classroom shall result in, minimally, a request to
Any changes in assignments or due dates will be announced in class.
It is the responsibility of each student to attend class and become aware of such changes.