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									                                                          Summer 2012

Bus-1A – Financial Accounting
Class Code Number 30167
Online Class Format
Prerequisites: None
Credit: 4 Units.
Acceptable for Credit: UC/CSU

Anna Rovira Beavers
E-Mail Address:

This course is concerned with the recording and summarizations of business transactions for the purpose of preparing financial
statements for external users. The student will be introduced to basic financial accounting concepts used in organizations
within various industries. The Income Statement, Balance Sheet, and Statement of Retained Earnings will be covered. In
addition, the course will cover proper recording, presentations, and disclosure of cash, receivables, inventory, fixed and
intangible assets, liabilities, equity, and investment transactions.

Upon completion of this course, students are expected to demonstrate their abilities in the following areas:
    •    Describe the uses of accounting in business
    •    Analyze business transactions with a through understanding of accrual accounting rules.
    •    Understand the accounting cycle and the corresponding transactions.
    •    Understand the nature of internal controls and recording for current assets and current liabilities.
    •    Acquire an understanding of long-term assets and calculating various depreciation methods.
    •    Record inventory for merchandising and manufacturing organizations.
    •    Understand the management of liquidity and cash flow. Valuation and classification of current and long term liabilities
         and bonds payable.
    •    Understanding of stockholder equity, such as common and preferred stock issuance and recording.

     1. Prepare financial statements for a publicly held organization including the income statement, balance sheet, and
          statement of retained earnings using the multiple step and single step format.
     2. Recognize the information conveyed in each of the basic financial statement and what it means from a user, decision
          maker perspective.
     3. Using accrual method of accounting, identify investing and financial transactions to measure the performance of a
          business and demonstrate how they are reported and analyzed.
     4. Compute and interpret profitability, liquidity and solvency ratios.

Characteristics of successful online students:
              • Self-disciplined and self-motivated
              • Enjoy challenges and working through them
              • Able to communicate well through writing
              • Basic understanding of technology and a willingness to learn more

Students enrolled in this course should have:
    1. access to a computer with reliable internet
    2. personal email address
    3. basic computer skills
             • Able to use word processing program, compose emails (with attachments), organize files
             • Basic internet skills
             • Able to use a browser, conduct searches, upload and download files

How does this online class works?
The summer semester is six weeks in length. Every week we will cover two chapters. Each week there will be a discussion
forum, a homework assignment for each chapter, and a Test covering both chapters.
An online week begins on Monday 12:00 am and ends on Sunday 11:55 pm. All week’s work must complete during that time.
Once an assignment is closed it cannot be reopened.
The course is challenging and it will require spending a minimum of 15 hours a week. If you can make this commitment, you
will do well. Otherwise, I recommend you wait until the Fall Semester to take the class. To reassure you, last summer most of
my students that took this class did extremely well, but they worked very hard.

Course websites:
We will be using Moodle the Peralta Distance Education Portal. Our communication will be through Moodle. Please make sure to check
your profile to ascertain that your email address is the one you are using, otherwise, you can change it when you first login.
The homework, extra credit and tests will be done in Connect. See instructions in pages 4 and 5.

   What are the major challenges of an online class?

   The major challenge in the Online format is procrastination. You must treat this class as a regular face to face class where are
   assignments are collected by the instructor on a certain date, and where the test are also given on a certain date. Good
   planning and enthusiasm will prevent you from procrastinating.

                                                    Online Class
                                        Recipe for Succeeding Online Class

    1. Make a schedule of the times you plan to spend studying for this course. (You should plan spending 12 to 15
       hours a week) Stick to that schedule.
    2. Log into the course website every day.
         a. On a daily basis, and check on messages from the instructor or other students.
    3. Browse the Chapter Studying Materials
         a. First see the PowerPoint
         b. Read the book
         c. Take the practice quizzes
         d. Check the video
         e. Do the Homework
    4. Set a reminder to answer the weekly discussion question by Wednesday, and reply to a classmate’s post by
    5. Do not wait until Sunday evening to complete the weekly assignments or tests, since you may not have enough
       time to complete them before the due date and time. The instructor will not re-open assignments.

   Online Study Materials:
   This course website contains several studying materials that will help you master the subject in each chapter.
                 •   PowerPoint slides to help you overview and summarize each chapter
                 •   Narrated PowerPoint slides
                 •   I-Pod download
                 •   Videos. These are very helpful to get understand the calculations covered in each chapter.
                 •   Practice quizzes, very useful before taking a test.
                 •   And of course, you textbook.

   Title:                 Financial and Managerial Accounting, Information for Decisions
   Authors:               Wild, Shaw and Chiappetta
   Edition:               4th

Options for Purchasing The Textbook:

1. Purchasing the textbook in the Laney College Bookstore:

         This is customized loose leaf copy containing the entire textbook and the Access Code to the course website. It sells for
         $143.25. Remember that this package contains the material for both Financial and Managerial Accounting. Therefore, you
         will be not have to purchase an additional book or access card for Managerial Accounting.

 2. Purchasing an EBook and Access Card together:
        The pages are printable and it comes with the access card. The price is $111.75. The EBook can be access for 16
        months after the time of purchase.
        To purchase the Ebook, see below “How to register to Connect”

 3. Purchasing the book from an online site:
    If you decide to purchase a hard copy the textbook, please note that this book is a new edition, which is expensive, and that
    you will also need an Access Card to prepare and submit the homework. The access card can only be purchased from the
    publisher and the cost is $49.99.

    The ISBN# is: 9780078110887 (hardcopy of textbook only)
    (Suggestion: Add the cost of the textbook and the Connect card and compare the total price with the package sold at the
    Laney Bookstore.)
         One final note: You need the textbook (either format) and access card on the first day of

An explanation:
The course website will be through Moodle which is the official Peralta site for online courses. The registration to the site is free and
is based upon students officially register in the class through Passport, the Peralta registration system. If you are in the waiting list,
you will not be able to register until you are officially register for the class.

The course website will provide our basis for communication as well as provide you with a variety of tools to study and help you for
the material for each chapter in the course. Also in
the course website, you will find links to the
homework, tests, and extra-credit assignments.
This link will take to a new site named “Connect”.
Please read instructions below.

How to log to the the course website
1. On the address bar of your internet browser
    It will be a good idea to bookmark this
2. To log in use the following:
Username = your PASSPORT Username all
in lowercase

Password = your Student ID Number

For example, a student named Homer Simpson with a Student ID number of 12345678 will login using:
  Username: hosi5678
   Password: 12345678

Write down the username and
password in case you forget.

3. Once you register you will see all
   courses that you are taking on the
   left side bar.
  Click on the course BUS 1A -FINANCIAL

 Online. You are now on the course website.

    Once on the course webpage, spend sometime getting familiar navigating in the page and checking all the icons.

    At the bottom of the introduction page you will see the following link:

    This link will take you to Connect the site where the tests, homework, and extra credit is done. You will need the Connect
    registration card that was included in your textbook package. Use this site if you have decided to purchase an Ebook.

Here is how the registration page looks like.

Registering in Connect:
1. Click on Register Now and follow the instructions, or you can watch a short video on how to register with an access code.

2. Enter you email address. Make sure you use the same email address that you used to register in Moodle, the course
website above.

3. If you purchased the textbook in the Laney Bookstore you will find the access code in your package.

3. Creating an account in Connect
   Make sure to use the same name in the same order as
   when you register in Passport (last name, first name). If the
   name is different and I cannot match them to your official
   registration, you may be dropped. Just be consistent!

4. If you want to purchase the E-Book click on “Buy Online”

    You must purchased Connect Plus. If you purchased a textbook from
    an online source or borrowed the book from a friend, you will need to
    purchase the access card for $49.99

Make sure to write down the password you will be using!


   You will receive numerical scores for your work. The work required will be weighted as follows:

                Grade                        Number           Points          Total            Percentage

Homework                                                11            10              110                     23%
Exams                                                    6            50              300                     64%

Discussions                                               6           10               60                    13%
Total                                                                                 470                   100%
Extra Credit Assignments:
Learn Smart                                             11             4               44
Discussion Forum “Let’s Get
Acquainted                                                1            5                5

       1 Percentages   have been rounded.
       Grading is done on specific performance as opposed to class averaging or grade curve.

                         Points Earned              Grade            %
                       470-423                        A              90%
                       422-376                        B              80%
                       375-329                        C              70%
                       328-282                        D              60%
                       281 and below                  F

   Homework Assignments: (11 assignments @ 10 points each)                                                          110 points
   Homework assignments are an integral part of this course. There will be a homework assignment for every chapter composed
   of exercises and problems. Every assignment is worth 10 points. Please check the class schedule pages 11 through 12 or the
   course website for due dates.
   You will be able to submit homework assignments as many times as you like, only the highest score will count as your final
   As you work on these assignments, you will see the words “Check My Work” which will help you check the accuracy of your

   Additionally, some exercises has the following               icon. When clicking on this icon, it will show you short narrative

   example on how to solve the problem. Not all exercises has this feature but those that due and an excellent way to learn the


   Exams (6 exams @ 50 points each)                                                                                 300points
   There will be 6 exams given during the semester. Each exam is worth 50 points. Just like on campus classes, you will have a
   limited time to take the exam. The exam are given 3 hours, typically it is plenty of time. You only have one opportunity to take
   the exam and it must be done in one setting. You must know the material well to make a good grade.

Discussions (6 @ 10 points)                                                                                           60 points

There will be 6 Discussion Forums worth 10 points each. Discussion questions are designed for maximum student
participation and engagement. It is critical to the success of this course that students contribute to the weekly discussion. I will
post a question associated with the chapter being covered that week in the Discussion Forum. After answering the question,
read some of the classmate’s post and reply to at least one.
Remember that discussion is where participation takes place in the course by “talking” to me or to your classmates.

Students who are absent from the discussion for two weeks or more without contacting the instructor, run the risk of
being dropped from the class.

To obtained the maximum points for each discussion you need to:
         • Responses are early, on topic, original, and contribute to the quality of the discussions.
         • Responses make frequent, informed reference to unit material
         • Responses are clearly written
         • Responses to a classmate that is thoughtful and advances the discussion.

Please remember the following when written your answers to the Discussion Forum:
         • Your answers must be original, written in you own words. Merely repeating material in the text or lectures will not
           be rewarded. Plagiarism can be avoided by always giving credit to the original source through references and
           placing quoted material in quotation marks. Including you own unique arguments, examples and/or ideas is
           required. Participation credit will be lost in any week that a student does not adhere to this.
         • I do not permit profanity in my classes. Five points will be deducted from a student’s grade for “each” instance of
           profane, vulgar or off color speech.

What is Netiquette? Simply stated, it's network etiquette -- that is, the etiquette of cyberspace. And "etiquette" means "the
forms required by good breeding or prescribed by authority to be required in social or official life." In other words, Netiquette is
a set of rules for behaving properly online. Here are some guidelines:
         •    Be Brief when writing your messages. The longer the message the fewer people will bother to read it.
         •    Use descriptive subject lines. The subject line helps people decide whether the message is something they want
              to read.
         •    Avoid typing in upper case letter. Upper case letters is perceived as shouting.
         •    Summarize and snip. When replying to someone else’s post, it is not necessary to include the entire original
         •    Be careful with humor and sarcasm. Without the voice inflections and body lingual of personal communications,
              it is easy for a remark meant to be funny to be misinterpreted.
         •    Pay attention to reply address. Discussion groups vary considerably in their configuration. Using the reply
              function on your email program can send your reply directly to the person who posted the original message or it
              can send response to the entire group.
         •    It is more blessed to give than to received. You may benefit immensely from the information shared. Likewise,
              take the time to share what you know with others.

                  •     Your posts are a reflection on you. Read your post before sending it to correct any errors or phrases that are not
                  •     Do not be judgmental on other classmates post. Everyone makes a mistake once in awhile, whether it’s a
                        spelling error, syntax error, a stupid questions or an unnecessarily long answer, be kind about it. If you decide to
                        inform someone of a mistake, point it out politely, and by private email. 1

      Bonus Activities
      You will be able to increase your grade in case of a low-test grade or a missing grade. The course website contains an 11
      interactive learning tool that are fun, and will help you learn the material cover in each chapter. Your will received 4 points for
      completing each exercise.

      Instructor Availability
      Your success in this course is very important to me. Please do not hesitate to contact me if you have any concerns or
      problems you may want to discuss about your successful completion of this course. The best way to reach me is via email. I
      will try to answer all your questions via email within 24 hrs of the email or sooner.

      Incomplete and Withdrawals:

      No incomplete will generally be granted in this class. There is no provision for administrative withdrawals, that means that
      withdrawing is your responsibility. Remember! If you decided to drop the class, you need to withdraw from the class
      officially through “Passport” the online registration system, or in person in the Admissions Office.

      Stopping from participating in the class or login into the class website, does not generate and automatic DROP.
      If you do not officially dropped, you may earned a failing grade in the class. Please email instructor with questions or

      Academic Dishonesty:
      The College and faculty expect students to be honest in their academic work. Academic dishonesty (e.g., plagiarism and
      cheating) is not acceptable. Academic dishonesty is an ethical issue and defrauds all those who depend upon the integrity of
      the college, its courses, and its degrees.
      Any appearance of academic dishonesty will not be tolerated. The consequences will be severe, including but not limited to, a
      failing grade in the course.


              Business 1A Online Summer 2012
                              Financial Accounting
                            Class Schedule by Week
    The Online Course Week Begins on Monday at 12:00 am and ends on Sunday at 11:55 pm.
Homework and tests: All assignments are due by Sunday at 11:55 pm. After that time,
assignments disappear from the system and you will not be able to complete them.

Discussion Forum: There will be a question per week that must be answer by Wednesday 11:55
pm, then you must reply to a classmate post by Sunday 11:55 pm.

 Introduction       Thursday June 14                               to   Sunday June 17
                1   Purchase the Book (See Class Materials
                    Handout) Please do this right away, delaying
                    purchasing the textbook will affect your
                    performance in the course.
                2   Register into the course website
                    (The Course Website)

                3   Get Familiar with the course

                4   Write "Let's Get Acquainted” Forum, add your        5 points Extra Credit
                    picture and write a little bit about you.

Week 1              Monday June 18                                 to   Sunday June 24
Chapters        1
1&2                 Discussion Forum                                    10 points
                2   Chapter 1 Homework                                  10 points
                3   Chapter 2 Homework                                  10 points
                4   Test I (Chapters 1 and 2)                           50 points

Week 2              Monday June 25                                 to   Sunday July 1
Chapters        1
3&4                 Discussion Forum                                    10   points
                2   Chapter 3 Homework                                  10   points
                3   Chapter 4 Homework                                  10   points
                4   Test II (Chapters 3 and 4)                          50   points

Week 3              Monday July 2                                  to   Sunday July 8
Chapters        1
5&6                 Discussion Forum                                    10   points
                2   Chapter 5 Homework                                  10   points
                3   Chapter 6 Homework                                  10   points
                4   Test III (Chapters 5 and 6)                         50   points

Week 4                         Monday July 9                                                                       to        Sunday July 15
Chapters                 1
7&8                            Discussion Forum                                                                              10   points
                         2     Chapter 7 Homework                                                                            10   points
                         3     Chapter 8 Homework                                                                            10   points
                         4     Test IV (Chapters 7 and 8)                                                                    50   points

Week 5                         Monday July. 16                                                                     to        Sunday July 22
Chapters                 1
9 & 10                         Discussion Forum                                                                              10   points
                         2     Chapter 9 Homework                                                                            10   points
                         3     Chapter 10 Homework                                                                           10   points
                         4     Test V (Chapters 9 and 10)                                                                    50   points

Week 7                         Monday July 23                                                                      to        Thursday July 26
Chapter 11               1     Discussion Forum                                                                              10 points
                         2     Chapter 11 Homework                                                                           10 points
                         3     Test VI (Final Exam)                                                                          50 points




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