Accounting 1

ACCT BA10 Syllabus

TEACHER: Mrs. Kimberly Renner SCHOOLPHONE: 980-343-6900

ROOM: 131 E-MAIL: kimberlyd.renner@cms.k12.nc.us
PLANNING: 1st Period TUTORING: Thursday after school until 3:30pm
unless noted by teacher

DESCRIPTION
This course is designed to help students understand the basic principles of the accounting cycle.
Emphasis is placed on the analysis and recording of business transactions, preparation, and
interpretation of financial statements, accounting systems, banking and payroll activities, basic types of
business ownership, and an accounting career orientation. Mathematics is reinforced. Work-based
learning strategies appropriate for this course include cooperative education, entrepreneurship,
internship, mentorship, school-based enterprise, service learning, and job shadowing. Apprenticeship is
not available for this course. Future Business Leaders of America (FBLA) competitive events, community
service, and leadership activities provide the opportunity to apply essential standards and workplace
readiness skills through authentic experiences.

OBJECTIVES
1.00 Understand the purpose and tools of accounting.
1.01 Understand the role of accounting in business operations.
1.02 Understand the forms of business ownership and types of business structure.
1.03 Understand skills necessary to create and edit spreadsheets.
2.00 Understand accounting professionalism.
2.01 Understand Generally Accepted Accounting Principles.
2.02 Understand the AICPA code of Professional Conduct and Ethics.
3.00 Understand fundamental accounting concepts.
3.01 Understand the accounting equation, debits, and credits.
3.02 Understand double-entry accounting journal entries.
4.00 Apply accounting procedures for journal entries.
4.01 Apply procedures to prepare and post journal entries for a service business.
4.02 Apply procedures to prepare and post journal entries for a merchandising business.
4.03 Apply accounting procedures to prepare worksheets and adjusting entries.
4.04 Apply accounting procedures to prepare financial statements.
4.05 Apply accounting procedures to prepare closing entries.
5.00 Apply accounting procedures to perform banking and payroll activities.
5.01 Apply procedures to reconcile a bank statement and prepare related journal entries.
5.02 Apply procedures to maintain a petty cash fund and prepare related journal entries.
6.00 Apply accounting procedures to perform selected specialized accounting activities.
6.01 Apply procedures to prepare journal entries for notes payable and notes receivable transactions.
6.02 Apply procedures to prepare journal entries for uncollectible accounts transactions.
6.03 Apply procedures to prepare journal entries for straight-line depreciation and disposal of plant assets.

GRADING
Students will receive frequent feedback and progress reports (check school website for dates). Missed
work should be made up immediately.

Formal (testing, major projects, etc.) - 60% 1st/3rd quarter – 70% 2nd/4th quarter
Informal (quizzes, classwork, homework) - 30%
Final Exam – 20% of final grade
ACCT BA10
Accounting 1 Syllabus

POLICIES & EXPECTATIONS

1. Attendance is critical. According to CMS policies, 11 absences will result in a failure of the class. It is the student’s
responsibility to obtain any makeup work. All makeup work must be completed before or after school in the
computer lab or at home. If the assignment or test missed is not made up, a grade of “0” will be given.
2. Equipment—The student is responsible for textbooks, computer equipment, and any other material used in this
classroom. NO FOOD (including candy & gum), DRINK or any other substance that will damage equipment is not
allowed in the computer lab. Students may be held financially responsible for any missing or damaged equipment.
Cell phones will not be allowed to be charged on computers or outlets in the classroom
3. Listen and follow instructions. When the instructor is talking, the student needs to listen. It is physically impossible to talk
and listen at the same time. The student must complete assigned work as instructed and follow all classroom
policies. The student must not interfere with the learning process of others.
4. Unexcused tardies are NOT acceptable. Tardy policy is posted in the classroom.
5. Participation is essential. The student is expected to be on task and to participate in the classroom activities. If the
student does not participate, they can expect to receive a “0” for the activity grade. It is through these activities
that the student will gain mastery of this course.
6. Internet usage. The streaming of audio and or video, playing games on the computer (unless permission has been
given by the teacher), the use of chat rooms, email, or using the Internet for non-educational purposes is
prohibited. It is against school policy to download and install ANY software not currently installed on your computer.
Computers will be monitored at all times. If the student violates this rule, they will be referred to the appropriate
administrator for disciplinary action, and computer privileges will be revoked. Consider this your warning. STUDENTS
ARE EXPECTED TO BE RESPECTFUL AND RESPONSIBLE AND TO ABIDE BY ALL SCHOOL RULES.

7. Bathroom Policy – In the case of an emergency, students will be allowed to use the bathroom. Students are NOT
allowed to use the bathroom the first 15 and last 15 minutes of class

8. Fire Drill/Evacuation Policy – When evacuating the building students are to stay close to the teacher. I will take
attendance once we have exited the building. Anyone that cannot be easily found will be written up for skipping.
Take all belongings with you when exiting the building.

9. Tutoring – Every Thursday after school from 2:30 – 3:30 unless noted by teacher.

V. CONSEQUENCES:
1. Warning
2. Student/Teacher Meeting
3. Parent Contact
4. Office Referral

Consequences may be bypassed depending on severity of infraction.

1ST DAY STUDENT FOLDER

Please return the items requiring a signature ASAP.
The following items should be in your folder. You are asked to share this folder with your parents and have them
sign the documents that require a signature.
1. Syllabus – signature page
2. Rules and responsibility

REQUIRED SUPPLIES (NEED WITHIN A WEEK OF CLASSES STARTING)

 Suggested: 3 subject with pockets Notebook College Rule
ACCT BA10
Accounting 1 Syllabus

I have read and understand the classroom polices and consequences.

Student Signature: _______________________________________

Parent Signature: ________________________________________

Parent E-mail Address:___________________________________

Parent Phone number: __________________________________