COURSE OUTLINE

Accounting I52
ACC 152 CI001
Term: Intersession 2018 Credits: 3
Prerequisite: Accounting 151 (C Grade) Lecture/Lab Hours: 5.5
Co-requisite: None
Lecture Location: Room 1-310B
Lab Location: Room 2-315
Instructor: Wendy Nahrgang, BBA, CGA, e-mail: nahrgangw1@cnc.bc.ca
CPA
Lecture: Mondays 10:00 am – 11:55 am Lab: Mondays 12:00 pm – 1:45 pm
Thursdays 10:00 am – 11:45 am
Office Hours: : 2:30 – 3:30 Mondays
10:30 – 1:30 Tuesdays
12:30 – 1:30 Thursdays
Room: 2-217
My Accounting Lab ID: nahrgang61191

COURSE DESCRIPTION:
A continuation of the introduction to fundamental accounting concepts and techniques.
Topics include partnership and corporation accounting, investments and shareholders’
equity. The cash flow statement is studied, and financial analysis is introduced. The
computer lab component provides an introduction to electronic spreadsheet software
and computerized accounting software.

COURSE GOAL and LEARNING OBJECTIVES:

Upon successful completion of this course students should have an introductory
understanding of the process of financial accounting, and should understand the
accounting cycle.

ACADEMIC HONESTY AND STUDENT CONDUCT: (standard paragraph – must be

included in all course outlines)
Students are expected to conduct themselves with academic integrity and in
accordance with CNC’s established standards of conduct. Penalties for misconduct,
including plagiarism, cheating and personal misconduct are outlined in the Standards of
Conduct: Student Responsibility and Accountability document found in the policies
section of CNC’s website. All students should familiarize themselves with this
document. http://cnc.bc.ca/Visiting/CNC_Policies.htm
ACCESSIBILITY SERVICES

Students who require academic accommodations as a result of a disability should

advise both the instructor and Accessibility Services. Students requiring support should
familiarize themselves with the College Access: Students with Disabilities policy.
http://cnc.bc.ca/Visiting/CNC_Policies.htm

CLASSROOM BASED RESEARCH

If classroom based research is conducted, the class will be instructed on appropriate

ways of conducting research with human subjects based on the CNC Policy and
Procedure for Ethical Research. The ethical framework for this study will be articulated
by the instructor in the classroom.

REQUIRED REFERENCES:
List to include, but not limited to the following:
• Text book: Horngren’s Accounting Volume 2, Third Custom Edition for the
College of New Caledonia by Tracie L. M, Brenda L. M, Ella Mae M, Carol A. M,
Jo-Ann L. J, and Peter R. N.
• My Accounting Lab
• Calculator (preferably the Sharp EL733A or EL738C)
• CNC Computer Account
• CNC Moodle Account
 • EVALUATION METHODS AND % OF TOTAL GRADE

STUDENT EVALUATION LETTER GRADE /

PERCENTAGES
Online/Manual Assignments (best 10% A+ 90 % - 100 %
7 of 8)
Lab Assignments 10% A 85 % - 89.9 %
In class Assignments 5% A- 80 % - 84.9 %
Mid Term Exams (2 X 20%) 40% B+ 76 % - 79.9 %
Final Exam 35% B 72 % - 75.9 %
Total 100% B- 68 % - 71.9 %
C+ 64 % - 67.9%
C 60 % - 63.9%
C- 55 % - 59.9%
D 50 % - 54.9%
F 0 % - 49.9%

METHODOLOGY:

Topics will be discussed and examples will be utilized to illustrate the topic. Students
will also be given exercises to work on in class either alone or in groups.

NOTES:

1. Online assignments and 1 manual will be assigned for each chapter and should
be completed on-line, using My Accounting Lab. The best 7 will count. (10%) No
late assignments will be accepted
2. 4 lab assignments will also be given. No late assignments will be accepted.

3. Occasionally there may be in class group assignments which will be based on

readings. (5%)
4. Ensure you bring your textbook and calculator to all classes.
5. Please read the chapter before class and any other assigned readings,
problems, or exercises
6. Please make use of available office hours or make an appointment if office hours
times are inconvenient for you. Please try to set your appointment at least 2
days in advance but I will try to meet you for office hours even on short notice.
7. If you are unable to write a midterm or final exam at the scheduled time, please
discuss it with me before the test is to be written. Otherwise, if you miss a test
or exam, you will receive a grade of zero.
8. Please be aware the last day to withdraw is June 25, 2018, without academic
penalty. After this date, students withdrawing will receive an “F” grade.
9. Cell phones and electronic devices (except a non-programmable calculator), are
not permitted when tests and exams are being written.
10. Calculators will usually be checked before or during exams. If you borrow a
calculator from a friend make sure there is no writing inside.
11. Students should only write Final Exams during the Final Exam period
12. Please be respectful in class and avoid talking or other distractions that could
affect the learning of others. Let us all learn well together!
TENTATIVE SCHEDULE (Subject to Change)

Week Dates Monday Monday Lab Thursday

1 May 7 & 10, 2018 Introduction Introduction/ Chapter 1: Current
Chapter 1: Current Excel #1 Liabilities and Payroll
Liabilities and Payroll Chapter 2:
Partnerships
2 May 14 & 17, 2018 Chapter 2: Excel #1 Review
Partnerships

3 May 21 & 24, 2018 Stat Stat No Class

4 May 28 & 31, 2018 Midterm: Sage #1 Chapter 3:

Chapters 1 - 2 Corporations: Share
Capital and the
Balance Sheet
5 June 4 & 7, 2018 Chapter 3: Sage #1 Chapter 4:
Corporations: Share Corporations: Retained
Capital and the Earnings and the
Balance Sheet Income Statement
6 June 11 & 14, 2018 Chapter 4: Sage #2 Chapter 5: Long Term
Corporations: Retained Liabilities
Earnings and the
Income Statement
7 June 18 & 21, 2018 Chapter 5: Long Term Sage #2 Review
Liabilities

8 June 25 & 28, 2018 Midterm: Excel #2 Chapter 6: Investments

Chapters 3-5 and International
Operations
9 July 2 & 5, 2018 Stat Stat Chapter 6: Investments
and International
Operations
10 July 9 & 12, 2018 Chapter 7: Cash Flow Excel #2 Chapter 7: Cash Flow
Statement Statement

11 July 16 & 19, 2018 Chapter 8: Financial Review Review

Statement Analysis

12 July 23 & 27, 2018 Exam Week

On-line/Manual Assignment Due Dates

Cut-off is 11:00 pm on the due date.

Chapter 1 – manual Monday, May 14

Chapter 2 – online Sunday, May 20
Chapter 3 – online Sunday, June 10
Chapter 4 – online Sunday, June 17
Chapter 5 – online Sunday, June 24
Chapter 6 – online Sunday, July 8
Chapter 7 – online Sunday, July 15
Chapter 8 – online Sunday, July 22

Lab Assignments

Lab Assignments are due in class per the schedule below:

Lab Excel #1 Monday, May 28

Lab Sage #1 Monday, June 11
Lab Sage #2 Monday, June 25
Lab Excel #2 Monday, July 16