ACC 111 Accounting Concepts
Course
Description:
This course is a study of the principles of the basic
accounting functions—collecting, recording, analyzing, and reporting
information. Chapter 1-8 are covered in this course.
Topics Omitted:
Chapter 4: Appendix 1: Work sheet pages 175-176B
Chapter 6: Appendix 1: Accounting systems for merchandisers pages
273-276; Appendix 2: Periodic inventory method pages 277-280
Chapter 7: Objective #4: Cost of inventory under the periodic cost flow, pages
315--318; Objective #7
Textbook Ancillaries:
When you purchase a new course
textbook, you receive access codes for WebTutor Advantage and CengageNOW
(formally ThomsonNOW).
These are web-base learning resources specifically designed to supplement
the course and provide a whole new dimension of productive study. Your
instructor will explain how to register and access the products. Directions
are also available within the WebCT tutorial site (ACC_tutorial_22e) or your
instructor’s website for the course. Please Note: If
you purchase a “used” textbook, you will be required to buy the WebTutor and
CengageNOW separately.
WebTutor:
No two students have identical study
needs. That's why WebTutor Advantage is so valuable. It focuses on
individual study efforts where they're needed most. This Web-based product
reviews critical text material chapter-by-chapter. Concepts are reinforced
through PowerPoint presentations, on-line videos, exercises, problems,
cases, flashcards, self-tests, and other online resources.
CengageNOW:
CengageNOW is an Internet-based product
designed to help students complete all of their end-of-chapter exercises and
problems. Students receive automatic and instant scoring. Students
struggling with a particular problem can access hints and tips to expand
their understanding of the concepts. In addition, all department assessment
activities will take place in CengageNOW, so it is important to register
your product. Click here for handout on
registering and click
here for handout on
taking
assignments in CengageNOW.
Course
Outcomes and Competencies:
As part of the
Business department’s commitment to teaching effectiveness and ongoing
student learning outcomes assessments activities the following outcomes
and competencies have been developed for ACC 101:
Intended Course Outcome #1: Students will demonstrate overall knowledge of the learning objectives for introductory accounting.
Course Competency (Performance Measure): Students will demonstrate understanding of financial transactions and financial statements, and understanding of the accounting concepts involving assets, including cash, receivables, inventory, and fixed assets.
Measurement Instrument and Success Criteria: A standardized departmental final exam developed by accounting faculty that is based on the course learning objectives will be administered each semester. Please contact your instructor for additional information. A practice review for the final and the solutions are available. Simply click on the links below. Good luck. Please note: When opening these files, if you see a dialog box requesting a password, simply hit "cancel".
Topics
for exam
Practice
review for final exam Solutions
to practice review for final exam
Chapter Handouts:
There
are 8 chapter handouts for this course. You may open or download the
files. Some of these files are large (30-40 pages), therefore it may
take several minutes to access them. These handouts are designed to
reinforce the learning objectives of Accounting 111. They are NOT
intended to replace reading the textbook and/ or doing the homework. You
are responsible for reading all assigned pages in each chapter!
Note: If you do not have Microsoft Word on your computer, to view these
documents, you will need to
download
the MS Word Viewer from the Microsoft website and click the
"Download Now" link. Once you have done this, you may use
your browser's BACK button to return to this page.
Chapter PowerPoint
Presentations:
There
are 8 chapter PowerPoint presentations for this course. You may open or download the files.
These are large files so be patient, it may take several minutes to
access them. These presentations are developed by the
publisher and are designed to reinforce the learning objectives of Accounting
111.
They are NOT intended to replace reading the textbook and/ or doing the
homework.
Note: If you do not have Microsoft PowerPoint on your computer, to view these documents, you will need to download the MS PowerPoint Viewer from the Microsoft website and click the "Download Now" link. Once you have done this, you may use your browser's BACK button to return to this page.
| ACC 111-Chapter 1 | ACC 111-Chapter 5 |
| ACC 111-Chapter 2 | ACC 111- Chapter 6 |
| ACC 111-Chapter 3 | ACC 111-Chapter 7 |
| ACC 111-Chapter 4 | ACC 111-Chapter 8 |
Homework
Solutions:
No solutions are provide since students are expected
to use the CengageNOW product to complete their homework.
Interactive Study
Center:
Click here to access the
Student's
Interactive Study Center that is sponsored by the publisher. Simply
follow the on-line instructions and be sure select a chapter. (Select the
"back" button to return to this page). Here you will be
able to review the chapter concepts through E-Lectures and links to
the PowerPoint presentations. In addition, there are step-by-step presentations
of the chapters' Illustrative Problem and the solution to improve your skills in solving accounting problems. You may also want to review the answers to the Frequently Asked Questions to aid your understanding of the
important topics in the chapter or review the Internet Applications.
You can test your understanding of the chapter material by taking an Interactive Quiz
and reviewing the feedback. Please note: Do not forward the answers to
your instructor unless you are required to do so.
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Please send any questions or comments regarding this website to
Janice
Stoudemire at
stoudemirej@midlandstech.edu
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