Access, utilize, evaluate and synthesize quantitative and qualitative information in making business decisions.

Course Syllabus ACCT 201 - Accounting Principles I

Hybrid (Face-to-Face and Online): T / 5:30PM-10:00PM; online classroom located at uiulearn.uiu.edu

Instructor Information

Instructor Name:

Faculty Email:

Availability: By request

Course Description

Semester Credits: 3

Catalog Course Description: Step into the world of accounting with ACCT 201 - Accounting Principles I. Here, you`ll unravel the fundamentals of financial accounting. Immerse yourself in the art of creating and interpreting financial statements, understanding assets, revenues, and expenses in business organizations. This course lays the foundation for your journey in accounting, equipping you with essential skills for analyzing and reporting business transactions. It`s more than just numbers; it`s about acquiring a strategic insight into the financial narratives that drive businesses, preparing you for a successful career in the financial world. Meets the quantitative reasoning requirement in The Peacock Professional Experience (“general education”).

Prerequisites: Achieve an ALEKS placement score of 30-60 or MATH 101, MATH 105, MATH 107, MATH 220, or transfer course equivalent.

Credit Hour Policy: As a requirement of HLC Accreditation, all UIU courses, regardless of meeting schedule or instructional mode, follow the Federal Credit Hour Definition. As such, each credit hour earned at UIU is equivalent to a minimum of 45 hours of student engagement.

For more information on how specific instructional modes meet this requirement, please see UIU’s Policy Guidelines for Instructional Time Expectations: UIU Policies.

Course Required Materials & Resources

It is the student’s responsibility to make sure the student has access to all required course materials by the start of the session.

CNOWv2 for Warren/Jones/Tayler`s Accounting, 2 terms Instant Access Authors: Carl Warren;Jefferson P. Jones;William B. Tayler;

Edition: 29TH 24

Publisher: Cengage Learning

Format: VitalSource Delivered Courseware

CNOWv2 for Warren/Jones/Tayler`s Accounting, 1 term Instant Access Authors: Carl Warren; Jefferson P. Jones; William B. Tayler

Edition: 29TH 24

Publisher: Cengage Learning

Format: VitalSource Delivered Courseware

Ordering Textbooks. Purchase your textbook through the online university bookstore, BNC Virtual, or by phone at (800) 325-3252.

Course Outcomes

Analyze, record, and report business transactions.

Prepare financial statements: Balance Sheet, Income Statement, and Statement of Cash Flows.

Compute inventory cost using LIFO, FIFO and average cost methods.

Interpret results of operations using financial accounting information (primarily from the accounts: cash, receivables, and payables).

Calculate and identify methods of recognizing depreciation cost for fixed assets.

General Education Outcome: Students will be able to apply mathematical concepts and skills to solve problems and communicate solutions.

Program Student Learning Outcomes

1. Access, utilize, evaluate and synthesize quantitative and qualitative information in making business decisions.

2. Understand how internal and external environments impact functional areas of business.

3. Communicate effectively in various forms, such as written, oral, visual or electronic formats.

General Education Assessment

Upper Iowa University is committed to ensuring that all undergraduate students participating in its general education program receive a broad education, while gaining essential professional skills across multiple disciplines. The Peacock Professional Experience provides nine learning outcomes, each of which articulates a specific skill students should gain, and are supported by knowledge provided by the courses students choose to take within the guidelines of the program. The outcome assessed in this course is the last outcome listed under Course Outcomes.

Course Requirements and Grading Criteria

Course Requirements

Participation

Information from class discussions, lectures and exercises will be used for the exams and quiz. Attendance is strongly encouraged. Instructor will not provide notes for missed class.

Course Policies

During all exams, cellphones are NOT permitted. If you are more than 15 minutes late for and exam, you will receive a different version of the exam. Students are NOT permitted to leave class once the exam has begun.

Grading Criteria

Grading Scale

Grades and Feedback

All graded work available must be posted in the uiuLearn Gradebook by Sunday at 11:59 p.m. (CT) one week before the course drop date and posted by Sunday at 11:59 p.m. before the final week.

Turnitin

Turnitin is a tool for teachers and students to ensure academic integrity by checking the originality of submitted papers to avoid plagiarism and support academic integrity.

Students should be aware that Turnitin scans submitted work and compares it to ALL other sources on file.

Course Evaluation & Feedback

UIU is committed to providing an exceptional learning experience for every student. To achieve this, we believe in the power of continuous improvement, and your feedback is an invaluable part of this process. Toward the end of this course, you will be invited to participate in a brief student opinion survey. This survey consists of only 13 questions and is designed to gather your insights and reflections on your experience in this course. We collect this data first to enhance future courses. Your feedback helps us identify areas of strength and opportunities for improvement in our classes. By sharing your experiences, you directly contribute to improving future students` education quality. Second, we want to understand the student experience: Beyond this course, your input provides a snapshot of the broader student experience at UIU. This understanding helps us make informed decisions that benefit the entire student body.

Incompletes

Occasionally it becomes necessary for an instructor to award a student a grade of incomplete (“I”). An incomplete grade is exceptional and given only to students whose complete coursework has been qualitatively satisfactory but who have been unable to complete all course requirements because of documented cases of injury, illness, death in family, personal crisis, military deployments, or other circumstances beyond their control. This grade should not be awarded in cases where the student “fell behind” due to absences without explanation, other class commitments, and/or work obligations.

Course Schedule

Week 1-7 is Monday through Sunday. Week 8 is Monday through Thursday.

Due dates posted in uiuLearn (Any additional due dates will be discussed in class.)

Week 1

Week 1 Topic: Chapters One and Two

Activities: Lecture and discussion covering the assigned chapters Online: See Discussion Board and Quizzes on uiuLearn Assignments: Chapter 1 & 2 basic exercises

Week 2

Week 2 Topic: Chapters Three and Four

Activities: Lecture and discussion covering the assigned chapters Online: See Discussion Board and Quizzes on uiuLearn Assignments: Chapter 3 & 4 basic exercises

Week 3

Week 3 Topic: Chapters Five and Six

Activities: Lecture and discussion covering the assigned chapters Online: See Discussion Board and Quizzes on uiuLearn Assignments: Chapters 5 & 6 basic exercises

Week 4

Week 4 Topic: Midterm Exam on Chapters 1-5 Activities: Midterm Exam on Chapters 1-5 Online: See Discussion Board on uiuLearn Assignments: Review for exam

Week 5

Week 5 Topic: Chapters Seven and Eight

Activities: Lecture and discussion covering the assigned chapters Online: See Discussion Board and Quizzes on uiuLearn Assignments: Chapters 7 & 8 basic exercises

Week 6

Week 6 Topic: Additional Project - Mardi Gras - no class Activities: Additional Project – see uiuLearn

Online: See Discussion Board on uiuLearn Assignments: Additional Project – see uiuLearn

Week 7

Week 7 Topic: Chapters Nine and Ten

Activities: Lecture and discussion covering the assigned chapters Online: See Discussion Board and Quizzes on uiuLearn Assignments: Chapters 9 & 10 basic exercises.

Week 8

Week 8 Topic: Review and Final Exam on Chapters 1-10

Activities: In-class review session and additional work for all chapters assigned Online: Final Exam on Chapters 1-10

Assignments: Prepare for Exam

Course Expectations

Email

Upper Iowa University employees and students are issued a UIU email account (doej@uiu.edu). University email communications will only be sent to UIU email address. Faculty and staff are not obligated to respond to students using non-UIU email accounts.

Technology Requirements

Students and faculty should have access to a reliable up-to-date computer, updated virus protection, and an Internet connection to access course materials and complete course activities.

Late Work

Will be reviewed on a case-by-case basis.

Professional Writing and Speaking Guidelines

Communications in class and online should follow the Student Conduct and Discipline, Respect for the University Environment, and Code of Student Responsibility in the Student Handbook. Respect the opinions of others using appropriate language and communications.

Generative AI Use Policy

In this course, we will follow guidelines that fall under the category of Permissible Use with Attribution. AI tools may be used more broadly (e.g., research assistance, creative projects) with full attribution. Students must disclose contributions and cite tools used.

University Policies

University Policies are listed in detail within the course content on uiuLearn. Students are responsible for reviewing and understanding the applicable policies.

Academic Misconduct

Cheating, academic dishonesty, and plagiarism constitute a violation of the offender’s integrity, as well as the integrity of the entire University; they will not be tolerated.

Violators will receive sanctions based on the level of academic misconduct. Policy AA-

107.2 can be found here.

Video Conference and Attendance

Students are expected to attend class via the learning experience in which they are registered for a course: In Face-to-Face, Hybrid, and Video Conference Courses; with instructor consent, students may attend the course via synchronous video conference (i.e., Zoom) and be counted present for attending the class session for up to two consecutive class periods. Policy AA-125 can be found here.

Academic Accommodations

It is the policy of Upper Iowa University to ensure equal access to educational and co-curricular activities to students with disabilities as mandated by the Americans with Disabilities Act Amendments Act (ADAAA) and Section 504 of the Rehabilitation Act of 1973. A student seeking accommodations should contact the Director of Student Accessibility Services as early in the session as possible. In order to receive accommodations, students are required to disclose their disability to the Director by completing an application for services that can be found on the Student Accessibility Webpage. In addition to the application packet, the student is required to submit supporting documentation. Submit these to the