Donald F. Hyatt, Associate Professor of Business
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ACCTG 152 Principles of Accounting
Outline & Syllabus
Attendance
Students are expected to be regular in attendance. Excessive absences may affect your grade negatively. In case of an absence, it is YOUR responsibility to find out what was missed and make it up promptly. Tests that you have missed must be taken within one week of a regularly scheduled test. Makeup tests are usually more difficult and are graded more stringently than regular tests.
Text
Accounting Horngreen, Harrison, Bamber, 5th edition
Other Materials: Working papers (OPTIONAL)
Study Guide (OPTIONAL)
Evaluation
The final grade will be determined by your performance on five tests, assigned problems, quizzes, in-class assignments, and other work assigned. Final letter grades will be based on the following percentage schedule of points earned:

Percent

 Grade
100-90 A
89-80 B
79-70 C
69-60 D
59-Below E

Homework and Other Assignments
Students are expected to have all homework assignments completed in a neat manner and in proper accounting format BEFORE coming to class. Periodically a homework assignment will be collected and checked. Quizzes and in-class assignments cannot be made up. All work assigned and not turned in on the due date will have the score reduced 20%. Assignments will not be accepted when they are more than two weeks late.
Approach
Lecture-discussion. Students are expected to participate in class discussion. The exact problems to be assigned as homework will be written on the chalkboard prior to each chapter.
Course Description
A continuation of Accounting 151. Concepts and principles of partnership and corporate accounting, introduction to manufacturing and cost accounting, and management analysis and interpretation of financial data. IN ORDER TO EARN A PASSING GRADE, ALL TESTS MUST BE TAKEN.
Withdrawals and Incompletes
An automatic "W" will be assigned to any student withdrawing from this course in the first 12 weeks. This "W" will be assigned regardless of the quality of work. After 12 weeks, a "W" will be assigned only if the course work is passing at the time of withdrawal. All other students will be assigned an "E". A grade of "I" (incomplete) will be assigned to students whose work is incomplete in a MINOR way. This should be used only for critical situations.

Probable Chapters Covered:
Chapter Topic
12 Accounting for Partnerships
Test 1  
13 Corporate Organization, Paid-in Capital, and the Balance Sheet
14 Retained Earnings, Dividends, Treasury Stock, and the Income Statement
Test 2  
15 Long-Term Liabilities
16 Investments
Test 3  
19 Introduction to Management Accounting
20 Job Costing
21 Process Costing
Test 4  
22 Cost-Volume-Profit Analysis and the Contribution Margin Approach to Decision Making
23 The Master Budget and Responsibility Accounting
17 Preparing and Using the Statement of Cash Flows
18 Financial Statement Analysis
Test 5