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ACCT 1120 ~ FINANCIAL ACCOUNTING II

COURSE SYLLABUS
(3 CREDIT HOURS)
INSTRUCTOR:

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TELEPHONE:

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OFFICE NO.:

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E-MAIL:

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CONSULTATION:

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PREREQUISITES: ACCT 1110.

TEXT:

COURSE
DESCRIPTION:

COURSE
PROCEDURES:

ACCTG LAB:

Principles of Financial Accounting 10th Ed. by Weygandt, Kimmel & Kieso,

published by Wiley with Wiley Plus Access Code
ISBN for package: 978-1-11812380-5

Financial Accounting II is a study of payables; investments; plant assets;

depreciation; current and long-term liabilities; partnerships; corporation
organization, operation, and financing; the statement of cash flows; and financial
analysis.

This course utilizes various procedures and learning experiences including

lectures and class discussion of text materials and solving exercises.
Participation is essential for student success in the course.
Check answers and receive help for assigned problems in the
ACCOUNTING:LAB, (Room BB 211.) CAUTION: No pens, pencils, or any
other media capable of recording information, are allowed near the
solutions desk. Violators of this policy will lose their lab privileges. No
food, drinks, or children will be allowed in the Accounting Lab.

HOMEWORK:

Homework assignments are an integral part of the learning process for

accounting. Departmentally chosen homework problems are assigned for each
chapter and are due as scheduled. Credit will not be given for answers to
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questions that are obviously copied from the solutions manual, and/or do not
demonstrate independent thought (copied from another student).
COURSE
EVALUATION:

Homework Assignments
Interim Examinations
Dept. Final Examination
Total

20%
60%
20%
100%

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GRADING:

Course grades are determined by the students' achieved percentage based upon the
relative weighting for homework assignments and examinations. Grades are
assigned using the following scale:
A
93-100%
B80-82.9
D
63-66.9
A90-92.9
C+
77-79.9
D60-62.9
B+
87-89.9
C70-72.9
E
59.9 or less
B
83-86.9
D+
67-69.9

EXAMS:

Students who need to take an examination at a time other than the scheduled date
will need to make arrangements with the instructor before the scheduled exam.
Rescheduled exams are given at the convenience of the instructor. Students who
take late tests without making prior arrangements with the instructor are subject to
a reduction of up to 25%: or they may not be allowed to take the test at all.
Handwritten notes may be referenced during each interim exam as directed by the
instructor (but no more than one sheet of paper per exam, including the
final exam). Neither the text nor homework may be referenced during any
examination.

FINAL EXAM:

COURSE
LEARNING
OUTCOMES:

1.
2.
3.

Students must score 50% or higher on the final exam in order to pass the course.
The final exam is a departmental exam.

We, at Salt Lake Community College are committed to fostering and assessing the
following student learning outcomes in its programs: substantive in-field knowledge,
communication abilities, quantitative literacy abilities, critical thinking abilities, and
ability to be civically engaged. To that end, the following learning outcomes are an
integral part of this course:

Comply with generally accepted accounting principles (GAAP) (ASLO #1.1) measured by
final exam with desired scores between 70 - 75%
Perform financial statement analysis. (ASLO #1.3) measured by Financial Statement
Analysis Assignment Part 1 with desired scores between 75 85%
Communicate effectively in writing. (ASLO #2.1) measured by Financial Statement
Analysis Assignment Part 2 written paper with desired scores between 75 85%

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Students with medical, psychological, learning or other disabilities desiring accommodations or services
under ADA, must contact the Disability Resource Center (DRC). The DRC determines eligibility
for and authorizes the provision of these accommodations and services for the college. Please
contact the DRC at the Student Center, Suite 244, Redwood Campus, 4600 So. Redwood Rd,
84123. Phone: (801) 957-4659, TTY: 957-4646, Fax: 957-4947 or by email:
linda.bennett@slcc.edu.

A NOTE ABOUT RESPONSIBILITY

Your instructor will provide materials for you to read, exercises for you to participate in, and homework
assignments for you to complete. Your instructor will lecture, moderate class discussions and evaluate
your work. He or she will hold you responsible for developing your understanding and skills relative to
the course content. Your instructor will assume that if you are having difficulty in the course, you will
make arrangements for a consultation. Instructors will remain available to you for assistance in your
understanding of assignment requirements, for clarification of evaluation processes, and for general
discussion of your questions and concerns related to the course.
ACCOUNTING 1120 COURSE OUTLINE

NOTE:
THE FOLLOWING REPRESENTS THE MINIMUM HOMEWORK WHICH IS
ASSIGNED TO ALL STUDENTS ENROLLED IN THIS COURSE COLLEGE-WIDE. YOUR
INSTRUCTOR MAY REQUIRE ADDITIONAL HOMEWORK.
TOPICS COVERED IN ACCT 1120
Chapter 10

Plant Assets, Natural Resources, and Intangible Assets

Chapter 12

Accounting for Partnerships

Chapter 13

Corporations: Organization and Capital Stock Transactions

Chapter 14

Corporations: Dividends, Retained Earnings, and Income Reporting

Chapter 15

Long-term Liabilities

Chapter 16

Investments

Chapter 17

Statement of Cash Flows

Chapter 18

Financial Statement Analysis

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CHAPTER

HOMEWORK PROBLEMS ARE ALL SET A & EXERCISES (E)

10

P10-1, 3, 4, 6, 7, 9

12 include Appendix A

E12-1; P12-1, 2, 3, 4, 5

13

E13-2; P13-1, 2, 4, 6

14

P14-2, 3, 5

15 exclude LO 5 &
include Appendix 15B

E15-1,9; P15-3, 5, 6

16

P16-2,3,4,6

17

P17-1,7,9

18 exclude LO 6 & 7

P18-1 & Financial Statement Analysis Assignment and Paper

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