University of ArizonaAccounting 200 - Introduction to Financial AccountingFall, 2014Instructor: Dr. Amy Geile Office Hours: Tues Thursday 9:30-10:30Office: McClelland 304 andE-mail: [email protected] appointments by emailwebsite: http://blackboard.eller.arizona.eduPurpose: This course provides an introduction to financial accounting that concentrates on concepts, relationships, and procedures involved in preparing and analyzing financial statements of for-profit business organizations.Textbook and Related Materials: The required textbook is Financial Accounting, Tools for Business Decision Making, 7thEdition, by Paul D. Kimmel, Jerry J. Weygandt, and Donald E. Kieso. Students must have access to this textbook, but can buy either the hardcopy textbook or online access to the electronic version. A subscription to WileyPLUS (homeworkmanager) is required for the course. Purchase options for the textbook and WileyPLUS are detailed in the class Blackboard.Assignments: A schedule of assignments and examinations is attached. There is a combination of in-class group activities, in-class individual activities, homework, and on-line (WileyPLUS) homework assignments. In addition, students will have the opportunity to participate in an optional discussion lab that includes extra assignments. These discussion labs are explained below.Group Activities will be done in class in groups of 2-5 students. You can earn 5 or 3 points per activity; specifics are noted oneach activity. A similar activity will be loaded on Blackboard before the activity is done in class and should be reviewed before class. Completed activities will not be returned but may be reviewed during office hours. We will use your best 6 of 8scores for activities when calculating your semester grade; therefore you may miss up to 2 activities in the semester without penalty. Individual Activities will be given in class. There are 3 scheduled individual activities worth 10 points each. A study guide will be loaded on Blackboard before the individual activity is given in class and should be completed and prepared to use during your individual activity in an open note format. Individual activities will not be returned but may be reviewed during office hours. We will use your best 2 of 3 scores for individual activities when calculating your semester grade; therefore you may miss 1 individual activity in the semester without penalty.Financial Statement Homework. The 3 homework assignments will be available on Blackboard. You are to print it, completeit and turn it in by the end of class on the due date indicated.On-line Wiley Chapter Problems: There are 13 online homework assignments on the schedule, which should be done in WileyPLUS (the homework manager). These online assignments are automatically graded for a maximum of 5 points each and must be submitted online by the due date at 8:00pm to be eligible for full credit. We will use your best 11 of 13 scores for wiley on-line problems when calculating your semester grade; therefore you may miss 2 problem sets in the semester without penalty.Grading Policy: Maximum points are assigned as follows:Exam 1 140 pointsExam 2 140 pointsExam 3 140 pointsHomework 20 pointsWileyPLUS Chapter problems 55 pointsIndividual Activities 20 pointsGroup Activities 30 pointsTotal points 545 pointsThis course is conducted in accordance with the current University of Arizona Student Code of Conduct (“Code”). Any student enrolled in this course is obligated to comply with all provisions of the Code, at all times. In addition, every student should report any incidence of cheating via the GoodCat Hotline.If you have not recently familiarized yourself with all provisions of the Code, you should do so before continuing in this course.At the end of the semester, letter grades will be assigned based on a percentage of points earned relative to total points available. Students in the lab will have 575 points available and those students who do not participate in the lab will have 545 points available.Ten days after grades are posted in Blackboard for each assignment or exam, all grades are assumed correct and may not be changed. Suggested Practice Problems:Students will have access to ungraded practice problems to help them succeed in this course. They will be available in WileyPLUS. Since they are not graded, WileyPLUS will provide students with the solution after several attempts. ONLY THE SCORES FROM THE GRADED WileyPLUS GET TRANSFERRED TO BLACKBOARD. The results from the ungraded practice problems will show up in the WileyPLUS gradebook but not in BLACKBOARD.Exams:Students need to bring #2 pencils, a non-programmable calculator, and a picture identification card to each exam. Examination format will be discussed in class prior to each exam. All material in the text is eligible for examination regardless of its inclusion in class discussion. You will sit in assigned seating for each exam.If you are unable to take an exam due to extenuating circumstances, you must contact your instructor prior to the exam.Students who miss an exam during the semester will take the comprehensive final exam to replace the missed exam. DOCUMENTATION MAY BE REQUIRED FOR ALL MISSED EXAMS.Comprehensive Final Exam:This exam is mandatory for students who missed Exam 1, 2 or 3 during the semester, and will be given on the date notedin the syllabus; the place will be announced in class. Students who have not missed a regular semester exam are not required to take the final, but can choose to take it in an attempt to improve their semester grade. If a student already has 3 exam scores and takes the final, each exam score including the final will be counted as 25% toward the total possible 420 points for semester exams. Please note: you do not replace an exam score by taking the final exam. If you take 4 exams, each of the 4 exams now become worth 105 each. (You can convert the 140 score to 105 by multiplying the 140 percentage to 105 points.)Discussion Labs: Through Sept 4th students may elect to register for a free, weekly 50-minute discussion lab as space is available. This will provide the opportunity to participate in a small class setting, allowing more attention to individual concerns than is possible in the large lecture format. The lab will include additional discussion of material covered in class lectures, and lab practice assignments. Students who work on these