12/22/2024 4:07:51 AM	BAD 1 Course Outline as of Fall 1981	New Course (First Version)
CATALOG INFORMATION
Discipline and Nbr:  BAD 1	Title:  FINANCIAL ACCTING
Full Title:  Financial Accounting
Last Reviewed:2/11/2019

Units		Course Hours per Week			Nbr of Weeks	Course Hours Total
Maximum	4.00	Lecture Scheduled	4.00		17.5 max.	Lecture Scheduled	70.00
Minimum	4.00	Lab Scheduled	0		6 min.	Lab Scheduled	0
		Contact DHR	0			Contact DHR	0
		Contact Total	4.00			Contact Total	70.00
		Non-contact DHR	0			Non-contact DHR Total	0

Total Out of Class Hours:  140.00

Total Student Learning Hours: 210.00

Title 5 Category:  AA Degree Applicable
Grading:  Grade or P/NP
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly: 

Catalog Description:

A first course in Financial Accounting emphasizing theory and practice that meets the needs of both business management majors who will read, analyze, and interpret financial statements and accounting majors who need a solid foundation for their intermediate and advanced courses.

Prerequisites/Corequisites:

Recommended Preparation:
and Sophomore standing.

Limits on Enrollment:

Schedule of Classes Information
Description:

Theory & practice of accounting with emphasis upon external reporting.

(Grade or P/NP)
Prerequisites:
Recommended:and Sophomore standing.
Limits on Enrollment:
Transfer Credit:CSU;UC.
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:		Effective:		Inactive:
Area:
CSU GE:	Transfer Area			Effective:	Inactive:
IGETC:	Transfer Area			Effective:	Inactive:
CSU Transfer:	Transferable	Effective:	Fall 1981	Inactive:
UC Transfer:	Transferable	Effective:	Fall 1981	Inactive:
C-ID:
CID Descriptor: ACCT 110	Financial Accounting	SRJC Equivalent Course(s): BAD1

Certificate/Major Applicable: Certificate Applicable Course

COURSE CONTENT

Outcomes and Objectives:
At the conclusion of this course, the student should be able to:

The student will become familiar with:

1.  the theory of debits and credits and the utilization of the theory

   in problem solving exercises;

2.  the fundamentals of generally acceptable accounting principles as a

   basis for future study;

3.  the fundamentals of external reporting and interpreting of accounting

   information for management purposes.

Topics and Scope

1.  The basic structure and theory of accounting including the

   summarization process.

2.  Accounting in accordance with generally accepted accounting principles

   for the various forms of business organizations with an emphasis on

   corporate accounting and reporting.

3.  Accounting for assets and liabilities of an entity, cash receivables,

   inventories, plant and equipment, bonds payable, leases and other

   liabilities in accordance with generally accepted accounting

   principles.

4.  Analysis of statements for external reporting:  the balance sheet,

   income statement and Statement of Cash Flows.

Assignments:

1.  Textbook readings.

2.  Accounting problems.

3.  Written analysis of problems.

Methods of Evaluation/Basis of Grade.

Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.		Writing 10 - 15%
Written homework
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 50 - 60%
Homework problems, Quizzes, Exams
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.		Skill Demonstrations 0 - 0%
None
Exams: All forms of formal testing, other than skill performance exams.		Exams 30 - 40%
Multiple choice, PROBLEM SOLVING
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 0 - 0%
None

Representative Textbooks and Materials:

FINANCIAL ACCOUTING, 4th Edition, Belverd E. Needles, Jr.  Houghton

Mifflin, 1991.

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