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Web Schedule Fall 2018


Revision Date: 21-Sep-18

ACC-1010-VG70Y - Computerized Accounting


Synonym: 174144
Location: Bennington
Credits: 3 (45 hours)
Day/Times: Monday & Thursday, 05:00P - 09:00P
Semester Dates: 10-25-2018 to 11-29-2018
Last day to drop without a grade: 11-01-2018 - Refund Policy
Last day to withdraw (W grade): 11-15-2018 - Refund Policy
Faculty: Stacey Eggsware | View Faculty Credentials
Materials/Lab Fees: $100.00
Open Seats/Section Limit: 0/16 (as of 09-24-18 11:20 PM)
This section meets the following General Education Requirement(s):
Technological Literacy
    Note
  1. Many degree programs have specific general education recommendations. In order to avoid taking unnecessary classes, please consult with additional resources like your program evaluation, your academic program page, and your academic advisor.
  2. Courses may only be used to meet one General Education Requirement.

Comments: CPB certification students Only Co-enrollment in ACC-2121 & ACC-1030 required No class 11/22

Browse the Moodle Site for this class.

Course Description:

The use of the microcomputer as an accounting tool. Students apply knowledge of accounting principles and computers to operate integrated accounting software for various aspects of accounting: general ledger, accounts payable and receivable, payroll, depreciation. Prerequisite: Financial Accounting.

Essential Objectives:

1. Describe the elements of an integrated, computerized accounting system and tell how such a system differs from a manual system, including relative advantages/disadvantages of each.
2. Explain the procedures for moving from a manual to a computerized accounting system and the proper operational procedures for running an automated system, including documentation.
3. Use problem solving techniques to analyze accounting situations and make correct transaction and adjusting entries to the computer.
4. Set up and maintain a complete set of books using the integrated accounting modules on the computer i.e. General Ledger, Accounts Receivable, Accounts Payable, Inventory & Payroll.
5. Prepare a complete set of financial statements, along with supporting reports, using accounting data created on an automated system.
6. Formulate a plan to improve an existing accounting system by detailing the use of the new accounting software, procedures, forms, job simplification, controls, equipment changes or other methods.
7. Explain the function and primary features of a spreadsheet program and be able to set up a simple business spreadsheet.
8. Define and describe trends in the current technology of computer automation of business.
9. Demonstrate proper file maintenance for accounting applications.

Additional Instructor Pre-Assignments/Notes/Comments:

Personal Electronics:

Please refrain from using cell phone while attending class.  You may bring them, but please make sure they are set to silent mode and only use during break times and before/after class.  In the case of an emergency call, please excuse yourself from the classroom.

Methods:

The Computerized Accounting course objective is to use an automated accounting system to process accounting data and to understand the issues surrounding a computerized accounting system.  In this course you will utilize QuickBooks Online to:

  1. Develop the skills necessary to complete computer accounting for service and merchandising businesses.
  2. Complete exercises using accounts receivable, accounts payable, invoicing, payroll and inventory.
  3. Prepare financial statements and complete financial statement analysis.
  4. Convert a QuickBooks desktop company file to QuickBooks Online.

The QuickBooks accounting software is used as a vehicle to process accounting data and to observe first hand the issues related to an accounting information system.  The texbook you purchased, Computer Accounting with QuickBooks Online: A Cloud-Based Approach, by Carol Yacht & Susan Crosson, provides detailed instruction on the use of QuickBooks. 

Quiz material will be taken from readings and QuickBooks.  Chaper Quizes are found on the Online Learning Center Website. You will be emailing me your QB Quiz results for each chapter.  There is an option at the bottom of the Quiz to send the results via e-mail at the end of each quiz.  This is mandatory.

I will assign and you will be graded on homework assignments.  Graded homework will include both QuickBooks assignments and reading responses.

Class participation will be a part of your grade.  Please be prepared to participate in discussions during class.

There will be a mid-term and a final as well.

Here are my expectations of you:

  • All work is to be completed and submitted on time.
  • When you have a question outside of class you will email the question.  I will monitor my emails and will respond.
  • You must complete all of the exercises assigned.  Each chapter builds off from lessons learned in the prior chapter.

 

 

 

 

Evaluation Criteria:

Discussion:  Based upon class discussions, students will demonstrate an understanding of accounting principles, terminology, automated accounting systems and controls.

Homework/QuickBooks Assignments:  Homework will consist of questions from the readings and QuickBooks exercises.

Quizzes: Will cover material previously covered.  All formats of quizzes can be expected: true/fase, multiple choice, problems.  Quizzes will be used to assess the use of an automated accounting system and the student's understanding of course content.

Mid-Term/Final:  There will be a mid-term and a final.  The mid-term will be in two parts:  part one will be short answer covering the material learned; part two will be QB based.  The final will be the QuickBooks Online Certification Exam.

Breakdown by %:

  • Class discussion                  10%
  • Homework/QuickBooks:       20%
  • Quizzes                                20%
  • Mid-Term                              25%
  • Final                                     25%

A final note about final grades:  Final grades are FINAL.  It is too late to ask for additional work to change a final grade once final grades are earned.

Grading Criteria:

 

A = 90 - 100%

B = 80 - 89%

C = 70 - 79%

D = 60 - 69%

Below 60% not passing

 

Textbooks:

Fall 2018 textbook data will be available on June 4. On that date a link will be available below that will take you to eCampus, CCV's bookstore. The information provided there will be for this course only. Please see this page for more information regarding the purchase of textbooks.

ACC-1010-VG70Y Textbooks.

The last day to use a Financial Aid advance to purchase textbooks is the 3rd Tuesday of the semester. See your financial aid counselor at your academic center if you have any questions.

Contact Faculty:

Email: Stacey Eggsware
Hiring Coordinator for this course: Nicole Otte Stetson

Attendance Policy:

This is an intensive course, you need to attend each class.  Should attendance become a problem, let me know.  Each class an assignment is late, the grade earned is reduced by a letter grade.  For example, if the work submitted is an A, a late assignment will be come a B if it is one class late, a C for the second class late and so on.

Syllabus:

October 30, 2017

Welcome to Computerized Accounting !  Introduction, Exploring manual vs. automated computer systems.  Establishing Login for QB Online. Explore QB Online sample company and Setup your own QB company.

Bookwork:  Chapters 1 & 2.

Homework:  Read and complete Chapter 1 & 2 Online Learning Center (OLC) Quizzes, Analysis Questions and Check your Progress.  Complete Exercises 2-1 and 2-2.

November 2, 2017

Procedure for moving from a manual to a computerized accounting system.  Enter owner investment in the business, write checks, record sales & transfer funds. Display various reports and registers.

Bookwork:  Chapter 3

Homework:  Read and complete Chapter 3 and Exercises 3-1 & 3-2.  Complete OLC Quizzes, Analysis Questions and Check your Progress.

November 6, 2017

Vendor, Inventory and Service Item Setup. 

Bookwork:  Chapter 4

Homework:  Read and complete Chapter 4, Exercises 4-1 & 4-2.  Complete the OLC Quizzes, Analysis Questions and Check your Progress.

November 9, 2017

Customer setup, record sales, review financial statements.  Using source documents, record vendor, customer, cash and credit card transactions. Complete a Bank Reconciliation.

Bookwork:  Chapter 5 & 6

Homework:  Read and complete Chapter 5 & 6 Exercises 5-1, 5-2, 6-1 & 6-2.  Complete Chapter 5 & 6 OLC Quizzes, Analysis Questions and Check Your Progress.

November 13, 2017

End of Quarter Adjusting Entries and Closing Books.

Mid-Term Exam

Bookwork:  Chapter 7

Homework:  Read and Complete Chapter 7 Exercises 7-1 & 7-2.  Complete the OLC Quizzes, Analysis Questions and Check Your Progress.

November 16, 2017

Analyze source documents and enter various transactions.

Bookwork:  Chapter 8

Homework:  Read and complete Chapter 8 Exercises 8-1 & 8-2.  Complete OLC Quizzes, Analysis Questions and Check Your Progress.

 

 

November 20, 2017

Using source documents, complete various transactions.  Complete end-of-quarter transactions. Run reports. Review Journal Transactions. Complete Bank Reconciliation.

Bookwork:  Chapters 9 & 10

Homework:  Read and complete Chapter 9 & 10 and Exercises 91-, 9-2, 10-1 & 10-2.  Complete the OLC Quizzes, Analysis Questions and Check Your Progress.

November 27, 2017

Certification test review.  Introduction to QuickBooks Labs. Customizing Reports. Learning about QB Apps, Updates and Blog.

Bookwork:  Chapter 11 & Chapter 12

Homework:  Read and complete Chapter 11 & 12 and Exercises 11-1, 11-2, 12-1 & 12-2.  Complete the OLC Quizzes, Analysis Questions and Check Your Progress.

November 30, 2017

Introduction to Payroll using QB Sample Company.

Homework:  Read and complete Case Problem 1

Introduction to Budgeting

Homework:  Read and complete Case Problem 2

Convert QB Desktop to QB Online.

Homework:  Complete Case Problem 3 using www.mhhe.com/QBO>Student Edition>Your Name Accounting

 

Please note: In order to receive accommodations for disabilities in this course, students must make an appointment to see the Americans with Disabilities Coordinator in their site and bring documentation with them.

Academic Honesty: CCV has a commitment to honesty and excellence in academic work and expects the same from all students. Academic dishonesty, or cheating, can occur whenever you present -as your own work- something that you did not do. You can also be guilty of cheating if you help someone else cheat. Being unaware of what constitutes academic dishonesty (such as knowing what plagiarism is) does not absolve a student of the responsibility to be honest in his/her academic work. Academic dishonesty is taken very seriously and may lead to dismissal from the College.

Course description details subject to change. Please refer to this document frequently.

To check on space availability, choose Search for Classes.


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