Financial Summer

Accounting II 2024
ACCT 102N ZZ
CRN 34903
Department Business & Technology
Program Accounting
Instructor
NCC Email
Telephone Number
Office Hours
Office Location
Class Days/Meeting Time

Rationale:
This course serves a significant purpose for students pursuing a career
in business or accounting. The course builds upon the knowledge
acquired in Financial Accounting 1, and further explores accounting
and business elements of common accounts found in most
organizations, such as accounts receivable, fixed assets, current
liabilities, and notes payable. The course will not only introduce the
student to basic concepts and decision-making tools within the
discipline, but also allows the student to appreciate and develop a path
to making sound business decisions in their careers.

The course further emphasizes student activities that help to build

important skill sets necessary in today’s modern business
environments. These skills for success include a strong ability to
manage data, comfortable use of computers and related business
software, proficient critical thinking, clear and effective business
writing, competent project management, cooperative team work, and
effective use of research resources.

Course Description:
This course is a continuation of ACCT101N. Current and long-term
assets are studied along with liabilities and owners' equity items.
Accounting for corporations and bonds are also discussed. The course
concludes with preparation of the Statement of Cash Flows and
financial statement analysis.
Course Competencies:
After reading chapter material and completing assigned homework and
classroom exercises/problems, students will demonstrate mastery of
the material covered in class via term assignments, chapter tests, and

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an “all inclusive” final examination. Upon successful completion of this
course, students will have acquired a detailed working knowledge and
resulting skill sets to:
1. Account for receivables.
2. Define plant and intangible assets.
3. Record asset acquisitions and disposals.
4. Calculate payroll and journalize the resulting entries.
5. Account for miscellaneous current liabilities, including
employee fringe benefits.
6. Describe the characteristics of corporations.
7. Account for partnerships and Limited Liability Company
transactions.
8. Account for basic corporation transactions.
9. Describe the characteristics of bonds.
10. Account for bond and other long-term liability transactions.
11. Journalize entries for long-term investments.
12. Explain the value of a statement of cash flow.
13. Prepare a statement of cash flow.
14. Analyze financial statements using basic liquidity, solvency and
profitability analyses.

Essential Questions:
1. How does the legal structure of an organization influence the
accounting process and affect the organization’s finances?
2. What are some accounting practices that are acceptable under
GAAP, but produce significant differences in taxable income and
financial condition?
3. What are some accounting practices that help to protect a business
from failure?

Required Materials:
Textbook: This course is part of the Follett Access Program,
https://nashuacc.edu/current-students/campus-resources/follett-
access-program/. You should not purchase any course materials as
they are already included in your course charges and will be
provided to you.

Digital Course Materials - Students receiving digital course materials

through the Follett ACCESS program will have them automatically
available in Canvas once the course officially begins. Note: If you
drop the course from your schedule on or prior to the last day of the
DROP/ADD period for this term (check the academic calendar here),
your account will automatically be fully refunded.

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Questions? Contact the Bookstore, 603.880.7083.
Do I have to use digital course materials?
No. You can opt out but be careful before you do.
For eBooks, you can sometimes buy or rent print versions instead. The
Bookstore usually has a few of each or they may be available from
other sellers.
Here is the link for opting out:
https://protect-us.mimecast.com/s/AkCqCNk2oPUElLLNu8-J83?
domain=linkprotect.cudasvc.comLinks to an external site.
The Bookstore will report opt-outs to NCC Student Accounts, and they
will adjust your bill.
https://www.bkstr.com/nashuaccstore/homeLinks to an external site.

Financial Accounting,
 Edition: 16th, Copyright 2021
 ISBN: 978-1-337-91310-2
 Author: Warren, Jonick, Schneider
 Publisher: Cengage Learning

Click on this link to access the NCC bookstore’s website

https://www.bkstr.com/nashuaccstore/home

Technology: In order to be successful at NCC, all students need a

laptop or personal computer (PC), as well as reliable internet access. It
is recommended that students purchase a laptop for in-class use.
Specifications can be found by clicking on the link below. If you do not
have Internet access or the right kind of computer equipment (e.g.,
laptop, webcam, etc.) you may be eligible for the college’s technology
lending program, which is a first come first served program. Click on
this link for more information https://www.nashuacc.edu/technology

Laptops that meet NCC technology specifications are available for

purchase at the NCC bookstore. Financial aid may be used for
purchases made at the bookstore. Contact the bookstore for more
information https://www.bkstr.com/nashuaccstore/home
Supplemental Materials:
Additional materials needed include a notebook, pencils/pens,
calculator (a telephone does not qualify), access to a computer and
online resources (such as Canvas, Zoom meetings, textbook and
textbook support, and video sites), and an inquiring mind.

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Course Expectations:
CLASSWORK POLICY:
Each student is responsible for all assignments and classwork. It is
expected that the student will be responsible as follows:
1. Announced or unannounced quizzes cannot be made up.
2. Tests may be made up solely at the discretion of the
instructor. It is the responsibility of the student to schedule the
makeup examination with the faculty member within 24 hours
after the scheduled exam date. Resulting in a 20 percent
penalty.
3. For students absent on a day in which an in-class assignment is
given, the assignment may be made up within one week
resulting in a 20-percent penalty. No late in-class assignment
will be accepted after the one-week deadline.
4. All homework assignments not submitted on the assigned due
date will be accepted within one week’s time resulting in a 20-
percent penalty.
5. Any assignment not submitted within one week of the due date
will receive a grade of zero (0). (Assignments are considered any
application, exercise, or other assigned work.)
6. In extreme cases classwork policies may be adjusted by the
instructor. (i.e.: documented covering the dates of the missing
work).
7. For an online class, there will be a built in one-week grace
period, but with a 20 percent penalty. This will apply to all
graded assignments submitted via Canvas, including case
studies, homework for credit, and chapter quizzes.

EXTRA ASSISTANCE:
Students may receive extra class assistance during faculty office hours
or by making either an on campus or Zoom appointment with the
instructor. This time is not intended to make up missed class time.
Tutoring hours will also be available during the semester
Students are encouraged to seek help as often as necessary to attain a
clear understanding of the concepts involved in a course.

USE OF CANVAS:
Substantially all course requirements are managed through the Canvas
system. Therefore, it is essential that students are well acquainted with
Canvas, and are comfortable with the elements and resources found
there for this specific course. It is also imperative that routine (nearly
daily!) access be maintained with the course Canvas site.

CORRESPONDENCE:

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The instructor is also always approachable by email. The
correspondence must be sent via the student’s formal school email
address. Correspondence sent via personal or other business email
accounts will not be viewed or receive a response.

Also acceptable is correspondence via Canvas, using the “inbox”

option in the navigation bar. This will allow a selection to compose and
send a note. (This “Inbox” option will also indicate when there is a
message for you to read!)

Instructor review of correspondence generally occurs on a daily basis.

Grading:

% of
Assignment # Grade
Chapter Quizzes 8 50%
Graded Homework for Credit 8 20%
Case Studies 2 10%
Final 1 20%
Total 100%

Semester grades will be assigned according to the following scale:

A 100–94
A- 93-90
B+ 89-87
B 86-84
B- 83-80
C+ 79-77
C 76-74
C- 73-70
D+ 69-67
D 66-64
D- 63-60
F 59 or Below

Available Support Services

NCC Library:
Get help with research for your papers and assignments from the NCC librarian and
staff. Email [email protected]

Tutoring and Writing Center:

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The Tutoring and Writing Center, located in the library, offers free academic support
services to all NCC students. https://library.nashuacc.edu/home/tutoring

Accessibility:
Students who think they may have or have a documented disability (physical, learning,
or mental health) and/or had an IEP or 504 Plan in high school who may need classroom
accommodations must meet with the Accessibility Services Coordinator to set up an
NCC Reasonable Accommodation Plan (RAP). For more information view the
Accessibility page: https://www.nashuacc.edu/student-services/disability-accessibility-
information and/or contact Jodi Quinn, Accessibility Services Coordinator (office located
in the library), at [email protected] or (603) 578-8996.

CARE Team:
Students in need of assistance in the areas of mental health or basic support services
(such as food, clothing, shelter, substance abuse or others) should contact the NCC
CARES Team.

Student Assistance Program:

Students in need of confidential counseling services should visit the NCC Student
Assistance Program page on the NCC website

English for Speakers of Other Languages:

The ESOL Program provides a variety of services for non-native speakers of English.
https://nashuacc.edu/programs/esol-esl/

Department of Business Studies Policies

The Department of Business Studies recognizes that all students can learn and succeed.
To learn the essentials needed for successful outcomes in the programs of study here at
the College, and later in the workplace, students will be encouraged to ask questions
and to take risks. The learning climate will incorporate high expectations for all
students.

Attendance Policy:
1. Attendance is required in all courses.
2. If a student is absent more than the number of hours the course meets during a
two-week period, the instructor may follow the college A/F policy and
recommend that the student be administratively withdrawn from the class.

Classwork Policy:
Each student is responsible for all assignments and classwork. It is expected that the
student will be responsible as follows:
1. Announced or unannounced quizzes cannot be made up.

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 2. Tests may be made up solely at the discretion of the instructor. It is the
responsibility of the student to schedule the makeup examination with the
faculty member within 24 hours after the scheduled exam date. Resulting in a 20
percent penalty.
3. For students absent on a day in which an in-class assignment is given, the
assignment may be made up within one week resulting in a 20-percent penalty.
No late in-class assignment will be accepted after the one-week deadline.
4. All homework assignments not submitted on the assigned due date will be
accepted within one week’s time resulting in a 20-percent penalty.
5. Any assignment not submitted within one week of the due date will receive a
grade of zero (0). (Assignments are considered any application, exercise, or
other assigned work.)
6; In extreme cases classwork policies may be adjusted by the instructor.
(i.e.: documented covering the dates of the missing work).

Extra Assistance:
Students may receive extra class assistance during faculty office hours or by making an
appointment with the instructor. This time is not intended to make up missed class
time. Each instructor will clearly list when these office hours are held.

Students are encouraged to seek help as often as necessary to attain a clear

understanding of the concepts involved in a course.

Grading Scale:
The following standards will be used for numerical averages and letter grade equivalents
for work submitted in the Business Studies Department:

Numerical Grade Letter Grade

100 – 97 A+
96 – 94 A
93 – 90 A-
89 – 87 B+
86 – 84 B
83 – 80 B-
79 – 77 C+
76 – 74 C
73 – 70 C-
69 – 67 D+
66 – 64 D
63 – 60 D-
Below 60 F

Please be aware that there is no A+ designation for the course final grade, but these
grades will be used within the class to indicate superior or inferior work.

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General Expectations:
Students are expected to:
1. Attend all classes, arrive promptly and remain until dismissed.
2. Come prepared for class.
3. Have all necessary books and materials.

College Policies

Non-Discrimination:
The NCC Equity Committee is designated to coordinate compliance with the Non-
Discrimination Policy and handles all concerns of discrimination that occur on campus
that are not covered under Title IX. View more information here Non-Discrimination
Policy and Grievance Procedure

Title IX:
Classroom instructors at Nashua Community College are encouraged to create and
maintain a safe learning environment in which students feel able to share opinions and
related life experiences in classroom discussions, in written work, and in meetings with
professors. To the greatest extent possible, this information will be kept private.
However, staff and faculty have a legal obligation to report information concerning
sexual misconduct, violence and exploitation of individuals per federal statute and in
compliance with established policies and procedures at Nashua Community College.

If you have been subjected to sexual misconduct, violence or exploitation, we encourage

you to contact your NCC Title IX Coordinator, Assistant Director of Campus Safety, Craig
J. Nelson, for support and assistance. He can be reached at Nashua Community College,
505 Amherst Street, Nashua, NH, 603-406-4521 or [email protected]. You may also
contact Bridges, the local crisis center, for free and confidential services at their 24hr
support line 603-883-3044. You do not need to be in crisis to call. Nashua Community
College encourages you to download uSafeUS® https://usafeus.org/, a free and
confidential app that helps protect yourself and your community. Additional information
including resources can be found here Title IX Policy and Grievance Procedure.
Attendance:
Regular attendance and active participation are essential for academic success and NCC
takes student attendance very seriously.

Every student should carefully review the NCC attendance policies.

NCC Academic Failure Policy:

Students with excessive absences or who display disruptive classroom behavior may be
subject to the college’s Academic Failure policy. All students should carefully review the
policy found here: AF Policy | Nashua Community College

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Classroom Audio Recording Policy:
Classroom Audio Recording Policy | Nashua Community College

Canvas:
Canvas is the online learning management system used by instructors and learners
at Nashua Community College. Information regarding the specific uses of Canvas and
Canvas help for students can be found here: Canvas | Nashua Community College

Forgotten Login Information:

If you have forgotten your Easy Login Password information, please visit the
following link: https://password.ccsnh.edu/accounts/Reset

EAB Alerts:
Faculty can issue “Alerts” for students at any time. The administration at NCC
encourages professors to issue alerts for any student who may be having difficulty in
the course. When a faculty member raises an alert, both the student and student’s
advisor receive an automated email based on the alert raised. Faculty can issue an
alert through EAB Navigate on the college website or directly using the following
link: https://nashuacc.campus.eab.com

College Email System:

Nashua Community College utilizes a college email system as a means of the College
sending official information to enrolled students, and for students to send
communication to their instructors and College personnel. Specific details regarding
the use of the college’s email system can be found here College Email System |
Nashua Community College

Sensitive Materials Policy:

During the semester, in order to cover certain academic topics, there may be
occasions to view or discuss material which may not meet the student’s own
personal definition of appropriateness. In those cases, students should refer to the
NCC Sensitive Materials Policy

Academic Conduct:
All students are expected maintain high standards of academic integrity as they
complete their coursework at NCC. Cheating and plagiarism are violations of the
Student Code of Conduct and all instances of academic dishonesty are taken very
seriously by the College.

Cheating

NCC Plagiarism Policy

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Diversity, Equity, and Inclusion Statement:
Diversity, Equity, and Inclusion Statement | Nashua Community College

NCC Credit Hour Guidelines:

Credit Hour Guidelines | Nashua Community College

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 TENTATIVE COURSE CALENDAR

Week Topic Chapter Assignment

Due***
WEEK 1 Review syllabus, course expectations, resources,
& goals
Pre-Course Assessment Exam
Receivables Chapter 9 ***See Canvas

WEEK 2 Receivables Chapter 9 ***See Canvas

WEEK 3 Long-Term Assets: Fixed & Intangibles Chapter 10 ***See Canvas

WEEK 4 Current Liabilities & Payroll Chapter 11 ***See Canvas

WEEK 5 Current Liabilities & Payroll Chapter 11 ***See Canvas

WEEK 6 Partnerships & LLCs Chapter 12 ***See Canvas

WEEK 7 Long-Term Liabilities Chapter 14 ***See Canvas

WEEK 8 Long-Term Liabilities Chapter 14 ***See Canvas

WEEK 9 Investments Chapter 15 ***See Canvas

WEEK 10 Statement of Cash Flows Chapter 16 ***See Canvas

WEEK 11 Financial Statement Analysis Chapter 17 ***See Canvas

WEEK 12 Final Exam

Post-Course Assessment Exam
Course Evaluation

Please note: The intention of this syllabus is to identify essential

categories, not to dictate format or to limit content. This calendar is
subject to change.

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