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Spring 2023 Course Syllabus
Course: ACNT-2302 (Section: 71, CRN: 10225) Accounting Capstone |
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| Instructor Information | |||||||||
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| Instructor | Tamalla Jones | ||||||||
| greentd1@lamarpa.edu | |||||||||
| Phone | (409) 984-6381 | ||||||||
| Office | Umphrey Industrial Technology Center - Room: 201 | ||||||||
| Office Hours | Virtual Office Hours By Appointment | ||||||||
| Additional Contact Information | |||||||||
| Course Information | |||||||||
| Description | Allows students to apply broad knowledge of the accounting profession through discipline specific projects involving the integration of individuals and teams performing activities to simulate workplace situations. | ||||||||
| Required Textbooks |
Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.
Fundamentals of Oil and Gas Accounting, 6th edition, Penwell, ISBN: 9781593703639. |
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| Additional Materials/Resources | None. | ||||||||
| Corequisites/Prerequisites | Successful completion of ACCT 2302, ACNT 1311, ACNT 1329 | ||||||||
| Learning Outcomes | Upon successful completion of this course, the student will be able to: PSLO 1: Utilize software to perform accounting tasks. PSLO 2: Record transactions for all types of accounting transactions applying GAAP (Generally Accepted Accounting Principles). PSLO 3: Prepare and analyze accounting reports. PSLO 4: Define accounting terminology. PSLO 5: Demonstrate ethical written and verbal skills. | ||||||||
| Program Student Learning Outcomes | 1. Identifies all main ideas, supporting details, and vocabulary in reading material; demonstrates a full understanding of the reading. 2. Define accounting terminology, measured by embedded exam questions 3. Apply accounting concepts related to cash and payroll, measured by embedded exam questions 4. Analyze and record business transactions in a manual and computerized environment, measured by application rubric 5. Complete the accounting cycle, measured by application rubric or quiz 6. Prepare financial statements, measured by application rubric or embedded exam questions 7. Proofread accounting records, measured by application rubric | ||||||||
| Lecture Topics Outline |
Week 1 Course Introduction
Week 2 Chapter 1: Upstream Oil and Gas Operations
Week 3 Chapter 2: Introduction to Oil and Gas Accounting
Week 4 Chapter 3: Oil and Gas Reserves
Week 5 Chapter 4: Nondrilling Exploration Costs-Successful Efforts
Week 6 Chapter 5: Acquisition Costs of Unproved Property-Successful Efforts
Week 7 Chapter 6: Drilling and Development Costs-Successful Efforts
Week 8 Chapter 7: Proved Property Cost Disposition-Successful
Week 9
Week 10 Chapter 8: Full Cost Accounting
Week 12 Chapter 10: Asset Retirement and Environmental Obligations
Week 13 Chapter 11: Impairment and Disposal of Long-Lived Assets
Week 14 Chapter 12: Accounting for Revenue from Oil and Gas Sales
Week 15 Chapter 12: Accounting for Revenue from Oil and Gas Sales
Week 16
Week 17
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| Major Assignments Schedule |
Week1 CourseIntroduction |
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| Final Exam Date | May 8, 2023 - 12:30 PM Through May 8, 2023 - 2:30 PM | ||||||||
| Grading Scale | 90 - 100=A 80 - 89=B 70 - 79=C 60 - 69=D Below 59 = F | ||||||||
| Determination of Final Grade |
Exams 65% Homework 35% |
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| Course Policies | |||||||||
| Instructor Policies | Homework will be assigned by instructor. All homework will be turned into blackboard, no exceptions. There will be no makeup Homework Assignments. Exams are scheduled as noted on your Course Calendar. There will be no makeup Exams. You will be given approximately one weeks to take the exam. You will have only one attempt at the exam. If you miss any exams, those exams will be given a grade of zero. | ||||||||
| Attendance Policy | Poor attendance is a leading reason for termination from a job in all areas of employment. With this factor in mind, the instructor monitors student attendance daily. In addition, attendance on a regular basis is necessary for proper skill development. Students are responsible for completing all assigned homework, including reading assignments, by the required due dates and for being prepared for each class meeting. This applies even if you were absent from the previous class meeting. | ||||||||
| Additional Information | |||||||||
| Institutional Policies | |||||||||
| MyLSCPA | Be sure to check your campus email and Course Homepage using MyLSCPA campus web portal. You can also access your grades, transcripts, academic advisors, degree progress, and other services through MyLSCPA. | ||||||||
| Academic Honesty | Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSCPA policies (Academic Dishonesty section in the Student Handbook) for consequences of academic dishonesty. | ||||||||
| ADA Considerations | The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241. | ||||||||
| COVID 19 Information | The Lamar State College Port Arthur (LSCPA) Student Code of Conduct COVID 19 Policy requires students who have been diagnosed with COVID 19 to report their condition directly to their local health department. Students should also contact their course faculty to report their quarantine status. In addition, this policy requires all students to wear face coverings when directly exposed to COVID 19 in compliance with the criteria included in the policy. For more information please refer to the COVID 19 link on the LSCPA website. | ||||||||
| Facility Policies | No food or tobacco products are allowed in the classroom. Only students enrolled in the course are allowed in the classroom, except by special instructor permission. Use of electronic devices is prohibited. | ||||||||
| HB 2504 | This syllabus is part of LSCPA's efforts to comply with Texas House Bill 2504. | ||||||||
| Mandatory Reporting of Child Abuse and Neglect | As per Texas law and LSCPA policy, all LSCPA employees, including faculty, are required to report allegations or disclosures of child abuse or neglect to the designated authorities, which may include a local or state law enforcement agency or the Texas Department of Family Protective Services. For more information about mandatory reporting requirements, see LSCPA's Policy and Procedure Manual. | ||||||||
| Title IX and Sexual Misconduct | LSCPA is committed to establishing and maintaining an environment that is free from all forms of sex discrimination, including sexual harassment, sexual violence, and other forms of sexual misconduct. All LSCPA employees, including faculty, have the responsibility to report disclosures of sexual misconduct, including sexual harassment, sexual assault (including rape and acquaintance rape), domestic violence, dating violence, relationship violence, or stalking, to LSCPA's Title IX Coordinator, whose role is to coordinate the college's response to sexual misconduct. For more information about Title IX protections, faculty reporting responsibilities, options for confidential reporting, and the resources available for support visit LSCPA's Title IX website. | ||||||||
| Clery Act Crime Reporting |
For more information about the Clery Act and crime reporting, see the Annual Security & Fire Safety Report and the Campus Security website. |
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| Grievance / Complaint / Concern | If you have a grievance, complaint, or concern about this course that has not been resolved through discussion with the Instructor, please consult the Department Chair. | ||||||||
| Department Information |
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