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Spring 2024 Course Syllabus
Course: ACNT-2302 (Section: 1H, CRN: 10225) Accounting Capstone |
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| Instructor Information | |||||||||
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| Instructor | Kellie Buckner | ||||||||
| bucknerkc@lamarpa.edu | |||||||||
| Phone | (409) 984-6381 | ||||||||
| Office | Umphrey Industrial Technology Center - Room: 201B | ||||||||
| Office Hours | By Appointment Only | ||||||||
| 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.
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. Construction Accounting and Financial Management, 4th edition, Peterson, ISBN: 978-13-523287-3. |
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| Additional Materials/Resources | None | ||||||||
| Corequisites/Prerequisites |
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| 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 |
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| Program Student 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. |
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| Lecture Topics Outline |
Chapter 1: Construction Financial Management Chapter 2: Construction Accounting Systems Chapter 3: Accounting Transactions Chapter 4: More Construction Accounting Chapter 5: Depreciation Chapter 6: Analysis of Financial Statements Chapter 7: Managing Cost Chapter 8: Determining Labor Burden Chapter 9: Managing General Overhead Costs Chapter 10: Setting Profit Margins for Bidding Chapter 11: Profit Center Analysis Chapter 12: Cash Flows for Construction Projects Chapter 13: Projecting Income Taxes Chapter 14: Cash Flows for Construction Companies Chapter 15: Time Value of Money Chapter 16: Financing a Company's Financial Needs Chapter 17: Making Financial Decisions Chapter 18:Income Taxes and Financial Decisions |
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| Major Assignments Schedule |
Week 1: Syllabus /Chapter 1: Construction Financial Management Week 2: Chapter 1: Construction Financial Management / Chapter 2: Construction Accounting Systems / Chapter 3: Accounting Transactions Week 3: Chapter 3: Accounting Transactions / Chapter 4: More Construction Accounting Week4: Review for Exam #1 (Chapters 1-3) / Exam #1 (Chapters 1-3); February 7, 2024 At Home assignment: Chapter 4: Students are to read, listen to lecture online, and complete assignments. Due date is February 26, 2024 Week 5: Chapter 5: Depreciation / Chapter 6: Analysis of Financial Statements / Chapter 7: Managing Cost Week 6: Chapter 7: Managing Cost /Review for Exam #2 (Chapters 5-7) Week 7: Exam #2 (Chapters 4-7); February 26, 2024 / Chapter 8: Determining Labor Burden / Chapter 9: Managing General Overhead Costs Week 8: Chapter 10: Setting Profit Margins for Bidding / Chapter 11: Profit Center Analysis / Review for Exam #3 (Chapters 8-11) Week 9: Exam #3 (Chapters 8-11); March 18, 2024 / Chapter 12: Cash Flows for Construction Projects Week 10: Chapter 13: Projecting Income Taxes / Chapter 14: Cash Flows for Construction Companies / Chapter 15: Time Value of Money Week 11: Chapter 15: Time Value of Money / Review for Exam #4 (Chapters 12-15) /Exam #4 ( Chapters 12-14); April 3, 2024 Week 12: Chapter 16: Financing a Company's Financial Needs Week 13: Chapter 17: Making Financial Decisions Week 14: Chapter 18:Income Taxes and Financial Decisions Week 15: Review for Exam #5 (Chapter 16-18) / Exam #5 (Chapter 15-18); May 1, 2024 Week 16: Review for Final Exam (Chapter 1-18) / Final Exam (Chapter 1-18); May 8, 2024 |
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| Final Exam Date | May 8, 2024 - 10:0 AM Through May 8, 2024 - 10:50 AM | ||||||||
| Grading Scale |
90-100 = A 80-89 = B 70-79 =C 60-69 = D 59 or below= F Student must make a 70 (C) or above in order to pass this class. |
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| Determination of Final Grade |
Attendance - 10% Exams - 25% Homework Problems - 20% Quizzes - 20% Final Exam - 25% |
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| Course Policies | |||||||||
| Instructor Policies |
Weekly Homework: Blackboard Ultra 1. Read Chapter for the week. 2. Watch online lecture if not finished in class. 3. Study Key Terms. 4. Work any assignments for that week. 5. Watch Homework Video Classroom: If time does not allow the Chapter lecture or homework problems to finish, it is the student's responsibility to finish the Chapter by reading the chapter, watching videos, etc. Exams: All exams will be administered on testing day. If student is absent, the student's lowest exam grade will take it's place. If student is absent for 2 exams, the student will receive a zero. Not showing up for the Final will result in a zero. Exams will consist of multiple-choice questions, true or false, matching and word problems. All exams must be completed with-in the normal class period. No talking during Exam or Final. Talking during exam, will result in test being taken up and student will be asked to leave the room. Student grade will be a zero for the test. Make-up or Late Homework and Quizzes: Homework and Quizzes are due by the due date in Blackboard. Students who need more time on an assignment let the instructor know so she can reopen the assignment. 25 points will be taken off per day late. All assignments except Exams and Final are opened on January 16, 2024. Students may work ahead of schedule but are required to show up for class no matter how far ahead they work. Reopening assignments after they have closed, is up to the instructor. Books: Every student must have a copy of the required textbook or E-book as soon as the bookstore has it available. Failure to follow instructions (written or oral) will result in penalties. Instructor will put grades into Blackboard. Students should keep a record of their own grades and average. Instructors will not average grades for students. Dishonest/Cheating: 1. Any student caught cheating or lending their work to another student, both students will receive a zero on the assignment. There is a difference between helping or showing someone how to do the problem and someone giving their assignment to a student to copy. 2. Any student caught cheating on a test or final, will receive a "F" for the course. It is student's responsibility to check their email and blackboard ultra for any updates to class schedules or class work. Blackboard Issues: Any log in, passwords, or software problems needs to be resolved by the IT department. Please inform your instructor of any delays resulting for IT problems that can't be solved by class work deadlines. Cell Phones in Class: All cell phones are to be placed on silent, not vibrate. If you must take or make a call, please leave the classroom. NO texting is allowed in class. During exams, all cell phones are to be placed on silent and out of sight. Any phone within view will be taken up and will be given back to student when student finishes their test. Second incident will result in a penalty of 10 points taken off of the test. |
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| Attendance Policy |
Attendance is worth 10% of your grade. If you don't show up for class, you will not pass. Accounting is complex and builds on top of each lesson before it. If you miss classes and miss a chapter, you will be lost. Miss 1-2 days of class: A or 90 Miss 3 days of class: B or 80 Miss 4 days of class: C or 70 Miss 5 days of class: D or 60 Miss 6 or more of class: F or 10 points are taken off for each class you miss. There will be a sign up sheet the student should sign as they come into the room. If you don't sign or show up to class after I have picked up the sheet, you will be counted absent. |
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| Additional Information |
TimelyCare
FREE 24/7 Virtual Care For Students Lamar State College Port Arthur students have FREE, 24/7 access to virtual care services with TimelyCare — the virtual health and well-being platform from TimelyCare, designed for college students. Students do not need insurance to access TimelyCare services. Download the app here. As part of Lamar State College Port Arthur’s partnership with TimelyCare, students have access to services in TimelyCare, including:
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| 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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