ST. GREGORY’S UNIVERSITY

ACE Business Module 1
COURSE SYLLABUS for August-October 2001

COURSE(S)	ACE Business Module 1    BU 2113 Financial Accounting    BU 2123 Managerial Accounting    CS 1823 Advanced Computer Applications
TIME/LOCATION	Monday, 1730-2130 (5:30-9:30 pm), Room 318
PREREQUISITE	Sophomore standing
INSTRUCTORS	Mayda Shorney, Ph.D., CPA	Melinda Yarbrough
E-MAIL	mshorney@sgc.edu	mailto:csfarthing@sgc.edu
PHONE (Home)	405-214-6449	405-275-3314
OFFICE	Room 442a, Ext. 5159	Room 442c, Ext. 5158
OFFICE HOURS	M 1630-1730, or by appointment	By appointment

 

COURSE DESCRIPTIONS FROM OFFICIAL BULLETIN

 

BU 2113                        Financial Accounting

An introductory course covering the historical development of business and accounting.  The preparation of financial statements is demonstrated as well as their use in cash management and performance evaluation.  Additional concepts such as the time value of money, long-term debt, and equity financing are studied.  The course concludes with a comprehensive evaluation of a firm’s profitability, financial position, and cash flows.  Prerequisite: Sophomore standing and CS 1823.

 

BU 2123                        Managerial Accounting

An introductory course that emphasizes the use of accounting data within an organization.  It demonstrates how managers use accounting information in planning operations, controlling activities, and making decisions.  Problems and cases cover such current topics as activity-based costing and quality costs and management in service, not-for-profit, and retail organizations, as well as manufacturing firms.  Prerequisite:  BU 2113

 

CS 1823                        Advanced Computer Applications

This advanced course is designed to extend the student’s computer skills to a level necessary for survival in the business world.  Competencies will include creating and maintaining active links, posting Web applications, developing spreadsheet and database templates, and designing and documenting macros.  Students are to create professional quality reports and forms including charts, graphs, tables, input forms, and query scenarios.

 

OBJECTIVES

·         Learn who the users of accounting information are and why they find accounting information useful.

·         Understand the data reported on each financial statement and the way statements relate to each other.

·         Define the broad, generally accepted concepts and principles that apply to the accounting process.

·         Demonstrate why financial ratios are important and how trend analysis can be used most effectively.

·         Describe what is included in the cash, receivable, and inventory amounts reported on the balance sheet.

·         Explain the affect of property, plant, and equipment transactions on the financial statements

·         Understand the effects of revenues, expenses and cash flows on the financial statements.

·         Discuss the major distinctions between managerial and financial accounting.

·         Define and use cost, cost objectives, and cost behaviors in case situations.