ACC 211 : Principles of Accounting 1 (Virtual Hybrid) (3 Credits) |
Instructor: Barbara Marotta |
Overview |
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Welcome to Principles of Accounting I, ACC 211, offered by the Extended Learning Institute of Northern Virginia Community College. ACC 211 Principles of Accounting I presents accounting principles and their applications to various businesses. It covers income determination, asset valuation, and financial reporting. The course studies both service and merchandise operations including internal controls and analysis of financial statements.
This course is designed to give the beginning business student a general understanding of the purpose of accounting, the capacity to perform basic accounting functions, and a working knowledge in financial statement preparation. Computer instruction is included.
As a virtual hybrid course, ACC 211 has live online weekly meetings on the Internet using eNOVA (Powered by Centra) that require mandatory attendance. |
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Objectives |
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The goals of this course are to:
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Determine the definition and application of assets, liabilities, revenue and expense.
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Explain the accounting methods of a sole proprietor and a merchandiser.
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Explain the purpose of accounting.
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Perform basic accounting functions.
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Apply the procedures on financial statement preparation.
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Understand computerized accounting.
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Analyze routine business transactions and events, record them in a journal and ledger, summarize recorded data, determine effects of internal value changes within the business enterprise, and prepare financial statements.
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Identify the accounting theories and practices relevant to the management of personal and career finances.
Upon completion of this course, the student will be able to:
- Analyze routine business transactions and events, record them in journals and ledgers, summarize recorded data, determine effects of internal value changes within the business enterprise, and prepare financial statements.
- Apply accounting theories and practices relevant to the management of personal and career finances.
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Materials |
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The required textbook for this course is:
Fundamental Accounting Principles, 18th Edition, Wild, Chiappetta Volume 1, Chapters 1-12.
The text is packaged with Homework Manager Instructions and Access Key (Blue Book)
Other resource requirements: A pencil a mechanical is best, a notepad, an eraser a large one, a ruler, a calculator, and disks.For information on how to order your textbooks, go to http://eli.nvcc.edu/books. |
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| Grading |
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Your course grade will be determined according to the following:
Assignment |
Points |
Percentage of Grade |
12 Homework Assignments |
@ 30 points each for 360 points |
30%
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General Ledger Accounting
Software Serial Problems |
2-6 serial problems |
5%
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Quizzes |
10 @5 points for 50 points
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5% |
Four Proctored Exams (Online)
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600 points |
60%
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| Total Points |
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100% |
Total points 1,100
Your final grade will be based on the following scale. Please note that you must also pass at least two of the exams in order to pass the course, regardless of your scores on the other assignments.
Grade |
Points |
Percent |
A |
1000-900
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90-100 |
B |
899-800
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80-89 |
C |
799-700 |
70-79 |
D |
699-600
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60-69 |
F |
599-0 |
0-59 |
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Exams |
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There are four (4) online proctored exams in this course that are password protected and must be taken at one of the NVCC campus Testing Centers. Be sure to allow enough time to complete your exam before the Testing Center closes; Testing Centers have specific policies relating to the administration of ELI exams. You will need to take a photo ID, your NovaConnect empl ID number, and the appropriate Exam Pass when you go to the Testing Center.
For Testing Center locations, hours of operation and policies, click here.
For information on taking exams outside of the metropolitan area, click here. |
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ELI Policies and Procedures |
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This is an Extended Learning Institute (ELI) course. ELI courses differ from campus courses in several important ways, including enrollment dates, communication with faculty, assignment completion requirements, and exams. You must follow ELI's policies and procedures if you take this course. Read (or review) ELI's Policies and Procedures before you begin the course. If you have questions, call ELI at (703) 323-3347 or (888) 435-6822. |
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Contacting the Instructor |
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I am here to help you succeed in this course. Occasionally questions or problems may arise. Here is how to contacI am here to help you succeed in this course. Although we will interact regularly on your assignments and exams, occasional questions or problems may arise. Here's how to contact me when they do.
You may also call me to schedule a meeting in person, either at ELI or my campus office in Woodbridge.
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Beginning the Course |
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1. Use your web browser to connect to http://www.nvcc.edu/bbstart. Follow the directions to determine your email, Blackboard and VIVA account user names and passwords.
2. Access your email account and make sure you know how to use it; you will be required to use this account for all course-related email.
3. Log on to Blackboard at http://learn.vccs.edu.
4. Click on this course under "My Courses." Review the entire course to make sure you understand what will be required of you. Then start completing the assignments.
Please note that account generation takes approximately one week from the time of your paid registration. If you cannot log on after one week, contact the IT Help Desk. If you can log on to Blackboard, but your course isn't listed, please contact ELI or your instructor.
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