| |School of Business |
| |ACC/280 Version 5 |
| |Principles of Accounting |
Copyright © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved.
This course covers the fundamentals of financial accounting as well as the identification, measurement, and reporting of the financial effects of economic events on the enterprise. Financial information is examined from the perspective of effective management decision making with special emphasis on the planning and controlling responsibilities of practicing managers.
Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents:
• University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum.
University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.
Weygandt, J. J. (2008). Financial accounting (6th ed.). Hoboken, NJ: John Wiley & Sons.
All electronic materials are available on your student website.
|Week One: Basic Accounting Principles and Concepts |
| |Details |Due |Points |
|Objectives |Define the purpose of accounting. | | |
| |Identify the basic assumptions, principles, and constraints of accounting. | | |
| |Explain the four basic financial statements and how they are interrelated with each other. | | |
| |Analyze transactions using the rules of debit and credit. | | |
| |Post journal entries to the general ledger. | | |
|Readings |Read Ch. 1, 2, & 7 of Financial Accounting. | | |
| |Read this week’s Electronic Reserve Readings. | | |
| |Read the following items, available at http://ecampus.phoenix.edu: | | |
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| |Learning Team Handbook | | |
| |Guide to Charter | | |