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Course Description

This course provides technical knowledge in regards to the application of accounting principles in planning and control. The fundamental accounting principles for Corporations and the introduction to management accounting and cost accounting concepts. The course covers the application of computerized and integrated accounting information system.

Course Objectives

To prepare the student for careers in private and public accounting and obtain knowledge in:

  • Prepare, analyze and interpret financial statements
  • Apply various management tools for measuring and evaluating business condition and operating performance
  • Preparation of various type of budget reports
  • Application of the new production management concepts
  • Generally Accepted Accounting Principles
  • Higher level recording and accounting for companies in the manufacturing business

Teaching Methodologies

Classes will consist of lectures and discussions on the subject chapter assigned for that day. Students are expected to have read the assigned material before class meeting dates. Please see syllabus for meeting dates.

Course Requirements

Students are expected to submit all assignments, attend all classes and participate in class discussions. Assignments will be given for each chapter. No make-up will be given for missed assignments, midterm and final exams without an acceptable and verifiable reason.

Plagiarism

In line with our School’s program intent in developing ethical professionals, students must adhere to honesty and giving credit (where applicable) to cited sources on exams and assignments, respectively.  Note that when making reference to published works (secondary data, etc.), you must provide appropriate credit to your sources.  Use the APA Manual as a reference to how citations and how your reports are to be prepared.  Absolutely no credit/points will be granted for works where cheating (exams) and plagiarism are observed.  Plagiarism will result in automatic failure of the course.

Fatal Error Policy (Outcome Assessed:  Effective Written Communication Skills)

If any submitted writing assignment has more than 3 obvious grammatical or citation errors, the instructor will return the assignment to the student to make the appropriate corrections; otherwise, the assignment will not be graded.

Students with Disability

If you are a student with a disability who will require accommodation(s) to participate in this course, please contact the University of Guam’s EEO/ADA office. If you have not registered with the EEO/ADA office, you should do so immediately at 735-2244 734-2971/2243 to continue your accommodation request.

Attendance and Participation

Students are expected to attend all classes and participate in class discussions.

Late Assignments

All assignments must be submitted according to the due date in order to receive full credit. I reserve the right to lower the assignment grade for each day the assignment is late.