Sheridan Course Outlines

ACCG3016
Accounting Information Systems 2

I: Administrative Information II: Course Details III: Topical Outline(s) Printable Version

Section I: Administrative Information

Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Fall 2003
Prerequisites: N/A
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Business Admin - Accounting
Program Coordinator(s): Multiple Coordinators
Course Leader or Contact: Multiple Course Leaders
Version: 6.01
Status: Approved - Under Rev (AREV)

Section I Notes: N/A

Section II: Course Details

Detailed Description

Learn and gain hands-on experience to complete an entire accounting cycle, including the production of financial statements, using an automated accounting software package, Quick Book Pro. The package is a suite of integrated modules, which include the General Ledger, Accounts Receivables, Accounts Payable, Inventory and Payroll.

Learn and gain hands-on experience to complete a personal income tax return using an automated income tax software package, QuickTax Small Business. The student will prepare a tax return for a selection of different clients. An analysis of the changes to a client's tax return will be prepared, including the optimization of available deductions.

Program Context

Business Admin - Accounting

Program Coordinator: Multiple

This course is a core component of the third year of the Accounting Program. Program Coordinators: Donna P. Grace (Davis), Alison Fiererabend (Trafalgar)

Course Learning Outcomes
Learning outcomes identify the critical performances, and the knowledge, skills and attitudes that successful students will have reliably demonstrated through the learning experiences and evaluation in the course. Successful students will have demonstrated the following:

 
            Knowledge
			
Successful students will have demonstrated 
knowledge of:

-using an automated accounting package to complete an accounting  
 cycle, including the production of a complete set of financial 
 statements.

-using an automated income tax package to prepare personal tax returns 
 for various types of clients

-a taxpayer's income items that need to be declared in a tax return

-a taxpayer's deductions from income that are available to reduce the 
 taxpayer's income tax payable

 
            Skills
			
Successful students will have demonstrated further 
development in their abilities to:

-record business transactions properly in order to build accurate 
 accounting records

-prepare financial statements that accurately reflect the businesses' 
 financial position

-accurately prepare personal income tax returns for a variety of 
 different clients

-analyze the client's income tax return and explain which income 
 and/or deduction items have caused the change in the taxpayer's  
 income tax payable/(refund)

 
            Attitudes
			
Successful students will have demonstrated 
attitudes of:

-commitment to thorough problem analysis processes and the development 
 of creative accounting solutions

-responsibility, as demonstrated by bheaviors such as attending, 
 participating and learning in classroom and independently
 
-responsibility in meeting test and assignment due dates

-commitment to the production of high quality computer produced 
 reports

Evaluation Plan
Students demonstrate their learning in the following ways:

Students demonstrate their learning in the following ways:

All tests and assignments must be completed on the dates specified by 
the instructor.  Extensions for a test or an assignment may be granted 
by the instructor based on documentation submitted by the student.

The student must provide (for any missed tests) appropriate 
documentation to the instructor within three days of returning to the 
College and must notify the instructor by voice mail or e-mail prior 
to the test.

Attendance:  Attendance at scheduled classes/labs is an integral part 
of the course and will have a direct bearing on the student's success.


Evaluation:

Accounting Assignments    10%

Income Tax Assignments    10%

Accounting Test           40%

Income Tax Test           40%

                         ______

                  Total:  100%

Provincial Context
The course meets the following Ministry of Training, Colleges and Universities requirements:

Generic Skills
Generic Skills emphasized in the course:

X	communication - written		communication - oral		communication - visual
X	analytical		creative thinking	X	decision making
	interpersonal	X	numeracy	X	organizational
X	problem solving		technological		other (see below)

Notes: N/A

General Education
This General Education course relates to the following themes as specified by the Ministry of Training, Colleges and Universities.

	asthetic appreciation		social understanding
	civic life		understanding science
	cultural understanding		understanding technology
	personal development		work and the economy

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) : Office of the Registrar
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous relevant work/life experience, service, self-study and training on the job. This course is eligible for challenge through the following method(s):

Challenge Exam	Portfolio	Interview	Other	Not Eligible for PLAR
				X

Notes: N/A

Section III: Topical Outline

Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Effective term: Fall 2003
Professor: Multiple Professors
Textbook(s):

To be determined.

Applicable student group(s): Business Administration - Accounting
Course Details:

WEEK                   CONTENT
______________________________________________________________________

  1      Introduction to accounting software package (QuickBooks)

  2      Accounts Receivables - Sales & Receipts

  3      Accounts Payable - Purchase & Payments

  4      Payroll

  5      General Journals, etc. 

  6      Financial Statements

  7      Accounting Test

  8      Income tax returns - introduction (QuickTax)

  9      Income tax returns - self employment income and expenses

 10      Income tax returns - self employed income tax and expenses

 11      Income tax returns - commission income and expenses

 12      Income tax returns - senior's tax return

 13      Income tax returns - investment income optimization -         
         advanced

 14      Income Tax Test

Sheridan Policies

All Sheridan policies can be viewed on the Sheridan policy website.

Academic Integrity: The principle of academic integrity requires that all work submitted for evaluation and course credit be the original, unassisted work of the student. Cheating or plagiarism including borrowing, copying, purchasing or collaborating on work, except for group projects arranged and approved by the professor, or otherwise submitting work that is not the student's own, violates this principle and will not be tolerated. Students who have any questions regarding whether or not specific circumstances involve a breach of academic integrity are advised to review the Academic Integrity Policy and procedure and/or discuss them with the professor.

Copyright: A majority of the course lectures and materials provided in class and posted in SLATE are protected by copyright. Use of these materials must comply with the Acceptable Use Policy, Use of Copyright Protected Work Policy and Student Code of Conduct. Students may use, copy and share these materials for learning and/or research purposes provided that the use complies with fair dealing or an exception in the Copyright Act. Permission from the rights holder would be necessary otherwise. Please note that it is prohibited to reproduce and/or post a work that is not your own on third-party commercial websites including but not limited to Course Hero or OneNote. It is also prohibited to reproduce and/or post a work that is not your own or your own work with the intent to assist others in cheating on third-party commercial websites including but not limited to Course Hero or OneNote.

Intellectual Property: Sheridan's Intellectual Property Policy generally applies such that students own their own work. Please be advised that students working with external research and/or industry collaborators may be asked to sign agreements that waive or modify their IP rights. Please refer to Sheridan's IP Policy and Procedure.

Respectful Behaviour: Sheridan is committed to provide a learning environment that supports academic achievement by respecting the dignity, self-esteem and fair treatment of every person engaged in the learning process. Behaviour which is inconsistent with this principle will not be tolerated. Details of Sheridan's policy on Harassment and Discrimination, Academic Integrity and other academic policies are available on the Sheridan policy website.

Accessible Learning: Accessible Learning coordinates academic accommodations for students with disabilities. For more information or to register, please see the Accessible Learning website (Statement added September 2016)

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Any changes to course curriculum and/or assessment shall adhere to approved Sheridan protocol. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.

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