• Accounting I Syllabus

    2020-2021

    Mrs. Fix

    Computer Lab H124                    afix@hisd.com                903-668-5990 ext. 4082

    Accounting I is a 2-semester course. Successful completion will earn the student one credit and is part of the Business and Industry Endorsement.

    Course Description: 

    Students investigate the field of accounting, including how it is impacted by industry standards as well as economic, financial, technological, international, social, legal, and ethical factors. Students engage in the processes of recording, classifying, summarizing, analyzing, and communicating accounting information. Students formulate and interpret financial information for use in management decision making.

    Course Objectives: 

    • Gain an understanding of the accounting industry
    • Explore accounting careers
    • Use equations, graphical representations, account tools, strategies, and systems in real-world situations to maintain, monitor, control, and plan the use of financial resources
    • Maintain cash controls
    • Perform accounting functions specific for service businesses and merchandising businesses including accounts payable and accounts receivable functions, tracking cash flow, and maintaining inventory records
    • Complete payroll procedures
    • Perform specialized accounting functions for a corporation
    • Know the laws and regulations in managing business operations and transactions in accounting
    • Access, process, maintain, evaluate, and disseminate financial information to assist in business decision making

    Assessment Plan:

     MAJOR GRADES: Comprehensive Accounting Problems, Practice Sets, Chapter Tests, Competitive Tests

    • Weighted 60%
    • 3 per 9 weeks

     MINOR GRADES: Daily Grades, Chapter Problems, and Worksheet.

    • Weighted 40%
    • 1 each week

    Grading Scale:      

     A         90-100            

     B         80-89              

     C         70-79              

     F         Below 70         

    Supplies:

    • Pen and Pencils
    • Notebook Paper
    • Folder with Pockets
    • Handheld 4-function calculator ($1.00 at Wal-Mart)—No one will use a phone calculator.