The schedule below outlines the topics we will be covering in this course, along with the associated time frames and assignments.
Note that all dates reflect North American eastern time (ET). This ensures that all students have the same deadlines regardless of where they live. All lesson assignments must be submitted by 11:59 PM (ET) on the last day of the timeframe indicated below for the lesson unless otherwise stated.
Lesson 1: Introduction to Accounting and Business
Lesson 1
Readings: |
Textbook
- Chapter 1: Accounting in Business. Skip Appendix 1A and 1B
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Activities: |
- Academic Integrity Tutorial
McGraw Hill Connect
- Interactive Presentations – Chapter 1
- Smartbook – Chapter 1
- Need-Know Videos and Guided Examples – Chapter 1
- Problems – Chapter 1
Canvas
- Quiz #1 – Chapter 1 and Lesson 1 online content
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Lesson 2: Analyzing and Recording Business Transactions
Lesson 2
Readings: |
Textbook
- Chapter 2: Accounting for Business Transactions
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 2
- Smartbook – Chapter 2
- Need-Know Videos and Guided Examples – Chapter 2
- Problems – Chapter 2
Canvas
- Quiz #2 – Chapter 2 and Lesson 2 online content
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Lesson 3: Matching Concepts and Adjusting Entries
Lesson 3
Readings: |
Textbook
- Chapter 3: Adjusting Accounts for Financial Statements (pp 84 through 98)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 3
- Smartbook – Chapter 3
- Need-Know Videos and Guided Examples – Chapter 3
- Problems – Chapter 3
Canvas
- Quiz #3 – Chapter 3 and Lesson 3 online content
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Lesson 4: Completing the Accounting Process
Lesson 4
Readings: |
Textbook
- Chapter 3: Adjusting Accounts for Financial Statements (pp 99 through 107)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 3
- Smartbook – Chapter 3
- Need-Know Videos and Guided Examples – Chapter 3
- Comprehensive Problem 1: Completing the Accounting Cycle
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Lesson 5: Accounting For Merchandising Operations
Lesson 5
Readings: |
Textbook
- Chapter 4: Accounting for Merchandise Operations (skip pp. 154-156 and pp 159 through end of chapter)
- Chapter 5: Inventories and Cost of Sales (pp. 190-200)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapters 4 and 5
- Smartbook – Chapter 4
- Smartbook – Chapter 5
- Need-Know Videos and Guided Examples – Chapters 4 and 5
- Problems – Chapters 4 and 5
Canvas
- Quiz #4 – Chapters 4 and 5 and Lessons 4 and 5 online content
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Lesson 6: Internal Accounting Controls and Cash and Receivables
Lesson 6
Readings: |
Textbook
- Chapter 6: Cash, Fraud and Internal Controls (pp 234 - 245)
- Chapter 7: Accounting for Receivables (pp 270 -281)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapters 6 and 7
- Smartbook – Chapter 6
- Smartbook – Chapter 7
- Need-Know Videos and Guided Examples – Chapters 6 and 7
- Problems – Chapter 7
Canvas
- Quiz #5 – Chapters 6 and 7 and Lesson 6 online content
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Lesson 7: Plant Assets, Natural Resources and Intangible Assets
Lesson 7
Readings: |
Textbook
- Chapter 8: Accounting for Long-Term Assets
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 8
- Smartbook – Chapter 8
- Need-Know Videos and Guided Examples – Chapter 8
Canvas
- Quiz #6 – Chapter 8 and Lesson 7 online content
- Mid-term Exam – All materials covered in Lessons 1-7
- All questions will be multiple choice
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Lesson 8: Corporations, Stockholders’ Equity, and Statement of Cash Flows
Lesson 8
Readings: |
Textbook
- Chapter 11: Corporate Reporting and Analysis
- Chapter 12: Reporting Cash Flows (pp. 452-466)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 11 and 12
- Smartbook – Chapter 11
- Smartbook – Chapter 12
- Need-Know Videos and Guided Examples – Chapters 11 and 12
- Problems – Chapters 11 and 12
Canvas
- Quiz #7 – Chapters 11 and 12 and Lesson 8 online content
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Lesson 9: Financial Statement Analysis
Lesson 9
Readings: |
Textbook
- Chapter 13: Analysis of Financial Statements (pp. 496-514)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 13
- Smartbook – Chapter 13
- Need-Know Videos and Guided Examples – Chapter 13
- Comprehensive Problem #2 - Statement of Cash Flows, Vertical Analysis, Horizontal Analysis, and Ratio Analysis
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Lesson 10: Introduction to Managerial Accounting
Lesson 10
Readings: |
Textbook
- Chapter 14: Managerial Accounting Concepts and Principles
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapters 14
- Smartbook – Chapter 14
- Need-Know Videos and Guided Examples – Chapter 14
- Problems – Chapter 14
Canvas
- Quiz #8 – Chapter 14 and Lesson 10 online content
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Lesson 11: Job Order Costing and Process Costing
Lesson 11
Readings: |
Textbook
- Chapter 15: Job Order Costing and Analysis (pp 570-587)
- Chapter 16: Process Costing and Analysis (pp. 610-628)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapters 15 and 16
- Smartbook – Chapter 15
- Smartbook – Chapter 16
- Need-Know Videos and Guided Examples – Chapters 15 and 16
- Problems – Chapters 15 and 16
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Lesson 12: Cost Volume Profit Analysis
Lesson 12
Readings: |
Textbook
- Chapter 18: Cost Behavior and Cost-Volume-Profit Analysis (pp 696-716)
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 18
- Smartbook – Chapter 18
- Need-Know Videos and Guided Examples – Chapter 18
- Problems – Chapter 18
Canvas
- Quiz #9 – Chapter 18 and Lesson 12 online content
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Lesson 13: Master Budgets
Lesson 13
Readings: |
Textbook
- Chapter 20: Master Budgets and Performance Planning (pp. 770-788)
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Activities: |
McGraw Hill Connect
- Interactive Presentations – Chapter 20
- Smartbook – Chapter 20
- Need-Know Videos and Guided Examples – Chapter 20
- Comprehensive Problem #3 – Master Budgets
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Lesson 14: Flexible Budgets, Standard Costs, and Responsibility Accounting
Lesson 14
Readings: |
Textbook
- Chapter 21: Flexible Budgets and Standard Costs (pp. 820-826)
- Chapter 22: Responsibility Accounting (pp. 868-887)
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Activities: |
McGraw Hill Connect
- Interactive Presentations – Chapters 21 and 22
- Smartbook – Chapter 21
- Smartbook – Chapter 22
- Need-Know Video and Guided Examples – Chapters 21 and 22
- Problems – Chapters 21 and 22
Canvas
- Quiz #10 – Chapters 21 and 22 and Lesson 14 online content
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Lesson 15: Short-Term Decisions
Lesson 15
Readings: |
Textbook
- Chapter 23: Relevant Costing for Managerial Decisions
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Activities:
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McGraw Hill Connect
- Interactive Presentations – Chapter 23
- Smartbook – Chapter 23
- Need-Know Videos and Guided Examples – Chapter 23
- Problems – Chapter 23
Canvas
- Quiz #11 – Chapters 23 and Lesson 15 online content
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Final Exam
Final Exam
Readings: |
Textbook
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Activities: |
Canvas
- Final Exam - all materials from Lessons 8-15
- All questions will be multiple choice.
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