Mrs. Burbrink ~ Accounting I
Syllabus and Curriculum Map
The final test of a leader Is that he leaves behind in other people
The convictions and the will to carry on.
- Walter Lippmann
Welcome to Accounting. Accounting is the language of business. After careful calculations, Accountants convey to management the bottom line, which is how much profit the company has made. Accounting keeps management informed of revenue, expenses, payroll, inventory and much more important data. Businesses cannot run efficiently without accounting and the accountants who execute the calculations. All students are strongly recommended to join Business Professionals of America to compete in accounting events.
| Quarter 1, Cycle 1 | ||
| Chapter 1 | Starting A Proprietorship | Standards: 1.1 Define accounting and explain the purpose of the accounting system 1.2 Explain the importance of following Generally Accepted Accounting Principles (GAAP) and interpret the standards correctly. 1.3 Demonstrate a working knowledge of the fundamental accounting equation. 1.4 Discuss the purpose of the elements of financial statements: assets, liabilities, contributions by owners, distributions to owners, equity, revenues, expenses, gains, and losses |
| Chapter 2 | Analyzing Transactions into Debit/Credit Parts | Standards: 1.4 Discuss the purpose of the elements of financial statements: assets, liabilities, contributions by owners, distributions to owners, equity, revenues, expenses, gains, and losses. 1.7 Explain the double-entry system of accounting and demonstrate the applications of the debit and credit rules when recording and analyzing business transactions. 1.8 Journalize business transactions using various journal formats. |
| Chapter 3 | Recording Transactions in the General Journal | Standards: 1.1.6, 1.1.7, 1.1.8 |
| Quarter 2, Cycle 1 | ||
| Chapter 4 | Posting from a General Journal to A General Ledger | Standards: 1.1.9, 1.1.10 |
| Chapter 5 | Cash Control Systems | Standards: 2.1.2 |
| Chapter 6 | Worksheet for Service Business | Standards: 1.1.11, 1.1.12 |
| Quarter 1, Cycle 2 | ||
| Chapter 7 | Financial Statements for a Proprietorship | Standards: 2.1.12, 3.1.1, 3.1.2, 3.1.3, 3.1.4 |
| Chapter 8 | Recording Adjusting and Closing Entries for a Service Business | Standards: 1.1.14, 2.1.10 |
| Chapter 9 | Journalizing Purchases and Cash Payments | Standards: 2.1.2, 2.1.7 |
| Quarter 2, Cycle 2 | ||
| Chapter 12 | Preparing Payroll Records | Standards: 3.1.2, 4.1.2, 4.1.3, 4.1.4, 4.1.5, 4.1.6 |
| Chapter 13 | Payroll Accounting, Taxes and Reports | Standards: 4.1.6 |
We will cover the chapters above during the first semester. We will do the work together and application problems for preparation. Application problems will be for homework and checked in class for understanding. The mastery problems will always be for a grade and the challenge problems will be for bonus points. Points will be assigned for in-class exercises and homework. Assignments, quizzes and tests will also be assigned point values. The final exam will be accounting problems and is cumulative. The grading scale is based on percent taking total points accumulated divided by total points possible during the nine weeks and semester.
Computer assignments will be based on Quickbooks.
