District Syllabus
ACG2021
Financial Accounting Principles


Credit Hours: 3
Contact Hours: 3 (NOTE: )
Laboratory Fee: None.
Prerequisites: There are no prerequisites for this course.
Corequisites: There are no corequisites for this course.
Catalog Description: This course approaches accounting as an information or decision support system. Emphasis is placed on the analysis of business transactions and the evaluation of their effect on the operation of the enterprise. The method of instruction is shifted from "how to do it" to "why it is done and what it means." The basic logic and principles associated with preparation and/or critical evaluation of accounting information will also be addressed.
Required Materials:
Supplemental Materials:
Special Requirements: None
Program Learning Outcomes:
Upon completion of the course participants will:

  1. Discuss the nature of basic business activity as it relates to standard financial reporting.
  2. Demonstrate the effect of actual or proposed business activities on financial statements.
  3. Apply the accounting process from inception of a transaction to analysis of resulting reports.
  4. Discuss the role of accounting as an information system and explain its limitations.
Course Learning Outcomes:
  1. Define terms
  2. Prepare financial statements
  3. Analyze financial statements
Methods of Evaluation: Evaluation of student progress towards achieving the stated learning outcomes and performance objectives is the responsibility of the instructor, within the policies of the college and the department. Detailed explanation is included in the expanded syllabus developed by the instructor for each section being taught. Evaluation of achievement shall be based on tests, quizzes, case analyses, and other factors determined by the instructor. The methods and components of evaluation, and the grading scale will be distributed during the first week of class.
Flexibility: It is the intention of the instructor to accomplish the objectives specified in the course syllabus. However, circumstances may arise which prohibit the fulfilling of this endeavor. Therefore, this syllabus is subject to change. When possible, students will be notified of any change in advance of its occurrence.
Student Email Accounts Pensacola State College provides an institutional email account to all credit students. Pirate Mail is the official method of communication, and students must use Pirate Mail when communicating with the College. In cases where companion software is used for a particular class, emails may be exchanged between instructor and student using the companion software.
Note: For students with a disability that falls under the Americans with Disability Act or Section 504 of the Rehabilitation Act, it is the responsibility of the student to notify Student Resource Center for ADA Services to discuss any special needs or equipment necessary to accomplish the requirements for this course. Upon completion of registration with the Student Resource Center for ADA Services office, specific arrangements can be discussed with the instructor.