1. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions course syllabus blended model student version next Cover evening classes MBA 500 Financial Accounting Benedictine Hallmarks 2011-2012 STABILITY  STEWARDSHIP

2. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Benedictine University Margaret and Harold Moser Center 1832 Centre Point Circle Naperville, IL 60563 Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience Discipline  Humility  Stewardship  Hospitality  Community Phone: (630) 829-6289 Fax: (630) 829-1375 moser college mission and vision Addresses the educational needs of adult students by developing and providing engaging, relevant and accelerated programs. Enhances scholarship, leadership skills, social responsibility, and promotes life-long learning. Provides high-quality, easily accessible educational opportunities for adult learners. Enables adults to earn specific undergraduate and graduate degrees while maintaining their personal and professional commitments. Develops new degree and non-degree programs that address the expressed needs of the professional community. course syllabus blended model Moser College Mission Statement: Moser College embodies the values of respect, excellence, collaboration, and professionalism. We are committed to delivering innovative and dynamic programs designed for adult students who are dedicated to enhancing their professional, local, and global communities. Moser College Vision Statement: To be one of the premier university colleges in the nation. MBA 500 Financial Accounting student version about this document about Moser College about blended learning hallmarks of a Benedictine education student expectations attendance policy submission of work netiquette _________________________ IDEA objectives & IDEA description course overview required textbooks grading scale learning outcomes course schedule financial aid library resources Academic Honesty Policy APA formatting and style APA resources for students Student Success Center (SSC) services for students with disabilities _________________________ Benedictine Current Students Moser Center Student Information Student Login to D2L Student E-Mail Login Academic Calendars BenUConnect  MyBenU contents links 2 Content Links external links

3. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community About Blended Learning Blended learning is the integration of different learning environments: mainly the online format with the face-to-face format, but may also include mobile learning. Blended learning, also referred to as hybrid learning, relies on both the advantages of digital/technology innovation and the methods of face-to- face instruction. At Moser College, we use blended learning by combining asynchronous online classroom sessions with a face-to-face classroom environment. We alternate between the online session and the face-to-face session in 5-week courses, with the A session being face-to-face and the B session being online. 3 About Your Program at Benedictine University – Moser College About This Document This is a hypermedia document – it has been built to mimic navigation on the web. This document can also be viewed as a presentation or it can be printed like a traditional document. We use this sort of document because it allows for navigation links (hyperlinks) to text, graphics, audio/video, and the web. This type of document also allows you to navigate in a nontraditional, nonlinear way – by following the page links you are not bound to read or flip through the document in any sort of order. This is yet another example of Moser College’s commitment to advancements in technology and blended learning. About Moser College The Moser College of Adult & Professional Studies delivers its curricular programs in a specifically designed structure deliberately oriented for working, adult learners. The Moser College is committed to providing a learning environment which extends beyond the classroom and is designed specifically to meet the needs of its students and their employers by bringing a quality educational experience without requiring the student to relocate or travel extensively beyond their home area. Benedictine University's Moser College of Adult & Professional Studies is fully accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools*. hallmarks of a Benedictine Education: About MBA 500 Financial Accounting * web pathBenedictine UnivAcademic ProgramsMoser College

4. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 4 The Ten Hallmarks of a Benedictine Education A Benedictine Education Based on the Rules of Saint Benedict, a Benedictine Education is based on the Benedictine Wisdom Tradition that sets as its goals the transformation of the Human mind AND Heart and has at its foundation “The Ten Hallmarks of a Benedictine Education”.Rules of Saint Benedict“The Ten Hallmarks of a Benedictine Education The Ten Hallmarks Each academic year Moser College will be celebrating two of the Hallmarks. This academic year 2011-2012, the Hallmarks Stability and Stewardship have been chosen. The ten hallmarks are: 1.Love of Christ and Neighbor 2.Prayer: a Life marked by liturgy, lection and Mindfulness 3.Stability: commitment to the daily life of this place, its heritage and tradition 4.Conversatio: the way of formation and transformation 5.Obedience: a commitment to listening and consequent action 6.Discipline: a way toward learning and freedom 7.Humility: knowledge of self in relation to God, others and creation 8.Stewardship: responsible use of creation, culture and the arts 9.Hospitality: openness to others 10. Community: call to serve the common good Portrait (1926) by Herman Nieg (1849–1928); Heiligenkreuz Abbey, Austria Hallmarks MBA 500 Financial Accounting

5. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 5 Student Expectations Expectations of Students In order to get the maximum use of the time available, it is expected that you will: Read the material to be covered in the class and complete required assignments prior to attending the class/session; Arrive/login to class/session prepared to participate actively; Be prepared to actively participate in the collaborative activities of each class/session; and Always feel free to seek additional help from the instructor when the need arises. Attendance Policy Students may not miss more than 25% of the live classroom sessions. Doing so will result in an F for the course. Expectations financial aid information Submission of Work All assignments are to be submitted into Desire 2 Learn (D2L) unless otherwise noted by instructor. Assignments must be submitted by due date. Any assigned work submitted late for any unexcused reason will receive a lowered grade. Please refer to your instructor’s late work policy located in D2L. In the event that you miss an examination for due cause, arrangements must be made with the instructor for a make-up examination. Important criteria concerning the submission of work: Make-up examinations may differ from the original class examination. Per University policy, assignments cannot be accepted by an instructor after the last day of the course. Only discussions threads posted by 11:59 pm CST on the due date will count for grading purposes. information concerning netiquette: MBA 500 Financial Accounting

6. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 6 About Netiquette What is Netiquette? "Netiquette" stands for "Internet Etiquette", and refers to the set of practices which help to make the online experiences pleasant for all involved. As you might expect, netiquette, like other forms of etiquette, is about courtesy, manners, codes of behavior, protocols and respect. Netiquette primarily focuses on how we interact with one another online, by being aware of: our use of language, others’ cultural background, conventional norms, and other behaviors. Below you will find guidelines concerning the basics of online interaction. If it isn’t something you would say or do in the face-to-face classroom, it is probably inappropriate in the online class as well. Netiquette Netiquette Basics 1.Follow the Golden Rule (“One should treat others as one would like others to treat oneself”) 2.Be ethical, fair, tolerant and mindful of others – avoid stereotyping, judgment and prejudice 3.Know the boundaries of particular cyberspaces – what is acceptable in a text or chatroom with friends may not be appropriate in a classroom or in an online conversation with an instructor 4.Respect the time of others by: 1) using descriptive subject lines, 2) resizing images for the web, 3) providing links instead of copying and pasting content, 5) using white space by inserting blank lines between paragraphs and headers and 6) limiting your use of attachments 5.Copy the minimum number of people – it is tempting to send “email” or “message blasts” because it is easier for the poster, but it is not easier for the reader For more information please review Netiquette by Virginia Shea Inappropriate Online Usage 1.Avoid “flaming” – flaming is sending offensive, insulting or criticizing messages. This happens more often online then in face-to-face interaction, because there is an illusion of anonymity. 2.Flaming is neither productive nor appropriate for the learning environment 3.Always avoid flaming when it comes to content and opinions, but also avoid it when it comes to grammar, punctuation and spelling corrections 4.Avoid using CAPS if possible and never type messages in ALL CAPS – this is considered yelling and is often seen as a form of aggression 5.Use emoticons ( :), :(, :-) ) sparingly and avoid the use of JK, BRB, LOL and other text language Confidentiality and Privacy 1.Email, messaging and posting are forms of written record and are just as permanent as a letter or document 2.Do not publicize your own or others’ personal information (such as email, phone numbers, last names etc.) 3.Respect copyright and cite any and all sources 4.Do not expect that your communications are private, instead assume all communications are public MBA 500 Financial Accounting

7. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community IDEA Objectives Acquiring skills in working with others as a member of a team. Developing creative capacities (writing, inventing, designing, performing in art, music, drama, etc.) Gaining a broader understanding and appreciation of intellectual/ cultural activity (music, science, literature, etc.) Developing skill in expressing oneself orally or in writing. Learning how to find and use resources for answering questions or solving problems. Developing a clearer understanding of, and commitment to, personal values. Learning to analyze and critically evaluate ideas, arguments, and points of view. Acquiring an interest in learning more by asking questions and seeking answers. 7 Individual Development and Educational Assessment IDEA Description The IDEA student survey focuses on the instructor’s learning objectives for the course and on the progress each student made toward achieving those objectives. By answering thoughtfully and honestly, your ratings and comments will be much more helpful – to the instructor, the department chair, and the dean of the college. As students, you should also know that student ratings and comments have been used to help evaluate courses and to improve the educational experience at Benedictine University. The appropriate standard of conduct with respect to student surveys is thoughtful comments and constructive criticism – respectfully communicated. A Focus on Learning “The IDEA Student Ratings system looks at instruction in terms of its endgame. Rather than emphasizing teaching style or personality, the IDEA system focuses on student learning and the methods used to facilitate it.” – from the IDEA website: www.theideacenter.org/node/5www.theideacenter.org/node/5 IDEA MBA 500 Financial Accounting

8. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community Course Description Concentrates on the preparation, interpretation, and analysis of the balance sheet, income statement, and statement of cash flows. Emphasizes the rationale for and implications of important accounting concepts, the selection of alternatively acceptable accounting methods and their varying affects of valuation and net income determination and reporting. Provides student with an opportunity to understand the complex accounting data they will receive as operational managers. 8 Student Evening Course Overview The Course Grading Scale Technological Computer Requirements Students in the Blended program will need: High-speed Internet access; a sound card and speakers; Windows XP (minimum)/Windows 7 (recommended) or Mac OS X 10.5 or higher; and Firefox 3.6 or higher. It is also highly recommended that students have access to a microphone or webcam for optional audio/videoconferencing. A=4.0090 - 100%EXCELLENT B = 3.0080 – 89%GOOD C = 2.0070 – 79%SATISFACTORY D = 1.0060 – 69%PASS F = 0.00BELOW 60%FAIL I = INCINCOMPLETE Course Overview Discussion Forum Guidelines To receive a minimum passing grade, students must make a post to each discussion question for that week by day 4 of each week and respond to at least two other postings by the end of the week. Individual Posts are worth up to 5 points and the total Response Posts are worth up to 5 points total. Each discussion will total up to 10 points. MBA 500 Financial Accounting Course Materials Required Textbook and Materials Libby, Robert, Libby, Patricia A., & Short, Daniel G. (2014). Financial Accounting (8 th ed.). New York, NY: McGraw-Hill/Irwin. ISBN 9780078025556 Students are required to use McGraw-Hill’s Connect ® Plus Accounting to complete quizzes and homework assignments.

9. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 9 Student Evening Course Outcomes Learning Outcomes about Bloom’s Taxonomy WkLearning ObjectiveAssignmentPts 1A Explain how companies use various approaches for compensating senior executives In-class group PBL (steps 1-8) assignment on management incentives 10 pts Locate and review financial statements for selected company In-class team case study part 1 – select company and obtain financial statements 20 pts 1B Recognize the information contained in each of the fours basic statements and the way that is used Discussion question – who relies on the information in financial statements. Post and two responses in D2L 10 pts Identify the role of GAAP in determining financial statement content and how companies ensure the accuracy of their financial statements Individual quiz in Connect® Plus Accounting - chapter questions, Chapters 1-3 20 pts Apply transaction analysis to simple business transactions in terms of the accounting model: Assets = Liabilities + Stockholders’ Equity Individual homework assignment in Connect® Plus Accounting – chapter problems, Chapters 1-3 40 pts 2A Compare financial performance of companies who compete in the same market In-class group PBL (steps 1-8) assignment on comparing companies within an industry 10 pts Evaluate quality of earnings for selected companyPresent conclusions for team case study part 2 – quality of earnings for selected company 20 pts 2B Apply the revenue realization principle to determine the accepted time to record sales Discussion question – revenue and expense recognition. Post and two responses in D2L 10 pts Explain the purpose of adjustments and analyze the adjustments necessary at the end of the period to update balance sheet and income statement accounts Individual quiz in Connect® Plus Accounting - chapter questions, Chapters 4-5 20 pts Compute and interpret asset turnover ratiosIndividual homework assignment in Connect® Plus Accounting – chapter problems, Chapters 4-5 40 pts MBA 500 Financial Accounting

10. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 10 Student Evening Course Outcomes Learning Outcomes about Bloom’s Taxonomy WkLearning ObjectiveAssignmentPts 3A Evaluate alternative approaches for dealing with a financial reporting ethics issue In-class group PBL (steps 1-8) assignment on ethical dilemma 10 pts Evaluate selected company’s use of assets to generate revenue Present conclusions for team case study part 3 – analyze assets for selected company 20 pts 3B Decide when the use of different inventory costing methods is beneficial Discussion question – LIFO and FIFO. Post and two responses in D2L 10 pts Apply the cost principle to identify the amounts that should be included in inventory and cost of goods sold Individual quiz in Connect® Plus Accounting - chapter questions, Chapters 6-8 20 pts Analyze the impact of credit card sales, sales discounts and sales returns on the amounts reported as net sales Individual homework assignment in Connect® Plus Accounting – chapter problems, Chapters 6-8 40 pts 4A Analyze the terms of a lease and determine how the lease should be reported in a company’s financial statements In-class group PBL (steps 1-8) assignment on leases and contingent liabilities 10 pts Evaluate selected company’s leverage and risk based on nature of liabilities Present conclusions for team case study part 4 – analyze liabilities for selected company 20 pts 4B Apply present value concepts to liabilitiesDiscussion question – issuing bonds at a discount. Post and two responses in D2L 10 pts Report notes payable and explain the time value of money Individual quiz in Connect® Plus Accounting - chapter questions, Chapters 9-10 20 pts Compute present values of various types of future cash flows Individual homework assignment in Connect® Plus Accounting – chapter problems, Chapters 9-10 40 pts MBA 500 Financial Accounting

11. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 11 Student Evening Course Outcomes Learning Outcomes WkLearning ObjectiveAssignmentPts 5A Evaluate the benefits of cash versus stock dividends to the individual investor In-class group PBL (steps 1-8) assignment on dividends10 pts Evaluate selected company’s stock performance and dividend policy Present conclusions for team case study part 5 – stock performance and dividend policy 20 pts 5B Recommend a method for recording investments in other companies Discussion question – equity method. Post and two responses in D2L 10 pts Explain the role of stock in the capital structure of a corporation Individual quiz in Connect® Plus Accounting - chapter questions, Chapters 11-12 20 pts Evaluate cash flows from operating, investing and financing activities Individual homework assignment in Connect® Plus Accounting – chapter problems, Chapters 11-12 40 pts 6A Evaluate the health of a company based on its cash flow In-class group PBL (steps 1-8) assignment on statement of cash flows 10 pts Assess the long term financial performance and total shareholder return for selected company Present conclusions for team case study part 4 – long term financial performance and total shareholder return 20 pts 6B Explain the benefits and pitfalls of ratio and trend analysis Discussion question – ratios and trends. Post and two responses in D2L 10 pts Explain how a company’s business strategy affects financial analysis Individual quiz in Connect® Plus Accounting - chapter questions, Chapters 13-14 20 pts Compute and interpret profitability, liquidity, solvency and market ratios Individual homework assignment in Connect® Plus Accounting – chapter problems, Chapters 13-14 40 pts MBA 500 Financial Accounting Total Points for the Course Discussion Questions in D2L10 points each x 6= 60 points10% of the total points Individual Homework Assignments in Connect ® Plus Accounting 40 points each x 6= 240 points40% of the total points In-class Group PBL Assignments 10 points each x 6= 60 points10% of the total points Individual Quizzes in Connect ® Plus Accounting 20 points each x 6= 120 points20% of the total points Team Case Study20 points each part x 6 parts = 120 points20% of the total points Total Points for the Course= 600 points

12. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 12 Student Evening Course Schedule SessionLoc.Class TitleAssignments 01 AF2F Balance Sheet and Income Statement In-class team case study part 1 – select company and obtain financial statements. In- class group PBL activity – analyzing management incentives. 01 Bonline Balance Sheet and Income Statement Read Chapters 1, 2 and 3. Individual quiz in Connect ® Plus Accounting. Individual homework in Connect ® Plus Accounting. Discussion question – who relies on the information in financial statements? 02 A F2FQuality of Earnings and Disclosures Team case study part 2 – evaluate quality of earnings for selected company. In-class group PBL activity – comparing companies within an industry. 02 Bonline Quality of Earnings and Disclosures Read Chapters 4 and 5. Individual quiz in Connect ® Plus Accounting. Individual homework in Connect ® Plus Accounting. Discussion question – revenue and expense recognition principles. Course Schedule MBA 500 Financial Accounting

13. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 13 Student Evening Course Schedule SessionLoc.Class TitleAssignments 03 A F2FReporting and Interpreting Assets No pre-class reading. Instructor will review Chapters 1-3 in class Team case study part 3 – analyze assets for selected company. In-class group PBL activity – evaluating an ethical dilemma. 03 Bonline Reporting and Interpreting Assets Read Chapters 6, 7 and 8. Individual quiz in Connect ® Plus Accounting. Individual homework in Connect ® Plus Accounting. Discussion question – LIFO and FIFO. 04 AF2F Reporting and Interpreting Liabilities Team case study part 4 – analyze liabilities for selected company. In-class group PBL activity – leases and contingent liabilities. 04 Bonline Reporting and Interpreting Liabilities Read Chapters 9 and 10. Individual quiz in Connect ® Plus Accounting. Individual homework in Connect ® Plus Accounting. Discussion question – issuing bonds at a discount. Course Schedule MBA 500 Financial Accounting

14. homeaboutexpectationsresources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community 14 Student Evening Course Schedule SessionLoc.Class TitleAssignments 05 A F2FReporting and Interpreting Stockholders’ Equity Team case study part 5 – evaluate stock performance and dividend policy for selected company. In-class group PBL activity – cash dividends versus stock dividends. 05 Bonline Reporting and Interpreting Stockholders’ Equity Read Chapter 11. Individual quiz in Connect ® Plus Accounting. Individual homework in Connect ® Plus Accounting. Discussion question – equity method. 06 A F2FAnalyzing Cash Flow and Profitability Team case study part 6 - report on selected company. In-class group PBL activity – statement of cash flows. 06 Bonline Analyzing Cash Flow and Profitability Read Chapters 12 and 13. Individual quiz in Connect ® Plus Accounting. Individual homework in Connect ® Plus Accounting. Discussion question – ratios and trends. Course Schedule MBA 500 Financial Accounting