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BSAD 2220-30, Introduction to Financial Accounting

Business Administration 2220 (formerly BSAD- 1A) is a foundation course in financial accounting principles. It is a study of the basic principles of accounting with an emphasis on the accounting cycle, internal control of sole proprietorships, corporations and partnerships, financial statements, accounting for assets, liabilities, revenues, and capital. Also explored are bonds and financial statement analysis.

  • Advisory: Eligibility for English 1000, Reading 1005, and BUSN 1050 strongly recommended; 64 hours of lecture.
  • Prerequisite: None

Course Details

  • Instructor: David C. Layne, Ph. D.
    • E-Mail: dlayne@taftcollege.edu
    • Telephone: 661-763-7931
    • Office Hours: The instructor will be available on campus on Monday through Friday, from 8:00 a.m. until 3:00 p.m. unless in classroom, or by appointment.
    • Student Contact Hours: The instructor is available Tuesday from 1:00 p.m. to 5:00 p.m. to work directly with students on this course. 
  • Units: 4
  • - semester credits
  • Class Meets: August 24 - December 17, 2009
  • Textbook & Estimated Costs:
    • Rental Textbook: Warren, Carl S., and Reeve, James M., Financial & Managerial Accounting, 9th Ed., Ohio: Thomson South-Western., 2007, ISBN-13: 978-0-324-40188-2. As of the Fall Semester, the rental fee for this text was $31.35 plus tax (please be aware that the price is subject to change). All rental agreement policies will be explained at the Taft College bookstore.
    • Optional Purchase: Warren, C. S., & Reeve, J. M. (2007). Study Guide 1-15, 9th Ed. Ohio: Thomson South-Western. ISBN-13: 978-0-324-63808-0. The purchase price for this text is $29.75 plus tax from the Taft College bookstore (please be aware that the price is subject to change).
    • Optional Purchase: Wanlass, J. (2007). Working Papers Plus: Financial & Managerial Accounting, 9th Ed. Ohio: Thomson South-Western. ISBN-13: 978-0-324-63815-8 or ISBN10: 0-324-63815-9
  • Estimated Time Per Week: Dependent upon the students understanding of the subject material, he or she should expect to spend 12-15 hours outside of class studying and completing assignments (i.e. reading the assigned chapters, completing the assigned questions and taking exams). The student will need to schedule for unit exams during the semester. Each unit exam is designed so that it will take approximately 60 minutes.
  • Special Requirements: This course is not delivered through the Etudes program. Directions for the course are included in the course syllabus. Students can submit their work through a combination of email, U.S. postal mail, through TC aides at TCI, or in person at the LRC. Students are expected to work independently.
  • Assignments & Tests: Homework assignments from each chapter are required for grading. Exams will consist of true-false, multiple choice, and problem solving type questions.
  • Proctored Exams: Yes. All exams must be proctored. See the Proctor Identification Procedures for directions on how to set up a proctor for approval.
  • Additional Comments: The rigor of this course requires students to spend extra time on homework to be able to have a working knowledge of the vocabulary and skill sets developed in this first semester course on accounting.
  • Course syllabus (pdf file, opens in a new window)

Disclaimer: The book prices are an approximation only and are subject to change.