School District of Holmen

Accounting
Prerequisites: none

Credits: 1

Instruct
or
Room
Numbe
r

Amy McCutchen

Phon
e

608-526-3372 ext. 6146

148

Email

mccamy@holmen.k12.wi.us

Course Description
This course will introduce you to accounting and business terms, philosophies, and problems
that will help you become financially successful no matter what your chosen field. Guest
speakers, accounting software, and field trips will give students an understanding of the area
of business. Even students not choosing to enter the business field will learn valuable
information to prepare them for managing their own finances and for a successful future.
This course is transcripted with Western Technical College. This means students will have an
opportunity to enroll in the course through Western and receive three college credits upon
completion with a C or better. Enrollment is optional but free to students.

State Standards
State Business Education Standards can be found at http://www.dpi.state.wi.us/standards/pdf/bused.pdf

Course Objectives aligned with State Standards:

By the end of the course, students will understand the following accounting tasks:

The basic accounting cycle

The world of business and accounting
Business transactions and the accounting equation
Transactions that affect assets, liabilities, owners equity, revenue, expenses, and
withdrawals
Recording transactions to the general journal
Posting journal entries to general ledger accounts
The ten-column worksheet
Financial statements
Inventory
Accounting functions for a payroll system
Accounting for a sole proprietorship and a merchandising business
Comprehensive accounting cycle problem (manually and computerized)

Assessments:
Daily exercises and homework
Quizzes and tests
Comprehensive problems (manual and computerized)
Final

Grading Scale:
Page 1

School District of Holmen

A+ (100-98%)
A (97-95%)
A- (94-92%)

B+ (91 89%)
B (88-86%)
B- (85-83%)

C+ (82-80%)
C (79-76%)
C- (75-74%)

D+ (73-71%)
D (70-68%)
D- (67-65%)

Resources:
Bring to class everyday:
5th Edition College Accounting Chapters 1-12 by Dansby, Kaliski, and Lawrence
1 binder
Pencil
Calculator (doesnt have to have graphing capabilities)

Page 2