AC230 FINANCIAL ACCOUNTING Course Syllabus - Megan Magana

Term
Fall 2026
Section
M2
Course Delivery
ln person­[FTF]
Class Program
Credits 4.00

An introduction to the fundamentals of accounting theory, accrual accounting, and financial reporting. Includes the study of the accounting for cash, receivables, payables, inventories, plant assets, long-term liabilities, and stockholders' equity for service and merchandising firms.

Prerequisites

MT104 or math placement into MT106 or higher

Meeting Times, Location, & Course Delivery Details

Meeting Days:
Tuesdays Thursdays
Meeting Times:
1-2:30pm
Location:
CSA314

Contact Information

Instructor:
Megan Magana
Instructor Email:
megan.magana@wilmington.edu
Office Location:
CSA234
Office Hours:
Wednesdays 3:30-5pm and Thursdays 3-4:30pm
Course Materials

Textbook
Name: Financial and Managerial Accounting, Information for Decisions
Edition: 10th Edition
ISBN: 9781264216079
Author: Wild
Publisher: McGraw

Course Schedule

Tentative Schedule

Subject to change during the semester. Adequate notice of changes will be given.

Date

Assessment

25-Aug

Ch.1 Accounting in Business

27-Aug

Ch.1 Accounting in Business

1-Sep

Ch.1 Accounting in Business

3-Sep

Ch.1 Accounting in Business

8-Sep

Test 1

10-Sep

Ch. 2 Accounting for Business Transactions

15-Sep

Ch. 2 Accounting for Business Transactions

17-Sep

Ch. 2 Accounting for Business Transactions

22-Sep

Ch. 2 Accounting for Business Transactions

24-Sep

Ch. 2 Accounting for Business Transactions

29-Sep

Test 2

1-Oct

Ch. 3 Adjusting Accounts for Financial Statements

6-Oct

No Class – Westheimer

8-Oct

Ch. 3 Adjusting Accounts for Financial Statements

13-Oct

No Class – In Service Day

15-Oct

Ch. 4 Accounting for Merchandising Operations

20-Oct

Ch. 4 Accounting for Merchandising Operations

22-Oct

Ch. 5 Inventories and Cost of Sales

27-Oct

Ch. 5 Inventories and Cost of Sales

29-Oct

No Class – Megan Conference

3-Nov

Ch. 6 Cash, Fraud, and Internal Control

5-Nov

Ch. 7 Accounting for Receivables

10-Nov

Ch. 8 Accounting for Long-Term Investments

12-Nov

Ch. 9 Accounting for Current Liabilities

17-Nov

Ch. 10 Accounting for Long-Term Liabilities

19-Nov

Review

24-Nov

Test 3

26-Nov

No Class – Thanksgiving

1-Dec

Review

3-Dec

Review

8-Dec

Review

14-Dec

Final Exam

Course Final Exam
December 14
Evaluation of Work

The grading scale will be as follows:

A 90-100%

B 80-89%

C 70-79%

F 0-69%

Instructor Course Policies

Instructor's Course Attendance Policy

You are expected to attend every class. If there are unforeseen circumstances that prevent you from attending, it is your responsibility to get the notes, homework problems, etc. on your own from another student. Excused absences are limited to medical, college representation, and family emergencies, all of which require formal documentation. More than three absences (excused or unexcused) will reduce the final grade by a letter grade per subsequent session missed. See the current Student Handbook for the college’s Attendance Policy.

Institutional and Program-Level Policies

Final Exam Schedule
All exams will follow the Final Exam Schedule. Students scheduled to take three or more final examinations on one day may request to arrange their examination schedule, so no more than two exams occur on one day.
Requests for early or late exams are considered only under extreme circumstances. Prior to the exam period, the student must file a written request on the Early/Late Exam Form available in the Student One Stop Center, Academic Records, and on the WC portal. The form must be signed by the Instructor and the Academic Dean, approving the alternate exam time. This process must be completed prior to the scheduled exam period.

Undergraduate:  FA26 Final Exam Schedule    

 

Out-of-class Work Expectation

A minimum of 2 hours of out-of-class student work is expected for each hour of in-class time for traditional face-to-face courses. For online and hybrid courses, the combination of face-to-face time and out-of-class work should be equal to 3 hours per credit hour per week.

Instructional Course Delivery                                                                                                            

Definition of Courses

Academic Integrity Policy

The use of generative AI is prohibited except where expressly allowed in assignment instructions.

Academic Integrity Policy

Class Attendance Policy                              

Institutional Class Attendance Policy