MATH EXPERT

AP/ADMS2500 3.0 (Winter 2022) © York University Page 1 of 23

Faculty of Liberal & Professional Studies
School of Administrative Studies

Course Outline [Updated December 9th, 2021] Winter 2022

AP/ADMS2500 3.0
Introduction to Financial Accounting

COURSE WEBSITE https://eclass.yorku.ca/eclass/course/view.php?id=58523
Please note: You need to be registered and have a York Passport ID for site access.

COURSE ZOOM MEETING ROOM: 913 3867 2365 PASSCODE: 2500W22

Section Type Day Class Time Live Location Course Director
N In classroom Tuesday 7:00pm – 10:00pm DB0001 Olga Alcalde
P In classroom Friday 11:30am – 2:30pm ACE001 Timothy Ng
Q In classroom Thursday 7:00pm – 10:00pm Not open yet
R Online Any day / time None Online Marcela Porporato
S Online Any day / time None Online Timothy Ng
T Remote Wednesday 7:00pm – 10:00pm Zoom Romi-Lee Sevel

U

Remote Tuesday 11:30am – 2:30pm Zoom
Marcela Porporato &
John Kucharczuk

Z Remote Wednesday 1:00pm – 4:00pm Zoom Taslima Nasreen
Tutorials Remote Saturday 9:30am-11:30am Zoom Emily Xu

There are three modes (types) of the course depending on the section you are enrolled in. Please ensure you
fully understand the expectations of the mode of your enrolled section.
 In classroom mode: classes take place on campus in designated classrooms, unless there is a change of

university policy against in-class lectures by the time of the classes. Exams and assignments might take
place online or in the classroom.

 Remote mode: classes take place via Zoom meetings in the scheduled class time. Exams and assignments
also take place online.

 Online mode: classes are delivered by recorded class lectures, which will be made available at the end of
each week. You may choose to watch the lecture videos and complete your learning any time during the
week at your convenience. Exams and assignments also take place online.

This course will have both synchronous and asynchronous elements – please read:

 Recorded lecture/tutorial videos are posted on the course eClass site.
 Test-taking will take place on the scheduled dates, they can be in eClass, Connect or in the classroom.
 Weekly meetings will be either in person (sections N and P) or via Zoom within/during the scheduled

course meeting times (see Class time live above).
 It is important to ensure you keep on top of the announcements posted on eClass.
 It is highly recommended to attend the weekly live sessions and if in Zoom turn your camera on to

help enhance your understanding and have the opportunity to engage, participate, and ask questions.

AP/ADMS2500 3.0 (Winter 2022) © York University Page 2 of 23

Index of the content in this course outline page
1) Important information before you decide to enroll …………………………… 3
2) Required course material (books and Connect) …………………..………… 4
3) Graded Components of the course …………………………………..………. 6
4) Course Components (Zoom meeting guide)………………………………….. 9
5) Detailed Course Objectives ……..……………………….……………………. 12
6) Contact Information and Email protocol ……………………………………… 14
7) Relevant University Regulations for Winter 2022 (COVID-19) …………….. 15
8) Weekly Timetable and Due dates …………………………………………… 18
9) Weekly Routine suggested for ADMS2500 Winter 2022 …………….……… 23

All course materials, including this course outline, power points, recordings, examinations, etc.
are copyright protected and should only be used by students enrolled in this course. As a

student in this course, you may not publish, post on an Internet site, sell, or otherwise distribute
any of this work. Commercial use of these materials is strictly prohibited.

This course requires you to maintain access to internet as well as a good working device such as a desktop or
laptop during assignments, exams and/or Zoom meetings. If you do not have access to a stable internet or any
of the above-mentioned equipment, you may consider using the resources available at York Libraries system or
taking this course at another time.

Note on Private Third-Party Tutoring Companies and Academic Honesty
Many private, third-party tutoring companies advertise their services to YorkU students. One way you can help
eliminate these advertisements is by changing your eClass profile settings to private. To hide your email address
in eClass please follow these steps:

Step1: Click your name on the top-right of the eClass website, then click “Profile” on the
drop-down menu;
Step 2: Under “User details” click “Edit profile”;
Step 3: From the “Email display” drop-down menu choose “Hide my email address from
non-privileged users”;
Step 4: Scroll to the bottom of the page and click on the “Update profile” button.

Some of these private companies claim to be affiliated with, or recognized and supported by, York University.
Some also claim to help you by providing you with assignment and test answers, suggesting that this practice is
safe and permitted by York. These claims are not true. York University has not officially recognized or
endorsed any third-party tutoring service. When you are provided with assignment, test and exam answers, you
run the risk of violating the university’s academic honesty policy. Students have been caught using these services
to cheat and gain unfair advantage over honest students. The cheating students and “tutors” have received
academic dishonesty punishments ranging from failing courses, to being expelled, to losing their YorkU degrees.
If you are prompted to pay, it is not endorsed or provided by YorkU.

Computing Requirements
You will need to have access to a device to watch live and recorded lectures and to participate in the weekly live
sessions if not on campus. This course requires an intermediate level of computer interface and the minimum
you will need is access to a computer with Internet connection and a recent version of Adobe Reader
(www.adobe.com). It is highly recommended you use a word processor and a spreadsheet to solve and present
the required quizzes.

AP/ADMS2500 3.0 (Winter 2022) © York University Page 3 of 23

1) IMPORTANT INFORMATION BEFORE YOU DECIDE TO ENROLL

Note 1: ADMS 2500 is one of the largest enrolment classes on campus (approximately 2,000 students per year).
This regrettably necessitates a very legalistic and inflexible approach to course administration. This course
outline has been designed to provide you in advance with detailed guidance on every conceivable rule and
regulation in the course. It represents a contract between you the student and the Course Director and there can
be no deviations by either party from these rules. There will be no exceptions to submission deadlines, term
work requirements, exam dates and grade weighting. You may want to print out this document and keep it
handy for reference throughout the course.

Note 2: When you experience a conflict in your agenda to write an examination, attend a lecture or a Zoom
meeting, contact your professor 48 hours in advance to check if you may attend another lecture or Zoom meeting
or other alternatives.

Note 3: From the beginning of the term, you should keep in mind the due dates for Connect Quizzes/tests and
eClass quizzes/assignments. The schedule of eClass and Connect due dates is listed in this course outline under
section heading “Graded Components of the Course”. The weight from missed eClass and Connect quizzes (and
assignments) cannot be transferred to other examinations. There is no extended deadline for missed Connect
or eClass Quizzes and assignments, as the solutions will be posted or discussed in class right after the due
dates. If you anticipate that you would need more time and face time constraint around the deadlines, you may
want to start working on those quizzes and assignments earlier since they are made available to you on Day 1 of
the term. It would be wise to review the solutions right after due dates to reinforce learning and to take timely
corrective action on questions not successfully completed. Connect quizzes allow multiple attempts and only
the best mark is considered; Connect tests and eClass quizzes and assignments only allow one attempt
and have limited time.

ENROLMENT DEADLINE
All sections for this course normally fill months in advance so early registration is important. If you did not get
into the course before classes start, your chances of successfully enrolling are very slim. However, you can
inquire by emailing [email protected] if there are seats available that you can qualify for; note the School does
not keep a wait list. The Course Director is not involved in the registration process in any way and cannot assist
you with this process. Due to the high volume of material covered (four chapters in the first two weeks), no
registration is permitted after the “last date to enroll without permission” (i.e. January 23rd for Winter
2022).

Be aware of the important dates that apply to this course by checking the following site:
https://registrar.yorku.ca/enrol/dates

PRE-REQUISITE
None. However, AP/ADMS1000 3.00 is strongly recommended.

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2) REQUIRED COURSE MATERIAL

Required
Course
Material

Introduction to Financial Accounting in the 21st Century, Gaber & Porporato, McGraw-
Hill, Winter 2022 edition.
The link to the eBook is https://connect.mheducation.com/class/a-2500-winter-2022

This text is updated each term to include a new term project. Ensure you are using the text
for the current semester (if not, please switch the session to the current one within Connect).
York Bookstore will sell you a pin code which gives you access to the most current Connect
version (term projects and assignments) and the ebook if so desired. There are 2 different PIN
codes according to the product requested:
Option 1: Textbook + Connect package*
Option 2: Connect eBookless* (Quizzes only – without eBook)

Students who do not want to work with an eBook can purchase a reduced version that
contains only the Connect quiz, that is, term projects, eBook assignments and some
exams (eClass quizzes are accessible from the course website).

*Connect is required to complete the online course quizzes. Students can purchase Connect
Access Codes through the York Bookstore or online when they register in their Connect
Course (see Connect Registration Instructions). Students have access to Connect for 1 year
from when they register. The step-by-step purchase and registration videos are provided
below.
https://youtu.be/amuBNCjVWGo – Purchase with Access Code via Bookstore
https://youtu.be/Rgv4qubhaZc – Digital Only Purchase Direct from MHE (some terms this
is not available)

CONNECT REGISTRATION INSTRUCTIONS

To register for Connect (or purchase online); go to this term’s Connect web address at
https://connect.mheducation.com/class/a-2500-winter-2022 Note: You will be able to register in the Winter
2022 section on or before January 3rd, 2022, when registration opens.

When registering in Connect please ensure that your profile includes the following: Where it asks for last
name, type your official or legal last name (same as the one provided to YorkU). Where it asks for your first
name, only type your first name. Should the information not be accurate or complete, the grade will not be
extracted from Connect and merged with your marks. Failure to enter your correct name in the correct
profile boxes may result in a mark of zero for your final Connect grade.

Connect step by step registration instructions:

If you are new to this course:
1. Go to the Connect Web Address https://connect.mheducation.com/class/a-2500-winter-2022
2. Click on “Register Now”
3. Enter your York email address (this will become your Connect username). If you already have a

McGraw-Hill account, you will be asked for your password and will not be required to create a new
account.

4. Enter your Connect registration code.
5. Follow the on-screen directions.
6. When registration is complete, click on “Go to Connect Now”
7. You are now ready to use Connect.

AP/ADMS2500 3.0 (Winter 2022) © York University Page 5 of 23

If you have taken this course before and purchased a license in a prior term (activated within 12 months):
1. Please ensure you are signed out of Connect, clear your browser history and cache
2. Go to the Connect Web Address https://connect.mheducation.com/class/a-2500-winter-2022
3. Click on “Register Now”
4. Enter the same email address you previously used and your password when prompted
5. Connect will recognize you have a valid license and you will be registered into the new Connect

section

Connect Support: For any questions or issues related to Connect, submit a support ticket with the McGraw-
Hill Care Centre by going to www.mhhe.com/support. You will be issued a case or reference number. Please
keep for your records. Please include in your email, what course you are taking, your section and course
director name, and the email address you used to register for Connect.

OTHER RECOMMENDED TEXTBOOKS
Besides the text used to map the week-by-week course outline, it is highly recommended that you have access
to another introductory financial accounting textbook (make sure to work with a 2011 or newer Canadian
edition). There is a big selection of such textbooks in business libraries and all of them cover the same topics in
a similar sequence.
 Gaber and Porporato (2020) McGraw Hill. Introduction to Financial Accounting in the 21st Century.
 Libby, Libby, Libby, Short, Kanaan and Sterling (2020) McGraw Hill “Financial Accounting” 7th

Canadian edition (prior versions also useful and are available in York Libraries)
 Harrison, Hongren, Thomas, Tietz, Berberich and Seguin (2017) Pearson “Financial Accounting” 6th

Canadian Edition (available in York Libraries the 2011 edition, but not mapped here)
 Dauderis, Henry and D. Annand (2019) “Introduction to Financial Accounting” full pdf book available at

https://lyryx.com/introduction-financial-accounting/

To simplify your study please see the mapping of content of the mentioned books:
Gaber (e-book) Libby Harrison Dauderis
Chapters 1 to 4 – Bookkeeping Ch 1-4 Ch 1 – 3 Ch 1-4
Chapter 5 & Cash budget Ch 7 LO 1,2,3 See Ch 5 Ch 5
Chapter 6 – Cash Ch 7 LO 6&7 Ch 4 Obj 1&2 Ch 7
Chapter 7 – Receivables Ch 7 LO 4&5 Rest of Ch 4 Ch 7
Chapter 8 – Inventory Ch 8 Ch 5 Ch 6
Chapter 9 – Fixed Assets Ch 9 Ch 6 Ch 8
Chapter 10 – Liabilities Ch 10 and Ch 11 Ch 8 Ch 9
Chapter 11- Owners’ Equities Ch 12 Ch 9 Ch 10 & 13
Chapter 12 – Cash Flows Ch 5 App A&B Ch 10 Ch 11
Chapter 13 – FS Analysis Ch 13 Ch 11 Ch 12
Appendix A – Accounting Theory parts of Ch 1 and 6 Ch 1 Obj 4&5 Parts of Ch 1
Appendix B – Time Value of Money App Ch11 A, B, D & E Ch 7 Ch 9 Appendix A

A special note to students: accounting is a language with many hundreds of technical terms. If your
English skills are weak, then count on spending extra time to master the terminology of accounting.

AP/ADMS2500 3.0 (Winter 2022) © York University Page 6 of 23

3) GRADED COMPONENTS OF THE COURSE

This is the grading scheme of the course (the same applies to all sections regardless of mode of delivery):

Component & Weight Content and Style Due date

Term Project (available in Connect at the beginning of the term)
Part I
(eClass)

3% One attempt only assignment – fill in the blanks and MC –
worth 3%. Use your own words to provide answers, avoid
cheating or plagiarism.

midnight 11:59pm
Saturday February
12th

Part II
(eClass)

10% One attempt only assignment – fill in the blanks – worth 10%.
Use your own words, avoid cheating or plagiarism.

midnight 11:59pm
Saturday March 5th

Part III
(eClass)

3% One attempt only assignment – fill in the blanks – worth 3%.
Use your own words, avoid cheating or plagiarism.

midnight 11:59pm
Saturday April 2nd

Weekly Assignments and Quizzes
Connect
assignments

15% Assignments testing knowledge on topics of Chapters 1 to 13
and Appendixes A and B (1% each). Assignments open on
January 10th and have various due dates as indicated in Connect
(multiple choices, 3 attempts, best grade counts).

midnight 11:59pm
Saturday of every even
week: 2, 4, 6, 8, 10
&12

Connect
quizzes

30% Quizzes testing knowledge on topics of Chapters 1 to 13 and
Appendixes A and B (2% each). Quizzes open and close at
various dates as indicated in Connect (fill in the blanks, 1
attempt with time limit).

3pm to 7pm on Fridays
of every even week: 2,
4, 6, 8, 10 &12

Examinations (Good working desktops/laptops and access to stable internet are necessary)
Preparation
for Midterm I
exam

6% Mini case testing the knowledge of bookkeeping (Chapters 1 to
5). Remains open during a few days and closes as indicated in
Connect (fill in the blanks, 3 attempts with time limit, best
grade counts).

midnight 11:59pm
Saturday January 29th

Midterm I 10% Covering topics of Chapters 1-5, inclusive. This is a timed,
closed book, online exam in Connect (fill in the blanks, 1
attempt with time limit).

4pm to 6pm Friday
February 11th

Midterm II 10% Covering topics of Chapters 1-10 and Appendix B. This is a
timed, closed book, online exam in Connect consisting of a
compilation of Connect quizzes (fill in the blanks, 1 attempt
with time limit).

4pm to 6pm Friday
March 18th

Analytics
quiz (eClass)

3% Database will be released 1 hour before the assignment opens
(fill in the blanks, 1 attempt with time limit).

3pm to 7pm Friday
April 1st

Final Exam 10% Actual final exam is scheduled by the Office of the Registrar
(closed book exam with time limit). Your Course Director
learns about the final exam time at the same time you do. For
exact date check:
https://w2prod.sis.yorku.ca/Apps/WebObjects/cdm.woa/wa/cur
exam
This is a timed, closed book online exam in Connect, eClass or
on Campus. Web camera and access to stable internet are
required. Final exam covers Chapters 11 to 13 and Appendix A.
Students unable to write the mid-term exam will write a com-
prehensive final that will cover all the material of the course.

Final exam period is
between April 12th and
29th

Mode of the exam to be
announced: online or in
person. Students in
Remote courses
(sections T, U and Z)
or online (sections R
and S) will have the
option to do it online.

Total 100%

If You Write It… It Counts
Under no circumstancesis the result of an examination changed once it is written. If you don’t feel well, go to
the doctor and do not open the online examination.
Once the online examination/assignment/quiz is opened it is marked, if left blank, the mark is zero.

AP/ADMS2500 3.0 (Winter 2022) © York University Page 7 of 23

Note 1: There are no deviations from this published grading scheme. The most common request is “If I do better
on the final, can I count the midterm less?” The answer is no…. The term project requires you start work on it
early. It is essential that you write out a study plan that dedicates at least six hours a week (in addition to the
virtual class time). Two hours of study for each classroom hour has been the rule of thumb forever in Honours
University accounting courses as the minimum work ethic to guarantee a passing grade.

Note 2: No two exams can ever be of equal difficulty. York requires that second year courses in honours
professional programs be submitted with predetermined normal grade distributions. Accordingly, grades in this
course will be adjusted up or down to conform to York requirements.

Note 3: From day one you are going to be bombarded with flyers from outside “tutoring companies” that
guarantee you high grades on the term project and a pass on the exam. Such claims are completely false, and
you are not only wasting your money, but also risk expulsion from the University. eClass and Connect allow
to compare submissions for plagiarism, if you purchase or share even the template of your submission is likely
to be red flagged and you will be called in to a disciplinary hearing. The principal purpose of working the term
project is to give you essential skills for job interviews as well as to prepare for exams, buying a term project
doubles your chances of failing the exams and be called to a disciplinary hearing. Be smart and actually learn
the material. If you need assistance, it is there for you. Please use all the resources available in this course.

Note 4: Student that miss the mid-term exam do not need to submit an APS or any other documentation. The
weight of the missed mid-term exam is automatically transferred to the final and the final exam will be
comprehensive covering the entire course content. Only the weight of one missed mid term can be transferred
to the final exam, so plan on writing at least one mid term to make sure you have the chance to earn all points.

Note 5: No student can miss the final exam and receive a passing grade in the course. Deferred status is
available for authorized absence in the final exam. Students missing the final exam must satisfy all
requirements of the Deferred Exam policy of the School of Administrative Studies (Deferred Standing
Agreement) and will write a comprehensive final exam.

Note 6: To best ensure academic integrity, all online exam questions are sequential, meaning that you cannot
go back and forth between questions and once you answer a question and move on to the next, it is final. If this
exam setting does not work for you, you may consider taking this course at another time.

Note 7: Private Third-Party Tutoring Companies, Academic Honesty and Support Resources
Many private, third-party tutoring companies advertise their services to YorkU students. One way you can help
eliminate these advertisements is by changing your eClass profile settings to private (see instructions below).
Some of these private companies claim to be affiliated with, or recognized and supported by, York University.
Some also claim to help you by providing you with assignment and test answers, suggesting that this practice is
safe and permitted by York. These claims are not true. York University has not officially recognized or endorsed
any third-party tutoring service. When you are provided with assignment, test and exam answers, you run the
risk of violating the university’s academic honesty policy. Students have been caught using these services to
cheat and gain unfair advantage over honest students. The cheating students and “tutors” have received academic
dishonesty punishments ranging from failing courses, to being expelled, to losing their YorkU degrees. Officially
supported resources to help students learn course material will be provided by YorkU officials, such as your
professors and your department. These services are offered at no cost to you as a student. Your professor will
likely provide weekly office help hours to meet with students and you can join for free our weekly Peer Assisted
Study Sessions (PASS). If you require help with any of your numeracy-related courses that involve math,
statistics or Excel, drop in online to meet with one of our peer tutors at the Student Numeracy Assistance Centre
at Keele (SNACK). If you are ever unsure of whether a resource is allowable or endorsed by YorkU, please feel
free to email the School at [email protected] and they would be happy let you know.

To hide your email address in eClass:
Step1: Click your name on the top-right of the eClass website, then click “Profile” on the drop-down menu;
Step 2: Under “User details” click “Edit profile”;
Step 3: From the “Email display” drop-down menu choose “Hide my email address from non-privileged users”;
Step 4: Scroll to the bottom of the page and click on the “Update profile” button.

AP/ADMS2500 3.0 (Winter 2022) © York University Page 8 of 23

Deferred Exams
Deferred standing may be granted to students who are unable to write final examination at the scheduled time
or to submit their outstanding course work on the last day of classes. Students must register to apply for deferred
standing. Details on the process, steps and forms are here available: https://www.yorku.ca/laps/sas/academic-
resources/deferred-exam-requests/

The formal process includes handing in a completed DSA form and supporting documentation (if not temporarily
suspended due to COVID-19) directly to the main office of the School of Administrative Studies (282 Atkinson)
and adding your ticket number to the DSA form. The DSA and supporting documentation must be submitted no
later than five (5) business days from the date of the final exam. These requests will be considered on their merit
and decisions will be made available by logging into the School of Administrative Studies DSA system.

No individualized communication will be sent by the School to the students (no letter or e-mails).

Students with approved DSA will be able to write their deferred examination during the School’s deferred
examination period(s). No further extensions of deferred exams shall be granted. The format and covered content
of the deferred examination may be different from that of the originally scheduled examination. The deferred
exam will be closed book, cumulative and comprehensive and may include all subjects/topics of the textbook
whether they have been covered in class or not.

Any request for deferred standing on medical grounds must include an Attending Physician’s Statement form or
APS (if not temporarily suspended due to COVID-19); a “Doctor’s Note” will not be accepted.
DSA Form: http://www.registrar.yorku.ca/pdf/deferred_standing_agreement.pdf
APS Form: https://secure.students.yorku.ca/pdf/attending-physicians-statement.pdf

Other Exam Information

1) All written examinations are expected to be the original work of students (use their own words and
formats), and any deviation represents a violation of York’s Senate Policy on Academic Honesty.

2) If supplementary reading is assigned by your course director, it is deemedexaminable.
3) In this course deferred exams by definition cover the entire course and its current content
4) You cannot receive a grade in this course if you miss the final.
5) Official course grades are released by the Registrar (not the Course Director, TA or the School of

Administrative Studies).
6) Fire alarms and bomb scares are part of the academic landscape. There is a well-defined protocol

on your exam instructions as to the conditions whereby an exam will be restarted or if marks are to
be prorated.

7) Your first midterm result will be posted on the course website prior to the “last date to drop
without receiving a grade” date.

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4) COURSE COMPONENTS

In-class sections (on campus):
In-class lectures are to be delivered on a weekly basis during the designated class time.

Section Day Class time Instructor e-mail
N Tuesday 19:00-22:00 Prof. Olga Alcalde [email protected]
P Friday 11:30-14:30 Prof. Timothy Ng [email protected]

Remote sections via virtual Zoom Meetings
Weekly virtual zoom meetings are organized to cover chapter contents and exercise from textbook and other
sources such as past exams. End of the meeting time is dedicated to your questions.

Section Day Meeting time Instructor e-mail
T Wednesday 19:00-22:00 …