ACCT 3232 -Managerial Accounting

Document Sample
ACCT 3232 -Managerial Accounting Powered By Docstoc
					                          ACCT 3232 -Managerial Accounting
                                 5:30 - 7:45 M - F
                             Expanded Course Outline
                                     June, 2008

Instructor:   Dr. Harrison McCraw                   Office Hrs:     M - F 1:00-3:00 PM
Phone:        678-839-4817                          Office:         Adamson Hall-203B
Fax:          678-839-5040                          E-Mail:

I.     Catalog Description:

       Cost accounting principles and techniques applied to job order and process types of
       industry, planning, and control of the elements of production costs, and preparation of
       cost reports. Includes an introduction to standard costing concepts and variance
       analysis. Use of cost information for business policy implementation and strategic cost

II.    Required Background or Experience:

       A.     Prerequisites: ACCT 2102

       B.     Prerequisite Justification:
              Completion of the second accounting principles course should better ground
              students in management accounting concepts and give them the background to
              handle larger data sets used in more complex problems.

       C.     General Education (Core) Contributions:
              This course uses the writing skills developed in English, basic computer skills
              developed in CISM 2201, the oral skills developed in Speech, the critical
              thinking and analysis abilities developed in Mathematics, and the knowledge
              gained in ACCT 2101 and ACCT 2102.

III.   Learning Goals:

       A.     Communicate effectively in writing. LG 1

       B.     Apply basic quantitative skills to business problems. LG 2

       C.     Acquire basic skills in information and business technology. LG 3

       D.     Possess a basic knowledge of accounting, economics, finance, the legal
              environment of business, management, and marketing. LG 4
       E.     Recognize how ethical decision making and globalization affect organizations.
              LG 5
       F.     Utilize general and management-specific knowledge and skills in the analysis
              of business and economic problems. LG 6
       G.     Understand the principles and practices common to the major forms of
              accounting. LG 7
IV.    Text and References:

       Text - Horngren, Foster, and Datar, Cost Accounting, 12th ed., Prentice - Hall.
       Student Packet - required
       Gleim and Campbell, Managerial Accounting: Objective Questions and Explanations,
       8th edition, Accounting Publications, Inc.

V.     Special or Unique Student Materials/Facilities:

       4 - function calculator

VI.    Expanded Description of the Course and Instructional Method:

       A. Expanded Description of the Course:

            This course emphasizes product costing and the study of the processes for
            managerial planning and control. Specifically, this course covers product cost
            flows for job order and process costing, activity-based costing, cost allocation,
            cost-volume-profit allocations, the budget process, responsibility accounting,
            standard costing and variance analysis, and relevant cost. Contemporary cost
            management tools are also introduced.

       B. Instructional Methods:

             a) Lecture and Problem Solving:
                Product costing, planning, and control models are presented and appropriate
                problems are worked to illustrate concepts and procedures.

            b)   Group Problem Solving:
                 Periodically, students form groups in class to solve assigned problems.
                 Solutions are often presented by students.

VII.   Methods of Evaluating Outcome:

       A. Evaluation Tools:
            Examination 1            (Individual)          100
            Examination 2            (Individual)          100
            Final Examination        (Individual)          100
            Paper                    (Individual)           50
                                     Total Points          350*
* I reserve the right to “adjust” border-line grades based on my professional judgment of
student attitude, class attendance, participation, etc..

Paper - Initially, you are to pick a Managerial Accounting topic that interest you. Once you have
selected a topic, please tell me what you plan to write on. Review the literature and write
comprehensively concerning your topic. This assignment will be judged on content, grammar,
sentence structure, and overall completeness. The suggested length is around ten(10) double-
spaced pages. I will detail exact requirements of this project later. The cover page must follow
the format illustrated on the last page of this course outline.
Absences - Failure to attend class significantly reduces the probability that you will achieve
your objectives in this course. Coming to class late is rude and disturbs people. There are no
excused absences. If you are late, you are absent. Excessive absences (3) may lead to being
dropped from ACCT 3232.

Schedules Changes - The schedule provided should be considered a general guide. At various
times during the semester, we may be either slightly ahead or behind the class schedule.
Occasionally, assigned problems may be deleted, added, or modified.

Cheating - Cheating on an exam is not acceptable. Should you be caught cheating, I will drop
you from the class with a grade of F.

Assignments - Work all the problems noted in the schedule. If you have questions, ask them in
class as they are covered. Occasionally, asterisk problems will be taken up, checked and
returned to you. (While no points are given for home work completion, compliance may be
important in “BORDER LINE” grade assignment.) AS WE PROCEED IN THE COURSE,

Missed Exam - If, for whatever reason, you must miss a scheduled examination, contact me
before the exam is given. If you do not, you will receive a zero for that examination.

Conduct - In order to facilitate the learning process, you are expected to follow general rules of
acceptable social behavior to include (1) if you are late for class, come in quietly and take a seat
in the back of the classroom, (2) raise your hand and have your instructor call upon you, and
come appropriately dressed. Carrying on conversations with fellow students or disturbing the
class or the instructor in any manner during the class time is not acceptable. Similarly, behavior
such as reading newspapers or working on other course work during class time is not
acceptable. Disturbing behavior will result in dismissal from class.

        B. Learning Domains:

             1)   Cognitive: Knowledge; Comprehension; Application; Analysis; Synthesis;

             2)   Affective: Receiving; Responding; Valuing; Organization.
Date           Chapter                                   Projects                  Assignments

June      9    Intro/Chapter 1                                                     Business Environment
          10   Chapter 2 (Terms)                                                   C2-16,20,23,27,31,37
          11   Chapter 4 (Job Order)                                               C4-20,24,33,36
          12   Chapter 17 (Process Costing) pp 594-609                             C17-30,31,32
          13   Chapter 15 (Cost Allocation) pp532-537-544                          C15-19,20

          16   Chapter 16 (Cost Allocation) pp565-576                              C16-19,28
          17   Test 1 (C1,2,4,17,15,16)
          18   Test Review/Chapter 5 (ABC)
          19   Chapter 5                                                           C5-16,37,38
          20   Chapter 3 (CVP) Term Paper Due                                      C3-18,20,22,24,38,44

          23   Chapter 6 (Budgeting)                                               C6-17,18,19,24,26,30
          24   Chapter 7 (Standard Cost)                                           C7-17,18,25,37
          25   Chapter 8 (STD Cost - MOH)                                          C8-16,17,22,40
          26   Test 2 ( C5,3,6,7,8)
          27   Test Review/Chapter 11 (Relevant Cost)

          30 Chapter 11                                                            C11-18,19,23,37
July      01 Final Exam: 5:30-7:7:45 PM

               Withdrawal with W (if Passing): June 19, 2008

Note 1:        This course covers the following AACSB perspectives:
                   - ethics
                   - written communications
                   - oral communications
                   - computer skills

Note 2:        This course covers the following teaching objectives:
                   - develops analytical thinking skills.
                   - integrates functional areas of business.
                    - develops interpersonal skills.

Note 3:        Each student is responsible for checking his/her e-mail account on a regular
               basis. No extra credit will be given in this course beyond t hat stated in the course syllabus.
               Work submitted for other courses will not be accepted for credit in this course.
        Title of Paper - Bold/Initial Caps or
[centered about ane third of the page down from top]

            [about two inches from title]


              [Author’s Name Here]
             [Coauthor’s Name Here]
             [Coauthor’s Name Here]

         [course number and section here]
                   [term here]
             [name of instructor here]
                   [date here]