BUS 280: Managerial Accounting Principles
Hamilton Holt School, Rollins College
Class Time: Wednesdays @ 4:00 p.m., starting August 29, 2006
Class Meeting Location: BUSH 129
Instructor Mary C. Walsh, JD, LL.M, CPA
Phone: 407 333 9226
Instructor Availability: Available 1 hour before
class by appointment.
Required Textbooks Accounting: What the Numbers Mean, 7th edition
(2007), Marshall, McManus and Viele, McGraw-
Other Required Materials Calculator
Supplemental References To be handed out if required.
Course Description A user-based accounting course for students who
will become tomorrow’s managers, investors, and
other business stakeholders. Surveys financial and
managerial accounting topics emphasizing the
analysis of financial statements
Course Objectives As a result of the successful completion of this
course, a student should be able to:
• Interpret and analyze, on a fundamental
level, the annual report of a corporation.
• Adapt financial accounting information into
managerial accounting reports.
• Demonstrate an understanding of the
manufacturing process and compute the cost
of a product
• Discuss cost behavior and compute the effect
changes in cost behavior have on the income
of a business
• Understand the importance of budgets and
prepare those budgets.
Assignment Sheets: Will be handed out each week in class giving additional detail
about readings and assignments. You are responsible to follow the detailed instructions
contained in these assignment sheets.
Read Before Homework (Do Exam
Class / Date Topic
Lecture After Class)
Review of Financial Statements and The See Week 1
8/29/07 Chapter 9B
Statement of Cash Flows Assignment Sheet
2 The Statement of Cash Flows and Financial See Week 2
Review Chapter 3,
9/5/2007 Statement Analysis Assignment Sheet
3 Financial Statement Analysis and Exam 1 See Week 3
Read Chapter 11
9/12/2007 Review Assignment Sheet
Exam 1 In-Class Exam
5 Introduction to Managerial Accounting & See Week 4
9/26/2007 Cost-Volume-Profit Analysis Assignment Sheet
6 See Week 6
Cost-Volume-Profit Analysis Chapter 12
10/3/2007 Assignment Sheet
7 Introduction to Cost Accounting & Cost See Week 7
10/10/2007 Accounting Systems Assignment Sheet
8 See Week 8
Cost Accounting Systems Chapter 13
10/17/2007 Assignment Sheet
9 See Week 9
Cost Analysis for Planning Chapter 14
10/24/2007 Assignment Sheet
10 Cost Analysis for Planning and Exam 2 See Week 10
10/31/2007 Review Assignment Sheet
Exam 2 In-Class Exam
is 11/22 and See Week 12
Cost Analysis for Control Chapters 15
there are no Assignment Sheet
Next class is
13 Cost Analysis for Control & Cost Analysis See Week 13
Chapters 15 & 16
11/28/2007 for Decision-making Assignment Sheet
14 Cost Analysis for Decision-making and See Week 14
12/5/2007 Exam 3 Review Assignment Sheet
Exam 3 In-Class Exam
BUS 280 Syllabus Page 2
You will be given your final course grade based on the chart that follows. NO exceptions to this grading
policy will be made. Attendance, class participation, homework and a positive attitude will be considered
when determining the disposition of a borderline grade.
Item Points Weighting
Homework / Classroom Participation 25 25%
Exam 1 25 25%
Exam 2 25 25%
Exam 3 25 25%
TOTAL 100 100%
Letter Grade Points Percentage
A 93-100 93 - 100
A- 90-92.9 90 -92.9
B+ 87-89.9 87 – 89.9
B 83-86.9 83 – 86.9
B- 80-82.9 80 – 82.9
C+ 77-79.9 77 – 79.9
C 73-76.9 73 – 76.9
C- 70-72.9 70 – 72.9
D+ 67-69.9 67 – 69.9
D 63-66.9 63 – 66.9
D- 60-62.9 60 – 62.9
59.9 and Below 60
BUS 280 Syllabus Page 3
Your grade consists of five parts as follows:
1. Homework/Classroom Participation: 25%: Doing homework and participating in class is
imperative to understanding financial accounting. The homework assigned must be completed
and handed in when indicated on the weekly Assignment Sheets to be handed out in class.
Homework solutions will be provided when homework is handed in. Working on homework
problems with classmates is recommended.
I will accept handwritten homework if it is LEGIBLE. If you submit handwritten homework,
keep the original and submit a copy to me.
2. Exam 1: 25%: This exam will be given in-class during Class 4 (9/19/2007). It will test the
material covered in Classes 1 – 3.
3. Exam 2: 25%: This exam will be given in-class during Class 11 (11/7/2007). It will test the
material covered in Classes 5-10.
4. Exam 3: 25%: This exam will be given in-class during Class 15 (12/12/2007). It will test
the material covered in Classes 12-14.
No extra credit is available as there is already enough work to do in the class—Stay current with
the course material and attend class consistently in lieu of asking for additional work to do. If you
need help, you may contact me. Also, a tutor is available in the student resource center. I will
inform you of the schedule.
Make-up Exam Policy: Make-up Exams are discouraged. Notify me if there is an event or a
series of events external to the course which will hinder your performance on an exam BEFORE
the scheduled exam and arrangements may be made (on a case-by-case basis) for a make-up
Homework: To Receive Credit for a Homework Assignment--The homework assignment must:
• Be submitted on time (by the beginning of the next class). You may submit electronically or in
person. Be sure to keep a copy of your work to compare against the solutions.
• Be legible and HAVE YOUR NAME ON IT.
• Clearly identify the homework assignment (e.g., assignment is highlighted in some manner).
• Not contain loose papers (e.g., must be stapled),
Last Published Date to Withdraw Without Academic Penalty: November 2, 2007.
Withdrawals must be submitted in writing to the Holt School Office.
An Incomplete Grade Will not be Assigned to Students that Cease to Attend Class--Or are
doing poorly in the course late in the semester.
BUS 280 Syllabus Page 4
COURSE POLICIES, CONT’D
WF Grade: Students Who Cease to Attend Class and Do not Hand in Homework or Take
the Exams Receive a Grade of WF in the Course and Not an Incomplete--If you are doing
poorly in the course, consider withdrawing prior to the drop deadline published in the schedule.
Attendance Policy: While Attendance is Optional--Students are strongly encouraged to attend
class. Attendance and in-class participation are integral parts of this class and will be given
particular consideration as a factor when assigning grades for students whose grades are border-
Cell Phones: Cell phones must be set to silent/vibrate in the classroom. If you must answer your
cell phone, you must leave the class to do so. During the exams, cell phones must be completely
Laptops: No laptop computers are permitted in class (if you have one with you it must be
Academic Honesty (from the College Catalogue)--"The students and faculty of Rollins College
affirm the value of academic honesty and accept responsibility to present only work that is
genuinely theirs. Rollins students and faculty shall neither commit nor tolerate cheating,
plagiarism, or any other form of academic dishonesty. Academic dishonesty is defined as
representing another's work as one's own, active complicity in such falsification, or violation of
In accordance with school policy, students must add to all papers, quizzes, test, lab reports, etc.,
the following handwritten abbreviated pledge followed by their signature:
“On my honor, I have not given nor received, nor witnessed any unauthorized assistance on
Plagiarism /Cheating / Unauthorized Collaboration:
Homework: As noted above, if you wish to work with your classmates in completing
the homework assignments, you are encouraged to do so. However, every student must
submit homework on his/her own (i.e., a study group may not submit one homework
assignment for all of its members).
Exams: Exams must be the work of the individual students. You may bring only pencils
and designated other materials in class. I WILL PROVIDE CALCULATORS FOR
YOUR EXAMS. If you cheat on an Exam, you will receive 0 points.
BUS 280 Syllabus Page 5