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M50 - Financial and Managerial Accounting for Managers ACCT 7080 .pdf

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M50 - Financial and Managerial Accounting for Managers ACCT 7080 .pdf Powered By Docstoc
					                           Financial and Managerial Accounting for Managers
                                           ACCT 7080-M50
                                             Spring 2011

Instructor:    Dr. Mahmud Hossain
Office:        Fogelman College of Business and Economics A-223
Office hour:   By appointment only
Phone:         (901) 678-4422
E-mail:        mhossain@memphis.edu (This email is the best way to communicate with the professor.)

Syllabus might be updated as more online course information and resources become available.

Technical Support: Please call 678-8888 if for technical problems.

Text: Survey of Accounting, 5th edition (2009, 2011), by C. H. Warren, South-Western, Cengage Learning.

Course Objectives: The objective of this course is to introduce you to various important financial and
managerial accounting concepts and illustrate:
   • the use of financial accounting by the external parties of the organization – such as investors,
        creditors an regular authorities;
   • the use of managerial accounting concepts in planning, control and decision making of the
        managers.


Lectures: All lectures would be posted to podcast central from time to time. Point your browser to
http://podcast.memphis.edu and log in using your UUID and password. Also, just the power point slides
of the lectures would be made available at the content section of ecourseware (website:
elearn.memphis.edu).

Hosting, Discussion Forums and Homeworks: You need to go to ecourseware for conducting online
discussion. There would be one discussion forum for each chapter. Each student is required to “host” at
least two chapters of discussion forum. Students may volunteer to host any particular chapter or I may
assign them one. Initially the chapters would be assigned on a first come first serve basis. Every chapter
could be hosted by at max four students. I will host the first chapter myself. The hosts will be responsible
for “mastering” the topics of their respective chapters. They are expected to answer any questions or
concerns of other students satisfactorily. All students are strongly recommended to participate in
discussion forums, as a major portion of the total grade would depend on participation and hosting.

Team Project: I will assign students into teams of 3 or 4. I will make a list of topics for project available.
The projects could be selected on first come first serve basis. Every team should submit their projects on
the due date. The length of each paper should be at a maximum of 8 to 10 pages (double spaced). Grade
of the project would depend on the content and quality of writing, as well as your level of participation in
the project. The projects should be submitted online in the dropbox section of ecourseware. No late
submission would be accepted.

Students can directly e-mail me at my U of M e-mail address with any problem. I will response to the e-
mail within 2 business days of the receipt of the e-mail.

Homework: The students do not have to turn in the homework. However, it is strongly recommend to
solve each homework problem very carefully, to master the materials. We will discuss about the homework
problems in discussion forum. Also, solution to the homework problems would be posted to ecourseware
time to time.




                                                                                                            1
Performance Evaluation and Grading: Your grade in the course will be based on the following
breakdown:

            Hosting Chapters and Participation                                10 percent
            Team Projects                                                     10 percent
            First Mid-Term                                                    20 percent
            Second Mid-Term                                                   20 percent
            Third Mid-Term                                                    20 percent
            Final Exam                                                        20 percent
            Total                                                            100 percent

Exams: There will be four exams throughout the semester. The exams would comprise Multiple Choice
and/or True-False questions. Students should go to the Quizzes section of ecourseware and take the tests.
All tests must be taken on time. There would be no make-up exams. However, only under emergency
situation, upon presentation of proper documentation, I will substitute the missed mid-term exam grade
with the final exam grade.

Tentative Class Schedule
The following scheduled is subject to change at the discretion of the instructor.

                         Topics                                                             Homework
      Jan 13 – Jan 19    Chapter 1: The role of accounting in business.
                         Read textbook, Review the power point slides in ecourseware, and
                         view chapter 1 (modules 1-4) in podcasts.

                         The power point modules could be found at the following website:
                         https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                         =1673959

                         Similarly the podcast lectures could be found at:

                         https://podcasts.memphis.edu/manage_podcasts.php

      Jan 20 – Jan 26    Chapter 2: Basic accounting concepts.                              E 2-1, 2-10.

                         Read textbook, Review the power point slides in ecourseware, and
                         view chapter 2 (modules 1-2) in podcasts.

                         The power point modules could be found at the following website:
                         https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                         =1673959

                         Similarly the podcast lectures could be found at:


                         https://podcasts.memphis.edu/manage_podcasts.php

      Feb 4- Feb 12      Chapter 3: Accrual accounting concepts.                            E 3-1, 3-6,
                         Read textbook, Review the power point slides in ecourseware, and   3-9, 3-10.
                         view chapter 3 (modules 1-3) in podcasts.

                         The power point modules could be found at the following website:


                                                                                                       2
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1673959

                 Similarly the podcast lectures could be found at:


                 https://podcasts.memphis.edu/manage_podcasts.php


                 First Mid Term (Chapters 1-3) Sep 19 – Sep 20.
Feb 13- Feb
14
Feb 15 – Feb     Chapter 4: Accounting for merchandising businesses.                E 4-12, 4-
21                                                                                  13, 4-17.
                 Read textbook, Review the power point slides in ecourseware, and
                 view chapter 4 (modules 1-2) in podcasts.

                 The power point modules could be found at the following website:
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1673959

                 Similarly the podcast lectures could be found at:


                 https://podcasts.memphis.edu/manage_podcasts.php

                 Chapter 5: Sarbanes-Oxley, Internal Control and Cash.
Feb 22- Feb 28
                 Read textbook, Review the power point slides in ecourseware, and
                 view chapter 5 (modules 1-2) in podcasts.

                 The power point modules could be found at the following website:
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1673959

                 Similarly the podcast lectures could be found at:

                 https://podcasts.memphis.edu/manage_podcasts.php

Mar 1 – Mar 6    Chapter 6: Receivables and inventories.                            E 6-7, 6-14,
                                                                                    6-15.
                 Read textbook, Review the power point slides in ecourseware, and
                 view chapter 6 (modules 1-2) in podcasts.

                 The power point modules could be found at the following website:
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1673959

                 Similarly the podcast lectures could be found at:

                 https://podcasts.memphis.edu/manage_podcasts.php


Mar 7 – Mar      Spring Break !!!
13



                                                                                               3
Mar 14-Mar 19    Chapter 7: Fixed Assets and Intangible Assets.                     E 7-3, 7-4,
                 Read textbook, Review the power point slides in ecourseware, and   7-9, 7-13,
                 view chapter 7 (modules 1-4) in podcasts.                          7-14.

                 The power point modules could be found at the following website:
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1673959

                 Similarly the podcast lectures could be found at:

                 https://podcasts.memphis.edu/manage_podcasts.php



Mar 20 – Mar     Second Mid Term (Chapters 4-7)
21
Mar 22- Mar      Chapter 8: Liabilities and Stockholders’ Equity.                   E 8-1, 8-11,
28                                                                                  8-16, 8-23,
                 Read textbook, Review the power point slides in ecourseware, and   8-24.
                 view chapter 8 (modules 1-4) in podcasts.

                 The power point modules could be found at the following website:
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1626222

                 Similarly the podcast lectures could be found at:

                 https://podcasts.memphis.edu/manage_podcasts.php

Mar 29 – Apr 7   Chapter 10: Accounting systems for manufacturing businesses        E. 10-2, 10-
                                                                                    11, 10-16.
                 Read textbook, Review the power point slides in ecourseware, and
                 view chapter 9 (modules 1-2) in podcasts.

                 The power point modules could be found at the following website:

                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1626222

                 Similarly the podcast lectures could be found at:


                 https://podcasts.memphis.edu/manage_podcasts.php


Apr 8-April 14   Chapter 11:Cost behavior and C-V-P analysis                        E 11-3, 11-
                                                                                    5, 11-10,
                 Read textbook, Review the power point slides in ecourseware, and   11-11, 11-
                 view chapter 10 (modules 1-2) in podcasts.                         21, 11-25.

                 The power point modules could be found at the following website:
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1626222

                 Similarly the podcast lectures could be found at:



                                                                                               4
                 https://podcasts.memphis.edu/manage_podcasts.php
                 html.php?Course_CRN=89666

Apr 15 – Apr     Chapter 12: Differential Analysis and Product Pricing              E 12-3, 12-
21               Read textbook, Review the power point slides in ecourseware, and   6, 12-8, 12-
                 view chapter 11 (modules 1-2) in podcasts.                         10, 12-12,
                                                                                    12-15, 12-
                 The power point modules could be found at the following website:   20.
                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1626222

                 Similarly the podcast lectures could be found at:

                 https://podcasts.memphis.edu/manage_podcasts.php



Apr 24-Apr       Third Mid Term (Chapter 8, 10-12)
25
Apr 23- Apr 27   Chapter 13: Budgeting and Standard Costing System                  E 13-3, 13-
                                                                                    7, 13-12.
                 Read textbook, Review the power point slides in ecourseware, and
                 view chapter 13 (modules 1-2) in podcasts.

                 The power point modules could be found at the following website:

                 https://elearn.memphis.edu/d2l/orgTools/ouHome/ouHome.asp?ou
                 =1626222

                 Similarly the podcast lectures could be found at:


                 https://podcasts.memphis.edu/manage_podcasts.php


Apr 30- Apr      Final exam (cumulative): All chapters covered in the semester
31




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