WAYLAND BAPTIST UNIVERSITY SAN ANTONIO, TEXAS SYLLABUS FALL 2003 TERM ACCT 3308 – SA02 MANAGERIAL ACCOUNTING (3 credit hours) Instructor: Robert L. Gomez, MBA Phone: (210) 348-2450 Office: NW Vista College, LRC Rm 104D Fax: (210) 348-2004 E-mail: firstname.lastname@example.org Class Dates: Aug. 11 – Oct. 25, 2003 Office Hours: By Appt. Class Hours: Saturdays, 8:00 am – 12:10 pm Location: WBU Campus, Room 115 Text/Tools Needed for Every Class Session: Warren, Fess, Reeve, Managerial Accounting, 7th Ed. http://www.swcollege.com/acct/warren/warren_mgr_7e/warren_mgr.html One basic calculator (Ex: business or financial calculator). Prerequisites: ACCT 3307 Message from the Instructor: I possess a sincere respect for your decision to further your personal growth and education, and pledge my best efforts to make your educational experience at Wayland Baptist University both personally and academically rewarding. ADA Information: As per Section 504 of the Vocational Rehabilitation Act of 1973 and the Americans with Disabilities Act (ADA) of 1990, if an accommodation is needed, please inform instructor at your convenience. Course Objectives: This course will provide an overview of managerial accounting, to include: job order cost systems, cost behavior, cost-volume-profit analysis, performance evaluation using variances from standard costs, performance evaluation for decentralized operations, differential analysis, capital investment analysis, cost management, statement of cash flows, and financial statement analysis. Teaching/Learning Methodology: Optimal learning in accounting classes is attained through proactive classroom participation. Together, we will discuss management scenarios using money (in form of costs and revenues) as the performance measurement tool in a business setting. My goal is to facilitate your learning in the field of accounting, given your individual motivation and time constraints. I realize most students are under tremendous pressure to succeed in college while meeting life's challenges and commitments outside the classroom. I will make every reasonable attempt to pace this course in a manner that is sensitive to your time constraints. Every student is encouraged to complete all assigned reading prior to attending class. Grading: Percentage: 2 Exams 90% Exam 1 (Ch 1, 3, 6, 7) 45 % Exam 2 (Ch 8, 9, 11, 13) 45 % Attendance 5% Positive Class Participation 5% Total 100% Percentage Earned Grade Earned 89.5% - 100% A 79.5% - 89.4% B 69.5% - 79.4% C 59.5% - 69.4% D Below 59.4% F Exams: 2 exams will be administered during this semester (on September 20th & October 25th). In-class exams are ―open book, open notes‖. Test questions will require a basic, yet thorough, knowledge of management accounting concepts. Exam #2 (final exam) will NOT be a comprehensive test. Any student absent on days during which exams are administered should contact instructor asap to arrange for a very challenging make-up exam. Attendance Policy: Regular and punctual attendance at all classes is required. (Attending means being present for entire class period.) Evidence shows missing multiple class sessions can have a devastating impact on student learning in this class. A student absent for any reason is responsible for all work missed. Please contact a classmate or the instructor to inquire about material covered during a missed class session. Student absences are recorded from official date of enrollment. ―Any student who misses three (3) regularly scheduled class meetings will receive a grade of F in the course.‖ (per University Catalog). Regular and punctual attendance will positively impact your final grade. A positive attendance record will count 5% towards your final grade. Positive Class Participation: Being present for class sessions and constructively contributing to the class discussion will positively impact your final grade. Please contribute to a cordial, professional, and scholarly learning environment at all times. Be respectful towards others at all times. Bring a positive attitude and enthusiastic spirit with you to class sessions. Maintain a cordial, professional, non-disruptive, and collaborative learning environment at all times. Please, listen intently—and without disruption--to peer questions and answers. As a courtesy to all present in the classroom, please mute all cellular phones and/or pagers during class sessions. Please set all cell phones and/or pagers to ―silent‖ mode during class sessions. If you must take a phone call, please do so outside the classroom. Thank you for your consideration. Positive Class Participation will count 5% towards your final grade. Strategies for success in this Managerial Accounting class: Accounting is viewed as a challenging college course as students must learn new terminology, concepts, and a new information system in a relatively short period of time, and must demonstrate a level of mastery in solving accounting problems on assignments and examinations. Please be prepared to dedicate sufficient time to this class based on your current background in accounting. Learning Strategies: Read! Read! Read the chapters before attending class! I suggest an initial reading of each chapter for content and perspective, followed by a second reading for detail and analysis. This instructor will takes test questions directly from the text that requires a basic, yet thorough, knowledge of fundamental management accounting concepts. Sacrifices you make to prepare for this class will be well worth it during exam sessions. Trust me on this one! Classroom Preparation and Etiquette! In your preparation, please: Plan to begin class promptly at 8:00 a.m. and plan to remain for entire session. Attend every class in its entirety. Come to class energized, focused, and on-time. Maintain group awareness. To maintain positive benefit of a large class discussion, please observe your classmates, and pause when you see a classmate raising a hand to speak. Thereafter, politely contribute your thoughts to the discussion or raise a new topic of discussion. Patience, energy, and respect will carry us through these long class sessions. Positive Participation Strategies Be creative and courageous when participating in group and class discussions. Dare to make mistakes in class! (Inaccurate answers still earn valuable participation points.) This is going to be a fast 11-week term! Work diligently and try not to fall behind! Sacrifice but don’t neglect! Plan to study 1.5 times harder than you did for Financial Accounting course. Remember, there’s no substitute for sleep. Please don’t hesitate to call me for assistance! (348-2450-office) COURSE CONTENT: Day 1 Saturday, August 16, 2003 Topics / Assignments Introduction Syllabus / Student Info Forms Introduction to Accounting Concepts & Terminology Begin CHAPTER 1 INTRO. TO MANAGERIAL ACCOUNTING & JOB ORDER COST SYSTEMS Preparation for next class session Read Chapter 1 & 2 (for context and foundation). Read for next class session End-of-Chapter Exercise 1-6 (p30); Exercise 1-12 (p32); Exercise 1-18 (p34). Problem 1-6A (p40). Activity 1-4 (p47). Day 2 Saturday, August 23, 2003 Topics / Assignments Complete CHAPTER 1 INTRO. TO MANAGERIAL ACCOUNTING & JOB ORDER COST SYSTEMS Discuss End-of-Chapter exercises, as assigned. Begin CHAPTER 3 COST BEHAVIOR & COST-VOLUME- PROFIT ANALYSIS Discuss End-of-Chapter exercises, as assigned. Preparation for next class session Read Chapter 3 (for context and details). Read for next class session End-of-Chapter Exercise 3-5 (p116); Exercise 3-7 (p117); Exercise 3-6 (p116); Exercise 3-9 (p117); Exercise 3-13 (p118); Exercise 3-11 (p118); Exercise 3-18 (p119); Exercise 3-20 (p120); Exercise 3-22 (p120). Activity 3-2 (p127); Activity 3-3 (p127). Day 3 Saturday, August 30, 2003 Topics / Assignments Complete CHAPTER 3 COST BEHAVIOR & COST-VOLUME- PROFIT ANALYSIS Discuss End-of-Chapter exercises, as assigned. Preparation for next class session Read Chapter 6 & 7 (for context and details). Read for next class session End-of-Chapter Exercise 6-1 (p243); Exercise 6-19 (p248). Day 4 Saturday, September 6, 2003 Topics / Assignments Complete CHAPTER 6 PERFORMANCE EVALUATION USING VARIANCES FROM STANDARD COSTS Discuss End-of-Chapter exercises, as assigned. Begin CHAPTER 7 PERFORMANCE EVALUATION FOR DECENTRALIZED OPERATIONS Discuss End-of-Chapter exercises, as assigned. Preparation for next class session Re-read Chapter 7 (for details). Read for next class session End-of-Chapter Exercise 7-2 (p280); Exercise 7-13 (p284); Exercise 7-10 (p283); Exercise 7-12 (p284); Exercise 7-11 (p284); Exercise 7-17 (p285). Day 5 Saturday, September 13, 2003 Topics / Assignments Complete CHAPTER 7 PERFORMANCE EVALUATION FOR DECENTRALIZED OPERATIONS Discuss End-of-Chapter exercises, as assigned. Day 6 Saturday, September 20, 2003 Topics / Assignments 6:00 p.m. IN-CLASS EXAM #1 Chapters 1, 3, 6, 7 Open book, open notes. Bring calculator. Day 7 Saturday, September 27, 2003 Topics / Assignments 6:00 p.m. Discuss results of Exam #1. Begin CHAPTER 8 DIFFERENTIAL ANALYSIS & PRODUCT PRICING Preparation for next class session Re-read Chapter 8 (for details). Read for next class session End-of-Chapter Exercise 8-1 (p321); Exercise 8-2 (p321); Exercise 8-3 (p322); Exercise 8-6 (p323); Exercise 8-7 (p323); Exercise 8-9 (p323); Exercise 8-10 (p324); Exercise 8-12 (p324); Exercise 8-13 (p324). Day 8 Saturday, October 4, 2003 Topics / Assignments Complete CHAPTER 8 DIFFERENTIAL ANALYSIS & PRODUCT PRICING Discuss End-of-Chapter exercises, as assigned. Preparation for next class session Read Chapter 9 (for details). Read for next class session End-of-Chapter Exercise 9-1 (p354); Exercise 9-3 (p355); Exercise 9-5 (p355); Exercise 9-7 (p356); Exercise 9-14 (p358); Exercise 9-15 (p358). Day 9 Saturday, October 11, 2003 Topics / Assignments Complete CHAPTER 9 CAPITAL INVESTMENT ANALYSIS Discuss End-of-Chapter exercises, as assigned. Discuss CHAPTER 11 COST MGMT. FOR JIT ENVIRONMENTS Discuss End-of-Chapter exercises, as assigned. Preparation for next class session Read Chapter 13 (for details). Read for next class session CISCO Systems, Inc. Problem (p540). Day 10 Saturday, October 18, 2003 Topics / Assignments Complete CHAPTER 13 FINANCIAL STATEMENT ANALYSIS Discuss End-of-Chapter exercises, as assigned. Day 11 Saturday, October 25, 2003 Topics / Assignments 6:00 p.m. IN-CLASS EXAM #2 Chapters 8, 9, 11, 13 Open book, open notes. Bring calculator.
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