Northeastern
Department of Accounting
Fall 2007
INSTRUCTOR:
Vicki
Trammell, MBA, CPA
Office
in Tahlequah: BT 110
Office
Hours in Tahlequah: 8:00--9:00 MWF, 12:00-1:00 MWF & 10:00-11:00 TTH.
Assistance
outside of these hours is available.
Telephone: 918-456-5511 ext. 2902 FAX: 918-458-2337
COURSE
TITLE AND NUMBER: CLASS
DAYS & TIME:
Introduction to Managerial
Accounting, ACCT 2203
Class Room: BT 118 11: 00 –12:15 p.m. TTH
BT 102
09:00 – 09:50 a.m. MWF
BT
121 10: 00 –10:50 a.m. MWF
PREREQUISITES:
CATALOG
DESCRIPTION OF COURSE:
An
introductory course in managerial accounting that emphasizes the decision
making needs of internal management to achieve organizational objectives: Topics include cost behavior, management
accounting systems, selecting relevant information, decision making, budgeting,
responsibility accounting, capital budgeting, breakeven analysis,
activity-based costing, and financial
statement
analysis.
COURSE
PURPOSE:
This
course is a continuation of the introductory course, and examines the concepts,
principles and procedures that pertain to preparing, summarizing, and analyzing
information for managerial decision-making.
The course will provide a practical approach to the role of accounting
in satisfying management’s need for information in both manufacturing and
service-type businesses, as well as other organizations. The student will also learn about the
principles underlying the design, integrity, and effectiveness of managerial
accounting information systems.
Introduction
to Managerial Accounting is the second accounting course in the curriculum and
has Accounting 2103 as its prerequisite.
It is the prerequisite for Finance 3213, all of which are part of the
business core.
EXPECTED
COURSE OUTCOMES:
1.
Understand
the difference between financial and managerial accounting.
2.
Be
aware of what is measured by management accounting and how this information is
summarized and communicated to internal users.
3.
Be
able to apply the tools and techniques of managerial accounting, including
cost-profit-volume analysis, budgeting, variance analysis, and capital
budgeting.
4.
Understand
the difference between relevant and irrelevant information for managerial
decision-making.
5.
Understand
the importance of utilizing both quantitative and qualitative information in
making managerial decisions.
INSTRUCTIONAL
MATERIALS:
(Required Textbook)
Managerial Accounting, Garrison, and Noreen, 12th
Edition, McGraw-Hill.
ISBN #978-0-07-352670-6
INSTRUCTIONAL
PROCEDURES:
The
primary instructional methods used will be lectures and group interaction. Class discussion, case studies, and problem
solving will be an important part of the instructional process.
The following general topics will be covered within
the course:
Managerial Accounting and the
Business Organization
Cost Behavior and Cost-Volume
Relationships
Measurement of Cost Behavior
Cost Management Systems and
Activity-Based Costing
Relevant Information and Decision
Making: Marketing Decisions
Relevant Information and Decision
Making: Production Decisions
The Master Budget
Flexible Budgets and Variance
Analysis
Management Control Systems and
Responsibility Accounting
Management Control in Decentralized
Organizations
Capital Budgeting
Cost Allocation and Activity-Based
Costing
STUDENT
PERFORMANCE ACTIVITIES: (Attendance/Punctuality)
Students will be expected to attend class and be on
time. Excessive unexcused absences can
affect your grade. A seating chart will
be used and attendance will be monitored.
Participation in class discussions will be an informal input to your
final grade, and is strongly encouraged.
There is no such thing as a dumb” question. I appreciate your participation and
questions.
INSTRUCTIONAL
PHILOSOPHY:
The
most effective and efficient use of classroom time aims at reinforcing or
clarifying what the student has tried to learn on an individual basis before
entering the classroom. Therefore,
optimal learning is achieved by (a) wholehearted preparation via studying the
assigned chapters and solving the assigned problems, (b) discussion of the
material by the students and instructor in class, and (c) the instructor’s
underscoring of the most important points.
The
student bears the primary responsibility for learning the material, while the
professor has the responsibility to assist in the learning process by
demonstrating problem-solving techniques and clarifying difficult
concepts. To achieve this objective, the
student should plan to spend at least two hours outside of class for each hour
in class.
ASSIGNMENT
DUE DATES:
Assignments are due at the beginning of the class period on the date indicated. Any information obtained during class discussion of assigned problems must be indicated by the use of red ink to distinguish work done before, rather than during class. You will be given partial credit for a reasonable attempt to work the problem, even if significantly deficient. (See attached schedule for specific problem assignments and due dates.)
STUDENT
EVALUATION:
Grades will be based upon formal written examinations,
periodic quizzes, and written
assignments. If a
student misses one of the first three exams, and has a valid excused absence,
and notifies the instructor before the exam, it can be made up before the next
class period with a ten-point reduction in the exam score. Each additional missed exam will be
assigned a grade of zero.
Written Examinations.....................…... 300
Quizzes/Special Assignments................. 100
Homework................................……….. 100
Final Examination......................…….... 100
TOTAL POINTS ..........................…... 600
Two quizzes and six homework assignments will be
dropped. No late homework or quizzes
will be accepted.
Letter
grades are computed as follows:
A = 90 – 100%
B = 80 – 89%
C = 70 – 79%
D
= 60 – 69%
F
= under 60%
Grade
Appeals-The
student should arrange a conference with the professor; if no settlement is
reached, either party may refer the matter to the College of Business Dean by a
written statement. If mediation fails,
the matter will go to the Vice President of Academic Affairs. The deadline for initiating a grade appeal is
four (4) months after the date the grade was assigned.
Deadline
for Dropping Course-Students
are advised that the last date during the semester when
they may
drop a course with an automatic “W” will be November 6, 2007. If you decide to drop
after this
date, you will receive the grade you have earned up to the drop date. The grade of “W”
will be
assigned if your grade is a “D” or higher; and an “F” will be assigned if you
stop
attending
and have not turned in assignments or have not taken scheduled exams prior to
the
drop date.
AMERICAN
WITH DISABILITIES ACT COMPLIANCE
If any member of the class feels that he/she has a disability and needs special accommodations of any nature whatsoever, the instructor will work with you and the University’s Office of Student Affairs to provide reasonable accommodations to ensure that you have a fair opportunity to perform in this class. Please advise the instructor of such disability and the desired accommodations at the first class attended.
INCLEMENT
WEATHER/DISASTER POLICY:
The following are basic premises for the
inclement weather policy at
1.
Classes
will be held if at all possible.
2.
It
is the student’s responsibility to receive the information when weather is
questionable.
3.
Neither
students nor faculty are expected to risk life or limb.
4.
Faculty
members are obligated to hold classes if the University is not closed, unless
the faculty member is unable to get to campus.
Policy: During
times of inclement weather, decisions concerning day classes will be made by
The following media will be
notified regarding closing of the campus:
Radio Stations: Television
Stations:
KRMG 740 AM
KAYI 107 FM
KTLQ 1350 AM Tahlequah KTUL Channel 8
KEOK 102FM Tahlequah KFSM Channel 5
KBIX 1490 AM
KMMY 97 FM
KVOO 1170 AM
The automated attendant
message on (918) 456-5511 will be modified to include information
concerning campus
operations during inclement weather.
|
ACCOUNTING 2203INTRODUCTION TO
MANAGERIAL ACCOUNTING TENTATIVE COURSE SCHEDULE MWF |
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DATE |
Ch |
Subject |
Homework Assignment |
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AUG 15 W |
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ORIENTATION |
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AUG 17 F |
1 |
MGR ACCT & THE BUSINESS ENVIRONMENT |
Q’s 1,2,5,6,10,11 |
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AUG 20 M |
1 |
MGR ACCT & THE BUSINESS ENVIRONMENT |
Ex 1-4, 1-7, 1-8, Quiz |
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AUG 22 W |
2 |
COST TERMS, CONCEPTS, & CLASSIFICATIONS |
Ex 2-1, 2-2, 2-3 |
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AUG 24 F |
2 |
COST TERMS, CONCEPTS, & CLASSIFICATIONS |
Ex 2-4 |
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AUG 27 M |
2 |
COST TERMS, CONCEPTS, &
CLASSIFICATIONS |
EX 2-5, 2-6, 2-9,Quiz |
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AUG 29 W |
3 |
SYSTEMS DESIGN-JOB ORDER COSTING |
Ex 3-1,3-3 |
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AUG 31 F |
3 |
SYSTEMS DESIGN-JOB ORDER COSTING |
Ex 3-4, 3-5, 3-6 |
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SEPT 3 M |
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LABOR DAY |
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SEPT 5 W |
3 |
SYSTEMS DESIGN-JOB ORDER COSTING |
Ex 3-8, 3-13 Quiz |
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SEPT 7 F |
|
Review for first exam |
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SEPT 10 M |
|
FIRST EXAM CH 1-3
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SEPT 12 W |
5 |
COST BEHAVIOR-ANALYSIS & USE |
Q 1,2,3,5,7 & 8, Ex 5-1 |
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SEPT 14 F |
5 |
COST BEHAVIOR-ANALYSIS & USE |
Ex 5-2, 5-6 |
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SEPT 17 M |
5 |
COST BEHAVIOR-ANALYSIS & USE |
Ex 5-4, 5-10,Pr 5-17, Quiz |
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SEPT 19 W |
6 |
COST-VOLUME-PROFIT RELATIONSHIPS |
Q 1,3,4,5,6, Ex 6-1 |
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SEPT 21 F |
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NO CLASS |
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SEPT 24 M |
6 |
COST-VOLUME-PROFIT RELATIONSHIPS |
Ex 6-3, Ex 6-4 |
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SEPT 26 W |
6 |
COST-VOLUME-PROFIT RELATIONSHIPS |
Ex 6-5, Ex 6-6, Quiz |
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SEPT 28 F |
7 |
VARIABLE COSTING:A TOOL FOR MANAGEMENT |
Q 1-3 & 10, Ex 7-1 |
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OCT 1 M |
7 |
VARIABLE COSTING:A TOOL FOR MANAGEMENT |
Ex 7-2, 7-7 |
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OCT 3 W |
7 |
VARIABLE COSTING:A TOOL FOR MANAGEMENT |
Ex 7-9, Quiz |
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OCT 5 F |
|
Review for second exam |
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OCT 8 M |
|
SECOND EXAM CH 5-7 |
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OCT 10 W |
9 |
PROFIT PLANNING |
Q1,2,3,4, Ex 9-1 |
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OCT 12 F |
9 |
PROFIT PLANNING |
Ex 9-2, Ex 9-7 |
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OCT 15 M |
9 |
PROFIT PLANNING |
Pr 9-14 req 1 only |
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OCT 17 W |
9 |
PROFIT PLANNING |
Ex
9-9 req 1&2 only, Quiz |
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OCT 18-19 |
|
FALL BREAK |
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OCT 22 M |
10 |
STANDARD COSTS |
Q 1,4,5,6,7, Ex 10-1 |
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OCT 24 W |
10 |
STANDARD COSTS |
Ex 10-2, 10-3, |
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OCT 26 F |
10 |
STANDARD COSTS |
Ex 10-9, 10-10, Quiz |
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OCT 29 M |
11 |
FLEXIBLE BUDGETS & OVERHEAD ANALYSIS |
Ex 11-1, 11-2 |
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OCT 31 W |
11 |
FLEXIBLE BUDGETS & OVERHEAD ANALYSIS |
Ex 11-7, 11-9 |
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NOV 2 F |
11 |
FLEXIBLE BUDGETS & OVERHEAD ANALYSIS |
Ex 11-10, Quiz |
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NOV 5 M |
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Review for third exam |
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NOV 6 T |
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LAST DAY TO DROP WITH AN AUTOMATIC “W” |
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NOV 7 W |
|
THIRD EXAM CH 9-11 |
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NOV 9 F |
12 |
SEGMENT REPORTING skip pages
530-541 |
Q 1,2,3,11, Ex 12-2 |
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NOV 12 M |
12 |
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