BSAD 2221-31: Introduction to Managerial Accounting
OFFLINE: Spring Semester- 2018
Instructor: David C. Layne, Ph. D.
Office: G2G at Taft College, 29 Cougar Court, Taft, CA93268
Office Hours: Monday-Wednesday: 9:00 – 11:00 a.m. andby appointment
Contact Hours for Course: Monday, Wednesday from 1:00 – 3:00 p.m.
Phone: (661) 763-7931
e-mail:
Prerequisites: BSAD 2220 (formerly BSAD 1A) Introduction to Financial Accounting
Credit: 4- Semester Credits
Advisory: Math 1050, Business 1500, English 1000, and Reading 1005 strongly recommended
Total Hours: 64 Hours of Lecture: 2-6 Hours Homework for each hour of lecture
Class Meets: Class meets January 16, 2018, and ends May 17, 2018. This is a 17- week course with the last week containing the final examination for the course.
Course Description:Business Administration 2221 (formerly BSAD 1B) is a foundation course in managerial accounting principles. Areas covered include study of the basic features of internal reporting systems, cost system designs, cost management and strategic management with an emphasis on business decision making.
Type of Class: Degree Credit
Add/Drop Deadlines:
Last Date to Drop With Refund: January 25, 2018
Last Date to Drop with No Notation: January 28, 2018
Last Date to Drop with “W”: April 2, 2018
Adding and dropping a class is the student’s responsibility. Do not assume that just because you no longer attend class that you have been dropped from the course. Any change in your attendance status must be done by you. If you do not come to class and do not file your DROP request with the registrar, you will be issued an “F” for this course. This looks ugly on a transcript and is easy to prevent by doing the simple paperwork to drop or withdraw.
Course Repetition and Withdrawal:
Students that have received a course grade of D, F, NP or W 3 times will not be permitted to take the course again at Taft College. If extenuating circumstances apply, students may petition to enroll in a course the fourth time. For further information, please contact the Counseling Center at 661-763-7748.
Materials:
Rental Text:
Warren, Carl S., Reeve, James M., & Duchac, Jonathan E., Financial & Managerial Accounting, 14th Ed., Boston: Cengage., 2018.
ISBN-13: 978-1-337-11920-7.
All rental agreement policies will be explained at the Taft College bookstore.
OPTIONAL- Purchase Working Papers:
Warren, Carl S., Reeve, James M., & Duchac, Jonathan E (2017). Working Papers, Chapters 15-26 Financial & Managerial Accounting, Boston: Cengage.
ISBN-13: 978-1-337-27062-5.
Learning Objectives:
At the end of this semester course, students will be able to:
1. Define and apply managerial accounting principles to business transactions.
2. Apply the basic principles and concepts of management accounting for business decision making.
3. Define the job order cost system and make correct entries using the system.
4. Distinguish the process cost system and apply its principles to a manufacturing concern.
5. Explain and properly determine cost systems, cost behaviors, and cost relationships.
6. Define variable cost systems and create specialized cost statements.
7. Describe and create budgets for manufacturing operations.
8. Describe the process used in standard cost systems and properly record entries using a standard cost system.
9. Describe elements in the responsibility accounting system and make proper accounting entries under the system.
10. Define investment centers and be able to determine rates of return, residual income, and the DuPont Formula.
11. Define and apply the principles of differential analysis and product pricing.
12. Perform capital investment analysis.
13. Define and properly classify transactions using cost allocation and activity-based cost systems.
14. Define and record transactions under a just-in-time environment.
15. Evaluate and solve problems using management decision making strategies.
Student Learning Objectives (SLOs):
BSAD2221 Intro To Managerial Acct - Student Learning Outcomes (SLO's)1. Students will be able to distinguish between costing systems and their applications in organizations. (K-Cognitive, Knowledge)
2. Students will be able to analyze costing information to create useful reports for managerial use. (S-Skill, Psychomotor)
3. Students will demonstrate ethical costing and budgeting decision making in global business contexts. (A-Affective)
Learning Activities Required Outside of the Classroom:
Students will typically spend a minimum of six hours each week outside of the classroom in the any or all of the following activities:
a. Reading the required text and other background materials for class;
b. Reading and preparing homework assignments;
c. Researching and reporting relevant information in professional journals;
d. Studying classroom notes in preparation for assessments;
e. Drafting and revising writing projects;
f. Creating and analyzing case studies, and
f. Collaborating with students to accomplish group projects.
Methods of Instruction:
Students will encounter any or all of the following learning strategies:
a. Group discussions;
b. Role playing using scenarios;
c. Case development and presentations;
d. Small group projects;
e. Simulations;
f. Problem-solving and situational analysis;
g. Demonstrations;
h. Visual presentations; and
g. Lecture
Methods of Evaluation:
This course will use any or all of the following formative and summative assessments:
a. Oral and written case analysis;
b. Oral and written reflections on students’ learning and metacognition;
c. Portfolio construction and presentation;
d. Academic reports recorded in academic style using A.P.A. formatting;
e. Quizzes;
f. Summative assessments;
g. Presentations and demonstrations; and
h. Class participation
Homework and Examinations:
Homework:
Each chapter will have one or two homework assignments which may include True and False sections, the multiple choice sections, the matching sections, practice exercise sections, exercises sections, problems, continuing problems, and special activities. Please pay careful attention to the assignments listed in the Scope and Sequence in the syllabus to make sure you do the assigned work. To receive full credit for homework, a student must complete all the assigned work which includes showing all the computational steps necessary to solve the problem. Be sure to check your work for completeness and accuracy before turning it in. Each completed assignment is worth 50 points.ONLY ONE PROBLEM WILL BE GRADED, but at least 15-points will be deducted when exercises and problems assigned are not completed.
Home work is due on Monday the week after the theory in a chapter is covered (e.g. for Week 1, the homework from Chapter 15 is due on Monday of Week 2 and so on). Be careful of the last two weeks of class where dates are changed to meet the college testing schedule. NO LATE WORK ACCEPTED.
Those students at TCI and Main will coordinate the submission of their homework with the Taft College representative.
Exams:
There will be 13 chapter examinations and one final examination. All examinations are worth 50 points each. Exams may include multiple-choice options, true and false questions, short answer, and computational problems. The exams are not directly cumulative and will consist of questions concerning information from the chapter. Each exam is designed to take 90 minutes to complete. Each examination is due by Friday following the week of theory presented in the chapter. For example, the examination for Week 1 on Chapter 15 will be due on Friday of the second week of class and so on. All examinations are open book, open note. No late exams will be accepted.
Those students at TCI and Main will coordinate the submission of their homework with the Taft College representative.
Accounting Research Report:
Managerial accounting is a fascinating study of many systems which use various methods of recording, tracking, and analyzing costs in businesses. Students are to create a 2-3 page paper comparing two different systems or methods of cost accounting. The paper is to be written using an APA style guide and is also to have a cover sheet, abstract, and a reference list which are not counted in your page requirement. Your paper must include two in-text citations and at least one primary source. Wikipedia and wiki- citations are not acceptable. Maximum points will be earned when papers include in-depth definitions of the systems, strong examples of them, and a powerful analysis of them.This report is DUE Friday, March23rd, 2018.If you have any questions about APA style, please go to your library on how to write using the APA style guide. The OWL Purdue website can help with this requirement. If your use OWL Purdue as a guide, please DO NOT use a “Running Head” or include any keywords in your paper. NO LATE RESEARCH PROJECT REPORTS ACCEPTED.
Grading:
• / Homework- 15 @ 50 points each / 750• / Chapter Exams- 13@ 50 points each / 650
• / Final Exam- 1 @ 50 points / 50
• / Accounting Research Report / 50
TOTAL POINTS POSSIBLE: / 1500
90- 100% = A
80-89% = B
70-79% = C
60-69% =D
59% = F
Late Work Policy: No late work will be accepted.
INSTRUCTOR FEEDBACK:
I believe in providing timely and effective feedback to all my students and will reply to your e-mail within 1 to 2 days. I will do my best to get your assignments graded within 1 week from the date they are due.
Students with Learning Disabilities or Irregular Processing Patterns:
Students with disabilities or students who believe they may have a learning disability and who need accommodations in this course are encouraged to contact Student Support Services (661) 763-7841 or (661) 763-7927 as soon as possible to implement reasonable accommodations promptly. Student Support Services provides many useful accommodations to students who qualify for additional resources, including extended time on tests, spellcheckers, audio technology, and other useful services. If you have difficulty staying focused, respond more strongly to the spoken language than written language, or suspect that you may be disadvantaged academically by the means with which you process classroom material, I urge you to contact Student Support Services. Do not be shy or ashamed. Steven Spielberg, Isaac Newton, Beethoven, and Albert Einstein are just a few of the many geniuses with learning disabilities.
ACADEMIC HONESTY STATEMENT:
“Academic dishonesty is defined by this college as any illegitimate act by any student, such as plagiarism or falsifying documents that would gain that student an advantage in grading, graduating from the college, or qualifying for entrance into any academic program. It is a serious breach of student conduct and will be treated as such by administrators, instructors, staff members, and students of the college. Penalties for such conduct, depending on its severity, may range from a simple reprimand to an action that results in expulsion from the college. All flagrant instances of academic dishonesty will be reported to the Vice President of Instruction and/or the Vice President of Student Services, and appropriate measures will be taken by those officers of the college to correct the problem.”
All students are expected to work independently.PLAGIARISM IS NOT ACCEPTABLE AND WILL RESULT IN A GRADE OF “0” FOR THE ASSIGNMENT. THE VICE PRESIDENT OF INSTRUCTION WILL BE NOTIFIED. THE SECOND TIME WILL RESULT IN A FAILED COURSE.
General Course Policies:
Keys to success in this class-
1.Be attentive to every week’s assigned reading.Actively and critically read your text and be sure to read before attempting any homework.
2. Keep up! Accounting is cumulative. If you fall behind, it will be increasingly difficult to catch back up.
3. Do the homework. Homework is more than 1/3 of your grade. You cannot learn the material without doing the homework, and you certainly cannot earn a good grade without it.
4. Submit all assignments on time.
5. Keep me informed! Life happens. I am willing to make allowances for late work under emergency situations IF YOU LET ME KNOW ASAP.
6. Use me as a resource.I am available by phone and by e-mail.
7.Have fun!
Scope and Sequence:
DATE / HOMEWORK ASSIGNMENT / HOMEWORK DUE / EXAMINATIONS DUEWeek 1
(1/16) / Chap. 15: Pg. 769- 774 All Even Exercises
Problems #PR15-4A
Week 2
(1/21) / Chap. 16:Pg. 812-818 All Even Exercises
Problems #PR16-4A, 5A / Monday: Homework Chap. 15 / Friday: Exam for Chap. 15:
Prob. #PR15-5A
Week 3
(1/28) / Chap. 17: Pg. 867-873All EVEN Exercises (NOT Appendix!)
Problem #PR17-4A (H/W #1) / Monday: Homework
Chap. 16 / Friday: Exam for Chap. 16:
Prob. #PR16-5B
Week 4
(2/4) / Chap. 17: Pg. 874- 876 All Appendix Exercises
Problem #PR17-5A (H/W#2) / Monday: Homework
Chap. 17H/W #1 / NO EXAM THIS WEEK
Week 5
(2/11) / Chap. 18: Pg. 918- 927 All EVEN Exercises
Problem #PR18-4A / Monday: Homework
Chap. 17H/W#2 / Friday: Exam for Chap. 17
Prob. #PR17-3A
Week 6
(2/18) / Chap. 19: Pg. 978- 985 All EVEN Exercises
Problem #PR19-6A / Monday: Homework
Chap. 18 / Friday: Exam for Chap. 18
Prob. #PR18-5A
Week 7
(2/25) / Chap. 20: Pg. 1030- 1039 All EVEN Exercises
Problem #PR20-3A,4A (H/W#1) / Monday: Homework
Chap. 19 / Friday: Exam for Chap. 19
Prob. #PR19-4A
Week 8
(3/4) / Chap. 20: Pg. 1030- 1039 All ODD Exercises
Problems #PR20-5A,6A (H/W#2) / Monday: Homework Chap. 20H/W#1 / NO EXAM THIS WEEK
Week 9
(3/11) / Chap. 21: Pg. 1084- 1091 All EVEN Exercises
Problems #PR21-1A,2A,3A / Monday: Homework Chap. 20 H/W#2 / Friday: Exam for Chap. 20-
Prob. #PR20-2B
Week 10
(3/18) / Chap. 22: Pg. 1139- 1145 All EVEN Exercises
Problems #PR22-2A,3A / Monday Homework Chap. 21 / Friday: Exam for Chap. 21
Prob. #PR21-5A
Accounting Research Report DUE: 23-MAR-18
Spring Break!
(3/25) / Enjoy your holiday!
Week 11
(4/1) / Chap. 23: Pg. 1189- 1196 All EVEN exercises
Problems #PR23-4A,5A / Monday Homework Chap. 22 / Friday- Exam for Chap. 22
Prob. #PR22-3B
Week 12
(4/8) / Chap. 24: Pg. 1243- 1250 All EVEN Exercises (No APPENDIX)
Problem #PR24-2A,3A,4A(H/W#1) / Monday Homework
Chap. 23 / Friday: Exam for Chap. 23
Prob. #PR23-5B
Week 13
(4/15) / Chap. 24: Pg. 1250 All APPENDIX Exercises
Problem #PR24-1A,5A,6A (H/W#2) / Monday Homework Chap. 24 (H/W#1) / NO EXAM THIS WEEK
Week 14
(4/22) / Chap. 25: Pg. 1288- 1293 All EVEN Exercises
Problems #PR25-1A,2A (H/W#1) / Monday Homework Chap. 24 (H/W#2) / Friday: Exam for Chap. 24
Prob. #PR24-1B,2B
Week 15
(4/29) / Chap. 25: Pg. 1288- 1293 All ODD Exercises
Problems #PR25-3A,4A (H/W#2) / Monday Homework
Chap. 25 (H/W#1) / NO EXAM THIS WEEK
Week 16
(5/6) / Chap. 26: Pg. 1330- 1337 All EVEN Exercises
Problem #PR26-3A,4A / Monday Homework Chap. 25 (H/W#2) / WEDNESDAY: EXAM Chap. 25
Prob. #PR25-5A
Change Due to Finals Week!
Week 17
(5/11)
FRIDAY STARTS FINALS WEEK / NOTE DATE CHANGE DUE TO FINALS! / FRIDAY 11-May-2018:
**Note Change Due to Finals!** / FRIDAY- FINAL EXAMINATION
Chap. 26-
Problem #PR26-4A
DUE: 11-May-2018!
**NOTE: The instructor reserves the right to change the scope and sequence to meet the needs of each class.
Accounting Topic Comparison Paper- RubricQuality: / Level -0 / Level -3 / Level -5
Cover Page / Missing pieces / All pieces present, but not quite in correct format / All present and correct
Abstract / Missing / Present, but too long: More than 3 sentences. / Present and correct. Three sentences or less.
Body- Discussion / Less than 3pages / 2-3 pages, but comparison weak, more than 3 pages / 2- 3 pages, strong comparison present
In-text Citations / Missing / 1 or 2 present, but not correct / 2 present and correct
References / Missing / 1 present but not correct / 1 present and correct
Totals:
GRAND TOTAL: X 2 = /50
Proctor Request Form
Item : / Information:Student Name:
Student E-mail:
Course Name and Number: / BSAD2221-30: Managerial Accounting
Instructor: / David Layne, Ph.D.
Instructor E-Mail /
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