College of Business and Global Affairs

COLLEGE OF BUSINESS AND GLOBAL AFFAIRS

Course Data Sheet

Fall 2014

College Mission Statement:

The College of Business and Global Affairs, consistent with the overall Mission of The University of Tennessee at Martin, develops graduates whose skills, abilities and ethical standards contribute to a diversified and dynamic society. With a primary focus on teaching, the College emphasizes quality undergraduate and graduate instruction and faculty commitment to student and regional development. Programs are delivered in an environment that encourages a broad understanding of the forces shaping social, political and economic change in a global society. The College promotes and supports cooperative alliances with stakeholders and outstanding teaching, research and service.

Course Number and Title: Financial and Managerial Accounting II (Accounting 202)

Course Description: Continuation of financial accounting including corporate reporting and analysis and the

cashflow statement. Uses of accounting information for managerial decision making to aid planning and control activities of managers in business enterprises. Topics include methods for determining the cost of products and services, for assessing products and project profitability, and for budgeting and monitoring of costs and profits.Prereq: All students regardless of major must have a "C" or better in Accounting 201 if they are going to take Accounting 202 unless they have Accounting 300 in which case they must have a "C" or better in Accounting 300. This is not a new requirement, the new requirement will be that students in this year’s catalog must have a "C" or better in Accounting 201 before they can declare a business major grade of C or better in Acct 201.

Course Text and Required Materials, Wild, Shaw and Chiappetta, Financial and Managerial Accounting:

Information for Decisions, 5th Edition, McGraw-Hill Irwin, 2013.

ISBN: 978-0-07-802560-0 The Connectprogram will be used to prepare homework assignments.Bring your textbook to class on class days.

BSBA Learning Objectives related to the CBGA Mission:

Graduates of the BSBA program will have demonstrated the following BSBA learning goals in this course:

BSBA 2Demonstrate an understanding of the ethical aspects of business

BSBA 4Demonstrate effective verbal and written communication skills

BSBA 5Demonstrate an understanding of the business core

Course Specific Objectives

The study of Financial and Managerial Accounting Information: Information for Decisions has as its objective to provide the student with an understanding of:

the decision making role of managers,
corporate reporting and analysis,
the preparation and an analysis of cash flow statement,
the production process and product costing,
the nature of costs and how cost behavior affects the decision making process,
the impact of decisions based on short-run and long-run relevant information,
the budget and other tools for planning, control and performance evaluation,
the importance of qualitative and quantitative measures of performance,
analytical and critical thinking problem solving skills,
the basic foundation necessary for further study in accounting,
and the relationship to the business core and to prepare the student for further study in other business courses.

Any student eligible for and requesting academic accommodation due to a disability is required to supply a letter of accommodation from Disability Services (PACE Office), Clement 203 (Extension 7605 or 7744), within the first two weeks of the semester.

COLLEGE OF BUSINESS AND GLOBAL AFFAIRS

Class Data Sheet

Accounting 202

Instructor: Dr. Ronald W. Kilgore

Office:BA 138Phone: 731 881 7240

Office Hours: M-W-F 10:00 A.M. – 11:45 P.M.Fax:731-881-7241

M-W 1:15 P.M. – 2:15 P.M.Email:

And by Appointment

COURSE REQUIREMENTS:

Attendance Policy

You are strongly encouraged to not miss classes. One (1) point will be deducted from your total grade points for each missed class after the first three misses. You are expected to be in class and seated on time.

Test Policy

EXAM DATE and CHAPTERSWEIGHT

1SEE CLASS SCHEDULE100 POINTS

2SEE CLASS SCHEDULE100 POINTS

3SEE CLASS SCHEDULE100 POINTS

CONNECT HOMEWORK 50 POINTS

MASS FINAL 100 POINTS

The BTN’s represent extra credit. They can count UP to 25 Points depending upon the quality of your answers. They represent your only chance for extra credit. Therefore, they must be earnedThere is NO curve except a possible curve on the mass exam which is determined by the departmental after the tests are graded.

Assignment Policy

(1) Students are responsible for reading each chapter and preparing assignments from the text. All assignments are due on the date specified by the course instructor. (2.) Students are expected to attend class on a regular basis and participate in class discussion. They are encouraged to not miss scheduled tests unless seriously ill or for an unavoidable emergency. Make-up tests will be given only for justifiable reasons.

Grades:

A: 90.0-100% of total possible points

B: 80.0-89% “ “ “ “

C: 70.0-79% “ “ “ “

D: 60.0-69% “ “ “ “

F: Below 60% “ “ “ “

Classroom Courtesy

Students are expected to conduct themselves in a professional manner in class. Nonprofessional behavior or language will result in the student being dropped from the course. Cell Phones: All cell phones will be turned off during class and in your pocket/purse, or on the floor. Calculators will be provided for you during tests or exams.

Academic Integrity

Students are expected to conduct themselves at a high level of academic integrity. Any student found cheating will be assigned a final grade of F for the course and will be reported to the Vice Chancellor for Student Affairs and the dean of his/her college for further disciplinary action.

To sin by silence when they should protest makes cowards of men." (Abraham Lincoln).

"Aggies do not lie, cheat or steal, nor do they tolerate those who do." (Aggie Code of Honor)

“Honor is better than honors." (President Abraham Lincoln).

Day / Topic Covered / Reading

Assignments

/ Class
Problems
{B Only} / Extra Credit / Relationship to BSBA Goals
1/13 / Introduction to course and discussion of course syllabus
1/15 / Corporate reporting, Common Stock ,Dividends and analysis / Chapter 11 / 1,2
1/20 / Martin Luther King
1/22 / Preferred Stock and Treasury Stock / 4,5,6 / BSBA 2,4,5
1/27 / Basis of Cash flow Reporting / Chapter 12 / 1,
1/29 / Cash flows from operating, investing and financing activities / 2,3,4,5
2/3 / Managerial accounting basicsand accounting cost concepts / Chapter 14 / 3 / BSBA 5
2/5 / Reporting Manufacturing Activities / 4,5,6,7 / Ethics Challenge
BTN 14-3 / BSBA 2,4,5
2/10 / Test One / Connect Homework and BTN
Due by 5:00 p.m.
2/12 / Job order costing, analysis ,flows and reports / Chapter 15 / 1,2 / Ethics Challenge
BTN 15-3
2/17 / Adjusting Factory Overhead / 3,4,5 / BSBA 2,4,5
2/19 / Activity based costing and analysis / Chapter 17 / 1,2
2/24 / Assigning overhead cost / 3,4,5
2/26 / Identifying cost behavior / Chapter 18 / 1 / Ethics Challenge
BTN 18-3
3/3 / Spring Break
3/5 / Spring Break
3/10 / Measuring cost behavior and Applying cost volume profit analysis / 2,3,4,5,7
3/12 / Test Two / Connect Homework and BTN’s
Due by 5:00 p.m.
3/17 / Variable costing and performance reporting / Chapter 19 / 1,2 / Ethics Challenge
BTN 19-3
3/19 / Comparing variable and cost absorption / 3,4,5,
3/24 / Budget process / Chapter 20
3/26 / Budget administrations / 1,2 / BSBA 5
3/31 / Master Budget / 3,4,6
4/2 / Flexible budgets and performance planning / Chapter 21 / 2
4/7 / Flexible budget reports Standard cost and variance analysis / 3,4,5,6,7 / BSBA 2,4,5
4/9 / Test Three / Connect Homework and BTN Due by 5:00 p.m. / BSBA 2,4,5
4/14 / Responsibility accounting and cost centers / Chapter 22 / 1,2 / Ethics Challenge
BTN 22-3
4/16 / Evaluating profit, cost and investment centers / 3,4,5,6
4/21 / Relevant costing for managerial decisions / Chapter 23 / NONE / BSBA 2,4,5
4/23 / Managerial decisions scenarios / Connect Homework and BTN Due by 5:00 p.m. / BSBA 2,4,5

My WebPage:

Homework Instructions:

Your Connect Homework Manager list those problem which should be worked on Connect to earn 50 of your total points. These problems will be graded by Connect and set to me automatically. Connect will allow you multiple attempts to work each problem and will record your highest attempt. The due dates for your Connect homework are on your syllabus and the test dates indicated and are in red.

Ethics Challenges:

The Ethics Challenges (BTN’s (Beyond The Number)) are located at the end of each chapter. They are optional and will count as extra credit. They must be emailed to me at as an attachment in Word. You may earn UP TO 5 points for each BTN based on the quality or your answers. Please contact me immediately if there is a discrepancy. Do not wait until the end of the semester to reconcile any differences. The burden of proof concerning completed homework assignments falls upon the student. Do not delete any “ETHICS CHALLENGE” essay until you are sure it has been graded and recorded.

The BTN’s represent extra credit. They can count UP to 25 Points depending upon the quality of your answers. They represent your only chance for extra credit. Therefore, they must be earned. There is NO curve except a possible curve on the mass exam which is determined by the departmental after the tests are graded.

NOTICE:All transfers of junior and senior level courses normally taught in the College of Business and Global Affairs must be approved in advance by the student's department chair (or dean) upon recommendation by the student's advisor.