Provost’s Office
November 2002
For instructions, please consult: http://www.ncsu.edu/provost/academic_programs/courses/crsindx.html
DEPARTMENT/PROGRAM ___Accounting______
COURSE PREFIX ___ACC 525______
PREVIOUS PREFIX/NUMBER ______
COURSE TITLE ___Advanced Management Accounting______
ABBREVIATED TITLE A D V M A N A G E M E N T A C C (18 including spaces)
SCHEDULING: Fall __X_ , Spring ___ , Summer ___ , Every Year _X__
Alt.Year Odd ____ Alt.Year Even ____ Other______
CREDIT HOURS ___3____ OFFERED BY DISTANCE EDUCATION ONLY ______
CONTACT HOURS: Lecture/Recitation _X__ Seminar___ Laboratory___ Problem___
Studio___ Independent Study/Research___ Internship/Practicum/Field Work___
GRADING: ABCDF __X__ or S/U ____ DATE OF LAST ACTION: ______
PREREQUISITE(S) _MAC Graduate Standing______
COREQUISITE(S) ______
PRE/COREQUISITE for Following Course(s)______
______
RESTRICTIVE STATEMENT(S) ______
______
A study of how accounting and operating information is used in management planning and decision making. Students will apply advanced costing models and design and evaluate management decision making information systems. Topics will include issues that are appropriate for consideration by executive management and the board of directors.
CURRICULA/MINORS FOR WHICH COURSE IS DESIGNED:
Required: ______
Elective: ______
GER LIST(S):______
INSTRUCTOR RESPONSIBLE FOR COURSE/RANK: ____Al Chen______Professor______
ANTICIPATED ENROLLMENT PER SEMESTER: _60__ Maximum No./Sect.: _30/2__ Multiple Sections: Yes _X___ No ____
RECOMMENDED BY:
______
Head, Department/Program Date
ENDORSED BY:
______
Chair, College Courses & Curricula Committee Date
______
College Dean Date
______
Chair, University Courses & Curricula Committee Date
______
Chair, Council on Undergraduate Education Date
APPROVED:
______
Provost's Office Date
Reason for change:
We are requesting a change in all of the catalog descriptions for Master of Accounting courses to better reflect the content of these courses. Over the past 5 years employers of our MAC graduates have shifted their emphasis to reflect changes in professional accounting practice. There is a growing emphasis on business problem solving skills and ethical business practices, and we have incorporated this emphasis in our course content. At the same time, the courses continue to provide students with an outstanding base line knowledge of accounting principles. This is apparent in student pass rates on the CPA exam and continued success in the employment markets.
We are requesting the updated catalog description to better reflect the educational content of what we are offering in the classroom. Students acquire a high level of understanding of complex accounting and tax principles and procedures while they develop an appreciation of how these principles affect all aspects of business problem resolution. We expect that the revised catalog descriptions will present a clearer picture of what we offer to our graduate accounting students and better reflect our understanding of the requirements of the the professional marketplace.
CALENDAR AND ASSIGNMENTS
THIS PAGE WAS MODIFIED: February 26, 2003
PLEASE CHECK THIS PAGE DAILY
DATE / READING & DISCUSSION / ASSIGNMENT & EXAM
8/22 / Strategy & Management Accounting / Download Strategy & Management Accounting
8/24 / Strategy & Management Accounting
8/29 / Cost and Performance Management Systems / Confrontation Strategy
8/31 / Stage II Cost Systems / Strategy & Management Accounting
9/5 / Stage III Systems for Learning and Improvement
9/7 / Transformation in Profession
9/12 / Activity-based Costing
9/13 / Accounting Career Fair / McKimmon Center
9/14 / Team Case I / Romeo Engine Plant Case
9/19 / Activity-based Management
9/21
9/26 / Team Case II / ABM at Stream International
9/28 / E-Commerce / Feature Costing
10/3 / Web Business
10/5 / Measuring the Cost of Resource Capacity
10/10 / Measuring the Cost of Resource Capacity
10/12 / Management of Technology Workday
10/17 / No Class - Fall Break
10/19 / Management of Technology
10/24 / Matrix Algebra / Reciprocal Method / E-Commerce Performance Evaluation
10/26 / Managing Product Mix and Pricing / Technology Management
10/31 / Linear Programming
11/2 / Regression / Learning Curve
11/3 / Graduate Symposium / McKimmon Center
11/7 / PERT
11/9 / Review / Wachovia Lecture:
Stan Kelly, Executive VP for Wachovia Bank, 4 p.m., N 3400
11/14 / In-Class Exam / Quantitative Methods
11/16 / Managing Suppliers and Product Development
11/21 / Supplier Management Survey Workday
11/23 / No Class - Thanksgiving
11/28 / Managing Customers
11/30 / Supplier Management
12/5 / Managing Customers
12/7 / Conclusion
THIS PAGE WAS MODIFIED: February 26, 2003
PLEASE CHECK THIS PAGE DAILY
INSTRUCTOR: Dr. Al Chen
OFFICE: 3162 Nelson Hall
CONTACTS: 515-4437 (voice), 515-4446 (fax), (email)
CLASS TIME: Section 001: T,TH 11:20-12:35, Nelsen 1140
OFFICE HOURS: 8:30 - 9:30 a.m. TH and by appointment
SECRETARY: Accounting Staff Team, 3173 Nelson Hall (515-1007)
Course Objectives
This course will focus on uses of accounting information for management decisions within a firm, applications of advanced costing models, and design and evaluation of managerial accounting systems. It will be followed by the discussion of the confrontation strategy and strategic cost management systems that have been used by the lean enterprise. Specifically, this course is desgined to:
· Develop professional skills in using management accounting information, in applying advanced cost management knowledge with ethical consideration.
· Refine your experience in problem-solving techniques,
· Enhance your communication skills in the context of management accounting,
· Practice and strengthen the skills to work in groups.
Prerequisites
ACC 320 (Managerial Uses of Cost Data) or ACC 581 and 582 (Accelerated Survey of Financial and Managerial Accounting), and
BUS 350 (Economics and Business Statistics)
Required Materials
· Robin Cooper and Robert Kaplan, The Design of Cost Management Systems, Prentice-Hall Inc. 1998, estimated cost $95. The book offers readings and case materials.
· Course packet at Sir Speedy's, estimated cost $10. The course packet contains daily class outlines and articles for assignments.
Grading
Final grades are determined by grades on the class assignments, cases, presentations, final project and class participation. Letter grades are assigned according to the following scale: A+:98-100%, A:92-97%, A-:90-91%, B+:88-89%, B:82-87%, B-:80-81%, C+:78-79%, C:72-77%, C-:70-71%, D+:68-69%, D:62-67%, D-:60-61%, F:below 60%. The points for each component are given below.
Individual Assignments 160 points
Group presentations 50 points
Tean case discussions 50 points
CPA review quizzes 50 points
Final quiz 50 points
Class participation 40 points
Total 400 points
In accordance with NCSU Academic Regulations regarding Grading, at the discretion of the instructor, an Incomplete grade may be granted in situations where a student has substantially completed most of the course but is unable to complete the remainder because of extenuating circumstances. Students who believe they need to take an incomplete should discuss the situation with the instructor as soon as possible. Incomplete will not NOT be given as a substitute for a "D" or "F" performance.
Class Participation
The course will be conducted in a manner that encourages class participation by the students, consistent with the objectives of the course, the time available and the number of students enrolled in the section. I like class sessions to be interactive and informal. The grade assigned to participation is designed to provide an incentive to keep current in class discussions. It will be determined by evaluating both the quantity and the quality of your participation in the discussion of assignments, case solutions, and questions on presentations, etc. In addition, group members will rate participation of other members on each class assignment and case as a part of those individual grades (and on the final project if needed). Everyone should come to class every day being prepared to participate.
Assignments
All assignments must be typewritten and are due at class time on the assigned date. Late assignments will be severely penalized unless you can show extraordinary circumstances (NOT other assignments, outside employment, job interviews, etc.).
Individual Assignmentsare designed to acquaint you with the topic materials and give you practice with analytical skills and the ability to evaluate options for decision-making and to provide an appropriate conclusion.
There will be individual assignments for (1) roundtable discussion in class and (2) written analysis. The form/style of written assignments will vary from assignment to assignment with specific audience in mind.
Roundtable discussions will be graded based on your attendance, your contribution to the discussion, and your interactions with other class members.
Scores on the written assignments will be 10 points each. All written assignments will be graded based on the following scale:
1. Grammar and Spelling - 20%
2. Clarity and presentation - 40%
3. Content - 40%
Group Presentations are designed to acquaint you with the topic materials and give you practice with research and communication skills. Group presentations will be made during the classes between 9/3 and 10/24.
Each group will be responsible for presenting the information in the assigned article and referencing to a minimum of TWO related articles they found through their research (with appropriate citation). Each group is responsible for producing one group report with all references and the group's Powerpoint file.
Click here to find your group presentation team members.
Each group will be evaluated based on the thoroughness of materials covered, the interest generated in the topic, and the effectiveness of the presentation itself. In addition, each student not presenting will be required to rate the presenting group in terms of presentation effectiveness.
Group Case Discussions have been scheduled for the classes between 9/17 and 10/29. Each group will be responsible for presenting its solutions of the issues in each case. You can disagree with the group's solution without necessary being wrong, as long as your position is thoroughly researched and documented. Regardless, your analysis of case information, and your identification of practical and strategic issues are just as important as the conclusion that you reach. Each team can post additional questions to raise the level of class participation. Click here to find your case team members.
On the assigned date, each group will be responsible for presenting its solutions of the issues in each case. The analysis of case information, and identification of practical and strategic issues are just as important as the conclusion that the group reach.
Rest of the class contribute by answering the assigned case question(s) and interacting with the presenting group. You can disagree with the group’s solution without necessary being wrong, as long as your position is thoroughly researched and documented.
Case grades are based on the relevance of facts considered, the ability to identify all critical issues and locate/evaluate relevant literature, the conclusions and planning ideas recommended, and the style or manner in which the case is written. You can choose a number of different formats for the write-up: just remember to keep it short (approximately 2 pages or so) and to-the-point. All cases must be typewritten and are due at class time on the assigned date. Late cases will be severely penalized unless you can show extraordinary circumstances (NOT other assignments, outside employment, job interviews, etc.).
CPA Review
Study the appropriate cost modules (No. 34, 35, 36 and 37) in Volume I of Wiley. In order to help yourself prepare for the cost portion of the CPA exam it is most important that you work and understand as many multiple choice questions as possible. At a minimum, you should work every multiple choice question in Volume II of Wiley. There will be cumulative daily quizzes and a final quiz on 6/25.
Academic Integrity
The faculty of the Department of Accounting believe that honesty and integrity are fundamental to the public trust of business. It must therefore be an integral part of accounting education. The accounting faculty declares that all forms of cheating indicate serious deficiency in a student's professional potential. Therefore, the stated intent of the accounting faculty is to condemn any and all instances of student behavior which suggest dishonesty in the academic process.
The University policy on academic integrity can be found in the Code of Student Conduct I expect students to complete assignments on an individual basis when the assignment has been designated as such. In addition, plagiarism (quoting authority as your own without referencing a citation or source) will not be tolerated in the preparation of assignments.
Students with Disabilities
It is the intention of the instructors for this course and the Department of Accounting to comply with the NC State policies relating to Disability Services for Students. Students with disabilities are invited to schedule an appointment with the instructor to discuss academic accommodations.
Contact Information
Questions, comments and suggestions are welcome and may be sent to Dr. Al Chen, Department of Accounting, Box 8113, North Carolina State University, Raleigh, NC 27695-8113.