Managerial Accounting
ACC 202 75Z1 Online
Fall 2011
3 hours
E-mail: / (this is the best way to contact me)
Office Phone: / 270-824-8614. I’m very bad about voice mail so don’t hesitate to call a second time!
Home Phone: / 270-825-8893. Leave a message if necessary. Please limit your calls to between 8:00am & 10:00pm central time (I am very old!). I’m happy to get a call from you so feel free to call me!
Office Hours: / MW 1:00-2:15, T1:30-3:30, R by appointment and Friday 10:00-11:00 and almost anytime I’m in my office.Call or email me anytime.
Office: / Room 263, Social Sciences Suite, John Gray Building
Description
An introduction to the use of accounting data within an organization to analyze and solve problems and to make planning and control decisions.
Academic Prerequisites
ACC 201
Course Objectives
Accounting 202 introduces the student to commonly used costing and analysis techniques used by both managers and accountants. Modern techniques are introduced. This is a decision-making course. Where do you get the information needed to make the decision? How do you organize the information? What do you do with the information? Is the accounting answer different from the quality answer? Why do we get eight different answers to the same question?
Upon successful completion of this course, the student can:
1. Describe the basic differences between financial and managerial accounting
2. Explain the aims, functions, uses and influence of accounting in management decision-making.
3. Identify and use key cost terms, concepts and classifications
4. Apply variable, fixed and mixed cost behavior concepts in preparing contribution margin format income statements.
5. Use various performance evaluation methods
6. Analyze financial data for financial statement ratios, cost-volume-profit analysis, incremental analysis techniques and budgeting.
7. Explain the master budget process and be able to prepare the budgeted income statements with its supporting budgets and the cash budget with its supporting schedules
8. Identify capital budgeting techniques and be able to analyze alternative capital project investments.
Text
Fundamental Managerial Accounting Concepts, 6e, Edmonds, McGraw-Hill.
Methods
This course involves a great deal of independent work on the part of the student. The instructor is available for questions by email and through the blog area for any help you might need.
Exams
There will be three exams worth 100 points each. Exams may consist of definitions, problems, and short essays. There are 10 quizzes; one for each chapter. The quizzes will count 90 points towards your final grade so you may miss 1 without affecting your grade. If you complete all 10 you may receive up to 10 points extra credit. Quizzes are located in each chapter folder on Blackboard. All quizzes are open book and open note.
Make-Up/Late Work Policy
If you must miss an exam for any reason, you may take one make-up exam within 1 week of scheduled exam. There is no make-up for a second missed exam or for the final. I will not accept homework or quizzes after the scheduled due date for any reason.
Homework
We will use Excel templates to complete homework. Homework templates may be downloaded from the chapter folders and after completion will be uploaded in the same place. There are 10 homework assignments, one for each chapter. Homework is worth a total of 90 points towards your final grade so you may miss 1 chapter without it affecting your grade. If you complete all 10 you may receive up to 10 points extra credit. I will grade your homework and upload a file with comments and corrections in the grade book. You are expected to do your own work on the homework. Cheating will not be tolerated. You may view the Student Code of Conduct at http://www.kctcs.edu/en/Students/Admissions/Academic_Policies/Code_of_Student_Conduct.aspx
Withdrawal
I will discourage you from dropping if, in my opinion, you are passing the course. November 18th is the last day that I will give my permission to drop.
Incompletes
Incompletes are given only in extreme cases and only to a student who has completed 80% of the total class work.
Attendance
Attendance is demonstrated by turning in homework and taking quizzes and tests on time.
Important Web Sites
1. You can get to Blackboard from the MCC Web site at http://www.madisonville.kctcs.edu/ or you may go directly there at http://elearning.kctcs.edu .
2. The direct link to the textbook website is: http://highered.mcgraw-hill.com/sites/0078110890/student_view0/index.html. There is a link to this site when you click on the book link in Blackboard. We’ll just use the free stuff here. Don’t buy a password or spend any more money!
3. You may view the KCTCS Student Code of Conduct at http://www.kctcs.edu/en/Students/Admissions/Academic_Policies/Code_of_Student_Conduct.aspx.
4. To get to your KCTCS email account go to http://www.madisonville.kctcs.edu/ Click on Current Students then the instruction link below Student Webmail
5. If you are having logon problems or have any technical questions contact KYVU at 1-866-590-9238. Help desk information at http://elearning.kctcs.edu/webapps/portal/frameset.jsp?tab_tab)group_id=_16_1 .
6. Library services: http://elearning.kctcs.edu/webapps/portal/frameset.jsp?tab_tab_group_id=_19_1. Link to Madisonville Community College Library on MCC Homepage. Use the same KCTCS email link above.
Technical Help
If you have difficulty logging in or if you have any further questions, please contact the KCTCS 24/7 Help Desk:
Toll Free 1-866-590-9238
Open 24 hours a day, seven days a week
URL: http://elearning.kctcs.edu/webapps/portal/frameset.jsp?tab_tab group id=_16_1
Library Information
You may use the Kentucky Virtual Library (http://www.kyvl.org/ ) where many books and other resources are available online. The librarians here can also help you find other materials you need and have them delivered to your local library. They will even help you with research - all for free! To access the Library databases, you will need a username and password. Email me if you wish one.
General Education Competencies
Communicate Effectively
--Course objective: The student will read with comprehension, write clearly using standard English, interact cooperatively with others using online means and demonstrate information processing through basic computer skills.
--Instructional objectives: The student will demonstrate reading skills by reading the textbook and various websites in preparing assignments. Writing will be evaluated by examination of student writing assignments, including quizzes, critical thinking exercises and exams. The student will demonstrate effective communication through such activities as threaded discussions, interactions with other students, and homework preparation. The student will demonstrate computer skills by using excel, word and the internet to complete class assignments.
Think Critically
--Course objective: The student will demonstrate problem solving through interpreting, integration of knowledge, analyzing, evaluating and deduction. The student will use mathematics to organize, analyze, and synthesize data to solve homework problems.
--Instructional objectives: The student will demonstrate critical thinking by evaluation of various homework problems. The information gathered will be effectively presented using various computer skills. The student will be able to analyze information provided, draw reasonable conclusions and propose a course of action to solve a problem.
Learn Independently
--Course objective: The student will use appropriate search strategies and resources to find, evaluate, and use information.
--Instructional objectives: The student will demonstrate independent learning by answering “Critical Thinking” questions for each chapter. The student will make ethical choices in avoiding the penalties of plagiarism.
Writing Across the Curriculum:
To satisfy the general education requirements of writing across the curriculum,
"All faculty are expected to call attention to and penalize for errors in English usage and require the rewriting of papers which do not meet acceptable standards." (CCS Rules, Section V, 2.32)
Disability Statement
"Students with documented disabilities that require individualized accommodations should schedule a conference with the Disability Resources Coordinator, Valerie Wolfe, room 139 JHG at their earliest convenience.” (Phone 270-824-1708, or email )
SAFETY—in case you’re on campus
Madisonville Community College is concerned with the safety of the students attending classes at any of the four campuses. The following points are for your benefit as a student.
In case any life threatening event, call 911. The local emergency responders are better equipped to take care of these situations.
To sign up for the Safety Notification Alert Process (SNAP) go to the MCC webpage and click on the SNAP section. After completing this, you will receive notifications on school closings, inclement weather, and other safety notifications.
To report a safety concerns call the MCC Tip Line at 824-1900 to report safety concerns or suspicious behavior. This line is monitored once a day Monday through Friday.
There is a Maintenance #836-5330 for students on the North campus for use after the switchboard closes at 4:30. This is a cell phone that is answered by one of the Maintenance & Operations personnel.
GradingEvent / Points / My Scores
Introductory Letter / 5
Course Policy Acknowledgement / 10
Homework / 90
Chapter Quizzes / 90
Critical Thinking Questions / 30
Exam 1 / 100
Exam 2 / 100
Exam 3 / 100
Total Points / 525
Letter Grades / Points Required
A / 472-525
B / 420-471
C / 367-419
D / 315-366
E / < 315
Accounting 202
Assignment Schedule
Fall 2011
Date
Week 1
15 / · Located in “Click Here First”
o Introduce yourself to the class
on Discussion Board
o Complete Syllabus Quiz
o Upload a file / 8/24
Chapter 1
20 / · Complete Homework 1
· Complete Quiz 1 / 8/31
Chapter 2
20 / · Complete Homework Chapter 2
· Complete Quiz 2 / 9/7
Chapter 3
20 / · Complete Homework Chapter 3; E 3-2A, E3-8A,
E3-12A, E3-13A, E 3-15A, P 3-17A
· Complete Quiz 3
· Review for Exam 1 / 9/14
100 / Exam 1 Chapters 1-3
Open 9/16—9/19 / 9/19
Chapter 4
35 / · Complete Chapter 4 Homework: EX 4-2A, EX 4-3A,
EX 4-12A, EX 4-13A
· Compete Quiz 4
· Critical Thinking Problem:
o ACT, worth 15 points, due 10/6 / 9/28
Spring Break: 3/7—3/11
If your fall break is during a different week then work ahead during this week.
I will be online intermittently during this week
Chapter 5
20 / · Complete Chapter 5 Homework: EX 5-2A, EX 5-3A, EX 5-7A, EX 5-13A, EX 5-15A
· Complete Quiz 5 / 10/5
Fall Break: 10/10—10/14
If your fall break is during a different week then work ahead during this week.
I will be online intermittently during this week
Chapter 6
20 / · Complete Chapter 6 Homework: EX 6-2A, EX 6-5A, EX 6-5A, EX 6-6A, EX 6-8A, EX 6-9A
· Complete Quiz 6
· Review for Exam 2 / 10/19
100 / Exam 2 Chapters 4-6
10/21—10/24 / 10/24
Chapter 7
20 / · Complete Chapter 7 Homework: EX 7-2A, EX 7-3A,
· EX 7-4A, EX 7-5A, EX 7-7A
· Complete Quiz 7 / 11/2
Chapter 8
35 / · Complete Chapter 8 Homework: EX 8-1A, EX8-2A, EX8-3A, EX8-10A, EX 8-11A
· Complete Quiz 8
· Ethics question / 11/9
Chapter 9
20 / · Complete Chapter 9 Homework: EX 9-4A, EX 9-5A, EX 9-8A, EX 9-14A, EX 9-16A
· Complete Quiz 9 / 11/16
Chapter 10
20 / · Complete Chapter 10 Homework: EX 10-1A, EX 10-2A, EX 10-3A, EX 10-4A, EX 10-5A
· Complete Quiz 10
· Review for Exam 3 / 11/23
Exam 3 Chapters 7-10
12/2—12/5
Please note all dates are subject to change.
I will do my best not to change test dates. All Blackboard chapter quizzes are due on the day of the exam for that chapter. No late quizzes accepted for any reason.
A note about extra credit. You have an opportunity to earn up to 20 extra credit points that will be added to the total points earned this semester:
· Earn up to 10 points when you complete the 10th homework assignment
· Earn up to 10 points when you complete the 10th chapter quiz.