SYLLABUS

 

1.    Wayland Baptist University, San Antonio Campus, School of Business

 

2.    Mission Statement:  Wayland Baptist University exists to educate students in an academically challenging,

learning-focused and distinctively Christian environment for professional success, lifelong learning, and service to God and humankind.

     

3.    Course:  Name – ACCT 3308 – SA01, Managerial Accounting      

                         

4.    Term:  Fall 2009 - August 17 – October 31, 2009

 

5.    Instructor:  Dorothy Morris

 

6.    Office Phone and email: (210) 287-9476   dbmorris45@yahoo.com

 

7.    Office Hours, Building, and Location:  Upon request

 

8.    Class Meeting Time and Location:  6:00 pm – 10:10 pm – Lackland Air Force Base Bldg 5725 Ed. Center/238

 

            9.    Catalog Description:  An overview of managerial accounting including, but not limited to, activity-based             costing, costs for decision-making, budgeting, controlling, product costing, inventory management tools, quality             costs, and cost-volume-profit analysis. Credit will not be awarded toward degree for both ACCT 2306 and ACCT             3308.

 

10.  Prerequisites:  ACCT 3307

 

11.  Required Textbook and Resources:

 

BOOK

AUTHOR

ED

YEAR

PUBLISHER

ISBN#

REVIEW

Financial and Managerial Accounting

Warren/Reeve

10th

2009

Cengage Learning

0-324-80486-5

Spring 10

                        CHAPTERS: 11-12, 14 –19, 21, 24

 

12.  Optional Materials: Calculator needed for every class session.

 

13.  Course Outcome Competencies:  Describe the differences between managerial and financial accounting.

  • Evaluate the organizational role of management accountants.
  • Define and illustrate materials, factory labor, and factory overhead costs.
  • Describe accounting systems used by manufacturing businesses.
  • Describe and prepare summary journal entries for a job order cost accounting system.
  • Distinguish between job order costing and process costing systems.
  • Explain and illustrate the physical flows and cost flows for a process manufacturer.
  • Calculate and interpret the accounting for completed and partially completed units under the FIFO method.
  • Prepare a cost of production report.
  • Prepare journal entries for transactions of a process manufacturer.
  • Use cost of production reports for decision making.
  • Contrast just-in-time processing with conventional manufacturing practices.
  • Classify costs by their behavior as variable costs, fixed costs, or mixed costs.
  • Compute the contribution margin, the contribution margin ratio, and the unit contribution to achieve a target profit.
  • Using the unit contribution margin, determine the break-even point and the volume necessary to achieve a target profit.
  • Using a cost-volume-profit chart and a profit-volume chart, determine the break-even point and the volume necessary to achieve a target profit.

 

14.  Attendance Requirements:  Regular and punctual attendance at all classes is required.  (Attending means being present for entire class period.)  A student absent for any reason is responsible for all work missed.  (Please contact a classmate or the instructor to inquire about material covered during a missed class session.)  Student absences are recorded from official date of enrollment.  “Any student who misses 25 percent or more of the regularly scheduled class meetings will receive a grade of F in the course.”  (Catalog – p77).  Regular and punctual attendance will positively impact your final grade.  Attendance will count toward your final grade.

 

15.  Disability Statement: “In compliance with the Americans with Disabilities Act of 1990 (ADA), it is the policy of Wayland Baptist University that no otherwise qualified person with a disability be excluded from participation in, be denied the benefits of, or be subject to discrimination under any educational program or activity in the university. The Coordinator of Counseling Services serves as the coordinator of students with a disability and should be contacted concerning accommodation requests at (806) 291- 3765. Documentation of a disability must accompany any request for accommodations.”

 

16:  Course Requirements and Grading Criteria:

Reading Assignments:  A tentative schedule including reading assignments is listed in this syllabus.  Assigned chapters are to be read prior to the class meeting.

 

Written Assignments:  Students are required to do the homework assignments listed on the syllabus prior to class meeting.  Homework will be reviewed at the beginning of each class.  Class format will consist of lecture, discussion of homework and group work.  Written assignments are designed to enhance the learning process.

 

Examinations:  Two examinations will be given during the term.  The tentative dates are listed in this syllabus.  A comprehensive final will be given during the last week of the term.

 

Statements:

“This class will adhere to zero tolerance for using someone else’s work as your own.”

 

“It is university policy that no otherwise qualified disabled person be excused from participation in, be denied the benefits of, or be subject to discrimination under any educational program or activity in the University.  Students should inform the instructor of existing disabilities at the first class meeting.”

 

“Students are responsible for reading, understanding, obeying, and respecting all academic policies, with added emphasis being placed upon academic progress policies, appearing in the Wayland Baptist University Academic Catalog applicable to their curriculum and/or program of study.”

 

Course Evaluation:        

Computation of Final Grade:                   Tests (2)                                   60%

                                                            Final                                         20%

                                                            Attendance and Participation      15%

Homework                                  5%

                                                                                                             100%

 

Grading Standards (as listed in the WBU catalog):

                                                            A         90-100%

                                                            B          80-89%

                                                            C          70-79%

                                                            D         60-69%

                                                            F          Below 60%

 

Other Symbols used for Grading include:

I             Incomplete                  May be given to a student who is passing, but has not completed examinations and/or other required work for reasons beyond the student’s control.

W           Withdrawal                 Course dropped or withdrawal from the University.

WP         Withdrawal Passing    Course dropped or withdrawal from the University after deadline to withdraw with a W and prior to deadline to withdrawal with a WP or WF.

WF          Withdraw Failing        Course dropped or withdrawal from the University after deadline to withdraw with a W and prior to deadline to withdraw with a WP or WF.

 

Note:  Grades will not be posted at the end of the semester.  If you desire to receive notification of your final grade directly from me at the end of the term, you must provide a self-addressed, stamped envelope.  Grades will not be provided over the phone.       

 

 

17.  Tentative Schedule: (Calendar, Topics, Assignments) CHAPTERS: 11-12, 14 –19, 21, 24

 

 

TENTATIVE SCHEDULE

 

Week                                       Class Content andTopic                                                            

 

1                                              Introduction – Syllabus / Student Information Forms

                                                Introduction to Managerial Accounting Concepts & Terminology

 

2                                              Chapter 11 – Corporations

                                                                                               

3                                              Chapter 12 – Long-Term Liabilities: Bonds and Notes

 

4                                              Chapter 14 – Statement of Cash Flow

 

5                                              Chapter 15 – Financial Statement Analysis

 

6                                              Exam I – Chapters 11, 12 & 14

Chapter 16 – Managerial Accounting Concepts and Principles

 

7                                              Chapter 17 – Job Order Cost Systems

Chapter 18 –Process Cost Systems

 

8                                              Exam II – Chapters 15 & 16

                                                Chapter 19 – Cost Behavior and Cost Volume Profit Analysis

                                               

9                                              Chapter 21 - Budgeting

Chapter 24 – Differential Analysis & Product Pricing

 

10                                             Complete discussion 8 Homework

Review for Final

11                                             COMPREHENSIVE FINAL EXAM

 

 

 

 

 

 

 

 

 

 

Assignments

 

 

Chapter 11                    E11-1, 2, 3, 6, 8, 9, 11, 15

 

Chapter 12                    E12-5, 7, Prob. 12-2A

 

Chapter 14                    P 14-1A, 2A; E14-2, 3, 4

 

Chapter 15                    E 15-6, 8, 9, 11, 21, 22, 23 & P 15-4A

 

Chapter 16                    E16-1, 2, 3, 4, 5

 

Chapter 17                    E17-4, 5, 6; P17-2A

 

Chapter 18                    P18-1A

 

Chapter 19                    PE19-2A, 3A, 4A; E19-1, 3, 5, 9, 10, 11; P19-1A

 

TBA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18.    Additional information as desired by the faculty member.

 

                        STUDENT INFORMATION SHEET

 

1.       Full Name (circle the name you prefer to be called):

 

 

 

 

2.       Phone number or e-mail (This is strictly confidential.):

 

 

 

 

3.       Accounting education till now (include when the courses were taken):

 

 

 

 

4.       Short summary of work/life experience:

 

 

 

 

 

 

 

 

 

5.       What are your expectations of this course (other than a good grade):

 

 

 

 

 

 

6.    Why is Accounting part of your degree plan?