Andrews
University
Course Syllabus
ACCT610 999 MANAGERIAL ACCOUNTING, SPRING 2015.
Video Recordings
Consultation
Instructor
Email
Office Phone
Office Location
Library Website
:
:
:
:
:
http://www.andrews.edu/library/RefDesk/research.html
Course Description
This course attempts to balance coverage of concepts, methods, and the uses of managerial accounting with a strong
emphasis on management decision-making. The course focuses on concepts and managerial uses of financial
information, rather than simply perfecting the accounting techniques. This course also attempts to highlight the
strategic effects of decisions, ethics, and new management accounting trends, thus, preparing students to face
challenges of today's workplace.
Horngren, C., Sundem, G., Burgstahler, D., Schatzberg, J., (2014), Introduction to Management Accounting 16 th
ed., Pearson.
ISBN-13: 9780133059748
This package consist of the textbook and access to MyAccountingLab. For ISBN and price information, please see
the listing at the Andrews University Bookstore www.andrews.edu/bookstore.
Students could also separately buy MyAccountingLab Access: MyAccountingLab -- Instant Access -- for
Introduction to Management Accounting, 16th Edition through MyAccountingLab website
(http://www.pearsonmylabandmastering.com/northamerica/myaccountinglab/students/get-registered/index.html)
2.
Troy, C and Ruhupatty, L. (2014), Scriptural Foundations for Accounting, Andrews University Press.
Web browser (Internet Explorer, Firefox, or Safari) is required as it serves as a platform for ADOBE
CONNECT.
Managerial Accounting deals with among many, cost-volume-profit analysis, sensitivity analysis, differential
analysis, budgeting, and variance analysis, hence, spreadsheet is a necessary application to ensure speed and
accuracy of the process. Understanding of spreadsheet operation and the aforementioned managerial accounting
concept is necessary.
Internet connection: Cable/DSL, T1, or other high-speed for multimedia content; 56k modem (minimum) for
tutorials, homework, and testing.
Memory: 64 MB RAM minimum
Monitor resolution: 1024 x 768
Plug-ins: You need certain plug-ins and players from the MyAccountingLab Browser Check (also found inside your
course)
MyAccountingLab provides supports for students:
Support Hours
Visit our Customer Technical Support website where you can:
A web camera and a head set is necessary to enable students to communicate with the instructor in a two
way video communications. The following is a suggested web camera and head set that fulfills this
requirements: Logitech Webcam: Logitech - QuickCam Communicate MP Webcam at BestBuy
Model: 960-000240 SKU: 8762975 with built-microphone and Headset: Logitech - H760 Wireless
Headset at BestBuy (Recommended) Model: 981-000265 SKU: 1215034
The head set alone may suffice if students would only like to communicate with the instructor in a two way
audio communications.
The quality of built-in computer web camera, microphone, and speakers varies from a computer model to
another, hence, to ensure quality communication, the aforementioned equipment, or its equivalent is necessary.
At least one computer system, either a desktop or laptop, is required for the course. Switching from one
computer application to another is necessary with only one computer system as students may need to switch
from watching video tutorials onto spreadsheet or other applications as necessary.
Technical Assistance
If students need technical assistance at any time during the course, or to report a problem with Learninghub,
please email dlit@andrews.edu or call 269-471-3960.
Course Structure
Specific Objectives
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
Understand the fundamental concepts necessary to help managers use accounting information to implement
strategies in an ethically responsible manner.
Understand cost behavior, its relationship with volume of production, and use this in in performing
managerial function.
Understand the strategic and operational use of activity-based costing.
Identify information relevant for decision making and use contribution margin technique for pricing
decision.
Able to take operational decisions based on differential cost analyses.
Prepare master budget, flexible budget, and conduct and use variance analysis in performing managerial
function.
Understand responsibility accounting and use it as management control system.
Know how to use tools for management control in decentralized organization.
Understand concepts of capital budgeting and use them in making managerial decisions
Understand cost behavior and cost drivers
Understand the significance of cost allocation for sound decision making.
Understand the accounting for overhead cost and its significance for sound decision making.
Understand cost accumulation methods: job order and process costing.
Students able to demonstrate the ability to use managerial accounting skill to effectively manage
organizational resource.
Students able to demonstrate the ability to solve problem in a critical, analytical, creative, and ethical
manner by:
a. identifying and formulating problem;
b. identify, evaluate, and analyze relevant information for problem solving;
c. propose alternative actions to solve problem;
d. identify appropriate actions that takes into account resource constraints and ethical standards; and
e. Implements the best course of action in an ethical manner.
Descriptions
News Forum
(One-Way Communication)
Weekly meetings to highlight the related material. This meeting will be used for
discussions, and tutorials on solving end of chapter exercises and problems.
Computer tools are part of this inter-disciplinary training and will be strongly
recommended to apply managerial accounting concept in decision making.
ADOBE CONNECT is necessary to view the tutorials while Microsoft Excel
will be used as a tool to ensure speed and accuracy in the application of
managerial accounting concepts.
Students do not need two computers for these sessions, however, computer skills
is necessary to be able to switch from one application to another.
Online consultation
(Two-Way Video and Audio
Communication)
Student Participation
Module
Focus on
Decision
Making
1/29/2015
2/12/4//2015
Week 2 :
2/2-2/7/2015
2/5/2015
2/82/11/2015
2/82/11/2015
Topics
Cost Behavior and CostVolume Relationships
Concepts to Read
Discussion Questions
(DQ) Due in MAL/(CA)
Class Activities
Assignments
Due in MAL
Identifying Resources,
Activities, Costs, and Cost
Drivers
Variable- and Fixed-Cost
Behavior
Cost Behavior: Further
Considerations
Cost-Volume-Profit
Analysis
Additional Uses of CostVolume Analysis
Contribution Margin and
Gross Margin
Appendix 2A: Sales-Mix
Analysis
Appendix 2B: Impact of
Income Taxes
Weekly Online
Meeting/Video
Recordings: Cost Behavior
and Cost-Volume
Relationships
Question 2-14;
2-16; 2-17; 2-43, 2-54, 2-21
2-A2; 2-A3
Focus on
Decision
Making
Measurement of Cost
Behavior
Weekly Online
Meeting/Video
Recordings: Measurement
of Cost Behavior
3-A1; 3-A2
Quiz 1 covers topic from Week 1 and Week 2 and will be available on MAL on Sunday, 2/8/2015 and open until
Wednesday, 2/11/2015, 11.50 PM.
Focus on
Decision
Making
2/12/2015
2/152/18/2015
2/15
2/18/2015
Week 4 :
2/162/21/2015
2/19/2015
2/222/25/2015
Week 5 :
2/232/28/2015
Weekly Online
Meeting/Video
Recordings: Cost
Management Systems and
Activity-Based Costing
Quiz 2 covers topic from Week 3 and will be available on MAL on Sunday, 2/15/2015 and open until Wednesday,
2/19/2015, 11.50 PM.
Focus on
Relevant Information for
Concept of Relevance
Decision
decision Making: Pricing
Pricing Special Orders
Making
Decisions
Basic Principles for Pricing
Decisions
Influences on Pricing in
Practice
Cost-plus Pricing
Target Costing
Weekly Online
(DQ) 5-18; 5-23
Meeting/Video
Recordings: Relevant
(CA) 5-30; 5-A3; 5-56
Information for decision
Making: Pricing
Decisions.
5-A2; 5-A4
Focus on
Decision
Making
Pre-recorded Lecture/
Video Tutorials of
Selected Problems:
Relevant Information for
Decision Making:
Operational Decisions
3/1-3/4/2015
3/1
3/4/2015
Quiz 3 covers topic from Week 4 5 and will be available on MAL on Sunday, 3/1/2015 and open until Wednesday,
3/4/2015, 11.50 PM.
Week 6 :
3/2-3/7/2015
Accounting
for
Planning
and Control
3/5/2015
3/83/11/2015
Week 7 :
3/93/12/2015
3/12/2015
3/15/2015
3/15
3/18/2015
3/15/2015
Pre-recorded Lecture/
Video Tutorials of
Selected Problems:
7-A1
Accounting
for
Planning
and Control
Weekly Online
Meeting/Video
Recordings: Flexible
Budgets and Variance
Analysis
Quiz 4 covers topic for Week 6 & 7 and will be available on MAL on Sunday, 3/15/2015 and open until Wednesday,
3/18/2015, 11.50 PM.
Mid-semester Exam covers topic from Weeks 1 to 7. Students will be informed of time and venue.
Accounting
for
Planning
and Control
3/26/2015
3/29/2015
3/29
4/1/2015
Week 9 :
3/304/4/2015
Management Control
Systems, Responsibility
Accounting, and
Decentralized
Organization
Management Control
Systems
Management Control
Systems and
Organizational Goals
Designing Management
Control Systems
Controllability and
Measurement of Financial
Performance
Measurement of
Nonfinancial Performance
The Balanced Scorecard
Management Control
Systems in Service,
Government, and
Nonprofit Organizations
Future of Management
Control Systems
Centralization Versus
Decentralization
Performance Metrics and
Management Control
Measures of Segment
Performance
Economic Profit or
Economic Value Added
(EVA)
Incentive from Income,
ROI, or Economic Profit?
Transfer Pricing
Keys to Successful
Management Control
Systems
Weekly Online
Meeting/Video
Recordings: Management
Control Systems,
Responsibility
Accounting, and
Decentralized
Organizations
Capital Budgeting
10
4/5/2015
Weekly Online
Meeting/Video
Recordings: Capital
Budgeting
4/12/2015
11-A2; Problem
11-51
Submission of Business Project Assignment 1st Draft To be returned for corrections the latest, 1.5 weeks from submission date
(4/15/2015).
Product
Cost Allocation
General Framework for
Costing
Cost Allocation
Allocation of Service
Department Costs
Allocation of Costs to
Product or Service Cost
Objects
An ABC Approach
Allocation of Costs to
Customer Cost Objects to
Determine Customer
Profitability
Allocation of Central
Corporate Support Costs
Allocation of Joint Costs
and By-Product Costs
Weekly Online
(DQ) 12-5; 12-8; 12-21
Meeting/Video
Recordings: Cost
(CA) 12-51; 12-52; 2-53
Allocation
12-A1; 12-A3
4/12
4/15/2015
Quiz 6 covers topic from Weeks 9 and 10 and will be available on MAL on Sunday, 4/12/2015 and open until Wednesday,
4/15/2015, 11.50 PM.
Week 11 :
4/134/18/2015
Product
Costing
4/5/2015
Week 10 :
4/64/11/2015
4/9/2015
4/16/2015
Weekly Online
Meeting/Video
Recordings: Accounting
for Overhead Cost
4/19/2015
13-A1; 13-A2
4/194/22/2015
4/20/2015
Quiz 7 covers topic from Weeks 13 and 14 will be available on MAL on Sunday, 4/19/2015 and open until Wednesday,
4/22/2015, 11.50 PM.
Submission deadline of Business Project Assignment
4/204/25/2015
4/26/2015
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A
AB+
B
B-
76-79%
70-75%
65-69%
50-64%
0-49%
C+
C
CD
F
10%
Requirements
There are 7 (seven) quizzes for the course. Each quiz covers a portion of the
semesters material, hence, giving students the chance to have a better focus on
the reading materials. Schedule for the quiz is included in the course outline.
How do you prepare for the quizzes?
The quizzes examine students understanding of each learning objectives
outlined at the beginning of every chapter. Hence, students need to read the
textbook, understand the online video instructional materials and models,
postings on discussion board, do the class activities, and practice problem
solving exercises from the textbook before taking these timed-examinations.
How do you take the quiz?
Quizzes are administered in MyAccountingLab. They are time limited; hence,
students should ensure that they are aware of the time allowed for each exam.
Students are not allowed to receive any assistance from another party while
taking the exam, although, textbooks are allowed to be used for the exam.
Assignments
25%
Instructional Guideline
The assignments are similar to end of chapter materials that are designed to help
students apply relevant managerial accounting concepts. They are focused to
help students sharpen decision making skills.
How do you do the chapter assignments?
The assignments are administered in MyAccountingLab. Students are allowed 3
attempts on each question. Late assignments will be penalized with a 15% of the
final assignment score.
Please take note of the academic honesty code outlined in the course
requirement section.
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10%
Business Project
Proposal
Group Work
20%
Mid-semester
and Final
Examination
35%
Learning
Learning is Students Responsibility. The instructor cannot make students learn. Learning takes place within the
realm of students knowledge boundary and, thus, it is the students responsibility to learn and ensure value from
their enrollment in this course. The instructor can only facilitate learning by directing students to new information
and facilitating discussions by talking about the material and not delivering the materials.
It is the students responsibility to review the materials. The planned course coverage and schedules are provided in
this course syllabus. This should be used as a guide to students reading and doing the assigned activities and
assignment before class session. It is expected that students in this course will display learning maturity by taking
responsibility of their own learning.
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Academic Honesty
Cheating/plagiarism will not be tolerated. Please refer to the Andrews University policy on Academic Integrity (see
page 38 of the 2012-13 Bulletin). Dishonest actions includes but not limited to 1) using media from any
source or medium, including the internet with the intent to mislead, deceive or defraud, 2) presenting
anothers work as ones own, 3) using materials during a quiz or examination other than those
specifically allowed by the teacher or program, 4) copying from another student during a regular or takehome test or quiz. Also in the interest of academic honesty, the instructor does not work out private arrangements
for extra credit with students who, toward the end of the semester, fear for their final grade. It is illegal, unethical,
and unfair to other students. Granting extra credits at the end of the semester is considered a process of rewarding
poor performance which is against our effort to promote quality. Instead of requesting extra credit at the end of
semester, students should continuously monitor their performance and take actions as necessary to ensure they are
meeting their objectives.
If you send a personal letter to someone it is private communication between you and the recipient unless the
recipient shares the letter with others
If you put a notice on a bulletin board in the student union, it becomes publicly visible by anyone who visits the
bulletin board
When you chat with a group of friends at the coffee shop, students sitting nearby can hear your conversation
The same concepts translate into the online environment:
E-mail is private communication between the sender and receiver(s) but can easily be made public by the
receiver(s) if they share the message with others
Discussion forums and blogs are public spaces
Chat is public and may involve multiple talkers and listeners as well as eavesdroppers
Professionalism
Students are expected to behave in a professional manner as if students are in a business meeting with client or
company management. Professionalism consists of:
1.
3.
Social skill is a necessity in the workplace. Professionals have been passed for promotions or even
dismissed from work because of inability to work with others. All students are expected to respect
fellow on-line classmates and the instructor by communicating in a professional manner. Use of
respectful language and respect of others ideas are expected. Difference in opinions is expected,
however, expressing disagreement should be done in a courteous manner. The instructor will
communicate privately with the related students to resolve issues in this area as it arise.
Giving extra credit is a process of rewarding poor performance and, thus, no extra credit will be
granted. Instead of requesting extra credit at the end of the semester, students should plan to do well
during the semester and continuously check his/her performance to ensure it goes according to plan.
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