Managerial Accounting

Course Syllabus:  

ACCT 102 – MANAGERIAL ACCOUNTING
INSTRUCTOR: THICH VAN PHUNG,
TICKET # 51299-T/Th– 6-10:15 p.m. A209
BUSINESS ADMINISTRATION DEPT
OFFICE HOURS: 15’ Before or After class by appointment
Web registration: http://connect.mheducation.com/class/t-phung-acct-102-summer-2018-tuesday-and-thursday or CANVAS https://rsccd.instructure.com
Summer 2018– SANTA ANA COLLEGE
E-MAIL ADDRESS: Phung_thich@sac.edu
vantphung@sbcglobal.net
ACCT-102-51299 (51299) Managerial Accounting
TEXT TO: 714-290-2930
MISSION STATEMENT
Santa Ana College: “Santa Ana College inspires, transforms and empower a diverse community of learners.”
Business Administration and Accounting Department: The mission of the Business Division is to prepare students to succeed in their education and professional career pathways.
1. INSTRUCTIONAL RESOURCES: Textbook INTRODUCTION TO MANAGERIAL ACCOUNTING , 7th Edition, Brewer/ Garrison/ Noreen McGraw-Hill Irwin Publishing. Connect On-line Learning System. Students have free access to Connect for 2 weeks. At that time, they will be prompted to enter their registration code. . Power point slides makes good starter lecture notes if printed out before class.
Connect student registration information Instructor: Thich Phung Section Acct 102 - Ticket # 51299
Online registration instructions
Go to SAC.EDU and click on CANVAS, sign in with your user id. Click Acct102-51299 – First time you open the assignment will take you to connect.mcgrawhill for register.
or using the following web address and click the "register now" button.
http://connect.mheducation.com/class/t-phung-acct-102-summer-2018-tuesday-and-thursday
This is the unique address for Acct 102 - Ticket # 51299 For help registering: http://bit.ly/StudentRegistration
If you register directly with CONNECT make sure you use the same email address that you use in canvas
.
2. COURSE DESCRIPTION: An introductory course in managerial accounting for accounting majors and business administration transfer students. It includes study of cost accounting, financial analysis, and the managerial uses of accounting information. Cost Accounting, Standard cost, budgets, activities-based costing, capital budgeting are covered.
3. QUIZZES and TESTS: There will be 11 quizzes worth 30 points each. There are no make-up quizzes. There will be 3 exams worth 900 points . Students can use One 3 X 5 note card w/ one side allowed for quizzes, and one 3X5 note card w/ two sides allowed for the exams and final exams. Make-up exams are allowed only under extreme circumstances. The quizzes and exams are in class using CBT.
4. INDIVIDUAL AND GROUP ASSIGNMENTS:
a) Homework must be done using the Connect On-Line system. Each student should make a reasonable attempt to complete assignments before class, and be prepared to discuss solutions during class.
b) The instructor will assign various written and oral communication projects, which may require advanced preparation by groups outside of class, or efficient and effective teamwork during class. Good teamwork, analytical, and communication skills are important. Points received will be based on outcomes achieved.
c) All case reports done outside of class must be typed. Merely restating facts or project requirements, or
providing unsupported “yes/no” answers will not yield points. Include all participants names on Paper – Typed
and in Alphabetical Order. Present a copy of paper to Instructor before Presentation. All presentations require
PowerPoint Slides. Don’t ask tutor to help with cases. Help each other! See instructor with questions.
1. Grading Scale:
Grade A- 90%-100%, B-80%-89.5%, C 70%-79.5%, D 60%-69.5% F below 60%
Extra Credit: 5 points each for Learn Smart module (60 points total) and pop quiz in class (up to 20
points total)
Extra Credit for DLA will be announce when available
6. ATTENDANCE AND CLASSROOM PROCEDURES: A student can be dropped for nonattendance. W
grades can only be issued to students dropping before completion of 75% of the course. After that date, a
letter grade must be issued. Students are responsible for processing add/drop forms with Admission office
before deadlines. Students are responsible for complying with the “Standards of conduct for Computer
Classrooms and Computer labs”, and all other college policies. Also students should exercise common
courtesy, e.g. Turn cell phones off when in class. Laptops, cell phones, Personal Data Analyzers, and other
data storage devices may not be used on quizzes & exams
7. ACCCOMODATIONS FOR DISABILITIES: Students with verifiable disabilities who want to request
academic accommodations are responsible for notifying their instructor and Disabled Students Programs
and Service (DSPS) by phone (714) 564-6260 or (714) 564-6384 (TDD for students that are deaf) or stop by
the DSPS Center in U-103.
8. ACADEMIC HONESTY POLICY
In cases where a violation of academic honesty is discovered, the Instructor may chose to file an “Academic
Misconduct Incident Report” form and distribute the form to the appropriate offices. There are two categories
of sanctions: Limited and College-wide. Limited sanctions include an academic action such as assigning a
lower grade or a grade of “F” for the assignment. College-wide sanctions include any sanction that will affect
a student’s standing with the college-at-large, up to and including suspension or expulsion from the College.
In matters relating to academic honesty, the primary responsibility for disciplinary proceedings rests with the
instructor and the academic division where the violation allegedly occurred. The Dean of Students Affairs
will assist in all College-wide sanctions
9. TOOLS FOR LEARNING AND CLASSROOM PROCEDURE
a.) It is helpful to print power point slides before class as starter lecture notes.
b.) Notepaper, calculator, No. 2 pencil, and access to textbook and H/W needed for each class meeting.
c.) Completion of required homework problems and exercises are due prior to each chapter quiz.
d.) Individual and group reports and analyses, which are prepared outside of class, must be typed.
Classroom presentations require clearly readable PowerPoint slides.
Group Activities & Presentations & Ethics 100
Homework - Interactives (5 per chapter x 11) 55
Homework (25 per chapter x 11) 275
Chapter Quizzes (30 per chapter/ 11 of 11) 330
3 Exams (300 points each) 900
TOTAL 1,660
ACCT 102:
LAST DAY TO DROP7/5/2018
DATE IN CLASS ACTIVITIES BLACKBOARD OR CONNECT ASSIGNMENTS
TUE
6/19
COURSE INTRODUCTION
Prologue , Chpt 1, and writing assignment
MANAGERIAL ACCOUNTING and COST
CONCEPTS, MANAGERIAL SKILLS SETS and
ENTERPRISE SYSTEMS
Chapter 1
EX 1-4, 1-5, 1-6, 1-8, 1-9, 1-10
STUDENTS SHOULD BE READING AHEAD
6/21
Chpt 2 JOB ORDER COST
Establish Teams/ Discuss Projects
Chapter 2
2-1, 2-2, 2-3, 2-4, 2-6, 2-7
6/26
Quiz – Chapter 1 and 2 due
Chpt 3 ACTIVITY BASED COSTINGChapter
3
3-2, 3-3, 3-4, 3-5, 3-10
6/28 Quiz chapter 3 due
Chpt 4 PROCESS COSTING
Chapter 4
4-1, 4-2, 4-3, 4-4, 4-5
7/3 Quiz – Chapter 4 due
Exam 1 – Chapter 1-4
Review Exam
7/5
Chpt 5. COST-VOLUME-PROFIT RELATIONSHIP
Chapter 5
5-4, 5-5, 5-6, 5-7, 5-8, 5-10
7/10
Quiz chapter 5 due
Chpt 6 VARIABLE COSTING AND SEGMENT
REPORTING: TOOLS FOR MANAGEMENT
Group Work on Cases
. Chapter 6
6-1, 6-3, 6-4, 6-6, 6-11, 6-13
7/12 Quiz – Chapter 6 due
Chpt 7 MASTER BUDGETING
Chapter 7
7-1, 7-2, 7-3, 7-4, 7-5, 7-7
7/17
Quiz chapter 7 due
Chpt 8. FLEXIBLE BUDGETS, STANDARD COSTS,
AND VARIABLE ANALYSIS
Chapter 8
8-1, 8-2, 8-4, 8-5, 8-6
7/19 Group Ethics Cases and Analytical Cases for
Chapters 5 – 8 and Exam Review
Quiz – Chapter 8 due
SEE INSTRUCTIONS IN THIS SYLLABUS
7/24
Exam 2
Review Exam 2
7/26
Chpt 9. PERFORMANCE MEASUREMENT IN
DECETRALIZED ORGANIZATIONS
Chapter 9
9-1, 9-2, 9-3, 9-5, 9-13
7/31
Quiz chapter 9 due
Chpt 10.
DIFFERIENTAL ANALYSIS: THE KEY TO
DECISION MAKING
Chapter 10
10-2, 10-3, 10-4, 10-5, 10-7
8/2
Quiz –chapter 10 due
Chpt 11.
Including Appendix 11-A CAPITAL BUDGETING
(Discounted Cash Flow and Time Value of Money)
Chapter 11
11-1, 11-2, 11-3, 11-4, 11-6
8/7
FINAL Due Date
for “Management Skills and Enterprise
Systems Paper” presentation
Quiz – Chapt 11 and Time Value of Money
Group Ethics Cases and Analytical cases for
Chapters 7– 11 and
Final Exam Review
8/9 FINAL EXAM – 300 POINTS
ACCT 102 – MANAGERIAL ACCOUNTING - STUDENT LEARNING OUTCOMES:
1. Students will be able to calculate the estimated cost of a product or a service.
2. Students will be able to calculate contribution margin and be able to estimate total production
costs based upon cost behavior.
3. Students will prepare budgets that are used to plan and control an organization.
Method of assessment: Questions / problems in exams
ACCOUNTING 102 GUIDELINES FOR GROUP PROJECTS
ETHICS AND ANALYTICAL CASES
1.) Six groups will be established; Share Contact Information and Agree on Meeting Times
2.) Establish Group Responsibilities and Adhere to them; based on college policies
3.) Everyone is responsible for participation and all group members will receive the same project grades
4.) Type names of all project participants on reports in alpha order; last name, first
5.) Inform instructor of any significant problems immediately
Following are the Case assignments by group. Cases for Chapters 1-6 are due before midterm exam and those for 7-11
are due before the final exam. Ethics Case Report SB 1 -3 pages . Analytical Case Reports SB 3 – 5 pages.
Group # Ethics Cases Analytical Cases
1 Ch 1 p64 Ch 7 p343-344
2 Ch 2 p117 Ch 6 p288-289
3 Cjh 3 p156 Ch 5 p 240
4 Ch 4 p188 ETHIC Ch 4 p 188 ANALYTICAL
5 Ch 6 p288 Ch 3 p 158
6 Ch 7 P343 Ch1 p 65
Accounting 102 Guidel ines for Group Project s
Assignment Objectives: Sharpen and demonstrate your business skills in the following area:
1.) Management and Managerial Accounting
2.) Effective Team building and Teamwork skills.
3.) Effective Project Planning and Completion skills.
4.) Effective Presentation and Communication skills.
Report Requirements:
Groups Responsibility: (1.) Present Case Solution (2.) Identify Internal control issues (3.) Provide prospective
internal control solutions (4.) Propose needed systems enhancements, (5.) Review/ Teach concepts from the
reading material that pertains to your case.
Solution Approach: To do this group must (1.) Read chapter(s) related to case and understand concepts, (2.)
Read/analyze case carefully (3.) Understand the concepts of Internal Controls and ERP (4.) Think beyond the
basics learned in Acct 101, (5.) Don’t limit your systems analysis to marketing hype; apply it to the issues in
your specific case
ERP & Management Skills Issues: Given the insights developed based on your study of ERP and Management Skills.
Consider how the use of effective systems like Microsoft Dynamics Software could be used to help resolve or mitigate
issues or improve controls for your ethics or analytical case. As appropriate include the following in your Group
report.
1.) Planning and integration issues relevant to your case and the concepts in your chapter.
2.) The general steps necessary for implementation of the solutions or enhancements needed.
4.) Other useful information you wish to share.
Planning and Communication Advice: (1.) Communicate and Plan effectively before starting the work, (2.)
Adhere to effective team building and team maintenance skills. (3.) Finish the work early enough to review
and a fine tune the report. (4.) Don't make your audience work too hard to see, hear, or understand your
presentation, (5.) Don’t bore your audience.
The Power of Study Groups
Two Heads Are Better Than One
By College Board Publishing
Have you ever noticed that when you explain something you've learned in class to a friend,
you begin to understand it better yourself? This happens because when you explain, or teach,
an idea, you need to actively think it through. And by thinking more deeply about what you've
learned and then explaining it to someone else, you begin to understand it better.
Studying with others in a small group is helpful to everyone because, as in the example
above, you *Think out loud **Share ideas ***Learn from one another.
As the old saying goes, "Two heads are better than one." While studying alone may work well
for things such as memorizing facts, sometimes you'll need to understand complicated ideas.
And rather than memorize facts, you'll be required to apply facts to solving problems.
Effective study groups involve hashing out lesson materials together—explaining concepts,
arguing about them, figuring out why one person's answer differs from another's—and in the
process, you learn more than you ever would have studying by yourself.
The Benefits of Study Groups
Group study offers other advantages, in addition to gaining a deeper understanding of class
material. These include the following:
▪ Note-taking reinforcement:
Took horrible notes in Accounting last week? No worries! A
member of your study group can share his.
▪ Sharing talents:
Each person brings different strengths to a study group, such
as organizational skills, the ability to stick to a task, a talent
for memorization, and so on.
▪ Covering more ground:
Three study group members may be able to solve an
Accounting problem that none would have solved alone.
▪ Support system:
Members of a study group often have common goals, such as
good grades. The work each person in a group does affects the
other members, which results in making the group members
supportive of one another.
▪ Socializing:
It's more fun to study with others. And because it's more fun,
you spend more time studying!
By supplementing your individual study with a study group, you can reinforce what
you've learned, deepen your understanding of complex concepts, and maybe even
make a few new friends. Whoever said learning can't be fun