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Syllabi
Managerial Accounting
General Information:
Instructor: Dr. Cathy Miller
Office: TBD
Office Phone: TBD
Email: catmillr@flint.umich.edu
Office Hours: TBD
Text: California Car Company, by Adams and Pryor, Copyright 2000
South-Western College Publishing
Readings located on the intranet system
Prerequisites:
English; Algebra; Word Processing (e.g. Microsoft Word) and spreadsheet
(e.g. Microsoft Excel) skills; Financial Accounting and/or Managerial
Accounting course preferred, but not necessary.
Purpose of Course
The emphasis in business today is upon a " new
management style", with much greater participation by employees in
decision making and in controlling costs and
producing goods and services with exceptional quality and service. To
accomplish many of the new objectives of management, there has been a
greater reliance on
cost accounting and information systems. This course places more emphasis
on the new way of managing and should help you:
1. begin to "think through" decision making
of all types.
2. become aware of the role of managerial accounting
in organizations.
3. learn to identify relevant factors in decision
making.
4. learn the newest techniques in management, including
quality control management, activity based accounting, and just-in-time
inventory.
These are just a few of the important ways this course
and text can help you understand the role of accounting in management
and how management uses accounting.
Grading Standards
Preliminary work and exam
Exam 1
Exam 2
Project
Total
|
Point Assignment
100
100
100
200
500 |
Grade Assignment
A = 450 - 500 points
B = 400 - 449 points
C = 350 - 399 points
D = 300 - 349 points
F = below 300 points |
Plus and minus grade levels will also be assigned
Exams
Each student is expected to take each exam as scheduled. Absences from
exams will be excused only with instructor approval before the exam. Exams
are written
exams and may consist of multiple choice questions, short problems and/or
essay questions.
Each student completes his or her own exam. No help
from other students or study materials is allowed.
Preliminary work and exam
The preliminary work consists of reading the material provided on the
intranet, completing the exercises and problems provided on the intranet,
and completing a
written exam (covering this prelim material) provided by IABB faculty.
Students may work together on the exercises and problems; however, the
exam should be
completed by each student without the assistance of other students or
study materials.
The exercises and problems should be completed by
November 19, 1999 and retained until I arrive. Part of your preliminary
grade is based on completion of these
exercises and problems. This work may be done individually or in groups
of 2-3 students. Be sure to identify all of the names of the students
who participate in a
group.
The exam should be completed by November 23, 1999.
The exam should be completed on the intranet and sent to me via email.
I will grade the exam and have the
results for you when I arrive.
Course lectures and practice - November 29 - December
10
The material covered during this time is outlined in the Course Schedule.
The morning hours of class consist of lecture of the assigned material.
The afternoon hours
of class consist of practice of the assigned material. Practice includes
completing exercises and problems and completing the appropriate case
assignments in the
California Car Company text.
The student is expected to have read the assigned material and attempted
to solve the exercises/problems before coming to class. Active participation
by students is
expected in the solving the exercises, problems, and case assignments.
Verbal participation by students is expected in discussions of the material,
exercises,
problems and case assignments.
Attendance
Attendance during the two-week course lecture and practice session is
mandatory.
Project
The project requires application of managerial accounting concepts. The
details of the project will be given at the end of the course lecture
and practice session. It
will involve a written report to be sent to me via email. The project
is due no later than December 23, 1999. The project may be completed individually
or in groups
of 2-3 students. Be sure to identify all of the names of the students
who participate in a group.
Successful completion of the course
To receive credit for successful completion of this course, the student
must successfully complete all of the following:
* Complete the exercises and problems from the preliminary work.
* Pass the preliminary exam.
* Participate in completing exercises, problems and case assignments during
the practice class sessions.
* Pass the 2 exams given during the course lecture and practice session.
* Successfully complete the project.
Course Schedule
| |
Date |
Managerial Accounting Topic |
| Preliminary work |
Nov 19
Nov 23
|
Basic managerial terminology, cost
classifications, cost behavior, cost volume profit analysis.
Prelim Exam |
| Lecture and Practice |
Nov 29 |
Review prior work
Variable versus absorption costing, special orders and other decisions |
| |
Nov 30 |
Job order and process costing |
| |
Dec 1 |
Standards & Variances |
| |
Dec 2 |
Capital investment |
| |
Dec 3 |
Review/recap traditional cost accounting topics
Exam on traditional cost accounting topics |
| |
Dec 6 |
Activity Based Costing |
| |
Dec 7 |
Just-in-Time accounting |
| |
Dec 8 |
Performance measures, Quality |
| |
Dec 9 |
Balanced scorecard |
| |
Dec 10 |
Review/recap recent cost accounting topics
Exam on recent cost accounting topics |
| Project |
Dec 23 |
Managerial accounting project |
See also list of students
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