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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