ACCT 206: INTRODUCTION TO MANAGERIAL ACCOUNTING

Spring 2014 Mondays 6:00pm – 9:00pm

Instructor: Mike Aiello, CPA MST Telephone: 602-1857 (c) E-mail: michaelaiello@boisestate.edu

Required Course Text:

INTRODUCTION TO MANAGERIAL ACCOUNTING, 6TH EDITION, by Brewer, Garrison & Noreen.

COBE Core Objectives Understand and apply analytical and disciplinary concepts and methods related to business and economics including accounting, economics, finance, information technology, legal environment of business, management, mathematics and statistics. Learning Objectives: At the completion of this course, students will be able to:

Understand basic managerial and cost accounting concepts such as cost-volume-profit, budgeting, product costing and cost behaviors.

Explain and utilize cost behaviors and cost systems in a decision-making context. Prepare, use and evaluate budgetary data. Generate and use cost information when making pricing and resource allocation

decisions. Explain cost allocation and its importance in decision-making. Evaluate capital expenditure decisions using discounted cash flow. Recognize ethical dilemmas as they occur in managerial accounting.

Outcome Assessment: Evaluation of the student’s understanding of managerial accounting will primarily involve homework, examinations, and classroom participation. Examinations will be used to evaluate written communication skills and discussion of homework/class participation will be used to evaluate oral communication skills. Reminder of Policy on Academic Honesty: You are encouraged to become familiar with the University’s Policy of academic dishonesty found in the Student Code of Conduct. The content of the Code applies to this course. If you are in doubt regarding the requirements, please consult with me before you complete any requirements of the course. In accordance with Boise

State University policy, any instance of dishonesty in the class may result in a failing grade for the course. Grading: Exam #1 100 pts Exam #2 100 pts Final Exam 150 pts Homework 100 pts Class Participation & Responsibility 50 pts Total 600 pts Note: Boise State has now implemented a plus/minus grading system. The following chart translates the overall % grade into a letter grade and quality points. The instructor reserves the right to make adjustments as to what percentage qualifies for each letter grade.

Percentage

Letter Grade

Quality Points Per Credit Hour (GPA)

97 and above A+ 4.0 93-96 A 4.0 90-92 A- 3.7 87-89 B+ 3.3 83-86 B 3.0 80-82 B- 2.7 77-79 C+ 2.3 73-76 C 2.0 70-72 C- 1.7 67-69 D+ 1.3 63-66 D 1.0 60-62 D- 0.7 59 and below F 0.0 Exams: We will have two “midterm” exams given during the semester and a comprehensive final exam given during finals week. Exams will be a mixture of

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problems, short answer, and multiple choice questions. Exams will be given on the scheduled dates (see tentative schedule that follows). YOU MUST TAKE THE EXAMS ON THE DATES SCHEDULED. Make-ups are generally only allowed if you must be out of town on school business (e.g., sports) or in the event of a serious emergency. If you miss an exam without making prior arrangements to take a make-up, your grade on the exam will be zero. More information regarding exams will be forthcoming. Homework: Homework will be collected at the end of the period in which the cases, exercises, or problems are covered in class. For each assigned case, exercise, or problem not submitted, one point will be deducted from the student’s score. Homework submitted late will result in a one-half point deduction. For each ten items turned in late, or not at all, the student’s grade will be reduced by one letter grade. It is YOUR responsibility to complete all assigned homework prior to the beginning of class. Students not completing homework in a timely manner should not expect to do well on examinations. The tentative schedule of topics to be covered and specific homework assignments are listed on the pages that follow. The assignment on the list below is due the following class i.e. the assignment on Aug. 26 – Chapter 1 Assignment is due on Sept. 9.

TENTATIVE SCHEDULE

Date

Topic

Chapter

Assignment (See details of each Assignment

following this chart) Monday, Jan. 27 Introduction

Managerial Accounting

Prologue 1

Chapter 1 Assignment

Monday, Feb. 3 Job Order

Costing 2 Chapter 2 Assignment

Monday, Feb. 10 ABC Costing 3 Chapter 3 Assignment Monday, Feb. 17 President’s Day No Class

Monday, Feb. 24 Process Costing 4 Chapter 4 Assignment

Monday, Mar. 3 EXAM 1: Covers

Chapters 1-3

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Monday, Mar. 10 Review Exam

Cost-Volume-Profit

- 5

Chapter 5 Assignment

Monday, Mar. 17 Var. Costs &

Segments 6 Chapter 6 Assignment

Monday, Mar 24 Profit Planning 7 Chapter 7 Assignment

Monday, Mar. 31 Spring Break No Class

Monday, Apr. 7 Flexible Budgets

& Standard Costs 8 Chapter 8 Assignment

Monday, Apr. 14 EXAM 2: Covers

Chapters 4-7

Monday, Apr. 21 Decentralization Appendix

9 Chapter 9 Assignment

Monday, Apr. 28 Differential

Analysis 10 Chapter 10 Assignment

Monday, May 5 Professional

Responsibility - Course wrap up

FINAL EXAM Class Participation & Responsibility: Professional behavior obviously enhances the learning environment. Any disruption to that environment, such as arriving late, leaving early without notice, side conversations in class, the use of cell phones/texting in class, being frequently unprepared, frequent absences, or other disruptive behavior will reduce your class participation and responsibility grade. Students are expected to come to every class having completed the reading/homework assignments and prepared to discuss them intelligently. I may call on you to answer homework problems, engage in class exercises,

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or discuss important points from the reading. Your class participation and responsibility grade may be reduced if you are not regularly prepared for class discussions. Class Website: We will be using the Blackboard on-line learning tool as a course supplement. All students should gain access to Blackboard and the class website on Blackboard. See instructions at the “Instructions for Using Blackboard at Boise State” link at http://blackboard.boisestate.edu. Use your Bronco Web ID and password to get into the system. Students are responsible for checking the class website for important announcements (e.g., cancellation of class, changes in assignments, etc.). Specific Assignments: The following sets forth the specific homework that you should complete prior to the date assigned in the syllabus.

Chapter 1 Assignment: Introduction to Managerial Accounting

Read the Introduction to the textbook. Read all of Chapter 1 Complete the Chapter 1 Quiz Do Exercises 1-9, 1-11, 1-3, 1-13

Chapter 2 Assignment:

Do Problems 1-21A, 1-15A, 1-18A Read all of Chapter 2 Do Exercises 2-14, 2-11, 2-16, 2-8

Chapter 3 Assignment:

Do Problems 2-24A, 2-25A Read all of Chapter 3 Do Exercises 3-8, 3-7 Do Problem 3-13A

Chapter 4 Assignment:

Read all of Chapter 4 Do Exercises 4-2 Do Problem 4-13A

Chapter 5 Assignment:

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Do Problems 4-15A Read all of Chapter 5 Do Exercises 5-13, 5-17, 5-11, 5-15

Chapter 6 Assignment:

Do Problem 5-20A Do Exercise 5-14 Read all of Chapter 6 Do Exercises 6-7, 6-9, 6-11

Chapter 7 Assignment:

Do Problems 6-20A, 6-24A Read all of Chapter 7 Do Exercises 7-10, 7-11, 7-12 Do Problem 7-21A

Chapter 8 Assignment:

Do Problem 7-26A Read all of Chapter 8 (except appendix) Do Exercises 8-16, 8-13, 8-14, 8-10

Chapter 9 Assignment:

Read all of Chapter 9 Do Exercises 9-10, 9-9, 9-7

Chapter 10 Assignment:

Do Exercises 9-3, 9-11 Read all of Chapter 10 Do Exercises 10-11, 10-17, 10-10, 10-7, 10-12

Chapter 11 Assignment:

Do Exercises 10-4, Do Problems 10-22A, 10-28A Read all of Chapter 11 Do Exercises 11-7, 11-9, 11-8

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Do Problem 11-10A

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