Mgt Acc Syllabus - Spring 200...

Rutgers Business School, Newark

Course Syllabus: Introduction to Managerial Accounting 29:010:204 Spring 2009

Instructor: Ryan Teeter

Office: Ackerson 300V (CAR-Lab)

Class Hours: Section 04 W 1:00 – 2:20; M 2:30 – 3:50; Hill 102

Office Hours: Mondays 4:00 to 5:00pm and Wednesdays 2:30 to 3:30 pm or by appointment

E-mail: teetery@rutgers.edu

Course Web Site: http://blackboard.rutgers.edu/

COURSE DESCRIPTION

This course is designed to introduce students to the assumptions, principles, and practice of managerial accounting. The course content consists of a mix of descriptive material, managerial accounting rules, and the application of these rules to various business situations. Topics include a detailed discussion of the accounting cycle, accounting for assets, liabilities, and shareholders’ equity, and management reports preparation. The course is one of the foundation courses for all advanced accounting classes, and as such is of great importance for building a successful accounting career. It is also of great value to individuals involved in other business areas.

COURSE STRUCTURE

The course consists primarily of lectures and problem solving and is designed to help students develop an understanding of the major elements of managerial accounting. The course is designed and taught in such a way that helps students integrate material into real-world situation. A tentative course schedule is attached.

REQUIRED COURSE MATERIALS

Textbook and online account (required): Financial & Managerial Accounting Chapters 15-23, 2nd edition, Horngren, Harrison, & Oliver; Prentice Hall, 2009, and Homework Assessment tool, MyAccountingLab; (special package price) ISBN-0135080215. The packages are available at both the Rutgers Book Store and New Jersey Books. Purchasing these two items separately will probably cost significantly more than the special package price.

Calculator: A reliable calculator is needed for exams. A calculator that performs ONLY the function of calculations is permitted.

COURSE EVALUATION

The assessment policy for this course is specified in the following paragraphs. Please read it carefully. Performance will be measured by class attendance, homework completion, two mid-term exams, and a final exam. The final course grade will be computed based on the following weights:

Attendance: I expect students to attend each and every class. You will be allowed two (2) absences for the semester. These two absences are for family emergencies, religious observances, illness, court appearances, etc. Each additional absence will result in your final grade being reduced one-half letter grade. Late arrivals and/or early departures are considered absences. Performing unrelated activity (working on another course, text messaging, sleeping, etc.) will be considered an absence. Employment obligations are not an excuse for being absent from class. Prolonged absences must be reported to your advisor for confirmation.

Class Participation: Class participation is 10% of your final grade.

Homework: Electronic homework (MyAccountingLab) will constitute 20% of your final grade. To receive credit, all homework assignments must be performed on your electronic account, MyAccountingLab, at Prentice Hall.

Two Mid-Term Exams: The two mid-term exams will each receive a weighting of 22.5% of your final course grade.

Final Exam: 25% of your final course grade

Examination

You will need to bring a #2 pencil to all exams. Exams consist of multiple choice problems. Exams will cover all assigned readings. The multiple-choice questions will be both conceptual and analytical. The two mid-term exams will be cumulative only in the sense that the material itself is cumulative. The final exam will be comprehensive and governed by the University regulations. Any make-up exams will depend on the validity and auditability of the documentation, as confirmed by your advisor, for your absence from the exam. The best way to prepare for the exams is to do the coursework and attend class.

Disruptive Behavior

Use of electronic communicating devices during classes is considered disruptive behavior and an absence. Students using electronic communicating devices during class are subject to being removed from the class.

TENTATIVE COURSE SCHEDULE

Spring recess Sat 3/14 – Sun 3/22

Date	Chapter/Topic
Wed. 01/21/09	Course Introduction Ch 15
Mon. 01/26/09	Ch. 15 Intro to Management Accounting
Wed. 01/28/09	Ch. 15
Mon. 02/02/09	Ch. 16 Job Order and Process Costing
Wed. 02/04/09	Ch. 16 and the Value Chain
Mon. 02/09/09	Ch. 17 Activity Based Costing and Other Cost Management Tools
Wed. 02/11/09	Ch. 17 Activity Based Costing and Other Cost Management Tools
Mon. 02/16/09	Ch. 17 Activity Based Costing and Other Cost Management Tools
Wed. 02/18/09	Exam chapters 15 – 17
Mon. 02/23/09	Ch. 18 Cost-Volume-Profit Analysis
Wed. 02/25/09	Ch. 18 Cost-Volume-Profit Analysis
Mon. 03/02/09	Ch. 19 Short-Term Business Decisions
Wed. 03/04/09	Ch. 19 Short-Term Business Decisions
Mon. 03/09/09	Ch. 19 Short-Term Business Decisions
Wed. 03/11/09	Ch. 20 Capital Investment and the Time Value of Money
Mon. 03/16/09	No class
Wed. 03/18/09	No class
Mon. 03/23/09	Ch. 20 Capital Investment and the Time Value of Money
Wed. 03/25/09	Ch. 20 Capital Investment and the Time Value of Money
Mon. 03/30/09	Exam chapters 18 – 20
Wed. 04/01/09	Ch. 21 The Master Budget and Responsibility Accounting
Mon. 04/06/09	Ch. 21 The Master Budget and Responsibility Accounting
Wed. 04/08/09	Ch. 21 The Master Budget and Responsibility Accounting
Mon. 04/13/09	Ch. 22 Flexible Budgets and Standard Costs
Wed. 04/15/09	Ch. 22 Flexible Budgets and Standard Costs
Mon. 04/20/09	Ch. 22 Flexible Budgets and Standard Costs
Wed. 04/22/09	Ch 23 Performance Evaluation and the Balanced Scorecard
Mon. 04/27/09	Ch 23 Performance Evaluation and the Balanced Scorecard
Wed. 04/29/09	Ch 23 Performance Evaluation and the Balanced Scorecard
	Final exam Regular classes end May 3 exams 7-13