SYLLABUS
BSNS 6120:
Managerial Accounting
Fall 2004
3 Credit Hours
Instructor: Jenifer Sizelove
Phone: (765)
759-3828
E-mail: sizeloves@att.net
Text:
Accounting: Information for Business Decisions,
2nd edition, Cunningham, Nikolai,
and Bazley; Thomson/South-Western Learning, 2004
The text website at: http://www.swlearning.com/accounting/cunningham/second_edition/cunningham.html contains helpful student resources including an
A financial calculator is
needed in this course. The official Falls School of Business calculator is the
HP10B which is the one your instructor will utilize.
Course Description:
This course will provide students with an
understanding of the uses and limitations of accounting information in economic
decision-making in a variety of business and other organizational contexts.
Current issues will be integrated as accounting concepts are discussed. The
course will also build skills in problem solving and the use of Excel.
Course Objectives:
1. Use the income statement, the balance sheet, the statement of cash flows, and financial ratios to evaluate the performance of companies. Understand how recent accounting scandals misrepresented financial performance.
2. Determine the relative profitability and breakeven points of segments of a business as well as costs that are relevant to decisions.
3. Identify the purposes of financial plans in organizations. Prepare an integrated set of projected financial statements utilizing Excel.
4. Understand the basic elements of manufacturing costs and evaluating performance. Understand activity-based costing, process management, and the concepts of quality and continuous improvement as contrasted with traditional manufacturing approaches.
5. Understand the basics of capital budgeting and the strategic nature of capital budgeting.
Homework:
There will be 4 Excel homework assignments. Each assignment must be e-mailed as an attachment to the instructor prior to the start of class on the date assigned. No late assignments will be accepted.
Other homework assignments will be used as a basis for class discussion and/or will be used to reinforce concepts. (These will not be collected or graded.)
Project:
During the semester, students will participate in a three-part case assignment “Lost Peak Winery, Inc.” Each part is worth 40 points. The case will be provided by the instructor and will require the use of Excel for the solution.
The project will be discussed on a limited basis in groups during class. However, the actual preparation of the project must be done by each student on an individual basis. Copying of another student's assignments is considered to be unethical behavior.
Attendance and participation:
Students are expected to attend class and commit to being an active learner at each class session. This requires that you come to class well prepared to discuss assigned readings and individual homework assignments. Students who are unable to make a class should contact the instructor prior to the class meeting. Students are responsible to obtain any class notes and assignments from unattended classes.
Make-up examinations will be given only in the case of emergency and at the sole discretion of the instructor.
Point Distribution: Grading
Scale:
Mid-term Exam 120 points A =
100% - 94%
Final Exam 120 A- = 93%
- 91%
Project (3 parts @ 40 pts) 120 B+ = 90%
- 88%
Homework 40 B = 87%
- 85%
B- = 84%
- 81%
Total 400 points C+ = 80%
- 77%
C = 76%
- 71%
C- = 70%
- 66%
D = 65%
- 50%
F = 49%
- 0%
Class Schedule: (subject to change)
|
August 30 |
Chapter 1 Introduction to Business and Accounting |
|
September 6 |
NO CLASS |
|
September 13 |
Chapter 3 Developing a Business Plan: Cost-Volume-Profit Analysis |
|
September 20 |
Chapter 4 Developing a Business Plan: Budgeting |
|
September 27 |
Chapter 5 The Accounting System: Concepts and Applications |
|
October 4 |
Chapter 6 The Income
Statement: Its Content and Use |
|
October 11 |
Chapter 8 The Cash
Flow Statement: Its Content and Use |
|
October 18 |
Mid-term exam |
|
October 25 |
Chapter 9 Managing and Reporting Working Capital |
|
November 1 |
Chapter 10
Introduction to Corporations: Structures, Reports, and Analyses Lost Peak Winery, Inc. (B) due |
|
November 8 |
Chapter 13 Revenues
and Cash Collections |
|
November 15 |
Chapter 15
Short-Term Planning Decisions Lost Peak Winery, Inc. (C) due |
|
November 22 |
Chapter 16 Product Costing Systems in Manufacturing Operations |
|
November 29 |
Chapter 18 Modern Developments in Managing Operations |
|
December 6 |
Chapter 20 Capital Expenditure Decisions |
|
December 16 (THUR.) |
Final Exam |