Frederick Community College Course Syllabus ACCT203 Managerial Accounting ONL Fall 2011
Class begins: 8/22/2011	Class ends: 12/10/2011	Last Day to Withdraw: 11/02/2011

Instructor Information:
Name: Mike Martin, CPA	Office: B218
E-mail: mmartin@frederick.edu	Phone Number: 301 846 2543
Office Hours: Monday 1:00 pm – 3:30 pm Tuesday 9:15 am – 10:30 am Thursday 9:15 am – 10:30 am Other times by appointment	Campus Mail Box #: 280

Course Information:
Credits: 3
On-campus Meetings: None	On-campus Exams: 2
Prerequisites: ACCT101	Corequisites: None

Course Description:

Presents accounting related to the managerial functions of planning, control, information gathering, and decision making, analysis of data on costs, prices, and profits (CVP, joint costs, direct and absorption costing, standard costs, job order and process costing), budgets (master budgets, flexible budgets): analysis of variations in performance (cost behavior, responsibility accounting, profit centers, transfer pricing); and analysis of business situations toward goal optimization (capital budgeting, tax implications, inventory planning, decision theory).

Core Learning Outcomes:

Upon completion of this course students will demonstrate

1. Differentiate between the nature and use of information for financial accounting decision making vs. managerial accounting decision making.

2. Demonstrate the knowledge and use of managerial accounting terminology.

3. Explain the three primary activities associated with the management function.

4. Apply managerial accounting techniques to product costing and cost behavior analysis.

5. Use capital budgeting techniques in evaluating business decision alternatives.

Instructional Methods:

Reading chapter material, studying online resources, problem solving, discussion board

 How this course is organized:

This course is organized around a study guide for each textbook chapter that is contained in the weekly assignment folders. The study guide provides learning objectives, practice exercises and homework assignments that need to be completed on a weekly basis. This course is not designed to be self-paced. Students are expected to complete the assignments in a timely manner and take exams as scheduled

Text(s) and Course Materials:

Required: Managerial Accounting, Garrison/Noreen 13^th Edition, 2010, McGraw-Hill/Irwin

Optional: Study Guide

Progress Report:

By the end of the 6th week of the semester, you will have an opportunity to evaluate your progress in this course and decide if you need to make any adjustments (additional study, tutoring, conference with instructor) to assure your success in this course.

Assessment Methods:
Tests / Papers / Projects / Participation	Point Value	Final Grade Scale
Exam I Chapters 1 – 4	150	A = 360 – 400 points
Exam II Chapters 5, 6, 10, & 13	150	B = 320 – 359 points
Comprehensive Problems Chapters 8 & 14	50	C = 280 – 319 points
Discussion Board	50	D = 240 – 279 points
		F = Below 240 points
Total	400

Student Services:

A variety of services are available to assist students in succeeding at FCC. Students can learn more about these services by visiting the Student Services web page: http://www.frederick.edu/student_services/index.aspx.

Students with disabilities who are in need of accommodations or who have questions related to disabilities services should contact the Services for Students with Disabilities (SSD) office at 301-846-2408. Students can learn more about these services by visiting the Services for Students with Disabilities web page: http://www.frederick.edu/student_services/disability.aspx.

Participation Policy:

1 Students remain responsible for completing the requirements of the course in cases of serious illness, emergency, religious holidays, or participation in official college functions.

2 All exams and assignments must be taken or turned in when scheduled unless prior notification is received and approved. Failure to notify the instructor in advance will result in penalties being assessed at the instructor's discretion.

Email Policy:

With the exception of MOL students, all FCC students will receive and are expected to use their FCC email address for correspondence with faculty and staff at the college. Students can establish and access their FCC email accounts at https://myfcc.frederick.edu. Email is an instructional tool essential to student-instructor and student-student communication. In the Blackboard environment by default, your email address is available to all students in this course.

However, students are permitted to use email addresses of other students in this course only for the purpose and the duration of this course.

The instructor can be expected to respond to regular student email inquiries (grades, posted assignments, and tests excluded) within the time frame of 24 to 48 hours.

Academic Integrity:

Work in this course is subject to the provisions of the FCC Code of Academic Integrity. Plagiarism in any form will not be tolerated. As a student, it is your job to practice academic honesty at ALL times. More information about this and the Student Conduct Code are available at http://www.frederick.edu/student_services/studentpolicies.aspx

You must send your Academic Integrity Pledge to the instructor. The form is available at http://courses.frederick.edu/_utilities/regform.htm

TOPICAL OUTLINE

(can be changed at the discretion of the instructor)

The Last Day to Withdraw from Class: 11/02/2011

Week	Date	Subject	Content
1	8/22	Course and Student Introduction Chapter 1 Managerial Accounting and the Business Environment	Syllabus Review and Discussion Board Assignment Globalization Strategy Organizational Structure Process Management Ethics in Business Corporate Governance and Social Responsibility
2	8/29	Chapter 2 Managerial Accounting and Cost Concepts	The Work of Management Comparing Financial & Managerial Accounting General Cost Classification Product Costs vs. Period Costs Cost Classification on Financial Statements Product Cost Flows Cost Classification for Predicting Cost Behavior Cost Classification for Decision Making
	9/5	Labor Day	College Closed
3	9/5	Chapter 3 System Design: Job Order Costing	Process and Job Order Costing Job Order Costing - An Overview Job Order Costing - The Flow of Costs Problems of Overhead Application
4	9/12	Chapter 4 System Design: Process Costing	Comparison of Job Order and Process Costing Cost Flows in Process Costing Equivalent Units of Production Compute and Apply Costs
5	9/19	Chapters 1 - 4	Catch-up and Exam 1 review
6	9/26	Chapters 1 - 4	Exam 1
7	10/3	Chapter 5 Cost Behavior: Analysis and Use	Types of Cost Behavior Patterns The Analysis of Mixed Costs The Contribution Format Income Statement
8	10/10	Chapter 6 Cost-Volume-Profit Relationships	The Basics of CVP Analysis Target Profit and Break-Even Analysis CVP Considerations in Choosing a Cost Structure Assumptions of CVP Analysis
9	10/17	Chapter 8 Activity Based Costing: A Tool to Aid Decision Making	Activity Based Costing: An Overview How Costs Are Treated Under ABC Designing an ABC System The Mechanics of ABC Costing Comparison of Traditional and ABC Product Costs Targeting Process Improvements ABC and External Reports
10	10/24	Chapter 8 Chapter 10 Standard Costs and Operating Performance Measures	Comprehensive Problem Due Standard Costs – Management by Exception Setting Standard Costs A General Model for Variance Analysis Using Standard Costs – Direct Materials Variances Using Standard Costs – Direct Labor Variances Using Standard Costs – Variable Mfg. O/H Variances Variance Analysis and Management by Exception
11	10/31	Chapter 13 Relevant Costs for Decision Making	Cost Concepts for Decision Making Adding and Dropping product Lines The Make or Buy Decisions Opportunity Costs Special Orders Utilization of a Constrained Resources
	11/2	Last day to withdraw from class
12	11/7	Chapters 5, 6, 10 & 13	Catch-up and Exam 2 review
13	11/14	Chapters 5, 6, 10, & 13	Exam 2
	11/23-11/27	Thanksgiving break
14	11/28	Chapter 14 Capital Budgeting Decisions	Capital Budgeting – Planning Investments Discounted Cash Flows – The Net Present Value Method Discounted Cash Flows – The Internal Rate of Return Method Expanding the Net Present Value Method Uncertain Cash Flows Preference Decisions –The Ranking of Investment Projects Other Approaches to Capital Budgeting Decisions
15	12/5	Chapter 14	Comprehensive Problem Due