ACCT 230-200 Course Syllabus
Spring 2011
Professor: Dr. Annie McGowan
Office Phone: 845-2055
E-mail: AMcGowan@mays.tamu.edu
Home Page: http://acct.tamu.edu/McGowan
Office Hours: T-TH 1:30 p.m.-3:00
Teaching Assistant: Amanda Torres
Teaching Assistant E-mail: amt42@tamu.edu
Teaching Assistant’s Office Hours: Monday 12:30-1:30 and Thursday 1:00-2:00
Course Description
This course will examine the internal organizational uses of financial and non-financial information in planning, controlling, and decision making. Broadly, the course materials are geared towards the accomplishment of three basic objectives. These are to gain a fundamental understanding of and the ability to communicate to others:
Recently the accounting profession called for major changes in the way universities teach accounting at all levels, placing less emphasis on technical skills and more emphasis on communication and critical thinking skills. The report titled What Corporate America Wants in an Accountant details the areas in which deficiencies are perceived. For professors, these changes mean that we must reduce the amount of time that we spend in a traditional lecture format, and instead encourage students to discuss issues and concepts in class in both large and small groups. Particular emphasis will be placed on the use of accounting data for strategic decision making and control. For students, these changes will require a new way of thinking about strategies for success in the course. Emphasis will be placed on application rather than memorization. Additionally, the traditional lecture format will be replaced with facilitated class discussion and group workshops.
Course Materials
Required Text: Managerial Accounting by Garrison,Noreen, and Brewer (13th edition)
Optional Materials: Business Plan Pro Software
Grading
The course grade will be determined as follows:
|
2 exams @ 100 points each |
200 |
|
Homework |
50 |
|
Semester Project |
100 |
|
Final Exam |
100 |
|
Total Points |
450 |
Grade assignment will be based on the normal university grading scale unless otherwise indicated. Students will be guaranteed a letter grade by earning the following number of total points for the semester:
A= 90% B= 80% C= 70% D= 60%
Examinations:
All exams will be based on the
material in the textbook, the supplementary materials assigned, class
discussions, and lectures. The format of the exams will be announced prior to
the exam. All exams are comprehensive, but will emphasize the new material.
Absence from a scheduled exam will
result in a grade of zero, unless the student has prior approval from the
professor and the absence is in accordance with University regulations.
Make-ups for missed exams must be scheduled immediately (within 24 hours of
missed exam).
Class Discussion
Instead of the traditional lecture
format, we will use a question and answer format to explore the varied cost
accounting concepts and techniques. Discussion guides including demo problems
for each major chapter are available. (Click here to view discussion
outlines). Specific groups will be called upon to answer these questions
during class. I will act as the facilitator, guiding the discussion, and the
recorder, documenting the correct response. Class participation points are
based in large part on performance during these discussions. (Remember, it is
not necessary that your answer always be correct, however, a reasonable effort
is expected).
Homework:
To provide me with a measure
of your understanding of the materials covered, I have assigned homework
problems that will be graded for accuracy. A total of 60 homework points will
be assigned, of which a maximum of 50 points will count towards your final
grade. These assignments are accepted only at the beginning of the class period
in which they are due.. No
late assignments will be accepted without an official excuse. Other
problems that are assigned from your textbook are for your benefit only. I will
be happy to solve these problems on an as needed basis (by request). Click to view homework assignments.
Peer Review:
Early in the semester
students will be assigned to permanent groups. These groups will meet in class
to work and discuss homework problems and concepts. You will also work in this
team to complete the semester project. During the semester each student will
evaluate the performance of all other students in the group, based on effort,
participation, cooperation, and other relevant criteria. The individual
student's grade will be the average of his/her peer evaluations. I reserve the
right to submit an evaluation of my own to the average.
Semester Project:
During the semester, students will
apply the concepts and techniques covered in the course to develop a mini
business plan for a business of your choice.
Students will work in groups of 4 to develop a plan that describes the
management, marketing, and financial details of an enterprise. The project is
broken into sections with due dates provided for each. Each group is expected to present their work
during the final weeks of the semester. (See the schedule for details).
Policies:
· Dishonesty: I believe in the Aggie honor code and I expect strict adherence to it, without my having to guard you like a prisoner. It is never in your interest to allow cheating in this class, since some of your grade is competitive.
“An Aggie does not lie, cheat,
or steal,
or do they tolerate those who do.”
Upon accepting
admission to
For additional information please visit: www.tamu.edu/aggiehonor/
· Eating/drinking: The Mays Business School policy prohibits eating and drinking in Wehner classrooms.
· Disabilities: If you need any special accommodation for test taking or any other activity, please make the appropriate arrangements with the Office of Disability Accommodations. Click here for more details: Disabilities
· Attendance: Although I do not specifically give a grade for attendance, it will definitely be a factor in your success in this course. Click this link for more details: Active Learning
· Quality of Work: The materials that you turn in to me must be of the same quality that you would want your supervisor to see. That means I count off for misspellings, grammatical errors, incomplete sentences, and "messiness." Clarity and quality of written documents is an essential skill of an accountant. Click this link to go to a list of on-line writing labs: Writing Help
ACCT 230 HONORS
SCHEDULE OF ASSIGNMENTS
Spring 2011
|
Date |
Chapter |
Topic |
Assignment |
|
1/18 |
Ch 1 |
Managerial
Accounting and the Business Environment |
Read on your own. |
|
1/20 |
|
Transaction
Analysis |
See Handout |
|
1/25 |
Ch 2 |
Cost Classification |
E2-2, E2-4, E2-5, E2-6, E2-10, P2-18, P2-24,
P2-26, P2-27, |
|
1/27 |
Ch 2 |
Cost Classification |
Product/ Service
Description Due |
|
2/1 |
Ch 3 |
Job Order Costing/ Unit Cost
Computations |
E3-1, E3-5, E3-7,
E3-10, E3-15, P3-18, P3-20,�
P3-25, P3-29,P3-32 Assignment 1 Due |
|
2/3 |
Ch 3 |
Job Order Costing Overhead |
|
|
2/8 |
Ch 5 |
Cost Behavior |
E5-2, E5-4, E5-6,
P5-13, P5-14, P5-16, P5-24, C5-27 Assignment 2 Due |
|
2/10 |
|
Business Plan Research Tools |
West Campus
Librarian |
|
2/15 |
Ch 8 |
Activity-Based
Costing |
E8-3, E8-5, E8-6,
E8-9, E8-11, E8-14, �P8-24, P8-28 Company
Overview & Operating Plan Due |
|
2/17 |
Ch 8 |
Activity-Based
Costing |
|
|
2/22 |
Ch 8 |
�REVIEW |
Assignment 3 Due |
|
2/24 |
|
EXAM 1 |
|
|
3/1 |
Ch 6 |
CVP Analysis |
E6-3,E6-5, E6-7,
E6-9,P6-10, E6-13, E6-15, E 6-16, E6-17, P6-21, P6-28 |
|
3/3 |
Ch 6/ Ch 9 |
CVP/ PROFIT PLANNING |
|
|
3/8 |
Ch 9 |
Profit Planning |
Assignment 4 Due E7-1, E7-3, E7-10,
E7-7, P7-16, P7-17 |
|
3/10 |
Ch 9
|
Profit Planning for Business Plan |
E9-1 E9-2, E9-3,
E9-4, P9-9, P9-11, P9-13, P9-15 P9-19 II. Market and Competition |
|
3/14-3/18 |
|
SPRING BREAK |
|
|
3/22 |
Ch 16 |
Financial Statement Analysis |
|
|
3/24 |
Ch 7 |
Variable Costing |
E7-3, E7-6, E7-7,
P7-9, P710 |
|
3/29 |
Ch 7 |
Variable Costing |
|
|
3/31 |
Ch 10 |
Standard Costing |
E10-2, E10-3,
E10-7, E10-9, E10-10, E10-15 P10-24 Assignment 5 Due |
|
4/5 |
Ch 10 |
Standard Costing |
Financial
Projections and Analysis Due |
|
4/7 |
|
Standard Costing |
Assignment 6 Due |
|
4/12 |
|
EXAM 2 |
|
|
4/14 |
Ch 13 |
Relevant Costing |
E13-2, E 13-3,
E13-4, E13-5, E13-8, E13-10, E13-11, P13-16, P13-17, P13-18, P13-19, P13-23,
13-24 |
|
4/19 |
Ch 13 |
Relevant Costing |
Complete Business Plan Due |
|
4/21 |
|
Presentations |
Groups 1 & 2 |
|
4/26 |
|
Presentations |
Groups 3&4 |
|
4/28 |
|
Presentations |
Group 5& 6 |
|
5/3 |
|
Redefined Day |
Attend Friday
Classes |
|
Friday May 6 12:30-2:30 |
|
FINAL EXAM 9:35 Section |
|
|
Friday May 6 3:00-5:00 |
|
FINAL EXAM 11:10 Section |
|