ALCORN STATE UNIVERSITY
School of Business
Graduate Business Programs
MBA 680 Managerial Accounting Analysis – 2007 Summer I Term
Instructor: Dr. Wells
Office: MBA Offices
Office Hrs: Monday-3:00 p.m. -- 4:00 p.m. and by appointment
Tel: (601) 304-4308
Fax: (601) 304-4350
E-Mail:
steve@alcorn.edu
swells@telepak.net
About the Course:
Accounting is a cross-functional discipline providing useful information to all management areas in all types of organizations (manufacturing, service, and not-for-profits) regardless of size in both domestic and international operations.
Managerial Accounting Analysis is based on the premise that managers and accountants must have a common understanding of the
(1) Organizational role of accounting information
(2) Techniques available to provide that information
(3) Details needed to perform the techniques, and
(4) Benefits and limitations of the information provided by the various techniques in response to managers needs.
This course supports the MBA Program objectives of improving decision-making skills and an integrated curriculum. An integrated approach to information flow creates an atmosphere of trust, sharing, and cooperation within organizations
This course focuses on three major aspects of managerial accounting:
1. Cross-functional: provides useful information and interacts with to all functions (marketing, management, finance, production, etc) of the organization.
2. All types of Organizations: Includes service, retail, manufacturing, nonprofits, and governmental agencies.
3. Enhance Decision Making Skills: Applies managerial accounting principles and concepts through exercises, cases, and other methods.
Objectives of the Course:
After successfully completing this course, the student will:
(1) Identify the accounting function’s impact on an organization’s ability to successfully achieve its strategic goals and objectives.
(2) Describe and apply the components of CVP analysis.
(3) Contrast absorption and variable costing
(4)Construct a flexible budget for a business organization
(5)Compare activity-based costing with conventional overhead allocation methods
(6) Identify ethical situations and suggest proper conduct.
(7) Research an assigned managerial accounting issue
(8) Differentiate between financial accounting and managerial accounting
(9) Use the Internet to find related information about managerial accounting
Learning Objectives for each Chapter are identified and available on the School of Business Docushare site:
www.bschool.alcorn.edu
Resources Needed:
(1) Textbook: Managerial Accounting. 6rd Edition. Ronald W. Hilton. McGraw-Hill Publishers. 2004.
Students are responsible for obtaining text as a basic requirement for taking this course. Additional student resources are provided on the Publisher’s web site.
www.mhhe.com/hilton6e
(2) Access to the Internet. It is essential that each student have access to the Internet. The Computer Lab and the Learning Resource Center (LRC) have facilities available to accommodate the student. Part of this course may be delivered via the Internet using Docushare (
www.bschool.alcorn.edu
) provided by the Alcorn State University School of Business and/or via “Elluminate” – a web-based delivery system.
(3) Access to various professional journals and publications. (Available in the LRC).
Activities Required to Achieve the Objectives:
(1) Students read the textbook material as assigned
(2) Students complete the assignments from the textbook and participate in class discussion
(3) Students participate in the discussion forum on the Docushare site:
www.bschool.alcorn.edu
(4) Students review research the literature for related articles, document with proper citation, and complete a written report
(5) Students complete a written project
(6) Students will complete tests covering selected textbook materials, homework assignments, case presentations, assigned outside readings, research projects, and other materials as deemed appropriate during the semester.
Assessment Process:
The Final Grade will be determined as follows:
2 tests @ 150 points 300
Written Research Projects 150
Participation in discussion forums & Assignments 150
Attendance & class participation – via Elluminate 200
Total Points 800
Grading Scale:
720 - 800 Points = A
640 - 719 Points = B
560 - 639 Points = C
480 - 559 Points = D
479 & Below = F
Class Attendance Policies:
Students are expected to attend each scheduled class. Should employment or other reasons make it impossible for a student to meet the class, it is the responsibility of the student to make up missed work, inquire about any changes in the assignments, and notify the instructor (if possible) prior to missing the class. This course may be delivered (in part) via Elluminate – A web-based delivery system, the Internet using Docushare, and e-mail. Docushare is located on the ASU Business School Web site and will contain valuable resource materials for the course. The publisher of the textbook also provides easy access to support materials for the students.
About the syllabus:
The syllabus is a plan for the course, but is subject to change as deemed appropriate by the instructor. It is the responsibility of the student to keep aware of any changes deemed necessary.
Teaching Philosophy:
My teaching philosophy is based on:
-- motivating students to learn, both in this course and lifelong
-- presenting a conceptual framework for practical applications
-- continual improvement
-- interactive learning environment
-- an informative, challenging course
-- professionalism, including respect and integrity
Adhering to this philosophy in this course requires much more of the student than mere memorization and recall. You should understand the concepts and their application well enough to apply concepts to situations your have not previously encountered. Test questions and assignments require the ability to think and make decisions based on concepts. The course will test students on all levels of Bloom’s learning hierarchy. These levels include (progressively): knowledge, comprehension, application, analysis, synthesis, and appreciation/evaluation.
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Bloom’s Learning Levels
Learning Level Action Verbs or Activities
Knowledge: Ability to remember previously learned material such as specific facts, criteria, techniques, principes, and procedures (list, define, identify, describe). Example: Describe how the accounting function impacts an organization’s ability to successfully achieve its strategic goals and objectives.
Comprehension: Ability to grasp and interpret the meaning of material (Compare, contrast, explain, differentiate). Example: Contrast the differences between absorption and variable costing.
Thinking-Application: Ability to use learned material in new and concrete situations. (Solve, calculate, find the answer, allocate, apply, perform, compute). Example: Calculate the breakeven point given a specific set of data regarding a particular product or service.
Thinking-Analysis: Ability to break down material into its component parts so that its organizational structure can be understood; ability to recognize causal relationships, discriminate between behaviors, and identify elements that are relevant to the validation of a judgement. (Analyze, estimate, decide, determine, identify method being used, give reasons for, conclusions supported by fact). Example: Determine the appropriate decision regarding the acquisition of a new capital asset.
Thinking-Synthesis: Ability to put parts together to form a new whole or proposed set of operations; ability to relate ideas and formulate hypotheses. (Create a plan, develop a model, revise, combine parts into a new idea). Example: Develop a variable budget model for a business organization.
Appreciate/Evaluation: Ability to judge the value of material for a given purpose on the basis of consistency, logical accuracy, and comparison to standards; ability to appraise judgments involved in the selection of a course of action. (Assess, recommend, evaluate, select best, express reasons, justify, criticize, conclude). Example:
Evaluate the benefits and limitations of using activity-based costing.
Professional Certification as a Certified Management Accountant (CMA):
Successful completion of this course with a grade of “B” or better accompanied by the necessary preparation and review should enhance a student’s probability of successfully passing a part of the CMA Examination administered by the IMA. Additional information about the CMA certification process is available upon request.
Students are encouraged to inquire about the CMA certification. Review materials are available for utilization.
Summer I Schedule:
Class
Session Date Assignment
1 May 30 Review syllabus, Chapter 1
2 June 4 Chapter 2 and Chapter 7 - Identify Project
3 June 6 Chapter 8
4 June 11 Chapter 12 & 13
1st Paper Due: Topic = IMA/CMA
5 June 13 Chapters 14, 15, & 16
6 June 18 Chapter 17 & Test No. 1
7 June 20 Chapter 18
8 June 25 Chapters 3, 4, & 10
9 June 27 Selected Topics & Final Exam
Written Project Due Topic: CFO Report Re Factors Regarding International Expansion/Relocation
Assignments by Chapter:
Chapter 1 - Read Chapter 1
Chapter 1 - Read Chapter 1
Exercises: 25,26,27 (Internet Exercise)
Problem : Ethics and Quality Control P-30
In-Class Assignments: TBA
Chapter 2 - Read Chapter 2
Chapter 2 - Read Chapter 2
Questions: Review all: 1, 15, 23
Questions: Review all: 1, 15, 23
Exercises: 24, 33, 34
Problems: 39,40,43,50,51,52,54,56,57,58
In-class assignments: TBA
Chapter 7 - Read Chapter 7
Questions: 11, 18, 19
Exercises: 25, 29, 33, 34
Problems: 35, 43
In-Class Assignments: TBA
Chapter 8 - Read Chapter 8
Questions: 1,2,16,18
Exercises: 23,25,27,29 (Internet), 30,33
Problems: 35,36,40,43,44,49
In-Class Assignment: P-45
Chapter 12 - Read Chapter 12
Questions: 1,3,9,15
Exercises: 30,35,36,38
Problem: 41
In-Class: P-50
Chapter 13 - Read Chapter 13
Questions: 2,3,5,20,
Exercises: 24,25,26,27,28,29,32,34,35
Problems: 39,46,47,48
Chapter 14 – Read Chapter 14
Questions: 1,2,3,7,14,15,16,17,18,19
Exercises: 31,32,36,37,38,39,40,41,42
Problems: 44,45,46,48,49,50,54
In-Class: E-43 & P-60
Chapter 15 – Read Chapter 15
Questions: 1,3,6,7,8,9,12,14,15,17,18,19,22,23,25,26
Exercises: 32,33,34,36
Problems: 38,40,41,43,44
In-Class: P-47
Chapter 16 – Read Chapter 16
Questions: 1,6,7,8,12,13,,16,17,18,19,20,21
Exercises: 24,25,26,27,28,29,30,31,32,33,34,35,36,37
Problems: 44,51,52,53
Chapter 17 – Read Chapter 17
Questions: 1,5,6,10,11,
Exercises: 13,14,15,16,17,19,20
Chapter 18 - Read Chapter 18
Questions: All
Exercises: 15,16,17 (Internet), 18,19,20,21,22,23
Problems: 28,29,30,31
Chapter 3 - Read Chapter 3
Questions: 1,2,3,4,6,8,9
Exercises: 23,28,29,32,33,41
Problems: 48,52
Chapter 4 - Read Chapter 4
Questions: 1,2,5,6,8
Exercise: 17
Problem: 27
Chapter 10 - Read Chapter 10
Questions: 2,4,10,20
Exercises: 28,30,31
Problems: 43
Chapter 11 - Read Chapter 11
Questions: 1,2
Exercises: 22,32
Problems: 38,40
Chapter 5 – Read Chapter 5
Questions: 3,4,5,10,11
Exercises: 22,23
Chapter 6 - Read Chapter 6
Questions: 1,2,3,7,22
Exercises: 30,32,37
Examples of publications for outside readings:
Examples of publications for outside readings:
CFO
Financial Executive
Strategic Finance
Management Accounting
Journal of Accountancy
Wall Street Journal
Examples of Various types of businesses utilized in exercises, problems, & cases
Examples of Various types of businesses utilized in exercises, problems, & cases
Sporting Goods Chain Stereo Manufacturer Software Developer Hotel
Governmental Agency Manufacturer Airline Printer Manufacturer
Consulting Firm Public Accounting Firm Oil Industry Winery
Hospice University Tour Company Food Processor
Apple Orchid Fitness Center Private School Pizza Delivery
Restaurant Law Firm U.S. Postal Service Bank
Dental Office Breakfast Food Manufacturer Landscaping Business
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