College, Program, HOUSTON COMMUNITY COLLEGE – CENTRAL
Department of Accounting
and Semester
Online Course Syllabus, Fall 2011
Course Title &
Credit Hrs
Principles of Accounting II (3 Credit Hours)
Course Rubric &
Number
ACCT 2302
Course website
http://hccs.blackboard.com
Class Reference#
51361
Course Length
12 weeks
Professor
Dr. Mesfin Genanaw, CMA, CFM
Tel: 713-718-6481
Email: Mesfin.genanaw@hccs.edu
Office Location: BSCC 206 - HCC Central Campus
Office Hours: By appointment
Managerial Accounting, 13th edition, by Ray H.
Garrison,Eric Noreen and Peter C. Brewer. New York,
New York: McGraw Hill Irwin, 10020. ISBN: 978-007-337961-6. Copyright year: 2010
Sectional Exam 1 (20%) – Oct. 21, 22, & 23
Sectional Exam 2 (20%) – Nov. 11, 12 & 13
Sectional Exam 3 (20%) – Dec 2, 3 &4
Drop the lowest score of the 3 sectional exams.
Final Exam (30%) – Dec. 9, 10, & 11
14 online quizzes (drop one) - 30%
Excel project (extra credit)4%
All exams are conducted online.
Textbook
Exam Dates
Distance ED
Support
Administrative: (713) 718-5210 Fax (713) 718-5388
Counseling:(713) 718-5275 Option 4 de.counseling@hccs.edu
Technical: 24/7 toll-free phone service (1-866-588-5281)
http://d2.parature.com/ics/support/default.asp?deptID=8081
See details below
Course Description
ACCT 2302 is a Continuation of ACCT 2301 focusing on
fundamentals of managerial accounting including
manufacturing operations and planning and control. Other
topics include budgets, introduction to cost accounting, cost
control techniques, methods of measuring performance, and
financial statement analysis.
Prerequisites
ACCT 2301 Principles of Accounting I
Course Goal
The primary purpose of Principles of Accounting II is to
provide the students with a comprehensive and in depth
course in managerial accounting. The course is designed to
meet the needs of those students who are preparing for a
career in accounting.
Course Student Learning Outcomes (CLO)
Students will:
1. Show understanding of manufacturing operations, and,
planning and control
2. Show understanding of budgets, and, cost accounting
3. Show understanding of cost control techniques
4. Show understanding of methods of measuring
performance
5. Show understanding of financial statement analysis
Course Description: In-depth analysis of managerial
accounting including manufacturing operations and planning
and control. Other topics include budgets, introduction to
cost accounting, cost control techniques, methods of
measuring performance, and financial statement analysis
End-of-Course Outcomes: Develop understanding of
manufacturing cost categories; flow of costs in a job-order,
and, process costing system; cost prediction, and, costvolume-profit relationship; variable, absorption, and,
activity-based costing; budgets and performance analysis;
direct materials & labor standards, and, segmented income
statement; analysis to drop or retain a product line or
business segment; and Compute and interpret financial
ratios useful to a common stockholder or creditor.
Learning objectives
The student will be able to:
1. Show understanding of manufacturing cost categories
2. Show understanding of flow of costs in a job-order, and,
process costing system
3. Show understanding of cost prediction, and, cost-volumeprofit relationship
4. Show understanding of variable, absorption, and, activitybased costing
5. Show understanding of budgets and performance analysis
6. Show understanding of direct materials & labor standards,
and, segmented income statement
7. Show understanding of analysis to drop or retain a
product line or business segment
8. Compute and interpret financial ratios useful to a common
stockholder or creditor
SCANS or Core Curriculum Statement
The Secretary’s Commission on Achieving Necessary Skills
(SCANS) from the U.S. Department of Labor was asked to
examine the demands of the workplace and whether our
students are capable of meeting those demands.
Specifically, the Commission was directed to advise the
Secretary on the level of skills required to enter
employment. In carrying out this charge, the Commission
was asked to do the following:




Define the skills needed for employment
Propose acceptable levels of proficiency
Suggest effective ways to assess proficiency, and
Develop a dissemination strategy for the nation’s
schools, businesses, and homes
SCANS research verifies that what we call workplace knowhow defines effective job performance today. This knowhow has two elements: competencies and a foundation.
This report identifies five competencies and a three-part
foundation of skills and personal qualities that lie at the
heart of job performance. These eight requirements are
essential preparation for all students, whether they go
directly to work or plan further education. Thus, the
competencies and the foundation should be taught and
understood in an integrated fashion that reflects the
workplace contexts in which they are applied.
Workplace Competencies
Resources: allocating time,
money, materials, space,
staff
Interpersonal Skills:
working on teams, teaching
others, serving customers,
leading, negotiating, and
working well with people
from culturally diverse
backgrounds
Information: acquiring and
evaluating data, organizing
and maintaining files,
interpreting and
communicating, and using
computers to process
information
Systems: understanding
social, organizational, and
technological systems,
Foundation Skills
Basic Skills: reading,
writing, arithmetic and
mathematics, speaking and
listening
Thinking Skills: thinking
creatively, making decisions,
solving problems, seeing
things in the mind’s eye,
knowing how to learn, and
reasoning
Personal Qualities:
individual responsibility, selfesteem, sociability, selfmanagement and integrity
monitoring and correcting
performances, and designing
or improving systems
Technology: selecting
equipment and tools,
applying technology to
specific tasks, and
maintaining and
troubleshooting technologies
SCANS workplace competencies and foundation skills have
been integrated into Introduction to Accounting, and are
exhibited in the SCANS schedule.
Study guide and Homework Assignments
Study guides are available at the course website. They help
students master the basic content of the text. Students
must complete homework assignments as scheduled in the
course syllabus. You do not have to submit homework
assignments. Solutions to homework problems and
exercises are provided at the course website. However,
students are not advised to look into the solutions before
attempting to solve the assignments on their own.
Course website
We will be using the Blackboard Vista for our virtual
classroom. You can access the course website at
http://hccs.blackboard.com. All students registered for this
course must have internet access. This course website
allows you to access course resource sites and audio/video
lectures, participate in discussions, take online quizzes,
seequiz results, and much more.
Student Resources
After accessing the course website at
http://hccs.blackboard.com, click on “Course content” icon
on the navigation bar to find course instructions, powerpoint
lectures, homework solutions and other resources. Click on “
Course book” to access extensive amount of chapter-bychapter materials. Click on any chapter and you will find
resources that include Flashcards, Online Quizzes, practice
exams, sample study guides, Internet Exercises, Key Terms,
Learning Objectives, Chapter Summary, SPATS, Narrated
Powerpoints, Excel Walkthroughs, Electronic Exhibits,
Factory Tour, and Hot New Materials on that chapter.
Especially the Narrated Powerpoints and Excel Walkthroughs
give you an excellent highlight of the entire chapter. Please
surf through and read all links provided on the course
website. You are expected to complete at least one chapter
every week. The practice exams and quizzes have questions
similar to the sectional exams and the final exam for this
course. Don't wait until exam periods to study these online
resources.
Audio and Video Resources: After accessing the course
website, you may click on “Audio Resources” icon under the
course menu to listen to short and summarized chapter-bychapter audio lectures. These lectures provide key concepts
and ideas in each chapter of the course syllabus. The video
library showcases chapter-by-chapter videos of real life
managerial issues.
Evaluation and Requirements:
This class represents an alternative method of teaching and
learning Managerial Accounting. While we use the Internet
to communicate, our goal is to maintain as much of the
traditional experience of the classroom as possible.
Therefore, the course objectives, course schedule and
assessment criteria are, as much as possible, in this online
environment as it is in the face-to-face managerial
Accounting classes that I teach.
You are expected to read and complete all assigned chapters
and participate in discussions. You do not have to submit
homework assignments. Additional practice problems
will be posted online for discussion. For important dates,
please see the Calendar at the course website.
Learning accounting is like learning a foreign language. It is
very much learning by doing and by practice. The learning
process is cumulative. That means that what we learn today
builds upon what we learned last week, which presupposes
that you actually learned the procedure and used the
concepts last week. If you did a half-hearted job last week,
you have a weak foundation upon which to build. The
textbook does a good job of explaining the material, but you
have to read it, and do the assignments on a timely basis to
be successful in the course. It is extremely important that
you be actively involved in the learning process. You have to
read each chapter on the textbook, read the student
resources on the course website, and apply the ideas to the
homework problems. This will require a considerable
commitment of time and effort from you.
Your final grade for this course will be based on how well
you do in meeting the evaluation requirements and applying
the grading scale listed below.
14 Online quizzes (drop one) - 30%
3 Sectional Exams (drop one) - 40%
Final Exam - 30%
Excel Problems & Class Participation - 4%
Grades will be posted after completion of each quiz period.
Grading Scale
90%–100% = A
80%– 89% = B
70%– 79% = C
60%– 69% = D
Below 60% = F
Examinations
As stated above, there will be 14 quizzes, three sectional
examinations (drop one), and a final exam. If a student
misses a sectional exam, that becomes the dropped exam.
All exams and quizzes are conducted online and are multiple
choice questions. Grades are posted as soon as exam is
submitted. Quizzes provide multiple accesses over two
week period. Exams provide one time access for only two
hours. Students can take each exam/quiz in any of the
scheduled days. There will be no make-up on these exams
or quizzes. Your grades on all exams, quizzes, and overall
participation will be used to compute your final grade for the
course. Participation grade include: participation in class
discussions, answering excel practice problems, reading
online materials. It also includes asking cogent questions,
answering questions, and responding to other students’
comments. Grade for this section will be scored at the end
of the semester.
All Exams are conducted online and are multiple-choice
questions. Student who misses the final exam for valid and
reported reason, will get a grade of “I”. If you receive an
“I,” you must arrange to complete the course work by the
end of the following term (excluding Summer Semester).
After the deadline, the “I” becomes an “F.” An assignment
schedule is attached to this syllabus. This schedule will be
followed throughout this course.
Academic Honesty
Students are responsible for conducting themselves
with honor and integrity in fulfilling course
requirements. Penalties and/or disciplinary proceedings
may be initiated by College System officials against a
student accused of scholastic dishonesty.
“Scholarly dishonesty” includes, but is not limited to,
cheating on a test, plagiarism, and collusion. See the
1999-2001 Student handbook for more information.
Tutoring/Lab Hours
Accounting tutors are available at different HCCS locations.
The instructor will provide you with the information about
their locations, days and times on the course website.
HCC DISTANCE EDUCATION POLICIES AND
PROCEDURES
The Distance Education Student Handbook contains policies
and procedures unique to the DE student. Students should
have reviewed the handbook as part of the mandatory
orientation. It is the student's responsibility to be familiar
with the handbook's contents. The handbook contains
valuable information, answers, and resources, such as DE
contacts, policies and procedures (how to drop, attendance
requirements, etc.), student services (ADA, financial aid,
degree planning, etc.), course information, testing
procedures, technical support, and academic calendars.
Refer to the DE Student Handbook by visiting this
link: http://de.hccs.edu/de/de-student-handbook
Tutoring/Lab Hours
Accounting tutors are available at different HCCS
locations. The instructor will provide you with the
information about their locations, days and times on
the course website.
.
Assignment Schedule:
This schedule will be followed throughout this course. Any
modifications to this schedule will be announced in class.
ACCT 2302 – Principles of Accounting II
WK Chapter
Topics
Assignments
1
Managerial Accounting
& the Business
Environment
Ex 1-1; 1-2; 1-3
1
P1-3; P1-6
2
2
Managerial Accounting
& Cost Terms, Concepts
Ex 2-1; 2-2; 2-3; 2-4; 2-5;
2-11; 2-12, P2-13; P2-15
3
3
Systems Design: JobOrder Costing
Ex 3-1; 3-3; 3-4; 3-5; 3-6;
3-8; 3-10
E3-18; E3-20; Case 3-33
3
4
Systems Design:
Process Costing
Ex 4-1; 4-2; 4-3; 4-4; 4-10;
4-11; 4-14
4
5
Cost Behavior: Analysis
& Use
Ex 5-1; 5-3; 5-4; 5-7; 5-10
Exam #1(Chapters 1
– 5)
5
6
7
7
P5-16; P5-17
6
7
8
Cost-Volume-Profit
Relationships
Ex 6-1; 6-3; 6-5; 6-7; 6-9
Variable Costing: A Tool
for Management
Ex 7-1; 7-5; 7-7; 7-8; 7-9
Activity Based Costing:
A Tool to Aid Decision
Making
E8-1; 8-3;8-9
P6-18; P6-20
7-10; P7-11
8
9
Profit Planning
Ex 9-1; 9-2; 9-3; 9-7
9-9; 9-10; 9-11
9
10
10
11
12
Standard Costs & the
Balanced Scorecard
Ex 10-2; 10-3; 10-8; 10-9;
10-10; 10-11
Exam 2(Chapters 6 –
10)
11
12
Flexible Budgets &
Overhead Analysis
Ex 11-1; 11-6; 11-10; 11-12
Segment Reporting &
Decentralization
Ex 12-1; 12-2; 12-3; 12-7;
12-11; 12-15
P11-17; P11-19
P12-20;
13
13
Relevant Costs for
Decision Making
Ex 13-1; 13-2; 12-3; 13-4;
13-5; 13-6; p13-17
14
16
Financial Statement
Analysis
16-2; 16-3;16-4; 16-6
15
16
Exam #3 (Chapters 1113,16)
Final exam (Chapters 113, 16)
The above schedule is tentative. Look at the course
calendar in blackboard for exact dates.