Introduction to Managerial Accounting (ACCT 2133-007)
T-TH 2:00 – 3:15 BU224
Instructor: Mr. Brian Laird
Office: BU 210
Email: blaird@astate.edu
Phone: 972-3038
Office Hours: Wednesday 9:00 – 3:00
Tuesday and Thursday by appointment
Required Text: Financial and Managerial Accounting: Wild, Shaw and Chiappetta, 5th Edition
Required Access: McGraw Hill Connect Homework Manager (May come with new book)
Required: A basic 4 function calculator; no other calculators will be allowed during quizzes or exams.
Managerial Accounting Primary Objectives:
The student should be able to explain the concepts of managerial and cost accounting. (Business
Knowledge)
The student should be able to solve problems involving cost accounting. (Critical Thinking)
The student should be able to plan, organize, and compose short written responses to cost accounting
problems. (Written Communication)
The student should understand the role of business ethics when solving problems and making
decisions. (Critical Thinking, Ethics)
Homework Assignments: Homework assignments will be completed through the McGraw-Hill Connect
homework manager. The class Connect site can be accessed through Blackboard/Learning Units by
clicking on a homework assignment. If you purchase a new text book, it should come with Connect
access. You should make sure your book contains a Connect access code. Otherwise you will need to
purchase as access code. A two week free trial is available, to those needing time to secure funds. In
addition to homework problems, Connect assignments will be used as revised problems on an exam. It is
essential to realize that doing your homework is vital part of learning accounting. Homework may not be
turned in late; no due dates will be extended. We will discuss Connect in detail on the first day of class.
Exam Policy: Four exams will be given during the semester, three regular exams and one
comprehensive final. The exams will test your ability to solve accounting problems and explain accounting
concepts. Your lowest exam score on the first three regular exams will be dropped. The comprehensive
final grade cannot be dropped. If you miss a regular exam, the missed exam will be used as your drop
grade. If you miss an exam due to a university sponsored event, you must make arrangements to make
up the exam with the instructor prior to the scheduled exam dat.
Class Project: A written project will be due during the semester. The project will include some
business/company research, such as evaluating a large corporation’s performance and financial position.
The project will include work in MS Word and MS Excel. The project will be graded on content, neatness,
and grammar.
Course Grade: The course grade is determined as follows:
3 Exams - 3 @ 100 each – 200pts (Drop Lowest of the three)
Final Exam – 1 @ 100 each - 100pts
Class Project - 1 @ 90 each – 90pts
12 Connect Homework - 12 @ 5 each – 60pts
450 points
90 to 100% = A; 80 - 89% = B; 70 - 79% = C; 60 - 69% = D; Below 60% = F.
Introduction to Managerial Accounting (ACCT 2133-007)
T-TH 2:00 – 3:15 BU224
Attendance: In keeping with University policy, students are required to attend classes. Students with
more than 4 absences may receive an “F” for their semester grade regardless of exam scores. University
sanctioned absences will be excused. This policy will be enforced and attendance will be taken every day
with a sign in sheet. It is your responsibility to make sure you sign the sheet. See the instructor if you
foresee problems with attendance.
Academic policies: Students who require academic adjustments in the classroom due to a disability
must first register with ASU Disability Services. Students with disabilities or special needs should contact
the instructor immediately after the first class in order to make any necessary accommodations. The
university policy concerning academic dishonesty will be followed. Electronic devices must be turned off
during class. Tardiness and behavior disruptive to fellow students is neither appreciated nor allowed.
Assignments and dates may be changed at the discretion of the instructor. Check your ASU email
regularly for class updates. Class slides and grades are available on Blackboard.
Date
1/21
1/23
1/28
1/30
2/4
2/6
2/11
2/13
2/18
2/20
2/25
2/27
Chapter
13
13
14
14
15
15
16
16
Topic
Homework and Class Notes
Class Introduction and Syllabus
Review of Financial Accounting
Analysis of Financial Statements
Introduce Class Project
Managerial Accounting Concepts
Review Financial Accounting
Read Ch13
Practice Quick Study Problems
HW 1 Due; Read Ch14
Practice Quick Study Problems
HW 2 Due; Prepare for Exam
Read Ch 15
Practice Quick Study Problems
HW 3 Due; Read Ch16
Practice Quick Study Problems
HW 4 Due; Read Ch17
Exam 1 – Fin Acct Review, Ch 13 & 14
Job Order Costing
Process Costing
No Class - Project on Analysis of Financial
Statements Due in Dropbox 11:00pm
3/4
3/6
3/11
3/13
3/18
3/20
3/25
3/27
17
17
4/1
19
4/3
4/8
4/10
4/15
4/17
4/22
19
20
20
21
21
4/24
4/29
5/1
5/6
22
23
24
Ch 22 - Select topics
Ch 23 - Select topics
Ch 24 - Select topics
No Class – University Study Day
HW 10 Due; Read Ch 23
HW 11 Due; Read Ch 24
HW 12 Due; Prep for Final
5/12
Monday
Comprehensive Final Exam – All MC
12:30 pm – 2:30 pm
18
18
Activity Based Costing
Exam 2 Study Session During Class
Exam 2 Ch 15, 16, 17
Cost Behavior and Analysis
Practice Quick Study Problems
HW 5 Due; Prepare for Exam
This is still class! Study Session!
Read Ch 18
Practice Quick Study Problems
HW 6 Due; Read Ch19
Spring Break – No Class
Spring Break – No Class
Variable Costing & Performance Reporting
Master Budgets and Performance Planning
Flexible Budgets & Standard Costs
Exam 3 Ch 18, 19, 20, 21
Practice Quick Study Problems
HW 7 Due; Read Ch20
Practice Quick Study Problems
HW 8 Due; Read Ch21
Practice Quick Study Problems
HW 9 Due; Study for Exam
Read Ch 22