Oakton Community College
Course Syllabus
Leslie A. W. Van Wolvelear, CPA, CGMA
Professor of Accounting
Office: DP 3618
Phone: (847) 376-3175
Email: lvanwolv@oakton.edu
Home Page: http://www.oakton.edu/~lvanwolv/homepage.htm
Spring 2016
I. Principles of Managerial Accounting
Course
Prefix
ACC
Course
Number
154
Course
Name
Principles of
Managerial Accounting
Credit:
4
Lecture:
4
Lab:
0
II. Prerequisite:
Recommended: ACC 153 or concurrent enrollment in ACC 153.
III. Course (Catalog) Description:
Course presents accounting information used for internal business management. Focus is on planning, controlling
and evaluating company performance. Content includes budgeting, job costing, product pricing, breakeven analysis,
standard costing, and decision models. Projects will be completed in Microsoft Excel. Prior experience with Excel
not required.
IV. Learning Objectives:
At the conclusion of this course, students will be able to:
 identify the roles of management and how accounting can inform management in the decision making process
 classify costs into categories, including product vs. period and then material, labor, or overhead for product
costs
 prepare statement of cost of goods manufactured, cost of goods sold, and income statement
 analyze, interpret and complete job-order cost accounting cycles
 identify purposes and methods of process costing cycles
 construct, analyze, and interpret activity-based costing as a decision-making tool
 construct, analyze and interpret cost-volume-profit relationships
 analyze and interpret relevant costs and product decisions
 formulate, interpret and complete a master budget
 evaluate performance of business segments using ROI and residual methods
 prepare a flexible budget, construct standard costs, and measure variances from standards
 construct, analyze and interpret decisions using present value method utilize Microsoft Excel to prepare
business models and aid in the decision making process.
V. Academic Integrity:
Students and employees at Oakton Community College are required to demonstrate academic integrity and follow
Oakton’s Code of Academic Conduct. This code prohibits:
• cheating,
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.
There are serious consequences to violations of the academic integrity policy. Oakton’s policies and procedures
provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the
minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the
office of the Vice President for Student Affairs for a period of 3 years.
Details of the Code of Academic Conduct can be found in the Student Handbook.
VI. Outline of Topics:
A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
L.
Introduction to Managerial Accounting
Building Blocks of Managerial Accounting
Job Costing
Introduction to Process Costing
Activity Based Costing
Cost Behavior
Cost-Volume-Profit Analysis
Relevant Costs for Short-Term Decisions
The Master Budget
Performance Evaluation
Standard Costs and Variances
Capital Investment Decisions and the Time Value of Money
This a general outline of the schedule of topics. This does not detail the due dates!
Week
Topic
Homework in MAL
1/20 W
Getting Acquainted
Meet in Computer Lab 3601DP
1/25 M
Chapter 1
S1-1, E1-12A, E1-13A, E1-14A, E1-17B, E1-19B
1/27 W
Chapter 2
2/01 M
Chapter 2
S2-6, S2-9, S2-16, E2-24A, E2-25A, E2-27A, E2-30B, E2-36B
2/03 W
Chapter 2 Excel lab
Meet in Computer Lab 3601DP
2/08 M
Chapter 3
2/10 W
Chapter 3
E3-16A, E3-18A, E3-20A, E3-24A, E3-26A, E3-28A, E3-38B
2/15 M
President's Day
holiday
2/17 W
Chapter 4
2/22 M
Chapter 4
S4-4, S4-6, S4-9, E4-17A, E4-18A, E4-21A, E4-28B, E4-29B
2/24 W
2/29 M
Chapter 4 Excel lab
Exam Review
Meet in Computer Lab 3601DP
3/02 W
3/07 M
Examination 1
Chapter 6
3/09 W
Chapter 7
3/14 - 3/20 Spring Recess
College Closed
S6-5, S6-18, E6-21A, E6-22A, E6-29A, E6-35A, E6-36A, E6-40B
E7-17A, E7-18A, E7-19A, E7-21A, E7-22A, E7-26A, E7-29A, E7-36A, E737A
College Closed
3/23 W
Chapter 6 & 7 Excel
Lab
Chapter 8
3/28 M
Exam Review
3/30 W
Examination 2
4/04 M
Chapter 9
4/06 W
Chapter 9
4/11 M
Master Budget Project Meet in Computer Lab 3601DP
S10-12, E10-17A, E10-18A, E10-20A, E10-22A, E10-24A, E10-29B, E10-32B,
Chapter 10
E10-33B
3/21 M
4/13 W
4/18 M
Chapter 11
4/20 W
Chapter 11
Meet in Computer Lab 3601DP
E8-17A, E8-21A, E8-25A, E8-29B, E8-35B, E8-38B, P8-46A
S9-10, E9-17A, E9-21A, E9-24A, E9-27A, E9-28A, E9-29A, E9-30A, E9-31A,
E9-47B
E11-16A, E11-17A, E11-18A, E11-19A, E11-20A, E11-21A, E11-22A, E1126A, E11-35B
4/27 W
Chapter 10 & 11 Excel
Meet in Computer Lab 3601DP
Lab
Chapter 12
5/02 M
Chapter 12
E12-18A, E12-19A, E12-21A, E12-26A, E12-27A, E12-28A, E12-29A, E1245B, E12-46B
5/04 W
Chapter 12 Excel lab
Meet in Computer Lab 3601DP
5/09 M
Exam Review
5/11 W
Examination 3
4/25 M
VII. Methods of Instruction:
General information

The suggested schedule for the semester is detailed in the Outline of Topics on the previous page.
See the Calendar tool in D2L for specific due dates.

The more you participate the more rewarding the class will be.
Be Proactive, not reactive!

The Checklist tool in D2L details the chapter graded assignments for the course.
There are also suggested chapter non-graded activities detailed.
Discussion Boards
There are 3 main discussion boards in the Discussions link:
1. Welcome - this is only used during the first week of class
2. General Course Questions - this is where you post all course related questions that are not chapter/content
specific
3. Chapter Questions - this is where you post chapter/content specific question
Homework

You will be completing the homework assignments in MyAccountingLab. The homework assignment
points count towards your final grade. You have 5 attempts to complete each homework assignment.

The MAL homework assignments are due by 10:45 am on the due date noted in the calendar.

The MAL homework assignments are accessible for 70% of the points after the due date as noted in the
calendar up through the exam covering the chapter material. No make-ups are allowed after the exam due
date.

The points earned in MyAccountingLab are manually updated in the D2L grades. I normally post grades
within 48 hours following the due date.
Chapter Quizzes
The chapter quizzes assess your understanding of the theoretical concepts.

The chapter quizzes are due by 10:45 am in D2L on the due date noted in the calendar.

Quizzes are not accessible after the due date as noted in the calendar. One (and only one) chapter quiz can
be made-up per term. You must send me an e-mail in D2L to request a make-up on a chapter quiz.
At the end of the term, the lowest quiz score is dropped when determining final grades.

You are allowed one attempt and 60 minutes to complete and submit each quiz. Each question is worth 0.50
points for a total of 10 points per quiz.

It is critical to your success to read the chapter in the textbook before attempting the chapter quizzes.
I also encourage you to refer to the textbook and your notes when completing the quizzes.

Do not attempt the quiz until you are ready to answer all the questions and submit for a grade! The
quizzes are graded by the software, so you should receive a grade immediately after submitting the quiz. You
must select "Save" for every question or your answer will not be recorded.

After submission, you will only be able to view the questions answered incorrectly. A complete list of
questions with a student response and the question answers will only be viewable after the due date.

There are Practice quizzes available for you as a supplemental activity. No points are awarded for
submitting these quizzes.
Projects
The projects assess your ability to apply the concepts learned to problems. You will be completing the
projects in Excel.

The projects are due by 10:45 am in D2L on the due date noted in the calendar.

The projects must be completed in Excel and submitted in the D2L Dropbox.

Any projects completed after the due date without prior approval will be reduced by 20% of the maximum
points.
Extra Credit
There are 2 ways to earn extra credit in this course:


Practice Examinations - You can earn up to 15 extra credits points by completing the three practice
examinations in MyAccountingLab. Each practice examination is
worth 5 extra credit points.
Quests - The chapter quests are an extra credit opportunity that are similar to the chapter quizzes. You are
not required to complete any quests.
Extra credit points possible:
Points earned
Extra Credit Points
7 - 7.5
0.5 point
8 - 8.5
1 point
9 - 9.5
1.5 point
10
2 points
11 chapters x 2 points each = 22 total extra credit points available
You are allowed 2 attempts for each quest. The extra credit earned will increase your quiz points up to a maximium
of 100% or 100 total points.
Badge designations - A badge is earned by completing the chapter quizzes and quests in the Quizzes/Exams tool in
D2L. Your highest score earned on the chapter quiz or quest will count. The mastery percentage will determine your
overall badge designation.
Badge levels based on total mastery:
Badge
Mastery
Staff Accountant
70% - 79%
Accounting Manager
80% - 89%
Chief Financial Officer
90% or greater
Your badge designation in available at the top of Grades in D2L.
Examinations

There are three examinations throughout the term completed in the classroom.

Any exam completed after the due date without prior approval will be reduced by 20% of the maximum
points.
VIII. Course Practices Required:
You can successfully complete this course!!
Follow these guidelines:

Read the assigned chapters in the textbook - reading the chapters twice is even better

Attend course lectures and complete in class activities

Be prepared to start class promptly - in class assignments missed can not be made up

Post general course and content/chapter questions in the appropriate Discussion board - I encourage
everyone to respond to questions posted

Complete the assignments in MyAccountingLab

Complete each chapters' quiz in D2L

Complete the Excel Projects

Complete the 3 examinations

Completing all assignments on time is crucial to your learning and success!

Do not wait until the last day to complete the assignments - Be Proactive, Not Reactive!

If you find yourself struggling with the content, I recommend you:
1. use the dynamic study modules in MyAccountingLab to assess your knowledge and review content material
you still need to practice
2. review the chapters resources in MyAccountingLab in the Multimedia Library
3. attend on campus tutoring - the tutoring schedule is available in D2L under Content - Oakton Student
Resources
4. contact me so we can discuss your situation and try to find resources that best fit your learning style
Communication
The preferred method of communication for this course is to use the D2L E-mail. If D2L is inaccessible, then and
only then are you to use my Oakton e-mail address. Ellucian GO mobile app, available through iTunes or the Google
Play Store will allow you to connect to the mobile version of D2L.
I recommend you login and check your D2L e-mail often (at least 2 to 3 times per week) for updates and changes
that may occur. I normally respond to e-mail communications within 24 hours.
IX. Instructional Materials:
We will be using two websites in this course:
Brightspace by D2L (D2L) is the course management system used by Oakton. D2L contains the syllabus, general
course information, course e-mail, quizzes, surveys, discussion board, dropbox for projects, and grades. You can
access D2L from your home through your Internet service provider. https://d2l.oakton.edu/
MyAccountingLab (MAL) contains the e-book, homework assignments, supplemental chapters resources, and the
examinations. http://www.myaccountinglab.com/
You will access MAL from the homepage in D2L. The Pearson's MyAccountingLab link is located under the News
item on the D2L homepage. Click on the MyAccountingLab Course Registration and Login link to begin the
registration process.
You need the following three items for this course:
1. Student Handout Packet - This is available in the Oakton Bookstore only!
2. Textbook - The Oakton bookstore has a custom publication that includes a hard copy of the textbook with
the MyAccountingLab access code for $112.60 with tax included. You are not required to purchase the hard
copy of the textbook, however many students learn better with a hard copy textbook. Note: We will be using the
textbook in class throughout the term!
Managerial Accounting: 4th Edition
Braun/Tietz, Pearson, 2015
ISBN: 978-0-13-342837-7
Oakton Bookstore Bundle ISBN: 978-1-269-74866-7
3. MyAccountingLab access code - If you prefer to purchase the MyAccountingLab access code directly online,
you should purchase "MyAccountingLab plus Full eText" for $130. There is a temporary 14-day access option.
You can purchase the textbook with the MyAccountingLab access code bundle from the Oakton bookstore
online at: http://www.bkstr.com/oaktonccstore/home
Note: Current textbook information for each course and section is available on Oakton's Schedule of Classes.
X. Methods of Evaluating Student Progress:
Note: The total points are subject to change during the term
Evaluation will be based on:
Points
The grading scale will be:
In Class Assignments
50
A = 92% - 100%
920 1,000 points
100
B = 82% - 91%
820 - 919 points
90
C = 70% - 81%
700 - 819 points
Projects
160
D = 60% - 69%
600 - 699 points
Examination 1
200
F = Below 59%
0 - 599 points
Examination 2
200
Examination 3
200
Quizzes
MyAccountingLab Homework
Total Points
1,000
Projects and Exams submitted after the deadline will be reduced by 20% of the maximum points.
XI. Other Course Information:
1. Attendance
Class requires student to take responsibility for obtaining instructional materials, completing course work,
participating in discussions, and taking the examinations. Student should contact the instructor e-mail or class
website regarding any problems meeting course requirements.
2. Code of Conduct
Refer to college catalog http://www.oakton.edu/about/instpubs/catalog15_16.pdf
3. Incomplete Grades
A student must have completed at least 60% of the required course work before an incomplete request will be
considered. It is the student's responsibility to initiate requests for an incomplete and to follow through with the
procedures to remove the Incomplete grade.
4. Tutoring
Tutoring is available through Instructional Support Services in Room 2400 at Des Plaines campus, and Room A-135
at Skokie Campus. http://www.oakton.edu/learn/tutoring.htm
5. Access and Disability Resource Center
If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic
accommodations or services. To request accommodations or services, contact the Access and Disability Resource
Center office at the Des Plaines or Skokie campus.
http://www.oakton.edu/studentservices/disability_services/index.php
All students are expected to fulfill essential course requirements. The college will not waive any essential skill or
requirement of a course or degree program.
6. Withdrawal Date
The last day to withdraw and have course dropped from record is Sunday, February 14th at noon.
The last day to withdraw from course with a "W" is Sunday, March 27th at noon.
7. Change class to Audit Status
The last day to change class to audit status is Tuesday, February 16th at noon.
8. Religious Holidays
Oakton Community College recognizes the broad diversity of religious beliefs of its constituencies. The college has
embraced a practice of shared responsibility in the event a religious observance interferes with class work or
assignments. Students who inform instructors in advance of an intended absence for a major religious observance
will not be penalized. The instructor will make reasonable accommodation for students, which may include providing
a make-up test, altering assignment dates, permitting a student to attend another section of the same course for a class
period or similar remedies. Instructors are not responsible for teaching material again.
9. Honors
Honors information can be obtained from: http://www.oakton.edu/acad/honors/index.htm
10. TRiO Student Support Services
TRiO Student Support Services information can be obtained from: http://www.oakton.edu/learn/triohome.htm