course syllabus
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m o d e l
instructor version
evening classes
MBA 601
Managerial Accounting
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Benedictine Hallmarks 2011-2012
STABILITY  STEWARDSHIP
IDEA
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course syllabus
Addresses the educational
needs of adult students by
developing and providing
engaging, relevant and
accelerated programs.
blended model
MBA 601
Enhances scholarship,
leadership skills, social
responsibility, and promotes
life-long learning.
Provides high-quality, easily
accessible educational
opportunities for adult
learners.
Enables adults to earn
specific undergraduate and
graduate degrees while
maintaining their personal and
professional commitments.
Managerial Accounting
instructor version
Develops new degree and
non-degree programs that
address the expressed needs of
the professional community.
content links index
about this document
about Moser College
about blended learning
hallmarks of a Benedictine education
student expectations
attendance policy
financial aid
submission of work
library resources
services for students with disabilities
Academic Honesty Policy
APA formatting and style
netiquette
course overview
required textbooks
grading scale
IDEA objectives
IDEA description
learning outcomes
course schedule
Moser College Mission
Statement: Moser College
embodies the values of respect,
excellence, collaboration, and
professionalism. We are
committed to delivering
innovative and dynamic
programs designed for adult
students who are dedicated to
enhancing their professional,
local, and global communities.
Moser College Vision
Statement: To be one of the
premier university colleges in
the nation.
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience
Discipline  Humility  Stewardship  Hospitality  Community
Benedictine
University
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about
expectations
Margaret and Harold Moser Center
1832 Centre Point Circle
Naperville, IL 60563
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course
overview
learning
outcomes
Phone: (630)schedule
829-6289&
IDEA
sessions
Fax: (630) 829-1375
moser college mission and vision
2
Content Links
Managerial Accounting | MBA 601
About Your Program at Benedictine University – Moser College
About This Document
This is a hypermedia document – it has been built to mimic navigation on the
web. This document can also be viewed as a presentation or it can be printed
like a traditional document. We use this sort of document because it allows for
navigation links (hyperlinks) to text, graphics, audio/video, and the web. This
type of document also allows you to navigate in a nontraditional, nonlinear way
– by following the page links you are not bound to read or flip through the
document in any sort of order. This is yet another example of Moser College’s
commitment to advancements in technology and blended learning.
About Moser College
The Moser College of Adult & Professional Studies delivers its curricular
programs in a specifically designed structure deliberately oriented for working,
adult learners. The Moser College is committed to providing a learning
environment which extends beyond the classroom and is designed specifically
to meet the needs of its students and their employers by bringing a quality
educational experience without requiring the student to relocate or travel
extensively beyond their home area. Benedictine University's Moser College of
Adult & Professional Studies is fully accredited by the Higher Learning
Commission of the North Central Association of Colleges and Schools*.
* web path
Benedictine Univ
Academic Programs
Moser College
About Blended Learning
Blended learning is the integration of different learning environments: mainly the
online format with the face-to-face format, but may also include mobile learning.
Blended learning, also referred to as hybrid learning, relies on both the advantages
of digital/technology innovation and the methods of face-to-face instruction. At
Moser College, we use blended learning by combining asynchronous online
classroom sessions with a face-to-face classroom environment. We alternate
between the online session and the face-to-face session in 5-week courses, with
the A session being face-to-face and the B session being online.
hallmarks of a Benedictine Education:
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
3
About
Managerial Accounting | MBA 601
The Ten Hallmarks of a Benedictine Education
A Benedictine Education
Based on the Rules of Saint Benedict, a Benedictine
Education is based on the Benedictine Wisdom
Tradition that sets as its goals the transformation of the
Human mind AND Heart and has at its foundation “The
Ten Hallmarks of a Benedictine Education”.
The Ten Hallmarks
Each academic year Moser College will be celebrating
two of the Hallmarks. This academic year 2011-2012,
the Hallmarks Stability and Stewardship have been
chosen. The ten hallmarks are:
1. Love of Christ and Neighbor
2. Prayer: a Life marked by liturgy, lection and
Mindfulness
3. Stability: commitment to the daily life of this place,
its heritage and tradition
4. Conversatio: the way of formation and
transformation
5. Obedience: a commitment to listening and
consequent action
6. Discipline: a way toward learning and freedom
7. Humility: knowledge of self in relation to God,
others and creation
8. Stewardship: responsible use of creation, culture
and the arts
9. Hospitality: openness to others
10. Community: call to serve the common good
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Portrait (1926) by Herman Nieg
(1849–1928); Heiligenkreuz Abbey, Austria
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
4
Hallmarks
Managerial Accounting | MBA 601
Student Expectations
Expectations of Students
In order to get the maximum use of the time available, it is expected that you
will:
•
Read the material to be covered in the class and complete required
assignments prior to attending the class/session;
•
Arrive/login to class/session prepared to participate actively;
•
Be prepared to actively participate in the collaborative activities of each
class/session; and
•
Always feel free to seek additional help from the instructor when the need
arises.
Attendance Policy
Students may not miss more than 25% of the live classroom sessions. Doing so
will result in an F for the course.
financial aid information
Submission of Work
All assignments are to be submitted into Desire 2 Learn (D2L) unless otherwise noted by instructor.
Assignments must be submitted by due date. Any assigned work submitted late for any unexcused
reason will receive a lowered grade. Please refer to your instructor’s late work policy located in D2L.
In the event that you miss an examination for due cause, arrangements must be made with the
instructor for a make-up examination. Important criteria concerning the submission of work:
•
Make-up examinations may differ from the original class examination.
•
Per University policy, assignments cannot be accepted by an instructor after the last day of the course.
•
Only discussions threads posted by 11:59 pm CST on the due date will count for grading purposes.
information concerning netiquette:
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
5
Expectations
Managerial Accounting | MBA 601
Financial Aid Information
Applying for Financial Aid
A college education is one of the largest financial investments a family will make. We believe that an education
from Benedictine University will provide valuable returns throughout a student's lifetime. The Office of Financial
Aid is dedicated to helping students and their families make a Benedictine University education affordable. We
view the process of financing an education as a partnership. Although the student and his/her family have primary
responsibility for meeting college costs, Benedictine University, as well as the federal and state governments have
a variety of financial aid programs available to students who need financial assistance.
Types of Financial Aid
Benedictine University's Office of Financial Aid administers a variety of federal, state
and institutional programs of student financial assistance. All financial aid recipients
must maintain satisfactory academic progress in accordance with the published,
"Satisfactory Academic Progress Policy for Financial Aid Recipients.“
•
After completing the financial aid application process, the student will receive a
financial aid award notification letter. The award letter will include the
program(s) that the student is eligible to receive and the award amount(s).
•
Grants/Scholarships - Grants and scholarships are considered to be gift
assistance. This means the awards do not have to be repaid.
•
Loans - Loans are considered to be a form of self-help assistance. Loan programs
provide funds for educational purposes and are paid back with interest.
•
Employment - Part-time jobs on campus are available to students through the
University and Federal Work-Study program. Students working on campus
receive a bi-weekly paycheck.
•
Applying for Financial Aid – All students applying for financial aid are asked to
complete the Free Application for Federal Student Aid (FAFSA).
FAFSA – Free Application for Federal Student Aid
The FAFSA is required for all federal, state (Illinois residents) and Benedictine University need-based assistance.
It should be completed as soon as possible after January 1st. Applying online with FAFSA on the Web at
www.fafsa.gov is faster and easier than using a paper FAFSA. Have your completed U.S. Federal Income Tax
returns readily available when completing the FAFSA. Include Benedictine University's school code:
001767 so the results of your FAFSA application will automatically be sent to our financial aid office. Sign you
FAFSA with a Federal Student Aid PIN. Apply for a PIN at www.pin.ed.gov. If you are providing parent
information, one parent must also sign you FAFSA.
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
6
Financial Aid
Managerial Accounting | MBA 601
About Netiquette
What is Netiquette?
"Netiquette" stands for "Internet Etiquette", and refers to the set of practices which help to make the online
experiences pleasant for all involved. As you might expect, netiquette, like other forms of etiquette, is about
courtesy, manners, codes of behavior, protocols and respect. Netiquette primarily focuses on how we interact with
one another online, by being aware of: our use of language, others’ cultural background, conventional norms, and
other behaviors. Below you will find guidelines concerning the basics of online interaction. If it isn’t something you
would say or do in the face-to-face classroom, it is probably inappropriate in the online class as well.
Netiquette Basics
1. Follow the Golden Rule (“One should treat others as one would like others to treat oneself”)
2. Be ethical, fair, tolerant and mindful of others – avoid stereotyping, judgment and prejudice
3. Know the boundaries of particular cyberspaces – what is acceptable in a text or chatroom with friends may
not be appropriate in a classroom or in an online conversation with an instructor
4. Respect the time of others by: 1) using descriptive subject lines, 2) resizing images for the web, 3) providing
links instead of copying and pasting content, 5) using white space by inserting blank lines between paragraphs
and headers and 6) limiting your use of attachments
5. Copy the minimum number of people – it is tempting to send “email” or “message blasts” because it is easier
for the poster, but it is not easier for the reader
Inappropriate Online Usage
1. Avoid “flaming” – flaming is sending offensive, insulting or criticizing messages. This happens more often
online then in face-to-face interaction, because there is an illusion of anonymity.
2. Flaming is neither productive nor appropriate for the learning environment
3. Always avoid flaming when it comes to content and opinions, but also avoid it when it comes to grammar,
punctuation and spelling corrections
4. Avoid using CAPS if possible and never type messages in ALL CAPS – this is considered yelling and is often
seen as a form of aggression
5. Use emoticons ( :) , :( , :-) ) sparingly and avoid the use of JK, BRB, LOL and other text language
Confidentiality and Privacy
1.
2.
3.
4.
Email, messaging and posting are forms of written record and are just as permanent as a letter or document
Do not publicize your own or others’ personal information (such as email, phone numbers, last names etc.)
Respect copyright and cite any and all sources
Do not expect that your communications are private, instead assume all communications are public
For more information please review Netiquette by Virginia Shea
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
7
Netiquette
Managerial Accounting | MBA 601
Resources for Success
Benedictine’s Library Resources
Benedictine University Libraries strive to provide the resources for all of your academic and research
needs. Providing access to over 120 databases, 200,000 books and eBooks, and helpful librarians 7
days a week, we are here to assist you in person and online.
The primary mission of the Benedictine University Library is to provide library resources and services
that support the Benedictine University community and meet its academic and research needs. To
support our mission, the Library has made provisions for all students to gain access to important
academic resources through the Benedictine Library Website. As you begin your academic journey
please take note of these key concepts that will affect that access:
•
Entry into academic databases and most Library resources must be made through the Benedictine
Library Website at www.ben.edu/library
•
Within one week of your official enrollment your patron information will be automatically entered
into the library system, where once entered, you will be able to check out books and access
databases
•
When off-campus you will be prompted by authentication software (a proxy server) to provide
your Library ID number and last name to access article databases and request books. This software
proxy server confirms that you are a current Benedictine University student and thus allowed
access
•
Your Library ID number is a combination of the Benedictine Library prefix 2281100 and your
seven-digit student ID number (also called your “b” number). Thus 2281100XXXXXXX is
the Library ID number with X’s being the seven digit student number. This number is prominently
located just below the barcode on your Benedictine ID card
•
For further information on any aspect of Library resources and access please call or write the
Benedictine Library Reference Desk at 630-829-6057 or libref@ben.edu. Please take note of
Library hours and staff directory located on the Library Website under About the Library and feel
free to contact us about any concern or need you might have
additional resources for student success:
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
8
Library
Managerial Accounting | MBA 601
Resources for Success
University Academic Honesty Policy
The search for truth and the dissemination of knowledge are the central missions of a university.
Benedictine University pursues these missions in an environment guided by our Roman Catholic
tradition and our Benedictine Heritage. Integrity and honesty are therefore expected of all University
students. Actions such as cheating, plagiarism, collusion, fabrication, forgery, falsification,
destruction, multiple submission, solicitation, and misrepresentation are violations of these
expectations and constitute unacceptable behavior in the University community.
To access the complete Academic Honesty Policy, which includes student responsibility, responsibility
and authority of faculty, violations, reporting and communicating, responsibilities of the provost,
appeals, composition of the academic appeals board, procedures of the academic appeals board, and
records, please select the following link: www.ben.edu/ahp
APA Formatting and Style
All course assignments must use APA citation and formatting. This is a
mandatory requirement for all assignments, including discussions, if a
publication or other work is being referenced. For more information on
APA, please see the APA Style section at the website of the American
Psychological Association, linked here: www.apa.org/
APA resources for students: www.apa.org/about/students.aspx
Services for Students with Disabilities
Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act (ADA) of 1990
prohibit discrimination against individuals with disabilities by standing provision of reasonable
accommodations to make programs and activities accessible to qualified individuals with disabilities.
If you have a documented learning, psychological, or physical disability, you may be eligible for
reasonable academic accommodations or services. To request accommodations or services, please
contact the Student Success Center, Krasa Center - 012A, 630-829-6340. All students are expected to
fulfill essential course requirements. The University will not waive any essential skill or requirement
of a course or degree program.
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9
Other Resources
Managerial Accounting | MBA 601
Individual Development and Educational Assessment
IDEA Objectives
•
Acquiring skills in working with others as a member of a team.
•
Developing creative capacities (writing, inventing, designing,
performing in art, music, drama, etc.)
•
Gaining a broader understanding and appreciation of intellectual/
cultural activity (music, science, literature, etc.)
•
Developing skill in expressing oneself orally or in writing.
•
Learning how to find and use resources for answering questions or
solving problems.
•
Developing a clearer understanding of, and commitment to, personal
values.
•
Learning to analyze and critically evaluate ideas, arguments, and
points of view.
•
Acquiring an interest in learning more by asking questions and
seeking answers.
IDEA Description
The IDEA student survey focuses on the instructor’s learning objectives for the course and on the
progress each student made toward achieving those objectives. By answering thoughtfully and
honestly, your ratings and comments will be much more helpful – to the instructor, the department
chair, and the dean of the college. As students, you should also know that student ratings and
comments have been used to help evaluate courses and to improve the educational experience at
Benedictine University. The appropriate standard of conduct with respect to student surveys is
thoughtful comments and constructive criticism – respectfully communicated.
A Focus on Learning
“The IDEA Student Ratings system looks at instruction in terms of its endgame. Rather than
emphasizing teaching style or personality, the IDEA system focuses on student learning and the
methods used to facilitate it.” – from the IDEA website: www.theideacenter.org/node/5
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
10
IDEA
Managerial Accounting | MBA 601
Faculty Evening Course Overview
Course Description
This course introduces the measurement, communication, and interpretation of cost data for
management decision-making, planning, control, and evaluation of results. Students are shown how to
use accounting information as an effective management tool for coordinating managerial activities.
Course material is explored in the context of the extensive changes being implemented in the area of
manufacturing, service delivery technologies, and control systems. This course uses case studies to
emphasize the application of concepts
Course Materials
Required Textbook and Materials
Crosson, Susan V. & Needles, Belverd E. Jr. (2014). Managerial Accounting (10th ed.). Mason, OH:
South-Western, Cengage Learning. ISBN 9781133940609
Technological Computer Requirements
Students in the Blended program will need: High-speed Internet access; a sound card and speakers;
Windows XP (minimum)/Windows 7 (recommended) or Mac OS X 10.5 or higher; and Firefox 3.6 or
higher. It is also highly recommended that students have access to a microphone or webcam for
optional audio/videoconferencing.
Discussion Forum Guidelines
The Course Grading Scale
A
=
4.00
90 - 100%
EXCELLENT
B
=
3.00
80 – 89%
GOOD
C
=
2.00
70 – 79%
SATISFACTORY
D
=
1.00
60 – 69%
PASS
F
=
0.00
BELOW 60%
FAIL
I
=
INC
INCOMPLETE
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To receive a minimum passing grade, students must
make a post to each discussion question for that
week by day 4 of each week and respond to at least
two other postings by the end of the week. Individual
Posts are worth up to 5 points and the total
Response Posts are worth up to 5 points total. Each
discussion will total up to 10 points.
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
11
Course Overview
Managerial Accounting | MBA 601
Faculty Evening Course Outcomes Based in Bloom’s Taxonomy
Wk
Bloom’s
Level
Learning Objective
Benedictine Hallmark
and/or IDEA Objective
Assignment
Pts
1A
2Understanding
Explain how managers use a
process costing system to
produce business results
IDEA 1 – Gaining factual knowledge
In-class group PBL (steps 1-8)
assignment on process costing
10 pts
1B
2Understanding
Explain how the design of a
job costing system can
impact the productivity of a
company
IDEA 2 – Learning fundamental
principles
Discussion topic on job costing –
post and two responses in D2L
10 pts
6 - Creating
Construct product cost
records using job order and
process costing
methodologies
IDEA 3 – Learning to apply course
material
Individual homework assignment
– chapter problems, Chapters 1-3
10 pts
Hallmark: Discipline
2A
5 - Evaluating
Compare activity based
costing to traditional costing
IDEA 4 – Developing specific skills
In-class group PBL (steps 1-8)
assignment on ABM and activitybased costing
10 pts
2B
4 - Analyzing
Contrast a traditional
inventory system to a just in
time (JIT) inventory system
IDEA 4 – Developing specific skills
Discussion topic on just in time
(JIT) – post and two responses in
D2L
10 pts
6 - Creating
Construct product cost
records using activity-based
costing
IDEA 3 – Learning to apply course
material
Individual homework assignment
– chapter problems, Chapters 4-6
10 pts
2Understanding
Illustrate cost accounting
concepts
IDEA 2 – Leaning fundamental
principles
Test 1, covering Chapters 1-6
60 pts
5 - Evaluating
Evaluate direct materials
and direct labor variances
IDEA 3 – Learning to apply course
materials
In-class group PBL (steps 1-8)
assignment on variances
10 pts
6 - Creating
Design a performance
measurement matrix for a
manufacturing company and
for a service company
IDEA 3 – Learning to apply course
materials
Discussion topic on performance
management – post and two
responses in D2L
10 pts
5 - Evaluating
Measure the profitability of
decentralized business
segments
IDEA 3 – Learning to apply course
materials
Individual homework assignment
– chapter problems, Chapters 7-8
10 pts
3A
3B
about Bloom’s Taxonomy
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
12
Learning Outcomes
Managerial Accounting | MBA 601
Faculty Evening Course Outcomes Based in Bloom’s Taxonomy
Wk
Bloom’s
Level
Learning Objective
Benedictine Hallmark
and/or IDEA Objective
Assignment
Pts
4A
4 – Analyzing
Analyze capital investment
proposals and make a
recommendation
IDEA 4 – Developing specific skills
In-class group PBL (steps 1-8)
assignment on capital
investment decision
10 pts
4B
4 - Analyzing
Compare incentive plan
approaches in manufacturing
companies versus service
companies
IDEA 11 – Learning to analyze and
critically evaluate ideas
Discussion topic on sales mix –
post and two responses in D2L
10 pts
4 - Analyzing
Analyze the effectiveness of
short-run decision models
IDEA 4 – Developing specific skills
Individual homework assignment
– chapter problems, Chapters 910
10 pts
5A
5 - Evaluating
Evaluate the nature of costs
in a given business situation
and identify the business
drivers behind those costs
IDEA 4 – Developing specific skills
In-class group PBL (steps 1-8)
assignment on interpreting
measures of quality
10 pts
5B
5 - Evaluating
Recommend a capital
budgeting approach for a
company
IDEA 4 – Developing specific skills
Discussion topic on capital
investment decisions – post and
two responses in D2L
10 pts
6 - Creating
Develop prices using costbased pricing methods
IDEA 3 – Learning to apply course
materials
Individual homework assignment
– chapter problems, Chapters 1112
5 - Evaluating
Evaluate capital budget
alternatives and apply
managerial accounting
concepts to management
decision making
IDEA 4 – Developing specific skills
Test 2, covering Chapters 7-12
60 pts
3 - Applying
Apply financial ratio analysis
in a comprehensive
evaluation of a company’s
financial performance
IDEA 3 – Learning to apply course
materials
In-class group PBL (steps 1-8)
assignment on ratio analysis
10 pts
2Understanding
Explain the benefits and
pitfalls of ratio and trend
analysis
IDEA 11 – Learning to analyze and
critically evaluate ideas
Discussion topic on ratio and
trend analysis – post and two
responses in D2L
10 pts
Apply key types of financial
performance measurement
tools to analyze financial
statements
IDEA 3 – Learning to apply course
materials
Individual homework assignment
– chapter problems, Chapters 1314
10 pts
6A
6B
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
13
Learning Outcomes
Managerial Accounting | MBA 601
Faculty Evening Course Outcomes Based in Bloom’s Taxonomy
Total Points for the Course
Discussion Questions in D2L
10 points each x 6
= 60 points
20% of the total points
Individual Homework
Assignments - Chapter
Problems
10 points each x 6
= 60 points
20% of the total points
In-class Group PBL
Assignments
10 points each x 6
= 60 points
20% of the total points
In-class Tests (provided by
the instructor)
60 points each x 2
= 120 points
40% of the total points
Total Points for the Course
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= 300 points
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
14
Learning Outcomes
Managerial Accounting | MBA 601
Faculty Evening Course Schedule
Session
Loc.
Class Title
Assignments
01 A
F2F
Managerial Accounting
and Cost Concepts, Job
Order Costing and
Process Costing
Systems
•
Managerial Accounting
and Cost Concepts, Job
Order Costing and
Process Costing
Systems
•
•
Discussion topic on job costing, post and two responses in D2L
before start of Session 2A.
Individual homework assignment – chapter problems from
Chapters 1-3 due in D2L dropbox before start of Session 2A.
Read Chapters 4-6 before start of Session 2A.
01 B
online
•
•
•
•
•
No pre-assignment for Session 1A. Instructor will review
Chapters 1-3 in class.
In-class practice problems from Chapters 1-3.
Review of Problem Based Learning Approach (PBL).
Team formation.
Group PBL activity on process costing.
02 A
F2F
Activity-Based Costing,
Cost-Volume-Profit
Analysis and The
Budgeting Process
•
•
•
Review solutions to homework problems from Chapters 1-3.
In-class practice problems from Chapters 4-6.
Group PBL activity on ABM and activity-based costing.
02 B
online
Activity-Based Costing,
Cost-Volume-Profit
Analysis and The
Budgeting Process
•
•
Discussion topic on just in time (JIT), post and two responses in
D2L before start of Session 3A.
Individual homework assignment – chapter problems from
Chapters 4-6 due in D2L dropbox before start of Session 3A.
Read Chapters 7-8 before start of Session 3A
•
03 A
F2F
Flexible Budgets,
Performance Analysis,
Standard Costing and
Variance Analysis
•
•
•
•
Review solutions to homework problems from Chapters 4-6.
In-class Test 1 on Chapters 1-6 (provided by the instructor).
In-class practice problems from Chapters 7-8.
Group PBL activity on variances.
03 B
online
Flexible Budgets,
Performance Analysis,
Standard Costing and
Variance Analysis
•
Discussion topic on performance management, post and two
responses in D2L before start of Session 4A.
Individual homework assignment – chapter problems from
Chapters 7-8 due in D2L dropbox before start of Session 4A.
Read Chapters 9-10 before start of Session 3A.
•
•
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15
Course Schedule
Managerial Accounting | MBA 601
Faculty Evening Course Schedule
Session
Loc.
Class Title
Assignments
04 A
F2F
Short-Run Decision
Analysis and Capital
Investment Analysis
•
•
•
Review solutions to homework problems from Chapters 7-8.
In-class practice problems from Chapters 9-10.
Group PBL activity on capital investment decision.
04 B
online
Short-Run Decision
Analysis and Capital
Investment Analysis
•
•
Discussion topic on sales mix, post and two responses in D2L
before start of Session 5A.
Individual homework assignment – chapter problems from
Chapters 9-10 due in D2L dropbox before start of Session 5A.
Read Chapters 11-12 before start of Session 5A.
•
05 A
F2F
Pricing Decisions, Quality
Management and
Measurement
•
•
•
Review solutions to homework problems from Chapters 9-10.
In-class practice problems from Chapters 11-12.
Group PBL activity on interpreting measures of quality.
05 B
online
Pricing Decisions, Quality
Management and
Measurement
•
•
Discussion topic on capital investment decisions, post and
two responses in D2L before start of Session 6A.
Individual homework assignment – chapter problems from
Chapters 11-12 due in D2L dropbox before start of Session 6A.
Read Chapters 13-14 before start of Session 6A
•
06 A
F2F
Statement of Cash Flows
and Financial Statement
Analysis
•
•
•
•
Review solutions to homework problems from Chapters 11-12
In-class Test 1 on Chapters 7-12 (provided by the instructor).
In-class practice problems from Chapters 13-14.
Group PBL activity on ratio analysis.
06 B
online
Statement of Cash Flows
and Financial Statement
Analysis
•
Discussion topic on ratio and trend analysis, post and two
responses in D2L by end of Session 6B.
Individual homework assignment – chapter problems from
Chapters 13-14 due in D2L dropbox by end of Session 6B.
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•
course
overview
learning
outcomes
IDEA
schedule &
sessions
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16
Course Schedule
Managerial Accounting | MBA 601
Faculty Evening Session 1A
Learning Objectives
By the end of the week the learner should be able to:
1. Distinguish managerial accounting from financial accounting.
2. Describe the flow of costs through a manufacturer’s inventory accounts.
3. Compute the unit cost of a product or service.
4. Distinguish between the two basic types of product costing systems, and identify the information that each provides.
5. Explain the cost flow in a manufacturer’s job order costing systems.
6. Explain cost allocation, and describe how allocating overhead cost figures into calculating product or service unit cost.
7. Describe a process costing system.
8. Describe equivalent production, and compute equivalent units.
9. Prepare a process cost report using the FIFO and average cost methods.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
GROUP ACTIVITIES
Reading
No pre-class reading. Instructor will review Chapters 1-3 in
class.
Team Formation
Give the students some time to organize into teams of 3 to
4 students. Encourage them to form new groups with fresh
and varied skill sets to offset and assist others that need
help.
In Class Activities
• Review the course syllabus and syllabus companion.
Ensure students understand deliverables and due dates.
• Discuss key concepts from Chapters 1, 2 and 3. Use the
“TriLevel Problem” at the end of each chapter to guide
the discussion. Be sure to cover:
- How costs are recognized and defined.
- How product costs are determined.
- How managerial accounting facilitates the
management process.
- When a job order costing system is appropriate.
- How does a product costing system account for costs
when made-to-order products or services are
produced.
- How does a job order costing system help managers
organizes and control costs.
- When is a process costing system appropriate.
- How does a product costing system account for costs
when identical products or services are produced.
- How does a process costing system help managers
organize and control costs.
Problem Based Learning (PBL) Approach
Students have used the PBL approach in prior classes, but
they may need a refresher in the steps. Use the link in D2L
to walk the students through the steps.
PBL Activity: Process Costing
Have the students work in their teams, following the PBL
steps to solve Case C4 “Interpreting Managerial Reports:
Setting a Selling Price” on page 120. Check in on each
team periodically to make sure they are following the PBL
steps correctly.
In Class Assignment
Have the students individually work on selected problems
from Chapters 1, 2 and 3. Give the students an appropriate
amount of time to work on their own, then walk through the
solution to each problem on the whiteboard.
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sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
17
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 1B
Learning Objectives
By the end of the week the learner should be able to:
1. Distinguish managerial accounting from financial accounting.
2. Describe the flow of costs through a manufacturer’s inventory accounts.
3. Compute the unit cost of a product or service.
4. Distinguish between the two basic types of product costing systems, and identify the information that each provides.
5. Explain the cost flow in a manufacturer’s job order costing systems.
6. Explain cost allocation, and describe how allocating overhead cost figures into calculating product or service unit cost.
7. Describe a process costing system.
8. Describe equivalent production, and compute equivalent units.
9. Prepare a process cost report using the FIFO and average cost methods.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
DELIVERABLES
Discussion Question
Individual Written Assignment (due before Session “2A”
week)
In D2L follow the link under Discussion 1 – Job Costing.
Facilitate the conversation on real-world applications.
Ensure students are following netiquette and are not using
the forum as a text message forum. Ideas and responses
should be well articulated.
The initial post must be made mid week, and the response
posts must be made prior to the start of the Session 2A
week.
Prepare a written response to the following chapter
problems:
• Chapter 1, Exercise E8A on page 33
• Chapter 2, Exercise E6A on page 70
• Chapter 2, Exercise E8A on page 71
• Chapter 3, Short Exercise SE8 on page 110
• Chapter 3, Exercise E1A on page 111
Upload your solution to the Dropbox in D2L.
Multimedia (suggested materials)
Suggest that students use the following YouTube video as
a review to help them with the homework problems:
Process Costing 1 – Cost Flows by Susan Crosson
http://www.youtube.com/watch?v=sP_CR8zR8f8&list=PL8
C2A9E831B037821&index=26
Reading Assignment (due before Session “2A” week)
•
•
•
Chapter 4 “Value-Based Systems: Activity-Based
Costing and Lean Accounting”
Chapter 5 “Cost-Volume-Profit Analysis”
Chapter 6 “The Budgeting Process”
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18
Session 1B
Managerial Accounting | MBA 601
Faculty Evening Session 2A
Learning Objectives
By the end of the week the learner should be able to:
1. Define activity –based costing, and explain how a cost hierarchy and a bill of activities are used.
2. Define the elements of a lean operation, and identify the changes in inventory management that result when a firm
adopts its just-in-time operating philosophy.
3. Define cost behavior, and identify variable, fixed, and mixed costs.
4. Perform cost-volume-profit analysis.
5. Define breakeven point, and use contribution margin to determine a company’s breakeven point for multiple products.
6. Define budgeting and describe how it relates to the concepts of comparability and understandability.
7. Identify the elements of a master budget in different types of organizations and the guidelines for preparing budgets.
8. Prepare a budgeted income statement, a cash budget, and a budgeted balance sheet.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
INDIVIDUAL ACTIVITIES (continued)
Reading
Students should have read Chapters 4-6 prior to class.
In Class Assignment
Have the students individually work on selected problems
from Chapters 4, 5 and 6. Give the students an appropriate
amount of time to work on their own, then walk through the
solution to each problem on the whiteboard.
In Class Activities
• Review the solutions the individual homework
assignment.
• Discuss key concepts from Chapters 4, 5 and 6. Use the
“TriLevel Problem” at the end of each chapter to guide
the discussion. Be sure to cover:
- What underlying accounting concepts support the
use of value-based systems like activity-based
management.
- How can activity-based costing help businesses
improve processes and eliminate waste.
- How can managers plan to remain competitive in a
challenging business environment.
- Why is cost-volume-profit analysis useful for the
purposes of comparability and understanding.
- How do managers decide which products and
services to offer.
- How can managers use cost behavior analysis to
improve business performance.
- What concepts underlie the usefulness of the
budgeting process.
- How does the budgeting process translate long-term
goals into operating objectives.
- Why are budgets and essential part of planning,
controlling, evaluating, and reporting on business.
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GROUP ACTIVITIES
PBL Activity: ABM and Activity-Based Costing
Have the students work in their teams, following the PBL
steps to solve Case C1 “ABM and ABC in a Service
Business” on page 159. Check in on each team periodically
to make sure they are following the PBL steps correctly.
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
19
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 2B
Learning Objectives
By the end of the week the learner should be able to:
1. Define activity –based costing, and explain how a cost hierarchy and a bill of activities are used.
2. Define the elements of a lean operation, and identify the changes in inventory management that result when a firm
adopts its just-in-time operating philosophy.
3. Define cost behavior, and identify variable, fixed, and mixed costs.
4. Perform cost-volume-profit analysis.
5. Define breakeven point, and use contribution margin to determine a company’s breakeven point for multiple products.
6. Define budgeting and describe how it relates to the concepts of comparability and understandability.
7. Identify the elements of a master budget in different types of organizations and the guidelines for preparing budgets.
8. Prepare a budgeted income statement, a cash budget, and a budgeted balance sheet.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
DELIVERABLES
Discussion Question
Individual Written Assignment (due before Session “3A”
week)
In D2L follow the link under Discussion 2 – Just In Time
Inventory (JIT). Facilitate the conversation on real-world
applications. Ensure students are following netiquette and
are not using the forum as a text message forum. Ideas
and responses should be well articulated.
Prepare a written response to the following chapter
problems:
• Chapter 4, Short Exercise SE2 on page 146
• Chapter 5, Exercise E10A on page 189
• Chapter 6, Exercise E12A on page 230
The initial post must be made mid week, and the response
posts must be made prior to the start of the Session 3A
week.
Upload your solution to the Dropbox in D2L.
Multimedia (suggested materials)
Suggest that students use the following YouTube video as
a review to help them with the homework problems:
Budgeting Process 1 – Overview by Susan Crosson
http://www.youtube.com/watch?v=CMvYWi8EMeE&list=PL
8C2A9E831B037821&index=52
Reading Assignment (due before Session “3A” week)
•
•
Chapter 7 “Flexible Budgets and Performance Analysis”
Chapter 8 “Standard Costing and Variance Analysis”
Study for Test 1, which will be given at the beginning of
class 3A, and will cover the material from Chapters 1 – 6.
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sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
20
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 3A
Learning Objectives
By the end of the week the learner should be able to:
1. Use flexible budgets and variable costing to analyze cost center and profit center performance.
2. Analyze investment centers using return on investment, residual income, and economic value added.
3. Describe how the balanced scorecard aligns performance with organizational goals.
4. Define standard costs and explain why standard costing is useful.
5. Compute standard unit costs, and describe the role of flexible budgets in variance analysis to control costs.
6. Compute and analyze direct material, direct labor and overhead variances.
7. Explain how variances are used to evaluate a business’s performance.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
INDIVIDUAL ACTIVITIES (continued)
Assessment
• Have the students complete a test on Chapters 1 – 6..
Instructors should select 1 or 2 problems from each
chapter, for a total of 10 problems.
• After all students have completed the test, review the
answers on the whiteboard.
• Time permitting, grade the test while the students are
working on activities and return the graded test to the
students at the end of class.
In Class Assignment
Have the students individually work on selected problems
from Chapters 7 and 8. Give the students an appropriate
amount of time to work on their own, then walk through the
solution to each problem on the whiteboard.
Reading
Students should have read Chapters 7 and 8 prior to class.
In Class Activities
• Review the solutions the individual homework
assignment.
• Discuss key concepts from Chapters 7 and 8. Use the
“TriLevel Problem” at the end of each chapter to guide
the discussion. Be sure to cover:
- What concepts guide managers when they evaluate
performance.
- How will managers use flexible budgets and other
performance measures.
- How can managers achieve a balanced view of a
business’s well-being.
- Why is standard costing and variance analysis
useful.
- How can managers evaluate the performance of a
company’s cost centers.
- Why does the setting of standards help managers
control costs and improve performance.
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GROUP ACTIVITIES
PBL Activity: Variances
Have the students work in their teams, following the PBL
steps to solve Problem P2 “Direct Materials and Direct
Labor Variances” on page 323. Check in on each team
periodically to make sure they are following the PBL steps
correctly.
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
21
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 3B
Learning Objectives
By the end of the week the learner should be able to:
1. Use flexible budgets and variable costing to analyze cost center and profit center performance.
2. Analyze investment centers using return on investment, residual income, and economic value added.
3. Describe how the balanced scorecard aligns performance with organizational goals.
4. Define standard costs and explain why standard costing is useful.
5. Compute standard unit costs, and describe the role of flexible budgets in variance analysis to control costs.
6. Compute and analyze direct material, direct labor and overhead variances.
7. Explain how variances are used to evaluate a business’s performance.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
DELIVERABLES
Discussion Question
Individual Written Assignment (due before Session “4A”
week)
In D2L follow the link under Discussion 3 – Performance
Management. Facilitate the conversation on real-world
applications. Ensure students are following netiquette and
are not using the forum as a text message forum. Ideas
and responses should be well articulated.
The initial post must be made mid week, and the response
posts must be made prior to the start of the Session 4A
week.
Prepare a written response to the following chapter
problems:
• Chapter 7, Exercise E6A on page 275
• Chapter 7, Exercise E11A on page 276
• Chapter 8, Short Exercise SE6 on page 319
• Chapter 8, Short Exercise SE9 on page 320
Upload your solution to the Dropbox in D2L.
Multimedia (suggested materials)
Suggest that students use the following YouTube video as
a review to help them with the homework problems:
Standard Costing 5 – Fixed Overhead Variances by Susan
Crosson
http://www.youtube.com/watch?v=VHUIBqTLSj4&list=PL8
C2A9E831B037821&index=74
Reading Assignment (due before Session “4A” week)
•
•
Chapter 9 “Short-Run Decision Analysis”
Chapter 10 “Capital Investment Analysis”
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
22
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 4A
Learning Objectives
By the end of the week the learner should be able to:
1. Describe how the concept of cost-benefit is useful when making short-run decisions.
2. Perform incremental analysis for outsourcing decisions.
3. Perform incremental analysis for special order decisions.
4. Perform incremental analysis for segment profitability decisions.
5. Define capital investment analysis, and state why the concept of cost-benefit is important when making long-term
investment decisions.
6. Identify the types of projected costs and revenues used to evaluate alternatives for capital investment.
7. Analyze capital investment proposals using the net present value method.
8. Analyze capital investment proposals using the payback period method and the accounting rate of return method.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
INDIVIDUAL ACTIVITIES (continued)
Reading
Students should have read Chapters 9 and 10 prior to
class.
In Class Assignment
Have the students individually work on selected problems
from Chapters 9 and 10. Give the students an appropriate
amount of time to work on their own, then walk through the
solution to each problem on the whiteboard.
In Class Activities
• Review the solutions the individual homework
assignment.
• Discuss key concepts from Chapters 9 and 10. Use the
“TriLevel Problem” at the end of each chapter to guide
the discussion. Be sure to cover:
- Why is the concept of cost-benefit important when
making short-run decisions.
- How does incremental analysis ensure a wise
allocation of resources involved in short-run
decisions.
- How can incremental analysis help managers
improve performance and take advantage of
business opportunities.
- Why is the concept of cost-benefit important when
making capital budget decisions.
- How does capital budgeting ensure a wise allocation
of resources and minimize the risks involved in longrun decisions.
- Why is capital investment analysis critical for the
business performance of a company.
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GROUP ACTIVITIES
PBL Activity: Capital Investment Decision
Have the students work in their teams, following the PBL
steps to solve problem P4 “Capital Investment Decision:
Comprehensive” on page 387. Check in on each team
periodically to make sure they are following the PBL steps
correctly.
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
23
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 4B
Learning Objectives
By the end of the week the learner should be able to:
1. Describe how the concept of cost-benefit is useful when making short-run decisions.
2. Perform incremental analysis for outsourcing decisions.
3. Perform incremental analysis for special order decisions.
4. Perform incremental analysis for segment profitability decisions.
5. Define capital investment analysis, and state why the concept of cost-benefit is important when making long-term
investment decisions.
6. Identify the types of projected costs and revenues used to evaluate alternatives for capital investment.
7. Analyze capital investment proposals using the net present value method.
8. Analyze capital investment proposals using the payback period method and the accounting rate of return method.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
DELIVERABLES
Discussion Question
Individual Written Assignment (due before Session “5A”
week)
In D2L follow the link under Discussion 4 – Sales Mix.
Facilitate the conversation on real-world applications.
Ensure students are following netiquette and are not using
the forum as a text message forum. Ideas and responses
should be well articulated.
Prepare a written response to the following chapter
problems:
• Chapter 9, Short Exercise SE7 on page 352
• Chapter 9, Short Exercise SE8 on page 352
• Chapter 10, Short Exercise SE3 on page 382
The initial post must be made mid week, and the response
posts must be made prior to the start of the Session 5A
week.
Upload your solution to the Dropbox in D2L.
Multimedia (suggested materials)
Suggest that students use the following YouTube video as
a review to help them with the homework problems:
Short Run Decision Analysis 5 – Segment Decisions by
Susan Crosson
http://www.youtube.com/watch?v=XYsmT8Ae08&list=PL8C2A9E831B037821&index=80
Reading Assignment (due before Session “5A” week)
•
•
Chapter 11 “Pricing Decisions, Including Target Costing
and Transfer Pricing”
Chapter 12 “Quality Management and Measurement”
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sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
24
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 5A
Learning Objectives
By the end of the week the learner should be able to:
1. Explain how the pricing of goods and services relates to the concept of revenue recognition.
2. Used cost-based pricing methods to develop prices.
3. Describe how transfer pricing is used for transferring goods and services and evaluating performance within a division
or segment.
4. Discuss quality and how it relates to the accounting concepts of relevance and understandability.
5. Use measures of quality to evaluate operating performance.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
INDIVIDUAL ACTIVITIES (continued)
Reading
Students should have read Chapters 11 and 12 prior to
class.
In Class Assignment
Have the students individually work on selected problems
from Chapters 11 and 12. Give the students an appropriate
amount of time to work on their own, then walk through the
solution to each problem on the whiteboard.
In Class Activities
• Review the solutions the individual homework
assignment.
• Discuss key concepts from Chapters 11 and 12. Use the
“TriLevel Problem” at the end of each chapter to guide
the discussion. Be sure to cover:
- How pricing and the concept of revenue recognition
are related.
- How do companies determine the price of products.
- How does managerial accounting help managers
with pricing decisions.
- What underlying accounting concepts support quality
management and measurements.
- What measures of quality can be used to evaluate
operating performance.
- Why does quality help managers improve company
performance and maintain a competitive edge.
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GROUP ACTIVITIES
PBL Activity: Interpreting Measures of Quality
Have the students work in their teams, following the PBL
steps to solve problem P8 “Interpreting Measures of
Quality” on page 465. Check in on each team periodically
to make sure they are following the PBL steps correctly.
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
25
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 5B
Learning Objectives
By the end of the week the learner should be able to:
1. Explain how the pricing of goods and services relates to the concept of revenue recognition.
2. Used cost-based pricing methods to develop prices.
3. Describe how transfer pricing is used for transferring goods and services and evaluating performance within a division
or segment.
4. Discuss quality and how it relates to the accounting concepts of relevance and understandability.
5. Use measures of quality to evaluate operating performance.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
DELIVERABLES
Discussion Question
Individual Written Assignment (due before Session “6A”
week)
In D2L follow the link under Discussion 5 – Capital
Investment Decisions. Facilitate the conversation on realworld applications. Ensure students are following netiquette
and are not using the forum as a text message forum.
Ideas and responses should be well articulated.
The initial post must be made mid week, and the response
posts must be made prior to the start of the Session 6A
week.
Prepare a written response to the following chapter
problems:
• Chapter 11, Exercise E3A on page 420
• Chapter 11, Exercise E7A on page 421
• Chapter 12, Short Exercise SE5 on page 455
• Chapter 12, Exercise E8A on page 459
Upload your solution to the Dropbox in D2L.
Multimedia (suggested materials)
Suggest that students use the following YouTube video as
a review to help them with the homework problems:
Quality 3 Customer and Vendor Measures by Susan
Crosson
http://www.youtube.com/watch?v=zjeLIGtJjyY&list=PL8C2
A9E831B037821&index=91
Reading Assignment (due before Session “6A” week)
•
•
Chapter 13 “The Statement of Cash Flows”
Chapter 14 “Financial Statement Analysis”
Study for Test 2, which will be given at the beginning of
class 6A, and will cover the material from Chapters 7 - 12.
home
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course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
26
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 6A
Learning Objectives
By the end of the week the learner should be able to:
1. Describe the principal purposes and concepts underlying the statement of cash flows, and identify its components and
format.
2. Use the indirect method to determine cash flows from operating activities.
3. Determine cash flows from investing and financing activities.
4. Analyze the statement of cash flows.
5. Describe the concepts, standards of comparison, and sources of information used in measuring financial performance.
6. Apply horizontal analysis, trend analysis, vertical analysis, and ratio analysis to financial statements.
7. Apply financial ration analysis in a comprehensive evaluation of a company’s financial performance.
8. Define quality of earnings, and identify factors that affect quality of earnings and related management compensation
issues.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
INDIVIDUAL ACTIVITIES (continued)
Assessment
• Have the students complete a test on Chapters 7 - 12.
Instructors should select 1 or 2 problems from each
chapter, for a total of 10 problems.
• After all students have completed the test, review the
answers on the whiteboard.
• Time permitting, grade the test while the students are
working on activities and return the graded test to the
students at the end of class.
In Class Assignment
Have the students individually work on selected problems
from Chapters 13 and 14. Give the students an appropriate
amount of time to work on their own, then walk through the
solution to each problem on the whiteboard.
Reading
Students should have read Chapters 13 and 14 prior to
class.
In Class Activities
• Review the solutions the individual homework
assignment.
• Discuss key concepts from Chapters 13 and 14. Use the
“TriLevel Problem” at the end of each chapter to guide
the discussion. Be sure to cover:
- The principal purposes and concepts underlying the
statement of cash flows, and its components and
format.
- How to use the indirect method to determine cash
flows from operating activities.
- How to determine cash flows from investing and
financing activities.
- How to apply horizontal, vertical and ratio analysis to
financial statements.
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GROUP ACTIVITIES
PBL Activity: Ratio and Trend Analysis
Have the students work in their teams, following the PBL
steps to solve Problem P4 “Comprehensive Ratio Analysis
of Two Companies” on page 574. Check in on each team
periodically to make sure they are following the PBL steps
correctly.
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
27
Session 1A
Managerial Accounting | MBA 601
Faculty Evening Session 6B
Learning Objectives
By the end of the week the learner should be able to:
1. Describe the principal purposes and concepts underlying the statement of cash flows, and identify its components and
format.
2. Use the indirect method to determine cash flows from operating activities.
3. Determine cash flows from investing and financing activities.
4. Analyze the statement of cash flows.
5. Describe the concepts, standards of comparison, and sources of information used in measuring financial performance.
6. Apply horizontal analysis, trend analysis, vertical analysis, and ratio analysis to financial statements.
7. Apply financial ration analysis in a comprehensive evaluation of a company’s financial performance.
8. Define quality of earnings, and identify factors that affect quality of earnings and related management compensation
issues.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
DELIVERABLES
Discussion Question
Individual Written Assignment (due by the end of
Session 6B)
In D2L follow the link under Discussion 6 – Ratio and Trend
Analysis. Facilitate the conversation on real-world
applications. Ensure students are following netiquette and
are not using the forum as a text message forum. Ideas
and responses should be well articulated.
Prepare a written response to the following chapter
problems:
• Chapter 13, Short Exercise SE2 on page 524
• Chapter 14, Short Exercise SE4 on page 565
• Chapter 14, Short Exercise SE5 on page 566
The initial post must be made mid week, and the response
posts must be made prior to the end of Session 6B.
Upload your solution to the Dropbox in D2L.
Multimedia (suggested materials)
Suggest that students use the following YouTube video as
a review to help them with the homework problems:
Cash Flow 1 Statement of Cash Flows Format by Susan
Crosson
(http://www.youtube.com/watch?v=38WcNba0Ic0&list=TLR
8gj7oEQK70)
home
about
expectations
resources
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
28
Session 1A