UNIT 1
Managerial Accounting for Business
Professionals ACC 330
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me know if you have problems. Thanks, Dr. Doug
Dr. Doug Letsch
CONTACT
INFORMATION
I am here to help
CONTACT INFORMATION
I am available at my office hours each Monday from
10am -11am (EST) in AIM Chat at DrDougLetsch@aim.com
At other times, please post all course related questions
in the Virtual Office under Course Home. I always
respond within 24 hours!
If you have a special individual need, please call me at
903-638-0500 or send me an email.
EXPECTATIONS
1.
Discussions must be completed during week assigned
–three posts on three different days
2. Everyone must participate in the two team
assignments in units 3 and 4
3. Assignments must be submitted on time
4. Wiley Plus includes reviews and graded homework –
complete everything in that area each week
5. Attend seminars and participate, or complete
alternative assignment – I use pop questions.
6. If you are unsure of anything, ask, ask, & ask!
The most important ingredient in success is YOU
GRADING
Assessments
Number
Points
Total Points
Discussions
6
20
120
Teamwork
2
20
40
Assignments
8
50
400
Review
8
20
160
Seminar/Alternate Assignment
9
15
135
Professional Development Activity
1
20
20
Final Exam
1
80
80
Writing Assignment
1
45
45
Total Points
1,000
The most important ingredient in success is YOU
WILEY PLUS
How do we find these assigned
problems?
MANAGERIAL
ACCOUNTING
An Introduction!
MANAGERIAL ACCOUNTING - DEFINED
How would you define managerial
accounting?
MANAGERIAL ACCOUNTING - DEFINED
How would you define managerial
accounting?
Creation of reports, charts, or other
data, prepared by inside managers for
use by inside managers.
Information comes from:
Financial reports,
Detailed efficiency data,
Qualitative and Quantitative
For the purpose of helping the company
improve!
MANAGERIAL ACCOUNTING
•
Applies to all types of business
•
Applies to all forms of business
•
For profit and Not for profit
Please watch the first three minutes of this video and
when you return, type done in the chat window.
http://www.youtube.com/watch?v=S0Ojv3LZ0Bw
Used everywhere by everyone in business
MANAGERIAL ACCOUNTING
•
Without managerial accounting,
business would not have the
information they need to make
informed decisions.
What are some examples of
managerial accounting reports?
MANAGERIAL ACCOUNTING
How would you
compare managerial
accounting with
financial accounting?
MANAGERIAL ACCOUNTING
Here is a chart from your course materials
Poll Question
Managerial Accounting is used by
a.
Non Profit Entities
b. For Profit Entities
c.
Inside Managers
d. All of the above is correct
Select your answer on the poll question.
Remember to get credit you must answer all poll questions during a session.
Poll Question
Managerial Accounting is used by
a.
Non Profit Entities
b. For Profit Entities
c.
Inside Managers
d. All of the above is correct
Select your answer on the poll question.
Remember to get credit you must answer all poll questions during a session.
Are there any
questions?
Our next networking opportunity is Monday at 11am EST
for the AIM Chat. See you there!