ACCT 231 – Principles of Accounting II (3 credits)
Section 2 (M8/22/11-W12/14/11, MWF1030am-1120am, Course ID 000879)
Section 4 (M8/22/11-W12/14/11, MWF1230pm-120pm, Course ID 002198)
Course Syllabus Fall 2011 (revised 8/27/11)
Instructor: Mr. Kim T. Mollberg, CPA, MBT, School of Business
Office Building/Office Number: Center for Business 207E
Office Telephone Number: 218-477-4647 (MSUM) or 218-847-3879 (Detroit Lakes)
Office Hours: MWF 815am-1020am, MWF 1130am-1220pm, MW 120pm-2pm; other hours by appointment
Email Address: mollberg@mnstate.edu
Web Site: www.mnstate.edu/mollberg/
Classroom Building and Room Number: 1030am and 1230pm classes meet in CB113 on Mondays and Wednesdays and in
CB200 on Fridays.
Course Description: An introduction to the content and concepts of financial information for management’s use in directing operations.
Topics include cost behavior, product costing, actual and standard costs, cost-volume-profit analysis, relevant costs, operational and capital
budgeting, and present value analysis. Prerequisite: ACCT 230
Required Texts/Readings: Managerial Accounting, 14th Edition, Garrison, Noreen, & Brewer, McGraw-Hill/Irwin, 2012. Students are
also required to acquire access to the textbook publisher’s internet homework manager product called Connect.
Course Objectives/Student Learning Outcomes: Students will receive an introduction to managerial accounting and methods
used to report information to internal users. Cost accounting, budgeting, standard cost systems, reporting and analyzing performance are
some of the topics covered. Students will acquire basic understanding of common methods for using information from accounting and
information systems to help make managerial decisions. Students will also develop communication and problem solving skills.
Course Requirements: Moodle and McGraw-Hill/Irwin’s Connect will be used extensively: We will be using MSUM’s Moodle
learning management system and the textbook publisher’s internet homework manager called Connect in conjunction with this course. As
discussed below, note that Connect Plus will also work with this course.
To access Moodle, go to http://teach.mnstate.edu/, and then go through the steps on the “First Time User” tab. Once you are ready to launch
Moodle, click on “Go” on the Moodle main page, and follow the instructions provided. I would recommend that you start in Moodle each time
you work in this course. Moodle will have links to check figures, the student online learning center at http://highered.mcgrawhill.com/sites/0078111005/student_view0/index.html, PowerPoint slides with speaker notes, the textbook review question solutions, multiple
choice practice quizzes, practice exams, the Connect homework, the Connect quizzes, the projects, the course gradebook, and much more.
To access Connect (which is where you will submit your online homework and quizzes), you will need the numbers off your preprinted
Connect access card when you go to the course website http://connect.mcgraw-hill.com/class/mollbergacct231fall2011. Do not throw away
your access card as you may need it again at some point during the course should you experience technical difficulties. McGraw-Hill/Irwin
actually has two online products which will work with this course but only one of the two is required: Connect (which has no eBook) or
Connect Plus (which has an eBook). It is my understanding that the textbooks sold by the MSUM bookstore are bundled with Connect Plus
(meaning students who buy their textbook from our bookstore will have both a physical textbook and an eBook, as well as access to
Connect). Both Connect and Connect Plus are also available for purchase directly from McGraw-Hill/Irwin (you will see this option the first
time you try to do homework or a quiz in Connect).
Homework, Quiz, Exam, and Project Schedule:
Chapter
Lecture,
End-ofDiscussion, Problems
Chapter
(MWF day)
Inclass
Problems
1
M8/22
2
W8/24, F8/26, M8/29
5,6,9,10
3
W8/31, F9/2, W9/7
19,20,8,7
4
F9/9, M9/12
8,7,14
5
F9/16, M9/19, W9/21
17,2,16,8,9
6
F9/23, M9/26
22,14,15
7
W9/28, F9/30, M10/3
1,17,19
8
W10/5, F10/7
22,19,26
9
F10/14, M10/17
15,21
10
W10/19,F10/21, M10/24 11,13
11
W10/26,F10/28, M10/31 14,10,22,17
12
W11/2,F11/4,M11/7
1,23,16,14,
13,19
13
F11/11,M11/14, W11/16 11,8,7,18
14
F11/18,M11/21, M11/28 10,8
15
W11/30,F12/2,M12/5
16,17,14
Lecture,
Discussion,
Problems
(W night)
W8/24
W8/24
W8/31
W9/7
W9/14
W9/21
W9/28
W10/5
W10/12
W10/19
W10/26
W11/2
Online
Homework
Due By
Online
Quiz Due
By
W8/31
F9/2
M9/12
M9/12
W9/28
W9/28
M10/10
M10/10
W10/26
W10/26
M11/7
M11/7
W8/31
F9/2
M9/12
M9/12
W9/28
W9/28
M10/10
M10/10
W10/26
W10/26
M11/7
M11/7
W11/9
W11/16
W11/30,
W12/7
M11/28
M11/28
T12/6
M11/28
M11/28
T12/6
Exam
Other
F8/26 Add/Free Drop 4pm
M9/5 No Classes
W9/14 Ch1-4
W10/12 Ch5-8
W11/9 Ch9-12
(1030) F12/9
noon Ch13-15
(1230) W12/14
noon Ch13-15
T9/27 Acctg&Audit Stud. Conf.
M10/3 Project1 Due
M10/10-T10/11 No Classes
W10/12 Advising Starts
M10/24-F11/11 Spring Regist.
Th10/27 Career Fair 430pm
W11/9 “W”
M11/21 Project2 Due
W11/23-F11/25 No Classes
Th12/15 Commencement
F12/16 Grades Due
Evaluation Standards/Course Grading Policy: Except as noted herein, you are responsible for all the material in the textbook
whether or not it is specifically covered by the Instructor. Your grade will be based on the following points available during the semester:
1. Examinations (4)
400 Percentage of total cumulative points
2. Online Quizzes (top 12 of 15)
120 A:94%-100%, A-:90%-93%, B+:87-89%,
3. Online Homework (top 12 of 15)
120 B:84%-86%, B-:80%-83%, C+:77%-79%,
4. Projects (2)
100 C:74%-76%, C-:70%-73%, D+:67%-69%,
740 D:60%-66%
Keep a personal record of scores for all examinations, quizzes, homework, and projects. Late examinations, quizzes, homework, and
projects will be scored zero. Periodically, the Instructor will update the Moodle gradebook (note that your scores in Connect will not
automatically show up in Moodle). If any error has been made, it is the student’s responsibility to present written proof of the correct point
total as soon as possible after the posting. That means you should SAVE ALL of your work until the end of the semester. If your grade falls
below what is acceptable to you, take immediate action. DO NOT WAIT UNTIL THE LAST WEEK OF THE SEMESTER TO SEEK HELP.
Consider the following, not necessarily in this order: (1) Are you working more hours and studying less? Can you correct that situation? (2)
Form a study group. (3) Work extra problems and see the Instructor for solutions. (4) Seek assistance through the Academic Support Center
and Disability Services (go to Flora Frick Room 154, or call 218-477-4318) and (5) Finally the most important, see the Instructor on a regular
basis.
If you are repeating this course, note that only the higher grade will be used to compute your grade point average (GPA). Repeating a
course more than once will result in the removal of only one previous grade from the student’s GPA computation. To assure that the GPA is
correct, the student must submit a “Repeated Course” form to the Records Office. All course attempts will remain on the student’s
permanent academic record.
Examinations: Four (4) examinations must be taken in the classroom on the dates indicated on the Homework, Quiz, Exam and Project
Schedule. The examinations might include multiple choice, true/false, matching, or essay questions. If a student will miss an examination for
a valid reason (death in family or sickness which requires student hospitalization—documentation will be required for either event) and
notifies the Instructor before the examination, the student may be given the opportunity to take the examination at another time.
Online Quizzes: A total of fifteen (15) online quizzes with time limits will be given during the Semester, of which you can throw out the three
(3) lowest scores. You will be using Connect to take the online quizzes. All online quizzes are DUE BY 1155pm ON THE ONLINE QUIZ
DUE DATE for each Chapter as per the Homework, Quiz, Exam, and Project Schedule. The online quizzes will generally consist of
worksheet, problem-solving type questions (for example, some might require that you fill-in-the-blank, others might involve you choosing the
best answer from the alternatives given). You are expected to do the online quizzes on your own without the help of others.
Note that a particular quiz (or homework) in Connect might be worth (for example) 90 points according to Connect. However, when Instructor
transfers that particular score over to Moodle, he will convert to a 10-point scale (since all quizzes and homework are worth 10 points each
per the syllabus).
You can review your answers from a previously submitted online quiz for which the due date has passed by clicking on the particular quiz
in the Connect gradebook.
Note that many of the questions in Connect (whether in quizzes or homework) are algorithmic (meaning your current version of the question
has the same words as another version, but the numbers have changed).
Online Homework: You will be using Connect to submit your fifteen (15) online homework sets, of which you can throw out the lowest three
(3). All homework is DUE BY 1155pm ON THE ONLINE HOMEWORK DUE DATE for each Chapter as per the Homework, Quiz, Exam,
and Project Schedule. You are expected to do the homework in a study group or on your own. Each student must submit his/her own
homework to get credit. Late homework will be scored zero. You can attempt the homework multiple times to improve your score (but again,
remember that the numbers may change if the second time around if it was set up as an algorithmic problem), check your answers as you
go, and print out the homework in advance.
You can review your answers from a previously submitted online homework by clicking on the particular homework in the Connect
gradebook. This feature is available before the due date has passed, in the event you want to see what you did wrong, then retry for a better
grade.
Projects: There will be two (2) excel/word projects during the semester. Additional information will be posted in Moodle. Projects must be
uploaded to Moodle DUE BY 1155pm ON THE PROJECT DUE DATE as per the Homework, Quiz, Exam, and Project Schedule.
Classroom Preparation, Participation, Attendance, and Timeliness: Since all of these factors are very important for success in business
and life, they will be considered in determining your grade. As you can see from the grading summary above above, a portion of your grade
will be based upon classroom preparation, participation, attendance and timeliness. Accordingly, I would encourage you to come to class
prepared, which would include reading the assigned chapter and completing the end-of-chapter inclass problems prior to the commencement
of class. Student participation will consist of either volunteering or being called upon to share your understanding, thoughts, opinions, or
solutions to the course materials and problems. Your participation will also be evaluated based upon the asking of intelligent, well thoughtout questions to help strengthen or broaden your understanding of the Chapter lecture or homework problems. Like the real world, student
need to clearly and orally present accurate information in an organized and understandable manner. On-time attendance to all classes is
expected of each student. Classes will begin promptly. Attendance will be taken for the MWF day classes, with two (2) points subtracted for
each absence in excess of three (3). Attendance will also be taken
.
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Course Outline: (unless otherwise told by Instructor, assume we will skip all end-of-chapter and end-of-book appendices)
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15.
Managerial Accounting: An Overview
Managerial Accounting and Cost Concepts
Job-Order Costing
Process Costing
Cost-Volume-Profit Relationships
Variable Costing and Segment Reporting: Tools for Management
Activity-Based Costing: A Tool to Aid Decision Making
Profit Planning
Flexible Budgets and Performance Analysis
Standard Costs and Variances
Performance Measurement in Decentralized Organizations
Differential Analysis: The Key to Decision Making
Capital Budgeting Decisions
Statement of Cash Flows
Financial Statement Analysis
Other:
School of Business Mission: We provide a quality undergraduate business learning experience designed to prepare students for
successful and responsible careers. Faculty intellectual contributions are focused on learning and pedagogical research, discipline-based
scholarship and contributions to practice. Through involvement in professional activities, the faculty also serves students, the University, and
the community.
School of Business Student Learning Goals: Students who graduate from Minnesota State University Moorhead with a major from the
School of Business should be able to:
-Exhibit basic knowledge of business principles and processes
-Write in a clear and professional manner
- Prepare and deliver an effective business presentation
-Identify and analyze ethical issues in a professional context
-Demonstrate basic understanding of business from a global perspective
Time Requirements: Each student should expect to spend a minimum of 8-9 hours per week in completing this course. This includes
reading the text, viewing the narrated PowerPoint slides, viewing the narrated solutions to selected end-of-chapter questions, and completing
homework, quizzes, exams, and projects; anything less and you will be depriving yourself from obtaining your best grade.
General: The course syllabus is subject to change. In particular, use the due dates in Moodle and/or Connect if different than the dates in
this syllabus. In the event of a change, an announcement will be made in Moodle, or through an email. It is the responsibility of the student
to keep current and develop a clear understanding of all course policies, and to determine that student has the computer technology and
equipment necessary to meet the requirements of this course. If you find errors or inconsistencies in the syllabus, Moodle or Connect,
please let the Instructor know as soon as possible so that they can be addressed.
Communications: If I need to contact the class, I will use Moodle or email. Check the “General News and Announcements Forum” in
Moodle and your email regularly to determine whether I have sent you a message. Please use email whenever possible when trying to
contact me. I have provided you with a Detroit Lakes MN telephone number (218-847-3879, my DL office number) which you can call
anytime, but understand that I may not always be available (especially, if I am at MSUM). If you call, I would recommend you leave
messages at both my MSUM telephone and my Detroit Lakes MN telephone since I am only scheduled to be on campus on Mondays,
Wednesdays, and Fridays each week. I will take calls (if available) and return phone messages or emails as soon as possible. Long
distance phone calls may not be returned until after 7pm.
Student Absences: Students are expected to attend all class meetings unless they are ill or officially excused as the result of
participation in a university function. However, faculty members may or may not take roll in their classes, and they may or may not lower the
marks of students for the sole reason of unexcused absences. If a faculty member has a practice of penalizing for nonattendance, he/she
must (a) announce the policy regarding the penalty for nonattendance in writing during the first week of class, (b) not penalize the student for
nonattendance unless the student is absent without official excuse for more class periods during the term than the number of periods the
class meets each week (or more than two class periods during a summer session), (c) maintain accurate attendance records, and (d) submit
in writing to the Vice President for Academic Affairs the explicit class attendance policy statement. As a point of clarification, if a student has
an unexcused absence for a class session during which an examination or other graded exercise is scheduled and the student has more
unexcused absences than the number of times the class meets each week, this policy permits the faculty member to reduce the student’s
grade for the sole reason of the unexcused absences and for failure to complete the graded assignment.
In cases of individual absence due to jury duty or other legal obligations, the student must notify his/her faculty instructors prior to the
absence. Each faculty member will determine the work to be made up and any effect on the course grade. For military absences, see the
MSU Moorhead Bulletin index under military withdrawal, or refer questions to the Records office.
In the case of individual absence due to health or other emergency, the student must notify his/her faculty instructor as soon as feasible.
Each faculty member will determine the appropriateness of the absence, all work to be made up, and any effect on the course grade.
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When an official university activity conflicts with scheduled classes, students participating in the official activity will be regarded as excused.
Within the limits of feasibility, an excused absence assures a student the right to make up the missed class requirement(s). The nature, time,
and place of the make-up work are at the discretion of the instructor. Official university events are those that are approved by the appropriate
dean, athletic director, or vice president. At least two weeks prior to the activity, lists of participating students should be distributed to those
affected faculty members by the faculty member or organization advisor who will be overseeing the university activity. In the case of conflict
about the appropriateness of an absence or the feasibility of the student making up missed work, the faculty members involved should confer
directly; the student should not be expected to mediate the conflict. In cases where the faculty members involved cannot agree to a solution,
the dean(s) of the respective colleges can be called upon to mediate.
Students wishing to appeal academic decisions or policies further may do so by appealing in writing to the Academic Appeals Committee
(Owens 206).
Academic Honesty: The University expects all students to represent themselves in an honest fashion. In academic work, students are
expected to present original ideas and give credit to the ideas of others. The value of a college degree depends on the integrity of the work
completed by the student.
When an Instructor has convincing evidence of cheating or plagiarism, a failing grade may be assigned for the course in which the student
cheated. Instructors may also choose to report the offense, the evidence, and their action to the Dean of their college or the Provost and
Senior Vice President for Academic Affairs. If the Instructor (or any other person) feels the seriousness of the offense warrants additional
action, the incident may be reported to the Office of Student Conduct and Resolution. The Office of Student Conduct and Resolution will
follow procedures set out in the Student Conduct Code. After its review of the case and a fair, unbiased hearing, the Office of Student
Conduct and Resolution may take disciplinary action if the student is found responsible (see Student Conduct Code for details).
A student who has a course grade reduced by an Instructor because of cheating or plagiarism, and who disputes the Instructor’s finding, may
appeal the grade, but only using the Grade Appeal Policy, which states that the student must prove the grade was arbitrary, prejudicial, or in
error.
Special Accommodations: Students with disabilities who believe they may need an accommodation in this class are encouraged to
contact Greg Toutges, Director of Disability Services at 477-4318 (Voice) or 1-800-627-3529 (MRS/TTY) , Flora Frick 154 as soon as
possible to ensure that accommodations are implemented in a timely fashion.
I hope you have an enjoyable learning experience. Good luck!
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