AEM 3230 – Winter Online 2016
AEM 3230
Managerial Accounting
Winter Term 2016
General Information:
Staff
Instructor:
Margaret Shackell, Ph.D.
Course Web Site:
Room
437 Sage Hall
Phone
Cell: 607-229-2530
Office: 607-255-6054
E-mail
shackell@cornell.edu
http://blackboard.cornell.edu/
All students need to enroll themselves in the AEM 3230 Online Blackboard web site to
ensure they receive important correspondence, have access to Quizzes and Practice Tests and
other rich website features. The web site has a copy of all announcements, documents,
homework assignments, and FAQs. Please be sure to check it frequently. Please let me know if
you have any problems accessing the site.
Lectures:
Online with each module. I have set this course up to be as clear and easy to follow as possible.
Some students still miss important class assets. Pay attention and go through each module
systematically. Please note that each module contains (pretty much) SEVEN (7) things. Be sure
that you read/access each thing in each module.
1. Brief video outlining what the topic is (about 5 minutes each).
2. Reading assignment: generally from the textbook
3. Lecture: me + the camera + powerpoints. Be sure to watch these. I ask
you questions that require emails responses!
4. Homework link (also do optional LEARNsmart flashcards & watch
Guided Examples and Interactive Presentations)
5. Sample problems: me + sample problems + pen. Very helpful to show
you how to do the problems.
6. Email the professor link.
7. Piazza for discussions: get on and read, ask & answer questions. You get
points for this and you get learning out of it, so do it.
Prerequisites:
AEM 2210 (Financial Accounting) or equivalent.
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AEM 3230 – Winter Online 2016
Course Materials:
Required Text: Introduction to Managerial Accounting, 6e, Brewer, Garrison & Noreen,
plus Connect.
Connect http://connect.mheducation.com/class/m-shackell-online-1 (log on to do on-line
homework and quizzes).
Objectives of the Course:
This course provides an introduction to accounting techniques used by internal company
managers when they are faced with planning, directing, controlling, and decision-making
activities in their organizations. Accounting information can be used to identify and analyze
alternatives and to guide the manager to a course of action that will yield the greatest benefit to
the company. While the major emphasis in financial accounting is on the accumulation and
presentation of accounting data to external decision makers, the emphasis in managerial
accounting is on the presentation and analysis of that data by internal decision makers.
The objective of this Managerial Accounting course is to familiarize you with the requisite
technical skills for problem solving; for example, determining unit product costs, measuring
production process costs, budgeting, performance reporting, allocating resources efficiently
within the firm, and maximizing profits while maintaining the ability to meet long-term goals.
As managers, you will need to identify the relevant information, the appropriate method for
analyzing that information, and the manner in which to communicate your observations and
recommendations to others in the organization.
Office Hours:
Professor Shackell will have a few scheduled office hours (where she sits on piazza waiting for
questions). See the blackboard calendar for the hours. She is also quite responsive to email.
You should hear back within 24 hours.
Grading:
Students with documented disabilities will be accommodated as per Cornell policy. Please give
your documentation to me as soon as possible.
The following weights will be applied in determining the final grade:
Homework (best 9 of 11)
Weekly quizzes (4 @ 5% each)
Final exam, Saturday January 23rd
Discussion participation
Total
40%
20%
30%
10%
100%
Please note the deadlines are all EASTERN time. Note that if something is due at midnight,
there is actually a couple of minutes grace time. So, it will actually look to you like it is due the
next day, but it is only minutes into the next day. Pay attention to the deadlines. If you have
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AEM 3230 – Winter Online 2016
work/family/holiday commitments, please let me know. It is easy to extend deadlines, if you let
me know in advance.
Discussion participation:
This term we will be using Piazza for class discussion. The system is catered to getting you help
quickly and efficiently from classmates & from me. Rather than emailing questions, I encourage
you to post your questions on Piazza. You will be graded on your level of participation. Both
asking and answering questions. If you have any problems or feedback for the developers, email
team@piazza.com.
Find our class page at: https://piazza.com/cornell/semester12016/aem3230/home
Exams:
The final exam is open book. You will also need a pencil or pen and a non-graphing, nonfinancial, non-programmable (i.e., basic 5-function) calculator. You will need to be able to scan
your exam and upload it to blackboard at the appropriate time. Students who do not take the
exam will receive a score of 0. Please note that this has happened every semester recently. A
student thinks “I’m not quite prepared. I will take the exam later.” This is not an option. You
MUST take the exam as scheduled unless you have documented emergency situation or have
worked out an alternative arrangement with me well prior to the exam. Please note that this
penalty (final score = 0) has happened three of the last four online terms. I take this very
seriously.
The examination will test your knowledge of specific definitions and facts, your understanding
of managerial accounting theory, and your ability to solve analytical problems. The exam may
include multiple choice, short-answer, and/or problems with multiple parts where partial credit
may be available. You will be responsible for all material covered in videos, lectures and
reading assignments including (but not limited to) the text and lectures. In addition to reviewing
that material, you may wish to use additional resources to prepare for exams such as Connect,
and especially “Learn Smart”. You may also try forming a study group with other students or
enlisting the aid of a tutor.
Academic Integrity:
Each student in this course is expected to abide by the Cornell University Code of Academic
Integrity. Under the provisions of the Code, anyone who gives or receives unauthorized
assistance in the preparation of work at home or during tests (whether on-line quizzes or final
exams) will be subject to disciplinary action. Your name on any piece of work is our assurance
that you have neither given nor received any unauthorized help in its preparation. You may
assist each other on assignments by answering questions and explaining accounting concepts.
However, you should neither copy nor allow another student to copy your work directly.
All University policies with respect to cheating will be enforced. A student who is found to have
cheated on an exam will receive an “F” in the course.
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AEM 3230 – Winter Online 2016
COURSE OUTLINE
# Day
Date
Online Homework
(due at 8 p.m. on date
below)
Topic
1
28 Dec
Course overview & Introduction to managerial accounting
2
29 Dec
Basic Cost Management Concepts (Chapter 1)
Chapter 1
3
30 Dec
Job Order Costing (Chapter 2)
Chapter 2
4
31 Dec
Activity Based Costing (Chapter 3)
5
1 Jan
Activity Based Costing (Chapter 3) continued
6
2 Jan
Process Costing (Chapter 4)
7
3 Jan
Process Costing (Chapter 4) continued
8
4 Jan
CVP (Chapter 5)
9
5 Jan
CVP (Chapter 5)
Chapter 5
10
6 Jan
Variable costing & Segment Reporting (Chapter 6)
Chapter 6
11
7 Jan
Profit Planning (Chapter 7)
12
8 Jan
Profit Planning (Chapter 7)
13
9 Jan
Flexible Budgets, Standard Costs & Variances (Chapter 8)
14
10 Jan
Flexible Budgets, Standard Costs & Variances (Chapter 8) continued
15
11 Jan
Flexible Budgets, Standard Costs & Variances (Chapter 8) continued
16
12 Jan
Performance Measurement in Decentralized Orgs (Chapter 9)
17
13 Jan
Performance Measurement in Decentralized Orgs (Chapter 9) continued
18
14 Jan
Differential Analysis (Chapter 10)
19
15 Jan
Differential Analysis (Chapter 10) continued
Chapter 10
20
16 Jan
Capital budgeting (Chapter 11)
Chapter 11
21
17 Jan
Review – Chapters 1 to 4
Chapter 3
Online Quizzes (due at
Midnight on date below)
Chapters 1 through 3
Chapter 4
Chapters 4 through 6
Chapter 7
Chapter 8
Chapter 9
Chapters 7 through 9
Chapters 10 through 11
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AEM 3230 – Winter Online 2016
# Day
Date
Online Homework
(due at 8 p.m. on date
below)
Topic
22
18 Jan
Review – Chapters 5 to 8
23
19 Jan
Review – Chapters 9 to 11
24
20 Jan – 22
Jan
Rest & review days – exam may begin 22 Jan
25
23 Jan
Final Exam
5
Online Quizzes (due at
Midnight on date below)