BUKO-D 542
Advanced Managerial Accounting
Indiana University Kokomo
Dr. Steven Cox
Spring 2010
COURSE SYLLABUS
Time:
Mondays and Wednesdays 5:30 – 8:15 (January 11 – March 3)
Room:
KO 281
Office Hours:
4:00 – 5:15, Mondays and Wednesdays (and by appointment or walk-in)
Office:
KO 174J
Office Phone:
(765) 455-9314
Mobile Phone:
(317) 696-0571
E-mail:
scox@iuk.edu
Web Page:
http://www.iuk.edu/~bussrc/
Required Text:
Garrison, Noreen, and Brewer, Managerial Accounting, 12th Edition
Course Goals:
This course emphasizes the use of accounting data by managers in directing the affairs of business
organizations. Managers need information to carry out three essential functions in an organization: (1)
decision making; (2) planning; and (3) controlling activities. In this class, students will learn what
information is useful, where to obtain the information, and how the information can be structured to aid
managers in their planning, control, and decision-making responsibilities.
Objectives:
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Understand alternative cost methods and systems
Understand the managerial uses of accounting information
Be familiar with managerial decision-making concepts
Understand managerial planning (budgeting) and performance analysis
Develop a framework for evaluating managerial information systems’ abilities to enhance a
firm’s long-term profitability.
Develop a framework for utilizing information generated by managerial information systems for
tactical and strategic decisions.
Evaluate various cost-management systems’ capabilities to guide continuous improvement, cost
control, and reengineering efforts.
Consider the current and emerging practices in cost management.
Evaluate the many methods developed by firms for decentralizing and controlling large
organizations.
1
The School of Business Mission Statement:
http://www.iuk.edu/~kobus/Mission.shtml
Grading:
Exam 1
100 pts
Exam 2
100 pts
Exam 3
100 pts
Presentation/Executive Summary
Total Points
50 pts
350 pts
Grading Scale:
96% - 100%
86% - 89%
76% - 79%
66% - 69%
Below 59%
A+
B+
C+
D+
F
90% - 96%
80% - 86%
70% - 76%
60% - 66%
A
B
C
D
89% - 90%
79% - 80%
69% - 70%
59% - 60%
ABCD-
Exams:
Unexcused absences will result in zeros on exams. The first exam will be on January 27th. The second
exam will be on February 17th. The final exam will be on March 3rd.
Presentation/Executive Summary:
On February 8th, students working (and graded) individually, but presenting in groups, will make a
coordinated thirty-minute presentation. The presentation will be a three-year analysis (ratios, cash flow,
etc.) of three publicly traded companies from the same industry. Each student will be responsible for
assessing the health and prospects of one firm. Special attention should be placed on trends and the
impact of the recent financial crisis. A three page executive summary of each student’s findings is also
due on February 8. This presentation is worth 25 points and the executive summary is worth 25 points.
Computer Usage:
This syllabus is available on my web site and the answers to the assigned problems can be found in the
Resources section on Oncourse. IU Kokomo also offers a variety of computer resources for course
assignments and projects (e.g., word processing, spreadsheets, presentation software, database
management, and statistical analysis packages).
Library Usage:
The IUK library system offers a large number and variety of resources for the student to use in this
course. Examples include current newspapers (Wall Street Journal), magazines (Business Week),
databases (ABI Inform), and access to the Internet.
Disability Issues:
Indiana University Kokomo provides equal access and support services to students with special
needs. Students with documented disabilities should contact the Career Services Office (455-9301) to
discuss any necessary support services or accommodation with the instructor.
2
Class Schedule:
Chap
Topic
Problems
Date
15
Statement of Cash Flows
10, 14, 16
Jan 11
16
Financial Statement Analysis
1, 2, 3, 4, 5
Jan 13
No Class: MLK Day
Jan 18
16
Financial Statement Analysis (continued)
14, 15, 19, Handouts
Jan 20
2, 2A
Cost Terms, Concepts, Etc.
11,12, 22, 25
Jan 25
Exam 1
3
Jan 27
Job-Order Costing
1, 23, 25, Handouts
Feb 1
Work in groups to coordinate presentations
Feb 3
Presentations/Paper (Financial Statement Analysis)
Feb 8
8
Activity Based Costing
7, 9, 30
4, 4A
Process Costing
11, 12, 14, 15
5
Cost Behavior: Analysis and Use
6, 7, Excel demonstration
6
Cost-Volume-Profit Relationships
11, 18, 19, 21
7
Variable Costing
5, 6, 8, 13, 15
Feb 10
Exam 2
Feb 15
Feb 17
10
Standard Costs
9, 10, 11, 12, 14, 17, 19
11
Flexible Budgets and Overhead Analysis
10, 11, 15, 20
12, 12A
Segment Reporting and Decentralization
6, 11, 13, 24, 28
13
Relevant Costs for Decision Making
1, 2, 3, 4, 5, 6, 16, 18
Appendix A
Pricing Products and Services
1, 2, 3
Feb 22
Feb 24
Mar 1
Final Exam
Mar 3
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