TROY UNIVERSITY
SYLLABUS
SORRELL COLLEGE OF BUSINESS
MBAI 6691
TUAA
Financial/Managerial Accounting for International Executives
Fall 2013
Prerequisites
Graduate standing, acceptance into the MBAI program and all undergraduate business
pre-requisite courses or equivalent completed.
Description
A study of sources and classifications of accounting data, classification and behavior of
revenues and costs, use of accounting data for profit planning and cost control, and use
of accounting data for special analysis.
Objectives
On completion of the course, the student should be able to:
1. Describe the contents and components of the balance sheet, income
statement, and statement of cash flows and the relationships among these
statements;
2. Understand how business transactions affect financial accounting statements;
3. Understand the basic operating characteristics and cost terms used by
business organizations; identify and classify cost behaviors; understand the basic
concepts associated with cost measurement; and understand how cost behavior
and measurement are used in decision making in organizations;
4. Understand the nature of the management control process and the use of
accounting information in that process;
5. Understand how accounting information is used in strategic planning,
budgeting, and evaluation;
6. Analyze and interpret accounting information for use in making planning and
control decisions within organizations;
7. Apply problem solving, critical thinking, and communication skills that are
necessary for communicating accounting information;
8. Use financial and managerial accounting information by identifying accounting
problem requirements, identifying relevant information needed for problem
solving, and adapting knowledge to problem situations;
9. Critically analyze and discuss (oral and written) the book selected for the
reading initiative for the current year.
Purpose
To introduce the concepts of managerial accounting, explain the relationship between
financial and managerial accounting, and introduce the use of accounting information for
decision-making in organizations.
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ACT 6691
Approved Texts
Anthony, Robert N., David F. Hawkins and Kenneth A. Merchant (current edition)
Accounting: Text and Cases, McGraw-Hill.
Supplemental Materials
Book for the common reading initiative.
Mission & Vision Statements
Troy University Mission Statement Troy University is a public institution comprised of
a network of campuses throughout Alabama and worldwide. International in scope, Troy
University provides a variety of educational programs at the undergraduate and graduate
levels for a diverse student body in traditional, nontraditional and emerging electronic
formats. Academic programs are supported by a variety of student services which
promote the welfare of the individual student. Troy University's dedicated faculty and
staff promote discovery and exploration of knowledge and its application to life-long
success through effective teaching, service, creative partnerships, scholarship and
research.
SCOB Mission Statement Through operations that span the State of Alabama, the
United States, and the world, Sorrell College of Business equips our students with the
knowledge, skills, abilities and competencies to become organizational and community
leaders who make a difference in the global village and global economy. Through this
endeavor, we serve students, employers, faculty, and Troy University at large as well as
the local and global communities.
SCOB Vision Statement Sorrell College of Business will be the first choice for higher
business education students in their quest to succeed in a dynamic and global economy.
Sorrell College of Business will create the model for 21st century business education
and community service.
School of Accountancy Mission Statement The mission of the School of Accountancy
is to advance the accounting profession by providing quality accounting education to
both undergraduate and graduate students, publishing quality research and providing
service to the professional community. We prepare students for successful careers with
increasing professional and managerial responsibility in public accounting as well as
government and industry and prepare undergraduate students for admission to graduate
programs in accounting and business.
Instructor Stan Lewis, DBA, CPA, CFE, CCEA
Office Location & Hours 119 Bibb-Graves Hall. Weekly you may contact me in person
during the following days and time periods: Tuesday & Thursday – 10:00 – 11:30 am
and 1:00 – 2:30 pm; and Wednesday 10:00 am - 1:00 pm. I'm available by email at any
time or by telephone during my office hours (US CST/CDT).
Contact Information Telephone: 334-808-6164; 334-670-3136 (Administrative
Assistant Ms. Patsy Brown); and 334-670-3592 (FAX). Email: sxlewis@troy.edu
Lewis
ACT 6691
Class Location & Time Bibb Graves 211, 1:00 pm to 3:45pm W.
Exams There are two exams for the course. The dates are provided in the Course
Schedule section (see below). Each exam will be closed book/closed notes and will
consist of multiple choice, true/false, matching questions, problems, and short-answeressay. You may use a calculator only during the exam. You may not talk to other
students, look on other students exams and answer sheets, exchange information, etc.
during the exam. You will not be permitted to use an English language translator or
dictionary during the exam. A valid student ID or the equivalent must be available if
requested by a proctor at each exam.
Assignments These are the assignment problems listed under Course Schedule. Late
submissions are not accepted for any reason. Each assignment should be prepared in a
style consistent with that used in your undergraduate accounting and business courses
and with expectations for documentation that are found in the professional workplace.
Cell Phone & Other Electronic Devices Use of any electronic devise by students in the
instructional environment is prohibited unless explicitly approved on a case-by-case
basis by the instructor of record or by the Office of Disability Services in collaboration
with the instructor. Cellular phones, pagers, and other communication devices may be
used for emergencies, however, but sending or receiving non-emergency messages is
forbidden by the University. Particularly, use of a communication device to violate the
Troy University “Standards of Conduct” will result in appropriate disciplinary action (See
the Oracle.)
In order to receive emergency messages from the University or family members, the call
receipt indicator on devices must be in the vibration mode or other unobtrusive mode of
indication. Students receiving calls that they believe to be emergency calls must answer
quietly without disturbing the teaching environment. If the call is an emergency, they
must move unobtrusively and quietly from the instructional area and notify the instructor
as soon as reasonably possible. Students who are expecting an emergency call should
inform the instructor before the start of the instructional period.”
Photo ID Required For each exam you must have available a student photo ID or the
equivalent when requested by the instructor and/or proctor.
Grading Methods & Scale Exams- 700 points (70 percent) divided among the listed
lecture/chapter-based exams. Assignments (which includes problems, cases, class
participation, and attendance) – 150 points (15 percent). Case Analysis 150 points (15
percent) which includes the book for the common reading initiative and a case that will
be distributed in toward the end of the semester . Assignment points are only recorded
at the conclusion of the course. The course letter grade is based upon 1000 points (100
percent) and the following grading scale is used: 90%-100% A; 80%- 89% B; 70%79% C; 60%- 69% D; and below 60% F.
Class Procedure and Requirements The student will be expected to: (a) punctually
attend all scheduled lectures (class periods). Students who arrive at class after the start of
the lecture may be marked absent and (b) be penalized on the assignment portion of your
course grade including the bonus points/extra credit component.
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ACT 6691
Americans With Disabilities Act (ADA) Any student whose disabilities fall within ADA
must inform the instructor at the beginning of the term of any special needs or equipment
necessary to accomplish the requirements for this course. Students who have or may
be dealing with a disability or learning difficulty should speak with the instructor and
contact the Office of Adaptive Needs Program at call 670-3221/3222. Various
accommodations are available through the Adaptive Needs Program.
Attendance Policy Physical class meetings are part of this course; participation is
expected and is integral to the course. Attendance is checked daily.
Make-up Work Policy The policy is simple "You do not make up exams, assignments,
and the case."
Incomplete Grade Policy If circumstances will prevent the student from completing
the course by the end of the term, the student should complete a request for an
incomplete grade under the established university policy.
Cheating Policy If you are caught cheating, you will get a course grade of "F." See
Student Handbook for the definition and university policy on cheating. Plagiarism is a
form of cheating as is copying another’s assignments.
Course Schedule
Week & Dates
Week 1
Aug 14
Week 2
Aug 21
Activities & Assignments
First Class Period – Introduction to the course
Chapter 15: The Nature of Management Accounting and review of
chapters 1 - 14.
Assignment 1: Problems 15-1, 15-3, and 15-4.
Week 3
Aug 28
Chapter 16: The Behavior of Costs and review of chapters 1 - 14
Assignment 2: Problems 16-2, 16-3.
Week 4
Sep 4
Chapter 17: Full Costs and Their Uses and review of chapters 1 - 14.
Assignment 3: Problems 17-1, 17-2, 17-3, and 17-4.
Week 5
Sep 11
Chapter 18: Additional Aspects of Product Costing Systems
Assignment 4: Problems 18-1, 18-2, 18-3 and 18-4.
Week 6
Sep 18
Exam 1: Chapters 15 - 18 and chapters 1 - 14. Scantron form and
pencil required.
Week 7
Chapter 19: Standard Costs, Variable Costing Systems, Quality Costs,
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ACT 6691
Sep 25
and Joint Costs
Assignment 5: Problems 19-1, 19-2 and 19-3.
Week 8
Oct 2
Chapter 20: Production Costs Variance Analysis
Assignment 6: Problems 20-1 and 20-2.
Chapter 21: Other Variance Analysis
Assignment 7: Problems 21-1 and 21-3.
Week 9
Oct 9
Chapter 22: Control: The Management Control Environment
Assignment 8: Problems 22-1, 22-2, and 22-3.
Week 10
Oct 16
Week 11
Oct 23
Exam 2: Chapters 19 - 22. Scantron form and pencil required.
Chapter 23: Control: The Management Control Process
Assignment 9: Problems 23-1, 23-2, 23-3, and 23-4.
Week 12
Oct 30
Chapter 24: Strategic Planning and Budgeting
Assignment 10: Problems 24-1, 24-2, and 24-3.
Week 13
Nov 6
Chapter 25: Reporting and Evaluation
Assignment 11: Problems 25-1, 25-2, and 25-3.
Week 14
Nov 13
Chapter 26: Short-Run Alternatives Choice Decisions
Assignment 12: Problems 26-1, 26-2, and 26-3.
Chapter 27: Longer-Run Decisions: Capital Budgeting
Week 15
Nov 20
Assignment 13: Problems 27-1 and 27-3.
Final Exam: Chapters 23 - 27. Scantron form and pencil required.
Note: The reading initiative book will be integrated into various topics as appropriate.
This becomes part of the assignment for that given class period.
Lewis
ACT 6691