Oklahoma State University Institute of Technology Face-to-Face Common Syllabus Spring 2016 ACCT 2213 Managerial Accounting The use of both historical and estimated data in providing information that management uses in conducting daily operations, in planning future operations and in developing overall business strategies. Type of course: Theory, Credit Hours: 3, Total hours of theory per semester Total hours of lab for the semester: 0: Total hours of clinical per semester: 0 Class length - Full Semester, Class days and times: Monday, Wednesday, Friday Prerequisites: Financial Accounting Instructor Name: Jewell Stacy Office: NCAT Rm #212B Instructor email: jewell.stacy@okstate.edu Contact: My preferred method of contact is EMAIL. Please allow 24-48 hours to return your correspondence during the normal work week. Instructor's Office Hours: MW 11:30-12:25 & 1:30 – 2:30 pm CST To arrange appointments email to set up a date and time. Division Name: Arts and Sciences Division’s Main Phone: 918-293-4768 REQUIRED TEXT, REFERENCES, AND MATERIALS Texts: Financial and Managerial Accounting, Warren, Reeve, Duchac 13e Student Copy ISBN #978-1305516717 With Access Code References: None Materials: Notebooks, writing utensils, project supplies, data storage devices, tools, Uniform/Tools: None Estimated Cost for Materials: Textbook range $200.00, notebook, writing utensils, thumb drive, calculator, $20.00-$35.00. Estimated Cost for Uniform/Tools: N/A Updated: January 4, 2016 Page 1 of 13 Upon completion of the course, students should: Course Objectives Assessment of Objectives 1. To develop an understanding of basic accounting theory and practice with the purpose of meeting the needs of both accounting and non-accounting majors. 2. To develop an understanding and appreciation of the Values of accounting theory and practice for general vocational, and professional purposes. 3. To develop an understanding of the cash flow statement Exams, in-class work, homework 4. To develop an understanding of the accounting for manufacturing businesses. 5. To develop an understanding of the nature and importance of financial statement analysis. 6. To develop an understanding of the nature and importance of job and process accounting. 7. To develop an understanding of the nature and importance of budgeting and variance analysis. 8. *To demonstrate the ability to relate financial and managerial accounting to the real world. 9. To make the course an enjoyable and successful learning experience for all students. Exams, homework, Practice Set Exams, homework Exams, homework, Practice Set Exams, homework, Practice Set Exams, homework, Practice Set Exams, homework, Practice Set A practice set In class discussion Aspects of the course objective assessments may be used in the university’s assessment of student learning. If applicable, an asterisk (*) above indicates this course is used in the university assessment program. Updated: January 4, 2016 Page 2 of 13 COURSE ACTIVITIES In this course students will: Participate in class discussions and activities. Participate in discussions of reading. Submit a semester accounting project. Contribute to a course Service Learning project. Take examinations. Complete reading assignments. May be required to do quizzes. EVALUATION - GRADES WILL BE BASED ON THE QUALITY AND COMPLETION OF THESE TASKS: Accessments (3) Practice Exercise Class Participation Homework Total 30% 300 points 12% 120 Points 10% 100 points (2.2 Points per class) 48% 480 points 1000 points OSUIT Grading Scale A = 90%-100% B = 80%-89% C = 70%-79% D = 60%-69% F = 59% & below (Bonus points given for community service projects and email assignments) To receive Class Participation Points a student must be in class and working to receive Points. *The student’s grade for this assignment will be used in the university’s assessment of student learning. A 70% competency or higher receives a Pass rating. This Pass/Fail rating is independent of the student’s course grade. Daily and/or weekly quizzes, small weekly assignments and similar type projects: Normal return time to student by next class meeting or no later than one (1) week. Extensive assignments, large lab projects, extensive quizzes, exams and similar type projects: Normal return time to students in one (1) to two (2) weeks. AUTHORIZED TOOLS Students may use any/all course materials, including books and notes, while participating in classroom activities. All quizzes and written assignments are to be completed independently; no Updated: January 4, 2016 Page 3 of 13 collaboration with classmates is permitted and any instance of such will be considered academic dishonesty. INSTRUCTOR’S POLICY ON LATE WORK All assignments must be turned in by the due date specified with each assignment. Late work is not accepted. Be sure all assignments are completed uploaded/turned in by the deadline of the assigned due date to receive credit. It is up to the student to plan his or her time so assignments will be submitted on time--this includes planning for technical difficulties such as problems with the computer, Internet Service Provider, Cengage, or Desire2Learn. If the student waits until near the deadline and does experience such difficulties, the work is late and will receive a zero. The most successful students are those who regularly set aside a time to devote to their class each week. There will not be extra credit in this course, so it important to keep up with all due dates. Also, there will be no makeup exams. If a student misses an exam, it will result in a zero for that exam. It is recommended you not wait until the due date to try to rush through one or more assignments, projects, quizzes, or exams as the deadline is approaching. The due date is not the day you should first attempt an assignment or a week’s worth of assignments; it is the last possible time you will be allowed to submit your assignment(s). Plan ahead/work ahead-this will give you some flexibility when “life” occurs (sick child, forgot about assignment, family crisis, called in at work, holidays, etc.). If you choose not to work ahead, when “life” happens, you will get a zero on the assignment because you missed the due date and time. INSTRUCTOR’S POLICY ON IN-CLASS ASSIGNMENTS/GROUP WORK Definition: In class assignments. Work that is assigned and to be completed within a given class period – on the date assigned. If your absent on the date an assignment is given/due you will receive a zero for non-completion of work (work not submitted by due date) NO LATE WORK OR MAKE UP WORK ALLOWED ON DAILY ASSIGNMENTS. Group Work: Working within a group to accomplish a goal/task. Some group work will require a presentation of content. If absent on the day your group presents a zero will be given for nonparticipation of project presentation. NO LATE WORK OR MAKE UP WORK ALLOWED ON GROUP WORK ASSIGNMENTS TESTING No collaboration with classmates is permitted and any instance of such will be considered academic dishonesty. UNIVERSITY & COURSE EXPECTATIONS It is the responsibility of each OSUIT student to read, abide by and maintain a copy of the syllabus for this course. Syllabi are available on the OSUIT website. Students understand that excerpts or portions of their work may be utilized for institutional assessment purposes. The purpose of institutional assessment is for verification of student learning and program improvement. Every effort will be made to keep this information confidential. Updated: January 4, 2016 Page 4 of 13 AMERICANS WITH DISABILITIES ACT (ADA) According to the Americans with Disabilities Act, each student with a disability is responsible for notifying the University of his/her disability and requesting accommodations. If you think you have a qualified disability and need special accommodations, you should notify the instructor and request verification of eligibility for accommodations from the Office of Academic Accommodations/LASSO Center. Please advise the instructor of your disability as soon as possible, and contact The LASSO Center, located in the Noble Center for Advancing Technology – NCAT, top floor, and 918-293-4855 to ensure timely implementation of appropriate accommodations. Faculty have an obligation to respond when they receive official notice of a disability but are under no obligation to provide retroactive accommodations. To receive services, you must submit appropriate documentation and complete an intake process during which the existence of a qualified disability is verified and reasonable accommodations are identified. (Fall 2013) ACADEMIC DISHONESTY Academic dishonesty or misconduct is neither condoned nor tolerated at OSUIT. Any student found guilty of academic dishonesty or misconduct shall be subject to disciplinary action. Academic dishonesty and/or misconduct includes, but is not limited to, the following actions: (1) Plagiarism: the representation of previously written, published, or creative work as one’s own; (2) Unauthorized collaboration on projects; (3) Cheating on examinations; (4) Unauthorized advance access to exams; (5) Fraudulent alteration of academic materials; (6) Knowing cooperation with another person in an academically dishonest undertaking. Students are required to actively protect their work against misuse by others. For details, refer to The OSUIT Student Handbook (Student Rights and Responsibilities Governing Student Behavior) available online at http://www.osuit.edu/academics/forms/student_rights_responsibility.pdf. ATTENDANCE POLICY FOR FACE-TO-FACE COURSES A primary component of OSUIT's Mission is “to prepare and sustain a diverse student body as competitive members of a world-class workforce.” Regular and consistent attendance not only aids in academic success, dependable attendance is a requirement in today's real-world employment; therefore, regular and consistent attendance is a requirement in all OSUIT courses. Definitions: Absent: Failing to attend all or a significant portion of a class or lab session. A. Students may not be marked as absent if missing class for situations such as, but not limited to 1. participating in a required university activity such as a field trip; 2. fulfilling a military obligation; 3. a mandatory court appearance; 4. death in the immediate family; 5. extreme illness or accident to oneself or immediate family. Instructors, at their discretion, may require proof of such events. B. It is the responsibility of the student to contact and inform the instructor and/or department in advance of such excused absences whenever possible. Tardy: Arriving late to class as defined by the individual class instructor. Faculty, at their discretion, may equate three tardies to equal one absence. Updated: January 4, 2016 Page 5 of 13 Procedures: Early Intervention A. Any student who misses 10% of an individual course (or earlier at faculty discretion) during a regular fifteen-week semester, or the equivalent portion of time in a shorter session, will have their name submitted by that course instructor to the OSUIT Early Alert System for retention intervention. B. At the point the Early Alert is issued, the student must meet with their assigned faculty advisor or designated faculty/staff member within seven (7) academic calendar days for counseling on how to improve their attendance and academic success. Excessive Absences A. The University reserves the right to administratively withdraw any student from an individual course who misses 20% of that course, whether excused or unexcused, and, in the opinion of the instructor, the student does not have a reasonable opportunity to be successful in the course. B. Students should be aware any of the following may impact their financial aid: 1. being administratively withdrawn from a course 2. dropping a course 3. their last date of attendance in a course Please see OSUIT Policy 2-021 for full details and procedures. Updated: January 4, 2016 Page 6 of 13 Week 1 Date Jan. 6 Jan. 8 Day Daily Work Wed. Course syllabus, D2L Rm 307 quiz on-line Explain BookAssignments Cengage Setup PowerPoint Chapter 14 Fri. Rm 202 Statement of Cash Flow Handouts (Working Thru Practice Exercises will help with Assignments! Pages 29-32 They are short and you have examples in chapter to assist you) 2 Jan. 11 PowerPoint Chapter 15 Mon. Rm 202 Financial Statement Analysis Computer Lab “Assignment assistance – you must work outside the classroom to complete work to turn in when it is due” Jan. 13 Wed. Rm 307 Jan. 15 Computer Lab Fri. Rm 307 Assignments Must have Books and Code for Cengage Now. Supplies, Pencil/Paper Read Chapter 1 take quiz Due Jan. 6, by 11:59 pm CST Math Review & How to use Cengage Practice Exercises for Chapter 14 (all a’s) Chapter 14 HW # 1 Exercises 14-1, 14-2, 14-3, 14-4, 14-5, 14-8, 14-9, 14-10, 14-11, 14-12, 14-13, 14-15, 14-18, 14-19,14-22, 14-23, 14-24 Chapter 14 HW #2 Problems 14-1A, 14-4A 14-5A All Due by Sunday 1/10@ 11:00 pm CST Read Chapter 15 Practice Exercises for Chapter 15 (all A’s) Homework #1 Ex’s. 15-1, 15-2, 15-3, 15-4, 15-5, 15-6, 15-8, 15-9, 15-10, 15-12, 1513, 15-16, 15-17, 15-19, 15-21, 15-22, Homework #2 Problems 15-1A, 15-2A, 15-4A Homework #3 Nike, Inc., Problem All Due by Sunday 1/17@11:00 pm CST Read Chapter 16 Updated: January 4, 2016 Page 7 of 13 Week 3 Date Jan. 18 Day Mon. NO School Daily Work PowerPoint Chapter 16 Managerial Accounting Concepts and Principles Available on line D2L 4 Jan. 20 Wed. Rm. 307 Jan. 22 Fri Rm 307 Jan. 25 Mon. Rm 202 Wed. Rm 307 Jan. 27 Jan. 29 Updated: January 4, 2016 Fri. Rm 307 “Assignment assistance – you must work outside the classroom to complete work to turn in when it is due” Assignment assistance PowerPoint Chapter 17 Job Order Costing Computer Lab “Assignment assistance – you must work outside the classroom to complete work to turn in when it is due” Computer Lab Assignment assistance Assignments Practice Exercises for Chapter Chapter 16 HW #1 Ex’s. 16-3, 16-4, 16-5, 16-7, 16-9, 16-10, 16-14, 16-15, Chapter 16 HW #2 Ex’s. 16-6, 16-7, Problems 16-3B, 16-5A All work Due Jan. 24, @ 11:00 pm CST Read Chapter 17, Practice Exercises for Chapter Chapter 17, HW #1 Ex’s. 17-1, 17-2, 17-3, 17-4, 17-5, 17-6, 17-8, 17-9, 17-11, 17-14, Chapter 17 HW #2 Problems 17-1A, 17-3A All Due Jan. 31, @ 11:00 pm CST Read Chapter 18 Page 8 of 13 Week 5 Date Feb. 1 Day Mon. Rm 202 Daily Work PowerPoint Chapter 18 Process Cost Systems Assignments Practice Exercises for Chapter Chapter 18, HW #1 Exercises 18-1, 18-2, 18-3, 18-4, 18-5, 18-6, 18-7, 18-8, 18-10, 18-11, 18-16, Chapter 5, HW #2 Problems 18-1A, 18-2A, 18-3A, All work Due Feb. 7,@ 11:00 pm CST Read Chapter 20 5 Feb. 3 Feb. 5 6 Feb. 8 Feb. 10 Feb. 12 Updated: January 4, 2016 Wed. Rm 307 Fri. Rm 307 Mon. Rm 202 Computer Lab Computer Lab Assignment assistance PowerPoint Chapter 20 Variable Costing for Management Analysis Computer Lab Wed. Rm 307 “Assignment assistance – Fri. Rm 307 you must work outside the classroom to complete work to turn in when it is due” Computer Lab Assignment assistance “Assignment assistance – you must work outside the classroom to complete work to turn in when it is due” Practice Exercises for Chapter Chapter 20 HW #1 Exercises 20-1, 20-2, 204, 20-5, 20-6, 20-8, 20-9, 20-10, Chapter 20, HW #2 Exercises 20-11, 20-12, 20-14, 20-15, 20-16, 2019, 20-20, 20-21 Chapter 20, HW #3 Problems 20-1A, 20-2A, 20-3A, 20-4A All Due Feb. 14, @ 11:00 pm CST Page 9 of 13 Week 7 Date Feb. 15 Feb. 17 8 Daily Work PowerPoint Chapter 21 Mon. Rm 307 Budgeting “Assignment assistance – Wed. Rm 307 you must work outside the Feb. 19 Fri. Rm 307 classroom to complete work to turn in when it is due” Computer Lab “Assignment assistance Feb. 22 Mon. Rm 307 Chapter 21 Continued Budgeting Feb. 24 Computer Lab Wed. Rm 307 “Assignment assistance – Feb. 26 9 Day Feb. 29 you must work outside the classroom to complete work to turn in when it is due” Computer Lab Assignment assistance” Fri. Rm 307 PowerPoint Chapter 22 Mon. Rm 202 Performance Evaluation Using Variances from Standard Cost March 2 March 4 Computer Lab Wed. Rm 307 “Assignment assistance” Computer Lab Fri. Rm 307 “Assignment assistance – you must work outside the classroom to complete work to turn in when it is due” Assignments Practice Exercises for Chapter Chapter 21 HW #1 Exercises 21-1, 21-2, 213, 21-4, 21-5, 21-6, 21-7, 21-8, 21-9, 21-11, 21-12 Chapter 21, HW #2 21-13, 21-14, 21-15, 2116, 21-17, Animated Activity. The Budget All Due Feb. 21, @ 11:00 pm CST Chapter 21, HW #3 Exercises 21-18, 21-19, 21-20, 21-21, Problems 21-1A, 21-2A, 21-3A, 21-4A, 21-5A All Due Feb. 28, @ 11:00 pm CST Read Chapter 22 Practice Exercises for Chapter Chapter 22 HW #1 Exercises 22-1, 22-2, 22-3, 22-5, 22-6, 22-7, 22-9, 22-10, 22-11, 2213, 22-14, 22-16, 22-17, 22-19 Chapter 22, HW #2, Problems 22-1A, 22-2A, 22-3A All Work Due March 6, @ 11:00 pm CST Read Chapter 23 Updated: January 4, 2016 Page 10 of 13 Week 10 Date March 7 Day Daily Work Chapter 22 Continued Mon. Rm 202 Performance Evaluation Assignments Chapter 22 HW #3 Comprehensive Problem Using Variances from Standard Cost March 9 March 11 Computer Lab Wed. Rm 307 “Assignment assistance – Fri. Rm 307 All Work Due March 20, @ 11:00 pm CST Read Chapter 23 you must work outside the classroom to complete work to turn in when it is due” Computer Lab Assignment assistance Spring Break March 14 - 18 11 March 21, PowerPoint Chapter 23 Mon. Rm 202 Performance Evaluations for Decentralized Operations March 23 March 25 Computer Lab Wed. Rm 307 “Assignment assistance – Fri. Rm 307 you must work outside the classroom to complete work to turn in when it is due” Computer Lab Room 102 “Assignment assistance Practice Exercises for Chapter Chapter 23 HW #1 Exercises 23-1, 23-2, 23-3, 23-4, 23-5, 23-6, 23-7, 23-9, Chapter 23, HW #2 Exercises 23-10, 23-11, 23-12, 23-13, 23-14, 2318, 23-19, 23-21 Chapter 23 HW #3 Problems 23-1A, 23-2A, 23-3A All Due March 27, @ 11:00 pm CST Read Chapter 24 Updated: January 4, 2016 Page 11 of 13 Week 12 Date March 28 March 30 April 1 Day Daily Work PowerPoint Chapter 24 Mon. Rm 202 Differential Analysis and Product Pricing Computer Lab “Assignment assistance Wed. Rm 307 Computer Lab Fri. Rm 307 “Assignment assistance Assignments Practice Exercises for Chapter Chapter 24 HW #1 Exercises 24-1, 24-2, 243, 24-4, 24-5, 24-6, 24-7, 24-9, 24-11, 24-13, 2416, 24-19, 24-20 Chapter 24 HW #2 Problems 24-1A, 24-2A, 24-3A All Work Due April 3, @ 11:00 pm CST 13 April 4, PowerPoint Chapter 25 Mon. Capital Investment Rm 307 Analysis Assignment Assistance Wed. Rm 307 April 6 April 8 Assignment Assistance Fri. Rm 307 Read Chapter 25 Practice Exercises for Chapter Chapter 25, HW #1 Exercises 25-1, 25-2, 253, 25-4, 25-5, 25-6, 25-7, 25-8,25-9, 25-11, 25-12, 25-14, 25-15, 25-16 Chapter 25, HW #2 Problem 25-1A, 25-2A, 25-3A, 25-5A All Work Due April 10, @ 11:00 p.m. Read Chapter 26 14 April 11 PowerPoint Chapter 26 Mon. Rm 202 Cost Allocation and Activity-Based Costing April 13 April 15 15 April 18 April 20 Updated: January 4, 2016 Computer Lab Wed. Rm 307 “Assignment assistance Fri. Rm Computer Lab 307 Mon. Wed. Chapter 26, HW #1 Exercises 26-1, 26-2, 26-3, 26-4, 26-5, 26-6, 26-8, 26-9, 26-10, 26-12, 26-13, 26-14, 26-16, 26-20 Chapter 26, HW #2 Problem 26-1A, 26-2A, 26-4A All work Due April 17, @ 11:00 pm CST Final Projects All Work is NOW DUE Page 12 of 13 Last Day of the Semester Graduation April 22 Fri. Schedule is subject to change at Instructor’s discretion. Updated: January 4, 2016 Page 13 of 13