Course Outline

Course: Instructor:

ACC630M Managerial Accounting

Thomas Francl, MBA, CMA Office: 760.751.1111 Prefer contact via email. Email: TFrancl@NU.edu Must use the Subject Line: ACC630M Lastname, Firstname
Garrison, Ray H., Noreen, Eric W., Brewer, Peter C., Managerial Accounting, 14th Edition, 2012, ISBN: 978-0-07-811100-6, McGraw-Hill Irwin Access to the Internet and email are required. Microsoft Word, Excel 2007 or above are required. ACC601

Textbook:

Computer: Prerequisite: Course Description:

The first course in a two course sequence. Tracking, recording, and analyzing costs associated with the products or activities of an organization. Cost terminology, cost measurement concepts, cost accumulation systems, accumulating and allocating overhead costs using various cost drivers.

Learning Outcomes:
Upon successful completion of this course, the student will be able to: 1 Comprehend the role of management accountants and the importance of ethical standards in a market economy. 2 Apply various techniques for analyzing mixed costs into variable vs. fixed components and use the results to predict costs at forecasted levels of activity. 3 Evaluate job order and process costing and apply them in the determination of product costs. 4 Integrate the principles of cost-volume-profit analysis in the computation of break-even point, margin of safety, and related analytical tools. 5 Explain how variable costing differs from absorption costing and compute unit product costs for each method. 6 Evaluate activity-based costing and activity-based management over traditional approaches and their applications. 7 Evaluate operational budgeting in terms of the process by which it is implemented and its possible benefits to the organization. 8 Apply the concept of flexible budgeting and demonstrate why it may be more appropriate than a static budget for measuring a manager's performance.

Grading Factors:
Homework (21 @ 10 points each) Threaded Discussions (12 @ 15 points each) Quizzes (3 @ 140 points each) Final Exam Total 210 180 420 190 1,000

Course Grading:
A
A-

96-100 90-95

B+ B B-

87-89 84-86 80-83

C+ C C-

77-79 74-76 70-73

D+ D D-

67-69 64-66 60-63

Subject Matter Lectures:

There will be NO formal lectures in this course. Rather than require the student to attend two prescribed lectures each week, the student is afforded the opportunity to view the lecture slides in a video format with voice narration on his or her own schedule. To supplement that material each topic is accompanied by a real world video explaining why the subject matter is important to ones career. The automated lectures are approximately a half hour long and the real world videos are normally less than 12 minutes. They can be viewed anywhere, anytime, and most any device. Note that the videos include all appendices from the text. Not all appendices are included in this course. Refer to the schedule on the last page for more detail. All videos are either the standard MP4. They can be viewed on most computers and many tablets. Only two or three of each type of video will need to be viewed each week. All videos can be downloaded from eCollege and it is suggested that you download the entire weeks material at one time to avoid potential technical delays later. If you do not have equipment capable of playing the videos, you can take advantage of the equipment at any National University site or at most libraries.

ClassLive Pro Sessions:

Unlike some institutions of higher learning, your instructor is available for two LIVE chat sessions each week. Further, the instructor will be reviewing written assignments and responding to email questions in a timely manner. Teaching is a one-way effort. Your goal is to Learn and that burden is on you. The live sessions are an important part of your learning the subject matter, especially in an accounting class where most students do not have accounting-related background or life experience, and therefore need more voice/visual explanation to help them master new and unfamiliar concepts. Live sessions will be conducted on Tuesdays and Thursdays beginning at 6:30 PM Pacific Time. The session will normally conclude by 8:30 PM depending upon student participation. Attendance in these live sessions is highly encouraged. Missing a single session is similar to missing almost two weeks in a traditional college format. On Tuesday, the typical session format will include discussion of the previous weeks quiz and other topics raised by the students. An introduction to the current weeks material will follow. On Thursday, the typical session format will review the Threaded Discussions, Practice Quizzes, and Homework. Students will have the opportunity to raise any questions about the lecture material. Purchase a Combination Head Set and Microphone. Integrated microphones and speakers are not recommended due to the feedback. Decent headsets can be purchased for under $30. Everybody is encouraged to actively participate in each chat using the michophone to ask questions or respond to questions from the faculty or other students. Kindly REFRAIN from typing on the text box so that all participants can concentrate on whatever item is being discussed.

Homework:
Each of the four electronic weeks begins on Monday, with the weeks assignments due by Thursday at 6:00 PM Pacific Time. Assignments are to be submitted in the Homework Dropbox. Answers must be submitted in Excel. Assignment grades will be reduced 25% if not received by the deadline and by 50% if not received within a week of the deadline. A deduction of up to 10% will be made for misnamed files, poor formatting, bad grammar, or improper software selection. Students are encouraged to work together to arrive at solutions but must not copy from one another. If two or more students turn in solutions that have been copied, neither will receive credit. Copying the homework assignments from the instructors solution manual defeats the whole purpose of doing homework and will not be accepted for credit.

Threaded Discussions:
Each week, two Threaded Discussion Questions will be posted. Each student is expected to post three responses:

1. One response to each question 2. One commentary on another students response It is required that you actively participate in these discussions each week. Your responses are to be posted by Thursday at 6:00 PM Pacific Time to earn credit. Late responses will not be graded. Your comments should add significantly to the discussion by suggesting alternative solutions, pointing out problems, or even totally disagreeing. Make sure to provide reasons for your position. Please note that you will be graded on the quality and substance of your responses. Just saying "I agree" does not count. You need to add value to the discussion. The following factors will be taken into consideration: 1. The quality of your response 2. The timeliness of your response 3. The degree to which your comments stimulated further discussion 4. Appropriate application of principles or concepts Be positive in your approach to others and careful about your words. Since we cannot see each other, it is hard to tell if you are bashful, bored, sarcastic, or just kidding. Use these discussions to develop your collaborative teamwork and interaction skills.

Weekly Quizzes:
There will be three quizzes during the month. Each one is scheduled for weekend following the weeks classwork beginning at 7:00 AM on Saturday and concluding at 11:59 PM Sunday Pacific Time. Further details about each quiz will be available on the previous chat session. The quiz will be based upon material from the text, that weeks videos, and the homework assignments. Each chapter is accompanied by a Practice Quiz. These practice exams are meant to prepare you for the live quiz

LinkedIn Group:
A private group has been created for this class at LinkedIn.com. If you are not a member of LinkedIn, you are encouraged to join as this is the primary business-related site that will help your career. There is a saying that its not what you know but who you know. This course and this group will enhance both of those advantages. There is no charge to join. At LinkedIn.com, click on Interests, Groups and search for National University Managerial Accounting. Joining the group must be approved by your instructor. Use this forum to get to know each other, pose questions, and solve problems. Keep it professional as you would in the workplace. There is also another group that you should consider joining, the Accounting Circle. This group is a student-centric association that sponsors quarterly online meetings and newsletters. For more information, visit www.AccountingCircle.org.

Refund Policy:
In order to obtain a refund on any course fee, you must drop a course prior to midnight Pacific Time (PT) of the ninth (9th) day of the session, and no grade or notation appears on your student record. The term withdrawal signifies that a student has withdrawn from a course after midnight (PT) of the ninth (9th) day of the session, and a W will appear on the students record. Students who withdraw after midnight (PT) of the twenty-first (21st) day of the session will receive a grade of F or U, as appropriate for the course. This is a permanent mark with no grade points assigned. Notifying the instructor of ones intent to withdraw is insufficient and will not constitute an official withdrawal. Students may drop a course prior to midnight (PT) of the ninth (9th) day of the session, by calling 866-NU-ACCESS (1-866-682-2237) or emailing scs@nu.edu. The student is responsible for ensuring that the drop or withdraw is reflected in their record appropriately by viewing their schedule on the student web portal.

Ethics:
The morally correct course of action is paramount in the accounting profession. Ethical behavior is demanded despite the pressures to show profitability or the desire for personal profit. Ethical behavior in the classroom is also required of every student. Students are also expected to identify ethical policies and practices relevant to course topics.

Plagiarism is the presentation of someone elses ideas or work as ones own. If two or more students turn in solutions that have been copied, neither will receive credit. Copying the homework assignments from an instructors solution manual defeats the whole purpose of doing homework and will not be accepted for credit. Students found plagiarizing are subject to the penalties outlined in the Policies and Procedures section of the University Catalog, which may include a failing grade for the work in question or for the entire course.

Civility:
As a diverse community of learners, students must strive to work together in a setting of civility, tolerance, and respect for each other and for the instructor. Conflicting opinions among members of a class are to be respected and responded to in a professional manner. Side conversations or other distracting behaviors are not to be engaged in during lectures, class discussions or presentations. There are to be no offensive comments, language, or gestures.

Technology:
Students are expected to be competent in using word processing, spreadsheet, presentation, and e-mail software in this course.

Writing Across the Curriculum:

Students are expected to demonstrate writing skills in describing, analyzing and evaluating ideas and experiences. Written reports and research papers must follow specific standards regarding citations of an authors work within the text and references at the end of the paper. Students are encouraged to use the services of the Universitys Writing Center when preparing materials.

National University Library:

National University Library supports academic rigor and student academic success by providing access to scholarly books and journals both electronically and in hard copy. Print materials may be accessed at the Library in San Diego or through document delivery for online and regional students. Librarians are available to provide training, reference assistance, and mentoring at the San Diego Library and virtually for online or regional students. Please take advantage of Library resources: http://library.nu.edu. Contact the Library: RefDesk@nu.edu 858-541-7900 (direct line) 1-866-NU ACCESS x7900

Web Site Links:

Institute of Management Accountants (IMA): www.imanet.org American Accounting Association: FASB Codification Directory of accounting web site resources: http://www.rutgers.edu/accounting/raw Financial Accounting Standards Board (FASB): http://www.fasb.org Government Accounting Standards Board (GASB): http://www.gasb.org American Institute of CPAs (AICPA): http://www.aicpa.org California CPA licensing board: http://www.dca.ca.gov/cba/ Financial information on public companies: http://www.sec.gov/edgar Federal tax code research: http://www.tns.lcs.mit.edu:80/uscode/ CPA Journal: http://www.cpajournal.com California Society of CPAs: www.calcpa.org Directory of CPA firms: http://www.cpafirms.com Accounting jobs: http://www.accountingjobstoday.com These web sites have hundreds of self-paced videos about accounting topics and business tools, such as Excel: http://www.accountingcoach.com http://www.gcflearnfree.org/topics http://www.nysscpa.org/glossary/

ACC630 Session Outline

Week Activity Assignments Due by 6:00 pm Thursday 1 Learning Outcomes: 1. Comprehend the role of management accountants and the importance of ethical standards in a market economy. 2. Apply various techniques for analyzing mixed costs into variable vs. fixed components and use the results to predict costs at forecasted levels of activity. 3. Evaluate job order and process costing and apply them in the determination of product costs. Course outline review Ch. 1 Managerial Accounting Overview Ch. 2 Cost Concepts including appendices A & B Ch. 3 Job Order Costing no appendices

E2-4 E2-5 E2-7 E3-3 E3-4 E3-7

Quiz 1 on eCollege is open from 7:00 AM Saturday until 11:59 PM on Sunday Pacific Time. You have two hours to complete the quiz. There are 41 multiple choice questions. 2 Learning Outcomes: 3. Evaluate job order and process costing and apply them in the determination of product costs. 4. Integrate the principles of cost-volume-profit analysis in the computation of break-even point, margin of safety, and related analytical tools. Ch. 4 Process Costing including appendix A Ch. 5 Cost-Volume-Profit E4-2 E4-3 E4-6 E5-2 E5-5

Quiz 2 on eCollege is open from 7:00 AM Saturday until 11:59 PM on Sunday Pacific Time. You have two hours to complete the quiz. There are 18 multiple choice questions. 3 Learning Outcomes: 5. Explain how variable costing differs from absorption costing and compute unit product costs for each method. 6. Evaluate activity-based costing and activity-based management over traditional approaches and their applications. Ch. 6 Variable and Absorption Costing Ch. 7 Activity-Based Costing no appendices E6-1 E6-4 E6-6 E7-3 E7-4

Quiz 3 on eCollege is open from 7:00 AM Saturday until 11:59 PM on Sunday Pacific Time. You have two hours to complete the quiz. There are 23 multiple choice questions. 4 Learning Outcomes: 7. Evaluate operational budgeting in terms of the process by which it is implemented and its possible benefits to the organization. 8. Apply the concept of flexible budgeting and demonstrate why it may be more appropriate than a static budget for measuring a manager's performance.

E8-1 E8-2 E8-8 Ch. 8 Profit Planning E9-2 E9-3 Ch. 9 Flexible Budgeting The Final Exam on eCollege is open from 7:00 AM Saturday until 11:59 PM on Sunday Pacific Time. You have four hours to complete the exam which covers all nine chapters.