Course Information

ACCT 300 Applied Managerial Accounting
Spring 2020

California State University Channel Islands
School Of Business
Online Course Syllabus

Spring Semester 2020

COURSE OUTLINE AND ASSIGNMENTS

ACCT 300 Applied Managerial Accounting – Online Edition

David Mitchell

805:445-7121

david@mscg.com or David.Mitchell@csuci.edu

Office: Sage Hall 2033

Hours WF 8:00am – 9:00am

W 5:00pm – 6:00pm

Course Description: Presents and analyzes the principles, methods, procedures and applications for managerial accounting. Topics include understanding the business environment, cost concepts and classifications, job-order costing, process costing, cost behavior and relationships to volume and profits, variable costing, activity based costing, profit planning, standard costs, relevant costs, capital budgeting decision, cash flows, economic value added, and financial statement analysis.

Course Delivery: Watch the video-based online lectures posted on the CI Learn at https://cilearn.csuci.edu/courses/8617/modules. Participate in online discussions. Take the online exams as scheduled.

Required Prerequisites: Courses: ACCT 210 and ACCT 220 or equivalents. Technical: Due to the structure of the course, students must have a moderate level of competence in computer literacy. Students must be able to download materials, send materials via attachments, take timed quizzes in the online environment, and post responses to various topics/questions on the Discussion Forum via LearningStudio.

OBJECTIVES:

Program Learning Goals:

Critical thinking
Oral communication
Written communication
Collaboration
Conduct (ethics)
Competency in discipline

Students who successfully complete this course will be able to:

Identify information in financial statements critical to management decision-making, 1,3,5,6
Identify accounting data that are useful in managerial decision-making and planning, 1,3,5,6
Prepare and analyze a variety of business reports, prepared for internal and external use, 1,3,4,6
Identify, conceptualize, and develop solutions for the complex and critical decisions management must face. 1,4,6
Communicate logical, reasoned business information to support conclusions about management decisions through discussion, writing and oral presentations. 1,2,3,4,6
Use technology to simplify the gathering of and the analysis of this information. 1,4,6

REQUIRED TEXTS

Blocker, Chen, Cokens & Lin, Cost Management: A Strategic Emphasis, Sixth Edition, MacGraw-Hill

Goldratt & Cox, The Goal: A Process of Ongoing Improvement, Any Edition, North River Press, Inc., 1984 (Any edition of this book is fine)

GENERAL PROCEDURES

Class meetings are online and must be complete by 05/18/2020. Progress must be made pursuant to the schedule below.

Grade Determination

Your grade will be based on the following scale (note the +\- system will be used):

A 93 100

A- 90 92

B+ 87 89

B 83 86

B- 80 82

C+ 77 79

C 73 76

C- 70 72

D+ 67 69

D 63 66

D- 60 62

F 0 59

Your results on tests, quizzes, homework assignments and projects will determine your grade. The weights will be as follows:

Exam 1 20%

Exam 2 20%

Exam 3 20%

Computer Project 15%

Writing Project 10%

Homework 15%

No makeup’s will be given. If you are not available to take an exam on the planned date, you must make plans with the instructor to take the exam prior to the planned date.

Homework must be turned in prior to reviewing it in class in order to receive credit. Homework received late will not earn any credit. Homework will be assigned at least one class prior to its due date. It is your responsibility to know what the homework is.

The writing project will be a 2 to 3 page typed paper using the novel “The Goal” as a reference. After reading the book, you will apply the concepts to another situation. You will come up with the situation. In the paper, you will define the original context, explain how you will apply the theory of constraints, and finally discuss the results of the application.

The computer project is a master budget. You will prepare it using Microsoft Excel.

Make sure to include your name on all assignments in order to receive proper credit.

Class Procedure

The general approach of this course is online lecture, problem-solving, and discussion of matters relevant to the topic. The online lectures will emphasize applications of the concepts using examples. Although each topic will be introduced during an online session, the lectures are not meant to be a substitute for reading the text. Students who read the material ahead of attending an online lecture will benefit most from the online presentations. Online lectures will be presented based on the assumption that participation is necessary for success in college study and is important as a means for acquiring skills and clarification with respect to managerial accounting topics. Assignment changes and announcements may be made online. Students are responsible for these changes and announcements.

Academic Dishonesty

This class will adhere strictly to the schools policy on academic dishonesty.

Disabilities

This school and the instructor are committed to equal educational opportunities for qualified students with disabilities in compliance with Section 504 of the Federal Rehabilitation Act of 1973 and the Americans with Disabilities Act (ADA) of 1990. The school provides accommodations to assist students with disabilities to realize their academic and personal potential. Students with physical, learning, or other disabilities are encouraged to contact the Disability Accommodation Services office at 805:437-8510 for personal assistance and accommodations.

Subject to Change

Information contained in this syllabus, other than that mandated by the University, may be subject to change with advance notice, as deemed appropriate by the instructor.

Class Preparation

You are expected to be prepared for the online lecture. The section below indicates the subject matter we will discuss and problems we will solve during the online sessions. Read the appropriate chapters prior to the lecture and try to solve the problems prior to the respective online session. In addition to the problems given below, you will be assigned homework which will be reviewed online the session after it is assigned.

Time Commitment

Description Hours

1. Online Lectures 24.0

2. Professor Collaboration 8.0

3. Online Student Collaboration 8.0

4. Exams 4.0

5. Reading textbook & “The Goal” 20.0

6. Writing Project 5.0

7. Working on Assignments 29.0

8. Studying Course Related Materials 21.0

9. Budget Project 16. 0

Total 135.0

ASSIGNMENTS (Subject to Change at Instructor’s Discretion)

Week 1 Lecture Introduction

Review of financial accounting

Homework Handouts Ex M1_001 – Ex M1_004

Week 2 Lecture Ch. 1 – Cost Management & Strategy

Ch. 3 – Basic Cost Concepts

Homework Ch. 3 – 34, 43, Handouts Ex M2_001 – Ex M2_002

Week 3 Lecture Ch. 9 – Cost Behavior (cont.);

Homework Ch. 9 – 25, 37

Exam 1 Review, Ch. 1, 3, 9

Lecture Ch. 17 – The Management and Control of Quality

Homework Ch. 17 – 18, 54

Week 4 Lecture Ch. 7 – Cost Allocation

Homework Ch. 7 – 11, 13, 17, 18, 29, 31 Ch. 18 – Strategic Performance Measurement Homework Ch. 18-27, 40, 56 Ch. 10 – Budgeting Homework Ch. 10 – 19, 20, 28 Exam Ch. 7, 10. 17, 18 Writing Project Due

Ch. 5 – Activity-based Costing

Homework Ch. 5 – 28, 34

Week 7 Lecture Ch. 11 – Decision Making

Homework Ch. 11 – 22 (parts 1 and 2), 30(f), 44 Lecture Ch. 19 – Transfer Pricing

Homework Ch. 19 – 32, 33, 51

Excel Budget Project Due

13 – Cost Planning for the Product Life Cycle Ch. 13 – 38, 45

Ch. 5, 11, 13, 19

EQUIPMENT