ACCOUNTING 1020-100MANAGERIAL ACCOUNTING

CLASS SYLLABUS - SPRING 2015(Subject to Change)

Instructor: Rick Serafini, CPA, CMA, MACClass Location: OnlineEmail: rick_serafini@ivcc.eduOffice: A 327Office phone: 815-224-0392Office hours: Monday 8:30-9:00, 11:00-1:00

Wednesday 9:30-10:00, 11:00-1:00Also By Appointment

TABLE OF CONTENTS

I. Course DescriptionII. PrerequisiteIII. Expected Learning OutcomesIV. Course MaterialsV. Assessment of Student LearningVI. Grading ScaleVII. Contesting of GradesVIII. Structure of ClassIX. Classroom RulesX. Instructor ExpectationsXI. Assessment GuidelinesXII. Attendance PolicyXIII. Late Submission PolicyXIV. Extra Credit PolicyXV. Plagiarism & CheatingXVI. Special NeedsXVII. Withdrawal Policy & Financial AidXVIII. Communicating with the InstructorXIX. Student EmailXX. On-line RequirementsXXI. Assignments & Due DatesXXII. Class Schedule

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I. COURSE DESCRIPTION

Course with basic managerial accounting concepts and practice including classification of costs, cost-volume-profit relationships, manufacturing costs, job order and process cost systems, budgeting, standard cost and variance analysis, direct and absorption costing, cost allocation, decentralized operations, and capital budgeting.

II. PREREQUISITEACT 1010.

III. EXPECTED LEARNING OUTCOMES

Upon completion of the course, the student should have:● Understand accounting and its use in the business environment,● Understand cost terms, concepts, and cost classifications,● Understand job-order and process costing systems,● Understand cost behavior and its use in accounting,● Understand cost-volume-profit analysis,● Understand variable costing,● Understand the basics of ABC costing,● Understand profit planning, standard costs and flexible budgeting,● Understand segment reporting, and relevant costs, and● Understand capital budgeting decisions

IV. COURSE MATERIALS Managerial Accounting, Garrison, Noreen, Brewer, 15th EditionConnect Card to accompany Managerial Accounting

V. ASSESSMENT OF STUDENT LEARNING

Point DistributionExams 4 600 pointsFinal 1 100 pointsExcel Problems 10 50 pointsQuizzes 10 100 pointsChapter Assignments 10 100 pointsDiscussion Questions 10 50 points

Total 1,000 points

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VI. GRADING SCALE

90% - 100% (900 – 1,000) pts A80% - 89% (800 – 899) pts B65% - 79% (650 – 799) pts C50% - 64% (500 – 649) pts D< 50% < 500 F

The instructor reserves the right to apply a class curve to points awarded.

VII. CONTESTING OF GRADES

Any student wishing to contest a grade for any assignment must do so within 48 hours of the posting of the grade on Blackboard – days when the college is closed do not count. All grades after this time are final and not subject to change!

VIII. STRUCTURE OF THE CLASS

As mentioned above, the class will be administered in an on-line format. As such, you will be required to use a greater amount of self-discipline and independent effort than you might otherwise use in a normal face-to-face class format. It is of the upmost importance that you keep current with all of your work. Always remember that even though this is an online class, you will still have weekly due dates for all of your assignments.

This course will utilize both Blackboard and the publisher’s online homework management system, CONNECT. Discussion Board responses will be completed on Blackboard. In addition, certain course documents, all class announcements, as well as the class grade book will also be maintained on Blackboard. CONNECT will be used to complete all homework, quizzes, Excel problems, and exams. It will be important for you to access both of these systems on at least an every other day basis.

Grading of all homework, Excel problems, quizzes, and exams will be done through the CONNECT system with all grades transferred to Blackboard’s grade book. Grades in Blackboard will be considered the official class grades.

Solutions to all homework, Excel problems, and quizzes will be available in CONNECT immediately following the due date for the assignment.

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IX. CLASSROOM RULES

Since this is an online class, the classroom rules are essentially to follow the instructions as given to you in this Class Syllabus along with following the rules for Netiquette as outlined below.

X. INSTRUCTOR EXPECTATIONS

Managerial Accounting will introduce you to a number of new topics requiring you to master various calculations with problems presented in a number of different formats. It is imperative that you spend the majority of your time mastering these problem solving skills. You will be assessed on your ability to do various problems on your homework, quizzes, and exams. In order to be successful you should spend the required amount of time practicing these skills until you are comfortable in your ability to answer these questions without the aid of your textbook. It is my estimate that this course will require anywhere from 10 – 13 hours per week in reading the material, doing the homework, and completing quizzes and other assignments. It is possible however that some students may find they need more or less time than this depending upon their skill sets. You need to be sure you allocate the time required to devote to this class in order to be successful.

It is also important that you keep current with your assignments. Accounting is a discipline that requires work to be done in a timely manner and a class such as this is no different. You will be expected to complete your work on time in order to receive credit. If you are having difficulty with any of the material you should contact your instructor immediately.

XI. ASSESSMENT GUIDELINES

(1) Chapter Assignments

You will have 12 chapter assignments with only the highest 10 counting (Chapter 1 requires only reading with no assignment) meaning that I will drop your two lowest scores. The chapter assignments are to be completed using the CONNECT system. There will be no time limit, other than the due date, to complete your assignment. Each chapter assignment will be worth 10 points and is due according to the schedule attached.

Each homework assignment will be in the form of exercises, and problems. The questions are the same as those that appear at the end of the chapters in your textbook

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and are listed under Assignments and Due Dates. Your assignments will be automatically graded by the CONNECT program. The CONNECT system is set up to allow you up to 3 attempts in doing the problems and will build on each attempt. The program will indicate if you have the correct solution in addition to providing hints after your second submission. Points will be awarded based on partial credit for each exercise and problem with the point distribution roughly 50/50 between exercises and problems.

Solutions to the chapter assignments will be available in CONNECT one hour after the due date of the assignment. Please be sure to carefully review the solutions making sure you understand the concept tested and how the author arrived at the answer. Should you need further clarification on specific homework questions please contact the instructor.

(2) Quizzes

You will have 12 quiz assignments with only the highest 10 counting (Chapter 1 requires only reading with no assignment) meaning that I will drop your two lowest scores. The quizzes are to be completed using the CONNECT system. You will have 30 minutes to complete each quiz. Each quiz will be worth 10 points and is due according to the schedule attached.

Each quiz will cover one of the exercises at the end of the chapter and are listed under Assignments and Due Dates. The exercises will be algorithmic meaning that they are similar to the exercise at the end of the chapter; however each will contain different figures yielding different solutions for each student.

Solutions to the chapter quizzes will be available in CONNECT one hour after the due date of the assignment. Please be sure to carefully review the solutions making sure you understand the concept tested and how the author arrived at the answer. Should you need further clarification on specific quiz questions please contact the instructor.

(3) Excel Problems

You will have 12 Excel problems with only the highest 10 counting (Chapter 1 requires only reading with no assignment) meaning that I will drop your two lowest scores. The Excel problems are to be completed using the CONNECT system. Each Excel problem will be worth 5 points and is due according to the schedule attached.

Each Excel problem is the same as those that appear at the end of the chapters in your textbook and are listed under Assignments and Due Dates. Your Excel problem will be automatically graded by the CONNECT program. The CONNECT system is set up to allow

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you up to 3 attempts in doing the problems and will build on each attempt. The program will indicate if you have the correct solution in addition to providing hints after your second submission.

Solutions to the Excel problems will be available in CONNECT one hour after the due date of the assignment. Please be sure to carefully review the solutions making sure you understand the concept tested and how the author arrived at the answer. Should you need further clarification on specific quiz questions please contact the instructor.

(4) Exams

There will be four exams totaling 600 points along with a comprehensive final exam worth 100 points. The exams with their relative point value and coverage area are as follows:

Test #1 Chapters 2, 3, 4 160 pointsTest #2 Chapters 5, 6, 7, 8 160 pointsTest #3 Chapters 9, 10 120 pointsTest #4 Chapters 11, 12, 13 160 pointsFinal Chapters 2 – 13 100 points

You will only be able to use a calculator for the exam, no other notes or materials. You must use the calculator provided to you at the Assessment Center. Exams will be administered through the Assessment Center and taken through CONNECT so be sure to bring in the website address, your username and password to log into CONNECT, and a photo ID. It will be up to you to make arrangements with the Assessment Center to set up a time to take your exam by calling (815) 224-0542.

Exams can consist of multiple choice theory questions, multiple choice requiring calculations, and worksheets or exercises similar to your homework assignments. Exams will have a time limit of 2 ½ hours. Please see the Word document “Study Guide for Exams” found under Course Information for further detail on what will be covered for each exam.

A rough estimate of point distributions for each exam is approximately ½ for theory based questions and ½ for those questions requiring calculations.

Exams will be available for your review with your instructor after the due date of the exam has passed. Should you wish to review the results with your instructor please contact me and we can set up a time to meet.

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(5) Discussion Questions

You will have 12 Discussion Questions with only the highest 10 counting (Chapter 1 requires only reading with no assignment) meaning that I will drop your two lowest scores. The discussion questions are to be completed using BLACKBOARD. Each discussion board posting will be worth 5 points and is due according to the schedule attached.

The discussion questions can be found at the end of each chapter. You will be required to pick a question not addressed by one of your fellow students. Questions can be taken by anyone on a “first come, first serve” basis so if you want to respond to a particular question you might want to do so early in the week before someone else does! If all questions have been selected, then pick one of your choice.

Your responses must be substantive and contain a well-thought answer in order to receive high credit and be of a minimum length of 50 words. Short answers with no justification in support of your position will be penalized accordingly. You will each be required to post a response to at least one of your fellow students in order to receive full credit. Full credit however will only be given for superior responses. Grammar and spelling will be taken into consideration when awarding points!

Your instructor will post individual responses to each of your answers once the due date has passed. I encourage you to use this forum as means to discuss your answer with not only your fellow students but your instructor also. This is one of the only means by which we can closely simulate a true “classroom discussion”.

XII. ATTENDANCE POLICY This course will be taught in an online format. Your “attendance” will be monitored by your weekly submission of assignments and your timely postings to the discussion board.

If you miss a significant amount of assignments and/or show a lack of sufficient participation in the class, the instructor reserves the right to withdraw you from class without prior notification!

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XIII. LATE SUBMISSION POLICY

All assignments are due on the date indicated under the section entitled “Assignments and Due Dates” found in this Class Syllabus. ALL ASSIGNMENTS ARE DUE ON THE DATE IDENTIFIED IN THIS DOCUMENT WITH NO EXCEPTIONS WHATSOEVER. The following are specific guidelines for each of the assessment types:

(1) Chapter Assignments, Quizzes, Excel problems, and Discussion Board Postings;

I realize that there can always be unforeseen circumstances outside of the control of the student which will make it impossible to meet a due date for a given assignment; therefore I will drop the (2) lowest chapter assignments, the (2) lowest quiz scores, the (2) lowest Excel problems, and the (2) lowest discussion board postings.. This will allow for most any unforeseen circumstances that might arise.

(2) Exams;

Exams are due during the week specified under “Assignments and Due Dates” and must be taken in the Assessment Center. Exams can be taken any day Monday through Friday during that particular exam week. Reproduced here are the dates for each of the exams;

Exam 1 02-02-15 to 02-06-15Exam 2 03-02-15 to 03-06-15Exam 3 03-30-15 to 04-03-15Exam 4 04-27-15 to 05-01-15Final 05-04-15 to 05-08-15

There will be no makeup tests unless the student contacts the instructor BEFORE the final dates shown above for each of the exams. If the student does not contact the instructor before this date they will receive a zero (0) for that exam! If the student does contact the instructor with a legitimate reason as determined by the instructor as to why they cannot take the exam during the time allotted, an alternative time will be arranged. This will be done only under extreme circumstances.

THERE WILL BE NO EXCEPTIONS BEYOND THIS POLICY FOR ANY REASON!

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XIV. EXTRA CREDIT POLICY

No extra credit is given in this course; however the instructor reserves the right to add additional assignment(s) as extra credit should it be considered beneficial to the learning process.

XV. PLAGIARISIM AND CHEATING ATTENDANCE POLICY

Plagiarism involves using another person’s exact words or thoughts without citing the source in your work. Plagiarism is therefore an illegal act that constitutes a type of theft from another individual. Such actions are not tolerated in the business world and will not be tolerated in class. Whenever exact quotes are used, citing the source of the original material is required. Illinois Valley Community College prohibits plagiarism in any form. Students found plagiarizing or cheating in any way will result in an automatic zero for that assignment or in some circumstances, failing the course and/or dismissal from the college.

XVI. SPECIAL NEEDS

This course is designed to support a diversity of learners. My hope is to create a safe environment for all students. If you want to discuss your learning experience, please talk to me as early in the term as possible. If you know you have, or suspect you have a disability (learning disability, physical disability, or psychiatric disability such as anxiety, depression, bipolar disorder, AD/HD, post-traumatic stress, or others) for which you may need accommodations, please contact the Disability Services Office in B-204. Tina Hardy tina_hardy@ivcc.edu, 224-0284) or Judy Mika Judy_Mika@ivcc.edu or 224-0350) work in that office and can help determine if you are eligible for support.

XVII. WITHDRAWAL POLICY AND FINANCIAL AID

You may be withdrawn from the class in one of two ways;

Instructor initiated – Based on the attendance requirement outlined above, I reserve the right to withdraw a student from class without prior notification.

Student initiated - Effective Summer 2011, students will have the ability to initiate a withdrawal from classes. By completing the form in the Records Office or at www.ivcc.edu/withdraw, the student is authorizing IVCC to remove him/her from the course. Entering the student ID number serves as the student’s electronic signature.

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IVCC has the right to rescind a withdrawal in cases of academic dishonesty or at the instructor’s discretion.

Students should be aware of the impact of a withdrawal on full-time status for insurance purposes and for financial aid. It is highly recommended that students meet with their instructor or with a counselor before withdrawing from a class to discuss if a withdrawal is the best course of action for that particular student. The last day to withdraw for this class is April 9, 2015. Any student who has not withdrawn from the class after this date will receive a letter grade!

XVIII. COMMUNICATING WITH THE INSTRUCTOR

The instructor’s contact information is listed above. You may contact me by phone, in person or email. Whenever contacting the instructor using email, be sure to place your full name in the subject line along with your class number and section. Emails will be responded to within 24 hours except on weekends and holidays.

XIX. STUDENT EMAIL

Please note: Effective Summer 2011, all students will be responsible for checking their IVCC email. All electronic college correspondence will only be sent to the IVCC email. For information on accessing this account, go to http://www.ivcc.edu/studenthelpdesk.aspx?id=16712.”

XX. ONLINE REQUIREMENTS

BLACKBOARD

All communication, grades, and most course documents will be provided for you through Blackboard. Your instructor will enroll you in your Blackboard class based on the class roster.

Please be sure to check Blackboard often for announcements from your instructor concerning all important information for this class. Also, please make sure to verify that your student email account is working. Important announcements may also be emailed to you through Blackboard by your instructor. It is the student’s responsibility to insure that their student email is correct and working properly.

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CONNECT

All chapter assignments, quizzes, Excel problems, and Exams will be completed using CONNECT. It is your responsibility to register and monitor your use of this online system.

TECHNICAL ASSISTANCE

The center provides individualized academic assistance to all students utilizing computer technology. The Help Desk Support Staff provides assistance to students in person, on the phone, and via e-mail.

Phone: 815-224-0318Location: D201Email: crc@ivcc.eduWeb Page: http://www.ivcc.edu/crcContact Person: Michelle Story - Michelle_Story@ivcc.edu

If you need assistance with communication tools or software issues, contact our staff. If you are having trouble with your computer, you will need to contact the manufacturer or the store where you bought it. If you are having trouble with your Internet connection, you should contact your Internet Services Provider (ISP).

In case you are having difficulty logging into Blackboard or accessing your student email, IVCC has set up a “Known Technical Issues” Page for your convenience. This page is located at http://www.ivcc.edu/its/students/KnownIssues.html.

Please call 224-0555 as soon as you detect a problem during regular campus hours.

NETIQUETTE

In the virtual classroom, you communicate with your classmates and Instructor primarily in writing through the public course bulletin board, e-mail, and sometimes chat sessions. “Online manners” are generally known as “netiquette”. As a general rule, you should adhere to the same classroom conduct that you would “off-line” in a face-to-face course. Some examples of proper netiquette are:

● Avoid writing messages in all capital letters. THIS IS GENERALLY UNDERSTOOD AS SHOUTING.

● Be careful what you put in writing. Even if you are writing an e-mail message to one person, assume that anyone could read it.

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Though you may send an e-mail to a single person, it is very easy to forward your message to hundreds or thousands of people.

● Students use of grammar and spelling matter in all classrooms whether face-to-face or online.

● Never use profanity in any area of an online course. The transcripts of online course bulletin boards, email, and chat sessions are

savable.● When responding to messages, only use “Reply to All” when you really

intend to reply to all.● Avoid unkindly public criticism of others. Publicly criticizing others in an

inappropriate way is known as “flaming”.● Use sarcasm cautiously, in the absence of nonverbal cues such as facial

expressions and voice inflections, the context for your sarcasm may be lost, and your message may thus be misinterpreted.

In a face-to-face setting, our tone and facial expressions may convey as much of our meaning as the words we use. In a written message, the subtext of your meaning may be confused or misinterpreted. Please do not use Internet slang abbreviations (e.g., “lol”, “brb”, etc.). Not everyone may understand.

Source: How to Succeed in an Online Course: Study Skills and Survival Tips. 6.2.05 http://www.distancelearning.org/howtosucceed.html

VIRTUAL CLASSROOMTo log in the First Time:

1. Go to http://blackboard.ivcc.edu2. Follow the instructions.3. Do Not Forget to Change Your Password once you have logged in

successfully!

FINAL SPECIAL NOTE:As stated earlier, it is the student’s responsibility to initiate in a withdrawal from this class. The final date for withdraw is April 9, 2015. Anyone remaining after that date will receive a letter grade according to the point structure listed above.

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XXI. ONLINE CLASS SCHEDULE

ACT-1020-100

SPRING 2015

WEEK Day Dates Chapter Exam Other

JANUARY

1 Monday - Sunday 01-12-15 / 01-18-15 CH 1 & 2

2 Monday - Sunday 01-19-15 / 01-25-15 CH 3

3 Monday - Sunday 01-26-15 / 02-01-15 CH 4

FEBRUARY

4 Monday - Sunday 02-02-15 / 02-08-15 NONE EXAM 1

5 Monday - Sunday 02-09-15 / 02-15-15 CH 5

6 Monday - Sunday 02-16-15 / 02-22-15 CH 6

7 Monday - Sunday 02-23-15 / 03-01-15 CH 7 & 8

MARCH

8 Monday - Sunday 03-02-15 / 03-08-15 NONE EXAM 2

9 Monday - Sunday 03-09-15 / 03-15-15 SPRING BREAK - COLLEGE CLOSED

10 Monday - Sunday 03-16-15 / 03-22-15 CH 9

11 Monday - Sunday 03-23-15 / 03-29-15 CH 10

12 Monday - Sunday 03-30-15 / 04-05-15 NONE EXAM 3

APRIL

13 Monday - Sunday 04-06-15 / 04-12-15 CH 11

Thursday 04/09/15 FINAL DATE FOR WITHDRAWAL

14 Monday - Sunday 04-13-15 / 04-19-15 CH 12

15 Monday - Sunday 04-20-15 / 04-26-15 CH 13

16 Monday - Sunday 04-27-15 / 05-03-15 NONE EXAM 4

MAY

17 Monday - Sunday 05-04-15 / 05-10-15 CH 1-13 FINAL EXAM

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XXI. ASSIGNEMENTS AND DUE DATESACT-1020-100-15SP

SPRING 2015

DUE DATE DELIVERYCHP

EXERCISE

PROBLEM QUIZ EXCEL DB EXA

MDAY DATE TIME METHOD

JANUARY

1 READ ONLY NONE NONE NONE NON

ESUN

01/18/15

11:59 PM NONE

2

2-1, 2-2, 2-3, 2-4,

2-5, 2-6, 2-7

2-17, 2-23 EX 2-8 PG 52 1

RESPSUN

01/18/15

11:59 PM CONNECT

3

3-1, 3-2, 3-3, 3-4,

3-5, 3-6, 3-7,

3A-1, 3B-4

3-21, 3-27

EX E-12

PG 113

1 RESP

SUN

01/25/15

11:59 PM CONNECT

FEBRUARY

4

4-1, 4-2, 4-3, 4-4,

4-5, 4-9, 4-11, 4B-1, 4B-2

4-13, 4-17

EX E-B3

PG 157

1 RESP

SUN

02/01/15

11:59 PM CONNECT

EX 1 -

CHP 2, 3,

4

FRI 02/06/15 1:00 PM

ASSESSMENT CENTER

USING CONNECT

5

5-1, 5-2, 5-4, 5-5,

5-6, 5-7, 5-8,

5-10

5-20, 5-26

EX E-11

PG 212

1 RESP

SUN

02/15/15

11:59 PM CONNECT

6

6-1, 6-2, 6-3, 6-4,

6-11, 6-12

6-16, 6-20 EX E-7 PG

2541

RESPSUN

02/22/15

11:59 PM CONNECT

MARCH

14

77-1, 7-2, 7-3, 7-4,

7-5NONE EX E-4 PG

3021

RESPSUN

03/01/15

11:59 PM CONNECT

8

8-1, 8-2, 8-3, 8-4,

8-5, 8-6, 8-7, 8-8, 8-9 8-27

EX E-10

PG 363

1 RESP

SUN

03/01/15

11:59 PM CONNECT

EX 2 -

CHP 5, 6, 7, 8

FRI 03/06/15 1:00 PM

ASSESSMENT CENTER

USING CONNECT

9

9-1, 9-2, 9-3, 9-4,

9-5, 9-6, 9-

16, 9-17

9-19, 9-20 EX E-8 PG

4011

RESPSUN

03/22/15

11:59 PM CONNECT

10

10-1, 10-2, 10-3, 10-4,

10A-1, 10A-2, 10B-1, 10B-2

10-14, 10A-8, 10B-4

EX E-7 PG 445

1 RESP

SUN

03/29/15

11:59 PM CONNECT

APRIL

EX 3 -

CHP 9, 10

FRI 04/03/15 1:00 PM

ASSESSMENT CENTER

USING CONNECT

11

11-1, 11-2, 11-3, 11-5, 11-6, 11-9,

11A-3, 11B-1

11-14, 11A-5, 11B-5

EX E-7 PG 495

1 RESP

SUN

04/12/15

11:59 PM CONNECT

12 12-1,

12-2, 12-3, 12-4, 12-5,

12-22, 12-24

EX E-9 PG 556

1 RESP

SUN

04/19/15

11:59 PM

CONNECT

15

12-6, 12-7

13

13-1, 13-2, 13-3, 13-4, 13-5, 13-6,

13A-2, 13C-1

13-18, 13-25, 13C-4

EX E-13

PG 607

1 RESP

SUN

04/26/15

11:59 PM CONNECT

MAY

EX 4 -

CHP 11, 12, 13

FRI 05/01/15 1:00 PM

ASSESSMENT CENTER

USING CONNECT

FINAL -

CHP 1-13

FRI 05/08/15 1:00 PM

ASSESSMENT CENTER

USING CONNECT

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