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Syllabus & On-Line Orientation Prepared 7/5/2017

This syllabus is prepared and designed to be used as an introduction and orientation for your on-line course. Your understanding of its contents is extremely important and

therefore each student’s responsibility.

If in doubt, ask early not at the end of the semester!!!

Managerial Accounting (ACCT 1B) – Internet

Saddleback College

Economic & Workforce Development and Business Science Division

Instructor: Donald P. Bowman CPA, MBA

Term/Semester: FALL 2017

Phone: 949-582-4484 E-mail: dbowman@saddleback.edu

Preferred contact is by email

Office: BGS 203 Ticket #: 14805, 14810 & 14815

Office Hours: TBA Time & Day: Distance Education-Internet

The McGraw-Hill Connect Plus URL for this course is in the Blackboard site for this class.

COURSE DESCRIPTION:

The study of the use and reporting of accounting data for managerial planning, cost control, and

decision making purposes. Includes broad coverage of concepts, classifications, and behaviors of

costs. Topics include cost systems, the analysis and use of cost information, cost-volume-profit

analysis, contribution margin, profit planning, standard costs, relevant costs and capital budgeting.

This course is completely online except for a Proctored Final Exam required to be taken in person on

Saddleback College Campus. Testing dates are and times are:

Friday December 15 from 6pm – 8:00pm (Check in at 5:30pm) Room BGS 254 or

Saturday December 16 from 9am – 11:00am (Check in at 8:30am) Room BGS 254

There are absolutely no opportunities to take the Final Exam online or after one of these dates.

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Course Objectives

Students participating in this class will learn to:

1. Identify and illustrate the primary activities and informational needs of managers and explain the role of the managerial accountant as a member of the management team; compare and contrast financial and managerial accounting

2. Define and illustrate various cost terms and concepts and evaluate their relevancy for different decision-making purposes.

3. Distinguish between product and period costs; prepare and evaluate a Schedule of Cost of Goods Manufactured, Schedule of Cost of Goods Sold, and Income Statement.

4. Prepare traditional and contribution margin income statements; define related terms; explain cost-volume-profit analysis, degree of operating leverage and safety margin and employ each as an analytical tool.

5. Describe the traditional types of product costing systems (including job order and process). Illustrate the flow of costs in each, and prepare related accounting records and reports.

6. Discuss the impact of technology on the manufacturing environment and its implications for product costs and the development of activity-based costing and management; prepare activity-based cost reports.

7. Explain the purposes of budgeting; prepare a master budget and its component schedules and relate the budget to planning and control.

8. Explain the development and use of standard costs, prepare and interpret variance analysis reports and relate them to responsibility accounting and control.

9. Explain the nature of and need for segment reporting and the relationship with cost, revenue, profit, and investment centers; prepare and analyze related segment reports.

10. Compare and contrast absorption costing and variable costing, prepare income statements using both methods, and reconcile the resulting net incomes.

11. Define relevant costs and benefits, giving proper treatment to sunk costs, opportunity costs, and unit costs; prepare analyses of special decisions; accept or reject a special order; outsource a product or service; add or drop a service or product; and sell or process further a product.

12. Explain the nature of capital expenditure decisions and apply and evaluate various methods used in making these decisions.

13. Identify the ethical implications inherent in managerial accounting and reporting and be able to apply strategies for addressing them.

Saddleback Web Site and Blackboard Access:

http://www.saddleback.edu

Note: Every student is assigned a college e-mail account and pin number (password). Do not change your e-mail address. If you prefer to receive e-mail at another address, go to http://www.saddleback.edu and then to MySite, select “E-mail” and follow the instructions under “Account Information” to automatically forward your messages to the address of your choice.

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Course Requirements/Prerequisites: ACCT 1A

WHAT TO EXPECT (SLO from course outline)

Upon the completion of this course:

1. Student will be able to prepare a set of basic financial statements.

2. Students will be able to calculate and analyze common ratios and numerical relationships that

are produced through the accounting cycle.

3. Students will be able to demonstrate proficiency in processing the accounting cycle for a

business.

4. Students will be able to identify cost flow in a manufacturing environment.

5. Students will be able to identify cost behavior in a business environment.

6. Students will be able to determine breakeven points using breakeven analysis.

7. Students will be able to present an oral presentation in the designated subject area.

There four modules to this course. Each module is ending with an online exam covering the chapters in that module. The subsequent module assignments will be available for access one day after the Exam is available for the previous Module. The modules cover the chapters as follows:

Module 1 Chapters 13-16; Module 2 Chapters 17-19; Module 3 Chapter 20-21; Module 4 Chapters 22-24

There also is a comprehensive final exam that is required to be taken in person on the Saddleback Campus. Lectures, demonstrations problems, group discussions, and analysis of “real world” applications will comprise the format. You must be prepared to enter into discussions by reading text assignments and related articles in periodicals. Presentation of elementary managerial accounting concepts from the current literature is strongly encouraged. I may supplement the text with articles from professional literature and various periodicals as those become available. Additional reading assignments will be posted online using Blackboard.

Text: Required: “Financial & Managerial Accounting. 5th edition,” Wild, John, Shaw, Ken, & Chiappetta, Barbara. McGraw-Hill/Irwin Publishing Company, 2013. ISBN 978-1259170386.

Note: The textbook package includes everything you need for this class and is specially bundled for you by the publisher. It is only available through the Saddleback and Irvine Valley College bookstore or on-line with the publisher. If you purchase the text from any other source, you will be responsible for any resource that is in this package

Exams/Grading Policy:

Exams may consist of multiple choice questions, short answer questions, essays and short problems. There will be NO MAKE UP ONLINE EXAMS given for any reason. If for an EMERGENCY reason you must miss an exam, the instructor must be notified BEFORE the scheduled exam or a grade of zero will be assigned. Exams taken at other than scheduled times must be taken in person. Contact to schedule a time with instructor prior to the online scheduled day and time.

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Your grade will be determined on the basis of the number of cumulative points scored on assignments, exams, and class project. The points will be weighted as follows:

Comprehensive Final 200 points – This exam is required on campus On Line Exams (4 x 50) 200 points – Lowest score of these exams may be dropped if it helps your grade. Interactive Presentations 60 points Homework 95 points Class Project 25 points TOTAL 580 points (If an online exam is dropped, this is 530)

Note: Homework, Online Exams and IP's & Learn Smart will be administered via Connect Plus (see

below). The Final Exam is a proctored exam on campus. Except for Learn Smart © Assignments as

noted below, extra credit is not available for this class. Answering specific assigned Discussion Board

Questions will compose the Group Project. Details will be announced during the course.

Grades are determined as follows Points % Letter Grade

(522 -580) 90-100 A (464 -521) 80-89 B (406 -463) 70-79 C (348 -405) 60-69 D ( 0 - 347) below 60 F

Note: If an online exam is dropped, the denominator for total points is 530 and the percentages remain but the points change accordingly (ie: for an A, points would be (477 – 530 etc.) Remember that if an exam is dropped, the points for that exam are not counted in your total points.

Extra Credit – Learn Smart © Assignments are assigned 5 point per chapter so there are 60

extra credit points (12 chapters x 5 pts each). These and their due dates are located on the Connect

website. Please note that the due date for all Learn Smart © Assignments is at the end of the semester

so you will have them available to study for the final exam. You should study the appropriate chapter

and complete Learn Smart© Assignments weekly to help learn the material. It will improve your

exam scores and points earned can raise your grade by up to one grade level.

Access to Blackboard (Saddleback’s On-Line Portal) Go online to

https://socccd.blackboard.com/webapps/login click on “Logon.” Your username and password is

the same as your e-mail. If you have problems, a link to the Blackboard Help Desk and a toll

free number are listed to the right of the login. If you have additional questions or problems, go

to https://www.saddleback.edu/oe/student-technical-support for the Student Technical Support Site.

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Access to Connect Plus

Homework, Interactive Presentations and On-Line Exams are administered through McGraw-Hill’s

CONNECT Plus (also referred to as CONNECT). You may access the application either through

Blackboard/External Links or directly through the URL provided to you by the instructor. You must

register as a student with the access code provided to you in the text package (see TEXT above).

Work MUST be submitted into CONNECT only and will not be accepted in any other form.

To create a student account, follow these directions:

1. Click on the link provided by your instructor or provided in Blackboard for access to your specific class section.

2. If this is your first time using CONNECT, click on REGISTER NOW. Provide the information requested for Student Registration.

3. To register, provide your e-mail and password for CONNECT (see Step 2 if you are new). Enter the 20 digit code in the boxes on the Student Registration page, and click the Submit button (note: the code is case sensitive; please enter the codes in upper case letters). If you need to purchase an access code, click on Buy Online.

4. If you are not sure if you are going to stay in the course or you do not want to start your registration period, you can click on Start Complementary Trial to get a two (2) week free trial of the class material. You can access all Connect Plus Assignments and the Electronic Text Book.

5. Fill out the registration form that appears and click the “OK” button. 6. Click the “YES” button to confirm your account (note: this account is unique to this class and

you cannot use an account established for a different class that used CONNECT).

Connect Plus Tips (Connect Plus Support # is 800-331-5094)

• You can only do one thing at a time. You cannot view past results while you are in the process of taking an assignment. You cannot take two graded assignments at the same time.

• Each assignment has several options to assist you succeed: o Link to eBook (book icon) – provides you a direct link to the eBook version of our textbook o Print (printer icon) – allows you to print out the question o Contact MH Publishing (link) – you can send a question/comment to the publisher to report a

question or problem with the question. o Check my work (link) – provides you with a quick check of your answers in the question to tell

you what is right and wrong. o View Hint #1 (link) – watch a video of how to solve a similar problem to the one you are working

on.

• Use the "Prev", "Next", question pull down menu, “Save & Exit” and “Submit Assignment” buttons periodically to save and avoid timing out. If there is no activity within about 20 minutes, CONNECT may automatically log out your session.

• Click "Save & Exit" if you wish to work on your assignment at a later time without grading. Remember, you can only work on one open, un-graded assignment at one time.

• Don't copy and paste, this might enter illegal characters in your homework and prevent you from getting a grade.

• Technical support is provided via e-mail and the Contact Us form located under the Support section of the CONNECT entry screen.

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Access to On-Line Content

Except for Discussion Board Group Questions which will be posted Black Board, all online content is located in CONNECT. Click on the Library tab to access the textbook learning materials. Click on the Reports tab to access your scores recorded in CONNECT. Note: Technical Support for CONNECT, eBook, and other course content should be addressed with McGraw-Hill Technical Support.

CHEATING

THE FIELD OF ACCOUNTING REQUIRES A HIGH DEGREE OF ETHICAL RESPONSIBILITY IN ORDER TO INSTILL A LEVEL OF CONFIDENCE IN THE QUALITY OF THE INFORMATION PRODUCED. AN ACADEMIC ENVIRONMENT IS NO DIFFERENT. CHEATING OF ANY KIND ON ANY PROJECT OR TEST WILL NOT BE TOLERATED IN THIS CLASS. A STUDENT WHO IS SUSPECTED OF CHEATING WILL BE SUBJECT TO THE APPROPRIATE PROCEDURES DESCRIBED IN THE SADDLEBACK COLLEGE STUDENT CODE OF CONDUCT.

WITHDRAWALS DURING THE TERM If you do not respond to the first two assignments for this class you will be dropped as a No Show.

Look up the class in the Class Schedule on the Saddleback College Web Site and click on Details….

14805, 14810 & 14815 TBA D. BOWMAN INTERNET (Off Campus) Details...

Do not assume that the instructor will automatically drop you from the course. If you feel you must drop, take the initiative and do it yourself.

Course Policies, Procedures and Assignments The instructor assumes you have the requisite computer skills to successfully complete this course. This includes (at least) proficiency with Microsoft Office and access to the Internet.

• Each chapter will have a series of exercises and problems which will be performed through CONNECT. Generally, Exercises are worth 1 points each and Problems are worth 2.5 points each. The Interactive Presentations are worth 5 points per chapter. The point value for each question in CONNECT is listed at the beginning of each question. The class syllabus lists all exercises and problems assigned in CONNECT. Since CONNECT has been set up to help you with the homework with hints, links to the eBook, videos and check your answers to the problems, there is no reason for not achieving all of the available points.

• There will be four exams administered on-line throughout the semester. The lowest on-line exam will be dropped if it is to the advantage of the student. Remember, if an exam is dropped, the total possible points is 530 and the dropped exam points will also be removed from the students total points.

• There will also be a comprehensive Final exam, which will be administered at the end of the semester. This exam must be proctored and will be on campus at Saddleback College. If you cannot take the exam on the announced dates, you must contact the instructor prior to the test dates. This exam is required and must be taken in person.

• All online exams are administered on Connect Plus except the Final exam. If you cannot take the Final exam on the announced dates, you must contact the instructor prior to the test dates. There are no makeup exams.

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• Since you are being provided with due dates well in advance, there will be no extensions for due dates for CONNECT. Reasons such as “Blackboard or CONNECT was down” will not be accepted.

• To help you better understand the class material we may be using www.cccconfer.org or an equivalent as a virtual classroom to answer questions and do sample class problems. These sessions will be announced in advance in Blackboard and student e-mail. Participation is optional but highly recommended. These may be scheduled if there are an excessive amount of “Raise your hand” Discussion Board questions and the instructor feels it is necessary to reinforce certain topics.

• You are expected to read the chapter materials, review the author’s support materials, complete assigned homework, quizzes, and exams prior to the assigned due date. You are responsible for any material provided by the textbook publisher in the textbook and/or their online learning web site.

• Under certain situations, dates for assignments or exams may need to be changed. Any changes will be announced in Blackboard and students will receive emails of the changes.

• Administration of class assignments (except Discussion Board Questions) will be through CONNECT. You must obtain an access code in order to register for the tool. Generally, Exercises are worth 1 points each and Problems are worth 2.5 points each and the Interactive Presentations are worth 5 points (per chapter). CONNECT will provide partial credit. CONNECT provides access to additional support materials to assist you in performing the assignments.

• CONNECT is an interactive, Internet-based product designed to help you complete all exercises and problems. You will receive instant feedback and the ability to correct any errors. You must keep up with all assignments. Assignment completion due dates are listed in CONNECT and in the weekly schedule at the end of this syllabus-orientation.

The McGraw-Hill Connect Plus URL for this course is in the Blackboard site for this class.

Approx Interactive

Presentations

DQ Ans

& DQ

Response

Homework Learn

Smart

Week

Beg Assignment

Point

s

Due

Dates

In Black

Board Assignment Due

Date

Exam

s

Exam

Due

Dates

5 pts

each

8/21

Read the Syllabus Online Orientation

8/21

DQ 1

Ans only.

No

Response

to other

students

required

Chapter 13 – Analysis of Financial Statements

5 8/22 8/23

&

8/25

E13-3, E13-7, E13-9, P13-1A

8/28

8/28 Chapter 14 – Managerial

Accounting Concepts

5 8/29 8/30

&

9/01

E14-8, E14-9, E14-11, E14-12, P14-8A

9/05

8

9/4

Chapter 15 – Job Order Costing and

Analysis

5 9/05 9/07

&

9/09

E15-4, E15-6, E15-7, E15-8,

E15-9, E15-10, E15-11, P15-

1A

9/11

9/11 Chapter 16 – Process Costing and Analysis

5 9/12 9/13

&

9/15

E16-6, E16-8, E16-9, E16-10, E16-11, P16-1A, P16-2A

9/18

9/18 Exam #1 Chapters 13-16

50 9/21 –

9/23

9/25 Chapter 17- Activity Based Costing and

Analysis

5 9/26 9/27

&

9/29

E17-6, E17-7, E17-9. E17-13, P17-1A, P17-

5A

10/2

10/2 Chapter 18 – Cost Behavior and Cost

Volume Profit Analysis

10/3 10/04

&

10/06

E18-5, E18-10, E18-12, E18-13, E18-15,

E18-17, P18-1A,

P18-7A

10/9

10/9 Chapter 19 – Variable Costing and

Performance Reporting

5 10/10 10/11

&

10/13

E19-1, E19-4, E19-6, E19-9, E19-11, P19-

1A

10/16

10/16 Exam #2 Chapters 17 - 19

50 10/19 –

10/21

10/23 Chapter 20 – Master Budgets and

Performance Planning

5 10/24 10/25

&

10/27

E20-3, E20-5, E20-6, E20-16,

P20-5A

10/30

10/30 Chapter 21 – Flexible Budgets and Standard

Costs

5 10/31 11/01

&

11/03

E21-1, E21-4, E21-7, E21-8, P21-1A, P21-

3A

11/06

11/6 Exam #3 Chapters 20 – 21

50 11/9 –

11/11

11/13 Chapter 22 – Decentralized and

Performance Evaluation

5 11/14 11/15

&

11/17

E22-1, E22-12, E22-13, P22-

2A

11/20

11/20 Chapter 23 – Relevant Costing for

Managerial Decisions

5 11/21 11/21

&

11/27

E23-2, E23-4, E23-6, E23-8, E23-1, P23-6A

11/27

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11/27 Chapter 24 - Capital Budgeting and

Investment Analysis

5 11/28 11/29

&

12/1

E24-1, E24-2, E24-3, E24-5, E24-7, P24-2A

12/4

12/4 Exam #4 Chapters 22-24

Note that this last online exam must be

completed by Saturday 12/9

50 12/7 –

12/9

All

Learn

Smart

Due

12/13

12/11 Final Exam Proctored On Campus

12/15

or

12/16

200 See

Note

Below

All Dates are Tentative and Subject to Change. See Connect Plus System for Homework,

Interactive Presentations Learn Smart and Online Exam Due Dates. Discussion Questions are in

Black Board.

Final Exam Schedule – December 15, 5:30pm – 8:00pm or December 16, 8:30 – 11:00am

Please note that the final proctored exam last 2 hours.

Above times include check-in time.

This course meets the requirements set forth in the accessibility checklist and universal design grid

provided by

Special Services. The Web pages, video presentations, textbooks and class materials used in this

course are accessible to students with disabilities.