TRINITY VALLEY COMMUNITY COLLEGE - myKC … · TRINITY VALLEY COMMUNITY COLLEGE ... budgetary control and standard costs; income taxes, cost ... PERFORMANCE EVALUATION USING VARIANCES

TRINITY VALLEY COMMUNITY COLLEGE

DISTANCE EDUCATION COURSE SYLLABUS

Semester Summer 2014

Course Rubric & Title:

ACCT 2402.7841 Managerial Accounting Lecture

Instructor Name:

Jerry W. Rogers

Office Hours:

Regular office hours are not maintained during summer

Office Location:

Room 105, General Studies Building

Expected instructor response time Mon-Fri:

Students should expect responses to student inquiries from the instructor within 24 hours Monday-Friday.

Expected instructor response time Sat-Sun and holidays:

Students should expect responses to student inquiries within 48 hours if submitted over the weekend. Response

time will probably be less than the 48 hours identified. Email and Blackboard are generally checked twice a day

even on weekends and holidays. If the instructor is away from internet access for more than 24 hours, such

information will be made available to the students before such absence.

Office Phone:

903-675-6339

TVCC E-mail Address:

[email protected]

(Preferred method of communication is email)

Course Description:

This is a study of principles as applied to partnerships and corporations; control accounting applied to

departments and branches, manufacturing process and job order costs, budgetary control and standard costs;

income taxes, cost relationships, special analysis and reports, statement types and analysis used in decision

making. Systems information and procedures used in management planning and control are also covered

(TVCC current catalog).

Course Co- or Pre-Requisites:

The only academic prerequisite for taking Accounting 2402, Managerial Accounting, is Accounting 2401,

Financial Accounting, or its equivalent. A student may choose to enroll in both Accounting 2401 and 2402

during the same semester. To do so requires the approval of the instructor, and a plan for completing both

classes at the same time must be developed. Taking both classes at the same time has been done successfully,

but not very often.

A concurrent academic requirement is that the student must also be enrolled in Acct 2402.7843, the lab which

accompanies this class. The non-academic concurrent requirement for this course is an

ACCESS CODE

for accessing CengageNOW, the online program used for all assignments in this course.

Textbook(s) & ISBN: Please visit the

TVCC bookstore online

Note on textbook: If a student took Financial Accounting, ACCT 2401, online with this instructor during the

fall, 2013 session, or spring 2014 session, that student should already have the required textbook and ACCESS

CODE. If a student has taken Financial Accounting at Palestine and the CengageNOW program was used, this

student should contact this instructor BEFORE attempting to register on CengageNOW using his/her ACCESS

CODE from the Palestine class. A CengageNOW program used at another campus of TVCC can be used in this

class, but the registration process will require a phone call to Technical Support at CengageNOW. A

CengageNOW program used at any school other than a campus of TVCC cannot be used in this course.

CengageNOW will transfer between campuses of TVCC but not between other colleges and TVCC.

If a student has not previous taken Financial Accounting, ACCT 2401, or Managerial Accounting, ACCT 2402,

online either during the fall 2013 session or the spring, 2014 session, with this instructor, that student will need

only an

ACCESS CODE

as the CengageNOW program has an electronic textbook. If a student desires a textbook, the textbook may be

acquired separately.

Required/Recommended Reading(s):

There are no outside required or recommended readings for this class. In fact, outside readings of other

accounting textbooks are discouraged because different authors, while covering the same materials, take

different approaches and this could be confusing at the beginning level of accounting.

Required Materials:

The required material for this course is an ACCESS CODE to CengageNOW. A textbook is not a requirement

as an electronic textbook is contained within

the CengageNOW program. Purchasing or not purchasing a textbook is left entirely to the student. When

working within CengageNOW, an electronic textbook is available for use in preparing assignments. Information

about the textbook and the ACCESS CODE are available by clicking the TVCC Bookstore link above.

Additional information about the textbook and CengageNOW is included at the end of this syllabus under Other

Information,

item 1. Additionally, information about registering on CengageNOW is included at the end of this syllabus

under Other Information, item 2

.

Also, each student should have some type portable storage device for course materials.

Additionally, each student should make arrangements for being able to access an alternative computer in the

event that your computer should crash.

Learning Outcomes:

Upon completion of this course, the student should demonstrate a

mastery of the objectives given in the textbook for each chapter covered. These objectives are given at the

beginning of each chapter of study, discussed within the body of the chapter, and then summarized at the end of

the chapter. Mastery of these objectives shall be demonstrated by successfully completing various assignments

and quizzes covering the materials. The objectives follow as well.

CHAPTER 15

INVESTMENTS AND FAIR VALUE ACCOUNTING

At the end of study of Chapter 15, the student should be able to

…describe why companies invest in debt and equity securities

…describe and illustrate the accounting for debt investments

…describe and illustrate the accounting for equity investments

…describe and illustrate valuing and reporting investments in the financial statements

…describe fair value accounting and its implication for the future.

…describe and illustrate the computation of dividend yield.

CHAPTER 16

STATEMENT OF CASH FLOWS


…describe the cash flow activities reported in the statement of cash flows

…prepare a statement of cash flows, using the indirect method

…describe and illustrate the use of free cash flow in evaluating a company’s cash flow.

CHAPTER 17

FINANCIAL STATEMENT ANALYSIS


…describe basic financial statement analytical methods

…use financial statement analysis to assess the solvency of a business

…use financial statement analysis to assess the profitability of a business.

…describe the contents of corporate annual reports.

CHAPTER 18

MANAGERIAL ACCOUNTING CONCEPTS AND PRINCIPLES


…describe managerial accounting and the role of managerial accounting in a business.

…describe and illustrate the following costs: (1) direct and indirect costs; (2) direct materials, direct labor, and

factory overhead costs; and (3) product and period costs

…describe and illustrate the following statements for a manufacturing business: (1) balance sheet; (2) statement

of cost of goods manufactured; and (3) income statement

…describe the uses of managerial accounting information.

CHAPTER 19

JOB ORDER COSTING


…describe cost accounting systems used by manufacturing businesses

…describe and illustrate a job order cost accounting system

…describe the use of job order cost information for decision making

…describe the flow of costs for a service business that uses a job order cost accounting system.

CHAPTER 20

PROCESS COST SYSTEMS


…describe process cost systems

…prepare a cost of production report

…journalize entries for transactions using a process cost system

…describe and illustrate the use of cost of production reports for decision making

…compare just-in-time processing with traditional manufacturing processing.

CHAPTER 21

COST BEHAVIOR AND COST-VOLUME-PROFIT ANALYSIS


…classify costs as variable costs, fixed costs, or mixed costs

…compute the contribution margin, the contribution margin ratio, and the unit contribution margin

…determine the break-even point and sales necessary to achieve a target profit

…use a cost-volume-profit chart and a profit-volume chart, determine the break-even point and sales necessary

to achieve a target profit

…compute the break-even point for a company selling more than one product, the operating leverage, and the

margin of safety.

CHAPTER 22

BUDGETING


…describe budgeting, its objectives, and its impact on human behavior

…describe the basic elements of the budget process, the two major types of budgeting, and the use of computers

in budgeting

…describe the master budget for a manufacturing company

…prepare the basic income statement budgets for a manufacturing company

…prepare balance sheet budgets for a manufacturing company.

CHAPTER 23

PERFORMANCE EVALUATION USING VARIANCES FROM STANDARD COSTS


…describe the types of standards and how they are established

…describe and illustrate how standards are used in budgeting

…compute and interpret direct materials and direct labor variances

…compute and interpret factory overhead controllable and volume variances

…journalize the entries for recording standards in the accounts and prepare an income statement that includes

variances from standard

…describe and provide examples of nonfinancial performance measures.

CHAPTER 24

PERFORMANCE EVALUATION FOR DECENTRALIZED OPERATIONS


…describe the advantages and disadvantages of decentralized operations

…prepare a responsibility accounting report for a cost center

…prepare responsibility accounting reports for a profit center

…compute and interpret the rate of return on investment, the residual income, and the balances scorecard for an

investment center

…describe and illustrate how the market price, negotiated price, and cost price approaches to transfer pricing

maybe use by decentralized segments of a business.

CHAPTER 25

DIFFERENTIAL ANALYSIS AND PRODUCT PRICING


…prepare differential analysis reports for a variety of managerial decisions

…determine the selling price of a product, using the product cost concept

…compute the relative profitability of products in bottleneck production processes

...allocate product costs using activity-based costing.

CHAPTER 26

CAPITAL INVESTMENT ANALYSIS


…explain the nature and importance of capital investment analysis

…evaluate capital investment proposals using the average rate of return and cash payback methods

…evaluate capital investment proposals using the net present value and internal rate of return methods

…list and describe factors that complicate capital investment analysis

…diagram the capital rationing process.

…be thankful that this is the last chapter for this course.

Course Requirements:

Specific assignments and due dates will be provided electronically. These assignments will be contained in a

module posted on Blackboard entitled "Instructions, Assignments, and Due Dates". All assignments will be

completed utilizing CengageNow®. When completed, each will be submitted to CengageNOW® where it will

be graded and results reported immediately to the student in the case of homework and practice quizzes, and

following the expiration of the Due Date in the case of chapter quizzes on quizzes submitted by the Due Date.

All assignments utilizing CengageNow™ will be accessible when the prerequisites for the chapter have been

met. See the due dates listed in the

Instructions, Assignments, and Due Dates Module

for the exact dates. (This link will be operable the first day of class.) The assignments will consist of three areas.

The first area is Homework. The homework assignments will be taken from the Practice Exercises, Exercises,

and Problems located at the end of each of the chapters of the textbook. Some of the assigned homework items

will be exactly like the items at the end of the chapter. Others will be algorithmic. This means that the assigned

item will cover the same concepts as are covered with the end of the chapter items, only with different numbers.

The homework must be submitted for grading before any of the other assignments for the chapter may be

accessed. Homework may be done and submitted for grading a total of three times. If Homework is submitted

for grading and problems are missed, then when the homework is opened for a second time, only the problems

missed will need to be reworked. The program saves the correct work from previous attempts. The homework is

not timed and the program allows a student to quit and save and return later without it being counted as an

attempt. The average of Homework assignment grades will count for 25% of the semester grade. (Note: While

in most cases the problems within CengageNOW will be identical or similar to those at the end of the chapters,

sometimes the data required on CengageNOW will differ from the data required if working papers were being

used.)

The second area is a Practice Quiz. This quiz is optional and can be accessed only if the homework for the

chapter has been submitted for grading. This practice quiz will be graded and the grade recorded on the

CengageNOW grade sheet, but will not be considered in the final semester grade determination. It is highly

recommended that this Practice Quiz be worked, but it is not required. The questions for this Practice Quiz will

be taken from the Practice Exercises, Exercises, and the Problems at the end of the chapter, as well as some

True/False and Multiple Choice Questions from a separate test bank which accompanies our textbook. Some of

these questions will come directly from the items at the end of the chapter, and some will be algorithmic. The

Practice Quiz may be done and submitted for grading a total of two times. If the Practice Quiz is submitted for

grading and problems are missed, then when the Practice Quiz is opened for a second time, only the problems

missed will need to be reworked. The program saves the correct work from the previous attempt. The average of

the Practice Quiz grades will not count for any credit toward the semester grade.

The third area is a Chapter Quiz over the materials of the chapter. The chapter quizzes will be administered in

two parts. Chapter Quiz, Part A will

be twenty (20) True/False and Multiple Choice questions, with each one worth one (1) point for a total point

value of 20. Chapter Quiz, Part B will be 8 problems to be worked, with each problem worth ten (10) points for

a total point value of 80. The combined scores on Part A and Part B will be the chapter quiz grade. The

Homework for the given chapter must be submitted for grading before the Chapter Quiz, Part A can be

accessed. The Chapter Quiz, Part A must be submitted for grading before the Chapter Quiz, Part B can be

accessed.

Some of the Chapter Quiz, Part B items will come directly from the items at the end of the chapter, but most

will be algorithmic. Each part of the Chapter Quiz will be timed (one hour for Chapter Quiz, Part A and three

hours for Chapter Quiz, Part B) and only one attempt will be allowed for each part. The average of the chapter

quiz grades will count for 75% of the semester grade.

All of these assignments will be completed utilizing CengageNOW. More details on utilizing CengageNOW

will be available when class begins.

With this syllabus, each student is granted a waiver on one chapter of late assignments without penalties being

imposed, provided the instructor is notified before the assignment is due and the reason for the assignment

being late is explained, and an estimated time of submission of the assignment is given. The waiver is granted

regardless of the reason. When the student is ready to complete the assignment, the instructor must be notified

so that the CengageNow™ program may be "reset" by the instructor to allow access by the student. The

instructor will acknowledge the request and give the time when the requested assignment may be accessed.

The most important thing in any accounting class is EFFECTIVE TIME MANAGEMENT. A student should

not expect to wait until a few hours, or even a day or two, before an assignment is due and then expect to be

able to satisfactorily complete the assignment. Many years of experience indicates that it can’t be done!

Proctored Testing Information:

Though this is an ONLINE course, you may be required to take proctored exams at any of the following

locations:

Athens

– The Testing Center, located in the Administration Building, is open during regular business hours. In the

event that the testing center is closed (visit http://www.tvcc.edu/testing/ for scheduled closings), you can test at

the LRC. Please visit the Athens testing site

to determine the LRC hours of operation.

Palestine

– Students are allowed to test at the LRC of the respective satellite campuses. Please visit the Palestine testing

site to determine their hours of operation. NOTE:

You MUST arrive at the testing center(s) at least 1 hour prior to closing so that you COMPLETE your testing

before they close.

Terrell

– Students are allowed to test at the A101computer lab during designated hours. Please visit the Terrell testing

site to determine their hours of operation. NOTE:

You MUST arrive at the testing center(s) at least 1 hour prior to closing so that you COMPLETE your testing

before they close.

It is highly unlikely that any student will need to be proctored because all quizzes are administered online

utilizing CengageNOW and all quizzes are algorithmic. However, in the event a VCT student’s college requires

proctored quizzes, the affected student will be responsible for making arrangements for such proctoring, and

advising the instructor of such location and contact person.

Outline of Course Schedule

This course consists of the last 12 chapters from our textbook,

ACCOUNTING

25th Edition by Warren, Reeve, and Duchac. The objectives for each chapter shall be the objectives for the

course. The objectives are listed at the beginning of each chapter, explained in the chapter, summarized at the

end of the chapter and identified above in this document.

Exercises and problems

from each of the chapters have been chosen to be worked. These have been chosen specifically to enhance the

student’s understanding of the objectives of the chapter. An Achievement Test, along with the correct answers

to the questions from the Test for each chapter, will be available to the student to complete if the student

chooses to do so. These Achievement Tests are designed to further enhance the student’s understanding of the

materials from the chapters and are not graded, nor should they be submitted to the instructor.

The following outline is given as an overview of the materials that will be covered in the course. Some of these

materials will be emphasized more than others.

Chapter 15:

Investments and Fair Value Accounting

…Why Companies Invest

…Accounting for Debt Investments

…Accounting for Equity Investments

…Valuing and Reporting Investments

…Fair Value Accounting

…Financial Analysis and Interpretation

…Comprehensive Income

Chapter 16:

Statement of Cash Flows

…Reporting Cash Flows

…Statement of Cash Flows—The Indirect Method (the Direct Method will not be covered)

…Financial Analysis and Interpretation: Free Cash Flow

Chapter 17:

Financial Statement Analysis

…Basic Analytical Methods

…Liquidity and Solvency Analysis

…Profitability Analysis

…Corporate Annual Reports

…Unusual Items on the Income Statement

Chapter 18:

Managerial Accounting Concepts and Principles

…Managerial Accounting

…Manufacturing Operations: Costs and Terminology

…Financial Statements for a Manufacturing Business

…Uses of Managerial Accounting

Chapter 19:

Job Order Costing

…Cost Accounting Systems Overview

…Job Order Cost Systems for Manufacturing Businesses

…Job Order Costing for Decision Making

…Job Order Costing for Professional Service Businesses

Chapter 20:

Process Cost Systems

…Process Cost Systems

…Cost of Production Report

…Journal Entries for a Process Cost System

…Using the Cost of Production Report for Decision Making

…Just-in-Time Processing

Chapter 21:

Cost Behavior and Cost-Volume-Profit Analysis

…Cost Behavior

…Cost-Volume-Profit Relationships

…Mathematical Approach to Cost-Volume-Profit Analysis

…Graphic Approach to Cost-Volume-Profit Analysis

…Special Cost-Volume-Profit Relationships

…Variable Costing

Chapter 22:

Budgeting

…Nature and Objectives of Budgeting

…Budgeting Systems

…Master Budget

…Income Statement Budgets

…Balance Sheet Budgets

Chapter 23:

Performance Evaluation Using Variances from Standard Costs

…Standards

…Budgetary Performance Evaluation

…Direct Materials and Direct Labor Variances

…Factory Overhead Variances

…Recording and Reporting Variances from Standards

…Nonfinancial Performance Measures

Chapter 24:

Performance Evaluation for Decentralized Operations

…Centralized and Decentralized Operations

…Responsibility Accounting for Cost Centers

…Responsibility Accounting for Profit Centers

…Responsibility Accounting for Investment Centers

…Transfer Pricing

Chapter 25:

Differential Analysis and Product Pricing

…Differential Analysis

…Setting Normal Product Selling Price

…Production Bottlenecks

…Activity-Based Costing

Chapter 26:

Capital Investment Analysis

…Nature of Capital Investment Analysis

…Methods Not Using Present Values

…Methods Using Present Values

…Factors that Complicate Capital Investment Analysis

…Capital Rationing

Classroom Policies

:

Each student is expected to stay current with all work for the class. Failure to meet identified deadlines for work

submission will result in penalties being assessed which may be up to 100% of the point value for the

assignment.

Under certain circumstances assignments may be submitted late, but only with the permission of the instructor.

Each case will be weighed based on its

merits. If a student knows in advance that they will be away from computer access, that student should work

ahead so as to not be late.

This summer session is approximately 71 day long, and within these 71 days, we will cover 12 chapters. That

means that a chapter will need to be completed every six days during the session. What this also means is that

assignments will not come due the same day of each week. A schedule of Due Dates and Last Dates will be

available the first day of class, or whenever Blackboard is opened to students.

There will be no make-up or extra credit work for the class. The grades made on the Homework and Chapter

Quizzes will be the grades used to determine the semester grade.

Cheating/Plagiarism:

Scholastic dishonesty shall include, but not be limited to, cheating on a test, plagiarism, and collusion.

"Cheating on a test" shall include

(a)

Copying from another student’s test paper

(b)

Using test materials not authorized by the person administering the test

(c)

Collaborating with or seeking aid from another student during a test without permission from the test

administrator

(d)

Knowingly using, buying, selling, stealing, or soliciting, in whole or in part, the contents of an un-administered

test

(e)

The unauthorized transporting or removal, in whole or in part, of the contents of the unadministered test

(f)

Substituting for another student, or permitting another student to substitute for oneself, to take a test, and

(g)

Bringing another person to obtain an unadministered test or information about an unadministered test.

"Plagiarism" shall be defined as the appropriating, buying, receiving as a gift, or obtaining by any means

another’s work and the unacknowledged submission or incorporation of it in one’s own written work.

"Collusion" shall be defined as the unauthorized collaboration with another person in preparing written work for

fulfillment of course requirements.

Any student who engages in cheating, plagiarism, or collusion will receive a failing grade on the assignment

and/or the student may receive a failing grade in the course and/or the student may be dropped from the class.

INCOMPLETE GRADES:

An "I" (Incomplete grade) is given at the discretion of the professor and may be given only when an emergency

or illness prevents the student from completing course requirements. It will not be given because a student fails

to complete the requirements for the course during the semester. Replacement of an "I" by a grade shall be

determined by the rules and policies of the host institution in the case of Virtual College of Texas students.

Some colleges do not allow an "I", or its equivalent, to be given, but instead require that a letter grade be

awarded.

For internet students enrolled through Trinity Valley Community College, the following policy is in effect.

Should an "I" be granted, the student has until the end of the next long semester (fall, 2014 semester) to

complete the conditions of the incomplete. Upon completion of the requirements necessary to remove the "I",

the instructor will submit the proper documentation to the Registrar’s office with a request that the grade of "I"

be changed to the grade made. An "I" which is not properly removed within the next long semester following

the session enrolled will become an "F" grade. To be sure that the grade has been changed, the student should

request a transcript a few weeks after the student has completed the missing items and requested the grade

change. Generally a report of the grade change is not made to the student, so obtaining an updated transcript is

the only sure way to be certain that the grade change has been made.

Drop Policy:

A TVCC internet student may withdraw (drop) from a course and receive a grade of "W" at any time during a

given semester subject to the last day to receive a "W" deadline specified in the TVCC schedule or catalog. In

the case of VCT students, the drop process must be begun with the proper department of the host institution and

proceed according to the policy of such institution. Thursday, July 31, 2014, is the last date to drop this class.

Limitations to the Number of Withdrawals from Courses:

A THECB Rule has been established to address a law enacted by the legislature regarding the number of

withdrawals ("W’s") that a student may have during their academic career (THECB Rules: Chapter 4,

Subchapter A, 4.10). The law states that any student whose first semester in college is fall 2007 or later may not

have more than six

unexcused withdrawals (W’s) during their academic career. This applies to a student’s academic record from all

higher education institutions attended. If a student has six unexcused withdrawals

, they will no longer be allowed to withdraw from a course without receiving a grade in the course (which will

be an "F"). To determine if a withdrawal is excused, a student must initiate a withdrawal

request through the guidance services office or, in special circumstances, through the faculty member.

It is the student’s responsibility to officially withdraw from a course and to verify that the withdrawal

has been posted to their transcript.

Research Resources:

The student is encouraged to use the TVCC Libraries as research resources for this course. Students can search

the TVCC Library Resource Center holdings through the on-line catalog. Electronic library resources provide

access to full-text and abstract articles as well as links to a variety of remote research tools. The physical library

contains a specialized collection of research materials specifically chosen to support the degrees and courses

offered at TVCC. Students with research questions or questions about library services are encouraged to email

their question to

[email protected]

.

Logging on to E-Courses:

For detailed instructions on how to access and log on to the E-Course system, visit

http://www.tvcc.edu/depts/dist.learning/

Online orientation to E-Courses:

Visit the TVCC E-Course online orientation for detailed instructions on how to use the various aspects of the

Blackboard system. It is located at

http://www.tvcc.edu/depts/dist.learning/orientationver1/index.html

Student’s Responsibility:

This syllabus contains information, policies and procedures for a specific course. By enrolling, the student

agrees to read, understand, and abide by the rules, policies, regulations, and ethical standards of Trinity Valley

Community College as contained in the current catalog and schedule of classes.

Affirmative Action:

TVCC is an affirmative action/equal opportunity institution which provides educational and employment

opportunities on the basis of merit and without discrimination or harassment in full compliance with the Civil

Rights Act of 1964, as amended; the Rehabilitation Act of 1973 (Section 503,504); Americans with Disabilities

Act, as amended, Title IX of the Educational Amendments of 1972; the Vietnam Era Veterans Assistance Act

of 1974; Article 522lk V.A.C.S.; and Executive Orders 11246 and 11758.

AMERICANS WITH DISABILITIES ACT (ADA)

Trinity Valley Community College provides equal opportunities for academically qualified students with

disabilities and ensures access to a wide

variety of resources and programs. The passage of Section 504, Federal Rehabilitation Act of 1973, and the

Americans with Disabilities Act of 1990 requires that the college make certain special arrangements for

students with disabilities such as moving classes to accessible locations when necessary, allowing the use of

tape recorders, sign language interpreters, or other educational auxiliary aids, making special test arrangements,

and other accommodations. The college will make reasonable accommodations for qualified students with a

diagnosed physical and/or learning disability who have been admitted to the college and request

accommodations.

Students with disabilities who wish to request accommodations should notify the Guidance Services Office on

their campus. In accordance with federal law, a student requesting accommodations must provide

documentation of his/her disability to the Disability Services counselor.

For more information, please visit the Guidance Service Office on your campus or contact Diane Milner at 903-

675-6310 or email

[email protected]. For additional information, please visit:

http://www.tvcc.edu/guidance/studentswithdisabilities.aspx

.

Addi

t

ional Information:

(1)

Information about the textbook and the CengageNOW ACCESS CODE may be acquired by emailing the

instructor at [email protected]

and requesting same.

In addition to the textbook (highly recommended) and ACCESS CODE (required), the student must have either

a 2007 or 2010 version of Microsoft Office which contains Microsoft Word and Microsoft Excel. Everything

from the instructor will be saved as a 2003 - 2007 version of Microsoft Office, unless specifically requested

otherwise, and anything sent to the instructor may be in either the 2007 or 2010 version. Do not use

WordPerfect.

For VCT students: Your host college bookstore can probably acquire the

ACCESS CODE and/or textbook for you directly from the publisher using the proper ISBN number.

Also, during the registration process on CengageNOW, a student may purchase the ACCESS CODE using a

credit card.

Failure to acquire the CengageNOW ACCESS CODE in time for the submission of the first assignments due is

not an excuse for the assignments being late

as there are multiple ways the ACCESS CODE and/or the textbook may be acquired. No other items from the

textbook publisher such as working papers or study guides are required. However, a

student may want to visit the publisher’s web site and view some of the supplemental materials that are

available directly from the publisher. None are recommended or required. Everything besides the textbook (if

used) and the CengageNOW

ACCESS CODE

needed for the class is either available for free on the publisher’s web site or from the instructor.

The CengageNOW

ACCESS CODE

and a storage device for your work are the only required items for this course. It is highly recommended that a

removable storage device, such as a flash drive, be utilized for storing all items for the course. It is also highly

recommended that none of the items for this course be stored on your computer’s hard drive. One crash and you

are sunk! For those individuals who need the "feel" of a textbook in their hands, it is recommended that a

textbook be acquired, but that is the student’s choice.

The Instant

ACCESS CODE to CengageNOW for the 25th

edition of ACCOUNTING by Warren, Reeve, and Duchac has an electronic textbook that is accessible anytime

CengageNOW is open. Some students have opted to rely on only this built-in electronic textbook and not

acquire a separate textbook. That is your option.

(2) ACTIVATING YOUR CengageNOW ACCOUNT for

new

users of CengageNOW:

udent Registration Information

Course Enrollment

Begin by going to

http://login.cengagebrain.com

.

Don't Already Have an Account?

1. Click "Create an Account."

2. In the "Enter Code or Course Key" box, submit the course key:

E-TWQNYUEPD6A9N

.

3. Provide the "Account Information" when asked.

4. You will land on the "My Home" page at cengagebrain.com, and you will see either an Open button or a Buy

button.

a. Open = if the course has remaining "try before you buy" days

b. Buy = if the course does not have any such remaining days

Already Have an Account?

1. Provide your credentials and click the "Log In" button.

2. In the "Have Another Product to Register?" field, submit your course key:

E-TWQNYUEPD6A9N

You will see a new book appear, with either an Open button or a Buy button.

a. Open = if the course has remaining "try before you buy" days

b. b.Buy = if the course does not have any such remaining days

Payment

After registering, you can buy access on myhome.cengagebrain.com (your least expensive option) or purchase

an access code from your bookstore.

The above screen shot comes from CengageBrain and has two options for the student with respect to whether

the student already has a CengageNOW account or not.

Notice that the first thing given is the URL for accessing the login for CengageNOW. This is the URL you use

to get registered and also to access CengageNOW after you are registered. (

http://login.cengagebrain.com

)

The first thing listed, and the one least likely applicable to all students of this class, says "

Don’t Already Have an Account

?" Click on this and then on "Create an Account".

The second line says "Enter Code or Course Key". In this box, submit your Course Key which is given as

E-TWQNYUEPD6A9N. The best thing to do is to copy the Course Key just given and paste it into the box.

Enter the Course Key at this point even though you may have the ACCESS CODE because entering this

Course Key will get you into the proper class

. You will be asked at some point in the registration process to verify that you are indeed in the proper class. If

you enter the ACCESS CODE first, you will be forced to enter all of the data you are being asked to verify, and

there are several places that it is real easy to enter the wrong data.

The third line asks you to provide "Account Information". You will be asked to create a User ID, which will be

your personal email address, and a Password, which you will create. Suggestion: When you create the User ID

and the Password, write them down someplace just in case you forget them. You will also be asked for a

security question, along with other information.

After you enter the "Account Information", you are just about finished with the registration process. One main

thing remains, and that is getting the ACCESS CODE. The statements on the fourth item aren’t real clear, but

this is what they mean (I think): If you do not have an ACCESS CODE, you may borrow one from Cengage for

a limited time period. During this time period, you may either purchase one from the bookstore or online from

CengageBrain. If you borrow the ACCESS CODE, each time you log into CengageNOW, you will be asked if

you want to replace your borrowed ACCESS CODE with one you have acquired. If you have purchased your

ACCESS CODE, answer yes and then enter the ACCESS CODE from your card containing it. If you want to

purchase an ACCESS CODE online from

CengageBrain, indicate that and you will be given the opportunity. To purchase online, you will need either a

Debit Card or a Credit Card.

The absolute easiest way to get an ACCESS CODE and to make sure you get registered into the correct class on

CengageNOW is to purchase your ACCESS CODE during the registration process. If you begin the registration

process within CengageNOW by entering the Course Key, the program knows the proper ACCESS CODE for

you, plus some of the items that will be asked for when you begin with the ACCESS CODE have already been

answered for you. All you need to do is confirm the data. If you get to a screen where you are asked to verify

that the data is correct, verify it. I have provided this information to CengageNOW.

The second item from the screen shot asks "Already Have an Account?" This section would apply to those who

may have started Managerial Accounting at TVCC with this instructor, originating from the Athens Campus of

TVCC, either during the fall semester, 2013, or during the spring semester, 2014 and did not complete the

course. It also applies to those who completed Financial Accounting with this instructor during the summer

semester, 2013.

If this is you, then you need to log into CengageNOW using your established User ID and Password and, either

on the login page or the next page, find and click on "Have Another Product to Register?" and then give the

Course Key (

E-TWQNYUEPD6A9N

) for this course and you are registered.

If you took Financial Accounting at one of the other campuses of TVCC either during the fall semester of 2013

or during the spring semester of 2014 and used CengageNOW, AND identified your campus as some campus

other than ATHENS, you may still be able to use your ACCESS CODE, but it will require a call to Technical

Support at Cengage to get them to transfer your ACCESS CODE from that campus to the Athens Campus. A

suggestion is to log into CengageNOW, find and click on the "Have Another Product to Register" and enter

your new Course Key, (

E-TWQNYUEPD6A9N) and when you get the error message that is sure to come, call the Technical

Department and tell them what has happened and ask them to get you registered into our course using your

existing ACCESS CODE

. The First Level person with whom you talk first probably can’t do it, so ask to speak to his/her supervisor.

This person can do it.

If you took Financial Accounting at another college other than TVCC at Athens, Palestine, or Terrell, and used

CengageNOW, your ACCESS CODE will not transfer to TVCC. You must acquire a new one. A suggestion is

that

you try your ACCESS CODE, and when you get the error message, call the Technical Department at Cengage

and explain the problem to them, and ask them to allow you to use your ACCESS CODE in this course. In all

probability, you will get a NO answer at all levels, but if you get it on the first level, ask to talk with that

person’s supervisor. If they agree to transfer your ACCESS CODE to TVCC, you will need to know our classes

Course Key which is

E-TWQNYUEPD6A9N

.

Access to CengageNOW for registration will begin on Monday, May 04, 2014, even though the items within

CengageNOW cannot be accessed for work until Monday, June 2, 2014. If you should have any trouble in the

registration process, or get to a point where you are not sure of the proper entry item, stop the process and

contact your instructor immediately for help.

(3) LOGGING INTO BLACKBOARD FOR BOTH TVCC STUDENTS AND FOR VCT STUDENTS:

For

first time students at TVCC, the first thing that must be done is to activate your Cardinal I.D. Account. THE

ACTIVATION OF THE CARDINAL I.D. MAY NOT BE DONE UNTIL THE FIRST DAY OF CLASS

(Monday, June 02, 2014). To activate your Cardinal I. D. Account, go to http://www.tvcc.edu and scroll to the

bottom of the homepage where you will see a set of buttons. Find and click on Cardinal Mail

. This will take you to a new screen where everything you need to know about activating your TVCC ID to

Logging into Distance Education courses is covered. Just click on the proper button and follow the instructions.

Returning students to TVCC should already have a Cardinal I.D. Account with a User I.D. and a Password

established. In case you have forgotten your Cardinal ID and/or Password, contact the

[email protected]

and ask for help.

After you get your TVCC email account activated, you may register on Blackboard. The TVCC ID and

Password you created for your TVCC email are your ID and Password for Blackboard.

Blackboard may be accessed from the TVCC Homepage. Go to

http://www.tvcc.edu

. Look at the top of the home page and you will see various tabs. Click on ECourses. This takes you to the login

page for Blackboard.

Blackboard also may be directly accessed without going through the TVCC homepage by utilizing this URL:

https://ecourses.tvcc.edu

However you get to the Blackboard, you are ready to login to Blackboard. You will be asked to provide two

things: User Name and Password.

Your User Name and your Password for Blackboard are the same as your User Name and Password for your

TVCC email account. (That is why you had to activate your TVCC email before attempting to log into

Blackboard.) You User Name and Password will remain the same for the duration of the course.

Please note this

: Officially, access to the course will be on Monday, June 02, 2014. Realistically, access to the course may be

on Thursday, May 28, 2014 (or maybe even earlier).

FOR VIRTUAL COLLEGE OF TEXAS STUDENTS ONLY

:

The login procedure for Blackboard has not changed for Virtual College of Texas students. If you are a VCT

student and have used Blackboard before with a Trinity Valley Community College VCT class, you should be

able to log back into Blackboard using the same User Name and Password as you used in your last class. If you

are unable to get logged in using your old User Name and Password, then you will need to contact the Help

Desk at

[email protected]

and ask for a new Password.

You may access Blackboard either by going to

http://www.tvcc.edu and clicking on ECourses, or by going to https//ecourses.tvcc.edu

which takes you directly to Blackboard.

If you have not utilized Blackboard through TVCC before, then you will need to establish a User I.D. and a

Password. You may get to Blackboard either by going to

http://www.tvcc.edu or by going to https//ecourses.tvcc.edu

.

If you go to

https//ecourses.tvcc.edu

, this takes you directly to the login page for Blackboard.

If you go to

http://www.tvcc.edu

, this takes you to the home page for Trinity Valley Community College. Look at the top of the home page and

you will see various tabs. Click on ECourses. This takes you to the login page for Blackboard.

Regardless of how you get to Blackboard, you will be asked for a User Name and a Password. Your User Name

is as follows: It is your last name

followed by the first letter of your first name as you registered, and this followed by the last four digits of your

social security number

OR

the last four digits of your host college’s Student Identification Number (if your host college issued you one).

All of this is small case letters and there are no spaces or other marks within the User Name.

Your initial Password is exactly like your User Name with this one exception. The first letter of your last name

is capitalized.

For example, my name is Jerry Rogers. Suppose the last four digits of my social security number or of my

student I.D. number are 1234. Then, my User Name will be

rogersj1234 and my initial Password will be Rogersj1234. The only difference is the capital R

in the Password.

This Password will need to be changed the first time you log into Blackboard. A set of instructions for creating

a new Password will be given you. After you create your new Password,

record it someplace in the event you should forget it. If you forget it, no one else in the system has access to

your account to retrieve your Password so a new Password will have to be established for you. You may contact

[email protected]

and ask that a new Password be created for you.

Your User Name will remain the same all semester. Your Password will be changed with the first login and that

will remain the same for the balance of the session.

Some Final Recommendations:

A strong recommendation is that each student makes stand-by arrangements for acquiring access to another

computer in the event the student’s computer should crash. The possibility of a crash is the reason that

everything should be saved to some type external storage device.

A second recommendation is that students

not

use a wireless computer to access CengageNOW as some wireless computers don’t have enough capacity

and/or speed to handle the volume of data necessary. (This is a recommendation that came from the Tech

Department of Cengage.) Also, some dial up connections have presented problems in the past.

A third recommendation is that students access CengageNOW using Mozilla FireFox instead of Internet

Explorer. (This is a recommendation that came from the Tech Department of Cengage.) Internet Explorer is a

long way down the list in recommended browsers from Cengage. Mozilla FireFox is first. Other browsers that

have worked well are Google Chrome and Safari.

A fourth, and maybe the strongest recommendation, is that each student stays current with assignments. Late

assignments result in late penalties, which result in lower grades. Lower grades result in failing or dropping.

More people have failed or dropped in the past because of not staying current than have dropped or failed by not

being able to do the work.

This Syllabus was prepared on April 16, 2014, and is assumed complete as of the date of preparation. Should

any changes be made to this syllabus before class begins, such changes will be identified with notations at the

beginning of the syllabus. Any changes made after class begins will be sent to students using Announcements

and Messages on Blackboard, and by notations at the beginning is this syllabus.

Documents

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