acct 511 syllabus summer 2012 session a (version 1.0)

Department of Accounting Mihaylo College of Business and Economics

California State University – Fullerton

--COURSE SYLLABUS-- SEMINAR IN MANAGERIAL ACCOUNTING

ACCT 511 SUMMER 2012, SESSION A

Mission Statement: Our mission is to offer high-quality accounting educational programs that are relevant to a diverse group of undergraduate and graduate students. The Department of Accounting recognizes its role in society by assisting students as they prepare for successful careers in the accounting profession. The Department of Accounting also strives to advance accounting education and knowledge through basic, applied and pedagogical research and other scholarly activities and to promote valuable associations with business and professional communities. (Revised 2/08)

INSTRUCTOR CONTACT INFORMATION

• Instructor: Greg Kling

• Contact Phone : (562) 402-0066

• E-mail: [email protected]

• Office Hours: By appointment only DEPARTMENT OF ACCOUNTING:

Office: SGMH 4313 Phone: (657) 278-2225 Fax: (657) 278-4518 Email: [email protected] Website: http://business.fullerton.edu/accounting/

Section 10984 MTW 06:00 - 09:00 PM Room SGMH 1117

CSUF SUMMER 2012, Session A ACCT 511 Instructor: Kling Course Syllabus

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COURSE PREREQUISITES Graduate student status and Accounting 510 or equivalent. COURSE DESCRIPTION Design and development of cost accounting systems; contemporary cost management concepts; measurement, analysis and use of accounting information for management decisions with attention to ethical, global and environmental issues in today's corporate governance. Measurement, analysis and use of information contained in standard and various other cost systems for industry sectors such as manufacturing, distribution, service and retail. INSTRUCTIONAL APPROACH The class will typically be divided into two parts: Part I – 6:00 to 7:20 pm and Part II – 7:40 to 9:00 pm. Topics will be introduced in seminar format. The course will be conducted in a manner that emphasizes class participation. You are expected to have read the relevant chapter(s) from the textbook and attempted the classwork problems before you come to each class meeting. Please note that relatively less time will be spent on formal class lectures. The classwork problems will be the basis for class discussion. Class time will be spent answering questions and working problems (see attached list). COURSE MATERIALS & RESOURCES

• Required Textbook: Cost Management, A Stategic Emphasis 5th edition (Blocher et al.), ISBN 978-0-07-352694-2 Textbook is also available as an e-book directly from the publisher.

• Optional: The Online Learning Center (OLC): There are valuable course preparation materials, study tools, and links to important web resources. You can register at www.mhhe.com/blocher5e.

• Calculator: Calculators are not required, but students may find them helpful in completing homework. See page 9 for the calculator policy.

• Titanium (Moodle): The University’s Moodle system will be used during this course. This online learning system is considered a valuable tool in


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communicating schedule changes, providing learning materials, etc. Students are expected to regularly access their Moodle and university email accounts in order to stay current with the course schedule.

COURSE OBJECTIVES The course is designed to provide a comprehensive introduction to cost management as a tool for business strategy formulation and implementation. The main focus of the course is to familiarize students with ways in which accounting information can be used to formulate, implement, and evaluate business strategies in a global environment. The topics covered will include cost concepts, terminology and ethics; product costing and inventory valuation; activity based costing; cost behavior analysis and cost-volume-relationships; responsibility accounting and standard cost systems; operational planning and control; and relevant costs and decision analysis. At the end of the course you should have acquired a good understanding of the fundamental principles and tools of management accounting in a variety of decision contexts. ACCOUNTING ETHICS STATEMENT Integrity plays a vital role in the accounting profession. As a result, the Accounting Department has expectations that our students behave in a manner consistent with the demands and expectations of the accounting profession. It is the view of the Accounting Department that the use of all unauthorized materials, regardless of the manner obtained, is a violation of the Mihaylo College of Business and Economics Student Code of Ethics. This includes, but it is not limited to, obtaining and using solutions manuals, test banks and all other copywritten materials from course textbooks not authorized by the course instructor; and obtaining and using homework assignments, cases, or exams from prior students. Faculty members will report all incidents involving students who are expected of lying, deception, plagiarism, and cheating (both attempted and actual) to the Dean of Students, Judicial Affairs and the chair of the Accounting Department according to UPS 300.021 and UPS 300.030 (October 2010).


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ACADEMIC INTEGRITY/DISHONESTY (CSUF UPS 300.021, (2011-2013 CSUF Catalog pg. 69)) Academic dishonesty includes such things as cheating, inventing false information or citations, plagiarism, and helping someone else commit an act of academic dishonesty. It usually involves an attempt by a student to show a possession of a level of knowledge or skill, which he/she does not possess.

Cheating is defined as the act of obtaining or attempting to obtain credit for work by the use of any dishonest, deceptive, fraudulent, or unauthorized means. Examples of cheating include, but are not limited to, the following: using notes or aides or the help of other students on tests and examinations in ways other than those expressly permitted by the instructor, plagiarism as defined below, tampering with the grading procedures, copying verbatim another students assignments, and collaborating with others on any assignment where such collaboration is expressly forbidden by an instructor. Violation of this prohibition of collaboration shall be deemed an offense for the person or persons collaborating on the work, in addition to the person submitting the work.

Plagiarism is defined as the act of taking the specific substance of another and offering it as one’s own without giving credit to the source. When sources are used, acknowledgement of the original author or source must be made following standard scholarly practice.

Students who violate university standards of academic integrity are subject to disciplinary sanctions, including failure in the course and suspension from the university. Since dishonesty in any form harms the individual, other students and the university, policies on academic integrity are strictly enforced. Academic dishonesty, in any form, when detected, will result in zero points on assignments or tests, and may result in an F for the course plus additional University-level disciplinary action by judicial affairs. For additional information refer to the University policy in the current CSUF Catalog. STUDENTS WITH SPECIAL NEEDS The University requires students with disabilities to register with the Office of Disabled Student Services (DSS), located in UH-101 and at (714) 278 – 3112, in


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order to receive prescribed accommodations appropriate to their disability or special needs. Students requesting accommodations should inform the instructor during the first week of classes about any disability or special needs that may require specific arrangements/accommodations related to attending class sessions, completing course assignments, writing papers or quizzes/tests/examinations. ASSESSMENT TOOLS The main purpose of the Steven G. Mihaylo College of Business & Economics (SGMCBE) degree program at Cal State Fullerton is to provide students with the knowledge and skills which prepares them for a successful career in business. In order to assist in achieving this goal, a number of assessment tools to track a student’s progress throughout the SGMCBE curriculum will be utilized. Students will be expected to participate in assessment activities in several of their courses while at the SGMCBE. As students do so, they will assist in identifying the program’s strengths and weaknesses as well as areas for potential improvement. In other words, students are making an important investment in the value of their degree. EMERGENCY PROCEDURES NOTICE TO STUDENTS The safety of all students attending California State University Fullerton is of paramount importance. During an emergency it is necessary for students to have a basic understanding of their personnel responsibilities and the University’s emergency response procedures. Please familiarize yourself with the University’s guidelines and adhere to them in the event of an emergency. BEFORE AN EMERGENCY OCCURS

1. Know the safe evacuation routes for your specific building and floor. 2. Know the evacuation assembly areas for your building.

WHEN AN EMERGENCY OCCURS 1. Keep calm and do not run or panic. Your best chance of emerging from

an emergency is with a clear head.


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2. Evacuation is not always the safest course of action. If directed to evacuate, take all of your belongings and proceed safely to the nearest evacuation route.

3. Do not leave the area. Remember that faculty and other staff members need to be able to account for your whereabouts.

4. Do not re-enter building until informed it is safe by a building marshal or other campus authority.

5. If directed to evacuate the campus, please follow the evacuation routes established by either parking or police officers.

AFTER AN EMERGENCY OCCURS 1. If an emergency disrupts normal campus operations or causes the

University to close for a prolonged period of time (more than three days), students are expected to complete the course assignments listed on the syllabus as soon as it is reasonably possible to do so.

2. Students can determine the University's operational status by checking the University's web site at http://www.fullerton.edu, calling the University's hotline number at 657-278-4444, or tuning into area radio and television stations. Students should assume that classes will be held unless they hear or read an official closure announcement.

EMERGENCY CALLS

DIAL 9-1-1 All campus phones and cell phones on campus reach the University Police

Department.

Non-emergency line: (657) 278-2515 24-hour recorded emergency information line: (657) 278-4444

Additional guidelines may be accessed on the University’s website at: http://www.fullerton.edu/emergencypreparedness/ep_students.html


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USE OF CELLULAR PHONES & LAPTOPS The use of cell phones during class instruction is strictly prohibited. Laptops may be used only for doing assignments in class. Please make sure your cell phones are on vibrate prior to entering the classroom. Absolutely no text or instant messaging is permitted during class - - violators will be fined 5 course points the first time and 20 points thereafter. DROPS, WITHDRAWALS, AND INCOMPLETES University policy on drops will be followed. See the University Catalog for relevant procedures and dates. A grade of Incomplete is appropriate only if circumstances beyond a student’s control force the student to miss a significant portion of the latter part of a course.

GRADING SYSTEM/POLICY Grades will be assigned on an ABCDF basis with the use of +/- and earned based upon the following percentage of points achieved:

Percent Achieved

Grade

Percent Achieved

Grade

Percent Achieved

Grade

97 -100%

A+ 80 - 82% B- < 60% F

93 - 96% A 77 - 79% C+ 90 - 92% A- 73 - 76% C 87- 89% B+ 70 - 72% C- 83 - 86% B 60 - 69% D The “percent achieved” is based on a curve.


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Points will be earned through:

Graded Submissions Points

% of Grade

1. Examination 1 – Chapters 1 through 6 100

20.02. Examination 2 – Chapters 7 through 9, 11 100 20.0 3. Final Comprehensive Examination 180 36.04. Case Assignments – student analysis 100 20.0

5. Class Participation (must complete Profile to qualify) 20 4.0

Total Points 500 100.0 All students must take the final at the same time: Wednesday, June 27, 6:00 PM - 08:00 PM. NOTE: The comprehensive final examination is a required part of the course and represents 36% of your final grade. Failure to take the exam on the date indicated above will result in an automatic F in the course.

EXAMS Unless specifically excluded by the instructor, students are responsible for all textbook material assigned, designated outside readings and any material discussed in class. Exams may consist of multiple-choice, matching, fill-in-the-blank, objective and/or short answer questions. The examinations will consist of a combination of short questions and problems. The final examination will be cumulative. Students are expected to be in attendance for every examination. If you miss an examination due to a University excused absence, you must inform the instructor before the examination. Unexcused absences will result in a grade of zero for a missed examination.


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UNIVERSITY POLICY ON FINAL EXAMINATIONS Final examinations, if required by the instructor, will be given at times scheduled by the University. Once established, the final examination scheduled may not be changed unless approved by department and program chairs and the dean of the college. No make-up final examination will be given except for reason of illness or other verified emergencies. CALCULATOR POLICY Calculators may be used for the quizzes and midterm exams. The calculator functions of laptops, desktops or cellular phones may not be used during a quiz or exam. Calculators will be provided for the departmental final exam.

CLASS CONTRIBUTION

It is essential that students attend class on a regular basis and complete all assigned reading, exercises, and problems prior to attending class. Doing so will reinforce concepts and allow for more productive class discussions and teamwork. Class time is structured under the assumption that students have completed all readings and assignments prior to the beginning of class. Only under this assumption will class time be utilized efficiently and effectively. Students may be randomly called upon throughout the semester to present classwork solutions, answer questions or lead discussions.

A student’s class contribution grade is based upon an evaluation of what the student adds to the overall learning environment through their participation (volunteering solutions, asking insightful questions, prepared when called upon to present a solution, etc.)

In order to facilitate the evaluation of in-class contribution and for students to be eligible to earn Class Contribution points, the Student Profile must be uploaded to Titanium no later than 11:59 PM, Wednesday, May 30th. The Profile has been posted to the Welcome to Class!!! section. 20 points will be awarded to those who return their profile on time. Late submissions will not be accepted and failure to submit the Student Profile will disqualify the student from earning any class participation points.


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CASE ASSIGNMENTS Three cases are assigned. Each student will be required to submit a written analysis on the day the case is to be discussed in class. Students should be prepared to participate in class discussion of the case. The three cases are listed below: Case 5-1: Blue Ridge Manufacturing Case 9-4: The ALLTEL Pavilion Case 14-1: Pet Groom & Clean Each of the cases is available from the Online Learning Center (OLC) at www.mhhe.com/blocher5e or you may download them from the Course Documents section of Titanium. Classwork problems Accounting is known as “the language of business.” The only way to learn and master a new language is to practice it regularly. In order to incentivize students to practice this new language, classwork is required on a chapter-by-chapter basis. Classwork problems must be completed prior to attending class so that you can participate fully in the class discussion.


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Department of Accounting

College of Business and Economics California State University – Fullerton

ACCT 511 COURSE OUTLINE

Class# Date Chapter Topic Classwork Problems

1 May 29 1 to 3 Introduction / Course Overview

All students are expected to have completed the assigned reading and classwork prior to class.

Cost Management and Strategy

Implementing Strategy Basic Cost

Management Concepts 3-52, 53 and 54

EXTRA PROBLEM: 3-55

2 May 30 4 & 5 Job Order Costing 4-28, 32, 33, 34 and 54

5-32 and 53 Activity-Based Costing EXTRA PROBLEMS: 4-37, 4-

44 and 5-54 Student Profile Due

3 June 4 6 Process Costing 6-39, 40, 41 and 44

EXTRA PROBLEMS: 6-51, 52

4 June 5 Review and Case 5-1


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Class# Date Chapter Topic Homework Due 5 June 6 8 Exam 1

Cost Estimation 8-33, 38, 47 and 54

EXTRA PROBLEMS: 8-48, 49

and 56

6 June 11 9 Profit Planning: Cost-Volume-Profit Analysis

9-28, 34, 35, 36 and 40

EXTRA PROBLEMS: 9-44 and 48

7 June 12 11 Decision Making with

a Strategic Emphasis 11-32, 34, 50, and 61


8 June 13 7 Cost Allocation 7-29, 31 and 38 EXTRA PROBLEMS: 7-32 and

39


10 June 19 10 Exam 2 Strategy and the

Master Budget 10-35, 36, 38 and 40



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Class# Date Chapter Topic Homework Due 11 June 20 14 Operational

Performance Measurement – Part 1

14-35, 38 and 40


12 June 25 15 and 16 Operational Performance Measurement – Part 2

15-31 to 34


Operational

Performance Measurement – Part 3

16-29, 30, 38 and 52



14 June 27 Final Exam (Cumulative)

THIS IS A TENTATIVE SCHEDULE AND MAY BE CHANGED AT THE SOLE DISCRETION OF THE INSTRUCTOR