UNIVERSITY OF ALBERTA SCHOOL OF BUSINESS
DEPARTMENT OF ACCOUNTING,OPERATIONS AND INFORMATION SYSTEMS
Accounting 322
Introduction to Accounting for Management Decision Making Syllabus
WINTER 2015 Instructor: Sanjay Banerjee, PhD Classes
Office: Bus 3-30D B1: MW 11:00 am-12:20 pm (V-Wing Lec. Th. 103)
Office Hours: Tues 2-4 pm and by appointment B2: MW 12:30 pm-1:50 pm (V-Wing Lec. Th. 103) E-mail: [email protected] B3: MW 3:30 pm-4:50 pm (BUS 2-9)
1. Required Course Materials
1.1 Textbook Managerial Accounting (Ninth Canadian Edition) by Garrison, Chesley, Carroll, &
Webb (McGraw-Hill Ryerson). ISBN-13: 978-007040189-1 (ISBN-10: 007040189-6). This is available in hardcopy at the Bookstore. The textbook is also available in an e-book version.
1.2 A basic non-programmable calculator.
2. Blackboard
https://ulearn.ualberta.ca/
Blackboard will be used to post announcements, problem solutions, lecture notes and related materials. Check it frequently. You are responsible for information posted there.
3. Course Description
This course is an introduction to managerial accounting. It is designed to make business students aware of the roles that accounting plays within organizations. The focus is primarily on the informed use of managerial accounting information, rather than on its production. The course emphasizes the links between accounting information and management activities such as strategic and operational decision making, financial planning and control, organizational design, and performance evaluation. The course examines how managerial accounting is used within a variety of organizations, including manufacturing, merchandising, and service businesses, as well as public- sector and not-for-profit organizations.
4. Learning Goals
Specific skills developed in this course include the abilities to:
i. identify, categorize, and analyze the behaviour of costs;
ii. utilize cost information in making decisions (i.e., cost-benefit and profitability analyses);
iii. prepare and use budgets; and
iv. use accounting information to evaluate and motivate the performance of divisions, departments, and other units within organizations.
At the conclusion of the course, students should be familiar with the basic terminology, concepts, and techniques of managerial accounting, be able to utilize them in managerial problem solving, and be able to critically evaluate managerial accounting data and reports. Prerequisite: Accounting 311.
5. Evaluation
Your grade in this course will be based on the marks you obtain on seven (7) quizzes, three (3) in-class assignments, one (1) eighty (80) minute midterm exam, and a (2) two-hour comprehensive final exam.
These marks will be weighted as follows to determine your percentage mark in the course:
Blackboard Quizzes (7 @ 2%) 14%
In-Class Assignments 6%
Midterm Exam (Wednesday, February 11th at 5:30 pm) 35%
Final Exam (Monday, April 13th at 9:00 am) 45%
Total 100 %
Letter grades will be assigned to the percentage marks in accordance with University Regulations [Section 23.4(4) of the University Calendar]. Grades in this course will be based on a combination of absolute achievement and relative performance.
Note that policy about course outline can be found in Section 23.4(2) of the University Calendar.
5.1 Blackboard Quizzes
Eight (8) scheduled quizzes will be administered in this course via Blackboard. Marks for your best seven (7) of these eight (8) quizzes will count toward your final mark in the course. Please see the Tentative Class Schedule (pages 6 and 7) and Blackboard for due dates. More information will be posted in the quiz section on Blackboard telling you the scope of the quizzes. Online quizzes are available Thursday afternoon at 3:30pm until 10:59am on the following Monday morning.
You are permitted to use any materials from the course to assist you in completing the quiz. However, quizzes are to be completed individually, without the assistance of another individual. Remember that when you are registered for the course, you are committing yourself to an Honor Code that if any component of the course requires you to work individually, then you will do so without taking assistance from anybody. For each quiz, you will have 45 minutes maximum. If you go over the 45 minutes your score will be reduced to zero.
Each quiz may cover material from the previous lecture(s) and chapter recommended questions assigned. There will be no opportunity to make up a quiz.
5.2 In-Class Assignments
In-class assignment grades will be based on your performance in either in-class (un-scheduled) quizzes or class participation, whichever is higher.
In-Class Quizzes: Four (4) in-class quizzes will be administered in this course. Marks for your best three (3) will count toward your final mark in the course. In-class assignments may include multiple choice, true/false, short problem and short answer questions. You will have 15 minutes to complete each assignment. Unlike Blackboard quizzes, these quizzes will have no scheduled dates
In-class quizzes will be assigned, completed and collected in class. Quizzes are to be completed individually, without the assistance of another individual. You are permitted to use any materials from the course to assist you in completing these assignments.
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Each in-class quiz will cover material from the current or previous lecture(s) and chapter recommended questions assigned. There will be no opportunity to make up an in-class quiz.
Class Participation: Your performance will depend on three dimensions: (i) frequency of your
participation in class discussions, (ii) quality of your comments, and (iii) your listening skills. A rubric for grading class participation is on page 6.
5.3 Exams
All exams in this course will be closed book. You will have eighty (80) minutes to write the midterm exam and two (2) hours to write the final exam. The final exam will be comprehensive.
• Midterm Exam – Wednesday, February 11, 2015 at 5:30 pm (location to be announced)
• Final Exam – Monday, April 13, 2015 at 9 am (location to be announced)
Section 23.5.1 of the Calendar provides the University Regulations for the conduct of exams. At an exam, students must be able to present their student ID cards or other acceptable photo identification.
Cell phones, iPods, and other electronic devices must be turned off and put away prior to the exam (the only permitted electronic devices are calculators).
You are required to use only a non-programmable calculator in the exams.
Absence from Exams
If you are absent from a midterm exam for an acceptable reason (illness or family emergency) you are required to send an email to me informing me that you were unable to attend the midterm and explaining the nature of your difficulty within two business days of the exam date. I may, at my discretion, require proof supporting your stated reason for missing the midterm, either in the form of a statutory declaration or other supporting documentation. In the event that midterm is missed for an acceptable reason, the weight of the midterm will be reallocated to the final exam and your final exam will be three (3) hours. The additional hour will focus on materials
covered for the midterm. There will be no deferred midterm in this course.
Once you have written the exam, grades will not be reallocated due to explanations given after the fact. Therefore, if you are too ill to write an exam, please do not attempt the exam.
If you are absent from the final exam, you must obtain permission from the Undergraduate Office to write a deferred final exam. If a deferred final exam is required for this course, it will be held per Section 23.5.6 of the Calendar.
Final Exam Viewing and Reappraisals
For information regarding applying for a reappraisal of your final exam please see Section 23.5.4 (2) of the Calendar.
Remarking Policy for Assignments and Midterm Exam
After marked assignments, and midterm exam papers have been returned, the answer key will be posted on Blackboard. Students should review the marking carefully and bring to his or her instructor’s attention any questions about their marks as soon as possible in accordance with the following:
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i) Appeals must be received within one week of the day the midterm is handed back. This is a strict deadline. If any exam was written in pencil, appeals where the answer could have been changed will not be accepted.
ii) Appeals must be in writing, and the original copy of the exam or assignment (unless available online) must be attached. The written appeal must be made with specific reference to the marking basis and must set out clearly how that basis was not properly applied. Absolutely no change in the marking basis will be made on appeal.
iii) The appeal must be in one of these two categories:
a. A clear adding error or unmarked question or part, of any size.
b. An alleged error of interpretation or application of the marking basis, defined as an error that would make a difference of 1 mark or more.
iv) Exam papers and assignments submitted for appeal may be subject to an entire review. This may result in your grade being lower.
6. Course Activities 6.1 In-class Activities
Our classes will be a combination of lectures and discussions of problems. Lecture topics and in class problems are identified at the Tentative Class Schedule on pages 7 and 8. Most of the concepts and techniques taught in this course are best illustrated and learned through problem solving. Therefore, we will solve and discuss many problems in the class including those mentioned as “in-class problems” in the class schedule.
6.2 Out-of-class Activities
Following the lectures on a particular topic, you should work on the “recommended questions” for each chapter of the textbook identified in the class schedule. You can check your answers against the solutions posted on Blackboard. The recommended questions may be considered required.
Although you do not have to hand anything in, it will be assumed that you have completed and understood these questions for examination purposes.
7. Course Protocol
Students are responsible for all information provided in class (e.g., announcements, lectures etc.). If you are absent in a class, it is your responsibility to arrange for someone else in the class to provide you with the information you may have missed.
Due to Internet security considerations, I will only read emails using your University email account.
Your email subject must indicate “Acct 322”. Any email from non-University accounts (e.g., yahoo, gmail, hotmail etc.) will not be read.
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8. Use of Electronic Devices in Class
Students are permitted the use of laptops or tablet devices in class only related to course work, such as taking notes, accessing the course website or other materials relevant to the class. Other uses are disruptive to the class, the instructor and other students and are not permitted. Use of cellphones for making or receiving calls or texting is prohibited. Cellphones should be turned off prior to class.
Audio or video recording of lectures, labs, seminars or any other teaching environment by students is allowed only with the prior written consent of the instructor or as a part of an approved accommodation plan. Recorded material is to be used solely for personal study, and is not to be used or distributed for any other purpose without prior written consent from the instructor.
9. Classroom Etiquette
I like a casual classroom, and encourage students actively participating in class discussions. However, if you choose to attend class (it’s entirely your decision), you are committing yourself to behaving in a professional and courteous manner. This means, at a minimum, you will refrain from behavior that distract the instructor and other students, and adversely affect the learning environment in the class. It is expected that students:
i) will arrive in class before it begins, and will stay until it is over, ii) will not engage in sidebar conversations with other students, iii) will not read non-course materials, and
iv) will not use electronic devices for personal communication or entertainment devices in class.
This includes cellphones, laptops, tablets, ipads, mp3 players, ipods etc.
If you find some behavior of other student(s) affecting you, you can either politely take it up with the individual(s) directly, or bring it to my notice so that I can help you resolve that issue. Also, if I find you engaging in behavior that affect the learning environment of the class, I can ask you to leave the class.
10. Academic Integrity
Absolute and complete academic honesty is expected of you in this course. It is important for you as a student to behave in an ethical manner. The University of Alberta is committed to the highest standards of academic integrity and honesty. Students are expected to be familiar with these standards regarding academic honesty and to uphold the policies of the University in this respect. Students are particularly urged to familiarize themselves with the provisions of the Code of Student Behaviour (online at www.ualberta.ca/secretariat/appeals.htm)and avoid any behaviour that could potentially result in suspicions of cheating, plagiarism, misrepresentation of facts and/or participation in an offence.
Academic dishonesty is a serious offence and can result in suspension or expulsion from the University.
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Marking Rubric for ACC 322 Class Participation
Dimensions 3 2 1
Frequency of participation
Actively participates at appropriate times; initiates discussions; asks questions
Sometimes
participates, or asks questions, but most of the times does not engage
Seldom participates and is generally not engaged
Quality of comments
Comments are insightful and constructive; reflect understanding of class materials or previous remarks of instructor/other students
Comments are sometimes
constructive; indicate lack of preparedness, or attention to previous remarks of others
Comments are mostly uninformative; reflect little understanding of course materials or previous remarks of others
Listening skills Actively and respectfully listens to other students and instructor
Sometimes inattentive to others’ comments;
occasionally makes disruptive comments when others are speaking
Does not listen to others; projects lack of interest or disrespect for others
Grade Criteria
A “3” in most dimensions
B “3” in some dimensions but “2” in others C “2” in most dimensions
D “2” in some dimensions but “1” in others F “1” in most dimensions
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TENTATIVE CLASS SCHEDULE ACCTG 322: Sections B1, B2, B3
Winter 2015
Class# Quiz Dates Topics Readings In-Class Problems Recommended Questions
1 M Jan 5 Introduction to the course and Chapter 1 Chapter 1
2 W Jan 7
Cost Terms, Concepts, & Classifications Chapter 2 2-2, 2-4, 2-24 2-16, 2-19, 2-20, 2-22, 2-25
3 M Jan 12
4 W Jan 14
Job-order Costing Chapter 3 3-1, 3-21
3-22, 3-26, 3-27 5 #1 M Jan 19
6 W Jan 21
Activity-Based Costing Chapter 5
5-3, 5-5, 5-14
5-13, 5-17, 5-18, 5B-5
7 #2 M Jan 26 5B-2, 5B-4
8 W Jan 28
Cost Behavior Chapter 6 6-6, 6-8, 6-9
6-14, 6-15, 6A-3, 6A-5
9 #3 M Feb 2 6-11, 6-13, 6A-2
10 W Feb 4 Cost-Volume-Profit (CVP) Relationships Chapter 7 7-8, 7-10, 7-13
7-17 7-18, 7-20, 7-25, 7-27, 7-30 11 M Feb 9 Review of key concepts
W Feb 11 Classes Cancelled for Midterm Exam - NO CLASSES W Feb 11 MIDTERM EXAM – 5:30 pm – rooms to be announced Feb 16-20 Family Day and Reading week - NO CLASSES
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TENTATIVE CLASS SCHEDULE ACCTG 322: Sections B1, B2, B3
Winter 2015
12 M Feb 23 CVP Relationships (continued)
13 W Feb 25 Variable costing Chapter 8 8-7, 8-16 8-9, 8-10, 8-11 8-14
M Mar 2 Student Union Election Rally (Classes withdrawn only during 12-1 pm)
14 #4 M Mar 2 Variable costing (continued) 15 W Mar 4
Reporting for Control Chapter 11 11-3, 11-5,11-6
11-8,11-9
11-1,11-4, 11-7,11-11 11-15,11-22,11-23,11-24 16 #5 M Mar 9
17 W Mar 11 18 #6 M Mar 16
Relevant Costs for Decision Making Chapter 12 12-3, 12-4, 12-5 12-6, 12-8
12-11, 12-17, 12-18, 12-20 12-22, 12-24, 12-A-2 19 W Mar 18
20 #7 M Mar 23 21 W Mar 25
Budgeting Chapter 9 9-18, 9-20 9-12, 9-14, 9-16, 9-24
22 #8 M Mar 30 23 W Apr 1
24 M Apr 6 Easter Monday – NO CLASSES
25 W Apr 8 Review of key concepts
M Apr 13 FINAL EXAM – 9:00 am - rooms to be announced
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