Syllabus for ACC-102-OL

COURSE DESCRIPTION

Principles of Managerial Accounting has as its principal focus the information that managers need to make decisions and the types of analyses appropriate to each decision. Course topics range from cash flow and financial statement analysis to long-term capital budget decisions.

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COURSE OBJECTIVES

By successfully completing the learning activities of the course, you should be able to:

• Explain global business and its impact on business and accounting.
• Illustrate and define the relationship among cost, profit, and volume of activity and analyze their effects on business decisions.
• Use incremental analysis as a method to enhance short-term decision making.
• Describe the capital budgeting process and the accounting input required.
• Calculate the unit cost of a product or service using job order costing and process costing and calculate variance using the standard cost system.
• Prepare operational budgets and schedules and explain the control process as it relates to operational budgets.

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REQUIRED TEXTBOOK

The following textbook is required to do the work of the course. The text is available from the textbook supplier, MBS Direct.

Financial and Managerial Accounting: The Basis for Business Decisions, 15th ed., by Jan R. Williams et al. (New York: McGraw-Hill/Irwin, 2010; ISBN-10: 0-07-352699-1).

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COURSE STRUCTURE

Principles of Managerial Accounting is a three-credit, online course, consisting of five (5) assignment modules. You are required to participate in five (5) graded class discussions and to complete five (5) written assignments. You are also required to take a midterm examination and complete a final project.

Each assignment module comprises two or more units, and each unit, in turn includes learning objectives, a study assignment, and either a discussion activity or a written assignment.

For the course's five assignment modules, go to the Assignment Modules area of the course Web site. (See also the course Calendar.)

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ONLINE PARTICIPATION

Principles of Managerial Accounting requires you to participate in five graded online discussion activities, in addition to an ungraded "Introductions" forum in module 1.

Communication with the mentor and among fellow students is a critical component of online learning. Participation in online discussions involves two distinct activities: an initial response to a posted activity and subsequent comments on classmates' responses. Meaningful participation is relevant to the content, adds value, and advances the discussion. Comments such as "I agree" and "ditto" are not considered value-adding participation. Therefore, when you agree or disagree with a classmate, the reading, or your mentor, state and support your agreement or disagreement. You will be evaluated on the quality and quantity of your participation. Responses and comments should be properly proofread and edited, professional, and respectful.

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WRITTEN ASSIGNMENTS

The five (5) written assignments consist mostly of exercises and problems taken from the end of each assigned chapter in the textbook. You are to submit your answers to these exercises and problems to your mentor for correction and grading. When preparing the assign­ments, please identify each exercise and problem clearly by textbook chapter and exercise or problem number, with the exercises first followed by the problems. To receive full credit for your answers, you must show all work and include complete solutions.

Prepare your written assignments using whatever word processing program you have on your computer. Include your name at the top of the paper, as well as the course name and code and the semester and year in which you are enrolled.

Before submitting your first assignment, check with your mentor to determine whether your word processing software is compatible with your mentor's software. If so, you can submit your work as you prepared it. If not, save your assignment as a rich-text format (.rtf) file, using the Save As command of your software program. Rich text retains basic formatting and can be read by any other word processing program.

When satisfied that your assignment represents your best work, submit it to your mentor by means of the assignment link provided on the respective assignment page. Use the Browse button within this link to locate and attach your assignment file. Click to turn in the assignment.

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MIDTERM EXAMINATION

Principles of Managerial Accounting requires you to take a closed-book, proctored midterm examination. Consult the course Calendar for the scheduling of the exam.

The midterm is two hours long and covers all material assigned through unit 3.1 (chapters 13–19 in the textbook) and includes objective questions and problems. Bring a calculator.

You may take the examination only during the designated midterm exam period, by choosing one of the following two options:

• Online Proctor Option: If you have a webcam with a microphone and a reliable, high-speed Internet connection, you can take the exam online in the convenience of your home. During the first week of the semester, you will select an appointment through the ProctorU scheduling system. Then, on your selected day and time, you will be monitored by a remote proctor who will communicate with you via your video and audio connection. For further information on scheduling and taking an online proctored examination, see Tests & Quizzes > Midterm Examination.
  
  
• Pen-and-Paper Option: You may choose your own proctor or take the exam at Thomas Edison State College during midterm exam week. You should schedule your exam and submit your "Proctor Request Form" no later than the end of the first week of the semester (see Administrative Forms in the General Information area of the course Web site). For more information on scheduling a pen-and-paper proctored examination, see the Online Student Handbook in General Information.