Required Textbook - Managerial Accounting, Garrison
and Noreen, 9th edition
Instructor - Ms. Darlene Booth-Bell
Office Hours- Duckett Hall, Office # 207 Telephone 758-4492
Monday, Wednesday, Friday - 10:00am - 12:00 noon
Thursday - 11:00am - 3:00pm, all other times by appointment
Class objectives
At the completion of this course, students should understand the technical application of managerial accounting. Students should understand how managers use accounting information to make business decisions, including those involving planning and controlling operations.
Students should complete the course with a strong knowledge of budgeting, cost systems, analysis of financial data, and other planning and control tools. Critical analysis, and written communication skills will be honed with the completion of various written case studies and financial summaries, which will be included in the homework. Ethical issues confronting internal accountants will also be discussed. Students should expect to complete extensive homework assignments.
Weekly group assignments and group discussions will ensure that the student is capable of working in a group setting. The class participation grade component will assess the level of engagement that the student exhibited during these exercises.
Class expectations
Ms. Booth-Bell has a favorite motto, “Accounting is not HARD, it is just HARD WORK”. This means you do not have to be the smartest student in the class to get an A, just the student that is diligent and does his or her work. Therefore to be successful in this class you MUST complete homework assignments. Each chapter homework assignment will take approximately 2-4 hours to complete, but your reward will be a through understanding of the subject, and a favorable grade in the class. You are welcome to work in small groups, and turn in homework assignments as a group; however, it is each student’s personal responsibility to make sure they understand the group homework submitted.
Students are expected to attend every class and arrive promptly, as class participation is an important requirement for success in this class. The official Benedict College attendance policy will be observed in this class.
All assignments must be turned in on time. Homework assignments will not be accepted after the due date. Testing will be completed in the time assigned. Any student who misses a test will receive a grade of “0” for that test missed, unless an official Benedict College excuse is presented to Ms. Booth-Bell. Arrangements for the test missed must be made with Ms. Booth-Bell as soon as possible, or at the latest, as soon as the student returns to campus.
Mrs. Booth-Bell will review all homework assignments in class after they are submitted. This will allow the student to attempt the problem first, and to encourage students to review the material before it is covered in class. Mrs. Booth-Bell will hold a review session before a scheduled examination. This review session is not an attempt to re-teach the entire body of material, but to give the student an outline of important points to focus on for the examination.
Mrs. Booth-Bell does keep office hours as presented on the syllabus, and as posted on her door. If she will not be available for a scheduled office hour, she will try to alert students at least the class period prior to the scheduled office hours. For unforeseen cancellation of office hours, a note will be posted on the door of office 207 Duckette Hall. If you are unable to seek help during office hours, please see Ms. Booth-Bell to make an appointment at another time.
Internet Sites
Here is a partial list of Internet sites which students will use to supplement the text assignments. Additional sites will be communicated during class times.
http://www.sec.gov/ http://cnnfn.com http://interactive.wsj.com
http://www.hoovers.com http://www.disclosure.com
Grades
Exam I 100 points
Exam II 100 points
Final Exam 100 points
Homework,quizzes 150 points
Class participation 25 points
Attendance 25 points
500 points
Grading scale
A 425 and Above
B 375 - 424
C 325 - 374
D 275 - 324
F Below 275
Week 1 Introduction, Class Objectives and Goals, Class Requirements
Week 2,3 Chapter 1- Managerial Accounting and the Business Environment.
Chapter 2 - Cost Terms, Concepts, and Classifications
Quiz
Week 3,4 Chapter 3 - Systems Design -Job-Order Costing
Week 5 Review
Examination Chapters 1,2,3
Week 6,7 Chapter 4 - Systems Design -Process Costing
Week 8 Midterm
Examination Chapters 1-4
Chapter 5 - Cost Behavior: Analysis and Use
Week 9,10 Cont. Chapter 5 - Cost Behavior: Analysis and Use
Quiz chapter 5
Week 11,12 Chapter 6 - Cost-Volume-Profit Relationships
Week 13 Review
Week 14 ,15 Chapter 7 - Variable Costing - A Tool to Aid Decision Making
Quiz Chapter 7
Week 16 Chapter 9 - Profit Planning
Final course review - TBA
Final Comprehensive Examination, Chapters 1-9