Managerial Accounting BUS202-03

 Spring 2015
Room: VH112
Dr. Chih-Yang Tsai
Office: VH 302
Phone: (845) 257-2934
Email: tsaic@newpaltz.edu
 Office Hours:
Monday  2:15 - 3: 25 PM & 4:45 - 6:25 PM
Thursday: 2:15 - 3:25 PM
Other time by appointment

Course Description

Introduction to measurement and communication of the financial information needed by management. Topics include product costing, cost behavior, cost-volume-profit analysis, and budgeting.

Student Learning Objectives

    1. Classify period and inventoriable costs 
    2. Classify fixed, variable and mixed costs 
    3. Compare and contrast job order, process cost and standard cost systems  
    4. Apply the concepts of activity based costing  
    5. Prepare Cost of Goods Manufactured schedule using various accounting techniques

Program Goal(s) Supported

UDG Goal Critical Thinking Oral Communication Written Communication Teamwork Ethics
Major V
Minor V
                         

Prerequisites

Required Text & Other Materials

TextbookL Accounting - Tools For Business Decision Making (for SUNY College at New Paltz)   
This is a bundled edition where an WileyPlus access code comes with the printed textbook at a slightly lower price. 
!!! If you would like to explore other options of textbook purchasing, please view the following videos (the same topic from two different angles).  There is an option for you to purchase only the online WileyPlus access which includes access to the e-Book.  The publisher also offers a 14-day grace period in case you need to wait for your financial aid package to arrive or want to have more time to make your decision.
https://www.wileyplus.com/WileyCDA/resources-and-support/instructors/set-up/gettingstarted.html
https://www.wileyplus.com/register

Grading Policy

 Distributions of points among various course requirements.
  1.  10%  - Participation :  
  2. 25% - Assignments & Quizes :  Assignments are given on WileyPlus (70% penalty for late submission).  Quizes could be given either on WileyPlus or in class.
  3. 65% - Three examinations includig the final examination.  The highest scored exam is accounted for 25% and the remaining two exams are accounted for 20% apiece.
Most of the class materials are available on WileyPlus.  Additional class notes (under Content) and examination scores (under Grade Book) will be posted on Blackboard.  All business majors need an "C-" or better to pass the course. This course has been designated as a prerequisite of several courses. Failure to pass the course may result in extra time spent in the program. Be sure to take advantage of the 35% from Participation and Assignments & Quizes.  They are easy credits to grab.

Conversion of numerical scores to letter grades is based on the list below.
      95.00% and above : A
      90.00%-94.99% : A-
      86.67%-89.99%  : B+
      83.33%-86.66% : B
      80.00%-83.32% : B-
      76.67%-79.99% : C+
      73.33%-76.66% : C
      70%-72.32% : C-
      66.67%-69.99% : D+
      60%-66.96% : D

Dates to keep in mind

Expectations

Treat this class as you would for your job:  prepare by reading the text and doing assigned homework.  Arrive promptly and remain in the classroom for the duration of the class period.  Please do not exit and reenter the room during class time, except in an emergency situation; turn off your cell phone during class.  Be proactive:  if you are having a problem with the material being covered, seek help right away.  [Office Hours: see the top of the page]
 

Policies  (applicable rules will be relaxed for students with documented health or personal problems)

Textbooks:  Not having textbooks or delay of purchasing the textbooks may significantly damange the chance of successful completion of the course.  It is student's responsiblity to obtain the textbooks in the first week of the semester.   The publisher offers a 14-day grace period. 

Make-up exams:  A student who is unable to take an examination at the scheduled time for a legitimate reason must contact the professor prior to the examination to make an alternative arrangement for completing it.  If there is an unexpected emergency situation, the student should contact the professor as soon as possible and provide documentation to justify the situation.

Absences and tardiness:  Students who are absent from class should check WileyPlus and Blackboard to study the course contents and work on homework assignments.   Absence beyond two class meetings or repeated tardiness will cost a student's attendance points.  Late arrival may be considered as absence.

Assignments submitted after the deadline:  Late submissions will suffer a hefty penalty (70% reduction).

Cheating and plagiarism:  students are expected to maintain the highest standards of honesty in their college work. Cheating, forgery, and plagiarism are serious offenses, and students that engage in any form of academic dishonesty will be subject to disciplinary action. The School of Business Ethics Statement and Policy Regarding Unethical or Dishonest Behavior are appended, and can be viewed online at: http://www.newpaltz.edu/schoolofbusiness/adminacad_integrity.html and http://www.newpaltz.edu/schoolofbusiness/adminacad_behavior.html.

Tentative Schedule

Some chapters are covered in great details while others are briefly introduced.  Depending on class progress, the pace and emphasis will be adjusted.

Week 1 – Week 6:
Chapter 14: Managerial Accounting:
Chapter 15: Job Order Costing
Chapter 16: Process Costing
Chapter 17: Activity-Based Costing
Chapter 18: Cost-Volume-Profit

Week 7 - Week 10:
Chapter 19: Cost-Volume-Profit Analysis: Additional Issues
Chapter 20: Incremental Analysis
Chapter 21: Budgetary Planning
Chapter 22: Budgetary Control and Responsibility Accoutning

Week 11 - Week 14:
Chapter 23: Standard Costs and Balanced Scorecard
Chapter 24: Planning for Capital Investments
Chapter 12: Statement of Cash Flows
Chapter 13: Financial Analysis: The big picture

SUNY New Paltz School of Business : Ethics Statement

School of Business students are expected to maintain the highest standards of honesty in their college work. Cheating, forgery, and plagiarism are serious offenses, and students that engage in any form of academic dishonesty will be subject to disciplinary action.  While we prefer to adhere to a code of honor in the School of Business, due to national trends in cheating, forgery, and plagiarism, we are instituting this policy within the school.  Any student found cheating, committing forgery, or plagiarizing may suffer serious consequences ranging from failing a specific piece of work to failing the course.  In some cases, a student may be expelled from the School of Business and the college.

Your business education includes learning ethics and values.  We trust that you have the basic foundation upon which we can build.  You will be judged by your character as well as by your knowledge and skills since the business world increasingly demands ethical behavior of its employees.  Honesty remains an admirable quality.

Cheating is defined as giving or obtaining information by improper means in meeting any academic requirements or in other aspects of your professional conducts. The use for academic credit of the same work in more than one course without knowledge or consent of the instructor(s) is a form of cheating and is a serious violation of academic integrity.

Forgery is defined as the alteration of forms, documents, or records, or the signing of such forms or documents by someone other than the proper designee.

Plagiarism is the representation, intentional or unintentional, of another’s words or ideas as one's own.  When using another person's words in a paper, students must place them within quotation marks or clearly set them off in the text with appropriate citation. When students use another’s ideas, they must clearly identify the source of the ideas. Plagiarism is a violation of the rights of the plagiarized author and of the implied assurance by the students that when they submit academic work it is their own work product.  If students have any issues with respect to the definition of plagiarism, it is their responsibility to clarify the matter by conferring with the instructor.

Cases requiring disciplinary and/or grade appeal action will be adjudicated in accordance with Procedures for Resolving Academic Integrity Cases, a copy of which is available in the office of the Vice President for Students Affairs, the office of the Provost for Academic Affairs, and in the academic Deans' offices.

We, the members of the SUNY New Paltz School of Business community, are committed to practicing the highest standards of ethical behavior and demonstrating integrity in all we do.  We practice these standards and expect them to be demonstrated by others not only in our business dealings, but in all our relationships.  Ours is a culture of integrity.   For us, ethical behavior means adhering to certain standards in both public and private.

School of Business : Policy Regarding Unethical or Dishonest Behavior


The school maintains a system (including software and web-based resources), by which students are well informed, educated and required to acknowledge by electronic signatures, the ethics, honesty and integrity standards of the School of Business, and the consequences of violating those standards.

Instructors who identify any violators should report the incident to the Dean’s office for disciplinary action. The following procedure is followed by the dean’s office for handling such incidents.

Penalties:
The involved students may request an appeal through Academic Appeal Committee (undergraduate) or Graduate Council (graduate students).

First time offenders receive a failing grade for the course, which can only be changed based on a favorable outcome of the appeals process, if applicable. The dean’s office keeps a list of first time offenders. The offenders are also required to recertify their understanding of our ethics, honesty and integrity standards.

A second time undergraduate offender will be referred for possible dismissal to the Office of Student Affairs. A second time graduate student offender will be dismissed from the Master's degree program in which he or she is matriculated, subject to review by the Graduate Council.

Note: Once a student completes the training program, he/she shall be treated equally regardless of their previous educational experience and cultural norms. Instructors are encouraged to remind students of our ethics, honesty and integrity standards at the beginning of each course.