Principles of Managerial Accounting

Page 1 adopted May 13, 2024, by Faculty Chair ACCT 202 Syllabus: Page 1 of 7 Accounting Department Syllabus for ACCT 202: Principles of Managerial Accounting Correspondence 2023-2024 Instructor Name: Tammie Merkel Instructor Email: tammie.merkel@csupueblo.edu Extended Studies Main Line: 719.549.2316 or 800.388.6154 Extended Studies Fax: 719.549.2438 Extended Studies Email: independentstudy@csupueblo.edu Extended Studies Mailing Address: CSU Pueblo ATTN: Extended Studies 2200 Bonforte Blvd., Pueblo, CO 81001 Office Hours If you need help, please send an email (or postal mail if you are a print-based student) that includes your name, course, semester, and year. I anticipate responding to emails within 12 hours. Class Meeting Structure Independent Study courses are self-paced, correspondence learning. ● Correspondence courses allow students to study anytime and anywhere independently. ● Interaction is only between the instructor and the student, is typically limited, and is primarily initiated by the student. ● Independent Study correspondence learning is not the same as online learning. ● To ensure timely completion of your course, please contact your instructor when assignments and quizzes/exams are ready for grading and upon completion of all course requirements. Submission: ● Blackboard students: Submit all Critical Thinking Assignments through your ExPrep portal (linked in each Module folder). Grading will be provided by ExPrep after your completion. Please see the Blackboard gradebook for your final grade on assignments and your email for additional instructor feedback. The instructor will review all ExPrep grading for accuracy and may adjust accordingly. Submit all Written Response assignments in Blackboard. Page 2 adopted May 13, 2024, by Faculty Chair ACCT 202 Syllabus: Page 2 of 7 ● Print-based students: o Be sure that your submission includes the following at the top: name of assignment, your name, NetID, and date. o Mail assignments to Extended Studies. Then Extended Studies will mail them to the instructor who will grade them and get them back to Extended Studies in a quick manner. Course Description Catalog’s Description Managerial uses of accounting information, including cost-based, decision making, differential accounting, and responsibility accounting. May include computer-based applications. Additional Description This course provides a thorough understanding of basic accounting principles for managerial purposes. Topics covered include managerial uses of accounting information, including product costing, decision making, differential accounting and responsibility accounting. This is a basic course that aids in building a foundation for financial analysis and decision-making. Prerequisites ACCT 201: Principles of Financial Accounting Credit Hours and Expected Student Effort This course is 3 credit hours. The course minimum is 2,250 minutes per credit hour. As an Independent Study correspondence course, the class is largely independent, and you are asked to take responsibility for your own learning. Your instructor is available for assistance, clarification, and feedback on material as needed, but the course is designed for you to independently read any required textbook and materials and progress through the course at a pace that is convenient and efficient for your schedule. Important Dates Students may drop courses before 15% of the course duration has passed from your registration date, without a record of the dropped course appearing on the student’s permanent record. When a student withdraws from a course before 75% of the course duration has passed, a grade of “W” (withdrawal) will be recorded on the academic record. After 75% of the course duration has passed, a student may not withdraw. Tuition and fees will not be adjusted for course withdrawals during this withdrawal period. Note: Drop/withdrawal dates for each course may vary. Please reach out to Independent Study Program staff for your specific dates. Those dates can also be found in your registration confirmation. Page 3 adopted May 13, 2024, by Faculty Chair ACCT 202 Syllabus: Page 3 of 7 Class Schedule Correspondence courses require self-motivation. We recommend that you create a schedule for yourself to keep up with the work to ensure your successful completion of the course. Hasan School of Business SLOs Goal 1. Communication 1.1. Prepare a written document and/or oral presentation that are focused, well-organized, as well as mechanically and professionally sound. Goal 2. Problem Solving 2.1. Identify problem(s) in unstructured settings and apply appropriate quantitative techniques to solve the problem(s). 2.2. Identify problem(s) in unstructured settings and analyze appropriate information to develop viable recommendations. Goal 3. Global Awareness 3.1. Demonstrate understanding of global issues and perspectives that may impact business solutions. Goal 4. Ethical Awareness 4.1. Demonstrate awareness of ethical issues and possible impacts on business decision making. Course Objectives or Student Learning Outcomes/Instructional Methods 1. Students will develop an understanding of the basics of Managerial Accounting. 2. Students will be able to analyze financial statements and evaluate business performance. 3. Students will be able to describe and compute manufacturing costs and account for the flow of those costs. 4. Students will be able to perform cost-volume-profit analysis and incremental analysis. 5. Students will be able to prepare budgets and compute variances to those budgets. Required Textbook and Other Materials Required: Mitchell, F., Graybeal, P., and Cooper, D. (2019). Principles of Accounting, Volume 2, Managerial Accounting. ACCT 202 Textbook – OpenStax ISBN: 9781947172609 (Hardcover), 9781593995959 (Paperback), 9781947172593 (Digital) Digital-Only Students: Required: ExPrep Access (ExPrep; 8 Character Class Code is Available within your Blackboard shell). If you have used ExPrep before, you do not need a new account or new access code. Page 4 adopted May 13, 2024, by Faculty Chair ACCT 202 Syllabus: Page 4 of 7 Course Requirements This section provides an overview of the course requirements. A more detailed breakdown of the Course Agenda is at the end of the syllabus. It includes topics and expected student efforts. Please reach out to Independent Study Program staff for your specific dates and course completion deadline. Assignments This course is composed of eight critical thinking assignments, each of which is worth 100 points. It is additionally composed of eight written response assignments, each of which is worth 25 points. A written response rubric can be found below. Your grade will be 1000 points in total. Written Response Rubric Criteria Category Grading Criteria Quality Guidelines (50%) All questions are answered completely, responses are original in content, and the response demonstrates analysis of the topic. Participation Guidelines (30%) Main response is no less than 250 words. Clarity, Organization, and Professionalism Guidelines (20%) Responses are organized and logical, minimal spelling or grammatical errors, references are used and cited properly, and appropriate language, respect, and consideration towards the instructor. Exams, Quizzes, and Projects There are no exams, quizzes, or projects in this course. No proctoring is required. Use of Technology (This section does not apply to print-based students.) For the online version of this course, Microsoft Excel can aid in the calculation and submission of the assignments. Generative AI (ChatGPT, etc.): As generative artificial intelligence (AI) tools begin to transform the way we use technology and work online, it’s important to recognize appropriate and inappropriate uses of AI within educational environments. In the Independent Study program, we value student learning, critical thinking, and Page 5 adopted May 13, 2024, by Faculty Chair ACCT 202 Syllabus: Page 5 of 7 authenticity. While AI can be a useful tool when brainstorming and generating ideas, it does not replace a student’s knowledge, voice, or ability to draw on individual experiences. When AI is used in place of a student’s authentic work, that usage not only impedes learning but in many cases is considered academic misconduct. To maintain academic integrity, we ask that students consult with their instructors before using AI in their courses and include proper attribution if AI use is deemed acceptable. Sources utilized by AI should also be evaluated for credibility. Use of generative AI tools without proper attribution may result in a failed assignment, course, or other disciplinary action as determined by the instructor. Information for Print-Based Students All critical thinking assignments and written response assignments, including their directions will be provided in PDF format, with clearly shaded boxes for student input. All answers must be written legibly. Be sure that your submission includes the following at the top: name of assignment, your name, NetID, and date. Attendance/Participation Due to the nature of correspondence courses, attendance is not required. Participation will be gauged based on investment and effort exhibited in course requirements. Grading This course is composed of 1000 points in total. 900 – 1000 points is an A. 800 – 899 points is a B. 700 – 799 points is a C. 600 – 699 points is a D. Below 600 points is an F. This course does not round grades. Extra Credit Extra credit is not offered in this course. Page 6 adopted May 13, 2024, by Faculty Chair ACCT 202 Syllabus: Page 6 of 7 Accommodations https://www.csupueblo.edu/disability-resource-and-support-center/faculty-staff-resources.html If you have a documented disability that may impact your work in this class and for which you may require accommodations, please see the Disability Resource & Support Center (DRSC) as soon as possible to arrange services. The DRSC is located in LARC 187 and can be reached by phone (719- 549-2648) and email (dro@csupueblo.edu). Print-based students can send written correspondence to: CSU Pueblo ATTN: Disability Resource & Support Center 2200 Bonforte Blvd. Pueblo, CO 81001 Starfish Performance Notifications Starfish notifications inform you and your academic success team on your performance in this class. Reading these emails and/or texts and taking the suggested actions is highly encouraged for your success. Please access Starfish through PAWS to view your kudos or flags. You may also request assistance from many services through Starfish. Starfish is not applicable to non-degree seeking or self-pay guest students Although this is a self-paced course, students who are not progressing in their course(s) at 4, 8 and 12 weeks will be flagged for follow-up from their Academic Success Coach to encourage course completion. Semester Syllabus Reference Sheet by Term (For print-based students without access to the internet, Extended Studies can include the PDFs discussed below as a printout.) The Syllabus Reference Sheet provides information on topics such as health and safety, academic and wellness support services, course concerns, academic misconduct, institutional equity, etc. https://www.csupueblo.edu/extended-studies/independent-study/helpful-links.html Page 7 adopted May 13, 2024, by Faculty Chair ACCT 202 Syllabus: Page 7 of 7 Course Agenda Module Module Title Chapters Complete Modules 1 through 4 by the time you are one-half of the way through the time you are allowed to complete the course. 1 Accounting as a Tool for Managers and Building Blocks of Managerial Accounting 1 & 2 2 Cost-Volume-Profit Analysis 3 3 Job Order Costing and Process Costing 4 & 5 4 Activity-Based, Variable, and Absorption Cost 6 5 Budgeting and Standard Costs and Variances 7 & 8 6 Responsibility Accounting and Decentralization and Short-Term Decision Making 9 & 10 7 Capital Budgeting Decisions 11 8 Balanced Scorecard and Other Performance Measures and Sustainability Reporting 12 & 13