MASTER SYLLABUS

2020-2021

A.	Academic Division: Business, Industry and Technology

B.	Discipline: Accounting

C.	Course Number and Title: ACCT1030 Managerial Accounting

D.	Course Coordinator: Jennifer Adkins

Assistant Dean: Toni Johnson, PhD

Instructor Information:

Name:	Click here to enter text.

Office Location:	Click here to enter text.

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Phone Number:	Click here to enter text.

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E.	Credit Hours: 4

F.	Prerequisites: ACCT1010

G.	Syllabus Effective Date: Fall, 2020

H.	Textbook(s) Title:

Horngren’s Financial and Managerial Accounting, The Managerial Chapters with MyAccountinLab

Authors: Miller-Nobels and Mattison

Copyright Year: 2017

Edition: 6th

ISBN: 9780134461724 (eText) or 9780134642871 (Hardcopy)

Workbook(s) and/or Lab Manual: None

J.	Course Description: This course provides information for assisting the management of a business entity in making decisions and for evaluating the effectiveness of those decisions by developing a student’s understanding of managerial accounting principles. (TAG# OBU011)

K.	College-Wide Learning Outcomes

College-Wide Learning Outcomes	Assessments - - How it is met & When it is met
Communication – Written
Communication – Speech
Intercultural Knowledge and Competence
Critical Thinking
Information Literacy
Quantitative Literacy

L.	Course Outcomes and Assessment Methods:

Upon successful completion of this course, the student shall:

Outcomes	Assessments – How it is met & When it is met
Discuss the three broad functions of management.	Daily Homework- weeks 1-4; Exam – Weeks 1 - 4
Apply the three classes of manufacturing costs and differeniate between product and period costs.	Daily Homework-weeks 1-4; Exam–Weeks 3-4
Calculate cost of goods manufactured.	Daily Homework- weeks 5-7; Exam – Weeks 5 – 7
Explain the characteristics and purposes of cost accounting; demonstrate the flow of costs in job order and process cost accounting systems.	Daily Homework- weeks 5-7; Exam – Weeks 5 – 7
Differentiate between traditional costing and activity-based costing (ABC).	Daily Homework- weeks 7-9; Exam – Weeks 7 – 9
Demonstrate an understanding of cost behavior and differentiate between variable and fixed costs.	Daily Homework- weeks 7-9; Exam – Weeks 7 – 9
List the five components of cost-volume-profit analysis and demonstrate the use of this technique.	Daily Homework- weeks 7-9; Exam – Weeks 7 - 9
Discuss the components of and the benefits of budgeting.	Daily Homework- weeks 10-12; Exam – Weeks 10 - 12
Demonstrate knowledge of the concepts of budgetary control and the features of responsibility accounting.	Daily Homework- weeks 10-12 ; Exam – Weeks 10 - 12
Determine the advantages of using standard costs and of the use of variances.	Daily Homework- weeks 10-12; Exam – Weeks 10 - 12
Discuss the steps in management’s decision-making process and the concept of incremental analysis.	Daily Homework- weeks 13-14; Exam – Weeks 13 - 14
Demonstrate knowledge of the capital budgeting evaluation process and explain what inputs are used in capital budgeting.	Daily Homework- weeks 13-14; Exam – Weeks 13 - 14
Calculate cash payback, the net present value, and annual rate of return methods of evaluating investments.	Daily Homework- weeks 15-16; Exam – Weeks –15-16
Apply basic financial statement analysis tools, including financial ratios, to analyze a company.	Daily Homework- weeks 15-16; Exam – Weeks 15 - 16

M.	Topical Timeline (subject to change):

Managerial Accounting Basics and Costs Concepts – Weeks 1-4

Job Order Costing – Weeks 5-9

Process Costing -- Weeks 5-9

Activity-Based Costing -- Weeks 5-9

Cost-Volume-Profit – Weeks 5-9

Incremental Analysis – Weeks 5-9

Budgetary Planning – Weeks 10- 14

Budgetary Control and Responsibility Accounting -- Weeks 10-14

Standard Costs -- Weeks 10-14

Planning for Capital Investments -- Weeks 10-14

Financial Statement Analysis – Weeks 15-16

N.	Course Assignments:

Practice of course topics in class

Homework preparation for class

Exam

O.	Recommended Grading Scale:

NUMERIC	GRADE	POINTS	DEFINITION
93–100	A	4.00	Superior
90–92	A-	3.67	Superior
87–89	B+	3.33	Above Average
83–86	B	3.00	Above Average
80–82	B-	2.67	Above Average
77–79	C+	2.33	Average
73–76	C	2.00	Average
70-72	C-	1.67	Below Average
67–69	D+	1.33	Below Average
63-66	D	1.00	Below Average
60-62	D-	0.67	Poor
00--59	F	0.00	Failure

P.	Grading and Testing Guidelines:

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Q.	Examination Policy:

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R.	Class Attendance and Homework Make-Up Policy:

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S.	Classroom Expectations:

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T.	College Procedures/Policies:

Important information regarding College Procedures and Policies can be found on the syllabus supplement located at

http://catalog.ncstatecollege.edu/mime/download.pdf?catoid=5&ftype=2&foid=3