NORTH CENTRAL TEXAS COLLEGE COURSE SYLLABUS

The North Central Texas College (NCTC) Course Syllabus provides the following as required by the Texas Higher Education Coordinating Board (THECB): (1) a brief description of the course including each major course requirement, assignment and examination; (2) the learning objectives for the course; (3) a general description of the subject matter of each lecture or discussion; and (4) any required or recommended readings.  Contact information for the instructor is also provided. The Course Syllabus also provides institutional information to indicate how this course supports NCTC’s purpose and mission. Information specific to a particular section of the course will be included in the Class Syllabus and distributed to enrolled students.

 

Course Title:  Principles of Managerial Accounting
Course Prefix & Number:  ACCT2302	Section Number: 340 and 341	Term Code: 162S
Semester Credit Hours:  3	Lecture Hours: 48	Lab Hours: 0
Course Description (NCTC Catalog): Managerial use of accounting information; terminology, activity and cost behavior; use of accounting information for pricing; product and investment decisions, budgeting and quality control. Course will include computer applications.
Course Prerequisite(s): Required:  Principles of Financial Accounting
Course Type: x- Academic General Education Course (from Academic Course Guide Manual but not in NCTC Core) o - Academic NCTC Core Curriculum Course o - WECM Course

 

Name of Instructor:	Dee Amaradasa
Campus/Office Location:	Corinth Campus, Room 333
Instructor Office  Hours:	·         MW 12:00   Noon – 3:30PM ·         F 12:00   Noon – 3:00PM
Telephone Number:	940-498-6414
E-mail Address:	damaradasa@nctc.edu

 

Name of Chair/Coordinator:	Doug Akins
Office Location:	Corinth Campus, Room 207-A
Telephone Number:	940-498-6261
E-mail Address:	dakins@nctc.edu

 

 

REQUIRED OR RECOMMENDED COURSE MATERIALS

Loose Leaf book + Online Access Code to My Accounting Lab:  Managerial Accounting 4/E by Braun, Tietz.  My Accounting Lab is required. The lowest price option for you is to buy the textbook and access code directly from the publisher.  When you register with My Accounting Lab via Canvas/Modules, there will be an option for you to buy the access code or sign up for free 3 week access. Once you register and enroll in the course, you can use the link provided below to purchase a printed copy of your textbook. Link: http://www.mypearsonstore.com/bookstore/new-myaccountinglab-print-offer-for-managerial-accounting-9780133451498?aid=48F158BB-77C7-45EF-97D2-0B063D04765E All ACCT Course materials can also be purchased from the NCTC Bookstore.

 

COURSE REQUIREMENTS, EVALUATION METHODS AND GRADING CRITERIA

# of Graded Course Elements	Graded Course Elements	Percentage or Points Values
11	Homework Assignments	300 points - 25%
11	Quizzes	300 points - 25%
3	Unit Exams	240 points - 20%
1	Proctored Final Exam (Comprehensive)	240 points - 20%
11	Participation – Discussion Forums	120 points - 10%
	Total Points Possible	1200 points - 100%

 

GRADING POLICY:

Letter grades for this course will be assigned in accordance with NCTC standard grading policy. 

                A  90%-100%        D  60%-69%

                B   80%-89%          F   0-59%               

                C   70%-79%

 

INSTITUTIONAL LEARNING GOALS

 

o            A quality general education curriculum in all associate degree programs.

x           Quality freshman and sophomore level courses in arts and sciences which parallel the lower division offerings of four-year colleges and universities.

o            Quality technical programs leading directly to careers in semi-skilled and skilled occupations, and quality technical education programs up to two years in length leading to certificates and associate degrees.

o            Quality programs and services in support of adult literacy and basic skills development as a mean of workforce enhancement and expanding access to higher education.

 

PROGRAM PURPOSE STATEMENT

 

NCTC seeks to implement its goal of providing quality freshman and sophomore level courses in arts and sciences that parallel the lower division offerings of four-year colleges and universities by offering a coherent sequence of courses with appropriate breadth and depth to prepare student for transfer to a university.

 

 

DEPARTMENTAL PURPOSE STATEMENT

 

The purpose of the Business Management Department is to provide certificate and degree options in business management that will allow students to enter and advance in the workforce or enter four-year institution to pursue a higher degree.

 

STUDENT LEARNING OUTCOMES

 

• Identify the role and scope of financial and managerial accounting and the use of accounting information in the decision making process of managers.
• Define operational and capital budgeting, and explain its role in planning, control, and decision - making.
• Prepare an operating budget, identify its major components, and explain the interrelationships among its various components.
• Explain methods of performance evaluation.
• Use appropriate financial information to make operational decisions.
• Demonstrate use of accounting data in the areas of product costing, cost behavior, cost control, and operational and capital budgeting for management decisions.

 

 

GENERAL DESCRIPTION OF SUBJECT MATTER FOR EACH LECTURE/DISCUSSION

 

Topic	General Description of Subject Matter
Introduction to Managerial Accounting	Introduction to managerial accounting,  primary responsibilities of a manager and  the impact of certain business trends affecting companies and their managerial accounting systems.
Building Blocks of Managerial Accounting	Covers business sectors, value chain and  cost concepts frequently used by managers
Job Costing	Determining cost of a product using a job costing system including calculating pre-determined overhead rate.
Activity-Based Costing	Cost refining systems including departmental costing and activity based costing.
Process Costing	Determining cost of a product using a process costing system including calculating equivalent units.
Cost Behavior	Discusses cost behavior and the implications of managements’ understanding of that behavior.
Cost-Volume-Profit Analysis	Discusses how cost-volume-profit analysis is used in decision-making including calculation of breakeven points.
Short-Term Business Decisions	Discusses the decision-making process of defining goals, identifying alternative courses of action, gathering and analyzing relevant information before selecting the best alternative.
The Master Budget	An overview of the budgeting process and shows how various budgets relate to one another.
Performance Evaluation	Discusses the methods of evaluating responsibility centers.
Standard Costs and Variances	Discusses standard costing including the calculation and use of variances.
Capital Investment Decisions and the Time Value of Money	Discusses the capital budgeting process and methods to evaluate capital investments.   Includes time value of money.

 

Last day to Withdraw	For the Spring 2017 semester, the last day to withdraw from a course with a “W” is Thursday, April 6th, 2017.
Student Rights & Responsibilities	NCTC Board policy FLB (Local) Student Rights and Responsibilities states that each student shall be charged with notice and knowledge of the contents and provisions of the rules and regulations concerning student conduct.  These rules and regulations are published in the Student Handbook published in conjunction with the College Catalog.  All students shall obey the law, show respect for properly constituted authority, and observe correct standards of conduct.
Scholastic Integrity	Scholastic dishonesty shall constitute a violation of college rules and regulations and is punishable as prescribed by Board policies. Scholastic dishonesty shall include, but not be limited to cheating on a test, plagiarism, and collusion.
STUDENT SUPPORT SERVICES
Disability Services (OSD)                   Support Services                                 Early Alert/CARES	The Office for Students with Disabilities (OSD) provides accommodations for students who have a documented disability. On the Corinth Campus, go to room 170 or call 940-498-6207. On the Gainesville Campus, go to room 110 or call 940-668-4209.  Students on the Bowie, Graham, Flower Mound, and online campuses should call 940-668-4209. North Central Texas College is on record as being committed to both the spirit and letter of federal equal opportunity legislation, including the Americans with Disabilities Act (ADA) of 1990, ADA Amendments Act of 2009, and Section 504 of the Rehabilitation Act of 1973 (P.L. 93-112).   http://www.nctc.edu/StudentServices/SupportServices/Disabilityservices.aspx   Counseling and Testing staff offer a variety of services to current and prospective students, such as College 101, placement testing, academic advising and course registration, transfer assistance, and College Success seminars (Time Management, Study Skills, Test Anxiety, Choosing a Major, Learning Style Strategies, Career Exploration), and much more.  http://www.nctc.edu/StudentServices/CounselingTesting.aspx   Student Success offers academic coaching, tutoring, including a Writing Center, a Math Lab, free 7 hours per academic year of online tutoring through Tutor.com and assist new students acclimate to college by providing computer lab services for prospective students.   First generation students can also participate in TRIO which offers specialized support services. http://www.nctc.edu/StudentServices/SupportServices.aspx   Financial Aid offers financial resources for students that qualify, visit the financial aid offices for more information.  http://www.nctc.edu/FInancialAidHome.aspx   The NCTC Early Alert program has been established to assist students who are at risk of failing or withdrawing from a course. Your instructor may refer you to this program if you are missing assignments, failing tests, excessively absent, or have personal circumstances impacting your academic performance. If submitted as an Early Alert you will be notified via your NCTC e-mail address and then contacted by a Counseling and Testing advisor or counselor to discuss possible strategies for completing your course successfully.  The NCTC CARES (Campus Assessment Response Evaluation Services) Team addresses behavior which may be disruptive, harmful or pose a threat to to the health and safety of the NCTC community-such as stalking, harassment, physical or emotional abuse, violent or threatening behavior, or self-harm. As a student, you have the ability to report concerning behavior which could impact your own safety or the safety of another NCTC student. Just click the NCTC CARES Team logo posted on MyNCTC, or send an e-mail to CARESTeam@nctc.edu.  As always, if you feel there is an immediate threat to your own safety or welfare (or to another student), please call 911 immediately.

 

ONLINE CLASS ATTENDANCE POLICY

 

Attendance will be measured by the completion of Homework, Quizzes and Discussion forums by their due dates. History of Canvas access will also be used to determine attendance in your online course. Students who fail to log in regularly and participate in online course assignments will be reported to the college as non-attending students.  Non-attendance may impact your Financial Aid.

 

OTHER PERTINENT INFORMATION

 

• Students will need to come to campus to take a proctored final exam for this class. Students will need to take the Final exam in person on Monday 5/8/2017 at the Corinth Campus or on Tuesday to 5/9/2017 on the Flower Mound Campus from 5:00PM to 8:00PM. If the times available do not work, an alternative time should be set up with the instructor at least 3 weeks prior to the final exam. Room assignments for the final exam will be announced later in the semester.
• All coursework is available via the Internet through NCTC’s Canvas Learning Management System. Students should go to Canvas/Modules to access the course instructions and assignments.
• The course schedule is available on Canvas/Syllabus. Please scroll all the way to the bottom of the syllabus and wait for the page to refresh.
• Instructor recorded lectures are available for this course in Canvas/Modules under each Chapter. No lectures are available for chapter 1.
• Students are expected to log in to Canvas on a regular basis. I suggest a minimum of twice a week. 
• If a student should experience problems accessing the course material in Canvas OR sending/receiving course mail, it is the student’s responsibility to notify the instructor immediately or contact the e-Learning Helpdesk.
• Online Accounting courses are extremely challenging. They are designed for self-motivated individuals who can work on their own without much instruction.  Expect to spend 8 to 10 hours a week working in this course.
• Discussion forums account for 10% of the overall grade. The discussion forums are assigned in Canvas and have multiple due dates. The original post due date will be on a Thursday.  If a reply to a post is required, it will be due on a Sunday night along with your other assignments.  The original post accounts for 70% of the discussion forum grade.  The reply to a post is 30% of your discussion forum grade.  If your original post is done AFTER the first deadline, you will not get ANY points for the original post but you will get the points for any reply to another post.
• Homework and Quizzes are assigned in My Accounting Lab (Pearson My Lab and Mastering). Links to My Accounting Lab (Pearson My Lab and Mastering) are available in Canvas to access these assignments. These assignments are graded must be completed on or before 11:55PM on the due date. The instructor may not be available to answer questions from Friday after 3pm to 8am Monday. Homework may be turned in late. There is a 35% penalty for late homework assignments. Password to complete late homework: late
• Homework may be attempted unlimited number of times. Be sure to save your attempts so that you get credit for the questions already completed.  For homework, the last saved attempt will be the one that is counted as your grade.
• Quizzes may be attempted 3 times and are not timed. The best score of your 3 attempts will be taken.  Please note that even if you click on the quiz and you close it without completing the quiz, it still counts as 1 attempt.  The quiz questions will be drawn from a pool of questions.  The highest score of the 3 quiz attempts will be the one that is counted as your grade.
• Quizzes cannot be turned in late.
• Students may turn in 2 late My Accounting Lab assignments without incurring any late penalties after the drop date (4/6/2017). Alternatively, students may choose 2 homework or quiz assignments to improve their grade. If reworking or turning in late homework or quizzes, students need to e-mail the instructor to gain access to their assignments. All other late homework assignments carry a 35% penalty. Chapter 11 and Chapter 12 assignments cannot be turned in late or reworked.
• Discussion forums cannot be turned in late.
• Make-up exams has to be taken in person. Make-up exams will be given at the discretion of the instructor with whom special arrangements must be made prior to the exam. Make up exams will only be administered during the instructor’s office hours.  Please note that there will be no make-up exam for the final exam.  All make-up exams must be taken on or before Friday, May 5th, 2017.
• The deadline for all make-up exams, late work, make-up work and extra credit assignments is Friday, May 5th, 2017.
• Accounting is best learned by doing as many problems as possible. There are problems in the study plan as well as pre and post-tests available for each chapter of the textbook in My Accounting Lab – these are not required but students are strongly encouraged to do as many questions as possible to help you grasp the concepts.  My Accounting Lab also contains Power Point presentations and video if you require additional help.
• Accounting is a subject that builds. Students who do not understand one will have difficulty when moving on to the rest of the Chapters.  Students, who do not understand a chapter, should discuss their situation with the instructor immediately after the chapter is covered.
• Students are responsible for keeping track of their own grades. Grades for each assignment and exam will be posted in Canvas.  If you believe the grade posted is in error, please contact your instructor.
• It is the student’s responsibility to drop the class. The instructor will not drop the class for you.  You are required the fill out the required paperwork necessary to drop the class before the last drop date – Thursday, April 6th, 2017.
• The instructor reserves the right to change course assignments, grading policies, and assignment schedules at any time.
• Emails will be answered within 24 hours Monday through noon on Friday unless it is a Holiday. After noon on Friday through Sunday, they will be answered after 8am on Monday.

 

 

 

Workforce Education Program Elements (SCANS Skills)

                                               

The Secretary’s Commission on Achieving Necessary Skills (SCANS) conducted extensive research and interviews and determined that “workplace know-how” consists of two elements:  foundations skills and workplace competencies.  Upon successful completion of this course in this program, students will have demonstrated the following competencies: 

 

• Foundation Skills
• Basic Skills:

 A worker must  be able to

(i) read

 (ii)write,

(iii) perform arithmetic and mathematical operation

 (iv) listen

 (v) speak effectively.

(b)  Thinking Skills:

        A worker must  

(i)  specify goals and constraints and generate alternatives, consider risks, and evaluate and choose the best alternative

        (ii) recognize problems and devise and implement plan of action

(iii) organize and process symbols,pictures, graphs, objects, and other information

        (ii) use efficient learning techniques to acquire and apply new knowledge and skills

(ii) discover a rule or principle underlying the relationship between two or more objects and apply it when solving a problem.

• Personal Qualities:

A worker must display

 (i) responsibility,

 (ii) self-esteem,

(iii) sociability,

(iv) self-management,

(v) integrity, and

 (vi) honesty.

 

• Workplace Competencies
• Resources:

 A worker must  select goal-relevant activities, rank them, allocate time, and prepare and

follow schedules.

• Interpersonal Skills: A worker must work with others effectively to

 (i) participate as a member of a team: contribute to group effort

 (ii) teach others new skills

 (iii) exercise leadership - communicate ideas to justify position, persuade and

convince others, responsibly challenge existing procedures and policies.

 (iv) negotiate- work toward agreements involving exchange of resources, resolve

divergent interests.,

(v) work with diversity - work well with men and women from diverse backgrounds.

• Information: A worker must be able to

 (i) acquire and use information,

(ii) organize and maintain information,

(iii) interpret and communicate information and

 (iv) use computers to process information.