NORTH CENTRAL TEXAS COLLEGE

COURSE SYLLABUS

COURSE AND INSTRUCTOR INFORMATION

Course title: Principles of Managerial Accounting

Course prefix, number, and section number: ACCT 2302.0500

Semester/Year of course: Fall, 2023

Semester start and end dates: Aug. 28–Dec. 10, 2023

Modality: On campus, in class

Class meeting location, days, and times: TR 9:30-10:50 a.m.--Flower Mound campus, Room 205

Lab meeting location, days, and times: There is no lab for this course.

Semester credit hours: 3

Course description: This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity's accounting system relevant to decisions made by internal managers, as distinguished from information relevant to users who are external to the company. The emphasis is on the identification and assignment of product costs, operational budgeting and planning, cost control, and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.

Managerial accounting increasingly relies on data analytics and machine learning, so your ability to work with spreadsheet programs is required.

Course prerequisites: ACCT2301.

Required course materials: The text is Managerial Accounting. Braun & Tietz, 7^th edition. Be sure you have access to MyLab and Mastering (Pearson). The e-text, several course assignments, and other supplementary materials are delivered through MyLab.

Name of instructor: Richard W. Walker

Office location: Corinth campus, 313

Telephone number: 214-507-4610

E-mail address: rwalker@nctc.edu

Office hours for students: 8:30-9:30 a.m. and 1-2 p.m. Monday through Thursday. I am available all other times and by appointment. Feel free to text/call or send a message via Canvas mail.

SYLLABUS CHANGE DISCLAIMER

The faculty member reserves the right to make changes to this published syllabus if it is in the best interest of the educational development of this class. Any such changes will be announced as soon as possible in person and/or writing.

SUMMARY OF COURSE ASSIGNMENTS

List of graded assignments: Students must successfully complete 12 Homework assignments, four (4) Chapter Quiz assignments and four (4) Unit Exams. All are accessible through MyLab in Course Navigation. Students also will be required to research and author a paper on a topic specific to accounting that will be chosen by the professor. They must complete Learning Outcome Assessments (LOAs), some of which are provided in Connect, others in Canvas. Finally, completion of an Aspire to Be Hired ungraded exercise is required.

Please refer to the Course Assignment Calendar for a schedule of assignments.

The assignments are weighted as follows:

                     Unit Exams                                                       40%

                     Chapter Quizzes                                             25%

                     Homework                                                     15%

                     Research Paper                                              10%

                     Learning Outcome Assessments (LOAs)           5%

                     Attendance                                                        5%

                                                                                               100%

Final grade scale: The standard grade scale will be used in this class.

                                           A = 90-100

                                           B = 80-89

                                           C = 70-79

                                           D = 60-69

                                           F = 0-59

Late work policy: Students may not submit late work without prior approval by the instructor. You also will need documentation. There also is no such thing as extra credit.

SEE CANVAS FOR THE COMPLETE COURSE CALENDAR, OUTLINE, DETAILED DESCRIPTION OF GRADED WORK, AND OTHER RELATED MATERIAL.

COURSE POLICIES

Academic Integrity Policy: I have zero tolerance for academic dishonesty. ZERO! For NCTC requirements, please refer to your student handbook.

Attendance Policy: Regular attendance will be taken in class. Students are expected to be punctual for all classes.

Instructor’s Note: Study after study over many years confirms that the number-one predictor of student success—far more than intelligence—is attendance.

“80% of success is showing up.”—

Broadway composer, Richard Rogers.

Other notables, such as comedian and filmmaker Woody Allen and management guru Tom Peters have added that “the remaining 20% is following up.”

Withdrawal Policy A student may withdraw from a course on or after the official date of record. It is the student’s responsibility to initiate and complete a Withdrawal Request Form.

Last day to withdraw from the course with a “W” is: Nov. 6.

Student Learning Outcomes: After successfully completing this course the student will be able to:

• 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.

CORE CURRICULUM FOUNDATIONAL COMPONENT AREA (For classes in the Core)

      Communication

      Mathematics          

      Life and Physical Science

      Language, Philosophy & Culture

      Creative Arts

      American History

      Government/Political Science

      Social and Behavioral Sciences

      Component Area Option

      Critical Thinking

      Communication

      Empirical and Quantitative

      Teamwork

      Personal Responsibility

      Social Responsibility

√       Academic General Education Course (from ACGM but not in NCTC Core)

       Academic NCTC Core Curriculum Course

       WECM Course

Students are expected to follow all rules and regulations found in the student handbook and published online.

COLLEGE POLICIES