NORTH CENTRAL TEXAS COLLEGE
COURSE AND INSTRUCTOR INFORMATION
Course title: Principles of Managerial Accounting
Course prefix, number, and section number: ACCT 2302-500
Semester/Year of course: Spring 2024
Semester start and end dates: 01/16/2024 - 05/11/2024
Modality (Face to face/Synchronous or Asynchronous online/Hybrid): Face to face
Class meeting location, days, and times: Flower Mound Campus Room 206, TTR 11:00 am – 12:20 pm
Lab meeting location, days, and times: Not Applicable
Course description: This course is a study of the use of managerial accounting concepts and techniques used in business decision making.
Course prerequisites: ACCT 2301
Required course materials:
Name of instructor: Saphron Torres
Office location: Flower Mound
Telephone number: E-mail & Canvas Communication Only
Office hours for students: Thursdays 12:30pm-2:30pm in the Flower Mound campus library. All other times are to be set by appointment via NCTC E-mail or 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:
Chapter Homework – 35% of the total grade
Discussion Forums, Activities, and Learning Outcomes – 20% of the total grade
Unit Exams – 40% of the total grade
Late work policy: Late work is accepted for Homework and Learning Outcomes. Late work is not accepted for Exams or Discussion Posts.
SEE CANVAS FOR THE COMPLETE COURSE CALENDAR, COURSE POLICIES, DETAILED DESCRIPTION OF GRADED WORK, AND OTHER RELATED MATERIAL.
Academic Integrity Policy: Scholastic dishonesty shall include, but is not limited to cheating, plagiarism, academic falsification, intellectual property dishonesty, academic dishonesty facilitation and collusion. Faculty members may document and bring charges against a student who is engaged in or is suspected to be engaged in academic dishonesty. See Student Handbook, “Student Rights & Responsibilities: Student Conduct”.
*THIS INCLUDES BUT IS NOT LIMITED TO THE USE OF AI ENGINES, SUCH AS GPT CHAT, IN ORDER TO CHEAT OR PLAGERIZE.
Please refer to the student handbook on consequences for academic dishonesty.
Attendance Policy: Attendance will be taken at every class meeting. Regular and punctual attendance is expected of all. All absences are considered to be unauthorized unless the student is absent due to illness or emergencies as determined by the instructor. It is the student's responsibility to provide documentation as to the emergency for approval and judgement by the faculty member. Approved college sponsored activities are the only absences for which a student should not be held liable and only when provided by a college official ahead of the absence. Valid reasons for absence, however, do not relieve the student of the responsibility for making up the required work.
Non-attendance may impact your Financial Aid.
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: April 1st, 2024.
Student Learning Outcomes:
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Use basic accounting terminology and the assumptions, principles, and constraints of the accounting environment.
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Identify the difference between accrual and cash basis accounting.
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Analyze and record business events in accordance with U.S. generally accepted accounting principles (GAAP).
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Prepare adjusting entries and close the general ledger.
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Prepare financial statements in an appropriate U.S. GAAP format, including the following: income statement, balance sheet, statement of cash flows, and statement of shareholders’ equity.
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Analyze and interpret financial statements using financial analysis techniques.
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Describe the conceptual differences between International Financial Reporting Standards and U.S. generally accepted accounting principles
Core Objectives: Not Applicable. Academic General Education Course (from ACGM but not in NCTC Core).
Students are expected to follow all rules and regulations found in the Student Handbook.
NCTC will adhere to all applicable federal, state and local laws, regulations and guidelines with respect to providing reasonable accommodations to afford equal educational opportunity. It is the student’s responsibility to contact the Office for Students with Disabilities to arrange appropriate accommodations. See the OSD Syllabus Addendum.
NCTC provides a multitude of services and resources to support students. See the Student Services Syllabus Addendum for a listing of those departments and links to their sites.
QUESTIONS, CONCERNS, or COMPLAINTS
The student should contact the instructor to deal with any questions, concerns, or complaints specific to the class. If the student and faculty are not able to resolve the issue, the student may contact the chair or coordinator of the division. If the student remains unsatisfied, the student may proceed to contact the instructional dean.
Name of Chair/Coordinator: Teresa Laman
Office location: Corinth Campus, Suite 170 RM 172
Telephone number: 940-498-6263
Name of Instructional Dean: Debbie Huffman
Office location: Gainesville
Telephone number: 940-668-3357