NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
COURSE AND INSTRUCTOR INFORMATION
Course title: Financial & Managerial Accounting
Course prefix, number, and section number: ACCT 2302 0310
Semester/Year of course: Fall 2025
Semester start and end dates: August 25, 2025 – December 13, 2025
Modality (Face to face/Synchronous or Asynchronous online/Hybrid):
Class meeting location, days, and times: Online
Lab meeting location, days, and times: NA
Semester credit hours: 3 Hrs.
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 Learning Outcomes:
- Distinguish financial accounting from managerial accounting.
- Classify costs as fixed or variable and calculate total and average cost at different volumes.
- Use account analysis and scatterplots to analyze cost behavior.
- Describe how and why managers use budgets and prepare the operating budgets.
- Understand decentralization and describe different types of responsibility centers.
- Perform a horizontal and vertical analysis of financial statements.
Course prerequisites: Principal of Financial Accounting 2301 series.
Required course materials: Managerial Accounting, 7th edition Braun & Tietz
Check Link for pricing
ACCT 2302 Managerial Accounting Book Information:
https://www.pearson.com/en-us/subject-catalog/p/managerial-accounting/P200000009846
ISBN: 9780135563472
Name of instructor: Walter F. Brooks
Office location: Greenville, TX
Telephone number: 469-222-2382
Email address: wbrooks@nctc.edu
Office hours for students: Tuesday 6pm – 8:30pm Thursday 6pm – 8:30pm
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:
LearnSmart – 10%
QEP – 10%
Homework – 30%
Learning Outcome – 10%
4 Exams – 40%
Totals 100%
A 90% - 100%
B 80% -89%
C 70% - 79%
D 60% - 69%
F 0 – 59%
Late work policy: Late work will only be accepted if students notify me before assignment is due.
COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
WK 1 Introduction to Managerial Accounting - Due Date 8/31
WK 2 Building blocks of Managerial Accounting - Due Date 9/07
WK 3 Job Costing - Due Date - 9/14
WK 4 Departmental Costing – Due Date - 9/21
WK 5 Activity Based Costing – Due Date 9/28
WK 6 Process Costing - Due Date - 10/05
WK 7 Cost-Behavior - Due Date 10/12
WK 8 Breakeven Analysis Due Date - 10/19
WK 9 Cost Volume Profit - Due Date - 10/26
WK 10 Short Term Decisions – Due Date – 11/02
WK 11 Capital Budgeting- Due Date - 11/09
WK 12 Comprehensive Budgets - Due Date 11/16
WK 13 Decentralization Due Date – 11/23
WK 14 Performance Evaluation Due Date 11/30
WK 15 Standard Costs & Variances- Due Date 12/07
WK16 Finals Week - Due Date 12/11
COURSE POLICIES
ATTENDANCE POLICY
Regular and punctual attendance is expected of all students in all classes for which they have registered. All absences are unauthorized unless the student is absent due to illness or emergencies as determined by the instructor. It is the student 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 required work. Students will not be allowed to make up an examination missed due to absence unless they have reasons acceptable and prior approval from the instructor.
A student who is compelled to be absent when a test is given should petition the instructor, in advance, if possible, for permission to postpone the exam. Students will be dropped from a class by the Registrar upon recommendation of the instructor who feels the student has been justifiably absent or tardy a sufficient number of times to preclude meeting the course’s objectives.
Persistent, unjustified 3 absences from classes or laboratories will be considered sufficient cause for college officials to drop a student from the rolls of the College. From Board Policy FC (LOCAL) ONLINE Section Attendance: There are 16 sessions in this semester. Students must attend at least 75% of all sessions to successfully complete this course. Attendance will be taken from discussion forum participation and assignment completion for each class session. Students who miss more than 2 classes will have a 5% penalty assessed to their final grade.
Grade Appeals and Incomplete Grades: Students can read more about the college's grade appeal processes and procedures for assigning incomplete grades by visiting the Academic Catalog: https://www.nctc.edu/catalog/academic-policies/grades-reports/student-grade-appeal.html (Links to an external site.) and https://www.nctc.edu/catalog/academic-policies/grades-reports/incomplete-grades.html (Links to an external site.). Withdrawing from a Course: Students can learn more about the withdraw policy and procedure by http://www.nctc.edu/current-students/drop-withdraw-class.html (Links to an external site.).
Last day to withdraw from a course with a “W” is September 9, 2025.
The last day to withdraw without a “W” is November 3, 2025.
COLLEGE POLICIES
ADA STATEMENT
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.
AI STATEMENT
Absent a clear statement from a course instructor, use of or consultation with generative Artificial Intelligence (AI) or other similar technologies shall be treated analogously to assistance from another person, agency, or entity. In particular, using generative AI tools to substantially complete an assignment or exam is not permitted. Students should acknowledge the use of generative AI (other than incidental use) and default to disclosing such assistance when in doubt.
When students use generative AI to replace the rigorous demands of personal engagement with their coursework, it runs counter to the educational mission of the college and undermines the heart of education itself. Artificial Intelligence, large language models, and other such technologies hold promise for deploying knowledge in service to others and accelerating the discovery of new knowledge. However, such technology poses new challenges to pedagogy and to integrity. Within the context of the teaching mission of the college and consistent with the Student Code of Conduct, the authority to define the appropriate use, study, and deployment of these technologies rests with the faculty.
Individual course instructors, in coordination with their divisions, set policies regulating the use of generative AI tools in their courses, including allowing or disallowing some or all uses of such tools. Course instructors will set such policies in their course syllabi and clearly communicate such policies to students. Students who are unsure of policies regarding generative AI tools are encouraged to ask their instructors for clarification.
Prohibited
This course assumes that all work submitted by students will be generated by the students themselves, working individually or in groups. Students should not have another person/entity do the writing of any substantive portion of an assignment for them, which includes hiring a person or a company to write assignments and using artificial intelligence tools
STUDENT HANDBOOK
Students are expected to follow all rules and regulations found in the Student Handbook.
STUDENT SERVICES
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: Suit: 170, Office 172
Telephone number: 940-498-6263
E-mail address: tlaman@nctc.edu
Name of Instructional Dean: Debbie Huffman
Office location: Gainesville CTC 2106
Telephone number: 940-668-3357
E-mail address: dhuffman@nctc.edu