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Russell Simmons

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TEXAS WOMAN’S UNIVERSITY
SYLLABUS (v. 2014 02 05)

Semester: Spring 2 | Year: 2014 | Course Prefix: BUS | Course Number: 5433.62 | Course Title: Managerial Accounting | Course Description and Overview:The success of all business organizations requires the use of accounting concepts and practices. Accounting provides key data to managers for planning and controlling as well as for costing products, services and customers. In order to be an effective manager, one must understand the basics of both financial and managerial accounting. This course is designed to help the manager better understand the basics of financial statements and how managers use accounting data to plan, control and make decisions.Per TWU Graduate Catalog 2012-2014: Use of accounting information in decision-making; statement of changes in financial position; budgets, responsibility accounting, and quantitative techniques. Three lecture hours a week. Credit: Three hours. http://www.twu.edu/gradschool/graduate-catalog.aspSee TWU Web Advisor for officially published Location and Dates for this course: Click on the "Class Schedules" link found at the TWU Home page. Then at the bottom click on “Search for Classes”. Then enter the identification information for this class. Click “Submit”. Official Location & Meeting dates are found printed in Red Ink there. |

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Meets Core Curriculum Requirements

Faculty Contact Information:

Name of Instructor: Michael Kinman, MBA, CPA | Office Location: TWU Houston Center – Lobby | Office Phone Number: 713-443-0798 [Phone calls only – No Texting] | Office Hours: Open: Individually Scheduled as Needed | Email Address: mkinman@twu.edu [Use TWU Email – Not Blackboard Messaging] | Contact Information: TWU Email |

Goals and Outcomes:

Upon successful completion of this course, students will be able to: * Describe the structure and content of financial statements. * Use managerial accounting tools to make decisions.Each of the above student learning outcomes must be performed at an appropriate level as stated in each course assignment requirements, grading scale or rubric. |

Course Materials and Supplies:

Course Materials:A. Online Documents & Assessments Found at the Online Textbook WebsiteB. Supplemental Handouts Periodically Published in Blackboard by the Instructor | Readings On-Line e-Textbook: Baker, Pamela Smith (2014). Accounting Essentials for Managers (4th Edition). Richardson, TX: Electec Press. (ISBN 9780966804959) - Available Only On-Line On-Line Materials: Access to Both the e-Textbook and Online Materials May Be Purchased When the Course Is Made Available Online - Usually Three (3) Weeks before the Class Starts.1. Go to the following URL: https://electecpress.digitalchalk.com 2. Select “New Account” and follow the instructions to create Login ID & Password. The ID and Password that you create will be your Harmony login data. You may change your password at any time after login. 3. When at the Harmony site, click on “Catalog” at the top of the page. 4. Several courses will appear in the Catalog, so carefully choose the correct course identified by the Instructor and Course Number as found on Page 1 of this Syllabus.If you choose the wrong Harmony Course from the Harmony Catalog, then the professor of the wrong course will have you removed from their course and additional fees may result to afterwards have you registered for the correct course. 5. Purchase access to the course materials using a credit card. Then access the materials by logging in and clicking on the colored rectangle for your class. 6. Note: Registration in this Harmony Course CLOSES six days after first class day. 7. Access to the class on Harmony gives you the following data: a. e-Textbook & Printable Text b. Example Financial Statements c. Recorded Lectures with Power Points d. Practice Problems with Solutions e. Required Online Quizzes8. The Chapters and related documents will appear in Harmony for this Course only on an As-Needed Basis per a schedule determined by the Accounting Department of the School of Management. | Supplies: For In-Class Quizzes Use A Basic-Function Nonprogrammable Calculator. |

Prerequisites Courses or Conditions:

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No specific EMBA courses are required as prerequisites to the BUS5433 Managerial Accounting Course. However, it is recommended that have completed both BUS 2043 and BUS 2053 or their equivalents prior to taking this course.
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It is also assumed that the EMBA student has met or otherwise accommodated all EMBA Program Prerequisites before taking this course.
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------------------------------------------------- A. Per the TWU School of Management Executive MBA Program Website:
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The Executive MBA (EMBA) is designed for professionals with a minimum of 5-years work experience.
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------------------------------------------------- http://www.twu.edu/som/emba.asp
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------------------------------------------------- B. Per the “EMBA Information Packet” Link:
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Five years of managerial experience is required.
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------------------------------------------------- http://www.twu.edu/downloads/som/EMBA_Prospect_packets-_Edited_02.22.2012.pdf
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C. It is highly recommended that this course be taken in the suggested order of courses as described in the Recommended Course Rotation found on the TWU School of Management Executive MBA Program Website: Taken in the Second Semester.
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Without The Above Items Satisfied The Student Will Need To Devote Much More Study And Practice Time To Successfully Learn This Course’s Material
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Disability Support Policy Statement:

If you anticipate the need for reasonable accommodations to meet the requirements of this course, you must register with the office of Disability Support Services (CFO 106, 940-898-3835, dss@twu.edu ) in order to obtain the required official notification of your accommodation needs. Please plan to meet with me by appointment or during office hours to discuss approved accommodations and how my course requirements and activities may impact your ability to fully participate.

Academic Integrity:

Honesty in completing assignments is essential to the mission of the University and to the development of the personal integrity of students. In submitting graded assignments, students affirm that they have neither given nor received unauthorized assistance, and that they have abided by all other provisions of the Code of Conduct in the TWU Student Handbook. Cheating, plagiarism, fabrication or other kinds of academic dishonesty will not be tolerated and will result in appropriate sanctions that may include failing an assignment, failing the class, or being suspended or expelled. Suspected cases in this course may be reported to Student Life. The specific disciplinary process for academic dishonesty is found in the TWU Student Handbook. The TWU library link, “Avoiding Plagiarism,” will aid students in completing their assignments with integrity.

In an effort to ensure the integrity of the academic process, Texas Woman’s University vigorously affirms the importance of academic honesty as defined by the Student Handbook. Therefore, in an effort to detect and prevent plagiarism, faculty members at Texas Woman’s University may now use a tool called Turnitin to compare a student’s work with multiple sources. It then reports a percentage of similarity and provides links to those specific sources. The tool itself does not determine whether or not a paper has been plagiarized. Instead, that judgment must be made by the individual faculty member. All required assignments in this course may be checked for plagiarism using Turnitin.com

Activities, Assignments, and Grading Policy:

A. 150 points: In-Class Attendance & Participation (Days 1, 2, 3)B. 150 points: In-Class “Closed-Book” Quiz on Day 2C. 150 points: In-Class “Closed-Book” Quiz on Day 3D. 150 points: Online Graded Quizzes (during the Course)E. 15 points: Online Bonus Quiz - Due End of Monday After Day 3F. Non-Graded Study of Textbook, Recorded Lectures, & Online Practice ProblemsG. Non-Graded Study of Supplemental Handouts Published in Blackboard |

GRADING

The following 100 Point Equivalent grading scale will be used:

POINT VALUE | GRADE | 90-100 points | A | 80-89.99 | B | 70-79.99 | C | 60-69.99 | D | Below 60 | F |

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COURSE POINTS GRADING
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------------------------------------------------- In-Class Attendance & Participation 150 points 25 %
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In-Class Quiz on Day 2 150 points 25 %
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In-Class Quiz on Day 3 150 points 25 %
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Online Graded Quizzes 150 points 25 %
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------------------------------------------------- Total 100% Points 600 points 100 %
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------------------------------------------------- + Online Bonus Quiz (Due End of Monday after Day 3) (15 Bonus Points Possible)
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------------------------------------------------- Letter: (< 360 F) (360 - 419.99 D) (420 – 479.99 C) (480 - 539.99 B) (540 - 600 A)
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GRADING RUBRIC FOR STUDENT LEARNING OUTCOMES | Criteria | 1 (Unsatisfactory) | 2 (Emerging) | 3 (Proficient) | 4 (Exemplary) | Students will be able to describe the content and structure of financial statements. | Students cannot demonstrate an understanding of these issues. | Students can demonstrate an understanding of some of these issues. | Students can demonstrate an understanding of most of these issues. | Students can demonstrate an understanding of all of these issues. | Students will be able to use managerial accounting tools to make decisions. | Students cannot demonstrate an understanding of these issues. | Students can demonstrate an understanding of some of these issues. | Students can demonstrate an understanding of most of these issues. | Students can demonstrate an understanding of all of these issues. |

Major Course Assignments and Examinations:

A. In-Class Attendance & Participation (150 points) 01. Day 1 In-Class Attendance & Participation [50 Points]Measurable Student Learning Outcome:Describe the structure and content of financial statements. 02. Day 2 In-Class Attendance & Participation [50 Points]Measurable Student Learning Outcome:Use managerial accounting tools to make decisions. 03. Day 3 In-Class Attendance & Participation [50 Points]Measurable Student Learning Outcome:Use managerial accounting tools to make decisions. B. In-Class Quiz on Day 2 “Closed Book” - Day 1 Material [150 Points]Measurable Student Learning Outcome:Describe the structure and content of financial statements. C. In-Class Quiz on Day 3 “Closed Book” - Day 2 Material [150 Points]Measurable Student Learning Outcome:Use managerial accounting tools to make decisions. D. Online Graded Quizzes [150 Points]a. Three (3) Attempt Submissions are allowed for each Online Quizb. An 80% overall grade for Each Set of Two Quizzes is required to receive a maximum grade for Each Set. Anything less will be averaged for each set.Set # 1 = Online Quiz #1 (Topic 1) And Online Quiz #2 (Topics 2,3)Due by 09:00 AM on Class Day 2 [75 Points for full Set #1]Measurable Student Learning Outcome:Describe the structure and content of financial statements.Set # 2 = Online Quiz # 3 (Topic 10) And Online Quiz # 3 (Topic 11)Due by 09:00 AM on Class Day 3 [75 Points for full Set #2]Measurable Student Learning Outcome:Use managerial accounting tools to make decisions. E. Online Bonus Quiz - Day 3 Material (Made Available In Harmony after Class Day 3)Due End of Monday After Day 3 [15 Bonus Points]Measurable Student Learning Outcome:Use managerial accounting tools to make decisions.F. Harmony Online Materials & Supplemental Handouts Published in Blackboard | |
TWU Attendance Policy:

Consistent and attentive attendance is vital to academic success, and is expected of all students. Grades are determined by academic performance, and instructors may give students written notice that attendance related to specific classroom activities is required and will constitute a specific percentage of students' grades.

Instructors are strongly encouraged to keep a record of student attendance. They should note absences due to documented student illness, serious illness or death in the student's immediate family, pregnancy or related conditions, official school activity, state-recognized religious holiday, active military service that is of a reasonable brief duration, or other verified absences deemed appropriate by the instructor. Students must consult with instructors regarding the completion of make-up work.

Absences do not exempt students from academic requirements. Excessive absences, even if documented, may result in a student failing the course. An incomplete may be granted if the student has a passing grade, but only if the instructor determines that it is feasible for the student to successfully complete remaining assignments after the semester. Pursuant to university policy, such determinations are within the discretion of the instructor.

Absence reasons described in Paragraph 2 above in order to be “verified” will need to be verified by Student Life.

Calendar of Classes, Sessions, Activities, Readings, Examinations & Assignments:

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1. -------------------------------------------------
This is a highly labor-intensive technical course of both In-Class and Off-Campus activities which are required to learn the material.
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2. -------------------------------------------------
Carefully Pre-consider Your Personal Schedule in Relation to this Course’s Workload.
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3. -------------------------------------------------
Accounting is One Building Block upon Another.
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If You Show Up Late You Will Probably Be Quickly Lost.
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A variety of assignments and learning approaches are intended to help you develop an understanding of basic accounting information and its uses. Classes will include lectures, examples, question and answer sessions, demonstration problems, and practice problems. There will be online and in-class quizzes, online reading and lectures, attendance and participation. The in-class discussion each day is prepared with the assumption that you have read the information about the subject for the day, watched the required lectures and are prepared for work on the material. We will cover designated material in class; students must cover other materials with readings and online lectures and practice.

01. Prior to Class Day 1: Study Topics 01 through 09

* Online Textbook, Recorded Lectures with Power Points, and Practice Problems * Supplemental Handouts Study Published In Blackboard before Class Day 1

02. Class Day 1: In-Class Attendance & Participation

09:00 - 09:30 Syllabus Requirements for Success 09:30 - 10:15 Accounting Information System, Internal Control & Related Ethics 10:15 - 10:30 Fifteen (15) Minute Break 10:30 - 12:00 Balance Sheet, Earnings Statement, Statement of Changes in Equity 12:00 - 01:00 One (1) Hour Lunch Break

01:00 - 02:15 Statement of Cash Flows 02:15 - 02:30 Fifteen (15) Minute Break 02:30 - 04:00 Financial Statement Analysis

03. Prior to Class Day 2: Study Topics 10 through 14

* Online Textbook, Recorded Lectures with Power Points, and Practice Problems * Supplemental Handouts Study Published In Blackboard before Class Day 2 * (Also: Required Online Quizzes Topics 1 And 2,3 - Due by 09:00 AM Class Day 2)

04. Class Day 2: In-Class Attendance & Participation and In-Class Quiz

09:00 - 10:15 Cost Accounting Systems 10:15 - 10:30 Fifteen (15) Minute Break

------------------------------------------------- 10:30 - 11:30 In-Class Quiz
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------------------------------------------------- “Closed Book” Covers Day 1 Material 25 Questions * 6 Points = 150 Points
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The student’s table area on which the student takes the Quiz may have on it only the student’s pen or pencil, a basic Non-programmable calculator, and clear water in a transparent container – nothing else.
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------------------------------------------------- 11:30 - 12:00 Post Quiz Review
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The student’s table area on which the student observes the Post Quiz Review may have on it only the student’s clear water in a transparent container - nothing else.

12:00 - 01:00 Lunch Break

01:00 - 02:15 Cost Terminology & Behavior 02:15 - 02:30 Fifteen (15) Minute Break

02:30 - 04:00 Cost \ Volume \ Profit Analysis

05. Prior to Class Day 3: Study Topics 15 through 18

* Online Textbook, Recorded Lectures with Power Points, and Practice Problems * Supplemental Handouts Study Published In Blackboard before Class Day 3 * (Also: Required Online Quizzes Topics 10 And 11 - Due by 09:00 AM Class Day 3)

06. Class Day 3: In-Class Attendance & Participation and In-Class Quiz

Planned Day 3 Schedule

09:00 - 10:15 Relevant Analysis in Decision Making 10:15 - 10:30 Fifteen (15) Minute Break

------------------------------------------------- 10:30 - 11:30 In-Class Quiz
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------------------------------------------------- “Closed Book” Covers Day 2 Material 25 Questions * 6 Points = 150 Points
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-------------------------------------------------
The student’s table area on which the student takes the Quiz may have on it only the student’s pen or pencil, a basic Non-programmable calculator, and clear water in a transparent container.
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11:30 - 12:00 Post Quiz Review
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The student’s table area on which the student observes the Post Quiz Review may have on it only the student’s clear water in a transparent container – nothing else.

12:00 - 01:00 Lunch Break

01:00 - 02:15 Budgeting, Flexible Budgeting, Variance Analysis 02:15 - 02:30 Fifteen (15) Minute Break

02:30 - 04:00 Capstone Financials & Capital Budgeting

------------------------------------------------- ------------------------------------------------- 07. Day 3 Material Online Bonus Quiz (Made Available In Harmony after Class Day 3)
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Due by End of Monday after Day 3
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OTHER REQUIRMENTS:

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Successful Activities for Learning in any Course
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* -------------------------------------------------
Textbook Study * -------------------------------------------------
Supplemental Handouts Study * -------------------------------------------------
Online Lectures, Quizzes, Problems, and Internet Study * -------------------------------------------------
In-Class Attendance & Participation * -------------------------------------------------
In-Class Quizzes & Post-Quiz Reviews * -------------------------------------------------
Study Groups * -------------------------------------------------
Your Own Personal Self-Motivated & Self-Directed Research & Discovery
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APA Format
The official form and style format for the School of Management is APA. All written assignments must use appropriate APA format for citations, references, and other aspects of form and style.

Syllabus Subject to Change
The data provided in this document is for information and planning only. The dates are subject to change based on the material covered and unexpected circumstances that require changing the schedule.

Internet and Email
All students are expected to have access to the Internet and have TWU email addresses. Note that you can contact other students in the class using Blackboard email (but not Blackboard Messaging). BE SURE that you regularly check your TWU email address or have it forwarded to your regular email address.

Cell Phone Policy
Classroom disruption by cell phones and paging devices is prohibited. A student facing the possibility of receiving emergency calls may leave the device on silent or vibrate mode during class if he/she has previously informed the professor. Otherwise, all cell phones and pagers must be turned off at the beginning of class. Routine work-related calls or personal calls from friends are not considered emergencies. Repeated violation of this policy is subject to dismissal or failure in the course.

Electronic devices utilized in a learning context, such as laptops and language interpreters, may be permitted at the professor’s discretion. A student may face a zero and/or failure in the class if an electronic device is used for cheating during a test.

Examination Policy
Students are expected to take the course Examinations at the dates & times stated in the published course schedule.

Grades Posting

Students can check their grades online when posted in Blackboard via Blackboard Tools “My Grades”. Commencing the day that the grades are posted students have the lesser of one week or the deadline for final grade posting in Pioneer Portal to discuss with the professor potential questions about their grades. After this time, documents are subject to recycling and grades stand without question. Makeup Quizzes or late assignments (if any) will be graded as the professor has time.

Each faculty member has the right to post or not post final course grades for each class on Blackboard. Final course grades provided to a student by a faculty member may not be relied upon as official. Students may only access their official final grades via the Registrar’s Office online. According to FERPA, faculty may not provide final grade information to students via telephone, email, posting or any other source which might compromise student confidentiality.

Code of Conduct

By taking this course, you are subject to the TWU Code of Conduct. You agree that you will do all of your own work, write and take responsibility for your own papers, take all of your own Quizzes, never cheat, never plagiarize or turn in anything created in a dishonest manner. You also agree to respect all TWU rules and property.

Anyone who violates the Code of Conduct will be subject to harsh sanctions including but not limited to receiving an F in the course and expulsion from the University. If there are any specific application questions about the Code of Conduct, it is the student’s responsibility to ask the professor or appropriate TWU staff for clarification.

Every graduate student is expected to comply with the Code of Conduct and discipline policies of the University. Every student should obtain from the Student Life Office on their campus a copy of the “Student Handbook” which sets forth the official policies governing all student conduct at TWU. The Code of Conduct clearly stipulates a student’s rights in the event he or she is charged with misconduct or some violation of the University’s regulations.

ALSO SEE THE “TWU ACCOUNTING CLASSES CODE OF CIVILITY” BELOW

TWU Accounting Classes Code of Civility

~ Published by the Accounting Branch of the TWU School of Management to be followed by all participants in the TWU Accounting Classes.

Students are expected to abide by this code during class and in working with TWU professors, staff and other class members. If students do not abide by this code, they will be asked to leave the classroom and, in extreme cases, they will be referred to Student Life for further sanctions.

Respect
Treat all faculty, students and staff with respect and in a professional and courteous manner at all times, whether in person, over the phone or in written communication.

Kindness
Refrain from using any form of insult or other disparaging remark.

Truth
Cite only the truth, and never knowingly misrepresent, mischaracterize, or misquote information received from others.

Responsibility
Take responsibility for your own actions, obligations and performance; do not blame others.

Cooperation
Work together with other students, faculty, and staff in a spirit of cooperation toward our common goals of seeking and providing a quality education.

Privacy
Respect and uphold the right to privacy, and do not talk about others in any negative way.

Nondiscrimination
Respect different ideas and opinions, and reject bigotry in any form. Foster an environment that enables honest and open communication, free from harassment and intimidation, where alternative points of view are treated with consideration and the diversity of our academic community is appreciated.

Professionalism
Complete your work in a timely, complete and thoughtful manner. Read all Topics; work diligently on all assignments. Do your best.

Required Classroom Environment Boundaries

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The Following Classroom Environment Boundaries Support The Following Outcomes:
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* ------------------------------------------------- Deterrence of cyber-stalking, cyber-bullying, and related forms of intimidation and harassment of students and employees.
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* ------------------------------------------------- Restriction of the delivery of TWU resources and intellectual property to only properly enrolled class members.
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* ------------------------------------------------- Protection of the privacy, security, and safety of both students and employees and their property and all individual and collective rights related to the same.
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Depending on individual circumstances, disrespect of these protocols is subject to adverse consequences including grade impacts and legal liabilities.
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01. Audio &/or Video &/or Photo capture inside or outside of the classroom on TWU property of any person or their property must have that person’s prior permission.

Audio &/or Video &/or Photo capture of any person or their property without that person’s prior permission is not allowed anywhere at TWU at any time: Not before nor during nor after class, nor on breaks, nor during lunch either - Not at any time at TWU unless that person has given their prior permission.

Photo eyes on laptops must be covered. “Google Glasses” and other types of insidious and/or conspicuous surveillance devices are strictly prohibited period.

02. Phone devices during classroom instruction: Must be off or on vibrate while inside the classroom and calls responded to only outside of the classroom during classroom instruction.

03. The Classroom doors are not locked during the Class Day – You will probably want to protect your personal property in deference to this condition.

04. HOUSTON CAMPUS: Clear Water in a transparent container is the only refreshment allowed at any time inside the classroom.

No chewing gum, no snacks, no soda. Only clear water in a transparent container.

No other refreshment is allowed inside the classroom at any time: Not before nor during nor after class, nor on breaks, nor during lunch either.

INSTRUCTOR BIO

Michael Kinman, MBA, CPA Education
MBA University of Houston (Central Campus)
BBA (Accounting major) The University of Texas at El Paso
Certified Public Accountant - Texas Teaching Experience
January 2007 - present Adjunct Faculty, Texas Woman's University Business Experience
30+ years of professional business experience including administrative level and project management over accounting information systems and hands-on work in General Accounting, Financial Reporting, General Budgeting, Account Reconciliations, Project Management, Capital Budgeting, Job Order Cost Accounting, Materials Management, and Training & Development. Industry Experience & Roles
Industry experience includes Healthcare, Retail, and Construction industries in various roles as a Purchasing Agent, Staff Accountant, Accounting Manager, Controller, and Director of Administrative And Financial Systems.

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