Course Number (including Section) and Course Name



Stevens Institute of Technology

Howe School of Technology Management

Syllabus

BT 215 Managerial Accounting

|Spring 2014 | |

|Prof. William Stahlin |Office Hours: |

|Babbio 4th Floor |Hours by Appointment |

|201 216 8022 | |

|wstahlin@stevens.edu | |

Overview

|This course deals with the methods and principles of managerial accounting. It is concerned with the use of accounting data by |

|individuals within a business in order to enhance managerial decision-making and control. |

|Topics covered include cost estimation and management, cost accounting systems, cost allocation, decision analysis, budgets, |

|variances, and responsibility accounting. Additionally, the cash flow statement and financial statement analysis will be explored. |

|Prerequisites: BT 200. |

Relationship of Course to Rest of Curriculum

|This course will help you understand and appreciate the role accounting plays in making informed management decisions. Cost volume |

|profit and product costing decisions affect marketing and pricing decisions. Cash flow analysis is useful in finance. Budgeting |

|will help you to prepare proforma financial statements for business plans. |

Learning Goals

|After successfully completing this course, the student will be able to: | |

| | |

|Distinguish between product and period costs and prepare a cost of goods manufactured statement | |

|Identify the three elements of manufacturing cost, compute overhead rates and allocate overhead | |

|Prepare a process costing production report | |

|Determine the sales volume to earn a desired level of operating income | |

|Use incremental analysis in making such as special orders or outsourcing | |

|Prepare a master budget and supporting schedules | |

Pedagogy

|The course will employ lectures, class discussion, in-class individual assignments, and review of homework assignments. There will |

|be approximately 5 quizzes (the lowest quiz score will be dropped and there are no make ups for missed quizzes) and two exams. The |

|second exam will be comprehensive. |

Required Texts

|Horngren’s Accounting, 10th edition, Nobles, Mattison and Matsumura, 2014 and MyAccounting Lab |

MyAccounting Lab Registration

We will again use MyAccountingLab as a supplemental resource. Selected homework assignments are to be submitted through MyAccountingLab.

For those students who took BT 200 in Fall 2013, there is no additional fee to register. It is important to use your login ID from last semester.

You should go through your Pearson Account Profile to enroll. You do not need to use a new access code or make a payment.

1. Go to and sign in.

1. Under the list of MyLab & Mastering products, click Enroll in a Course.

Enter the course ID - stahlin33142 and confirm the course information.

If you are prompted to provide an access code or purchase course access, contact the instructor.

Click Enter Course Now to start using the new course.

Homework submissions

Due dates for assignments are indicated on MyAccountingLab. Timely submission is important to reinforce what is learned in class and to minimize falling behind. For those who enjoy working with MyAccountingLab, all in-class problems will also be available on the web. These problems will be the same as those in the text and do not need to be submitted.

Grading Requirements

|Assignment |Grade % |

|Homework, in-class participation, assignments and attendance |15%; |

|Quizzes |15%; |

|Exam1 |30% |

|Final Exam |40% |

|Total Grade |100% |

Ethical Conduct

All students in my classes are expected to adhere to ethical student conduct and to honor the value of academic integrity. The following is adapted from Stevens catalogues.

“Academic integrity means maintaining honesty and fair play in all aspects of academic life at Stevens. Any situation in which a student has an unfair advantage over a classmate(s) constitutes a violation of academic integrity. "Cheating during in-class tests or take-home examinations or homework is, of course, illegal and immoral.

Violations of academic integrity include, but are not limited to, cheating on homework, during in-class or take home examinations and plagiarism.

Tolerance of academic dishonesty is a violation of the Stevens Honor System; a student who is aware that the academic integrity of the Institute is being compromised and neglects to report this is guilty of an Honor System infraction. The pledge (“I pledge my honor that I have abided by the Stevens Honor System.") signifies that the work submitted by a student is indeed his/her own. The pledge shall be written on all quizzes and exams in this course.

| | BT 215 Assignments | | |

|Chap. |Title |In Class Exercises & Problems | MyAccountingLab |

| | | | Assignments |

| | | | |

|17 | Financial Statement Analysis | |

| | | | |

|18 | Intro to Managerial Accounting |4, 5, 6, 7, 8, 9, 10, 11, 12, 22 | 14, 20, 21, 23, 25, 31, 32 |

| | Job Costing | 4, 7, 9, 10, 12, 13, 14, 19, | 1, 21, 22, 23, 26, 27, 33 |

|19 | | | |

| | |20, 25, 28 | |

| | Activity Based Costing |2, 3, 4, 5, 6, 7, 8, 9, 10, | 15 16, 21, 33, 40 |

|20 | | | |

| | |17, 18, 19, 23, 24. 25 | |

| | Cost-Volume-Profit Analysis |1, 3, 4, 5, 6, 7, 14, 15, 16, | 2, 8, 9, 1 , 11, 13, 25, 30 |

|21 | | | |

| | |26, 27, 36, 37 |30, 39, 40, 49, 50 |

| |EXAM 1 - 17, 18, 19, 20, 21 | | |

| | | | |

| |22 The Master Budget |3, 4, 5, 6, 7, 8, 9, 10, 11, |12, 13, 23, 27, 35, 41 |

| | |36, 42 | |

|23 | Flexible Budgets and Standard Costs |2, 3, 6, 7, 8, 9, 15, 33 |11, 16, 26, 28, 29 |

| | | | |

|24 |Cost Allocation and Responsibility | 1, 2, 3, 10, 11, 13, 22, 27 |7, 15, 16, 17, 26, 32 |

| |Accounting | | |

| 25 Short | | |18, 19, 20, 21, 22 |

|Term | | | |

|Business | | | |

|Decisions | | | |

| | | | |

|26 | | | |

| | | | |

| | | | |

| | |14, 18, 20 | |

|1, 4, 6, 7, 8, 9, 10, 11, 13, |21, 23, 25, 26 |

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