BUKO-D 542
Advanced Managerial Accounting
Indiana University Kokomo
Dr. Steven Cox
Spring 2008

Goals:
This course emphasizes the use of accounting data by managers in directing the affairs of business organizations. Managers need information to carry out three essential functions in an organization: (1) decision making; (2) planning; and (3) controlling activities. In this class students will learn what information is useful, where to obtain the information, and how the information can be structured to aid managers in their planning, control, and decision-making responsibilities.

Goals:

·        Understand alternative cost methods and systems

·        Understand the managerial uses of accounting information

·        Be familiar with managerial decision-making concepts

·        Understand managerial planning (budgeting) and performance analysis

Objectives:

·        Develop a framework for evaluating managerial information systems’ abilities to enhance a firm’s long-term profitability.

·        Develop a framework for utilizing information generated by managerial information systems for tactical and strategic decisions.

·        Evaluate various cost-management systems’ capabilities to guide continuous improvement, cost control, and reengineering efforts.

·        Consider the current and emerging practices in cost management.

·        Evaluate the many methods developed by firms for decentralizing and controlling large organizations.

 

The School of Business Mission Statement:

http://www.iuk.edu/~kobus/Mission.shtml

Grading:

Grading Scale:

Exams:
Unexcused absences will result in zeros on exams.  Exams will be a combination of multiple choice, problems, and short essays.  The first exam will be in class on January 23^rd. The second exam will be in class on February 11^th. The final exam will be in class on February 27^th.       

Presentations:
On January 16^th each student will make a twenty minute presentation. The presentation will be an analysis (ratios, cash flow, etc.) of three publicly traded companies from the same industry. On February 25^th  students will present a twenty minute teaching presentation covering a mutually agreed upon topic. Potential topics for presentation include Sarbanes-Oxley, Lean Production, Six Sigma, and the Balanced Scorecard. Be prepared for questions following each presentation. Emphasis should be placed on effectively communicating the most important findings. Use of multimedia and handouts is encouraged. Each presentation will be worth 50 potential points.    
 

Computer Usage:      
This syllabus is available on my web site and the answers to the assigned problems can be found in the Resources section on Oncourse. IU Kokomo also offers a variety of computer resources for course assignments and projects (e.g., word processing, spreadsheets, presentation software, database management, and statistical analysis packages). 
 

Library Usage:
The IUK library system offers a large number and variety of resources for the student to use in this course.  Examples include current newspapers (Wall Street Journal), magazines (Business Week), databases (ABI Inform), and access to the Internet.

Disability Issues:
Indiana University Kokomo provides equal access and support services to students with special needs.  Students with documented disabilities should contact the University Division (455-9309) and discuss any necessary support services or accommodation with the instructor. 

BUKO-D 542 Class Schedule