Indiana University Kokomo
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Steven R. Cox, Ph.D.

BUKO-D 542
Advanced Managerial Accounting
Indiana University Kokomo
Dr. Steven Cox
Spring 2010

COURSE SYLLABUS (Print Friendly Version)

Time:

Mondays and Wednesdays  5:30 – 8:15 (January 11 – March 3)

Room:

KO 281

Office Hours:

4:00 – 5:15, Mondays and Wednesdays (and by appointment or walk-in)

Office:

KO 174J

Office Phone:

(765) 455-9314 

Mobile Phone:

(317) 696-0571 

E-mail:

scox@iuk.edu 

Web Page:

http://www.iuk.edu/~bussrc/

Required Text:

Garrison, Noreen, and Brewer, Managerial Accounting, 12th Edition

Course 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.

Objectives:

         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

         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:

Exam 1

100 pts

Exam 2

100 pts

Exam 3

100 pts

Presentation/Executive Summary

50 pts

Total Points

350 pts


Grading Scale:

 

96% - 100%

A+

90% - 96%

A

89% - 90%

A-

86% - 89%

B+

80% - 86%

B

79% - 80%

B-

76% - 79%

C+

70% - 76%

C

69% - 70%

C-

66% - 69%

D+

60% - 66%

D

59% - 60%

D-

Below 59%

F

 

 

 

 

Exams:
Unexcused absences will result in zeros on exams. The first exam will be on January 27th. The second exam will be on February 17th. The final exam will be on March 3rd.

Presentation/Executive Summary:
On February 8th, students working (and graded) individually, but presenting in groups, will make a coordinated thirty-minute presentation. The presentation will be a three-year analysis (ratios, cash flow, etc.) of three publicly traded companies from the same industry. Each student will be responsible for assessing the health and prospects of one firm. Special attention should be placed on trends and the impact of the recent financial crisis. A three page executive summary of each student’s findings is also due on February 8. This presentation is worth 25 points and the executive summary is worth 25 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 Career Services Office (455-9301) to discuss any necessary support services or accommodation with the instructor. 

Class Schedule:

Chap

Topic

Problems

Date

15

Statement of Cash Flows

10, 14, 16      

Jan 11

16

Financial Statement Analysis

1, 2, 3, 4, 5

Jan 13

No Class: MLK Day

Jan 18

16

Financial Statement Analysis (continued)

14, 15, 19, Handouts

Jan 20

2, 2A

Cost Terms, Concepts, Etc.

11,12, 22, 25

Jan 25

 Exam 1

Jan 27

3

 Job-Order Costing

1, 23, 25, Handouts

Feb 1

Work in groups to coordinate presentations

Feb 3

Presentations/Paper (Financial Statement Analysis)

Feb 8

8

Activity Based Costing 

7, 9, 30

Feb 10

4, 4A

Process Costing

11, 12, 14, 15

5

Cost Behavior: Analysis and Use

6, 7, Excel demonstration

Feb 15

 

6

Cost-Volume-Profit Relationships

11, 18, 19, 21

7

Variable Costing

5, 6, 8, 13, 15

Exam 2

Feb 17

10

Standard Costs

9, 10, 11, 12, 14, 17, 19

Feb 22

11

Flexible Budgets and Overhead Analysis

10, 11, 15, 20

12, 12A

Segment Reporting and Decentralization

6, 11, 13, 24, 28

Feb 24

13

Relevant Costs for Decision Making

1, 2, 3, 4, 5, 6, 16, 18

Mar 1

Appendix A

Pricing Products and Services

1, 2, 3

Final Exam

Mar 3