SYLLABUS FOR ACCOUNTING FOR MANAGERS

 

 

Term: Spring, 2005 (04-2) January 10 - April 23 2005

Course Number: BUS 300A

Instructor: Mr. George Grzesiowski MBA/CPA

                   Assistant Professor, Accounting & Management

                   Program Director, Business Programs

Office:  Room #516

Office Phone:  (219) 473-4283

E-mail:  ggrzesiowski@ccsj.edu

Home Phone: (219)362-1696  

Home E-mail:  grzz@csinet.net

CELL:  (219) 716-5002

 

Office Hours

Day

Times

Monday

10:30 – 1:30 PM

3:30 – 7:00 PM

Tuesday

10:30 AM – 11:00 AM

Wednesday

12:00 – 5:00PM

1:30 – 3:30 (meetings)

Thursday

10:30 – 1:30 PM

Friday

10:30 AM – 11:00AM

 

Course Time: Tuesday and Friday 8:50 a.m. – 10:20 p.m.

 

Course Description:

This course is designed to explain how accounting data can be interpreted and used by managers in making decisions.  This course may not be taken by Accounting majors to meet major requirements.

 

Prerequisites: MTH 160 or MTH 103

 

Textbooks:  Survey of Accounting, Carl Warren, 2nd ed. Thjomson/South Western, 2004.

                    Calculator

 

Open Door Policy

Since your learning is my primary concern, it is imperative that anything preventing you from learning be discussed.  Please feel free to make an appointment with me or call me so that I can help you keep on track.

 

Class Policy on Attendance:

 Attendance in class is an important priority.  Accounting is a course that continues to build on the knowledge gained.  It is not possible to understand and grasp the fundamentals being taught in later chapters unless the earlier chapters have been mastered.  Missing classes will impede your progress.

 

Your class participation grade will be affected by attendance.  If you are not here, you are not participating.

 

Class begins at 8:50 AM.  Lateness is disrespectful and will affect your participation points.

 

Class Policy For Assignments:

Students are expected to have read the chapter prior to the lecture.  Each chapter will be explained and discussed.  Concepts will be illustrated by working selected demonstration problems in class.  Selected problems will be assigned as homework.

 

Homework problems will be checked in class.   I will check your papers for completion.  Late homework will be assessed a 50% late penalty.

 

Student Responsibilities:

It is expected that all students will be present on test days.  Missing a test will result in an automatic F.  If unavoidable circumstances prevent attendance, the test can be made up at the instructor’s discretion.  It is the student’s responsibility to contact the instructor prior to the exam day to make arrangements to make up the exam. 

 

One test retake is allowed during the semester (excluding the final exam).  The retake option may be used to make up a missed exam.

 

All students no matter what their educational background, life/work experiences, have something to offer that will enrich our class.  As instructors, we not only encourage participation, but also rely on it.  As students, you should demand it, not only of yourselves, but also of your classmates.  Our class is only as good as we make it.

 

Class Policy on Electronic Devices: (Optional)(Cell phones, Beeper, Pagers…etc.)

Turn off, keep on silent ring or message.

 

Classroom Behavior

The student is expected to treat the instructor and his/her fellow students with respect and courtesy at all times.  This means giving full attention.  No private conversations, no catching up on homework assignments, no naps.  Such items can and will affect your participation grade.

 

Examples of improper behavior:  lateness, leaving early, disrupting class by leaving and returning, headphones, lack of participation.  Such behavior is disrespectful to your instructor and fellow students.  Such items can and will affect your participation points.

 

Learning Outcomes/ Competencies:

Students in this course will:

1.       Define accounting, the history of accounting, and its importance to management.

2.       Understand Financial Statements, their meaning and limitations.

3.       Interpret Financial Statements by using ratio analysis.

4.       Understand the bookkeeping process and transaction analysis.

5.       Be able to perform cash analysis and bank reconciliation.

6.       Understand the concept of current assets and inventory costing using LIFO, FIFO, and average cost assumptions.

7.       Explain the accounting for and presentation of Property, Plant, and Equipment, and other non-current assets.

8.       Apply depreciation methods to plant assets.

9.       Understand the accounting for and presentation of Owner’s equity.

10.   Prepare and income statement and the statement of cash flows.

11.   Understand the major differences between financial and managerial accounting.

12.   Apply cost-volume-profit analysis.

13.   Perform budgeting and performance reporting.

14.   Understand standard costs and variance analysis.

15.   Demonstrate competency in accounting by completing a financial statement analysis.

 

Assessment:

Exams (3 exams)                                                                      60%  of grade

Class participation/collaboration/attendance                                 10%  of grade

Homework problems                                                                 20%  of grade

Project                                                                                      10%  of grade

                                                                                                100%                                       

Grading Scale:

A: 92-100           A-: 90-91         B+:  88-89     B: 82-87         B-:  80-81    C+: 78-79

C: 72-77             C-: 70-71         D+:  68-69     D: 62-67         D-:  60-61    F:  59 & below

 

Center for Academic Excellence:

Tutoring assistance is free to all students of Calumet College of St. Joseph. Call the Center for Academic Excellence (CAE), to make an appointment at 473-4287. The Center has experienced and well-trained tutors in most subject areas to help students who are struggling in a course or who are doing well and would like to do better. Regular weekly tutoring sessions are likely to improve your grade.

 

Statement of Plagiarism:

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances. (Academic Planner 2001/2002 p.27)

 

Citation Guidelines:

Calumet College of St. Joseph adheres to citation guidelines as prescribed by the particular discipline (i.e., MLA, APA, and Chicago Manual of Style or Turabian.).  All of these guidelines are available in the Calumet College of St. Joseph library or bookstore.  These texts outline how to cite references from a variety of sources, including electronic media.

 

Withdrawal from Classes Policy:

After the last day for class changes has passed (see College calendar), students may withdraw from a course in which they are registered with permission from the faculty member conducting the course. A written request detailing the reason(s) for the withdrawal must be filed with the Registrar. Written request for withdrawal must be received by the Registrar by the last day of classes prior to the final examination dates specified in the catalogue. Written requests may be mailed to the Registrar or faxed to the College fax number 219-473-4259. Students are to make note of the refund schedule when withdrawing from courses. The request is forwarded to the faculty member, who makes the final determination to accept or deny the request. If the request is honored, the student will receive notification of official withdrawal; if denied, the notification will indicate why the withdrawal is disallowed.

 

An official withdrawal is recorded as a "W" grade on the student's transcript. Dropping a course without written permission automatically incurs an "F" grade for the course (see Refund Schedule).

 

Class Assignments:

Week  Class Date                              Topic-Assignment

 

1          1/11-14                         Introduction to Course

                                                Chapter 1 Introduction to Business Accounting

 

2          1/18-21                         Finish Chapter 1

                                    Chapter 2 Cash Basis of Accounting

 

3          1/25-28                         Chapter 3  The Accrual Basis of Accounting

                                   

4          2/1-4                             Appendix A Double Entry Accounting Systems

Review

 

5          2/8                                Exam 1 Chapters 1, 2, 3 and Appendix A

2/11                              Chapter 4 Merchandising

 

                                               

6          2/15-18                         Chapter 4 Merchandising

                                                Chapter 5 Internal Controls and Cash

 

7          2/22                              Chapter 6 Receivables and Inventory

            2/25                              NO CLASS                            

 

8          3/1-4                             Chapter 7 Fixed Assets and Intangible Assets

                                                Review

 

9          3/8                                Exam 2 Chapters 4, 5, 6, 7

      3/11                              Chapter 8 Liabilities and Stockholder’s Equity

 

10         3/15-18                         Chapter 9 Financial Statement Analysis

                                                Assign Project

           

11         3/22                              Chapter 10 Manufacturing

            3/25                              Easter Break

 

12         3/29-4/1                        Chapter 11  Cost Behavior and CVP Analysis

                                                                                                                       

13         4/5-8                             Chapter 12 Differential Analysis

                                                Project Due

                                   

14         4/12-15                         Chapter 13 Budgeting and Standard Cost

                                    Chapter 14 pages 540 to 555

 

15         4/19                              Final Exam chapters 8, 10, 11, 12, 13, 14 (exclude 9)

                                                (Take home)