Accounting 202 - Syllabus

Accounting 202 - Syllabus - ACCOUNTING 202: Principles of...

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Unformatted text preview: ACCOUNTING 202: Principles of Accounting Spring 2008 459 B&E Instructor: Professor Ruhe Section 001 MWF 12:30 CRN 10816 Section 002 MWF 11:30 CRN 10817 Phone: 293-7846 E-mail: nruhe@mix.wvu.edu Always use your name and course number as the subject line of your e-mail Web: access the course Web site through WVU eCampus Office: 310 B&E; Office Hours MWF 10:00 11:15 and MWF 1:30 2:00 TA's office 335 B&E; MW 1:30 2:15 and TuTh 11:30 4:00 COURSE OBJECTIVES AND LEARNING OUTCOMES: Students will be provided with the opportunity to develop the following competencies: 1. To think critically and solve a variety of accounting and financial reporting problems related to business, government, and notfor-profit organizations. 2. To understand how business organizations use accounting information for the purposes of planning, controlling, and evaluating operations to support decision making in utilizing resources. 3. To understand the various dimensions of organizational behavior and the leadership role accountants play in strategic planning and team decision-making. 4. To understand the opportunities and challenges associated with operating in a diverse and global business environment. 5. To demonstrate effective written and verbal communication skills that are essential in achieving career goals. 6. To apply appropriate technical accounting knowledge and skills to business problems. PREREQUISITES You must have already completed Accounting 201 with a grade of D- or better. REQUIRED MATERIALS (bring to each class): Jiambalvo, James, Managerial Accounting, Third Edition, New York, John Wiley & Sons, Inc., 2007. Copies of this textbook are on closed reserve in Wise Library. COURSE ACTIVITIES Date Study Assignment M 1/14 ** Introduction. Print out the syllabus and study it. ** Print out the Federal Income Tax Outline and bring it to class with you. W 1/16 ** Hand in the student information sheet from the last page of this syllabus at the beginning of class (otherwise you may be dropped from the course). Print out the Federal Income Tax Outline and bring it to class with you. F 1/18 Print out the Federal Income Tax Outline and bring it to class with you. Work Problem 1 (Bart Simpson). M 1/21 Martin Luther King's Birthday Recess (no class) W 1/23 Print out the Federal Income Tax Outline from WVU eCampus and bring it to class with you. Work Problem 2 (Homer & Marge) and Problem 3, (Fred and Edna). ** Print out Project #1 from WVU eCampus and bring it to class with you. F 1/25 ** Print out Project #1 from WVU eCampus and bring it to class with you. You will have time during class to work on Project #1. This project must be entirely your own work. You may not discuss it with anyone except Prof. Ruhe or Ryan Matala. M 1/28 ** Hand in Project #1 (20 points) at the BEGINNING of class. Late projects will not be accepted for any reason. Study Ch. 1: Managerial Accounting in the Information Age, pp. 2-23 and the Appendix, pp. 24-5. Answer the Self Assessment questions on p. 26. Do Exercises 1-8, 1-9 and 1-12 on pp. 28-9. W 1/30 Read the management report, the auditor's report, and the IMA Statement of Ethical Professional Practice on WVU eCampus. Do Exercise 1-3 on p. 28 (is on pp. 24-5) F 2/1 Study Ch. 1, pp. 2-23 and the Appendix, pp. 24-5. . Do Problem 1-1 on pp. 30-1 and Problem 1-2 on p. 31. M 2/4 Study Ch. 1, pp. 2-23 and the Appendix, pp. 24-5. Do Problem 1-5 on p. 32. Print out the sample test questions for Chapter 1 from WVU eCampus and work them. W 2/6 Study Ch. 2: Job-Order Costing for Manufacturing and Service Companies, pp. 36-46. F 2/8 Study Ch. 2, pp. 36-55, skipping the sections on journal entries on pp. 51, 53, & 54. Do Problem 2-3, part a. only, on pp. 77-8 and Problem 2-10 on pp. 80-1. M W 2/11 2/13 Study Ch. 2, pp. 36-68, skipping the sections on journal entries on pp. 51, 53, 54, & 57. Answer the Self Assessment questions 1-6 and 8-10 on p. 71. Do Exercise 2-12 on p. 75, Problem 2-15 on pp. 82-3, and Problem 2-7, part a. only, on p. 79. Study Ch. 2, pp. 36-68, skipping the sections on journal entries on pp. 51, 53, 54, & 57. Print out the sample test questions for Chapter 2 from WVU eCampus and work them. 1 F M W F M W 2/15 2/18 2/20 2/22 2/25 2/27 ** ** ** ** F M 2/29 3/3 ** W F M 3/5 3/7 3/10 W F M 3/12 3/14 3/17 ** W 3/19 F 3/21 3/22 3/30 M 3/31 W 4/2 F M W F M W F M W 4/4 4/7 4/9 4/11 4/14 4/16 4/18 4/21 4/23 ** Study Ch. 6: Cost Allocation and Activity-Based Costing, pp.208-234 and the Appendix pp. 234-8. Answer the Self Assessment questions on p. 239. Do Problem 6-1 on p. 245. Study Ch. 6 pp. 208-234 and the Appendix pp. 234-8. Do Exercises 6-5 on p. 241 & 6-9 on p. 242. Do Problem 6-5 on pp. 247-8. Study Ch. 6 pp. 208-234 and the Appendix pp. 234-8. Print out the ABC problem from WVU eCampus, work it, and bring it with you to class. Print out the sample test questions for Chapter 6 from WVU eCampus and work them. Test #1 (100 points) on material assigned from Chapters 1, 2 & 6. Federal Income Tax will not be included on this test. Study Ch. 4: Cost-Volume-Profit Analysis, pp. 124-133 and pp. 136-137, skipping the material on the highlow method. Do Exercise 4-8 on p. 161. Do Problem 4-1 on p.164. Print out Project #2 from WVU eCampus. Read the instructions on p. 1 before you come to class. Bring your printout of Project #2 to class. Come to class prepared to make the quilts described. Your score on Project #2 depends upon your attendance and successful participation on this day. At the end of class, hand in the attendance sheet for Project #2 (10 points) along with your completed quilts. ONLY ONE attendance sheet should be handed in for each group. You cannot complete this in-class group activity on your own outside of class. If you are not in class, you must e-mail Prof. Ruhe, describe your reason for missing class, and ask for permission to have 40% of your score on the comprehensive makeup test used for your Project #2 grade Come to class prepared to work on Project #2. Hand in Project #2 at the BEGINNING of class (30 points). Each person should hand in his/her own copy of this project. You cannot hand in Project #2 if you did not make quilts in class on Wednesday, Feb. 27. If you were not in class on Feb. 27, you must e-mail Prof. Ruhe, describe your reason for missing class, and ask for permission to have 40% of your score on the comprehensive makeup test used for your Project #2grade. Study Ch. 4, pp. 138-142 and pp. 146-151, skipping the material on multiproduct analysis. Do Exercises 4-10 & 4-12 on pp. 145-6. Answer Self Assessment questions 1-4, 6, 9, and 10 on p. 157. Do Exercises 4-13, 4-14, & 4-15 on pp. 162-3. Study Ch. 4, pp. 138-142 and pp. 146-151, skipping the material on multiproduct analysis. Do Problem 4-15 on p. 171. Do Exercise 4-18 on p. 163. Print out the sample test questions for Chapter 4 from WVU eCampus and work them. Review Chapter 1, pp 12 & 13. Study Ch. 7: The Use of Cost Information in Management Decision Making, pp. 260-273 and pp. 277-279, skipping the material on Joint Costs and the Appendix on the Theory of Constraints. Answer Self Assessment questions 1-6 & 9-10 on pp. 283-4. Do Exercise 7-6 on pp. 286-7, Exercise 7-10 on p. 288, Problem 7-7 on p. 293, and Problem 7-12 on pp. 295-6. Review Chapter 1, pp 12 & 13. Study Ch. 7, pp. 260-273 and pp. 277-279. Do Problem 7-3 on p. 291 and Problem 7-9 on pp. 293-4. Print out the sample test questions for Chapter 7 from WVU eCampus and work them. Study Chapter 8: Pricing Decisions, Analyzing Customer Profitability, and Activity-based Pricing, pp. 300315. Answer the Self Assessment questions on pp. 315-6. Do Exercises 8-5, 8-6, 8-9 and 8-13 on pp. 318320. Study Chapter 8, pp. 300-315. Do Exercises 8-15 and 8-16 on pp. 320-1. Print out the sample test questions for Chapter 8 from WVU eCampus and work them. Test #2 (100 points) on material assigned from Chapters 4, 7, & 8. Friday before Easter recess (no class). Last day to drop a class. Spring break Study Ch. 9, Capital Budgeting and Other Long-run Decisions, pp. 328-333. Study Ch. 9, pp. 328-336. Work Exercises E9-3 through E9-7 on pp. 361-2. The tables needed for the exercises are on pp. 357-8. Study Ch. 9, pp. 328-336. Do Exercises 9-8, 9-9, and 9-10 on p. 362. Study Ch. 9, pp. 328-353. Answer the Self Assessment questions on pp. 359-60. Do Exercises 9-14 and 9-15 on p. 363. Study Ch. 9, pp. 328-353. Do Problem 9-7 on p. 365 and Problem 9-12 on p. 367. Print out the sample test questions for Chapter 9 from WVU eCampus and work them. Print out the Budgeting Problem from WVU eCampus and bring it to class with you. Study Ch. 10: Budgetary Planning and Control, pp. 372-395. Answer the Self Assessment questions on pp. 398. Study Ch. 10, pp. 372-395. Do Exercises 10-11 and 10-7 on pp. 400-1. Do Exercises 10-15 & 10-16 on p. 402. Study Ch. 10, pp. 372-395. Do Problem 10-10 on pp. 411-2. Print out the sample test questions for Chapter 10 from WVU eCampus and work them. Study Ch. 11: Standard Costs and Variance Analysis, pp. 418-426 & 430-437, skipping the material on overhead variances. Answer Self Assessment questions 1-6 & 8-9 on pp. 442-3. Study Ch. 11, pp. 418-426 & 430-437, skipping the material on overhead variances. Do Exercise 11-10 on p. 446. Do Problems 11-3 on p. 448 & 11-16 on p. 452. Print out the sample test questions for Chapter 11 from WVU eCampus and work them. 2 F M W F 4/25 4/28 4/30 5/2 ** ** ** Test #3 (100 points) on material assigned from Chapters 9, 10, & 11. Print out Project #3 from WVU eCampus. Study Chapter 13: Analyzing Financial Statements: A Managerial Perspective, pp. 506-528. Answer the Self Assessment questions on pp. 528-9. Come to class prepared to work with your self-selected group (maximum of 4 members per group) on Project #3. Come to class prepared to work with your self-selected group (maximum of 4 members) on Project #3. Hand in Project #3 (40 points) at the beginning of class with the Project Cover Sheet. ONLY ONE copy should be handed in for each group. Late projects will not be accepted for any reason. The Comprehensive Makeup Test will be given at this time for students who have obtained the instructor's permission. TESTS The course includes three tests worth 100 points each. The tests will be given in class on the dates shown on the syllabus. Tests will start on time. If you arrive late, you will not be given any additional time to complete the test. You may use a calculator on tests, except for cell phone or pager calculators. Bring extra batteries or an extra calculator with you because, once you have started the test, you must complete it in the time allowed even if your calculator doesn't work. You may not share a calculator with another student during a test. The only makeup test that will be given is a comprehensive makeup test covering material from all three of the tests on Friday, May 2, during your normal class time in your regular classroom. Individual Federal Income Taxes will not be included on this test. To get permission to take this makeup, you must e-mail your instructor within one week of the test you missed and describe your reason for missing the scheduled test. Only students who missed a scheduled test because of illness, religious observance, emergency, or university-excused absence may take this makeup test. You may not use the makeup exam to replace a low score from an exam you have already taken. There are no makeups on the makeup test. PROJECTS There are three projects, worth a total of 100 points, which will be collected in class on the dates shown on the syllabus. Project #1 which is worth 20 points, must be entirely your own work. You may not discuss Project #1 with anyone other than Prof. Ruhe or Ryan Matala. The first part of Project #2, worth 10 points, will be collected at the end of class after you have participated in the manufacturing simulation in class on February 27. The remainder of Project #2, worth 30 points, is due at the beginning of class on Monday, March 3. You may work with a group on Project #2 if you like, but each group member must turn in a completed copy of the project. Project #3, worth 40 points, is due at the beginning of the last day of class. Your project should be of the same quality as a report that you would submit to an important client. Project grades will be based on correctness (including grammar, spelling and usage), completeness, and overall professionalism. This project is a group project. You may work with one group of up to (but no more than) four people. All parts of this project should be worked by every group member. The purpose of group work is not to split up the project but to work on all parts of the project together. All group members whose signatures appear on the Project #3 Cover Sheet will receive the same grade on the project. If you are unable to work with a group, you may work by yourself and hand in the project as an individual along with a copy of the Project Cover Sheet. ATTENDANCE You are expected to attend EVERY class session because your participation is critical to the learning process. You must complete the study assignments BEFORE coming to class on the dates shown on the syllabus in order to make a positive contribution to class discussions. Keep working with the syllabus even if the class appears to have fallen behind schedule. We will catch up. Class will not be cancelled for bad weather or athletic events unless the University is officially closed. The textbook represents a minimum of material you are expected to understand. You should also be prepared to discuss current business issues by reading business periodicals such as the Wall Street Journal. You are responsible for all material covered in class, including additional topics that are not part of your text. Any announcements or changes in the syllabus will be made in class. If you are absent, it is your responsibility to get information from another student. You should plan to spend at least three hours outside of class for every hour in class. LATE ASSIGNMENTS Late projects will not be accepted for any reason. 3 DETERMINATION OF GRADE You can earn points during the semester as follows: 3 tests............................................ 300 points 3 projects........................................ 100 points TOTAL....................................... .. 400 points There is no "extra credit" available in this course. Final grades will be assigned on the basis of total points earned during the semester according to the following scale: A+ 388 - 400 A 360 - 387 B 320 - 359 C 270 - 319 D 220 - 269 F less than 220 Grades will be posted within one week of each test. Any discrepancies must be reported to the instructor during office hours within one week of each grade posting. No changes will be made for discrepancies brought up after the one-week deadline. A grade of C or better in Accounting 202 is required for admission to the College of Business & Economics. A grade of B or better in both Accounting 201 and Accounting 202 is required to be an accounting major. ACADEMIC DISHONESTY Academic dishonesty will not be tolerated. Please refer to the West Virginia University Student Handbook for more information about academic dishonesty. Anyone involved in academic dishonesty will receive an unforgivable "F" in the course. Project #1 must be entirely your own work. On Project #1, academic dishonesty includes (but is not limited to) discussing the project with anyone other than Professor Ruhe or Ryan Matala. On Project #3, academic dishonesty includes (but is not limited to) claiming credit for someone else's work, answering questions from someone who is not in your group, or allowing someone else to claim credit for working on the project when no contribution has actually been made. You are not to discuss Project #3 with anyone other than your group members and Professor Ruhe or Ryan Matala. FREE TUTORING Teaching assistant Ryan Matala is available to help students in Rm. 335 B&E. His office hours this semester are: MW 1:30 2:15 and Tu-Th 11:30 4:00. If you need additional help, you may call the University Tutoring Hotline at 293-2316 to sign up for free tutoring. Beta Alpha Psi, an accounting honorary group, also offers free tutoring. The time and place will be announced in class. SOCIAL JUSTICE West Virginia University is committed to social justice. I concur with that commitment and expect to foster a nurturing learning environment based upon open communication, mutual respect, and non-discrimination. Our University does not discriminate on the basis of race, sex, age, disability, veteran status, religion, sexual orientation, color or national origin. Any suggestions as to how to further such a positive and open environment in this class will be appreciated and given serious consideration. If you are a person with a disability and anticipate needing any type of accommodation in order to participate in this class, please advise me in writing by the second class meeting and make appropriate arrangements with Disability Services (293-6700). SPECIAL NOTE Any or all of the material in the syllabus is subject to change by the instructor. All changes will be announced by the instructor in class and all students are responsible for these changes. 4 Accounting 202 Spring, 2008 This sheet is due at the beginning of class on Wednesday, January 16, 2008 11:30 12:30 Circle the time when your class meets: Last name (please print) First name (please print) Student I.D. # Local phone # Hometown city and state Overall GPA (optional) When did you take A201? Where did you take A201? What is your intended Major? (Circle one. If "Other," please specify) Accounting Economics Finance Management Business Minor Marketing 700 Management Information Systems Other:____________________________________________________ This page will be used to create a seating chart for the class. Anyone who does not turn in this page on or before the due date will not be assigned a seat and may be dropped from the course. This is your only opportunity to tell me where you want to sit. Are you left-handed? (Circle one) YES NO Do you have a disability that requires that you sit in a particular part of the room? Please describe your special needs in enough detail that I can accommodate you: __________________________________________________________________________________________________ __________________________________________________________________________________________________ __________________________________________________________________________________________________ Would you prefer to sit in a particular part of the room? Please describe your preference in enough detail that I can accommodate you if space permits: __________________________________________________________________________________________________ __________________________________________________________________________________________________ __________________________________________________________________________________________________ __________________________________________________________________________________________________ __________________________________________________________________________________________________ ...
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