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Acc312 Syl-Sp09 - McCOMBS SCHOOL OF BUSINESS The University...

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McCOMBS SCHOOL OF BUSINESS The University of Texas at Austin Plans and Policies for Accounting 312: Fundamentals of Managerial Accounting Spring 2009 Class Hours: TTh 2:00 - 3:15 (Unique #: 02320) Location: UTC 3.104 TTh: 3:30 - 4:45 (Unique #: 02335) Location: UTC 3.104 Professor: Doug deVidal Office: GSB 5.126B E-mail: [email protected] Office Hours: TTh noon - 1:00 Webpage: http://courses.utexas.edu (Blackboard) and by appointment Phone: 471-7893 TA: QuJie Dolan Office: E-mail: [email protected] Office Hours: Required Materials MANAGERIAL ACCOUNTING, by Ronald W. Hilton (8th edition, 2009). Optional Supplements •Solutions for the suggested problems for each chapter are available on Blackboard. Publisher Supplements •Text website (Online Learning Center): http://www.mhhe.com/hilton8e . This site is free, just click on the Student Edition. It is actually quite useful as it includes quizzes (M/C and T/F) and narrated PPT slides that will help you review chapter content. •A study guide that accompanies MANAGERIAL ACCOUNTING (available at the Co-op). Course Objectives The term "managerial accountant" has been used for many years, but today it often describes a very different kind of professional. Managerial accountants can be thought of as analysts that generally add value in two ways: (1) they serve as specialists at turning data into information, and (2) they create and advocate systems that help managers and workers make better decisions. Better information and better decisions should lead to greater profitability. Unfortunately, the accounting numbers generated for financial reporting purposes are not particularly helpful when managers need to make decisions. Consequently, managerial accountants (analysts) must work with a different perspective and a different set of skills. The objective of this course is to begin to develop those perspectives and skills. Acc 312 Plans and Policies Spring 2009 - Page 1
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Course Routine You are encouraged to ask questions in class, both to seek technical clarification of points discussed and to understand how a particular topic relates to your personal interest in business. To do this effectively, you will need to, and are expected to , study the chapter readings and other assigned materials and complete suggested homework problems PRIOR TO each class meeting. When we are together, we must devote time to the discussion and illustration of some of the more important applications and trickier aspects of the assigned materials, and if you have not prepared yourself with the basics, you will not be able to ask good clarifying questions, nor will you have time to absorb everything we discuss. Academic Standards A high academic level will be maintained with respect to (a) the quality of the course and (b) grading. Course grades will be determined on an objective basis using the following factors and relative weights: Lowest midterm 17.5% Highest midterm 27.5% Final exam (comprehensive) 35.0% Quizzes 10.0% Team assignment 10 .0% 100 .0% The class average for this course has typically been in the 2.7 - 2.9 range. You may assess your
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