ACCOUNTING 2302
Principles of Managerial Accounting

Western Texas College

  1. COURSE DESCRIPTION
    1. his course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity’s accounting system relevant to decisions made by internal managers, as distinguished from information relevant to users who are external to the company. The emphasis is on the identification and assignment of product costs, operational budgeting and planning, cost control, and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.
    2. Prerequisite: ACCT 2301 – Principles of Financial Accounting
  2. INSTRUCTIONAL MATERIALS
    1. Horngren’s Financial and Managerial Accounting, 4th edition, by Nobles, Mattison, and Matsumura. ISBN-13:  9780133251241 (this number is for the book only)  ISBN-13: 9780133359848 (this number is for the book and access code)  This book will be used for both Accounting 1 and Accounting 2.  The book is published by Pearson/Prentice Hall and is available at the WTC bookstore. (WTC bookstore: 1-325-574-7601 or www.wtcbookstore.com).  We will also be using MyAccountingLab.  MyAccountingLab requires an access code.  If you are purchasing the book through the bookstore, the access code will be included with the book.  This code may be purchased with the textbook, the e-text, or separately on-line.
  3. COURSE LEARNING OUTCOMES
    1. dentify the role and scope of financial and managerial accounting and the use of accounting information in the decision making process of managers.
    2. Define operational and capital budgeting, and explain its role in planning, control, and decision making.
    3. Prepare an operating budget, identify its major components, and explain the interrelationships among its various components.
    4. Explain methods of performance evaluation.
    5. Use appropriate financial information to make operational decisions.
    6. Demonstrate use of accounting data in the areas of product costing, cost behavior, cost control, and operational and capital budgeting for management decisions.
  4. WEEKLY COURSE SCHEDULE
    1. The standard requirement for 3 credit hour course is for students to spend 12 hours in weekly work. This includes preparation, activities, and evaluation regardless of delivery mode.
    2. Course Schedule is developed through MY ACCOUNTING LAB.
    3. COURSE EVALUATION CRITERIA:
      Tests
      40%
      Homework
      50%
      Written Assignment
      10%
      Total
      100%

*The above schedule, policies, procedures, and assignments in this course are subject to change.

  1. EVALUATION POLICY:
    1. Grade Course Requirements
      How many of what types of assignments: There will be 15 homework assignments. The online homework is required and counts 50% of the student’s grade.
      Number and types of quizzes and examinations: There will be 4 on-line tests covering chapter homework.
    2. Attendance Policy – Financial Aid 
      You are expected to participate in the discussion forum each week. This attendance will help you to meet the financial aid and discussion/participation requirement. This will also help you to not have to repay student loans due to lack of classroom participation online. This is very important and is expected to be taken seriously.
    3. EVALUATION SCALE:
      A:  90-100
      B:  89-80
      C:  79-70
      D:  69-60
      F:  below 60
    4. OTHER POLICIES: Please refer to the Western Texas College Course Catalog for the following:
      1. Campus Calendar
      2. Final Exam schedule
      3. How to drop a class
      4. Withdrawal information
      5. Student Conduct/Academic Integrity
      6. Students with disabilities

 

 

Last Modified: March 4, 2014