ACCT-2302 Principles of Accounting II - Managerial


Darryl Houston
Virginia Hauser

Credit Spring 2024


Section(s)

ACCT-2302-004 (78358)
LEC NRG ONL DIL

LAB MW 9:00am - 10:30am NRG NRG4 4207

ACCT-2302-007 (78359)
LEC NRG ONL DIL

LAB TuTh 9:00am - 10:30am NRG NRG4 4207

Course Requirements

REQUIRED TEXT

Managerial Accounting, 5th ed. Whitecotton, Libby and Phillips, McGraw Hill Education

 

COURSE PREREQUISITES

  • Before enrolling in ACCT 2302, a student must have completed ACCT 2301 or its equivalent with a grade of C or better.

 

  • Basic computer skills utilizing word processing, spreadsheet (Excel), and presentation (Power Point) software are recommended for all accounting courses. If you have any questions, consult with an accounting advisor.

 

CPA and transfer credit:

  • To become a CPA in Texas, you must have a minimum of a bachelor’s degree that includes 150 hours of college credit, 36 hours of accounting, an approved 3 hour accounting ethics course and 24 hours of business. Passage of the uniform CPA exam and appropriate supervision by a CPA are also required.

 

  • Principles of Accounting II generally transfers to four-year colleges and universities. The equivalent at UT is ACC 312, at TSU it is ACC 2362, and at TAMU it is ACCT 230.

 

  • The second accounting course required for business majors is ACCT 2302 – Principles of Accounting II - Managerial.  A grade of C or better in ACCT 2301 is a prerequisite for ACCT 2302.

 

 

 

 

COMMON COURSE LEARNING OBJECTIVES/OUTCOMES:

The learning objectives/outcomes will be evaluated through the department designed mid-term and end of semester assessments. More information about the assessments are available under Course Policies.  The core concepts are:

  • the nature and purpose of internal uses of accounting information
  • the fundamental concepts and techniques for planning, control and decision making that are applicable to various types of business entities
  • current theory and practice in management accounting.

 

The entire list of learning objectives for each chapter is available at http://sites.austincc.edu/accounting/acct-2302-principles-of-accounting-ii-managerial/acct-2302-learning-objectives/

 

INSTRUCTIONAL METHODOLOGY:

The objectives of this course will be met by incorporating a variety of instructional methods.  These may include lecture, class exams and quizzes, group activities and project, student presentations, class problem-solving, written analysis, spreadsheet, word processing and power point activities, the use of accounting software and online activities and research.

STUDENT TECHNOLOGY SUPPORT

Austin Community College provides free, secure drive-up WiFi to students and employees in the parking lots of all campus locations. WiFi can be accessed seven days a week, 7 am to 11 pm. Additional details are available at https://www.austincc.edu/sts.

 

Students who do not have the necessary technology to complete their ACC courses can request to borrow devices from Student Technology Services. Available devices include iPads, webcams, headsets, calculators, etc. Students must be registered for a credit course, Adult Education, or Continuing Education course to be eligible. For more information, including how to request a device, visit http://www.austincc.edu/sts.

 

Student Technology Services offers phone, live-chat, and email-based technical support for students and can provide support on topics such as password resets, accessing or using Blackboard, access to technology, etc. To view hours of operation and ways to request support, visit http://www.austincc.edu/sts

 

COURSE EVALUATION/GRADING SYSTEM:

 

Activity

Points

Percent

Exams and Quizzes (Proctored)

520

65%

Lab Assignments

80

10%

Comprehensive Problems

80

10%

Homework Assignments

80

10%

Other Class Activities

40

5%

       TOTAL

800

100%

 

Basis for Grading:

Points

Grade

720-800

A

640-719

B

560-639

C

480-559

D

Below 479

F

CLASS POLICIES:

Attendance/Class Participation: Class Participation: This is an online class held via Blackboard.  Regular and punctual completion of assignments by the due dates is expected of all students.  Attendance via notes of Blackboard activities will be utilized to certify attendance. 

 

Lab Participation: Regular and punctual laboratory attendance is expected of all students.  Labs will be completed online.  If attendance or compliance with other course policies is unsatisfactory, the instructor may withdraw students from the class. 

 

In situations where classes are cancelled because of weather, pandemic, or other emergencies the student is responsible for communicating with their professor during the closure and completing any assignments or other activities designated by their professor.

 

Withdrawal: It is the responsibility of each student to ensure that his or her name is removed from the roll should he or she decide to withdraw from the class. The instructor does, however, reserve the right to drop a student should he or she feel it is necessary. If a student decides to withdraw, he or she should also verify that the withdrawal is submitted before the Final Withdrawal Date. The Final Withdrawal Date for this semester is Thursday, November 18th, 2021.  The student is also strongly encouraged to keep any paper work in case a problem arises.

 

Students are responsible for understanding the impact that withdrawal from a course may have on their financial aid, veterans’ benefits, and international student status.  Per state law, students enrolling for the first time in Fall 2007 or later at any public Texas college or university may not withdraw (receive a W) from more than six courses during their undergraduate college education. Some exemptions for good cause could allow a student to withdraw from a course without having it count toward this limit. Students are strongly encouraged to meet with an advisor when making decisions about course selection, course loads, and course withdrawals.

 

Incompletes:  An incomplete (grade of "I") will only be given for extenuating circumstances.  What constitutes “extenuating circumstances” is left to the instructor’s discretion.  If a grade of I is given, the remaining course work must be completed by a date set by the student and professor.  This date may not be later than two weeks prior to the end of the following semester.  A grade of I also requires completion and submission of the Incomplete Grade form, to be signed by the faculty member (and student if possible) and submitted to the department chair.

 

Students may request an Incomplete from their faculty member if they believe circumstances warrant.  The faculty member will determine whether the Incomplete is appropriate to award or not.  The following processes must be followed when awarding a student an I grade. 

1.      Prior to the end of the semester in which the “I” is to be awarded, the student must meet with the instructor to determine the assignments and exams that must be completed prior to the deadline date.  This meeting can occur virtually or in person.  The instructor should complete the Report of Incomplete Grade form.

2.      The faculty member will complete the form, including all requirements to complete the course and the due date, sign (by typing in name) and then email it to the student.  The student will then complete his/her section, sign (by typing in name), and return the completed form to the faculty member to complete the agreement.  A copy of the fully completed form can then be emailed by the faculty member to the student and the department chair for each grade of Incomplete that the faculty member submits at the end of the semester.   

3.      The student must complete all remaining work by the date specified on the form above.  This date is determined by the instructor in collaboration with the student, but it may not be later than the final withdrawal deadline in the subsequent long semester.  

4.      Students will retain access to the course Blackboard page through the subsequent semester in order to submit work and complete the course. Students will be able to log on to Blackboard and have access to the course section materials, assignments, and grades from the course and semester in which the Incomplete was awarded.  

5.      When the student completes the required work by the Incomplete deadline, the instructor will submit an electronic Grade Change Form to change the student’s performance grade from an “I” to the earned grade of A, B, C, D, or F. 

If an Incomplete is not resolved by the deadline, the grade automatically converts to an “F.”  Approval to carry an Incomplete for longer than the following semester or session deadline is not frequently granted.”

 

BlackboardI maintain a Blackboard site for this class.  You will be able to log onto the Blackboard site http://acconline.austincc.edu to gain access to:

 

  • Course announcements
  • Syllabus  and other course information
  • Link to Connect (where the eBook and interactive homework assignments are located)
  • Gradebook
  • Collaborate Ultra (Virtual Classroom)

 

Your user name for Blackboard is your ACC eID. This is your 7 digit ACC student ID, preceded by the first initial of your official first name. During the activation of your ACC eID, you will select your password. If you do not know your ACC eID, you may retrieve it via the Blackboard home page.

 

Exams: All exams will be proctored using a remote proctoring option deemed appropriate by the course instructor. 

The exams will be a combination of multiple choice and problems. Each exam will have a time limit and there will be a testing window during which the exam must be completed. DO NOT MISS EXAMS.  If you must miss an exam, please contact me BEFORE the end of the testing window by email or phone.  Make-up exams will be given at my discretion.  If a make-up test is arranged, 5 points will be deducted.

Departmental Assessments: The Accounting Department designs assessments for use by all ACCT 2302 sections. These assessments are part of the 520 points for proctored exams and quizzes noted above in the “Grading System.” More information will be provided to you before the assessments are scheduled. These assessments are intended to test the overall mastery of the concepts. 

Quizzes: The quizzes will be given through Blackboard/Connect. Each quiz will have a time limit and there will be a testing window during which the quiz must be completed. DO NOT MISS QUIZZES.  If you must miss a quiz, please contact me BEFORE the end of the testing window by email or phone. 

Lab Activities: Attendance at lab is required.  Lab consists of graded assignments administered through Blackboard/Connect, worth 80 points which is 10% of your total grade. You should consider the assignments as open book quizzes. If a lab is missed, making up the lab is at my discretion.

Comprehensive Problems: Specific instructions will be provided in class for the comprehensive problems.  

 

Homework Assignments: Homework is a critical part of any accounting course.  Important accounting concepts cannot be fully understood until you work the problems. Failure to complete homework often affects the grade a student receives.

 

Homework assignments must be completed using Connect, the on-line interactive homework system that comes with the eBook.  The Connect software will grade your homework and provide immediate feedback to you.  

The homework problems must be submitted by 11:55 PM on the due date indicated in this syllabus. Late work will not be accepted. Instructor Choice.

 

The link to Connect will be provided in the Blackboard course.
 

Class Activities: There will be a variety of class activities, including group problem solving which require your participation.

 

Bonus points: A maximum of 16 bonus points will be available only through lab and class assignments.

COLLEGE POLICIES

These are statements of which all students should be aware and which are consistent across the institution.  The wording of these statements should not be changed by instructors.

 

Health & Safety Protocols

Operational areas of ACC campuses and centers are fully open and accessible through all public entrances.  While some health & safety protocols are no longer mandatory, the college encourages its staff, faculty, and students to be mindful of the well-being of all individuals on campus.  If you feel sick, feverish, or unwell, please do not come to campus.

Some important things to remember:

  • If you have not done so, ACC encourages all students, faculty, and staff to get vaccinated. COVID-19 vaccines are now widely available throughout the community. Visit www.vaccines.gov/ to find a vaccine location near you.

     
  • If you are experiencing COVID-19-related symptoms, please get a COVID-19 test as soon as possible before returning to an ACC facility. Testing is now widely available.

     
  • If you test positive, please report it on the ACC self-reporting tool located here.

     
  • ACC continues to welcome face masks on campus.  Per CDC guidelines, face masks remain a good way to protect yourself from COVID-19.  The college cannot mandate indoor masking, but is encouraging it during this spike in cases as a result of the Delta variant.

     
  • The college asks that we all continue to respect the personal space of others. We are encouraging 3 feet of social distancing.

     
  • Please be sure to carry your student, faculty, or staff ID badge at all times while on campus.
     

Because of the everchanging situation, please go to ACC’s Covid website at https://www.austincc.edu/coronavirus?ref=audiencemenu for the latest updates and guidance.

 

Statement on Academic Integrity

Austin Community College values academic integrity in the educational process.  Acts of academic dishonesty/misconduct undermine the learning process, present a disadvantage to students who earn credit honestly, and subvert the academic mission of the institution. The potential consequences of fraudulent credentials raise additional concerns for individuals and communities beyond campus who rely on institutions of higher learning to certify students' academic achievements and expect to benefit from the claimed knowledge and skills of their graduates. Students must follow all instructions given by faculty or designated college representatives when taking examinations, placement assessments, tests, quizzes, and evaluations.  Actions constituting scholastic dishonesty include, but are not limited to, plagiarism, cheating, fabrication, collusion, falsifying documents, or the inappropriate use of the college’s information technology resources.  Further information is available at https://www.austincc.edu/about-acc/academic-integrity-and-disciplinary-process

 

Any course specific policies, expectations, or procedures could be included here.

 

Student Rights & Responsibilities

Students at ACC have the same rights and protections under the Constitution of the United States. These rights include freedom of speech, peaceful assembly, petition and association. As members of the community, students have the right to express their own views, but must also take responsibility for according the same rights to others and not interfere or disrupt the learning environment. Students are entitled to fair treatment, are expected to act consistently with the values of the college, and obey local, state, and federal laws. www.austincc.edu/srr

 

As a student of Austin Community College you are expected to abide by the Student Standards of Conduct. https://www.austincc.edu/students/students-rights-and-responsibilities/student-standards-of-conduct

 

 

Senate Bill 212 and Title IX Reporting Requirements 

Under Senate Bill 212 (SB 212), the faculty and all College employees are required to report any information concerning incidents of sexual harassment, sexual assault, dating violence, and stalking committed by or against an ACC student or employee. Federal Title IX law and College policy also require reporting incidents of sex- and gender-based discrimination and sexual misconduct. This means faculty and non-clinical counseling staff cannot keep confidential information about any such incidents that you share with them.

 

If you would like to talk with someone confidentiality, please contact the District Clinical Counseling Team who can connect you with a clinical counselor on any ACC campus:  (512) 223-2616, or to schedule online:  https://www.austincc.edu/students/counseling

While students are not required to report, they are encouraged to contact the Compliance Office for resources and options:  Charlene Buckley, District Title IX Officer, (512) 223-7964;  compliance@austincc.edu .

 

If a student makes a report to a faculty member, the faculty member will contact the District Title IX Officer for follow-up.

 

 

Student Complaints

A defined process applies to complaints about an instructor or other college employee. You are encouraged to discuss concerns and complaints with college personnel and should expect a timely and appropriate response. When possible, students should first address their concerns through informal conferences with those immediately involved; formal due process is available when informal resolution cannot be achieved.

 

Student complaints may include (but are not limited to) issues regarding classroom instruction, college services and offices on the basis of actual or perceived race, color, national origin, religion, age, gender, gender identity, sexual orientation, political affiliation, or disability.

 

Further information about the complaints process, including the form used to submit complaints, is available at: http://www.austincc.edu/students/students-rights-and-responsibilities/student-complaint-procedures

 

Statement on Privacy

The Family Educational Rights and Privacy Act (FERPA) protects confidentiality of students’ educational records. Grades cannot be provided by faculty over the phone, by e-mail, or to a fellow student.

 

Class grades should be posted in Blackboard, and this could be mentioned here.

 

Recording Policy

To ensure compliance with the Family Education Rights and Privacy Act (FERPA), student recording of class lectures or other activities is generally prohibited without the explicit written permission of the instructor and notification of other students enrolled in the class section.  Exceptions are made for approved accommodations under the Americans with Disabilities Act. 

 

Recording of lectures and other class activities may be made by faculty to facilitate instruction, especially for classes taught remotely through BlackBoard Collaborate or another platform.  Participation in such activities implies consent for the student to be recorded during the instructional activity.  Such recordings are intended for educational and academic purposes only.

 

 

Safety Statement

Health and safety are of paramount importance in classrooms, laboratories, and field activities. Students are expected to learn and comply with ACC environmental, health and safety procedures and agree to follow ACC safety policies.  Emergency Procedures posters and Campus Safety Plans are posted in each classroom and should be reviewed at the beginning of each semester.  All incidents (injuries/illness/fire/property damage/near miss) should be immediately reported to the course instructor. Additional information about safety procedures and how to sign up to be notified in case of an emergency can be found at http://www.austincc.edu/emergency

 

Everyone is expected to conduct themselves professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another individual may be immediately dismissed from the day’s activity and will be referred to the Dean of Student Services for disciplinary action.

 

In the event of disruption of normal classroom activities due to an emergency situation or an outbreak of illness, the format for this course may be modified to enable completion of the course. In that event, students will be provided an addendum to the class syllabus that will supersede the original version.

 

Campus Carry

The Austin Community College District concealed handgun policy ensures compliance with Section 411.2031 of the Texas Government Code (also known as the Campus Carry Law), while maintaining ACC’s commitment to provide a safe environment for its students, faculty, staff, and visitors.  Beginning August 1, 2017, individuals who are licensed to carry (LTC) may do so on campus premises except in locations and at activities prohibited by state or federal law, or the college’s concealed handgun policy. 

   

It is the responsibility of license holders to conceal their handguns at all times.  Persons who see a handgun on campus are asked to contact the ACC Police Department by dialing 512-223-1231.   Please refer to the concealed handgun policy online at http://austincc.edu/campuscarry

Discrimination Prohibited

The College seeks to maintain an educational environment free from any form of discrimination or harassment including but not limited to discrimination or harassment on the basis of race, color, national origin, religion, age, sex, gender, sexual orientation, gender identity, or disability.

 

Faculty at the College are required to report concerns regarding sexual misconduct (including all forms of sexual harassment and sex and gender-based discrimination) to the Manager of Title IX/Title VI/ADA Compliance.  Licensed clinical counselors are available across the District and serve as confidential resources for students.

 

Additional information about Title VI, Title IX, and ADA compliance can be found in the ACC Compliance Resource Guide available at: https://drive.google.com/file/d/1o55xINAWNvTYgI-fs-JbDyuaMFDNvAjz/view

 

 

Use of ACC email

All College e-mail communication to students will be sent solely to the student’s ACCmail account, with the expectation that such communications will be read in a timely fashion. ACC will send important information and will notify students of any college- related emergencies using this account. Students should only expect to receive email communication from their instructor using this account.  Likewise, students should use their ACCmail account when communicating with instructors and staff.  Information about ACC email accounts, including instructions for accessing it, are available at:  http://www.austincc.edu/help/accmail/questions-and-answers

 

Use of the Testing Center

For Fall, 2021, the Testing Centers will allow only limited in person testing and testing time will be limited to the standard class time, typically one and one-half hours.  Specifically, only the following will be allowed in the Testing Centers:

  • Student Accessibility Services (SAS) Testing: All approved SAS testing
  • Assessments Tests: Institutionally approved assessment tests (e.g., TSIA or TABE)
  • Placement Tests: Placement tests (e.g., ALEKS)
  • Make-Up Exams (for students who missed the original test): Make-up testing is available for all lecture courses but will be limited to no more than 25% of students enrolled in each section for each of four tests
  • Programs incorporating industry certification exams: Such programs (e.g., Microsoft, Adobe, etc.) may utilize the ACC Business Assessment Center for the industry certification exams (BACT) at HLC or RRC

 

The instructor should provide additional information about how they will conduct examinations and other assessments here.

 

STUDENT SUPPORT SERVICES

The success of our students is paramount, and ACC offers a variety of support services to help, as well as providing numerous opportunities for community engagement and personal growth.

Student Support

ACC strives to provide exemplary support to its students and offers a broad variety of opportunities and services.  Information on these campus services and resources is available at  http://www.austincc.edu/students.  A comprehensive array of student support services is available online at:

https://www.austincc.edu/coronavirus/remote-student-support

 

Student Accessibility Services

Austin Community College (ACC) is committed to providing a supportive, accessible, and inclusive learning environment for all students.  Each campus offers support services for students with documented disabilities. Students with disabilities who need classroom, academic or other accommodations must request them through Student Accessibility Services (SAS).

 

Students are encouraged to request accommodations when they register for courses or at least three weeks before the start of each semester they are enrolled, otherwise the provision of accommodations may be delayed.  Students who have received approval for accommodations from SAS for this course must provide the instructor with the legal document titled “Notice of Approved Accommodations (NAA)” from SAS.

 

Until the instructor receives the NAA from the student accommodations should not be provided.  Once the NAA is received, accommodations must be provided.  Accommodations are not retroactive, so it is in the student’s best interest to deliver the NAA on the first day of class.  

 

Please contact SAS@austincc.edu for more information.

 

Academic Support

ACC offers academic support services on all of its campuses. These services, which include online tutoring, academic coaching, and supplemental instruction, are free to enrolled ACC students. Tutors are available in a variety of subjects ranging from accounting to pharmacology. Students may receive these services on both a drop-in and referral basis. 

 

An online tutor request can be made here:

https://de.austincc.edu/bbsupport/online-tutoring-request/

 

Additional tutoring information can be found here:

austincc.edu/onlinetutoring

 

Library Services

 

ACC Library Services will be offering both in-person and extensive online services for Fall 2021, with research and assignment assistance available in-person during limited hours of service. Although all college services are subject to change this fall, plans include ACC students signing up for study space and use of computers at open libraries, extensive online instruction in classes, online reference assistance 24/7 and reference with ACC faculty librarians. In addition, currently enrolled students, faculty and staff can access Library Services online (also 24/7) via the ACC Library website and by using their ACCeID to access all online materials (ebooks, articles from library databases, and streaming videos). ACC Libraries offer these services in numerous ways such as: "Get Help from a Faculty Librarian: the 24/7 Ask a Librarian chat service," an online form for in-depth research Q and A sessions, one-on-one video appointments, email, and phone (voicemail is monitored regularly).

 

 

 

Student Organizations

ACC has over seventy student organizations, offering a variety of cultural, academic, vocational, and social opportunities.  They provide a chance to meet with other students who have the same interests, engage in service-learning, participate in intramural sports, gain valuable field experience related to career goals, and much else.  Student Life coordinates many of these activities, and additional information is available at http://sites.austincc.edu/sl/.

 

 

Personal Support

Resources to support students are available at every campus. To learn more, ask your professor or visit the campus Support Center. All resources and services are free and confidential. Some examples include, among others:

  

  • Food resources including community pantries and bank drives can be found here:

https://www.centraltexasfoodbank.org/food-assistance/get-food-now

A full listing of services for student parents is available at: https://www.austincc.edu/students/child-care

  • The CARES Act Student Aid will help eligible students pay expenses related to COVID-19: 

https://www.austincc.edu/coronavirus/cares-act-student-aid.   

 

Mental health counseling services are available throughout the ACC Student Services District to address personal and or mental health concerns: http://www.austincc.edu/students/counseling .

 

If you are struggling with a mental health or personal crisis, call one of the following numbers to connect with resources for help.  However, if you are afraid that you might hurt yourself or someone else, call 911 immediately.

 

Free Crisis Hotline Numbers:

  • Austin / Travis County 24-hour Crisis & Suicide hotline: 512-472-HELP (4357)
  • The Williamson County 24-hour Crisis hotline: 1-800-841-1255
  • Bastrop County Family Crisis Center hotline: 1-888-311-7755
  • Hays County 24 Hour Crisis Hotline: 1-877-466-0660
  • National Suicide Prevention Lifeline: 1-800-273-TALK (8255)
  • Crisis Text Line: Text “home” to 741741
    • Substance Abuse and Mental Health Services Administration (SAMHSA) National Helpline:   1-800-662-HELP (4357)
  • National Alliance on Mental Illness (NAMI) Helpline:1-800-950-NAMI (6264)

 

Some faculty may consider adding a student sign-off page at the end of the syllabus to be removed and handed back to the instructor providing evidence that the student received a copy of the syllabus and had an opportunity to ask questions, but such a page is optional.

 

 

 

“Please note that schedule changes may occur during the semester.  Any changes will be announced in class and posted as a Blackboard Announcement.”

 

ACCT 2302, Section 001, 26918

PRINCIPLES OF ACCOUNTING II - MANAGERIAL

Term:  Fall 2020

 

Chapter

Due Dates

Online Homework (Tentative)

Orientation and Chapter 1: Introduction to Managerial Accounting

 

Connect Orientation 

CH-1 Concept Overview 

Smartbook 

Homework  , Lab 

Chapter 1 Exam 

Chapter 2: Job-Order Costing

 

CH-2 Concept Overview 

Smartbook ,

Homework  , Lab 

Chapter 2 Exam 

 

Chapter 3: Process Costing

 

CH-3 Concept Overview 

Smartbook ,

Homework  , Lab 

Chapter 3 Exam 

Chapter 4: Activity-Based Costing and Cost Management

 

CH-4 Concept Overview 

Smartbook ,

Homework  , Lab 

Chapter 4 Exam 

Tests and/or Quizzes over Chapters 1-5

 

Mid-term Assessment Exam 

Chapter 5: Cost Behavior

 

CH-5 Concept Overview 

Smartbook ,

Homework  , Lab 

Chapter 5 Exam 

Chapter 6: Cost-Volume-Profit Analysis

 

CH-6 Concept Overview 

Smartbook ,

Homework  , Lab 

Chapter 6 Exam 

Chapter 7: Incremental Analysis for Short-Term Decision Making

 

CH-7 Concept Overview 

Smartbook,

Homework  , Lab 

Chapter 7 Exam 

Chapter 8: Budgetary Planning

 

CH-8 Concept Overview 

Smartbook ,

Homework , Lab 

Chapter 8 Exam 

 

 

 

 

 

 

 

 

Chapter 9: Standard Costing and Variances Analysis

 

CH-9 Concept Overview 

Smartbook ,

Homework  , Lab

Chapter 9 Exam 

Chapter 10: Decentralized Performance Evaluation

 

  CH-10 Concept Overview

Smartbook ,

Homework  , Lab 

Chapter 10 Exam 

Chapter 11: Capital Budgeting

 

CH-11 Concept Overview 

Smartbook ,

Homework  , Lab 

Chapter 11 Exam 

Comprehensive Problem

Final Assessment  Chapters 6 - 11

 

 

 

 

 

 


Readings

REQUIRED TEXT

Managerial Accounting, 5th ed. Whitecotton, Libby and Phillips, McGraw Hill Education

This course is part of ACC's "First Day Access” program. ACC has partnered with the bookstore and the publisher to provide you with digital course materials on the first day of class at a discounted rate.  The cost of the course materials will be included as an additional charge when you register.

 

If you participate in the "First Day Access" program, you will gain access to the eBook and Connect through my Blackboard site. You will use CONNECT for a variety of assignments including homework and labs. CONNECT is an integrated, online learning system that gives you 24/7 access to your study tools and required assignments. Connect’s study tools provide access to practice exams and tutorials, and generate a personalized study plan based on your exact needs.

 

If you acquire the eBook as part of your registration, you will have the option to buy a loose-leaf paper version of the book for $26.65 through the local Austin bookstores.

 

If you do not wish to participate in the program, you may "Opt Out". If you "Opt Out" of receiving and paying for your materials via this program, you will be responsible for obtaining those on your own. Instructions for “opting out” will be available on my Blackboard site.

 

Do not go to the publisher website to purchase this text or to join the trial period! You purchased both the eBook and Connect when you registered.

To recap, there are three options:

  1. All Digital Access at the time of registration: E-book and Connect.
  2. Digital Access with a Physical Textbook: Students who participate in the program will be eligible to purchase a low cost print upgrade in the ACC bookstore for approximately $26.65, plus tax.
  3. Independent purchase of textbook with Connect: If you have purchased a used textbook or have "Opted Out" of the program, you must still purchase an access code for Connect.

 

You must “bring” your eBook to class via a computer, tablet or smartphone or the paper copy if purchased.

 


Course Subjects

COURSE DESCRIPTION

This course is an introduction to communicating accounting information to internal users (enterprise managers).  It is a study of the fundamentals of managerial accounting.  There is an emphasis on accounting for a manufacturing concern, budgeting, planning, management decision making, and analysis of financial reports.

Topics also include cost behavior and control, product cost accumulation and pricing, and responsibility accounting.

 


Student Learning Outcomes/Learning Objectives

COURSE DESCRIPTION

This course is an introduction to communicating accounting information to internal users (enterprise managers).  It is a study of the fundamentals of managerial accounting.  There is an emphasis on accounting for a manufacturing concern, budgeting, planning, management decision making, and analysis of financial reports.

Topics also include cost behavior and control, product cost accumulation and pricing, and responsibility accounting.

COURSE RATIONALE:

The goals and objectives of this course prepare students to (1) complete degree requirements; (2) obtain or improve job skills; (3) qualify for a business or accounting job; (4) become an entrepreneur; (5) fulfill personal goals.

SCANS COMPETENCIES:

SCANS is the Secretary’s Commission on Achieving Necessary Skills. Please go to http://irt.austincc.edu/ids/curriculum/scans.php for complete definitions and explanation of SCANS.  This list summarizes the SCANS competencies addressed in this particular course.

  1. Student exhibits responsibility:  Exerts a high level of effort and perseverance toward goal attainment, works hard to become excellent at doing tasks by setting high standards, paying attention to details, working well and displaying a high level of concentration even when assigned an unpleasant task; and displays high standards of attendance, punctuality, enthusiasm, vitality and optimism in approaching and completing tasks. 
  1. Student acquires information:   Identifies need for data, obtains them from existing sources or creates them, and evaluates their relevance and accuracy. Competently performing the tasks for acquiring data and evaluating information includes posing analytical questions to determine specific information needs, selecting possible information and evaluating its appropriateness, and determining when new information must be created.     
  2. Student communicates information:  Selects and analyzes information and communicates the result to others using oral, written, graphic, pictorial, or multi-media methods. Competently performing the tasks of communicating and interpreting information to others includes determining information to be communicated, identifying the best methods to present information (i.e. overheads, handouts, etc.), and if necessary, converting to desired format and conveying information to others through a variety of means including oral presentation and written communication.

 


College Policies

Health & Safety Protocols

Operational areas of ACC campuses and centers are fully open and accessible through all public entrances.  ACC encourages staff, faculty, and students to be mindful of the well-being of all individuals on campus.  If you feel sick, feverish, or unwell, please do not come to campus.

Some important things to remember:

  • ACC encourages all students, faculty, and staff to get vaccinated. COVID-19 vaccines are now widely available throughout the community. Visit vaccines.gov to find a vaccine location near you.
  • The college’s Appian Health Screening App remains available to all visitors. This is a good way to check your health before coming to class or work. 
  • If you are experiencing COVID-19-related symptoms, get a COVID-19 test as soon as possible before returning to an ACC facility.  Testing is now widely available.  To find testing locations near you, click this link.
  • Face masks on campus are welcome, but not required. Face masks remain a good way to protect yourself from COVID-19.
  • Continue to respect the personal space of others. ACC encourages 3 feet of social distancing.
  • Carry your student, faculty, or staff ID badge at all times while on campus.

Visit ACC’s COVID-19 Information website for the latest updates and guidance.

Statement on Academic Integrity

ACC values academic integrity in the educational process. Acts of academic dishonesty/misconduct undermine the learning process, present a disadvantage to students who earn credit honestly, and subvert the academic mission of the institution. The potential consequences of fraudulent credentials raise additional concerns for individuals and communities beyond campus who rely on institutions of higher learning to certify students’ academic achievements, and expect to benefit from the claimed knowledge and skills of their graduates. Students must follow all instructions given by faculty or designated college representatives when taking examinations, placement assessments, tests, quizzes, and evaluations. Actions constituting scholastic dishonesty include but are not limited to: plagiarism, cheating, fabrication, collusion, falsifying documents, or the inappropriate use of the college’s information technology resources. Read more about the Academic Integrity Process.

Student Rights & Responsibilities

ACC students have the same rights and protections under the U.S. Constitution. These rights include freedom of speech, peaceful assembly, petition and association. As members of the community, students have the right to express their own views, but must also take responsibility for according the same rights to others and not interfere or disrupt the learning environment. Students are entitled to fair treatment, are expected to act consistently with the values of the college, and obey local, state and federal laws. Read about Student Rights and Responsibilities.

As a student of ACC, you are expected to abide by the Student Standards of Conduct

Senate Bill 212 and Title IX Reporting Requirements 

Under Senate Bill 212 (SB 212), all ACC employees are required to report any information concerning incidents of sexual harassment, sexual assault, dating violence, and stalking committed by or against an ACC student or employee. Federal Title IX law and college policy also require reporting incidents of sex- and gender-based discrimination and sexual misconduct. This means faculty and non-clinical counseling staff cannot keep confidential information about any such incidents that you share with them.

If you would like to talk with someone confidentially, please contact the District Clinical Counseling Team who can connect you with a clinical counselor on any ACC campus: schedule counseling online

While students are not required to report, they are encouraged to contact the Compliance Office for resources and options: Charlene Buckley, District Title IX Officer, at 512-223-7964 or compliance@austincc.edu.

If a student makes a report to a faculty member, the faculty member will contact the District Title IX Officer for follow-up.

Student Complaints

A defined process applies to complaints about an instructor or other college employee. You are encouraged to discuss concerns and complaints with college personnel and should expect a timely and appropriate response. When possible, students should first address their concerns through informal conferences with those immediately involved; formal due process is available when informal resolution cannot be achieved. 

Student complaints may include but are not limited to: issues regarding classroom instruction, college services and offices on the basis of actual or perceived race, color, national origin, religion, age, gender, gender identity, sexual orientation, political affiliation, or disability. 

Go to the Student Complaints page for further information about the complaints process, including the form used to submit complaints.

Statement on Privacy

The Family Educational Rights and Privacy Act (FERPA) protects confidentiality of students’ educational records. Faculty cannot provide grades over the phone, by email, or to a fellow student.

Recording Policy

To comply with the Family Education Rights and Privacy Act (FERPA), student recording of class lectures or other activities is generally prohibited without the explicit written permission of the instructor and notification of other students enrolled in the class section. Exceptions are made for approved accommodations under the Americans with Disabilities Act.  

Recording of lectures and other class activities may be made by faculty to facilitate instruction, especially for classes taught remotely through Blackboard Collaborate or another platform. Participation in such activities implies consent for the student to be recorded during the instructional activity. Such recordings are intended for educational and academic purposes only.

Safety Statement

Health and safety are paramount in classrooms, laboratories, and field activities. Students are expected to learn and comply with ACC environmental, health, and safety procedures and agree to follow ACC safety policies. Emergency Procedures posters and Campus Safety Plans are posted in each classroom and should be reviewed at the beginning of each semester. All incidents (injuries/illness/fire/property damage/near miss) should be immediately reported to the course instructor. Go to the Emergency Management page to learn about safety procedures and how to sign up for emergency alerts.

Everyone is expected to conduct themselves professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another may be immediately dismissed from the day’s activity and will be referred to the Dean of Student Services for disciplinary action.

In the event of disruption of normal classroom activities due to an emergency situation or an outbreak, the format for this course may be modified to enable completion of the course. Students will be provided an addendum to the class syllabus that will supersede the original version.

Campus Carry

The Austin Community College District concealed handgun policy ensures compliance with Section 411.2031 of the Texas Government Code (also known as the Campus Carry Law), while maintaining ACC’s commitment to provide a safe environment for its students, faculty, staff, and visitors. Beginning August 1, 2017, individuals who are licensed to carry (LTC) may do so on campus premises except in locations and at activities prohibited by state or federal law, or the college’s concealed handgun policy. 

It is the responsibility of license holders to conceal their handguns at all times. Persons who see a handgun on campus are asked to contact the ACC Police Department by dialing 512-223-7999. Please refer to the concealed handgun policy online on ACC’s Campus Carry webpage.

Discrimination Prohibited

The college seeks to maintain an educational environment free from any form of discrimination or harassment including but not limited to discrimination or harassment on the basis of race, color, national origin, religion, age, sex, gender, sexual orientation, gender identity, or disability.

College faculty are required to report concerns regarding sexual misconduct (including all forms of sexual harassment and sex and gender-based discrimination) to the Manager of Title IX/Title VI/ADA Compliance. Licensed clinical counselors are available across the District and serve as confidential resources for students.

Additional information about Title VI, Title IX, and ADA compliance can be found in the ACC Equal Opportunity Resource Guide.

Use of ACC email

All college email communication to students is sent solely to the student’s ACCmail account, with the expectation that such communications will be read in a timely fashion. ACC will send important information and will notify students of any college-related emergencies using this account. Students should only expect to receive email communication from their instructor using this account. Likewise, students should use their ACCmail account when communicating with instructors and staff. Information about ACC email accounts, including instructions for accessing it, are available at ACCmail: Questions & Answers.

Use of the Testing Center

The Testing Centers will allow only limited in person testing and testing time will be limited to the standard class time, typically one and one-half hours. Only the following are allowed in Testing Centers:

  • Student Accessibility Services (SAS) Testing: All approved SAS testing
  • Assessments Tests: Institutionally approved assessment tests (e.g., TSIA or TABE)
  • Placement Tests: Placement tests (e.g., ALEKS)
  • Make-up exams (for students who missed the original test): Make-up testing is available for all lecture courses but will be limited to no more than 25 percent of students enrolled in each section for each of four tests
  • Programs incorporating industry certification exams: Such programs (e.g., Microsoft, Adobe, etc.) may utilize the ACC Business Assessment Center for the industry certification exams (BACT) at HLC or RRC

Student Support Services

The success of our students is paramount, and ACC supports student success through a variety of services and opportunities for community engagement and personal growth. Find information about these services and resources on the Current Students webpage. View information about student support services.

Student Accessibility Services

ACC is committed to providing a supportive, accessible, and inclusive learning environment for all students. Each campus offers support services for students with documented disabilities. Students who need classroom, academic or other accommodations must request them through Student Accessibility Services (SAS).

Students are encouraged to request accommodations prior to the beginning of the semester, otherwise the provision of accommodations may be delayed.  Students who have received accommodations from SAS for this course will provide the instructor with the legal document titled “Faculty Notification Letter (FNL) through the Accessible Information Management (AIM) portal.

Until the instructor receives the FNL, accommodations should not be provided. Once the NAA is received, accommodations must be provided. Accommodations are not retroactive, so it is in the student’s best interest to request their accommodations as soon as possible prior to the beginning of the semester. 

Please contact SAS@austincc.edu for more information.

Academic Support

ACC offers academic support services on all of its campuses. Services including online tutoring, academic coaching, and supplemental instruction are free to enrolled ACC students. Tutors are available in a variety of subjects. Students may receive these services on both a drop-in and referral basis. 

Those interested can find more Information about online tutoring and fill out an Online Tutoring Request form.

Library Services

ACC Library Services offers in-person and extensive online services. Although all college services are subject to change, plans include ACC students signing up for study space and use of computers at open libraries, extensive online instruction in classes, online reference assistance 24/7 and reference with ACC faculty librarians.

In addition, currently enrolled students, faculty, and staff can access Library Services online (also 24/7) via the ACC Library website and by using their ACCeID to access all online materials (ebooks, articles from library databases, and streaming videos). ACC Libraries offer these services in numerous ways such as: “Get Help from a Faculty Librarian: the 24/7 Ask a Librarian chat service,” an online form for in-depth research Q and A sessions, one-on-one video appointments, email, and phone (voicemail is monitored regularly).

Student Organizations

ACC has more than 70 student organizations that offer a variety of cultural, academic, vocational, and social opportunities. They provide a chance to meet with other students who have the same interests, engage in service-learning, participate in intramural sports, gain valuable field experience related to career goals, and much else. Student Life coordinates many of these activities, and additional information is available on the ACC Student Life website.

Personal Support

Resources to support students are available at every campus. To learn more, ask your professor or visit the campus Support Center. All resources and services are free and confidential. A few examples include:

Mental health counseling services are available throughout the ACC Student Services District to address personal and or mental health concerns.

If you are struggling with a mental health or personal crisis, call one of the following numbers to connect with resources for help. If you are afraid that you might hurt yourself or someone else, call 911 immediately.

Free Crisis Hotline Numbers

  • Austin/Travis County 24 hour Crisis & Suicide hotline: 512-472-HELP (4357)
  • The Williamson County 24 hour Crisis hotline: 1-800-841-1255
  • Bastrop County Family Crisis Center hotline: 1-888-311-7755
  • Hays County 24 Hour Crisis Hotline: 1-877-466-0660
  • National Suicide Prevention Lifeline: 988 or 1-800-273-TALK (8255)
  • Crisis Text Line: Text “HOME” to 741741
  • Substance Abuse and Mental Health Services Administration (SAMHSA) National Helpline: 1-800-662-HELP (4357)
  • National Alliance on Mental Illness (NAMI) Helpline: 1-800-950-NAMI (6264) 
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Office Hours

T Th 3:00 PM - 7:00 PM Online by appointment.

NOTE https://calendar.google.com/calendar/u/0/appointments/schedules/AcZssZ3IkpCWKdlG0kiX4- eejJQWkGBXzvDpmYQyDePkNulvE4fP_anBv3YPbmZlKtcOC5sV_fxdmD4e Sign up to meet in our virtual classroom at this link!

Published: 11/17/2023 11:50:07