Faculty Syllabus

To successfully complete this course, students are expected to meet the following requirements:

1. Prerequisite

• Completion of ACCT 2301 – Principles of Accounting I (Financial Accounting) or its equivalent with a grade of C or better.

2. Required Textbook and Access

• Textbook: Managerial Accounting, 5th Edition, by Whitecotton, Libby, and Phillips (McGraw Hill Education).

• This course is part of ACC’s “First Day Access” program.

  • Students automatically receive digital access to the eBook and Connect (McGraw Hill’s interactive platform).

  • If “opted out,” students must purchase Connect access independently.

• Students must access course materials through Blackboard → Connect and bring the eBook or printed copy to each class.

3. Technology Requirements

• Reliable access to a computer, webcam, microphone, and internet connection.

• Use of Blackboard and McGraw Hill Connect is required for:

  • Homework

  • Quizzes and Exams

  • Lab Assignments

  • Announcements and Grades

• Students are expected to check Blackboard and ACC email regularly.

4. Course Components and Grading Breakdown

Grading Scale:

5. Exams and Quizzes

• All exams are proctored using Proctorio within Blackboard.

• Exams and quizzes are timed and available only during a posted testing window.

• No make-up exams or quizzes unless the student contacts the instructor before the testing window closes.

• Departmental Midterm and Final Assessments are required and count toward the proctored exam total.

6. Lab Assignments

• Labs are graded activities worth 80 points total (10%) of your course grade.

• Conducted through Blackboard/MyAccountingLab (Connect).

• Only 10 out of 11 labs are required—students may choose which 10 to complete.

• No make-up labs are permitted.

7. Comprehensive Problems

• Worth 80 points (10%).

• Instructions are provided during class.

• Must be submitted by the posted due dates; no make-ups.

8. Homework

• Homework must be completed in Connect by 11:55 p.m. on the due date.

• Connect automatically grades submissions and provides feedback.

• Late homework is not accepted unless prior arrangements are made.

9. Class Activities

• May include group work, problem-solving, and participation exercises.

• Participation is required for full credit.

• No make-up activities will be offered.

10. Attendance and Participation

• This is a synchronous course:

  • Lecture: Mondays and Wednesdays, 9:00 a.m. – 12:40 p.m.

  • Lab: Mondays and Wednesdays, 12:50 p.m. – 2:00 p.m.

• Attendance and participation are mandatory for both lecture and lab.

• Regular log-ins, camera use, and engagement in Blackboard Collaborate Ultra are required.

11. Academic Integrity and AI Policy

• Use of Generative AI tools (e.g., ChatGPT, Copilot) for assignments or exams is prohibited.

• Violations may result in a failing grade and disciplinary action.

12. Withdrawal and Incompletes

• Students are responsible for formally withdrawing if they stop attending.

• Final Withdrawal Date: April 27, 2026.

• Incompletes (“I”) are granted only for documented extenuating circumstances and must be completed before the end of the following semester.

13. Student Support

• Free tutoring, technology lending, and academic support are available through Student Technology Services and ACC Online Tutoring.

• Students needing accommodations should contact Student Accessibility Services (SAS).

Students are required to complete all assigned chapter readings before class sessions to ensure they are prepared to participate in discussions, problem-solving activities, and labs. Reading assignments correspond directly to the chapter lectures, homework, and lab activities.

Weekly Reading & Lecture Sequence

Lab Schedule

Only 10 labs are required during the semester (students may choose which 10 of 11 to complete). Each lab is worth 8 points, for a total of 80 points (10% of total grade).

Total: Complete 10 labs for a total of 80 points.

This course provides a continuation of financial accounting principles with a focus on managerial accounting concepts used by internal decision-makers. Topics include cost classification, analysis, and control for planning and decision-making purposes.

Students will explore the following major subject areas throughout the term:

1. Managerial Accounting Fundamentals

   • Role of managerial accounting in business

   • Comparing managerial vs. financial accounting

   • Ethics in managerial decision-making

2. Cost Concepts and Systems

   • Job Order Costing

   • Process Costing

   • Activity-Based Costing (ABC)

3. Cost Behavior and Analysis

   • Variable, fixed, and mixed costs

   • High-low method and contribution margin analysis

   • Cost-Volume-Profit (CVP) relationships

4. Budgeting and Performance Evaluation

   • Master, sales, production, and cash budgets

   • Variance analysis and standard costing

   • Decentralization and responsibility accounting

5. Decision-Making Tools

   • Incremental analysis for special decisions

   • Make-or-buy, accept/reject, and pricing decisions

   • Capital budgeting and investment analysis techniques

6. Reporting and Analysis

   • Performance measurement and ROI

   • Financial statement interpretation for internal users

   • Managerial use of Excel and Tableau for data-driven decisions

Student Learning Outcomes (SLOs) / Learning Objectives (LOs)

Course-Level Student Learning Outcomes (SLOs)

Upon successful completion of this course, students will be able to:

1. Explain the role and purpose of managerial accounting in providing information for planning, controlling, and decision-making within business organizations.

2. Apply cost accounting concepts to classify and record product, period, fixed, variable, and mixed costs.

3. Prepare and analyze cost accounting reports, including job order costing, process costing, and activity-based costing systems.

4. Perform cost–volume–profit (CVP) analysis to evaluate the impact of cost behavior on profitability.

5. Develop operational budgets and use variance analysis to evaluate performance and cost control.

6. Use incremental and differential analysis to make short-term business decisions (e.g., make-or-buy, special orders, and pricing).

7. Evaluate long-term capital investment opportunities using net present value (NPV), internal rate of return (IRR), and other capital budgeting tools.

8. Interpret and communicate managerial accounting information effectively for business decision-making through written, oral, and quantitative methods.

9. Integrate ethical considerations into managerial decisions and demonstrate professional judgment in analyzing accounting data.

Supporting Learning Objectives (LOs) by Chapter

Core Competencies (Aligned with SCANS and Institutional Goals)

Students completing this course will demonstrate proficiency in:

• Critical Thinking and Problem Solving: Applying analytical and quantitative reasoning to business scenarios.

• Communication: Explaining accounting concepts clearly through written, oral, and digital formats.

• Empirical and Quantitative Skills: Using numerical data to draw conclusions and support decisions.

• Teamwork: Collaborating with peers to analyze cases and present managerial recommendations.

• Ethical Decision-Making: Applying ethical frameworks to managerial and financial decisions.