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NORTHERN ILLINOIS UNIVERSITY MBA PROGRAM ACCOUNTANCY 630 MANAGERIAL ACCOUNTING CONCEPTS HOFFMAN ESTATES SUMMER 2011 Instructor:

Barbara Hemme, MA MAR Contact Information: E-Mail: bhemme@NIU.EDU Phone: Office: 815-544-2177, Cell: 847-638-7444, Fax: 815-333-0511 Office Hours: Before or after class on site as needed, please notify me in advance. Blackboard Web Site: http://webcourses.niu.edu Text: Cost Accounting A Managerial Emphasis, by Horngren, Datar, Rajan, Ittner, and Foster, 13th Edition, Prentice-Hall, 2008 (ISBN #9780136126638): Also available are the optional Study Guide (ISBN # 9780136001485); and optional Student Solutions Manual. 2008 (ISBN# 9780138130428); available from the NIU bookstore. Also Required: Access to e-mail and Excel or comparable spreadsheet software. Prerequisite: Accountancy 505 (Financial Accounting Concepts) or equivalent.

Student Learning Objectives: Completion of this course should enhance a students ability to: 1. Demonstrate an understanding of management planning and control topics including the comparison of traditional and contemporary cost management approaches, cost terms and purposes, budgeting and responsibility accounting, standard costing and variance analysis, cost volume profit analysis, inventory costing, decision making and relevant information, transfer pricing and performance measurement. 2. Recognize ethical dilemmas related to management accounting and decision making. 3. Read and understand applied articles related to managerial accounting. 4. Communicate solutions in written form. 5. Utilize team skills and electronic collaboration techniques to complete an assigned work project. 6. Demonstrate the ability to solve relevant problems using Excel.
Course Conduct: The course is designed to review each chapter and assigned problems within the class period. Your participation in class discussions and questions regarding homework assignments are encouraged. It is your responsibility to get notes, handouts, etc, from a classmate. Attendance is important to success in this class.

Absences: It is the policy of the department that attendance is an integral part of the learning environment. You will be advised to drop this course and take it at another time if you miss two (2) class sessions. Homework Problems: Students are expected to read the text material and reasonably attempt all problems outside of class. Working assigned problems is essential for success in accounting. Problems should be done neatly using spreadsheet software. Problems designated with an asterisk (*) are required to be completed on a computer spreadsheet and deposited in the electronic drop box at http://webcourses.niu.edu not later than class time on the day of the class meeting. The file name should contain your initials and the problem number i.e. ABC22-17.XLS. Extra Credit: Problems available for extra credit are marked with a square. In class homework completed and turned in to the instructor by the due date will be awarded 1 point with a maximum of 26 points. Extra credit for chapters 1-6 will not be accepted after June 29 and extra credit for the remaining chapters will not be accepted after July 20. Extra credit assignments should be sent to the digital dropbox using the same format as homework problems. Writing Assignment: This assignment is designed to expose you to the process of finding information about new developments in the management accounting field and to present your findings to Senior-level management. Each student will prepare a portfolio of articles from current publications. These articles must be directly related to different topical areas of this class. Read each article and prepare a one-page executive summary of each article. You are to turn in the executive summary and a copy of the full article according to the style sheet. Your portfolio must contain 2 articles that will be awarded a maximum of 20 points. More details are available on the Portfolio assignment sheet. Examinations: The exams will be a combination of conceptual and computational questions. They will include material from the text, lecture, and homework problems. Exams will be taken on Blackboard. It is the students responsibility to utilize a computer system that facilitates taking the exam. Should you not have the appropriate equipment at home, the computer labs on campus are available for your use. Students who violate University policies on scholastic dishonesty will be strictly enforced. Cheating will result in disciplinary action. Grading: Exams: 2@75 pts ea Article Portfolio Excel Problems:10 @5 pts ea Budget Project Group Case Attendance Total

150 20 50 30 50 10 310

279 310 Points = A 248 278 Points = B 217 247 Points = C 186 216 Points = D Less than 186 Pts = F

CHANGES TO THIS SYLLABUS: Changes to this syllabus may be made from time to time. Any changes will be communicated during class. In addition, the revised copy will be posted to Blackboard, and an e-mail will also be sent.

Course Schedule Assignment material subject to change DATE June 13 June 15 June 20 June 22 June 27 June 29 Topics and Chapters Ch 1: The Accountants Role in the org. Ch 2: Cost Terms and Purposes NO CLASS Ch 3: Cost-Volume-Profit Ch 4: Job Costing Ch 5: Activity Based Costing and Mgmt. Ch 6: Master Budget/ Responsibility Acct. Assigned Problems are shown the day we will cover them during the class In class: 2-19, 2-21, 2-25,2-27, 2-39 In class: 3-19,3-27, 3-31, 3-45, 3-48 #, 3-49 Due in Digital Dropbox: 2-31* Due in Digital Dropbox:3-38&39*(Counts as 1) In class: 4-17, 4-19, 4-21, 4-28, 4-39, 4-40 Due in Digital Dropbox:4-32&33*(Counts as 1) In class: 5-17, 5-19, 5-21,5-23,5-25, 5-39 Due in Digital Dropbox: 5-35* In class 6-23, 6-24, 6-25, 6-30, 6-31,6-32,6-39 ALL EXTRA CREDIT HOMEWORK CHAPTERS 1-6 DUE AT BEG OF CLASS MUST BE TAKEN ONLINE BEFORE MIDNIGHT, JULY 5 NO CLASS Due in Digital Dropbox:6-33&34*(Counts as 1) In class: 7-17,7-19,7-21,7-23,7-35,7-39

June 29 July 5 July 4 July 6 July 11 July 13 July 18 July 20

Mid Term Exam Chapters 1-6 FOURTH OF JULY Ch 7: Flexible Budgets, Variances Ch 13: Balanced Scorecard (pgs. 466-474) Ch 11: Relevant Info & Decision Making Ch 13: Strategy and Strategic Profitability Analysis Ch 20: Inventory Management and JIT Ch: 22: Controls, Transfer Pricing

Portfolios Due
Due in Digital Dropbox: 7-41* In class: 11-22,11-24,11-25, 11-39, 11-41 Due in Digital Dropbox: 11-33* In class: 13-16,13-17,13-18, 13-20, 13-21,13-35 Due in Digital Dropbox: 13-19* BUDGET PROJECT DUE In class: 20-18, 20-19,20-26, 20-31,20-32 Due in Digital Dropbox: 20-27* In class: 22-17, 22-21,22-25, 22-35 ALL EXTRA CREDIT HOMEWORK CHAPTERS 7,11,13,20,22 DUE AT BEG OF CLASS

July 25

Group Presentations

Final Case Solution is Due

Due in Digital Dropbox: 22-19* July 20 Final Exam Chapters 7, 11, 13, 20, 22 MUST BE TAKEN ONLINE BEFORE July 27 MIDNIGHT, JULY 27 NO CLASS MEETING Starred (*) problems are to be done on Excel with the templates provided and deposited in the Blackboard Digital Drop Box by class time, the day they are due. Be sure to use the send option when submitting through the Digital Drop Box.

FINAL CASE PROJECT: Students will complete one group case worth 50 points. This case will be presented by the groups on July 25. Collaborative group work space will be provided on the course Blackboard website. This project will be discussed in class during the semester. BUDGET PROJECT: Each student will be given a small portion of the Illinois State budget for analysis. It is expected that the student will read the Strategic Initiatives and Priorities and the Performance Measures that pertain to their assigned section. Then using the principles and theories learned in class about budgeting and analysis, the student will analyze and make recommendations for improvements. Deliverables will be an Excel spreadsheet quantitative analysis of the budget (1 page) along with a qualitative review and recommendations (Max. 3 pages, double spaced).
PORTFOLIO STYLE SHEET:

1. Choose 2 articles that relate to topics covered in this course. Use academic/professional journal
articles or case studies. Only one article per chapter topic allowed.

2. For each article you are to turn in a one page executive summary and a copy of the full article.
Executive summaries should be at least 2/3 page long. If you cannot write a summary this long, the article is probably too short and another should be chosen. Include a final section on how this article relates to your work or organization. You may also include your opinion in this section. Maximum points are gained when you include the above as well as bring in theories from the text. 3. Single-spaced throughout.

4. You MUST use good form in citing and referencing. This includes references with complete
titles, author(s), and date of publication, journal and page numbers.

5. PROOFREAD YOUR WORK. Points will be deducted for mistakes in grammar, spelling,
citations, etc. 6. SEE THE STYLE SHEET NEXT PAGE FOR ADDITIONAL INFORMATION

7. PORTFOLIOS WILL BE DUE JULY 11, NO EXCEPTIONS. THEY MAY BE HANDED


IN EARLY.

Your name, Accy 630, Summer, 2011 "Name of the Article", Authors name Journal Name, issue, date Topical area from this course the article comes from Article Summary: (use headers in your write-ups) 11 pt. font max., 1" margins

Your summary of article should be about 2/3 of the page: Use paragraph style not bullet points. Your write-up should be able to fill 1 page with 1" margins @ 11 pt font. If not the article is probably too short! Topics of articles must be from this course - cost/management accounting. Refer to chapter topical listing. Examples of acceptable topics for articles would be: job costing, costvolume-profit, Activity Based Costing, budgeting, relevant cost decision-making, pricing and profitability, inventory, transfer pricing, balanced scorecards. No chapter 1 topics, business fraud, financial reporting, or general accounting articles may be used. Portfolios must contain at least 2 articles from the literature of cost/management accounting. If the article is from the Internet - the full article must be used - no summaries or abstracts. Sources must vary. You must find articles from two different topical areas from this course only. (This means cost/managerial only) Short, summary articles are not acceptable; articles must be at least 3 full pages in length. A maximum of one company case studies are acceptable. Your write up should fill the page with no more than 1 margins! Short or abbreviated write-ups will be awarded abbreviated credit. You should be able to fill one page, single spaced with your write-up of each article. Analysis and Opinion: (about to 1/3 of the page) This section should contain your analysis and reactions to the article and how the content might apply to a real life situation. It is expected that students will apply theories learned in class or in the textbook to these articles as part of the analysis.

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