STUDENT RESOURCE MANUAL for MANAGEMENT ACCOUNTING: A ROAD OF DISCOVERY , James T. Mackey and Michael Thomas, Southwestern Publishing Co., 2000 .

COURSE OBJECTIVES

This course covers cost and managerial accounting systems used in modern companies. Cost accounting systems generally support the needs of Financial Accounting Systems. Managerial accounting is, on the other hand, not required by GAAP. Managerial accounting systems are designed to support management's goals of creating and maintaining corporate value.

Students first must clearly understand good management practices and then examine how accounting can support these practices.

Students are expected to have read the relevant chapters before class.

After successfully completing Accountancy 2, students should have an introductory knowledge of:

• How managers use accounting information to plan and control resources to achieve the organization's strategic and operational objectives.

• How managers use accounting information to motivate employees and to evaluate their performance.

• The data measurement, communications, and system problems encountered in developing relevant accounting information for making efficient and effective economic decisions.

Given the large size of these classes the instructor reserves the right to modify this syllabus on an as needed basis.

Accountancy 2

Fall 2008

Dr. James Mackey

	Subject	Homework
Sept 3	Introduction	Read pgs 40-48
Sept 8	Ch.1 What is Management Accounting? How do companies create value? H ard data v. Soft data – Direct Labor, direct materials & overhead Product vs period costs
Sept 10		Ch.1 Q2,4,17 I2
Sep. 15	Ch.3 How much profit can we make? M anagement by the Numbers! K now Your Business or it's a Shame ‘cause Profit and Value just ain't the Same!	Read pgs 60-77
Sept.17		Q4,11,13,16, 17,19; P6,P8,I2
Sep. 22	Ch.5 How do things really work? Accumulating product costs. O ne Best Way ! K eep Busy All the Time! P roducts Consume Capacity & Capacity Consumes Resources!
Sep.24		Q7,15,20,22; P6,11,15 Read pgs 142-160; pgs 168-170
Sep. 29	Ch.6 Are we Following the Plan? The need for variance Analysis. Management by Exception (MBE) I f it isn't Broken don't Fix it!
Oct 1		Q1,4,6,7,13, 18;P11,12,13 Read Pgs.185-190;pgs 194-198.
Oct. 6	First Examination
Oct. 8	Examination Review
Oct. 13	Ch.7 But, what if we do? D ifferent Costs for Different Purposes.
Oct. 15		Q1,4,10,12; P2,3,14 Slides:1-3,8-14,26,30-34 Read pgs 224-240; pgs 246-249
Oct. 20	Ch.8 Will our people do this? W hat gets Measured Gets Done
Oct. 22		CH.7 P.7,8,9 Q.1,4,8,10
Oct. 27	Ch.9 What did it really cost us? Activity-based costing. P roducts consume activities & activities consume resources!
Oct. 29		Q2,4,5,8 P3, 8,11 Read pgs 311-318; pgs 320-324.
Nov. 3	Ch. 10 Should we start all over? Strategic cost management. V alue from Cradle to Grave C ore Competencies
Nov. 5		Q1,4,9, 11;P1,2,4,5,9 Read pgs 350-364;
Nov 10	Review -
Nov. 12	Second Examination
Nov. 17	No Class Veterans Day
Nov. 19	Examination Review
Nov. 24	Ch. 11 How do we begin the improvement process? Total quality management (TQM) and continuous improvement. D o it right the first time! Q uality is Free!
Nov. 26		Q2,4,6,7,9; P3,4,5,7,8 Read pgs 389-403;
Dec 1	Ch. 12 Which process should we improve first? P areto or 80:20 Management. T hroughput Management.
Dec 3		To be assigned
Dec 8	Review
Dec 10	Third Examination

GRADING POLICIES

There will be three examinations. Each counts for one third of your grade. The guaranteed A for this class is any combined score averaging at least 85%; B's start at 75% and a C- starts at 65%. Averages below this are considered Ds and Fs at the instructor's discretion.

CLASS ROOM AND COURSE MANAGEMENT

This schedule is tentative only. The instructor reserves the right to make changes in response to learning contingencies. The course will use a partial web format. After the first few weeks selected lectures will be placed on the website. This will only be for the lecture portion of the class. Homework attendance will be expected.

Laptop and cell phone regulation: No photographing, recording or text messaging is allowed without permission of the instructor.

“If you have a disability and require accommodations, you need to provide disability documentation to SSWD, Lassen Hall 1008, (916) 278-6955. Please discuss your accommodation needs with me after class or during my office hours early in the semester."

View the course schedule.

View a sample online module.

last updated: 01/01/2003

Dr. James Mackey

Accountancy Two :: syllabus

H ard data v. Soft data –

O ne Best Way !

Q2,4,5,8

P3, 8,11

Read pgs 311-318; pgs 320-324.

GRADING POLICIES