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Spring 2023 Course Syllabus
Course: ACCT-2302 (Section: 01H, CRN: 10221) Principles of Managerial Accounting |
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| Instructor Information | |||||||||
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| Instructor | Tamalla Jones | ||||||||
| greentd1@lamarpa.edu | |||||||||
| Phone | (409) 984-6381 | ||||||||
| Office | Umphrey Industrial Technology Center - Room: 201 | ||||||||
| Office Hours | By Appointment | ||||||||
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| Course Information | |||||||||
| Description | This 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. | ||||||||
| Required Textbooks |
Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.
College Accounting, A Practical Approach plus MyAccounting Lab with Pearson e-Text? access Card Package, 14/E, by Jeffrey Slater, 14th edition, Prentice Hall, ISBN: 9780134833187. |
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| Additional Materials/Resources | None. | ||||||||
| Corequisites/Prerequisites | Successful Completion of ACCT 2301 | ||||||||
| Learning Outcomes | Upon successful completion of this course, the student will be able to: 1. Critical Thinking Skills ? Uses creative thinking, innovation, inquiry and analysis, evaluation and synthesis of information. 2. Communication Skills ? Demonstrates effective development, interpretation and expression of ideas through written, oral and/or visual communication. 3. Empirical and Quantitative Skills ? Applies the manipulation and/or analysis of numerical data or observable facts resulting in informed conclusions. 4. Teamwork Skills ? Shows the ability to consider different points of view and to work effectively with others to support a shared purpose or goal. 5. Social Responsibility Skills ? Expresses intercultural competence, knowledge of civic responsibility, and the ability to engage effectively in regional, national, and global communities. 6. Personal Responsibility Skills ? Integrates choices, actions and consequences in ethical decision-making. | ||||||||
| Core Objectives | 1. Define accounting terminology, list the functions of accounting, and record transactions in the basic accounting equation. Measured by embedded questions in tests or quizzes as well as pretest and post-test. 2. Develop and communicate the application of problem solving skills in routine and non- routine accounting transaction such as preparing income statements, balance sheets, T-accounts, trial balance, journalizing, worksheets, adjusting entries, closing entries, reconciling a bank statement, calculating gross pay, payroll taxes, and preparing Forms W-2, W-3, 941 and 940. Measured by embedded questions in test, quizzes, and homework) 3. Gain a working knowledge of how revenue, expenses, and withdrawals expand the basic accounting equation. Measured by embedded questions in tests, homework, and quizzes. 4. Recognize, solve, and apply accounting transactions using (GAAP) Generally Accepted Accounting Principles. Measured by embedded questions in test, quizzes, and homework. | ||||||||
| Lecture Topics Outline |
Week1 Course Introduction Week2 Chapter13: Accounting for BadDebts Week3 Chapter14: Notes Receivable and Notes Payable Week4 Chapter15: Accounting for MerchandiseInventory Week5 Chapter16: Accounting for Property, Plant, Equipment, and IntangibleAssets Week6 Chapter17: Partnership Week 7 Chapter 18: Corporations: Organizations and Stock Week 8 Chapter 19: Corporations: Stocks, Dividends, and Retained Earnings Week 9 Spring Break Week 10 Chapter 20: Corporations and Bonds Payable Week 11 Chapter 21: Statement of Cash Flows Week 12 Chapter 22: Analyzing Financial Statements Week 13 Chapter 23: The Voucher System Week 14 Chapter 24: Departmental Accounting Week 15 Chapter 25: Manufacturing Accounting Week 16 Week 17 |
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| Major Assignments Schedule |
Week 1 Course Introduction Week 2 Chapter 13: Accounting for Bad Debts Week 3 Chapter 14: Notes Receivable and Notes Payable Week 4 Chapter 15: Accounting for Merchandise Inventory (Monday Feb. 06, 2023 at 12:00 am Exam 1 Chapters 13-15 Available to students) Week 5 Chapter 16: Accounting for Property, Plant, Equipment, and Intangible Assets (Monday Feb. 13, 2023 at 11:59pm Exam 1 Chapters 13-15 Due) Week 6 Chapter 17: Partnership Week 7 Chapter 18: Corporations: Organizations and Stock Week 8 Chapter 19: Corporations: Stocks, Dividends, and Retained Earnings (Monday Mar. 06, 2023 at 12:00 am Exam 2 Chapters 16-18 Available to students) Week 9 Spring Break Week 10 Chapter 20: Corporations and Bonds Payable (Monday Mar. 20, 2023 at 11:59pm Exam 2 Chapters 16-18 Due) Week 11 Chapter 21: Statement of Cash Flows Week 12 Chapter 22: Analyzing Financial Statements Week 13 Chapter 23: The Voucher System (Monday Apr. 10, 2023 at 12:00 am Exam 3 Chapters 19-21 Available to students) Week 14 Chapter 24: Departmental Accounting (Monday Apr. 17, 2023 at 11:59 pm Exam 3 Chapters 19-21 Due) Week 15 Chapter 25: Manufacturing Accounting Week 16 Review (Monday May. 01, 2023 at 12:00 am Final Exam Chapters 22-25 Available to students) Week 17 Final Exam (Monday May. 08, 2023 at 11:59pm Final Exam Chapters 22-25 Due) |
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| Final Exam Date | May 8, 2023 - 8:0 AM Through May 8, 2023 - 10:0 AM | ||||||||
| Grading Scale | 90 - 100=A 80 - 89=B 70 - 79=C 60 - 69=D Below 59 = F | ||||||||
| Determination of Final Grade |
Exams 65% Homework 35% |
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| Course Policies | |||||||||
| Instructor Policies | Homework will be administered through myaccountinglab. There is a link to the website provided in blackboard. The homework will be graded and it is a requirement for this course. I will average all your homework grades together from myaccountinglab and it will count as one grade. Make-Up Work and Exams: All exams will be administered on the regular scheduled test dates. All exams will be administered thru blackboard by clicking on the Exams Link. Under no circumstances will an absence, for any reason, excuse the students from completing all exams assigned in the course. Exams usually include multiple choice, problems, and True/False questions. Some exams may consist of completing a problem at the end of the chapter and you will be given one and a half hour (90 minutes) to take your exam Students must use appropriate e-mail etiquette when corresponding with instructor; for example, complete sentences and a full subject line with your name/course name. Please allow the instructor twenty-four hours to respond to your emails. Voice mail messages should be clearly spoken identifying student?s name, course, and any return phone number. | ||||||||
| Attendance Policy | Poor attendance is a leading reason for termination from a job in all areas of employment. With this factor in mind, the instructor monitors student attendance daily. In addition, attendance on a regular basis is necessary for proper skill development. Students are responsible for completing all assigned homework, including reading assignments, by the required due dates and for being prepared for each class meeting. This applies even if you were absent from the previous class meeting. | ||||||||
| Additional Information | |||||||||
| Institutional Policies | |||||||||
| MyLSCPA | Be sure to check your campus email and Course Homepage using MyLSCPA campus web portal. You can also access your grades, transcripts, academic advisors, degree progress, and other services through MyLSCPA. | ||||||||
| Academic Honesty | Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSCPA policies (Academic Dishonesty section in the Student Handbook) for consequences of academic dishonesty. | ||||||||
| ADA Considerations | The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241. | ||||||||
| COVID 19 Information | The Lamar State College Port Arthur (LSCPA) Student Code of Conduct COVID 19 Policy requires students who have been diagnosed with COVID 19 to report their condition directly to their local health department. Students should also contact their course faculty to report their quarantine status. In addition, this policy requires all students to wear face coverings when directly exposed to COVID 19 in compliance with the criteria included in the policy. For more information please refer to the COVID 19 link on the LSCPA website. | ||||||||
| Facility Policies | No food or tobacco products are allowed in the classroom. Only students enrolled in the course are allowed in the classroom, except by special instructor permission. Use of electronic devices is prohibited. | ||||||||
| HB 2504 | This syllabus is part of LSCPA's efforts to comply with Texas House Bill 2504. | ||||||||
| Mandatory Reporting of Child Abuse and Neglect | As per Texas law and LSCPA policy, all LSCPA employees, including faculty, are required to report allegations or disclosures of child abuse or neglect to the designated authorities, which may include a local or state law enforcement agency or the Texas Department of Family Protective Services. For more information about mandatory reporting requirements, see LSCPA's Policy and Procedure Manual. | ||||||||
| Title IX and Sexual Misconduct | LSCPA is committed to establishing and maintaining an environment that is free from all forms of sex discrimination, including sexual harassment, sexual violence, and other forms of sexual misconduct. All LSCPA employees, including faculty, have the responsibility to report disclosures of sexual misconduct, including sexual harassment, sexual assault (including rape and acquaintance rape), domestic violence, dating violence, relationship violence, or stalking, to LSCPA's Title IX Coordinator, whose role is to coordinate the college's response to sexual misconduct. For more information about Title IX protections, faculty reporting responsibilities, options for confidential reporting, and the resources available for support visit LSCPA's Title IX website. | ||||||||
| Clery Act Crime Reporting |
For more information about the Clery Act and crime reporting, see the Annual Security & Fire Safety Report and the Campus Security website. |
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| Grievance / Complaint / Concern | If you have a grievance, complaint, or concern about this course that has not been resolved through discussion with the Instructor, please consult the Department Chair. | ||||||||
| Department Information |
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