ACC 1110 Introductory Managerial Accounting Summer 2015 UNIVERSITY OF MANITOBA

UNIVERSITY OF MANITOBA
I. H. Asper School of Business
Department of Accounting and Finance
ACC 1110
Introductory Managerial Accounting
Summer 2015
Instructor:
Office:
Phone #:
Office Hours:
E-mail:
Cindy Driedger, B.A
362
204-260-2200
Tuesday/Thursday 9:30-10pm or by appointment
[email protected]
Assigned Material
1)
Garrison et al. Managerial Accounting, Ninth Canadian Edition, McGraw Hill
Ryerson, 2012. ISBN 0-07-040189-6.
2)
McGraw Hill Connect site. Do not throw away the Connect access code card
that comes with your new textbook. You will need it to access the Connect site
for doing the on-line assignments and to access practice questions and other
resources. Note: Anyone who has taken the course in the last year should still be
able to access their Connect account. It is active for 360 days from the beginning
of the time of activation. Please speak to the Connect rep if you have difficulty
getting your access to Connect to work, or call the 1-800 number on the
card/website.
Objectives of the Course
This first course in managerial accounting introduces students to the use of accounting
information for internal management decision-making. The internal user focus is a notable
contrast to the emphasis in financial accounting of reporting the results of a company’s
operations to external users. The course is designed from the perspective of the general
manager, and its primary purpose is to develop the ability to use rather than to prepare
accounting information.
Specifically, this course should help you to:
 Understand how basic cost concepts are applied to develop costing systems that will
determine the cost of a company’s products or services. Accurate cost data is an
essential prerequisite for proper managerial decision-making.
 Understand and apply management accounting concepts and techniques in order to
make wise choices between competing alternatives. This requires the ability to extract
relevant information from accounting records, reports, or statements, and properly use
this information.
 Understand basic concepts of management control systems and utilize these concepts
in evaluating the performance of managers, products, or economic units.
The course will also address the following learning goals:
 Ethics: students will be exposed to ethical situations in assigned homework questions
and classroom discussions
 Communications: students will be encouraged to participate in classroom discussions
and will be evaluated on written communication on examination papers.
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Quantitative methods: students will develop skills in basic quantitative analyses in
assignment homework questions and classroom activities
Critical thinking: students will be expected to determine which decision analyses are
required in various situations, the underlying assumptions and limitations of the
analyses, and what additional information should be considered.
Course Website
The course will be set up in Desire2Learn (D2L). Here you will find lecture notes (Power Point or
Word), assignments, textbook solutions, and other resources. Follow the instructions below to
log on to D2L:
1. The D2L website address is: https://www.umanitoba.ca/d2l
2. Sign in using your University of Manitoba UMnetID. (If you do not have a UMnetID, go
to the Iridium website at:
https://iridium.umanitoba.ca/ and click on Create UMnetID.
3. From your Summer 2015 list of courses, click on ACC-1110.
If you have not already done so, you should set your D2L profile to forward mail to the email
address you use most often. That way, any course announcements will be sent to that email
address.
Mark Allocation Midterm
36%
Connect assignments (all due by June 1 at midnight)
Chapter 2
2%
Chapter 3
2%
Chapter 5
2%
Chapter 6
2%
8%
Quizes (best 3 out 4)
Chapter 7
Chapter 8
Chapter 9
Chapter 10 or 11
6%
Final Exam
50%
Total
100%
:
Course Lab
Thursdays 4-6:30pm
Attendance to the course lab is STRONGLY ENCOURAGED, but attendance is not
mandatory. Attendance may be taken in the lab for purposes of evaluating the
usefulness of labs, but will not affect your grade in the course.
End of Chapter Questions:
The Connect assignments are NOT sufficient preparation for this course. This course
outline also includes a list of suggested chapter questions that should to be done at the
end of each chapter or will be discussed in class as time permits. These questions are
designed to allow students to review lecture material and to practice applying knowledge
of each subject area.
Students may benefit from working on questions with a study partner or in a small group.
This will help ensure completeness of your individual responses. Questions will not be
handed in for grading. Solutions will be made available to students for all questions. It
is each student’s responsibility to check their own responses against solutions in detail
and to identify areas where improvement is necessary. Any persistent difficulties should
be discussed with the instructor.
Connect Assignments
Connect assignments are mandatory-there are four in total, see tentative course
schedule for due dates. You will receive full credit as long as you achieve a score of
70% or better on the assignment. Questions can be re-done without penalty.
Examinations:
Students are allowed to bring one 8.5 x 11 inch sheet, handwritten on one side only,
into the midterm examination. It will not be necessary to submit this sheet with the
examination. For the final examination, students are allowed to bring one 8.5 x 11 inch
sheet, handwritten on both sides. It will be necessary to submit this sheet with the
examination. Calculators must be non-programmable and cannot have text storage
capacity. Cell phones are not permitted. You must bring your student ID card to the
exam.
Students who miss mid-term examinations for legitimate reasons (medical (which
requires a signed doctor's note), compassionate, or university sports team travel) will
have the weight put on the final exam. In all cases of absence the instructor should be
advised within 7 days of the examination date and receive suitable documentation.
Students who miss the final examination must apply to the Undergraduate Program
Office, Room 268 Drake, for possible deferred examination privileges.
Any requests for re-reads of a mid-term examination must be made in writing within 10
working days of the class when it was returned.
ACC 1110 TENTATIVE TIMETABLE
Tuesday
Thursday
Tuesday
Thursday
Tuesday
Thursday
Tuesday
Thursday
May 5
May 7
May 12
May 14
May 19
May 21
May 26
May 28
Chapter 1 & 2
Chapter 2 & 3
Chapter 5
Chapter 6
Chapter 7
Chapter 8 & chapter 7 quiz
Midterm review & chapter 8 quiz
Lab only - Lecture cancelled
Tuesday
Thursday
Tuesday
Thursday
Tuesday
Thursday
June 2
June 4
June 9
June 11
June 16
June 18
Midterm 7-9:30pm
Chapter 9
Chapter 10 - chapter 9 quiz
Chapter 11 - chapter 10 quiz (if chapter 11 quiz cancelled)
Chapter 12 - chapter 11 quiz (if chapter 10 quiz cancelled)
Chapter 12/final review (if time permits)
Saturday
June 20
Final exam - check Aurora for the exact date and time
For specific course content and guidance on homework questions and questions covered in the
lecture, please look at the course content in D2L.
Course Conduct
Students are expected to complete the text reading and review assigned homework problems
prior to class. You should bring your textbook to class with you so you can see the question in
front of you: generally, most students are not able to see the question on the projector screens
well. “Quick Check” questions from the power point slides will be taken up in class so you
should have those with you in class as well. Laptops, iPads, and other electronic devices are
allowed in the classroom, however, must be used for class material and discussion purposes.
Students are expected to behave in a courteous and professional manner in all dealings with
both their fellow students and the professor both in and outside of class. Students who exhibit
behaviours that detract from the quality of the class (e.g., regularly arriving late or leaving
early, talking to classmates during class, answering cell phones, obviously reading material
unrelated to the class, listening to ipods) may be asked to correct their behaviour, move to
another seat, or be asked to leave the classroom.
Academic Integrity
The faculty rules for academic integrity are appended to this document, and should be read
carefully. Penalties vary with circumstances, but the typical penalty for a first time offence
includes an F in the course with a notation on the transcript and being barred from taking any
courses in the I.H. Asper School of Business for a period of six to eight months.
Academic Integrity
It is critical to the reputation of the I. H. Asper School of Business and of our degrees that
everyone associated with our faculty behaves with the highest academic integrity. As the
faculty that helps create business and government leaders, we have a special obligation to
ensure that our ethical standards are beyond reproach. Any dishonesty in our academic
transactions violates this trust. The University of Manitoba Undergraduate Calendar addresses
the issue of academic dishonesty under the heading “Plagiarism and Cheating.” Specifically,
acts of academic dishonesty include, but are not limited to:
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using the exact words of a published or unpublished author without quotation marks and
without referencing the source of these words
duplicating a table, graph or diagram, in whole or in part, without referencing the source
paraphrasing the conceptual framework, research design, interpretation, or any other
ideas of another person, whether written or verbal (e.g., personal communications, ideas
from a verbal presentation) without referencing the source
copying the answers of another student in any test, examination, or take-home assignment
providing answers to another student in any test, examination, or take-home assignment
taking any unauthorized materials into an examination or term test (crib notes)
impersonating another student or allowing another person to impersonate oneself for the
purpose of submitting academic work or writing any test or examination
stealing or mutilating library materials
accessing tests prior to the time and date of the sitting
changing name or answer(s) on a test after that test has been graded and returned
submitting the same paper or portions thereof for more than one assignment, without
discussions with the instructors involved.
Group Projects and Group Work
Many courses in the I. H. Asper School of Business require group projects.
Students should be aware that group projects are subject to the same rules
regarding academic dishonesty. Because of the unique nature of group projects, all
group members should exercise special care to insure that the group project does
not violate the policy on Academic Integrity. Should a violation occur, group
members are jointly accountable unless the violation can be attributed to a specific
individual(s).
Some courses, while not requiring group projects, encourage students to work
together in groups (or at least do not prohibit it) before submitting individual
assignments. Students are encouraged to discuss this issue as it relates to academic
integrity with their instructor to avoid violating this policy.
In the I. H. Asper School of Business, all suspected cases of academic dishonesty
are passed to the Dean’s office in order to ensure consistency of treatment.
UNIVERSITY OF MANITOBA
Faculty of Management
Medical Absenteeism Form
Student Identification: (please print clearly)
______________________________
Last Name
___________________ ___________
First Name
Middle Initial
_______________________________
U of M Student Identification Number
I hereby authorize ________________________________ to verify with the attending physician or his/her
(Name of Instructor/Administrator)
staff or colleagues that the contents of this form are true.
________________________________________
_______________________________________
Student’s Signature
Date
To be completed by the attending physician: (after the above section is completed)
________________________________________
______________________________ ________________
Physician’s Last Name (please print clearly)
Physician’s First Name
Middle Initial
___________________________________________
Street Address
________________________________ __________________
City, Province
Postal Code
___________________________________________
Telephone Number
_________________________________
Fax Number
To the attention of the physician: Your evaluation of the student’s condition is being used for the purpose of determining whether or not
the student has a valid reason to miss an important exam or assignment. Your professional evaluation is necessary to ensure that only valid
cases are excused.
I certify that the nature of the student’s condition is severe enough to prevent the student from
taking an exam or completing an assignment. If requested, my associates or I will verify for the
above-named instructor/administrator that this information is accurate.
The student’s condition will likely span the following dates:
____________________________
(indicate start date)
until ____________________________
(indicate end date)
___________________________________
_________________________________
Physician’s Signature
Date
Notes to physician:
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Please make a note in the student/patient’s file indicating that the student has given the above-named instructor/administrator
permission to verify with you, your staff, or your colleagues, that the information contained on this form is correct. Thank you for
your professional evaluation of this student’s condition.
PLEASE ATTACH THIS FORM TO YOUR REGULAR OFFICE STATIONERY THAT INDICATES THE STUDENT
VISITED YOUR OFFICE.
Note to student:
The use of this form is at the option of the student. However, in order to obtain an excused absence for an assignment or exam,
the student must obtain a doctor’s certification that the student’s condition is severe enough to prevent the student from taking
the exam or completing the assignment. It is NOT SUFFICIENT to provide a note that only indicates the student visited the
doctor’s office.