Leslie A. W. Van Wolvelear Associate Professor of Accounting Office:  DP 2706 Phone: (847) 376-7135 Email: lvanwolv@oakton.edu Home Page: http://www.oakton.edu/~lvanwolv/homepage.htm

II. Prerequisite:
Recommended: ACC 153 or concurrent enrollment in ACC 153

III.Course (Catalog) Description:
Course presents accounting information used for internal business management. Focus is on planning, controlling and evaluating company performance. Content includes budgeting, job costing, product pricing, breakeven analysis, standard costing, decision models.

IV. Learning Objectives:
A. Nature of Managerial Accounting: Cost Concepts and Terminology
B. Job Order Cost Systems
C. Process Cost Systems
D. Cost Allocation and Activity based Accounting
E. Cost Behavior and Cost Estimation
F. Cost-Volume-Profit Analysis
G. Profit Reporting for Managerial Analysis
H. Differential Analysis and Product Pricing
I. Capital Investment Analysis & Capital Budgeting
J. Budgeting
K. Standard Cost Systems (Including Flexible Budgets and Overhead Analysis)
Optional:
L. Accounting for Decentralized Operations; Transfer Pricing
M. Financial Statement Analysis and Annual Reports
N. The New Management and Decision Making

V. Academic Integrity:
Students and employees at Oakton Community College are required to demonstrate academic integrity and follow Oakton’s Code of Academic Conduct. This code prohibits:

• cheating,
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.

There are serious consequences to violations of the academic integrity policy. Oakton’s policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.

Details of the Code of Academic Conduct can be found in the Student Handbook.

VI. Outline of Topics:
See Schedule icon in WebCT for the topics being covered in this course.

VII. Methods of Instruction:
This course will combine discussions, in class assignments, a Master Budget Project, a Comprehensive Project, chapter specific quizzes, and three examinations. Quizzes and discussions can not be completed after the due date. See the Calendar icon in WebCT for all due dates.
Note:
• Homework should not be submitted
• There are specific due dates for the quizzes, discussions, projects and exams
• See the Calendar link in WebCT for all due dates
• Quizzes, discussions, and ethics cases can not be completed after the due date
• In class graded assignments can not be completed late

VIII. Course Practices Required:

Students are required to:
• Attend course lectures and complete in class activities
• Be prepared to start class promptly - in class assignments missed can not be made up
• Complete the orientation activities (see the Bulletin Board link) and the Read Me First-Discussion (see the Quizzes link)
• Read the assigned chapters in the textbook
• Allow for up to two hours of homework for each hour in class (Some students might need more than two hours)
• Review the homework solutions in WebCT (see the Homework Problems link)
• Respond to each chapters' Taking to the Net discussion in WebCT (see the Quizzes link)
• Complete the Ethics Cases
• Complete the Master Budget Project detailed in the Projects link
• Complete the Comprehensive Project

It is also recommended for students to:
• Review the narrated powerpoint presentations in the Online Learning Center (see the Course Content link)
• Review the course content in WebCT

IX. Instructional Materials:

Introduction to Managerial Accounting: 4th Edition, by Brewer/Garrison/Noreen 
McGraw-Hill/Irwin, 2008.
ISBN #978-0-07-337935-7

McGraw-Hill Online Learning Center: http://highered.mcgraw-hill.com/sites/0073379352/information_center_view0/

Accounting 154 - Managerial Accounting: Student Handout Packet 2008-2009 - This is only available from the Oakton bookstore

Methods of Evaluating Student Progress:
Note: The total points are subject to change during the term

Projects and exams submitted after the deadline will be reduced by 15% of the maximum points.

XI. Other Course Information:

1. Attendance
Class attendance is expected. We will cover a great deal of exercises in class that are not in the syllabus. These exercises are used to reinforce the lecture, and you are responsible for all information covered in class. Attendance on exam days is mandatory. The only excuse for missing an exam is a medical emergency. If a doctor’s note is documented and confirmed by the doctor’s office, the student will be allowed to take a makeup exam. Student should contact the instructor e-mail or class website regarding any problems meeting course requirements.

2. Code of Conduct
Refer to college catalog http://www.oakton.edu/resource/collegecatalog/catalog.pdf

3. Incomplete Grades
A student must have completed at least 60% of the required course work before an incomplete request will be considered. It is the student's responsibility to initiate requests for an incomplete and to follow through with the procedures to remove the Incomplete grade.

4. Tutoring
Tutoring is available through Instructional Support Services in Room 2400 at Des Plaines campus, and Room A-135 at Skokie Campus. http://www.oakton.edu/learn/tutoring.htm

5. Assist
If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the ASSIST office in Instructional Support Services http://www.oakton.edu/resource/iss/assist.htm. All students are expected to fulfill essential course requirements. The college will not waive any essential skill or requirement of a course or degree program.

6. Withdrawal Date
The last day to withdraw and have course dropped from record is Sunday, September 21st at noon.
The last day to withdraw from course with a “W” is Sunday, October 19th at noon.

7. Change class to Audit Status
The last day to change class to audit status is Sunday, September 21st at noon.

8. Honors
Honors information can be obtained from: http://www.oakton.edu/acad/honors/index.htm

9. TRiO Student Support Services
TRiO Student Support Services information can be obtained from: http://www.oakton.edu/learn/triohome.htm