SYLLABUS		FALL, 2009
BSAD 061B	Managerial Accounting
INSTRUCTOR(s): Stephen Dempsey - PROFESSOR INFO PHONE: 656-8322 OFFICE: 306 Kalkin OFFICE HOURS: By Appointment E-MAIL: stephen.dempsey@uvm.edu		COURSE INFO: MEETS: TR 8:30-9:45 LOCATION: 003 Kalkin

Pre-requisites:

Prereq: BSAD 60 or 65; BSAD, CSIS, EMGT majors or BSAD minors only; Required course specific fee of $20. Degree students only; CE students should register for BSAD 061 Z1.

Goals & Objectives:

This course surveys accounting and analytical tools for managerial planning, control, and decision making. Unlike financial accounting, which emphasizes reporting requirements for those outside the firm (i.e., investors and creditors), managerial accounting is concerned with the preparation and use of financial information by those inside the firm (management). By the completion of the course you should have a fundamental understanding of managerial accounting terminology, basic product and service costing methods and systems, the use of accounting information for financial planning and control, and financial models for short-term and long-term business decisions.

Course Content:

See detailed assignments.

Books & Materials

Managerial Accounting. Hilton (Irwin McGraw-Hill, 8th edition). Available in the UVM Bookstore. Required.

Course packet available in the UVM Bookstore. Required before the second day of class!

Grading:

Grading Comments:

Grades will follow a conventional 10-point scale with pluses and minuses given (e.g., 80 < B- < 82, 83 < B < 86, 87 < B+ < 89).

Exam Comments:

Exams will be given on the dates indicated in the schedule below. In the event you cannot take an examination on the scheduled date due to illness or other extenuating circumstance, you must provide notification in advance. You are responsible for all of the material covered in class, in the text and in homework. Exams are intended to assess your understanding of the material, not simply your ability to memorize. All work on exams must be clearly labeled and supported by computations in order to receive credit. Please use a pencil (and eraser) for all your work. In the event you cannot take the examination on the scheduled date due to illness or other extenuating circumstance, you must notify me in advance. Failure to do so will result in a zero grade. Note that the final exam will be cumulative, but with emphasis on the latter untested chapters.

Attendance Policy:

1. You are expected to attend and be prepared for ALL regularly scheduled classes.

2. You are expected to arrive on time and stay in class until the class period ends. If you know in advance that you will need to leave early, you should notify me before the class period begins.

3. You must not leave and reenter the class, it is very distracting.

4. Food is not allowed in classrooms. Drinks are permitted.

Additional Comments:

Class: Class time will be devoted to a discussion of the major areas from each chapter and will follow the outlines and in-class problem material provided in the Class Notes course packet. The pace and rigor of this course require that you to come to class with a basic familiarity of the topics to be covered. To this end, please read each chapter prior to the first date its scheduled in order to make the discussion meaningful. Because class time will be at a premium, you will have to do much of the learning on your own, outside of class. Both the class notes and text should be studied. There will be times when lectures differ in approach or content from the text, and there will necessarily be times when the text is left to stand on its own without specific class coverage. A good rule-of-thumb is that you should expect to work two hours on your own for every hour of class time. Thats at least 6 hours of self-study each week (this doesnt include exam study time).

Homework: Chapter homework is assigned to help acquaint you with the material. The assignments are only a suggested minimum. You are encouraged to visit the texts website www.mhhe.com/hilton8e for supplementary help and key check figures. It is imperative that you adopt a conscientious and diligent attitude towards homework if you wish to succeed in this course. To motivate you to stay current on these assignments, homework may be collected any class day after a new chapter is started. To be very clear on this requirement, once I complete a chapter in class, the homework for that chapter may be collected on any subsequent class day, meaning that multiple chapters may be called in at once. Therefore, be sure to have your homework always ready to hand in. It must be physically handed in during class time‒no email attachments, no late extensions and no exceptions. Your problem solutions must clearly labeled, your papers stapled together and your name and chapter number clearly identified at the top. If collected, your work will be graded for completeness, not correctness. Solutions to homework will be posted to the online course folder for your review. It is completely up to you to get this feedback and correct your own work. The grader will not do this for you.

Academic Honesty

The principal objective of the policy on academic honesty is to promote an intellectual climate and support the academic integrity of the University of Vermont. Academic dishonesty or an offense against academic honesty includes acts that may subvert or compromise the integrity of the educational process. Such acts are serious offenses that insult the integrity of the entire academic community.

Offenses against academic honesty are any acts that would have the effect of unfairly promoting or enhancing one's academic standing within the entire community of learners which includes, but is not limited to, the faculty and students of the University of Vermont. Academic dishonesty includes knowingly permitting or assisting any person in the committing of an act of academic dishonesty.

The policy distinguishes between minor and major offenses. Offenses purely technical in nature or in which the instructor does not perceive intent to achieve advantage are deemed minor and handled by the instructor. Major offenses are those in which intent to achieve academic advantages is perceived. A full statement of the policy can be found in the Cat's Tale. Each student is responsible for knowing and observing this policy.

Classroom Code of Conduct

Faculty and students will at all times conduct themselves in a manner that serves to maintain, promote, and enhance the high quality academic environment befitting the University of Vermont. To this end, it is expected that all members of the learning community will adhere to the following guidelines:

1. Faculty and students will attend all regularly scheduled classes, except for those occasions warranting an excused absence under the policy detailed in the catalogue (e.g., religious, athletic, medical).
2. Students and faculty will arrive prepared for class and on time, and they will remain in class until the class is dismissed.
3. Faculty and students will treat all members of the learning community with respect. Toward this end, they will promote academic discourse and the free exchange of ideas by listening with civil attention to the comments made by all individuals.
4. Students and faculty will maintain an appropriate academic climate by refraining from all actions which disrupt the learning environment (e.g., making noise, ostentatiously not paying attention, and leaving and reentering the classroom inappropriately).
5. Food and drink are not allowed in classrooms.

Instructors will inform students of any special/additional expectations.