SL350 MANAGERIAL ACCOUNTING
WINTER 2004-05
Dr. Tom Mason
Room:
M246
Home
812-299-9824
Office
812-877-8155
Thomas.Mason@Rose-Hulman.Edu
FAX 812-877-8878
TEXTBOOK:Horngren, Sundem and Stratton:
Introduction to Management Accounting, 13th edition. Englewood
Cliffs, NJ: Prentice-Hall, 1998.
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WALL STREET JOURNAL:
Student subscriptions available.
Other materials: From time to time there
may be handouts or library reserve material to supplement your text.
Objectives:
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UNDERSTAND THE
ROLE OF ACCOUNTING IN MANAGEMENT OF ORGANIZATIONS
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DISTINGUISH FINANCIAL AND MANAGERIAL ACCOUNTING AND THEIR OBJECTIVES
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USE THE LANGUAGE OF ACCOUNTING |
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USE FINANCIAL STATEMENTS AS TOOLS TO MANAGE ORGANIZATIONS
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UNDERSTAND INVENTORY AND DEPRECIATION ACCOUNTING
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UNDERSTAND BASIC PRINCIPLES OF ASSIGNING AND MEASURING COSTS
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USE BASIC CONCEPTS OF ACTIVITY BASED ACCOUNTING
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UNDERSTAND HOW TO DEVELOP AND USE A BUDGET
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UNDERSTAND BASIC PRINCIPLES OF CAPITAL BUDGETING
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USE FINANCIAL INFORMATION TO MAKE INVESTMENT AND OTHER DECISIONS
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DEVELOP A SOLID FOUNDATION FOR LEARNING MORE ABOUT ACCOUNTING
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UNDERSTAND HOW TO DEVELOP PRO FORMA STATEMENTS FOR BUSINESS PLANNING
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LEARN WHAT YOU NEED TO KNOW AS A TECHNICAL MANAGER ABOUT ACCOUNTING,
TAXES AND RELATED TOPICS. |
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SCHEDULE: Topic
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Text (*Homework)
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Date |
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Introduction
Chapter 1
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Assignment material: 1-B1, 1-30, 1-42, 1-46
Friday – class discussion of 1-46
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Week 1 |
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Basic Accounting
Chapter 15 |
Assignment material: 15A-1* (Case 3), 15-B1*,
15-29, 15-30*, 15-31, 15-32, 15-39 |
Week 2 |
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Corporate Annual Reports:
Basic Financial Statements
Chapter 16 |
Assignment material: 16-B3*, 16-42*,
16-49, 16-51*, 16-52*
Friday – class discussion of 16-37 |
Week 3 |
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Inventory Methods
Chapter 16 Appendix
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Assignment material: 16-56*, 16-57*
TEST
#1 12/14/04 through Week 3
Friday – class discussion of 15-43 |
Week 4 |
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More on Corporate Annual Reports
Chapter 17 |
Analytical Report #1 DUE 1/7/05
Assignment material:
17-A1, 17-A2, 17-A3*,17-35*, 17-36*
Friday – class discussion of Analytical Reports |
Week5 |
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Cost-Volume Relations
Chapters 2 and 3
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Assignment material: 2-B1, 2-47*, 2-49*3-B1*,
3-49*, 3-52* (except part 4)
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Week 6 |
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Introduction to Cost Systems
Chapters 4 and 5
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TEST #2
1/25/05 Weeks 4-6
Assignment material: 4-A1, 4-A2*,4-A4*,
4-41,4-43, 4-55*, 5-A1, 5-47, 5-45, 5-59, 5-62*
Friday – class discussion of 5-45 |
Week7 |
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Relevant Costs and Special Decisions
Chapters 6 and 13
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Assignment material:6-33*, 13-B2*
Analytical Report #2 Due
2/4/05 |
Week8 |
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Budgeting
Chapters 7 and 8
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Assignment material: 7-A1*, 7-34, 7-35, 8-24,
8-25*, 8-43*
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Week 9 |
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Capital Budgeting
Chapters 11
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Assignment material: 11-28, 11-33*, 11-39.
11-40, 11-56*, 11-65*
Friday – class discussion of 11-28 |
Week10 |
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FINAL EXAM |
TBA |
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