AEM 3230 course syllabus - Cornell University

AEM 3230 – Summer Online 2013
General Information:
AEM 3230
Managerial Accounting
Summer Term 2013
Staff Room Phone E-mail
Instructor: Margaret Shackell, Ph.D. 437 Sage Hall
Cell: 607-229-2530
Office: 607-255-6054
mbs242@cornell.edu
Course Web Site: http://blackboard.cornell.edu/
All students need to enroll themselves in the AEM 3230 Summer Online Blackboard web site to ensure
they receive important correspondence, have access to Quizzes and Practice Tests and other rich website
features. The web site has a copy of all announcements, documents, homework assignments, and FAQs. Please
be sure to check it frequently (i.e., at least several times during a week and immediately before class). Please let
me know if you have any problems accessing the site.
Lectures:
Online with each module
Prerequisites: AEM 2210 (Financial Accounting) or equivalent.
Course Materials:
Required Text: Introduction to Managerial Accounting, 6e, Brewer, Garrison & Noreen, plus Connect.
Connect http://connect.mcgraw-hill.com/class/shackell-summer2013-aem3230(log on to do on-line
homework and quizzes).
Objectives of the Course:
This course provides an introduction to accounting techniques used by internal company managers when they
are faced with planning, directing, controlling, and decision-making activities in their organizations.
Accounting information can be used to identify and analyze alternatives and to guide the manager to a course of
action that will yield the greatest benefit to the company. While the major emphasis in financial accounting is
on the accumulation and presentation of accounting data to external decision makers, the emphasis in
managerial accounting is on the presentation and analysis of that data by internal decision makers.
The objective of this Managerial Accounting course is to familiarize you with the requisite technical skills for
problem solving; for example, determining unit product costs, measuring production process costs, budgeting,
performance reporting, allocating resources efficiently within the firm, and maximizing profits while
maintaining the ability to meet long-term goals. As managers, you will need to identify the relevant
information, the appropriate method for analyzing that information, and the manner in which to communicate
your observations and recommendations to others in the organization.
Office Hours:
Professor Shackell will have regularly scheduled office hours. See the course calendar for the hours. She is
also quite responsive to email. You should hear back within 24 hours.
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AEM 3230 – Summer Online 2013
Grading:
Students with documented disabilities will be accommodated as per Cornell policy. Please give your
documentation to me as soon as possible.
The following weights will be applied in determining the final grade:
Homework (best 9 of 11) 40%
Weekly quizzes (4 @ 5% each) 20%
Final exam, Saturday June 29 th 30%
Discussion participation 10%
Total 100%
Exams:
The final exam is open book. You will also need a pencil or pen and a non-graphing, non-financial, nonprogrammable
(i.e., basic 5-function) calculator. Students who do not take the exam will receive a score of 0.
You will need to be able to scan your exam and upload it to blackboard at the appropriate time.
The examination will test your knowledge of specific definitions and facts, your understanding of managerial
accounting theory, and your ability to solve analytical problems. The exam may include multiple choice, shortanswer,
and/or problems with multiple parts where partial credit may be available. You will be responsible for
all material covered in videos, lectures and reading assignments including (but not limited to) the text and
lectures. In addition to reviewing that material, you may wish to use additional resources to prepare for exams
such as Connect, and especially “Learn Smart”. You may also try forming a study group with other students or
enlisting the aid of a tutor.
Academic Integrity:
Each student in this course is expected to abide by the Cornell University Code of Academic Integrity. Under
the provisions of the Code, anyone who gives or receives unauthorized assistance in the preparation of work at
home or during tests (whether on-line quizzes or final exams) will be subject to disciplinary action. Your name
on any piece of work is our assurance that you have neither given nor received any unauthorized help in its
preparation. You may assist each other on assignments by answering questions and explaining accounting
concepts. However, you should neither copy nor allow another student to copy your work directly.
All University policies with respect to cheating will be enforced. A student who is found to have cheated on an
exam will receive an “F” in the course.
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AEM 3230 – Summer Online 2013
# Day Date Topic
COURSE OUTLINE
1 5 June Course overview & Introduction to managerial accounting
2 6 June Basic Cost Management Concepts (Chapter 1) Chapter 1
3 7 June Job Order Costing (Chapter 2) Chapter 2
4 8 June Activity Based Costing (Chapter 3)
Online Homework
(due at 8 p.m. on date
below)
Online Quizzes (due at
Midnight on date below)
5 9 June Activity Based Costing (Chapter 3) continued Chapter 3 Chapters 1 through 3
6 10 June Process Costing (Chapter 4)
7 11 June Process Costing (Chapter 4) continued Chapter 4
8 12 June CVP (Chapter 5)
9 13 June CVP (Chapter 5) continued Chapter 5
10 14 June Variable costing & Segment Reporting (Chapter 6) Chapter 6
11 15 June Profit Planning (Chapter 7)
12 16 June Profit Planning (Chapter 7) Chapter 7 Chapters 4 through 6
13 17 June Flexible Budgets, Standard Costs & Variances (Chapter 8)
14 18 June Flexible Budgets, Standard Costs & Variances (Chapter 8) continued
15 19 June Flexible Budgets, Standard Costs & Variances (Chapter 8) continued Chapter 8
16 20 June Performance Measurement in Decentralized Orgs (Chapter 9)
17 21 June Performance Measurement in Decentralized Orgs (Chapter 9) continued Chapter 9
18 22 June Differential Analysis (Chapter 10)
19 23 June Differential Analysis (Chapter 10) continued Chapter 10 Chapters 7 through 9
20 24 June Capital budgeting (Chapter 11)
21 25 June Capital budgeting (Chapter 11) Chapter 11
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AEM 3230 – Summer Online 2013
# Day Date Topic
Online Homework
(due at 8 p.m. on date
below)
Online Quizzes (due at
Midnight on date below)
22 26 June Review – Chapters 1 to 4 Chapters 10 through 11
23 27 June Review – Chapters 5 to 8
24 28 June Review – Chapters 9 to 11
25 29 June Final Exam
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