Syllabus for ACCT 2306 VC01

1. Wayland Baptist University, Virtual Campus, School of Business
2. Mission Statement: Wayland Baptist University exists to educate students in an academically challenging,learning-focused and distinctively Christian environment for professional success and service to God and humankind.
3. Course: Name – ACCT 2306– {VCO1}, Managerial Accounting 
4. Term: Spring 2014 
5. Instructor: Ron Castleman, MBA, CPA
6. Office Phone and email: (660) 747-2033 --- ronald.castleman@wayland.wbu.edu
7. Office Hours, Building, and Location --- Virtual Campus
8. Class Meeting Time and Location: Blackboard
9. Catalog Description: Financial accounting covering the accounting cycle and related items for business entities. Current assets and liabilities, long-term assets and liabilities, statement of cash flows, internal control, accounting ethics, and financial statement analysis. Credit not be awarded toward degree for both ACCT 2305 and ACCT 3307.
10. Prerequisites: Math 1304 or consent of the School.
11. Required Textbook and Resources: 

BOOK	AUTHOR	ED	YEAR	PUBLISHER	ISBN#	REVIEW	
Mandatory: Accounting & CengageNow Access Code  (used for both Acct  2305 & 2306	Warren, Reeve, &Duchac	25th	2014	Cengage Learning	1-285-58427-9	Spring 14

Please Note: It is important that you make absolutely, unquestionably certain that you purchase the book with the proper ISBN# as shown above. There are other books of the same edition available on line and at the bookstore; however, this particular ISBN# represents a bundle package necessary in working with Cengage for homework. Failure to purchase this particular bundle with the ISBN# indicated above will result in your having to pay an additional fee to use Cengage. For further questions, please contact the instructor. 
*NOTE: This course requires that you have an access code (bundled with the text book) to access certain parts of the course and to use CengageNOW (an online homework, tutorial and testing application). The WBU bookstore has all the information you need to buy the code bundled with the text (ISBN 1-285-58427-9). Please direct all purchase inquiries to the book store.   
It is important to note that this code will be good for TWO semesters (Acct 2305 & 2306 use the same text). This bundle will have a ton of study materials and templates for completing work within CengageNOW, although not mandatory nor required there is a study guide for the course. If you have any problems with this or the bookstore is out of stock, please contact me via email immediately.
CHAPTERS: 12, 13, 14, 16 – 19, 21, 23 - 26
12. Optional Materials: As indicated previously, there is a study guide available, but you are not required to purchase it.
Course Outcome Competencies: 
**Describe the differences between managerial and financial accounting.
** Evaluate the organizational role of management accountants.
** Describe accounting systems used by manufacturing businesses.

** Describe and prepare summary journal entries for a job order cost accounting system.
** Distinguish between job order costing and process costing systems.
** Explain and illustrate the physical flows and cost flows for a process manufacturer.
** Calculate and interpret the accounting for completed and partially completed units under the FIFO method.
** Prepare a cost of production report.
** Prepare journal entries for transactions of a process manufacturer.
** Use cost of production reports for decision making.
** Contrast just-in-time processing with conventional manufacturing practices.
** Classify costs by their behavior as variable costs, fixed costs, or mixed costs.
** Compute the contribution margin, the contribution margin ratio, and the unit contribution to achieve a targeted profit.
** Using the unit contribution margin, determine the break-even point and the volume necessary to achieve a target profit.
** Using a cost-volume-profit chart and a profit-volume chart, determine the break-even point and the volume necessary to achieve a target profit.
14. Attendance Requirements: Since this is an online course, you are expected to complete all assigned work no later than Saturday evening by 11:30. All homework assignments are on Centage; however, each week there will be multiple Learning Devices for the course on Blackboard. The Test #1 and the Final are also on Blackboard. While homework will only be used to determine the class participation portion of your grade (the actual grade given by Aplia will not be used. The grades from the Learning Devices will be used in grade determination. (See Grading Criteria). Failure to timely attempt the homework assignments and the Learning Devices will adversely affect your grade.
15. Disability Statement: "In compliance with the Americans with Disabilities Act of 1990 (ADA), it is the policy of Wayland Baptist University that no otherwise qualified person with a disability be excluded from participation in, be denied the benefits of, or be subject to discrimination under any educational program or activity in the university. The Coordinator of Counseling Services serves as the coordinator of students with a disability and should be contacted concerning accommodation requests at (806) 291- 3765. Documentation of a disability must accompany any request for accommodations."

16: Course Requirements and Grading Criteria:
I.  Students must be able to read, interpret, and understand written communication.                         
II. Students must have access to the Internet and possess the abilities to e-mail assignments in Word or Rich Text format.
III. Students must be alert for any announcements.
IV. Late assignments will not be accepted unless approved by the Instructor in advance.
16: Course Requirements and Grading Criteria:
I7. Students must be able to read, interpret, and understand written communication.
18. Additional information as desired by the faculty member.
It is the student’s responsibility to contact the instructor if you should have any questions relative to the computer grading of any of the Learning Devices or major tests.