Introduction to Management Accounting

Course
(AIM 2302-005)
Professor Haeyoung Shin
Term Spring 2007
Every Tuesday and Thursday from 1:00 – 2:15 PM in SOM
Meetings
2.106

Contact Information

Office Phone 972-883-4452

Office LocationSOM 4.425
Email Address Web-CT mail or shy2001@utdallas.edu
Tuesday 10:00 A.M. – 12:00 P.M.
Office Hours
Other times by appointment
Use Web-CT mail to communicate with me. I will check the mail at least
Other Information
once a day and respond it within 48 hours.

General Course Information

This course introduces the field of management accounting, which covers

the determination, development, and uses of internal accounting
information needed by business management to satisfy customers while
Course Description
continuously controlling and containing costs. The course is designed to
benefit all business students who will be the future users of accounting
information

This course has the following objectives:

ƒ To understand basic cost concepts and classifications

ƒ To learn basic management accounting techniques:
ƒ Determining unit product costs
Learning Objectives ƒ Cost-volume-profit analyses
ƒ Budgeting process and variance analysis
ƒ With managerial accounting information, learn how to:
ƒ use cost information for various decision making
ƒ plan and control the organization

Horngren, Sundem, and Stratton, Introduction to Management

Required Texts Accounting, 13th edition, Pearson /Prentice Hall, ISBN 0-13-144071-3.
Course Policies

To make the learning process effective, it is necessary for you to read “Reading
Assignments” for that class BEFORE attending the class. Detailed reading
assignments are in course schedule section.

I will also post the lecture notes and class handouts (if any) on WebCT
(http://webct6.utdallas.edu/webct). You need your UTD username and password
to log in to Webct6. Please print out a copy of lecture notes and any other
Class and relevant materials and bring them to the class.
Requirement
End of each class, I will provide a few problems sets to work on. Although those
problems are not required to submit to be graded, working problems would be the
key to your success in this course. Management accounting is an applied
discipline; the more problems you do, the better you should be at applying your
knowledge. Pay attention to the problems solved in the class and try to solve
suggested exercises and problems. If you have questions for those problems,
please ask questions in the class or use my office hour

Grading: Your final grades will be determined as follows:

1. Attendance and class participation 5 pts

2. Quiz 15 pts
2. 3 Exams 80 pts
Exam 1 25 pts
Exam 2 25 pts
Exam 3 30 pts
Total 100 pts

Exams: There will be 3 exams. The exams are with closed book and closed
Grading note. Each exam will be comprised of multiple choice questions and many
Criteria questions will require calculations. You will need to bring a calculator and an
882-E Scantron for each exam. Exam 1 and 2 are not comprehensive while exam
3 will be comprehensive.

Quizzes: There will be 8 or 9 quizzes through out the course. Best 5 out of them
would be accounted toward final grade. Each quiz will account 3 points.

Attendance and class participation: Mutual interaction would enhance

understanding of materials and make the course interesting. Thus I encourage you
to participate in class discussion. I may check attendance in random basis, but
quizzes mainly serve as attendance check.

Make-up exams may be allowed only for excused absences, which must be
determined Before scheduled exam date. Excused absences may be given for
Make-up verifiable medical or family emergencies. Written documentation must be
Exams provided to qualify for an “excused absence.” Students who do not show up for an
exam without making arrangements with me before the exam will receive a zero.
There is no make-up quiz.
 Because the value of an academic degree depends upon the absolute integrity of
the work done by the student for that degree, it is imperative that a student
demonstrate a high standard of individual honor in his or her scholastic work.

Scholastic dishonesty includes, but is not limited to, statements, acts or omissions
related to applications for enrollment or the award of a degree, and/or the
submission as one’s own work or material that is not one’s own. Students
Academic
Integrity suspected of academic dishonesty are subject to disciplinary proceedings.

Therefore, I will refer anyone suspected of academic dishonesty to the Office

of Student Conduct. There are no exceptions to this policy under any
circumstances. If a student is found guilty of academic dishonesty by the Office
of Student Conduct, the student will receive an F for the course in addition to any
punishment determined by the Office of Student Conduct.

While e-mail provides the efficiency of communication, e-mail raises some issues
concerning security and the identity of each individual in an email exchange.
Email Use Thus, I will use a student’s Web-CT mail or U.T. Dallas email address and that I
consider email from students official only if it originates from Web-CT mail or a
UTD student account.
The University has set deadlines for withdrawal of any college-level courses.
These dates and times are published in that semester's course catalog. The
Withdrawal administration procedures must be followed. It is the student's responsibility to
from Class handle withdrawal requirements from any class. You must do the proper
paperwork to ensure that you will not receive a final grade of "F" in a course if
you choose not to attend the class once you are enrolled.
Procedures for student grievances are found in Title V, Rules on Student Services
and Activities, of the university’s Handbook of Operating Procedures.

In attempting to resolve any student grievance regarding grades, evaluations, or

other fulfillments of academic responsibility, it is the obligation of the student first
Student to make a serious effort to resolve the matter with the instructor, supervisor,
Grievance administrator, or committee with whom the grievance originates. If the matter
Procedures cannot be resolved at that level, the student can follow the procedures specified in
Handbook of Operating Procedures to resolve the matter

Copies of these rules and regulations are available in the Office of the Dean of
Students, where staff members are available to assist students in interpreting the
rules and regulations.
The goal of Disability Services is to provide students with disabilities educational
opportunities equal to those of their non-disabled peers. Disability Services is
located in room 1.610 in the Student Union. Office hours are Monday and
Thursday, 8:30 a.m. to 6:30 p.m.; Tuesday and Wednesday, 8:30 a.m. to 7:30
p.m.; and Friday, 8:30 a.m. to 5:30 p.m.
Disability
Services The contact information for the Office of Disability Services is:
The University of Texas at Dallas, SU 22
PO Box 830688
Richardson, Texas 75083-0688
(972) 883-2098 (voice or TTY)
 It is the student’s responsibility to notify his or her professors of the need for such
an accommodation. Disability Services provides students with letters to present to
faculty members to verify that the student has a disability and needs
accommodations. Individuals requiring special accommodation should contact the
professor after class or during office hours.
The University of Texas at Dallas will excuse a student from class or other
required activities for the travel to and observance of a religious holy day for a
religion whose places of worship are exempt from property tax under Section
11.20, Tax Code, Texas Code Annotated.

The student is encouraged to notify the instructor or activity sponsor as soon as

Religious
Holy Days possible regarding the absence, preferably in advance of the assignment. The
student, so excused, will be allowed to take the exam or complete the assignment
within a reasonable time after the absence: a period equal to the length of the
absence, up to a maximum of one week. A student who notifies the instructor and
completes any missed exam or assignment may not be penalized for the absence.
A student who fails to complete the exam or assignment within the prescribed
period may receive a failing grade for that exam or assignment.
Course Schedule and Reading Assignments
Date Topic Reading assignment Exercises and
problems
1/9 Course Introduction & Ch 1
Introduction to Management Accounting
1/11 Cost concepts and cost behavior I Ch 2. (p 42-49) CM co. example,
Ch 4. (p 128-136) 2-27,2-39,and 4-41
1/16 Cost concepts and cost behavior II Ch 3. (p 86-93) 3-35, 4-B1, and 4-44
Quiz 1
1/18 External cost reporting Ch 4. (p 136-140) 4-B3

1/23 Cost function and measurement of cost Ch 3. (p93-110) Account and

function regression analysis
Quiz 2 exercise
1/25 Cost-volume analysis – I Ch 2. (p 49-59) 2-A1, 2-A2, 2-29, and
2-35.
1/30 Cost-volume analysis – II Ch 2. (p 60-68) 2-36, 2-38, 2-58, 2-60
Quiz 3
2/1 Review for exam 1 Review problems
2/6 Exam 1
2/8 Relevant information and decision making: Ch. 5 (p198-202)
Relevance of information
2/13 Relevant information and decision making: Ch. 5 (p203-228) 5-A1, 5-B3, 5-37
2/15 Marketing decisions / Quiz 4
5-A4 and 5-56
2/20 Relevant information and decision making: Ch 6 6-B1, 6-43 and 6-51
2/22 Production decision / Quiz 5 6-B3, 6-B4, 6-56, and
6-59
2/27 Review for exam 2 Review problems
3/1 Exam 2
3/5-3/10 Spring Break
3/13 Job costing and process costing systems I Ch 13 (p569-577) Destin Co.,13-B2,
Ch 14 (p618-626) 14-23
3/15 Job costing and process costing system II Ch 14 (p631-644) 14-A2, 14-A3, and
14-43
3/20 Activity based costing Ch 4 (p142-161) County Bank,
3/22 Aerodec Co. and 4-53
3/27 Product costing system review / Quiz 6

3/29 Budgeting process and master budget Ch 7 7-28, 7-32, and

4/3 Quiz 7 Victoria Kite
4/5 Flexible budget and variance analysis Ch 8 8-27 and 8-35
4/10 Quiz 8 8-37 and 8-40
4/12 Management control in decentralized Ch 10 10-26 and 10-29
4/17 organization / Quiz 9 10-A2 and 10-33
4/19 Review for final exam Review problems
4/26 Final Exam 11:00 a.m.
Note: this is a tentative schedule and may be changed based on how the class goes.