Southwest Texas Junior College 2401 Garner Field Road Uvalde, Texas 78801

Bea Garcia Wagner Office Complex-Uvalde Campus (830) 591-7331 FAX (830) 591-4156 beagarcia@swtjc.edu or bgarcia_swtjc@yahoo.com

ACCT 2402

Principles of Accounting II - Managerial (3-3-4)

Course Description

Accounting concepts and their application in transaction analysis and financial statement preparation; analysis of financial statements; and asset and equity accounting in proprietorships, partnerships, and corporations. Introduction to cost behavior, budgeting, responsibility accounting, cost control, and product costing. Emphasis on managerial uses of accounting data. Accounting procedures and practices applicable to partnership and corporation; stocks and bonds; departmental - branch and manufacturing accounting; cost systems; budgeting; statement analysis and interpretation flow of funds and cash; and tax considerations.    Prerequisite: ACCT 2401  Lab Fee: $24

Textbook and Readings

Horngren, Harrison, Oliver. Accounting, 8e. Chapters 11-23 (With Student Access Kit for My Accounting Lab). Pearson/Prentice Hall, 2008. (ISBN# 0558341063- Custom book that can be purchased at the college bookstore only) You can buy Myaccountinglab with ebook for Accounting, 8e by Horngren/Harrison/Oliver for $65. You can do this at myaccountinglab.com

Technology Requirements

This class is offered via the Internet and student must have a basic understanding of computers, know how to use the Internet and email. The student must have access to a Internet Explorer 5 or higher browser and Microsoft Word and Excel. There may be additional plug-ins needed to view videos. This will be done in your class. See Browser Tune-up icon.

Learning Outcomes

The following learning outcomes will be addressed in this course:

1. Managerial accounting terms and systems, budgeting, breakeven analysis, and decision making will be covered.
2. This course develops skills that will enhance success in the workforce by introducing the critical role of focusing on information for internal decision makers.

Student Objectives

In order to complete this course, the student must be able to:

1. Identify and demonstrate knowledge of basic characteristics of a partnership and related equity accounting.
2. Identify and demonstrate knowledge of basic characteristics of a corporation and related equity accounting.
3. Identify and demonstrate knowledge of basic characteristics of accounting for long-term liabilities.
4. Construct/analyze/interpret financial statement using ratios
5. Construct/analyze/interpret statement of cash flows (indirect/direct methods).
6. Identify and demonstrate knowledge of the basic characteristics of managerial accounting.
7. Identify and demonstrate knowledge of the three broad functions of management.
8. Identify and demonstrate knowledge of variable and fixed costs.
9. Identify and demonstrate knowledge of cost-volume-profit (CVP) analysis.
10. Identify and demonstrate knowledge of Contribution margin.
11. Identify and demonstrate knowledge of break-even point.
12. Identify and demonstrate knowledge of margin of safety and sales target calculations.
13. Identify and demonstrate knowledge of Job and process costing.
14. Identify and demonstrate knowledge of budgetary planning, control and responsibility centers.
15. Identify and demonstrate knowledge of annual rate of return; cash payback techniques.
16. Identify and demonstrate knowledge of net present value and internal rate of return.

Student Contributions

In order to be successful in this Internet class, student should be able to spend 4 hours a day on the course, which includes reading assignments, videos, and quizzes and anything else assigned by instructor

It is the student's responsibility to drop a course by the appropriate deadline. If a student fails to drop the course, even if the student does not attend the class, he/she will receive a grade of "F" in the course

Course Evaluation

Grade will be determined using a point system. (SUBJECT TO CHANGE) Final evaluation policy will be finalized on the first week of class.

10 Chapter problems @40 points each (drop 1)……….... 360
10 Attn/Part Assignments @10 pts. (drop 1) ……………….90
Group problem……………………………………………….. 100
5 exams @100 points (drop 1) …………………………….. 400
Total Points…………………………………………………… 950

855 points 950 = A
760 854 = B
665 759 = C
570 664 = D
=< 569 = F
YOU WILL HAVE THE OPPORTUNITY TO EARN EXTRA CREDIT POINTS.


EXAMINATIONS

Examinations will be based on chapter readings, lectures, homework assignments, and laboratory assignments. Accounting is a comprehensive subject. Therefore, each exam is considered comprehensive.
MID-TERM AND FINAL EXAM MUST BE TAKEN IN PERSON. IF YOU ARE NOT ABLE TO COME TO ONE OF THE CAMPUSES TO TAKE EXAM, ARRANGEMENT PRIOR TO EXAM MUST BE ARRANGED WITH INSTRUCTOR FOR ANOTHER APPROVED SITE AND PROCTOR. Dates of Mid-term and Final will be posted with plenty of time. There will be several days to schedule exam.

Course Policies

Plagiarism, the representation of someone else work as your own, or cheating on an examination or lab work will not be tolerated. Either case will result in a grade of zero on the work or examination in question. The second incident will be reported to the Dean of Instructional Services for disciplinary action.

Americans with Disabilities Act (ADA) Statement

Any student with a documented disability needing academic adjustments is requested to speak directly to the Counseling Department (see below) as early in the semester (preferable within the first week) as possible. All discussions will remain confidential.

Crystal City - Idalia De La Cruz (830/374-2828)
Del Rio - Marilyn Casson (830 775-1560)
Eagle Pass - Brenda Hoffman (830/758-4102)
Uvalde - Melissa Deleon (830/591-7352 )

Office Hours

By arrangement. Call 830-591-7331 (Office) or 830-278-6557 (Home) to set up an appointment.

Created: 2009-2010 Revised: 08/18/2009