Principles of Accounting II – Managerial

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Class
ACCT 2302

This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity’s accounting system relevant to decisions made by internal managers, as disstinguished from information relevant to users who are external to the company. The emphasis is on the identification and assignment of product costs, operational budgeting and planning, cost control, and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.

Course Learning Objectives

Upon completion of the course, students will be able to:

  1. Identify the role and scope of financial and managerial accounting and the use of accounting information in the decision making process of managers.
  2. Define operational and capital budgeting, and explain its role in planning, control, and decision-making.
  3. Prepare an operating budget, identify its major components, and explain the interrelationships among its various components.
  4. Explain methods of performance evaluation.
  5. Use appropriate financial information to make operational decisions.
  6. Demonstrate use of accounting data in the areas of product costing, cost behavior, cost control, and operational and capital budgeting for management decisions.
Required Textbooks

Hardback w/Connect+:  9781259622885 by Wild et al 
Financial and Managerial Accounting with Connect Plus  8th edition 2019
Looseleaf 2/Connect+ by Wild et al. Loose-Leaf Financial and Managerial Accounting with Connect Plus 8th edition 2019 or Connect+ (with ebook) access card: Wild et al ConnectPlus Accounting with LearnSmart 2 Semester Access Card for Financial and Managerial Accounting 8th edition 2019 Connect (no ebook) 9780077598594
Wild et al  Connect Accounting with LearnSmart2 Semester Access Card for Financial and Managerial Accounting 8th 2019

Evaluation Standards

The chapter exams may consist of problems, multiple choice, and matching. A 10-key calculator may be used on the exams. No cell phones are permitted. 

Tentative grade allocation is:
Chapter Exams 1000 points
Assignments 250
Total 1250 points

Disabilities

ADA Statement:

Any student with a documented disability (e.g. learning, psychiatric, vision, hearing, etc.) may contact the Office on the Weatherford College Weatherford Campus to request reasonable accommodations. Phone: 817-598-6350 Office Location: Office Number 118 in the Student Services Building, upper floor. Physical Address: Weatherford College 225 College Park Drive Weatherford, TX.

Academic Integrity
Academic Integrity is fundamental to the educational mission of Weatherford College, and the College expects its students to maintain high standards of personal and scholarly conduct. Academic dishonesty of any kind will not be tolerated. Academic dishonesty includes, but is not limited to, cheating on an examination or other academic work, plagiarism, collusion, and the abuse of resource materials including unauthorized use of Generative AI. Departments may adopt discipline specific guidelines on Generative AI usage approved by the instructional dean. Any student who is demonstrated to have engaged in any of these activities will be subject to immediate disciplinary action in accordance with institutional procedures.
Hope Statement
Any student who faces challenges securing basic resources such as food, clothing, or housing and believes this may affect their performance in their course of study is urged to contact the Director of Student Resources, Dr. Deborah Cregger, for support at (817) 598-6444. Her office is on the first floor of Student Services. If the student prefers, they may contact their instructor, who can reach out on their behalf. Weatherford College also provides the Coyote Pantry. The Pantry maintains boxed and canned foods for students in need. The location of the Coyote Pantry is two blocks west of the Weatherford campus at the Baptist Student Ministry (118 E. Park Ave., Weatherford). Pantry hours are Mon-Thurs. 8:30 am-4:30 pm and Fri. 8.30 am-12:00 pm (817-599-6586).