ACC 1110 A01 (3CH) INTRODUCTORY MANAGERIAL ACCOUNTING

FALL 2020 Online Distance Learning

CONTENTS CONTENTS ............................................................. 1

INSTRUCTOR ......................................................... 1

COURSE DESCRIPTION........................................... 1

COURSE FORMAT .................................................. 2

COURSE MATERIALS .............................................. 2

ASSESSMENT OF LEARNING .................................. 3

COURSE CONDUCT ................................................ 5

MISSED EXAM AND LATE SUBMISSION POLICY .... 5

OUT-OF-CLASS COMMUNICATION ....................... 5

TENTATIVE CLASS SCHEDULE ................................ 6

IMPORTANT DATES ............................................... 8

INTENDED LEARNING OUTCOMES ........................ 9

ACADEMIC INTEGRITY POLICY ............................ 10

Typical Penalties for Academic Dishonesty in the Asper School ....................................................... 11

STUDENT SERVICES AND SUPPORTS ................... 12

INSTRUCTOR Name: Janet Morrill Office: 496 Drake Centre Email: janet.morrill@umanitoba.ca Office hours: Fri, 9.00 am-noon; or by appointment COURSE DESCRIPTION This first course in managerial accounting introduces students to the use of accounting information for internal management decision-making. The internal user focus is a notable contrast to the emphasis in financial accounting of reporting the results of a company’s operations to external users. The course is designed from the perspective of the general manager, and its primary purpose is to develop the ability to use rather than to prepare accounting information.

Specifically, this course should help you to

Apply basic cost concepts to develop costing systems that will determine the cost of a company’s products or services. Accurate cost data is an essential prerequisite for proper managerial decision-making.

Apply management accounting concepts and techniques in order to make wise choices between competing alternatives. This requires the ability to extract relevant information from accounting records, reports or statements, and to properly use this information.

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Explain management control systems and utilize these concepts in evaluating the performance of managers, products, or economic units.

The course will also address the following learning goals:

Ethics: students will be exposed to ethical situations in assigned homework questions and classroom discussions

Communications: students will be encouraged to participate in classroom discussions and will be evaluated on written communication on examination papers.

Quantitative methods: students will develop skills in basic quantitative analyses in assignment homework questions and classroom activities

Critical thinking: students will be expected to determine which decision analyses are required in various situations, the underlying assumptions and limitations of the analyses, and what additional information should be considered.

COURSE FORMAT Classes in this course will not involve in-person instruction. Thursday classes in this course will be conducted “live” via videoconferencing zoom: your attendance is encouraged. Power point slides with instructor voice-over will be available for both Tuesday and Thursday classes.

Please obtain the permission of the instructor prior to audio/video-recording a lecture. COURSE MATERIALS

1) Garrison et al. Managerial Accounting, Eleventh Canadian Edition (11th CE), McGraw Hill Ryerson: Garrison 11th CE print book with Connect ISBN = 9781260193770 or Garrison 11th CE Connect + eBook ISBN = 9781260193749

Do not throw away the Connect access code card included in the 11th CE that comes with your new textbook. You need it to access the Connect site for assignments, e-book videos, and other resources. If you had purchased a copy of the new 11th edition prior term, the access code came with the text should be valid.

2) McGraw Hill Connect Section: ACC 1110 J Morrill Fall 2020 Course Name: Garrison 11th Edition with LearnSmart Instructor: Janet Morrill Connect Site: https://connect.mheducation.com/class/j-morrill--acc-1110---fall-2020 Registration Help: http://bit.ly/StudentRegistration

Please note that the online assignments, midterm and final exam will be given on the Connect platform, therefore access to CONNECT is crucial and mandatory.

3) ACC 1110 class materials in UM Learn course website are organized by chapter. In UM Learn, each section has a “How to procced” section to guide you through the learning process. Class materials in UM

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Learn include PowerPoint Presentation files, PPT.

Access the course website via https://universityofmanitoba.desire2learn.com/d2l/login using your UMnetID account. Once you are at your UM Learn page, click on the ACC 1110 title. If you do not yet have an UMNetID account, go to the U of M home page, click on “current students” and go to “Activate UMnetID” in the “Online Services” section. That will take you through the University’s claim-id procedure.

4) There are some Zoom webconference calls that you may find helpful. These would require that you have access to the Zoom application, and the ability to listen in and participate if you so choose. There is also the potential that the Zoom application will be used during the exam process. Please ensure that you are video and speaker enabled.

It is important to set your UM Learn profile to forward mail to the email address you use most often. That way, course announcements will be sent to that email address. Please respect copyright laws. Photocopying textbooks or other reading material is a violation of copyright laws and is unethical, unless permission to copy has been obtained. ASSESSMENT OF LEARNING

Midterm Examination: Chapters 1 to 5 & 7

Oct 29 at 6:00 – 8:00 PM (Based on Central Time, CST)

35.0%

6 Connect On-Line Assignments: (2% each on best 5 assignments) 10.0% Assignment 1: Ch. 2 By 11:55 PM, Sept 25, 2020 Assignment 2: Ch. 4 By 11:55 PM, Oct 9, 2020 Assignment 3: Ch. 5 By 11:55 PM, Oct 16, 2020 Assignment 4: Ch. 8 By 11:55 PM, Nov 6, 2020 Assignment 5: Ch. 10 By 11:55 PM, Nov 27, 2020

Assignment 6: Ch. 11 & Appendix By 11:55 PM, Dec 4, 2020 Group Excel Assignments: 10.0% Activity Based Costing By 4:00 PM, Oct 23, 2020 in UM Learn Dropbox (4%) Budgeting By 4:00 PM, Nov 20, 2020 in UM Learn Dropbox (6%) Final Examination: (45%) Cumulative Final Exam, (TBD)

45.0%

Total 100.0%

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Letter Grades Of all the students who get 50% or over in the course:

the top 5% of the class will get an A+

next 10% will get an A

next 20% will get a B+

next 20% will get a B

next 20% will get a C+

next 20% will get a C

next 5% will get a D Getting less than 50% in the course will result in an F grade.

To protect the academic integrity of education at the Asper School, certain protocols will be observed for online exams. For instance, in some courses, the online exam will set up such that each student will get a random subset of questions from a larger question bank, which means no two students will get exactly the same exam. Further, a very small number of questions will appear on a screen and you may not have the option to move back to questions you have already answered. The instructor may require your camera be on and directed at you for the entire duration of the exam. ABC and Budget Group Excel Assignments: Both assignments are to be done in groups using Excel functions and templates provided. Save your final team work in the Excel Workbook before submitting in the Dropbox on UM Learn course website. Late, individual, or in-person paper-based submissions will not be accepted. Marks will be lost for not using the Excel functions or format. Near the end of term, a peer evaluation form will be provided for students who wish to fill out. Individual score of each assignment will be adjusted accordingly to compute the end-of-term course grade. Groups will be assigned by the instructor when the registration revision period is over. It is suggested that you make a copy of your answer to check against the answer key. For both assignments, the credit is based on having certain check figures correct.

Mandatory Connect Assignments for the 11th CE : You will receive full credit of 2% on each assignment when you score 100%. When scoring less than 100% on a Connect assignment, weighted credit is calculated according to your actual score on the assignment. For example, if you received 80% on Connect Assignment 1, your weighted credit is 2% x 80 = 1.6% of course grade. The best five out of six assignments will be included in your course grade. Be advised that you MUST hit “SUBMIT” to submit the assignment to Connect: it is not submitted automatically. Late assignments are not accepted.

Examinations: The exams will be hosted online and may require proctoring software (video and speaker enabled).

End of chapter self-study questions: The Connect assignments are NOT sufficient preparation for this course. This course outline includes a list of self-study questions that should to be done at the end of each chapter. These questions are designed to allow students to review lecture material and to practice applying knowledge of each subject area. Reviewing the assigned Connect e-book video(s) before attempting the self-study questions will be helpful. Solutions of after-chapter problems are provided in the UM Learn course site.

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Students may benefit from working on questions with a study partner or in a small group. This will help ensure completeness of your individual responses. Questions will not be handed in for grading. It is each student’s responsibility to check their own responses against solutions in detail and to identify areas where improvement is necessary. Any persistent difficulties should be discussed with the instructor during office hours or by email. COURSE CONDUCT Students are expected to:

Behave in a courteous and professional manner in all dealings with both their fellow students and the professor even though we may be only on an online environment. Students who exhibit behaviours that detract from the quality of the class (e.g., being disruptive) may be asked to correct their behaviour or be asked to leave the virtual classroom.

Complete the text reading prior to class.

MISSED EXAM AND LATE SUBMISSION POLICY

There is no make-up midterm examination. In all cases of midterm absence, the instructor should be advised within 7 calendar days of the examination date and receive suitable documentation. Students who miss the midterm examination for legitimate reasons (medical, compassionate, or COVID-19 complications) and provide suitable documentation in time will have the weight of midterm exam put on the final exam. Note that a conflict with employment is not an excused absence considered by the University. In case of a midterm conflict with another course of our university, students should ask the instructor of the other course if there is a deferred midterm, if not, be prepared to write back-to-back midterm examinations of both courses on the same date. Students who miss the final examination must apply to the Undergraduate Program Office, Room 268 Drake, for possible deferred examination privileges. OUT-OF-CLASS COMMUNICATION PowerPoint files, assignment/project guidelines, other class-related files, and grades will be posted on UM Learn. Moreover, any announcements outside of class will be sent by e-mail from UM Learn. It is your responsibility to check your UofM e-mail account frequently so that you don’t miss these emails.

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TENTATIVE CLASS SCHEDULE PPT stands for PowerPoint presentation. Homework Questions are assigned after-chapter questions from the textbook for self-practice purposes. PPT, Solution Manual to after-chapter questions, and Demo videos can be accessed via UM Learn/Resources/Content/Chapter. *material may be covered at different times depending on the time required

Date Chapter/Topic In Class Problems

Homework Labs

Sept 10-Zoom 1- Managerial Accounting and the Business Environment

P: 1-7, P1-8 Q:1-1, 1-2, 1-4, 1-7, 1-9, 1-12,

E1-3, P1-5, P1-6

Sept 15 Sept 17-Zoom

2- Cost Terms, Concepts, and Classifications

E2-2, E2-4, P2-14, P2-24

Q:2-1, 2-2, 2-3, 2-5, 2-6, 2-7, 2-8, 2-9, 2-10 , 2-11, 2-12, 2-13, 2-14, 2-15, 2-16 E:2-9, 2-6, 2-11 P:2-13, 2-18, 2-20

E2-1, P2-19, P2-22

Sept 22 Sept 24-Zoom

3- Cost Behaviour: Step-Variable and Types of Fixed Costs; Mixed Costs

E3-8, P3-17

Q: 3-2, 3-8, 3-12, 3-13, 3-14; E:3-3, 3-4, 3-5, 3-7, 3-10, P:3-11, 3-15

E3-1, P3-12, P3-13, P3-14 ignore req. 1

Sept 25 Connect Assignment #1 due by 11:55 PM, CST (ch2)

Sept 29 Oct 1-Zoom

4- Cost-volume Profit Relationships (omit sales mix, pages 111 - 114)

E4-11, P4-19, P4-30

Q:4-2, 4-3, 4-4, 4-5, 4-6, 4-11 E: 4-1, 4-3, 4-4, 4-5, 4-10, 4-12, 4-16 P: 4-18, 4-22, 4-27, 4-31

E4-4, E4-5, E4-6, P4-21

Oct 6 Oct 8-Zoom

5 - System Design: Job Order Costing; Appendix 5A pages 193-194

E5-3, E5-11, P5-17

Q: 5-1, 5-2, 5-3, 5-4, 5-6, 5-7, 5-8, 5-10, 5-13, 5-14, 5-15 E: 5-1, 5-4, 5-6, 5-8, 5-10, 5-14 P: 5-18, 5-22

E5-5, E5-13, P5-21

Oct 9 Connect Assignment #2 due by 11:55 PM, CST (ch 4)

Oct 13 Oct 15-Zoom

7 - Activity Based Costing: A tool to aid decision making

E7-2,P7-20

Q: 7-1,7-2,7-5, 7-6, 7-10, 7-11 E:7-3, 7-4, 7-5, 7-10, 7-11, 7-12, 7-16 P 7-22

E7-1, E7-7, P7-19

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Oct 16 Connect Assignment #3 due by 11:55 PM, CST (ch 5)

Oct 20 Oct 22-Zoom

8- Variable Costing: A Tool for Management

E8-5, P8-11, P8-16

Q:8-1, 8-2, 8-3, 8-6, 8-7, 8 -9 E:8-1, 8-2, 8-7, 8-10 P:8-14, 8-17

E8-3, P8-12

Date Chapter/Topic In Class Problems

Homework Labs

Oct 23 ABC Group Assignment due by 4:00 PM, CST; Submit via UM Learn Dropbox, Only the most recent submission is kept for grading.

Oct 27-Zoom Oct 29

9- Budgeting budget handout

Q: 9-1, 9-3, 9-8 P: 9-13

E9-3, E9-7, E9-9, P9-11

Oct 29 Midterm 6:00 PM to 8:00 PM, CST (Chapters 1 – 5 & 7)

Nov 3 Nov 5-Zoom

9-Budgeting (continued)

P9-13 Q: 9-5, 9-13; E: 9-1, 9-2, 9-4, 9-5, 9-6; 9-7, 9-10 Foundation Exercise P: 9-18, 9-25 C: 9-27

Nov 6 Connect Assignment #4 due by 11:55 PM, CST (ch 8)

Nov 9-13 Reading Week (no school)

Nov 17 Nov 19-Zoom

10- Standard Costs and Overhead Analysis (Omit Fixed OH pages 404-413 & App)

P10-23, P10-29

Q: 10-1, 10-2, 10-7, 10-10, 10-12, 10-17 E: 10-2, 10-7, 10-8, 10-16 P: 10-21 (omit 4), 10-35

E10-1, E10-3, E10-6, E10-9, P10-20

Nov 20 Budget Group Assignment due by 4:00 PM, CST; Submit via UM Learn Dropbox, Only the most recent submission is kept.

Nov 24 Nov 26-Zoom

11- Reporting for Control and Appendix 11A Transfer Pricing

P11-15, P11-18, P11A-10

Q: 11-1, 11-2, 11-4, 11-5, 11-8, 11-9, 11-10, 11-11, 11-13, 11-14, 11A-1, 11A-2, 11A-3 E: 11-4, 11-7, 11-8, 11-9, 11-11, 11A-1, 11A-2, 11A-3 P: 11-18, 11-20, 11A-12

E11-1, E11-3, E11-5, E11-11

Nov 27 Connect Assignment #5 due by 11:55 PM, CST (ch 10)

Dec 1 Dec 3-Zoom

12-Relevant Costs for Decision Making and Appendix 12A pages 579-585

E12-4, E12-6, E12-11, P12-22, P12-27

Q: 12-1, 12-2, 12-5, 12-6; E: 12-9, 12-14, 12-5, 12-13, 12A-1, 12A-2 P: 12-24, 12-26

E12-1, E12-2, E12-3, E12-4, P12-21, P12-27

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Dec 4 Connect Assignment #6 due by 11:55 PM, CST (ch 11)

Dec 8 12 (continued)

Dec 12-23

Final Exam (Comprehensive) - TBD

IMPORTANT DATES These are set by the University Administration and can be found at http://umanitoba.ca/student/records/deadlines/index.html.

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INTENDED LEARNING OUTCOMES

AACSB Assurance of Learning Goals and Objectives. The Asper School of Business is proudly accredited by AACSB. Accreditation requires a process of continuous improvement of the School and our students. Part of “student improvement” is ensuring that students graduate with the knowledge and skills they need to succeed in their careers. To do so, the Asper School has

set the learning goals and objectives listed below for the Undergraduate Program. The checked goal(s) and objective(s) will be addressed in this course and done so by means of the items listed next to the checkmark.

Goals and Objective in the Undergraduate Program

Goals and Objectives Addressed

in this Course

Course Item(s) Relevant to these Goals and Objectives

1 Quantitative Reasoning

A. Determine which quantitative analysis technique is appropriate for solving a specific problem.

Entire course

B. Use the appropriate quantitative method in a technically correct way to solve a business problem.

Entire course

C. Analyze quantitative output and arrive at a conclusion.

Entire course

2 Written Communication

A. Use correct English grammar and mechanics in their written work.

Short-answer assignment questions

B. Communicate in a coherent and logical manner Short-answer assignment questions

C. Present ideas in a clear and organized fashion. Short-answer assignment questions

3 Ethical Thinking

A. Identify ethical issues in a problem or case situation Qualitative assignments and exams

B. Identify the stakeholders in the situation.

C. Analyze the consequences of alternatives from an ethical standpoint.

Qualitative assignments and exams

D. Discuss the ethical implications of the decision. Qualitative assignments and exams

4 Core Business Knowledge Entire course

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ACADEMIC INTEGRITY POLICY It is critical to the reputation of the Asper School of Business and of our degrees that everyone associated with our faculty behave with the highest academic integrity. As the faculty that helps create business and government leaders, we have a special obligation to ensure that our ethical standards are beyond reproach. Any dishonesty in our academic transactions violates this trust. The University of Manitoba General Calendar addresses the issue of academic dishonesty under the heading “Plagiarism and Cheating.” Specifically, acts of academic dishonesty include, but are not limited to:

using the exact words of a published or unpublished author without quotation marks and without referencing the source of these words

duplicating a table, graph or diagram, in whole or in part, without referencing the source paraphrasing the conceptual framework, research design, interpretation, or any other ideas of

another person, whether written or verbal (e.g., personal communications, ideas from a verbal presentation) without referencing the source

copying the answers of another student in any test, examination, or take-home assignment providing answers to another student in any test, examination, or take-home assignment taking any unauthorized materials into an examination or term test (crib notes) impersonating another student or allowing another person to impersonate oneself for the purpose

of submitting academic work or writing any test or examination stealing or mutilating library materials accessing test prior to the time and date of the sitting changing name or answer(s) on a test after that test has been graded and returned submitting the same paper or portions thereof for more than one assignment, without discussions

with the instructors involved Group Projects and Group Work

Many courses in the Asper School of Business require group projects. Students should be aware that group projects are subject to the same rules regarding academic integrity. All group members should exercise special care to ensure that the group project does not violate the policy on Academic Integrity. Should a violation occur, group members are jointly accountable unless the violation can be attributed to specific individuals. Some courses, while not requiring group projects, encourage students to work together in groups before submitting individual assignments. If it’s unclear whether it is allowed, students are encouraged to seek clarification from the instructor to avoid violating the academic integrity policy. In the Asper School of Business, all suspected cases of academic dishonesty in undergraduate courses are reported to the Dean's office and follow the approved disciplinary process. See following table for typical penalties for academic dishonesty in the Asper School.

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Typical Penalties for Academic Dishonesty in the Asper School

If the student is from another Faculty and the academic dishonesty is committed in an Asper course, the student’s Faculty could match or add penalties beyond the Asper School’s. F-DISC on transcript indicates the F is for disciplinary reasons.

ACADEMIC DISHONESTY PENALTY

Cheating on exam (copying from or providing answers to another student)

F-DISC in course Suspension from taking Asper courses for 1 year Notation of academic dishonesty in transcript

Sharing exam questions electronically during exam

F-DISC in course Suspension from taking Asper courses for 2 years Notation of academic dishonesty in transcript

Possession of unauthorized material during exam (e.g., cheat notes)

F-DISC in course Suspension from taking Asper courses for 1 year Notation of academic dishonesty in transcript

Altering answer on returned exam and asking for re-grading

F-DISC in course Suspension from taking Asper courses for 1 year Notation of academic dishonesty in transcript

Plagiarism on assignment F-DISC in course Suspension from taking Asper courses for 1 year Notation of academic dishonesty in transcript

Submitting paper bought online F-DISC in course Suspension from taking Asper courses for 1 year Notation of academic dishonesty in transcript

Inappropriate Collaboration (collaborating with individuals not explicitly authorized by instructor)

F-DISC in course Suspension from taking Asper courses for 1 year Notation of academic dishonesty in transcript

Group member had knowledge of inappropriate collaboration or plagiarism and played along

F-DISC in course Notation of academic dishonesty in transcript

Signing Attendance Sheet for classmate

F-DISC in course Notation of academic dishonesty in transcript

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STUDENT SERVICES AND SUPPORTS The University of Manitoba provides many different services that can enhance learning and provide support for a variety of academic and personal concerns. You are encouraged to visit the below websites to learn more about these services and supports. If you have any questions or concerns, please do not hesitate to contact your instructor or the Undergraduate Program Office.

For Information on… …follow this link

Tech-related issues with UM Learn or videoconferencing Information Services & Technology

Admission, Registration, Tuition Fees, Important Dates, Final Exams, Graduation, and Transcripts

Registrar’s Office

Academic policies & procedures, regulations, Faculty-specific information, degree and major requirements

Academic Calendar

Help with research needs such as books, journals, sources of data, how to cite, and writing

Library Resources

Tutors, workshops, and resources to help you improve your learning, writing, time management, and test-taking skills

Writing and Learning Support

Support and advocacy for students with disabilities to help them in their academic work and progress

Student Accessibility Services

Copyright-related questions and resources to help you avoid plagiarism or intellectual property violations

Copyright Office

Student discipline bylaws, policies and procedures on academic integrity and misconduct, appeal procedures

Academic Integrity

Policies & procedures with respect to student discipline or misconduct, including academic integrity violations

Student Discipline

Students’ rights & responsibilities, policies & procedures, and support services for academic or discipline concerns

Student Advocacy

Your rights and responsibilities as a student, in both academic and non-academic contexts

Your rights and responsibilities

Full range of medical services for any physical or mental health issues

University Health Service

Information on health topics, including physical/mental health, alcohol/substance use harms, and sexual assault

Health and Wellness

Any aspect of mental health, including anxiety, stress, depression, help with relationships or other life concerns, crisis services, and counselling.

Student Counselling Centre

Support services available for help regarding any aspect of student and campus life, especially safety issues

Student Support Case Management

Resources available on campus, for environmental, mental, physical, socio-cultural, and spiritual well-being

Live Well @ UofM

Help with any concerns of harassment, discrimination, or sexual assault

Respectful Work and Learning Environment

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Concerns involving violence or threats, protocols for reporting, and how the university addresses them

Violent or Threatening Behaviour