MBA515 Accounting for Mgt Decisions

for U1P 2011

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Vision Statement: Park University's School of Graduate and Professional Studies will be an international leader in providing innovative graduate and professional educational opportunities to learners within a global society.


MBA 515 Accounting for Mgt Decisions


U1P 2011 DL


Peck, Rebecca A. (Becky) CPA


Adjunct Faculty


MBA, emphasis in marketing, UMKC
Graduate Certificate in Business Ethics--Bentley College
BS in Accounting, Truman State University

Office Location

Mackay LL1

Daytime Phone




Semester Dates

Monday, June 6, 2011 - Sunday, July 31, 2011

Class Days


Class Time



AC 201 and AC 202 or equivalent approved by Program Director

Credit Hours



Garrison, Noreen and Brewer, Managerial Accounting, McGraw-Hill Irwin, 2008, Thirteenth Edition, ISBN: 978-0-07-337961-6, Web Site

Please make sure you have the 13th edition.  Also, do NOT purchase the International Version.  It is NOT the book we will be using.  

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

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Course Description:
MBA 515 Accounting for Management Decisions: This course emphasizes the accounting data and techniques employed by management for decision making in for-profit businesses, non-for-profit and governmental organizations to analyze, evaluate, and convey their economic events and reporting status. Areas covered include cash flow analysis, financial statement analysis, variable costing, product costing, cost predictions, cost-volume-profit considerations, operational budgeting, variance analysis, return on investment and capital budgeting decisions. The course uses accounting case studies and a term project to evaluate the students comprehension of the material. Prerequisites: AC 201 and AC 202 or equivalent approved by Program Director. (Formerly AC 515)

Learning Outcomes:
  Core Learning Outcomes

  1. Demonstrate a basic knowledge of managerial accounting.
  2. Analyze an internal management issue and determine the accounting impact on the decision making process.
  3. Explain the importance of managerial accounting in the decision-making process within the business.
  4. Identify current managerial accounting issues and how they affect the business environment.
  5. Formulate and analyze a Statement of Cash Flows.
  6. Analyze the financial statements of a business.
  7. Develop an Operational, Financial and Capital budget for a business.
  8. Explain the role of responsibility accounting and its implications for the Manager.
  9. Measure the performance of various segments of the business.

  Instructor Learning Outcomes
  1. Analyze the principles fixed and variable costs and predict future trends using by various methodologies to include the high low method and regression analysis
  2. Calculating and prepare financial reports using the variable costing approach and the reports to analyze the cost-volume-profit relationship.
  3. Prepare and analyze a statement of cash flows using the indirect method.
  4. Analyze financial statements using vertical analysis, horizontal analysis and ratio analysis.
  5. Calculate and analyze product cost by using process costing, job-order costing or activity based costing methodologies.
  6. Prepare budgets using standard cost and analyze the variances from budget for direct material, direct labor and all overhead; prepare the future financial statements resulting from the budget preparation process.
  7. Compute and analyze the return on investment and the residual income, and identify the effects of changes in sales, expenses and assets on these measures.
Core Assessment:

Class Assessment:

Your grade will be determined by your work on the following:  (1) Graded Homework assigned weekly; (2) Initial responses to weekly threaded discussion questions as well as participation on the Weekly Threaded Discussion Board; (3) Cases completed --group work; (4) Mid Term Exam; (5) Final Exam. All submissions will be graded on relevance, comprehensiveness, specificity, clarity and analytical skills, as well as writing skills.

Weekly Threaded Discussions: (Weeks 1 through 8)

  • On a weekly basis, questions will be posted that require your active response and participation.
  • Responses should be long enough to thoroughly answer the questions or problems. All outside sources must be cited accordingly and per APA.
  • Do not copy and paste an entire article or web page.  Summarize important points and cite accordingly.
  • Please avoid using sources such as,,,, and as such.  You may use these sites for reference on specific topic but they are not considered reliable source.  Please use business and peer review publications via Park University Online Library.
  • 70/30 Rule:  When you answer the discussion questions (DQs), it is expected that you contribute at least 70% when completing the assignment and support your answers with research (30% direct quote).  In others words, you need to provide your own input by either explaining your readings, paraphrasing other readings, providing examples to elaborate the readings, etc. while citing your sources accordingly to APA.
  • Substantive and high value postings are expected.  Please check for grammar and spelling before posting your message.  All outside sources MUST be cited accordingly.  Additional research and providing real world examples are necessary.

Participation On Weekly Threaded Discussion Board: (Weeks 1 through 8)

  • To receive full participation credit you will be expected to contribute to the class discussion in a substantive way at least TWO out of SEVEN days each week.
  • You should post at least 2 substantive posts to your classmates during the week per discussion question.  So, for each week, you should have at least three posts on the threaded discussion board:  the first post is your own initial response to the weekly discussion question.  Your initial response must be posted by Thursday night.  Then, after reading your classmates' initial posts, you are to respond to at least two (2) of your classmates.
  • Please note the following postings do NOT qualify for participation:  study group, assignments, answering the discussion questions, Q & A, introduction.
  • “Substantive” postings relate to real world issues, build on the ideas of others, suggest alternative ideas, and even constructively disagree with other ideas.  Simply posting “I agree” will not be considered “substantive” participation. 
  • Posting less than two days or less than 2 posts per discussion question will result in a reduction of discussion question grade.


Term Project:

·         The Term Project is a team project and may not be submitted individually.

·         Contact me with any issues regarding nonparticipative team members.




Point each

Number of Items

Possible points in course(weighted average)

Percentage(%) of final Grade











Term Project





Mid-term Exam





Final Exam










Classroom Rules of Conduct:
Be responsible, reply to classmates with respect, bring up issues as soon as they arise, and approach your assignments as you would your job:  Give it your best.

Course Topic/Dates/Assignments:






Week 1

Statement of Cash Flows

Financial Statement Analysis

Chpt. 15

Chpt. 16

E15-3, P15-8, P15-9

E 16-8, P16-11, 16-12

Week 2

Managerial Accounting

Cost Terms, Concepts and Classifications

Chpt. 1

Chpt. 2

E 1-2, P 1-5, 1-6

E 2-8, P2-13, 2-24



Week 3


Job Order Costing

Process Costing (pp 148-172)


Chpt. 3

Chpt. 4


E3-10, 3-15, 3-18, P3-23

E4-2, 4-3, 4-7, 4-10


Week 4


Cost Behavior

Cost-Volume-Profit Relationships


Chpt. 5

Chpt 6


E5-6,E-17, P5A-5, 5-11

E6-5, 6-6, 6-9, P6-19


Week 5


Mid-term Examination (Chapters 1-6; 15; 16)

Activity Based Costing

Profit Planning (Budgeting)



Chpt. 8

Chpt. 9



E8-3, 8-14, P8-16, 8-17

E9-1,9-7,9-13, P9-19, P9-25


Week 6

Flexible Budget and Performance Analysis

Standard Costs and Operating Performance


Chpt 10

Chpt 11


E10-2,3,4, 5, 6, P10-17

E11-8, 10, P11-12


Week 7

Segment Reporting, Decentralization

Relevant Costs for Decision Making


Chpt 12

Chpt 13


E12-5,12-8,12-10, P12-22, 12-24

E13-2, 5, P13-17. 13-18


Week 8


Capital Budgeting Decisions

Final Exam (Chpts 8-14)


Chpt 14


E14-1,5, 8, 11, P14-17

Academic Honesty:
As a learning community, the University upholds the highest standards of academic integrity in all its academic activities, by faculty, staff, administrators and students. Academic integrity involves much more than respecting intellectual property rights. It lies at the heart of learning, creativity, and the core values of the University. Those who learn, teach, write, publish, present, or exhibit creative works are advised to familiarize themselves with the requirements of academic integrity and make every effort to avoid possible offenses against it, knowingly or unknowingly. Park University 2010-2011 Graduate Catalog Page 20


Plagiarism involves the appropriation of another person's ideas, interpretation, words (even a few), data, statements, illustration or creative work and their presentation as one's own. An offense against plagiarism constitutes a serious academic misconduct.  Although offenses against academic integrity can manifest themselves in various ways, the most common forms of offenses are plagiarism and cheating. Plagiarism goes beyond the copying of an entire article. It may include, but is not limited to: copying a section of an article or a chapter from a book, reproduction of an art work, illustration, cartoon, photograph and the like and passing them off as one's own. Copying from the Internet is no less serious an offense than copying from a book or printed article, even when the material is not copyrighted.

Plagiarism also includes borrowing ideas and phrases from, or paraphrasing, someone else's work, published or unpublished, without acknowledging and documenting the source. Acknowledging and documenting the source of an idea or phrase, at the point where it is utilized, is necessary even when the idea or phrase is taken from a speech or conversation with another person.

Park University 2010-2011 Graduate Catalog Page 20

Attendance Policy:

Instructors are required to maintain attendance records and report absences. Excused absences can be granted by the instructor, for medical reasons, school sponsored activities, and employment-related demands, including temporary duty. Students are responsible for any missed work. Absences for two successive weeks, without approved excuse, will be reported to the Director of the individual graduate program, or to the Executive Director for the Graduate School, for appropriate action. Students with such a record of absences, without an approved excuse, may be administratively withdrawn from the class and notified that an "F" will be recorded, unless the student initiates official withdrawal from the class(es).Park University 2010-2011 Graduate Catalog Page 24

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: .


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Last Updated:5/20/2011 10:18:19 PM