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Managerial Accounting

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Managerial Accounting
Accounting 211: Introduction to Managerial Accounting
Fall 2013 Syllabus
Professor
Feng Gao, Ph.D. Phone: (312) 996 – 4438
Office Hours: Monday 1:00 – 2:00pm 2321 UH Wednesday 1:00 – 2:00pm 2321 UH

Teaching Assistant
Uma Mulakala
Office Hours: Tuesday 1:00-3:00pm 2347 UH
Thursday 1:00-3:00pm 2347 UH

Anita Ivanova
Office Hours/Review Sessions: TBA

Course Email: actg211uic@gmail.com

Class Schedule
27836 11:00-11:50 M/W/F LC A001
27837 10:00-10:50 M/W/F BSB 250

Prerequisite
Accounting 110/210, sophomore standing, and enrollment in the College of Business Administration.

Course Objectives and Learning Goals
The main objective of this course is to provide conceptual understanding of “business processes and analysis”, and the skills for applying the management accounting knowledge to decision making in business practice.

By the end of the class, you should be able to achieve the following learning goals: (1) classify various costs in the manufacturing process; (2) understand job-order costing process; (3) grasp the cost-volume-profit relations; (4) differentiate between different costing methods; (5) perform profit planning and (6) calculate turnover, margin and return on investments.

Course Success
In order to succeed to your satisfaction in this class, you are expected to devote six to ten hours a week to this class beyond lectures. Class attendance improves your grade. The quizzes and homework (problem sets) improve your understanding of the material and exam success. Advance reading prior to lectures, followed by quiz and homework problems have been found to lead to higher grades in management accounting. A non-programmable calculator is a necessity in class.

Course Materials and Websites

1. Managerial Accounting, 14th edition by Garrison, Noreen, and Brewer, McGraw-Hill Irwin, 2011 (ISBN # 0078111005). An economic custom version for UIC students is available from the UIC

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