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AP/ADMS2510 3

Accounting

AP/ADMS2510 3.0 Introduction to Management Accounting
IMPORTANT INFORMATION BEFORE YOU DECIDE TO ENROLL Note 1 ADMS2510 is one of the largest enrolment classes on campus (approximately 1,500 students per year). This regrettably necessitates a very legalistic and inflexible approach to course administration. This course outline has been designed to provide you in advance with detailed guidance on every conceivable rule and regulation in the course. It represents a contract between you as a student and the Course Director, and there should be no deviations from these rules by either party. There will be no exceptions to assignment requirements, examination dates, and grade weighting. You should print out this document and keep it handy for reference throughout the course. Note 2 When you experience a conflict in your agenda, you may attend any sections. However, you must write your examinations in your assigned section. Note 3 From the beginning of the term, you should keep in mind the due dates for Connect SmartBook and Assignments. The schedule of the Connect due dates is listed in this course outline under section heading Connect SmartBook and Homework Assignments Schedule. The weight from missed Connect SmartBook and Assignments cannot be transferred to a midterm examination and/or the final examination. There is no extended deadline for missed Connect SmartBook and Assignments, as the solutions will be posted right after the due dates. It would be wise to review the solutions right after due dates to reinforce learning and to take timely corrective action on questions not successfully completed. Student’s lowest score on assigned SmartBook chapters as well as their lowest homework assignment score will be dropped when calculating the final Connect grade. ENROLMENT DEADLINE All sections for this course normally fill months in advance so early registration is important. If you did not get into the course before classes start, your chances of successfully enrolling are very slim. However, by contacting apsas@yorku.ca you can request your name be added to a list that is maintained with the only purpose of estimating the unsatisfied demand for the course, but students are not contacted when vacancies occur. The Course Director is not involved in the registration process in any way and cannot assist you with this process. Due to the high volume of material covered (five chapters in the first two weeks) and because of early dates of examinations, no registration is permitted after the “last date to enroll without permission”. Be aware of the important dates that apply to this course by checking the following site:
Course Description This first course in management accounting introduces students to the use of management accounting information for decision-making, planning and control in a wide range of organizations. Specifically, students learn the basic techniques of management accounting and, to a lesser extent, learn to apply those techniques through quantitative methods. Course Objectives The overall objectives of the course are to: 1. Meet the academic requirements of an honours level course as part of a business degree program at university. 2. Meet requirements to be counted by CPA Ontario towards professional certification. In particular, this course aims to: 1. Help students learn to gather and develop information. 2. Help students learn to draw conclusions and form opinions from a set of data. 3. Introduce students to an entity's strategic plan. 4. Assist students in understanding how to evaluate the entity's performance management and the internal reporting systems. 5. Introduce students to the concept of the entity's risk management process. 6. Help students understand and be able to identify management information sources and needs. 7. Assist students in understanding how to prepare an entity's budget and how to relate this to the entity's planning process. EVALUATION AND GRADES Grades are a measure of the performance of a student in individual courses. Each student shall be judged on the basis of how well she or he has command of the course materials. Connect SmartBook Assignments Ongoing Refer to Connect schedule 5% Connect Homework Assignments Ongoing Refer to Connect schedule 10% Midterm Test 1** Fri Feb 11, 2022 10am-1pm 25% Midterm Test 2** Fri Mar 11, 2022 10am-1pm 25% Final Examination (cumulative) Final Exam Period 35% Total 100% **Logistics will be posted on the course website closer to the midterm date. Midterm alternative sitting time (for religious accommodation/conflicts with scheduled sitting) Midterm 1: Friday Feb 11, 2022 8am-11am Midterm 2: Friday Mar 11, 2022 8am-11am Alternative midterms sitting times are available for students who are unable to attend the regular scheduled midterm sitting. Please see for instructions posted to eClass on how to apply to write during an alternative sitting.
Lectures On-campus sections will have their lecture in the designated lecture hall at York. Attending class lectures is essential to help you better understand class materials and provide you chances to ask course directors course-related questions face to face. Remote sections will have their lectures via Zoom. Please see page 1 of this outline. Weekly Connect Assignments – SmartBook and Homework (15%) Please carefully read Connect step by step registration instructions. The Connect SmartBook and the Connect Homework Assignments are part of your course work and are located in Connect, which is an adaptive learning tool that pinpoints critical concepts you need to learn and maps out a personalized study plan to ensure success. The Connect due dates are specified in this course outline document. Each assignment is due at 11:59 pm on the due date which cannot be extended. Connect SmartBook (5%) include quiz-type questions for you to self-assess your understanding after finish reading each chapter. Students have unlimited attempts for SmartBook questions. Student’s lowest score of the assigned chapters will be dropped when calculating the final grade. Connect Homework Assignments (10%) include quantitative and algorithmic questions. Students are allowed 3 attempts to finish assignments #1 to #10 and only your best score will be recorded when exporting your Connect Assignment grades. There is no time limit for each attempt. Students can work on these assignments over time and their work and progress will be saved. Student’s lowest score of the homework assignments will be dropped when calculating the final grade. Feedback will only be provided after the due date for each homework assignment has passed. To access the available feedback after the due date has passed, please follow the steps below: 1. Click “See Report” next to any submitted assignment 2. On the next screen, find the assignment for which you would like to view feedback 3. Click into your final attempt 4. You should see each question with detailed feedback Students who complete less than 3 attempts may need to wait a few days for feedback report to appear. Students are recommended to complete all 3 attempts. Students who complete all 3 attempts or score 100% can access to the feedback immediately after the due date has passed. Midterm Tests (two midterms 25% each) As a multi-section course, the midterm tests in ADMS2510 are scheduled outside of scheduled lecture times. Logistics will be communicated via eClass. Midterm tests will consist of 4-5 questions. Questions will be based on exercises and problems from the assigned textbook chapters. You should not take this course if you are unable to attend the midterm tests. Important: Once a test begins, you are considered a sitting writer (your assessment will be marked, and your grade recorded). Your midterm grade is not eligible to be transferred or reweighted due to poor performance, or if you choose to not continue to write or leave early.
If you are unable to attend the regular midterm sitting, then you should plan to write at the alternative sitting time, typically earlier on the same day or the day before. To do so, please email your Course Director at least two weeks in advance of the test. For in-person assessments, students are not permitted to leave the test location during the first 30 minutes and last 15 minutes of the test. Students who arrive more than 30 minutes late for the midterm test will not be allowed to write. You must sign in and out of the test location. Please remember to bring your YorkU Student ID or Canadian Government Issued ID. If you miss a midterm test, there is no make-up test. The full weight of only one midterm test can be transferred to the Final Exam. The Final can be a maximum of 70% of the course. Please refer to policies and procedures for missed exams under University Regulations and Procedures for more information. If both midterms are missed there is no possibility to defer a midterm to a subsequent term. As mentioned above the weight of the Final Exam can be a maximum of 70% of the course grade. This means 15% of the weight of ADMS2510 would be forfeited. There are no exceptions to this policy under any circumstances. Tutorial Sessions Please refer to the Weekly Tutorial Schedule for details. Tutorial sessions are not mandatory. Tutorial sessions are designed to cover a set of problems and exercises. The tutorial lead will go through textbook problems and assist students in areas where they have concerns. You are invited to attend all the sessions offered each week. Practice Problems There are lots of practice problems and solutions in your textbook. As you will be tested with questions comparable to exercises and problems from assigned textbook chapters, all textbook exercises and problems are good practice for the midterm and final examinations. The formula for success in a “problems” course such as accounting is always to work as many exercises and problems as time permits. Whenever a student asks their accounting professor how to improve their grade, the automatic answer is to work more exercises and problems. You are expected to spend substantial amount of time on problems. For problems you are still confused after understanding textbook materials and reviewing solutions, you could seek help by asking your course director or attend tutorial sessions. Please note that the number of posted textbook solutions is limited to those that the course has consent from the publisher to provide. Final Examination (35%) The final exam is scheduled by the York University Registrar Office for the formal examination period, and thus the date of the final exam is not known when this course outline is issued. The final exam will consist of 4-6 questions. Questions will be based on exercises and problems from the assigned textbook chapters. Part of a question may test the material covered in the week covering data analytics. You should not book travel plans in this period. The exact date, time and location are published by week 10. Consult the York University website for official timetable information. You will not be allowed to write the exam if you are more than 30 minutes late. If for any reason you will have to miss the final exam, you need to submit a formal request to the school (not to the course director) by following procedures specified in the “Relevant University Regulations” section of this course outline, before the stated deadline.
Bonus Mark (1%) At the course director’s discretion, students in this course may receive a 1% bonus if 70% or more of them complete the online course evaluation. The course director will explain the importance of evaluations and provide time in class for completing the evaluation. CONTACT INFORMATION All computing issues - contact: helpdesk@yorku.ca All administrative questions, textbook materials, and chapter problems – contact the Course Director. Course Directors answer all administrative questions and questions related to the textbook materials and end-of-chapter questions. If you want help with a problem, please email it to your course director. It is important that your email be properly labeled and show the calculations you have made. Make sure you send your message from your yorku.ca email account. For security reasons, we might not respond to Gmail/Hotmail etc. Make sure to include your name, student number, and section number in all your emails. This course has many students, it is important for you to follow the email protocol. Messages that do not follow the above email protocol might be returned to you asking for re-submission or might be recognized as junk mail and will not be addressed. When do I contact the Course or Area Coordinator? Email the Course or Area Coordinator if you do not hear from the email sent to the Course Director within 72 hours (excluding weekends and holidays), or if you feel your questions/concerns are not properly addressed by the Course Director. Course Website All course materials are contained on the eClass website under the course code ADMS2510. The website has restricted access; you will have to log in with your York Passport account. The website contains: • This course outline • Announcements on all important matters in the course. You should check these several times a week • Lecture slides to print as course notes • Examination information • Solutions for all even numbered exercises and problems from the textbook. Due to copyright requirements, not all solutions can be posted on the course website. If you would like to review solutions for odd numbered exercises and problems, you need to email your course director and share your attempt or bring it to the tutorial session. Your attempted solutions will then be used to provide guidance on how to solve the problem. Computing Requirements This course has an extensive computer interface and you will need access to a multi-media computer with a high-speed Internet connection. The most recent versions of Adobe Reader and Apple QuickTime are required to view course materials, available by free download from www.adobe.com and www.quicktime.com, respectively. A computer and speakers (or headphones) will be required to read and listen to the recorded material that complements the text. ‘Adobe Reader’ and ‘QuickTime’ are needed to view the multimedia clips that illustrate and explain the concepts. There are free computer labs on campus for registered students who do not possess these computing resources. Campus computers do not have speakers, so you will have to supply your own headphones.

UNIVERSITY REGULATIONS AND PROCEDURES Missed Tests and Assignments (including midterm examinations) If you miss a midterm test, the weight can be transferred to the Final Exam. An Attending Physician’s Statement (APS) form is not required for one missed midterm test. You cannot miss both midterms as the Final Exam can be a maximum of 70% of the course; therefore, it is not advised to miss both midterm tests. Connect assignments and quizzes CANNOT be transferred. You could find the APS from the following link: https://myacademicrecord.students.yorku.ca/pdf/attending-physicians-statement.pdf?tab=3. Concerns with Marking If you have any concern with the marking of your work, contact your course director through email to have your concern addressed. Note, as there is a certain amount of judgment in marking, the entire exam or assignment may be re-marked, and the overall mark could go up, stay the same, or fall. Please note, if you wrote in pencil the midterm test may not be re-marked if the course director cannot decide if the writing is original. Deferred Exams Deferred standing may be granted to students who are unable to write their final examination at the scheduled time or to submit their outstanding course work on the last day of classes. Details can be found at http://myacademicrecord.students.yorku.ca/deferred-standing Any request for deferred standing on medical grounds must include an Attending Physician's Statement form; a “Doctor’s Note” will not be accepted. Students apply for deferred standing through the School’s website: https://sas.laps.yorku.ca/students/school-policies/. The DSA and supporting documentation must be submitted no later than five (5) business days from the date of the exam. These requests will be considered on their merit and decisions will be made available by logging into the above-mentioned link. No individualized communication will be sent by the School to the students (no letter or e-mails). Students with approved DSA will be able to write their deferred examination during the School's deferred examination period. No further extensions of deferred exams shall be granted. The format and covered content of the deferred examination may be different from that of the originally scheduled examination. The deferred exam may be closed book, cumulative and comprehensive and may include all subjects/topics of the textbook whether they have been covered in class or not. Any request for deferred standing on medical grounds must include an Attending Physician's Statement form; a “Doctor’s Note” will not be accepted. IMPORTANT NOTE: Any request for deferred standing on medical grounds must comply with University regulations. At the time of writing of this outline, the requirement for APS forms had been suspended due to COVID-19. If it resumes, the University will inform you of such resumption, and you would include an Attending Physician's Statement form; a “Doctor’s Note” will not be accepted. Students who submit a request in compliance with University regulation or with approved DSA will be able to write their deferred examination during the School's deferred examination period. No further extensions of deferred exams shall be granted.

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