1. UIUC Fall 2001 Accy403 (MSA) Overview
Purpose & learning objectives
Format
Workload, class preparation and grades
Communication
Next class

2. Purpose & learning objectives
Use of accounting for managerial planning and control decisions
Understanding cost behavior
Making decisions based on accounting numbers
Designing the accounting system
Using the accounting system to control decentralized or delegated decision making behavior.

3. Format Discovery learning
Read before class (chapter or part of chapter)
Work problems
Bring solutions to class
Discuss solutions in class
Work on a new problem in class (in groups).

4. Workload, class preparation and grades
Homework: 12 of 15 assignments 120
Class participation
2 Midterm Exams (125 each) 250
Final Project
Total
No late assignment, no makeup exam.
Always bring 2 copies of homework to class.
Final grades are assigned based on class rank.

5. Communication Office: 225 E, David Kinley Hall E-mail: doogar@uiuc.edu
Phone:
Office hours: 1:00 – 2:30 Tu, Th or call me.
TAs: Jessica Lambe and Carrie Roesner
TA Office hours: TBA

6. Next class Read Zimm Ch 2 parts A & B.
know the difference between opportunity cost and sunk cost
understand different types of opportunity costs
understand fixed, variable and mixed costs
understand marginal vs. average costs
Do homeworks: P2-1, 2-3, 2-32; bring 2 copies to class.
Read, understand and think about P2-9, 2-10 for class.